Rabbi Abraham And Shirley Kelmanfoundation Inc
Rabbi Abraham And Shirley Kelmanfoundation Inc consistently operates at a deficit, depleting assets over time.
EIN: 208370192 · Baltimore, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $151K |
| Program Spending | 75% |
| Net Assets | $564K |
| Transparency Score | 45/100 |
Is Rabbi Abraham And Shirley Kelmanfoundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rabbi Abraham And Shirley Kelmanfoundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rabbi Abraham And Shirley Kelmanfoundation Inc
Rabbi Abraham And Shirley Kelmanfoundation Inc (EIN: 208370192) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T22. The organization reported total revenue of $208K and total assets of $527K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rabbi Abraham And Shirley Kelmanfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rabbi Abraham And Shirley Kelmanfoundation Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2007–2023). Revenue has grown at a compound annual rate of 93.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $151K |
| Surplus / Deficit | $-111,454 |
| Total Assets | $564K |
| Total Liabilities | $1 |
| Net Assets | $564K |
| Operating Margin | -280.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 44.8 months |
Financial Health Grade: B
In 2023, Rabbi Abraham And Shirley Kelmanfoundation Inc reported a deficit of $111K with expenses exceeding revenue, holds 44.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2007–2023), Rabbi Abraham And Shirley Kelmanfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 93.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.9% | +26.2% | -16.5% |
| 2022 | -40.1% | +0.8% | -7.4% |
| 2021 | +155.7% | -3.0% | -1.2% |
| 2020 | -28.4% | +8.7% | -9.7% |
| 2019 | -19.4% | -12.2% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rabbi Abraham And Shirley Kelmanfoundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Rabbi Abraham And Shirley Kelmanfoundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is a strong positive for financial transparency and resource allocation.
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 Rabbi Abraham And Shirley Kelmanfoundation Inc's IRS 990 filings:
- Consistent and significant operational deficits (e.g., $111,454 deficit in 202312).
- Steady decline in total assets over multiple years (from $934,940 in 201412 to $563,712 in 202312).
- Revenue consistently insufficient to cover expenses.
Strengths
The following positive indicators were identified for Rabbi Abraham And Shirley Kelmanfoundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Very low liabilities consistently reported, suggesting good management of short-term debts.
Frequently Asked Questions about Rabbi Abraham And Shirley Kelmanfoundation Inc
Is Rabbi Abraham And Shirley Kelmanfoundation Inc a legitimate charity?
Rabbi Abraham And Shirley Kelmanfoundation Inc (EIN: 208370192) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 45/100. It has 11 years of IRS 990 filings on record. Total revenue: $208K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Rabbi Abraham And Shirley Kelmanfoundation Inc spend its money?
Rabbi Abraham And Shirley Kelmanfoundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rabbi Abraham And Shirley Kelmanfoundation Inc tax-deductible?
Rabbi Abraham And Shirley Kelmanfoundation Inc is registered as a tax-exempt nonprofit (EIN: 208370192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rabbi Abraham And Shirley Kelmanfoundation Inc's spending goes to programs?
Rabbi Abraham And Shirley Kelmanfoundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rabbi Abraham And Shirley Kelmanfoundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Rabbi Abraham And Shirley Kelmanfoundation Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rabbi Abraham And Shirley Kelmanfoundation Inc located?
Rabbi Abraham And Shirley Kelmanfoundation Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 208370192. It is classified under NTEE code T22.
How many years of IRS 990 filings does Rabbi Abraham And Shirley Kelmanfoundation Inc have?
Rabbi Abraham And Shirley Kelmanfoundation Inc has 11 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 $208K in total revenue.
Is Rabbi Abraham And Shirley Kelmanfoundation Inc financially sustainable?
Based on the consistent deficits where expenses significantly exceed revenue (e.g., $151,133 expenses vs. $39,679 revenue in 202312), the organization does not appear financially sustainable in its current operational model, as it is drawing down its assets.
Why are the organization's assets decreasing?
The organization's assets are decreasing because its annual expenses consistently exceed its annual revenues. For example, assets decreased from $675,166 in 202212 to $563,712 in 202312, reflecting the use of existing assets to cover operational shortfalls.
What is the primary source of the organization's funding?
While specific donor details are not provided, the 'Revenue' figures (e.g., $39,679 in 202312) represent the total income. Given the NTEE code T22 (Jewish federated giving programs), it's likely from contributions, grants, or investment income, but the filings indicate these sources are insufficient to cover expenses.
How does the organization manage its liabilities?
The organization consistently reports very low liabilities, often $1, across recent filings (e.g., 202312, 202212, 202112). This suggests a strong ability to meet its short-term obligations, despite the overall financial decline.
Filing History
IRS 990 filing history for Rabbi Abraham And Shirley Kelmanfoundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2007–2023), Rabbi Abraham And Shirley Kelmanfoundation Inc's revenue has grown by 3967800%, moving from $1 to $40K. Total assets increased by 56371100% over the same period, from $1 to $564K. In its most recent filing year (2023), Rabbi Abraham And Shirley Kelmanfoundation Inc reported a deficit of $111K, with expenses exceeding revenue. The organization holds $1 in liabilities against $564K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $564K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $151K | $564K | $1 | — | — |
| 2022 | $66K | $120K | $675K | $1 | — | View 990 |
| 2021 | $110K | $119K | $729K | $1 | — | View 990 |
| 2020 | $43K | $122K | $738K | $1 | — | — |
| 2019 | $60K | $113K | $817K | $1 | — | — |
| 2015 | $75K | $128K | $881K | $1 | — | View 990 |
| 2014 | $69K | $84K | $935K | $25K | — | View 990 |
| 2013 | $35K | $111K | $678K | $25K | — | View 990 |
| 2012 | $38K | $68K | $767K | $38K | — | View 990 |
| 2008 | $1 | $0 | $1 | $0 | — | View 990 |
| 2007 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $151K, and assets of $564K (revenue -39.9% year-over-year).
- 2022: Revenue of $66K, expenses of $120K, and assets of $675K (revenue -40.1% year-over-year).
- 2021: Revenue of $110K, expenses of $119K, and assets of $729K (revenue +155.7% year-over-year).
- 2020: Revenue of $43K, expenses of $122K, and assets of $738K (revenue -28.4% year-over-year).
- 2019: Revenue of $60K, expenses of $113K, and assets of $817K (revenue -19.4% year-over-year).
- 2015: Revenue of $75K, expenses of $128K, and assets of $881K (revenue +8.2% year-over-year).
- 2014: Revenue of $69K, expenses of $84K, and assets of $935K (revenue +94.7% year-over-year).
- 2013: Revenue of $35K, expenses of $111K, and assets of $678K (revenue -5.9% year-over-year).
- 2012: Revenue of $38K, expenses of $68K, and assets of $767K (revenue +3765100.0% year-over-year).
- 2008: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2007: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rabbi Abraham And Shirley Kelmanfoundation Inc:
Data Sources and Methodology
This transparency report for Rabbi Abraham And Shirley Kelmanfoundation 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.