Duke & Gael Habernickel Charitablefoundation
Duke & Gael Habernickel Charitablefoundation consistently allocates 100% of expenses to programs with zero officer compensation.
EIN: 205339152 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Duke & Gael Habernickel Charitablefoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Duke & Gael Habernickel Charitablefoundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Duke & Gael Habernickel Charitablefoundation
Duke & Gael Habernickel Charitablefoundation (EIN: 205339152) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $766K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Duke & Gael Habernickel Charitablefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duke & Gael Habernickel Charitablefoundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -101.6% | +20.9% | -9.8% |
| 2021 | +543.9% | +44.0% | +25.1% |
| 2020 | -13.9% | +10.4% | -1.1% |
| 2019 | +84.7% | +30.6% | +3.8% |
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 & Gael Habernickel Charitablefoundation 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Duke & Gael Habernickel Charitablefoundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets nearing $2 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.
Strengths
The following positive indicators were identified for Duke & Gael Habernickel Charitablefoundation:
- 100% program spending ratio, indicating all expenses are directed to charitable activities.
- Zero officer compensation reported across all filings, demonstrating exceptional efficiency.
- Stable asset base of nearly $2 million, providing a strong financial foundation.
- Minimal liabilities ($1 in recent years), indicating sound financial management.
- Consistent filing history over a decade, showing transparency and compliance.
Frequently Asked Questions about Duke & Gael Habernickel Charitablefoundation
Is Duke & Gael Habernickel Charitablefoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Duke & Gael Habernickel Charitablefoundation (EIN: 205339152) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Duke & Gael Habernickel Charitablefoundation spend its money?
Duke & Gael Habernickel Charitablefoundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Duke & Gael Habernickel Charitablefoundation tax-deductible?
Duke & Gael Habernickel Charitablefoundation is registered as a tax-exempt nonprofit (EIN: 205339152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage negative revenue in recent years?
The negative revenue figures in 2022 ($-9,895) and 2023 ($-12,462) likely reflect investment losses within the foundation's endowment, which is common for charitable foundations that primarily distribute grants from investment income. This does not necessarily indicate operational issues, especially given the stable asset base.
What is the primary source of the foundation's expenses?
Given the NTEE code T20 (Foundations) and the 100% program spending, the primary source of expenses would be grants and contributions made to other organizations or individuals in furtherance of its charitable mission.
Is the foundation's asset base growing or shrinking?
The foundation's assets have shown some fluctuation but have generally remained stable, hovering around $1.8 million to $2.2 million over the past decade, with the latest reported assets at $1,999,043. While there was a slight decrease from $2,294,618 in 2021 to $1,949,180 in 2023, this is within a normal range for an endowment-based foundation.
Filing History
IRS 990 filing history for Duke & Gael Habernickel Charitablefoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Duke & Gael Habernickel Charitablefoundation's revenue has declined by 108.3%, moving from $151K to $-12,462. Total assets increased by 22.2% over the same period, from $1.6M to $1.9M. Total functional expenses fell by 4.3%, from $114K to $109K. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-12,462 | $109K | $1.9M | $1 | — | — |
| 2022 | $-9,895 | $214K | $2.1M | $1 | — | View 990 |
| 2021 | $627K | $177K | $2.3M | $1 | — | View 990 |
| 2020 | $97K | $123K | $1.8M | $1 | — | — |
| 2019 | $113K | $112K | $1.9M | $5K | — | View 990 |
| 2015 | $61K | $85K | $1.8M | $1 | — | View 990 |
| 2014 | $112K | $103K | $1.8M | $1 | — | View 990 |
| 2013 | $184K | $98K | $1.8M | $1 | — | View 990 |
| 2012 | $228K | $105K | $1.7M | $1 | — | View 990 |
| 2011 | $151K | $114K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-12,462, expenses of $109K, and assets of $1.9M.
- 2022: Revenue of $-9,895, expenses of $214K, and assets of $2.1M (revenue -101.6% year-over-year).
- 2021: Revenue of $627K, expenses of $177K, and assets of $2.3M (revenue +543.9% year-over-year).
- 2020: Revenue of $97K, expenses of $123K, and assets of $1.8M (revenue -13.9% year-over-year).
- 2019: Revenue of $113K, expenses of $112K, and assets of $1.9M (revenue +84.7% year-over-year).
- 2015: Revenue of $61K, expenses of $85K, and assets of $1.8M (revenue -45.3% year-over-year).
- 2014: Revenue of $112K, expenses of $103K, and assets of $1.8M (revenue -39.2% year-over-year).
- 2013: Revenue of $184K, expenses of $98K, and assets of $1.8M (revenue -19.0% year-over-year).
- 2012: Revenue of $228K, expenses of $105K, and assets of $1.7M (revenue +50.7% year-over-year).
- 2011: Revenue of $151K, expenses of $114K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duke & Gael Habernickel Charitablefoundation:
Data Sources and Methodology
This transparency report for Duke & Gael Habernickel Charitablefoundation 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.