THE DRAKE GIVES (EIN 844335326) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

ALEC GLASSER

Phone

9494667612

Tax Period

2023-01-01 to 2023-12-31

THE DRAKE GIVES, founded in 2019, is a small nonprofit in the Animal-Related sector that reported $904K in total revenue in fiscal year 2023. The organization ran a surplus of $372K, a strong 41% operating margin.

Mission

PROVIDE UNDERSERVED YOUTH WITH MUSIC EDUCATION, MATERIALS AND INSTRUMENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $904,334

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $904,334

Expense Breakdown

Grants Paid $369,150

Salaries & Benefits $0

Fundraising Expenses $140,530

Program Expenses $369,150

Other Expenses $23,010

TOTAL EXPENSES $532,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$904,334	$838,249	+0.1%
Expenses	$532,690	$345,086	+0.5%
Net Income	$371,644	$493,163	-0.2%

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

N/A

Employees

N/A

Volunteers

N/A

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
ALEC GLASSER	CEO	10.00	Officer Director	$0	$0	$0
WENDY MISNER	CFO, SECRETARY	40.00	Officer	$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	No data	No data	No data	No data
2023	$904,334	$532,690	$1,038,844	$371,644
2022	$838,249	$343,566	$667,199	$494,683
2021	$233,000	$60,483	$172,615	$172,517

THE DRAKE GIVES