Kramden Institute Inc
- Assets
- $4.7m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Durham, NC
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 74-3108814
Organization Overview
Kramden Institute Inc is located in Durham, NC. The organization was established in 2004. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Kramden Institute Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kramden Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Kramden Institute Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDNG TECHNOLOGY TOOLS AND TRAINING TO BRIDGE THE DIGITAL DIVIDE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TECHNOLOGY TOOLS AND TRAINING TO BRIDGE THE DIGITAL DIVIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cari Delmariani Interim Ed | Officer | 40 | $77,865 |
Michael Abensour E Dir (to 7/ | Officer | 40 | $58,751 |
Mark D Dibner Board Chairm | OfficerTrustee | 20 | $0 |
Derek Kelly Vice Chair | OfficerTrustee | 1 | $0 |
Robin Salvaggio Secretary | OfficerTrustee | 2 | $0 |
Richard Martin CPA Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,418,897 |
| Noncash contributions included in lines 1a–1f | $1,763,419 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,418,897 |
| Total Program Service Revenue | $929,641 |
| Investment income | $1,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,356,768 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,279 |
| Compensation of current officers, directors, key employees. | $20,759 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $463,270 |
| Pension plan accruals and contributions | $9,639 |
| Other employee benefits | $31,818 |
| Payroll taxes | $47,320 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,832 |
| Fees for services: Accounting | $13,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,552 |
| Advertising and promotion | $3,391 |
| Office expenses | $12,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,508 |
| Travel | $4,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $38,139 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,302 |
| Insurance | $17,371 |
| All other expenses | $93,538 |
| Total functional expenses | $1,583,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $546,659 |
| Savings and temporary cash investments | $369,701 |
| Pledges and grants receivable | $231,847 |
| Accounts receivable, net | $7,997 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,187,778 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,388,772 |
| Investments—publicly traded securities | $4,860 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,737,614 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $80,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,361,100 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,431 |
| Total liabilities | $1,458,531 |
| Net assets without donor restrictions | $2,939,287 |
| Net assets with donor restrictions | $339,796 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,737,614 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Kramden Institute Inc has recieved totaling $220,102.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $59,134 |
United Way Of The Greater Triangle Inc Durham, NC PURPOSE: GENERAL SUPPORT | $59,134 |
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: EDUCATION | $29,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: SCIENCE | $22,150 |
At&t Foundation Dallas, TX PURPOSE: EDUCATION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walton Electric Trust Inc Monroe, GA | $5,022,901 | $2,337,063 |
The Empty Stocking Fund Inc Atlanta, GA | $3,409,829 | $2,169,289 |
Ferst Readers Inc Madison, GA | $2,420,121 | $2,368,538 |
Kramden Institute Inc Durham, NC | $4,737,614 | $3,356,768 |
Ij And Hilda M Breeden Foundation Manassas, VA | $0 | $710,250 |
A Soldiers Child Inc Murfreesboro, TN | $854,539 | $1,143,994 |
Lions Pride Foundation Inc Salisbury, NC | $2,186,624 | $85,831 |
Creating Connected Communities Atlanta, GA | $683,448 | $909,666 |
W4h Asheville Asheville, NC | $308,320 | $563,011 |
Chesterfield-Colonial Heights Christmas Mother Inc Chesterfield, VA | $158,892 | $451,021 |
Sweet Sleep Inc Brentwood, TN | $234,022 | $434,052 |
Mushayamunda Christian Development Foundation Winston Salem, NC | $754,964 | $529,699 |