Gerard & Ruth Daniel Foundation Inc
Gerard & Ruth Daniel Foundation maintains stable assets while frequently operating at a deficit from annual revenue.
EIN: 136207879 · Chevy Chase, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $875K |
| Total Expenses | $240K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2.7 |
| Net Assets | $2.7M |
| Transparency Score | 75/100 |
Is Gerard & Ruth Daniel Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gerard & Ruth Daniel Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gerard & Ruth Daniel Foundation Inc
Gerard & Ruth Daniel Foundation Inc (EIN: 136207879) is a nonprofit organization based in Chevy Chase, MD. The organization reported total revenue of $875K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gerard & Ruth Daniel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gerard & Ruth Daniel Foundation Inc is a small nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $478K |
| Total Expenses | $240K |
| Surplus / Deficit | +$238K |
| Total Assets | $2.7M |
| Total Liabilities | $1 |
| Net Assets | $2.7M |
| Operating Margin | 49.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.4 months |
Financial Health Grade: A
In 2023, Gerard & Ruth Daniel Foundation Inc reported a surplus of $238K with revenue exceeding expenses, holds 135.4 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), Gerard & Ruth Daniel Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1117.8% | -0.9% | +9.6% |
| 2022 | -67.9% | -17.2% | -7.6% |
| 2021 | +27.6% | +12.3% | -6.0% |
| 2020 | -91.8% | -2.9% | -5.5% |
| 2019 | +1132.1% | +76.9% | +31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Gerard & Ruth Daniel Foundation Inc with a Mission Score of 75 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Gerard & Ruth Daniel Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $238K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that officers are not compensated, which is highly efficient for an organization of its asset size ($2.7 million in 2023).
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 Gerard & Ruth Daniel Foundation Inc's IRS 990 filings:
- Frequent annual operating deficits (expenses exceeding revenue)
- NTEE code is unknown, limiting understanding of programmatic focus
Strengths
The following positive indicators were identified for Gerard & Ruth Daniel Foundation Inc:
- Consistent asset base over $2 million, indicating financial stability
- Zero executive compensation, demonstrating high efficiency in leadership costs
- Regular and consistent IRS 990 filing history, indicating transparency
- Extremely low liabilities across all reported periods ($0 or $1)
Frequently Asked Questions about Gerard & Ruth Daniel Foundation Inc
Is Gerard & Ruth Daniel Foundation Inc a legitimate charity?
Gerard & Ruth Daniel Foundation Inc (EIN: 136207879) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $875K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Gerard & Ruth Daniel Foundation Inc spend its money?
Gerard & Ruth Daniel Foundation Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gerard & Ruth Daniel Foundation Inc tax-deductible?
Gerard & Ruth Daniel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136207879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gerard & Ruth Daniel Foundation Inc CEO make?
Gerard & Ruth Daniel Foundation Inc's highest-compensated officer earns $2.7 annually. The organization reported $875K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Gerard & Ruth Daniel Foundation Inc located?
Gerard & Ruth Daniel Foundation Inc is headquartered in Chevy Chase, Maryland and files with the IRS under EIN 136207879.
How many years of IRS 990 filings does Gerard & Ruth Daniel Foundation Inc have?
Gerard & Ruth Daniel Foundation Inc 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 $875K in total revenue.
Is Gerard & Ruth Daniel Foundation Inc a good charity?
Based on the available data, the foundation demonstrates strong financial stability with over $2 million in assets and excellent efficiency regarding executive compensation (0%). Its consistent filing of IRS 990s indicates transparency. However, without detailed program spending information, it's challenging to fully assess its direct impact as a 'charity' in the traditional sense, as it appears to be a grant-making private foundation.
What is the primary purpose of this organization?
While the NTEE code is unknown, the financial patterns (consistent assets, varying revenue, and expenses often exceeding revenue) strongly suggest it operates as a private grant-making foundation, distributing funds rather than directly running programs.
How does the foundation manage its expenses relative to its income?
The foundation frequently incurs expenses that exceed its annual revenue, as seen in 2022 (Revenue $39,279, Expenses $242,695) and 2021 (Revenue $122,177, Expenses $292,945). This indicates a reliance on its asset base and investment returns to cover its operational and grant-making activities.
Filing History
IRS 990 filing history for Gerard & Ruth Daniel Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gerard & Ruth Daniel Foundation Inc's revenue has grown by 455.6%, moving from $86K to $478K. Total assets increased by 30.8% over the same period, from $2.1M to $2.7M. Total functional expenses rose by 158.7%, from $93K to $240K. In its most recent filing year (2023), Gerard & Ruth Daniel Foundation Inc reported a surplus of $238K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $478K | $240K | $2.7M | $1 | — | View 990 |
| 2022 | $39K | $243K | $2.5M | $1 | — | View 990 |
| 2021 | $122K | $293K | $2.7M | $1 | — | View 990 |
| 2020 | $96K | $261K | $2.8M | $1 | — | — |
| 2019 | $1.2M | $269K | $3.0M | $1 | — | View 990 |
| 2015 | $95K | $152K | $2.3M | $1 | — | View 990 |
| 2014 | $161K | $140K | $2.4M | $1 | — | View 990 |
| 2013 | $401K | $140K | $2.3M | $0 | — | View 990 |
| 2012 | $99K | $106K | $2.1M | $0 | — | View 990 |
| 2011 | $86K | $93K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $478K, expenses of $240K, and assets of $2.7M (revenue +1117.8% year-over-year).
- 2022: Revenue of $39K, expenses of $243K, and assets of $2.5M (revenue -67.9% year-over-year).
- 2021: Revenue of $122K, expenses of $293K, and assets of $2.7M (revenue +27.6% year-over-year).
- 2020: Revenue of $96K, expenses of $261K, and assets of $2.8M (revenue -91.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $269K, and assets of $3.0M (revenue +1132.1% year-over-year).
- 2015: Revenue of $95K, expenses of $152K, and assets of $2.3M (revenue -41.3% year-over-year).
- 2014: Revenue of $161K, expenses of $140K, and assets of $2.4M (revenue -59.9% year-over-year).
- 2013: Revenue of $401K, expenses of $140K, and assets of $2.3M (revenue +306.2% year-over-year).
- 2012: Revenue of $99K, expenses of $106K, and assets of $2.1M (revenue +14.8% year-over-year).
- 2011: Revenue of $86K, expenses of $93K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gerard & Ruth Daniel Foundation Inc:
Data Sources and Methodology
This transparency report for Gerard & Ruth Daniel Foundation Inc 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.