Dds Foundation
Dds Foundation maintains strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 134089802 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4.18 |
| Net Assets | $33.1M |
| Transparency Score | 92/100 |
Is Dds Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dds Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dds Foundation
Dds Foundation (EIN: 134089802) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $4.2M and total assets of $33.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dds Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dds Foundation is a mid-size nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$415K |
| Total Assets | $33.1M |
| Total Liabilities | $1 |
| Net Assets | $33.1M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 112.7 months |
Financial Health Grade: A
In 2023, Dds Foundation reported a surplus of $415K with revenue exceeding expenses, holds 112.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Dds Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1162.1% | +307.0% | +1.2% |
| 2022 | -92.3% | -75.3% | -1.8% |
| 2022 | -20.3% | +11.9% | +1.6% |
| 2021 | +54.8% | +16.8% | +6.3% |
| 2020 | +7.7% | +4.9% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Dds 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
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Dds Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 surplus of $415K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size ($4.18 million latest revenue, $33.39 million assets). This suggests either pro bono leadership, compensation being paid by a related entity, or a unique operational structure, warranting further investigation for complete 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 Dds Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size, which may obscure actual leadership costs or structure.
- Significant revenue fluctuation in 202212 period without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Dds Foundation:
- Exceptional asset growth, increasing from $13.9 million in 2012 to over $33 million in 2023.
- Extremely low liabilities, often reported as $1, indicating strong financial management and minimal debt.
- Consistent positive net income (revenue exceeding expenses) in most periods, contributing to asset accumulation.
- Strong program focus implied by the absence of reported officer compensation, suggesting resources are directed towards the mission.
Frequently Asked Questions about Dds Foundation
Is Dds Foundation a legitimate charity?
Dds Foundation (EIN: 134089802) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Dds Foundation spend its money?
Dds Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Dds Foundation tax-deductible?
Dds Foundation is registered as a tax-exempt nonprofit (EIN: 134089802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dds Foundation CEO make?
Dds Foundation's highest-compensated officer earns $4.18 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Dds Foundation's spending goes to programs?
Dds Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dds Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Dds Foundation 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 Dds Foundation located?
Dds Foundation is headquartered in New York, New York and files with the IRS under EIN 134089802. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dds Foundation have?
Dds Foundation has 11 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 $4.2M in total revenue.
How does Dds Foundation manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with millions in revenue and assets. This could indicate that executive services are provided on a pro bono basis, or that compensation is paid through a related entity not directly reflected in the 'officer compensation' line item on the 990.
What caused the significant revenue drop in the 202212 period ($312,065) compared to surrounding periods?
The 202212 filing shows a sharp decline in revenue to $312,065, significantly lower than the $4,038,212 reported in 202206 and $3,938,428 in 202312. This anomaly might be due to a change in fiscal year end, a reporting error, or a temporary disruption in funding that was quickly recovered.
What is the primary source of Dds Foundation's revenue?
While the filings show total revenue, the specific breakdown of revenue sources (e.g., grants, contributions, investment income) is not provided in this summary. Given the substantial assets, investment income could be a significant contributor.
Filing History
IRS 990 filing history for Dds Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Dds Foundation's revenue has declined by 40.1%, moving from $6.6M to $3.9M. Total assets increased by 136.1% over the same period, from $14.0M to $33.1M. Total functional expenses rose by 70.7%, from $2.1M to $3.5M. In its most recent filing year (2023), Dds Foundation reported a surplus of $415K, with revenue exceeding expenses. The organization holds $1 in liabilities against $33.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.5M | $33.1M | $1 | — | View 990 |
| 2022 | $312K | $866K | $32.7M | $4K | — | View 990 |
| 2022 | $4.0M | $3.5M | $33.3M | $1 | — | View 990 |
| 2021 | $5.1M | $3.1M | $32.8M | $1 | — | View 990 |
| 2020 | $3.3M | $2.7M | $30.8M | $1 | — | View 990 |
| 2019 | $3.0M | $2.6M | $30.2M | $0 | — | View 990 |
| 2015 | $4.3M | $2.6M | $19.7M | $0 | — | View 990 |
| 2014 | $5.2M | $2.2M | $17.9M | $0 | — | View 990 |
| 2013 | $3.5M | $2.4M | $14.9M | $0 | — | View 990 |
| 2012 | $1.0M | $1.1M | $13.9M | $0 | — | View 990 |
| 2011 | $6.6M | $2.1M | $14.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.5M, and assets of $33.1M (revenue +1162.1% year-over-year).
- 2022: Revenue of $312K, expenses of $866K, and assets of $32.7M (revenue -92.3% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.5M, and assets of $33.3M (revenue -20.3% year-over-year).
- 2021: Revenue of $5.1M, expenses of $3.1M, and assets of $32.8M (revenue +54.8% year-over-year).
- 2020: Revenue of $3.3M, expenses of $2.7M, and assets of $30.8M (revenue +7.7% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.6M, and assets of $30.2M (revenue -30.0% year-over-year).
- 2015: Revenue of $4.3M, expenses of $2.6M, and assets of $19.7M (revenue -16.0% year-over-year).
- 2014: Revenue of $5.2M, expenses of $2.2M, and assets of $17.9M (revenue +48.6% year-over-year).
- 2013: Revenue of $3.5M, expenses of $2.4M, and assets of $14.9M (revenue +234.7% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $13.9M (revenue -84.2% year-over-year).
- 2011: Revenue of $6.6M, expenses of $2.1M, and assets of $14.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dds Foundation:
Data Sources and Methodology
This transparency report for Dds 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.