Danny Boys Legacy Inc
EIN: 842129646 · Killingworth, CT · NTEE: D20
Is Danny Boys Legacy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danny Boys Legacy Inc
Danny Boys Legacy Inc (EIN: 842129646) is a nonprofit organization based in Killingworth, CT, classified under NTEE code D20. The organization reported total revenue of $60K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danny Boys Legacy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danny Boys Legacy Inc is a micro nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $84K |
| Surplus / Deficit | $-17,164 |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | -25.5% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Danny Boys Legacy Inc reported a deficit of $17K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2022–2023), Danny Boys Legacy Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +48.4% | -43.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danny Boys Legacy 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 Danny Boys Legacy 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Danny Boys Legacy Inc
Is Danny Boys Legacy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Danny Boys Legacy Inc (EIN: 842129646) insufficient data. 0 red flags identified, 0 strengths noted.
How does Danny Boys Legacy Inc spend its money?
Detailed spending breakdown data is not yet available for Danny Boys Legacy Inc. Check back for updated IRS 990 analysis.
Are donations to Danny Boys Legacy Inc tax-deductible?
Danny Boys Legacy Inc is registered as a tax-exempt nonprofit (EIN: 842129646). 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 Danny Boys Legacy Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Danny Boys Legacy Inc's revenue has declined by 9.9%, moving from $75K to $67K. Total assets decreased by 43% over the same period, from $40K to $23K. Total functional expenses rose by 48.4%, from $57K to $84K. In its most recent filing year (2023), Danny Boys Legacy Inc reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $84K | $23K | $0 | — | View 990 |
| 2022 | $75K | $57K | $40K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danny Boys Legacy Inc:
Data Sources and Methodology
This transparency report for Danny Boys Legacy 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.