Is Dockery Farms Foundation Legit? —…

Spending Breakdown

How Dockery Farms Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Dockery Farms Foundation

Is Dockery Farms Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Dockery Farms Foundation (EIN: 202057811) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Dockery Farms Foundation a good charity to donate to?

Dockery Farms Foundation has a Mission Score of 85/100. Revenue: $31K. Assets: $357K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Dockery Farms Foundation?

The Employer Identification Number (EIN) for Dockery Farms Foundation is 202057811. 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 Dockery Farms Foundation spend its money?

Dockery Farms Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Dockery Farms Foundation's tax-exempt status?

You can verify Dockery Farms Foundation's tax-exempt status using EIN 202057811 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

Dockery Farms Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202312), the organization reported expenses of $72,791 against revenue of $73,352, indicating a balanced operational year. Over the past five years, the organization has generally operated with expenses close to or exceeding revenue, such as in 202212 where expenses were $61,676 against $31,011 in revenue, suggesting reliance on prior period assets or specific grants. The foundation's assets have seen a gradual decline from $619,268 in 201412 to $397,270 in 202312, which warrants attention regarding long-term financial sustainability. However, the consistent reporting of 0% officer compensation across all filings indicates a strong dedication to directing funds towards the mission rather than executive salaries, enhancing its transparency and efficiency profile.

The organization's financial health appears stable in the short term, with liabilities remaining relatively consistent around $49,000 in recent years. The NTEE code A802 suggests a focus on historical preservation, which often involves significant project-based spending. The absence of officer compensation is a significant positive indicator of financial stewardship. While the declining asset base over the long term is a concern, the recent period (202312) shows a slight increase in assets from the previous year, which could signal a stabilization or reversal of this trend. Overall, the foundation exhibits good transparency through its consistent filings and efficient use of funds by minimizing administrative overhead related to executive pay.

Spending efficiency is high due to the lack of executive compensation, allowing a greater proportion of funds to be allocated to programs and operations. The organization's transparency is excellent, with all required filings submitted and clear financial reporting. The consistent liabilities suggest stable operational commitments. While revenue has fluctuated, the organization has managed to maintain its operations, indicating a resilient financial model, albeit one that has drawn down on assets over the past decade. The recent positive net income in 202312 is a good sign for future financial stability.

Is Dockery Farms Foundation Legit?

Verdict: Dockery Farms Foundation appears trustworthy

Red Flags

Strengths