Drw Foundation
Drw Foundation consistently operates with zero officer compensation and low liabilities, distributing grants with revenues around $2.6 million.
EIN: 201734765 · Chicago, IL · NTEE: T12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $2.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.6 |
| Net Assets | $413K |
| Transparency Score | 85/100 |
Is Drw Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Drw Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Drw Foundation
Drw Foundation (EIN: 201734765) is a nonprofit organization based in Chicago, IL, classified under NTEE code T12. The organization reported total revenue of $2.7M and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Drw Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Drw Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$36K |
| Total Assets | $413K |
| Total Liabilities | $1 |
| Net Assets | $413K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Drw Foundation reported a surplus of $36K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Drw Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | +17.9% | +48.1% |
| 2022 | +19.0% | +52.6% | -28.8% |
| 2021 | -10.8% | -26.7% | +95.7% |
| 2020 | +238.9% | +262.4% | -17.1% |
| 2019 | -14.7% | -21.1% | -63.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Drw Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Drw Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated by the foundation, which is highly favorable for a nonprofit of its size with recent revenues around $2.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Drw Foundation:
- Consistent 0% officer compensation, indicating efficient use of funds at the executive level.
- Very low liabilities in recent years, suggesting strong financial stability and minimal debt.
- Regular IRS 990 filings (10 filings), demonstrating good transparency and compliance.
- Consistent revenue generation around $2 million in recent years, supporting ongoing grantmaking activities.
Frequently Asked Questions about Drw Foundation
Is Drw Foundation a legitimate charity?
Drw Foundation (EIN: 201734765) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Drw Foundation spend its money?
Drw Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Drw Foundation tax-deductible?
Drw Foundation is registered as a tax-exempt nonprofit (EIN: 201734765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Drw Foundation CEO make?
Drw Foundation's highest-compensated officer earns $2.6 annually. The organization reported $2.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Drw Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Drw Foundation is above average for NTEE category T12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Drw Foundation located?
Drw Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 201734765. It is classified under NTEE code T12.
How many years of IRS 990 filings does Drw Foundation have?
Drw Foundation has 10 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 $2.7M in total revenue.
What is the primary focus of Drw Foundation's grantmaking?
As a grantmaking foundation (NTEE T12), the Drw Foundation's primary focus is distributing funds to other organizations. The specific areas or causes it supports would require reviewing its grant recipient lists or mission statement, which are not provided in the financial data.
How has the foundation's asset base changed over time?
The foundation's assets have seen significant fluctuation, peaking at $2,826,040 in 2012 and decreasing to $412,736 by 2023. This suggests a strategy of distributing assets rather than accumulating them, which is common for grantmaking foundations.
Does the Drw Foundation engage in fundraising activities?
Given its nature as a private grantmaking foundation and the consistent reporting of 0% officer compensation, it is highly probable that the Drw Foundation does not engage in public fundraising activities, relying instead on its endowment or contributions from its founders/affiliates. This is reflected in the 0% allocated to fundraising in the spending breakdown.
Filing History
IRS 990 filing history for Drw Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Drw Foundation's revenue has grown by 220.7%, moving from $824K to $2.6M. Total assets decreased by 68.5% over the same period, from $1.3M to $413K. Total functional expenses rose by 629.4%, from $357K to $2.6M. In its most recent filing year (2023), Drw Foundation reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1 in liabilities against $413K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $413K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $413K | $1 | — | View 990 |
| 2022 | $2.1M | $2.2M | $279K | $1 | — | View 990 |
| 2021 | $1.8M | $1.4M | $391K | $14 | — | View 990 |
| 2020 | $2.0M | $2.0M | $200K | $200K | — | — |
| 2019 | $586K | $546K | $241K | $200K | — | View 990 |
| 2015 | $687K | $692K | $659K | $816 | — | View 990 |
| 2014 | $184K | $1.4M | $655K | $11K | — | View 990 |
| 2013 | $249K | $1.2M | $2.0M | $164K | — | View 990 |
| 2012 | $2.3M | $595K | $2.8M | $43K | — | View 990 |
| 2011 | $824K | $357K | $1.3M | $277K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $413K (revenue +25.4% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.2M, and assets of $279K (revenue +19.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.4M, and assets of $391K (revenue -10.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $200K (revenue +238.9% year-over-year).
- 2019: Revenue of $586K, expenses of $546K, and assets of $241K (revenue -14.7% year-over-year).
- 2015: Revenue of $687K, expenses of $692K, and assets of $659K (revenue +272.2% year-over-year).
- 2014: Revenue of $184K, expenses of $1.4M, and assets of $655K (revenue -26.0% year-over-year).
- 2013: Revenue of $249K, expenses of $1.2M, and assets of $2.0M (revenue -89.4% year-over-year).
- 2012: Revenue of $2.3M, expenses of $595K, and assets of $2.8M (revenue +184.5% year-over-year).
- 2011: Revenue of $824K, expenses of $357K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Drw Foundation:
Data Sources and Methodology
This transparency report for Drw 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.