C Michael Davenport Chapelcharities Foundation
C Michael Davenport Chapelcharities Foundation shows volatile revenue and declining assets in recent years.
EIN: 205729783 · Frankfort, KY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $285K |
| Total Expenses | $94K |
| Program Spending | 75% |
| Net Assets | $1.3M |
| Transparency Score | 65/100 |
Is C Michael Davenport Chapelcharities Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C Michael Davenport Chapelcharities Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C Michael Davenport Chapelcharities Foundation
C Michael Davenport Chapelcharities Foundation (EIN: 205729783) is a nonprofit organization based in Frankfort, KY, classified under NTEE code T20. The organization reported total revenue of $285K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C Michael Davenport Chapelcharities Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C Michael Davenport Chapelcharities Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -434.7% | -58.2% | -9.7% |
| 2022 | +94.4% | +19.0% | -5.0% |
| 2021 | -99.3% | +136.6% | -10.5% |
| 2020 | +9935.2% | +118.8% | +115.2% |
| 2019 | -92.3% | -73.8% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C Michael Davenport Chapelcharities Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, C Michael Davenport Chapelcharities Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officer salaries are paid, which is a positive sign for donor funds being directed elsewhere.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of C Michael Davenport Chapelcharities Foundation's IRS 990 filings:
- Negative revenue reported in 2023 ($-48,139), indicating potential financial distress or significant adjustments.
- Significant decline in total assets from $1,723,654 in 2020 to $1,323,922 in 2023.
- Highly inconsistent revenue generation year-over-year, making financial planning and stability uncertain.
- Expenses ($93,689) significantly exceeded revenue ($-48,139) in 2023, leading to a net loss.
Strengths
The following positive indicators were identified for C Michael Davenport Chapelcharities Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds in this area.
- Maintains very low liabilities ($1 across all periods), suggesting a healthy debt-free status.
- Experienced a period of very high revenue in 2020 ($1,003,518), demonstrating capacity for significant fundraising or grants.
Frequently Asked Questions about C Michael Davenport Chapelcharities Foundation
Is C Michael Davenport Chapelcharities Foundation a legitimate charity?
C Michael Davenport Chapelcharities Foundation (EIN: 205729783) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $285K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does C Michael Davenport Chapelcharities Foundation spend its money?
C Michael Davenport Chapelcharities Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to C Michael Davenport Chapelcharities Foundation tax-deductible?
C Michael Davenport Chapelcharities Foundation is registered as a tax-exempt nonprofit (EIN: 205729783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of C Michael Davenport Chapelcharities Foundation's spending goes to programs?
C Michael Davenport Chapelcharities Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does C Michael Davenport Chapelcharities Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), C Michael Davenport Chapelcharities Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C Michael Davenport Chapelcharities Foundation located?
C Michael Davenport Chapelcharities Foundation is headquartered in Frankfort, Kentucky and files with the IRS under EIN 205729783. It is classified under NTEE code T20.
How many years of IRS 990 filings does C Michael Davenport Chapelcharities Foundation have?
C Michael Davenport Chapelcharities Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $285K in total revenue.
Why did the organization experience negative revenue of $-48,139 in 2023?
Negative revenue could indicate significant returns, refunds, or adjustments exceeding new income, which requires further detail from the full 990 filing to understand.
What caused the significant decline in assets from $1,723,654 in 2020 to $1,323,922 in 2023?
This decline could be due to investment losses, significant program expenditures, or asset sales, and would need to be clarified by reviewing the organization's financial statements.
What specific programs does the C Michael Davenport Chapelcharities Foundation fund?
The provided data does not detail specific programs; this information would be found in the full IRS Form 990, Part III, Statement of Program Service Accomplishments.
How does the organization manage its highly fluctuating revenue streams?
Managing such volatility typically involves maintaining reserves or having flexible spending plans, but the specific strategies are not detailed in the summary data.
Filing History
IRS 990 filing history for C Michael Davenport Chapelcharities Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), C Michael Davenport Chapelcharities Foundation's revenue has declined by 326.2%, moving from $21K to $-48,139. Total assets increased by 44.9% over the same period, from $914K to $1.3M. Total functional expenses rose by 184.5%, from $33K to $94K. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-48,139 | $94K | $1.3M | $1 | — | — |
| 2022 | $14K | $224K | $1.5M | $1 | — | — |
| 2021 | $7K | $188K | $1.5M | $1 | — | — |
| 2020 | $1.0M | $80K | $1.7M | $1 | — | — |
| 2019 | $10K | $36K | $801K | $1 | — | View 990 |
| 2015 | $130K | $139K | $904K | $1 | — | View 990 |
| 2014 | $72K | $134K | $913K | $1 | — | View 990 |
| 2013 | $214K | $155K | $975K | $1 | — | View 990 |
| 2012 | $27K | $24K | $916K | $1 | — | View 990 |
| 2011 | $21K | $33K | $914K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-48,139, expenses of $94K, and assets of $1.3M (revenue -434.7% year-over-year).
- 2022: Revenue of $14K, expenses of $224K, and assets of $1.5M (revenue +94.4% year-over-year).
- 2021: Revenue of $7K, expenses of $188K, and assets of $1.5M (revenue -99.3% year-over-year).
- 2020: Revenue of $1.0M, expenses of $80K, and assets of $1.7M (revenue +9935.2% year-over-year).
- 2019: Revenue of $10K, expenses of $36K, and assets of $801K (revenue -92.3% year-over-year).
- 2015: Revenue of $130K, expenses of $139K, and assets of $904K (revenue +81.1% year-over-year).
- 2014: Revenue of $72K, expenses of $134K, and assets of $913K (revenue -66.5% year-over-year).
- 2013: Revenue of $214K, expenses of $155K, and assets of $975K (revenue +705.9% year-over-year).
- 2012: Revenue of $27K, expenses of $24K, and assets of $916K (revenue +24.5% year-over-year).
- 2011: Revenue of $21K, expenses of $33K, and assets of $914K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C Michael Davenport Chapelcharities Foundation:
Data Sources and Methodology
This transparency report for C Michael Davenport Chapelcharities Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.