Diagnostic Imaging Foundation
Diagnostic Imaging Foundation consistently operates at near break-even with minimal assets and no reported officer compensation.
EIN: 204099897 · Warwick, RI · NTEE: G90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $3K |
| Transparency Score | 75/100 |
Is Diagnostic Imaging Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Diagnostic Imaging Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diagnostic Imaging Foundation
Diagnostic Imaging Foundation (EIN: 204099897) is a nonprofit organization based in Warwick, RI, classified under NTEE code G90. The organization reported total revenue of $2.5M and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diagnostic Imaging Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diagnostic Imaging Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$12K |
| Total Assets | $7K |
| Total Liabilities | $4K |
| Net Assets | $3K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 58.8% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Diagnostic Imaging Foundation reported a surplus of $12K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 58.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Diagnostic Imaging Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | +20.4% | -20.1% |
| 2022 | -5.8% | -5.7% | -17.0% |
| 2021 | +6.0% | +3.8% | +9.3% |
| 2020 | -5.2% | -4.4% | -76.6% |
| 2019 | -4.2% | -6.3% | +121.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Diagnostic Imaging Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Diagnostic Imaging Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with over $1.8 million in annual revenue.
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 Diagnostic Imaging Foundation's IRS 990 filings:
- Extremely low asset base relative to annual revenue, indicating minimal financial reserves (e.g., $6,931 assets vs. $1.8M revenue in 2023).
- Consistent near break-even operations, which could limit capacity for growth or unexpected expenses.
- Significant decline in assets over the past decade (from $362,975 in 2013 to $6,931 in 2023).
Strengths
The following positive indicators were identified for Diagnostic Imaging Foundation:
- Consistent 0% officer compensation, indicating a strong commitment to directing funds to the mission.
- Stable revenue generation over the past decade, consistently around $1.5M - $1.8M annually.
- Efficient spending, with expenses closely matching revenues, suggesting good budget management.
Frequently Asked Questions about Diagnostic Imaging Foundation
Is Diagnostic Imaging Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Diagnostic Imaging Foundation (EIN: 204099897) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Diagnostic Imaging Foundation spend its money?
Diagnostic Imaging Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Diagnostic Imaging Foundation tax-deductible?
Diagnostic Imaging Foundation is registered as a tax-exempt nonprofit (EIN: 204099897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Diagnostic Imaging Foundation CEO make?
Diagnostic Imaging Foundation's highest-compensated officer earns $1.8 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Diagnostic Imaging Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Diagnostic Imaging Foundation is above average for NTEE category G90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Diagnostic Imaging Foundation located?
Diagnostic Imaging Foundation is headquartered in Warwick, Rhode Island and files with the IRS under EIN 204099897. It is classified under NTEE code G90.
How many years of IRS 990 filings does Diagnostic Imaging Foundation have?
Diagnostic Imaging Foundation 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 $2.5M in total revenue.
How does the Diagnostic Imaging Foundation sustain operations with such minimal assets?
The organization consistently operates at a near break-even point, with expenses closely matching revenues annually. For example, in 2023, revenues were $1,846,963 and expenses were $1,835,299. This suggests a 'pass-through' model where funds are spent almost immediately, rather than accumulated as reserves.
What is the nature of the organization's expenses given the 0% officer compensation?
With no reported officer compensation, the vast majority of the organization's $1.8 million in annual expenses (e.g., $1,835,299 in 2023) must be allocated to program services, administrative overhead, or other operational costs, excluding executive salaries. This implies a highly volunteer-driven leadership or external management structure.
Why have the organization's assets significantly decreased over the past decade?
Assets have declined from a high of $362,975 in 2013 to $6,931 in 2023. This trend suggests either a deliberate strategy to minimize asset holdings, significant asset depreciation without replacement, or a shift in financial management practices that prioritizes immediate spending over asset accumulation.
Filing History
IRS 990 filing history for Diagnostic Imaging Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Diagnostic Imaging Foundation's revenue has grown by 151.3%, moving from $735K to $1.8M. Total assets increased by 537% over the same period, from $1K to $7K. Total functional expenses rose by 90.7%, from $962K to $1.8M. In its most recent filing year (2023), Diagnostic Imaging Foundation reported a surplus of $12K, with revenue exceeding expenses. The organization holds $4K in liabilities against $7K in assets (debt-to-asset ratio: 58.8%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $7K | $4K | — | View 990 |
| 2022 | $1.5M | $1.5M | $9K | $1 | — | View 990 |
| 2021 | $1.6M | $1.6M | $10K | $1 | — | View 990 |
| 2020 | $1.5M | $1.6M | $10K | $1 | — | — |
| 2019 | $1.6M | $1.6M | $41K | $1 | — | View 990 |
| 2015 | $1.7M | $1.7M | $18K | $0 | — | View 990 |
| 2014 | $1.5M | $1.7M | $76K | $0 | — | View 990 |
| 2013 | $1.5M | $1.4M | $363K | $0 | — | View 990 |
| 2012 | $1.9M | $1.6M | $311K | $0 | — | View 990 |
| 2011 | $735K | $962K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $7K (revenue +21.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $9K (revenue -5.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $10K (revenue +6.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $10K (revenue -5.2% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $41K (revenue -4.2% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $18K (revenue +15.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.7M, and assets of $76K (revenue -3.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $363K (revenue -22.0% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.6M, and assets of $311K (revenue +161.6% year-over-year).
- 2011: Revenue of $735K, expenses of $962K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diagnostic Imaging Foundation:
Data Sources and Methodology
This transparency report for Diagnostic Imaging Foundation 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.