501(c)(3) charity; gifts are tax-deductible.
$22K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-EZ Part IV

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990-EZ
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Pay to officers and key staff
$22K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
990-EZ Pt IV
Named funders
1
named funder · $17K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$324K
total owed
No data yet: the filing does not give total assets.
990-EZ Pt II · Ln 26
Revenue
$49K
+17% vs prior year
Net assets
−$299K
By yearFY2018–FY2023
Revenue
$49K
FY2023▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2018$165K
FY2019$90K
FY2020$192K
FY2021$118K
FY2022$42K
FY2023$49K
Net assets
−$299K
FY2023▼ -32%
Tap a bar for its year
Net assets by fiscal year
FY2018−$13K
FY2019−$33K
FY2020$7K
FY2021−$41K
FY2022−$226K
FY2023−$299K

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jul 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990-EZ; $22K paid to officers and key staff (Part VII, Section A).

990-EZ Part IV · reportable compensation
President and Director
$21,682990-EZ Pt IV
$0990-EZ Pt IV
$0990-EZ Pt IV
Treasurer and Director
$0990-EZ Pt IV
Secretary and Director
$0990-EZ Pt IV

David Borden’s $22K as President and Director is at the 70th percentile of top reported officer pay among 133 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · 990-EZ Part IV

NameFY2023FY2022FY2021FY2020FY2019FY2018
David Borden$21,682$82,733$35,510$52,217$36,545$70,191

Total reportable compensation (Form 990-EZ Part IV column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Drcnet Foundation INC executive salaries →

Programs and updates

A public foundation based in Washington, DC.

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$17K

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$49K
Other income$49K
Owns and owes
−$299K
net assets
Liabilities$324K
People
5
listed
Paid1
2In more detail
Revenue in detail
Other income$49K
Total revenue$49K
Assets in detailEnd of year
Liabilities$324K
Net assets−$299K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Nov 17, 2024 $49K−$299K 990 PDF
FY2022Filed with the IRS Jul 1, 2023 $42K−$226K 990 PDF
FY2021Filed with the IRS Feb 24, 2022 $118K−$41K 990 PDF
FY2020Filed with the IRS Jan 6, 2022 $192K$7K 990 PDF
FY2019Filed with the IRS Nov 24, 2021 $90K−$33K 990 PDF
FY2018Filed with the IRS Nov 24, 2021 $165K−$13K 990 PDF

Schedules filed Part IV

A · Public support

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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