American Friends of Meir Panim
Overview
Mission
The organization's mission is to alleviate and diminish the harmful effects of poverty on thousands of families by supporting a range of food and social service programs aimed at helping the needy with dignity and respect, including free hot meals in a restaurant environment, meals-on-wheels, school lunch programs, pre-paid food card distribution, vocational training and after-school youth clubs.
What it reported doing in 2024
Funds were used to support organizations that provide free hot meals for needy people.(these activities are as described in paragraph 3 of the charters of the organization.)
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 201582478
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Brooklyn, NY, USA
- Phone
- 7184379100
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Standard
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 71
- Accountability: 92
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.4%; rating input score 47
- Program expense ratio: 90%; rating input score 90
- Fundraising efficiency: $39.5 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 18th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 48.8%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.39; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 26.6% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 47.4% of revenue deployed · 90% of spending went to programs
- Governance: 6 of 7 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.9M in reported program spending
- Leadership: top reported pay $181K · 6 people listed · 2 of 6 pay-setting controls reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
6 people listed
Highest reported compensation
- DAVID ROTH (PRESIDENT/DIRECTOR): $180,688 total reported compensation
- CHAIM BUCHINGER (TREASURER/SECRETARY): $179,257 total reported compensation
- DANIELLA R RUBIN (PROJECT DIRECTOR): $116,673 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.