The Darren Waller Foundation Inc
- Assets
- $174.0k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, KY
- Founding
- Data as of
- 12/2022
- EIN
- 84-4787539
Organization Overview
The Darren Waller Foundation Inc is located in Covington, KY. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darren Waller Foundation 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 12/2022, Darren Waller Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FOUNDATION IS TO EQUIP YOUTH TO AVOID AND OVERCOME ADDICTION TO DRUGS AND ALCOHOL AND SUPPORT YOUTH AND THEIR FAMILIES DURING THEIR RECOVERY AND TREATMENT JOURNEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WALL TALKS. STUDENTS WHO LACK POSITIVE ADULT INFLUENCES, EXPERIENCE CHANGING SOCIAL ENVIRONMENTS AND DO NOT FIT IN SOCIALLY, ARE AT A HIGHER RISK OF ENGAGING IN SUBSTANCE ABUSE AND MISUSE. THESE WALL TALKS ARE RECORDED AND AVAILABLE IN THE FOUNDATIONS ONLINE COMMUNITY; AS WELL AS PROVIDED TO SCHOOLS, CHURCHES, AND COMMUNITY CENTERS. ON SEPTEMBER 27, 2022, DARREN WALLER AND THE FOUNDATION PROVIDED A SPEECH, HIS WALL TALK, TO NEARLY 300 SERVICE MEN AND WOMEN AT THE NELLIS AIR FORCE BASE IN NEVADA.
AGAINST THE WALL FUND - FOCUSED ON THE TREATMENT MANDATE OF THE FOUNDATION'S MISSION. AGAINST THE WALL IS A GRANT PROGRAM THAT WILL PROVIDE GRANTS TO QUALIFYING FAMILIES WHO CANNOT AFFORD A PORTION OR THE ENTIRETY OF THE 30-DAY TREATMENT FOR THEIR DEPENDENT'S (AGES 18 - 26) ADDICTION. THE PROGRAM WILL INITIALLY SERVE INDIVIDUALS LIVING IN NEVADA AND TREATMENT WILL TAKE PLACE IN NEVADA ADDICTION TREATMENT FACILITIES. THE PROGRAM ALSO PROVIDES GRANTS FOR INDIVIDUALS TO RECEIVE AFTERCARE FOLLOWING THEIR INPATIENT TREATMENT, INCLUDING SOBER LIVING HOUSING AND INTENSIVE OUTPATIENT PROGRAMS.
GENERAL ASSISTANCE TO EQUIP YOUTH TO AVOID AND OVERCOME ADDICTION TO DRUGS AND ALCOHOL AND SUPPORT YOUTH AND THEIR FAMILIES DURING THEIR RECOVERY AND TREATMENT JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Prentice Secretary | OfficerTrustee | 2 | $0 |
Terry Prentice Treasurer | OfficerTrustee | 2 | $0 |
Charlena Waller Vice Preside | OfficerTrustee | 2 | $0 |
Darren Waller President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $399,136 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $311,350 |
| Noncash contributions included in lines 1a–1f | $264,830 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $710,486 |
| Total Program Service Revenue | $0 |
| Investment income | $50 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $296,064 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,006,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $384,700 |
| Grants and other assistance to domestic individuals. | $76,320 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $296,802 |
| Fees for services: Legal | $5,028 |
| Fees for services: Accounting | $444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,871 |
| Advertising and promotion | $128,116 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $39,383 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $873 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,418 |
| All other expenses | $0 |
| Total functional expenses | $1,084,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,727 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,278 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $27,996 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,001 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $174,001 |
| Net assets with donor restrictions | $0 |
| 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 | $174,001 |
Grants Awarded
Over the last fiscal year, The Darren Waller Foundation Inc has awarded $384,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL RECOVERY | | | $203,700 |
SHINE A LIGHT FOUNDATION PURPOSE: GRANT | $181,000 |