Depaul Group Inc
Depaul Group Inc frequently operates at a deficit, with liabilities often exceeding assets, despite revenue growth.
EIN: 161406498 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $2.6M |
| Program Spending | 80% |
| Net Assets | $-1,020,495 |
| Transparency Score | 60/100 |
Is Depaul Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Depaul Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Depaul Group Inc
Depaul Group Inc (EIN: 161406498) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $7.8M and total assets of $13.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Depaul Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Depaul Group Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-402,058 |
| Total Assets | $13.1M |
| Total Liabilities | $14.2M |
| Net Assets | $-1,020,495 |
| Operating Margin | -18.4% |
| Debt-to-Asset Ratio | 107.8% |
| Months of Reserves | 60.9 months |
Financial Health Grade: C
In 2023, Depaul Group Inc reported a deficit of $402K with expenses exceeding revenue, holds 60.9 months of operating reserves (strong position), has a debt-to-asset ratio of 107.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Depaul Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.3% | +19.7% | -31.1% |
| 2022 | -46.9% | +9.1% | +96.0% |
| 2021 | +81.4% | -10.1% | +5.3% |
| 2020 | +26.8% | +25.5% | +36.3% |
| 2019 | +21.9% | +29.6% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Depaul Group Inc 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: 80%
- fundraising: 5%
According to IRS 990 filings, Depaul Group Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $402K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.8%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, which could indicate a volunteer leadership or that compensation is categorized differently, making it difficult to assess executive pay relative to the organization's size and revenue.
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 Depaul Group Inc's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2022, 2020, 2019, 2018, 2017 filings)
- Liabilities consistently exceed assets (e.g., $14,159,110 liabilities vs. $13,138,615 assets in 2023)
- No reported officer compensation across all 13 filings, which is unusual for an organization of this size and revenue.
- Significant volatility in assets between 2021 and 2023 without clear explanation.
Strengths
The following positive indicators were identified for Depaul Group Inc:
- Consistent revenue growth over the long term, from $1.1M in 2015 to $2.1M in 2023.
- Significant asset growth over the decade, from $4.7M in 2015 to $13.1M in 2023.
Frequently Asked Questions about Depaul Group Inc
Is Depaul Group Inc a legitimate charity?
Depaul Group Inc (EIN: 161406498) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.8M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Depaul Group Inc spend its money?
Depaul Group Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Depaul Group Inc tax-deductible?
Depaul Group Inc is registered as a tax-exempt nonprofit (EIN: 161406498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Depaul Group Inc's spending goes to programs?
Depaul Group Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Depaul Group Inc located?
Depaul Group Inc is headquartered in Rochester, New York and files with the IRS under EIN 161406498.
How many years of IRS 990 filings does Depaul Group Inc have?
Depaul Group Inc has 13 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 $7.8M in total revenue.
Is Depaul Group Inc a good charity?
Depaul Group Inc shows some financial instability with frequent deficits and liabilities exceeding assets. However, without detailed program spending data, it's challenging to fully assess its effectiveness. The lack of reported officer compensation is unusual and warrants further investigation for transparency.
Why do liabilities often exceed assets?
The consistent trend of liabilities exceeding assets, such as $14,159,110 in liabilities against $13,138,615 in assets in 2023, suggests the organization may be heavily leveraged, potentially relying on debt or other obligations to finance its operations or assets. This could pose a risk to long-term financial stability.
What caused the significant asset increase in 2022 and subsequent decrease in 2023?
Assets jumped from $9,722,985 in 2021 to $19,056,708 in 2022, then dropped to $13,138,615 in 2023. This volatility suggests a significant one-time event or transaction, such as a large acquisition or divestiture, which is not explained by the provided summary data and warrants further review of the full 990 filings.
How does Depaul Group Inc cover its operating deficits?
Given that expenses frequently exceed revenue (e.g., $2,588,818 in expenses vs. $2,186,760 in revenue in 2023), Depaul Group Inc likely covers these deficits by drawing down reserves, incurring debt, or through non-operating income not reflected in the provided revenue figures. The increasing liabilities suggest debt may be a factor.
Filing History
IRS 990 filing history for Depaul Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Depaul Group Inc's revenue has grown by 91.1%, moving from $1.1M to $2.2M. Total assets increased by 89.8% over the same period, from $6.9M to $13.1M. Total functional expenses rose by 177.1%, from $934K to $2.6M. In its most recent filing year (2023), Depaul Group Inc reported a deficit of $402K, with expenses exceeding revenue. The organization holds $14.2M in liabilities against $13.1M in assets (debt-to-asset ratio: 107.8%), resulting in net assets of $-1,020,495.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.6M | $13.1M | $14.2M | — | — |
| 2022 | $1.8M | $2.2M | $19.1M | $20.5M | — | View 990 |
| 2021 | $3.3M | $2.0M | $9.7M | $10.3M | — | View 990 |
| 2020 | $1.8M | $2.2M | $9.2M | $10.9M | — | — |
| 2019 | $1.4M | $1.8M | $6.8M | $8.2M | — | View 990 |
| 2018 | $1.2M | $1.4M | $6.5M | $8.1M | — | View 990 |
| 2017 | $1.1M | $1.2M | $6.3M | $7.4M | — | — |
| 2016 | $1.1M | $983K | $5.0M | $6.4M | — | View 990 |
| 2015 | $1.1M | $1.1M | $4.7M | $6.3M | — | View 990 |
| 2014 | $1.4M | $1.2M | $5.5M | $7.1M | — | View 990 |
| 2013 | $3.6M | $1.2M | $4.6M | $6.4M | — | View 990 |
| 2012 | $1.3M | $3.2M | $6.2M | $10.4M | — | View 990 |
| 2011 | $1.1M | $934K | $6.9M | $9.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.6M, and assets of $13.1M (revenue +24.3% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.2M, and assets of $19.1M (revenue -46.9% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.0M, and assets of $9.7M (revenue +81.4% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.2M, and assets of $9.2M (revenue +26.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.8M, and assets of $6.8M (revenue +21.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $6.5M (revenue +4.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $6.3M (revenue +0.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $983K, and assets of $5.0M (revenue -1.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $4.7M (revenue -20.6% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $5.5M (revenue -60.1% year-over-year).
- 2013: Revenue of $3.6M, expenses of $1.2M, and assets of $4.6M (revenue +176.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $3.2M, and assets of $6.2M (revenue +14.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $934K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Depaul Group Inc:
Data Sources and Methodology
This transparency report for Depaul Group 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.