Quick charity verification for Delaware Health Net Inc (EIN: 201336340)
Verdict: Delaware Health Net Inc appears trustworthy
85/100Mission Score
$892KRevenue
$412KAssets
1Red Flags
4Strengths
Red Flags
Operating deficit in the latest filing period (202208)
Strengths
No reported officer compensation across all filings
Consistent IRS 990 filing history (12 filings)
Generally stable and growing revenue over the past decade
Healthy asset base relative to liabilities
Spending Breakdown
How Delaware Health Net Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Delaware Health Net Inc
Is Delaware Health Net Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Health Net Inc (EIN: 201336340) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Delaware Health Net Inc a good charity to donate to?
Delaware Health Net Inc has a Mission Score of 85/100. Revenue: $892K. Assets: $412K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Delaware Health Net Inc?
The Employer Identification Number (EIN) for Delaware Health Net Inc is 201336340. 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 Delaware Health Net Inc spend its money?
Delaware Health Net Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Delaware Health Net Inc's tax-exempt status?
You can verify Delaware Health Net Inc's tax-exempt status using EIN 201336340 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
Delaware Health Net Inc. demonstrates consistent operational activity with annual revenues generally ranging between $800,000 and $900,000 in recent years, peaking at $928,729 in 2021. The organization's financial health appears stable, though it experienced a deficit in 2022, with expenses of $914,410 exceeding revenue of $837,871. This follows a strong surplus in 2021 where revenue significantly outpaced expenses. Assets have fluctuated but remained robust, with $412,127 currently and a high of $652,784 in 2021, indicating a reasonable financial cushion. The organization's consistent filing of IRS Form 990s over 12 periods suggests a commitment to transparency.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of reported officer compensation across all available filings is a notable positive indicator, suggesting that resources are not being diverted to high executive salaries. The organization's ability to manage its liabilities, which have generally remained a manageable portion of its assets, further supports a picture of responsible financial stewardship.
Overall, Delaware Health Net Inc. appears to be a financially stable organization with a good track record of transparency through its consistent IRS filings. The lack of officer compensation is a significant strength, implying a strong focus on mission-related spending. While a detailed expense breakdown would provide more granular insight into spending efficiency, the available data points to a well-managed nonprofit.