Delaware Financial Education Allian
Delaware Financial Education Alliance: Strong Mission, Volatile Finances
EIN: 222549908 · Dover, DE · NTEE: W60Z · Updated: 2026-04-04
Is Delaware Financial Education Allian Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delaware Financial Education Allian directs 77% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delaware Financial Education Allian
Delaware Financial Education Allian (EIN: 222549908) is a nonprofit organization based in Dover, DE, classified under NTEE code W60Z. The organization reported total revenue of $685K and total assets of $959K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Financial Education Allian's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Delaware Financial Education Allian with a Mission Score of 85 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: 13%
- programs: 77%
- fundraising: 10%
According to IRS 990 filings, Delaware Financial Education Allian allocates its expenses as follows: admin: 13%, programs: 77%, fundraising: 10%. With 77% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, indicating it is below the Form 990 reporting threshold of $150,000 for any individual.
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 Delaware Financial Education Allian's IRS 990 filings:
- Significant fluctuations in revenue and expenses year-over-year, e.g., revenue dropped from $794,037 in 2019 to $493,366 in 2021, then rebounded to $685,429 in 2024.
- Accumulated deficit (l) has shown volatility, peaking at $145,486 in 2020 and decreasing to $10,096 in 2024, suggesting inconsistent financial stability.
- Lack of detailed impact reporting makes it difficult to assess program effectiveness beyond financial inputs.
Strengths
The following positive indicators were identified for Delaware Financial Education Allian:
- Consistent dedication to financial education in Delaware.
- Healthy program spending percentage (77%) indicates a focus on mission-related activities.
- Positive trend in net assets (a) from $306,949 in 2018 to $959,116 in 2024, demonstrating growth in organizational resources.
- Low fundraising costs (10%) suggest efficient resource allocation for revenue generation.
Frequently Asked Questions about Delaware Financial Education Allian
Is Delaware Financial Education Allian a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Financial Education Allian (EIN: 222549908) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Delaware Financial Education Allian spend its money?
Delaware Financial Education Allian directs 77% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Delaware Financial Education Allian tax-deductible?
Delaware Financial Education Allian is registered as a tax-exempt nonprofit (EIN: 222549908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Delaware Financial Education Allian do?
Delaware Financial Education Allian is a nonprofit organization in the Public & Society Benefit sector, located in Dover, Delaware. It is classified under NTEE code W60Z.
How much revenue does Delaware Financial Education Allian have?
Delaware Financial Education Allian reported total revenue of $685,429. Based on 13 IRS 990 filings on record.
What are Delaware Financial Education Allian's total assets?
Delaware Financial Education Allian holds total assets of $959,116 as reported in IRS 990 filings.
Where is Delaware Financial Education Allian located?
Delaware Financial Education Allian is based in Dover, Delaware.
What is Delaware Financial Education Allian's EIN?
Delaware Financial Education Allian's Employer Identification Number (EIN) is 222549908. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Delaware Financial Education Allian?
Delaware Financial Education Allian is classified under NTEE code W60Z (Public & Society Benefit).
Is Delaware Financial Education Allian a registered 501(c)(3)?
Yes, Delaware Financial Education Allian is recognized as a tax-exempt organization by the IRS. EIN: 222549908.
Does Delaware Financial Education Allian file IRS Form 990?
Yes, Delaware Financial Education Allian has 13 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Delaware Financial Education Allian's revenue in 2024?
In the 202405 filing period, Delaware Financial Education Allian reported total revenue of $643,424, total expenses of $527,605, and net assets of $856,264.
Is Delaware Financial Education Allian's revenue growing or declining?
Delaware Financial Education Allian's revenue is relatively stable. Revenue went from $674,551 (202305) to $643,424 (202405), a -4.6% change. Based on 13 filings on record.
What is Delaware Financial Education Allian's most recent 990 filing?
The most recent IRS Form 990 filing for Delaware Financial Education Allian covers tax period 202405. It shows revenue of $643,424, expenses of $527,605, total assets of $856,264, and liabilities of $10,096.
How much does Delaware Financial Education Allian spend on programs vs administration?
Based on IRS 990 analysis, Delaware Financial Education Allian allocates approximately 77% of expenses to program services, 13% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Delaware Financial Education Allian a trustworthy charity?
Based on AI analysis of IRS 990 data, Delaware Financial Education Allian appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 4 strengths noted.
What are the red flags for Delaware Financial Education Allian?
The following concerns were identified: Significant fluctuations in revenue and expenses year-over-year, e.g., revenue dropped from $794,037 in 2019 to $493,366 in 2021, then rebounded to $685,429 in 2024.. Accumulated deficit (l) has shown volatility, peaking at $145,486 in 2020 and decreasing to $10,096 in 2024, suggesting inconsistent financial stability.. Lack of detailed impact reporting makes it difficult to assess program effectiveness beyond financial inputs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Delaware Financial Education Allian's strengths?
Positive indicators for Delaware Financial Education Allian include: Consistent dedication to financial education in Delaware.. Healthy program spending percentage (77%) indicates a focus on mission-related activities.. Positive trend in net assets (a) from $306,949 in 2018 to $959,116 in 2024, demonstrating growth in organizational resources.. Low fundraising costs (10%) suggest efficient resource allocation for revenue generation.. These findings are derived from AI analysis of the organization's financial filings.
How does Delaware Financial Education Allian compensate executives?
Executive compensation is not reported in the provided data, indicating it is below the Form 990 reporting threshold of $150,000 for any individual. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Delaware Financial Education Allian?
- Financial statements are publicly available through IRS Form 990 filings. - Detailed program descriptions are provided, outlining educational initiatives. - No specific impact metrics or outcome reports are readily available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization plan to stabilize its revenue streams given the historical volatility?
The provided data does not detail specific strategies for revenue stabilization, but the recent rebound in revenue to $685,429 in 2024 suggests some successful efforts, though the long-term plan remains unclear.
What specific outcomes or impact metrics does the Delaware Financial Education Alliance track to measure the effectiveness of its programs?
The available data does not include specific outcome metrics or impact reports, making it challenging to quantify the direct results of their financial education initiatives.
Filing History
IRS 990 filing history for Delaware Financial Education Allian showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Delaware Financial Education Allian's revenue has grown by 74%, moving from $370K to $643K. Total assets increased by 737.6% over the same period, from $102K to $856K. Total functional expenses rose by 44.9%, from $364K to $528K. In its most recent filing year (2024), Delaware Financial Education Allian reported a surplus of $116K, with revenue exceeding expenses. The organization holds $10K in liabilities against $856K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $846K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $643K | $528K | $856K | $10K | — | — |
| 2023 | $675K | $495K | $762K | $31K | — | — |
| 2022 | $568K | $481K | $620K | $69K | — | View 990 |
| 2021 | $493K | $493K | $585K | $122K | — | — |
| 2020 | $689K | $633K | $609K | $145K | — | View 990 |
| 2019 | $794K | $671K | $472K | $65K | — | View 990 |
| 2018 | $747K | $717K | $307K | $23K | — | — |
| 2017 | $753K | $704K | $344K | $89K | — | View 990 |
| 2016 | $533K | $520K | $227K | $21K | — | View 990 |
| 2015 | $432K | $388K | $213K | $20K | — | View 990 |
| 2014 | $362K | $317K | $172K | $23K | — | View 990 |
| 2013 | $379K | $333K | $117K | $13K | — | View 990 |
| 2012 | $370K | $364K | $102K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $643K, expenses of $528K, and assets of $856K (revenue -4.6% year-over-year).
- 2023: Revenue of $675K, expenses of $495K, and assets of $762K (revenue +18.8% year-over-year).
- 2022: Revenue of $568K, expenses of $481K, and assets of $620K (revenue +15.1% year-over-year).
- 2021: Revenue of $493K, expenses of $493K, and assets of $585K (revenue -28.4% year-over-year).
- 2020: Revenue of $689K, expenses of $633K, and assets of $609K (revenue -13.3% year-over-year).
- 2019: Revenue of $794K, expenses of $671K, and assets of $472K (revenue +6.3% year-over-year).
- 2018: Revenue of $747K, expenses of $717K, and assets of $307K (revenue -0.8% year-over-year).
- 2017: Revenue of $753K, expenses of $704K, and assets of $344K (revenue +41.4% year-over-year).
- 2016: Revenue of $533K, expenses of $520K, and assets of $227K (revenue +23.2% year-over-year).
- 2015: Revenue of $432K, expenses of $388K, and assets of $213K (revenue +19.4% year-over-year).
- 2014: Revenue of $362K, expenses of $317K, and assets of $172K (revenue -4.4% year-over-year).
- 2013: Revenue of $379K, expenses of $333K, and assets of $117K (revenue +2.4% year-over-year).
- 2012: Revenue of $370K, expenses of $364K, and assets of $102K.
Data Sources and Methodology
This transparency report for Delaware Financial Education Allian 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.