THE DRUMTHWACKET FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Phone

6096830057

Tax Period

2024-01-01 to 2024-12-31

THE DRUMTHWACKET FOUNDATION INC, founded in 1990, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $858K, a strong 32% operating margin.

Mission

TO INSPIRE PRIDE AND ENHANCE CIVIC AWARENESS FOR ALL NEW JERSEYANS BY RESTORING THE HISTORIC DRUMTHWACKET PROPERTY, THE OFFICIAL RESIDENCE ON NJ GOVERNORS, AND BY EDUCATIONAL ACTIVITIES THAT RECOGNIZE THE RICH DIVERSITY AND ONGOING CONTRIBUTIONS OF NEW JERSEY'S COMMUNITIES AND IT'S RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $1,616,559

1.FACILITY PROJECTS - EXPENSES INCURRED TO PROMOTE PUBLIC INTEREST IN DRUMTHWACKET AND TO SUPPORT ITS RESTORATION AND RENOVATIONS.2.DISCOVER DRUMTHWACKET FIELD TRIP PROGRAM - THE GOALS OF THE...

1.FACILITY PROJECTS - EXPENSES INCURRED TO PROMOTE PUBLIC INTEREST IN DRUMTHWACKET AND TO SUPPORT ITS RESTORATION AND RENOVATIONS.2.DISCOVER DRUMTHWACKET FIELD TRIP PROGRAM - THE GOALS OF THE DISCOVER DRUMTHWACKET FIELD TRIP PROGRAM ARE TO PROMOTE AN UNDERSTANDING OF NEW JERSEY HISTORY, PRIDE IN THE HERITAGE OF NJ AND AN AWARENESS OF LEADERSHIP AND GOOD CITIZENSHIP TO VISITING SCHOOL CHILDREN. 3.VARIOUS OTHER PROGRAMS TO SUPPORT THE MISSION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,554,234

Program Service Revenue $0

Investment Income $107,321

Other Revenue $3,387

TOTAL REVENUE $2,664,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,958

Fundraising Expenses $131,897

Program Expenses $1,616,559

Other Expenses $1,516,911

TOTAL EXPENSES $1,806,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,664,942	$1,220,728	+1.2%
Expenses	$1,806,869	$1,165,621	+0.6%
Net Income	$858,073	$55,107	+14.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBYN BRENNER	EXECUTIVE DIRECTOR	40.00		$152,690	$0	$152,690
STEFFANIE ARCHBALD	Trustee	0.50	Director	$0	$0	$0
TAMMY MURPHY	President	1.00	Officer Director	$0	$0	$0
MITCHELL LIVINGSTON	Chairman	1.00	Officer Director	$0	$0	$0
RUTHI BYRNE	Trustee	0.50	Director	$0	$0	$0
AMY CRADIC	Trustee	0.50	Director	$0	$0	$0
ULISES DIAZ	Trustee	0.50	Director	$0	$0	$0
FRANK GIANTOMASI	Trustee	0.50	Director	$0	$0	$0
THOMAS J ANGELL	Treasurer	1.00	Officer Director	$0	$0	$0
GERRY GIBBS	Trustee	0.50	Director	$0	$0	$0
WHOOPI GOLDBERG	Trustee	0.50	Director	$0	$0	$0
DENNIS DRAZIN	Trustee	0.50	Director	$0	$0	$0
DR BALPREET GREWAL-VIRK	Trustee	0.50	Director	$0	$0	$0
JACQUELINE COLGAN	Trustee	0.50	Director	$0	$0	$0
JOSEPH R JINGOLI	Trustee	0.50	Director	$0	$0	$0
JOE HESSIAN	Trustee	0.50	Director	$0	$0	$0
DR KHYATI JOSHI	Trustee	0.50	Director	$0	$0	$0
MUNR KAZMIR	Trustee	0.50	Director	$0	$0	$0
PHYLLIS LACCA	Trustee	0.50	Director	$0	$0	$0
MIKE LAUGHLIN	Trustee	0.50	Director	$0	$0	$0
EILEEN KEAN	Trustee	0.50	Director	$0	$0	$0
JEFFREY T MICHAELS	Trustee	0.50	Director	$0	$0	$0
LOUIS MAGAZZU	Trustee	0.50	Director	$0	$0	$0
DAVID PASCRELL	Vice President	0.50	Officer Director	$0	$0	$0
MELISSA ORSEN	Trustee	0.50	Director	$0	$0	$0
AQUATIA OWENS	Trustee	0.50	Director	$0	$0	$0
PATRIZIA ZITA	Secretary	0.50	Director	$0	$0	$0
BRAXTON PLUMMER	Trustee	0.50	Director	$0	$0	$0
WILLIAM SPROULE	Trustee	0.50	Director	$0	$0	$0
VERONICA SULLIVAN	Trustee	0.50	Director	$0	$0	$0
SCOTT TAPP	Trustee	0.50	Director	$0	$0	$0
SHEILA ROSTIAC	AUDIT CHAIR	0.50	Director	$0	$0	$0
JAMES ROBINSON	ADVISORY COMMIT	0.50	Director	$0	$0	$0
ERIC SHUFFLER	Trustee	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,664,942	$1,806,869	$10,553,095	$858,073
2023	$1,220,728	$1,165,621	$9,599,649	$55,107
2022	$1,353,816	$920,030	$9,425,733	$433,786
2021	$1,166,541	$856,728	$8,243,350	$309,813
2020	$1,563,838	$594,363	$7,882,414	$969,475
2019	$2,506,073	$722,620	$6,857,525	$1,783,453
2018	$1,373,677	$646,130	$4,943,781	$727,547