Discovery Land Company Foundation
Discovery Land Company Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 204420241 · Beverly Hills, CA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| Net Assets | $14.9M |
| Transparency Score | 85/100 |
Is Discovery Land Company Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Discovery Land Company Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Discovery Land Company Foundation
Discovery Land Company Foundation (EIN: 204420241) is a nonprofit organization based in Beverly Hills, CA, classified under NTEE code T30. The organization reported total revenue of $3.0M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Discovery Land Company Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Discovery Land Company Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$420K |
| Total Assets | $15.2M |
| Total Liabilities | $325K |
| Net Assets | $14.9M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 63.3 months |
Financial Health Grade: A
In 2023, Discovery Land Company Foundation reported a surplus of $420K with revenue exceeding expenses, holds 63.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Discovery Land Company Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | -4.8% | +3.3% |
| 2022 | +478.8% | +72.5% | -2.9% |
| 2021 | -75.3% | -39.1% | -5.0% |
| 2020 | -88.1% | +15.7% | -6.4% |
| 2019 | +754.9% | +152.2% | +476.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Discovery Land Company Foundation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Discovery Land Company Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $420K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
The Discovery Land Company Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly commendable and suggests a strong commitment to directing all funds towards its charitable mission.
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 Discovery Land Company Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, such as the drop from $16.2 million in 2019 to $1.9 million in 2020, which could indicate reliance on unpredictable large donations.
Strengths
The following positive indicators were identified for Discovery Land Company Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Strong asset base ($15,177,008 in 2023) providing financial stability and long-term sustainability.
- Positive net revenue in the most recent filing ($3,295,512 revenue vs. $2,875,649 expenses in 202312).
Frequently Asked Questions about Discovery Land Company Foundation
Is Discovery Land Company Foundation a legitimate charity?
Discovery Land Company Foundation (EIN: 204420241) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Discovery Land Company Foundation spend its money?
Discovery Land Company Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Discovery Land Company Foundation tax-deductible?
Discovery Land Company Foundation is registered as a tax-exempt nonprofit (EIN: 204420241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Discovery Land Company Foundation's spending goes to programs?
Discovery Land Company Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Discovery Land Company Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Discovery Land Company Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Discovery Land Company Foundation located?
Discovery Land Company Foundation is headquartered in Beverly Hills, California and files with the IRS under EIN 204420241. It is classified under NTEE code T30.
How many years of IRS 990 filings does Discovery Land Company Foundation have?
Discovery Land Company Foundation has 13 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 $3.0M in total revenue.
How does the Discovery Land Company Foundation manage its significant revenue fluctuations, such as the drop from $16.2 million in 2019 to $1.9 million in 2020?
The organization appears to manage these fluctuations by maintaining a substantial asset base, which was $17,021,766 in 2019 and $15,931,952 in 2020, allowing it to absorb revenue dips without significantly impacting operations or asset stability.
What is the specific breakdown of program activities funded by the Discovery Land Company Foundation?
While the NTEE code T30 indicates 'Philanthropy, Voluntarism, and Grantmaking Foundations', the provided data does not detail the specific programs or grants funded by the organization. Further investigation into their public disclosures or annual reports would be needed.
Given the 0% officer compensation, how are the operational and administrative functions of the foundation managed?
The 0% officer compensation suggests that administrative and operational functions might be handled by volunteers, pro bono services, or through staff whose compensation is not categorized as 'officer compensation' on the 990, or potentially by an affiliated entity.
Filing History
IRS 990 filing history for Discovery Land Company Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Discovery Land Company Foundation's revenue has grown by 196.7%, moving from $1.1M to $3.3M. Total assets increased by 1051.4% over the same period, from $1.3M to $15.2M. Total functional expenses rose by 273.8%, from $769K to $2.9M. In its most recent filing year (2023), Discovery Land Company Foundation reported a surplus of $420K, with revenue exceeding expenses. The organization holds $325K in liabilities against $15.2M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $14.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.9M | $15.2M | $325K | — | — |
| 2022 | $2.8M | $3.0M | $14.7M | $322K | — | — |
| 2021 | $479K | $1.8M | $15.1M | $466K | — | View 990 |
| 2020 | $1.9M | $2.9M | $15.9M | $63K | — | — |
| 2019 | $16.3M | $2.5M | $17.0M | $277K | — | View 990 |
| 2018 | $1.9M | $985K | $3.0M | $0 | — | View 990 |
| 2017 | $1.0M | $1.3M | $2.0M | $0 | — | View 990 |
| 2016 | $1.3M | $1.3M | $2.3M | $0 | — | View 990 |
| 2015 | $729K | $986K | $2.3M | $0 | — | View 990 |
| 2014 | $1.8M | $1.1M | $2.5M | $0 | — | View 990 |
| 2013 | $1.1M | $747K | $2.0M | $75K | — | View 990 |
| 2012 | $1.1M | $884K | $1.6M | $0 | — | View 990 |
| 2011 | $1.1M | $769K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $2.9M, and assets of $15.2M (revenue +18.9% year-over-year).
- 2022: Revenue of $2.8M, expenses of $3.0M, and assets of $14.7M (revenue +478.8% year-over-year).
- 2021: Revenue of $479K, expenses of $1.8M, and assets of $15.1M (revenue -75.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.9M, and assets of $15.9M (revenue -88.1% year-over-year).
- 2019: Revenue of $16.3M, expenses of $2.5M, and assets of $17.0M (revenue +754.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $985K, and assets of $3.0M (revenue +86.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.3M, and assets of $2.0M (revenue -24.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $2.3M (revenue +84.0% year-over-year).
- 2015: Revenue of $729K, expenses of $986K, and assets of $2.3M (revenue -58.4% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.1M, and assets of $2.5M (revenue +63.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $747K, and assets of $2.0M (revenue -6.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $884K, and assets of $1.6M (revenue +3.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $769K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Discovery Land Company Foundation:
Data Sources and Methodology
This transparency report for Discovery Land Company 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.