American Friends of Meir Panim

Nonprofit profile at a glance

EIN: 201582478
IRS 990 coverage: 2009–2024
Forms available: Form 990 2024, Form 990-T 2024
Location: Brooklyn, NY, USA
Phone: 7184379100
Rating: 74
Verdict: SUPPORTED
Rating confidence: Standard

Official website

Reported finances

Revenue: $21,548,440
Expenses: $11,038,685
Assets: $15,340,287
Liabilities: $4,394,893

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

DAVID ROTH (PRESIDENT/DIRECTOR)

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: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

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.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

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: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Pass
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
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; 19th 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 48; 48th 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; 80th percentile among comparable filings
Revenue growth: 12.5% per year; rating input score 100; 82nd percentile among comparable filings
Asset growth: 26.6% per year; rating input score 100; 95th 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 filing years 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
Review — Sustainability: Officer compensation ratio scored 57/100.