Drummond Family Foundation
EIN: 611829707 · Stillwater, OK · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $154K |
| Total Expenses | $18K |
| Net Assets | $751K |
Is Drummond Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Drummond Family Foundation
Drummond Family Foundation (EIN: 611829707) is a nonprofit organization based in Stillwater, OK, classified under NTEE code T20. The organization reported total revenue of $154K and total assets of $666K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drummond Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drummond Family Foundation is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 44.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $189K |
| Total Expenses | $18K |
| Surplus / Deficit | +$171K |
| Total Assets | $751K |
| Total Liabilities | $1 |
| Net Assets | $751K |
| Operating Margin | 90.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 506.3 months |
Financial Health Grade: A
In 2023, Drummond Family Foundation reported a surplus of $171K with revenue exceeding expenses, holds 506.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Drummond Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -104.9% | +22.2% | -19.6% |
| 2020 | -118.5% | +4.0% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Drummond Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Drummond Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Drummond Family Foundation
Is Drummond Family Foundation a legitimate charity?
Drummond Family Foundation (EIN: 611829707) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. Total revenue: $154K. No red flags identified. Financial health grade: A.
How does Drummond Family Foundation spend its money?
Drummond Family Foundation reported $154K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Drummond Family Foundation tax-deductible?
Drummond Family Foundation is registered as a tax-exempt nonprofit (EIN: 611829707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Drummond Family Foundation located?
Drummond Family Foundation is headquartered in Stillwater, Oklahoma and files with the IRS under EIN 611829707. It is classified under NTEE code T20.
How many years of IRS 990 filings does Drummond Family Foundation have?
Drummond Family Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $154K in total revenue.
Filing History
IRS 990 filing history for Drummond Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Drummond Family Foundation's revenue has grown by 333.8%, moving from $43K to $189K. Total assets decreased by 14.1% over the same period, from $874K to $751K. Total functional expenses fell by 82.6%, from $102K to $18K. In its most recent filing year (2023), Drummond Family Foundation reported a surplus of $171K, with revenue exceeding expenses. The organization holds $1 in liabilities against $751K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $751K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $189K | $18K | $751K | $1 | — | View 990 |
| 2022 | $-3,633 | $138K | $580K | $1 | — | View 990 |
| 2021 | $74K | $113K | $721K | $1 | — | View 990 |
| 2020 | $-8,058 | $107K | $760K | $1 | — | — |
| 2019 | $43K | $102K | $874K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $189K, expenses of $18K, and assets of $751K.
- 2022: Revenue of $-3,633, expenses of $138K, and assets of $580K (revenue -104.9% year-over-year).
- 2021: Revenue of $74K, expenses of $113K, and assets of $721K.
- 2020: Revenue of $-8,058, expenses of $107K, and assets of $760K (revenue -118.5% year-over-year).
- 2019: Revenue of $43K, expenses of $102K, and assets of $874K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drummond Family Foundation:
Data Sources and Methodology
This transparency report for Drummond Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.