Indo American Association Delaware
EIN: 510314472 · Hockessin, DE · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $28K |
| Net Assets | $122K |
Is Indo American Association Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Indo American Association Delaware
Indo American Association Delaware (EIN: 510314472) is a nonprofit organization based in Hockessin, DE, classified under NTEE code A230. The organization reported total revenue of $54K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indo American Association Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indo American Association Delaware is a micro nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $28K |
| Surplus / Deficit | $-4,407 |
| Total Assets | $122K |
| Net Assets | $122K |
| Operating Margin | -18.8% |
| Months of Reserves | 52.7 months |
Financial Health Grade: B
In 2023, Indo American Association Delaware reported a deficit of $4K with expenses exceeding revenue, holds 52.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Indo American Association Delaware's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.9% | +84.4% | -3.5% |
| 2022 | +20.6% | -20.1% | -1.3% |
| 2021 | -84.8% | -80.8% | -71.5% |
| 2019 | -2.3% | +3.6% | -5.4% |
| 2018 | -48.1% | +111.8% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Indo American Association Delaware has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Indo American Association Delaware with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Indo American Association Delaware
Is Indo American Association Delaware a legitimate charity?
Based on AI analysis of IRS 990 filings, Indo American Association Delaware (EIN: 510314472) insufficient data. 0 red flags identified, 0 strengths noted.
How does Indo American Association Delaware spend its money?
Detailed spending breakdown data is not yet available for Indo American Association Delaware. Check back for updated IRS 990 analysis.
Are donations to Indo American Association Delaware tax-deductible?
Indo American Association Delaware is registered as a tax-exempt nonprofit (EIN: 510314472). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Indo American Association Delaware located?
Indo American Association Delaware is headquartered in Hockessin, Delaware and files with the IRS under EIN 510314472. It is classified under NTEE code A230.
How many years of IRS 990 filings does Indo American Association Delaware have?
Indo American Association Delaware has 11 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 $54K in total revenue.
Filing History
IRS 990 filing history for Indo American Association Delaware showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Indo American Association Delaware's revenue has declined by 61.6%, moving from $61K to $24K. Total assets increased by 107.5% over the same period, from $59K to $122K. Total functional expenses fell by 41.1%, from $47K to $28K. In its most recent filing year (2023), Indo American Association Delaware reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $28K | $122K | $0 | — | View 990 |
| 2022 | $13K | $15K | $127K | $0 | — | View 990 |
| 2021 | $11K | $19K | $129K | $0 | — | — |
| 2019 | $73K | $99K | $451K | $300K | — | View 990 |
| 2018 | $75K | $95K | $477K | $300K | — | View 990 |
| 2017 | $145K | $45K | $497K | $300K | — | View 990 |
| 2016 | $107K | $101K | $97K | $0 | — | View 990 |
| 2015 | $83K | $65K | $91K | $0 | — | View 990 |
| 2014 | $76K | $73K | $74K | $0 | — | View 990 |
| 2013 | $86K | $74K | $70K | $0 | — | View 990 |
| 2012 | $61K | $47K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $28K, and assets of $122K (revenue +74.9% year-over-year).
- 2022: Revenue of $13K, expenses of $15K, and assets of $127K (revenue +20.6% year-over-year).
- 2021: Revenue of $11K, expenses of $19K, and assets of $129K (revenue -84.8% year-over-year).
- 2019: Revenue of $73K, expenses of $99K, and assets of $451K (revenue -2.3% year-over-year).
- 2018: Revenue of $75K, expenses of $95K, and assets of $477K (revenue -48.1% year-over-year).
- 2017: Revenue of $145K, expenses of $45K, and assets of $497K (revenue +34.8% year-over-year).
- 2016: Revenue of $107K, expenses of $101K, and assets of $97K (revenue +30.0% year-over-year).
- 2015: Revenue of $83K, expenses of $65K, and assets of $91K (revenue +8.7% year-over-year).
- 2014: Revenue of $76K, expenses of $73K, and assets of $74K (revenue -11.3% year-over-year).
- 2013: Revenue of $86K, expenses of $74K, and assets of $70K (revenue +39.9% year-over-year).
- 2012: Revenue of $61K, expenses of $47K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indo American Association Delaware:
Data Sources and Methodology
This transparency report for Indo American Association Delaware 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.