Double F Foundation
Double F Foundation reports $0 revenue and assets in latest filing, indicating potential inactivity after years of deficit spending.
EIN: 202751477 · Ennis, MT · Updated: 2026-03-28
About Double F Foundation
Double F Foundation (EIN: 202751477) is a nonprofit organization based in Ennis, MT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Double F Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Double F Foundation with a Mission Score of 30 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Double F Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership likely serves on a volunteer basis, which is a positive for minimizing overhead costs relative to its small size and limited financial activity.
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 Double F Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or cessation of operations.
- Consistent history of expenses significantly exceeding revenue, raising questions about financial sustainability (e.g., 201209: $9,456 revenue vs. $279,324 expenses).
- Lack of detailed financial information beyond basic revenue/expense/asset figures makes in-depth analysis of program efficiency challenging.
Strengths
The following positive indicators were identified for Double F Foundation:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds for administrative costs.
- Regular filing of IRS Form 990, demonstrating compliance with transparency requirements.
Frequently Asked Questions about Double F Foundation
Is the Double F Foundation still active?
The latest filing showing $0 revenue and $0 assets strongly suggests the organization may be inactive or in the process of dissolution. Further investigation beyond the 990 filings would be needed to confirm its current operational status.
How did the Double F Foundation fund its expenses when revenue was significantly lower?
Historically, the foundation often reported expenses far exceeding revenue (e.g., $9,456 revenue vs. $279,324 expenses in 201209). This implies it was either drawing down on prior assets, receiving non-cash contributions not fully captured as revenue, or operating at a significant loss, potentially relying on reserves or unrecorded support.
What was the purpose of the $1 liability reported in several years?
The consistent reporting of $1 in liabilities (e.g., 201309, 201409, 201509) is unusual for a nonprofit. It could represent a nominal placeholder, a very minor outstanding obligation, or an accounting anomaly. Its significance is likely minimal given the overall financial scale.
Filing History
IRS 990 filing history for Double F Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Double F Foundation's revenue has declined by 94.8%, moving from $18K to $941. Total assets decreased by 73.9% over the same period, from $341K to $89K. Total functional expenses rose by 31.7%, from $20K to $26K. In its most recent filing year (2015), Double F Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $89K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $89K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $941 | $26K | $89K | $1 | — | View 990 |
| 2014 | $3K | $16K | $106K | $1 | — | View 990 |
| 2013 | $1K | $3K | $119K | $1 | — | View 990 |
| 2012 | $9K | $279K | $117K | $0 | — | View 990 |
| 2011 | $18K | $20K | $341K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $941, expenses of $26K, and assets of $89K (revenue -64.9% year-over-year).
- 2014: Revenue of $3K, expenses of $16K, and assets of $106K (revenue +144.8% year-over-year).
- 2013: Revenue of $1K, expenses of $3K, and assets of $119K (revenue -88.4% year-over-year).
- 2012: Revenue of $9K, expenses of $279K, and assets of $117K (revenue -47.8% year-over-year).
- 2011: Revenue of $18K, expenses of $20K, and assets of $341K.
Data Sources and Methodology
This transparency report for Double F 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.