Doran Foundation Inc
Doran Foundation maintains strong assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 203474077 · Murray, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $233K |
| Program Spending | 80% |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Doran Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Doran Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Doran Foundation Inc
Doran Foundation Inc (EIN: 203474077) is a nonprofit organization based in Murray, KY, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doran Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doran Foundation Inc is a mid-size 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 -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $233K |
| Surplus / Deficit | $-55,082 |
| Total Assets | $3.9M |
| Total Liabilities | $1 |
| Net Assets | $3.9M |
| Operating Margin | -30.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 199.1 months |
Financial Health Grade: B
In 2023, Doran Foundation Inc reported a deficit of $55K with expenses exceeding revenue, holds 199.1 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), Doran Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | -18.3% | -0.3% |
| 2022 | -82.2% | +1.2% | -3.2% |
| 2021 | +161.5% | +19.3% | +17.9% |
| 2020 | -22.7% | -2.6% | +2.4% |
| 2019 | +85.0% | +74.0% | -5.4% |
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 Doran 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Doran Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $55K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Doran Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is a positive indicator for donor funds directly supporting the 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.
Strengths
The following positive indicators were identified for Doran Foundation Inc:
- Consistent asset growth, from $2.5M in 2011 to $3.8M in 2023.
- Extremely low liabilities ($1 reported consistently), indicating strong financial health.
- 0% reported officer compensation across all filings, suggesting efficient use of funds.
- Consistent IRS 990 filing history over a decade, demonstrating transparency.
Frequently Asked Questions about Doran Foundation Inc
Is Doran Foundation Inc a legitimate charity?
Doran Foundation Inc (EIN: 203474077) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Doran Foundation Inc spend its money?
Doran Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Doran Foundation Inc tax-deductible?
Doran Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203474077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Doran Foundation Inc's spending goes to programs?
Doran Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Doran Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Doran Foundation Inc 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 Doran Foundation Inc located?
Doran Foundation Inc is headquartered in Murray, Kentucky and files with the IRS under EIN 203474077. It is classified under NTEE code T22.
How many years of IRS 990 filings does Doran Foundation Inc have?
Doran Foundation Inc 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 $1.1M in total revenue.
Is Doran Foundation Inc. financially stable?
Yes, the Doran Foundation Inc. appears financially stable, with assets consistently growing from $2,552,979 in 2011 to $3,868,065 in 2023, and liabilities consistently reported as only $1.
Does Doran Foundation Inc. pay its officers?
Based on the provided IRS 990 data, the Doran Foundation Inc. consistently reports 0% officer compensation across all ten filings, suggesting officers are not compensated or are compensated through other means not reported as such.
How has Doran Foundation Inc.'s revenue trended?
The Doran Foundation Inc.'s revenue has fluctuated over the years, with a high of $854,437 in 2021 and a low of $151,798 in 2022, but the latest reported revenue is $178,028.
Filing History
IRS 990 filing history for Doran Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Doran Foundation Inc's revenue has declined by 54.4%, moving from $391K to $178K. Total assets increased by 51.5% over the same period, from $2.6M to $3.9M. Total functional expenses rose by 103.3%, from $115K to $233K. In its most recent filing year (2023), Doran Foundation Inc reported a deficit of $55K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $233K | $3.9M | $1 | — | — |
| 2022 | $152K | $285K | $3.9M | $1 | — | View 990 |
| 2021 | $854K | $282K | $4.0M | $1 | — | View 990 |
| 2020 | $327K | $236K | $3.4M | $1 | — | View 990 |
| 2019 | $423K | $243K | $3.3M | $1 | — | View 990 |
| 2015 | $228K | $139K | $3.5M | $1 | — | View 990 |
| 2014 | $352K | $138K | $3.4M | $1 | — | View 990 |
| 2013 | $493K | $110K | $3.2M | $1 | — | View 990 |
| 2012 | $362K | $93K | $2.8M | $1 | — | View 990 |
| 2011 | $391K | $115K | $2.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $178K, expenses of $233K, and assets of $3.9M (revenue +17.3% year-over-year).
- 2022: Revenue of $152K, expenses of $285K, and assets of $3.9M (revenue -82.2% year-over-year).
- 2021: Revenue of $854K, expenses of $282K, and assets of $4.0M (revenue +161.5% year-over-year).
- 2020: Revenue of $327K, expenses of $236K, and assets of $3.4M (revenue -22.7% year-over-year).
- 2019: Revenue of $423K, expenses of $243K, and assets of $3.3M (revenue +85.0% year-over-year).
- 2015: Revenue of $228K, expenses of $139K, and assets of $3.5M (revenue -35.1% year-over-year).
- 2014: Revenue of $352K, expenses of $138K, and assets of $3.4M (revenue -28.6% year-over-year).
- 2013: Revenue of $493K, expenses of $110K, and assets of $3.2M (revenue +36.0% year-over-year).
- 2012: Revenue of $362K, expenses of $93K, and assets of $2.8M (revenue -7.2% year-over-year).
- 2011: Revenue of $391K, expenses of $115K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doran Foundation Inc:
Data Sources and Methodology
This transparency report for Doran 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.