Richard And Susan Dugas Familyfoundation
Richard And Susan Dugas Familyfoundation consistently spends more than its annual revenue, drawing down its assets.
EIN: 203650410 · Atlanta, GA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $795K |
| Total Expenses | $332K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.8 |
| Net Assets | $3.9M |
| Transparency Score | 75/100 |
Is Richard And Susan Dugas Familyfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard And Susan Dugas Familyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard And Susan Dugas Familyfoundation
Richard And Susan Dugas Familyfoundation (EIN: 203650410) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T20. The organization reported total revenue of $795K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard And Susan Dugas Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard And Susan Dugas Familyfoundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 166.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $332K |
| Surplus / Deficit | $-203,651 |
| Total Assets | $3.9M |
| Total Liabilities | $27K |
| Net Assets | $3.9M |
| Operating Margin | -158.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 140.4 months |
Financial Health Grade: B
In 2023, Richard And Susan Dugas Familyfoundation reported a deficit of $204K with expenses exceeding revenue, holds 140.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard And Susan Dugas Familyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 166.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +170.0% | -1.6% | -4.8% |
| 2022 | -80.5% | -10.4% | -6.4% |
| 2021 | +77.8% | +19.3% | -2.8% |
| 2020 | +2.6% | -0.9% | -3.8% |
| 2019 | +470.3% | +22.5% | +190.3% |
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 Richard And Susan Dugas Familyfoundation with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Richard And Susan Dugas Familyfoundation 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 $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that the foundation's officers are likely unpaid, which is highly efficient for an organization of its size with assets around $3.8 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 Richard And Susan Dugas Familyfoundation's IRS 990 filings:
- Consistent annual expenses exceeding revenue, leading to asset depletion.
- Lack of detailed expense breakdown beyond officer compensation, limiting program efficiency analysis.
Strengths
The following positive indicators were identified for Richard And Susan Dugas Familyfoundation:
- Zero officer compensation, indicating highly efficient leadership overhead.
- Consistent IRS 990 filing history, demonstrating transparency in reporting.
- Significant asset base ($3.8 million in 2023) to support its mission.
Frequently Asked Questions about Richard And Susan Dugas Familyfoundation
Is Richard And Susan Dugas Familyfoundation a legitimate charity?
Richard And Susan Dugas Familyfoundation (EIN: 203650410) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $795K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Richard And Susan Dugas Familyfoundation spend its money?
Richard And Susan Dugas Familyfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Richard And Susan Dugas Familyfoundation tax-deductible?
Richard And Susan Dugas Familyfoundation is registered as a tax-exempt nonprofit (EIN: 203650410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Richard And Susan Dugas Familyfoundation CEO make?
Richard And Susan Dugas Familyfoundation's highest-compensated officer earns $3.8 annually. The organization reported $795K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Richard And Susan Dugas Familyfoundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Richard And Susan Dugas Familyfoundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Richard And Susan Dugas Familyfoundation located?
Richard And Susan Dugas Familyfoundation is headquartered in Atlanta, Georgia and files with the IRS under EIN 203650410. It is classified under NTEE code T20.
How many years of IRS 990 filings does Richard And Susan Dugas Familyfoundation have?
Richard And Susan Dugas Familyfoundation 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 $795K in total revenue.
What are the specific programs or grants the foundation supports?
The provided data does not detail specific programs or grants. Further investigation into the foundation's public records or website would be needed to understand its programmatic focus.
Is the foundation's current spending model sustainable long-term?
With expenses consistently exceeding revenue (e.g., $331,951 expenses vs. $128,300 revenue in 2023), the foundation is drawing down its assets. While common for private foundations, this trend needs careful management to ensure long-term sustainability of its mission.
How does the foundation manage its investments to support its mission?
The financial data shows significant assets (e.g., $3,884,760 in 2023), but details on investment strategies or returns are not provided in the summary. Understanding investment performance is crucial for a foundation of this type.
Filing History
IRS 990 filing history for Richard And Susan Dugas Familyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard And Susan Dugas Familyfoundation's revenue has grown by 12829900%, moving from $1 to $128K. Total assets increased by 388475900% over the same period, from $1 to $3.9M. In its most recent filing year (2023), Richard And Susan Dugas Familyfoundation reported a deficit of $204K, with expenses exceeding revenue. The organization holds $27K in liabilities against $3.9M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $128K | $332K | $3.9M | $27K | — | View 990 |
| 2022 | $48K | $337K | $4.1M | $18K | — | View 990 |
| 2021 | $244K | $377K | $4.4M | $8K | — | — |
| 2020 | $137K | $316K | $4.5M | $2K | — | View 990 |
| 2019 | $134K | $319K | $4.7M | $1 | — | View 990 |
| 2015 | $23K | $260K | $1.6M | $201 | — | View 990 |
| 2014 | $699K | $277K | $1.8M | $1 | — | View 990 |
| 2013 | $692K | $1K | $1.4M | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $128K, expenses of $332K, and assets of $3.9M (revenue +170.0% year-over-year).
- 2022: Revenue of $48K, expenses of $337K, and assets of $4.1M (revenue -80.5% year-over-year).
- 2021: Revenue of $244K, expenses of $377K, and assets of $4.4M (revenue +77.8% year-over-year).
- 2020: Revenue of $137K, expenses of $316K, and assets of $4.5M (revenue +2.6% year-over-year).
- 2019: Revenue of $134K, expenses of $319K, and assets of $4.7M (revenue +470.3% year-over-year).
- 2015: Revenue of $23K, expenses of $260K, and assets of $1.6M (revenue -96.6% year-over-year).
- 2014: Revenue of $699K, expenses of $277K, and assets of $1.8M (revenue +1.0% year-over-year).
- 2013: Revenue of $692K, expenses of $1K, and assets of $1.4M (revenue +69200300.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard And Susan Dugas Familyfoundation:
Data Sources and Methodology
This transparency report for Richard And Susan Dugas Familyfoundation 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.