Dun Foundation

Dun Foundation faces persistent operational deficits and declining assets.

EIN: 204463281 · Middleburg, VA · NTEE: T20 · Updated: 2026-03-28

$675KRevenue
$2.2MAssets
55/100Mission Score (Fair)
T20

Is Dun Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Dun Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Dun Foundation

Dun Foundation (EIN: 204463281) is a nonprofit organization based in Middleburg, VA, classified under NTEE code T20. The organization reported total revenue of $675K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dun Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Dun Foundation exhibits a concerning trend of declining assets and consistent operating deficits over the past several years. While the organization maintains a healthy asset base of $2,162,209, this has significantly decreased from $4,023,562 in 2012. In the latest filing (202312), the foundation reported revenue of $95,618 against expenses of $432,560, indicating a substantial deficit. This pattern of expenses exceeding revenue is consistent across most recent filings, raising questions about long-term financial sustainability if not addressed. The organization's NTEE code T20 suggests a focus on grantmaking, and the lack of officer compensation indicates a volunteer-led or minimally compensated leadership structure, which can be a positive for donor confidence regarding administrative overhead. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operational deficits suggest that the current revenue streams are insufficient to cover program and administrative costs. The absence of officer compensation is a strong positive for administrative efficiency, as it removes a significant potential overhead cost. Transparency appears adequate given the public availability of 990 filings, and the consistent reporting of liabilities as $1 or $0 suggests a very low debt burden. Overall, while the Dun Foundation benefits from a substantial asset base and zero officer compensation, its persistent operational deficits and declining assets are significant concerns. Donors should seek more detailed information on how the organization plans to reverse these financial trends and ensure the long-term viability of its mission. The current financial trajectory, if continued, is unsustainable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dun Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Dun Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Dun Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive for minimizing 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 Dun Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Dun Foundation:

Frequently Asked Questions about Dun Foundation

Is Dun Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Dun Foundation (EIN: 204463281) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.

How does Dun Foundation spend its money?

Dun Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Dun Foundation tax-deductible?

Dun Foundation is registered as a tax-exempt nonprofit (EIN: 204463281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Why are the Dun Foundation's assets consistently declining?

The Dun Foundation's assets have decreased from $4,023,562 in 2012 to $2,162,209 currently, largely due to expenses consistently exceeding revenue in most recent periods, such as $432,560 in expenses vs. $95,618 in revenue in 202312.

Is the Dun Foundation financially sustainable given its operational deficits?

The consistent operational deficits, where expenses frequently outweigh revenue (e.g., $432,560 expenses vs. $95,618 revenue in 202312), raise significant concerns about the long-term financial sustainability of the Dun Foundation if these trends continue without a change in revenue generation or expense management.

How does the Dun Foundation cover its expenses with such low revenue?

With expenses often significantly higher than revenue (e.g., $432,560 expenses vs. $95,618 revenue in 202312), the Dun Foundation appears to be drawing down its existing asset base to cover operational costs, as evidenced by the declining asset values over time.

Filing History

IRS 990 filing history for Dun Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Dun Foundation's revenue has declined by 40.7%, moving from $161K to $96K. Total assets decreased by 43% over the same period, from $4.0M to $2.3M. Total functional expenses rose by 173.2%, from $158K to $433K. In its most recent filing year (2023), Dun Foundation reported a deficit of $337K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $96K $433K $2.3M $1 View 990
2022 $233K $405K $2.6M $1 View 990
2021 $246K $425K $2.8M $1
2020 $395K $340K $3.0M $1
2019 $232K $329K $3.0M $1 View 990
2015 $187K $251K $3.0M $0 View 990
2014 $184K $244K $3.5M $0 View 990
2013 $-5,116 $243K $3.7M $0 View 990
2012 $196K $213K $4.0M $0 View 990
2011 $161K $158K $4.0M $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Dun 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.

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