Virginia Clay Dorman Foundation
EIN: 461626857 · Fort Worth, TX · NTEE: W99
Is Virginia Clay Dorman Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Clay Dorman Foundation
Virginia Clay Dorman Foundation (EIN: 461626857) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code W99. The organization reported total revenue of $4.3M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Clay Dorman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Clay Dorman Foundation is a mid-size nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-1,382,130 |
| Total Assets | $16.0M |
| Total Liabilities | $1 |
| Net Assets | $16.0M |
| Operating Margin | -285.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 103.0 months |
Financial Health Grade: B
In 2023, Virginia Clay Dorman Foundation reported a deficit of $1.4M with expenses exceeding revenue, holds 103.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Virginia Clay Dorman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.9% | +34.5% | -8.0% |
| 2022 | -20.8% | +14.0% | +2.7% |
| 2021 | +104.0% | +3.2% | +2.7% |
| 2020 | +126.9% | +8.7% | -1.5% |
| 2019 | -10.6% | +81.9% | +73.4% |
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 Analysis Pending
AI enrichment for Virginia Clay Dorman 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 Virginia Clay Dorman 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 $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Virginia Clay Dorman Foundation
Is Virginia Clay Dorman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Clay Dorman Foundation (EIN: 461626857) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia Clay Dorman Foundation spend its money?
Detailed spending breakdown data is not yet available for Virginia Clay Dorman Foundation. Check back for updated IRS 990 analysis.
Are donations to Virginia Clay Dorman Foundation tax-deductible?
Virginia Clay Dorman Foundation is registered as a tax-exempt nonprofit (EIN: 461626857). 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 Virginia Clay Dorman Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Virginia Clay Dorman Foundation's revenue has grown by 269.8%, moving from $131K to $485K. Total assets increased by 59.4% over the same period, from $10.1M to $16.0M. Total functional expenses rose by 2464.3%, from $73K to $1.9M. In its most recent filing year (2023), Virginia Clay Dorman Foundation reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $485K | $1.9M | $16.0M | $1 | — | View 990 |
| 2022 | $1.5M | $1.4M | $17.4M | $1 | — | View 990 |
| 2021 | $1.9M | $1.2M | $17.0M | $1 | — | View 990 |
| 2020 | $935K | $1.2M | $16.5M | $1 | — | View 990 |
| 2019 | $412K | $1.1M | $16.8M | $1 | — | View 990 |
| 2015 | $461K | $597K | $9.7M | $0 | — | View 990 |
| 2014 | $205K | $464K | $9.8M | $0 | — | View 990 |
| 2013 | $131K | $73K | $10.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485K, expenses of $1.9M, and assets of $16.0M (revenue -67.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $17.4M (revenue -20.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.2M, and assets of $17.0M (revenue +104.0% year-over-year).
- 2020: Revenue of $935K, expenses of $1.2M, and assets of $16.5M (revenue +126.9% year-over-year).
- 2019: Revenue of $412K, expenses of $1.1M, and assets of $16.8M (revenue -10.6% year-over-year).
- 2015: Revenue of $461K, expenses of $597K, and assets of $9.7M (revenue +125.1% year-over-year).
- 2014: Revenue of $205K, expenses of $464K, and assets of $9.8M (revenue +56.2% year-over-year).
- 2013: Revenue of $131K, expenses of $73K, and assets of $10.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Clay Dorman Foundation:
Data Sources and Methodology
This transparency report for Virginia Clay Dorman 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.