Duane R and Carolyn A Swanson Family Foundation Inc is a 501(c)(3) organization based in Fort Myers, Florida, registered in 2022, with $37,562 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$38K
▲ 28.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$203K
Net assets
$390K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Duane R and Carolyn A Swanson Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Duane R and Carolyn A Swanson Family Foundation Inc: 23 mo reserves · -439% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Duane R and Carolyn A Swanson Family Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Duane R and Carolyn A Swanson Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $800K (FY2021) to $38K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-439.3%
Spent more than it raised in the latest fiscal year.
Total assets
$390K
Total liabilities
$0
Net assets
$390K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,562▲28.3% | $202,566▼37.2% | $389,839▼31.7% | $389,839▼31.7% | 990PF |
| 2023 | $29,267▼95.5% | $322,727▼5.5% | $570,898▼33.9% | $570,898▼33.9% | 990PF |
| 2022 | $656,264▼18.0% | $341,426 | $863,176▲7.9% | $863,176▲7.9% | 990PF |
| 2021 | $800,000 | $0 | $800,000 | $800,000 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Duane R and Carolyn A Swanson Family Foundation Inc (EIN 87-4145801) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.