Delaware Trail Spinners Inc
EIN: 510349103 · Newark, DE · NTEE: N30Z
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Net Assets | $92K |
Is Delaware Trail Spinners 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 Trail Spinners Inc
Delaware Trail Spinners Inc (EIN: 510349103) is a nonprofit organization based in Newark, DE, classified under NTEE code N30Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Trail Spinners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Trail Spinners Inc is a micro nonprofit that has been operating for 28 years, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -10.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $11K |
| Surplus / Deficit | +$18K |
| Total Assets | $92K |
| Net Assets | $92K |
| Operating Margin | 62.5% |
| Months of Reserves | 102.3 months |
Financial Health Grade: A
In 2015, Delaware Trail Spinners Inc reported a surplus of $18K with revenue exceeding expenses, holds 102.3 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2012–2015), Delaware Trail Spinners Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +28.8% | -18.3% | +24.4% |
| 2014 | -16.1% | +5.2% | +13.1% |
| 2013 | -32.6% | -71.1% | +27.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Trail Spinners 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 Trail Spinners 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Frequently Asked Questions about Delaware Trail Spinners Inc
Is Delaware Trail Spinners Inc a legitimate charity?
Delaware Trail Spinners Inc (EIN: 510349103) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Delaware Trail Spinners Inc spend its money?
Delaware Trail Spinners Inc reported its financials in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Trail Spinners Inc tax-deductible?
Delaware Trail Spinners Inc is registered as a tax-exempt nonprofit (EIN: 510349103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Trail Spinners Inc located?
Delaware Trail Spinners Inc is headquartered in Newark, Delaware and files with the IRS under EIN 510349103. It is classified under NTEE code N30Z.
How many years of IRS 990 filings does Delaware Trail Spinners Inc have?
Delaware Trail Spinners Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Delaware Trail Spinners Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Delaware Trail Spinners Inc's revenue has declined by 27.2%, moving from $40K to $29K. Total assets increased by 79.8% over the same period, from $51K to $92K. Total functional expenses fell by 75.2%, from $44K to $11K. In its most recent filing year (2015), Delaware Trail Spinners Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $29K | $11K | $92K | $0 | — | View 990 |
| 2014 | $22K | $13K | $74K | $0 | — | View 990 |
| 2013 | $27K | $13K | $66K | $125 | — | View 990 |
| 2012 | $40K | $44K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $29K, expenses of $11K, and assets of $92K (revenue +28.8% year-over-year).
- 2014: Revenue of $22K, expenses of $13K, and assets of $74K (revenue -16.1% year-over-year).
- 2013: Revenue of $27K, expenses of $13K, and assets of $66K (revenue -32.6% year-over-year).
- 2012: Revenue of $40K, expenses of $44K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Trail Spinners Inc:
Data Sources and Methodology
This transparency report for Delaware Trail Spinners 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.