Diaspora Global Initiative Inc
EIN: 273273058 · Clarksburg, MD · NTEE: N64
Is Diaspora Global Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Diaspora Global Initiative Inc
Diaspora Global Initiative Inc (EIN: 273273058) is a nonprofit organization based in Clarksburg, MD, classified under NTEE code N64. The organization reported total revenue of $103K and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diaspora Global Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Diaspora Global Initiative 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 Diaspora Global Initiative 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.
Frequently Asked Questions about Diaspora Global Initiative Inc
Is Diaspora Global Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Diaspora Global Initiative Inc (EIN: 273273058) insufficient data. 0 red flags identified, 0 strengths noted.
How does Diaspora Global Initiative Inc spend its money?
Detailed spending breakdown data is not yet available for Diaspora Global Initiative Inc. Check back for updated IRS 990 analysis.
Are donations to Diaspora Global Initiative Inc tax-deductible?
Diaspora Global Initiative Inc is registered as a tax-exempt nonprofit (EIN: 273273058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Diaspora Global Initiative Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Diaspora Global Initiative Inc's revenue has grown by 160.3%, moving from $35K to $91K. Total assets increased by 426.7% over the same period, from $3K to $18K. Total functional expenses rose by 191%, from $31K to $92K. In its most recent filing year (2023), Diaspora Global Initiative Inc reported a deficit of $836, with expenses exceeding revenue. The organization holds $101K in liabilities against $18K in assets (debt-to-asset ratio: 567.2%), resulting in net assets of $-83,357.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $92K | $18K | $101K | — | View 990 |
| 2022 | $102K | $168K | $19K | $101K | — | View 990 |
| 2021 | $204K | $236K | $82K | $99K | — | — |
| 2020 | $704K | $703K | $2K | $0 | — | View 990 |
| 2019 | $243K | $242K | $601 | $0 | — | View 990 |
| 2018 | $57K | $60K | $2 | $0 | — | View 990 |
| 2017 | $35K | $31K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $92K, and assets of $18K (revenue -11.1% year-over-year).
- 2022: Revenue of $102K, expenses of $168K, and assets of $19K (revenue -50.0% year-over-year).
- 2021: Revenue of $204K, expenses of $236K, and assets of $82K (revenue -70.9% year-over-year).
- 2020: Revenue of $704K, expenses of $703K, and assets of $2K (revenue +190.0% year-over-year).
- 2019: Revenue of $243K, expenses of $242K, and assets of $601 (revenue +327.3% year-over-year).
- 2018: Revenue of $57K, expenses of $60K, and assets of $2 (revenue +62.8% year-over-year).
- 2017: Revenue of $35K, expenses of $31K, and assets of $3K.
Data Sources and Methodology
This transparency report for Diaspora Global Initiative 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.