Delaware Strong Families Inc
EIN: 261294144 · Seaford, DE · NTEE: X01
| Metric | Value |
|---|---|
| Total Revenue | $466K |
| Total Expenses | $498K |
| Net Assets | $307K |
Is Delaware Strong Families Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Strong Families Inc
Delaware Strong Families Inc (EIN: 261294144) is a nonprofit organization based in Seaford, DE, classified under NTEE code X01. The organization reported total revenue of $466K and total assets of $294K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Strong Families Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Strong Families Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $462K |
| Total Expenses | $498K |
| Surplus / Deficit | $-35,545 |
| Total Assets | $344K |
| Total Liabilities | $37K |
| Net Assets | $307K |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2023, Delaware Strong Families Inc reported a deficit of $36K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Delaware Strong Families Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +17.8% | -4.4% |
| 2022 | +4.6% | -2.4% | +1.5% |
| 2021 | +8.5% | +46.7% | -22.5% |
| 2020 | -5.1% | +29.1% | +27.7% |
| 2019 | +9.6% | +52.9% | +78.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Strong Families Inc 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 Delaware Strong Families Inc 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 deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.8%.
Frequently Asked Questions about Delaware Strong Families Inc
Is Delaware Strong Families Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Delaware Strong Families Inc (EIN: 261294144) insufficient data. 0 red flags identified, 0 strengths noted.
How does Delaware Strong Families Inc spend its money?
Detailed spending breakdown data is not yet available for Delaware Strong Families Inc. Check back for updated IRS 990 analysis.
Are donations to Delaware Strong Families Inc tax-deductible?
Delaware Strong Families Inc is registered as a tax-exempt nonprofit (EIN: 261294144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Strong Families Inc located?
Delaware Strong Families Inc is headquartered in Seaford, Delaware and files with the IRS under EIN 261294144. It is classified under NTEE code X01.
How many years of IRS 990 filings does Delaware Strong Families Inc have?
Delaware Strong Families Inc 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 $466K in total revenue.
Filing History
IRS 990 filing history for Delaware Strong Families Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delaware Strong Families Inc's revenue has grown by 630.9%, moving from $63K to $462K. Total assets increased by 1064.4% over the same period, from $30K to $344K. Total functional expenses rose by 736.6%, from $59K to $498K. In its most recent filing year (2023), Delaware Strong Families Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $37K in liabilities against $344K in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $307K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $462K | $498K | $344K | $37K | — | — |
| 2022 | $414K | $422K | $360K | $17K | — | View 990 |
| 2021 | $395K | $433K | $354K | $3K | — | View 990 |
| 2020 | $364K | $295K | $457K | $68K | — | View 990 |
| 2019 | $384K | $229K | $358K | $39K | — | View 990 |
| 2018 | $350K | $149K | $200K | $37K | — | View 990 |
| 2017 | $128K | $107K | $45K | $82K | — | View 990 |
| 2016 | $88K | $108K | $27K | $86K | — | View 990 |
| 2015 | $97K | $122K | $26K | $65K | — | View 990 |
| 2014 | $133K | $139K | $29K | $42K | — | View 990 |
| 2013 | $80K | $137K | $13K | $20K | — | View 990 |
| 2012 | $183K | $152K | $107K | $58K | — | View 990 |
| 2011 | $63K | $59K | $30K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $462K, expenses of $498K, and assets of $344K (revenue +11.7% year-over-year).
- 2022: Revenue of $414K, expenses of $422K, and assets of $360K (revenue +4.6% year-over-year).
- 2021: Revenue of $395K, expenses of $433K, and assets of $354K (revenue +8.5% year-over-year).
- 2020: Revenue of $364K, expenses of $295K, and assets of $457K (revenue -5.1% year-over-year).
- 2019: Revenue of $384K, expenses of $229K, and assets of $358K (revenue +9.6% year-over-year).
- 2018: Revenue of $350K, expenses of $149K, and assets of $200K (revenue +173.8% year-over-year).
- 2017: Revenue of $128K, expenses of $107K, and assets of $45K (revenue +45.0% year-over-year).
- 2016: Revenue of $88K, expenses of $108K, and assets of $27K (revenue -9.2% year-over-year).
- 2015: Revenue of $97K, expenses of $122K, and assets of $26K (revenue -26.6% year-over-year).
- 2014: Revenue of $133K, expenses of $139K, and assets of $29K (revenue +64.7% year-over-year).
- 2013: Revenue of $80K, expenses of $137K, and assets of $13K (revenue -55.9% year-over-year).
- 2012: Revenue of $183K, expenses of $152K, and assets of $107K (revenue +188.8% year-over-year).
- 2011: Revenue of $63K, expenses of $59K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Strong Families Inc:
Data Sources and Methodology
This transparency report for Delaware Strong Families 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.