Dragonfly Forest Inc
EIN: 233094506 · Conshohocken, PA
Is Dragonfly Forest Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dragonfly Forest Inc
Dragonfly Forest Inc (EIN: 233094506) is a nonprofit organization based in Conshohocken, PA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dragonfly Forest Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dragonfly Forest Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $659K |
| Total Expenses | $751K |
| Surplus / Deficit | $-92,419 |
| Total Assets | $6K |
| Total Liabilities | $68K |
| Net Assets | $-62,886 |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 1224.2% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2016, Dragonfly Forest Inc reported a deficit of $92K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 1224.2% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Dragonfly Forest Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +28.8% | +51.2% | -92.1% |
| 2015 | -30.4% | -30.5% | +347.6% |
| 2014 | +5.4% | -3.4% | -73.6% |
| 2013 | +0.3% | +9.2% | +42.4% |
| 2012 | +30.8% | +19.6% | +64.2% |
AI Analysis Pending
AI enrichment for Dragonfly Forest 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 Dragonfly Forest 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1224.2%.
Frequently Asked Questions about Dragonfly Forest Inc
Is Dragonfly Forest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dragonfly Forest Inc (EIN: 233094506) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dragonfly Forest Inc spend its money?
Detailed spending breakdown data is not yet available for Dragonfly Forest Inc. Check back for updated IRS 990 analysis.
Are donations to Dragonfly Forest Inc tax-deductible?
Dragonfly Forest Inc is registered as a tax-exempt nonprofit (EIN: 233094506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Dragonfly Forest Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Dragonfly Forest Inc's revenue has grown by 24%, moving from $531K to $659K. Total assets decreased by 78.2% over the same period, from $26K to $6K. Total functional expenses rose by 32.5%, from $567K to $751K. In its most recent filing year (2016), Dragonfly Forest Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $68K in liabilities against $6K in assets (debt-to-asset ratio: 1224.2%), resulting in net assets of $-62,886.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $659K | $751K | $6K | $68K | — | — |
| 2015 | $511K | $497K | $71K | $41K | — | View 990 |
| 2014 | $734K | $715K | $16K | $718 | — | View 990 |
| 2013 | $697K | $741K | $60K | $64K | — | View 990 |
| 2012 | $695K | $678K | $42K | $3K | — | View 990 |
| 2011 | $531K | $567K | $26K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $659K, expenses of $751K, and assets of $6K (revenue +28.8% year-over-year).
- 2015: Revenue of $511K, expenses of $497K, and assets of $71K (revenue -30.4% year-over-year).
- 2014: Revenue of $734K, expenses of $715K, and assets of $16K (revenue +5.4% year-over-year).
- 2013: Revenue of $697K, expenses of $741K, and assets of $60K (revenue +0.3% year-over-year).
- 2012: Revenue of $695K, expenses of $678K, and assets of $42K (revenue +30.8% year-over-year).
- 2011: Revenue of $531K, expenses of $567K, and assets of $26K.
Data Sources and Methodology
This transparency report for Dragonfly Forest 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.