Significant discrepancy between provided 'Latest Revenue/Assets' and detailed filing data, requiring clarification.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes efficiency analysis difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Strong revenue growth and asset accumulation in recent years (2022-2023 filings).
Healthy financial surpluses in recent periods (e.g., $104,602 in 2023, $141,437 in 2022).
Low or no liabilities in most filing periods, demonstrating sound financial management.
Spending Breakdown
How Dyersville Events Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Dyersville Events Inc
Is Dyersville Events Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dyersville Events Inc (EIN: 208951395) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Dyersville Events Inc a good charity to donate to?
Dyersville Events Inc has a Mission Score of 85/100. Revenue: $25.7M. Assets: $28.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dyersville Events Inc?
The Employer Identification Number (EIN) for Dyersville Events Inc is 208951395. 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 Dyersville Events Inc spend its money?
Dyersville Events Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dyersville Events Inc's tax-exempt status?
You can verify Dyersville Events Inc's tax-exempt status using EIN 208951395 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
Dyersville Events Inc. demonstrates a fluctuating financial history, with recent years showing significant growth in revenue and assets, particularly in 2022 and 2023. The organization reported revenue of $175,347 and expenses of $70,745 in 2023, resulting in a surplus. This follows a strong 2022 with $622,449 in revenue against $481,012 in expenses. The organization's assets have also grown substantially, reaching $366,384 in 2023 from $55,250 in 2021, indicating effective asset management and accumulation. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of efficiency and dedication to mission over personal gain.
However, the provided 'Latest Revenue' of $25,735,111 and 'Assets' of $28,713,938 are significantly higher than the figures reported in the detailed filing history. This discrepancy requires clarification to fully assess the organization's current financial scale and health. Assuming the latest filing data (202312) is the most accurate for detailed analysis, the organization appears to be financially stable with a healthy surplus and growing asset base. The absence of liabilities in several prior years and a manageable liability of $64,395 in 2023 also points to sound financial management.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent surpluses in recent years (e.g., $104,602 in 2023 and $141,437 in 2022) suggest that the organization is managing its expenses well relative to its income. The lack of reported officer compensation enhances transparency and indicates that resources are likely being directed towards the organization's activities rather than high executive salaries.