The David Construction Inc Davis Bacon Employee Benefit Trust
Small employee benefit trust shows fluctuating revenue and expenses, with declining assets over time.
EIN: 200335590 · Louisville, KY · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $18K |
| Program Spending | 100% |
| Net Assets | $25K |
| Transparency Score | 70/100 |
Is The David Construction Inc Davis Bacon Employee Benefit Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The David Construction Inc Davis Bacon Employee Benefit Trust directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The David Construction Inc Davis Bacon Employee Benefit Trust
The David Construction Inc Davis Bacon Employee Benefit Trust (EIN: 200335590) is a nonprofit organization based in Louisville, KY, classified under NTEE code Y43. The organization reported total revenue of $28K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The David Construction Inc Davis Bacon Employee Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The David Construction Inc Davis Bacon Employee Benefit Trust is a micro nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2008–2016). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $18K |
| Surplus / Deficit | +$10K |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 36.0% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2016, The David Construction Inc Davis Bacon Employee Benefit Trust reported a surplus of $10K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2008–2016), The David Construction Inc Davis Bacon Employee Benefit Trust's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +25.6% | -46.2% | +65.9% |
| 2015 | -32.1% | -46.0% | -41.8% |
| 2014 | -31.6% | -28.6% | -52.3% |
| 2013 | +320.6% | -4.7% | -41.0% |
| 2012 | -77.5% | +223055.0% | -45.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 The David Construction Inc Davis Bacon Employee Benefit Trust with a Mission Score of 70 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The David Construction Inc Davis Bacon Employee Benefit Trust allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executives are paid, which is highly efficient for an organization of its 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.
Red Flags
The following concerns were identified during AI analysis of The David Construction Inc Davis Bacon Employee Benefit Trust's IRS 990 filings:
- Significant decline in assets over the past several years, from $169,996 in 2011 to $25,002 in 2016.
- Inconsistent financial performance with several years showing expenses significantly exceeding revenue (e.g., 2014, 2013, 2012).
Strengths
The following positive indicators were identified for The David Construction Inc Davis Bacon Employee Benefit Trust:
- Zero officer compensation reported across all filings, indicating highly efficient use of funds for administrative overhead.
- Consistently reports $0 liabilities, demonstrating strong financial solvency and no accumulated debt.
- Latest filing (2016) shows a surplus with revenue ($27,591) exceeding expenses ($17,661).
Frequently Asked Questions about The David Construction Inc Davis Bacon Employee Benefit Trust
Is The David Construction Inc Davis Bacon Employee Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, The David Construction Inc Davis Bacon Employee Benefit Trust (EIN: 200335590) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does The David Construction Inc Davis Bacon Employee Benefit Trust spend its money?
The David Construction Inc Davis Bacon Employee Benefit Trust directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The David Construction Inc Davis Bacon Employee Benefit Trust tax-deductible?
The David Construction Inc Davis Bacon Employee Benefit Trust is registered as a tax-exempt nonprofit (EIN: 200335590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The David Construction Inc Davis Bacon Employee Benefit Trust compare to similar nonprofits?
With a transparency score of 70/100 (Good), The David Construction Inc Davis Bacon Employee Benefit Trust is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The David Construction Inc Davis Bacon Employee Benefit Trust located?
The David Construction Inc Davis Bacon Employee Benefit Trust is headquartered in Louisville, Kentucky and files with the IRS under EIN 200335590. It is classified under NTEE code Y43.
How many years of IRS 990 filings does The David Construction Inc Davis Bacon Employee Benefit Trust have?
The David Construction Inc Davis Bacon Employee Benefit Trust has 9 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 is the primary source of revenue for The David Construction Inc Davis Bacon Employee Benefit Trust?
Based on its NTEE code (Y43 - Employee or Volunteer Welfare Organizations) and the nature of a 'Davis Bacon Employee Benefit Trust', its primary revenue likely comes from employer contributions for employee benefits.
Why have the organization's assets decreased significantly from $169,996 in 2011 to $25,002 in 2016?
The decline in assets suggests that the trust has been distributing more in benefits or expenses than it has been receiving in contributions over this period, or that the number of beneficiaries has decreased, leading to a reduction in the trust's corpus.
Given the fluctuating revenue and expenses, is the organization financially stable?
While there are periods of significant deficits (e.g., 2014 expenses of $60,722 vs. revenue of $32,365), the consistent reporting of $0 liabilities indicates that the organization is not accumulating debt. Its ability to cover expenses in some years and its current asset level suggest it maintains solvency, though its long-term financial stability depends on consistent contributions.
Filing History
IRS 990 filing history for The David Construction Inc Davis Bacon Employee Benefit Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2008–2016), The David Construction Inc Davis Bacon Employee Benefit Trust's revenue has declined by 52.9%, moving from $59K to $28K. Total assets decreased by 77.6% over the same period, from $112K to $25K. Total functional expenses rose by 4315.3%, from $400 to $18K. In its most recent filing year (2016), The David Construction Inc Davis Bacon Employee Benefit Trust reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $28K | $18K | $25K | $0 | — | — |
| 2015 | $22K | $33K | $15K | $0 | — | — |
| 2014 | $32K | $61K | $26K | $0 | — | — |
| 2013 | $47K | $85K | $54K | $0 | — | — |
| 2012 | $11K | $89K | $92K | $0 | — | View 990 |
| 2011 | $50K | $40 | $170K | $0 | — | View 990 |
| 2010 | $41K | $43K | $120K | $0 | — | View 990 |
| 2009 | $53K | $42K | $122K | $0 | — | View 990 |
| 2008 | $59K | $400 | $112K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $28K, expenses of $18K, and assets of $25K (revenue +25.6% year-over-year).
- 2015: Revenue of $22K, expenses of $33K, and assets of $15K (revenue -32.1% year-over-year).
- 2014: Revenue of $32K, expenses of $61K, and assets of $26K (revenue -31.6% year-over-year).
- 2013: Revenue of $47K, expenses of $85K, and assets of $54K (revenue +320.6% year-over-year).
- 2012: Revenue of $11K, expenses of $89K, and assets of $92K (revenue -77.5% year-over-year).
- 2011: Revenue of $50K, expenses of $40, and assets of $170K (revenue +22.4% year-over-year).
- 2010: Revenue of $41K, expenses of $43K, and assets of $120K (revenue -22.8% year-over-year).
- 2009: Revenue of $53K, expenses of $42K, and assets of $122K (revenue -9.7% year-over-year).
- 2008: Revenue of $59K, expenses of $400, and assets of $112K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The David Construction Inc Davis Bacon Employee Benefit Trust:
Data Sources and Methodology
This transparency report for The David Construction Inc Davis Bacon Employee Benefit Trust 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.