The Dearborn Foundation
The Dearborn Foundation shows strong asset growth and no reported officer compensation, despite fluctuating revenues.
EIN: 10477840 · Conway, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $333K |
| Program Spending | 90% |
| Net Assets | $4.5M |
| Transparency Score | 90/100 |
Is The Dearborn Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Dearborn Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Dearborn Foundation
The Dearborn Foundation (EIN: 10477840) is a nonprofit organization based in Conway, NH. The organization reported total revenue of $2.3M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Dearborn Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Dearborn Foundation is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $333K |
| Surplus / Deficit | +$708K |
| Total Assets | $4.6M |
| Total Liabilities | $35K |
| Net Assets | $4.5M |
| Operating Margin | 68.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 165.2 months |
Financial Health Grade: A
In 2023, The Dearborn Foundation reported a surplus of $708K with revenue exceeding expenses, holds 165.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Dearborn Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +466.4% | -1.5% | +18.1% |
| 2022 | -59.1% | +20.5% | -3.9% |
| 2020 | -123.8% | +14.3% | -8.4% |
| 2019 | +100.7% | +95.8% | +70.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 The Dearborn 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: 90%
- fundraising: 5%
According to IRS 990 filings, The Dearborn Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $708K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The Dearborn Foundation has consistently reported 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is highly commendable and suggests that all available funds are directed towards the organization's mission and operational costs, rather than executive salaries.
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 The Dearborn Foundation's IRS 990 filings:
- Highly volatile revenue streams, including a year with negative revenue in 2020.
Strengths
The following positive indicators were identified for The Dearborn Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant growth in assets from $1,450,142 in 2011 to $4,578,843 in 2023, demonstrating financial stability.
- Low liabilities relative to assets, indicating sound financial management.
- Latest revenue of $2,272,993 and assets of $5,049,586 show substantial scale.
Frequently Asked Questions about The Dearborn Foundation
Is The Dearborn Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Dearborn Foundation (EIN: 10477840) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does The Dearborn Foundation spend its money?
The Dearborn Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Dearborn Foundation tax-deductible?
The Dearborn Foundation is registered as a tax-exempt nonprofit (EIN: 10477840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Dearborn Foundation's spending goes to programs?
The Dearborn Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Dearborn Foundation located?
The Dearborn Foundation is headquartered in Conway, New Hampshire and files with the IRS under EIN 10477840.
How many years of IRS 990 filings does The Dearborn Foundation have?
The Dearborn 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 $2.3M in total revenue.
Is The Dearborn Foundation a good charity?
Based on the available data, The Dearborn Foundation appears to be a good charity. It has demonstrated strong asset growth, maintained low liabilities, and consistently reported 0% officer compensation, indicating a high dedication to its mission and efficient use of funds. However, a full assessment would benefit from detailed program expense breakdowns.
How has The Dearborn Foundation's financial health changed over time?
The Dearborn Foundation's financial health has generally improved over time, with assets growing from $1,450,142 in 2011 to $4,578,843 in 2023. While revenue has been volatile, including a negative revenue year in 2020, the organization has consistently managed its expenses and liabilities effectively.
What is the trend in The Dearborn Foundation's revenue?
The Dearborn Foundation's revenue trend is highly volatile. It has seen significant peaks, such as $1,632,977 in 2014 and $1,040,288 in 2023, but also experienced lows, including negative revenue of $-52,179 in 2020. This suggests an inconsistent funding stream.
Filing History
IRS 990 filing history for The Dearborn Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Dearborn Foundation's revenue has grown by 1184.7%, moving from $81K to $1.0M. Total assets increased by 215.8% over the same period, from $1.5M to $4.6M. Total functional expenses rose by 370.1%, from $71K to $333K. In its most recent filing year (2023), The Dearborn Foundation reported a surplus of $708K, with revenue exceeding expenses. The organization holds $35K in liabilities against $4.6M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $333K | $4.6M | $35K | — | View 990 |
| 2022 | $184K | $338K | $3.9M | $41K | — | View 990 |
| 2021 | $449K | $280K | $4.0M | $45K | — | View 990 |
| 2020 | $-52,179 | $318K | $3.8M | $23K | — | — |
| 2019 | $219K | $278K | $4.2M | $7K | — | View 990 |
| 2015 | $109K | $142K | $2.5M | $4K | — | View 990 |
| 2014 | $1.6M | $121K | $2.4M | $18K | — | View 990 |
| 2013 | $248K | $94K | $1.4M | $28K | — | View 990 |
| 2012 | $71K | $86K | $1.4M | $9K | — | View 990 |
| 2011 | $81K | $71K | $1.5M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $333K, and assets of $4.6M (revenue +466.4% year-over-year).
- 2022: Revenue of $184K, expenses of $338K, and assets of $3.9M (revenue -59.1% year-over-year).
- 2021: Revenue of $449K, expenses of $280K, and assets of $4.0M.
- 2020: Revenue of $-52,179, expenses of $318K, and assets of $3.8M (revenue -123.8% year-over-year).
- 2019: Revenue of $219K, expenses of $278K, and assets of $4.2M (revenue +100.7% year-over-year).
- 2015: Revenue of $109K, expenses of $142K, and assets of $2.5M (revenue -93.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $121K, and assets of $2.4M (revenue +559.3% year-over-year).
- 2013: Revenue of $248K, expenses of $94K, and assets of $1.4M (revenue +246.9% year-over-year).
- 2012: Revenue of $71K, expenses of $86K, and assets of $1.4M (revenue -11.8% year-over-year).
- 2011: Revenue of $81K, expenses of $71K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Dearborn Foundation:
Data Sources and Methodology
This transparency report for The Dearborn 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.