Thomas A and Mary E Dugan Foundation is a 501(c)(3) organization based in Farmington, New Mexico, registered in 2011, with $3,096,588 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.1M
▲ 97.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$577K
Net assets
$8.7M
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 Thomas A and Mary E Dugan Foundation— 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 Thomas A and Mary E Dugan Foundation: 181 mo reserves · +81% margin earns a B+ 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 Thomas A and Mary E Dugan Foundation— 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 Thomas A and Mary E Dugan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $848K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
81.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.7M
Total liabilities
$0
Net assets
$8.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,096,588▲97.3% | $577,339▲18.7% | $8,712,206▲40.7% | $8,712,206▲40.7% | 990PF |
| 2023 | $1,569,657▼50.6% | $486,260▲91.5% | $6,192,957▲20.8% | $6,192,957▲20.8% | 990PF |
| 2022 | $3,176,155▲683% | $253,877▲16.7% | $5,124,902▲133% | $5,124,902▲133% | 990PF |
| 2021 | $405,428▲172% | $217,478▲104% | $2,202,867▲14.7% | $2,202,867▲14.7% | 990PF |
| 2020 | $148,816▼17.2% | $106,448▲19.1% | $1,919,780▲1.4% | $1,919,780▲1.4% | 990PF |
| 2019 | $179,636▼79.8% | $89,389▲7.2% | $1,893,761▲5.0% | $1,893,761▲5.0% | 990PF |
| 2018 | $888,450▲1486% | $83,352▲6.8% | $1,803,009▲80.8% | $1,803,009▲80.8% | 990PF |
| 2017 | $56,001▲18.0% | $78,014▲130% | $997,230▼2.1% | $997,230▼2.1% | 990PF |
| 2016 | $47,439▼31.9% | $33,905▼58.7% | $1,018,692▼1.8% | $1,018,692▼1.8% | 990PF |
| 2015 | $69,685▼37.4% | $82,111▲12.3% | $1,037,598▲1.3% | $1,037,598▲1.3% | 990PF |
| 2014 | $111,260▼86.9% | $73,130▲20.1% | $1,023,805▲7.7% | $1,023,805▲7.7% | 990PF |
| 2013 | $848,484 | $60,879▲65.2% | $950,814▲487% | $950,814▲487% | 990PF |
| 2012 | — | $36,857 | $161,921 | $161,921 | 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.
Explore more
Data for Thomas A and Mary E Dugan Foundation (EIN 27-2892319) 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.