Davidson Bruce Charitable Irrv Tr
Davidson Bruce Charitable Irrv Tr maintains over $20 million in assets with no officer compensation.
EIN: 206565366 · Nashville, TN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.3M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $21.5M |
| Transparency Score | 85/100 |
Is Davidson Bruce Charitable Irrv Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Davidson Bruce Charitable Irrv Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Davidson Bruce Charitable Irrv Tr
Davidson Bruce Charitable Irrv Tr (EIN: 206565366) is a nonprofit organization based in Nashville, TN, classified under NTEE code T22. The organization reported total revenue of $9.3M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Davidson Bruce Charitable Irrv Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Davidson Bruce Charitable Irrv Tr is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 35.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$901K |
| Total Assets | $21.5M |
| Total Liabilities | $1 |
| Net Assets | $21.5M |
| Operating Margin | 36.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.2 months |
Financial Health Grade: A
In 2023, Davidson Bruce Charitable Irrv Tr reported a surplus of $901K with revenue exceeding expenses, holds 164.2 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), Davidson Bruce Charitable Irrv Tr's revenue has grown at a compound annual growth rate (CAGR) of 35.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +265.7% | -6.4% | +5.0% |
| 2022 | -61.4% | +8.7% | -5.7% |
| 2021 | +106.9% | +3.2% | +3.3% |
| 2020 | -41.2% | -3.2% | -3.3% |
| 2019 | -70.0% | +137.4% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Davidson Bruce Charitable Irrv Tr with a Mission Score of 85 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, Davidson Bruce Charitable Irrv Tr 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 $901K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for donor perception and resource allocation.
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 Davidson Bruce Charitable Irrv Tr:
- Strong asset base, consistently over $20 million in recent years.
- Zero officer compensation reported, indicating efficient use of funds at the executive level.
- Minimal liabilities ($1 or $0 reported), demonstrating excellent financial health.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- NTEE code T22 suggests a clear focus on grantmaking, aligning with a foundation's mission.
Frequently Asked Questions about Davidson Bruce Charitable Irrv Tr
Is Davidson Bruce Charitable Irrv Tr a legitimate charity?
Davidson Bruce Charitable Irrv Tr (EIN: 206565366) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $9.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Davidson Bruce Charitable Irrv Tr spend its money?
Davidson Bruce Charitable Irrv Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Davidson Bruce Charitable Irrv Tr tax-deductible?
Davidson Bruce Charitable Irrv Tr is registered as a tax-exempt nonprofit (EIN: 206565366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Davidson Bruce Charitable Irrv Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Davidson Bruce Charitable Irrv Tr is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Davidson Bruce Charitable Irrv Tr located?
Davidson Bruce Charitable Irrv Tr is headquartered in Nashville, Tennessee and files with the IRS under EIN 206565366. It is classified under NTEE code T22.
How many years of IRS 990 filings does Davidson Bruce Charitable Irrv Tr have?
Davidson Bruce Charitable Irrv Tr has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.3M in total revenue.
What is the primary purpose of the Davidson Bruce Charitable Irrv Tr?
Based on its NTEE code T22, the Davidson Bruce Charitable Irrv Tr is a private grantmaking foundation, meaning its primary purpose is to provide grants to other charitable organizations or individuals, rather than directly operating programs.
How stable are the organization's finances?
The organization demonstrates strong financial stability, with assets consistently over $20 million in recent years (e.g., $21,519,978 in 2023) and negligible liabilities ($1 or $0), indicating a robust financial position.
Does the organization pay its executives?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its executives.
What is the trend in the organization's revenue?
Revenue has been highly volatile, ranging from $63,086 in 2011 to $10,431,728 in 2013, and $2,473,485 in 2023. This fluctuation is typical for foundations that may receive large, infrequent contributions or rely on investment performance.
How does the organization's asset base compare to its expenses?
The organization maintains a substantial asset base (e.g., $21,519,978 in 2023) significantly larger than its annual expenses (e.g., $1,572,662 in 2023), indicating a strong endowment or capital base to support its grantmaking activities.
Filing History
IRS 990 filing history for Davidson Bruce Charitable Irrv Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Davidson Bruce Charitable Irrv Tr's revenue has grown by 3820.8%, moving from $63K to $2.5M. Total assets increased by 506.9% over the same period, from $3.5M to $21.5M. Total functional expenses rose by 376.4%, from $330K to $1.6M. In its most recent filing year (2023), Davidson Bruce Charitable Irrv Tr reported a surplus of $901K, with revenue exceeding expenses. The organization holds $1 in liabilities against $21.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $1.6M | $21.5M | $1 | — | View 990 |
| 2022 | $676K | $1.7M | $20.5M | $1 | — | View 990 |
| 2021 | $1.8M | $1.5M | $21.7M | $1 | — | View 990 |
| 2020 | $847K | $1.5M | $21.0M | $1 | — | View 990 |
| 2019 | $1.4M | $1.5M | $21.7M | $1 | — | View 990 |
| 2015 | $4.8M | $652K | $17.7M | $1 | — | View 990 |
| 2014 | $711K | $483K | $14.0M | $0 | — | View 990 |
| 2013 | $10.4M | $413K | $13.9M | $0 | — | View 990 |
| 2012 | $88K | $345K | $3.6M | $0 | — | View 990 |
| 2011 | $63K | $330K | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $1.6M, and assets of $21.5M (revenue +265.7% year-over-year).
- 2022: Revenue of $676K, expenses of $1.7M, and assets of $20.5M (revenue -61.4% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $21.7M (revenue +106.9% year-over-year).
- 2020: Revenue of $847K, expenses of $1.5M, and assets of $21.0M (revenue -41.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $21.7M (revenue -70.0% year-over-year).
- 2015: Revenue of $4.8M, expenses of $652K, and assets of $17.7M (revenue +576.4% year-over-year).
- 2014: Revenue of $711K, expenses of $483K, and assets of $14.0M (revenue -93.2% year-over-year).
- 2013: Revenue of $10.4M, expenses of $413K, and assets of $13.9M (revenue +11773.4% year-over-year).
- 2012: Revenue of $88K, expenses of $345K, and assets of $3.6M (revenue +39.3% year-over-year).
- 2011: Revenue of $63K, expenses of $330K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Davidson Bruce Charitable Irrv Tr:
Data Sources and Methodology
This transparency report for Davidson Bruce Charitable Irrv Tr 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.