Save A Neshama Endowment Inc
Save A Neshama Endowment Inc faces significant financial instability with persistent deficit spending and high liabilities.
EIN: 204218857 · Phoenix, AZ · NTEE: Q05 · Updated: 2026-03-28
Is Save A Neshama Endowment Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Save A Neshama Endowment Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Save A Neshama Endowment Inc
Save A Neshama Endowment Inc (EIN: 204218857) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code Q05. The organization reported total revenue of $59K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Save A Neshama Endowment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Save A Neshama Endowment Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $107K |
| Surplus / Deficit | $-20,529 |
| Total Assets | $9K |
| Total Liabilities | $533K |
| Net Assets | $-523,504 |
| Operating Margin | -23.8% |
| Debt-to-Asset Ratio | 5757.7% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2023, Save A Neshama Endowment Inc reported a deficit of $21K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 5757.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Save A Neshama Endowment Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | -3.6% | -44.9% |
| 2022 | -22.6% | -30.5% | +773.7% |
| 2021 | -64.5% | +42.5% | -83.9% |
| 2020 | +88.2% | -4.1% | -81.8% |
| 2019 | -23.2% | -16.1% | +87.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Save A Neshama Endowment Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Save A Neshama Endowment Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5757.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is a positive for minimizing overhead.
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 Save A Neshama Endowment Inc's IRS 990 filings:
- Consistent deficit spending for the past three years (2021-2023)
- High and growing liabilities ($532,757 in 2023) significantly exceeding assets ($9,253 in 2023)
- Low asset base relative to the scale of operations and liabilities
- Negative net assets for multiple years, indicating insolvency
Strengths
The following positive indicators were identified for Save A Neshama Endowment Inc:
- Zero officer compensation reported across all available filings, indicating efficient use of funds for executive pay.
- Long filing history (13 filings) demonstrates consistent reporting to the IRS.
Frequently Asked Questions about Save A Neshama Endowment Inc
Is Save A Neshama Endowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Save A Neshama Endowment Inc (EIN: 204218857) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Save A Neshama Endowment Inc spend its money?
Save A Neshama Endowment Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Save A Neshama Endowment Inc tax-deductible?
Save A Neshama Endowment Inc is registered as a tax-exempt nonprofit (EIN: 204218857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Save A Neshama Endowment Inc financially sustainable?
Based on the consistent deficit spending (e.g., $106,937 expenses vs. $86,408 revenue in 2023) and a growing liability of $532,757 against only $9,253 in assets in 2023, the organization's financial sustainability is highly questionable.
What is the primary reason for the organization's high liabilities?
The filings do not provide specific details on the nature of the liabilities, but their consistent growth and magnitude relative to assets suggest significant outstanding obligations that are not being covered by current revenues.
How does the organization fund its operations given the revenue shortfalls?
The consistent revenue shortfalls relative to expenses imply that the organization is either drawing down on past reserves (which are not evident in the asset figures) or accumulating debt, as reflected in the increasing liabilities.
Filing History
IRS 990 filing history for Save A Neshama Endowment Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Save A Neshama Endowment Inc's revenue has declined by 65%, moving from $247K to $86K. Total assets decreased by 1.8% over the same period, from $9K to $9K. Total functional expenses fell by 38.7%, from $174K to $107K. In its most recent filing year (2023), Save A Neshama Endowment Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $533K in liabilities against $9K in assets (debt-to-asset ratio: 5757.7%), resulting in net assets of $-523,504.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $107K | $9K | $533K | — | — |
| 2022 | $91K | $111K | $17K | $520K | — | View 990 |
| 2021 | $117K | $159K | $2K | $485K | — | View 990 |
| 2020 | $330K | $112K | $12K | $452K | — | — |
| 2019 | $175K | $117K | $66K | $724K | — | View 990 |
| 2018 | $228K | $139K | $35K | $753K | — | View 990 |
| 2017 | $37K | $181K | $11K | $818K | — | View 990 |
| 2016 | $41K | $195K | $6K | $669K | — | View 990 |
| 2015 | $71K | $201K | $19K | $528K | — | View 990 |
| 2014 | $30K | $104K | $10K | $389K | — | View 990 |
| 2013 | $74K | $205K | $11K | $317K | — | View 990 |
| 2012 | $116K | $150K | $12K | $186K | — | View 990 |
| 2011 | $247K | $174K | $9K | $151K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $107K, and assets of $9K (revenue -4.7% year-over-year).
- 2022: Revenue of $91K, expenses of $111K, and assets of $17K (revenue -22.6% year-over-year).
- 2021: Revenue of $117K, expenses of $159K, and assets of $2K (revenue -64.5% year-over-year).
- 2020: Revenue of $330K, expenses of $112K, and assets of $12K (revenue +88.2% year-over-year).
- 2019: Revenue of $175K, expenses of $117K, and assets of $66K (revenue -23.2% year-over-year).
- 2018: Revenue of $228K, expenses of $139K, and assets of $35K (revenue +522.2% year-over-year).
- 2017: Revenue of $37K, expenses of $181K, and assets of $11K (revenue -11.0% year-over-year).
- 2016: Revenue of $41K, expenses of $195K, and assets of $6K (revenue -42.2% year-over-year).
- 2015: Revenue of $71K, expenses of $201K, and assets of $19K (revenue +135.7% year-over-year).
- 2014: Revenue of $30K, expenses of $104K, and assets of $10K (revenue -59.2% year-over-year).
- 2013: Revenue of $74K, expenses of $205K, and assets of $11K (revenue -36.2% year-over-year).
- 2012: Revenue of $116K, expenses of $150K, and assets of $12K (revenue -52.8% year-over-year).
- 2011: Revenue of $247K, expenses of $174K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Save A Neshama Endowment Inc:
Data Sources and Methodology
This transparency report for Save A Neshama Endowment 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.