Darrow Foundation
Darrow Foundation reports $0 revenue and assets after years of deficit spending.
EIN: 10539319 · Hanover, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $85K |
| Program Spending | 75% |
| Net Assets | $14K |
| Transparency Score | 20/100 |
Is Darrow Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Darrow Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Darrow Foundation
Darrow Foundation (EIN: 10539319) is a nonprofit organization based in Hanover, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Darrow Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Darrow Foundation is a micro nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -82.6%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $85K |
| Surplus / Deficit | $-79,108 |
| Total Assets | $74K |
| Total Liabilities | $60K |
| Net Assets | $14K |
| Operating Margin | -1438.1% |
| Debt-to-Asset Ratio | 81.5% |
| Months of Reserves | 10.5 months |
Financial Health Grade: C
In 2013, Darrow Foundation reported a deficit of $79K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 81.5% (high leverage).
Financial Trends
Over 3 years of filings (2011–2013), Darrow Foundation's revenue has declined at a compound annual growth rate (CAGR) of -82.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -96.8% | -60.3% | -54.6% |
| 2012 | -5.8% | -1.2% | -20.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Darrow Foundation with a Mission Score of 20 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Darrow Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $79K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.5%.
Executive Compensation Analysis
Executive compensation was reported as 0% across all available filings, indicating that officers did not receive salaries from the organization during those periods, which is positive for resource allocation.
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 Darrow Foundation's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential cessation of operations.
- Consistent deficit spending in prior years (e.g., $84,609 expenses vs. $5,501 revenue in 2013).
- Unknown NTEE code, limiting understanding of its mission and program area.
Strengths
The following positive indicators were identified for Darrow Foundation:
- Reported 0% officer compensation across all available filings, indicating no executive salary burden during those periods.
Frequently Asked Questions about Darrow Foundation
Is Darrow Foundation a legitimate charity?
Darrow Foundation (EIN: 10539319) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 20/100. It has 3 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: C.
How does Darrow Foundation spend its money?
Darrow Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Darrow Foundation tax-deductible?
Darrow Foundation is registered as a tax-exempt nonprofit (EIN: 10539319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Darrow Foundation's spending goes to programs?
Darrow Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Darrow Foundation located?
Darrow Foundation is headquartered in Hanover, Maine and files with the IRS under EIN 10539319.
How many years of IRS 990 filings does Darrow Foundation have?
Darrow Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Darrow Foundation still operational given its latest $0 revenue and assets?
Based on the latest available data showing $0 revenue and assets, it is highly questionable whether the Darrow Foundation is still actively operational. Further investigation or more recent filings would be needed to confirm its status.
What caused the significant decline in revenue and assets for the Darrow Foundation?
The available data shows a consistent pattern of expenses exceeding revenue in prior years (e.g., $84,609 expenses vs. $5,501 revenue in 2013; $213,261 expenses vs. $170,941 revenue in 2012). This deficit spending likely depleted its assets over time, leading to the reported $0 revenue and assets.
What was the Darrow Foundation's primary program focus, given the unknown NTEE code?
Without an NTEE code, the specific program focus of the Darrow Foundation cannot be determined from the provided data. This lack of information hinders a full assessment of its mission effectiveness.
Filing History
IRS 990 filing history for Darrow Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Darrow Foundation's revenue has declined by 97%, moving from $182K to $6K. Total assets decreased by 64.1% over the same period, from $206K to $74K. Total functional expenses fell by 60.8%, from $216K to $85K. In its most recent filing year (2013), Darrow Foundation reported a deficit of $79K, with expenses exceeding revenue. The organization holds $60K in liabilities against $74K in assets (debt-to-asset ratio: 81.5%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $6K | $85K | $74K | $60K | — | View 990 |
| 2012 | $171K | $213K | $163K | $70K | — | View 990 |
| 2011 | $182K | $216K | $206K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $6K, expenses of $85K, and assets of $74K (revenue -96.8% year-over-year).
- 2012: Revenue of $171K, expenses of $213K, and assets of $163K (revenue -5.8% year-over-year).
- 2011: Revenue of $182K, expenses of $216K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Darrow Foundation:
Data Sources and Methodology
This transparency report for Darrow 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.