Dunson School Redevelopment Corporation
Dunson School Redevelopment Corporation consistently operates at a deficit, with liabilities exceeding assets.
EIN: 203092853 · Lagrange, GA · NTEE: L21 · Updated: 2026-03-28
Is Dunson School Redevelopment Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dunson School Redevelopment Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Dunson School Redevelopment Corporation
Dunson School Redevelopment Corporation (EIN: 203092853) is a nonprofit organization based in Lagrange, GA, classified under NTEE code L21. The organization reported total revenue of $454K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dunson School Redevelopment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dunson School Redevelopment Corporation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $231K |
| Surplus / Deficit | $-87,650 |
| Total Assets | $2.7M |
| Total Liabilities | $3.6M |
| Net Assets | $-947,715 |
| Operating Margin | -61.1% |
| Debt-to-Asset Ratio | 135.3% |
| Months of Reserves | 139.2 months |
Financial Health Grade: C
In 2023, Dunson School Redevelopment Corporation reported a deficit of $88K with expenses exceeding revenue, holds 139.2 months of operating reserves (strong position), has a debt-to-asset ratio of 135.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Dunson School Redevelopment Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.5% | -13.4% | +9.2% |
| 2022 | +15.0% | +13.9% | -3.8% |
| 2021 | +0.4% | +12.1% | -3.1% |
| 2020 | +19.5% | -2.0% | -2.3% |
| 2019 | -2.8% | +8.3% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Dunson School Redevelopment Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Dunson School Redevelopment Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.3%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive for resource allocation.
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 Dunson School Redevelopment Corporation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in all reported periods, e.g., $231,125 expenses vs. $143,475 revenue in 202306).
- Liabilities significantly exceed assets ($3,629,149 liabilities vs. $2,681,434 assets in 202306), indicating a negative net asset position.
- Declining asset base over the past decade (from $3,131,976 in 201406 to $2,681,434 in 202306).
- Increasing liabilities over the past decade (from $3,341,275 in 201406 to $3,629,149 in 202306).
- Long-term financial sustainability concerns due to persistent negative financial trends.
Strengths
The following positive indicators were identified for Dunson School Redevelopment Corporation:
- 0% officer compensation reported across all filings, indicating efficient use of funds regarding executive pay.
Frequently Asked Questions about Dunson School Redevelopment Corporation
Is Dunson School Redevelopment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dunson School Redevelopment Corporation (EIN: 203092853) significant concerns. Mission Score: 45/100. 5 red flags identified, 1 strength noted.
How does Dunson School Redevelopment Corporation spend its money?
Dunson School Redevelopment Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dunson School Redevelopment Corporation tax-deductible?
Dunson School Redevelopment Corporation is registered as a tax-exempt nonprofit (EIN: 203092853). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dunson School Redevelopment Corporation a good charity?
While the organization reports 0% officer compensation, a positive for resource allocation, its consistent operational deficits and growing liabilities (e.g., $3,629,149 in liabilities vs. $2,681,434 in assets in 202306) raise significant concerns about its financial health and long-term sustainability, making it difficult to recommend without further financial clarification.
What is the primary cause of the organization's consistent deficits?
The organization's expenses have consistently exceeded its revenue in every reported period. For example, in 202306, expenses were $231,125 while revenue was $143,475. This indicates a structural imbalance where incoming funds are insufficient to cover operational costs.
How has the organization's asset and liability position changed over time?
Assets have generally declined from $3,131,976 in 201406 to $2,681,434 in 202306, while liabilities have increased from $3,341,275 to $3,629,149 over the same period, worsening the organization's net asset position.
What is the organization's strategy for addressing its financial instability?
The provided IRS 990 data does not detail the organization's strategies for addressing its consistent deficits and increasing liabilities. This information would typically be found in the organization's narrative sections of the 990 or annual reports.
What is the impact of 0% officer compensation on the organization's financial health?
While 0% officer compensation means more funds are theoretically available for programs or other expenses, it has not been enough to offset the consistent operational deficits. The organization still faces significant financial challenges despite this efficiency in executive pay.
Filing History
IRS 990 filing history for Dunson School Redevelopment Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Dunson School Redevelopment Corporation's revenue has grown by 30.4%, moving from $110K to $143K. Total assets decreased by 20.4% over the same period, from $3.4M to $2.7M. Total functional expenses rose by 24.2%, from $186K to $231K. In its most recent filing year (2023), Dunson School Redevelopment Corporation reported a deficit of $88K, with expenses exceeding revenue. The organization holds $3.6M in liabilities against $2.7M in assets (debt-to-asset ratio: 135.3%), resulting in net assets of $-947,715.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $231K | $2.7M | $3.6M | — | — |
| 2022 | $172K | $267K | $2.5M | $3.3M | — | View 990 |
| 2021 | $149K | $234K | $2.6M | $3.3M | — | View 990 |
| 2020 | $149K | $209K | $2.6M | $3.3M | — | View 990 |
| 2019 | $125K | $214K | $2.7M | $3.3M | — | View 990 |
| 2018 | $128K | $197K | $2.8M | $3.4M | — | View 990 |
| 2017 | $112K | $199K | $2.9M | $3.4M | — | View 990 |
| 2016 | $108K | $195K | $3.0M | $3.4M | — | View 990 |
| 2015 | $115K | $192K | $3.1M | $3.3M | — | View 990 |
| 2014 | $113K | $192K | $3.1M | $3.3M | — | View 990 |
| 2013 | $111K | $176K | $3.2M | $3.3M | — | View 990 |
| 2012 | $118K | $183K | $3.3M | $3.4M | — | View 990 |
| 2011 | $110K | $186K | $3.4M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $231K, and assets of $2.7M (revenue -16.5% year-over-year).
- 2022: Revenue of $172K, expenses of $267K, and assets of $2.5M (revenue +15.0% year-over-year).
- 2021: Revenue of $149K, expenses of $234K, and assets of $2.6M (revenue +0.4% year-over-year).
- 2020: Revenue of $149K, expenses of $209K, and assets of $2.6M (revenue +19.5% year-over-year).
- 2019: Revenue of $125K, expenses of $214K, and assets of $2.7M (revenue -2.8% year-over-year).
- 2018: Revenue of $128K, expenses of $197K, and assets of $2.8M (revenue +14.5% year-over-year).
- 2017: Revenue of $112K, expenses of $199K, and assets of $2.9M (revenue +3.8% year-over-year).
- 2016: Revenue of $108K, expenses of $195K, and assets of $3.0M (revenue -5.8% year-over-year).
- 2015: Revenue of $115K, expenses of $192K, and assets of $3.1M (revenue +1.9% year-over-year).
- 2014: Revenue of $113K, expenses of $192K, and assets of $3.1M (revenue +1.1% year-over-year).
- 2013: Revenue of $111K, expenses of $176K, and assets of $3.2M (revenue -5.4% year-over-year).
- 2012: Revenue of $118K, expenses of $183K, and assets of $3.3M (revenue +6.9% year-over-year).
- 2011: Revenue of $110K, expenses of $186K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dunson School Redevelopment Corporation:
Data Sources and Methodology
This transparency report for Dunson School Redevelopment Corporation 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.