Damascus Way Re Entry Center Inc
EIN: 411356073 · Richfield, MN · NTEE: I31Z
Is Damascus Way Re Entry Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Damascus Way Re Entry Center Inc
Damascus Way Re Entry Center Inc (EIN: 411356073) is a nonprofit organization based in Richfield, MN, classified under NTEE code I31Z. The organization reported total revenue of $3.3M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Damascus Way Re Entry Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Damascus Way Re Entry Center Inc 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 Damascus Way Re Entry Center Inc 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.
Frequently Asked Questions about Damascus Way Re Entry Center Inc
Is Damascus Way Re Entry Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Damascus Way Re Entry Center Inc (EIN: 411356073) insufficient data. 0 red flags identified, 0 strengths noted.
How does Damascus Way Re Entry Center Inc spend its money?
Detailed spending breakdown data is not yet available for Damascus Way Re Entry Center Inc. Check back for updated IRS 990 analysis.
Are donations to Damascus Way Re Entry Center Inc tax-deductible?
Damascus Way Re Entry Center Inc is registered as a tax-exempt nonprofit (EIN: 411356073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Damascus Way Re Entry Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Damascus Way Re Entry Center Inc's revenue has grown by 374.1%, moving from $692K to $3.3M. Total assets increased by 853.3% over the same period, from $493K to $4.7M. Total functional expenses rose by 230.4%, from $815K to $2.7M. In its most recent filing year (2024), Damascus Way Re Entry Center Inc reported a surplus of $591K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $4.7M in assets (debt-to-asset ratio: 38.2%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $2.7M | $4.7M | $1.8M | — | View 990 |
| 2023 | $2.2M | $2.1M | $4.2M | $1.8M | — | — |
| 2022 | $1.9M | $1.8M | $3.9M | $1.6M | — | View 990 |
| 2021 | $2.0M | $1.5M | $3.7M | $1.7M | — | View 990 |
| 2020 | $2.0M | $1.1M | $2.1M | $501K | — | View 990 |
| 2019 | $1.5M | $1.1M | $2.1M | $1.4M | — | View 990 |
| 2018 | $998K | $1.0M | $499K | $187K | — | — |
| 2017 | $916K | $844K | $526K | $175K | — | View 990 |
| 2016 | $822K | $817K | $492K | $214K | — | View 990 |
| 2015 | $928K | $824K | $523K | $249K | — | View 990 |
| 2014 | $757K | $826K | $497K | $327K | — | View 990 |
| 2013 | $874K | $850K | $499K | $261K | — | View 990 |
| 2012 | $692K | $815K | $493K | $279K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.3M, expenses of $2.7M, and assets of $4.7M (revenue +49.1% year-over-year).
- 2023: Revenue of $2.2M, expenses of $2.1M, and assets of $4.2M (revenue +13.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $3.9M (revenue -2.6% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.5M, and assets of $3.7M (revenue -0.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.1M, and assets of $2.1M (revenue +30.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.1M, and assets of $2.1M (revenue +53.5% year-over-year).
- 2018: Revenue of $998K, expenses of $1.0M, and assets of $499K (revenue +8.9% year-over-year).
- 2017: Revenue of $916K, expenses of $844K, and assets of $526K (revenue +11.4% year-over-year).
- 2016: Revenue of $822K, expenses of $817K, and assets of $492K (revenue -11.4% year-over-year).
- 2015: Revenue of $928K, expenses of $824K, and assets of $523K (revenue +22.5% year-over-year).
- 2014: Revenue of $757K, expenses of $826K, and assets of $497K (revenue -13.4% year-over-year).
- 2013: Revenue of $874K, expenses of $850K, and assets of $499K (revenue +26.3% year-over-year).
- 2012: Revenue of $692K, expenses of $815K, and assets of $493K.
Data Sources and Methodology
This transparency report for Damascus Way Re Entry Center 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.