Deneki House Inc
Deneki House Inc. faces severe financial instability with persistent deficits and rapidly increasing liabilities.
EIN: 208001449 · Wasilla, AK · NTEE: L25 · Updated: 2026-03-28
Is Deneki House Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Deneki House Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Deneki House Inc
Deneki House Inc (EIN: 208001449) is a nonprofit organization based in Wasilla, AK, classified under NTEE code L25. The organization reported total revenue of $59K and total assets of $774K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Deneki House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Deneki House Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $116K |
| Surplus / Deficit | $-68,783 |
| Total Assets | $891K |
| Total Liabilities | $1.6M |
| Net Assets | $-740,303 |
| Operating Margin | -144.6% |
| Debt-to-Asset Ratio | 183.1% |
| Months of Reserves | 91.9 months |
Financial Health Grade: C
In 2023, Deneki House Inc reported a deficit of $69K with expenses exceeding revenue, holds 91.9 months of operating reserves (strong position), has a debt-to-asset ratio of 183.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Deneki House Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | -22.7% | -4.2% |
| 2022 | +0.5% | +11.2% | -7.2% |
| 2021 | +9.8% | -0.7% | -5.9% |
| 2020 | -12.5% | -0.1% | -5.5% |
| 2019 | +14.1% | -8.4% | -5.6% |
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 Deneki House Inc with a Mission Score of 30 out of 100 (Poor). 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, Deneki House Inc 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 $69K, with expenses exceeding revenue.
- Debt-to-asset ratio: 183.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive for minimizing overhead.
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 Deneki House Inc's IRS 990 filings:
- Consistent and substantial operational deficits (e.g., 2023 revenue $47,563 vs. expenses $116,346).
- Dramatic increase in liabilities from $49,933 in 2018 to $1,631,267 in 2023.
- Liabilities significantly exceed assets ($1,631,267 vs. $890,964 in 2023), indicating potential insolvency.
- Steady decline in total assets over the past decade (from $1,480,987 in 2014 to $890,964 in 2023).
Strengths
The following positive indicators were identified for Deneki House Inc:
- No reported officer compensation, suggesting a volunteer-driven leadership or efficient use of administrative funds in this area.
Frequently Asked Questions about Deneki House Inc
Is Deneki House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Deneki House Inc (EIN: 208001449) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Deneki House Inc spend its money?
Deneki House Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Deneki House Inc tax-deductible?
Deneki House Inc is registered as a tax-exempt nonprofit (EIN: 208001449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Deneki House Inc. fund its consistent operational deficits?
The organization consistently spends more than it earns, with expenses often double its revenue. For example, in 2023, revenue was $47,563 while expenses were $116,346. This suggests they are either drawing down assets, incurring significant debt, or receiving unreported in-kind contributions to cover the gap.
What caused the dramatic increase in liabilities from 2019 onwards?
Liabilities jumped from $49,933 in 2018 to $1,561,915 in 2019 and continued to rise, reaching $1,631,267 in 2023. This sudden and sustained increase in debt is a major concern and warrants further investigation into its nature (e.g., mortgages, loans, program-related investments).
Is Deneki House Inc. at risk of insolvency given its high liabilities relative to assets?
With liabilities of $1,631,267 significantly exceeding assets of $890,964 in 2023, the organization's financial position appears highly leveraged and potentially insolvent. This indicates a substantial risk to its long-term viability.
What are the specific program activities Deneki House Inc. undertakes given its NTEE code L25 (Housing, Shelter)?
While the NTEE code indicates a focus on housing and shelter, the financial data primarily highlights operational challenges. Without a program expense breakdown, it's difficult to assess the specific impact of their activities, especially given the consistent deficits.
Filing History
IRS 990 filing history for Deneki House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Deneki House Inc's revenue has declined by 18%, moving from $58K to $48K. Total assets decreased by 47.3% over the same period, from $1.7M to $891K. Total functional expenses fell by 19.8%, from $145K to $116K. In its most recent filing year (2023), Deneki House Inc reported a deficit of $69K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $891K in assets (debt-to-asset ratio: 183.1%), resulting in net assets of $-740,303.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $116K | $891K | $1.6M | — | — |
| 2022 | $71K | $151K | $930K | $1.6M | — | — |
| 2021 | $71K | $135K | $1.0M | $1.6M | — | View 990 |
| 2020 | $65K | $136K | $1.1M | $1.6M | — | — |
| 2019 | $74K | $136K | $1.1M | $1.6M | — | View 990 |
| 2018 | $65K | $149K | $1.2M | $50K | — | View 990 |
| 2017 | $70K | $152K | $1.3M | $36K | — | — |
| 2016 | $74K | $146K | $1.3M | $26K | — | View 990 |
| 2015 | $76K | $155K | $1.4M | $32K | — | View 990 |
| 2014 | $82K | $153K | $1.5M | $21K | — | View 990 |
| 2013 | $91K | $156K | $1.5M | $8K | — | View 990 |
| 2012 | $70K | $153K | $1.6M | $12K | — | View 990 |
| 2011 | $58K | $145K | $1.7M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $116K, and assets of $891K (revenue -33.2% year-over-year).
- 2022: Revenue of $71K, expenses of $151K, and assets of $930K (revenue +0.5% year-over-year).
- 2021: Revenue of $71K, expenses of $135K, and assets of $1.0M (revenue +9.8% year-over-year).
- 2020: Revenue of $65K, expenses of $136K, and assets of $1.1M (revenue -12.5% year-over-year).
- 2019: Revenue of $74K, expenses of $136K, and assets of $1.1M (revenue +14.1% year-over-year).
- 2018: Revenue of $65K, expenses of $149K, and assets of $1.2M (revenue -7.4% year-over-year).
- 2017: Revenue of $70K, expenses of $152K, and assets of $1.3M (revenue -6.2% year-over-year).
- 2016: Revenue of $74K, expenses of $146K, and assets of $1.3M (revenue -1.8% year-over-year).
- 2015: Revenue of $76K, expenses of $155K, and assets of $1.4M (revenue -8.0% year-over-year).
- 2014: Revenue of $82K, expenses of $153K, and assets of $1.5M (revenue -9.9% year-over-year).
- 2013: Revenue of $91K, expenses of $156K, and assets of $1.5M (revenue +30.3% year-over-year).
- 2012: Revenue of $70K, expenses of $153K, and assets of $1.6M (revenue +21.0% year-over-year).
- 2011: Revenue of $58K, expenses of $145K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Deneki House Inc:
Data Sources and Methodology
This transparency report for Deneki House 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.