2025-05-15T14:25:07+00:00 2024-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-07-01 464444224 Damar Foundation Inc DAMA 3178565201 6067 Decatur Blvd Indianapolis IN 46241 Shawn Collinsworth President 3178565201 2025-05-15 true true Nicole Fishback P01279475 3173834000 2025-05-15 2023 2025-03-06 01:10:19Z Shawn Collinsworth 6067 Decatur Blvd Indianapolis IN 46241 3944871 false X www.damar.org/damar-foundation X 2013 IN The Damar Foundation, Inc. was organized to exclusively benefit, perform and carry out the charitable, educational, and other exempt purposes of Damar Services. 9 9 6 50 0 0 1416051 951198 1351632 957381 1820816 1555680 -78340 -70870 4510159 3393389 296062 0 0 510767 566887 0 750870 1478388 1440277 2285217 2007164 2224942 1386225 59592245 63519831 147082 1481321 59445163 62038510 The Damar Foundation works to increase public awareness and financial support of Damar Services, Inc., an organization that has provided a range of charitable and educational services to children, youth, adults, and families for 50 years, and to maintain and preserve certain assets (real and personal) used in the delivery of the supported organization's programs. Services include residential and community-based treatment programs, outpatient, and educational services. false false 893076 957381 Support of the charitable, educational and other exempt purposes of Damar Services, Inc. through raising the visibility of Damar among supporters, families who benefit from the services, policymakers, and members of the general public. 893076 true true false false false false false false true true false false false false true false true false false false false false false true false false false false true false false false false false false false false false false false false false true false false false true X 0 0 6 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false IN X OCTAVIUS MOLTON 3178565201 6067 DECATUR BLVD INDIANAPOLIS IN 46241 Bob Kort Chair 2.0 1.0 X X 0 0 0 Jeff Hadden Vice Chair 1.0 0.0 X X 0 0 0 Ali Fell Director 1.0 0.0 X 0 0 0 Chris Wilkes Director 1.0 0.0 X 0 0 0 Gary Harris Director 1.0 0.0 X 0 0 0 Greg Keele Director 1.0 0.0 X 0 0 0 Happy Dhani Director 1.0 0.0 X 0 0 0 Lisa Grimes Director 1.0 0.0 X 0 0 0 Mary Beth Oakes Director 1.0 0.0 X 0 0 0 Shawn Collinsworth President 40.0 10.0 X 183056 45764 34403 183056 45764 34403 1 false true false 0 224904 726294 951198 Rental income 532000 957197 957197 Miscellaneous 900099 184 184 0 0 0 0 957381 1554791 1554791 0 0 889 0 0 889 889 889 480612 224904 551482 -70870 -70870 0 0 0 0 0 3393389 957381 0 1484810 X 0 0 0 0 0 0 0 0 173672 17367 17367 138938 0 0 322634 32253 32353 258028 6023 602 602 4819 31239 3124 3124 24991 33319 3332 3332 26655 0 0 0 0 5726 0 5726 0 3000 0 3000 0 0 0 0 0 0 0 44644 0 44644 0 231608 20668 20668 190272 137814 68907 68907 0 0 0 0 0 15568 1579 1579 12410 0 0 0 0 62480 31240 31240 0 1796 0 1796 0 0 0 0 0 4260 426 426 3408 0 0 0 0 0 0 0 0 891631 713305 89163 89163 2732 273 273 2186 Miscellaneous Expense 39018 0 39018 0 0 0 0 0 2007164 893076 363218 750870 2199690 4510670 308531 434940 897149 802564 112611 112611 0 0 0 0 33133078 21455935 12566152 11677143 43443712 45917503 0 0 64400 64400 59592245 63519831 147082 1481321 0 0 0 0 147082 1481321 X 43696085 48790520 15749078 13247990 59445163 62038510 59592245 63519831 X 1386225 4005279 -2798157 X false true X true false X X X 1 Damar Services Inc 351168048 9 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41130949 5343699 42588 46432060 37940239 3578474 350000 37764 41130949 40064332 4682987 -6763815 43265 37940239 31528283 8570913 34864 40064332 30243998 1289175 4890 31528283 0.7225 0.2775 0.0 false false 2220878 2220878 30893959 21439265 9454694 13068 11497 1571 5173 5173 0 11677143 0 X 7905506 4005279 551482 4556761 3348745 44644 0 44644 3393389 2514002 551482 551482 1962520 44644 0 44644 2007164 Schedule D, Part V, Line 4 Intended uses of endowment funds The organization's endowment fund is used to support the operations of Damar Services when additional operational costs need to be covered, to purchase land that may become available near campus, and to reinvest in the campus through rebuilding and maintenance. A donation of permanently restricted endowment funds in the fiscal year are to be used to sustain the organization into the future. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Event Expenses - 551482 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Event Expenses - 551482 Damar Gala 657377 224904 432473 0 2115 0 172650 185895 143840 Damar Cup (Golf) 44500 0 44500 1200 9401 9420 7310 900 1300 1 3639 0 3639 100 73 10465 5555 0 1258 705516 224904 480612 1300 11589 19885 185515 186795 146398 551482 -70870 X X X X X false false false false false false false true false Shawn Collinsworth President 159056 39764 24000 6000 0 0 16000 4000 11522 2881 210578 52645 0 0 Schedule J, Part I, Line 7 Non-fixed payments Certain measurement indicators have been adopted by the compensation committee of the board. The indicators are specifically measurable and are the outcomes of strategic initiatives that take time to achieve. The weights for each indicator have been adopted by the compensation committee. The indicators for the plan that applies to fiscal year ending 6/30/24 are licensure, revenue, margin, fundraising, quality, people. Weights that would have applied to quality have been redistributed to other indicators so that total payout potential integrity at threshold, target, and maximum is preserved to extent possible at approximately 13%/22%/30% respectively. Form 990, Part V, Line 2a Number of Employees DAMAR FOUNDATION'S EMPLOYEES ARE PAID BY A COMMON PAYMASTER AND REIMBURSED BY THE FOUNDATION. DAMAR FOUNDATION DOES NOT FILE FORM W-3. Form 990, Part VI, Line 11b Review of form 990 by governing body The foundation President, board chair and CFO do a detailed review of the Form 990. The Form 990 is also reviewed by an independent accounting firm. The 990 is distributed to all board members at a board meeting prior to filing the return. Form 990, Part VI, Line 12c Conflict of interest policy All conflict of interest statements are reviewed and reported to the whole board annually or as new directors are added and as a potential conflict arise. If a conflict is discovered, it is noted and fully disclosed to the board. The member with the conflict recuses himself/herself from voting and discussion. Form 990, Part VI, Line 15a Process to establish compensation of top management official Compensation reviews are conducted and approved annually by the compensation committee using the Form 990 of other organizations and compensation surveys. The recommendations of the board are also reviewed by the organization's attorneys. Compensation reviews are conducted annually as described above for all officers or key employees. The compensation committee reviews the compensation of the CFO, Chief HR Officer, COO, and President of the foundation at the same time as the CEO. The most recent compensation review was in December 2023. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part IX, Column (D) Fundraising expenses DAMAR FOUNDATION, INC. IS ORGANIZED TO MANAGE INVESTMENTS, FACILITIES, AND FUNDRAISING ACTIVITIES ON BEHALF OF DAMAR SERVICES, INC. FOR THIS REASON, THE FOUNDATION ALLOCATES A MAJORITY OF ITS EXPENSES TO FUNDRAISING. Form 990, Part IX, Line 11g Other Fees Other Expenses - Total Expense: 231608, Program Service Expense: 20668, Management and General Expenses: 20668, Fundraising Expenses: 190272; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Transfer of Assets to Damar Services, Inc. - -2798157; Damar Services Inc 6067 Decatur Blvd Indianapolis IN 46241 351168048 Resid svcs IN 501(c)(3) 10 NA false false true true false false false false false false true false true true true true true false false true