Izman Torah Solutions
EIN: 272788837 · Sanford, NC · NTEE: X30
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $327K |
| Net Assets | $36K |
Is Izman Torah Solutions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Izman Torah Solutions
Izman Torah Solutions (EIN: 272788837) is a nonprofit organization based in Sanford, NC, classified under NTEE code X30. The organization reported total revenue of $256K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Izman Torah Solutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Izman Torah Solutions is a small nonprofit that has been operating for 16 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $327K |
| Surplus / Deficit | $-14,627 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | -4.7% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Izman Torah Solutions reported a deficit of $15K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2015–2023), Izman Torah Solutions's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.4% | +29.3% | -28.8% |
| 2022 | +19.6% | +56.7% | -30.3% |
| 2021 | +7.6% | +11.3% | +76.5% |
| 2020 | +70.8% | +15.3% | +486.4% |
| 2019 | -19.1% | -2.5% | -74.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Izman Torah Solutions has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Izman Torah Solutions with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Izman Torah Solutions
Is Izman Torah Solutions a legitimate charity?
Izman Torah Solutions (EIN: 272788837) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $256K. No red flags identified. Financial health grade: C.
How does Izman Torah Solutions spend its money?
Izman Torah Solutions reported $256K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Izman Torah Solutions tax-deductible?
Izman Torah Solutions is registered as a tax-exempt nonprofit (EIN: 272788837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Izman Torah Solutions located?
Izman Torah Solutions is headquartered in Sanford, North Carolina and files with the IRS under EIN 272788837. It is classified under NTEE code X30.
How many years of IRS 990 filings does Izman Torah Solutions have?
Izman Torah Solutions has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $256K in total revenue.
Filing History
IRS 990 filing history for Izman Torah Solutions showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Izman Torah Solutions's revenue has grown by 434.8%, moving from $58K to $313K. Total assets increased by 23.4% over the same period, from $29K to $36K. Total functional expenses rose by 486.8%, from $56K to $327K. In its most recent filing year (2023), Izman Torah Solutions reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $327K | $36K | $0 | — | — |
| 2022 | $231K | $253K | $51K | $0 | — | View 990 |
| 2021 | $193K | $161K | $73K | $0 | — | View 990 |
| 2020 | $179K | $145K | $41K | $0 | — | — |
| 2019 | $105K | $126K | $7K | $0 | — | View 990 |
| 2018 | $130K | $129K | $28K | $0 | — | View 990 |
| 2017 | $113K | $123K | $27K | $0 | — | View 990 |
| 2016 | $90K | $83K | $37K | $0 | — | View 990 |
| 2015 | $58K | $56K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $327K, and assets of $36K (revenue +35.4% year-over-year).
- 2022: Revenue of $231K, expenses of $253K, and assets of $51K (revenue +19.6% year-over-year).
- 2021: Revenue of $193K, expenses of $161K, and assets of $73K (revenue +7.6% year-over-year).
- 2020: Revenue of $179K, expenses of $145K, and assets of $41K (revenue +70.8% year-over-year).
- 2019: Revenue of $105K, expenses of $126K, and assets of $7K (revenue -19.1% year-over-year).
- 2018: Revenue of $130K, expenses of $129K, and assets of $28K (revenue +14.5% year-over-year).
- 2017: Revenue of $113K, expenses of $123K, and assets of $27K (revenue +26.1% year-over-year).
- 2016: Revenue of $90K, expenses of $83K, and assets of $37K (revenue +53.8% year-over-year).
- 2015: Revenue of $58K, expenses of $56K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Izman Torah Solutions:
Data Sources and Methodology
This transparency report for Izman Torah Solutions is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.