Dearborn Education Foundation
EIN: 363857599 · Dearborn, MI
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $285K |
| Net Assets | $96K |
Is Dearborn Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dearborn Education Foundation
Dearborn Education Foundation (EIN: 363857599) is a nonprofit organization based in Dearborn, MI. The organization reported total revenue of $356K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dearborn Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dearborn Education Foundation is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $285K |
| Surplus / Deficit | $-16,187 |
| Total Assets | $114K |
| Total Liabilities | $18K |
| Net Assets | $96K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 16.2% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Dearborn Education Foundation reported a deficit of $16K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 16.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dearborn Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.7% | +49.4% | -7.2% |
| 2022 | -17.7% | +17.4% | -15.4% |
| 2021 | +84.6% | -12.8% | +41.7% |
| 2020 | -43.2% | -4.9% | -43.9% |
| 2019 | +46.0% | +23.3% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dearborn Education Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dearborn Education Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.2%.
Frequently Asked Questions about Dearborn Education Foundation
Is Dearborn Education Foundation a legitimate charity?
Dearborn Education Foundation (EIN: 363857599) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $356K. No red flags identified. Financial health grade: B.
How does Dearborn Education Foundation spend its money?
Dearborn Education Foundation reported $356K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dearborn Education Foundation tax-deductible?
Dearborn Education Foundation is registered as a tax-exempt nonprofit (EIN: 363857599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dearborn Education Foundation located?
Dearborn Education Foundation is headquartered in Dearborn, Michigan and files with the IRS under EIN 363857599.
How many years of IRS 990 filings does Dearborn Education Foundation have?
Dearborn Education Foundation has 13 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 $356K in total revenue.
Filing History
IRS 990 filing history for Dearborn Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dearborn Education Foundation's revenue has grown by 25.5%, moving from $214K to $268K. Total assets increased by 7.5% over the same period, from $106K to $114K. Total functional expenses rose by 109.2%, from $136K to $285K. In its most recent filing year (2023), Dearborn Education Foundation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $18K in liabilities against $114K in assets (debt-to-asset ratio: 16.2%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268K | $285K | $114K | $18K | — | — |
| 2022 | $170K | $191K | $123K | $13K | — | View 990 |
| 2021 | $207K | $162K | $146K | $15K | — | View 990 |
| 2020 | $112K | $186K | $103K | $17K | — | View 990 |
| 2019 | $197K | $196K | $183K | $23K | — | View 990 |
| 2018 | $135K | $159K | $170K | $12K | — | View 990 |
| 2017 | $145K | $165K | $196K | $15K | — | View 990 |
| 2016 | $169K | $155K | $225K | $23K | — | View 990 |
| 2015 | $178K | $231K | $187K | $0 | — | View 990 |
| 2014 | $243K | $149K | $249K | $8K | — | View 990 |
| 2013 | $204K | $155K | $147K | $0 | — | View 990 |
| 2012 | $163K | $172K | $98K | $0 | — | View 990 |
| 2011 | $214K | $136K | $106K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $268K, expenses of $285K, and assets of $114K (revenue +57.7% year-over-year).
- 2022: Revenue of $170K, expenses of $191K, and assets of $123K (revenue -17.7% year-over-year).
- 2021: Revenue of $207K, expenses of $162K, and assets of $146K (revenue +84.6% year-over-year).
- 2020: Revenue of $112K, expenses of $186K, and assets of $103K (revenue -43.2% year-over-year).
- 2019: Revenue of $197K, expenses of $196K, and assets of $183K (revenue +46.0% year-over-year).
- 2018: Revenue of $135K, expenses of $159K, and assets of $170K (revenue -6.8% year-over-year).
- 2017: Revenue of $145K, expenses of $165K, and assets of $196K (revenue -14.1% year-over-year).
- 2016: Revenue of $169K, expenses of $155K, and assets of $225K (revenue -4.8% year-over-year).
- 2015: Revenue of $178K, expenses of $231K, and assets of $187K (revenue -26.8% year-over-year).
- 2014: Revenue of $243K, expenses of $149K, and assets of $249K (revenue +18.8% year-over-year).
- 2013: Revenue of $204K, expenses of $155K, and assets of $147K (revenue +24.9% year-over-year).
- 2012: Revenue of $163K, expenses of $172K, and assets of $98K (revenue -23.6% year-over-year).
- 2011: Revenue of $214K, expenses of $136K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dearborn Education Foundation:
Data Sources and Methodology
This transparency report for Dearborn Education 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.