Duininck Bros Inc Veba Trust
EIN: 416361866 · Prinsburg, MN
| Metric | Value |
|---|---|
| Total Expenses | $6.4M |
| Net Assets | $-1,102,040 |
Is Duininck Bros Inc Veba Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Duininck Bros Inc Veba Trust
Duininck Bros Inc Veba Trust (EIN: 416361866) is a nonprofit organization based in Prinsburg, MN. 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 Duininck Bros Inc Veba Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duininck Bros Inc Veba Trust is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $6.4M |
| Surplus / Deficit | $-197,153 |
| Total Assets | $103 |
| Total Liabilities | $1.1M |
| Net Assets | $-1,102,040 |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 1070041.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2017, Duininck Bros Inc Veba Trust reported a deficit of $197K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 1070041.7% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Duininck Bros Inc Veba Trust's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -2.8% | -1.3% | +10200.0% |
| 2016 | +1.7% | +11.8% | — |
| 2015 | +5.8% | -8.5% | — |
| 2014 | +35.1% | +31.7% | -100.0% |
| 2013 | +13.3% | +28.1% | -99.6% |
AI Analysis Pending
AI enrichment for Duininck Bros Inc Veba Trust 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 Duininck Bros Inc Veba Trust 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $197K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1070041.7%.
Frequently Asked Questions about Duininck Bros Inc Veba Trust
Is Duininck Bros Inc Veba Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Duininck Bros Inc Veba Trust (EIN: 416361866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Duininck Bros Inc Veba Trust spend its money?
Detailed spending breakdown data is not yet available for Duininck Bros Inc Veba Trust. Check back for updated IRS 990 analysis.
Are donations to Duininck Bros Inc Veba Trust tax-deductible?
Duininck Bros Inc Veba Trust is registered as a tax-exempt nonprofit (EIN: 416361866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Duininck Bros Inc Veba Trust located?
Duininck Bros Inc Veba Trust is headquartered in Prinsburg, Minnesota and files with the IRS under EIN 416361866.
How many years of IRS 990 filings does Duininck Bros Inc Veba Trust have?
Duininck Bros Inc Veba Trust has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Duininck Bros Inc Veba Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Duininck Bros Inc Veba Trust's revenue has grown by 116.9%, moving from $2.9M to $6.2M. Total functional expenses rose by 100.8%, from $3.2M to $6.4M. In its most recent filing year (2017), Duininck Bros Inc Veba Trust reported a deficit of $197K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $103 in assets (debt-to-asset ratio: 1070041.7%), resulting in net assets of $-1,102,040.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $6.2M | $6.4M | $103 | $1.1M | — | View 990 |
| 2016 | $6.4M | $6.5M | $1 | $905K | — | View 990 |
| 2015 | $6.3M | $5.8M | $0 | $806K | — | View 990 |
| 2014 | $5.9M | $6.4M | $0 | $1.3M | — | View 990 |
| 2013 | $4.4M | $4.8M | $147 | $874K | — | View 990 |
| 2012 | $3.9M | $3.8M | $37K | $488K | — | View 990 |
| 2011 | $2.9M | $3.2M | $0 | $571K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $6.2M, expenses of $6.4M, and assets of $103 (revenue -2.8% year-over-year).
- 2016: Revenue of $6.4M, expenses of $6.5M, and assets of $1 (revenue +1.7% year-over-year).
- 2015: Revenue of $6.3M, expenses of $5.8M, and assets of $0 (revenue +5.8% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.4M, and assets of $0 (revenue +35.1% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.8M, and assets of $147 (revenue +13.3% year-over-year).
- 2012: Revenue of $3.9M, expenses of $3.8M, and assets of $37K (revenue +35.4% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.2M, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duininck Bros Inc Veba Trust:
Data Sources and Methodology
This transparency report for Duininck Bros Inc Veba Trust 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.