Dgn III INC FY2020 filing

Tax-deductible

Miami, FL501(c)(3)Since 2010HousingEIN 27-3293469

To provide elderly persons with housing facilities and services specially designed to meet their physical, social and psychological needs, and to promote their health, security, happiness and usefulness in longer living.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.4 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9.0M
100% of total assets
Concern: liabilities are 100% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$923K
Spent
$944K
To programs
88%
Net assets
−$18K
By yearFY2020–FY2024
Revenue
$923K
FY2020
Revenue by fiscal year
FY2020$923K
FY2021$968K
FY2022$976K
FY2023$984K
FY2024$1.1M
FY2024$1.1M
Expenses
$944K
FY2020
Expenses by fiscal year
FY2020$944K
FY2021$927K
FY2022$944K
FY2023$1.0M
FY2024$1.1M
FY2024$1.1M
Net assets
−$18K
FY2020
Net assets by fiscal year
FY2020−$18K
FY2021$24K
FY2022$56K
FY2023$18K
FY2024$29K
FY2024$38K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $828K Management & general 12% · $116K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President/CEO
$0Pt VII · Sec A
CFO (end 04/2020)
$0Pt VII · Sec A
Former CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Dgn III INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable housing for low-income seniors in a 75-unit apartment complex.

Provided by the organization

This section is blank until Dgn III INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $828K of program spending, described in the organization's own filed words · FY2019.
01

DGN iii, inc. Operates a 75-UNIT, multi-family apartment complex that provides subsidized housing and services to low-income elderly persons in pembroke pines, florida.

$828Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$923K
Ln 12
Gifts and grantsLn 1h$651K
Fees for servicesLn 2g$272K
Investment incomeLn 3$193
Money outPt IX
$944K
Ln 25
Programscol B$828K
Managementcol C$116K
Owns and owesPt X
−$18K
net assets · Ln 32
Cash and savingsLn 1–2$30K
Total assetsLn 16$8.9M
LiabilitiesLn 26$9.0M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$651K
Government grantsLn 1e$651K
Fees for servicesLn 2g$272K
Investment incomeLn 3$193
Total revenueLn 12$923K
Assets in detailPt X, end of year
CashLn 1$30K
Cash and savings togetherLn 1–2$30K
Land, buildings, equipmentLn 10c$8.4M
Other assetsLn 15$466K
Total assetsLn 16$8.9M
LiabilitiesLn 26$9.0M
Net assetsLn 32−$18K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$9K$30K
Land, buildings, equipmentLn 10c$8.7M$8.4M
Total assetsLn 16$9.2M$8.9M
LiabilitiesLn 26$9.2M$9.0M
Net assetsLn 32$4K−$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$55K$55K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$278K$238K$40K
Office expensesLn 13$19K$13K$5K
Information technologyLn 14$4K$3K$1K
OccupancyLn 16$249K$249K
TravelLn 17$3K$2K$753
Depreciation, depletion and amortizationLn 22$315K$315K
InsuranceLn 23$9K$6K$3K
Other expenses (24a–d)Ln 24$2K$2K$707
Total functional expensesLn 25$944K$828K$116K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.1M$1.1M$11K$29K 990 PDF
FY2023 $984K$1.0M−$38K$18K 990 PDF
FY2022 $976K$944K$32K$56K 990 PDF
FY2021 $968K$927K$41K$24K 990 PDF
FY2020 Viewing $923K$944K−$21K−$18K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $923,179 across 5 lines filed
VIII-1e Government grants$650,757
VIII-1h Total contributions, gifts and grants$650,757
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $272,229$272,229
VIII-3 Investment incomeExcluded from tax $193$193
VIII-12 Total revenueRelated to mission $272,229 · Unrelated business $0 · Excluded from tax $193$923,179
Part IX · Statement of functional expenses $944,327 across 10 lines filed
IX-11a Management feesManagement $55,042$55,042
IX-11c Accounting feesManagement $10,882$10,882
IX-11g Other fees for servicesPrograms $237,952 · Management $39,798$277,750
IX-13 Office expensesPrograms $13,419 · Management $5,452$18,871
IX-14 Information technologyPrograms $2,904 · Management $1,181$4,085
IX-16 OccupancyPrograms $249,257$249,257
IX-17 TravelPrograms $1,852 · Management $753$2,605
IX-22 Depreciation, depletion and amortizationPrograms $314,701$314,701
IX-23 InsurancePrograms $6,179 · Management $2,512$8,691
IX-24 Other expenses (24a–d)Programs $1,736 · Management $707$2,443
IX-25 Total functional expensesPrograms $828,000 · Management $116,327 · Fundraising $0$944,327
Part X · Balance sheet $8,935,219 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $9,242$29,617
X-4 Accounts receivableStart of year $205$0
X-9 Prepaid expenses and deferred chargesStart of year $34,332$35,166
X-10c Land, buildings and equipment, netStart of year $8,714,330$8,404,458
X-15 Other assetsStart of year $800$465,978
X-16 Total assetsStart of year $9,161,020$8,935,219
X-17 Accounts payable and accrued expensesStart of year $51,744$40,107
X-25 Other liabilitiesStart of year $9,105,725$8,891,893
X-26 Total liabilitiesStart of year $9,157,469$8,952,816
X-27 Net assets without donor restrictionsStart of year $3,551−$17,597
X-32 Total net assets or fund balancesStart of year $3,551−$17,597
X-33 Total liabilities and net assetsStart of year $9,161,020$8,935,219
Part XI · Reconciliation of net assets −$17,597 net assets at year end
XI-1 Total revenue$923,179
XI-2 Total expenses$944,327
XI-3 Revenue less expenses−$21,148
XI-4 Net assets at start of year$3,551
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$17,597

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.