Daniel J Preston Charitable Tr 4347 2 Dtd 020554
EIN: 516149923 · Centerville, DE
| Metric | Value |
|---|---|
| Total Revenue | $307K |
| Total Expenses | $255K |
| Net Assets | $5.8M |
Is Daniel J Preston Charitable Tr 4347 2 Dtd 020554 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel J Preston Charitable Tr 4347 2 Dtd 020554
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 (EIN: 516149923) is a nonprofit organization based in Centerville, DE. The organization reported total revenue of $307K and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel J Preston Charitable Tr 4347 2 Dtd 020554's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $255K |
| Surplus / Deficit | $-116,886 |
| Total Assets | $5.8M |
| Net Assets | $5.8M |
| Operating Margin | -84.8% |
| Months of Reserves | 274.9 months |
Financial Health Grade: B
In 2023, Daniel J Preston Charitable Tr 4347 2 Dtd 020554 reported a deficit of $117K with expenses exceeding revenue, holds 274.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Daniel J Preston Charitable Tr 4347 2 Dtd 020554's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.7% | -15.2% | +6.5% |
| 2022 | -64.4% | +10.2% | -13.7% |
| 2021 | +1124.3% | +8.2% | +9.0% |
| 2020 | -90.5% | +12.4% | +8.2% |
| 2019 | -0.2% | -11.0% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Daniel J Preston Charitable Tr 4347 2 Dtd 020554 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 Daniel J Preston Charitable Tr 4347 2 Dtd 020554 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 $117K, with expenses exceeding revenue.
Frequently Asked Questions about Daniel J Preston Charitable Tr 4347 2 Dtd 020554
Is Daniel J Preston Charitable Tr 4347 2 Dtd 020554 a legitimate charity?
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 (EIN: 516149923) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $307K. No red flags identified. Financial health grade: B.
How does Daniel J Preston Charitable Tr 4347 2 Dtd 020554 spend its money?
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 reported $307K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Daniel J Preston Charitable Tr 4347 2 Dtd 020554 tax-deductible?
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 is registered as a tax-exempt nonprofit (EIN: 516149923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daniel J Preston Charitable Tr 4347 2 Dtd 020554 located?
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 is headquartered in Centerville, Delaware and files with the IRS under EIN 516149923.
How many years of IRS 990 filings does Daniel J Preston Charitable Tr 4347 2 Dtd 020554 have?
Daniel J Preston Charitable Tr 4347 2 Dtd 020554 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 $307K in total revenue.
Filing History
IRS 990 filing history for Daniel J Preston Charitable Tr 4347 2 Dtd 020554 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Daniel J Preston Charitable Tr 4347 2 Dtd 020554's revenue has declined by 67.4%, moving from $423K to $138K. Total assets increased by 35.2% over the same period, from $4.3M to $5.8M. Total functional expenses fell by 3.7%, from $264K to $255K. In its most recent filing year (2023), Daniel J Preston Charitable Tr 4347 2 Dtd 020554 reported a deficit of $117K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $255K | $5.8M | $0 | — | — |
| 2022 | $183K | $300K | $5.5M | $0 | — | View 990 |
| 2021 | $515K | $273K | $6.4M | $0 | — | View 990 |
| 2020 | $42K | $252K | $5.8M | $0 | — | View 990 |
| 2019 | $442K | $224K | $5.4M | $0 | — | View 990 |
| 2018 | $443K | $252K | $4.7M | $0 | — | View 990 |
| 2017 | $176K | $225K | $5.2M | $0 | — | — |
| 2016 | $80K | $217K | $4.5M | $0 | — | View 990 |
| 2015 | $211K | $230K | $4.6M | $0 | — | View 990 |
| 2014 | $170K | $215K | $4.6M | $0 | — | View 990 |
| 2013 | $645K | $241K | $4.7M | $0 | — | View 990 |
| 2012 | $196K | $245K | $4.2M | $0 | — | View 990 |
| 2011 | $423K | $264K | $4.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $255K, and assets of $5.8M (revenue -24.7% year-over-year).
- 2022: Revenue of $183K, expenses of $300K, and assets of $5.5M (revenue -64.4% year-over-year).
- 2021: Revenue of $515K, expenses of $273K, and assets of $6.4M (revenue +1124.3% year-over-year).
- 2020: Revenue of $42K, expenses of $252K, and assets of $5.8M (revenue -90.5% year-over-year).
- 2019: Revenue of $442K, expenses of $224K, and assets of $5.4M (revenue -0.2% year-over-year).
- 2018: Revenue of $443K, expenses of $252K, and assets of $4.7M (revenue +152.4% year-over-year).
- 2017: Revenue of $176K, expenses of $225K, and assets of $5.2M (revenue +119.4% year-over-year).
- 2016: Revenue of $80K, expenses of $217K, and assets of $4.5M (revenue -62.1% year-over-year).
- 2015: Revenue of $211K, expenses of $230K, and assets of $4.6M (revenue +24.1% year-over-year).
- 2014: Revenue of $170K, expenses of $215K, and assets of $4.6M (revenue -73.6% year-over-year).
- 2013: Revenue of $645K, expenses of $241K, and assets of $4.7M (revenue +228.5% year-over-year).
- 2012: Revenue of $196K, expenses of $245K, and assets of $4.2M (revenue -53.6% year-over-year).
- 2011: Revenue of $423K, expenses of $264K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel J Preston Charitable Tr 4347 2 Dtd 020554:
Data Sources and Methodology
This transparency report for Daniel J Preston Charitable Tr 4347 2 Dtd 020554 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.