Quick charity verification for Dreman Foundation Inc (EIN: 222764782)
Verdict: Dreman Foundation Inc shows mixed signals
45/100Mission Score
$4.5MRevenue
$6.1MAssets
3Red Flags
2Strengths
Red Flags
Zero program service expenses reported across all years, raising questions about direct charitable activities.
Consistent net asset decline from $4,646,624 in 2019 to $3,924,722 in 2023.
Administrative expenses consistently represent 100% of total expenses, with no allocation to programs or fundraising.
Strengths
Maintains a substantial asset base, with $3,924,722 in 2023, providing potential for future grant-making.
Reports 0% compensation, indicating an all-volunteer model which can minimize overhead if effectively managed.
AI Transparency Report
Dreman Foundation Inc is a unknown nonprofit based in Palm Beach, Florida, with reported revenue of $4.5M and assets of $6.1M. Our AI analysis assigns a Mission Score of 45/100 (Fair). Executive compensation is reported as $0 across all available filings, indicating an all-volunteer leadership structure. Revenue has grown +49% across 10 filing periods.