Dogwood Place Inc
Dogwood Place Inc. consistently spends more than it earns, drawing down assets over the past decade.
EIN: 201926260 · Columbus, IN · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $92K |
| Total Expenses | $109K |
| Program Spending | 85% |
| Net Assets | $651K |
| Transparency Score | 70/100 |
Is Dogwood Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dogwood Place Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dogwood Place Inc
Dogwood Place Inc (EIN: 201926260) is a nonprofit organization based in Columbus, IN, classified under NTEE code L20. The organization reported total revenue of $92K and total assets of $694K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dogwood Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dogwood Place Inc is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $109K |
| Surplus / Deficit | $-24,349 |
| Total Assets | $709K |
| Total Liabilities | $59K |
| Net Assets | $651K |
| Operating Margin | -28.7% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 77.9 months |
Financial Health Grade: B
In 2023, Dogwood Place Inc reported a deficit of $24K with expenses exceeding revenue, holds 77.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Dogwood Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | -20.5% | -1.8% |
| 2022 | +1.3% | +37.9% | -3.2% |
| 2021 | +11.2% | -2.1% | -1.3% |
| 2020 | -2.2% | +5.9% | -3.3% |
| 2019 | +4.1% | +1.8% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Dogwood Place Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Dogwood Place 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.3%.
Executive Compensation Analysis
Dogwood Place Inc. reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive sign for minimizing administrative costs relative to 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.
Red Flags
The following concerns were identified during AI analysis of Dogwood Place Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) across all reported periods.
- Gradual but steady decline in total assets over the past decade, from $887,818 in 2014 to $709,340 in 2023.
Strengths
The following positive indicators were identified for Dogwood Place Inc:
- No reported officer compensation, indicating efficient use of funds at the leadership level.
- Long history of consistent IRS 990 filings, demonstrating transparency.
- Maintains a substantial asset base relative to annual expenses, providing a financial buffer despite operational deficits.
Frequently Asked Questions about Dogwood Place Inc
Is Dogwood Place Inc a legitimate charity?
Dogwood Place Inc (EIN: 201926260) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $92K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Dogwood Place Inc spend its money?
Dogwood Place Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dogwood Place Inc tax-deductible?
Dogwood Place Inc is registered as a tax-exempt nonprofit (EIN: 201926260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dogwood Place Inc's spending goes to programs?
Dogwood Place Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dogwood Place Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Dogwood Place Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dogwood Place Inc located?
Dogwood Place Inc is headquartered in Columbus, Indiana and files with the IRS under EIN 201926260. It is classified under NTEE code L20.
How many years of IRS 990 filings does Dogwood Place Inc have?
Dogwood Place Inc has 12 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 $92K in total revenue.
Why has Dogwood Place Inc. consistently spent more than its revenue?
The provided data shows that in every period from 2014 to 2023, expenses exceeded revenue. For example, in 2023, revenue was $84,921 while expenses were $109,270. This consistent deficit spending has led to a decline in assets from $887,818 in 2014 to $709,340 in 2023.
Is the organization's asset base sufficient given its spending patterns?
While the organization has a substantial asset base of $709,340 in 2023, which is significantly higher than its annual expenses (e.g., $109,270 in 2023), the consistent draw-down of these assets due to deficit spending is a long-term concern. At the current rate, the asset base will continue to diminish.
How does the lack of officer compensation impact the organization's financial health?
The absence of officer compensation (0% reported) is a strong positive indicator, suggesting that a significant portion of leadership is likely volunteer-based. This helps keep administrative costs low and ensures more funds are available for the organization's mission, though it doesn't fully offset the overall deficit spending.
Filing History
IRS 990 filing history for Dogwood Place Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Dogwood Place Inc's revenue has grown by 31%, moving from $65K to $85K. Total assets decreased by 23.7% over the same period, from $929K to $709K. Total functional expenses rose by 26.5%, from $86K to $109K. In its most recent filing year (2023), Dogwood Place Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $59K in liabilities against $709K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $651K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $109K | $709K | $59K | — | View 990 |
| 2022 | $83K | $137K | $722K | $47K | — | View 990 |
| 2021 | $82K | $100K | $746K | $16K | — | — |
| 2020 | $74K | $102K | $756K | $8K | — | View 990 |
| 2019 | $75K | $96K | $781K | $6K | — | View 990 |
| 2018 | $72K | $94K | $803K | $7K | — | View 990 |
| 2017 | $72K | $86K | $823K | $4K | — | View 990 |
| 2016 | $71K | $90K | $842K | $9K | — | View 990 |
| 2015 | $69K | $93K | $861K | $8K | — | View 990 |
| 2014 | $68K | $92K | $888K | $10K | — | View 990 |
| 2013 | $67K | $87K | $910K | $9K | — | View 990 |
| 2012 | $65K | $86K | $929K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $109K, and assets of $709K (revenue +2.4% year-over-year).
- 2022: Revenue of $83K, expenses of $137K, and assets of $722K (revenue +1.3% year-over-year).
- 2021: Revenue of $82K, expenses of $100K, and assets of $746K (revenue +11.2% year-over-year).
- 2020: Revenue of $74K, expenses of $102K, and assets of $756K (revenue -2.2% year-over-year).
- 2019: Revenue of $75K, expenses of $96K, and assets of $781K (revenue +4.1% year-over-year).
- 2018: Revenue of $72K, expenses of $94K, and assets of $803K (revenue +0.4% year-over-year).
- 2017: Revenue of $72K, expenses of $86K, and assets of $823K (revenue +2.1% year-over-year).
- 2016: Revenue of $71K, expenses of $90K, and assets of $842K (revenue +3.0% year-over-year).
- 2015: Revenue of $69K, expenses of $93K, and assets of $861K (revenue +0.4% year-over-year).
- 2014: Revenue of $68K, expenses of $92K, and assets of $888K (revenue +2.6% year-over-year).
- 2013: Revenue of $67K, expenses of $87K, and assets of $910K (revenue +2.6% year-over-year).
- 2012: Revenue of $65K, expenses of $86K, and assets of $929K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dogwood Place Inc:
Data Sources and Methodology
This transparency report for Dogwood Place 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.