Indianapolis, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Damar Foundation Inc, founded in 2013, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2024. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.0M, a strong 69% operating margin.
The Damar Foundation works to increase public awareness and financial support of Damar Services, Inc., an organization that has provided a range of charitable and educational services to children, youth, adults, and families for 50 years, and to maintain and preserve certain assets (real and personal) used in the delivery of the supported organization's programs. Services include residential and community-based treatment programs, outpatient, and educational services.
Support of the charitable, educational and other exempt purposes of Damar Services, Inc. through raising the visibility of Damar among supporters, families who benefit from the services...
Support of the charitable, educational and other exempt purposes of Damar Services, Inc. through raising the visibility of Damar among supporters, families who benefit from the services, policymakers, and members of the general public.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $10,161,614 | $3,393,389 | +2.0% |
| Expenses | $3,200,652 | $2,007,164 | +0.6% |
| Net Income | $6,960,962 | $1,386,225 | +4.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Bob Kort | Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Adam Cook | Director (Start 8/2/23) | 1.0 |
Director
|
$0 | $0 | $0 |
| Ali Fell | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Chris Wilkes | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Gary Harris | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Greg Keele | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Happy Dhani | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Lisa Grimes | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Mary Beth Oakes | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Shawn Collinsworth | President | 40.0 |
Officer
|
$213,461 | $39,935 | $306,761 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $10,161,614 | $3,200,652 | $78,502,791 | $6,960,962 |
| 2024 | $3,393,389 | $2,007,164 | $63,519,831 | $1,386,225 |
| 2023 | $4,510,159 | $2,285,217 | $59,592,245 | $2,224,942 |
| 2022 | $4,342,895 | $2,355,021 | $56,354,966 | $1,987,874 |
| 2021 | $4,890,477 | $2,710,494 | $59,448,355 | $2,179,983 |
| 2020 | $3,850,750 | $2,465,948 | $54,455,329 | $1,384,802 |
| 2019 | $7,697,170 | $2,247,142 | $48,444,856 | $5,450,028 |
| 2018 | $13,152,493 | $2,168,090 | $43,356,221 | $10,984,403 |
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