Dixie May Foundation
Dixie May Foundation consistently operates at a deficit, drawing down assets despite zero executive compensation.
EIN: 205485948 · Reno, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $15K |
| Program Spending | 75% |
| Net Assets | $216K |
| Transparency Score | 70/100 |
Is Dixie May Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dixie May Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dixie May Foundation
Dixie May Foundation (EIN: 205485948) is a nonprofit organization based in Reno, NV, classified under NTEE code T22. The organization reported total revenue of $67K and total assets of $218K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dixie May Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dixie May Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $15K |
| Surplus / Deficit | $-4,463 |
| Total Assets | $216K |
| Total Liabilities | $1 |
| Net Assets | $216K |
| Operating Margin | -41.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.4 months |
Financial Health Grade: B
In 2023, Dixie May Foundation reported a deficit of $4K with expenses exceeding revenue, holds 170.4 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), Dixie May Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +14.3% | -2.0% |
| 2022 | -12.2% | -13.2% | -1.4% |
| 2020 | -134.2% | -2.2% | -7.0% |
| 2019 | -34.8% | -11.3% | -6.5% |
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 Dixie May Foundation with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Dixie May Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly favorable for a small organization 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 Dixie May Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue in most years, e.g., $15,177 expenses vs. $10,714 revenue in 2023).
- Declining asset base over the past decade (from $270,657 in 2011 to $218,320 currently).
- Negative revenue reported in 2020 (-$3,093), which is unusual and warrants further investigation into its cause.
Strengths
The following positive indicators were identified for Dixie May Foundation:
- Zero executive compensation reported across all filings, indicating efficient use of funds for non-salary purposes.
- Strong balance sheet with minimal liabilities ($1 across all periods), suggesting good financial management of debt.
- Consistent filing of IRS Form 990s over a decade, demonstrating commitment to transparency and regulatory compliance.
Frequently Asked Questions about Dixie May Foundation
Is Dixie May Foundation a legitimate charity?
Dixie May Foundation (EIN: 205485948) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $67K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Dixie May Foundation spend its money?
Dixie May Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Dixie May Foundation tax-deductible?
Dixie May Foundation is registered as a tax-exempt nonprofit (EIN: 205485948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dixie May Foundation's spending goes to programs?
Dixie May Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dixie May Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Dixie May Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dixie May Foundation located?
Dixie May Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 205485948. It is classified under NTEE code T22.
How many years of IRS 990 filings does Dixie May Foundation have?
Dixie May Foundation has 10 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 $67K in total revenue.
Is Dixie May Foundation a good charity?
The Dixie May Foundation demonstrates strong transparency regarding executive compensation (0%) and consistent regulatory filings. However, its consistent deficit spending (e.g., $15,177 expenses vs. $10,714 revenue in 2023) and declining asset base suggest a need for more sustainable financial planning. Its 'goodness' depends on the impact of its programs, which cannot be fully assessed without more detailed program expense breakdowns.
Why are the assets declining?
The assets are declining because the organization consistently spends more than it earns each year. For example, in 2023, expenses were $15,177 while revenue was only $10,714, resulting in a draw from its asset reserves to cover the difference. This trend is visible across multiple years, leading to a decrease from $270,657 in 2011 to $218,320 currently.
What is the organization's primary source of revenue?
Based on the provided data, the specific sources of revenue are not detailed beyond the total 'Revenue' figure. However, given the consistent, relatively low annual revenue figures, it is likely supported by a combination of small donations, investment income, or grants, rather than large-scale fundraising campaigns.
Filing History
IRS 990 filing history for Dixie May Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dixie May Foundation's revenue has grown by 26.6%, moving from $8K to $11K. Total assets decreased by 20.4% over the same period, from $271K to $216K. Total functional expenses fell by 4.8%, from $16K to $15K. In its most recent filing year (2023), Dixie May Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $216K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $15K | $216K | $1 | — | — |
| 2022 | $10K | $13K | $220K | $1 | — | View 990 |
| 2021 | $11K | $15K | $223K | $1 | — | — |
| 2020 | $-3,093 | $14K | $227K | $1 | — | — |
| 2019 | $9K | $14K | $244K | $1 | — | View 990 |
| 2015 | $14K | $16K | $261K | $1 | — | View 990 |
| 2014 | $10K | $12K | $263K | $1 | — | View 990 |
| 2013 | $10K | $12K | $264K | $1 | — | View 990 |
| 2012 | $11K | $15K | $266K | $1 | — | View 990 |
| 2011 | $8K | $16K | $271K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $15K, and assets of $216K (revenue +6.6% year-over-year).
- 2022: Revenue of $10K, expenses of $13K, and assets of $220K (revenue -12.2% year-over-year).
- 2021: Revenue of $11K, expenses of $15K, and assets of $223K.
- 2020: Revenue of $-3,093, expenses of $14K, and assets of $227K (revenue -134.2% year-over-year).
- 2019: Revenue of $9K, expenses of $14K, and assets of $244K (revenue -34.8% year-over-year).
- 2015: Revenue of $14K, expenses of $16K, and assets of $261K (revenue +33.2% year-over-year).
- 2014: Revenue of $10K, expenses of $12K, and assets of $263K (revenue +2.1% year-over-year).
- 2013: Revenue of $10K, expenses of $12K, and assets of $264K (revenue -5.8% year-over-year).
- 2012: Revenue of $11K, expenses of $15K, and assets of $266K (revenue +28.0% year-over-year).
- 2011: Revenue of $8K, expenses of $16K, and assets of $271K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dixie May Foundation:
Data Sources and Methodology
This transparency report for Dixie May 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.