Friends of Zara's Center

Nonprofit profile at a glance

EIN
825109515
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Miami Beach, FL, USA
Phone
4438046752
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
International Development

Official website

Reported finances

Revenue
$161,257
Expenses
$170,768
Assets
$210,652
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • LESLEY GOLDWASSER (PRESIDENT)

People named in this filing

  • LESLEY GOLDWASSER (PRESIDENT)
  • FRED TERRELL (TREASURER)
  • BARRY PATTERSON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Friends of zara's center supports zara's center in bulawayo, zimbabwe. Zara's center is an after-school safe haven for AIDS orphans and vulnerable children. Friends of zara's center was set up to give american individuals and companies the opportunity to support the center's incredible work. By raising funds and spreading awareness, friends of zara's center helps ensure that zara's children continue to receive life-changing services each day.

What it reported doing in 2024

During 2024, the organization registered to solicit donations in thirteen states. The organization continued and expanded its fundraising efforts, and made charitable disbursements during the 2024 calendar year. Funds were sent to provide operating support for zara's centre trust in zimbabwe, as well as to fund expansion construction to service more children .

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -5.9%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 76.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 23.5% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 23.8% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $164K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Operating margin scored 21/100.