Dafpay Network Inc is a 501(c)(3) organization based in Boone, Iowa, registered in 2023, with $1,203,370 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.2M
Philanthropy median: $168K
Expenses (FY2024)
$856K
Net assets
$348K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Dafpay Network Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dafpay Network Inc: 5 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Dafpay Network Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dafpay Network Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Financial snapshot
Operating margin
28.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$354K
Total liabilities
$6,000
Net assets
$348K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,203,370 | $855,749 | $348,147 | $354,147 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Dafpay Network Inc totaling $413K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Daffy Charitable Fund | General support of mission | 2024 | $25,037 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $7,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $253,002 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $57,467 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $46,103 |
| The Ojc Fund | General support | 2023 | $19,362 |
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Data for Dafpay Network Inc (EIN 93-1372175) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.