Developing Artists Foundation Inc
EIN: 593033011 · Jacksonville, FL · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $622K |
| Total Expenses | $227K |
| Net Assets | $3.6M |
Is Developing Artists Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Developing Artists Foundation Inc
Developing Artists Foundation Inc (EIN: 593033011) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code A25. The organization reported total revenue of $622K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Developing Artists Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Developing Artists Foundation Inc is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $227K |
| Surplus / Deficit | +$213K |
| Total Assets | $3.6M |
| Net Assets | $3.6M |
| Operating Margin | 48.5% |
| Months of Reserves | 190.5 months |
Financial Health Grade: A
In 2023, Developing Artists Foundation Inc reported a surplus of $213K with revenue exceeding expenses, holds 190.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2017–2023), Developing Artists Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | -10.6% | +11.3% |
| 2022 | -18.6% | +18.5% | +372.9% |
| 2021 | +26.9% | -22.0% | +121.0% |
| 2019 | +54.6% | +78.5% | +87.4% |
| 2018 | +177.2% | +209.6% | +243.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Developing Artists Foundation Inc 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 Developing Artists Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $213K, with revenue exceeding expenses.
Frequently Asked Questions about Developing Artists Foundation Inc
Is Developing Artists Foundation Inc a legitimate charity?
Developing Artists Foundation Inc (EIN: 593033011) is a registered tax-exempt nonprofit based in Florida. It has 6 years of IRS 990 filings on record. Total revenue: $622K. No red flags identified. Financial health grade: A.
How does Developing Artists Foundation Inc spend its money?
Developing Artists Foundation Inc reported $622K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Developing Artists Foundation Inc tax-deductible?
Developing Artists Foundation Inc is registered as a tax-exempt nonprofit (EIN: 593033011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Developing Artists Foundation Inc located?
Developing Artists Foundation Inc is headquartered in Jacksonville, Florida and files with the IRS under EIN 593033011. It is classified under NTEE code A25.
How many years of IRS 990 filings does Developing Artists Foundation Inc have?
Developing Artists Foundation Inc has 6 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 $622K in total revenue.
Filing History
IRS 990 filing history for Developing Artists Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Developing Artists Foundation Inc's revenue has grown by 350.5%, moving from $98K to $440K. Total assets increased by 7394.8% over the same period, from $48K to $3.6M. Total functional expenses rose by 356.6%, from $50K to $227K. In its most recent filing year (2023), Developing Artists Foundation Inc reported a surplus of $213K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $227K | $3.6M | $0 | — | View 990 |
| 2022 | $432K | $253K | $3.2M | $0 | — | View 990 |
| 2021 | $531K | $214K | $683K | $0 | — | — |
| 2019 | $418K | $274K | $309K | $0 | — | View 990 |
| 2018 | $271K | $154K | $165K | $0 | — | View 990 |
| 2017 | $98K | $50K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $227K, and assets of $3.6M (revenue +1.8% year-over-year).
- 2022: Revenue of $432K, expenses of $253K, and assets of $3.2M (revenue -18.6% year-over-year).
- 2021: Revenue of $531K, expenses of $214K, and assets of $683K (revenue +26.9% year-over-year).
- 2019: Revenue of $418K, expenses of $274K, and assets of $309K (revenue +54.6% year-over-year).
- 2018: Revenue of $271K, expenses of $154K, and assets of $165K (revenue +177.2% year-over-year).
- 2017: Revenue of $98K, expenses of $50K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Developing Artists Foundation Inc:
Data Sources and Methodology
This transparency report for Developing Artists Foundation 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.