Zichron Avigdor Foundation

Zichron Avigdor Foundation shows inconsistent annual revenue but strong asset growth and zero executive compensation.

EIN: 200355779 · Lakewood, NJ · NTEE: T20 · Updated: 2026-03-28

$343KRevenue
$2.6MAssets
70/100Mission Score (Good)
T20
Zichron Avigdor Foundation Financial Summary
MetricValue
Total Revenue$343K
Total Expenses$204K
Program Spending80%
CEO/Top Officer Pay$2
Net Assets$2.4M
Transparency Score70/100

Is Zichron Avigdor Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Zichron Avigdor Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Zichron Avigdor Foundation

Zichron Avigdor Foundation (EIN: 200355779) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code T20. The organization reported total revenue of $343K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zichron Avigdor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Zichron Avigdor Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$140K
Total Expenses$204K
Surplus / Deficit$-63,422
Total Assets$2.4M
Total Liabilities$1
Net Assets$2.4M
Operating Margin-45.2%
Debt-to-Asset Ratio0.0%
Months of Reserves140.8 months

Financial Health Grade: B

In 2023, Zichron Avigdor Foundation reported a deficit of $63K with expenses exceeding revenue, holds 140.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Zichron Avigdor Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+610.4%+54.0%+10.9%
2022-94.1%-22.5%-10.4%
2021+1304.1%+50.2%+7.2%
2020-88.0%+107.0%-7.2%
2019-41.8%+11.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Zichron Avigdor Foundation exhibits a fluctuating financial performance over the past decade, with revenues and expenses varying significantly year-to-year. For instance, in 2023, the organization reported revenue of $140,419 against expenses of $203,841, indicating a deficit. This trend of expenses exceeding revenue is also seen in 2022 and 2020. However, in other years like 2021 and 2019, revenue substantially outpaced expenses, suggesting an inconsistent operational funding model. The organization consistently maintains a healthy asset base, growing from $1,277,922 in 2011 to $2,392,076 in 2023, with minimal liabilities, indicating strong financial solvency and asset management. The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings suggests a lean operational structure at the executive level, which can be a positive indicator of efficiency. The NTEE code T20 (Jewish Federations & Agencies) suggests a focus on community support, but without program expense details, the direct impact of spending on mission-related activities remains unclear. The consistent growth in assets despite revenue fluctuations points to effective long-term financial stewardship. Transparency is generally good given the availability of 10 years of IRS 990 filings. The consistent reporting of zero officer compensation is a transparent disclosure. However, the lack of detailed expense breakdowns (program vs. admin vs. fundraising) in the provided summary data limits a deeper analysis of how funds are allocated to achieve the mission. Further scrutiny of the full 990 forms would be necessary to fully evaluate spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Zichron Avigdor Foundation with a Mission Score of 70 out of 100 (Good). 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, Zichron Avigdor Foundation 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$140KTotal Revenue
$204KTotal Expenses
$2.4MTotal Assets
$1Total Liabilities
$2.4MNet Assets
  • The organization reported a deficit of $63K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly unusual for an organization with assets exceeding $2 million.

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 Zichron Avigdor Foundation's IRS 990 filings:

  • Inconsistent annual revenue, with significant deficits in multiple years (e.g., 2023: $140,419 revenue vs. $203,841 expenses)
  • Zero reported officer compensation for an organization with over $2 million in assets, which could indicate reliance on unpaid leadership or compensation structured in a non-transparent manner.
  • Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided summary data, limiting full assessment of spending efficiency.

Strengths

The following positive indicators were identified for Zichron Avigdor Foundation:

  • Strong and consistently growing asset base, increasing from $1,277,922 in 2011 to $2,392,076 in 2023, indicating robust financial stewardship.
  • Minimal liabilities ($1 reported consistently), demonstrating excellent financial solvency and low debt burden.
  • Consistent reporting of zero officer compensation, suggesting a lean executive cost structure and potential for high volunteer engagement.

Frequently Asked Questions about Zichron Avigdor Foundation

Is Zichron Avigdor Foundation a legitimate charity?

Zichron Avigdor Foundation (EIN: 200355779) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $343K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Zichron Avigdor Foundation spend its money?

Zichron Avigdor Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Zichron Avigdor Foundation tax-deductible?

Zichron Avigdor Foundation is registered as a tax-exempt nonprofit (EIN: 200355779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Zichron Avigdor Foundation CEO make?

Zichron Avigdor Foundation's highest-compensated officer earns $2 annually. The organization reported $343K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Zichron Avigdor Foundation's spending goes to programs?

Zichron Avigdor Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Zichron Avigdor Foundation compare to similar nonprofits?

With a transparency score of 70/100 (Good), Zichron Avigdor Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Zichron Avigdor Foundation located?

Zichron Avigdor Foundation is headquartered in Lakewood, New Jersey and files with the IRS under EIN 200355779. It is classified under NTEE code T20.

How many years of IRS 990 filings does Zichron Avigdor Foundation have?

Zichron Avigdor Foundation 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 $343K in total revenue.

How does Zichron Avigdor Foundation sustain operations with fluctuating revenues and zero reported officer compensation?

The organization's ability to sustain operations despite inconsistent revenues and zero reported officer compensation suggests reliance on volunteer leadership, significant in-kind contributions, or other funding mechanisms not fully detailed in the summary data. The substantial and growing asset base likely provides a buffer against revenue shortfalls.

What are the primary program activities funded by the Zichron Avigdor Foundation?

Based on the NTEE code T20 (Jewish Federations & Agencies), the foundation likely supports various Jewish community initiatives. However, without a detailed breakdown of program expenses from the full 990 filings, specific program activities cannot be identified from the provided data.

Why did expenses exceed revenue in multiple years (e.g., 2023, 2022, 2020)?

Expenses exceeding revenue in multiple years indicates operational deficits during those periods. This could be due to strategic spending from reserves, timing differences in grant receipts, or temporary funding shortfalls. The organization's strong asset base suggests it can absorb these deficits without immediate financial distress.

Filing History

IRS 990 filing history for Zichron Avigdor Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Zichron Avigdor Foundation's revenue has declined by 61.7%, moving from $367K to $140K. Total assets increased by 87.2% over the same period, from $1.3M to $2.4M. Total functional expenses rose by 301.3%, from $51K to $204K. In its most recent filing year (2023), Zichron Avigdor Foundation reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $140K $204K $2.4M $1 View 990
2022 $20K $132K $2.2M $1 View 990
2021 $332K $171K $2.4M $1 View 990
2020 $24K $114K $2.2M $1 View 990
2019 $198K $55K $2.4M $1 View 990
2015 $340K $0 $2.2M $1 View 990
2014 $366K $650 $1.9M $1 View 990
2013 $2K $75 $1.5M $1 View 990
2012 $362K $51K $1.6M $1 View 990
2011 $367K $51K $1.3M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $140K, expenses of $204K, and assets of $2.4M (revenue +610.4% year-over-year).
  • 2022: Revenue of $20K, expenses of $132K, and assets of $2.2M (revenue -94.1% year-over-year).
  • 2021: Revenue of $332K, expenses of $171K, and assets of $2.4M (revenue +1304.1% year-over-year).
  • 2020: Revenue of $24K, expenses of $114K, and assets of $2.2M (revenue -88.0% year-over-year).
  • 2019: Revenue of $198K, expenses of $55K, and assets of $2.4M (revenue -41.8% year-over-year).
  • 2015: Revenue of $340K, expenses of $0, and assets of $2.2M (revenue -7.2% year-over-year).
  • 2014: Revenue of $366K, expenses of $650, and assets of $1.9M (revenue +15797.4% year-over-year).
  • 2013: Revenue of $2K, expenses of $75, and assets of $1.5M (revenue -99.4% year-over-year).
  • 2012: Revenue of $362K, expenses of $51K, and assets of $1.6M (revenue -1.1% year-over-year).
  • 2011: Revenue of $367K, expenses of $51K, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Zichron Avigdor Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Zichron Avigdor Foundation 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.

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