Skip to content
ProPublica Donate
ProPublica Donate

The Degen Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Hospital, General (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$774k (2023)

Expenses
$588k (2023)

Total Assets
$13.9M (2023)

Total Liabilities
$102k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$774,095
Expenses
$587,883
Net Income
$186,212
Net Assets
$13,756,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $241,777
31.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $532,318
68.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,857,942
Total Liabilities $101,519
Net Assets $13,756,423
Compensation
Key Employees and Officers Compensation Related Other
Thomas H Webb Jr (Executive Director) $24,000 $0 $0
Karen Pharis (Chair) $0 $0 $0
John R Taylor (Treasurer) $0 $0 $0
Judy Boreham Dawson (Director) $0 $0 $0
Benny Gooden Edd (Director) $0 $0 $0
Robert Cooper (Vice Chair) $0 $0 $0
David Craig (Director) $0 $0 $0
Amy Mendenhall (Director) $0 $0 $0
Jeff Beauchamp (Director) $0 $0 $0
Don Hutchings (Director) $0 $0 $0
Mitzy Little (Director) $0 $0 $0
Carly S Marshall (Director) $0 $0 $0
Audra Jackson Md (Director) $0 $0 $0
Rodney Shepard (Director) $0 $0 $0
Dr Justin Voris (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,463,025
Expenses
$625,690
Net Income
$3,837,335
Net Assets
$13,281,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $30
0.0%
Program Services $0
Investment Income $234,495
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,228,500
94.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,382,572
Total Liabilities $101,233
Net Assets $13,281,339
Compensation
Key Employees and Officers Compensation Related Other
Thomas H Webb Jr (Executive Director) $10,000 $193,910 $15,964
Karen Pharis (Chair) $0 $0 $0
John R Taylor (Treasurer) $0 $0 $0
Judy Boreham Dawson (Director) $0 $0 $0
Benny Gooden Edd (Director) $0 $0 $0
Robert Cooper (Vice Chair) $0 $0 $0
David Craig (Director) $0 $0 $0
Amy Mendenhall (Director) $0 $0 $0
Jeff Beauchamp (Director) $0 $0 $0
Don Hutchings (Director) $0 $0 $0
Mitzy Little (Director) $0 $0 $0
Carly S Marshall (Director) $0 $0 $0
Craig Stites Md (Director) $0 $0 $0
Audra Jackson Md (Director) $0 $0 $0
Rodney Shepard (Director) $0 $0 $0
Dr Justin Voris (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$926,469
Expenses
$544,627
Net Income
$381,842
Net Assets
$14,495,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $30
0.0%
Program Services $0
Investment Income $298,245
32.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $623,191
67.3%
Net Inventory Sales $0
Other Revenue $5,003
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,597,803
Total Liabilities $102,045
Net Assets $14,495,758
Compensation
Key Employees and Officers Compensation Related Other
Karen Pharis (Chair) $0 $0 $0
Dr James Greene (Secretary) $0 $0 $0
John R Taylor (Treasurer) $0 $0 $0
Judy Boreham Dawson (Director) $0 $0 $0
Benny Gooden Edd (Director) $0 $0 $0
Robert Cooper (Vice Chair) $0 $0 $0
Karen Cardwell (Director) $0 $0 $0
David Craig (Director) $0 $0 $0
Amy Mendenhall (Director) $0 $0 $0
Jeff Beauchamp (Director) $0 $0 $0
Don Hutchings (Director) $0 $0 $0
Mike Rappeport (Director) $0 $0 $0
Mitzy Little (Director) $0 $0 $0
Carly S Marshall (Director) $0 $0 $0
Thomas H Webb Jr (Executive Director) $0 $330,731 $28,769

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$435,474
Expenses
$666,839
Net Income
-$231,365
Net Assets
$11,888,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,025
0.2%
Program Services $0
Investment Income $401,768
92.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $29,659
6.8%
Net Inventory Sales $0
Other Revenue $3,022
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,212,008
Total Liabilities $323,602
Net Assets $11,888,406

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,354,585
Expenses
$35,310,837
Net Income
-$33,956,252
Net Assets
$11,932,270
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $370,437
27.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $42,393
3.1%
Net Inventory Sales $0
Other Revenue $941,755
69.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,064,447
Total Liabilities $132,177
Net Assets $11,932,270

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,050,842
Expenses
$21,620,474
Net Income
-$17,569,632
Net Assets
$45,888,522
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $801,004
19.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $262,740
6.5%
Net Inventory Sales $0
Other Revenue $2,987,098
73.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,042,007
Total Liabilities $153,485
Net Assets $45,888,522

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$883,596
Expenses
$10,478,850
Net Income
-$9,595,254
Net Assets
$63,458,156
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,169
1.4%
Program Services $0
Investment Income $698,404
79.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $172,213
19.5%
Net Inventory Sales $0
Other Revenue $810
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $73,730,268
Total Liabilities $10,272,112
Net Assets $63,458,156

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,036,170
Expenses
$428,482
Net Income
$1,607,688
Net Assets
$74,736,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $50
0.0%
Program Services $0
Investment Income $1,178,834
57.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $847,085
41.6%
Net Inventory Sales $0
Other Revenue $10,201
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,843,144
Total Liabilities $106,831
Net Assets $74,736,313

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,673,084
Expenses
$614,099
Net Income
$60,058,985
Net Assets
$74,456,959
Notable Sources of Revenue Percent of Total Revenue
Contributions $60,147,728
99.1%
Program Services $0
Investment Income $404,243
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $118,454
0.2%
Net Inventory Sales $0
Other Revenue $2,659
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $74,477,506
Total Liabilities $20,547
Net Assets $74,456,959

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,456,770
Expenses
$680,265
Net Income
$776,505
Net Assets
$10,143,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $150
0.0%
Program Services $0
Investment Income $280,973
19.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,172,561
80.5%
Net Inventory Sales $0
Other Revenue $3,086
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,157,986
Total Liabilities $14,201
Net Assets $10,143,785

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$629,251
Expenses
$86,786
Net Income
$542,465
Net Assets
$9,981,296
Notable Sources of Revenue Percent of Total Revenue
Contributions $128,100
20.4%
Program Services $0
Investment Income $221,583
35.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $266,196
42.3%
Net Inventory Sales $0
Other Revenue $13,372
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,981,296
Total Liabilities $0
Net Assets $9,981,296

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,187
Expenses
$35,673
Net Income
$216,514
Net Assets
$9,984,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $25
0.0%
Program Services $0
Investment Income $172,925
68.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $79,151
31.4%
Net Inventory Sales $0
Other Revenue $86
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,985,958
Total Liabilities $1,434
Net Assets $9,984,524

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »