Dry Dock Recovery Inc
EIN: 814255761 · Nassau, DE · NTEE: F20
Is Dry Dock Recovery Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dry Dock Recovery Inc
Dry Dock Recovery Inc (EIN: 814255761) is a nonprofit organization based in Nassau, DE, classified under NTEE code F20. The organization reported total revenue of $11K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dry Dock Recovery Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dry Dock Recovery Inc is a micro nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2016–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $21K |
| Surplus / Deficit | $-7,351 |
| Total Assets | $-11,376 |
| Net Assets | $-11,376 |
| Operating Margin | -52.7% |
| Months of Reserves | -6.4 months |
Financial Health Grade: C
In 2023, Dry Dock Recovery Inc reported a deficit of $7K with expenses exceeding revenue, holds -6.4 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dry Dock Recovery 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 Dry Dock Recovery 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 deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Dry Dock Recovery Inc
Is Dry Dock Recovery Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dry Dock Recovery Inc (EIN: 814255761) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dry Dock Recovery Inc spend its money?
Detailed spending breakdown data is not yet available for Dry Dock Recovery Inc. Check back for updated IRS 990 analysis.
Are donations to Dry Dock Recovery Inc tax-deductible?
Dry Dock Recovery Inc is registered as a tax-exempt nonprofit (EIN: 814255761). 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 Dry Dock Recovery Inc showing financial trends over 3 years of public records:
Total assets decreased by 1137700% over the same period, from $1 to $-11,376. In its most recent filing year (2023), Dry Dock Recovery Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $21K | $-11,376 | $0 | — | — |
| 2017 | $0 | $0 | $1 | $0 | — | — |
| 2016 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $21K, and assets of $-11,376.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dry Dock Recovery Inc:
Data Sources and Methodology
This transparency report for Dry Dock Recovery 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.