DANIEL J PRESTON CHARITABLE TRUST … - Form 990 Financial Data

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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

1954

Legal Domicile

Principal Officer

BROWN ADVISORY

Phone

3023517602

Tax Period

2023-01-01 to 2023-12-31

DANIEL J PRESTON CHARITABLE TRUST DTD 020554, founded in 1954, is a small nonprofit that reported $138K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $255K exceeded revenue, resulting in a 85% operating deficit.

Mission

PROVIDE MONTHLY INCOME TO SUPPORT THE PROGRAMS AND MISSION OF THE DELAWARE ACADEMY OF MEDICINE, INC., INCLUDING FUNDING FOR THE MEDICAL STUDENT LOAN PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $243,430

PROVIDE MONTHLY INCOME TO SUPPORT THE PROGRAM AND MISSION OF THE DELAWARE ACADEMY OF MEDICINE, INC.

Program 2

PROVIDE LOANS TO MEDICAL STUDETNS THROUGH THE DELAWARE ACADEMY OF MEDICINE, INC. STUDENT LOAN PROGRAM

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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 $0

Program Service Revenue $0

Investment Income $137,845

Other Revenue $0

TOTAL REVENUE $137,845

Expense Breakdown

Grants Paid $243,430

Salaries & Benefits $9,801

Fundraising Expenses $0

Program Expenses $243,430

Other Expenses $1,500

TOTAL EXPENSES $254,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$137,845	$183,138	-0.2%
Expenses	$254,731	$300,459	-0.2%
Net Income	$-116,886	$-117,321	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	3.00		$9,801	$0	$9,801

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
2023	$137,845	$254,731	$5,835,459	$-116,886
2022	$183,138	$300,459	$5,481,182	$-117,321
2021	$514,815	$272,621	$6,350,321	$242,194
2020	$42,050	$252,004	$5,828,284	$-209,954
2019	$442,182	$224,134	$5,388,709	$218,048
2018	$442,995	$251,962	$4,662,401	$191,033

DANIEL J PRESTON CHARITABLE TRUST DTD 020554