Dry Creek Charity
Dry Creek Charity consistently maintains strong asset growth and reports no officer compensation.
EIN: 204351350 · Holladay, UT · NTEE: K40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $260K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $5.6M |
| Transparency Score | 85/100 |
Is Dry Creek Charity Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dry Creek Charity directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dry Creek Charity
Dry Creek Charity (EIN: 204351350) is a nonprofit organization based in Holladay, UT, classified under NTEE code K40. The organization reported total revenue of $4.4M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dry Creek Charity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dry Creek Charity is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $260K |
| Surplus / Deficit | +$55K |
| Total Assets | $5.6M |
| Total Liabilities | $230 |
| Net Assets | $5.6M |
| Operating Margin | 17.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 259.1 months |
Financial Health Grade: A
In 2023, Dry Creek Charity reported a surplus of $55K with revenue exceeding expenses, holds 259.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Dry Creek Charity's revenue has grown at a compound annual growth rate (CAGR) of 19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.7% | -31.4% | +5.3% |
| 2022 | -36.7% | +4.5% | -2.7% |
| 2021 | -35.1% | +9.5% | +8.4% |
| 2020 | +17.7% | +15.5% | +16.1% |
| 2019 | +5.5% | -57.1% | +20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Dry Creek Charity with a Mission Score of 85 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, Dry Creek Charity 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 $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Dry Creek Charity consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or that compensation falls below reporting thresholds, which is highly unusual for an organization of its size with over $4 million in assets.
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 Dry Creek Charity's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation for an organization with over $4 million in assets, which could indicate a lack of transparency if compensation is being paid through other means or to non-officer roles.
Strengths
The following positive indicators were identified for Dry Creek Charity:
- Strong and consistent asset growth, from $1.5 million in 2011 to $5.7 million currently.
- Generally positive net revenue in most periods, indicating financial stability.
- No reported officer compensation, potentially leading to lower administrative overhead.
- Consistent filing of IRS Form 990s, demonstrating a commitment to transparency in reporting.
Frequently Asked Questions about Dry Creek Charity
Is Dry Creek Charity a legitimate charity?
Dry Creek Charity (EIN: 204351350) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $4.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Dry Creek Charity spend its money?
Dry Creek Charity directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dry Creek Charity tax-deductible?
Dry Creek Charity is registered as a tax-exempt nonprofit (EIN: 204351350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dry Creek Charity CEO make?
Dry Creek Charity's highest-compensated officer earns $4 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Dry Creek Charity's spending goes to programs?
Dry Creek Charity directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dry Creek Charity compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dry Creek Charity is above average for NTEE category K40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dry Creek Charity located?
Dry Creek Charity is headquartered in Holladay, Utah and files with the IRS under EIN 204351350. It is classified under NTEE code K40.
How many years of IRS 990 filings does Dry Creek Charity have?
Dry Creek Charity has 9 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 $4.4M in total revenue.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of these expense categories, making it difficult to fully assess spending efficiency beyond the overall revenue and expense figures.
How does Dry Creek Charity manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization may be primarily volunteer-run at the executive level, or that any compensation provided falls below the IRS reporting thresholds for officers, directors, trustees, and key employees.
What is the primary use of the significant accumulated assets?
With assets growing from $1.5 million in 2011 to over $5.7 million currently, and expenses often significantly lower than revenue, understanding the specific purpose and utilization of these accumulated assets (e.g., endowments, property, future projects) would provide greater insight into the organization's long-term strategy.
Filing History
IRS 990 filing history for Dry Creek Charity showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Dry Creek Charity's revenue has grown by 716.3%, moving from $39K to $315K. Total assets increased by 260.8% over the same period, from $1.6M to $5.6M. Total functional expenses fell by 12.7%, from $298K to $260K. In its most recent filing year (2023), Dry Creek Charity reported a surplus of $55K, with revenue exceeding expenses. The organization holds $230 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $260K | $5.6M | $230 | — | — |
| 2022 | $424K | $379K | $5.3M | $2K | — | View 990 |
| 2021 | $670K | $362K | $5.5M | $6K | — | View 990 |
| 2020 | $1.0M | $331K | $5.1M | $3K | — | View 990 |
| 2019 | $877K | $287K | $4.4M | $2K | — | View 990 |
| 2015 | $831K | $668K | $3.6M | $3K | — | View 990 |
| 2014 | $1.2M | $377K | $3.5M | $3K | — | View 990 |
| 2013 | $1.1M | $464K | $2.6M | $2K | — | View 990 |
| 2011 | $39K | $298K | $1.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $260K, and assets of $5.6M (revenue -25.7% year-over-year).
- 2022: Revenue of $424K, expenses of $379K, and assets of $5.3M (revenue -36.7% year-over-year).
- 2021: Revenue of $670K, expenses of $362K, and assets of $5.5M (revenue -35.1% year-over-year).
- 2020: Revenue of $1.0M, expenses of $331K, and assets of $5.1M (revenue +17.7% year-over-year).
- 2019: Revenue of $877K, expenses of $287K, and assets of $4.4M (revenue +5.5% year-over-year).
- 2015: Revenue of $831K, expenses of $668K, and assets of $3.6M (revenue -32.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $377K, and assets of $3.5M (revenue +15.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $464K, and assets of $2.6M (revenue +2658.6% year-over-year).
- 2011: Revenue of $39K, expenses of $298K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dry Creek Charity:
Data Sources and Methodology
This transparency report for Dry Creek Charity 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.