Demedici Corporation
Demedici Corporation shows consistent revenue and asset growth with no reported officer compensation, but liabilities have significantly increased.
EIN: 10818965 · Marlton, NJ · NTEE: B112 · Updated: 2026-03-27
Is Demedici Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Demedici Corporation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Demedici Corporation
Demedici Corporation (EIN: 10818965) is a nonprofit organization based in Marlton, NJ, classified under NTEE code B112. The organization reported total revenue of $1.0M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Demedici Corporation'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 Demedici Corporation with a Mission Score of 80 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Demedici Corporation 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.
Executive Compensation Analysis
Demedici Corporation consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size and asset base ($16 million).
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 Demedici Corporation's IRS 990 filings:
- Significant increase in liabilities from $43,504 in 2020 to $9,319,616 in 2023 without clear explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency analysis.
- Consistent 0% officer compensation for an organization with over $15 million in assets, which is highly unusual and warrants further investigation into operational structure.
Strengths
The following positive indicators were identified for Demedici Corporation:
- Consistent revenue growth, from $394,109 in 2014 to $968,918 in 2023.
- Strong asset growth, increasing from $2.3 million in 2014 to over $15.6 million in 2023.
- Expenses generally kept well below revenue, indicating sound financial management in most periods (e.g., 2023 revenue $968,918 vs. expenses $490,030).
- No reported officer compensation, suggesting a strong commitment to directing funds to the mission.
Frequently Asked Questions about Demedici Corporation
Is Demedici Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Demedici Corporation (EIN: 10818965) some concerns. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
How does Demedici Corporation spend its money?
Demedici Corporation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Demedici Corporation tax-deductible?
Demedici Corporation is registered as a tax-exempt nonprofit (EIN: 10818965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $43,504 in 2020 to $9,319,616 in 2023?
The provided data does not specify the nature of these liabilities. Further examination of the full IRS 990 forms would be necessary to understand if they are program-related, debt, or other obligations.
How does Demedici Corporation allocate its expenses between program services, administration, and fundraising?
The provided summary lacks a detailed breakdown of expenses. While total expenses are reported, the specific allocation to program, administrative, and fundraising activities is not available, making a precise efficiency assessment difficult.
Given the 0% officer compensation, how is the organization managed and governed?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation. This structure could impact governance and operational sustainability.
What is the primary source of Demedici Corporation's revenue?
The provided data only shows total revenue figures. The specific sources (e.g., contributions, program service revenue, investment income) are not detailed, which would be important for understanding financial stability.
Filing History
IRS 990 filing history for Demedici Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Demedici Corporation's revenue has grown by 29.8%, moving from $746K to $969K. Total assets increased by 574.9% over the same period, from $2.3M to $15.6M. Total functional expenses rose by 45.9%, from $336K to $490K. In its most recent filing year (2023), Demedici Corporation reported a surplus of $479K, with revenue exceeding expenses. The organization holds $9.3M in liabilities against $15.6M in assets (debt-to-asset ratio: 59.6%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $969K | $490K | $15.6M | $9.3M | — | — |
| 2022 | $942K | $429K | $15.4M | $9.6M | — | View 990 |
| 2021 | $833K | $300K | $11.2M | $5.8M | — | — |
| 2020 | $802K | $423K | $4.8M | $44K | — | View 990 |
| 2019 | $795K | $330K | $4.4M | $12K | — | View 990 |
| 2018 | $750K | $271K | $4.0M | $35K | — | View 990 |
| 2017 | $746K | $217K | $3.6M | $71K | — | View 990 |
| 2016 | $699K | $208K | $3.1M | $107K | — | View 990 |
| 2015 | $632K | $241K | $2.6M | $143K | — | View 990 |
| 2014 | $394K | $466K | $2.4M | $295K | — | View 990 |
| 2013 | $394K | $510K | $2.4M | $227K | — | View 990 |
| 2012 | $760K | $516K | $2.5M | $283K | — | View 990 |
| 2011 | $746K | $336K | $2.3M | $307K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $969K, expenses of $490K, and assets of $15.6M (revenue +2.9% year-over-year).
- 2022: Revenue of $942K, expenses of $429K, and assets of $15.4M (revenue +13.1% year-over-year).
- 2021: Revenue of $833K, expenses of $300K, and assets of $11.2M (revenue +3.8% year-over-year).
- 2020: Revenue of $802K, expenses of $423K, and assets of $4.8M (revenue +0.9% year-over-year).
- 2019: Revenue of $795K, expenses of $330K, and assets of $4.4M (revenue +6.0% year-over-year).
- 2018: Revenue of $750K, expenses of $271K, and assets of $4.0M (revenue +0.6% year-over-year).
- 2017: Revenue of $746K, expenses of $217K, and assets of $3.6M (revenue +6.7% year-over-year).
- 2016: Revenue of $699K, expenses of $208K, and assets of $3.1M (revenue +10.6% year-over-year).
- 2015: Revenue of $632K, expenses of $241K, and assets of $2.6M (revenue +60.4% year-over-year).
- 2014: Revenue of $394K, expenses of $466K, and assets of $2.4M (revenue +0.1% year-over-year).
- 2013: Revenue of $394K, expenses of $510K, and assets of $2.4M (revenue -48.2% year-over-year).
- 2012: Revenue of $760K, expenses of $516K, and assets of $2.5M (revenue +1.8% year-over-year).
- 2011: Revenue of $746K, expenses of $336K, and assets of $2.3M.
Data Sources and Methodology
This transparency report for Demedici Corporation 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.