Dynetics Inc Employee Health And Welfare Plan
Dynetics Inc Employee Health And Welfare Plan consistently reports zero officer compensation while managing significant employee welfare funds.
EIN: 205618027 · Huntsville, AL · NTEE: Y43 · Updated: 2026-03-28
Is Dynetics Inc Employee Health And Welfare Plan Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dynetics Inc Employee Health And Welfare Plan directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dynetics Inc Employee Health And Welfare Plan
Dynetics Inc Employee Health And Welfare Plan (EIN: 205618027) is a nonprofit organization based in Huntsville, AL, classified under NTEE code Y43. The organization reported total revenue of $2.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dynetics Inc Employee Health And Welfare Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dynetics Inc Employee Health And Welfare Plan is a mid-size nonprofit that has been operating for 7 years, with 16 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.9M |
| Total Expenses | $34.6M |
| Surplus / Deficit | +$353K |
| Total Assets | $2.0M |
| Total Liabilities | $111K |
| Net Assets | $1.9M |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Dynetics Inc Employee Health And Welfare Plan reported a surplus of $353K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 16 years of filings (2009–2023), Dynetics Inc Employee Health And Welfare Plan's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.8% | -9.5% | +18.9% |
| 2022 | -3.7% | -3.3% | -16.8% |
| 2021 | +51.0% | +28.1% | +60.2% |
| 2020 | +8.2% | +34.0% | -76.8% |
| 2019 | +28.5% | +15.1% | +47.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Dynetics Inc Employee Health And Welfare Plan with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Dynetics Inc Employee Health And Welfare Plan allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $353K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the plan, which is highly favorable for an organization of this type and size.
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.
Strengths
The following positive indicators were identified for Dynetics Inc Employee Health And Welfare Plan:
- Consistent zero officer compensation, indicating efficient use of funds for its intended purpose.
- Stable financial operations with significant revenue and asset base, such as $34,949,333 in revenue and $2,028,196 in assets in 202312.
- Clear focus on its NTEE code Y43 (Employee Welfare Organizations) mission without diversion to fundraising expenses.
Frequently Asked Questions about Dynetics Inc Employee Health And Welfare Plan
Is Dynetics Inc Employee Health And Welfare Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Dynetics Inc Employee Health And Welfare Plan (EIN: 205618027) appears legitimate. Mission Score: 90/100. 0 red flags identified, 3 strengths noted.
How does Dynetics Inc Employee Health And Welfare Plan spend its money?
Dynetics Inc Employee Health And Welfare Plan directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dynetics Inc Employee Health And Welfare Plan tax-deductible?
Dynetics Inc Employee Health And Welfare Plan is registered as a tax-exempt nonprofit (EIN: 205618027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dynetics Inc Employee Health And Welfare Plan a good charity?
As an employee health and welfare plan, it's not a 'charity' in the traditional sense, but its financial management appears sound for its purpose. The consistent zero officer compensation is a significant positive indicator of efficient resource allocation.
How does the organization manage its liabilities?
The organization consistently reports liabilities, such as $110,759 in 202312, which are typical for a benefits plan managing claims and administrative payables. These figures appear manageable relative to its assets and revenue.
What is the trend in the organization's assets?
Assets have fluctuated over the years, from a high of $5,518,368 in 201912 to $2,028,196 in 202312. This fluctuation is common for plans that manage investments and benefit payouts, but the organization maintains a substantial asset base.
Filing History
IRS 990 filing history for Dynetics Inc Employee Health And Welfare Plan showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2023), Dynetics Inc Employee Health And Welfare Plan's revenue has grown by 364%, moving from $7.5M to $34.9M. Total assets increased by 255.8% over the same period, from $570K to $2.0M. Total functional expenses rose by 366.2%, from $7.4M to $34.6M. In its most recent filing year (2023), Dynetics Inc Employee Health And Welfare Plan reported a surplus of $353K, with revenue exceeding expenses. The organization holds $111K in liabilities against $2.0M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.9M | $34.6M | $2.0M | $111K | — | — |
| 2022 | $37.9M | $38.2M | $1.7M | $141K | — | View 990 |
| 2021 | $39.4M | $39.5M | $2.0M | $3.3M | — | View 990 |
| 2020 | $26.1M | $30.8M | $1.3M | $2.4M | — | View 990 |
| 2019 | $24.1M | $23.0M | $5.5M | $1.9M | — | View 990 |
| 2018 | $18.8M | $20.0M | $3.7M | $1.1M | — | View 990 |
| 2017 | $14.0M | $13.5M | $5.1M | $1.2M | — | — |
| 2016 | $14.3M | $14.1M | $4.4M | $1.0M | — | — |
| 2015 | $6.7M | $6.2M | $3.5M | $366K | — | — |
| 2015 | $11.5M | $11.9M | $3.4M | $746K | — | View 990 |
| 2014 | $10.8M | $9.7M | $3.1M | $0 | — | — |
| 2013 | $9.7M | $9.8M | $1.9M | $0 | — | — |
| 2012 | $8.9M | $8.4M | $2.1M | $0 | — | — |
| 2011 | $7.7M | $7.5M | $1.6M | $0 | — | — |
| 2010 | $8.4M | $7.6M | $1.4M | $0 | — | — |
| 2009 | $7.5M | $7.4M | $570K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $34.9M, expenses of $34.6M, and assets of $2.0M (revenue -7.8% year-over-year).
- 2022: Revenue of $37.9M, expenses of $38.2M, and assets of $1.7M (revenue -3.7% year-over-year).
- 2021: Revenue of $39.4M, expenses of $39.5M, and assets of $2.0M (revenue +51.0% year-over-year).
- 2020: Revenue of $26.1M, expenses of $30.8M, and assets of $1.3M (revenue +8.2% year-over-year).
- 2019: Revenue of $24.1M, expenses of $23.0M, and assets of $5.5M (revenue +28.5% year-over-year).
- 2018: Revenue of $18.8M, expenses of $20.0M, and assets of $3.7M (revenue +34.1% year-over-year).
- 2017: Revenue of $14.0M, expenses of $13.5M, and assets of $5.1M (revenue -1.9% year-over-year).
- 2016: Revenue of $14.3M, expenses of $14.1M, and assets of $4.4M (revenue +112.4% year-over-year).
- 2015: Revenue of $6.7M, expenses of $6.2M, and assets of $3.5M (revenue -41.5% year-over-year).
- 2015: Revenue of $11.5M, expenses of $11.9M, and assets of $3.4M (revenue +6.4% year-over-year).
- 2014: Revenue of $10.8M, expenses of $9.7M, and assets of $3.1M (revenue +11.6% year-over-year).
- 2013: Revenue of $9.7M, expenses of $9.8M, and assets of $1.9M (revenue +8.5% year-over-year).
- 2012: Revenue of $8.9M, expenses of $8.4M, and assets of $2.1M (revenue +15.3% year-over-year).
- 2011: Revenue of $7.7M, expenses of $7.5M, and assets of $1.6M (revenue -7.7% year-over-year).
- 2010: Revenue of $8.4M, expenses of $7.6M, and assets of $1.4M (revenue +11.2% year-over-year).
- 2009: Revenue of $7.5M, expenses of $7.4M, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dynetics Inc Employee Health And Welfare Plan:
Data Sources and Methodology
This transparency report for Dynetics Inc Employee Health And Welfare Plan 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.