Dedman Foundation Inc

Dedman Foundation shows consistent operations and no officer compensation, but faced a significant deficit in 2023.

EIN: 202070604 · Fort Benton, MT · NTEE: D20 · Updated: 2026-03-28

$1.9MRevenue

$2.5MAssets

85/100Mission Score (Excellent)

D20

About Dedman Foundation Inc

Dedman Foundation Inc (EIN: 202070604) is a nonprofit organization based in Fort Benton, MT, classified under NTEE code D20. The organization reported total revenue of $1.9M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dedman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Dedman Foundation Inc. demonstrates a consistent operational history with generally stable expenses over the past decade, typically ranging from $65,426 to $145,920 annually. While revenue has fluctuated, notably with a peak of $462,091 in 2022, the organization has maintained a healthy asset base, growing from $439,276 in 2014 to $747,636 in 2023. The absence of reported officer compensation across all available filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship.

However, the 2023 fiscal year shows a concerning trend where expenses ($131,109) significantly exceeded revenue ($76,408), resulting in a deficit. This, coupled with a substantial increase in liabilities to $1,538 in 2023 from much lower figures in prior years, warrants closer examination. While the overall asset growth is positive, the recent deficit and increased liabilities suggest a need for careful financial planning to ensure long-term sustainability. The organization's consistent program spending, implied by the lack of other significant expense categories, points to a focused approach.

Given the NTEE code D20 (Grantmaking Foundations), the organization's primary function is likely to distribute grants. The consistent operational expenses, without significant fundraising or administrative overhead reported as separate line items, suggest that most expenditures are directly related to its programmatic activities or the costs associated with managing its grantmaking. The lack of officer compensation enhances its transparency and efficiency profile, making it appear well-aligned with its charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dedman Foundation Inc 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, Dedman Foundation Inc 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.

Executive Compensation Analysis

The Dedman Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size and mission.

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 Dedman Foundation Inc's IRS 990 filings:

Significant deficit in 2023 (Expenses $131,109 vs. Revenue $76,408)
Increase in liabilities in 2023 to $1,538, following a much higher $7,622 in 2022, indicating potential financial strain or new obligations.

Strengths

The following positive indicators were identified for Dedman Foundation Inc:

Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
Healthy and growing asset base, reaching $747,636 in 2023.
Long operational history with 13 IRS 990 filings, demonstrating sustained activity.
Likely high program spending efficiency given the nature of a grantmaking foundation and lack of other major expense categories.

Frequently Asked Questions about Dedman Foundation Inc

Is Dedman Foundation Inc. financially stable?

While the foundation has a healthy asset base of $747,636 in 2023 and a history of managing expenses, the 2023 fiscal year saw expenses ($131,109) significantly exceed revenue ($76,408), raising concerns about short-term financial stability if this trend continues.

How efficient is Dedman Foundation Inc. with its spending?

The organization appears highly efficient, with no reported officer compensation and consistent operational expenses. Assuming most expenses are program-related for a grantmaking foundation, this suggests a strong focus on its mission.

What caused the significant increase in liabilities in 2023?

In 2023, liabilities increased to $1,538 from $7,622 in 2022. The specific reasons for this increase are not detailed in the provided summary data and would require a deeper dive into the full 990 filing.

Filing History

IRS 990 filing history for Dedman Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Dedman Foundation Inc's revenue has grown by 21.3%, moving from $63K to $76K. Total assets increased by 86.1% over the same period, from $402K to $748K. Total functional expenses rose by 106.6%, from $63K to $131K. In its most recent filing year (2023), Dedman Foundation Inc reported a deficit of $55K, with expenses exceeding revenue. The organization holds $2K in liabilities against $748K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $746K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$76K	$131K	$748K	$2K	—	—
2022	$462K	$146K	$724K	$8K	—	View 990
2021	$119K	$140K	$525K	$12K	—	View 990
2020	$91K	$105K	$513K	$2K	—	View 990
2019	$146K	$100K	$488K	$937	—	View 990
2018	$61K	$95K	$416K	$2K	—	View 990
2017	$98K	$93K	$482K	$2K	—	View 990
2016	$86K	$80K	$455K	$2K	—	View 990
2015	$83K	$73K	$429K	$1K	—	View 990
2014	$69K	$65K	$439K	$1K	—	View 990
2013	$95K	$63K	$449K	$3K	—	View 990
2012	$77K	$70K	$409K	$2K	—	View 990
2011	$63K	$63K	$402K	$4K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $76K, expenses of $131K, and assets of $748K (revenue -83.5% year-over-year).
2022: Revenue of $462K, expenses of $146K, and assets of $724K (revenue +287.6% year-over-year).
2021: Revenue of $119K, expenses of $140K, and assets of $525K (revenue +31.6% year-over-year).
2020: Revenue of $91K, expenses of $105K, and assets of $513K (revenue -37.8% year-over-year).
2019: Revenue of $146K, expenses of $100K, and assets of $488K (revenue +138.7% year-over-year).
2018: Revenue of $61K, expenses of $95K, and assets of $416K (revenue -37.6% year-over-year).
2017: Revenue of $98K, expenses of $93K, and assets of $482K (revenue +13.1% year-over-year).
2016: Revenue of $86K, expenses of $80K, and assets of $455K (revenue +4.7% year-over-year).
2015: Revenue of $83K, expenses of $73K, and assets of $429K (revenue +20.0% year-over-year).
2014: Revenue of $69K, expenses of $65K, and assets of $439K (revenue -27.2% year-over-year).
2013: Revenue of $95K, expenses of $63K, and assets of $449K (revenue +23.0% year-over-year).
2012: Revenue of $77K, expenses of $70K, and assets of $409K (revenue +22.1% year-over-year).
2011: Revenue of $63K, expenses of $63K, and assets of $402K.

Data Sources and Methodology

This transparency report for Dedman Foundation Inc 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.