Dominion Family Services Inc
EIN: 571116846 · Spartanburg, SC · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $718K |
| Total Expenses | $650K |
| Net Assets | $792K |
Is Dominion Family Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dominion Family Services Inc
Dominion Family Services Inc (EIN: 571116846) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code P30. The organization reported total revenue of $718K and total assets of $830K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dominion Family Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dominion Family Services Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $650K |
| Surplus / Deficit | +$452K |
| Total Assets | $794K |
| Total Liabilities | $2K |
| Net Assets | $792K |
| Operating Margin | 41.0% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Dominion Family Services Inc reported a surplus of $452K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dominion Family Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.8% | +6.3% | +131.9% |
| 2022 | -3.1% | +2.2% | +0.0% |
| 2021 | +4.0% | -0.2% | +12.3% |
| 2020 | +4.8% | +18.4% | -1.4% |
| 2019 | +5.9% | +27.8% | +142.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dominion Family Services 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 Dominion Family Services 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 $452K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Dominion Family Services Inc
Is Dominion Family Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dominion Family Services Inc (EIN: 571116846) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dominion Family Services Inc spend its money?
Detailed spending breakdown data is not yet available for Dominion Family Services Inc. Check back for updated IRS 990 analysis.
Are donations to Dominion Family Services Inc tax-deductible?
Dominion Family Services Inc is registered as a tax-exempt nonprofit (EIN: 571116846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dominion Family Services Inc located?
Dominion Family Services Inc is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 571116846. It is classified under NTEE code P30.
How many years of IRS 990 filings does Dominion Family Services Inc have?
Dominion Family Services Inc has 13 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 $718K in total revenue.
Filing History
IRS 990 filing history for Dominion Family Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dominion Family Services Inc's revenue has grown by 360.9%, moving from $239K to $1.1M. Total assets increased by 276.1% over the same period, from $211K to $794K. Total functional expenses rose by 201.3%, from $216K to $650K. In its most recent filing year (2023), Dominion Family Services Inc reported a surplus of $452K, with revenue exceeding expenses. The organization holds $2K in liabilities against $794K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $792K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $650K | $794K | $2K | — | — |
| 2022 | $613K | $611K | $342K | $2K | — | View 990 |
| 2021 | $632K | $598K | $342K | $4K | — | — |
| 2020 | $608K | $599K | $305K | $753 | — | View 990 |
| 2019 | $580K | $506K | $309K | $13K | — | View 990 |
| 2018 | $548K | $396K | $127K | $4K | — | View 990 |
| 2017 | $150K | $121K | $126K | $0 | — | View 990 |
| 2016 | $261K | $239K | $42K | $0 | — | View 990 |
| 2015 | $251K | $253K | $107K | $839 | — | View 990 |
| 2014 | $137K | $118K | $122K | $14K | — | View 990 |
| 2013 | $159K | $153K | $111K | $23K | — | View 990 |
| 2012 | $188K | $184K | $212K | $32K | — | View 990 |
| 2011 | $239K | $216K | $211K | $129K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $650K, and assets of $794K (revenue +79.8% year-over-year).
- 2022: Revenue of $613K, expenses of $611K, and assets of $342K (revenue -3.1% year-over-year).
- 2021: Revenue of $632K, expenses of $598K, and assets of $342K (revenue +4.0% year-over-year).
- 2020: Revenue of $608K, expenses of $599K, and assets of $305K (revenue +4.8% year-over-year).
- 2019: Revenue of $580K, expenses of $506K, and assets of $309K (revenue +5.9% year-over-year).
- 2018: Revenue of $548K, expenses of $396K, and assets of $127K (revenue +264.2% year-over-year).
- 2017: Revenue of $150K, expenses of $121K, and assets of $126K (revenue -42.3% year-over-year).
- 2016: Revenue of $261K, expenses of $239K, and assets of $42K (revenue +3.8% year-over-year).
- 2015: Revenue of $251K, expenses of $253K, and assets of $107K (revenue +82.7% year-over-year).
- 2014: Revenue of $137K, expenses of $118K, and assets of $122K (revenue -13.7% year-over-year).
- 2013: Revenue of $159K, expenses of $153K, and assets of $111K (revenue -15.3% year-over-year).
- 2012: Revenue of $188K, expenses of $184K, and assets of $212K (revenue -21.3% year-over-year).
- 2011: Revenue of $239K, expenses of $216K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dominion Family Services Inc:
Data Sources and Methodology
This transparency report for Dominion Family 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.