THE DRUMTHWACKET FOUNDATION INC

EIN: 222429563 501(c)(3)

PRINCETON, NJ

Total Revenue
$2,664,942
Total Expenses
$1,806,869
Total Assets
$10,553,095
Net Assets
$9,878,014
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NJ
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.

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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%)

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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

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Liquidity & Cash Position

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

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Governance

Voting Members
24
Independent Members
24
Employees
1
Volunteers
44

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
4
$0
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
0
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
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