Douglas Machine Foundation
Douglas Machine Foundation consistently grows assets with zero officer compensation and strong program focus.
EIN: 208979641 · Alexandria, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $364K |
| Total Expenses | $235K |
| Program Spending | 95% |
| Net Assets | $406K |
| Transparency Score | 95/100 |
Is Douglas Machine Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Douglas Machine Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Douglas Machine Foundation
Douglas Machine Foundation (EIN: 208979641) is a nonprofit organization based in Alexandria, MN, classified under NTEE code T20. The organization reported total revenue of $364K and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Douglas Machine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Douglas Machine Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $235K |
| Surplus / Deficit | +$108K |
| Total Assets | $406K |
| Total Liabilities | $1 |
| Net Assets | $406K |
| Operating Margin | 31.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 20.7 months |
Financial Health Grade: A
In 2023, Douglas Machine Foundation reported a surplus of $108K with revenue exceeding expenses, holds 20.7 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), Douglas Machine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | -30.5% | +36.2% |
| 2022 | -10.2% | +54.2% | +0.3% |
| 2021 | +33.5% | -14.1% | +113.8% |
| 2020 | +34.5% | +26.6% | +24.7% |
| 2019 | -42.9% | -12.8% | -48.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Douglas Machine Foundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Douglas Machine Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $108K, 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 no officers or directors receive salaries from the foundation, which is highly commendable for an organization 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.
Strengths
The following positive indicators were identified for Douglas Machine Foundation:
- Consistent asset growth, from $27,645 in 2011 to $405,608 in 2023.
- Zero officer compensation reported across all available filings.
- Revenues consistently exceed expenses in most years, indicating financial stability.
- Strong program spending ratio, typical for a grant-making foundation.
- Excellent transparency with consistent IRS 990 filings.
Frequently Asked Questions about Douglas Machine Foundation
Is Douglas Machine Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Douglas Machine Foundation (EIN: 208979641) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Douglas Machine Foundation spend its money?
Douglas Machine Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Douglas Machine Foundation tax-deductible?
Douglas Machine Foundation is registered as a tax-exempt nonprofit (EIN: 208979641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Douglas Machine Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Douglas Machine Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Douglas Machine Foundation located?
Douglas Machine Foundation is headquartered in Alexandria, Minnesota and files with the IRS under EIN 208979641. It is classified under NTEE code T20.
How many years of IRS 990 filings does Douglas Machine Foundation have?
Douglas Machine Foundation 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 $364K in total revenue.
Is Douglas Machine Foundation a good charity?
Based on the available IRS 990 data, Douglas Machine Foundation appears to be a very good charity. It consistently reports zero officer compensation, maintains healthy asset growth, and its expenses are primarily directed towards its charitable mission, as is typical for a grant-making foundation.
How has the foundation's financial health changed over time?
The foundation's financial health has steadily improved. Assets have grown significantly from $27,645 in 2011 to $405,608 in 2023, and revenues have generally outpaced expenses, indicating strong financial management and sustainability.
What is the foundation's approach to executive compensation?
The foundation's approach to executive compensation is to pay none. All available filings show 0% officer compensation, which is a strong indicator of financial efficiency and dedication to its mission.
Filing History
IRS 990 filing history for Douglas Machine Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Douglas Machine Foundation's revenue has grown by 185.3%, moving from $120K to $342K. Total assets increased by 1367.2% over the same period, from $28K to $406K. Total functional expenses rose by 85.3%, from $127K to $235K. In its most recent filing year (2023), Douglas Machine Foundation reported a surplus of $108K, with revenue exceeding expenses. The organization holds $1 in liabilities against $406K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $406K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $235K | $406K | $1 | — | View 990 |
| 2022 | $339K | $338K | $298K | $1 | — | View 990 |
| 2021 | $377K | $219K | $297K | $1 | — | — |
| 2020 | $282K | $255K | $139K | $0 | — | View 990 |
| 2019 | $210K | $201K | $111K | $0 | — | View 990 |
| 2015 | $368K | $231K | $215K | $0 | — | View 990 |
| 2014 | $175K | $127K | $77K | $0 | — | View 990 |
| 2013 | $100K | $86K | $29K | $0 | — | View 990 |
| 2012 | $75K | $87K | $15K | $0 | — | View 990 |
| 2011 | $120K | $127K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $235K, and assets of $406K (revenue +1.1% year-over-year).
- 2022: Revenue of $339K, expenses of $338K, and assets of $298K (revenue -10.2% year-over-year).
- 2021: Revenue of $377K, expenses of $219K, and assets of $297K (revenue +33.5% year-over-year).
- 2020: Revenue of $282K, expenses of $255K, and assets of $139K (revenue +34.5% year-over-year).
- 2019: Revenue of $210K, expenses of $201K, and assets of $111K (revenue -42.9% year-over-year).
- 2015: Revenue of $368K, expenses of $231K, and assets of $215K (revenue +110.2% year-over-year).
- 2014: Revenue of $175K, expenses of $127K, and assets of $77K (revenue +75.0% year-over-year).
- 2013: Revenue of $100K, expenses of $86K, and assets of $29K (revenue +33.3% year-over-year).
- 2012: Revenue of $75K, expenses of $87K, and assets of $15K (revenue -37.5% year-over-year).
- 2011: Revenue of $120K, expenses of $127K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Douglas Machine Foundation:
Data Sources and Methodology
This transparency report for Douglas Machine 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.