The Davis Foundation Inc
EIN: 61187647 · Greens Farms, CT
Is The Davis 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 The Davis Foundation Inc
The Davis Foundation Inc (EIN: 61187647) is a nonprofit organization based in Greens Farms, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Davis Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Davis Foundation Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $84K |
| Surplus / Deficit | $-31,425 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -60.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 179.9 months |
Financial Health Grade: B
In 2015, The Davis Foundation Inc reported a deficit of $31K with expenses exceeding revenue, holds 179.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Davis Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -64.5% | -46.4% | -2.4% |
| 2013 | -820.7% | -17.7% | -10.5% |
| 2012 | -84.9% | +16.2% | -6.1% |
AI Analysis Pending
AI enrichment for The Davis 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 The Davis 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Davis Foundation Inc
Is The Davis Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Davis Foundation Inc (EIN: 61187647) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Davis Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for The Davis Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to The Davis Foundation Inc tax-deductible?
The Davis Foundation Inc is registered as a tax-exempt nonprofit (EIN: 61187647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Davis Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Davis Foundation Inc's revenue has declined by 15.1%, moving from $62K to $52K. Total assets decreased by 18.5% over the same period, from $1.5M to $1.3M. Total functional expenses fell by 5.2%, from $88K to $84K. In its most recent filing year (2015), The Davis Foundation Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $52K | $84K | $1.3M | $1 | — | View 990 |
| 2014 | $147K | $156K | $1.3M | $1 | — | View 990 |
| 2013 | $-67,031 | $85K | $1.3M | $1 | — | View 990 |
| 2012 | $9K | $103K | $1.4M | $1 | — | View 990 |
| 2011 | $62K | $88K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $52K, expenses of $84K, and assets of $1.3M (revenue -64.5% year-over-year).
- 2014: Revenue of $147K, expenses of $156K, and assets of $1.3M.
- 2013: Revenue of $-67,031, expenses of $85K, and assets of $1.3M (revenue -820.7% year-over-year).
- 2012: Revenue of $9K, expenses of $103K, and assets of $1.4M (revenue -84.9% year-over-year).
- 2011: Revenue of $62K, expenses of $88K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for The Davis 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.