Dethmerf Demco Healthcare Plan Tr
EIN: 421419007 · Boyden, IA
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Net Assets | $605K |
Is Dethmerf Demco Healthcare Plan Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dethmerf Demco Healthcare Plan Tr
Dethmerf Demco Healthcare Plan Tr (EIN: 421419007) is a nonprofit organization based in Boyden, IA. The organization reported total revenue of $2.8M and total assets of $899K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dethmerf Demco Healthcare Plan Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dethmerf Demco Healthcare Plan Tr is a mid-size nonprofit that has been operating for 31 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.9M |
| Surplus / Deficit | $-112,773 |
| Total Assets | $899K |
| Total Liabilities | $294K |
| Net Assets | $605K |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2021, Dethmerf Demco Healthcare Plan Tr reported a deficit of $113K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Dethmerf Demco Healthcare Plan Tr's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +16.5% | +37.5% | -6.2% |
| 2020 | +2.5% | -12.7% | +36.2% |
| 2019 | +27.4% | +22.6% | +3.5% |
| 2018 | +1.0% | +10.6% | -16.0% |
| 2017 | +1.9% | +4.7% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dethmerf Demco Healthcare Plan Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dethmerf Demco Healthcare Plan Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about Dethmerf Demco Healthcare Plan Tr
Is Dethmerf Demco Healthcare Plan Tr a legitimate charity?
Dethmerf Demco Healthcare Plan Tr (EIN: 421419007) is a registered tax-exempt nonprofit based in Iowa. It has 11 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. Financial health grade: B.
How does Dethmerf Demco Healthcare Plan Tr spend its money?
Dethmerf Demco Healthcare Plan Tr reported $2.8M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Dethmerf Demco Healthcare Plan Tr tax-deductible?
Dethmerf Demco Healthcare Plan Tr is registered as a tax-exempt nonprofit (EIN: 421419007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dethmerf Demco Healthcare Plan Tr located?
Dethmerf Demco Healthcare Plan Tr is headquartered in Boyden, Iowa and files with the IRS under EIN 421419007.
How many years of IRS 990 filings does Dethmerf Demco Healthcare Plan Tr have?
Dethmerf Demco Healthcare Plan Tr has 11 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 $2.8M in total revenue.
Filing History
IRS 990 filing history for Dethmerf Demco Healthcare Plan Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Dethmerf Demco Healthcare Plan Tr's revenue has grown by 48.6%, moving from $1.9M to $2.8M. Total assets increased by 5.3% over the same period, from $853K to $899K. Total functional expenses rose by 65.8%, from $1.7M to $2.9M. In its most recent filing year (2021), Dethmerf Demco Healthcare Plan Tr reported a deficit of $113K, with expenses exceeding revenue. The organization holds $294K in liabilities against $899K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $605K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $2.8M | $2.9M | $899K | $294K | — | View 990 |
| 2020 | $2.4M | $2.1M | $959K | $240K | — | — |
| 2019 | $2.3M | $2.4M | $704K | $265K | — | View 990 |
| 2018 | $1.8M | $1.9M | $680K | $159K | — | View 990 |
| 2017 | $1.8M | $1.8M | $810K | $151K | — | View 990 |
| 2016 | $1.8M | $1.7M | $779K | $161K | — | View 990 |
| 2015 | $1.4M | $1.7M | $581K | $141K | — | View 990 |
| 2014 | $1.9M | $2.1M | $971K | $178K | — | View 990 |
| 2013 | $1.9M | $1.7M | $1.2M | $220K | — | View 990 |
| 2012 | $1.9M | $1.8M | $895K | $116K | — | View 990 |
| 2011 | $1.9M | $1.7M | $853K | $156K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.8M, expenses of $2.9M, and assets of $899K (revenue +16.5% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.1M, and assets of $959K (revenue +2.5% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.4M, and assets of $704K (revenue +27.4% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $680K (revenue +1.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $810K (revenue +1.9% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $779K (revenue +27.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.7M, and assets of $581K (revenue -25.6% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.1M, and assets of $971K (revenue -3.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.7M, and assets of $1.2M (revenue +3.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $895K (revenue +0.3% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.7M, and assets of $853K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dethmerf Demco Healthcare Plan Tr:
Data Sources and Methodology
This transparency report for Dethmerf Demco Healthcare Plan 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.