Dayspring Center Inc (EIN 351618998) - 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

1986

Legal Domicile

Principal Officer

Lori Casson

Phone

3176356780

Tax Period

2023-01-01 to 2023-12-31

Dayspring Center Inc, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $762K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 81% operating deficit.

Mission

Social services for low-income families.

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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 (2023)

Revenue Breakdown

Contributions & Grants $761,182

Program Service Revenue $0

Investment Income $18,951

Other Revenue $-18,573

TOTAL REVENUE $761,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $933,416

Fundraising Expenses $27,883

Program Expenses $859,746

Other Expenses $442,170

TOTAL EXPENSES $1,375,586

Year-over-Year Comparison

	2023	2022	Change
Revenue	$761,560	$1,229,822	-0.4%
Expenses	$1,375,586	$1,137,715	+0.2%
Net Income	$-614,026	$92,107	-7.7%

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

Volunteers

500

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

$125,322

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Spidel	President	2.00	Officer Director	$0	$0	$0
Darryl Morton	Director	2.00	Director	$0	$0	$0
Daniel Chillemi	Director	2.00	Director	$0	$0	$0
Tammy Marrs	Vice President	2.00	Officer Director	$0	$0	$0
Courtney Klosterman	Director	2.00	Director	$0	$0	$0
Mary Ashton Doyle	Director	2.00	Director	$0	$0	$0
Robert Elliott	Director	2.00	Director	$0	$0	$0
Rise Compton	Secretary	2.00	Officer Director	$0	$0	$0
Kirk Boller	Treasurer	2.00	Officer Director	$0	$0	$0
Alyssa Taylor	Director	2.00	Director	$0	$0	$0
Shanique Anier	Director	2.00	Director	$0	$0	$0
LaToya Black	Director	2.00	Director	$0	$0	$0
Brian Falcon	Director	2.00	Director	$0	$0	$0
Lori Casson	Executive Director	55.00	Officer	$107,000	$18,322	$125,322

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	No data	No data	No data	No data
2023	$761,560	$1,375,586	$1,399,121	$-614,026
2022	$1,229,822	$1,137,715	$2,012,136	$92,107
2021	$826,781	$1,022,936	$1,986,621	$-196,155
2020	$922,270	$972,697	$2,316,507	$-50,427
2019	$732,095	$1,062,392	$1,185,402	$-330,297
2018	$1,697,238	$811,359	$1,447,178	$885,879

Dayspring Center Inc