Thiessen Dedicated Foundation
EIN: 824664712 · Wilmington, DE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $158K |
| Net Assets | $1.1M |
Is Thiessen Dedicated Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thiessen Dedicated Foundation
Thiessen Dedicated Foundation (EIN: 824664712) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $148K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thiessen Dedicated Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thiessen Dedicated Foundation is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -70.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $158K |
| Surplus / Deficit | $-146,616 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -1308.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 83.2 months |
Financial Health Grade: B
In 2023, Thiessen Dedicated Foundation reported a deficit of $147K with expenses exceeding revenue, holds 83.2 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 (2019–2023), Thiessen Dedicated Foundation's revenue has declined at a compound annual growth rate (CAGR) of -70.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.5% | -71.6% | -11.8% |
| 2022 | -99.8% | -86.7% | -30.8% |
| 2021 | +5.2% | +173.2% | -28.0% |
| 2020 | +119.4% | +13.9% | +250.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thiessen Dedicated Foundation 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 Thiessen Dedicated Foundation 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 $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Thiessen Dedicated Foundation
Is Thiessen Dedicated Foundation a legitimate charity?
Thiessen Dedicated Foundation (EIN: 824664712) is a registered tax-exempt nonprofit based in Delaware. It has 5 years of IRS 990 filings on record. Total revenue: $148K. No red flags identified. Financial health grade: B.
How does Thiessen Dedicated Foundation spend its money?
Thiessen Dedicated Foundation reported $148K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thiessen Dedicated Foundation tax-deductible?
Thiessen Dedicated Foundation is registered as a tax-exempt nonprofit (EIN: 824664712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thiessen Dedicated Foundation located?
Thiessen Dedicated Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 824664712. It is classified under NTEE code T20.
How many years of IRS 990 filings does Thiessen Dedicated Foundation have?
Thiessen Dedicated Foundation has 5 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 $148K in total revenue.
Filing History
IRS 990 filing history for Thiessen Dedicated Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Thiessen Dedicated Foundation's revenue has declined by 99.3%, moving from $1.5M to $11K. Total assets increased by 54.1% over the same period, from $710K to $1.1M. Total functional expenses fell by 88.2%, from $1.3M to $158K. In its most recent filing year (2023), Thiessen Dedicated Foundation reported a deficit of $147K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $158K | $1.1M | $1 | — | — |
| 2022 | $6K | $557K | $1.2M | $1 | — | — |
| 2021 | $3.5M | $4.2M | $1.8M | $1 | — | View 990 |
| 2020 | $3.3M | $1.5M | $2.5M | $1 | — | — |
| 2019 | $1.5M | $1.3M | $710K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $158K, and assets of $1.1M (revenue +101.5% year-over-year).
- 2022: Revenue of $6K, expenses of $557K, and assets of $1.2M (revenue -99.8% year-over-year).
- 2021: Revenue of $3.5M, expenses of $4.2M, and assets of $1.8M (revenue +5.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $1.5M, and assets of $2.5M (revenue +119.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.3M, and assets of $710K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thiessen Dedicated Foundation:
Data Sources and Methodology
This transparency report for Thiessen Dedicated Foundation 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.