Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FRIENDS OF DRAKE WELL INC is a community-based nonprofit that supports the administration, operations, fundraising, public outreach, and visitor services of Drake Well Museum and Park and Historic Pithole City in partnership with the Pennsylvania Historical and Museum Commission. In filing year 2025, it operated with a budget of $279K and total revenue of $218.3K, and its listed funders include JOHN NESBIT REES & SARAH HENNE REES CHARITABLE FOU, Fleming Family Foundation, and ELIZABETH S BLACK CHARITABLE TRUST; no single funder is shown here as providing 50% or more of revenue.

Mission Statement

See Schedule O
Revenues
$217.7K
Expenses
$316.2K
Net Income:
-$98.5K
Assets
$816.9K
Liabilities
$5.6K
Net Assets:
+$811.3K
Operating Budget
$316.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$65K
Largest grant received
$65K
A
Art Jennings
Board Member
A
Alfonso Rickerson
Board Member
B
Barry Cressman
Board Member
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  • 11 funders
  • 35 board & team members
  • 9 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Friends of Drake Well Inc’s budget?
In 2024, Friends of Drake Well Inc reported an annual operating budget of around $316 thousand. More detailed financial information is available to registered users.
Where does Friends of Drake Well Inc operate?
Friends of Drake Well Inc is headquartered in Titusville, PA.
Who funded Friends of Drake Well Inc recently?
In 2025, Friends of Drake Well Inc received grants from JOHN NESBIT REES & SARAH HENNE REES CHARITABLE FOU, ELIZABETH S BLACK CHARITABLE TRUST, and JOHN NESBIT REES & SARAH HENNE REES CHARITABLE FOU. More information on this organization’s funders is available to registered users.
What is the largest grant Friends of Drake Well Inc received in 2024?
The largest grant to Friends of Drake Well Inc in 2024 exceeds $65 thousand.