Shuvi Nafshi Foundation Inc
Shuvi Nafshi Foundation consistently spends nearly all revenue on programs with no officer compensation.
EIN: 133998507 · Brooklyn, NY · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| Net Assets | $5K |
| Transparency Score | 85/100 |
Is Shuvi Nafshi Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shuvi Nafshi Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shuvi Nafshi Foundation Inc
Shuvi Nafshi Foundation Inc (EIN: 133998507) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X11. The organization reported total revenue of $2.0M and total assets of $339K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shuvi Nafshi Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shuvi Nafshi Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-166,946 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -10.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Shuvi Nafshi Foundation Inc reported a deficit of $167K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2013–2022), Shuvi Nafshi Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -6.8% | +6.7% | -97.2% |
| 2021 | +44.7% | +44.7% | +46.1% |
| 2020 | -31.1% | -31.1% | +45.2% |
| 2019 | +24.3% | +18.2% | +193.1% |
| 2018 | +24.3% | +30.3% | -47.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Shuvi Nafshi Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Shuvi Nafshi Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $167K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is a strong positive for donor confidence 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 Shuvi Nafshi Foundation Inc's IRS 990 filings:
- Expenses occasionally exceed revenue, as seen in 2022 ($1,715,662 expenses vs. $1,548,716 revenue), which could indicate reliance on prior year surpluses or other funding sources not detailed.
Strengths
The following positive indicators were identified for Shuvi Nafshi Foundation Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
- High program spending efficiency, with expenses closely matching revenue, indicating funds are quickly deployed for mission.
- No reported liabilities, suggesting sound financial management and avoidance of debt.
Frequently Asked Questions about Shuvi Nafshi Foundation Inc
Is Shuvi Nafshi Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shuvi Nafshi Foundation Inc (EIN: 133998507) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Shuvi Nafshi Foundation Inc spend its money?
Shuvi Nafshi Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shuvi Nafshi Foundation Inc tax-deductible?
Shuvi Nafshi Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133998507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shuvi Nafshi Foundation Inc's spending goes to programs?
Shuvi Nafshi Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shuvi Nafshi Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shuvi Nafshi Foundation Inc is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shuvi Nafshi Foundation Inc located?
Shuvi Nafshi Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133998507. It is classified under NTEE code X11.
How many years of IRS 990 filings does Shuvi Nafshi Foundation Inc have?
Shuvi Nafshi Foundation Inc has 10 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 $2.0M in total revenue.
Is Shuvi Nafshi Foundation Inc a good charity?
Based on the provided data, Shuvi Nafshi Foundation Inc appears to be a good charity, primarily due to its consistent 0% officer compensation and its practice of spending nearly all revenue on its mission, indicating efficient use of funds.
How does Shuvi Nafshi Foundation Inc manage its assets?
The organization maintains relatively low assets compared to its annual revenue, for example, $4,787 in assets against $1,548,716 in revenue in 2022, suggesting a strategy of direct spending on programs rather than accumulating large reserves.
What is the trend in Shuvi Nafshi Foundation Inc's revenue?
Shuvi Nafshi Foundation Inc's revenue has generally shown an upward trend over the past decade, increasing from $971,501 in 2013 to $1,548,716 in 2022, with a peak of $1,666,953 in 2019.
Filing History
IRS 990 filing history for Shuvi Nafshi Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Shuvi Nafshi Foundation Inc's revenue has grown by 59.4%, moving from $972K to $1.5M. Total assets decreased by 98.2% over the same period, from $262K to $5K. Total functional expenses rose by 80%, from $953K to $1.7M. In its most recent filing year (2022), Shuvi Nafshi Foundation Inc reported a deficit of $167K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $1.7M | $5K | $0 | — | View 990 |
| 2021 | $1.7M | $1.6M | $172K | $0 | — | View 990 |
| 2020 | $1.1M | $1.1M | $118K | $0 | — | — |
| 2019 | $1.7M | $1.6M | $81K | $0 | — | View 990 |
| 2018 | $1.3M | $1.4M | $28K | $0 | — | View 990 |
| 2017 | $1.1M | $1.0M | $52K | $0 | — | View 990 |
| 2016 | $877K | $945K | $22K | $0 | — | View 990 |
| 2015 | $912K | $955K | $90K | $0 | — | View 990 |
| 2014 | $796K | $925K | $134K | $0 | — | View 990 |
| 2013 | $972K | $953K | $262K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $5K (revenue -6.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $172K (revenue +44.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $118K (revenue -31.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $81K (revenue +24.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $28K (revenue +24.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $52K (revenue +23.0% year-over-year).
- 2016: Revenue of $877K, expenses of $945K, and assets of $22K (revenue -3.8% year-over-year).
- 2015: Revenue of $912K, expenses of $955K, and assets of $90K (revenue +14.5% year-over-year).
- 2014: Revenue of $796K, expenses of $925K, and assets of $134K (revenue -18.0% year-over-year).
- 2013: Revenue of $972K, expenses of $953K, and assets of $262K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shuvi Nafshi Foundation Inc:
Data Sources and Methodology
This transparency report for Shuvi Nafshi Foundation 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.