Fred H And Mary S Dore Charitable Ffoundation

Fred H And Mary S Dore Charitable Foundation consistently distributes grants, often exceeding annual revenue, with no reported officer compensation.

EIN: 204749617 · Bainbridge Is, WA · NTEE: T22 · Updated: 2026-03-28

$759KRevenue

$3.3MAssets

90/100Mission Score (Excellent)

T22

About Fred H And Mary S Dore Charitable Ffoundation

Fred H And Mary S Dore Charitable Ffoundation (EIN: 204749617) is a nonprofit organization based in Bainbridge Is, WA, classified under NTEE code T22. The organization reported total revenue of $759K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fred H And Mary S Dore Charitable Ffoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Fred H And Mary S Dore Charitable Foundation operates as a private foundation, primarily distributing grants. Its financial health appears stable, with assets consistently above $2.7 million in recent years, reaching $3,027,892 in 2023. While revenue has fluctuated, with a notable high of $245,528 in 2023, the foundation consistently expends funds, often exceeding its annual revenue, indicating active grantmaking. For instance, in 2022, expenses were $177,445 against revenue of $87,923.

Spending efficiency is generally high for a grant-making foundation, as most expenses are direct grants. The absence of officer compensation reported across all filings suggests that administrative costs are likely minimal and primarily related to operational overhead for grant distribution. This structure inherently promotes a high program spending ratio.

Transparency is strong, as evidenced by consistent IRS 990 filings over a decade and the clear reporting of zero officer compensation. The foundation's financial data is readily available, allowing for public scrutiny of its grantmaking activities and financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fred H And Mary S Dore Charitable Ffoundation 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Fred H And Mary S Dore Charitable Ffoundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for a foundation of its size.

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 Fred H And Mary S Dore Charitable Ffoundation:

Zero officer compensation reported across all filings, indicating high efficiency.
Consistent grantmaking, often exceeding annual revenue, demonstrating active charitable distribution.
Stable and growing asset base, from $2.1M in 2011 to over $3M in 2023, ensuring long-term sustainability.
Strong transparency with a decade of consistent IRS 990 filings.

Frequently Asked Questions about Fred H And Mary S Dore Charitable Ffoundation

Is Fred H And Mary S Dore Charitable Foundation a good charity?

Yes, as a grant-making foundation with no reported officer compensation and consistent grant distributions, it appears to be an efficient and well-managed entity focused on its charitable mission.

How does the foundation manage its expenses relative to its income?

The foundation frequently expends more than its annual revenue, drawing from its asset base to fund grants. For example, in 2022, expenses were $177,445 while revenue was $87,923, demonstrating active grantmaking.

What is the trend in the foundation's assets?

The foundation's assets have shown consistent growth over the long term, from $2,183,808 in 2011 to $3,027,892 in 2023, indicating sound financial stewardship despite fluctuations in annual revenue.

Filing History

IRS 990 filing history for Fred H And Mary S Dore Charitable Ffoundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Fred H And Mary S Dore Charitable Ffoundation's revenue has grown by 279.8%, moving from $65K to $246K. Total assets increased by 38.7% over the same period, from $2.2M to $3.0M. Total functional expenses rose by 53.5%, from $133K to $204K. In its most recent filing year (2023), Fred H And Mary S Dore Charitable Ffoundation reported a surplus of $42K, with revenue exceeding expenses. The organization holds $2K in liabilities against $3.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$246K	$204K	$3.0M	$2K	—	—
2022	$88K	$177K	$2.7M	$204	—	View 990
2021	$201K	$192K	$3.4M	$35	—	View 990
2020	$122K	$187K	$3.0M	$649	—	View 990
2019	$97K	$155K	$2.8M	$2K	—	View 990
2015	$130K	$161K	$2.5M	$865	—	View 990
2014	$177K	$218K	$2.6M	$2K	—	View 990
2013	$69K	$196K	$2.6M	$1K	—	View 990
2012	$127K	$152K	$2.2M	$0	—	View 990
2011	$65K	$133K	$2.2M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $246K, expenses of $204K, and assets of $3.0M (revenue +179.3% year-over-year).
2022: Revenue of $88K, expenses of $177K, and assets of $2.7M (revenue -56.3% year-over-year).
2021: Revenue of $201K, expenses of $192K, and assets of $3.4M (revenue +64.1% year-over-year).
2020: Revenue of $122K, expenses of $187K, and assets of $3.0M (revenue +25.9% year-over-year).
2019: Revenue of $97K, expenses of $155K, and assets of $2.8M (revenue -24.9% year-over-year).
2015: Revenue of $130K, expenses of $161K, and assets of $2.5M (revenue -26.8% year-over-year).
2014: Revenue of $177K, expenses of $218K, and assets of $2.6M (revenue +156.1% year-over-year).
2013: Revenue of $69K, expenses of $196K, and assets of $2.6M (revenue -45.5% year-over-year).
2012: Revenue of $127K, expenses of $152K, and assets of $2.2M (revenue +96.1% year-over-year).
2011: Revenue of $65K, expenses of $133K, and assets of $2.2M.

Data Sources and Methodology

This transparency report for Fred H And Mary S Dore Charitable Ffoundation 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.