Bruce And Deborah Duncan Foundation
Bruce And Deborah Duncan Foundation maintains strong financial health with growing assets and no reported officer compensation.
EIN: 203871657 · Naples, FL · NTEE: T22 · Updated: 2026-03-28
Is Bruce And Deborah Duncan Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bruce And Deborah Duncan Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bruce And Deborah Duncan Foundation
Bruce And Deborah Duncan Foundation (EIN: 203871657) is a nonprofit organization based in Naples, FL, classified under NTEE code T22. The organization reported total revenue of $28.0M and total assets of $39.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bruce And Deborah Duncan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bruce And Deborah Duncan Foundation is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$7.6M |
| Total Assets | $30.0M |
| Total Liabilities | $1 |
| Net Assets | $30.0M |
| Operating Margin | 85.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 290.0 months |
Financial Health Grade: A
In 2023, Bruce And Deborah Duncan Foundation reported a surplus of $7.6M with revenue exceeding expenses, holds 290.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bruce And Deborah Duncan Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +423.4% | -7.5% | +35.4% |
| 2022 | -48.0% | +18.3% | -26.1% |
| 2021 | -29.1% | -0.1% | +18.0% |
| 2020 | -37.0% | +27.9% | +4.8% |
| 2019 | +537.1% | +59.5% | +93.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bruce And Deborah Duncan Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Bruce And Deborah Duncan Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or compensation is covered by other means not reported as officer compensation, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bruce And Deborah Duncan Foundation:
- Strong and consistent asset growth, from $6.6M in 2011 to $39M currently.
- Minimal liabilities, often reported as $1, indicating excellent financial stability.
- Consistent revenue generation exceeding expenses, leading to healthy surpluses.
- 0% reported officer compensation across all filings, indicating high operational efficiency.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Bruce And Deborah Duncan Foundation
Is Bruce And Deborah Duncan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bruce And Deborah Duncan Foundation (EIN: 203871657) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Bruce And Deborah Duncan Foundation spend its money?
Bruce And Deborah Duncan Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bruce And Deborah Duncan Foundation tax-deductible?
Bruce And Deborah Duncan Foundation is registered as a tax-exempt nonprofit (EIN: 203871657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Bruce And Deborah Duncan Foundation a good charity?
Based on the available IRS 990 data, the Bruce And Deborah Duncan Foundation appears to be a very good charity, particularly as a private foundation. It demonstrates strong financial health, consistent asset growth, minimal liabilities, and a highly efficient operational model with no reported officer compensation.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Its assets have grown from $6.6 million in 2011 to $39 million currently, while consistently maintaining low liabilities and generating substantial revenue surpluses.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting a highly lean approach where executive leadership is either unpaid or compensated through non-officer channels, maximizing funds for charitable purposes.
Filing History
IRS 990 filing history for Bruce And Deborah Duncan Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bruce And Deborah Duncan Foundation's revenue has grown by 618.9%, moving from $1.2M to $8.8M. Total assets increased by 353.5% over the same period, from $6.6M to $30.0M. Total functional expenses rose by 400.1%, from $248K to $1.2M. In its most recent filing year (2023), Bruce And Deborah Duncan Foundation reported a surplus of $7.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $30.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $30.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $1.2M | $30.0M | $1 | — | View 990 |
| 2022 | $1.7M | $1.3M | $22.2M | $1 | — | View 990 |
| 2021 | $3.2M | $1.1M | $30.0M | $1 | — | View 990 |
| 2020 | $4.6M | $1.1M | $25.4M | $330K | — | View 990 |
| 2019 | $7.3M | $888K | $24.2M | $1 | — | View 990 |
| 2015 | $1.1M | $557K | $12.5M | $1 | — | View 990 |
| 2014 | $2.6M | $515K | $11.9M | $1 | — | View 990 |
| 2013 | $529K | $338K | $9.4M | $1 | — | View 990 |
| 2012 | $853K | $234K | $7.9M | $1 | — | View 990 |
| 2011 | $1.2M | $248K | $6.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $1.2M, and assets of $30.0M (revenue +423.4% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.3M, and assets of $22.2M (revenue -48.0% year-over-year).
- 2021: Revenue of $3.2M, expenses of $1.1M, and assets of $30.0M (revenue -29.1% year-over-year).
- 2020: Revenue of $4.6M, expenses of $1.1M, and assets of $25.4M (revenue -37.0% year-over-year).
- 2019: Revenue of $7.3M, expenses of $888K, and assets of $24.2M (revenue +537.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $557K, and assets of $12.5M (revenue -56.1% year-over-year).
- 2014: Revenue of $2.6M, expenses of $515K, and assets of $11.9M (revenue +390.8% year-over-year).
- 2013: Revenue of $529K, expenses of $338K, and assets of $9.4M (revenue -38.0% year-over-year).
- 2012: Revenue of $853K, expenses of $234K, and assets of $7.9M (revenue -30.4% year-over-year).
- 2011: Revenue of $1.2M, expenses of $248K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bruce And Deborah Duncan Foundation:
Data Sources and Methodology
This transparency report for Bruce And Deborah Duncan Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.