Darchei David Foundation
Darchei David Foundation shows revenue growth but experienced a significant deficit in its latest fiscal year.
EIN: 112750798 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $3.5M |
| Program Spending | 80% |
| Net Assets | $5.1M |
| Transparency Score | 65/100 |
Is Darchei David Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Darchei David Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Darchei David Foundation
Darchei David Foundation (EIN: 112750798) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $2.1M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Darchei David Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Darchei David Foundation is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-769,008 |
| Total Assets | $5.1M |
| Net Assets | $5.1M |
| Operating Margin | -28.4% |
| Months of Reserves | 17.6 months |
Financial Health Grade: B
In 2023, Darchei David Foundation reported a deficit of $769K with expenses exceeding revenue, holds 17.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Darchei David Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +89.9% | -13.1% |
| 2022 | +57.9% | +93.1% | +11.0% |
| 2021 | -11.1% | +17.4% | +12.3% |
| 2020 | -29.2% | -72.4% | +162.0% |
| 2019 | +70.6% | +120.9% | -21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Darchei David Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Darchei David Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $769K, with expenses exceeding revenue.
Executive Compensation Analysis
Darchei David Foundation consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation is not reported in this category, which could impact transparency.
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 Darchei David Foundation's IRS 990 filings:
- Significant deficit in the latest fiscal year (2023 expenses $3,477,595 vs. revenue $2,708,587)
- Unknown NTEE code limits benchmarking and understanding of mission focus
- Lack of detailed expense breakdown in available data makes program efficiency difficult to fully assess
- Consistent 0% officer compensation could indicate a lack of transparency if indirect benefits are provided
Strengths
The following positive indicators were identified for Darchei David Foundation:
- Consistent growth in revenue over the past decade (from $1.1M in 2014 to $2.7M in 2023)
- Strong asset growth over time (from $282,977 in 2014 to $5,531,858 currently)
- Zero reported liabilities across all filings, indicating strong financial solvency and no debt
- Positive net assets, demonstrating long-term financial stability
Frequently Asked Questions about Darchei David Foundation
Is Darchei David Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Darchei David Foundation (EIN: 112750798) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Darchei David Foundation spend its money?
Darchei David Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Darchei David Foundation tax-deductible?
Darchei David Foundation is registered as a tax-exempt nonprofit (EIN: 112750798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Darchei David Foundation's spending goes to programs?
Darchei David Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Darchei David Foundation located?
Darchei David Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 112750798.
How many years of IRS 990 filings does Darchei David Foundation have?
Darchei David Foundation 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 $2.1M in total revenue.
Why did expenses significantly exceed revenue in the 2023 fiscal period?
In 2023, Darchei David Foundation reported expenses of $3,477,595 against revenues of $2,708,587, leading to a deficit of $769,008. This is a notable shift from prior years where revenue often exceeded expenses.
What is the organization's NTEE code and primary program activities?
The NTEE code for Darchei David Foundation is currently unknown, which makes it difficult to ascertain its specific programmatic focus and compare its financial metrics to peer organizations.
How does the organization manage to operate with 0% reported officer compensation?
All available IRS 990 filings for Darchei David Foundation indicate 0% officer compensation. This could imply a fully volunteer executive team or that compensation is structured in a way not reported under this specific line item, warranting further inquiry for full transparency.
Filing History
IRS 990 filing history for Darchei David Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Darchei David Foundation's revenue has grown by 231.7%, moving from $817K to $2.7M. Total assets increased by 1742.1% over the same period, from $277K to $5.1M. Total functional expenses rose by 346.6%, from $779K to $3.5M. In its most recent filing year (2023), Darchei David Foundation reported a deficit of $769K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $3.5M | $5.1M | $0 | — | — |
| 2022 | $2.4M | $1.8M | $5.9M | $0 | — | View 990 |
| 2021 | $1.5M | $948K | $5.3M | $0 | — | View 990 |
| 2020 | $1.7M | $808K | $4.7M | $0 | — | View 990 |
| 2019 | $2.4M | $2.9M | $1.8M | $0 | — | View 990 |
| 2018 | $1.4M | $1.3M | $2.3M | $0 | — | View 990 |
| 2017 | $1.4M | $711K | $2.2M | $0 | — | View 990 |
| 2016 | $1.2M | $598K | $1.5M | $0 | — | View 990 |
| 2015 | $1.2M | $606K | $919K | $0 | — | View 990 |
| 2014 | $1.1M | $516K | $283K | $0 | — | View 990 |
| 2013 | $673K | $598K | $-283,673 | $0 | — | View 990 |
| 2012 | $1.0M | $1.6M | $-359,140 | $0 | — | View 990 |
| 2011 | $817K | $779K | $277K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $3.5M, and assets of $5.1M (revenue +12.2% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $5.9M (revenue +57.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $948K, and assets of $5.3M (revenue -11.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $808K, and assets of $4.7M (revenue -29.2% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.9M, and assets of $1.8M (revenue +70.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $2.3M (revenue +1.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $711K, and assets of $2.2M (revenue +18.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $598K, and assets of $1.5M (revenue -4.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $606K, and assets of $919K (revenue +12.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $516K, and assets of $283K (revenue +63.9% year-over-year).
- 2013: Revenue of $673K, expenses of $598K, and assets of $-283,673 (revenue -34.1% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.6M, and assets of $-359,140 (revenue +25.2% year-over-year).
- 2011: Revenue of $817K, expenses of $779K, and assets of $277K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Darchei David Foundation:
Data Sources and Methodology
This transparency report for Darchei David 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.