Dovenberg Family Foundation
Dovenberg Family Foundation maintains stable assets with no officer compensation amidst fluctuating annual revenues.
EIN: 200492387 · Wayzata, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $42K |
| Program Spending | 90% |
| Net Assets | $617K |
| Transparency Score | 85/100 |
Is Dovenberg Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dovenberg Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dovenberg Family Foundation
Dovenberg Family Foundation (EIN: 200492387) is a nonprofit organization based in Wayzata, MN, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $961K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dovenberg Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dovenberg Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $42K |
| Surplus / Deficit | $-6,690 |
| Total Assets | $617K |
| Total Liabilities | $1 |
| Net Assets | $617K |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.4 months |
Financial Health Grade: B
In 2023, Dovenberg Family Foundation reported a deficit of $7K with expenses exceeding revenue, holds 174.4 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), Dovenberg Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.4% | +0.8% | -1.7% |
| 2022 | +64.0% | -25.5% | +8.6% |
| 2021 | +345.4% | +10.4% | -2.5% |
| 2020 | -31.2% | +11.7% | -2.0% |
| 2019 | +102.1% | -6.2% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Dovenberg Family Foundation 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, Dovenberg Family Foundation 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation operates without paid officers, which is highly efficient 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.
Red Flags
The following concerns were identified during AI analysis of Dovenberg Family Foundation's IRS 990 filings:
- Annual expenses sometimes exceed revenue (e.g., 2023: $42,439 expenses vs. $35,749 revenue), leading to slight annual deficits.
Strengths
The following positive indicators were identified for Dovenberg Family Foundation:
- Consistent zero officer compensation across all reported periods, indicating high operational efficiency.
- Stable and substantial asset base (e.g., $616,906 in 2023) providing long-term financial security.
- Minimal liabilities (often $1) demonstrating sound financial management.
- Consistent IRS 990 filing history (10 filings) indicating good transparency and compliance.
Frequently Asked Questions about Dovenberg Family Foundation
Is Dovenberg Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dovenberg Family Foundation (EIN: 200492387) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Dovenberg Family Foundation spend its money?
Dovenberg Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dovenberg Family Foundation tax-deductible?
Dovenberg Family Foundation is registered as a tax-exempt nonprofit (EIN: 200492387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dovenberg Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dovenberg Family 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 Dovenberg Family Foundation located?
Dovenberg Family Foundation is headquartered in Wayzata, Minnesota and files with the IRS under EIN 200492387. It is classified under NTEE code T20.
How many years of IRS 990 filings does Dovenberg Family Foundation have?
Dovenberg Family 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 $1.1M in total revenue.
Is the Dovenberg Family Foundation financially stable?
Yes, the foundation appears financially stable, consistently maintaining assets above $500,000 (e.g., $616,906 in 2023) and reporting minimal liabilities (often $1).
Does the Dovenberg Family Foundation spend efficiently?
Based on the provided data, the foundation demonstrates high spending efficiency by reporting 0% officer compensation across all periods, suggesting a very lean operational structure.
What is the primary financial activity of the foundation?
The foundation's primary financial activity involves managing its asset base and making grants, with annual revenues and expenses generally below $100,000, such as $35,749 revenue and $42,439 expenses in 2023.
How transparent is the Dovenberg Family Foundation?
The foundation exhibits good transparency with a history of 10 IRS 990 filings, indicating regular and consistent reporting.
Filing History
IRS 990 filing history for Dovenberg Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dovenberg Family Foundation's revenue has grown by 111.7%, moving from $17K to $36K. Total assets decreased by 15.7% over the same period, from $732K to $617K. Total functional expenses rose by 5.2%, from $40K to $42K. In its most recent filing year (2023), Dovenberg Family Foundation reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $617K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $617K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $42K | $617K | $1 | — | View 990 |
| 2022 | $98K | $42K | $628K | $1 | — | View 990 |
| 2021 | $60K | $56K | $578K | $3K | — | View 990 |
| 2020 | $13K | $51K | $593K | $1 | — | — |
| 2019 | $19K | $46K | $605K | $1 | — | — |
| 2015 | $10K | $49K | $664K | $0 | — | View 990 |
| 2014 | $21K | $47K | $818K | $0 | — | View 990 |
| 2013 | $37K | $43K | $835K | $0 | — | View 990 |
| 2012 | $30K | $37K | $786K | $0 | — | View 990 |
| 2011 | $17K | $40K | $732K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $42K, and assets of $617K (revenue -63.4% year-over-year).
- 2022: Revenue of $98K, expenses of $42K, and assets of $628K (revenue +64.0% year-over-year).
- 2021: Revenue of $60K, expenses of $56K, and assets of $578K (revenue +345.4% year-over-year).
- 2020: Revenue of $13K, expenses of $51K, and assets of $593K (revenue -31.2% year-over-year).
- 2019: Revenue of $19K, expenses of $46K, and assets of $605K (revenue +102.1% year-over-year).
- 2015: Revenue of $10K, expenses of $49K, and assets of $664K (revenue -55.2% year-over-year).
- 2014: Revenue of $21K, expenses of $47K, and assets of $818K (revenue -41.9% year-over-year).
- 2013: Revenue of $37K, expenses of $43K, and assets of $835K (revenue +22.7% year-over-year).
- 2012: Revenue of $30K, expenses of $37K, and assets of $786K (revenue +78.5% year-over-year).
- 2011: Revenue of $17K, expenses of $40K, and assets of $732K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dovenberg Family Foundation:
Data Sources and Methodology
This transparency report for Dovenberg Family 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.