Dakota Medical Foundation
EIN: 456012318 · Fargo, ND · NTEE: E120
| Metric | Value |
|---|---|
| Total Revenue | $10.5M |
| Total Expenses | $4.9M |
| Net Assets | $43.4M |
Is Dakota Medical Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dakota Medical Foundation
Dakota Medical Foundation (EIN: 456012318) is a nonprofit organization based in Fargo, ND, classified under NTEE code E120. The organization reported total revenue of $10.5M and total assets of $63.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dakota Medical Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dakota Medical Foundation is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $4.9M |
| Surplus / Deficit | +$332K |
| Total Assets | $52.3M |
| Total Liabilities | $9.0M |
| Net Assets | $43.4M |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 127.6 months |
Financial Health Grade: A
In 2023, Dakota Medical Foundation reported a surplus of $332K with revenue exceeding expenses, holds 127.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.6% | +22.4% | +0.5% |
| 2022 | +166.8% | -20.4% | +20.5% |
| 2021 | +13.1% | +2.5% | +37.5% |
| 2020 | -28.7% | +5.4% | +0.1% |
| 2019 | +88.8% | +6.8% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dakota Medical 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 Dakota Medical 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 surplus of $332K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.1%.
Frequently Asked Questions about Dakota Medical Foundation
Is Dakota Medical Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dakota Medical Foundation (EIN: 456012318) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dakota Medical Foundation spend its money?
Detailed spending breakdown data is not yet available for Dakota Medical Foundation. Check back for updated IRS 990 analysis.
Are donations to Dakota Medical Foundation tax-deductible?
Dakota Medical Foundation is registered as a tax-exempt nonprofit (EIN: 456012318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dakota Medical Foundation located?
Dakota Medical Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 456012318. It is classified under NTEE code E120.
How many years of IRS 990 filings does Dakota Medical Foundation have?
Dakota Medical 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 $10.5M in total revenue.
Filing History
IRS 990 filing history for Dakota Medical Foundation showing financial trends over 13 years of public records:
Total assets increased by 135.4% over the same period, from $22.2M to $52.3M. Total functional expenses rose by 106%, from $2.4M to $4.9M. In its most recent filing year (2023), Dakota Medical Foundation reported a surplus of $332K, with revenue exceeding expenses. The organization holds $9.0M in liabilities against $52.3M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $43.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $4.9M | $52.3M | $9.0M | — | — |
| 2022 | $15.3M | $4.0M | $52.1M | $9.7M | — | — |
| 2021 | $5.7M | $5.0M | $43.2M | $10.7M | — | View 990 |
| 2020 | $5.1M | $4.9M | $31.4M | $2.8M | — | — |
| 2019 | $7.1M | $4.7M | $31.4M | $2.6M | — | View 990 |
| 2018 | $3.8M | $4.4M | $28.9M | $2.7M | — | View 990 |
| 2017 | $3.3M | $3.5M | $29.2M | $3.2M | — | View 990 |
| 2016 | $2.5M | $3.6M | $28.8M | $3.4M | — | View 990 |
| 2015 | $8.1M | $3.3M | $29.5M | $3.4M | — | View 990 |
| 2014 | $2.4M | $3.4M | $24.6M | $3.7M | — | View 990 |
| 2013 | $1.6M | $2.8M | $25.4M | $4.3M | — | View 990 |
| 2012 | $1.3M | $2.5M | $23.4M | $2.1M | — | View 990 |
| 2011 | $-2,162,129 | $2.4M | $22.2M | $491K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $4.9M, and assets of $52.3M (revenue -65.6% year-over-year).
- 2022: Revenue of $15.3M, expenses of $4.0M, and assets of $52.1M (revenue +166.8% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.0M, and assets of $43.2M (revenue +13.1% year-over-year).
- 2020: Revenue of $5.1M, expenses of $4.9M, and assets of $31.4M (revenue -28.7% year-over-year).
- 2019: Revenue of $7.1M, expenses of $4.7M, and assets of $31.4M (revenue +88.8% year-over-year).
- 2018: Revenue of $3.8M, expenses of $4.4M, and assets of $28.9M (revenue +14.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.5M, and assets of $29.2M (revenue +32.9% year-over-year).
- 2016: Revenue of $2.5M, expenses of $3.6M, and assets of $28.8M (revenue -69.5% year-over-year).
- 2015: Revenue of $8.1M, expenses of $3.3M, and assets of $29.5M (revenue +234.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $3.4M, and assets of $24.6M (revenue +47.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2.8M, and assets of $25.4M (revenue +28.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $2.5M, and assets of $23.4M.
- 2011: Revenue of $-2,162,129, expenses of $2.4M, and assets of $22.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dakota Medical Foundation:
Data Sources and Methodology
This transparency report for Dakota Medical 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.