Dinovi Family Foundation
Dinovi Family Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 200011660 · N Palm Beach, FL · NTEE: T22 · Updated: 2026-03-28
Is Dinovi Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dinovi Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dinovi Family Foundation
Dinovi Family Foundation (EIN: 200011660) is a nonprofit organization based in N Palm Beach, FL, classified under NTEE code T22. The organization reported total revenue of $2.7M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dinovi Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dinovi Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-204,056 |
| Total Assets | $17.9M |
| Total Liabilities | $1 |
| Net Assets | $17.9M |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 154.3 months |
Financial Health Grade: B
In 2023, Dinovi Family Foundation reported a deficit of $204K with expenses exceeding revenue, holds 154.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Dinovi Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.6% | +43.7% | +6.3% |
| 2022 | -49.6% | -18.4% | -16.7% |
| 2021 | -46.3% | +10.5% | +36.7% |
| 2020 | +207.2% | -9.5% | +159.3% |
| 2019 | +1852.4% | +215.9% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Dinovi Family Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Dinovi Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $204K, 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 efficient for a foundation of this 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.
Strengths
The following positive indicators were identified for Dinovi Family Foundation:
- Consistently reported 0% officer compensation, indicating high efficiency.
- Strong asset base relative to expenses (e.g., $17,884,079 assets vs. $1,390,509 expenses in 2023).
- Minimal liabilities ($1 across recent filings), demonstrating strong financial health.
- Consistent IRS 990 filing history (9 filings), indicating good transparency.
- Effective expense management despite fluctuating revenues.
Frequently Asked Questions about Dinovi Family Foundation
Is Dinovi Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dinovi Family Foundation (EIN: 200011660) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Dinovi Family Foundation spend its money?
Dinovi Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dinovi Family Foundation tax-deductible?
Dinovi Family Foundation is registered as a tax-exempt nonprofit (EIN: 200011660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Dinovi Family Foundation financially stable?
Yes, the foundation is financially stable, consistently reporting substantial assets (e.g., $17,884,079 in 2023) and minimal liabilities ($1 across recent filings), indicating a strong balance sheet.
How efficient is the Dinovi Family Foundation with its spending?
The foundation appears highly efficient, with 0% officer compensation reported in all filings, suggesting very low administrative overhead and a high proportion of funds directed towards its mission.
What is the trend in the foundation's revenue?
Revenue has fluctuated significantly, from a high of $10,114,022 in 2020 to $1,186,453 in 2023, which is common for foundations relying on investment returns or large, infrequent donations.
Filing History
IRS 990 filing history for Dinovi Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Dinovi Family Foundation's revenue has grown by 92.3%, moving from $617K to $1.2M. Total assets increased by 727.2% over the same period, from $2.2M to $17.9M. Total functional expenses rose by 98%, from $702K to $1.4M. In its most recent filing year (2023), Dinovi Family Foundation reported a deficit of $204K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.4M | $17.9M | $1 | — | View 990 |
| 2022 | $2.7M | $968K | $16.8M | $1 | — | View 990 |
| 2021 | $5.4M | $1.2M | $20.2M | $1 | — | View 990 |
| 2020 | $10.1M | $1.1M | $14.8M | $1 | — | View 990 |
| 2019 | $3.3M | $1.2M | $5.7M | $1 | — | — |
| 2014 | $169K | $375K | $4.9M | $0 | — | View 990 |
| 2013 | $74K | $1.1M | $4.8M | $0 | — | View 990 |
| 2012 | $6.8M | $914K | $5.6M | $0 | — | View 990 |
| 2011 | $617K | $702K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $17.9M (revenue -56.6% year-over-year).
- 2022: Revenue of $2.7M, expenses of $968K, and assets of $16.8M (revenue -49.6% year-over-year).
- 2021: Revenue of $5.4M, expenses of $1.2M, and assets of $20.2M (revenue -46.3% year-over-year).
- 2020: Revenue of $10.1M, expenses of $1.1M, and assets of $14.8M (revenue +207.2% year-over-year).
- 2019: Revenue of $3.3M, expenses of $1.2M, and assets of $5.7M (revenue +1852.4% year-over-year).
- 2014: Revenue of $169K, expenses of $375K, and assets of $4.9M (revenue +127.4% year-over-year).
- 2013: Revenue of $74K, expenses of $1.1M, and assets of $4.8M (revenue -98.9% year-over-year).
- 2012: Revenue of $6.8M, expenses of $914K, and assets of $5.6M (revenue +995.3% year-over-year).
- 2011: Revenue of $617K, expenses of $702K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Dinovi Family 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.