Druzianich Family Charitable Trust
Druzianich Family Charitable Trust consistently spends more than it earns, drawing down assets while maintaining zero officer compensation.
EIN: 202956055 · Aberdeen, WA · NTEE: T22 · Updated: 2026-03-28
About Druzianich Family Charitable Trust
Druzianich Family Charitable Trust (EIN: 202956055) is a nonprofit organization based in Aberdeen, WA, classified under NTEE code T22. The organization reported total revenue of $469K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Druzianich Family Charitable Trust'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 Druzianich Family Charitable Trust 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, Druzianich Family Charitable Trust 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.
Executive Compensation Analysis
The Druzianich Family Charitable Trust consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for an organization of its size with assets exceeding $2.7 million.
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 Druzianich Family Charitable Trust's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset drawdowns (e.g., $222,076 expenses vs. $92,114 revenue in 202312)
- Declining asset base over recent years (from $3.4M in 2019 to $2.8M in 2023)
Strengths
The following positive indicators were identified for Druzianich Family Charitable Trust:
- Zero officer compensation reported across all filings, indicating high administrative efficiency.
- Low liabilities consistently reported (e.g., $1 in 202312), suggesting strong financial management.
- Substantial asset base ($2,876,584 in 202312) provides significant capacity for grantmaking.
- Consistent filing of IRS Form 990s demonstrates good transparency.
Frequently Asked Questions about Druzianich Family Charitable Trust
Is Druzianich Family Charitable Trust a good charity?
Based on the available data, the Druzianich Family Charitable Trust appears to be a well-managed private grantmaking foundation. It consistently reports 0% officer compensation, indicating high efficiency in executive costs. While it has been spending more than its revenue in recent years, drawing down its assets, this is not uncommon for foundations making distributions. Its substantial asset base of $2,876,584 in 202312 provides a strong financial foundation.
Why are expenses consistently higher than revenue?
For a private grantmaking foundation like the Druzianich Family Charitable Trust, spending more than annual revenue often indicates a strategy of distributing funds from its endowment or accumulated assets. This is a common practice for foundations fulfilling their charitable purpose by making grants, rather than solely relying on annual income.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend in recent years, from $3,409,965 in 201912 to $2,876,584 in 202312. This aligns with the pattern of expenses exceeding revenue, suggesting the trust is actively distributing its capital.
Filing History
IRS 990 filing history for Druzianich Family Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Druzianich Family Charitable Trust's revenue has declined by 76.8%, moving from $396K to $92K. Total assets decreased by 56.3% over the same period, from $6.6M to $2.9M. Total functional expenses fell by 56.1%, from $506K to $222K. In its most recent filing year (2023), Druzianich Family Charitable Trust reported a deficit of $130K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $222K | $2.9M | $1 | — | View 990 |
| 2022 | $84K | $273K | $3.0M | $1 | — | View 990 |
| 2021 | $172K | $242K | $3.2M | $3K | — | View 990 |
| 2020 | $60K | $193K | $3.3M | $6K | — | — |
| 2019 | $357K | $191K | $3.4M | $12K | — | View 990 |
| 2015 | $319K | $575K | $2.2M | $1 | — | View 990 |
| 2014 | $353K | $448K | $5.3M | $3.1M | — | View 990 |
| 2013 | $402K | $438K | $5.5M | $3.2M | — | View 990 |
| 2012 | $484K | $501K | $5.6M | $3.2M | — | View 990 |
| 2011 | $396K | $506K | $6.6M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $222K, and assets of $2.9M (revenue +9.2% year-over-year).
- 2022: Revenue of $84K, expenses of $273K, and assets of $3.0M (revenue -51.1% year-over-year).
- 2021: Revenue of $172K, expenses of $242K, and assets of $3.2M (revenue +187.6% year-over-year).
- 2020: Revenue of $60K, expenses of $193K, and assets of $3.3M (revenue -83.2% year-over-year).
- 2019: Revenue of $357K, expenses of $191K, and assets of $3.4M (revenue +11.8% year-over-year).
- 2015: Revenue of $319K, expenses of $575K, and assets of $2.2M (revenue -9.5% year-over-year).
- 2014: Revenue of $353K, expenses of $448K, and assets of $5.3M (revenue -12.2% year-over-year).
- 2013: Revenue of $402K, expenses of $438K, and assets of $5.5M (revenue -17.0% year-over-year).
- 2012: Revenue of $484K, expenses of $501K, and assets of $5.6M (revenue +22.1% year-over-year).
- 2011: Revenue of $396K, expenses of $506K, and assets of $6.6M.
Data Sources and Methodology
This transparency report for Druzianich Family Charitable Trust 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.