MU OF DKE FOUNDATION

EIN: 382556353 501(c)(3)

HAMILTON, NY

Total Revenue
$84,172
Total Expenses
$122,324
Total Assets
$2,211,606
Net Assets
$2,211,606
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
SEAN F DEVLIN
Phone
2036446032
Tax Period
2023-08-01 to 2024-07-31

MU OF DKE FOUNDATION, founded in 1984, is a micro nonprofit that reported $84K in total revenue in fiscal year 2023. Expenses of $122K exceeded revenue, resulting in a 45% operating deficit.

Mission

SCHOLARSHIP GRANTS TO STUDENTS ENROLLED AT COLGATE UNIVERSITY WHO ARE MEMBERS OF DELTA KAPPA EPSILON FRATERNITY. COMMITTEE REVIEWS APPLICATIONS FROM RECEIPENTS AND EVALUATES BASED ON SCHOLASTIC PERFORMANCE, ENROLLMENT, SERVICE AND LEADERSHIP TO THE COLLEGE, COMMUNITY, AND FRATERNAL ORGANIZATION. IN ADDITION THE ORGANIZATION GRANTS TO CHARIABLE ORGANIZATIONS AS DETERMINED BY THE COMMITTEE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $24,792
Program Service Revenue $0
Investment Income $59,837
Other Revenue $-457
TOTAL REVENUE $84,172

Expense Breakdown

Grants Paid $60,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,000
Other Expenses $62,324
TOTAL EXPENSES $122,324

Year-over-Year Comparison

2023 2022 Change
Revenue $84,172 $-1,560 -55.0%
Expenses $122,324 $94,459 +0.3%
Net Income $-38,152 $-96,019 -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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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT D BESTWICK TRUSTEE 1.00
Director
$0 $0 $0
GREGORY M HARDEN TRUSTEE 1.00
Director
$0 $0 $0
DAVID SCHREIBER TRUSTEE 1.00
Director
$0 $0 $0
BARRY RIDINGS TRUSTEE 1.00
Director
$0 $0 $0
ERIC KRAMER TRUSTEE 1.00
Director
$0 $0 $0
ZACK GROBENGIESER TRUSTEE 1.00
Director
$0 $0 $0
DAMIAN SZARY TRUSTEE 1.00
Director
$0 $0 $0
JAMES A PLACA TRUSTEE 1.00
Director
$0 $0 $0
FXAVE JACOBY IV TRUSTEE 1.00
Director
$0 $0 $0
MARK L KANTER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL MILLER TREASURER 2.00
Officer Director
$0 $0 $0
COLM O'MARA TRUSTEE 1.00
Director
$0 $0 $0
JOHN G ROBINSON TRUSTEE 1.00
Director
$0 $0 $0
SEAN F DEVLIN CHAIRMAN 5.00
Officer
$0 $0 $0
MARK R PECK SECRETARY 2.00
Officer
$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 $84,172 $122,324 $2,211,606 $-38,152
2023 $-1,560 $94,459 $2,249,758 $-96,019
2022 $103,665 $69,325 $2,345,777 $34,340
2021 $279,652 $62,790 $2,311,437 $216,862
2020 $298,814 $79,980 $2,094,575 $218,834
2019 $86,443 $147,473 $1,875,741 $-61,030
2018 $809,211 $84,347 $1,936,771 $724,864
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