Kramden Institute Inc

Organization Overview

Kramden Institute Inc is located in Durham, NC. The organization was established in 2004. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2023, Kramden Institute Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kramden Institute 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 12/2023, Kramden Institute Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDNG TECHNOLOGY TOOLS AND TRAINING TO BRIDGE THE DIGITAL DIVIDE

Describe the Organization's Program Activity:

Part 3 - Line 4a

KRAMDEN'S MISSION IS ADVANCING EQUITABLE ACCESS TO DEVICES, CONNECTIVITY, AND TECHNOLOGY EDUCATION. SINCE 2003, KRAMDEN HAS AWARDED MORE THAN 55,000 COMPUTERS ACROSS NORTH CAROLINA, TAUGHT TECHNOLOGY SKILLS TO MORE THAN 12,000 PEOPLE OF ALL AGES, AND RECYCLED MORE THAN 2 MILLION POUNDS OF E- WASTE. KRAMDEN'S BIGGEST EXPENSE CATEGORIES ARE SALARIES FOR OUR EDUCATIONAL AND TECHNICAL OPERATIONS STAFF (60%), DEVICES AND PARTS (20%), AND DONATED EQUIPMENT ACQUISITION AND RECYCLING (20%). THESE CHIEF ACTIVITIES ENABLE US TO PROVIDE REFURBISHED DESKTOPS TO K-12 STUDENTS (KTS PROGRAM), LOW COST DEVICES TO LOW INCOME ADULTS (TAP PROGRAM) AND TO NON- PROFIT ORGANIZATIONS, SCHOOLS, AND CHURCHES (TECH EQUIPMENT PARTNERS PROGRAM), AND DEVICES TO PEOPLE WHO COMPLETE A FREE 8-HOUR COMPUTER BASICS CLASS.


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Board, Officers & Key Employees

Name (title)Compensation
Cyndy Yu-Robinson
Ed
$94,773
John Wilson
Chair
$0
Derek Kelly
Vice Chair
$0
Richard Martin CPA
Treasurer
$0
Dave Costar
Secretary
$0
Mark D Dibner
Founder
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,056,276
Noncash contributions included in lines 1a–1f $560,594
Total Revenue from Contributions, Gifts, Grants & Similar$1,056,276
Total Program Service Revenue$1,112,023
Investment income $21,973
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,191,878

Peer Organizations

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