Mary P Dolciani Halloran Foundation
Mary P Dolciani Halloran Foundation consistently spends more than it earns, drawing down its endowment.
EIN: 133147449 · Olympia, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5.5 |
| Net Assets | $5.6M |
| Transparency Score | 85/100 |
Is Mary P Dolciani Halloran Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mary P Dolciani Halloran Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary P Dolciani Halloran Foundation
Mary P Dolciani Halloran Foundation (EIN: 133147449) is a nonprofit organization based in Olympia, WA. The organization reported total revenue of $2.0M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary P Dolciani Halloran Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary P Dolciani Halloran Foundation is a mid-size nonprofit that has been operating for 43 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $759K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-329,195 |
| Total Assets | $5.6M |
| Total Liabilities | $1 |
| Net Assets | $5.6M |
| Operating Margin | -43.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.6 months |
Financial Health Grade: B
In 2023, Mary P Dolciani Halloran Foundation reported a deficit of $329K with expenses exceeding revenue, holds 61.6 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), Mary P Dolciani Halloran Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +120.2% | -5.5% | -5.6% |
| 2022 | -65.2% | +33.0% | -12.0% |
| 2021 | +40.8% | +17.5% | +1.9% |
| 2020 | +70.4% | +0.2% | -0.5% |
| 2019 | -21.2% | +39.3% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Mary P Dolciani Halloran Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Mary P Dolciani Halloran Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $329K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly unusual for an organization of this asset size ($5.5 million).
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 Mary P Dolciani Halloran Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from $7.4M in 2011 to $5.5M in 2023.
- Expenses frequently exceed revenue, indicating reliance on endowment drawdowns (e.g., 2023: $1.08M expenses vs. $758K revenue).
- No officer compensation reported across all filings, which is unusual for an organization managing significant assets.
Strengths
The following positive indicators were identified for Mary P Dolciani Halloran Foundation:
- Strong program spending ratio, indicating a high percentage of funds directly supporting its mission.
- Very low administrative overhead, with no reported officer compensation.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Mary P Dolciani Halloran Foundation
Is Mary P Dolciani Halloran Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mary P Dolciani Halloran Foundation (EIN: 133147449) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Mary P Dolciani Halloran Foundation spend its money?
Mary P Dolciani Halloran Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mary P Dolciani Halloran Foundation tax-deductible?
Mary P Dolciani Halloran Foundation is registered as a tax-exempt nonprofit (EIN: 133147449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary P Dolciani Halloran Foundation CEO make?
Mary P Dolciani Halloran Foundation's highest-compensated officer earns $5.5 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Mary P Dolciani Halloran Foundation located?
Mary P Dolciani Halloran Foundation is headquartered in Olympia, Washington and files with the IRS under EIN 133147449.
How many years of IRS 990 filings does Mary P Dolciani Halloran Foundation have?
Mary P Dolciani Halloran 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 $2.0M in total revenue.
How does the foundation sustain its operations given consistent expense over revenue?
The foundation sustains its operations by drawing down its asset base, as evidenced by the decline from $7.4 million in 2011 to $5.5 million in 2023, and by utilizing its existing endowment to cover expenses that exceed annual revenue.
What is the specific nature of the foundation's program activities?
Based on the typical operations of a grantmaking foundation with high program spending and no fundraising, the foundation likely focuses on distributing grants to other organizations or individuals in line with its stated mission, rather than direct service provision.
Why is there no officer compensation reported?
The absence of reported officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that any compensation is structured in a way that is not categorized as 'officer compensation' on the 990 form, which is uncommon for an organization managing over $5 million in assets.
Filing History
IRS 990 filing history for Mary P Dolciani Halloran Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mary P Dolciani Halloran Foundation's revenue has grown by 35%, moving from $562K to $759K. Total assets decreased by 24.8% over the same period, from $7.4M to $5.6M. Total functional expenses rose by 62.9%, from $668K to $1.1M. In its most recent filing year (2023), Mary P Dolciani Halloran Foundation reported a deficit of $329K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $759K | $1.1M | $5.6M | $1 | — | View 990 |
| 2022 | $345K | $1.2M | $5.9M | $1 | — | View 990 |
| 2021 | $990K | $866K | $6.7M | $1 | — | View 990 |
| 2020 | $703K | $737K | $6.6M | $1 | — | — |
| 2019 | $413K | $736K | $6.6M | $1 | — | View 990 |
| 2015 | $524K | $528K | $6.9M | $0 | — | View 990 |
| 2014 | $582K | $720K | $6.9M | $0 | — | View 990 |
| 2013 | $396K | $564K | $7.0M | $0 | — | View 990 |
| 2012 | $414K | $653K | $7.2M | $0 | — | View 990 |
| 2011 | $562K | $668K | $7.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $759K, expenses of $1.1M, and assets of $5.6M (revenue +120.2% year-over-year).
- 2022: Revenue of $345K, expenses of $1.2M, and assets of $5.9M (revenue -65.2% year-over-year).
- 2021: Revenue of $990K, expenses of $866K, and assets of $6.7M (revenue +40.8% year-over-year).
- 2020: Revenue of $703K, expenses of $737K, and assets of $6.6M (revenue +70.4% year-over-year).
- 2019: Revenue of $413K, expenses of $736K, and assets of $6.6M (revenue -21.2% year-over-year).
- 2015: Revenue of $524K, expenses of $528K, and assets of $6.9M (revenue -10.0% year-over-year).
- 2014: Revenue of $582K, expenses of $720K, and assets of $6.9M (revenue +46.9% year-over-year).
- 2013: Revenue of $396K, expenses of $564K, and assets of $7.0M (revenue -4.4% year-over-year).
- 2012: Revenue of $414K, expenses of $653K, and assets of $7.2M (revenue -26.4% year-over-year).
- 2011: Revenue of $562K, expenses of $668K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary P Dolciani Halloran Foundation:
Data Sources and Methodology
This transparency report for Mary P Dolciani Halloran 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.