An EIN is a unique nine-digit number that identifies a business for tax purposes.
An EIN is a unique nine-digit number that identifies a business for tax purposes.
Organization Mission
The mission of the Darren Drake Foundation is to support the learning and development of individuals pursuing vocational careers. We will pursue this mission by prov ... (More)
Rating Information
Great
This charity's score is 98%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.
Charity Navigator's ratings previously did not consider Leadership & Adaptability, Culture & Community, or Impact & Measurement. The historic rating mainly reflects a version of today’s Accountability and Finance score. More information on our previous rating methodologies can be found on our rating methodology page.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
Darren Drake Foundation Inc. cannot currently be evaluated by our Accountability & Finance methodology due to only having one year of electronically-filed IRS Form 990 data.
To ensure year-to-year consistency the Encompass Rating System's Accountability & Finance beacon analyzes the three-year average of some data provided through the IRS 990.
Charity Navigator currently only has one year of consecutive e-filed Forms 990 from the IRS for Darren Drake Foundation Inc. under the EIN: 82-4924145.
Before Charity Navigator can evaluate Darren Drake Foundation Inc., Darren Drake Foundation Inc. will need to e-file for additional fiscal years.
Revenue and expense data is not available for this organization. This data is only available if this organization has at least one year of electronically-filed Form 990 data filed within the last $six years.
Salary of Key Persons - No Data Available
No Data Available
Salary of Key Persons data is currently unavailable for this organization. This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last 3 years. In some cases, there may be an electronically-filed 990 on file but the nonprofit may have not included the information and therefore we cannot post it.
IRS Published Data (Business Master File) - Data Available
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15)
Affiliation:
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)
Data Sources (IRS Forms 990) - Data Available
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage accountability and finance data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Darren Drake Foundation Inc.) or EIN (824924145) in the 'Search Term' field.
Impact & Measurement
Score
100
This beacon estimates the actual impact a charity has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.
$640 increases income for a scholarship recipient by $1,489
Program Context
Darren Drake Foundation: This program grants scholarships to beneficiaries.
Data Time Period
1/1/22 to 12/31/22
Benchmark for Scoring
Impact scores of postsecondary scholarship programs are based on income generated relative to cost. Programs receive an Impact score of 100 if they increase income for a recipient by more than $1.25 for every $1 spent and a score of 80 if income increases by more than $0.80 for every $1 spent. If a nonprofit reports impact but doesn't meet the benchmark for cost-effectiveness, it earns a score of 65. This program increases income for a scholarship recipient by more than $1.25 for every $1 spent.
Methodology
This impact score was determined through the Postsecondary Scholarships methodology which is fully detailed in the Charity Navigator Guide to Ratings. Analysis conducted in 2024 by Charity Navigator using data submitted by the nonprofit, theory and evidence from scientific research studies, and public datasets.
Data Source
The nonprofit submitted data on the dollar value of all scholarships it grants and the number of scholarship recipients, which we use to calculate the additional income that the nonprofit's scholarship program generates.
Measurement
Unscored
0% of Impact & Measurement score
Culture & Community
Score
79
This beacon provides an assessment of the organization's culture and connectedness to the community it serves.
Equity Strategies™ - Number of Data, Policies & Processes
79 out of 100 points
This organization's score of 79 is a passing score. The organization reported that it is implementing 4 Equity Practices.
The metric is based on the elements of the Equity Strategies™ checklist, developed by Equity in the Center™.
Leadership & Adaptability
Score
100
This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission.
The mission of the Darren Drake Foundation is to support the learning and development of individuals pursuing vocational careers. We will pursue this mission by providing financial assistance in the form of monetary scholarship awards, to be used by the honorees towards the tuition of a vocational school program. Qualified candidates will complete an annual application process, and honorees will be selected by a board of Foundation members responsible for the selection and awarding of scholarship funds.
Vision Statement
10 out of 10 points
The nonprofit organization presents evidence of strategic thinking through articulating the organization's vision.
When Darren served on the New Milford Board of Education, he saw the oncoming shortage of skilled la
Strategic Goals
20 out of 20 points
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: We are committed to pursuing our mission and vision to ensure that individuals seeking vocational education and careers - careers critical to our society - receive financial support in their journey.
Goal Two: Our pursuit of funding is directly driven by our desire to award educational grant funds to as many people as we can. The more we raise, the more people we can help.
Goal Three: In the interest of awarding as many educational grants as possible, we intend to focus on programs that are relevant and provide the most ROI, to ensure we can maximize revenue usage for grants.
Leadership
30 out of 30 points
Full Credit
Partial Credit
No Credit
Investment in Leadership Development
15 out of 15 points
External Focus on Mobilizing Mission
15 out of 15 points
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
Strategic Partnerships
Social Promotion
Civic Engagement
Public Policy Advocacy
Adaptability
30 out of 30 points
Full Credit
Partial Credit
No Credit
Adaptability Statement
30 out of 30 points
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
As a result of the COVID-19 pandemic, we have not been able to hold our major in-person fundraising events. Instead we have had to turn to digital / virtual fundraising campaigns. This has led to somewhat of a grassroots fundraising effort, where our loyal supporters have taken to social media to raise funds, while also raising awareness. We have leveraged posts from like-minded people and organizations to raise awareness to our mission and vision, and the results have been very positive, all things considered. This pivot in emphasis has really helped springboard our digital efforts, and we intend to maintain this level of emphasis going forward.