DAYBREAK INDEPENDENT SERVICES INC

EIN: 262564855 501(c)(3) Employment

BRONX, NY

Total Revenue
$14,837,951
Total Expenses
$15,969,824
Total Assets
$7,850,858
Net Assets
$1,715,953
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NY
Principal Officer
VILAS LOBAN
Phone
9147333327
Tax Period
2024-07-01 to 2025-06-30

DAYBREAK INDEPENDENT SERVICES INC, founded in 2008, is a mid-sized nonprofit in the Employment sector that reported $14.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

CONTINUING TO EMPOWER INTELLECTUALLY AND DEVELOPMENTALLY DISABLED ADULTS WITH OPPORTUNITIES FOR INDEPENDENCE BY PROVIDING EXCEPTIONAL COMMUNITY-BASED PERSON CENTERED PROGRAMS, THROUGH DEDICATED STAFF AND RESPONSIBLE MEASURABLE GOVERNANCE.

Program Service Accomplishments

Program 1
Expenses: $10,123,133 Revenue: $10,670,163

DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO ARE IN THE MEDICAID WAIVER PROGRAM. DURING FISCAL 2025, DAYBREAK PROVIDED 43,408 DAY HABILITATION SERVICES...

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DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO ARE IN THE MEDICAID WAIVER PROGRAM. DURING FISCAL 2025, DAYBREAK PROVIDED 43,408 DAY HABILITATION SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. A UNIT OF SERVICE IS MEASURED BY A SET NUMBER OF HOURS AN INDIVIDUAL SPENDS AT ONE OF THE ORGANIZATION'S DAY HABILITATION SITES WORKING ON DAILY ACTIVITIES AS WELL AS INTEGRATION IN THE COMMUNITY.

Program 2
Expenses: $415,907 Revenue: $434,474

DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO LIVE IN THEIR OWN HOME OR FAMILY HOME. DURING FISCAL 2025, DAYBREAK PROVIDED 34,534 COMMUNITY HABILITATION...

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DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO LIVE IN THEIR OWN HOME OR FAMILY HOME. DURING FISCAL 2025, DAYBREAK PROVIDED 34,534 COMMUNITY HABILITATION SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. A UNIT OF SERVICE IS MEASURED BY A SET AMOUNT OF TIME, AND THE INDIVIDUALS ARE APPROVED FOR SERVICES TO BE RENDERED IN THEIR OWN HOME OR IN THE COMMUNITY.

Program 3
Expenses: $3,027,707 Revenue: $3,560,458

DAYBREAK PROVIDED INDIVIDUAL RESIDENTIAL ALTERNATIVE SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILTIES. DURING FISCAL 2025 DAYBREAK PROVIDED 4,380 UNITS OF SERVICE. SUPERVISED...

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DAYBREAK PROVIDED INDIVIDUAL RESIDENTIAL ALTERNATIVE SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILTIES. DURING FISCAL 2025 DAYBREAK PROVIDED 4,380 UNITS OF SERVICE. SUPERVISED RESIDENCES PROVIDE SUPERVISION 24 HOURS A DAY, 7 DAYS A WEEK.

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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 $23,836
Program Service Revenue $14,665,095
Investment Income $89,620
Other Revenue $59,400
TOTAL REVENUE $14,837,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,267,165
Fundraising Expenses $0
Program Expenses $13,566,747
Other Expenses $4,702,659
TOTAL EXPENSES $15,969,824

Year-over-Year Comparison

2024 2023 Change
Revenue $14,837,951 $13,476,954 +0.1%
Expenses $15,969,824 $13,066,634 +0.2%
Net Income $-1,131,873 $410,320 -3.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
333
Volunteers
N/A

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
6
$681,383
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEMANT KUMAR PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIA VASQUEZ CPA TREASURER 1.00
Officer Director
$0 $0 $0
EFFIE LOBAN SECRETARY 1.00
Officer Director
$0 $0 $0
SUNITA SUVASLA BOARD MEMBER 1.00
Director
$0 $0 $0
MELLISSA CUMMINGS FINANCIAL CONTROLLER 35.00
Officer
$90,933 $0 $90,933
KRITI JOSHI DIRECTOR OF OPS & DEVELOPM 35.00
Officer
$192,870 $22,565 $215,435
VILAS LOBAN CEO/PRESIDENT 35.00
Officer
$352,450 $22,565 $375,015
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
2025 $14,837,951 $15,969,824 $7,850,858 $-1,131,873
2024 $13,476,954 $13,066,634 $9,802,443 $410,320
2023 $11,604,136 $11,424,898 $9,538,922 $179,238
2022 $12,426,594 $11,137,515 $5,725,664 $1,289,079
2021 $7,495,936 $7,537,223 $5,959,924 $-41,287
2020 $8,909,682 $8,561,643 $4,907,124 $348,039
2019 $7,881,687 $8,727,157 $2,097,155 $-845,470
2018 $7,067,605 $7,725,263 $2,932,923 $-657,658
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