Dakshana Foundation
Dakshana Foundation shows strong asset growth and zero officer compensation, but experienced a significant negative revenue year in 2022.
EIN: 202861633 · W Lake Hills, TX · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $16.2M |
| Transparency Score | 85/100 |
Is Dakshana Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dakshana Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dakshana Foundation
Dakshana Foundation (EIN: 202861633) is a nonprofit organization based in W Lake Hills, TX, classified under NTEE code B82. The organization reported total revenue of $11.7M and total assets of $22.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dakshana Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dakshana Foundation is a large nonprofit that has been operating for 8 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $16.2M |
| Total Liabilities | $280 |
| Net Assets | $16.2M |
| Operating Margin | 64.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.4 months |
Financial Health Grade: A
In 2023, Dakshana Foundation reported a surplus of $2.1M with revenue exceeding expenses, holds 164.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Dakshana Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -148.6% | +43.7% | -24.4% |
| 2021 | +4122.3% | +74.2% | -7.2% |
| 2020 | -91.7% | -33.7% | +31.6% |
| 2019 | -86.6% | -64.5% | +29.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
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 Dakshana Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Dakshana Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Dakshana Foundation consistently reports 0% officer compensation across all available filing periods, indicating that its leadership is either entirely volunteer or compensated through non-officer channels, which is highly unusual for an organization with assets exceeding $22 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Dakshana Foundation's IRS 990 filings:
- Significant negative revenue in 2022 ($-1,429,442) without immediate explanation.
- Unusually consistent 0% officer compensation for an organization with substantial assets, which might obscure how leadership is supported.
Strengths
The following positive indicators were identified for Dakshana Foundation:
- Strong asset growth, reaching $22,288,033 in latest available data and $16,243,372 in 2023.
- Consistent reporting of 0% officer compensation, indicating a potential high efficiency in resource allocation towards programs.
- Positive revenue trend in 2023 ($3,309,747) following the negative revenue year.
- Consistent filing of IRS Form 990s over 12 periods, demonstrating transparency.
Frequently Asked Questions about Dakshana Foundation
Is Dakshana Foundation a legitimate charity?
Dakshana Foundation (EIN: 202861633) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $11.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Dakshana Foundation spend its money?
Dakshana Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dakshana Foundation tax-deductible?
Dakshana Foundation is registered as a tax-exempt nonprofit (EIN: 202861633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dakshana Foundation CEO make?
Dakshana Foundation's highest-compensated officer earns $22 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Dakshana Foundation's spending goes to programs?
Dakshana Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dakshana Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dakshana Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dakshana Foundation located?
Dakshana Foundation is headquartered in W Lake Hills, Texas and files with the IRS under EIN 202861633. It is classified under NTEE code B82.
How many years of IRS 990 filings does Dakshana Foundation have?
Dakshana Foundation has 12 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 $11.7M in total revenue.
What caused the negative revenue of $-1,429,442 in 2022?
The provided data does not specify the reason for the negative revenue in 2022. This could be due to investment losses, significant returns of contributions, or accounting adjustments, and would require reviewing the full 990 filing for that period.
How does Dakshana Foundation sustain its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, or compensation is structured in a way that it is not reported as 'officer compensation' on the 990, such as through a related entity or as contractor fees. This is a significant factor in its operational model.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. To understand the exact allocation, one would need to examine the full IRS Form 990 filings for each period.
Filing History
IRS 990 filing history for Dakshana Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Dakshana Foundation's revenue has grown by 48.7%, moving from $2.2M to $3.3M. Total assets increased by 883.5% over the same period, from $1.7M to $16.2M. Total functional expenses rose by 119.3%, from $541K to $1.2M. In its most recent filing year (2023), Dakshana Foundation reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $280 in liabilities against $16.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.2M | $16.2M | $280 | — | View 990 |
| 2022 | $-1,429,442 | $1.4M | $11.8M | $373K | — | — |
| 2021 | $2.9M | $983K | $15.6M | $2.2M | — | View 990 |
| 2020 | $70K | $564K | $16.8M | $433K | — | View 990 |
| 2019 | $841K | $852K | $12.8M | $252K | — | View 990 |
| 2018 | $6.3M | $2.4M | $9.9M | $206K | — | View 990 |
| 2017 | $10.9M | $3.1M | $9.9M | $146K | — | View 990 |
| 2015 | $697K | $2.5M | $1.6M | $125K | — | View 990 |
| 2014 | $5.1M | $4.8M | $3.1M | $27K | — | View 990 |
| 2013 | $1.2M | $839K | $2.8M | $6K | — | View 990 |
| 2012 | $1.2M | $575K | $2.5M | $4K | — | View 990 |
| 2011 | $2.2M | $541K | $1.7M | $-189,010 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.2M, and assets of $16.2M.
- 2022: Revenue of $-1,429,442, expenses of $1.4M, and assets of $11.8M (revenue -148.6% year-over-year).
- 2021: Revenue of $2.9M, expenses of $983K, and assets of $15.6M (revenue +4122.3% year-over-year).
- 2020: Revenue of $70K, expenses of $564K, and assets of $16.8M (revenue -91.7% year-over-year).
- 2019: Revenue of $841K, expenses of $852K, and assets of $12.8M (revenue -86.6% year-over-year).
- 2018: Revenue of $6.3M, expenses of $2.4M, and assets of $9.9M (revenue -42.3% year-over-year).
- 2017: Revenue of $10.9M, expenses of $3.1M, and assets of $9.9M (revenue +1460.2% year-over-year).
- 2015: Revenue of $697K, expenses of $2.5M, and assets of $1.6M (revenue -86.3% year-over-year).
- 2014: Revenue of $5.1M, expenses of $4.8M, and assets of $3.1M (revenue +339.9% year-over-year).
- 2013: Revenue of $1.2M, expenses of $839K, and assets of $2.8M (revenue -5.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $575K, and assets of $2.5M (revenue -44.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $541K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dakshana Foundation:
Data Sources and Methodology
This transparency report for Dakshana 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.