Detectives Endowment Association Retirees Health Benefits Fund
Detectives Endowment Association Retirees Health Benefits Fund consistently allocates resources to health benefits with no reported officer compensation.
EIN: 133000532 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.8M |
| Total Expenses | $28.0M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $5.0M |
| Transparency Score | 85/100 |
Is Detectives Endowment Association Retirees 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 Retirees 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 Retirees Health Benefits Fund
Detectives Endowment Association Retirees Health Benefits Fund (EIN: 133000532) is a nonprofit organization based in New York, NY. The organization reported total revenue of $22.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detectives Endowment Association Retirees 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 Retirees Health Benefits Fund is a large 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 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.0M |
| Total Expenses | $28.0M |
| Surplus / Deficit | +$3.0M |
| Total Assets | $6.7M |
| Total Liabilities | $1.7M |
| Net Assets | $5.0M |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Detectives Endowment Association Retirees Health Benefits Fund reported a surplus of $3.0M with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Detectives Endowment Association Retirees Health Benefits Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +18.4% | +82.3% |
| 2022 | +16.5% | +25.2% | -2.6% |
| 2021 | +22.4% | +7.7% | +51.6% |
| 2020 | +0.5% | +7.2% | -29.1% |
| 2019 | +290.5% | -3.1% | +1.3% |
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 Retirees 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 Retirees 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 $3.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.0%.
Executive Compensation Analysis
No officer compensation has been reported across all 13 available IRS 990 filings, indicating that executive leadership is either unpaid or compensated through other means not disclosed as officer compensation, which is highly unusual for an organization with annual revenues exceeding $20 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 Detectives Endowment Association Retirees Health Benefits Fund's IRS 990 filings:
- Significant decline in assets from $47M in 2014 to $2.4M in 2020 without clear explanation in summary data.
- No reported officer compensation for an organization with over $20 million in annual revenue, which is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Detectives Endowment Association Retirees Health Benefits Fund:
- Consistent high revenue generation, exceeding $20 million in most recent years, indicating stable funding.
- Strong program focus, with the vast majority of expenses likely directed towards health benefits.
- Positive net income in the most recent filing (202312), with revenue of $30,987,256 exceeding expenses of $27,984,549.
- Growth in assets in recent years, from $2,484,863 in 2020 to $6,688,101 in 2023, suggesting financial recovery or rebuilding of reserves.
- Consistent IRS 990 filing history over 13 periods, demonstrating regulatory compliance and transparency.
Frequently Asked Questions about Detectives Endowment Association Retirees Health Benefits Fund
Is Detectives Endowment Association Retirees Health Benefits Fund a legitimate charity?
Detectives Endowment Association Retirees Health Benefits Fund (EIN: 133000532) 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: $22.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Detectives Endowment Association Retirees Health Benefits Fund spend its money?
Detectives Endowment Association Retirees Health Benefits Fund directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Detectives Endowment Association Retirees Health Benefits Fund tax-deductible?
Detectives Endowment Association Retirees Health Benefits Fund is registered as a tax-exempt nonprofit (EIN: 133000532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Detectives Endowment Association Retirees Health Benefits Fund CEO make?
Detectives Endowment Association Retirees Health Benefits Fund's highest-compensated officer earns $20 annually. The organization reported $22.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Detectives Endowment Association Retirees Health Benefits Fund located?
Detectives Endowment Association Retirees Health Benefits Fund is headquartered in New York, New York and files with the IRS under EIN 133000532.
How many years of IRS 990 filings does Detectives Endowment Association Retirees Health Benefits Fund have?
Detectives Endowment Association Retirees 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 $22.8M in total revenue.
How does the organization manage to operate without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive functions are performed by volunteers, or compensation is structured in a way that it is not reported under 'officer compensation' on the 990, such as through a related entity or as general employee salaries if the officers are not considered 'key employees' or 'highest compensated employees' under IRS definitions.
What caused the significant decline in assets from $47 million in 2014 to $2.4 million in 2020?
The provided data shows a substantial decrease in assets from $47,058,317 in 2014 to $2,484,863 in 2020. This could be due to significant payouts for health benefits, investment losses, or a strategic decision to reduce reserves, but without more detailed financial statements, the exact cause is unclear.
What are the primary sources of revenue for the fund?
While the specific breakdown of revenue sources is not provided in the summary, for a health benefits fund, typical sources include employer contributions, member premiums, investment income, and potentially grants or other forms of support. Given the consistent high revenue, it's likely a stable stream from contributions or premiums.
Filing History
IRS 990 filing history for Detectives Endowment Association Retirees Health Benefits Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Detectives Endowment Association Retirees Health Benefits Fund's revenue has grown by 53.8%, moving from $20.1M to $31.0M. Total assets decreased by 80.5% over the same period, from $34.3M to $6.7M. Total functional expenses rose by 63%, from $17.2M to $28.0M. In its most recent filing year (2023), Detectives Endowment Association Retirees Health Benefits Fund reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $6.7M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.0M | $28.0M | $6.7M | $1.7M | — | — |
| 2022 | $23.5M | $23.6M | $3.7M | $2.1M | — | View 990 |
| 2021 | $20.2M | $18.9M | $3.8M | $2.8M | — | View 990 |
| 2020 | $16.5M | $17.5M | $2.5M | $2.8M | — | — |
| 2019 | $16.4M | $16.3M | $3.5M | $2.6M | — | View 990 |
| 2018 | $4.2M | $16.9M | $3.5M | $2.9M | — | View 990 |
| 2017 | $6.0M | $18.9M | $17.1M | $3.4M | — | View 990 |
| 2016 | $5.9M | $20.7M | $29.2M | $3.1M | — | View 990 |
| 2015 | $21.4M | $20.5M | $43.4M | $3.2M | — | View 990 |
| 2014 | $23.9M | $20.6M | $47.1M | $6.5M | — | View 990 |
| 2013 | $22.4M | $19.6M | $42.4M | $3.7M | — | View 990 |
| 2012 | $20.8M | $16.8M | $39.2M | $3.5M | — | View 990 |
| 2011 | $20.1M | $17.2M | $34.3M | $3.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.0M, expenses of $28.0M, and assets of $6.7M (revenue +31.8% year-over-year).
- 2022: Revenue of $23.5M, expenses of $23.6M, and assets of $3.7M (revenue +16.5% year-over-year).
- 2021: Revenue of $20.2M, expenses of $18.9M, and assets of $3.8M (revenue +22.4% year-over-year).
- 2020: Revenue of $16.5M, expenses of $17.5M, and assets of $2.5M (revenue +0.5% year-over-year).
- 2019: Revenue of $16.4M, expenses of $16.3M, and assets of $3.5M (revenue +290.5% year-over-year).
- 2018: Revenue of $4.2M, expenses of $16.9M, and assets of $3.5M (revenue -29.4% year-over-year).
- 2017: Revenue of $6.0M, expenses of $18.9M, and assets of $17.1M (revenue +1.7% year-over-year).
- 2016: Revenue of $5.9M, expenses of $20.7M, and assets of $29.2M (revenue -72.7% year-over-year).
- 2015: Revenue of $21.4M, expenses of $20.5M, and assets of $43.4M (revenue -10.6% year-over-year).
- 2014: Revenue of $23.9M, expenses of $20.6M, and assets of $47.1M (revenue +6.7% year-over-year).
- 2013: Revenue of $22.4M, expenses of $19.6M, and assets of $42.4M (revenue +7.8% year-over-year).
- 2012: Revenue of $20.8M, expenses of $16.8M, and assets of $39.2M (revenue +3.3% year-over-year).
- 2011: Revenue of $20.1M, expenses of $17.2M, and assets of $34.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detectives Endowment Association Retirees Health Benefits Fund:
Data Sources and Methodology
This transparency report for Detectives Endowment Association Retirees 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.