Durward And Susan Huckabay Foundation
Durward And Susan Huckabay Foundation shows highly volatile finances with significant asset decline and expenses frequently exceeding revenue.
EIN: 204821969 · Coeur D Alene, ID · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $1.5M |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 65/100 |
Is Durward And Susan Huckabay Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Durward And Susan Huckabay Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Durward And Susan Huckabay Foundation
Durward And Susan Huckabay Foundation (EIN: 204821969) is a nonprofit organization based in Coeur D Alene, ID, classified under NTEE code T20. The organization reported total revenue of $161K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Durward And Susan Huckabay Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durward And Susan Huckabay Foundation is a small 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 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$138K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Durward And Susan Huckabay Foundation reported a surplus of $138K with revenue exceeding expenses, holds 16.4 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), Durward And Susan Huckabay Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.7% | -67.8% | +7.3% |
| 2022 | +2523.2% | +39.3% | -41.2% |
| 2021 | -7.4% | +33.6% | -22.0% |
| 2020 | +0.3% | +41.0% | -36.3% |
| 2019 | -66.7% | -14.2% | +242.3% |
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 Durward And Susan Huckabay Foundation with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Durward And Susan Huckabay Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly favorable for minimizing administrative costs.
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 Durward And Susan Huckabay Foundation's IRS 990 filings:
- Expenses frequently and significantly exceed revenue (e.g., 2022: $4.6M expenses vs $3.3M revenue; 2021: $3.3M expenses vs $0.1M revenue).
- Substantial decline in assets from $6,483,181 in 2019 to $2,033,084 in 2023.
- Highly volatile revenue and expense figures year-over-year, indicating unpredictable financial operations.
Strengths
The following positive indicators were identified for Durward And Susan Huckabay Foundation:
- Consistent reporting of 0% officer compensation, indicating no executive salaries.
- Consistently low liabilities (often $1 or $0), suggesting a healthy debt-free balance sheet.
- The foundation has a long filing history (10 filings), indicating sustained operation.
Frequently Asked Questions about Durward And Susan Huckabay Foundation
Is Durward And Susan Huckabay Foundation a legitimate charity?
Durward And Susan Huckabay Foundation (EIN: 204821969) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $161K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Durward And Susan Huckabay Foundation spend its money?
Durward And Susan Huckabay Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Durward And Susan Huckabay Foundation tax-deductible?
Durward And Susan Huckabay Foundation is registered as a tax-exempt nonprofit (EIN: 204821969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Durward And Susan Huckabay Foundation's spending goes to programs?
Durward And Susan Huckabay Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Durward And Susan Huckabay Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Durward And Susan Huckabay Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Durward And Susan Huckabay Foundation located?
Durward And Susan Huckabay Foundation is headquartered in Coeur D Alene, Idaho and files with the IRS under EIN 204821969. It is classified under NTEE code T20.
How many years of IRS 990 filings does Durward And Susan Huckabay Foundation have?
Durward And Susan Huckabay 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 $161K in total revenue.
Why do expenses frequently exceed revenue by such large margins?
In multiple years, such as 2022 ($4.6M expenses vs $3.3M revenue) and 2021 ($3.3M expenses vs $0.1M revenue), expenses significantly outpaced revenue, suggesting reliance on asset drawdowns or substantial investment losses.
What caused the substantial decrease in assets from $6.4M in 2019 to $2.0M in 2023?
The foundation's assets have decreased by over $4 million in four years, indicating either significant program spending from principal, investment losses, or a combination of factors that warrant further examination.
What is the nature of the 'expenses' given the lack of officer compensation?
With 0% officer compensation, the large expense figures (e.g., $4.6M in 2022) are likely attributable to program grants, operational costs, or investment-related expenses, but a detailed breakdown is needed.
Filing History
IRS 990 filing history for Durward And Susan Huckabay Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Durward And Susan Huckabay Foundation's revenue has grown by 168.9%, moving from $605K to $1.6M. Total assets decreased by 45.9% over the same period, from $3.8M to $2.0M. Total functional expenses rose by 1228%, from $112K to $1.5M. In its most recent filing year (2023), Durward And Susan Huckabay Foundation reported a surplus of $138K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.5M | $2.0M | $1 | — | View 990 |
| 2022 | $3.3M | $4.6M | $1.9M | $1 | — | View 990 |
| 2021 | $126K | $3.3M | $3.2M | $1 | — | View 990 |
| 2020 | $136K | $2.5M | $4.1M | $1 | — | — |
| 2019 | $135K | $1.8M | $6.5M | $1 | — | View 990 |
| 2015 | $407K | $2.1M | $1.9M | $1 | — | View 990 |
| 2014 | $166K | $2.2M | $3.1M | $0 | — | View 990 |
| 2013 | $161K | $86K | $3.9M | $0 | — | View 990 |
| 2012 | $116K | $552K | $3.3M | $0 | — | View 990 |
| 2011 | $605K | $112K | $3.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $2.0M (revenue -50.7% year-over-year).
- 2022: Revenue of $3.3M, expenses of $4.6M, and assets of $1.9M (revenue +2523.2% year-over-year).
- 2021: Revenue of $126K, expenses of $3.3M, and assets of $3.2M (revenue -7.4% year-over-year).
- 2020: Revenue of $136K, expenses of $2.5M, and assets of $4.1M (revenue +0.3% year-over-year).
- 2019: Revenue of $135K, expenses of $1.8M, and assets of $6.5M (revenue -66.7% year-over-year).
- 2015: Revenue of $407K, expenses of $2.1M, and assets of $1.9M (revenue +145.1% year-over-year).
- 2014: Revenue of $166K, expenses of $2.2M, and assets of $3.1M (revenue +3.1% year-over-year).
- 2013: Revenue of $161K, expenses of $86K, and assets of $3.9M (revenue +38.7% year-over-year).
- 2012: Revenue of $116K, expenses of $552K, and assets of $3.3M (revenue -80.8% year-over-year).
- 2011: Revenue of $605K, expenses of $112K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durward And Susan Huckabay Foundation:
Data Sources and Methodology
This transparency report for Durward And Susan Huckabay 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.