Ner Tzion Foundation

Ner Tzion Foundation consistently spends more than it earns annually, yet maintains substantial and growing assets.

EIN: 20613293 · Miami Beach, FL · NTEE: T20 · Updated: 2026-03-28

$3.4MRevenue
$24.5MAssets
65/100Mission Score (Good)
T20

Is Ner Tzion Foundation Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Ner Tzion Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Ner Tzion Foundation

Ner Tzion Foundation (EIN: 20613293) is a nonprofit organization based in Miami Beach, FL, classified under NTEE code T20. The organization reported total revenue of $3.4M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ner Tzion Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Ner Tzion Foundation demonstrates a consistent financial pattern over the past decade, characterized by revenues often falling short of expenses in most reported periods. For instance, in 2022, revenue was $755,966 against expenses of $1,310,183, indicating a deficit. This trend is visible in multiple years, suggesting the organization may be relying on prior reserves or other non-operating income to cover its costs. Despite these operational deficits, the organization maintains substantial assets, growing from $18,574,230 in 2011 to $24,548,076 currently, which could be indicative of investment income or significant prior contributions. The consistent reporting of only $1 in liabilities across all filings is unusual and warrants further investigation to understand the full financial picture, as it suggests either minimal debt or an incomplete reporting of financial obligations. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits raise questions about long-term sustainability if not offset by non-operating income. The absence of reported officer compensation across all filings is a notable aspect of its transparency. While this could indicate a volunteer-led executive team, it's also a point that could benefit from clearer disclosure regarding how leadership is compensated, if at all, or if services are provided pro bono. The NTEE code T20 (Jewish Federations & Agencies) suggests a focus on community support, but the financial data alone doesn't detail the impact of its program spending. Overall, Ner Tzion Foundation appears to be a well-resourced organization in terms of assets, but its operational finances show a pattern of spending exceeding revenue in many years. The lack of reported officer compensation and the consistent $1 liability are unusual reporting aspects that could be clarified for enhanced transparency. A deeper dive into the source of its asset growth and the specific allocation of its expenses would provide a more complete understanding of its financial health and spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ner Tzion Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Ner Tzion Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

No officer compensation has been reported across all nine available IRS 990 filings, which is highly unusual for an organization with assets exceeding $24 million and annual expenses often over $1 million. This suggests either a fully volunteer executive team or that compensation is structured in a way not reported as officer compensation on the 990.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Ner Tzion Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Ner Tzion Foundation:

Frequently Asked Questions about Ner Tzion Foundation

Is Ner Tzion Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Ner Tzion Foundation (EIN: 20613293) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

How does Ner Tzion Foundation spend its money?

Ner Tzion Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Ner Tzion Foundation tax-deductible?

Ner Tzion Foundation is registered as a tax-exempt nonprofit (EIN: 20613293). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Ner Tzion Foundation cover its operational deficits?

The organization frequently reports expenses exceeding revenue (e.g., $1,310,183 expenses vs. $755,966 revenue in 2022). This suggests reliance on investment income from its substantial assets or drawing down on prior reserves to cover annual operating costs.

Why are liabilities consistently reported as $1?

Reporting only $1 in liabilities across all filings is highly unusual for an organization of this size and asset base. This could indicate a unique financial structure, but it also raises questions about the completeness of liability reporting on the 990.

Is the executive leadership compensated?

No officer compensation is reported in any of the available 990 filings. This implies either a completely volunteer-led executive team or that compensation is paid through other means not categorized as officer compensation on the 990.

What is the source of the organization's asset growth?

Despite frequent operational deficits, the organization's assets have grown from $18.5 million in 2011 to over $24.5 million currently. This growth likely stems from significant investment returns on its existing endowment or large, infrequent contributions not reflected in annual operating revenue.

Filing History

IRS 990 filing history for Ner Tzion Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Ner Tzion Foundation's revenue has declined by 84%, moving from $4.7M to $756K. Total assets decreased by 4.9% over the same period, from $18.6M to $17.7M. Total functional expenses rose by 52.1%, from $861K to $1.3M. In its most recent filing year (2022), Ner Tzion Foundation reported a deficit of $554K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2022 $756K $1.3M $17.7M $1 View 990
2021 $682K $1.1M $18.2M $1 View 990
2020 $485K $1.1M $18.6M $1 View 990
2019 $840K $1.2M $19.2M $1 View 990
2015 $960K $1.2M $19.1M $1 View 990
2014 $1.7M $1.1M $19.3M $1 View 990
2013 $711K $1.1M $18.7M $1 View 990
2012 $1.7M $1.2M $19.1M $1 View 990
2011 $4.7M $861K $18.6M $1 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Ner Tzion Foundation 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.

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