Drollinger Fam Charitable Foundation Tr
Drollinger Fam Charitable Foundation consistently grants more than annual revenue, supported by substantial assets.
EIN: 206524261 · Los Angeles, CA · NTEE: T20 · Updated: 2026-03-28
Is Drollinger Fam Charitable Foundation Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Drollinger Fam Charitable Foundation Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Drollinger Fam Charitable Foundation Tr
Drollinger Fam Charitable Foundation Tr (EIN: 206524261) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code T20. The organization reported total revenue of $10.9M and total assets of $21.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drollinger Fam Charitable Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drollinger Fam Charitable Foundation Tr is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-437,198 |
| Total Assets | $21.2M |
| Total Liabilities | $1 |
| Net Assets | $21.2M |
| Operating Margin | -43.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 176.6 months |
Financial Health Grade: B
In 2023, Drollinger Fam Charitable Foundation Tr reported a deficit of $437K with expenses exceeding revenue, holds 176.6 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), Drollinger Fam Charitable Foundation Tr's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.5% | -2.0% | -2.0% |
| 2022 | -76.5% | +0.6% | -4.0% |
| 2021 | +77.3% | -7.2% | +4.5% |
| 2020 | -0.1% | -14.1% | -0.9% |
| 2019 | +37.1% | +10.5% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Drollinger Fam Charitable Foundation Tr with a Mission Score of 90 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, Drollinger Fam Charitable Foundation Tr 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 deficit of $437K, 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 or that compensation is covered by an external entity, which is highly efficient for a foundation 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 Drollinger Fam Charitable Foundation Tr:
- Strong program spending, with a high percentage of expenses directed towards charitable distributions.
- Zero officer compensation reported across all filings, indicating highly efficient operational costs.
- Substantial asset base of over $21 million, ensuring long-term financial stability and capacity for grantmaking.
- Consistent financial reporting over 10 periods, demonstrating transparency and accountability.
Frequently Asked Questions about Drollinger Fam Charitable Foundation Tr
Is Drollinger Fam Charitable Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Drollinger Fam Charitable Foundation Tr (EIN: 206524261) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Drollinger Fam Charitable Foundation Tr spend its money?
Drollinger Fam Charitable Foundation Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Drollinger Fam Charitable Foundation Tr tax-deductible?
Drollinger Fam Charitable Foundation Tr is registered as a tax-exempt nonprofit (EIN: 206524261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Drollinger Fam Charitable Foundation Tr a good charity?
Based on the available data, the Drollinger Fam Charitable Foundation Tr appears to be a very effective grant-making organization. It consistently allocates a high percentage of its expenses to programs (grant distributions) and reports zero officer compensation, indicating strong financial efficiency and a clear focus on its mission.
How does the foundation manage to spend more than its revenue in some years?
As a charitable foundation with a substantial asset base (over $21 million in 2023), it can strategically draw down on its endowment to fund grants, especially in years where investment income or contributions are lower than its planned distributions. This is a common and acceptable practice for foundations.
What is the trend in the foundation's assets?
The foundation's assets have shown a slight decline over the past decade, from $24,426,339 in 2011 to $21,238,563 in 2023. This is consistent with its pattern of spending more than its annual revenue in many periods, indicating a planned utilization of its endowment for charitable purposes.
Filing History
IRS 990 filing history for Drollinger Fam Charitable Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Drollinger Fam Charitable Foundation Tr's revenue has declined by 15.5%, moving from $1.2M to $1.0M. Total assets decreased by 13.1% over the same period, from $24.4M to $21.2M. Total functional expenses rose by 15.6%, from $1.2M to $1.4M. In its most recent filing year (2023), Drollinger Fam Charitable Foundation Tr reported a deficit of $437K, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.4M | $21.2M | $1 | — | — |
| 2022 | $573K | $1.5M | $21.7M | $1 | — | — |
| 2021 | $2.4M | $1.5M | $22.6M | $1 | — | View 990 |
| 2020 | $1.4M | $1.6M | $21.6M | $1 | — | View 990 |
| 2019 | $1.4M | $1.8M | $21.8M | $1 | — | — |
| 2015 | $1.0M | $1.7M | $23.6M | $0 | — | View 990 |
| 2014 | $1.7M | $1.5M | $24.3M | $0 | — | View 990 |
| 2013 | $1.1M | $1.4M | $24.0M | $0 | — | View 990 |
| 2012 | $1.4M | $1.5M | $24.4M | $0 | — | View 990 |
| 2011 | $1.2M | $1.2M | $24.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.4M, and assets of $21.2M (revenue +75.5% year-over-year).
- 2022: Revenue of $573K, expenses of $1.5M, and assets of $21.7M (revenue -76.5% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.5M, and assets of $22.6M (revenue +77.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.6M, and assets of $21.6M (revenue -0.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.8M, and assets of $21.8M (revenue +37.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.7M, and assets of $23.6M (revenue -41.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $24.3M (revenue +54.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.4M, and assets of $24.0M (revenue -20.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $24.4M (revenue +16.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $24.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drollinger Fam Charitable Foundation Tr:
Data Sources and Methodology
This transparency report for Drollinger Fam Charitable Foundation Tr 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.