Dealy Foundation Inc
Dealy Foundation consistently spends more than it earns, drawing down on substantial assets.
EIN: 200495176 · Annapolis, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $371K |
| Total Expenses | $159K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $2.3M |
| Transparency Score | 70/100 |
Is Dealy Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dealy Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dealy Foundation Inc
Dealy Foundation Inc (EIN: 200495176) is a nonprofit organization based in Annapolis, MD, classified under NTEE code T22. The organization reported total revenue of $371K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dealy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dealy Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $159K |
| Surplus / Deficit | $-123,746 |
| Total Assets | $2.3M |
| Total Liabilities | $381 |
| Net Assets | $2.3M |
| Operating Margin | -354.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 175.4 months |
Financial Health Grade: B
In 2023, Dealy Foundation Inc reported a deficit of $124K with expenses exceeding revenue, holds 175.4 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), Dealy Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.9% | -6.4% | +9.7% |
| 2022 | -90.2% | +11.5% | -25.6% |
| 2021 | +348.0% | -6.2% | +8.5% |
| 2020 | -58.2% | -3.1% | +8.7% |
| 2019 | -17.1% | +18.8% | +14.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Dealy Foundation Inc with a Mission Score of 70 out of 100 (Good). 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, Dealy 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for minimizing administrative costs relative to the organization's size and asset base of over $2.5 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 Dealy Foundation Inc's IRS 990 filings:
- Consistent operational deficits where expenses significantly exceed revenue (e.g., 2023: $158,662 expenses vs. $34,916 revenue).
- Declining asset base in recent years (from $2,841,019 in 2021 to $2,319,349 in 2023), potentially due to covering deficits.
Strengths
The following positive indicators were identified for Dealy Foundation Inc:
- Strong asset base ($2,524,998 latest assets) providing financial stability.
- Zero officer compensation reported across all filings, indicating low administrative overhead.
- Consistent IRS 990 filing history demonstrates transparency and compliance.
- Low liabilities across all reported periods, indicating good financial management of debt.
Frequently Asked Questions about Dealy Foundation Inc
Is Dealy Foundation Inc a legitimate charity?
Dealy Foundation Inc (EIN: 200495176) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $371K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Dealy Foundation Inc spend its money?
Dealy Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dealy Foundation Inc tax-deductible?
Dealy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200495176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dealy Foundation Inc CEO make?
Dealy Foundation Inc's highest-compensated officer earns $2.5 annually. The organization reported $371K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Dealy Foundation Inc's spending goes to programs?
Dealy Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dealy Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Dealy 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 Dealy Foundation Inc located?
Dealy Foundation Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 200495176. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dealy Foundation Inc have?
Dealy Foundation Inc 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 $371K in total revenue.
How does Dealy Foundation Inc. cover its operational deficits?
The organization consistently reports expenses exceeding revenue, such as $158,662 in expenses vs. $34,916 in revenue in 2023. This suggests it is likely drawing from its substantial asset base ($2,524,998 latest assets) to cover operational costs.
What is the long-term sustainability of Dealy Foundation Inc.'s financial model?
While the foundation has significant assets, the recurring trend of expenses outstripping revenue (e.g., $169,601 expenses vs. $27,729 revenue in 2022) raises questions about the long-term sustainability if this trend continues without a substantial increase in revenue or reduction in expenses.
Does Dealy Foundation Inc. pay its officers?
No, all available IRS 990 filings consistently report 0% officer compensation, indicating a volunteer-led executive structure.
Filing History
IRS 990 filing history for Dealy Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dealy Foundation Inc's revenue has declined by 79%, moving from $167K to $35K. Total assets increased by 25% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 34.9%, from $118K to $159K. In its most recent filing year (2023), Dealy Foundation Inc reported a deficit of $124K, with expenses exceeding revenue. The organization holds $381 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $159K | $2.3M | $381 | — | — |
| 2022 | $28K | $170K | $2.1M | $3K | — | View 990 |
| 2021 | $284K | $152K | $2.8M | $2K | — | View 990 |
| 2020 | $63K | $162K | $2.6M | $796 | — | View 990 |
| 2019 | $151K | $167K | $2.4M | $466 | — | View 990 |
| 2015 | $183K | $141K | $2.1M | $2K | — | View 990 |
| 2014 | $193K | $140K | $2.2M | $1K | — | View 990 |
| 2013 | $195K | $140K | $2.1M | $55 | — | View 990 |
| 2012 | $178K | $132K | $2.1M | $1K | — | View 990 |
| 2011 | $167K | $118K | $1.9M | $55 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $159K, and assets of $2.3M (revenue +25.9% year-over-year).
- 2022: Revenue of $28K, expenses of $170K, and assets of $2.1M (revenue -90.2% year-over-year).
- 2021: Revenue of $284K, expenses of $152K, and assets of $2.8M (revenue +348.0% year-over-year).
- 2020: Revenue of $63K, expenses of $162K, and assets of $2.6M (revenue -58.2% year-over-year).
- 2019: Revenue of $151K, expenses of $167K, and assets of $2.4M (revenue -17.1% year-over-year).
- 2015: Revenue of $183K, expenses of $141K, and assets of $2.1M (revenue -5.2% year-over-year).
- 2014: Revenue of $193K, expenses of $140K, and assets of $2.2M (revenue -1.2% year-over-year).
- 2013: Revenue of $195K, expenses of $140K, and assets of $2.1M (revenue +9.4% year-over-year).
- 2012: Revenue of $178K, expenses of $132K, and assets of $2.1M (revenue +7.0% year-over-year).
- 2011: Revenue of $167K, expenses of $118K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dealy Foundation Inc:
Data Sources and Methodology
This transparency report for Dealy 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.