Significant and continuous decline in assets over time (from $196,871 in 2011 to $23,490 in 2023)
Low current assets relative to historical levels, raising sustainability concerns
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership
Minimal liabilities ($1 consistently reported), suggesting no significant debt burden
Consistent filing of IRS 990 forms, demonstrating transparency in reporting
Spending Breakdown
How Douglas And Elizabeth Durand Family Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Douglas And Elizabeth Durand Family Foundation Inc
Is Douglas And Elizabeth Durand Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Douglas And Elizabeth Durand Family Foundation Inc (EIN: 202031263) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Douglas And Elizabeth Durand Family Foundation Inc a good charity to donate to?
Douglas And Elizabeth Durand Family Foundation Inc has a Mission Score of 60/100. Revenue: $72K. Assets: $48K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Douglas And Elizabeth Durand Family Foundation Inc?
The Employer Identification Number (EIN) for Douglas And Elizabeth Durand Family Foundation Inc is 202031263. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Douglas And Elizabeth Durand Family Foundation Inc spend its money?
Douglas And Elizabeth Durand Family Foundation Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Douglas And Elizabeth Durand Family Foundation Inc's tax-exempt status?
You can verify Douglas And Elizabeth Durand Family Foundation Inc's tax-exempt status using EIN 202031263 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Douglas And Elizabeth Durand Family Foundation Inc appears to be a small private foundation with a consistent history of operating at a deficit, spending more than it brings in through revenue. For example, in 2023, the organization reported revenue of $1,402 against expenses of $13,320, and in 2022, revenue was $2,918 with expenses of $11,531. This trend has led to a significant decline in assets over the years, from $196,871 in 2011 to $23,490 in 2023. The foundation consistently reports minimal liabilities ($1), indicating a lack of external debt, which is a positive sign for financial stability in that regard. However, the continuous draw-down on assets to cover expenses is a concern for long-term sustainability.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, given the nature of a family foundation and the absence of officer compensation, it's plausible that administrative overhead is kept low. The consistent reporting of zero officer compensation across all filings suggests a high degree of transparency regarding executive pay, as there is none to report. The organization's small scale and consistent asset depletion suggest it may be winding down or operating on a limited, pre-existing endowment rather than actively fundraising or generating substantial new revenue.