Erick Dampier Foundation Inc
Erick Dampier Foundation shows fluctuating revenue but maintains stable assets and low expenses.
EIN: 200079217 · Ridgeland, MS · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $7K |
| Program Spending | 85% |
| Net Assets | $205K |
| Transparency Score | 75/100 |
Is Erick Dampier Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Erick Dampier Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Erick Dampier Foundation Inc
Erick Dampier Foundation Inc (EIN: 200079217) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code O50. The organization reported total revenue of $28K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erick Dampier Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erick Dampier Foundation Inc is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $7K |
| Surplus / Deficit | +$72K |
| Total Assets | $205K |
| Total Liabilities | $1 |
| Net Assets | $205K |
| Operating Margin | 91.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 344.5 months |
Financial Health Grade: A
In 2023, Erick Dampier Foundation Inc reported a surplus of $72K with revenue exceeding expenses, holds 344.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Erick Dampier Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -301.4% | +12.7% | -16.8% |
| 2021 | -26.1% | +180.1% | -7.8% |
| 2020 | -37.2% | +68.5% | -0.7% |
| 2019 | +378.3% | -11.1% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Erick Dampier Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Erick Dampier Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is a positive sign for donor confidence and 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 Erick Dampier Foundation Inc's IRS 990 filings:
- Significant revenue fluctuation, including negative revenue in 2022, indicates potential instability in funding streams.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Erick Dampier Foundation Inc:
- Consistent asset base, demonstrating financial stability over time ($206,736 in 2023).
- Extremely low liabilities ($1 in most years), indicating sound financial management.
- Zero officer compensation, suggesting a volunteer-driven leadership and efficient use of funds.
- Very low expenses relative to assets and, in some years, revenue, indicating operational efficiency (e.g., $7,150 expenses vs. $79,359 revenue in 2023).
Frequently Asked Questions about Erick Dampier Foundation Inc
Is Erick Dampier Foundation Inc a legitimate charity?
Erick Dampier Foundation Inc (EIN: 200079217) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $28K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Erick Dampier Foundation Inc spend its money?
Erick Dampier Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Erick Dampier Foundation Inc tax-deductible?
Erick Dampier Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200079217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Erick Dampier Foundation Inc's spending goes to programs?
Erick Dampier Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Erick Dampier Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Erick Dampier Foundation Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Erick Dampier Foundation Inc located?
Erick Dampier Foundation Inc is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 200079217. It is classified under NTEE code O50.
How many years of IRS 990 filings does Erick Dampier Foundation Inc have?
Erick Dampier Foundation Inc has 10 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 $28K in total revenue.
What are the specific programs the Erick Dampier Foundation Inc. supports?
The provided IRS 990 data does not detail specific programs. Further investigation into the organization's website or other public materials would be needed to understand their programmatic activities.
Why was there negative revenue in 2022?
The negative revenue of $-7,374 in 2022 could be due to various factors such as significant returns of contributions, investment losses, or accounting adjustments. The IRS 990 form would provide more detail on the specific line items contributing to this figure.
How does the organization manage to operate with such low expenses?
The consistently low expenses, particularly the $7,150 in 2023, suggest a highly efficient operation, likely relying heavily on volunteer efforts and minimal overhead costs, as evidenced by 0% officer compensation.
Filing History
IRS 990 filing history for Erick Dampier Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Erick Dampier Foundation Inc's revenue has grown by 1205%, moving from $6K to $79K. Total assets increased by 18.7% over the same period, from $173K to $205K. Total functional expenses rose by 364.3%, from $2K to $7K. In its most recent filing year (2023), Erick Dampier Foundation Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $1 in liabilities against $205K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $7K | $205K | $1 | — | — |
| 2022 | $-7,374 | $19K | $133K | $1 | — | — |
| 2021 | $4K | $17K | $160K | $1 | — | — |
| 2020 | $5K | $6K | $173K | $1 | — | View 990 |
| 2019 | $8K | $4K | $175K | $1 | — | View 990 |
| 2015 | $2K | $4K | $178K | $1 | — | View 990 |
| 2014 | $4K | $4K | $181K | $1 | — | View 990 |
| 2013 | $3K | $5K | $181K | $1 | — | View 990 |
| 2012 | $14K | $3K | $184K | $1 | — | View 990 |
| 2011 | $6K | $2K | $173K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $7K, and assets of $205K.
- 2022: Revenue of $-7,374, expenses of $19K, and assets of $133K (revenue -301.4% year-over-year).
- 2021: Revenue of $4K, expenses of $17K, and assets of $160K (revenue -26.1% year-over-year).
- 2020: Revenue of $5K, expenses of $6K, and assets of $173K (revenue -37.2% year-over-year).
- 2019: Revenue of $8K, expenses of $4K, and assets of $175K (revenue +378.3% year-over-year).
- 2015: Revenue of $2K, expenses of $4K, and assets of $178K (revenue -54.9% year-over-year).
- 2014: Revenue of $4K, expenses of $4K, and assets of $181K (revenue +39.9% year-over-year).
- 2013: Revenue of $3K, expenses of $5K, and assets of $181K (revenue -81.8% year-over-year).
- 2012: Revenue of $14K, expenses of $3K, and assets of $184K (revenue +136.4% year-over-year).
- 2011: Revenue of $6K, expenses of $2K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erick Dampier Foundation Inc:
Data Sources and Methodology
This transparency report for Erick Dampier 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.