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DRAKE UNIVERSITY

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Public IRS 990 nonprofit record

DRAKE UNIVERSITY

EIN 42-0680460 · Education (B430)

What they do

SEE SCHEDULE O.DRAKES MISSION is to PROVIDE AN EXCEPTIONAL LEARNING ENVIRONMENT THAT PREPARES STUDENTS for MEANINGFUL PERSONAL LIVES, PROFESSIONAL ACCOMPLISHMENTS, and RESPONSIBLE GLOBAL CITIZENSHIP. THE DRAKE EXPERIENCE is DISTINGUISHED BY COLLABORATIVE LEARNING AMONG STUDENTS, FACULTY, and STAFF and BY THE INTEGRATION of THE LIBERAL ARTS and SCIENCES WITH PROFESSIONAL PREPARATION.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $89.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

86.45%of revenue went to mission work89.9% of expenses · Program services
1.37%of revenue went to fundraising1.4% of expenses
$96.11spent for every $100 of revenueRevenue covered expenses this year.
8.29%of revenue went to management and office costs8.6% of expenses
$2.55in assets for every $1 spent this yearSome assets cannot be spent right away.
15.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $813,542 for EARL MARTIN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$256,277,389
Mission workProgram services$221,542,09286.45% of revenue89.9% of expenses
ManagementOffice and general costs$21,246,2008.29% of revenue8.6% of expenses
FundraisingAsking for donations$3,507,6261.37% of revenue1.4% of expenses
Revenue left after expensesReported annual surplus$9,981,4713.89% of revenueShown in gray on the chart
Total expenses$246,295,91896.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 89.9% mission · 8.6% management · 1.4% fundraisingTotal expenses: 96.11% of revenue
2023Expense mix: 89.7% mission · 8.8% management · 1.5% fundraisingTotal expenses: 95.21% of revenue
2022Expense mix: 83.4% mission · 15.1% management · 1.5% fundraisingTotal expenses: 95.08% of revenue
2021Expense mix: 93.1% mission · 5.2% management · 1.7% fundraisingTotal expenses: 94.08% of revenue
2020Expense mix: 93.4% mission · 5.2% management · 1.4% fundraisingTotal expenses: 88.83% of revenue
2019Expense mix: 93.5% mission · 4.9% management · 1.6% fundraisingTotal expenses: 99.44% of revenue
2018Expense mix: 93.8% mission · 4.5% management · 1.7% fundraisingTotal expenses: 94.84% of revenue
2017Expense mix: 93.4% mission · 5.0% management · 1.7% fundraisingTotal expenses: 92.06% of revenue

Money in and money out

Revenue$256,277,389
Expenses$246,295,918
Annual surplus $9,981,471 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$221,542,092 · 89.9% of expenses
Management and office costs$21,246,200 · 8.6% of expenses
Fundraising$3,507,626 · 1.4% of expenses
See all reported dollar amounts
Revenue$256,277,389
Expenses$246,295,918
Assets$628,340,806
Income$363,280,610
Contributions$39,204,664
Mission work (program services)$221,542,092
Fundraising$3,507,626
Management and general$21,246,200
Stocks and bonds$110,407,372
Accounting fees$190,740
Investing fees$988,594
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
EARL MARTINPRESIDENT · 40 hrs/week $813,542Base $655,175 · Other $158,367
BENJAMIN MCCOLLUMHEAD MENS BASKETBALL COACH · 40 hrs/week $533,378Base $489,243 · Other $44,135
DARIAN DEVRIESFORMER MENS B-BALL COACH (4/30/24) · 40 hrs/week $386,191Base $369,080 · Other $17,111
BRIAN HARDINDIRECTOR OF ATHLETICS · 40 hrs/week $299,283Base $256,175 · Other $43,108
ALLISON POHLMANHEAD WOMENS BASKETBALL COACH · 40 hrs/week $299,192Base $281,364 · Other $17,828
SUE MATTISONPROVOST · 40 hrs/week $275,756Base $244,267 · Other $31,489
JERRY ANDERSONPROFESSOR OF LAW · 40 hrs/week $275,720Base $246,906 · Other $28,814
JOHN SMITHVICE PRESIDENT INST. ADVANCEMENT · 40 hrs/week $268,522Base $228,384 · Other $40,138
ADAM VOIGTSCFO AND TREASURER · 40 hrs/week $250,953Base $211,664 · Other $39,289
VENESSA KUHLMANN-MACROCHIEF ADMINISTRATION OFFICER · 40 hrs/week $234,574Base $195,907 · Other $38,667

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

EARL MARTINPRESIDENT

BENJAMIN MCCOLLUMHEAD MENS BASKETBALL COACH

DARIAN DEVRIESFORMER MENS B-BALL COACH (4/30/24)

BRIAN HARDINDIRECTOR OF ATHLETICS

ALLISON POHLMANHEAD WOMENS BASKETBALL COACH

SUE MATTISONPROVOST

JERRY ANDERSONPROFESSOR OF LAW

JOHN SMITHVICE PRESIDENT INST. ADVANCEMENT

ADAM VOIGTSCFO AND TREASURER

VENESSA KUHLMANN-MACROCHIEF ADMINISTRATION OFFICER

ESFAND DINSHAWTRUSTEE (STARTED 10/1/24)

TOM BERNAUTRUSTEE

TIFFANY TAUSCHECKTRUSTEE (STARTED 10/1/24)

SUZIE BURTTRUSTEE

AMY OHDETRUSTEE

RUDOLPH D TREBELSTRUSTEE

RACHEL MCLEANTRUSTEE

PETER COWNIETRUSTEE

PEGGY FISHERTRUSTEE AND VICE CHAIR

PAUL SCHICKLERTRUSTEE AND VICE CHAIR

PAUL LEAVITTTRUSTEE AND VICE CHAIR

PAUL DOUCETTETRUSTEE

PATTI AVERYTRUSTEE

NIKKI SYVERSONTRUSTEE (STARTED 10/1/24)

MARTA CODINATRUSTEE

MARK ERNSTTRUSTEE AND BOARD CHAIR

LINDSAY WHORTONTRUSTEE AND VICE CHAIR

DOUGLAS LANGTRUSTEE

GREG JOHANSENTRUSTEE

IKE VANDEN EYKELTRUSTEE (THRU 1/1/2025)

JEFF RUSSELLTRUSTEE (STARTED 10/1/24)

DAVID GOLDERTRUSTEE

JIM WALLACETRUSTEE

JOE AIELLOTRUSTEE

JOHN MILLERTRUSTEE

CYNTHIA LESHERTRUSTEE AND VICE CHAIR

JOHNNIE CARSONTRUSTEE

JONATHAN AZUTRUSTEE AND VICE CHAIR

KAREN BRANDINGTRUSTEE

KATHY FEHRMANTRUSTEE (THRU 6/30/25)

KEN MCCULLUMTRUSTEE

LOUIS CARRTRUSTEE

About this charity

Recognized since
January 1950
Location
2507 UNIVERSITY AVE, DES MOINES, IA 50311-4516
County
Polk
In care of
ADAM VOIGTS
Primary officer
ADAM VOIGTS, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(515) 271-3112

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Education (B430)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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