Dunn Russell And Jacobs Foundation
Dunn Russell And Jacobs Foundation consistently operates with zero executive compensation, funding activities primarily from its nearly $1.9 million in assets.
EIN: 10518137 · Liberty, ME · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $32K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.9 |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Dunn Russell And Jacobs Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dunn Russell And Jacobs Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dunn Russell And Jacobs Foundation
Dunn Russell And Jacobs Foundation (EIN: 10518137) is a nonprofit organization based in Liberty, ME, classified under NTEE code T20Z. The organization reported total revenue of $69K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dunn Russell And Jacobs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dunn Russell And Jacobs Foundation is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $32K |
| Surplus / Deficit | +$25K |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | 43.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 675.4 months |
Financial Health Grade: A
In 2023, Dunn Russell And Jacobs Foundation reported a surplus of $25K with revenue exceeding expenses, holds 675.4 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), Dunn Russell And Jacobs Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.9% | -4.2% | -8.7% |
| 2022 | +35.8% | -80.7% | -7.3% |
| 2021 | +17.1% | -7.2% | -0.3% |
| 2020 | -95.6% | +2.4% | -7.0% |
| 2019 | +1329.7% | +13.7% | +63.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Dunn Russell And Jacobs Foundation 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, Dunn Russell And Jacobs Foundation 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 $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is entirely volunteer-based, which is highly commendable for a foundation with nearly $1.9 million in assets.
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 Dunn Russell And Jacobs Foundation's IRS 990 filings:
- Expenses frequently exceed annual revenue, indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Dunn Russell And Jacobs Foundation:
- Consistent zero officer compensation across all filings.
- Substantial asset base of nearly $1.9 million.
- Low liabilities, consistently reported as $0 or $1.
Frequently Asked Questions about Dunn Russell And Jacobs Foundation
Is Dunn Russell And Jacobs Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dunn Russell And Jacobs Foundation (EIN: 10518137) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Dunn Russell And Jacobs Foundation spend its money?
Dunn Russell And Jacobs Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dunn Russell And Jacobs Foundation tax-deductible?
Dunn Russell And Jacobs Foundation is registered as a tax-exempt nonprofit (EIN: 10518137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Dunn Russell And Jacobs Foundation CEO make?
Dunn Russell And Jacobs Foundation's highest-compensated officer earns $1.9 annually. The organization reported $69K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Dunn Russell And Jacobs Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dunn Russell And Jacobs Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dunn Russell And Jacobs Foundation located?
Dunn Russell And Jacobs Foundation is headquartered in Liberty, Maine and files with the IRS under EIN 10518137. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Dunn Russell And Jacobs Foundation have?
Dunn Russell And Jacobs Foundation 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 $69K in total revenue.
Is Dunn Russell And Jacobs Foundation a good charity?
Based on the available data, the foundation demonstrates strong financial integrity with zero executive compensation and a substantial asset base. Its consistent operation as a private foundation, drawing from its endowment, suggests a focused approach to its mission. However, without detailed program spending information, it's difficult to fully assess its programmatic impact.
How does the foundation sustain itself with expenses often exceeding revenue?
As a private foundation with significant assets (latest reported at $1,894,229), it likely sustains its operations and grantmaking through investment income from its endowment and, when necessary, by drawing down a portion of its principal, as is common for such entities.
What caused the large revenue spike in 2019?
The IRS 990 data shows a significant revenue increase to $929,470 in 2019, compared to typical revenues in the tens of thousands. This could be due to a large one-time donation, a significant investment gain, or the sale of an asset. Without access to the full 990 form for that year, the exact cause cannot be determined.
Filing History
IRS 990 filing history for Dunn Russell And Jacobs Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dunn Russell And Jacobs Foundation's revenue has grown by 12.2%, moving from $51K to $58K. Total assets increased by 13.6% over the same period, from $1.6M to $1.8M. Total functional expenses fell by 75.5%, from $132K to $32K. In its most recent filing year (2023), Dunn Russell And Jacobs Foundation reported a surplus of $25K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $32K | $1.8M | $1 | — | — |
| 2022 | $65K | $34K | $2.0M | $1 | — | View 990 |
| 2021 | $48K | $174K | $2.1M | $1 | — | — |
| 2020 | $41K | $188K | $2.2M | $1 | — | — |
| 2019 | $929K | $183K | $2.3M | $0 | — | View 990 |
| 2015 | $65K | $161K | $1.4M | $0 | — | View 990 |
| 2014 | $143K | $158K | $1.5M | $0 | — | View 990 |
| 2013 | $149K | $140K | $1.5M | $0 | — | View 990 |
| 2012 | $60K | $137K | $1.5M | $0 | — | View 990 |
| 2011 | $51K | $132K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $32K, and assets of $1.8M (revenue -10.9% year-over-year).
- 2022: Revenue of $65K, expenses of $34K, and assets of $2.0M (revenue +35.8% year-over-year).
- 2021: Revenue of $48K, expenses of $174K, and assets of $2.1M (revenue +17.1% year-over-year).
- 2020: Revenue of $41K, expenses of $188K, and assets of $2.2M (revenue -95.6% year-over-year).
- 2019: Revenue of $929K, expenses of $183K, and assets of $2.3M (revenue +1329.7% year-over-year).
- 2015: Revenue of $65K, expenses of $161K, and assets of $1.4M (revenue -54.4% year-over-year).
- 2014: Revenue of $143K, expenses of $158K, and assets of $1.5M (revenue -4.1% year-over-year).
- 2013: Revenue of $149K, expenses of $140K, and assets of $1.5M (revenue +147.4% year-over-year).
- 2012: Revenue of $60K, expenses of $137K, and assets of $1.5M (revenue +17.1% year-over-year).
- 2011: Revenue of $51K, expenses of $132K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dunn Russell And Jacobs Foundation:
Data Sources and Methodology
This transparency report for Dunn Russell And Jacobs 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.