Zichron Chaim Meir Foundation
Zichron Chaim Meir Foundation shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 203925900 · Brooklyn, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $442K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $9.2M |
| Transparency Score | 85/100 |
Is Zichron Chaim Meir Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zichron Chaim Meir Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zichron Chaim Meir Foundation
Zichron Chaim Meir Foundation (EIN: 203925900) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T22. The organization reported total revenue of $2.2M and total assets of $13.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zichron Chaim Meir Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zichron Chaim Meir Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 36.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $442K |
| Surplus / Deficit | +$596K |
| Total Assets | $9.2M |
| Total Liabilities | $1 |
| Net Assets | $9.2M |
| Operating Margin | 57.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 249.9 months |
Financial Health Grade: A
In 2023, Zichron Chaim Meir Foundation reported a surplus of $596K with revenue exceeding expenses, holds 249.9 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 Chaim Meir Foundation's revenue has grown at a compound annual growth rate (CAGR) of 36.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.3% | +30.5% | +6.6% |
| 2022 | +31.6% | +36.8% | +21.0% |
| 2021 | +23.1% | +3.8% | +19.0% |
| 2020 | +119.5% | +71.8% | +17.7% |
| 2019 | -34.9% | +179.6% | +570.0% |
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 Zichron Chaim Meir Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Zichron Chaim Meir Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $596K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports $0 in officer compensation across all available filings, suggesting a volunteer-led executive team or compensation structured outside of typical officer salary reporting, which contributes to lower 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 Zichron Chaim Meir Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually consistent $1 reported for liabilities across all periods
Strengths
The following positive indicators were identified for Zichron Chaim Meir Foundation:
- Consistent and significant revenue growth over time
- Strong asset accumulation, indicating financial stability
- Very low reported liabilities ($1 across all filings)
- No reported officer compensation, suggesting efficient use of funds for leadership
- Consistent surplus of revenue over expenses in recent years
Frequently Asked Questions about Zichron Chaim Meir Foundation
Is Zichron Chaim Meir Foundation a legitimate charity?
Zichron Chaim Meir Foundation (EIN: 203925900) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Zichron Chaim Meir Foundation spend its money?
Zichron Chaim Meir Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Zichron Chaim Meir Foundation tax-deductible?
Zichron Chaim Meir Foundation is registered as a tax-exempt nonprofit (EIN: 203925900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Zichron Chaim Meir Foundation CEO make?
Zichron Chaim Meir Foundation's highest-compensated officer earns $0 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Zichron Chaim Meir Foundation's spending goes to programs?
Zichron Chaim Meir Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Zichron Chaim Meir Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Zichron Chaim Meir Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zichron Chaim Meir Foundation located?
Zichron Chaim Meir Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 203925900. It is classified under NTEE code T22.
How many years of IRS 990 filings does Zichron Chaim Meir Foundation have?
Zichron Chaim Meir 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 $2.2M in total revenue.
What are the specific programs Zichron Chaim Meir Foundation funds?
The provided NTEE code T22 (Jewish Federations & United Funds) suggests a focus on supporting Jewish community initiatives, but specific program details are not available in the provided financial data.
How does the organization manage to have $1 in liabilities consistently?
The consistent reporting of $1 in liabilities across all filings is unusual and could indicate a specific accounting practice or that the organization has virtually no debt or outstanding obligations.
What is the source of the significant revenue growth?
The data shows substantial revenue growth from $25,004 in 201110 to $1,037,678 in 202310, but the specific sources (e.g., donations, grants, investments) are not detailed in the provided summary.
Filing History
IRS 990 filing history for Zichron Chaim Meir Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Zichron Chaim Meir Foundation's revenue has grown by 4050%, moving from $25K to $1.0M. Total assets increased by 84907.9% over the same period, from $11K to $9.2M. Total functional expenses rose by 1960.5%, from $21K to $442K. In its most recent filing year (2023), Zichron Chaim Meir Foundation reported a surplus of $596K, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $442K | $9.2M | $1 | — | View 990 |
| 2022 | $1.9M | $339K | $8.6M | $1 | — | View 990 |
| 2021 | $1.4M | $248K | $7.1M | $1 | — | View 990 |
| 2020 | $1.1M | $238K | $6.0M | $1 | — | — |
| 2019 | $524K | $139K | $5.1M | $1 | — | View 990 |
| 2015 | $805K | $50K | $760K | $1 | — | View 990 |
| 2014 | $58K | $57K | $5K | $1 | — | View 990 |
| 2013 | $57K | $55K | $4K | $1 | — | View 990 |
| 2012 | $22K | $30K | $3K | $1 | — | View 990 |
| 2011 | $25K | $21K | $11K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $442K, and assets of $9.2M (revenue -44.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $339K, and assets of $8.6M (revenue +31.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $248K, and assets of $7.1M (revenue +23.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $238K, and assets of $6.0M (revenue +119.5% year-over-year).
- 2019: Revenue of $524K, expenses of $139K, and assets of $5.1M (revenue -34.9% year-over-year).
- 2015: Revenue of $805K, expenses of $50K, and assets of $760K (revenue +1300.0% year-over-year).
- 2014: Revenue of $58K, expenses of $57K, and assets of $5K (revenue +0.9% year-over-year).
- 2013: Revenue of $57K, expenses of $55K, and assets of $4K (revenue +165.1% year-over-year).
- 2012: Revenue of $22K, expenses of $30K, and assets of $3K (revenue -14.0% year-over-year).
- 2011: Revenue of $25K, expenses of $21K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zichron Chaim Meir Foundation:
Data Sources and Methodology
This transparency report for Zichron Chaim Meir 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.