Thomas Duncan Hall Inc

Thomas Duncan Hall Inc. maintains strong assets and low liabilities with no reported officer compensation.

EIN: 202270091 · Lafayette, IN · NTEE: P20 · Updated: 2026-03-28

$362KRevenue
$223KGross Revenue
$1.5MAssets
85/100Mission Score (Excellent)
P20
Thomas Duncan Hall Inc Financial Summary
MetricValue
Total Revenue$362K
Total Expenses$214K
Program Spending85%
CEO/Top Officer Pay$200,000.
Net Assets$1.5M
Transparency Score85/100

Is Thomas Duncan Hall Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Thomas Duncan Hall Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Thomas Duncan Hall Inc

Thomas Duncan Hall Inc (EIN: 202270091) is a nonprofit organization based in Lafayette, IN, classified under NTEE code P20. The organization reported total revenue of $362K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Duncan Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Thomas Duncan Hall Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$179K
Total Expenses$214K
Surplus / Deficit$-34,783
Total Assets$1.5M
Total Liabilities$3K
Net Assets$1.5M
Operating Margin-19.4%
Debt-to-Asset Ratio0.2%
Months of Reserves84.1 months

Financial Health Grade: B

In 2023, Thomas Duncan Hall Inc reported a deficit of $35K with expenses exceeding revenue, holds 84.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Thomas Duncan Hall Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.1%-5.2%-0.5%
2022-12.1%+32.0%-8.5%
2021+58.9%+14.8%+1.8%
2020+21.0%+17.6%-1.7%
2019+18.5%+50.7%+2.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Thomas Duncan Hall Inc. demonstrates consistent financial stability with substantial assets relative to its annual revenue. While revenue has fluctuated over the past decade, the organization consistently maintains over $1.4 million in assets, significantly exceeding its annual expenses. For instance, in 2023, assets were $1,497,982 against expenses of $213,689. The organization's liabilities are consistently very low, indicating a strong balance sheet and minimal debt burden. This financial prudence suggests a well-managed organization capable of sustaining its operations. Spending efficiency appears to be a strong point, particularly given the reported 0% officer compensation across all available filings. This indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to a higher proportion of funds being directed towards programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of financial data through IRS 990 filings over 13 periods reflects a commitment to transparency. Overall, Thomas Duncan Hall Inc. appears to be a financially sound organization with a strong asset base and low liabilities. The absence of officer compensation is a notable positive for efficiency. To further enhance transparency, a more granular breakdown of functional expenses would be beneficial for stakeholders to fully understand how funds are allocated across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Thomas Duncan Hall Inc 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Thomas Duncan Hall Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$179KTotal Revenue
$214KTotal Expenses
$1.5MTotal Assets
$3KTotal Liabilities
$1.5MNet Assets
  • The organization reported a deficit of $35K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer categories, which is highly efficient for an organization with annual revenues typically under $200,000.

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 Thomas Duncan Hall Inc's IRS 990 filings:

  • Revenue has fluctuated significantly year-to-year, indicating potential instability in funding sources.

Strengths

The following positive indicators were identified for Thomas Duncan Hall Inc:

  • Strong asset base, consistently over $1.4 million, providing financial stability.
  • Very low liabilities, indicating minimal debt and strong financial health.
  • 0% reported officer compensation across all filings, suggesting high efficiency in leadership costs.
  • Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
  • Assets significantly exceed annual expenses, providing a substantial financial cushion.

Frequently Asked Questions about Thomas Duncan Hall Inc

Is Thomas Duncan Hall Inc a legitimate charity?

Thomas Duncan Hall Inc (EIN: 202270091) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $362K. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Thomas Duncan Hall Inc spend its money?

Thomas Duncan Hall Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Thomas Duncan Hall Inc tax-deductible?

Thomas Duncan Hall Inc is registered as a tax-exempt nonprofit (EIN: 202270091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Thomas Duncan Hall Inc CEO make?

Thomas Duncan Hall Inc's highest-compensated officer earns $200,000. annually. The organization reported $362K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Thomas Duncan Hall Inc's spending goes to programs?

Thomas Duncan Hall Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Thomas Duncan Hall Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Thomas Duncan Hall Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Thomas Duncan Hall Inc located?

Thomas Duncan Hall Inc is headquartered in Lafayette, Indiana and files with the IRS under EIN 202270091. It is classified under NTEE code P20.

How many years of IRS 990 filings does Thomas Duncan Hall Inc have?

Thomas Duncan Hall Inc has 13 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 $362K in total revenue.

Is Thomas Duncan Hall Inc. a good charity?

Based on the available financial data, Thomas Duncan Hall Inc. appears to be a financially stable organization with strong assets, low liabilities, and no reported officer compensation, suggesting efficient use of funds. Its consistent filing history also indicates transparency.

How does Thomas Duncan Hall Inc. manage its finances?

The organization manages its finances prudently, consistently maintaining a strong asset base (e.g., $1,497,982 in 2023) significantly larger than its annual expenses (e.g., $213,689 in 2023). Liabilities are consistently very low, indicating minimal debt.

What is the trend in Thomas Duncan Hall Inc.'s revenue?

Revenue for Thomas Duncan Hall Inc. has fluctuated over the past decade, ranging from a low of $67,471 in 2017 to a high of $197,441 in 2021, and most recently $178,906 in 2023. There isn't a clear consistent upward or downward trend, but it has generally been below $200,000 annually.

Filing History

IRS 990 filing history for Thomas Duncan Hall Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Thomas Duncan Hall Inc's revenue has grown by 103.6%, moving from $88K to $179K. Total assets increased by 28.4% over the same period, from $1.2M to $1.5M. Total functional expenses rose by 110%, from $102K to $214K. In its most recent filing year (2023), Thomas Duncan Hall Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $3K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $179K $214K $1.5M $3K View 990
2022 $174K $225K $1.5M $2K
2021 $197K $171K $1.6M $3K View 990
2020 $124K $149K $1.6M $13K View 990
2019 $103K $126K $1.6M $5K View 990
2018 $87K $84K $1.6M $10K View 990
2017 $67K $106K $1.7M $15K View 990
2016 $145K $95K $1.7M $20K View 990
2015 $70K $113K $1.6M $1K View 990
2014 $156K $119K $1.7M $28K View 990
2013 $493K $98K $1.8M $172K View 990
2012 $76K $89K $1.2M $684 View 990
2011 $88K $102K $1.2M $982 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $179K, expenses of $214K, and assets of $1.5M (revenue +3.1% year-over-year).
  • 2022: Revenue of $174K, expenses of $225K, and assets of $1.5M (revenue -12.1% year-over-year).
  • 2021: Revenue of $197K, expenses of $171K, and assets of $1.6M (revenue +58.9% year-over-year).
  • 2020: Revenue of $124K, expenses of $149K, and assets of $1.6M (revenue +21.0% year-over-year).
  • 2019: Revenue of $103K, expenses of $126K, and assets of $1.6M (revenue +18.5% year-over-year).
  • 2018: Revenue of $87K, expenses of $84K, and assets of $1.6M (revenue +28.4% year-over-year).
  • 2017: Revenue of $67K, expenses of $106K, and assets of $1.7M (revenue -53.5% year-over-year).
  • 2016: Revenue of $145K, expenses of $95K, and assets of $1.7M (revenue +108.1% year-over-year).
  • 2015: Revenue of $70K, expenses of $113K, and assets of $1.6M (revenue -55.2% year-over-year).
  • 2014: Revenue of $156K, expenses of $119K, and assets of $1.7M (revenue -68.4% year-over-year).
  • 2013: Revenue of $493K, expenses of $98K, and assets of $1.8M (revenue +552.7% year-over-year).
  • 2012: Revenue of $76K, expenses of $89K, and assets of $1.2M (revenue -14.1% year-over-year).
  • 2011: Revenue of $88K, expenses of $102K, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Thomas Duncan Hall Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Thomas Duncan Hall Inc 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.

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