Deitchman Charitable Foundation Inc
Deitchman Charitable Foundation consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 10641661 · Jupiter, FL · NTEE: T22 · Updated: 2026-03-28
Is Deitchman Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deitchman Charitable Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Deitchman Charitable Foundation Inc
Deitchman Charitable Foundation Inc (EIN: 10641661) is a nonprofit organization based in Jupiter, FL, classified under NTEE code T22. The organization reported total revenue of $716K and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deitchman Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deitchman Charitable Foundation Inc is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $405K |
| Total Expenses | $189K |
| Surplus / Deficit | +$216K |
| Total Assets | $3.9M |
| Total Liabilities | $1 |
| Net Assets | $3.9M |
| Operating Margin | 53.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 247.5 months |
Financial Health Grade: A
In 2023, Deitchman Charitable Foundation Inc reported a surplus of $216K with revenue exceeding expenses, holds 247.5 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), Deitchman Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 43.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.4% | +43.7% | +5.9% |
| 2022 | +61.6% | -47.0% | +13.4% |
| 2021 | +309.3% | +95.0% | +3.3% |
| 2020 | -89.8% | -40.6% | -1.3% |
| 2019 | +180.2% | +633.4% | +170.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Deitchman Charitable Foundation Inc 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, Deitchman Charitable Foundation Inc 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 $216K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly unusual for an organization of its asset size ($4.3 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 Deitchman Charitable Foundation Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data makes it hard to fully assess direct mission impact.
Strengths
The following positive indicators were identified for Deitchman Charitable Foundation Inc:
- Consistent asset growth, from $152,154 in 2011 to $4,367,279 currently.
- Extremely low liabilities, often reported as $1, indicating strong financial stability.
- 0% reported officer compensation across all filings, suggesting efficient use of funds.
- Positive net income in most years, with revenue significantly exceeding expenses (e.g., 2023 revenue $405,132 vs. expenses $188,641).
Frequently Asked Questions about Deitchman Charitable Foundation Inc
Is Deitchman Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Deitchman Charitable Foundation Inc (EIN: 10641661) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Deitchman Charitable Foundation Inc spend its money?
Deitchman Charitable Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Deitchman Charitable Foundation Inc tax-deductible?
Deitchman Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10641661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Deitchman Charitable Foundation Inc a good charity?
Based on the provided data, the Deitchman Charitable Foundation Inc appears to be a financially sound organization with strong asset growth, minimal liabilities, and no reported officer compensation, which are all positive indicators. However, without detailed program spending breakdowns, it's difficult to fully assess its direct impact.
How has the organization's financial health changed over time?
The organization has shown remarkable financial growth, with assets increasing from $152,154 in 2011 to $4,367,279 in the latest period. Revenue and expenses have fluctuated, but assets have consistently grown, indicating effective financial management and investment strategies.
What is the trend in revenue and expenses?
Revenue has been highly variable, ranging from $5,372 in 2011 to a peak of $838,704 in 2019, and $405,132 in 2023. Expenses have generally remained significantly lower than revenue in most years, allowing for substantial asset accumulation. For example, in 2023, expenses were $188,641 against $405,132 in revenue.
Filing History
IRS 990 filing history for Deitchman Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Deitchman Charitable Foundation Inc's revenue has grown by 7441.5%, moving from $5K to $405K. Total assets increased by 2457.5% over the same period, from $152K to $3.9M. Total functional expenses rose by 537.4%, from $30K to $189K. In its most recent filing year (2023), Deitchman Charitable Foundation Inc reported a surplus of $216K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $405K | $189K | $3.9M | $1 | — | — |
| 2022 | $566K | $131K | $3.7M | $1 | — | View 990 |
| 2021 | $350K | $248K | $3.2M | $1 | — | View 990 |
| 2020 | $85K | $127K | $3.1M | $1 | — | View 990 |
| 2019 | $839K | $214K | $3.2M | $0 | — | View 990 |
| 2015 | $299K | $29K | $1.2M | $0 | — | View 990 |
| 2014 | $597K | $37K | $908K | $0 | — | View 990 |
| 2013 | $239K | $33K | $348K | $0 | — | View 990 |
| 2012 | $7K | $17K | $142K | $0 | — | View 990 |
| 2011 | $5K | $30K | $152K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $405K, expenses of $189K, and assets of $3.9M (revenue -28.4% year-over-year).
- 2022: Revenue of $566K, expenses of $131K, and assets of $3.7M (revenue +61.6% year-over-year).
- 2021: Revenue of $350K, expenses of $248K, and assets of $3.2M (revenue +309.3% year-over-year).
- 2020: Revenue of $85K, expenses of $127K, and assets of $3.1M (revenue -89.8% year-over-year).
- 2019: Revenue of $839K, expenses of $214K, and assets of $3.2M (revenue +180.2% year-over-year).
- 2015: Revenue of $299K, expenses of $29K, and assets of $1.2M (revenue -49.9% year-over-year).
- 2014: Revenue of $597K, expenses of $37K, and assets of $908K (revenue +149.5% year-over-year).
- 2013: Revenue of $239K, expenses of $33K, and assets of $348K (revenue +3368.5% year-over-year).
- 2012: Revenue of $7K, expenses of $17K, and assets of $142K (revenue +28.5% year-over-year).
- 2011: Revenue of $5K, expenses of $30K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deitchman Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Deitchman Charitable 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.