DRAKE STATE TECHNICAL COLLEGE FOUNDATION is a Public Charity headquartered in HUNTSVILLE, AL. Financial data from the 2024 filing: $1.3M revenue, $140K expenses, $1.5M total assets. 14 publicly reported grants to this organization, totaling roughly $458K, appear in IRS filings.
THE FOUNDATION EXISTS TO RAISE AND MANAGE PRIVATE RESOURCES SUPPORTING THE MISSION AND PRIORITIES OF THE COLLEGE AND TO PROVIDE OPPORTUNITIES FOR STUDENTS AND A MARGIN OF INSTITUTIONAL EXCELLENCE NOT ACHIEVABLE WITH INSTITUTIONAL FUNDS ALONE. THE FOUNDATION IS DEDICATED TO ASSISTING THE COLLEGE IN THE BUILDING OF AN ENDOWMENT, AND IN ADDRESSING, THROUGH FINANCIAL SUPPORT, THE LONG-TERM ACADEMIC AND OTHER PRIORITIES OF THE COLLEGE.
How Drake State Technical College Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
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.
Showing up to 5 of 14 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3M | $140K | $1.5M |
| 2023 | $320K | $248K | $384K |
| 2022 | $229K | $89K | $312K |
Between 2022 and 2024, reported annual revenue grew from $229K to $1.3M (+457%), with total assets most recently reported at $1.5M.
Interactive year-over-year charts and full filing details available with membership.
