Dumbo District Management Association Inc
Dumbo District Management Association Inc. shows consistent revenue growth but recent operating deficits have reduced assets.
EIN: 200214837 · Brooklyn, NY · NTEE: M99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $246K |
| Transparency Score | 75/100 |
Is Dumbo District Management Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dumbo District Management Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dumbo District Management Association Inc
Dumbo District Management Association Inc (EIN: 200214837) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code M99. The organization reported total revenue of $2.2M and total assets of $334K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dumbo District Management Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dumbo District Management Association Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-207,236 |
| Total Assets | $359K |
| Total Liabilities | $114K |
| Net Assets | $246K |
| Operating Margin | -13.6% |
| Debt-to-Asset Ratio | 31.6% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2023, Dumbo District Management Association Inc reported a deficit of $207K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 31.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dumbo District Management Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | +3.6% | -32.5% |
| 2022 | +19.0% | +22.2% | -23.5% |
| 2021 | -15.3% | +1.6% | -14.6% |
| 2020 | +6.3% | +11.5% | +39.1% |
| 2019 | +29.7% | +16.0% | +76.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Dumbo District Management Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Dumbo District Management Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $207K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.6%.
Executive Compensation Analysis
The organization 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 a strong positive for minimizing overhead related to executive pay.
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 Dumbo District Management Association Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2021-2023)
- Significant decline in assets from $815,244 in 2020 to $359,334 in 2023
Strengths
The following positive indicators were identified for Dumbo District Management Association Inc:
- Consistent revenue growth over the past decade
- 0% reported officer compensation, indicating efficient use of funds for leadership
- Long filing history (13 filings) demonstrating transparency
Frequently Asked Questions about Dumbo District Management Association Inc
Is Dumbo District Management Association Inc a legitimate charity?
Dumbo District Management Association Inc (EIN: 200214837) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Dumbo District Management Association Inc spend its money?
Dumbo District Management Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dumbo District Management Association Inc tax-deductible?
Dumbo District Management Association Inc is registered as a tax-exempt nonprofit (EIN: 200214837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dumbo District Management Association Inc's spending goes to programs?
Dumbo District Management Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Dumbo District Management Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Dumbo District Management Association Inc is above average for NTEE category M99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dumbo District Management Association Inc located?
Dumbo District Management Association Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 200214837. It is classified under NTEE code M99.
How many years of IRS 990 filings does Dumbo District Management Association Inc have?
Dumbo District Management Association Inc 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 $2.2M in total revenue.
Why have expenses exceeded revenue in recent years?
The filings for periods 202306, 202206, and 202106 show expenses ($1,728,010, $1,668,016, $1,365,018 respectively) consistently higher than revenues ($1,520,774, $1,531,780, $1,287,367 respectively). This trend has contributed to a decline in assets.
What caused the significant decrease in assets since 2020?
Assets peaked at $815,244 in 202006 but have since decreased to $359,334 in 202306. This decline correlates with the periods where expenses have outpaced revenue, suggesting the organization is drawing down reserves to cover operational costs.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership roles may be filled by volunteers, or compensation is structured in a way that it's not reported under 'officer compensation' on the 990, potentially through a management company or other contractual arrangements.
Filing History
IRS 990 filing history for Dumbo District Management Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dumbo District Management Association Inc's revenue has grown by 123.1%, moving from $682K to $1.5M. Total assets increased by 100.3% over the same period, from $179K to $359K. Total functional expenses rose by 174.7%, from $629K to $1.7M. In its most recent filing year (2023), Dumbo District Management Association Inc reported a deficit of $207K, with expenses exceeding revenue. The organization holds $114K in liabilities against $359K in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $359K | $114K | — | View 990 |
| 2022 | $1.5M | $1.7M | $532K | $79K | — | View 990 |
| 2021 | $1.3M | $1.4M | $696K | $107K | — | View 990 |
| 2020 | $1.5M | $1.3M | $815K | $148K | — | View 990 |
| 2019 | $1.4M | $1.2M | $586K | $95K | — | View 990 |
| 2018 | $1.1M | $1.0M | $333K | $66K | — | View 990 |
| 2017 | $915K | $931K | $245K | $41K | — | View 990 |
| 2016 | $914K | $930K | $289K | $69K | — | View 990 |
| 2015 | $840K | $814K | $292K | $55K | — | View 990 |
| 2014 | $876K | $863K | $264K | $52K | — | View 990 |
| 2013 | $830K | $825K | $227K | $27K | — | View 990 |
| 2012 | $643K | $604K | $217K | $23K | — | View 990 |
| 2011 | $682K | $629K | $179K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $359K (revenue -0.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $532K (revenue +19.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.4M, and assets of $696K (revenue -15.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $815K (revenue +6.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.2M, and assets of $586K (revenue +29.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $333K (revenue +20.4% year-over-year).
- 2017: Revenue of $915K, expenses of $931K, and assets of $245K (revenue +0.0% year-over-year).
- 2016: Revenue of $914K, expenses of $930K, and assets of $289K (revenue +8.9% year-over-year).
- 2015: Revenue of $840K, expenses of $814K, and assets of $292K (revenue -4.1% year-over-year).
- 2014: Revenue of $876K, expenses of $863K, and assets of $264K (revenue +5.5% year-over-year).
- 2013: Revenue of $830K, expenses of $825K, and assets of $227K (revenue +29.0% year-over-year).
- 2012: Revenue of $643K, expenses of $604K, and assets of $217K (revenue -5.6% year-over-year).
- 2011: Revenue of $682K, expenses of $629K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dumbo District Management Association Inc:
Data Sources and Methodology
This transparency report for Dumbo District Management Association 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.