Is Deep Foundations Instituteeducational Trust Legit?
Quick charity verification for Deep Foundations Instituteeducational Trust (EIN: 204021399)
Verdict: Deep Foundations Instituteeducational Trust appears trustworthy
90/100Mission Score
$1.6MRevenue
$5.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $2.3M in 2014 to over $5M currently.
Very low expenses relative to revenue, indicating efficient operations.
No reported officer compensation across all filings, suggesting volunteer leadership or highly modest compensation.
Healthy financial reserves, with assets significantly exceeding liabilities (e.g., $5,097,573 assets vs. $9,929 liabilities in 2023).
Stable financial management over a long period (13 filings analyzed).
Spending Breakdown
How Deep Foundations Instituteeducational Trust 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 Deep Foundations Instituteeducational Trust
Is Deep Foundations Instituteeducational Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Deep Foundations Instituteeducational Trust (EIN: 204021399) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Deep Foundations Instituteeducational Trust a good charity to donate to?
Deep Foundations Instituteeducational Trust has a Mission Score of 90/100. Revenue: $1.6M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Deep Foundations Instituteeducational Trust?
The Employer Identification Number (EIN) for Deep Foundations Instituteeducational Trust is 204021399. 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 Deep Foundations Instituteeducational Trust spend its money?
Deep Foundations Instituteeducational Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Deep Foundations Instituteeducational Trust's tax-exempt status?
You can verify Deep Foundations Instituteeducational Trust's tax-exempt status using EIN 204021399 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 Deep Foundations Institute Educational Trust demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, growing from $2.3 million in 2014 to over $5 million currently, indicating sound financial management and accumulation of resources. Its revenue streams have fluctuated, with a notable peak of $790,815 in 2014 and a more recent average around $400,000-$500,000, but expenses have consistently been well below revenue, allowing for asset growth. The organization's spending efficiency appears high, with a significant portion of its expenditures likely directed towards program services, given the low overall expense figures relative to revenue and assets. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership or that compensation falls below reporting thresholds, which can be a positive indicator of resource allocation directly to mission-related activities. The organization's NTEE code B82 (Scholarships & Student Financial Aid) aligns with an educational trust, and the financial data supports a focus on accumulating and deploying resources for its stated purpose.