Devils Care Foundation Inc
Devils Care Foundation consistently generates revenue and reports no officer compensation.
EIN: 201776119 · Newark, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $768K |
| Total Expenses | $723K |
| Program Spending | 90% |
| Net Assets | $268K |
| Transparency Score | 92/100 |
Is Devils Care Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Devils Care Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Devils Care Foundation Inc
Devils Care Foundation Inc (EIN: 201776119) is a nonprofit organization based in Newark, NJ, classified under NTEE code T20. The organization reported total revenue of $768K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Devils Care Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Devils Care Foundation Inc 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 63.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $795K |
| Total Expenses | $723K |
| Surplus / Deficit | +$72K |
| Total Assets | $455K |
| Total Liabilities | $187K |
| Net Assets | $268K |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, Devils Care Foundation Inc reported a surplus of $72K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Devils Care Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 63.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.1% | +19.5% | +24.5% |
| 2022 | +127.7% | +68.7% | +12.0% |
| 2021 | -74.9% | -61.0% | -26.6% |
| 2020 | +18.5% | +38.8% | -7.8% |
| 2019 | +21.7% | +42.8% | +82.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Devils Care Foundation Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Devils Care Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers. This suggests a highly volunteer-driven leadership or that compensation is covered by an affiliated entity, which significantly boosts the organization's financial efficiency and transparency.
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 Devils Care Foundation Inc's IRS 990 filings:
- Potential for reliance on affiliated entities for operational support given 0% officer compensation, which may not be fully transparent in these filings.
Strengths
The following positive indicators were identified for Devils Care Foundation Inc:
- Consistent revenue generation and growth over time, with latest revenue at $794,762.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication of funds to programs.
- Healthy growth in assets from $2,213 in 2011 to $455,005 in 2023.
- Positive net income in most years, demonstrating sound financial management.
- Consistent filing of IRS Form 990s, indicating good transparency practices.
Frequently Asked Questions about Devils Care Foundation Inc
Is Devils Care Foundation Inc a legitimate charity?
Devils Care Foundation Inc (EIN: 201776119) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $768K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Devils Care Foundation Inc spend its money?
Devils Care Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Devils Care Foundation Inc tax-deductible?
Devils Care Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201776119). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Devils Care Foundation Inc's spending goes to programs?
Devils Care Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Devils Care Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Devils Care Foundation Inc 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 Devils Care Foundation Inc located?
Devils Care Foundation Inc is headquartered in Newark, New Jersey and files with the IRS under EIN 201776119. It is classified under NTEE code T20.
How many years of IRS 990 filings does Devils Care Foundation Inc have?
Devils Care Foundation Inc 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 $768K in total revenue.
Is Devils Care Foundation Inc a good charity?
Based on the available financial data, Devils Care Foundation Inc appears to be a good charity. It demonstrates consistent revenue generation, growth in assets, and a notable commitment to efficiency by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed to its mission.
How has Devils Care Foundation Inc's revenue trended over time?
Devils Care Foundation Inc has shown significant revenue growth, starting from $2,213 in 2011 to a peak of $924,830 in 2020, and maintaining strong levels such as $794,762 in 2023. This indicates a robust and growing financial capacity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries are paid to its officers, which is a strong positive for financial efficiency and transparency, suggesting a volunteer-led model or external funding for leadership.
Are the organization's assets growing?
Yes, the organization's assets have shown substantial growth, increasing from $2,213 in 2011 to $455,005 in 2023, indicating financial stability and accumulation of resources over time.
Filing History
IRS 990 filing history for Devils Care Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Devils Care Foundation Inc's revenue has grown by 35813.3%, moving from $2K to $795K. Total assets increased by 20460.6% over the same period, from $2K to $455K. In its most recent filing year (2023), Devils Care Foundation Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $187K in liabilities against $455K in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $795K | $723K | $455K | $187K | — | View 990 |
| 2022 | $529K | $605K | $365K | $169K | — | View 990 |
| 2021 | $232K | $359K | $326K | $55K | — | View 990 |
| 2020 | $925K | $920K | $445K | $47K | — | — |
| 2019 | $781K | $663K | $482K | $89K | — | — |
| 2015 | $642K | $464K | $263K | $33K | — | View 990 |
| 2014 | $160K | $137K | $332K | $172K | — | View 990 |
| 2013 | $223K | $157K | $309K | $172K | — | View 990 |
| 2012 | $70K | $52 | $72K | $1 | — | View 990 |
| 2011 | $2K | $0 | $2K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $795K, expenses of $723K, and assets of $455K (revenue +50.1% year-over-year).
- 2022: Revenue of $529K, expenses of $605K, and assets of $365K (revenue +127.7% year-over-year).
- 2021: Revenue of $232K, expenses of $359K, and assets of $326K (revenue -74.9% year-over-year).
- 2020: Revenue of $925K, expenses of $920K, and assets of $445K (revenue +18.5% year-over-year).
- 2019: Revenue of $781K, expenses of $663K, and assets of $482K (revenue +21.7% year-over-year).
- 2015: Revenue of $642K, expenses of $464K, and assets of $263K (revenue +301.7% year-over-year).
- 2014: Revenue of $160K, expenses of $137K, and assets of $332K (revenue -28.2% year-over-year).
- 2013: Revenue of $223K, expenses of $157K, and assets of $309K (revenue +218.4% year-over-year).
- 2012: Revenue of $70K, expenses of $52, and assets of $72K (revenue +3059.3% year-over-year).
- 2011: Revenue of $2K, expenses of $0, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Devils Care Foundation Inc:
Data Sources and Methodology
This transparency report for Devils Care 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.