Deep Foundations Instituteeducational Trust
Deep Foundations Institute Educational Trust consistently maintains strong assets and low expenses with no reported officer compensation.
EIN: 204021399 · Hawthorne, NJ · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $241K |
| Program Spending | 85% |
| Net Assets | $4.7M |
| Transparency Score | 90/100 |
Is Deep Foundations Instituteeducational Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deep Foundations Instituteeducational Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deep Foundations Instituteeducational Trust
Deep Foundations Instituteeducational Trust (EIN: 204021399) is a nonprofit organization based in Hawthorne, NJ, classified under NTEE code B82. The organization reported total revenue of $1.6M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deep Foundations Instituteeducational Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deep Foundations Instituteeducational Trust is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $241K |
| Surplus / Deficit | +$111K |
| Total Assets | $4.7M |
| Total Liabilities | $10K |
| Net Assets | $4.7M |
| Operating Margin | 31.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 232.4 months |
Financial Health Grade: A
In 2023, Deep Foundations Instituteeducational Trust reported a surplus of $111K with revenue exceeding expenses, holds 232.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Deep Foundations Instituteeducational Trust's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.6% | -29.9% | +13.3% |
| 2022 | +7.8% | +41.9% | -17.9% |
| 2021 | +0.3% | +15.1% | +11.6% |
| 2020 | -8.1% | -11.1% | +11.1% |
| 2019 | -9.4% | -26.6% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Instituteeducational Trust with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Deep Foundations Instituteeducational Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $111K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for resource allocation to programs.
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.
Strengths
The following positive indicators were identified for Deep Foundations Instituteeducational Trust:
- Consistent asset growth, from $2.3M in 2014 to over $5M currently.
- Very low expenses relative to revenue, indicating efficient operations.
- No reported officer compensation across all filings, suggesting volunteer leadership or highly modest compensation.
- Healthy financial reserves, with assets significantly exceeding liabilities (e.g., $5,097,573 assets vs. $9,929 liabilities in 2023).
- Stable financial management over a long period (13 filings analyzed).
Frequently Asked Questions about Deep Foundations Instituteeducational Trust
Is Deep Foundations Instituteeducational Trust a legitimate charity?
Deep Foundations Instituteeducational Trust (EIN: 204021399) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Deep Foundations Instituteeducational Trust spend its money?
Deep Foundations Instituteeducational Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Deep Foundations Instituteeducational Trust tax-deductible?
Deep Foundations Instituteeducational Trust is registered as a tax-exempt nonprofit (EIN: 204021399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Deep Foundations Instituteeducational Trust's spending goes to programs?
Deep Foundations Instituteeducational Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Deep Foundations Instituteeducational Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Deep Foundations Instituteeducational Trust is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Deep Foundations Instituteeducational Trust located?
Deep Foundations Instituteeducational Trust is headquartered in Hawthorne, New Jersey and files with the IRS under EIN 204021399. It is classified under NTEE code B82.
How many years of IRS 990 filings does Deep Foundations Instituteeducational Trust have?
Deep Foundations Instituteeducational Trust 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 $1.6M in total revenue.
Is Deep Foundations Institute Educational Trust a good charity?
Based on the provided financial data, the Deep Foundations Institute Educational Trust appears to be a very good charity. It consistently maintains strong assets, keeps expenses low relative to revenue, and reports no officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $2,328,917 in 2014 to $5,097,573 currently. While revenue has fluctuated, expenses have consistently been well managed, leading to consistent asset growth.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency. For example, in 2023, expenses were $240,707 against revenue of $351,259, and in 2022, expenses were $343,533 against revenue of $471,841. This indicates a significant portion of revenue is either saved or directly applied to programs, with low overhead.
Filing History
IRS 990 filing history for Deep Foundations Instituteeducational Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deep Foundations Instituteeducational Trust's revenue has grown by 31.5%, moving from $267K to $351K. Total assets increased by 203.6% over the same period, from $1.5M to $4.7M. Total functional expenses rose by 89%, from $127K to $241K. In its most recent filing year (2023), Deep Foundations Instituteeducational Trust reported a surplus of $111K, with revenue exceeding expenses. The organization holds $10K in liabilities against $4.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $241K | $4.7M | $10K | — | — |
| 2022 | $472K | $344K | $4.1M | $9K | — | — |
| 2021 | $438K | $242K | $5.0M | $118K | — | View 990 |
| 2020 | $436K | $210K | $4.5M | $22K | — | View 990 |
| 2019 | $475K | $236K | $4.0M | $38K | — | View 990 |
| 2018 | $524K | $322K | $3.4M | $80K | — | View 990 |
| 2017 | $443K | $303K | $3.5M | $32K | — | View 990 |
| 2016 | $508K | $260K | $3.1M | $19K | — | View 990 |
| 2015 | $624K | $240K | $2.7M | $16K | — | View 990 |
| 2014 | $791K | $205K | $2.3M | $3K | — | View 990 |
| 2013 | $393K | $195K | $1.8M | $149 | — | View 990 |
| 2012 | $256K | $156K | $1.7M | $3K | — | View 990 |
| 2011 | $267K | $127K | $1.5M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $241K, and assets of $4.7M (revenue -25.6% year-over-year).
- 2022: Revenue of $472K, expenses of $344K, and assets of $4.1M (revenue +7.8% year-over-year).
- 2021: Revenue of $438K, expenses of $242K, and assets of $5.0M (revenue +0.3% year-over-year).
- 2020: Revenue of $436K, expenses of $210K, and assets of $4.5M (revenue -8.1% year-over-year).
- 2019: Revenue of $475K, expenses of $236K, and assets of $4.0M (revenue -9.4% year-over-year).
- 2018: Revenue of $524K, expenses of $322K, and assets of $3.4M (revenue +18.3% year-over-year).
- 2017: Revenue of $443K, expenses of $303K, and assets of $3.5M (revenue -12.8% year-over-year).
- 2016: Revenue of $508K, expenses of $260K, and assets of $3.1M (revenue -18.6% year-over-year).
- 2015: Revenue of $624K, expenses of $240K, and assets of $2.7M (revenue -21.0% year-over-year).
- 2014: Revenue of $791K, expenses of $205K, and assets of $2.3M (revenue +101.4% year-over-year).
- 2013: Revenue of $393K, expenses of $195K, and assets of $1.8M (revenue +53.5% year-over-year).
- 2012: Revenue of $256K, expenses of $156K, and assets of $1.7M (revenue -4.2% year-over-year).
- 2011: Revenue of $267K, expenses of $127K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deep Foundations Instituteeducational Trust:
Data Sources and Methodology
This transparency report for Deep Foundations Instituteeducational 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.