Darwin Foundation Inc
Darwin Foundation Inc. maintains stable assets and zero executive compensation amidst fluctuating revenues.
EIN: 202042526 · Princeton, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $106K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Darwin Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Darwin Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Darwin Foundation Inc
Darwin Foundation Inc (EIN: 202042526) is a nonprofit organization based in Princeton, NJ, classified under NTEE code T22. The organization reported total revenue of $218K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Darwin Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Darwin Foundation Inc is a small nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $106K |
| Surplus / Deficit | +$50K |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.6 months |
Financial Health Grade: A
In 2019, Darwin Foundation Inc reported a surplus of $50K with revenue exceeding expenses, holds 113.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Darwin Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +3655.8% | +14.6% | +63.9% |
| 2015 | -97.7% | +47.0% | -12.6% |
| 2014 | +52480.5% | -34.8% | +20.3% |
| 2013 | -99.5% | +5.4% | -14.2% |
| 2012 | -40.5% | +107.0% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Darwin Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Darwin Foundation Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or that compensation falls below reporting thresholds, which is positive for a nonprofit of its size with current assets over $1 million.
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 Darwin Foundation Inc's IRS 990 filings:
- Highly fluctuating revenue streams, making financial planning challenging.
Strengths
The following positive indicators were identified for Darwin Foundation Inc:
- Consistent asset growth, reaching over $1 million in the latest filing.
- Zero reported officer compensation, indicating efficient use of funds.
- Extremely low liabilities ($0-$1) across all periods, demonstrating strong financial health.
- Long filing history (6 filings) indicating consistent compliance.
Frequently Asked Questions about Darwin Foundation Inc
Is Darwin Foundation Inc a legitimate charity?
Darwin Foundation Inc (EIN: 202042526) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $218K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Darwin Foundation Inc spend its money?
Darwin Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Darwin Foundation Inc tax-deductible?
Darwin Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202042526). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Darwin Foundation Inc CEO make?
Darwin Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $218K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Darwin Foundation Inc's spending goes to programs?
Darwin Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Darwin Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Darwin Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Darwin Foundation Inc located?
Darwin Foundation Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 202042526. It is classified under NTEE code T22.
How many years of IRS 990 filings does Darwin Foundation Inc have?
Darwin Foundation Inc has 6 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 $218K in total revenue.
Is Darwin Foundation Inc. financially stable?
Yes, the organization appears financially stable with consistent assets over $600,000 and minimal liabilities ($0-$1) across all reported periods, despite fluctuating revenues.
Does Darwin Foundation Inc. pay its officers?
No, all available IRS 990 filings indicate 0% officer compensation, suggesting a volunteer-led board or that compensation is below reporting thresholds.
What is the trend in Darwin Foundation Inc.'s revenue?
Revenue has been highly variable, ranging from $343 in 201311 to $180,351 in 201411, and $155,679 in the latest period (201911), indicating an inconsistent funding stream.
Filing History
IRS 990 filing history for Darwin Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Darwin Foundation Inc's revenue has grown by 29.6%, moving from $120K to $156K. Total assets increased by 43.7% over the same period, from $696K to $1.0M. Total functional expenses rose by 139.9%, from $44K to $106K. In its most recent filing year (2019), Darwin Foundation Inc reported a surplus of $50K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $156K | $106K | $1.0M | $1 | — | — |
| 2015 | $4K | $92K | $610K | $1 | — | View 990 |
| 2014 | $180K | $63K | $698K | $0 | — | View 990 |
| 2013 | $343 | $96K | $581K | $0 | — | View 990 |
| 2012 | $72K | $91K | $677K | $0 | — | View 990 |
| 2011 | $120K | $44K | $696K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $156K, expenses of $106K, and assets of $1.0M (revenue +3655.8% year-over-year).
- 2015: Revenue of $4K, expenses of $92K, and assets of $610K (revenue -97.7% year-over-year).
- 2014: Revenue of $180K, expenses of $63K, and assets of $698K (revenue +52480.5% year-over-year).
- 2013: Revenue of $343, expenses of $96K, and assets of $581K (revenue -99.5% year-over-year).
- 2012: Revenue of $72K, expenses of $91K, and assets of $677K (revenue -40.5% year-over-year).
- 2011: Revenue of $120K, expenses of $44K, and assets of $696K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Darwin Foundation Inc:
Data Sources and Methodology
This transparency report for Darwin Foundation 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.