Drumm Center For Children Inc
- Assets
- $21.1m
- Revenue
- $3.3m
- Investments
- $112.7k
- Employees
- 56
- Location
- Independence, MO
- Founding
- 06/1948
- Data as of
- 08/2023
- EIN
- 44-0569643
Organization Overview
Drumm Center For Children Inc is located in Independence, MO. The organization was established in 1948. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2023, Drumm Center For Children Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drumm Center For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Drumm Center For Children Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $3.3m during the year ending 08/2023. While expenses have increased by 8.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE STABLE, NURTURING ENVIRONMENT FOR CHILDREN IN FOSTER CARE. KEEP SIBLINGS TOGETHER WHENEVER POSSIBLE. INSPIRE LIFE-LONG CONNECTIONS BY BEING A RESOURCE FOR CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE STABLE, NURTURING ENVIRONMENT FOR CHILDREN IN FOSTER CARE. KEEP SIBLINGS TOGETHER WHENEVER POSSIBLE. INSPIRE LIFE-LONG CONNECTIONS BY BEING A RESOURCE FOR CHILDREN AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danica Fuimaono Director | Trustee | 1.5 | $0 |
Clifford Mohn Director | Trustee | 1.5 | $0 |
Alan Moore Director | Trustee | 1.5 | $0 |
Bruce Kusmin Director | Trustee | 1.5 | $0 |
Larry Blick Director | Trustee | 1.5 | $0 |
Spencer Webster ESQ Director | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pollard Orf & Associates Construction | 8/30/23 | $884,650 |
Premier Roofing Of Kc Llc Roofing | 8/30/23 | $120,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $79,569 |
| Related organizations | $0 |
| Government grants | $554,987 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,927,567 |
| Noncash contributions included in lines 1a–1f | $194,605 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,562,123 |
| Total Program Service Revenue | $141,740 |
| Investment income | $212,037 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $235,881 |
| Net Gain/Loss on Asset Sales | -$332,226 |
| Net Income from Fundraising Events | $270,686 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,274,595 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,037 |
| Compensation of current officers, directors, key employees. | $62,388 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,119,773 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $198,258 |
| Payroll taxes | $94,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,996 |
| Fees for services: Accounting | $20,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,542 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25,904 |
| Office expenses | $52,746 |
| Information technology | $10,594 |
| Royalties | $0 |
| Occupancy | $522,818 |
| Travel | $4,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,463 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $496,791 |
| Insurance | $116,652 |
| All other expenses | $138,810 |
| Total functional expenses | $3,303,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,075 |
| Savings and temporary cash investments | $338,217 |
| Pledges and grants receivable | $962,168 |
| Accounts receivable, net | $274 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,132 |
| Net Land, buildings, and equipment | $11,417,282 |
| Investments—publicly traded securities | $7,744,940 |
| Investments—other securities | $112,749 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $323,092 |
| Total assets | $21,101,929 |
| Accounts payable and accrued expenses | $175,228 |
| Grants payable | $0 |
| Deferred revenue | $463,103 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $837,672 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $323,092 |
| Total liabilities | $1,799,095 |
| Net assets without donor restrictions | $13,060,897 |
| Net assets with donor restrictions | $6,241,937 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,101,929 |