Dockings Healthcare Services Inc
Dockings Healthcare Services Inc experiences rapid revenue and asset growth with no reported officer compensation.
EIN: 134363148 · Rosedale, MD · NTEE: E92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $3.4M |
| Program Spending | 85% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Dockings Healthcare Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dockings Healthcare Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dockings Healthcare Services Inc
Dockings Healthcare Services Inc (EIN: 134363148) is a nonprofit organization based in Rosedale, MD, classified under NTEE code E92. The organization reported total revenue of $8.9M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dockings Healthcare Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dockings Healthcare Services Inc is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 120.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $4.7M |
| Total Liabilities | $1.4M |
| Net Assets | $3.3M |
| Operating Margin | 42.8% |
| Debt-to-Asset Ratio | 30.6% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2023, Dockings Healthcare Services Inc reported a surplus of $2.5M with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 30.6% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Dockings Healthcare Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 120.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.7% | +30.0% | +157.2% |
| 2022 | +11.5% | +9.5% | +208.2% |
| 2021 | +99.5% | +153.2% | +30.5% |
| 2020 | +413.0% | +376.1% | +262.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Dockings Healthcare Services Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Dockings Healthcare Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.6%.
Executive Compensation Analysis
Dockings Healthcare Services Inc consistently reports 0% officer compensation across all five filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size and growth trajectory. This suggests either a volunteer leadership model or that compensation is reported under other expense categories, warranting further investigation for complete transparency.
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 Dockings Healthcare Services Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) makes efficiency assessment difficult.
- Consistent 0% officer compensation for a rapidly growing organization may indicate alternative reporting or a highly unusual operational model that warrants further inquiry.
Strengths
The following positive indicators were identified for Dockings Healthcare Services Inc:
- Exceptional revenue growth from $248,963 in 2019 to $5,931,583 in 2023, indicating strong support and demand.
- Significant asset growth from $125,327 in 2019 to $4,694,841 in 2023, enhancing financial stability.
- Consistent reporting of 0% officer compensation, suggesting a strong commitment to directing funds towards the mission.
Frequently Asked Questions about Dockings Healthcare Services Inc
Is Dockings Healthcare Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dockings Healthcare Services Inc (EIN: 134363148) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Dockings Healthcare Services Inc spend its money?
Dockings Healthcare Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dockings Healthcare Services Inc tax-deductible?
Dockings Healthcare Services Inc is registered as a tax-exempt nonprofit (EIN: 134363148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dockings Healthcare Services Inc's spending goes to programs?
Dockings Healthcare Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dockings Healthcare Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dockings Healthcare Services Inc is above average for NTEE category E92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dockings Healthcare Services Inc located?
Dockings Healthcare Services Inc is headquartered in Rosedale, Maryland and files with the IRS under EIN 134363148. It is classified under NTEE code E92.
How many years of IRS 990 filings does Dockings Healthcare Services Inc have?
Dockings Healthcare Services Inc has 5 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 $8.9M in total revenue.
Is Dockings Healthcare Services Inc a good charity?
Based on the available data, Dockings Healthcare Services Inc shows strong financial growth and a commitment to its mission by reporting 0% officer compensation. However, a complete assessment of 'goodness' would require more detailed expense breakdowns to confirm program efficiency and impact.
How has Dockings Healthcare Services Inc's revenue grown over time?
Dockings Healthcare Services Inc has experienced remarkable revenue growth, increasing from $248,963 in 2019 to $5,931,583 in 2023, representing a significant upward trend.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-led executive team or that executive compensation is categorized differently within their financial statements.
Filing History
IRS 990 filing history for Dockings Healthcare Services Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Dockings Healthcare Services Inc's revenue has grown by 2282.5%, moving from $249K to $5.9M. Total assets increased by 3646.1% over the same period, from $125K to $4.7M. Total functional expenses rose by 1615.2%, from $198K to $3.4M. In its most recent filing year (2023), Dockings Healthcare Services Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $4.7M in assets (debt-to-asset ratio: 30.6%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $3.4M | $4.7M | $1.4M | — | View 990 |
| 2022 | $2.8M | $2.6M | $1.8M | $1.1M | — | View 990 |
| 2021 | $2.5M | $2.4M | $592K | $113K | — | — |
| 2020 | $1.3M | $941K | $454K | $127K | — | View 990 |
| 2019 | $249K | $198K | $125K | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $3.4M, and assets of $4.7M (revenue +108.7% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.6M, and assets of $1.8M (revenue +11.5% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $592K (revenue +99.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $941K, and assets of $454K (revenue +413.0% year-over-year).
- 2019: Revenue of $249K, expenses of $198K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dockings Healthcare Services Inc:
Data Sources and Methodology
This transparency report for Dockings Healthcare Services 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.