Dick & Diane May Foundation Inc
Dick & Diane May Foundation experiences consistent negative revenue and declining assets despite zero officer compensation.
EIN: 200768118 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $59K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 55/100 |
Is Dick & Diane May Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dick & Diane May Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dick & Diane May Foundation Inc
Dick & Diane May Foundation Inc (EIN: 200768118) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $106K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dick & Diane May Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dick & Diane May Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -265.3% | +34.9% | -24.5% |
| 2019 | -160.9% | -41.1% | +11.5% |
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 Dick & Diane May Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Dick & Diane May Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that officers are not compensated, which is a positive for minimizing administrative costs for an organization of this asset size.
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 Dick & Diane May Foundation Inc's IRS 990 filings:
- Consistent negative revenue reported in multiple recent years (e.g., -$358,224 in 2022, -$21,710 in 2023).
- Significant decline in total assets from $1,779,377 in 2019 to $1,243,124 in 2023.
- Lack of detailed expense breakdown to verify program spending efficiency.
Strengths
The following positive indicators were identified for Dick & Diane May Foundation Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Maintains a substantial asset base ($1,190,351) despite financial challenges.
- Low liabilities ($1 across all filings) indicating minimal debt.
Frequently Asked Questions about Dick & Diane May Foundation Inc
Is Dick & Diane May Foundation Inc a legitimate charity?
Dick & Diane May Foundation Inc (EIN: 200768118) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $106K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Dick & Diane May Foundation Inc spend its money?
Dick & Diane May Foundation Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dick & Diane May Foundation Inc tax-deductible?
Dick & Diane May Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200768118). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dick & Diane May Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Dick & Diane May Foundation Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dick & Diane May Foundation Inc located?
Dick & Diane May Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200768118. It is classified under NTEE code T20.
How many years of IRS 990 filings does Dick & Diane May Foundation Inc have?
Dick & Diane May 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 $106K in total revenue.
Why does the foundation consistently report negative revenue in recent years?
The filings show negative revenue in 2023 ($-21,710), 2022 ($-358,224), 2020 ($-119,646), and 2019 ($-71,423). This is highly unusual and could indicate significant investment losses, return of contributions, or specific accounting practices that require further clarification from the organization's detailed financial statements.
What is the primary cause of the declining asset base?
The foundation's assets have decreased from a high of $1,779,377 in 2019 to $1,243,124 in 2023. This decline, especially in conjunction with negative revenue figures, suggests that expenses are consistently exceeding positive income, potentially drawing down the endowment or experiencing significant investment losses.
How does the foundation sustain its operations with recurring negative revenue?
Given the consistent negative revenue, the foundation appears to be sustaining its operations and covering expenses by drawing from its substantial asset base. This is not a sustainable long-term model without a reversal in revenue trends or a clear strategy for asset preservation.
Filing History
IRS 990 filing history for Dick & Diane May Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dick & Diane May Foundation Inc's revenue has declined by 102.5%, moving from $876K to $-21,710. Total assets decreased by 14.2% over the same period, from $1.4M to $1.2M. Total functional expenses rose by 17%, from $50K to $59K. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-21,710 | $59K | $1.2M | $1 | — | — |
| 2022 | $-358,224 | $71K | $1.3M | $1 | — | View 990 |
| 2021 | $217K | $52K | $1.8M | $1 | — | — |
| 2020 | $-119,646 | $71K | $1.6M | $1 | — | — |
| 2019 | $-71,423 | $64K | $1.8M | $1 | — | View 990 |
| 2015 | $117K | $109K | $1.6M | $1 | — | View 990 |
| 2014 | $104K | $114K | $1.6M | $1 | — | View 990 |
| 2013 | $127K | $81K | $1.6M | $1 | — | View 990 |
| 2012 | $156K | $55K | $1.6M | $1 | — | View 990 |
| 2011 | $876K | $50K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-21,710, expenses of $59K, and assets of $1.2M.
- 2022: Revenue of $-358,224, expenses of $71K, and assets of $1.3M (revenue -265.3% year-over-year).
- 2021: Revenue of $217K, expenses of $52K, and assets of $1.8M.
- 2020: Revenue of $-119,646, expenses of $71K, and assets of $1.6M.
- 2019: Revenue of $-71,423, expenses of $64K, and assets of $1.8M (revenue -160.9% year-over-year).
- 2015: Revenue of $117K, expenses of $109K, and assets of $1.6M (revenue +13.0% year-over-year).
- 2014: Revenue of $104K, expenses of $114K, and assets of $1.6M (revenue -18.5% year-over-year).
- 2013: Revenue of $127K, expenses of $81K, and assets of $1.6M (revenue -18.3% year-over-year).
- 2012: Revenue of $156K, expenses of $55K, and assets of $1.6M (revenue -82.2% year-over-year).
- 2011: Revenue of $876K, expenses of $50K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dick & Diane May Foundation Inc:
Data Sources and Methodology
This transparency report for Dick & Diane May 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.