D3 Foundation
D3 Foundation shows highly inconsistent revenue and frequent net losses, with zero reported officer compensation.
EIN: 200528919 · Houston, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $194K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $855K |
| Transparency Score | 55/100 |
Is D3 Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
D3 Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About D3 Foundation
D3 Foundation (EIN: 200528919) is a nonprofit organization based in Houston, TX, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D3 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
D3 Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $194K |
| Surplus / Deficit | $-154,675 |
| Total Assets | $855K |
| Total Liabilities | $1 |
| Net Assets | $855K |
| Operating Margin | -398.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.0 months |
Financial Health Grade: B
In 2023, D3 Foundation reported a deficit of $155K with expenses exceeding revenue, holds 53.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), D3 Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -96.4% | -44.1% | -15.3% |
| 2022 | +1603.2% | +172.8% | +272.0% |
| 2021 | -30.8% | -11.9% | -18.9% |
| 2020 | +125.5% | -41.5% | -13.4% |
| 2019 | -87.0% | +260.0% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 D3 Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, D3 Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $155K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all 13 filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is highly unusual for an organization with over $1 million in assets.
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 D3 Foundation's IRS 990 filings:
- Highly volatile revenue streams, making financial planning difficult (e.g., $38,860 revenue in 2023 vs. $1,084,442 in 2022).
- Frequent periods of significant net losses where expenses substantially exceed revenue (e.g., 2023: $193,535 expenses vs. $38,860 revenue).
- Consistent reporting of $0 officer compensation, which is unusual for an organization with over $1 million in assets and could indicate undisclosed compensation methods or an unsustainable reliance on unpaid leadership.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to assess spending efficiency.
Strengths
The following positive indicators were identified for D3 Foundation:
- Consistently low liabilities ($0 or $1) across all filings, indicating a healthy balance sheet in terms of debt.
- Long history of IRS 990 filings (13 years), suggesting a commitment to transparency in reporting.
- Zero reported officer compensation could indicate a strong commitment to minimizing executive overhead.
Frequently Asked Questions about D3 Foundation
Is D3 Foundation a legitimate charity?
D3 Foundation (EIN: 200528919) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does D3 Foundation spend its money?
D3 Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to D3 Foundation tax-deductible?
D3 Foundation is registered as a tax-exempt nonprofit (EIN: 200528919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the D3 Foundation CEO make?
D3 Foundation's highest-compensated officer earns $0 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of D3 Foundation's spending goes to programs?
D3 Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does D3 Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), D3 Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is D3 Foundation located?
D3 Foundation is headquartered in Houston, Texas and files with the IRS under EIN 200528919. It is classified under NTEE code T20.
How many years of IRS 990 filings does D3 Foundation have?
D3 Foundation has 13 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 $1.2M in total revenue.
Is D3 Foundation a good charity?
D3 Foundation's financial health is highly volatile, with significant revenue fluctuations and frequent periods where expenses exceed revenue. While it reports $0 in officer compensation, which can be seen as a positive for minimizing overhead, the lack of consistent financial stability and detailed spending breakdowns makes it difficult to definitively label it as a 'good' charity without further information on program impact and operational efficiency.
Why is there $0 officer compensation reported for D3 Foundation?
The consistent reporting of $0 officer compensation across all 13 filings suggests that the organization's officers are either volunteers, compensated through other means not classified as officer compensation on the 990, or the organization operates with a very lean, unpaid leadership structure. This is an unusual practice for an organization of its size and asset base.
How does D3 Foundation manage its finances with such volatile revenue?
The extreme volatility in revenue, from $38,860 in 2023 to $1,084,442 in 2022, indicates a reliance on unpredictable funding sources, possibly large, infrequent grants or donations. This makes financial planning challenging and could lead to periods of significant net losses, as seen in multiple years where expenses far exceeded revenue.
Filing History
IRS 990 filing history for D3 Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), D3 Foundation's revenue has declined by 15.8%, moving from $46K to $39K. Total assets decreased by 10.1% over the same period, from $950K to $855K. Total functional expenses rose by 20.7%, from $160K to $194K. In its most recent filing year (2023), D3 Foundation reported a deficit of $155K, with expenses exceeding revenue. The organization holds $1 in liabilities against $855K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $855K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $194K | $855K | $1 | — | View 990 |
| 2022 | $1.1M | $346K | $1.0M | $1 | — | View 990 |
| 2021 | $64K | $127K | $271K | $1 | — | View 990 |
| 2020 | $92K | $144K | $335K | $1 | — | View 990 |
| 2019 | $41K | $246K | $387K | $1 | — | — |
| 2018 | $315K | $68K | $592K | $0 | — | — |
| 2017 | $430K | $201K | $459K | $0 | — | View 990 |
| 2016 | $98K | $212K | $231K | $0 | — | View 990 |
| 2015 | $69K | $259K | $345K | $0 | — | View 990 |
| 2014 | $73K | $152K | $535K | $0 | — | View 990 |
| 2013 | $142K | $321K | $614K | $0 | — | View 990 |
| 2012 | $45K | $203K | $792K | $0 | — | View 990 |
| 2011 | $46K | $160K | $950K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $194K, and assets of $855K (revenue -96.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $346K, and assets of $1.0M (revenue +1603.2% year-over-year).
- 2021: Revenue of $64K, expenses of $127K, and assets of $271K (revenue -30.8% year-over-year).
- 2020: Revenue of $92K, expenses of $144K, and assets of $335K (revenue +125.5% year-over-year).
- 2019: Revenue of $41K, expenses of $246K, and assets of $387K (revenue -87.0% year-over-year).
- 2018: Revenue of $315K, expenses of $68K, and assets of $592K (revenue -26.7% year-over-year).
- 2017: Revenue of $430K, expenses of $201K, and assets of $459K (revenue +338.2% year-over-year).
- 2016: Revenue of $98K, expenses of $212K, and assets of $231K (revenue +43.1% year-over-year).
- 2015: Revenue of $69K, expenses of $259K, and assets of $345K (revenue -6.4% year-over-year).
- 2014: Revenue of $73K, expenses of $152K, and assets of $535K (revenue -48.3% year-over-year).
- 2013: Revenue of $142K, expenses of $321K, and assets of $614K (revenue +213.9% year-over-year).
- 2012: Revenue of $45K, expenses of $203K, and assets of $792K (revenue -2.2% year-over-year).
- 2011: Revenue of $46K, expenses of $160K, and assets of $950K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for D3 Foundation:
Data Sources and Methodology
This transparency report for D3 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.