Dinan Family Foundation Inc
Dinan Family Foundation maintains substantial assets and zero executive compensation despite recent operating deficits.
EIN: 133976827 · Palm Beach, FL · NTEE: T22 · Updated: 2026-03-28
Is Dinan Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dinan Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dinan Family Foundation Inc
Dinan Family Foundation Inc (EIN: 133976827) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code T22. The organization reported total revenue of $20.9M and total assets of $62.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dinan Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dinan Family Foundation Inc is a large nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $5.4M |
| Surplus / Deficit | $-2,448,445 |
| Total Assets | $56.1M |
| Total Liabilities | $1 |
| Net Assets | $56.1M |
| Operating Margin | -82.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 124.0 months |
Financial Health Grade: B
In 2023, Dinan Family Foundation Inc reported a deficit of $2.4M with expenses exceeding revenue, holds 124.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dinan Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.5% | +0.9% | -4.2% |
| 2022 | +434.5% | +8.6% | -0.5% |
| 2021 | -71.8% | +8.2% | -6.4% |
| 2020 | -41.0% | +0.5% | -1.9% |
| 2019 | +82.9% | +17.7% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Dinan Family Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dinan Family Foundation Inc 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 deficit of $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of this size ($62,903,825 in assets).
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 Dinan Family Foundation Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., $5.4M expenses vs. $2.9M revenue in 202306), which, if sustained without sufficient endowment growth, could impact long-term grant-making capacity.
Strengths
The following positive indicators were identified for Dinan Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Substantial and growing asset base, reaching $62,903,825, providing strong financial stability.
- Consistently low liabilities ($0-$1) across all reporting periods, reflecting sound financial management.
- Long and consistent filing history (10 filings), demonstrating commitment to transparency and regulatory compliance.
Frequently Asked Questions about Dinan Family Foundation Inc
Is Dinan Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dinan Family Foundation Inc (EIN: 133976827) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Dinan Family Foundation Inc spend its money?
Dinan Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dinan Family Foundation Inc tax-deductible?
Dinan Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133976827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dinan Family Foundation Inc. a good charity?
Based on the available data, the Dinan Family Foundation Inc. appears to be a well-managed private foundation with substantial assets and a strong commitment to transparency, evidenced by zero officer compensation. Its consistent grant-making (implied by expenses) and minimal liabilities are positive indicators.
How does the foundation manage its expenses relative to its revenue?
For the past four periods (2020-2023), the foundation's expenses have exceeded its revenue. For example, in 202306, expenses were $5,426,525 while revenue was $2,978,080. This suggests it is drawing from its endowment to fund its activities, which is typical for foundations but warrants monitoring for long-term sustainability.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over time, from $18,550,775 in 201106 to $62,903,825 in the latest period, indicating strong financial stewardship and investment performance.
Filing History
IRS 990 filing history for Dinan Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dinan Family Foundation Inc's revenue has declined by 54%, moving from $6.5M to $3.0M. Total assets increased by 202.3% over the same period, from $18.6M to $56.1M. Total functional expenses rose by 362.2%, from $1.2M to $5.4M. In its most recent filing year (2023), Dinan Family Foundation Inc reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $56.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $56.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $5.4M | $56.1M | $1 | — | View 990 |
| 2022 | $5.1M | $5.4M | $58.5M | $1 | — | View 990 |
| 2021 | $952K | $5.0M | $58.8M | $1 | — | View 990 |
| 2020 | $3.4M | $4.6M | $62.8M | $1 | — | View 990 |
| 2019 | $5.7M | $4.6M | $64.0M | $0 | — | View 990 |
| 2015 | $3.1M | $3.9M | $53.4M | $0 | — | View 990 |
| 2014 | $29.0M | $1.5M | $54.1M | $0 | — | View 990 |
| 2013 | $9.4M | $1.3M | $26.7M | $0 | — | View 990 |
| 2012 | $1.5M | $1.4M | $18.6M | $0 | — | View 990 |
| 2011 | $6.5M | $1.2M | $18.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $5.4M, and assets of $56.1M (revenue -41.5% year-over-year).
- 2022: Revenue of $5.1M, expenses of $5.4M, and assets of $58.5M (revenue +434.5% year-over-year).
- 2021: Revenue of $952K, expenses of $5.0M, and assets of $58.8M (revenue -71.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $4.6M, and assets of $62.8M (revenue -41.0% year-over-year).
- 2019: Revenue of $5.7M, expenses of $4.6M, and assets of $64.0M (revenue +82.9% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.9M, and assets of $53.4M (revenue -89.2% year-over-year).
- 2014: Revenue of $29.0M, expenses of $1.5M, and assets of $54.1M (revenue +209.2% year-over-year).
- 2013: Revenue of $9.4M, expenses of $1.3M, and assets of $26.7M (revenue +531.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $18.6M (revenue -77.1% year-over-year).
- 2011: Revenue of $6.5M, expenses of $1.2M, and assets of $18.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dinan Family Foundation Inc:
Data Sources and Methodology
This transparency report for Dinan Family 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.