Dock Street Foundation
Dock Street Foundation maintains stable finances with volunteer leadership and minimal liabilities.
EIN: 208856399 · Easton, MD · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $425K |
| Total Expenses | $328K |
| Program Spending | 90% |
| Net Assets | $126K |
| Transparency Score | 85/100 |
Is Dock Street Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dock Street Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dock Street Foundation
Dock Street Foundation (EIN: 208856399) is a nonprofit organization based in Easton, MD, classified under NTEE code T20. The organization reported total revenue of $425K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dock Street Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dock Street Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $328K |
| Surplus / Deficit | $-15,070 |
| Total Assets | $126K |
| Total Liabilities | $1 |
| Net Assets | $126K |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Dock Street Foundation reported a deficit of $15K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dock Street Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +11.9% | -10.7% |
| 2022 | +27.0% | +55.3% | -2.3% |
| 2021 | +89.6% | +32.3% | +37.8% |
| 2020 | -68.6% | -61.6% | -17.6% |
| 2019 | -33.8% | -25.5% | -30.5% |
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 Dock Street 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dock Street Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Dock Street Foundation:
- Consistent zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Extremely low liabilities ($0 or $1 across all filings), demonstrating strong financial health and minimal debt.
- Stable asset base, providing a financial cushion for operations.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Revenue growth over the long term, suggesting increasing support for its mission.
Frequently Asked Questions about Dock Street Foundation
Is Dock Street Foundation a legitimate charity?
Dock Street Foundation (EIN: 208856399) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $425K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Dock Street Foundation spend its money?
Dock Street Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dock Street Foundation tax-deductible?
Dock Street Foundation is registered as a tax-exempt nonprofit (EIN: 208856399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dock Street Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dock Street Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dock Street Foundation located?
Dock Street Foundation is headquartered in Easton, Maryland and files with the IRS under EIN 208856399. It is classified under NTEE code T20.
How many years of IRS 990 filings does Dock Street Foundation have?
Dock Street 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 $425K in total revenue.
Is Dock Street Foundation a good charity?
Based on the provided financial data, Dock Street Foundation appears to be a well-managed charity. It consistently reports zero officer compensation, indicating volunteer leadership, and maintains minimal liabilities. While some years show slight operating deficits, its assets remain stable, suggesting financial prudence.
How has Dock Street Foundation's revenue trended over time?
Dock Street Foundation's revenue has shown growth over the long term, increasing from $70,283 in 2011 to $313,392 in 2023, with some fluctuations, such as a peak of $579,357 in 2015.
What is the organization's asset-to-liability ratio?
The organization consistently reports very low liabilities ($0 or $1) against assets ranging from $94,034 to $245,708, indicating an extremely strong asset-to-liability ratio and excellent financial solvency.
Filing History
IRS 990 filing history for Dock Street Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dock Street Foundation's revenue has grown by 345.9%, moving from $70K to $313K. Total assets increased by 33.7% over the same period, from $94K to $126K. Total functional expenses rose by 371.3%, from $70K to $328K. In its most recent filing year (2023), Dock Street Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $126K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $328K | $126K | $1 | — | — |
| 2022 | $290K | $293K | $141K | $1 | — | View 990 |
| 2021 | $228K | $189K | $144K | $1 | — | — |
| 2020 | $120K | $143K | $105K | $1 | — | — |
| 2019 | $384K | $372K | $127K | $1 | — | — |
| 2015 | $579K | $499K | $182K | $1 | — | View 990 |
| 2014 | $231K | $374K | $103K | $1 | — | View 990 |
| 2013 | $190K | $101K | $246K | $1 | — | View 990 |
| 2012 | $125K | $62K | $157K | $1 | — | View 990 |
| 2011 | $70K | $70K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $328K, and assets of $126K (revenue +8.0% year-over-year).
- 2022: Revenue of $290K, expenses of $293K, and assets of $141K (revenue +27.0% year-over-year).
- 2021: Revenue of $228K, expenses of $189K, and assets of $144K (revenue +89.6% year-over-year).
- 2020: Revenue of $120K, expenses of $143K, and assets of $105K (revenue -68.6% year-over-year).
- 2019: Revenue of $384K, expenses of $372K, and assets of $127K (revenue -33.8% year-over-year).
- 2015: Revenue of $579K, expenses of $499K, and assets of $182K (revenue +151.3% year-over-year).
- 2014: Revenue of $231K, expenses of $374K, and assets of $103K (revenue +21.2% year-over-year).
- 2013: Revenue of $190K, expenses of $101K, and assets of $246K (revenue +52.2% year-over-year).
- 2012: Revenue of $125K, expenses of $62K, and assets of $157K (revenue +77.9% year-over-year).
- 2011: Revenue of $70K, expenses of $70K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dock Street Foundation:
Data Sources and Methodology
This transparency report for Dock Street 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.