Kollel Zichron Avrohom Inc
EIN: 270305616 · N Miami Beach, FL · NTEE: X30
Is Kollel Zichron Avrohom Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kollel Zichron Avrohom Inc
Kollel Zichron Avrohom Inc (EIN: 270305616) is a nonprofit organization based in N Miami Beach, FL, classified under NTEE code X30. The organization reported total revenue of $618K and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kollel Zichron Avrohom Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kollel Zichron Avrohom Inc is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$936K |
| Total Assets | $10.2M |
| Total Liabilities | $15K |
| Net Assets | $10.2M |
| Operating Margin | 32.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 62.1 months |
Financial Health Grade: A
In 2023, Kollel Zichron Avrohom Inc reported a surplus of $936K with revenue exceeding expenses, holds 62.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kollel Zichron Avrohom Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | -3.6% | +10.3% |
| 2022 | -29.0% | +43.5% | +7.9% |
| 2021 | +78.0% | +5.0% | +39.2% |
| 2020 | +89.1% | -7.4% | +14.9% |
| 2019 | -38.1% | +12.0% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kollel Zichron Avrohom Inc 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 Kollel Zichron Avrohom Inc 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 surplus of $936K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Kollel Zichron Avrohom Inc
Is Kollel Zichron Avrohom Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kollel Zichron Avrohom Inc (EIN: 270305616) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kollel Zichron Avrohom Inc spend its money?
Detailed spending breakdown data is not yet available for Kollel Zichron Avrohom Inc. Check back for updated IRS 990 analysis.
Are donations to Kollel Zichron Avrohom Inc tax-deductible?
Kollel Zichron Avrohom Inc is registered as a tax-exempt nonprofit (EIN: 270305616). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Kollel Zichron Avrohom Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kollel Zichron Avrohom Inc's revenue has grown by 531.3%, moving from $461K to $2.9M. Total assets increased by 2360.4% over the same period, from $415K to $10.2M. Total functional expenses rose by 674.6%, from $255K to $2.0M. In its most recent filing year (2023), Kollel Zichron Avrohom Inc reported a surplus of $936K, with revenue exceeding expenses. The organization holds $15K in liabilities against $10.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.0M | $10.2M | $15K | — | — |
| 2022 | $2.7M | $2.0M | $9.3M | $0 | — | View 990 |
| 2021 | $3.8M | $1.4M | $8.6M | $0 | — | View 990 |
| 2020 | $2.2M | $1.4M | $6.2M | $0 | — | View 990 |
| 2019 | $1.1M | $1.5M | $5.4M | $0 | — | View 990 |
| 2018 | $1.8M | $1.3M | $5.7M | $23 | — | View 990 |
| 2017 | $2.1M | $1.1M | $5.2M | $0 | — | View 990 |
| 2016 | $2.9M | $938K | $4.1M | $0 | — | View 990 |
| 2015 | $1.0M | $770K | $2.2M | $0 | — | View 990 |
| 2014 | $905K | $495K | $1.9M | $0 | — | View 990 |
| 2013 | $1.3M | $406K | $1.5M | $0 | — | View 990 |
| 2012 | $577K | $366K | $627K | $0 | — | View 990 |
| 2011 | $461K | $255K | $415K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.0M, and assets of $10.2M (revenue +6.6% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.0M, and assets of $9.3M (revenue -29.0% year-over-year).
- 2021: Revenue of $3.8M, expenses of $1.4M, and assets of $8.6M (revenue +78.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.4M, and assets of $6.2M (revenue +89.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.5M, and assets of $5.4M (revenue -38.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.3M, and assets of $5.7M (revenue -12.6% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.1M, and assets of $5.2M (revenue -26.6% year-over-year).
- 2016: Revenue of $2.9M, expenses of $938K, and assets of $4.1M (revenue +180.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $770K, and assets of $2.2M (revenue +13.5% year-over-year).
- 2014: Revenue of $905K, expenses of $495K, and assets of $1.9M (revenue -30.6% year-over-year).
- 2013: Revenue of $1.3M, expenses of $406K, and assets of $1.5M (revenue +125.6% year-over-year).
- 2012: Revenue of $577K, expenses of $366K, and assets of $627K (revenue +25.3% year-over-year).
- 2011: Revenue of $461K, expenses of $255K, and assets of $415K.
Data Sources and Methodology
This transparency report for Kollel Zichron Avrohom Inc 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.