DELAWARE FOUNDATION FOR SCIENCE AND MATHEMATICS EDUCATION

EIN: 510371355 501(c)(3) Science & Technology

WILMINGTON, DE

Total Revenue
$735,260
Total Expenses
$695,782
Total Assets
$159,436
Net Assets
$109,838
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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
1995
Legal Domicile
DE
Principal Officer
DR RANDOLPH J GUSCHL
Phone
3023970034
Tax Period
2024-01-01 to 2024-12-31

DELAWARE FOUNDATION FOR SCIENCE AND MATHEMATICS EDUCATION, founded in 1995, is a small nonprofit in the Science & Technology sector that reported $735K in total revenue in fiscal year 2024. Expenses of $696K left a modest 5% surplus.

Mission

DFSME'S MISSION IS TO STRENGTHEN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS EDUCATION TO PREPARE ALL DELAWARE STUDENTS TO BE INFORMED CITIZENS AND COMPETITIVE IN THE GLOBAL WORKFORCE.

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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 $711,690
Program Service Revenue $0
Investment Income $0
Other Revenue $23,570
TOTAL REVENUE $735,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,000
Fundraising Expenses $0
Program Expenses $510,637
Other Expenses $623,782
TOTAL EXPENSES $695,782

Year-over-Year Comparison

2024 2023 Change
Revenue $735,260 $750,131 0.0%
Expenses $695,782 $703,669 0.0%
Net Income $39,478 $46,462 -0.2%
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
25
Independent Members
25
Employees
N/A
Volunteers
25

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
$72,000
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JON R MANON PRESIDENT 1.00
Officer Director
$0 $0 $0
DR TERI QUINN GRAY MEMBER 1.00
Officer Director
$0 $0 $0
DAVID CADOGAN SECRETARY 1.00
Officer Director
$0 $0 $0
JAMES DURBANO MEMBER 1.00
Director
$0 $0 $0
JENNIFER KMIEC MEMBER 1.00
Director
$0 $0 $0
CAROLMARIE BROWN MEMBER 1.00
Director
$0 $0 $0
DR PHYLLIS BUCHANAN MEMBER 1.00
Director
$0 $0 $0
DR SUSAN BUNTING MEMBER 1.00
Director
$0 $0 $0
PATRICK MCCRUMMEN MEMBER 1.00
Director
$0 $0 $0
DR MELISSA HARRINGTON MEMBER 1.00
Director
$0 $0 $0
DR MARK HOLODICK MEMBER 1.00
Director
$0 $0 $0
JOSEPH IANNONE MEMBER 1.00
Director
$0 $0 $0
AMANDA IRWIN MEMBER 1.00
Director
$0 $0 $0
DR DANIELE KIDD MEMBER 1.00
Director
$0 $0 $0
DR WILLIAM KROEN MEMBER 1.00
Director
$0 $0 $0
DR MICHELLE KUTCH MEMBER 1.00
Director
$0 $0 $0
DR LOURDES PUIG VICE PRESIDE 1.00
Director
$0 $0 $0
DR STEPHEN SCHWARTZ MEMBER 1.00
Director
$0 $0 $0
P JEANETTE SIMON MEMBER 1.00
Director
$0 $0 $0
SENATOR DAVID SOKOLA MEMBER 1.00
Director
$0 $0 $0
MILTON MULDROW MEMBER 1.00
Director
$0 $0 $0
AMBER YOUNG MEMBER 1.00
Director
$0 $0 $0
MR DANIEL HARRIS MEMBER 1.00
Director
$0 $0 $0
MR JB HERSCH MEMBER 1.00
Director
$0 $0 $0
VITA CONSIGLIO MEMBER 1.00
Director
$0 $0 $0
DR RANDOLPH J GUSCHL EXECUTIVE DI 35.00
Officer
$72,000 $0 $72,000
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 $735,260 $695,782 $159,436 $39,478
2023 $750,131 $703,669 $122,819 $46,462
2022 $506,573 $588,455 $127,046 $-81,882
2022 $562,413 $589,943 $177,798 $-27,530
2021 $441,150 $464,283 $121,710 $-23,133
2020 $228,043 $223,001 $128,913 $5,042
2019 $281,374 $282,498 $123,871 $-1,124
2018 $505,624 $516,228 $143,826 $-10,604
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