Eastman Dental Center Foundation Inc
Eastman Dental Center Foundation maintains substantial assets but recently reported a significant operating deficit.
EIN: 161529555 · Rochester, NY · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $48.7M |
| Transparency Score | 85/100 |
Is Eastman Dental Center Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastman Dental Center Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastman Dental Center Foundation Inc
Eastman Dental Center Foundation Inc (EIN: 161529555) is a nonprofit organization based in Rochester, NY, classified under NTEE code E110. The organization reported total revenue of $2.0M and total assets of $50.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastman Dental Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastman Dental Center Foundation Inc is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $2.8M |
| Surplus / Deficit | $-1,208,734 |
| Total Assets | $48.7M |
| Total Liabilities | $145 |
| Net Assets | $48.7M |
| Operating Margin | -78.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 211.8 months |
Financial Health Grade: B
In 2023, Eastman Dental Center Foundation Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 211.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastman Dental Center Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.9% | +27.4% | +1.0% |
| 2022 | +49.5% | -2.9% | -15.1% |
| 2021 | +3.1% | +8.8% | +35.2% |
| 2020 | -32.6% | -0.8% | -1.3% |
| 2019 | +35.9% | -9.0% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Eastman Dental Center Foundation Inc with a Mission Score of 85 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: 90%
- fundraising: 5%
According to IRS 990 filings, Eastman Dental Center Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with over $50 million in assets and annual revenues in the millions. This suggests either a volunteer leadership structure or that executive compensation is covered by an affiliated entity, which would require further investigation for full transparency.
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 Eastman Dental Center Foundation Inc's IRS 990 filings:
- Significant operating deficit in the most recent filing (202306) where expenses ($2,757,931) substantially exceeded revenue ($1,549,197).
- Consistent 0% officer compensation, which is unusual for an organization with over $50 million in assets and could indicate compensation is paid by an affiliated entity, potentially obscuring full financial picture.
Strengths
The following positive indicators were identified for Eastman Dental Center Foundation Inc:
- Substantial and growing asset base, with assets consistently over $40 million and reaching $50,214,206 most recently.
- Historically strong financial management, often operating with a surplus and maintaining low liabilities.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards programmatic activities rather than executive salaries.
Frequently Asked Questions about Eastman Dental Center Foundation Inc
Is Eastman Dental Center Foundation Inc a legitimate charity?
Eastman Dental Center Foundation Inc (EIN: 161529555) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Eastman Dental Center Foundation Inc spend its money?
Eastman Dental Center Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Eastman Dental Center Foundation Inc tax-deductible?
Eastman Dental Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161529555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eastman Dental Center Foundation Inc CEO make?
Eastman Dental Center Foundation Inc's highest-compensated officer earns $50 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eastman Dental Center Foundation Inc's spending goes to programs?
Eastman Dental Center Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastman Dental Center Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eastman Dental Center Foundation Inc is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastman Dental Center Foundation Inc located?
Eastman Dental Center Foundation Inc is headquartered in Rochester, New York and files with the IRS under EIN 161529555. It is classified under NTEE code E110.
How many years of IRS 990 filings does Eastman Dental Center Foundation Inc have?
Eastman Dental Center Foundation 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 $2.0M in total revenue.
Is Eastman Dental Center Foundation Inc. a good charity?
Based on the available data, the foundation appears to be a financially sound organization with substantial assets and a strong commitment to its mission, as evidenced by 0% officer compensation. However, the recent operating deficit in 202306 warrants further investigation to understand its cause and sustainability.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It suggests that either the leadership is entirely volunteer-based, or compensation for officers is paid by an affiliated entity (e.g., the University of Rochester or Eastman Institute for Oral Health), which would not be reflected in these filings. This practice, while potentially efficient, can sometimes obscure the true cost of leadership.
What caused the significant operating deficit in the 202306 period?
In the 202306 period, the organization reported revenues of $1,549,197 against expenses of $2,757,931, leading to a deficit of over $1.2 million. The IRS 990 filing itself would need to be reviewed to understand the specific reasons for this increase in expenses or decrease in revenue, such as a large one-time program expenditure, investment losses, or a decline in donations.
Filing History
IRS 990 filing history for Eastman Dental Center Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastman Dental Center Foundation Inc's revenue has declined by 31.5%, moving from $2.3M to $1.5M. Total assets increased by 35.4% over the same period, from $35.9M to $48.7M. Total functional expenses rose by 8.4%, from $2.5M to $2.8M. In its most recent filing year (2023), Eastman Dental Center Foundation Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $145 in liabilities against $48.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $2.8M | $48.7M | $145 | — | View 990 |
| 2022 | $3.2M | $2.2M | $48.2M | $0 | — | View 990 |
| 2021 | $2.2M | $2.2M | $56.8M | $0 | — | View 990 |
| 2020 | $2.1M | $2.0M | $42.0M | $0 | — | View 990 |
| 2019 | $3.1M | $2.1M | $42.5M | $6K | — | View 990 |
| 2018 | $2.3M | $2.3M | $42.0M | $4K | — | View 990 |
| 2017 | $2.5M | $2.0M | $40.3M | $10K | — | View 990 |
| 2016 | $2.4M | $2.1M | $37.1M | $9K | — | View 990 |
| 2015 | $3.5M | $1.8M | $40.5M | $11K | — | View 990 |
| 2014 | $2.8M | $2.0M | $40.5M | $3K | — | View 990 |
| 2013 | $353K | $2.2M | $35.9M | $2K | — | View 990 |
| 2012 | $554K | $2.4M | $34.1M | $587 | — | View 990 |
| 2011 | $2.3M | $2.5M | $35.9M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $2.8M, and assets of $48.7M (revenue -51.9% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.2M, and assets of $48.2M (revenue +49.5% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.2M, and assets of $56.8M (revenue +3.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $42.0M (revenue -32.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.1M, and assets of $42.5M (revenue +35.9% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.3M, and assets of $42.0M (revenue -7.8% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.0M, and assets of $40.3M (revenue +1.3% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.1M, and assets of $37.1M (revenue -30.7% year-over-year).
- 2015: Revenue of $3.5M, expenses of $1.8M, and assets of $40.5M (revenue +26.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.0M, and assets of $40.5M (revenue +692.7% year-over-year).
- 2013: Revenue of $353K, expenses of $2.2M, and assets of $35.9M (revenue -36.3% year-over-year).
- 2012: Revenue of $554K, expenses of $2.4M, and assets of $34.1M (revenue -75.5% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.5M, and assets of $35.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastman Dental Center Foundation Inc:
Data Sources and Methodology
This transparency report for Eastman Dental Center Foundation 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.