Jack And Deborah Daw Heffernan Foundation

Jack And Deborah Daw Heffernan Foundation experiences consistent revenue shortfalls against expenses, leading to declining assets.

EIN: 10539790 · Bridgton, ME · NTEE: T20 · Updated: 2026-03-28

$26KRevenue

$316KAssets

65/100Mission Score (Good)

T20

About Jack And Deborah Daw Heffernan Foundation

Jack And Deborah Daw Heffernan Foundation (EIN: 10539790) is a nonprofit organization based in Bridgton, ME, classified under NTEE code T20. The organization reported total revenue of $26K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack And Deborah Daw Heffernan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Jack And Deborah Daw Heffernan Foundation, a private foundation, exhibits consistent transparency by filing its IRS Form 990s annually. However, its financial health shows a pattern of expenses frequently exceeding revenue in recent years. For instance, in 2023, expenses were $36,697 against revenues of $24,286, and in 2022, expenses were $44,590 against revenues of $15,752. This trend has led to a gradual decline in assets from $417,572 in 2020 to $334,806 in 2023. While the organization reports zero officer compensation, which is a positive for efficiency, the overall spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, which is not provided in the summary data. The foundation's liabilities consistently remain at $1, indicating a healthy balance sheet in terms of debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jack And Deborah Daw Heffernan 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: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Jack And Deborah Daw Heffernan Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 no officers or directors receive salaries from the foundation, which is highly efficient for an organization of its size with assets around $300,000.

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 Jack And Deborah Daw Heffernan Foundation's IRS 990 filings:

Consistent negative net income in recent years (e.g., 2023: -$12,411; 2022: -$28,838; 2021: -$41,517).
Declining asset base over the last three years ($376,055 in 2021 to $334,806 in 2023).
Significant volatility in annual revenue, making financial planning challenging.

Strengths

The following positive indicators were identified for Jack And Deborah Daw Heffernan Foundation:

Zero officer compensation reported, indicating high efficiency in leadership costs.
Consistently low liabilities ($1 across all filings), suggesting no significant debt burden.
Regular and timely filing of IRS Form 990s, demonstrating transparency.

Frequently Asked Questions about Jack And Deborah Daw Heffernan Foundation

Is the Jack And Deborah Daw Heffernan Foundation financially sustainable given its recent revenue trends?

The foundation has experienced expenses exceeding revenue in 7 out of the last 10 reported periods, including the most recent three years (2021-2023). This trend has led to a decrease in assets from $417,572 in 2020 to $334,806 in 2023, raising concerns about long-term financial sustainability if not addressed.

What is the primary source of the foundation's revenue, and is it consistent?

The provided data shows highly fluctuating revenue, ranging from a low of $4,571 in 2019 to a high of $233,300 in 2020. Without more detailed financial statements, it's difficult to pinpoint the primary source (e.g., investment income, donations) or assess its consistency, but the variability suggests reliance on unpredictable income streams.

How does the foundation manage its expenses, particularly in years with low revenue?

Even in years with significantly lower revenue, such as 2019 ($4,571 revenue) and 2022 ($15,752 revenue), expenses remained relatively high at $18,558 and $44,590 respectively. This indicates a potential lack of flexibility in expense management or a commitment to certain spending levels regardless of income.

Filing History

IRS 990 filing history for Jack And Deborah Daw Heffernan Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Jack And Deborah Daw Heffernan Foundation's revenue has declined by 85%, moving from $162K to $24K. Total assets increased by 20% over the same period, from $279K to $335K. Total functional expenses rose by 9.3%, from $34K to $37K. In its most recent filing year (2023), Jack And Deborah Daw Heffernan Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $335K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $335K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$24K	$37K	$335K	$1	—	—
2022	$16K	$45K	$347K	$1	—	—
2021	$7K	$48K	$376K	$1	—	—
2020	$233K	$19K	$418K	$1	—	—
2019	$5K	$19K	$203K	$1	—	View 990
2015	$11K	$30K	$230K	$1	—	View 990
2014	$9K	$28K	$250K	$1	—	View 990
2013	$37K	$28K	$268K	$1	—	View 990
2012	$6K	$26K	$259K	$1	—	View 990
2011	$162K	$34K	$279K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $24K, expenses of $37K, and assets of $335K (revenue +54.2% year-over-year).
2022: Revenue of $16K, expenses of $45K, and assets of $347K (revenue +128.7% year-over-year).
2021: Revenue of $7K, expenses of $48K, and assets of $376K (revenue -97.0% year-over-year).
2020: Revenue of $233K, expenses of $19K, and assets of $418K (revenue +5003.9% year-over-year).
2019: Revenue of $5K, expenses of $19K, and assets of $203K (revenue -57.2% year-over-year).
2015: Revenue of $11K, expenses of $30K, and assets of $230K (revenue +13.2% year-over-year).
2014: Revenue of $9K, expenses of $28K, and assets of $250K (revenue -74.6% year-over-year).
2013: Revenue of $37K, expenses of $28K, and assets of $268K (revenue +548.7% year-over-year).
2012: Revenue of $6K, expenses of $26K, and assets of $259K (revenue -96.5% year-over-year).
2011: Revenue of $162K, expenses of $34K, and assets of $279K.

Data Sources and Methodology

This transparency report for Jack And Deborah Daw Heffernan 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.