Dorothy Myles Foundation
Dorothy Myles Foundation's assets decline by 40% over a decade amid consistent expense overruns.
EIN: 205096891 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $32K |
| Program Spending | 70% |
| Net Assets | $139K |
| Transparency Score | 55/100 |
Is Dorothy Myles Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dorothy Myles Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Dorothy Myles Foundation
Dorothy Myles Foundation (EIN: 205096891) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $17K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothy Myles Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothy Myles Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $32K |
| Surplus / Deficit | $-25,237 |
| Total Assets | $139K |
| Total Liabilities | $1 |
| Net Assets | $139K |
| Operating Margin | -357.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 51.5 months |
Financial Health Grade: B
In 2023, Dorothy Myles Foundation reported a deficit of $25K with expenses exceeding revenue, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dorothy Myles Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +437.5% | -15.4% |
| 2022 | -59.2% | -80.9% | +0.0% |
| 2021 | +173.3% | +306.0% | -9.2% |
| 2020 | -9.2% | -2.7% | -1.3% |
| 2019 | -67.6% | -56.9% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Dorothy Myles Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Dorothy Myles Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that no officers or key employees are drawing salaries from the organization, which is highly commendable for a nonprofit of this 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 Dorothy Myles Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade (from $230,834 in 2011 to $138,624 in 2023).
- Expenses frequently exceed revenue, indicating a reliance on existing assets rather than sustainable income generation (e.g., 2023 expenses $32,290 vs. revenue $7,053).
- Lack of detailed expense breakdown in the provided data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Dorothy Myles Foundation:
- Zero officer compensation consistently reported across all filings, indicating efficient use of funds at the leadership level.
- Minimal liabilities ($1) consistently reported, suggesting good debt management.
- Long operating history with 10 filings, indicating established presence.
Frequently Asked Questions about Dorothy Myles Foundation
Is Dorothy Myles Foundation a legitimate charity?
Dorothy Myles Foundation (EIN: 205096891) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $17K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Dorothy Myles Foundation spend its money?
Dorothy Myles Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Dorothy Myles Foundation tax-deductible?
Dorothy Myles Foundation is registered as a tax-exempt nonprofit (EIN: 205096891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dorothy Myles Foundation's spending goes to programs?
Dorothy Myles Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Dorothy Myles Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Dorothy Myles Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dorothy Myles Foundation located?
Dorothy Myles Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205096891. It is classified under NTEE code T20.
How many years of IRS 990 filings does Dorothy Myles Foundation have?
Dorothy Myles 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 $17K in total revenue.
Is the Dorothy Myles Foundation financially sustainable?
Based on the trend of expenses frequently exceeding revenue and a significant decline in assets from $230,834 in 2011 to $138,624 in 2023, the foundation's long-term financial sustainability is questionable without a change in its financial model.
What are the primary drivers of the foundation's expenses?
The provided data does not offer a detailed breakdown of expenses (e.g., program, administrative, fundraising), making it impossible to identify the primary drivers. Further analysis of the full 990 forms would be required.
How does the foundation generate its revenue?
The provided data only shows total revenue figures, not the sources (e.g., donations, grants, investments). Understanding revenue streams would require reviewing the full 990 forms.
Why have the foundation's assets decreased significantly?
The consistent pattern of expenses exceeding revenue in multiple years (e.g., 2023, 2021, 2020, 2019, 2014, 2012, 2011) suggests that the organization has been drawing down its asset base to cover operational costs, leading to the observed decline.
Filing History
IRS 990 filing history for Dorothy Myles Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dorothy Myles Foundation's revenue has grown by 393.9%, moving from $1K to $7K. Total assets decreased by 39.9% over the same period, from $231K to $139K. Total functional expenses rose by 331.2%, from $7K to $32K. In its most recent filing year (2023), Dorothy Myles Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $139K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $139K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $32K | $139K | $1 | — | — |
| 2022 | $6K | $6K | $164K | $1 | — | View 990 |
| 2021 | $15K | $31K | $164K | $1 | — | — |
| 2020 | $5K | $8K | $180K | $1 | — | View 990 |
| 2019 | $6K | $8K | $183K | $1 | — | View 990 |
| 2015 | $18K | $18K | $213K | $1 | — | View 990 |
| 2014 | $16K | $23K | $213K | $1 | — | View 990 |
| 2013 | $10K | $9K | $220K | $1 | — | View 990 |
| 2012 | $9K | $20K | $219K | $1 | — | View 990 |
| 2011 | $1K | $7K | $231K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $32K, and assets of $139K (revenue +17.0% year-over-year).
- 2022: Revenue of $6K, expenses of $6K, and assets of $164K (revenue -59.2% year-over-year).
- 2021: Revenue of $15K, expenses of $31K, and assets of $164K (revenue +173.3% year-over-year).
- 2020: Revenue of $5K, expenses of $8K, and assets of $180K (revenue -9.2% year-over-year).
- 2019: Revenue of $6K, expenses of $8K, and assets of $183K (revenue -67.6% year-over-year).
- 2015: Revenue of $18K, expenses of $18K, and assets of $213K (revenue +17.4% year-over-year).
- 2014: Revenue of $16K, expenses of $23K, and assets of $213K (revenue +62.1% year-over-year).
- 2013: Revenue of $10K, expenses of $9K, and assets of $220K (revenue +13.5% year-over-year).
- 2012: Revenue of $9K, expenses of $20K, and assets of $219K (revenue +496.8% year-over-year).
- 2011: Revenue of $1K, expenses of $7K, and assets of $231K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothy Myles Foundation:
Data Sources and Methodology
This transparency report for Dorothy Myles 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.