Derrick Singer Private Foundation Tr

Derrick Singer Private Foundation consistently spends more than its annual revenue, drawing from its over $1.3 million asset base.

EIN: 206189223 · Cumberland, MD · NTEE: T20 · Updated: 2026-03-28

$282KRevenue
$1.4MAssets
75/100Mission Score (Good)
T20

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Derrick Singer Private Foundation Tr Financial Summary
MetricValue
Total Revenue$282K
Total Expenses$104K
Program Spending80%
Net Assets$1.4M
Transparency Score75/100

Search Intent Cockpit

Derrick Singer Private Foundation Tr Form 990, Revenue, CEO Pay, and IRS Filing Signals

Derrick Singer Private Foundation Tr is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Derrick Singer Private Foundation Tr in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $62K and expenses of $104K.

Revenue and Expenses

Derrick Singer Private Foundation Tr reported $62K in revenue and $104K in expenses, a deficit of $42K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Derrick Singer Private Foundation Tr Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Derrick Singer Private Foundation Tr Expense Deployment
Program services$83K (80%)

Across stored filings, Derrick Singer Private Foundation Tr shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Derrick Singer Private Foundation Tr Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Main Street Mobile Treatment Associates IncMaryland and Philanthropy context

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Derrick Singer Private Foundation Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Derrick Singer Private Foundation Tr

Derrick Singer Private Foundation Tr (EIN: 206189223) is a nonprofit organization based in Cumberland, MD, classified under NTEE code T20. The organization reported total revenue of $282K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Derrick Singer Private Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Derrick Singer Private Foundation Tr is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$62K
Total Expenses$104K
Surplus / Deficit$-41,660
Total Assets$1.4M
Total Liabilities$1
Net Assets$1.4M
Operating Margin-67.2%
Debt-to-Asset Ratio0.0%
Months of Reserves160.8 months

Financial Health Grade: B

In 2023, Derrick Singer Private Foundation Tr reported a deficit of $42K with expenses exceeding revenue, holds 160.8 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), Derrick Singer Private Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.3%-2.1%-2.2%
2022+14.0%+10.6%-2.4%
2021+121.8%-7.7%-2.6%
2020-76.6%+13.4%-5.0%
2019+18.5%-9.1%-2.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Derrick Singer Private Foundation Tr demonstrates consistent financial stability with assets consistently over $1.3 million in recent years, reaching $1,410,951 in the latest filing. However, the organization has consistently spent more than it has brought in through revenue in recent periods, with expenses of $103,665 against revenue of $62,005 in 2023 and $105,874 against $57,256 in 2022. This trend of deficit spending, while not immediately critical given its substantial asset base, suggests a reliance on its endowment rather than operational revenue to cover expenses. The foundation's NTEE code T20 indicates it is a private foundation, which typically means it makes grants to other organizations rather than directly operating programs. Transparency appears high as the organization consistently files its IRS Form 990, and the absence of officer compensation simplifies financial scrutiny. The foundation's liabilities have remained minimal, often reported as $1, indicating a healthy balance sheet. While the specific breakdown of program vs. administrative spending isn't detailed in the provided summary, the nature of a private foundation often means a higher proportion of its expenses are grants (programmatic) and investment management (administrative). The significant revenue spike in 2012 ($1,185,802) stands out as an anomaly compared to typical annual revenues ranging from $22,646 to $96,695, suggesting a large one-time contribution or asset sale that year.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Derrick Singer Private Foundation Tr 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Derrick Singer Private Foundation Tr 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:

$62KTotal Revenue
$104KTotal Expenses
$1.4MTotal Assets
$1Total Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $42K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is common for smaller private foundations and enhances financial efficiency.

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 Derrick Singer Private Foundation Tr's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $103,665 expenses vs. $62,005 revenue in 2023.
  • Declining asset base over the last decade, from $1,625,521 in 2014 to $1,388,767 in 2023.

Strengths

The following positive indicators were identified for Derrick Singer Private Foundation Tr:

  • Strong and stable asset base, consistently over $1.3 million.
  • Zero officer compensation reported across all filings, indicating efficient use of funds.
  • Minimal liabilities, often reported as $1, reflecting a healthy balance sheet.
  • Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Derrick Singer Private Foundation Tr

Is Derrick Singer Private Foundation Tr a legitimate charity?

Derrick Singer Private Foundation Tr (EIN: 206189223) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $282K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Derrick Singer Private Foundation Tr spend its money?

Derrick Singer Private Foundation Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Derrick Singer Private Foundation Tr tax-deductible?

Derrick Singer Private Foundation Tr is registered as a tax-exempt nonprofit (EIN: 206189223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Derrick Singer Private Foundation Tr's spending goes to programs?

Derrick Singer Private Foundation Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Derrick Singer Private Foundation Tr compare to similar nonprofits?

With a transparency score of 75/100 (Good), Derrick Singer Private Foundation Tr 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 Derrick Singer Private Foundation Tr located?

Derrick Singer Private Foundation Tr is headquartered in Cumberland, Maryland and files with the IRS under EIN 206189223. It is classified under NTEE code T20.

How many years of IRS 990 filings does Derrick Singer Private Foundation Tr have?

Derrick Singer Private Foundation Tr 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 $282K in total revenue.

Is Derrick Singer Private Foundation Tr a good charity?

As a private foundation, its 'goodness' is primarily measured by its grant-making activities and financial stewardship. The foundation maintains a strong asset base (over $1.3 million) and has no officer compensation, which are positive indicators. However, it consistently spends more than its annual revenue, relying on its endowment, which could be a concern for long-term sustainability if not managed strategically.

What is the primary purpose of this organization?

Based on its NTEE code T20 (Private Grantmaking Foundations), the primary purpose of the Derrick Singer Private Foundation Tr is to make grants to other organizations or individuals, rather than directly operating charitable programs.

How has the foundation's financial health changed over time?

The foundation's assets have remained robust, generally above $1.3 million, though they have slightly declined from a peak of $1,625,521 in 2014 to $1,388,767 in 2023. Revenue has been inconsistent, with a large spike in 2012, but generally, annual expenses have exceeded annual revenues in recent years, indicating a draw on its principal.

Filing History

IRS 990 filing history for Derrick Singer Private Foundation Tr showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Derrick Singer Private Foundation Tr's revenue has grown by 188.2%, moving from $22K to $62K. Total assets increased by 170.6% over the same period, from $513K to $1.4M. Total functional expenses rose by 182.1%, from $37K to $104K. In its most recent filing year (2023), Derrick Singer Private Foundation Tr reported a deficit of $42K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $62K $104K $1.4M $1 View 990
2022 $57K $106K $1.4M $1 View 990
2021 $50K $96K $1.5M $1
2020 $23K $104K $1.5M $1
2019 $97K $91K $1.6M $1 View 990
2015 $82K $101K $1.6M $1 View 990
2014 $82K $88K $1.6M $1 View 990
2013 $92K $98K $1.6M $0 View 990
2012 $1.2M $77K $1.6M $0 View 990
2011 $22K $37K $513K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $62K, expenses of $104K, and assets of $1.4M (revenue +8.3% year-over-year).
  • 2022: Revenue of $57K, expenses of $106K, and assets of $1.4M (revenue +14.0% year-over-year).
  • 2021: Revenue of $50K, expenses of $96K, and assets of $1.5M (revenue +121.8% year-over-year).
  • 2020: Revenue of $23K, expenses of $104K, and assets of $1.5M (revenue -76.6% year-over-year).
  • 2019: Revenue of $97K, expenses of $91K, and assets of $1.6M (revenue +18.5% year-over-year).
  • 2015: Revenue of $82K, expenses of $101K, and assets of $1.6M (revenue -1.1% year-over-year).
  • 2014: Revenue of $82K, expenses of $88K, and assets of $1.6M (revenue -10.3% year-over-year).
  • 2013: Revenue of $92K, expenses of $98K, and assets of $1.6M (revenue -92.2% year-over-year).
  • 2012: Revenue of $1.2M, expenses of $77K, and assets of $1.6M (revenue +5411.8% year-over-year).
  • 2011: Revenue of $22K, expenses of $37K, and assets of $513K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Derrick Singer Private Foundation Tr:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Derrick Singer Private Foundation Tr 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.

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