Dakota Properties Inc
Dakota Properties Inc. consistently generates revenue surpluses with no reported officer compensation, but assets have declined over recent years.
EIN: 208591478 · Westampton, NJ · NTEE: F11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 75/100 |
Is Dakota Properties Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dakota Properties Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dakota Properties Inc
Dakota Properties Inc (EIN: 208591478) is a nonprofit organization based in Westampton, NJ, classified under NTEE code F11. The organization reported total revenue of $2.3M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dakota Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dakota Properties Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 75.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$385K |
| Total Assets | $9.9M |
| Total Liabilities | $7.1M |
| Net Assets | $2.8M |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 71.5% |
| Months of Reserves | 58.6 months |
Financial Health Grade: A
In 2023, Dakota Properties Inc reported a surplus of $385K with revenue exceeding expenses, holds 58.6 months of operating reserves (strong position), has a debt-to-asset ratio of 71.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dakota Properties Inc's revenue has grown at a compound annual growth rate (CAGR) of 75.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.6% | -5.7% | -3.4% |
| 2022 | +4.7% | -3.3% | -8.4% |
| 2021 | +4.2% | -8.5% | -4.2% |
| 2020 | -2.4% | -3.1% | -4.8% |
| 2019 | -7.2% | -2.9% | -5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Dakota Properties Inc with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Dakota Properties Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a surplus of $385K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue. This could indicate that executive roles are filled by volunteers, or that compensation is structured in a way not reported as 'officer compensation' on the 990, warranting further inquiry.
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 Dakota Properties Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation into executive compensation practices.
- Declining trend in total assets from $12.99 million in 2018 to $9.88 million in 2023, which, while accompanied by decreasing liabilities, should be understood in context of the organization's mission and asset management strategy.
Strengths
The following positive indicators were identified for Dakota Properties Inc:
- Consistent generation of revenue surpluses, indicating sound financial management (e.g., $2,410,517 revenue vs. $2,025,555 expenses in 202306).
- Stable financial operations with revenues consistently exceeding expenses over a long filing history.
- Low liability burden relative to assets, with liabilities decreasing alongside assets, maintaining a healthy balance sheet.
Frequently Asked Questions about Dakota Properties Inc
Is Dakota Properties Inc a legitimate charity?
Dakota Properties Inc (EIN: 208591478) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Dakota Properties Inc spend its money?
Dakota Properties Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dakota Properties Inc tax-deductible?
Dakota Properties Inc is registered as a tax-exempt nonprofit (EIN: 208591478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dakota Properties Inc's spending goes to programs?
Dakota Properties Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dakota Properties Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Dakota Properties Inc is above average for NTEE category F11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dakota Properties Inc located?
Dakota Properties Inc is headquartered in Westampton, New Jersey and files with the IRS under EIN 208591478. It is classified under NTEE code F11.
How many years of IRS 990 filings does Dakota Properties Inc have?
Dakota Properties Inc 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 $2.3M in total revenue.
How does Dakota Properties Inc. compensate its key management if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is a significant point of inquiry. It suggests either that all executive functions are performed by volunteers, or that compensation for key management is categorized differently on the IRS 990, such as through a management company or as employee salaries not specifically identified as 'officer compensation'. Further investigation into the organization's compensation practices would be necessary to understand this fully.
What is the reason for the declining trend in assets from $12.99 million in 2018 to $9.88 million in 2023?
The organization's total assets have decreased from a peak of $12,990,851 in 201806 to $9,883,696 in 202306. This trend, while accompanied by a decrease in liabilities, warrants further investigation. It could be due to depreciation of properties, strategic divestment of assets, or changes in investment strategies. Understanding the nature of these assets (e.g., real estate, investments) would provide more clarity.
What are the specific program activities undertaken by Dakota Properties Inc. given its NTEE code F11 (Housing Development, Construction & Management)?
Given the NTEE code F11, Dakota Properties Inc. is likely involved in housing development, construction, or management activities. To understand its program effectiveness, it would be crucial to know the specific types of housing provided (e.g., affordable housing, senior housing), the number of units managed or developed, and the impact on the community it serves. This information is not available in the provided financial summary.
Filing History
IRS 990 filing history for Dakota Properties Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dakota Properties Inc's revenue has grown by 87142.7%, moving from $3K to $2.4M. Total assets increased by 4511% over the same period, from $214K to $9.9M. Total functional expenses rose by 6062.9%, from $33K to $2.0M. In its most recent filing year (2023), Dakota Properties Inc reported a surplus of $385K, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $9.9M in assets (debt-to-asset ratio: 71.5%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.0M | $9.9M | $7.1M | — | View 990 |
| 2022 | $2.9M | $2.1M | $10.2M | $7.8M | — | View 990 |
| 2021 | $2.7M | $2.2M | $11.2M | $9.4M | — | View 990 |
| 2020 | $2.6M | $2.4M | $11.7M | $10.4M | — | View 990 |
| 2019 | $2.7M | $2.5M | $12.2M | $11.2M | — | View 990 |
| 2018 | $2.9M | $2.6M | $13.0M | $12.1M | — | View 990 |
| 2017 | $2.8M | $2.7M | $12.6M | $12.1M | — | — |
| 2016 | $2.1M | $2.1M | $11.1M | $10.8M | — | View 990 |
| 2015 | $1.7M | $1.6M | $8.5M | $8.2M | — | View 990 |
| 2014 | $1.4M | $1.4M | $7.1M | $6.9M | — | View 990 |
| 2013 | $817K | $867K | $4.7M | $4.5M | — | View 990 |
| 2012 | $1K | $4K | $211K | $0 | — | View 990 |
| 2011 | $3K | $33K | $214K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.0M, and assets of $9.9M (revenue -15.6% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.1M, and assets of $10.2M (revenue +4.7% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.2M, and assets of $11.2M (revenue +4.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.4M, and assets of $11.7M (revenue -2.4% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $12.2M (revenue -7.2% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.6M, and assets of $13.0M (revenue +1.9% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.7M, and assets of $12.6M (revenue +32.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $11.1M (revenue +28.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $8.5M (revenue +17.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $7.1M (revenue +73.0% year-over-year).
- 2013: Revenue of $817K, expenses of $867K, and assets of $4.7M (revenue +59305.8% year-over-year).
- 2012: Revenue of $1K, expenses of $4K, and assets of $211K (revenue -50.2% year-over-year).
- 2011: Revenue of $3K, expenses of $33K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dakota Properties Inc:
Data Sources and Methodology
This transparency report for Dakota Properties Inc 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.