Daf Gives Charitable
Nonprofit profile at a glance
- EIN
- 934052953
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Eagan, MN, USA
- Phone
- 6124334799
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $113,712
- Expenses
- $83,814
- Assets
- $106,122
- Liabilities
- $5,458
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Alexander Huff (Executive Director)
Highest reported compensation
- Alexander Huff (Executive Director): $51,000 total reported compensation
- Stephen Snider (Secretary/Treasurer): $51,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
DAF Gives Charitable is a donor advised fund (sponsoring organization) supported by an online platform called DAFshare to raise funds for qualified public charities as defined by IRS 501(c)(3). Our mission is to accelerate charitable giving by elevating it into a rewarding and personal social experience. We seek to leverage humane technology with a user-friendly platform in order to connect donors, financial advisors and charities in self-sustaining online giving communities
What it reported doing in 2024
As a new and still small Donor Advised Fund, we do not have service programs pre se. We accept donations from the general public and various groups who have organized on our platform and allow unrestricted grants based on the advice of our members. In 2024 we issued 740 grants to 169 operational charities for a total of $75,709. The causes supported by those charities included humanitarian and social services, health and medical research, animal welfare, education and environmental protection, veterans support, as well as support for children and the elderly. Our platform is unique in that it enables donors to take responsibility for charitable fundraising by creating online communities to drive capacity at scale.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 57
- Sustainability: 55
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67%; rating input score 67
- Program expense ratio: 90.3%; rating input score 90
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 50%; rating input score 50; 16th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.3%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 67% of revenue deployed · 90.3% of spending went to programs
- Governance: 2 of 4 board members independent · 6 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $76K in reported program spending
- Leadership: top reported pay $51K · 4 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Independent voting board scored 50/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.