Civic Intelligence

The Duncan Fund

990PF • Fiscal year 2024 • EIN 74-6064309

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 10, 2025

600 Travis Suite 3550Houston, TX 77002

(713) 226-5035

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Source year 2024

Net Margin

10th percentile

-36%

Higher net margin than 10% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • $10M-$25M nonprofits • Source year 2024

Asset Growth

15th percentile

-4.8%

Faster asset growth than 15% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

32%

Faster revenue growth than 73% of similar nonprofits.

2024 filings • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$14,160,179

Down $720,431 (-4.8%) from 2023

Net Assets

Down

$14,159,472

Down $719,490 (-4.8%) from 2023

Liabilities

Down

$707

Down $941 (-57%) from 2023

Revenue

Up

$2,024,761

Up $489,955 (+32%) from 2023

Expenses

Down

$2,744,251

Down $198,022 (-6.7%) from 2023

Net Income

Up

-$719,490

Up $687,977 (+49%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $3,749,232Liabilities 2011: $02011Assets 2012: $3,628,044Liabilities 2012: $02012Assets 2013: $3,813,906Liabilities 2013: $02013Assets 2014: $9,007,844Liabilities 2014: $1,4682014Assets 2015: $7,491,968Liabilities 2015: $1432015Assets 2019: $17,212,175Liabilities 2019: $0Net Assets 2019: $17,212,1752019Assets 2020: $17,156,013Liabilities 2020: $0Net Assets 2020: $17,156,0132020Assets 2021: $16,876,477Liabilities 2021: $0Net Assets 2021: $16,876,4772021Assets 2022: $16,288,999Liabilities 2022: $2,570Net Assets 2022: $16,286,4292022Assets 2023: $14,880,610Liabilities 2023: $1,648Net Assets 2023: $14,878,9622023Assets 2024: $14,160,179Liabilities 2024: $707Net Assets 2024: $14,159,4722024

Highlighted filing

2024

Assets$14,160,179
Liabilities$707
Net Assets$14,159,472

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $139,519Expenses 2011: $287,930Net Income 2011: -$148,4112011Revenue 2012: $59,585Expenses 2012: $180,773Net Income 2012: -$121,1882012Revenue 2013: $357,394Expenses 2013: $127,669Net Income 2013: $229,7252013Revenue 2014: $5,364,264Expenses 2014: $176,794Net Income 2014: $5,187,4702014Revenue 2015: $234,114Expenses 2015: $1,748,665Net Income 2015: -$1,514,5512015Revenue 2019: $3,312,800Expenses 2019: $2,361,748Net Income 2019: $951,0522019Revenue 2020: $2,799,725Expenses 2020: $2,455,763Net Income 2020: $343,9622020Revenue 2021: $1,673,584Expenses 2021: $1,946,718Net Income 2021: -$273,1342021Revenue 2022: $2,255,655Expenses 2022: $2,841,408Net Income 2022: -$585,7532022Revenue 2023: $1,534,806Expenses 2023: $2,942,273Net Income 2023: -$1,407,4672023Revenue 2024: $2,024,761Expenses 2024: $2,744,251Net Income 2024: -$719,4902024

Highlighted filing

2024

Revenue$2,024,761
Expenses$2,744,251
Net Income-$719,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
A S DUNCANPresident-$0--
M A DINGUSVice President-$0--
C W DUNCAN IIIVice President-$0--
L D MEINHARDTSec/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Duncan Fund
EIN
74-6064309
Phone
7132265035
Address
600 TRAVIS SUITE 3550, HOUSTON, TX 77002

Signing Officer

Name
Charles W Duncan III
Title
Vice President
Phone
7132265035
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Preparer
Laura Meinhardt
Phone
7132265035
Raw XML Appendix304 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0THE DUNCAN FUND CO LAURA MEINHARDT
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0HOUSTON
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0TX
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd077002
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NO GRANTS MADE TO OR CONSIDERATIONS FROM INDIVIDUALS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NONE
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0ANNE S DUNCAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt02576558
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL CAPITAL CONTRIBUTION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0SEE DETAILS ON STATEMENT 3
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0600 TRAVIS STE 3550
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0HOUSTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0TX
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd077002
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt02576558
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt01155990
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01155990
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt01709805
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01532759
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0477308
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt01288522
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt01303158
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt01303158
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt06438427
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt01430033
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt01709805
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01532759
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0477308
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt01288522
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt02586023
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt01430033
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt07741585
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt06311552
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0INVESTMENT ADVISORY FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1INVESTMENT INTEREST EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2MISCELLANEOUS INVESTMENT EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4N/D EXPS EAGLE INCOME APPR. II LP K-1
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0112
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt074569
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt119213
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt221339
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt074569
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt119213
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt221339
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3112
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4307
OtherIncomeSchedule2/OtherIncomeDetail/Desc0EAGLE INCOME APPREC. II LP K-1
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt012844
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt042067
TaxesSchedule/TaxesDetail/Amt014946
TaxesSchedule/TaxesDetail/Amt118500
TaxesSchedule/TaxesDetail/CategoryTxt0TAX ON INVESTMENT INCOME
TaxesSchedule/TaxesDetail/CategoryTxt1INCOME TAX
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Charles W Duncan III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum07132265035
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DUNCAN FUND
ReturnHeader/Filer/BusinessNameControlTxt0DUNC
ReturnHeader/Filer/EIN0746064309
ReturnHeader/Filer/PhoneNum07132265035
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 TRAVIS SUITE 3550
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerPersonGrp/PhoneNum07132265035
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA MEINHARDT
ReturnHeader/ReturnTs02025-11-14T10:57:00-00:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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