Dock Acres Inc
EIN: 232233514 · Lansdale, PA · NTEE: L22Z
Is Dock Acres Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dock Acres Inc
Dock Acres Inc (EIN: 232233514) is a nonprofit organization based in Lansdale, PA, classified under NTEE code L22Z. The organization reported total revenue of $10.6M and total assets of $70.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dock Acres Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dock Acres Inc is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$875K |
| Total Assets | $64.5M |
| Total Liabilities | $36.9M |
| Net Assets | $27.5M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 57.3% |
| Months of Reserves | 89.8 months |
Financial Health Grade: A
In 2023, Dock Acres Inc reported a surplus of $875K with revenue exceeding expenses, holds 89.8 months of operating reserves (strong position), has a debt-to-asset ratio of 57.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dock Acres Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.3% | +6.8% | +4.6% |
| 2022 | -0.7% | +0.5% | -8.3% |
| 2021 | +18.9% | +4.6% | +9.9% |
| 2020 | +1.1% | +2.2% | +2.7% |
| 2019 | -1.9% | +7.1% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dock Acres Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Dock Acres Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $875K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.3%.
Frequently Asked Questions about Dock Acres Inc
Is Dock Acres Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dock Acres Inc (EIN: 232233514) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dock Acres Inc spend its money?
Detailed spending breakdown data is not yet available for Dock Acres Inc. Check back for updated IRS 990 analysis.
Are donations to Dock Acres Inc tax-deductible?
Dock Acres Inc is registered as a tax-exempt nonprofit (EIN: 232233514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Dock Acres Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dock Acres Inc's revenue has grown by 53%, moving from $6.2M to $9.5M. Total assets increased by 51.4% over the same period, from $42.6M to $64.5M. Total functional expenses rose by 55.1%, from $5.6M to $8.6M. In its most recent filing year (2023), Dock Acres Inc reported a surplus of $875K, with revenue exceeding expenses. The organization holds $36.9M in liabilities against $64.5M in assets (debt-to-asset ratio: 57.3%), resulting in net assets of $27.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $8.6M | $64.5M | $36.9M | — | — |
| 2022 | $10.2M | $8.1M | $61.6M | $35.0M | — | View 990 |
| 2021 | $10.3M | $8.0M | $67.2M | $37.7M | — | View 990 |
| 2020 | $8.7M | $7.7M | $61.1M | $36.0M | — | View 990 |
| 2019 | $8.6M | $7.5M | $59.5M | $35.6M | — | View 990 |
| 2018 | $8.7M | $7.0M | $54.5M | $32.3M | — | View 990 |
| 2017 | $7.8M | $6.8M | $53.0M | $32.3M | — | View 990 |
| 2016 | $7.6M | $6.7M | $51.1M | $31.9M | — | View 990 |
| 2015 | $7.3M | $6.2M | $49.2M | $30.8M | — | View 990 |
| 2014 | $7.2M | $6.0M | $46.5M | $29.0M | — | View 990 |
| 2013 | $6.6M | $5.9M | $46.0M | $30.7M | — | View 990 |
| 2012 | $6.6M | $5.9M | $44.6M | $30.4M | — | View 990 |
| 2011 | $6.2M | $5.6M | $42.6M | $29.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $8.6M, and assets of $64.5M (revenue -7.3% year-over-year).
- 2022: Revenue of $10.2M, expenses of $8.1M, and assets of $61.6M (revenue -0.7% year-over-year).
- 2021: Revenue of $10.3M, expenses of $8.0M, and assets of $67.2M (revenue +18.9% year-over-year).
- 2020: Revenue of $8.7M, expenses of $7.7M, and assets of $61.1M (revenue +1.1% year-over-year).
- 2019: Revenue of $8.6M, expenses of $7.5M, and assets of $59.5M (revenue -1.9% year-over-year).
- 2018: Revenue of $8.7M, expenses of $7.0M, and assets of $54.5M (revenue +12.4% year-over-year).
- 2017: Revenue of $7.8M, expenses of $6.8M, and assets of $53.0M (revenue +2.5% year-over-year).
- 2016: Revenue of $7.6M, expenses of $6.7M, and assets of $51.1M (revenue +4.6% year-over-year).
- 2015: Revenue of $7.3M, expenses of $6.2M, and assets of $49.2M (revenue +1.4% year-over-year).
- 2014: Revenue of $7.2M, expenses of $6.0M, and assets of $46.5M (revenue +8.0% year-over-year).
- 2013: Revenue of $6.6M, expenses of $5.9M, and assets of $46.0M (revenue +0.5% year-over-year).
- 2012: Revenue of $6.6M, expenses of $5.9M, and assets of $44.6M (revenue +6.3% year-over-year).
- 2011: Revenue of $6.2M, expenses of $5.6M, and assets of $42.6M.
Data Sources and Methodology
This transparency report for Dock Acres Inc 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.