Disanto Priest Charitable Foundation
Disanto Priest Charitable Foundation experiences significant deficit in latest fiscal year after years of stable operations.
EIN: 205498495 · Warwick, RI · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $94K |
| Program Spending | 85% |
| Net Assets | $23K |
| Transparency Score | 80/100 |
Is Disanto Priest Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Disanto Priest Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Disanto Priest Charitable Foundation
Disanto Priest Charitable Foundation (EIN: 205498495) is a nonprofit organization based in Warwick, RI, classified under NTEE code P12. The organization reported total revenue of $60K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Disanto Priest Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Disanto Priest Charitable Foundation is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $94K |
| Surplus / Deficit | $-45,762 |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | -94.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Disanto Priest Charitable Foundation reported a deficit of $46K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Disanto Priest Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | +121.3% | -66.1% |
| 2022 | +26.0% | +24.3% | +20.6% |
| 2021 | -22.9% | -36.0% | +18.4% |
| 2020 | -3.5% | -1.5% | +5.3% |
| 2019 | -3.0% | +5.5% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Disanto Priest Charitable Foundation with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Disanto Priest Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $46K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.
Red Flags
The following concerns were identified during AI analysis of Disanto Priest Charitable Foundation's IRS 990 filings:
- Expenses significantly exceeded revenue in the most recent fiscal period (202306), with expenses of $94,228 against revenue of $48,466, leading to a substantial net loss.
- Assets decreased by over 66% from $69,228 in 2022 to $23,466 in 2023, largely due to the deficit in the latest period.
Strengths
The following positive indicators were identified for Disanto Priest Charitable Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating volunteer leadership and maximizing funds for programs.
- No reported liabilities in any of the 12 available filings, demonstrating strong financial health and debt-free operations.
- Long operational history with 12 years of consistent IRS 990 filings, suggesting stability and commitment.
- Generally stable revenue streams over many years, typically between $40,000 and $60,000.
Frequently Asked Questions about Disanto Priest Charitable Foundation
Is Disanto Priest Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Disanto Priest Charitable Foundation (EIN: 205498495) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Disanto Priest Charitable Foundation spend its money?
Disanto Priest Charitable Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Disanto Priest Charitable Foundation tax-deductible?
Disanto Priest Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 205498495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Disanto Priest Charitable Foundation's spending goes to programs?
Disanto Priest Charitable Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Disanto Priest Charitable Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Disanto Priest Charitable Foundation is above average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Disanto Priest Charitable Foundation located?
Disanto Priest Charitable Foundation is headquartered in Warwick, Rhode Island and files with the IRS under EIN 205498495. It is classified under NTEE code P12.
How many years of IRS 990 filings does Disanto Priest Charitable Foundation have?
Disanto Priest Charitable Foundation has 12 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 $60K in total revenue.
Is Disanto Priest Charitable Foundation a good charity?
Based on the available data, the Disanto Priest Charitable Foundation appears to be a good charity. It has a long history of operations, no reported officer compensation, and no liabilities, indicating strong financial stewardship and a volunteer-driven model. The significant deficit in the 202306 period is a concern, but prior years show more balanced finances.
What caused the large expense increase in 2023?
The IRS 990 data for Period 202306 shows expenses of $94,228, which is significantly higher than the revenue of $48,466 and previous years' expenses. Without access to the detailed Form 990, the specific cause of this increase (e.g., a large program expenditure, one-time capital expense, or operational cost spike) cannot be determined from the summary data alone.
How does the foundation manage its assets?
The foundation maintains a modest but consistent asset base, ranging from $8,804 in 2014 to $69,228 in 2022. The absence of liabilities across all filings suggests conservative financial management and that the organization operates without debt. The recent drop in assets from $69,228 to $23,466 in 2023 is directly linked to the period's high expenses exceeding revenue.
Filing History
IRS 990 filing history for Disanto Priest Charitable Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Disanto Priest Charitable Foundation's revenue has grown by 63%, moving from $30K to $48K. Total assets increased by 6.5% over the same period, from $22K to $23K. Total functional expenses rose by 173.2%, from $34K to $94K. In its most recent filing year (2023), Disanto Priest Charitable Foundation reported a deficit of $46K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $94K | $23K | $0 | — | View 990 |
| 2022 | $54K | $43K | $69K | $0 | — | View 990 |
| 2021 | $43K | $34K | $57K | $0 | — | — |
| 2020 | $56K | $54K | $49K | $0 | — | — |
| 2019 | $58K | $54K | $46K | $0 | — | View 990 |
| 2018 | $60K | $52K | $42K | $0 | — | View 990 |
| 2017 | $58K | $52K | $34K | $0 | — | View 990 |
| 2016 | $56K | $39K | $28K | $0 | — | View 990 |
| 2015 | $38K | $36K | $11K | $0 | — | View 990 |
| 2014 | $44K | $56K | $9K | $0 | — | View 990 |
| 2013 | $38K | $40K | $21K | $0 | — | View 990 |
| 2012 | $30K | $34K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $94K, and assets of $23K (revenue -10.9% year-over-year).
- 2022: Revenue of $54K, expenses of $43K, and assets of $69K (revenue +26.0% year-over-year).
- 2021: Revenue of $43K, expenses of $34K, and assets of $57K (revenue -22.9% year-over-year).
- 2020: Revenue of $56K, expenses of $54K, and assets of $49K (revenue -3.5% year-over-year).
- 2019: Revenue of $58K, expenses of $54K, and assets of $46K (revenue -3.0% year-over-year).
- 2018: Revenue of $60K, expenses of $52K, and assets of $42K (revenue +3.0% year-over-year).
- 2017: Revenue of $58K, expenses of $52K, and assets of $34K (revenue +4.2% year-over-year).
- 2016: Revenue of $56K, expenses of $39K, and assets of $28K (revenue +47.2% year-over-year).
- 2015: Revenue of $38K, expenses of $36K, and assets of $11K (revenue -13.5% year-over-year).
- 2014: Revenue of $44K, expenses of $56K, and assets of $9K (revenue +13.9% year-over-year).
- 2013: Revenue of $38K, expenses of $40K, and assets of $21K (revenue +29.3% year-over-year).
- 2012: Revenue of $30K, expenses of $34K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Disanto Priest Charitable Foundation:
Data Sources and Methodology
This transparency report for Disanto Priest Charitable 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.