Richard D Donchian Charitable Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Richard D Donchian Charitable Foundation Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 1991, with $1,444,986 in FY2024 revenue. CharityIndex grades it B.
6270 Rivo Lakes Blvd, Sarasota, FL, 34241 EIN 06-1514402 Since 1991
Revenue (FY2024)
$1.4M
▲ 56.0% vs prior year
Expenses (FY2024)
$716K
Net assets
$9.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Richard D Donchian Charitable 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 →
B+Financial health25% of the rating159 mo reserves · +50% margin
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 Richard D Donchian Charitable Foundation Inc: 159 mo reserves · +50% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Richard D Donchian Charitable 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 →
CTransparency10% of the rating2 of 5 disclosure signals
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 Richard D Donchian Charitable Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $400K (FY2020) to $1.4M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9.5M
Operating margin
50.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.5M
Total liabilities
$0
Net assets
$9.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,444,986▲56.0% | $716,251▼1.8% | $9,502,215▲8.9% | $9,502,215▲8.9% | 990PF |
| 2023 | $926,288▲29.3% | $729,047▲9.3% | $8,728,482▲2.3% | $8,728,482▲2.3% | 990PF |
| 2022 | $716,414▼53.5% | $667,002▼10.1% | $8,531,241▲0.6% | $8,531,241▲0.6% | 990PF |
| 2021 | $1,540,371▲285% | $742,337▲5.5% | $8,481,829▲10.4% | $8,481,829▲10.4% | 990PF |
| 2020 | $400,446 | $703,894 | $7,683,795 | $7,683,795 | 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.
Frequently asked questions
- Is Richard D Donchian Charitable Foundation Inc a legitimate nonprofit?
- Yes. Richard D Donchian Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1514402, based in Sarasota, Florida. Donations are tax-deductible.
- What is Richard D Donchian Charitable Foundation Inc's EIN?
- Richard D Donchian Charitable Foundation Inc's Employer Identification Number (EIN) is 06-1514402.
- How much revenue does Richard D Donchian Charitable Foundation Inc report?
- Richard D Donchian Charitable Foundation Inc reported $1,444,986 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard D Donchian Charitable Foundation Inc have?
- CharityIndex grades Richard D Donchian Charitable Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Richard D Donchian Charitable Foundation Inc (EIN 06-1514402) 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.