Quick charity verification for Dayton Literary Peace Prize Foundation (EIN: 202905129)
Verdict: Dayton Literary Peace Prize Foundation appears trustworthy
92/100Mission Score
$460KRevenue
$311KAssets
1Red Flags
5Strengths
Red Flags
Expenses slightly exceeded revenue in the 2023 period ($456,320 vs. $423,291), leading to a minor deficit for that year.
Strengths
Consistent 0% officer compensation across all filings, indicating strong volunteer leadership and efficient resource allocation.
Significant growth in revenue and assets over the past decade, demonstrating increasing capacity and financial health.
Strong program focus, with an estimated 85% of spending directed towards its mission.
Excellent transparency with 13 consistent IRS 990 filings.
Low liabilities relative to assets, indicating good financial management.
Spending Breakdown
How Dayton Literary Peace Prize Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Dayton Literary Peace Prize Foundation
Is Dayton Literary Peace Prize Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dayton Literary Peace Prize Foundation (EIN: 202905129) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Dayton Literary Peace Prize Foundation a good charity to donate to?
Dayton Literary Peace Prize Foundation has a Mission Score of 92/100. Revenue: $460K. Assets: $311K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dayton Literary Peace Prize Foundation?
The Employer Identification Number (EIN) for Dayton Literary Peace Prize Foundation is 202905129. 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 Dayton Literary Peace Prize Foundation spend its money?
Dayton Literary Peace Prize Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dayton Literary Peace Prize Foundation's tax-exempt status?
You can verify Dayton Literary Peace Prize Foundation's tax-exempt status using EIN 202905129 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
The Dayton Literary Peace Prize Foundation demonstrates a generally stable financial position, with assets of $310,787 against latest revenue of $460,125. Over the past few years, the organization has shown growth in both revenue and expenses, indicating an expansion of its activities. For instance, revenue increased from $235,837 in 2021 to $423,291 in 2023. While the 2023 period saw expenses ($456,320) slightly exceed revenue ($423,291), this appears to be an isolated instance in recent years, as 2022 showed revenue ($300,913) exceeding expenses ($274,926).
The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. The foundation's liabilities have remained relatively low compared to its assets, with the highest recent liability being $36,222 in 2023, which is manageable against assets of $329,828 in the same period. This financial prudence, combined with a clear mission, indicates a well-managed nonprofit.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the detailed breakdown of financial figures. The absence of officer compensation is a significant positive indicator of resource allocation and commitment to the mission. The growth in assets from $6,150 in 2015 to $329,828 in 2023 further underscores a healthy financial trajectory and capacity to sustain its programs.