Skip to content
ProPublica Donate
ProPublica Donate

Drexel Funds

  • Seattle, WA
  • Tax-exempt since Nov. 2014
  • EIN: 46-5768451

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$0 (2023)

Expenses
$0 (2023)

Total Assets
$0 (2023)

Total Liabilities
$0 (2023)

Years with multiple filings
Source: Form 990 tax filings from 2015 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,246,410
Expenses
$3,490,193
Net Income
$1,756,217
Net Assets
$16,230,394
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,133,941
97.9%
Interest Revenue $105,469
2.0%
Dividends $0
Sales of Assets $0
Other Income $7,000
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,451,673
98.9%
Compensation of Officers* $385,197
11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,453,395
Total Liabilities $1,223,001
Net Assets $16,230,394
Compensation
Key Employees and Officers Compensation Other
John Eriksen (Managing Partner) $271,777 $29,934
Mark Gleason (Partner) $199,642 $0
Eric Oglesbee (Founders Program Dir) $116,754 $0
Aarushi Prabhakar (Investment Director) $98,019 $0
Heather Bokon (Director Of Operatio) $55,786 $0
Bj Cassin (Chairman) $0 $0
Thomas J Healey (Treasurer) $0 $0
Nick Howley (Trustee) $0 $0
Darren Jackson (Secretary) $0 $0
Michael Messner (Trustee) $0 $0
Darla Romfo (Trustee) $0 $0
Abigail Schumwinger (Trustee) $0 $0
Christopher Wilson (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,397,732
Expenses
$5,632,442
Net Income
-$3,234,710
Net Assets
$14,455,135
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,293,298
95.6%
Interest Revenue $85,204
3.6%
Dividends $730
0.0%
Sales of Assets $0
Other Income $18,500
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $5,263,484
93.4%
Compensation of Officers* $267,750
4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,789,048
Total Liabilities $2,333,913
Net Assets $14,455,135
Compensation
Key Employees and Officers Compensation Other
John Eriksen (Managing Partner) $267,750 $26,775
Mark Gleason (Partner) $171,265 $0
Eric Oglesbee (Founders Program Dir) $115,500 $0
Aarushi Prabhakar (Investment Director) $97,062 $0
Heather Bokon (Director Of Operatio) $55,500 $0
Bj Cassin (Chairman) $0 $0
Thomas J Healey (Treasurer) $0 $0
Nick Howley (Trustee) $0 $0
Darren Jackson (Secretary) $0 $0
Darla Romfo (Trustee) $0 $0
Christopher Wilson (Trustee) $0 $0
Michael Messner (Trustee) $0 $0
Abigail Schumwinger (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on May 9, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,582,861
Expenses
$3,474,341
Net Income
$108,520
Net Assets
$17,669,882
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,550,955
99.1%
Interest Revenue $631
0.0%
Dividends $516
0.0%
Sales of Assets -$526
Other Income $31,285
0.9%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,671,188
> 100%
Compensation of Officers* $422,489
12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $18,444,694
Total Liabilities $774,812
Net Assets $17,669,882
Compensation
Key Employees and Officers Compensation Other
John Eriksen (Managing Partner) $262,500 $40,590
Abigail Schumwinger (Trustee, Partner And Investment Dir) $159,989 $16,870
Aarushi Prabhakar (Investment Director) $159,987 $0
Mark Gleason (Partner) $133,618 $0
Christa Keel (Director Of Fin. & A) $91,948 $0
Bj Cassin (Chairman) $0 $0
Thomas J Healey (Treasurer) $0 $0
Nick Howley (Trustee) $0 $0
Darren Jackson (Secretary) $0 $0
Darla Romfo (Trustee) $0 $0
Dr Daniel Scoggin (Trustee) $0 $0
Christopher Wilson (Trustee) $0 $0
Michael Messner (Trustee) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 1, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
View Filing (2 of 2)

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,522,964
Expenses
$4,211,499
Net Income
$4,311,465
Net Assets
$17,560,284
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,493,563
99.7%
Program Services $0
Investment Income $2,817
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $26,584
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $301,563
7.2%
Professional Fundraising Fees $0
Other Salaries and Wages $386,865
9.2%
Assets/Debt
Total Assets $18,531,220
Total Liabilities $970,936
Net Assets $17,560,284
Compensation
Key Employees and Officers Compensation Related Other
John Eriksen (Managing Partner) $259,914 $0 $35,278
Abigail Schumwinger (Partner And Investment Dir) $200,475 $0 $47,447
Mitzi Keel (Director Of Fin. & Admin.) $106,084 $0 $24,805
Bj Cassin (Chairman) $0 $0 $0
Thomas J Healey (Treasurer) $0 $0 $0
Nick Howley (Trustee) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Darla Romfo (Trustee) $0 $0 $0
Dr Daniel Scoggin (Trustee) $0 $0 $0
Christopher Wilson (Trustee) $0 $0 $0
Michael Messner (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,554,023
Expenses
$4,425,130
Net Income
$6,128,893
Net Assets
$13,248,819
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,500,081
99.5%
Program Services $0
Investment Income $35,028
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,530
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,384
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $431,727
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $376,165
8.5%
Assets/Debt
Total Assets $15,503,287
Total Liabilities $2,254,468
Net Assets $13,248,819
Compensation
Key Employees and Officers Compensation Related Other
John Eriksen (Managing Partner) $262,500 $0 $37,679
Abigail Schumwinger (Partner And Investment Director) $209,135 $0 $48,434
William Olsen (Director) $146,102 $0 $0
Mitzi Keel (Cfo) $108,173 $0 $19,571
Courtney Collins Shapiro (Partner) $106,420 $0 $0
Bj Cassin (Chairman) $0 $0 $0
Thomas J Healey (Treasurer) $0 $0 $0
Nick Howley (Trustee) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Darla Romfo (Trustee) $0 $0 $0
Dr Daniel Scoggin (Trustee) $0 $0 $0
Christopher Wilson (Trustee) $0 $0 $0
Michael Messner (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,393,125
Expenses
$4,727,192
Net Income
-$334,067
Net Assets
$2,329,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,336,857
98.7%
Program Services $0
Investment Income $55,140
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,128
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $350,782
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $621,369
13.1%
Assets/Debt
Total Assets $9,385,438
Total Liabilities $7,055,510
Net Assets $2,329,928
Compensation
Key Employees and Officers Compensation Related Other
John Eriksen (Managing Trustee) $247,656 $0 $32,457
Courtney Collins Shapiro (Partner) $207,200 $0 $20,738
Abigail Schumwinger (Partner) $196,015 $0 $44,186
William Olsen (Director) $143,675 $0 $42,229
Elizabeth J Brown (Cfo) $56,087 $0 $4,694
Bj Cassin (Chairman) $0 $0 $0
Thomas J Healey (Treasurer) $0 $0 $0
Nick Howley (Trustee) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Darla Romfo (Trustee) $0 $0 $0
Dr Daniel Scoggin (Trustee) $0 $0 $0
Christopher Wilson (Trustee) $0 $0 $0
Michael Messner (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 18, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,235,626
Expenses
$5,795,354
Net Income
$440,272
Net Assets
$2,663,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,211,434
99.6%
Program Services $0
Investment Income $24,022
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $170
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $982,165
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,589,665
Total Liabilities $5,925,670
Net Assets $2,663,995
Compensation
Key Employees and Officers Compensation Related Other
John Eriksen (Managing Trustee) $250,000 $0 $32,682
Abigail Schumwinger (Partner) $203,000 $0 $48,821
Elizabeth J Brown (Cfo) $93,888 $0 $9,250
William Olsen (Director) $75,000 $0 $31,616
Bj Cassin (Chairman) $0 $0 $0
Thomas Healey (Treasurer) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Dr Daniel Scoggin (Trustee) $0 $0 $0
Robert Birdsell (Trustee) $0 $0 $0
Darla Romfo (Trustee) $0 $0 $0
Christopher Wilson (Trustee) $0 $0 $0
Michael G Messner (Trustee) $0 $0 $0
Courtney Collins Shapiro (Partner) $0 $0 $0
Christa Marie Keel (Director Of Finance) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,212,150
Expenses
$3,400,127
Net Income
-$187,977
Net Assets
$2,223,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,196,661
99.5%
Program Services $0
Investment Income $1,775
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $10,698
0.3%
Net Inventory Sales $0
Other Revenue $3,016
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $636,954
18.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,131,880
Total Liabilities $2,908,157
Net Assets $2,223,723
Compensation
Key Employees and Officers Compensation Related Other
John Eriksen (Managing Trustee) $250,000 $0 $32,461
Abigail Schumwinger (Trustee) $185,417 $0 $46,946
Robert Birdsell (Trustee) $126,009 $0 $25,585
Elizabeth J Brown (Cfo) $92,500 $0 $9,250
Bj Cassin (Chairman) $0 $0 $0
Thomas Healey (Treasurer) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Dr Daniel Scoggin (Trustee) $0 $0 $0
Darla Romfo (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 19, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,723,226
Expenses
$3,768,618
Net Income
$1,954,608
Net Assets
$2,411,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,710,000
99.8%
Program Services $0
Investment Income $1,831
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,395
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $613,070
16.3%
Professional Fundraising Fees $0
Other Salaries and Wages $259,988
6.9%
Assets/Debt
Total Assets $4,654,225
Total Liabilities $2,242,525
Net Assets $2,411,700
Compensation
Key Employees and Officers Compensation Related Other
Robert Birdsell (Partner) $186,871 $0 $35,699
John Eriksen (Managing Partner) $185,910 $0 $23,250
Abigail Schumwinger (Principal) $107,491 $0 $27,599
Elizabeth J Brown (Cfo) $46,250 $0 $0
Bj Cassin (Chairman) $0 $0 $0
Thomas Healey (Treasurer) $0 $0 $0
Darren Jackson (Secretary) $0 $0 $0
Dan Scoggins (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Jan. 9, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$175,929
Expenses
$251,886
Net Income
-$75,957
Net Assets
$445,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $175,000
99.5%
Program Services $929
0.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $445,366
Total Liabilities $0
Net Assets $445,366

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated