DCU for Kids

EIN: 202184636 501(c)(3) Philanthropy & Grantmaking

Marlborough, MA

Total Revenue
$2,072,151
Total Expenses
$1,971,788
Total Assets
$5,376,646
Net Assets
$5,187,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
Sue Kirdahy
Phone
8003288797
Tax Period
2024-01-01 to 2024-12-31

DCU for Kids, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $2.0M left a modest 5% surplus.

Mission

Distribution of charitable donations to registered 501(c)(3) organizations providing services and programs to children and families in need. Funding focus areas include: - Youth Community Programming Support - Insecure Population Basic Need Support - Special Needs Support - Medical / Health & Well Being SupportAwarding scholarships to deserving high school seniors who plan to attend a state or nationally accredited college or university in pursuit of higher education. Scholarship recipients are chosen based upon scholastic achievement, community involvement, leadership skills, character and integrity, recommendation letters, as well as essay submissions.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $842,397
Program Service Revenue $0
Investment Income $227,979
Other Revenue $1,001,775
TOTAL REVENUE $2,072,151

Expense Breakdown

Grants Paid $1,944,035
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,952,388
Other Expenses $27,753
TOTAL EXPENSES $1,971,788

Year-over-Year Comparison

2024 2023 Change
Revenue $2,072,151 $2,575,794 -0.2%
Expenses $1,971,788 $2,328,026 -0.2%
Net Income $100,363 $247,768 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laurie LaChapelle Chairperson/Treasurer 1.00
Officer Director
$0 $0 $0
Sue Burton Kirdahy Board Member 1.00
Officer Director
$0 $0 $0
Michelle Kile Past Board Member 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,072,151 $1,971,788 $5,376,646 $100,363
2023 $2,575,794 $2,328,026 $5,276,283 $247,768
2022 $1,945,803 $3,123,726 $5,028,515 $-1,177,923
2021 $2,585,935 $3,194,092 $6,206,438 $-608,157
2020 $2,589,569 $3,814,346 $6,828,870 $-1,224,777
2019 $8,753,749 $3,158,055 $8,054,072 $5,595,694
2018 $2,452,884 $2,617,823 $2,385,678 $-164,939
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