Lucky Duck Foundation
Lucky Duck Foundation consistently grows revenue and assets with 0% officer compensation.
EIN: 203324885 · San Diego, CA · NTEE: H119 · Updated: 2026-03-28
Is Lucky Duck Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lucky Duck Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lucky Duck Foundation
Lucky Duck Foundation (EIN: 203324885) is a nonprofit organization based in San Diego, CA, classified under NTEE code H119. The organization reported total revenue of $6.0M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lucky Duck Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lucky Duck Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$204K |
| Total Assets | $9.3M |
| Total Liabilities | $80K |
| Net Assets | $9.2M |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 27.4 months |
Financial Health Grade: A
In 2023, Lucky Duck Foundation reported a surplus of $204K with revenue exceeding expenses, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lucky Duck Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +20.0% | +5.6% |
| 2022 | +13.0% | +16.5% | +9.1% |
| 2021 | -10.6% | -8.1% | +10.5% |
| 2020 | +24.0% | +213.2% | +23.0% |
| 2019 | +57.6% | -17.2% | +66.7% |
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 Lucky Duck Foundation with a Mission Score of 95 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lucky Duck Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $204K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The Lucky Duck Foundation reports 0% officer compensation across all available filings, which is an exceptional indicator of financial efficiency and a strong commitment to directing resources towards its mission rather than executive salaries. This suggests that leadership may be volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with over $4 million in annual revenue.
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 Lucky Duck Foundation:
- Consistent revenue growth, from $535,168 in 2014 to $4,287,210 in 2023.
- Significant asset growth, from $152,866 in 2014 to $9,321,550 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication.
- Low and well-managed liabilities, decreasing to $80,143 in 2023.
- Consistent surplus of revenue over expenses in most recent years, demonstrating sound financial management.
Frequently Asked Questions about Lucky Duck Foundation
Is Lucky Duck Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucky Duck Foundation (EIN: 203324885) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Lucky Duck Foundation spend its money?
Lucky Duck Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lucky Duck Foundation tax-deductible?
Lucky Duck Foundation is registered as a tax-exempt nonprofit (EIN: 203324885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lucky Duck Foundation a good charity?
Based on the provided IRS 990 data, Lucky Duck Foundation appears to be a very good charity. It demonstrates strong financial health, consistent growth, low liabilities, and notably, 0% officer compensation, indicating a high dedication to its mission.
How has Lucky Duck Foundation's financial health changed over time?
The organization has shown consistent and significant financial growth. Revenue has increased from $535,168 in 2014 to $4,287,210 in 2023, and assets have grown from $152,866 to $9,321,550 over the same period, indicating robust financial management and fundraising success.
What is the organization's approach to executive compensation?
The Lucky Duck Foundation reports 0% officer compensation in all available filings, which is an outstanding practice. This suggests that executive leadership is not drawing a salary from the organization's funds, maximizing resources for programmatic use.
How efficient is Lucky Duck Foundation's spending?
The foundation appears highly efficient. With 0% officer compensation and consistent surpluses of revenue over expenses (e.g., $4,287,210 revenue vs. $4,083,089 expenses in 2023), a significant portion of funds is available for programs or retained for future mission-related activities.
Filing History
IRS 990 filing history for Lucky Duck Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lucky Duck Foundation's revenue has grown by 1748.5%, moving from $232K to $4.3M. Total assets increased by 9735.1% over the same period, from $95K to $9.3M. Total functional expenses rose by 1601.8%, from $240K to $4.1M. In its most recent filing year (2023), Lucky Duck Foundation reported a surplus of $204K, with revenue exceeding expenses. The organization holds $80K in liabilities against $9.3M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.1M | $9.3M | $80K | — | View 990 |
| 2022 | $4.3M | $3.4M | $8.8M | $118K | — | View 990 |
| 2021 | $3.8M | $2.9M | $8.1M | $307K | — | View 990 |
| 2020 | $4.2M | $3.2M | $7.3M | $384K | — | — |
| 2019 | $3.4M | $1.0M | $6.0M | $69K | — | View 990 |
| 2018 | $2.2M | $1.2M | $3.6M | $90K | — | View 990 |
| 2017 | $3.8M | $1.2M | $2.6M | $57K | — | View 990 |
| 2016 | $723K | $818K | $95K | $300 | — | View 990 |
| 2015 | $565K | $518K | $200K | $0 | — | View 990 |
| 2014 | $535K | $468K | $153K | $0 | — | View 990 |
| 2013 | $340K | $323K | $86K | $0 | — | View 990 |
| 2012 | $227K | $253K | $69K | $0 | — | View 990 |
| 2011 | $232K | $240K | $95K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.1M, and assets of $9.3M (revenue +0.3% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.4M, and assets of $8.8M (revenue +13.0% year-over-year).
- 2021: Revenue of $3.8M, expenses of $2.9M, and assets of $8.1M (revenue -10.6% year-over-year).
- 2020: Revenue of $4.2M, expenses of $3.2M, and assets of $7.3M (revenue +24.0% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.0M, and assets of $6.0M (revenue +57.6% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.2M, and assets of $3.6M (revenue -42.6% year-over-year).
- 2017: Revenue of $3.8M, expenses of $1.2M, and assets of $2.6M (revenue +422.0% year-over-year).
- 2016: Revenue of $723K, expenses of $818K, and assets of $95K (revenue +28.0% year-over-year).
- 2015: Revenue of $565K, expenses of $518K, and assets of $200K (revenue +5.5% year-over-year).
- 2014: Revenue of $535K, expenses of $468K, and assets of $153K (revenue +57.3% year-over-year).
- 2013: Revenue of $340K, expenses of $323K, and assets of $86K (revenue +49.7% year-over-year).
- 2012: Revenue of $227K, expenses of $253K, and assets of $69K (revenue -2.0% year-over-year).
- 2011: Revenue of $232K, expenses of $240K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lucky Duck Foundation:
Data Sources and Methodology
This transparency report for Lucky Duck 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.