DAYSPRING PROGRAMS INC

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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

1997

Legal Domicile

Principal Officer

SUSAN EUTENEUER

Phone

4105633459

Tax Period

2023-07-01 to 2024-06-30

DAYSPRING PROGRAMS INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $7.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

SUBSTANCE ABUSE ASSISTANCE - HOUSING HEAD START PROGRAMS - DEVELOPMENTAL ACTIVITIES FOR CHILDREN AND PARENTING ACTIVITIES FOR PARENTS.

Program Service Accomplishments

Program 1

Expenses: $7,402,929 Revenue: $66,164

DAYSPRING PROGRAMS, INC. DAYSPRING WAS ESTABLISHED IN 1997 TO IMPROVE AFFECTED BY SUBSTANCE ABUSE, HOMELESSNESS AND POVERTY. THE PURPOSE WAS TO PROVIDE HOUSING AND SUPPORT SERVICES TO STRENGTHEN...

DAYSPRING PROGRAMS, INC. DAYSPRING WAS ESTABLISHED IN 1997 TO IMPROVE AFFECTED BY SUBSTANCE ABUSE, HOMELESSNESS AND POVERTY. THE PURPOSE WAS TO PROVIDE HOUSING AND SUPPORT SERVICES TO STRENGTHEN SUSTAINED RECOVERY AND SELF-SUFFICIENCY OF HOMELESS FAMILIES IN TREATMENT AND RECOVERY FROM SUBSTANCE ABUSE. DAYSPRINGS HEAD START SERVICES TARGET LOW-INCOME FAMILIES WITH A SPECIAL EMPHASIS ON SUBSTANCE ABUSE PREVENTION PROGRAMS. DAYSPRING PROVIDES A HEAD START PROGRAM SERVING 499 CHILDREN. HEAD START CENTERS PROVIDE DEVELOPMENTALLY APPROPRIATE ACTIVITIES FOR CHILDREN AND PARENTING EDUCATION ACTIVITIES FOR PARENTS. SUBSTANCE ABUSE PREVENTION PROGRAMS ARE PROVIDED FOR BOTH HOUSING AND HEAD START PARTICIPANTS. CONTINUED ON SCHEDULE O

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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 $7,467,812

Program Service Revenue $66,164

Investment Income $0

Other Revenue $-64,598

TOTAL REVENUE $7,469,378

Expense Breakdown

Grants Paid $1,965,893

Salaries & Benefits $4,326,323

Fundraising Expenses $0

Program Expenses $7,402,929

Other Expenses $1,770,661

TOTAL EXPENSES $8,062,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,469,378	$6,878,696	+0.1%
Expenses	$8,062,877	$7,340,090	+0.1%
Net Income	$-593,499	$-461,394	+0.3%

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

129

Volunteers

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

$115,877

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ODETTE BELCHER	EXECUTIVE DIRECTOR	040.00	Officer	$107,925	$7,952	$115,877
SUSAN EUTENEUER	PRESIDENT	000.50	Officer Director	$0	$0	$0
KELLY BOWER	SECRETARY	000.50	Officer Director	$0	$0	$0
RONNELL NATHANIEL	DIRECTOR	000.50	Director	$0	$0	$0
CHRYSTAL GREEN	DIRECTOR	000.50	Director	$0	$0	$0
ELIZABETH DOOREY	DIRECTOR	000.50	Director	$0	$0	$0
DAWNSHA MUSHONGA	DIRECTOR	000.50	Director	$0	$0	$0
ANASTASIA KADANTSEVA	DIRECTOR	000.50	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
2025	No data	No data	No data	No data
2024	$7,469,378	$8,062,877	$8,356,010	$-593,499
2023	$6,878,696	$7,340,090	$9,036,697	$-461,394
2022	$7,705,875	$7,755,318	$11,128,653	$-49,443
2021	$7,603,880	$7,601,990	$12,064,822	$1,890
2020	$7,772,836	$7,665,260	$11,815,767	$107,576
2019	$8,119,631	$8,239,786	$10,011,970	$-120,155
2018	$7,505,780	$7,565,612	$11,797,105	$-59,832