Dayton Literary Peace Prize Foundation

Dayton Literary Peace Prize Foundation shows consistent growth and strong program focus with no executive compensation.

EIN: 202905129 · Dayton, OH · NTEE: Q20 · Updated: 2026-03-28

$460KRevenue
$311KAssets
92/100Mission Score (Excellent)
Q20

Is Dayton Literary Peace Prize Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Dayton Literary Peace Prize Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Dayton Literary Peace Prize Foundation

Dayton Literary Peace Prize Foundation (EIN: 202905129) is a nonprofit organization based in Dayton, OH, classified under NTEE code Q20. The organization reported total revenue of $460K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dayton Literary Peace Prize Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Dayton Literary Peace Prize Foundation demonstrates a generally stable financial position, with assets of $310,787 against latest revenue of $460,125. Over the past few years, the organization has shown growth in both revenue and expenses, indicating an expansion of its activities. For instance, revenue increased from $235,837 in 2021 to $423,291 in 2023. While the 2023 period saw expenses ($456,320) slightly exceed revenue ($423,291), this appears to be an isolated instance in recent years, as 2022 showed revenue ($300,913) exceeding expenses ($274,926). The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards programmatic activities and operational needs rather than executive salaries. The foundation's liabilities have remained relatively low compared to its assets, with the highest recent liability being $36,222 in 2023, which is manageable against assets of $329,828 in the same period. This financial prudence, combined with a clear mission, indicates a well-managed nonprofit. Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the detailed breakdown of financial figures. The absence of officer compensation is a significant positive indicator of resource allocation and commitment to the mission. The growth in assets from $6,150 in 2015 to $329,828 in 2023 further underscores a healthy financial trajectory and capacity to sustain its programs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dayton Literary Peace Prize Foundation with a Mission Score of 92 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

According to IRS 990 filings, Dayton Literary Peace Prize Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with latest revenue of $460,125 and suggests a strong volunteer-driven leadership model.

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 Dayton Literary Peace Prize Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Dayton Literary Peace Prize Foundation:

Frequently Asked Questions about Dayton Literary Peace Prize Foundation

Is Dayton Literary Peace Prize Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Dayton Literary Peace Prize Foundation (EIN: 202905129) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

How does Dayton Literary Peace Prize Foundation spend its money?

Dayton Literary Peace Prize Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Dayton Literary Peace Prize Foundation tax-deductible?

Dayton Literary Peace Prize Foundation is registered as a tax-exempt nonprofit (EIN: 202905129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the Dayton Literary Peace Prize Foundation financially stable?

Yes, the foundation appears financially stable. While expenses slightly exceeded revenue in 2023 ($456,320 vs. $423,291), this follows a period of revenue growth and positive net income in 2022 ($300,913 revenue vs. $274,926 expenses). Assets have also grown significantly over time, reaching $329,828 in 2023, indicating a healthy financial position.

How does the organization manage executive compensation?

The organization reports 0% officer compensation across all 13 available IRS 990 filings. This means that no salaries are paid to its officers, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission.

Has the organization's revenue been growing?

Yes, the organization has shown significant revenue growth, particularly in recent years. Revenue increased from $235,837 in 2021 to $423,291 in 2023, demonstrating an expanding capacity to fund its programs.

What is the organization's approach to spending efficiency?

The organization demonstrates high spending efficiency, primarily due to its 0% officer compensation. This allows a greater proportion of its funds to be allocated directly to programmatic activities, as suggested by the estimated 85% program spending.

Are there any significant liabilities?

Liabilities have remained relatively low and manageable compared to assets. The highest recent liability was $36,222 in 2023, which is well covered by assets of $329,828 in the same period.

Filing History

IRS 990 filing history for Dayton Literary Peace Prize Foundation showing financial trends over 13 years of public records:

Total assets increased by 1668.6% over the same period, from $19K to $330K. In its most recent filing year (2023), Dayton Literary Peace Prize Foundation reported a deficit of $33K, with expenses exceeding revenue. The organization holds $36K in liabilities against $330K in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $294K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $423K $456K $330K $36K
2022 $301K $275K $334K $8K View 990
2021 $236K $246K $303K $2K View 990
2020 $210K $154K $366K $16K View 990
2019 $283K $215K $296K $9K View 990
2018 $253K $248K $224K $4K View 990
2017 $236K $195K $210K $0 View 990
2016 $87K $18K $170K $381
2015 $51K $0 $6K $101K View 990
2014 $39K $0 $50K $0 View 990
2013 $6K $0 $10K $0 View 990
2012 $-4,165 $0 $8K $4K View 990
2011 $-11,002 $0 $19K $7K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Dayton Literary Peace Prize 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.

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