Michael Vincent Sage Dragonheart Foundation Inc
EIN: 454745877 · Wallingford, CT · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $32K |
| Net Assets | $19K |
Is Michael Vincent Sage Dragonheart Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michael Vincent Sage Dragonheart Foundation Inc
Michael Vincent Sage Dragonheart Foundation Inc (EIN: 454745877) is a nonprofit organization based in Wallingford, CT, classified under NTEE code T90. The organization reported total revenue of $31K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michael Vincent Sage Dragonheart Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michael Vincent Sage Dragonheart Foundation Inc is a micro nonprofit that has been operating for 14 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $32K |
| Surplus / Deficit | $-16,924 |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | -111.8% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Michael Vincent Sage Dragonheart Foundation Inc reported a deficit of $17K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Michael Vincent Sage Dragonheart Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.5% | +122.7% | -46.6% |
| 2022 | +12.1% | +42.8% | +7.4% |
| 2021 | -32.9% | -58.7% | +64.9% |
| 2019 | -42.3% | -28.4% | -8.6% |
| 2018 | +19.3% | -35.4% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michael Vincent Sage Dragonheart Foundation Inc 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 Michael Vincent Sage Dragonheart Foundation Inc 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 $17K, with expenses exceeding revenue.
Frequently Asked Questions about Michael Vincent Sage Dragonheart Foundation Inc
Is Michael Vincent Sage Dragonheart Foundation Inc a legitimate charity?
Michael Vincent Sage Dragonheart Foundation Inc (EIN: 454745877) is a registered tax-exempt nonprofit based in Connecticut. It has 11 years of IRS 990 filings on record. Total revenue: $31K. No red flags identified. Financial health grade: B.
How does Michael Vincent Sage Dragonheart Foundation Inc spend its money?
Michael Vincent Sage Dragonheart Foundation Inc reported $31K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michael Vincent Sage Dragonheart Foundation Inc tax-deductible?
Michael Vincent Sage Dragonheart Foundation Inc is registered as a tax-exempt nonprofit (EIN: 454745877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michael Vincent Sage Dragonheart Foundation Inc located?
Michael Vincent Sage Dragonheart Foundation Inc is headquartered in Wallingford, Connecticut and files with the IRS under EIN 454745877. It is classified under NTEE code T90.
How many years of IRS 990 filings does Michael Vincent Sage Dragonheart Foundation Inc have?
Michael Vincent Sage Dragonheart Foundation Inc 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 $31K in total revenue.
Filing History
IRS 990 filing history for Michael Vincent Sage Dragonheart Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Michael Vincent Sage Dragonheart Foundation Inc's revenue has grown by 29.5%, moving from $12K to $15K. Total assets increased by 268.4% over the same period, from $5K to $19K. Total functional expenses rose by 398.4%, from $6K to $32K. In its most recent filing year (2023), Michael Vincent Sage Dragonheart Foundation Inc reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $32K | $19K | $0 | — | View 990 |
| 2022 | $17K | $14K | $36K | $0 | — | View 990 |
| 2021 | $15K | $10K | $34K | $0 | — | — |
| 2019 | $22K | $24K | $20K | $0 | — | View 990 |
| 2018 | $39K | $34K | $22K | $0 | — | View 990 |
| 2017 | $33K | $53K | $17K | $0 | — | View 990 |
| 2016 | $34K | $38K | $38K | $0 | — | View 990 |
| 2015 | $45K | $28K | $41K | $0 | — | View 990 |
| 2014 | $24K | $15K | $25K | $0 | — | View 990 |
| 2013 | $28K | $17K | $16K | $0 | — | View 990 |
| 2012 | $12K | $6K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $32K, and assets of $19K (revenue -10.5% year-over-year).
- 2022: Revenue of $17K, expenses of $14K, and assets of $36K (revenue +12.1% year-over-year).
- 2021: Revenue of $15K, expenses of $10K, and assets of $34K (revenue -32.9% year-over-year).
- 2019: Revenue of $22K, expenses of $24K, and assets of $20K (revenue -42.3% year-over-year).
- 2018: Revenue of $39K, expenses of $34K, and assets of $22K (revenue +19.3% year-over-year).
- 2017: Revenue of $33K, expenses of $53K, and assets of $17K (revenue -3.7% year-over-year).
- 2016: Revenue of $34K, expenses of $38K, and assets of $38K (revenue -24.1% year-over-year).
- 2015: Revenue of $45K, expenses of $28K, and assets of $41K (revenue +88.0% year-over-year).
- 2014: Revenue of $24K, expenses of $15K, and assets of $25K (revenue -14.4% year-over-year).
- 2013: Revenue of $28K, expenses of $17K, and assets of $16K (revenue +137.7% year-over-year).
- 2012: Revenue of $12K, expenses of $6K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michael Vincent Sage Dragonheart Foundation Inc:
Data Sources and Methodology
This transparency report for Michael Vincent Sage Dragonheart 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.