Public Charity

DRMA FOUNDATION

Based in DAYTON, OH, DRMA FOUNDATION operates as a Public Charity. The organization reported $477K in revenue, $362K in expenses, $444K in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $17K.

EIN: 300016988 DAYTON, OH Management & Technical Assistance NTEE: B02 Latest filing: 2024
Total Revenue$477K
Total Expenses$362K
Total Assets$444K
Grant Records3
Funding Total$17K
Filing Years2020–2024

Mission

THE DRMA FOUNDATION PROVIDES FUNDING FOR DRMA INITIATIVES DEDICATED TO BUILDING AND SUSTAINING A QUALIFIED WORKFORCE FOR THE REGION'S MANUFACTURING INDUSTRY.

Where $100 goes at Drma Foundation

How Drma Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$47
Funds drma's workforce initiatives, which are overseen by drma's Dayton region manufacturing workforce partnership (drmwp), an oma-endorsed sector partnership, whose purpose is to develop and execute new and…
50% of program spending
$47
Funds drma initiatives that support educational institutions by providing advice on curriculum, equipment, and outreach
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY/TREAS Angelia Erbaugh
DIRECTOR Bill Budde
CHAIR David Reger
VICE CHAIRMAN Jon Schmiedebusch
PAST CHAIR Patty Breig

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$17,415 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $477K $362K $444K
2023 $403K $318K $243K
2022 $169K $174K $176K
2021 $231K $152K $162K
2020 $147K $123K $74K

Between 2020 and 2024, reported annual revenue grew from $147K to $477K (+225%), with total assets most recently reported at $444K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DRMA FOUNDATION

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