DELAWARE ASSOCIATION FOR ADULT & COMMUNITY EDUCATI

EIN: 510312705 501(c)(3) Education

DOVER, DE

Total Revenue
$594,818
Total Expenses
$622,315
Total Assets
$362,976
Net Assets
$362,916
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
DE
Principal Officer
AMANDA SMAGALA
Phone
3027395564
Tax Period
2024-07-01 to 2025-06-30

DELAWARE ASSOCIATION FOR ADULT & COMMUNITY EDUCATI, founded in 1978, is a small nonprofit in the Education sector that reported $595K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

THE MISSION OF DAACE IS TO SPEARHEAD STATEWIDE EFFORTS IN LIFELONG LEARNING, TO LINK INDIVIDUALS AND ORGANIZATIONS INVOLVED IN ADULT, CONTINUING, AND COMMUNITY EDUCATION, AND TO ADDRESS COMMON CONCERNS AND SHARED GOALS FOR ADULT EDUCATION.

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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 $552,026
Program Service Revenue $39,856
Investment Income $2,936
Other Revenue $0
TOTAL REVENUE $594,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $399,131
Fundraising Expenses $0
Program Expenses $563,769
Other Expenses $223,184
TOTAL EXPENSES $622,315

Year-over-Year Comparison

2024 2023 Change
Revenue $594,818 $638,534 -0.1%
Expenses $622,315 $600,054 +0.0%
Net Income $-27,497 $38,480 -1.7%
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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Governance

Voting Members
14
Independent Members
14
Employees
17
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
4
$0
Total Directors
9
$0
Key Employees
1
$121,446
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANNE CHANDLER EXECUTIVE DIRECTOR 40.00
Key Emp
$121,446 $0 $121,446
AUTUM NAEGLE NEW CASTLE REPRESENTATIVE 2.00
Director
$0 $0 $0
KELLIE TETRICK NEW CASTLE REPRESENTATIVE 2.00
Director
$0 $0 $0
SHANNON GROSSO NEW CASTLE REPRESENTATIVE 2.00
Director
$0 $0 $0
CATHY KIPP KENT COUNTY REPRESENTATIVE 2.00
Director
$0 $0 $0
CLARENCE PATTERSON KENT COUNTY REPRESENTATIVE 2.00
Director
$0 $0 $0
MICHELE MCKERCHER KENT COUNTY REPRESENTATIVE 2.00
Director
$0 $0 $0
KELLY WHALEY SUSSEX CTY REPRESENTATIVE 2.00
Director
$0 $0 $0
HEATHER FARRELL SUSSEX CTY REPRESENTATIVE 2.00
Director
$0 $0 $0
DONA TROYER SUSSEX CTY REPRESENTATIVE 2.00
Director
$0 $0 $0
AMANDA SMAGALA PRESIDENT 2.00
Officer
$0 $0 $0
RONALD ROBINSON PRESIDENT ELECT 2.00
Officer
$0 $0 $0
NICOLE SANTIAGO SECRETARY 2.00
Officer
$0 $0 $0
KRISTI KING TREASURER 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
2025 $594,818 $622,315 $362,976 $-27,497
2024 $638,534 $600,054 $396,749 $38,480
2023 $603,025 $616,686 $364,681 $-13,661
2022 $671,879 $660,233 $371,704 $11,646
2021 $476,677 $593,492 $359,744 $-116,815
2020 $552,180 $570,580 $476,623 $-18,400
2019 $854,357 $587,652 $494,921 $266,705
2018 $462,277 $556,459 $229,476 $-94,182
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