Daft Fam Foundation Tr Ua121598
EIN: 586379765 · Chatham, NJ · NTEE: T122
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $269K |
| Net Assets | $1.6M |
Is Daft Fam Foundation Tr Ua121598 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daft Fam Foundation Tr Ua121598
Daft Fam Foundation Tr Ua121598 (EIN: 586379765) is a nonprofit organization based in Chatham, NJ, classified under NTEE code T122. The organization reported total revenue of $535K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daft Fam Foundation Tr Ua121598's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daft Fam Foundation Tr Ua121598 is a small 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 -20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $269K |
| Surplus / Deficit | $-230,593 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -605.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 70.7 months |
Financial Health Grade: B
In 2023, Daft Fam Foundation Tr Ua121598 reported a deficit of $231K with expenses exceeding revenue, holds 70.7 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), Daft Fam Foundation Tr Ua121598's revenue has declined at a compound annual growth rate (CAGR) of -20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.2% | +28.0% | -12.7% |
| 2022 | -40.3% | +15.1% | -4.1% |
| 2021 | +56.8% | +15.8% | +0.7% |
| 2020 | +63.2% | -19.7% | -2.6% |
| 2019 | +95.2% | -16.6% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Daft Fam Foundation Tr Ua121598 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 Daft Fam Foundation Tr Ua121598 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 $231K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Daft Fam Foundation Tr Ua121598
Is Daft Fam Foundation Tr Ua121598 a legitimate charity?
Daft Fam Foundation Tr Ua121598 (EIN: 586379765) is a registered tax-exempt nonprofit based in New Jersey. It has 10 years of IRS 990 filings on record. Total revenue: $535K. No red flags identified. Financial health grade: B.
How does Daft Fam Foundation Tr Ua121598 spend its money?
Daft Fam Foundation Tr Ua121598 reported $535K 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 Daft Fam Foundation Tr Ua121598 tax-deductible?
Daft Fam Foundation Tr Ua121598 is registered as a tax-exempt nonprofit (EIN: 586379765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daft Fam Foundation Tr Ua121598 located?
Daft Fam Foundation Tr Ua121598 is headquartered in Chatham, New Jersey and files with the IRS under EIN 586379765. It is classified under NTEE code T122.
How many years of IRS 990 filings does Daft Fam Foundation Tr Ua121598 have?
Daft Fam Foundation Tr Ua121598 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 $535K in total revenue.
Filing History
IRS 990 filing history for Daft Fam Foundation Tr Ua121598 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Daft Fam Foundation Tr Ua121598's revenue has declined by 93.5%, moving from $588K to $38K. Total assets decreased by 40.1% over the same period, from $2.6M to $1.6M. Total functional expenses fell by 26.1%, from $363K to $269K. In its most recent filing year (2023), Daft Fam Foundation Tr Ua121598 reported a deficit of $231K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $269K | $1.6M | $1 | — | View 990 |
| 2022 | $132K | $210K | $1.8M | $1 | — | View 990 |
| 2021 | $221K | $182K | $1.9M | $1 | — | — |
| 2020 | $141K | $158K | $1.9M | $1 | — | View 990 |
| 2019 | $87K | $196K | $1.9M | $1 | — | View 990 |
| 2015 | $44K | $235K | $2.1M | $0 | — | View 990 |
| 2014 | $300K | $289K | $2.3M | $0 | — | View 990 |
| 2013 | $262K | $251K | $2.3M | $0 | — | View 990 |
| 2012 | $124K | $326K | $2.4M | $0 | — | View 990 |
| 2011 | $588K | $363K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $269K, and assets of $1.6M (revenue -71.2% year-over-year).
- 2022: Revenue of $132K, expenses of $210K, and assets of $1.8M (revenue -40.3% year-over-year).
- 2021: Revenue of $221K, expenses of $182K, and assets of $1.9M (revenue +56.8% year-over-year).
- 2020: Revenue of $141K, expenses of $158K, and assets of $1.9M (revenue +63.2% year-over-year).
- 2019: Revenue of $87K, expenses of $196K, and assets of $1.9M (revenue +95.2% year-over-year).
- 2015: Revenue of $44K, expenses of $235K, and assets of $2.1M (revenue -85.2% year-over-year).
- 2014: Revenue of $300K, expenses of $289K, and assets of $2.3M (revenue +14.4% year-over-year).
- 2013: Revenue of $262K, expenses of $251K, and assets of $2.3M (revenue +111.9% year-over-year).
- 2012: Revenue of $124K, expenses of $326K, and assets of $2.4M (revenue -78.9% year-over-year).
- 2011: Revenue of $588K, expenses of $363K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daft Fam Foundation Tr Ua121598:
Data Sources and Methodology
This transparency report for Daft Fam Foundation Tr Ua121598 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.