Lack of detailed program spending breakdown in provided data, making it difficult to precisely assess program efficiency beyond overall financial health.
Strengths
Consistent asset growth, from $3,051,093 in 2011 to $10,586,946 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in executive overhead.
Low and often negligible liabilities, demonstrating strong financial stability.
Revenue consistently exceeds expenses, contributing to long-term sustainability.
Consistent IRS 990 filing history, indicating good transparency.
Spending Breakdown
How Duane & Kathleen Foulkes Foundationinc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Duane & Kathleen Foulkes Foundationinc
Is Duane & Kathleen Foulkes Foundationinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Duane & Kathleen Foulkes Foundationinc (EIN: 205592397) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Duane & Kathleen Foulkes Foundationinc a good charity to donate to?
Duane & Kathleen Foulkes Foundationinc has a Mission Score of 92/100. Revenue: $2.1M. Assets: $11.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Duane & Kathleen Foulkes Foundationinc?
The Employer Identification Number (EIN) for Duane & Kathleen Foulkes Foundationinc is 205592397. 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 Duane & Kathleen Foulkes Foundationinc spend its money?
Duane & Kathleen Foulkes Foundationinc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Duane & Kathleen Foulkes Foundationinc's tax-exempt status?
You can verify Duane & Kathleen Foulkes Foundationinc's tax-exempt status using EIN 205592397 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 Duane & Kathleen Foulkes Foundationinc demonstrates strong financial health, consistently growing its assets over the past decade from $3,051,093 in 2011 to $10,586,946 in 2023. The organization maintains a healthy revenue stream, with its latest reported revenue at $2,147,654 and a significant portion of its income consistently exceeding expenses, contributing to asset growth. For instance, in 2022, revenue was $1,465,291 against expenses of $572,064, indicating efficient management of resources.
The foundation's spending efficiency appears robust, as evidenced by its consistent accumulation of assets and relatively low liabilities. The absence of reported officer compensation across all available filings suggests that administrative costs related to executive salaries are minimal or non-existent, which is a positive indicator for donor confidence. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the overall financial trajectory points to a well-managed entity.
In terms of transparency, the organization consistently files its IRS 990 forms, providing a clear history of its financial activities. The consistent reporting of zero officer compensation is a strong point for transparency and demonstrates a commitment to directing resources towards its mission rather than executive salaries. The low and often negligible liabilities further underscore a stable and responsible financial operation.