The Dennelisse Corp
The Dennelisse Corp faces persistent operating deficits and increasing liabilities.
EIN: 133224954 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $5.6M |
| Program Spending | 75% |
| Net Assets | $-176,529 |
| Transparency Score | 55/100 |
Is The Dennelisse Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Dennelisse Corp directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Dennelisse Corp
The Dennelisse Corp (EIN: 133224954) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $5.5M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Dennelisse Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Dennelisse Corp is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-1,372,005 |
| Total Assets | $2.5M |
| Total Liabilities | $2.6M |
| Net Assets | $-176,529 |
| Operating Margin | -32.2% |
| Debt-to-Asset Ratio | 107.2% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2023, The Dennelisse Corp reported a deficit of $1.4M with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 107.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Dennelisse Corp's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | -0.9% | +2.5% |
| 2022 | -27.8% | -9.9% | -59.0% |
| 2021 | +17.2% | +10.7% | +29.3% |
| 2020 | -6.6% | -7.8% | +178.7% |
| 2019 | +-0.0% | +2.3% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Dennelisse Corp with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Dennelisse Corp allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either a volunteer-led organization or that executive salaries are categorized differently, which enhances transparency regarding direct leadership costs.
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 Dennelisse Corp's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) over multiple years, e.g., $5.6M expenses vs. $4.2M revenue in 2023.
- Liabilities frequently exceed assets, indicating a potentially precarious financial position, such as $2,628,723 in liabilities against $2,452,194 in assets in 2023.
- Significant decrease in assets from $5,839,833 in 2021 to $2,452,194 in 2023.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary data, hindering full spending efficiency analysis.
Strengths
The following positive indicators were identified for The Dennelisse Corp:
- Long filing history (13 filings), indicating sustained operation.
- Consistently reported 0% officer compensation, suggesting low executive overhead or volunteer leadership.
Frequently Asked Questions about The Dennelisse Corp
Is The Dennelisse Corp a legitimate charity?
The Dennelisse Corp (EIN: 133224954) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.5M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does The Dennelisse Corp spend its money?
The Dennelisse Corp directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Dennelisse Corp tax-deductible?
The Dennelisse Corp is registered as a tax-exempt nonprofit (EIN: 133224954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Dennelisse Corp's spending goes to programs?
The Dennelisse Corp directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Dennelisse Corp located?
The Dennelisse Corp is headquartered in Bronx, New York and files with the IRS under EIN 133224954.
How many years of IRS 990 filings does The Dennelisse Corp have?
The Dennelisse Corp has 13 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 $5.5M in total revenue.
Is The Dennelisse Corp financially sustainable given its consistent operating deficits?
The Dennelisse Corp has consistently reported expenses exceeding revenue for several years (e.g., $5,631,553 expenses vs. $4,259,548 revenue in 2023), raising concerns about its long-term financial sustainability without a clear strategy to reverse this trend.
What is the reason for the significant fluctuation in assets and liabilities?
Assets decreased from $5,839,833 in 2021 to $2,452,194 in 2023, while liabilities have also fluctuated, sometimes exceeding assets (e.g., $2,628,723 liabilities vs. $2,452,194 assets in 2023). The specific reasons for these fluctuations are not detailed in the provided summary data.
How does the organization cover its operating deficits?
With expenses consistently higher than revenue, the organization likely covers its operating deficits by drawing down on existing assets or incurring additional liabilities, as evidenced by the fluctuating asset and liability figures.
What are the specific program activities and their associated costs?
The provided data does not include a detailed breakdown of program activities or their specific costs, making it difficult to assess the impact and efficiency of the organization's programs.
Is the 0% officer compensation truly reflective of no executive salaries?
While the filings consistently show 0% officer compensation, it's possible that executive salaries are reported under other expense categories, or the organization is indeed run by unpaid volunteers. Further detail from the full 990 form would clarify this.
Filing History
IRS 990 filing history for The Dennelisse Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Dennelisse Corp's revenue has declined by 8.3%, moving from $4.6M to $4.3M. Total assets increased by 58% over the same period, from $1.6M to $2.5M. Total functional expenses rose by 23.7%, from $4.6M to $5.6M. In its most recent filing year (2023), The Dennelisse Corp reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $2.5M in assets (debt-to-asset ratio: 107.2%), resulting in net assets of $-176,529.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $5.6M | $2.5M | $2.6M | — | — |
| 2022 | $3.9M | $5.7M | $2.4M | $1.9M | — | View 990 |
| 2021 | $5.4M | $6.3M | $5.8M | $8.6M | — | View 990 |
| 2020 | $4.6M | $5.7M | $4.5M | $8.2M | — | View 990 |
| 2019 | $5.0M | $6.2M | $1.6M | $3.8M | — | View 990 |
| 2018 | $5.0M | $6.0M | $1.5M | $2.4M | — | — |
| 2017 | $5.0M | $5.3M | $1.5M | $1.3M | — | View 990 |
| 2016 | $4.9M | $4.5M | $1.8M | $819K | — | View 990 |
| 2015 | $4.2M | $4.0M | $1.8M | $747K | — | View 990 |
| 2014 | $3.8M | $3.5M | $1.5M | $585K | — | View 990 |
| 2013 | $3.7M | $3.3M | $1.7M | $1.1M | — | View 990 |
| 2012 | $4.0M | $3.8M | $1.8M | $1.2M | — | View 990 |
| 2011 | $4.6M | $4.6M | $1.6M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $5.6M, and assets of $2.5M (revenue +8.8% year-over-year).
- 2022: Revenue of $3.9M, expenses of $5.7M, and assets of $2.4M (revenue -27.8% year-over-year).
- 2021: Revenue of $5.4M, expenses of $6.3M, and assets of $5.8M (revenue +17.2% year-over-year).
- 2020: Revenue of $4.6M, expenses of $5.7M, and assets of $4.5M (revenue -6.6% year-over-year).
- 2019: Revenue of $5.0M, expenses of $6.2M, and assets of $1.6M (revenue +-0.0% year-over-year).
- 2018: Revenue of $5.0M, expenses of $6.0M, and assets of $1.5M (revenue -1.1% year-over-year).
- 2017: Revenue of $5.0M, expenses of $5.3M, and assets of $1.5M (revenue +2.4% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.5M, and assets of $1.8M (revenue +17.8% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.0M, and assets of $1.8M (revenue +10.1% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.5M, and assets of $1.5M (revenue +2.1% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.3M, and assets of $1.7M (revenue -6.6% year-over-year).
- 2012: Revenue of $4.0M, expenses of $3.8M, and assets of $1.8M (revenue -14.7% year-over-year).
- 2011: Revenue of $4.6M, expenses of $4.6M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Dennelisse Corp:
Data Sources and Methodology
This transparency report for The Dennelisse Corp 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.