Deep Foundations Institute
Deep Foundations Institute: Strong Financials, Room for Transparency
EIN: 222145952 · Hawthorne, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $4.2M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $4,180,540 |
| Net Assets | $2.2M |
| Transparency Score | 75/100 |
Is Deep Foundations Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deep Foundations Institute directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Deep Foundations Institute
Deep Foundations Institute (EIN: 222145952) is a nonprofit organization based in Hawthorne, NJ. The organization reported total revenue of $4.8M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deep Foundations Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deep Foundations Institute is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-194,274 |
| Total Assets | $3.8M |
| Total Liabilities | $1.6M |
| Net Assets | $2.2M |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 42.0% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Deep Foundations Institute reported a deficit of $194K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 42.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Deep Foundations Institute's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +5.5% | -9.8% |
| 2022 | +17.7% | +32.8% | -18.5% |
| 2021 | +69.3% | +48.8% | +19.7% |
| 2020 | -48.2% | -43.1% | -3.2% |
| 2019 | -5.0% | +4.8% | +25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
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 Deep Foundations Institute with a Mission Score of 75 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: 70%
- fundraising: 15%
According to IRS 990 filings, Deep Foundations Institute allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $194K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the organization's overall expenses of $4,180,540 in 2023 suggest a reasonable allocation for leadership given the organization's size and revenue.
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 Deep Foundations Institute's IRS 990 filings:
- Lack of detailed program spending breakdown beyond general expense categories.
- Limited information on specific program outcomes and impact on their public platforms.
Strengths
The following positive indicators were identified for Deep Foundations Institute:
- Consistent revenue generation over several years, with 2023 revenue at $3,986,266.
- Healthy asset base of $3,833,450 in 2023, indicating financial stability.
- Positive net assets, demonstrating good financial management.
Frequently Asked Questions about Deep Foundations Institute
Is Deep Foundations Institute a legitimate charity?
Deep Foundations Institute (EIN: 222145952) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.8M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Deep Foundations Institute spend its money?
Deep Foundations Institute directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Deep Foundations Institute tax-deductible?
Deep Foundations Institute is registered as a tax-exempt nonprofit (EIN: 222145952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Deep Foundations Institute CEO make?
Deep Foundations Institute's highest-compensated officer earns $4,180,540 annually. The organization reported $4.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Deep Foundations Institute's spending goes to programs?
Deep Foundations Institute directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Deep Foundations Institute located?
Deep Foundations Institute is headquartered in Hawthorne, New Jersey and files with the IRS under EIN 222145952.
How many years of IRS 990 filings does Deep Foundations Institute have?
Deep Foundations Institute 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 $4.8M in total revenue.
What does Deep Foundations Institute do?
Deep Foundations Institute is a nonprofit organization in the Unknown sector, located in Hawthorne, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Deep Foundations Institute have?
Deep Foundations Institute reported total revenue of $4,834,633. Based on 13 IRS 990 filings on record.
What are Deep Foundations Institute's total assets?
Deep Foundations Institute holds total assets of $3,955,146 as reported in IRS 990 filings.
Where is Deep Foundations Institute located?
Deep Foundations Institute is based in Hawthorne, New Jersey.
What is Deep Foundations Institute's EIN?
Deep Foundations Institute's Employer Identification Number (EIN) is 222145952. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Deep Foundations Institute?
Deep Foundations Institute is classified under NTEE code Unknown (Unknown).
Is Deep Foundations Institute a registered 501(c)(3)?
Deep Foundations Institute appears in IRS records (EIN: 222145952). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Deep Foundations Institute file IRS Form 990?
Yes, Deep Foundations Institute has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Deep Foundations Institute's revenue in 2023?
In the 202312 filing period, Deep Foundations Institute reported total revenue of $3,986,266, total expenses of $4,180,540, and net assets of $3,833,450.
Is Deep Foundations Institute's revenue growing or declining?
Deep Foundations Institute's revenue is growing. Revenue went from $3,624,726 (202212) to $3,986,266 (202312), a +10.0% change. Based on 13 filings on record.
What is Deep Foundations Institute's most recent 990 filing?
The most recent IRS Form 990 filing for Deep Foundations Institute covers tax period 202312. It shows revenue of $3,986,266, expenses of $4,180,540, total assets of $3,833,450, and liabilities of $1,611,405.
How much does Deep Foundations Institute spend on programs vs administration?
Based on IRS 990 analysis, Deep Foundations Institute allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Deep Foundations Institute a trustworthy charity?
Based on AI analysis of IRS 990 data, Deep Foundations Institute appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Deep Foundations Institute?
The following concerns were identified: Lack of detailed program spending breakdown beyond general expense categories.. Limited information on specific program outcomes and impact on their public platforms.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Deep Foundations Institute's strengths?
Positive indicators for Deep Foundations Institute include: Consistent revenue generation over several years, with 2023 revenue at $3,986,266.. Healthy asset base of $3,833,450 in 2023, indicating financial stability.. Positive net assets, demonstrating good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Deep Foundations Institute compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the organization's overall expenses of $4,180,540 in 2023 suggest a reasonable allocation for leadership given the organization's size and revenue. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Deep Foundations Institute measure and report the impact of its programs, given the lack of specific program details in public filings?
While the provided data shows overall expenses, it lacks specific program impact metrics. A deeper dive into their annual reports or direct communication would be needed to understand their impact measurement strategies.
What is the strategy behind the fluctuation in total assets, which saw a decrease from $5,212,450 in 2021 to $3,833,450 in 2023?
The decrease in total assets could be due to various factors such as investment performance, asset depreciation, or strategic spending on initiatives. Without further context, it's difficult to pinpoint the exact cause.
Filing History
IRS 990 filing history for Deep Foundations Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deep Foundations Institute's revenue has grown by 110.2%, moving from $1.9M to $4.0M. Total assets increased by 79.1% over the same period, from $2.1M to $3.8M. Total functional expenses rose by 141.2%, from $1.7M to $4.2M. In its most recent filing year (2023), Deep Foundations Institute reported a deficit of $194K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $3.8M in assets (debt-to-asset ratio: 42.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $4.2M | $3.8M | $1.6M | — | — |
| 2022 | $3.6M | $4.0M | $4.3M | $2.1M | — | — |
| 2021 | $3.1M | $3.0M | $5.2M | $2.2M | — | View 990 |
| 2020 | $1.8M | $2.0M | $4.4M | $1.7M | — | — |
| 2019 | $3.5M | $3.5M | $4.5M | $1.8M | — | View 990 |
| 2018 | $3.7M | $3.4M | $3.6M | $1.3M | — | View 990 |
| 2017 | $3.2M | $2.8M | $3.6M | $1.4M | — | View 990 |
| 2016 | $3.0M | $3.0M | $3.2M | $1.4M | — | View 990 |
| 2015 | $2.9M | $2.7M | $2.8M | $1.1M | — | View 990 |
| 2014 | $2.8M | $2.6M | $2.9M | $1.4M | — | View 990 |
| 2013 | $2.3M | $2.5M | $2.3M | $871K | — | View 990 |
| 2012 | $2.8M | $2.5M | $2.5M | $948K | — | View 990 |
| 2011 | $1.9M | $1.7M | $2.1M | $955K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $4.2M, and assets of $3.8M (revenue +10.0% year-over-year).
- 2022: Revenue of $3.6M, expenses of $4.0M, and assets of $4.3M (revenue +17.7% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.0M, and assets of $5.2M (revenue +69.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.0M, and assets of $4.4M (revenue -48.2% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.5M, and assets of $4.5M (revenue -5.0% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.4M, and assets of $3.6M (revenue +15.3% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.8M, and assets of $3.6M (revenue +8.3% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $3.2M (revenue +2.0% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.7M, and assets of $2.8M (revenue +3.9% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.6M, and assets of $2.9M (revenue +22.9% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.5M, and assets of $2.3M (revenue -19.3% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.5M, and assets of $2.5M (revenue +48.6% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deep Foundations Institute:
Data Sources and Methodology
This transparency report for Deep Foundations Institute 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.