Duke Family Foundation Inc
Duke Family Foundation maintains strong asset growth with zero officer compensation.
EIN: 203665416 · Boise, ID · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $285K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2,274,504 |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Duke Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Duke Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Duke Family Foundation Inc
Duke Family Foundation Inc (EIN: 203665416) is a nonprofit organization based in Boise, ID, classified under NTEE code P58. The organization reported total revenue of $1.7M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Duke Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duke Family Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $346K |
| Total Expenses | $285K |
| Surplus / Deficit | +$61K |
| Total Assets | $2.3M |
| Total Liabilities | $1 |
| Net Assets | $2.3M |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 95.8 months |
Financial Health Grade: A
In 2023, Duke Family Foundation Inc reported a surplus of $61K with revenue exceeding expenses, holds 95.8 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), Duke Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -112.0% | -13.9% | -12.7% |
| 2021 | +286.0% | +65.2% | +26.9% |
| 2020 | -22.9% | -34.5% | +2.2% |
| 2019 | +16.6% | +46.1% | +21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Duke Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Duke Family Foundation Inc 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 surplus of $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation. This is highly unusual for an organization of its asset size ($2,274,504 in 2023) and suggests a volunteer-led or externally supported management structure, which significantly reduces administrative overhead.
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 Duke Family Foundation Inc's IRS 990 filings:
- Negative revenue reported in 2022 (-$98,129) without further explanation.
Strengths
The following positive indicators were identified for Duke Family Foundation Inc:
- Consistent asset growth over the past decade, reaching $2,274,504 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- Minimal liabilities, typically $1 to $10 in recent years, demonstrating strong financial management.
- Consistent filing of IRS 990s over a long period (10 filings), indicating good transparency and compliance.
- Expenses generally well-managed below revenue, contributing to financial stability.
Frequently Asked Questions about Duke Family Foundation Inc
Is Duke Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Duke Family Foundation Inc (EIN: 203665416) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Duke Family Foundation Inc spend its money?
Duke Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Duke Family Foundation Inc tax-deductible?
Duke Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203665416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Duke Family Foundation Inc CEO make?
Duke Family Foundation Inc's highest-compensated officer earns $2,274,504 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Duke Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Duke Family Foundation Inc is above average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Duke Family Foundation Inc located?
Duke Family Foundation Inc is headquartered in Boise, Idaho and files with the IRS under EIN 203665416. It is classified under NTEE code P58.
How many years of IRS 990 filings does Duke Family Foundation Inc have?
Duke Family Foundation Inc 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 $1.7M in total revenue.
How does the Duke Family Foundation Inc. manage to operate without officer compensation?
The filings consistently show 0% officer compensation, suggesting that the foundation is either entirely volunteer-run at the executive level or that executive services are provided pro bono or through an affiliated entity not compensated directly by the foundation.
What caused the negative revenue in 2022?
The 2022 filing shows a revenue of - $98,129. This could be due to investment losses, significant returns of grants, or other non-operating adjustments that resulted in a net decrease in funds for that fiscal year.
What is the primary focus of the grants made by the Duke Family Foundation Inc.?
Based on the NTEE code P58 (Private Grantmaking Foundations), the organization's primary focus is making grants. However, the specific areas or types of organizations it supports are not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Duke Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Duke Family Foundation Inc's revenue has grown by 83.9%, moving from $188K to $346K. Total assets increased by 50.1% over the same period, from $1.5M to $2.3M. Total functional expenses rose by 106.1%, from $138K to $285K. In its most recent filing year (2023), Duke Family Foundation Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $346K | $285K | $2.3M | $1 | — | View 990 |
| 2022 | $-98,129 | $240K | $2.2M | $1 | — | View 990 |
| 2021 | $816K | $279K | $2.5M | $10 | — | — |
| 2020 | $211K | $169K | $2.0M | $1 | — | View 990 |
| 2019 | $274K | $258K | $2.0M | $9 | — | View 990 |
| 2015 | $235K | $176K | $1.6M | $5K | — | View 990 |
| 2014 | $206K | $160K | $1.6M | $8K | — | View 990 |
| 2013 | $199K | $176K | $1.5M | $7K | — | View 990 |
| 2012 | $132K | $169K | $1.5M | $1 | — | View 990 |
| 2011 | $188K | $138K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $346K, expenses of $285K, and assets of $2.3M.
- 2022: Revenue of $-98,129, expenses of $240K, and assets of $2.2M (revenue -112.0% year-over-year).
- 2021: Revenue of $816K, expenses of $279K, and assets of $2.5M (revenue +286.0% year-over-year).
- 2020: Revenue of $211K, expenses of $169K, and assets of $2.0M (revenue -22.9% year-over-year).
- 2019: Revenue of $274K, expenses of $258K, and assets of $2.0M (revenue +16.6% year-over-year).
- 2015: Revenue of $235K, expenses of $176K, and assets of $1.6M (revenue +14.2% year-over-year).
- 2014: Revenue of $206K, expenses of $160K, and assets of $1.6M (revenue +3.7% year-over-year).
- 2013: Revenue of $199K, expenses of $176K, and assets of $1.5M (revenue +50.2% year-over-year).
- 2012: Revenue of $132K, expenses of $169K, and assets of $1.5M (revenue -29.6% year-over-year).
- 2011: Revenue of $188K, expenses of $138K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duke Family Foundation Inc:
Data Sources and Methodology
This transparency report for Duke Family Foundation Inc 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.