Shuvu Banim Miami Inc
EIN: 462729828 · Aventura, FL · NTEE: X30
Is Shuvu Banim Miami Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shuvu Banim Miami Inc
Shuvu Banim Miami Inc (EIN: 462729828) is a nonprofit organization based in Aventura, FL, classified under NTEE code X30. The organization reported total revenue of $638K and total assets of $460K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shuvu Banim Miami Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shuvu Banim Miami Inc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $597K |
| Total Expenses | $669K |
| Surplus / Deficit | $-72,127 |
| Total Assets | $426K |
| Net Assets | $426K |
| Operating Margin | -12.1% |
| Months of Reserves | 7.6 months |
Financial Health Grade: B
In 2023, Shuvu Banim Miami Inc reported a deficit of $72K with expenses exceeding revenue, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Shuvu Banim Miami Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.1% | +9.5% | -14.5% |
| 2022 | +2.7% | +35.5% | +45.3% |
| 2021 | +219.1% | +106.7% | +623.0% |
| 2020 | +54.8% | +38.3% | +50.0% |
| 2019 | -40.6% | -37.6% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shuvu Banim Miami 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 Shuvu Banim Miami 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 deficit of $72K, with expenses exceeding revenue.
Frequently Asked Questions about Shuvu Banim Miami Inc
Is Shuvu Banim Miami Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shuvu Banim Miami Inc (EIN: 462729828) insufficient data. 0 red flags identified, 0 strengths noted.
How does Shuvu Banim Miami Inc spend its money?
Detailed spending breakdown data is not yet available for Shuvu Banim Miami Inc. Check back for updated IRS 990 analysis.
Are donations to Shuvu Banim Miami Inc tax-deductible?
Shuvu Banim Miami Inc is registered as a tax-exempt nonprofit (EIN: 462729828). 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 Shuvu Banim Miami Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Shuvu Banim Miami Inc's revenue has grown by 429.1%, moving from $113K to $597K. Total assets increased by 51940.3% over the same period, from $819 to $426K. Total functional expenses rose by 497.4%, from $112K to $669K. In its most recent filing year (2023), Shuvu Banim Miami Inc reported a deficit of $72K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $597K | $669K | $426K | $0 | — | — |
| 2022 | $766K | $611K | $498K | $0 | — | — |
| 2021 | $746K | $451K | $343K | $0 | — | View 990 |
| 2020 | $234K | $218K | $47K | $0 | — | View 990 |
| 2019 | $151K | $158K | $32K | $0 | — | View 990 |
| 2018 | $254K | $253K | $38K | $0 | — | View 990 |
| 2017 | $302K | $270K | $36K | $0 | — | View 990 |
| 2016 | $162K | $163K | $5K | $0 | — | — |
| 2015 | $97K | $92K | $6K | $0 | — | View 990 |
| 2014 | $113K | $112K | $819 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $597K, expenses of $669K, and assets of $426K (revenue -22.1% year-over-year).
- 2022: Revenue of $766K, expenses of $611K, and assets of $498K (revenue +2.7% year-over-year).
- 2021: Revenue of $746K, expenses of $451K, and assets of $343K (revenue +219.1% year-over-year).
- 2020: Revenue of $234K, expenses of $218K, and assets of $47K (revenue +54.8% year-over-year).
- 2019: Revenue of $151K, expenses of $158K, and assets of $32K (revenue -40.6% year-over-year).
- 2018: Revenue of $254K, expenses of $253K, and assets of $38K (revenue -15.9% year-over-year).
- 2017: Revenue of $302K, expenses of $270K, and assets of $36K (revenue +86.5% year-over-year).
- 2016: Revenue of $162K, expenses of $163K, and assets of $5K (revenue +66.8% year-over-year).
- 2015: Revenue of $97K, expenses of $92K, and assets of $6K (revenue -13.8% year-over-year).
- 2014: Revenue of $113K, expenses of $112K, and assets of $819.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shuvu Banim Miami Inc:
Data Sources and Methodology
This transparency report for Shuvu Banim Miami 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.