Daugette Family Foundation
Daugette Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 204391204 · Gadsden, AL · NTEE: T20 · Updated: 2026-03-28
Is Daugette Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daugette Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daugette Family Foundation
Daugette Family Foundation (EIN: 204391204) is a nonprofit organization based in Gadsden, AL, classified under NTEE code T20. The organization reported total revenue of $490K and total assets of $1000K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daugette Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daugette Family Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $119K |
| Surplus / Deficit | +$23K |
| Total Assets | $914K |
| Total Liabilities | $1 |
| Net Assets | $914K |
| Operating Margin | 16.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 91.8 months |
Financial Health Grade: A
In 2023, Daugette Family Foundation reported a surplus of $23K with revenue exceeding expenses, holds 91.8 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), Daugette Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.1% | +9.7% | +2.6% |
| 2022 | +55.5% | +41.0% | -0.9% |
| 2021 | -31.3% | -9.2% | -1.4% |
| 2020 | +59.1% | +42.8% | +1.0% |
| 2019 | +394.9% | -13.9% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Daugette Family Foundation with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Daugette Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for a foundation 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.
Red Flags
The following concerns were identified during AI analysis of Daugette Family Foundation's IRS 990 filings:
- Specific program spending details are not provided in the summary data, making it difficult to assess the direct impact of funds.
Strengths
The following positive indicators were identified for Daugette Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Stable asset base, consistently around $900,000 to $1,000,000 over a decade.
- Minimal liabilities ($1 across all filings), demonstrating strong financial health and low debt.
- Positive net income in the latest reported period (202312: Revenue $142,651 vs. Expenses $119,491).
Frequently Asked Questions about Daugette Family Foundation
Is Daugette Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Daugette Family Foundation (EIN: 204391204) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Daugette Family Foundation spend its money?
Daugette Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Daugette Family Foundation tax-deductible?
Daugette Family Foundation is registered as a tax-exempt nonprofit (EIN: 204391204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Daugette Family Foundation financially stable?
Yes, the foundation appears financially stable. Its assets have consistently been near $1 million, and liabilities are minimal ($1), indicating a strong balance sheet. Revenue and expenses are managed, with the latest period showing a surplus.
Does the foundation spend efficiently?
Based on the provided data, the foundation demonstrates high spending efficiency, particularly due to the consistent reporting of 0% officer compensation across all filings. This suggests that a very high proportion of its expenses are directed towards its charitable purpose rather than administrative salaries.
What is the trend in the foundation's assets?
The foundation's assets have shown a slight decline from a peak of over $1 million in 2011-2014 to around $900,000 in recent years, but they remain substantial and stable, indicating prudent management rather than significant erosion.
Filing History
IRS 990 filing history for Daugette Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Daugette Family Foundation's revenue has grown by 221%, moving from $44K to $143K. Total assets decreased by 13.2% over the same period, from $1.1M to $914K. Total functional expenses rose by 148.4%, from $48K to $119K. In its most recent filing year (2023), Daugette Family Foundation reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1 in liabilities against $914K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $914K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $143K | $119K | $914K | $1 | — | — |
| 2022 | $100K | $109K | $891K | $1 | — | View 990 |
| 2021 | $65K | $77K | $900K | $1 | — | View 990 |
| 2020 | $94K | $85K | $912K | $1 | — | View 990 |
| 2019 | $59K | $60K | $903K | $1 | — | View 990 |
| 2015 | $12K | $69K | $962K | $1 | — | View 990 |
| 2014 | $31K | $56K | $1.0M | $1 | — | View 990 |
| 2013 | $44K | $44K | $1.0M | $1 | — | View 990 |
| 2012 | $44K | $53K | $1.0M | $1 | — | View 990 |
| 2011 | $44K | $48K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $143K, expenses of $119K, and assets of $914K (revenue +42.1% year-over-year).
- 2022: Revenue of $100K, expenses of $109K, and assets of $891K (revenue +55.5% year-over-year).
- 2021: Revenue of $65K, expenses of $77K, and assets of $900K (revenue -31.3% year-over-year).
- 2020: Revenue of $94K, expenses of $85K, and assets of $912K (revenue +59.1% year-over-year).
- 2019: Revenue of $59K, expenses of $60K, and assets of $903K (revenue +394.9% year-over-year).
- 2015: Revenue of $12K, expenses of $69K, and assets of $962K (revenue -61.6% year-over-year).
- 2014: Revenue of $31K, expenses of $56K, and assets of $1.0M (revenue -29.9% year-over-year).
- 2013: Revenue of $44K, expenses of $44K, and assets of $1.0M (revenue -0.1% year-over-year).
- 2012: Revenue of $44K, expenses of $53K, and assets of $1.0M (revenue -0.2% year-over-year).
- 2011: Revenue of $44K, expenses of $48K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daugette Family Foundation:
Data Sources and Methodology
This transparency report for Daugette Family 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.