The Douglas And Inyoung Boyd Foundation
The Douglas And Inyoung Boyd Foundation shows fluctuating revenue but consistent zero officer compensation.
EIN: 203960025 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $55K |
| Program Spending | 80% |
| Net Assets | $166K |
| Transparency Score | 75/100 |
Is The Douglas And Inyoung Boyd Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Douglas And Inyoung Boyd Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Douglas And Inyoung Boyd Foundation
The Douglas And Inyoung Boyd Foundation (EIN: 203960025) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $58K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Douglas And Inyoung Boyd Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Douglas And Inyoung Boyd Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $55K |
| Surplus / Deficit | $-2,582 |
| Total Assets | $166K |
| Total Liabilities | $1 |
| Net Assets | $166K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 36.0 months |
Financial Health Grade: B
In 2023, The Douglas And Inyoung Boyd Foundation reported a deficit of $3K with expenses exceeding revenue, holds 36.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +307.7% | +6.1% | +1.9% |
| 2021 | -222.2% | +26.1% | -78.4% |
| 2020 | +903.3% | +25.7% | -6.0% |
| 2019 | -49.5% | -8.9% | +29.3% |
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 The Douglas And Inyoung Boyd Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Douglas And Inyoung Boyd Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all ten filings, indicating that no officer salaries are paid, which is a positive sign for a foundation of this size with fluctuating revenues.
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 Douglas And Inyoung Boyd Foundation's IRS 990 filings:
- Significant fluctuations in annual revenue, including negative figures in multiple years (e.g., $-383,927 in 2021).
- Substantial decline in total assets from a peak of $882,349 in 2019 to $143,262 in 2023 without clear explanation in the provided data.
Strengths
The following positive indicators were identified for The Douglas And Inyoung Boyd Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for mission.
- Maintains very low liabilities, often just $1, suggesting strong financial management regarding debt.
- Consistent filing of IRS 990 forms over a long period (10 filings), demonstrating good transparency.
Frequently Asked Questions about The Douglas And Inyoung Boyd Foundation
Is The Douglas And Inyoung Boyd Foundation a legitimate charity?
The Douglas And Inyoung Boyd Foundation (EIN: 203960025) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $58K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Douglas And Inyoung Boyd Foundation spend its money?
The Douglas And Inyoung Boyd Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Douglas And Inyoung Boyd Foundation tax-deductible?
The Douglas And Inyoung Boyd Foundation is registered as a tax-exempt nonprofit (EIN: 203960025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Douglas And Inyoung Boyd Foundation's spending goes to programs?
The Douglas And Inyoung Boyd Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Douglas And Inyoung Boyd Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Douglas And Inyoung Boyd Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Douglas And Inyoung Boyd Foundation located?
The Douglas And Inyoung Boyd Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 203960025. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Douglas And Inyoung Boyd Foundation have?
The Douglas And Inyoung Boyd 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 $58K in total revenue.
What is the primary mission of The Douglas And Inyoung Boyd Foundation?
Based on the NTEE code T22 (Private Grantmaking Foundations), the foundation primarily engages in grantmaking activities, though specific program details are not provided in the financial data.
Why did the foundation experience negative revenue in 2021 and 2011?
Negative revenue figures, such as $-383,927 in 2021 and $-931 in 2011, often indicate significant investment losses or returns of contributions rather than operational deficits, but the exact cause is not detailed in the provided summary.
How does the foundation manage its assets given the significant decline from $882,349 in 2019 to $143,262 currently?
The substantial decrease in assets suggests either significant grantmaking activity, investment losses, or a combination of both. Further detailed financial statements would be needed to understand the asset management strategy and reasons for the decline.
Filing History
IRS 990 filing history for The Douglas And Inyoung Boyd Foundation showing financial trends over 10 years of public records:
Total assets decreased by 79% over the same period, from $788K to $166K. Total functional expenses rose by 6.2%, from $52K to $55K. In its most recent filing year (2023), The Douglas And Inyoung Boyd Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $166K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $166K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $55K | $166K | $1 | — | — |
| 2022 | $13K | $52K | $163K | $1 | — | View 990 |
| 2021 | $-383,927 | $75K | $179K | $1 | — | — |
| 2020 | $314K | $59K | $829K | $1 | — | View 990 |
| 2019 | $31K | $47K | $882K | $1 | — | — |
| 2015 | $62K | $52K | $682K | $1 | — | View 990 |
| 2014 | $47K | $97K | $684K | $2K | — | View 990 |
| 2013 | $49K | $50K | $805K | $37 | — | View 990 |
| 2012 | $34K | $41K | $781K | $0 | — | View 990 |
| 2011 | $-931 | $52K | $788K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $55K, and assets of $166K (revenue +307.7% year-over-year).
- 2022: Revenue of $13K, expenses of $52K, and assets of $163K.
- 2021: Revenue of $-383,927, expenses of $75K, and assets of $179K (revenue -222.2% year-over-year).
- 2020: Revenue of $314K, expenses of $59K, and assets of $829K (revenue +903.3% year-over-year).
- 2019: Revenue of $31K, expenses of $47K, and assets of $882K (revenue -49.5% year-over-year).
- 2015: Revenue of $62K, expenses of $52K, and assets of $682K (revenue +32.4% year-over-year).
- 2014: Revenue of $47K, expenses of $97K, and assets of $684K (revenue -5.4% year-over-year).
- 2013: Revenue of $49K, expenses of $50K, and assets of $805K (revenue +45.0% year-over-year).
- 2012: Revenue of $34K, expenses of $41K, and assets of $781K.
- 2011: Revenue of $-931, expenses of $52K, and assets of $788K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Douglas And Inyoung Boyd Foundation:
Data Sources and Methodology
This transparency report for The Douglas And Inyoung Boyd 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.