Delta Foundation
Delta Foundation consistently operates at a deficit, relying on assets while reporting no officer compensation.
EIN: 203880588 · Loveland, CO · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $97K |
| Program Spending | 70% |
| Net Assets | $2.9M |
| Transparency Score | 75/100 |
Is Delta Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delta Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Delta Foundation
Delta Foundation (EIN: 203880588) is a nonprofit organization based in Loveland, CO, classified under NTEE code T20. The organization reported total revenue of $137K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delta Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delta Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $97K |
| Surplus / Deficit | $-4,688 |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 361.6 months |
Financial Health Grade: B
In 2023, Delta Foundation reported a deficit of $5K with expenses exceeding revenue, holds 361.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.3% | -27.3% | +15.0% |
| 2022 | +43.2% | -14.3% | -22.6% |
| 2021 | -5.6% | -1.5% | +8.4% |
| 2020 | +11.8% | +12.6% | +9.5% |
| 2019 | +24.9% | +48.1% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Delta Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Delta Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Delta Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for donor perception and 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 Delta Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in most recent years, e.g., $96,683 expenses vs. $91,995 revenue in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Delta Foundation:
- Zero reported officer compensation across all filings, indicating efficient use of funds at the leadership level.
- Very low liabilities ($1 consistently reported), suggesting strong financial stability and minimal debt.
- Long-term growth in assets, from $1,693,848 in 2011 to $2,913,553 in 2023, indicating sound asset management.
- Consistent filing history (10 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Delta Foundation
Is Delta Foundation a legitimate charity?
Delta Foundation (EIN: 203880588) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $137K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Delta Foundation spend its money?
Delta Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Delta Foundation tax-deductible?
Delta Foundation is registered as a tax-exempt nonprofit (EIN: 203880588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Delta Foundation's spending goes to programs?
Delta Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Delta Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Delta Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Delta Foundation located?
Delta Foundation is headquartered in Loveland, Colorado and files with the IRS under EIN 203880588. It is classified under NTEE code T20.
How many years of IRS 990 filings does Delta Foundation have?
Delta 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 $137K in total revenue.
Is Delta Foundation financially sustainable given its consistent operational deficits?
While the Delta Foundation consistently reports expenses exceeding revenue in recent years (e.g., $96,683 expenses vs. $91,995 revenue in 2023), its assets have grown from $1,693,848 in 2011 to $2,913,553 in 2023. This suggests sustainability is currently maintained by drawing from accumulated assets or investment returns, but long-term reliance on this model without addressing the revenue-expense gap could be a concern.
How does Delta Foundation manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings indicates that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form. This is a strong positive for resource allocation and donor trust.
What is the primary source of Delta Foundation's revenue?
The provided data shows fluctuating revenue, with peaks in 2012 ($298,088) and 2013 ($224,820) and lower figures in recent years (e.g., $91,995 in 2023). Without further detail from the 990, the specific primary source (e.g., grants, donations, investments) cannot be definitively identified, but the variability suggests diverse or inconsistent funding streams.
Filing History
IRS 990 filing history for Delta Foundation showing financial trends over 10 years of public records:
Total assets increased by 72% over the same period, from $1.7M to $2.9M. Total functional expenses rose by 14.4%, from $85K to $97K. In its most recent filing year (2023), Delta Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $97K | $2.9M | $1 | — | — |
| 2022 | $107K | $133K | $2.5M | $1 | — | View 990 |
| 2021 | $75K | $155K | $3.3M | $1 | — | View 990 |
| 2020 | $79K | $157K | $3.0M | $1 | — | — |
| 2019 | $71K | $140K | $2.8M | $1 | — | View 990 |
| 2015 | $57K | $94K | $2.2M | $1 | — | View 990 |
| 2014 | $59K | $94K | $2.1M | $1 | — | View 990 |
| 2013 | $225K | $101K | $2.0M | $1 | — | View 990 |
| 2012 | $298K | $73K | $1.9M | $1 | — | View 990 |
| 2011 | $-34,186 | $85K | $1.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $97K, and assets of $2.9M (revenue -14.3% year-over-year).
- 2022: Revenue of $107K, expenses of $133K, and assets of $2.5M (revenue +43.2% year-over-year).
- 2021: Revenue of $75K, expenses of $155K, and assets of $3.3M (revenue -5.6% year-over-year).
- 2020: Revenue of $79K, expenses of $157K, and assets of $3.0M (revenue +11.8% year-over-year).
- 2019: Revenue of $71K, expenses of $140K, and assets of $2.8M (revenue +24.9% year-over-year).
- 2015: Revenue of $57K, expenses of $94K, and assets of $2.2M (revenue -4.3% year-over-year).
- 2014: Revenue of $59K, expenses of $94K, and assets of $2.1M (revenue -73.5% year-over-year).
- 2013: Revenue of $225K, expenses of $101K, and assets of $2.0M (revenue -24.6% year-over-year).
- 2012: Revenue of $298K, expenses of $73K, and assets of $1.9M.
- 2011: Revenue of $-34,186, expenses of $85K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delta Foundation:
Data Sources and Methodology
This transparency report for Delta 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.