Delisi Family Foundation
Delisi Family Foundation consistently operates at a deficit, drawing down assets over the past decade.
EIN: 207408111 · Wilmington, DE · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $52K |
| Program Spending | 75% |
| Net Assets | $716K |
| Transparency Score | 60/100 |
Is Delisi Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delisi Family Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delisi Family Foundation
Delisi Family Foundation (EIN: 207408111) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T12. The organization reported total revenue of $186K and total assets of $744K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delisi Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delisi Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $52K |
| Surplus / Deficit | $-11,082 |
| Total Assets | $716K |
| Total Liabilities | $1 |
| Net Assets | $716K |
| Operating Margin | -26.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.2 months |
Financial Health Grade: B
In 2023, Delisi Family Foundation reported a deficit of $11K with expenses exceeding revenue, holds 164.2 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), Delisi Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.1% | -11.0% | -1.5% |
| 2022 | -76.0% | +8.4% | -4.6% |
| 2021 | +312.2% | +3.0% | +6.1% |
| 2020 | -57.3% | -2.5% | -3.9% |
| 2019 | +133.5% | -1.9% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Delisi Family Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Delisi Family Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive sign for resource allocation.
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 Delisi Family Foundation's IRS 990 filings:
- Consistent operational deficits (e.g., 2023: $41,224 revenue vs. $52,306 expenses; 2022: $23,545 revenue vs. $58,803 expenses).
- Declining asset base over the past decade (from $820,821 in 2011 to $715,755 in 2023).
- Unusual consistent $1 liability reported across multiple years, which may warrant further investigation.
Strengths
The following positive indicators were identified for Delisi Family Foundation:
- High transparency with consistent IRS 990 filings.
- No officer compensation reported, indicating volunteer leadership and potentially more resources directed to mission.
- Maintains a significant asset base relative to its annual revenue, providing some financial cushion despite deficits.
Frequently Asked Questions about Delisi Family Foundation
Is Delisi Family Foundation a legitimate charity?
Delisi Family Foundation (EIN: 207408111) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $186K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Delisi Family Foundation spend its money?
Delisi Family Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Delisi Family Foundation tax-deductible?
Delisi Family Foundation is registered as a tax-exempt nonprofit (EIN: 207408111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Delisi Family Foundation's spending goes to programs?
Delisi Family Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Delisi Family Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Delisi Family Foundation is above average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Delisi Family Foundation located?
Delisi Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 207408111. It is classified under NTEE code T12.
How many years of IRS 990 filings does Delisi Family Foundation have?
Delisi Family Foundation has 10 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 $186K in total revenue.
Is Delisi Family Foundation a good charity?
While the foundation exhibits transparency through its filings and has no officer compensation, its consistent operational deficits and declining asset base raise concerns about long-term sustainability and program impact. A deeper understanding of its program activities and expense breakdown is needed to fully assess its effectiveness.
Why are the assets declining?
The assets have declined from $820,821 in 2011 to $715,755 in 2023, primarily because the organization's expenses have frequently exceeded its revenue, forcing it to draw from its asset base to cover operational costs.
What is the nature of the $1 liability?
The consistent reporting of $1 in liabilities across multiple years is unusual. It could represent a nominal placeholder, a specific type of outstanding obligation, or an accounting convention. Further detail from the full 990 forms would be needed to understand its exact nature.
How does the foundation fund its operations?
Given the consistent operational deficits, the foundation appears to fund its operations by drawing down its existing asset base, supplemented by fluctuating annual revenues. This model is not sustainable in the long term without significant new revenue streams.
Filing History
IRS 990 filing history for Delisi Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Delisi Family Foundation's revenue has grown by 18.4%, moving from $35K to $41K. Total assets decreased by 12.8% over the same period, from $821K to $716K. Total functional expenses fell by 13.3%, from $60K to $52K. In its most recent filing year (2023), Delisi Family Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $716K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $716K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $52K | $716K | $1 | — | — |
| 2022 | $24K | $59K | $727K | $1 | — | View 990 |
| 2021 | $98K | $54K | $762K | $1 | — | — |
| 2020 | $24K | $53K | $718K | $1 | — | View 990 |
| 2019 | $56K | $54K | $747K | $1 | — | View 990 |
| 2015 | $24K | $55K | $823K | $1 | — | View 990 |
| 2014 | $55K | $54K | $854K | $1 | — | View 990 |
| 2013 | $99K | $52K | $853K | $1 | — | View 990 |
| 2012 | $45K | $59K | $807K | $1 | — | View 990 |
| 2011 | $35K | $60K | $821K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $52K, and assets of $716K (revenue +75.1% year-over-year).
- 2022: Revenue of $24K, expenses of $59K, and assets of $727K (revenue -76.0% year-over-year).
- 2021: Revenue of $98K, expenses of $54K, and assets of $762K (revenue +312.2% year-over-year).
- 2020: Revenue of $24K, expenses of $53K, and assets of $718K (revenue -57.3% year-over-year).
- 2019: Revenue of $56K, expenses of $54K, and assets of $747K (revenue +133.5% year-over-year).
- 2015: Revenue of $24K, expenses of $55K, and assets of $823K (revenue -56.7% year-over-year).
- 2014: Revenue of $55K, expenses of $54K, and assets of $854K (revenue -44.1% year-over-year).
- 2013: Revenue of $99K, expenses of $52K, and assets of $853K (revenue +119.4% year-over-year).
- 2012: Revenue of $45K, expenses of $59K, and assets of $807K (revenue +29.0% year-over-year).
- 2011: Revenue of $35K, expenses of $60K, and assets of $821K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delisi Family Foundation:
Data Sources and Methodology
This transparency report for Delisi Family Foundation 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.