Dannon Project
Dannon Project consistently dedicates high percentage of spending to programs but frequently operates at a deficit.
EIN: 141891112 · Birmingham, AL · NTEE: S80 · Updated: 2026-03-28
Is Dannon Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dannon Project directs 78% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dannon Project
Dannon Project (EIN: 141891112) is a nonprofit organization based in Birmingham, AL, classified under NTEE code S80. The organization reported total revenue of $3.3M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dannon Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dannon Project is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-76,381 |
| Total Assets | $890K |
| Total Liabilities | $641K |
| Net Assets | $249K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 72.1% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Dannon Project reported a deficit of $76K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 72.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Dannon Project's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.2% | -25.2% | -52.4% |
| 2022 | +28.9% | +22.0% | +59.3% |
| 2021 | -17.7% | -19.3% | -59.9% |
| 2020 | -3.9% | -6.2% | -27.2% |
| 2019 | +47.2% | +56.4% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Dannon Project 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: 12%
- programs: 78%
- fundraising: 10%
According to IRS 990 filings, Dannon Project allocates its expenses as follows: admin: 12%, programs: 78%, fundraising: 10%. With 78% 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 deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.1%.
Executive Compensation Analysis
The Dannon Project consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues exceeding $3 million, suggesting either volunteer leadership or compensation structured in a way not reported as officer compensation on the 990.
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 Dannon Project's IRS 990 filings:
- Frequent operating deficits (e.g., 2023 expenses $4.4M vs. revenue $4.3M)
- Significant fluctuation and recent decline in assets (from $4M in 2019 to $0.8M in 2023)
- Consistent 0% officer compensation reported despite multi-million dollar revenues, which is atypical.
Strengths
The following positive indicators were identified for Dannon Project:
- Strong program spending ratio, consistently directing a high percentage of funds to mission (e.g., 78% in recent years).
- Long operational history with 14 IRS 990 filings, indicating sustained presence.
- Demonstrates commitment to its NTEE code (S80 - Employment, Job Related) through consistent program delivery.
Frequently Asked Questions about Dannon Project
Is Dannon Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Dannon Project (EIN: 141891112) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Dannon Project spend its money?
Dannon Project directs 78% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dannon Project tax-deductible?
Dannon Project is registered as a tax-exempt nonprofit (EIN: 141891112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dannon Project a good charity?
Based on its consistent high program spending ratio (e.g., 78% in recent years), Dannon Project appears to be an effective charity in terms of directing funds to its mission. However, its frequent operating deficits and fluctuating asset base suggest potential financial management challenges that warrant further investigation.
Why does Dannon Project report 0% officer compensation?
The consistent reporting of 0% officer compensation is unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer, compensated through a related entity, or that compensation is categorized differently on the 990, which would require reviewing the full filing for clarity.
What caused the significant drop in assets from 2022 to 2023?
The Dannon Project's assets decreased from $1,868,015 in 2022 to $889,634 in 2023. This nearly 50% reduction in assets in a single year, coupled with an operating deficit in 2023, suggests significant expenditures or asset divestment that would need to be detailed in the full 990 filing.
Filing History
IRS 990 filing history for Dannon Project showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Dannon Project's revenue has grown by 431.5%, moving from $819K to $4.4M. Total assets increased by 1012.3% over the same period, from $80K to $890K. Total functional expenses rose by 440.8%, from $819K to $4.4M. In its most recent filing year (2023), Dannon Project reported a deficit of $76K, with expenses exceeding revenue. The organization holds $641K in liabilities against $890K in assets (debt-to-asset ratio: 72.1%), resulting in net assets of $249K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.4M | $890K | $641K | — | View 990 |
| 2022 | $6.1M | $5.9M | $1.9M | $1.5M | — | View 990 |
| 2021 | $4.8M | $4.8M | $1.2M | $1.1M | — | View 990 |
| 2020 | $5.8M | $6.0M | $2.9M | $2.8M | — | View 990 |
| 2019 | $6.0M | $6.4M | $4.0M | $3.9M | — | View 990 |
| 2018 | $4.1M | $4.1M | $3.9M | $3.5M | — | View 990 |
| 2017 | $3.8M | $3.8M | $3.2M | $2.7M | — | View 990 |
| 2016 | $3.4M | $3.4M | $564K | $0 | — | — |
| 2015 | $2.8M | $2.8M | $568K | $0 | — | View 990 |
| 2014 | $2.5M | $2.4M | $651K | $13K | — | View 990 |
| 2013 | $2.6M | $2.6M | $612K | $15K | — | View 990 |
| 2012 | $1.9M | $1.8M | $525K | $0 | — | View 990 |
| 2011 | $1.3M | $1.3M | $499K | $2K | — | View 990 |
| 2010 | $819K | $819K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.4M, and assets of $890K (revenue -29.2% year-over-year).
- 2022: Revenue of $6.1M, expenses of $5.9M, and assets of $1.9M (revenue +28.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.8M, and assets of $1.2M (revenue -17.7% year-over-year).
- 2020: Revenue of $5.8M, expenses of $6.0M, and assets of $2.9M (revenue -3.9% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.4M, and assets of $4.0M (revenue +47.2% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.1M, and assets of $3.9M (revenue +8.9% year-over-year).
- 2017: Revenue of $3.8M, expenses of $3.8M, and assets of $3.2M (revenue +11.9% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.4M, and assets of $564K (revenue +20.2% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.8M, and assets of $568K (revenue +13.2% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $651K (revenue -3.8% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $612K (revenue +38.4% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $525K (revenue +48.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $499K (revenue +52.9% year-over-year).
- 2010: Revenue of $819K, expenses of $819K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dannon Project:
Data Sources and Methodology
This transparency report for Dannon Project 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.