Dea Family Foundation
Dea Family Foundation consistently operates without officer compensation, drawing on assets to fund grants amidst fluctuating revenue.
EIN: 208005948 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $415K |
| Program Spending | 90% |
| Net Assets | $4.1M |
| Transparency Score | 85/100 |
Is Dea Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dea Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dea Family Foundation
Dea Family Foundation (EIN: 208005948) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dea Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dea Family Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -21.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $415K |
| Surplus / Deficit | $-225,978 |
| Total Assets | $4.1M |
| Total Liabilities | $1 |
| Net Assets | $4.1M |
| Operating Margin | -119.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 118.3 months |
Financial Health Grade: B
In 2023, Dea Family Foundation reported a deficit of $226K with expenses exceeding revenue, holds 118.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dea Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.5% | +7.1% | -5.2% |
| 2022 | -73.4% | +4.7% | -5.1% |
| 2021 | +84.0% | +23.8% | +4.4% |
| 2020 | +19.4% | +4.6% | +0.1% |
| 2019 | -16.7% | +100.3% | +3.1% |
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 Dea Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dea Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $226K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size.
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 Dea Family Foundation's IRS 990 filings:
- Consistent expenses exceeding revenue in recent years (e.g., 2023 expenses $414,979 vs. revenue $189,001), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Dea Family Foundation:
- Zero officer compensation reported across all filings, indicating highly efficient leadership costs.
- Consistently low liabilities ($0-$738), demonstrating strong financial management and minimal debt.
- Stable asset base of approximately $4 million over a decade, providing a solid financial foundation for grant-making.
- Consistent 990 filing history, indicating good transparency.
Frequently Asked Questions about Dea Family Foundation
Is Dea Family Foundation a legitimate charity?
Dea Family Foundation (EIN: 208005948) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.4M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Dea Family Foundation spend its money?
Dea Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dea Family Foundation tax-deductible?
Dea Family Foundation is registered as a tax-exempt nonprofit (EIN: 208005948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dea Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dea Family 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 Dea Family Foundation located?
Dea Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208005948. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dea Family Foundation have?
Dea Family Foundation has 10 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 $1.4M in total revenue.
Is the Dea Family Foundation a good charity?
Based on the available data, the Dea Family Foundation appears to be a well-managed grant-making organization. It consistently reports no officer compensation, maintains low liabilities, and has a stable asset base, all of which are positive indicators of financial health and mission focus.
How does the foundation sustain its operations given expenses often exceed revenue?
The foundation sustains its operations by drawing from its substantial asset base, which has consistently been around $4 million. This is a common practice for foundations, allowing them to make grants even in years with lower investment income or contributions.
What is the trend in the foundation's assets?
The foundation's assets have remained relatively stable over the past decade, fluctuating around $4 million. For example, assets were $4,017,807 in the latest period and $3,983,480 in 2011, indicating prudent management of its endowment.
Filing History
IRS 990 filing history for Dea Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dea Family Foundation's revenue has declined by 94.7%, moving from $3.6M to $189K. Total assets increased by 2.7% over the same period, from $4.0M to $4.1M. Total functional expenses rose by 3.3%, from $402K to $415K. In its most recent filing year (2023), Dea Family Foundation reported a deficit of $226K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $415K | $4.1M | $1 | — | — |
| 2022 | $149K | $387K | $4.3M | $446 | — | View 990 |
| 2021 | $562K | $370K | $4.5M | $738 | — | View 990 |
| 2020 | $305K | $299K | $4.4M | $1 | — | — |
| 2019 | $256K | $286K | $4.4M | $510 | — | View 990 |
| 2015 | $307K | $143K | $4.2M | $1 | — | View 990 |
| 2014 | $196K | $362K | $4.0M | $1 | — | View 990 |
| 2013 | $662K | $302K | $4.2M | $1 | — | View 990 |
| 2012 | $50K | $196K | $3.8M | $1 | — | View 990 |
| 2011 | $3.6M | $402K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $415K, and assets of $4.1M (revenue +26.5% year-over-year).
- 2022: Revenue of $149K, expenses of $387K, and assets of $4.3M (revenue -73.4% year-over-year).
- 2021: Revenue of $562K, expenses of $370K, and assets of $4.5M (revenue +84.0% year-over-year).
- 2020: Revenue of $305K, expenses of $299K, and assets of $4.4M (revenue +19.4% year-over-year).
- 2019: Revenue of $256K, expenses of $286K, and assets of $4.4M (revenue -16.7% year-over-year).
- 2015: Revenue of $307K, expenses of $143K, and assets of $4.2M (revenue +56.9% year-over-year).
- 2014: Revenue of $196K, expenses of $362K, and assets of $4.0M (revenue -70.5% year-over-year).
- 2013: Revenue of $662K, expenses of $302K, and assets of $4.2M (revenue +1215.6% year-over-year).
- 2012: Revenue of $50K, expenses of $196K, and assets of $3.8M (revenue -98.6% year-over-year).
- 2011: Revenue of $3.6M, expenses of $402K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dea Family Foundation:
Data Sources and Methodology
This transparency report for Dea Family 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.