Quick charity verification for Day Spring Woods Inc (EIN: 201348361)
Verdict: Day Spring Woods Inc shows mixed signals
45/100Mission Score
$73KRevenue
$568KAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant operating deficits, with expenses far exceeding revenue in every reported period.
Steady decline in total assets over the past decade, from $960,395 in 2015 to $568,151 in 2024.
General increase in liabilities, indicating potential reliance on debt or deferred obligations.
Low revenue generation relative to operational expenses, raising concerns about long-term financial viability.
Strengths
Consistent filing of IRS Form 990s, demonstrating regulatory transparency.
No reported officer compensation, suggesting efficient use of funds at the executive level or a volunteer-led structure.
Spending Breakdown
How Day Spring Woods Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Day Spring Woods Inc
Is Day Spring Woods Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Day Spring Woods Inc (EIN: 201348361) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Day Spring Woods Inc a good charity to donate to?
Day Spring Woods Inc has a Mission Score of 45/100. Revenue: $73K. Assets: $568K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Day Spring Woods Inc?
The Employer Identification Number (EIN) for Day Spring Woods Inc is 201348361. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Day Spring Woods Inc spend its money?
Day Spring Woods Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Day Spring Woods Inc's tax-exempt status?
You can verify Day Spring Woods Inc's tax-exempt status using EIN 201348361 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Day Spring Woods Inc. appears to be facing significant financial challenges, consistently operating at a deficit over the past decade. In the most recent filing (202406), the organization reported revenue of $73,195 against expenses of $111,902, resulting in a net loss of $38,707. This trend of expenses far exceeding revenue is consistent across all reported periods, indicating a reliance on existing assets or other non-revenue funding sources to cover operational costs. The organization's assets have steadily declined from $960,395 in 2015 to $568,151 in 2024, while liabilities have generally increased, suggesting a deteriorating financial position.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent and substantial operating deficits raise concerns about the long-term sustainability of its current operational model. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. The organization's consistent filing of IRS Form 990s demonstrates a commitment to regulatory transparency, but the financial health itself warrants closer scrutiny.