D L Dykes Jr Foundation
EIN: 721085968 · Jackson, MS · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $489K |
| Net Assets | $6.4M |
Is D L Dykes Jr Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About D L Dykes Jr Foundation
D L Dykes Jr Foundation (EIN: 721085968) is a nonprofit organization based in Jackson, MS, classified under NTEE code X20. The organization reported total revenue of $2.1M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D L Dykes Jr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
D L Dykes Jr Foundation is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $489K |
| Surplus / Deficit | $-96,077 |
| Total Assets | $6.4M |
| Total Liabilities | $491 |
| Net Assets | $6.4M |
| Operating Margin | -24.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 157.6 months |
Financial Health Grade: B
In 2023, D L Dykes Jr Foundation reported a deficit of $96K with expenses exceeding revenue, holds 157.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), D L Dykes Jr Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.8% | +33.2% | +8.0% |
| 2022 | +156.4% | +9.6% | -7.4% |
| 2021 | +166.1% | +4.1% | +10.4% |
| 2020 | -27.4% | -13.6% | +4.4% |
| 2019 | +5.1% | +14.3% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for D L Dykes Jr Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates D L Dykes Jr Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about D L Dykes Jr Foundation
Is D L Dykes Jr Foundation a legitimate charity?
D L Dykes Jr Foundation (EIN: 721085968) is a registered tax-exempt nonprofit based in Mississippi. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: B.
How does D L Dykes Jr Foundation spend its money?
D L Dykes Jr Foundation reported $2.1M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to D L Dykes Jr Foundation tax-deductible?
D L Dykes Jr Foundation is registered as a tax-exempt nonprofit (EIN: 721085968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is D L Dykes Jr Foundation located?
D L Dykes Jr Foundation is headquartered in Jackson, Mississippi and files with the IRS under EIN 721085968. It is classified under NTEE code X20.
How many years of IRS 990 filings does D L Dykes Jr Foundation have?
D L Dykes Jr 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for D L Dykes Jr Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), D L Dykes Jr Foundation's revenue has declined by 54.3%, moving from $860K to $393K. Total assets increased by 34.4% over the same period, from $4.8M to $6.4M. Total functional expenses rose by 19%, from $411K to $489K. In its most recent filing year (2023), D L Dykes Jr Foundation reported a deficit of $96K, with expenses exceeding revenue. The organization holds $491 in liabilities against $6.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $489K | $6.4M | $491 | — | View 990 |
| 2022 | $1.1M | $367K | $5.9M | $485 | — | View 990 |
| 2021 | $435K | $335K | $6.4M | $446 | — | View 990 |
| 2020 | $164K | $322K | $5.8M | $444 | — | — |
| 2019 | $225K | $372K | $5.6M | $3K | — | View 990 |
| 2015 | $214K | $326K | $4.8M | $5K | — | View 990 |
| 2014 | $271K | $415K | $5.3M | $14K | — | View 990 |
| 2013 | $83K | $450K | $5.2M | $12K | — | View 990 |
| 2012 | $415K | $406K | $5.1M | $427 | — | View 990 |
| 2011 | $860K | $411K | $4.8M | $396 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $489K, and assets of $6.4M (revenue -64.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $367K, and assets of $5.9M (revenue +156.4% year-over-year).
- 2021: Revenue of $435K, expenses of $335K, and assets of $6.4M (revenue +166.1% year-over-year).
- 2020: Revenue of $164K, expenses of $322K, and assets of $5.8M (revenue -27.4% year-over-year).
- 2019: Revenue of $225K, expenses of $372K, and assets of $5.6M (revenue +5.1% year-over-year).
- 2015: Revenue of $214K, expenses of $326K, and assets of $4.8M (revenue -21.1% year-over-year).
- 2014: Revenue of $271K, expenses of $415K, and assets of $5.3M (revenue +227.3% year-over-year).
- 2013: Revenue of $83K, expenses of $450K, and assets of $5.2M (revenue -80.0% year-over-year).
- 2012: Revenue of $415K, expenses of $406K, and assets of $5.1M (revenue -51.7% year-over-year).
- 2011: Revenue of $860K, expenses of $411K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for D L Dykes Jr Foundation:
Data Sources and Methodology
This transparency report for D L Dykes Jr 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.