Zamir Choral Foundation Inc
Zamir Choral Foundation Inc. shows stable operations with recent deficit, no reported officer compensation.
EIN: 136217087 · New York, NY · NTEE: A6BZ · Updated: 2026-03-28
Is Zamir Choral Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zamir Choral Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zamir Choral Foundation Inc
Zamir Choral Foundation Inc (EIN: 136217087) is a nonprofit organization based in New York, NY, classified under NTEE code A6BZ. The organization reported total revenue of $2.5M and total assets of $903K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zamir Choral Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zamir Choral 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Zamir Choral Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Zamir Choral Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size (revenues consistently over $1.5M).
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 Zamir Choral Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent fiscal period (202308) by $465,658.
- Significant decrease in assets from $1,055,370 in 202208 to $613,209 in 202308.
Strengths
The following positive indicators were identified for Zamir Choral Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency in this area.
- Long operating history with 13 filings, demonstrating organizational stability.
- Generally stable revenue streams over the past decade, typically between $1.5M and $2.5M.
- Low liabilities relative to assets, indicating a healthy financial position.
Frequently Asked Questions about Zamir Choral Foundation Inc
Is Zamir Choral Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zamir Choral Foundation Inc (EIN: 136217087) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Zamir Choral Foundation Inc spend its money?
Zamir Choral Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zamir Choral Foundation Inc tax-deductible?
Zamir Choral Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136217087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Zamir Choral Foundation Inc. consistently report 0% officer compensation?
The filings indicate that no compensation is paid to officers. This could mean officers are volunteers, or their compensation is categorized differently and not reported under 'officer compensation' on the 990, though the latter is less common for an organization of this scale.
What caused the deficit in the 202308 fiscal period?
In the 202308 period, expenses ($2,466,933) exceeded revenue ($2,001,275) by $465,658. A detailed breakdown of expense categories would be needed to understand the specific drivers of this increase or revenue decrease.
How does the organization manage its assets and liabilities?
Assets have fluctuated between approximately $524,636 and $1,055,370 over the past decade, while liabilities have generally remained low, typically under $300,000, indicating a healthy balance sheet with more assets than liabilities.
Filing History
IRS 990 filing history for Zamir Choral Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Zamir Choral Foundation Inc's revenue has grown by 158.7%, moving from $773K to $2.0M. Total assets increased by 37.9% over the same period, from $445K to $613K. Total functional expenses rose by 400.7%, from $493K to $2.5M. In its most recent filing year (2023), Zamir Choral Foundation Inc reported a deficit of $466K, with expenses exceeding revenue. The organization holds $163K in liabilities against $613K in assets (debt-to-asset ratio: 26.5%), resulting in net assets of $451K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.5M | $613K | $163K | — | — |
| 2022 | $2.4M | $2.2M | $1.1M | $135K | — | View 990 |
| 2021 | $1.8M | $1.6M | $1.1M | $266K | — | — |
| 2020 | $1.5M | $1.3M | $868K | $257K | — | — |
| 2019 | $1.8M | $2.1M | $525K | $67K | — | View 990 |
| 2018 | $2.1M | $2.2M | $827K | $37K | — | View 990 |
| 2017 | $2.2M | $2.0M | $932K | $28K | — | View 990 |
| 2016 | $1.7M | $1.7M | $788K | $32K | — | View 990 |
| 2015 | $1.5M | $1.6M | $813K | $31K | — | View 990 |
| 2014 | $1.8M | $1.5M | $967K | $33K | — | View 990 |
| 2013 | $1.4M | $1.1M | $703K | $45K | — | View 990 |
| 2012 | $506K | $607K | $339K | $29K | — | View 990 |
| 2011 | $773K | $493K | $445K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.5M, and assets of $613K (revenue -16.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.2M, and assets of $1.1M (revenue +34.7% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $1.1M (revenue +18.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $868K (revenue -16.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.1M, and assets of $525K (revenue -15.9% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.2M, and assets of $827K (revenue -2.2% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $932K (revenue +30.8% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $788K (revenue +12.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $813K (revenue -17.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.5M, and assets of $967K (revenue +26.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $703K (revenue +181.2% year-over-year).
- 2012: Revenue of $506K, expenses of $607K, and assets of $339K (revenue -34.5% year-over-year).
- 2011: Revenue of $773K, expenses of $493K, and assets of $445K.
Data Sources and Methodology
This transparency report for Zamir Choral 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.