Detectives Endowment Association Health Benefits Fund
Detectives Endowment Association Health Benefits Fund consistently expends nearly all revenue on benefits and operations with no reported officer compensation.
EIN: 132977629 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $17.1M |
| Program Spending | 95% |
| Net Assets | $444K |
| Transparency Score | 85/100 |
Is Detectives Endowment Association Health Benefits Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Detectives Endowment Association Health Benefits Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Detectives Endowment Association Health Benefits Fund
Detectives Endowment Association Health Benefits Fund (EIN: 132977629) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.2M and total assets of $407K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detectives Endowment Association Health Benefits Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Detectives Endowment Association Health Benefits Fund is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.5M |
| Total Expenses | $17.1M |
| Surplus / Deficit | +$400K |
| Total Assets | $705K |
| Total Liabilities | $261K |
| Net Assets | $444K |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 37.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Detectives Endowment Association Health Benefits Fund reported a surplus of $400K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 37.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Detectives Endowment Association Health Benefits Fund's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +1.6% | +131.3% |
| 2022 | +140.4% | +146.7% | -22.6% |
| 2021 | +27.1% | +23.8% | +64.2% |
| 2020 | +14.4% | -23.2% | +12.9% |
| 2019 | +15.0% | +0.2% | -91.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Detectives Endowment Association Health Benefits Fund with a Mission Score of 85 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Detectives Endowment Association Health Benefits Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $400K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for directing funds to its beneficiaries.
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 Detectives Endowment Association Health Benefits Fund's IRS 990 filings:
- Significant year-over-year fluctuations in assets and liabilities, indicating potential financial volatility.
- Expenses frequently exceeding revenue in several past periods (e.g., 2022, 2020, 2019, 2018, 2017, 2016, 2015, 2014) which could lead to drawing down reserves if not managed.
Strengths
The following positive indicators were identified for Detectives Endowment Association Health Benefits Fund:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
- High proportion of expenses dedicated to its core mission (benefit distribution), as typical for a health benefits fund.
- Significant revenue growth in recent years, from $6,970,697 in 2021 to $17,462,264 in 2023.
- Positive net income in the latest filing period (2023), reversing previous deficits.
Frequently Asked Questions about Detectives Endowment Association Health Benefits Fund
Is Detectives Endowment Association Health Benefits Fund a legitimate charity?
Detectives Endowment Association Health Benefits Fund (EIN: 132977629) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Detectives Endowment Association Health Benefits Fund spend its money?
Detectives Endowment Association Health Benefits Fund directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Detectives Endowment Association Health Benefits Fund tax-deductible?
Detectives Endowment Association Health Benefits Fund is registered as a tax-exempt nonprofit (EIN: 132977629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Detectives Endowment Association Health Benefits Fund located?
Detectives Endowment Association Health Benefits Fund is headquartered in New York, New York and files with the IRS under EIN 132977629.
How many years of IRS 990 filings does Detectives Endowment Association Health Benefits Fund have?
Detectives Endowment Association Health Benefits Fund 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 $8.2M in total revenue.
Is the Detectives Endowment Association Health Benefits Fund financially stable?
The fund's financial stability appears to be managed on a year-to-year basis, with expenses often closely matching or slightly exceeding revenue. While assets have fluctuated significantly, the fund has consistently met its obligations, as evidenced by its continued operation and benefit distribution. The 2023 filing shows a positive net income of $400,047, improving from a deficit in 2022.
How does the fund manage its liabilities?
Liabilities have varied considerably, from a high of $2,438,361 in 2014 to a low of $260,594 in 2023. The fund appears to manage its liabilities effectively, as evidenced by the significant reduction in liabilities from $384,783 in 2022 to $260,594 in 2023, while simultaneously increasing assets.
What is the primary purpose of this organization?
As a 'Health Benefits Fund,' its primary purpose is to provide health benefits to its members, likely detectives associated with the Detectives Endowment Association. This is reflected in its high expenditure levels relative to revenue, indicating direct benefit distribution.
Filing History
IRS 990 filing history for Detectives Endowment Association Health Benefits Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Detectives Endowment Association Health Benefits Fund's revenue has grown by 82.8%, moving from $9.6M to $17.5M. Total assets decreased by 96.7% over the same period, from $21.2M to $705K. Total functional expenses rose by 66.9%, from $10.2M to $17.1M. In its most recent filing year (2023), Detectives Endowment Association Health Benefits Fund reported a surplus of $400K, with revenue exceeding expenses. The organization holds $261K in liabilities against $705K in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $444K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.5M | $17.1M | $705K | $261K | — | — |
| 2022 | $16.8M | $16.8M | $305K | $385K | — | View 990 |
| 2021 | $7.0M | $6.8M | $394K | $673K | — | View 990 |
| 2020 | $5.5M | $5.5M | $240K | $1.0M | — | — |
| 2019 | $4.8M | $7.2M | $212K | $1.2M | — | View 990 |
| 2018 | $4.2M | $7.1M | $2.6M | $1.2M | — | View 990 |
| 2017 | $642K | $7.5M | $5.6M | $1.1M | — | View 990 |
| 2016 | $3.1M | $9.7M | $12.2M | $1.3M | — | View 990 |
| 2015 | $9.4M | $9.8M | $19.3M | $1.1M | — | View 990 |
| 2014 | $9.6M | $9.7M | $21.2M | $2.4M | — | View 990 |
| 2013 | $9.1M | $10.5M | $20.0M | $1.1M | — | View 990 |
| 2012 | $9.1M | $10.2M | $21.2M | $1.3M | — | View 990 |
| 2011 | $9.6M | $10.2M | $21.2M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.5M, expenses of $17.1M, and assets of $705K (revenue +4.2% year-over-year).
- 2022: Revenue of $16.8M, expenses of $16.8M, and assets of $305K (revenue +140.4% year-over-year).
- 2021: Revenue of $7.0M, expenses of $6.8M, and assets of $394K (revenue +27.1% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.5M, and assets of $240K (revenue +14.4% year-over-year).
- 2019: Revenue of $4.8M, expenses of $7.2M, and assets of $212K (revenue +15.0% year-over-year).
- 2018: Revenue of $4.2M, expenses of $7.1M, and assets of $2.6M (revenue +549.2% year-over-year).
- 2017: Revenue of $642K, expenses of $7.5M, and assets of $5.6M (revenue -79.1% year-over-year).
- 2016: Revenue of $3.1M, expenses of $9.7M, and assets of $12.2M (revenue -67.2% year-over-year).
- 2015: Revenue of $9.4M, expenses of $9.8M, and assets of $19.3M (revenue -2.0% year-over-year).
- 2014: Revenue of $9.6M, expenses of $9.7M, and assets of $21.2M (revenue +5.2% year-over-year).
- 2013: Revenue of $9.1M, expenses of $10.5M, and assets of $20.0M (revenue -0.4% year-over-year).
- 2012: Revenue of $9.1M, expenses of $10.2M, and assets of $21.2M (revenue -4.6% year-over-year).
- 2011: Revenue of $9.6M, expenses of $10.2M, and assets of $21.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detectives Endowment Association Health Benefits Fund:
Data Sources and Methodology
This transparency report for Detectives Endowment Association Health Benefits Fund 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.