Doves Nest
Doves Nest consistently generates revenue surpluses, growing assets, and reports no officer compensation.
EIN: 201120940 · Dove Creek, CO · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $236K |
| Program Spending | 85% |
| Net Assets | $526K |
| Transparency Score | 90/100 |
Is Doves Nest Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Doves Nest directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Doves Nest
Doves Nest (EIN: 201120940) is a nonprofit organization based in Dove Creek, CO, classified under NTEE code P33. The organization reported total revenue of $298K and total assets of $558K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doves Nest's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doves Nest is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313K |
| Total Expenses | $236K |
| Surplus / Deficit | +$77K |
| Total Assets | $568K |
| Total Liabilities | $41K |
| Net Assets | $526K |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Doves Nest reported a surplus of $77K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Doves Nest's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | -11.4% | +14.0% |
| 2022 | -0.2% | +4.8% | +0.8% |
| 2021 | -5.5% | -3.2% | +3.3% |
| 2020 | -9.2% | +11.8% | +5.0% |
| 2019 | +13.2% | -2.7% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Doves Nest with a Mission Score of 90 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, Doves Nest 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 $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
Doves Nest consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Doves Nest's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Doves Nest:
- Consistent revenue exceeding expenses, leading to financial stability.
- Significant growth in assets over the past decade, from $154,359 in 2014 to $567,506 in 2023.
- Very low liabilities relative to assets, indicating strong financial management.
- 0% reported officer compensation across all filings, suggesting high dedication of resources to mission.
- Consistent filing of IRS Form 990s, demonstrating transparency and accountability.
Frequently Asked Questions about Doves Nest
Is Doves Nest a legitimate charity?
Doves Nest (EIN: 201120940) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $298K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Doves Nest spend its money?
Doves Nest directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Doves Nest tax-deductible?
Doves Nest is registered as a tax-exempt nonprofit (EIN: 201120940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Doves Nest's spending goes to programs?
Doves Nest directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Doves Nest compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Doves Nest is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Doves Nest located?
Doves Nest is headquartered in Dove Creek, Colorado and files with the IRS under EIN 201120940. It is classified under NTEE code P33.
How many years of IRS 990 filings does Doves Nest have?
Doves Nest 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 $298K in total revenue.
Is Doves Nest a good charity?
Based on the provided financial data, Doves Nest appears to be a good charity. It consistently maintains a healthy financial position with revenues exceeding expenses, growing assets, and very low liabilities. The absence of officer compensation is a significant positive indicator of efficient resource allocation.
How has Doves Nest's financial health changed over time?
Doves Nest has shown consistent financial growth and stability over the past decade. Its assets have more than tripled from $154,359 in 2014 to $567,506 in 2023, while liabilities have remained low. Revenue has also seen a general upward trend, consistently covering expenses.
What is Doves Nest's approach to executive compensation?
Doves Nest reports 0% officer compensation in all available IRS 990 filings, suggesting a model where executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of directing funds towards its mission.
Filing History
IRS 990 filing history for Doves Nest showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Doves Nest's revenue has grown by 43.7%, moving from $218K to $313K. Total assets increased by 281.2% over the same period, from $149K to $568K. Total functional expenses rose by 11.3%, from $212K to $236K. In its most recent filing year (2023), Doves Nest reported a surplus of $77K, with revenue exceeding expenses. The organization holds $41K in liabilities against $568K in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $526K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313K | $236K | $568K | $41K | — | — |
| 2022 | $276K | $266K | $498K | $48K | — | View 990 |
| 2021 | $277K | $254K | $494K | $61K | — | View 990 |
| 2020 | $293K | $262K | $478K | $68K | — | — |
| 2019 | $323K | $235K | $455K | $76K | — | View 990 |
| 2018 | $285K | $241K | $374K | $83K | — | View 990 |
| 2017 | $245K | $228K | $253K | $6K | — | View 990 |
| 2016 | $273K | $229K | $234K | $4K | — | View 990 |
| 2015 | $255K | $217K | $190K | $4K | — | View 990 |
| 2014 | $206K | $200K | $154K | $6K | — | View 990 |
| 2013 | $209K | $188K | $151K | $8K | — | View 990 |
| 2012 | $199K | $214K | $131K | $10K | — | View 990 |
| 2011 | $218K | $212K | $149K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313K, expenses of $236K, and assets of $568K (revenue +13.1% year-over-year).
- 2022: Revenue of $276K, expenses of $266K, and assets of $498K (revenue -0.2% year-over-year).
- 2021: Revenue of $277K, expenses of $254K, and assets of $494K (revenue -5.5% year-over-year).
- 2020: Revenue of $293K, expenses of $262K, and assets of $478K (revenue -9.2% year-over-year).
- 2019: Revenue of $323K, expenses of $235K, and assets of $455K (revenue +13.2% year-over-year).
- 2018: Revenue of $285K, expenses of $241K, and assets of $374K (revenue +16.3% year-over-year).
- 2017: Revenue of $245K, expenses of $228K, and assets of $253K (revenue -10.1% year-over-year).
- 2016: Revenue of $273K, expenses of $229K, and assets of $234K (revenue +6.8% year-over-year).
- 2015: Revenue of $255K, expenses of $217K, and assets of $190K (revenue +24.0% year-over-year).
- 2014: Revenue of $206K, expenses of $200K, and assets of $154K (revenue -1.7% year-over-year).
- 2013: Revenue of $209K, expenses of $188K, and assets of $151K (revenue +5.2% year-over-year).
- 2012: Revenue of $199K, expenses of $214K, and assets of $131K (revenue -8.5% year-over-year).
- 2011: Revenue of $218K, expenses of $212K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doves Nest:
Data Sources and Methodology
This transparency report for Doves Nest 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.