Is Destiny Community Development Corporation Legit?
Quick charity verification for Destiny Community Development Corporation (EIN: 200203845)
Verdict: Destiny Community Development Corporation appears trustworthy
75/100Mission Score
$1.5MRevenue
$1.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent operating deficits in multiple years (e.g., 202312, 201712, 201612) without clear explanation of how these are covered long-term.
Lack of detailed functional expense breakdown prevents precise assessment of program vs. administrative spending.
Strengths
Consistent reporting of 0% officer compensation, indicating a strong potential for program-focused spending or volunteer leadership.
Stable asset base consistently over $1 million, demonstrating financial resilience despite operational fluctuations.
Decreasing trend in liabilities over the past decade, improving the organization's financial leverage.
Long filing history (13 filings) indicates consistent compliance and operational longevity.
Spending Breakdown
How Destiny Community Development Corporation 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 Destiny Community Development Corporation
Is Destiny Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Destiny Community Development Corporation (EIN: 200203845) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Destiny Community Development Corporation a good charity to donate to?
Destiny Community Development Corporation has a Mission Score of 75/100. Revenue: $1.5M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Destiny Community Development Corporation?
The Employer Identification Number (EIN) for Destiny Community Development Corporation is 200203845. 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 Destiny Community Development Corporation spend its money?
Destiny Community Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Destiny Community Development Corporation's tax-exempt status?
You can verify Destiny Community Development Corporation's tax-exempt status using EIN 200203845 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
Destiny Community Development Corporation demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the latest filing (202312), the organization reported revenues of $602,730 against expenses of $629,888, indicating a slight operating deficit for the year. This trend of expenses closely matching or slightly exceeding revenues has been observed in several past periods, such as 201712, 201612, 201512, and 201412. Despite these occasional deficits, the organization has maintained a stable asset base, with assets consistently over $1 million, reaching $1,075,893 in 202312. Liabilities have also been substantial, though showing a slight downward trend from a peak of $1,123,526 in 201412 to $824,337 in 202312.
The organization's spending efficiency appears to be focused on its programs, as indicated by the absence of reported officer compensation across all available filings. This suggests that a significant portion of funds is likely directed towards programmatic activities rather than executive salaries. However, without a detailed functional expense breakdown, it's challenging to precisely determine the exact percentages allocated to programs, administration, and fundraising. The consistent reporting of zero officer compensation across all 13 filings is a strong indicator of transparency regarding executive pay, or a structure where executive roles are unpaid.
Overall, Destiny Community Development Corporation appears to be a financially stable organization with a consistent operational scale. Its ability to maintain assets above $1 million despite fluctuating annual surpluses/deficits suggests sound financial management. The lack of reported officer compensation is a notable aspect of its financial structure, potentially indicating a high degree of program focus or a volunteer-led executive team. Further analysis of detailed functional expenses would provide a more complete picture of spending efficiency.