DAYTON FOUNDATION CHARITABLE ACCOUNTS INC (EIN 311330325) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

STEPHEN D DARNELL

Phone

9372220410

Tax Period

2022-07-01 to 2023-06-30

DAYTON FOUNDATION CHARITABLE ACCOUNTS INC, founded in 1991, is a small nonprofit that reported $225K in total revenue in fiscal year 2022. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $6.2M exceeded revenue, resulting in a 2637% operating deficit.

Mission

DAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. IS A SECTION 509(A)(3) SUPPORTING ORGANIZATION TO THE DAYTON FOUNDATION, INC., A SECTION 501(C)(3) PUBLICLY SUPPORTED COMMUNITY FOUNDATION. THE DAYTON FOUNDATION IS THE SOLE MEMBER OF THE DAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. THE DAYTON FOUNDATION FORMED DAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. AS A DONOR-DESIGNATED ENDOWMENT FUND TO CONDUCT ACTIVITIES TO RAISE MONEY AND GIFTS OF PROPERTY FROM INTERESTED INDIVIDUALS, CORPORATIONS, BUSINESS ORGANIZATIONS, GROUPS AND ASSOCIATIONS, AND DISTRIBUTE SUCH FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND IN A MANNER SUPPORTIVE OF THE CHARITABLE PURPOSES OF THE DAYTON FOUNDATION.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $36,701

Program Service Revenue $0

Investment Income $188,246

Other Revenue $0

TOTAL REVENUE $224,947

Expense Breakdown

Grants Paid $152,191

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,107,387

Other Expenses $6,003,567

TOTAL EXPENSES $6,155,758

Year-over-Year Comparison

	2022	2021	Change
Revenue	$224,947	$519,263	-0.6%
Expenses	$6,155,758	$800,178	+6.7%
Net Income	$-5,930,811	$-280,915	+20.1%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$1,826,986

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAKESH ARORA	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
DAVID T MILLER	CHAIR GOVERNING BOARD	0.25	Director	$0	$0	$0
ART HARLAN	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
J NORMAN ECKSTEIN	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
L TONY ORTIZ	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
ALICE MCCOLLUM	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
VALERIE LEMMIE	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
JOSH STUCKEY	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
MARTHA SHAKER	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
MARVA COSBY	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
THOMAS J BECKER	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
GEORGE E FOREST	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
CASSIE BARLOW	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
JANICE L CULVER	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
JAMES VAUGHN	GOVERNING BOARD MEMBER	0.25	Director	$0	$0	$0
MICHAEL M PARKS	PRESIDENT/SECRETARY	0.75	Officer	$0	$20,807	$774,428
STEPHEN D DARNELL	V.P. FINANCE	0.75	Officer	$0	$16,508	$161,999
JOSEPH B BALDASARE	CHIEF DEVELOPMENT OFFICER	0.75	Officer	$0	$38	$130,983
S TRACIE BOSHEARS	ASSISTANT TREASURER	0.75	Officer	$0	$4,129	$75,583
MICHELLE LOVELY	V.P. DEVELOPMENT	0.75	Officer	$0	$19,014	$211,290
JEANNE S HOLIHAN	ADMINISTRATION VP	0.75	Officer	$0	$147	$193,038
CHRIS SMITH	VP MARKETING & PUBLIC RELA	0.75	Officer	$0	$5,751	$135,372
BARBRA STONEROCK	COMMUNITY ENGAGEMENT	0.75	Officer	$0	$336	$144,293

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
2023	$224,947	$6,155,758	No data	$-5,930,811
2022	$519,263	$800,178	$6,007,611	$-280,915
2021	$622,807	$960,026	$7,712,537	$-337,219
2020	$638,189	$651,238	$6,637,042	$-13,049
2019	$419,421	$820,717	$6,816,750	$-401,296
2018	$731,934	$645,254	$7,200,624	$86,680

DAYTON FOUNDATION CHARITABLE ACCOUNTS INC