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Frank Ladd Duvalle And Vivian Laverne Duvalle Charitable

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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$24.8k (2022)

Expenses
$73.9k (2022)

Total Assets
$1.14M (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

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 Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$24,816
Expenses
$73,884
Net Income
-$49,068
Net Assets
$1,142,724
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,789
> 100%
Sales of Assets -$1,973
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $69,553
94.1%
Compensation of Officers* $7,175
9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,142,724
Total Liabilities $0
Net Assets $1,142,724
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $4,675 $0
Thomas F Garth (Co Trustee) $2,500 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$167,859
Expenses
$65,518
Net Income
$102,341
Net Assets
$1,192,017
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $30,522
18.2%
Sales of Assets $137,337
81.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $60,117
91.8%
Compensation of Officers* $8,832
13.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,192,017
Total Liabilities $0
Net Assets $1,192,017
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $6,332 $0
Thomas F Garth (Co Trustee) $2,500 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$45,225
Expenses
$68,787
Net Income
-$23,562
Net Assets
$1,094,903
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,093
59.9%
Sales of Assets $18,132
40.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $62,587
91.0%
Compensation of Officers* $8,575
12.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,094,904
Total Liabilities $1
Net Assets $1,094,903
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $6,075 $0
Thomas F Garth (Co Trustee) $2,500 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$55,149
Expenses
$63,061
Net Income
-$7,912
Net Assets
$1,113,381
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,815
50.4%
Sales of Assets $27,334
49.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $57,137
90.6%
Compensation of Officers* $8,474
13.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,113,382
Total Liabilities $1
Net Assets $1,113,381
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $5,974 $0
Thomas F Garth (Co Trustee) $2,500 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$78,579
Expenses
$68,415
Net Income
$10,164
Net Assets
$1,121,463
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,754
36.6%
Sales of Assets $49,825
63.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $62,436
91.3%
Compensation of Officers* $7,861
11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,121,463
Total Liabilities $0
Net Assets $1,121,463
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $5,986 $0
Thomas F Garth (Co Trustee) $1,875 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$77,719
Expenses
$65,693
Net Income
$12,026
Net Assets
$1,112,330
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,842
37.1%
Sales of Assets $48,863
62.9%
Other Income $14
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $56,588
86.1%
Compensation of Officers* $12,197
18.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,112,330
Total Liabilities $0
Net Assets $1,112,330
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $9,072 $0
Thomas F Garth (Co Trustee) $3,125 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$39,116
Expenses
$65,913
Net Income
-$26,797
Net Assets
$1,098,899
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,126
66.8%
Sales of Assets $12,990
33.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $61,369
93.1%
Compensation of Officers* $8,347
12.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,098,899
Total Liabilities $0
Net Assets $1,098,899
Compensation
Key Employees and Officers Compensation Other
Regions Bank (Co Trustee) $5,847 $0
Thomas F Garth (Co Trustee) $2,500 $0
Debra A Shields (Co Trustee) $0 $0
Ian H Shields (Co Trustee) $0 $0
William W Shields (Co Trustee) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$62,869
Expenses
$62,607
Net Income
$262
Net Assets
$1,126,002
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $26,018
41.4%
Sales of Assets $36,851
58.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,450
88.6%
Compensation of Officers* $10,006
16.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,126,002
Total Liabilities $0
Net Assets $1,126,002
Compensation
Key Employees and Officers Compensation Other
Regions Bank As Corporate Co Truste (Co Trustee) $6,006 $0
Thomas F Garth (Co Trustee) $2,500 $0
John M Sirmon (Co Trustee) $1,500 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$108,036
Expenses
$72,413
Net Income
$35,623
Net Assets
$1,125,766
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $29,783
27.6%
Sales of Assets $78,253
72.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $64,676
89.3%
Compensation of Officers* $10,557
14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,125,766
Total Liabilities $0
Net Assets $1,125,766
Compensation
Key Employees and Officers Compensation Other
Regions Bank As Corporate Co Truste (Co Trustee) $6,057 $0
Thomas F Garth (Co Trustee) $2,500 $0
John M Sirmon (Co Trustee) $2,000 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$119,746
Expenses
$61,338
Net Income
$58,408
Net Assets
$1,090,364
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,581
23.9%
Sales of Assets $91,165
76.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $55,438
90.4%
Compensation of Officers* $10,449
17.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,090,364
Total Liabilities $0
Net Assets $1,090,364
Compensation
Key Employees and Officers Compensation Other
Regions Bank As Corporate Co Truste (Co Trustee) $5,949 $0
Thomas F Garth (Co Trustee) $2,500 $0
John M Sirmon (Co Trustee) $2,000 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$40,347
Expenses
$15,268
Net Income
$25,079
Net Assets
$1,031,961
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $27,364
67.8%
Sales of Assets $12,983
32.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $6,258
41.0%
Compensation of Officers* $10,241
67.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,031,962
Total Liabilities $1
Net Assets $1,031,961

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$83,800
Expenses
$41,370
Net Income
$42,430
Net Assets
$1,006,959
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $28,576
34.1%
Sales of Assets $55,224
65.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $35,481
85.8%
Compensation of Officers* $10,211
24.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,006,960
Total Liabilities $1
Net Assets $1,006,959

Document Links

Fiscal Year Ending Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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 Dec.
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

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 »

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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.
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