Herbert And Junia Doan Foundation

Herbert And Junia Doan Foundation consistently operates with zero officer compensation and stable assets.

EIN: 200048522 · Midland, MI · NTEE: T22 · Updated: 2026-03-28

$2.4MRevenue
$2.0MAssets
90/100Mission Score (Excellent)
T22
Herbert And Junia Doan Foundation Financial Summary
MetricValue
Total Revenue$2.4M
Total Expenses$119K
Program Spending95%
Net Assets$1.5M
Transparency Score90/100

Is Herbert And Junia Doan Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Herbert And Junia Doan Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Herbert And Junia Doan Foundation

Herbert And Junia Doan Foundation (EIN: 200048522) is a nonprofit organization based in Midland, MI, classified under NTEE code T22. The organization reported total revenue of $2.4M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herbert And Junia Doan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Herbert And Junia Doan Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$60K
Total Expenses$119K
Surplus / Deficit$-59,758
Total Assets$1.5M
Total Liabilities$1
Net Assets$1.5M
Operating Margin-100.4%
Debt-to-Asset Ratio0.0%
Months of Reserves148.8 months

Financial Health Grade: B

In 2023, Herbert And Junia Doan Foundation reported a deficit of $60K with expenses exceeding revenue, holds 148.8 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), Herbert And Junia Doan Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-39.2%-3.6%-4.5%
2022-49.5%+6.5%-0.6%
2021-33.5%+11.6%+5.3%
2020+153.8%+12.2%+1.7%
2019-22.6%-32.2%+16.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Herbert And Junia Doan Foundation appears to be a well-managed private foundation, consistently maintaining a healthy asset base relative to its annual expenses. Over the past decade, the foundation's assets have grown from approximately $1.39 million in 2011 to $1.48 million in 2023, indicating prudent financial stewardship. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission, as administrative overhead related to executive salaries is non-existent. While the foundation experienced a revenue deficit in 2012 ($-123,652), it has generally maintained positive revenue streams in subsequent years, demonstrating resilience. The latest filing shows expenses of $119,281 against revenue of $59,523, indicating a draw on assets for the year, which is not uncommon for foundations making grants. The consistent low liabilities across most years also points to sound financial management and a lack of significant debt burden. The NTEE code T22 suggests it is a private grantmaking foundation, and the financial data aligns with this operational model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Herbert And Junia Doan Foundation 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

According to IRS 990 filings, Herbert And Junia Doan Foundation 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$60KTotal Revenue
$119KTotal Expenses
$1.5MTotal Assets
$1Total Liabilities
$1.5MNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, as it means all operational expenses are directed towards administrative functions or program activities, maximizing the impact of funds.

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 Herbert And Junia Doan Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Herbert And Junia Doan Foundation:

Frequently Asked Questions about Herbert And Junia Doan Foundation

Is Herbert And Junia Doan Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Herbert And Junia Doan Foundation (EIN: 200048522) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does Herbert And Junia Doan Foundation spend its money?

Herbert And Junia Doan Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Herbert And Junia Doan Foundation tax-deductible?

Herbert And Junia Doan Foundation is registered as a tax-exempt nonprofit (EIN: 200048522). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Herbert And Junia Doan Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Herbert And Junia Doan Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Herbert And Junia Doan Foundation located?

Herbert And Junia Doan Foundation is headquartered in Midland, Michigan and files with the IRS under EIN 200048522. It is classified under NTEE code T22.

How many years of IRS 990 filings does Herbert And Junia Doan Foundation have?

Herbert And Junia Doan 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 $2.4M in total revenue.

Is the Herbert And Junia Doan Foundation financially stable?

Yes, the foundation appears financially stable. Its assets have consistently been over $1 million for the past decade, reaching $1,479,247 in 2023, significantly outweighing its annual expenses (e.g., $119,281 in 2023).

How does the foundation manage its administrative costs?

The foundation manages administrative costs very efficiently, as evidenced by 0% officer compensation reported across all filings. This suggests a lean operational structure, likely relying on volunteer efforts or minimal paid staff for administrative tasks.

What is the trend in the foundation's revenue?

Revenue has fluctuated over the years, ranging from a low of $-123,652 in 2012 to a high of $291,671 in 2020. The latest reported revenue in 2023 was $59,523, which was less than expenses for that period.

Filing History

IRS 990 filing history for Herbert And Junia Doan Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Herbert And Junia Doan Foundation's revenue has grown by 372.8%, moving from $13K to $60K. Total assets increased by 6.2% over the same period, from $1.4M to $1.5M. Total functional expenses rose by 51.4%, from $79K to $119K. In its most recent filing year (2023), Herbert And Junia Doan Foundation reported a deficit of $60K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $60K $119K $1.5M $1
2022 $98K $124K $1.5M $10K View 990
2021 $194K $116K $1.6M $1 View 990
2020 $292K $104K $1.5M $1
2019 $115K $93K $1.5M $1 View 990
2015 $148K $137K $1.2M $0 View 990
2014 $125K $79K $1.2M $0 View 990
2013 $98K $73K $1.2M $0 View 990
2012 $-123,652 $78K $1.0M $0 View 990
2011 $13K $79K $1.4M $150K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Herbert And Junia Doan Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Herbert And Junia Doan 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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