DAYS OF DISCOVERY INC

EIN: 383250216 501(c)(3) Human Services

BAY CITY, MI

Total Revenue
$1,092,053
Total Expenses
$975,930
Total Assets
$663,542
Net Assets
$662,036
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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

Principal Officer
KELLY S THOMAS
Phone
9896671853
Tax Period
2023-01-01 to 2023-12-31

DAYS OF DISCOVERY INC is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $976K left a modest 11% surplus.

Mission

EDUCATIONAL

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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 $774,570
Program Service Revenue $317,195
Investment Income $288
Other Revenue $0
TOTAL REVENUE $1,092,053

Expense Breakdown

Grants Paid $0
Salaries & Benefits $796,167
Fundraising Expenses $0
Program Expenses $975,930
Other Expenses $179,763
TOTAL EXPENSES $975,930

Year-over-Year Comparison

2023 2022 Change
Revenue $1,092,053 $1,284,301 -0.1%
Expenses $975,930 $835,044 +0.2%
Net Income $116,123 $449,257 -0.7%
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

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Governance

Voting Members
5
Independent Members
5
Employees
31
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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID S FERRANTI VICE PRESIDE N/A
Director
$0 $0 $0
KIMBERLY A LAFAVE PROG DIRECT N/A
Director
$0 $0 $0
CHRIS MCROREY SECRETARY N/A
Director
$0 $0 $0
KELLY S THOMAS PRESIDENT N/A
Officer Director
$0 $0 $0
DONNA THOMPSON DIRECTOR N/A
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 No data No data No data No data
2023 $1,092,053 $975,930 $663,542 $116,123
2022 $1,284,301 $835,044 $546,613 $449,257
2021 $748,158 $616,780 $132,113 $131,378
2020 $530,826 $552,789 $95,381 $-21,963
2019 $565,621 $575,109 $29,761 $-9,488
2018 $576,029 $552,023 $39,125 $24,006
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