Philippe And Deborah Dauman Foundation
Philippe And Deborah Dauman Foundation maintains substantial assets and zero officer compensation while consistently making distributions.
EIN: 134097014 · Palm Beach, FL · NTEE: T22 · Updated: 2026-03-28
Is Philippe And Deborah Dauman Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Philippe And Deborah Dauman Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Philippe And Deborah Dauman Foundation
Philippe And Deborah Dauman Foundation (EIN: 134097014) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code T22. The organization reported total revenue of $4.7M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philippe And Deborah Dauman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philippe And Deborah Dauman Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-1,157,420 |
| Total Assets | $18.9M |
| Total Liabilities | $1 |
| Net Assets | $18.9M |
| Operating Margin | -486.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.1 months |
Financial Health Grade: B
In 2023, Philippe And Deborah Dauman Foundation reported a deficit of $1.2M with expenses exceeding revenue, holds 162.1 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), Philippe And Deborah Dauman Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -73.5% | -10.3% | -5.8% |
| 2022 | -42.9% | -9.7% | -3.3% |
| 2021 | +21.3% | +23.0% | -0.8% |
| 2020 | +42.6% | +99.9% | -0.6% |
| 2019 | -50.2% | -56.5% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Philippe And Deborah Dauman 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
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Philippe And Deborah Dauman 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:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This suggests a highly efficient operational model where resources are not diverted to executive pay, likely relying on volunteer leadership or external administrative support.
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 Philippe And Deborah Dauman Foundation:
- Strong and consistent asset base, reaching $18.85 million in 2023, ensuring long-term sustainability.
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to charitable purposes.
- Consistent history of IRS 990 filings (10 filings), demonstrating good transparency and compliance.
- Minimal liabilities ($1 in recent years) suggesting sound financial management and low risk.
Frequently Asked Questions about Philippe And Deborah Dauman Foundation
Is Philippe And Deborah Dauman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Philippe And Deborah Dauman Foundation (EIN: 134097014) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Philippe And Deborah Dauman Foundation spend its money?
Philippe And Deborah Dauman Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Philippe And Deborah Dauman Foundation tax-deductible?
Philippe And Deborah Dauman Foundation is registered as a tax-exempt nonprofit (EIN: 134097014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Philippe And Deborah Dauman Foundation financially stable?
Yes, the foundation is financially stable, consistently maintaining a substantial asset base, such as $18.85 million in 2023, far exceeding its annual expenses.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating no salaries are paid to its executives.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $5.65 million in 2011 to a peak of over $20 million in 2022, and currently stand at $18.85 million in 2023, demonstrating strong financial growth and retention.
Filing History
IRS 990 filing history for Philippe And Deborah Dauman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Philippe And Deborah Dauman Foundation's revenue has declined by 89.4%, moving from $2.2M to $238K. Total assets increased by 233.5% over the same period, from $5.7M to $18.9M. Total functional expenses rose by 214.2%, from $444K to $1.4M. In its most recent filing year (2023), Philippe And Deborah Dauman Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $1.4M | $18.9M | $1 | — | View 990 |
| 2022 | $898K | $1.6M | $20.0M | $1 | — | — |
| 2021 | $1.6M | $1.7M | $20.7M | $1 | — | View 990 |
| 2020 | $1.3M | $1.4M | $20.9M | $1 | — | — |
| 2019 | $909K | $701K | $21.0M | $1 | — | View 990 |
| 2015 | $1.8M | $1.6M | $18.7M | $1 | — | View 990 |
| 2014 | $5.5M | $1.2M | $18.5M | $1 | — | View 990 |
| 2013 | $7.1M | $1.0M | $14.2M | $1 | — | View 990 |
| 2012 | $3.0M | $518K | $8.2M | $1 | — | View 990 |
| 2011 | $2.2M | $444K | $5.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $1.4M, and assets of $18.9M (revenue -73.5% year-over-year).
- 2022: Revenue of $898K, expenses of $1.6M, and assets of $20.0M (revenue -42.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.7M, and assets of $20.7M (revenue +21.3% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $20.9M (revenue +42.6% year-over-year).
- 2019: Revenue of $909K, expenses of $701K, and assets of $21.0M (revenue -50.2% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.6M, and assets of $18.7M (revenue -66.6% year-over-year).
- 2014: Revenue of $5.5M, expenses of $1.2M, and assets of $18.5M (revenue -23.1% year-over-year).
- 2013: Revenue of $7.1M, expenses of $1.0M, and assets of $14.2M (revenue +134.3% year-over-year).
- 2012: Revenue of $3.0M, expenses of $518K, and assets of $8.2M (revenue +35.5% year-over-year).
- 2011: Revenue of $2.2M, expenses of $444K, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philippe And Deborah Dauman Foundation:
Data Sources and Methodology
This transparency report for Philippe And Deborah Dauman 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.