Diw Real Estate Holdings Corp
Diw Real Estate Holdings Corp consistently reports zero officer compensation but frequently operates with expenses exceeding revenue.
EIN: 141917683 · Washington, DC · NTEE: A19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $375K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.6M |
| Transparency Score | 75/100 |
Is Diw Real Estate Holdings Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Diw Real Estate Holdings Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diw Real Estate Holdings Corp
Diw Real Estate Holdings Corp (EIN: 141917683) is a nonprofit organization based in Washington, DC, classified under NTEE code A19. The organization reported total revenue of $204K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diw Real Estate Holdings Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diw Real Estate Holdings Corp is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $287K |
| Total Expenses | $375K |
| Surplus / Deficit | $-88,771 |
| Total Assets | $4.0M |
| Total Liabilities | $1.4M |
| Net Assets | $2.6M |
| Operating Margin | -31.0% |
| Debt-to-Asset Ratio | 34.2% |
| Months of Reserves | 126.8 months |
Financial Health Grade: B
In 2023, Diw Real Estate Holdings Corp reported a deficit of $89K with expenses exceeding revenue, holds 126.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Diw Real Estate Holdings Corp's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.2% | +70.2% | +17.3% |
| 2022 | +14.0% | +2.2% | -1.1% |
| 2021 | +1.5% | -20.1% | -1.6% |
| 2020 | +3.4% | -7.0% | -3.2% |
| 2019 | -59.0% | +8.6% | -3.5% |
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 Diw Real Estate Holdings Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Diw Real Estate Holdings Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.2%.
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 unusual for an organization managing over $4 million in assets and suggests a volunteer-led or externally managed structure.
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 Diw Real Estate Holdings Corp's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in multiple years, including $88,771 in 2023 and $21,033 in 2021, which could impact long-term sustainability.
- Lack of detailed information on program spending within the provided data, making it difficult to assess the efficiency of its core mission activities.
Strengths
The following positive indicators were identified for Diw Real Estate Holdings Corp:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs and a strong commitment to directing funds away from executive salaries.
- Substantial asset base, with $3,968,839 in 2023, providing financial stability despite operational deficits.
- Consistent filing history (13 filings), indicating good compliance with IRS reporting requirements.
Frequently Asked Questions about Diw Real Estate Holdings Corp
Is Diw Real Estate Holdings Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Diw Real Estate Holdings Corp (EIN: 141917683) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Diw Real Estate Holdings Corp spend its money?
Diw Real Estate Holdings Corp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Diw Real Estate Holdings Corp tax-deductible?
Diw Real Estate Holdings Corp is registered as a tax-exempt nonprofit (EIN: 141917683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Diw Real Estate Holdings Corp CEO make?
Diw Real Estate Holdings Corp's highest-compensated officer earns $4 annually. The organization reported $204K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Diw Real Estate Holdings Corp's spending goes to programs?
Diw Real Estate Holdings Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Diw Real Estate Holdings Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Diw Real Estate Holdings Corp is above average for NTEE category A19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Diw Real Estate Holdings Corp located?
Diw Real Estate Holdings Corp is headquartered in Washington, Washington DC and files with the IRS under EIN 141917683. It is classified under NTEE code A19.
How many years of IRS 990 filings does Diw Real Estate Holdings Corp have?
Diw Real Estate Holdings Corp 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 $204K in total revenue.
What is the specific mission and programmatic activity of Diw Real Estate Holdings Corp?
Based on the NTEE code A19 (Housing Development, Construction & Management) and the organization's name, it likely focuses on acquiring, developing, or managing real estate for charitable housing purposes. However, without more detailed program descriptions from the 990, the exact nature of its activities remains unclear.
How does Diw Real Estate Holdings Corp cover its operational deficits?
The organization frequently reports expenses exceeding revenue, such as a $88,771 deficit in 2023. These deficits are likely covered by drawing from its substantial asset base, which stood at $3,968,839 in 2023, or through other non-operating income sources not detailed in the provided summary.
Who manages the organization's assets and operations given the zero officer compensation?
The consistent reporting of zero officer compensation suggests that the organization may be entirely volunteer-run at the leadership level, or its management services are provided by an external entity or related organization, which would be important to clarify for full transparency.
Filing History
IRS 990 filing history for Diw Real Estate Holdings Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Diw Real Estate Holdings Corp's revenue has grown by 216.8%, moving from $91K to $287K. Total assets decreased by 13.4% over the same period, from $4.6M to $4.0M. Total functional expenses rose by 188.4%, from $130K to $375K. In its most recent filing year (2023), Diw Real Estate Holdings Corp reported a deficit of $89K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $4.0M in assets (debt-to-asset ratio: 34.2%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $287K | $375K | $4.0M | $1.4M | — | — |
| 2022 | $222K | $221K | $3.4M | $1.4M | — | View 990 |
| 2021 | $195K | $216K | $3.4M | $1.4M | — | View 990 |
| 2020 | $192K | $270K | $3.5M | $1.4M | — | View 990 |
| 2019 | $186K | $290K | $3.6M | $1.4M | — | View 990 |
| 2018 | $453K | $267K | $3.7M | $1.5M | — | View 990 |
| 2017 | $210K | $265K | $3.8M | $1.7M | — | View 990 |
| 2016 | $183K | $281K | $3.9M | $1.8M | — | View 990 |
| 2015 | $160K | $266K | $4.1M | $1.9M | — | View 990 |
| 2014 | $157K | $323K | $4.2M | $1.9M | — | View 990 |
| 2013 | $186K | $272K | $4.2M | $1.8M | — | View 990 |
| 2012 | $181K | $290K | $4.4M | $1.8M | — | View 990 |
| 2011 | $91K | $130K | $4.6M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $287K, expenses of $375K, and assets of $4.0M (revenue +29.2% year-over-year).
- 2022: Revenue of $222K, expenses of $221K, and assets of $3.4M (revenue +14.0% year-over-year).
- 2021: Revenue of $195K, expenses of $216K, and assets of $3.4M (revenue +1.5% year-over-year).
- 2020: Revenue of $192K, expenses of $270K, and assets of $3.5M (revenue +3.4% year-over-year).
- 2019: Revenue of $186K, expenses of $290K, and assets of $3.6M (revenue -59.0% year-over-year).
- 2018: Revenue of $453K, expenses of $267K, and assets of $3.7M (revenue +115.1% year-over-year).
- 2017: Revenue of $210K, expenses of $265K, and assets of $3.8M (revenue +15.2% year-over-year).
- 2016: Revenue of $183K, expenses of $281K, and assets of $3.9M (revenue +14.0% year-over-year).
- 2015: Revenue of $160K, expenses of $266K, and assets of $4.1M (revenue +2.0% year-over-year).
- 2014: Revenue of $157K, expenses of $323K, and assets of $4.2M (revenue -15.6% year-over-year).
- 2013: Revenue of $186K, expenses of $272K, and assets of $4.2M (revenue +2.7% year-over-year).
- 2012: Revenue of $181K, expenses of $290K, and assets of $4.4M (revenue +100.1% year-over-year).
- 2011: Revenue of $91K, expenses of $130K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diw Real Estate Holdings Corp:
Data Sources and Methodology
This transparency report for Diw Real Estate Holdings Corp 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.