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Damar Foundation INC

Public charity990-T FY2023
DBA: % OCTAVIUS MOLTON
Other · INDIANAPOLIS, IN · EIN 46-4444224

About

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.

In care of Octavius Molton

Donations are tax-deductible
Category
Other
Employees
6
Volunteers
50

Financial Snapshot

FY ending 2023-06-30
Revenue
$4.5M
Expenses
$2.3M
Assets
$59.6M
Liabilities
$147K

Financial history

$13.2M$6.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $4.5M · Peak FY2018: $13.2M · Avg: $5.8M
DAMAR FOUNDATION INC
Your actions

Address

6067 Decatur BLVD
Indianapolis, IN, 46241-960

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %72.1%
Permanent endowment %27.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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