Skip to content
Nonprofiteer
← THE DRAKE GIVES

Form 990 for tax year 2025

Filed by THE DRAKE GIVES.

Totals

Total revenue
$681,832
Total expenses
$1,152,100
Contributions and grants received
$672,622
Grants paid
$1,035,791
Program service revenue
$0
Investment income
$8,210
Other revenue
$1,000
Total assets, end of year
$423,834
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$423,834
Program services expenses (Part IX)
$1,035,791
Management and general expenses
$25,766
Fundraising expenses
$90,543
Program service expenses (Part III)
$1,035,791

Program services were 89.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $193,821

  • 1f · All other contributions, gifts and grants

    $478,801

  • 3 · Investment income

    total $8,210 · unrelated business $8,210 · excluded $0

  • 8a · Fundraising events: contributions included on line 1c

    $193,821

  • 11d · All other revenue

    total $1,000 · related or exempt $1,000 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $1,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,035,791 · program services $1,035,791

  • 11c · Fees: accounting

    total $5,146 · program services $0 · management and general $5,146 · fundraising $0

  • 17 · Travel

    total $856 · program services $0 · management and general $856 · fundraising $0

  • 20 · Interest

    total $2 · program services $0 · management and general $2 · fundraising $0

  • 23 · Insurance

    total $1,335 · program services $0 · management and general $1,335 · fundraising $0

  • 24a · Other expenses: FUND RAISING EVENTS

    total $85,327 · program services $0 · management and general $0 · fundraising $85,327

  • 24b · Other expenses: BANK CHARGES

    total $5,054 · program services $0 · management and general $5,054 · fundraising $0

  • 24e · All other expenses

    total $18,589 · program services $0 · management and general $13,373 · fundraising $5,216

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $894,140 · end of year $423,734

  • 2 · Savings and temporary cash investments

    beginning of year $32 · end of year $100

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,544 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $892,628 · end of year $423,834

Mission and programs · 2025

Mission

PROVIDE UNDERSERVED YOUTH WITH MUSIC EDUCATION, MATERIALS AND INSTRUMENTS

  • SWEET PEAS LOVE FOUNDATION $750 UCI SCHOOL OF SOCIAL ECOLOGY $850,000 THE DRAKE GIVES $3840.67 BREAKTHROUGH T 1 D $5,000 SAVE THE MUSIC $175,000 OCCF $200 BIG BROTHERS BIG SISTERS OF VENTURA COUNTY $1,000 AOKI FOUNDATION $1,050 MATTHEW YUN $500 OC-CF $200 SHERYL TURNER $1,000 LAGUNA RADIO $118.30

    Expenses $1,035,791 · Grants $1,035,791

As filed on the 2025 return.

Listed in Part VII

  • ALEC GLASSER

    CEO

    Total calculated
    $0
    Hours/week
    10

  • WENDY MISNER

    CFO, SECRETARY

    Total calculated
    $0
    Hours/week
    40

  • JERRY MANDEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2025
Filed
15 May 2026
IRS schema version
2025v4.1
Source object
202621619349300022

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.