Dechomai Asset Trust
EIN: 260724604 · Jacksonville, FL · NTEE: T30
Is Dechomai Asset Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dechomai Asset Trust
Dechomai Asset Trust (EIN: 260724604) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code T30. The organization reported total revenue of $716.6M and total assets of $1.5B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dechomai Asset Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dechomai Asset Trust is a major nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 44.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $837.0M |
| Total Expenses | $342.0M |
| Surplus / Deficit | +$495.0M |
| Total Assets | $1.6B |
| Total Liabilities | $30.2M |
| Net Assets | $1.6B |
| Operating Margin | 59.1% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 57.8 months |
Financial Health Grade: A
In 2023, Dechomai Asset Trust reported a surplus of $495.0M with revenue exceeding expenses, holds 57.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Dechomai Asset Trust's revenue has grown at a compound annual growth rate (CAGR) of 44.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.3% | -29.0% | +42.1% |
| 2022 | -55.3% | +24.1% | -6.3% |
| 2021 | +169.9% | +148.8% | +123.3% |
| 2020 | +102.9% | +3.3% | +63.6% |
| 2019 | -28.6% | +35.6% | +12.7% |
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 Analysis Pending
AI enrichment for Dechomai Asset Trust 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 Dechomai Asset Trust 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 surplus of $495.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Dechomai Asset Trust
Is Dechomai Asset Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Dechomai Asset Trust (EIN: 260724604) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dechomai Asset Trust spend its money?
Detailed spending breakdown data is not yet available for Dechomai Asset Trust. Check back for updated IRS 990 analysis.
Are donations to Dechomai Asset Trust tax-deductible?
Dechomai Asset Trust is registered as a tax-exempt nonprofit (EIN: 260724604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Dechomai Asset Trust showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Dechomai Asset Trust's revenue has grown by 8193.1%, moving from $10.1M to $837.0M. Total assets increased by 15171.4% over the same period, from $10.8M to $1.6B. Total functional expenses rose by 14045.2%, from $2.4M to $342.0M. In its most recent filing year (2023), Dechomai Asset Trust reported a surplus of $495.0M, with revenue exceeding expenses. The organization holds $30.2M in liabilities against $1.6B in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $1.6B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $837.0M | $342.0M | $1.6B | $30.2M | — | — |
| 2022 | $459.1M | $481.7M | $1.2B | $37.1M | — | View 990 |
| 2021 | $1.0B | $388.1M | $1.2B | $89.9M | — | View 990 |
| 2020 | $380.2M | $156.0M | $554.3M | $8.3M | — | — |
| 2019 | $187.4M | $151.0M | $338.8M | $6.4M | — | View 990 |
| 2018 | $262.3M | $111.3M | $300.7M | $16.3M | — | View 990 |
| 2017 | $124.3M | $75.6M | $155.9M | $23.8M | — | View 990 |
| 2016 | $83.0M | $64.5M | $102.0M | $18.4M | — | View 990 |
| 2014 | $10.3M | $25.2M | $51.1M | $682K | — | View 990 |
| 2013 | $36.3M | $16.7M | $72.8M | $11.2M | — | View 990 |
| 2012 | $42.6M | $10.4M | $42.9M | $165K | — | View 990 |
| 2011 | $10.1M | $2.4M | $10.8M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $837.0M, expenses of $342.0M, and assets of $1.6B (revenue +82.3% year-over-year).
- 2022: Revenue of $459.1M, expenses of $481.7M, and assets of $1.2B (revenue -55.3% year-over-year).
- 2021: Revenue of $1.0B, expenses of $388.1M, and assets of $1.2B (revenue +169.9% year-over-year).
- 2020: Revenue of $380.2M, expenses of $156.0M, and assets of $554.3M (revenue +102.9% year-over-year).
- 2019: Revenue of $187.4M, expenses of $151.0M, and assets of $338.8M (revenue -28.6% year-over-year).
- 2018: Revenue of $262.3M, expenses of $111.3M, and assets of $300.7M (revenue +110.9% year-over-year).
- 2017: Revenue of $124.3M, expenses of $75.6M, and assets of $155.9M (revenue +49.8% year-over-year).
- 2016: Revenue of $83.0M, expenses of $64.5M, and assets of $102.0M (revenue +704.9% year-over-year).
- 2014: Revenue of $10.3M, expenses of $25.2M, and assets of $51.1M (revenue -71.6% year-over-year).
- 2013: Revenue of $36.3M, expenses of $16.7M, and assets of $72.8M (revenue -14.9% year-over-year).
- 2012: Revenue of $42.6M, expenses of $10.4M, and assets of $42.9M (revenue +322.6% year-over-year).
- 2011: Revenue of $10.1M, expenses of $2.4M, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dechomai Asset Trust:
Data Sources and Methodology
This transparency report for Dechomai Asset Trust 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.