DURHAM EXCHANGE CLUB INDUSTRIES INC

EIN: 560858562 501(c)(3) Employment

Durham, NC

Total Revenue
$7,455,544
Total Expenses
$6,042,568
Total Assets
$28,145,950
Net Assets
$27,356,386
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NC
Principal Officer
Alan Wayne
Phone
9195961341
Tax Period
2023-07-01 to 2024-06-30

DURHAM EXCHANGE CLUB INDUSTRIES INC, founded in 1966, is a community nonprofit in the Employment sector that reported $7.5M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 19% operating margin.

Mission

DECI's mission is to help individuals with vocational disabilities achieve a sense of self-worth by optimizing their potential to earn their own wages through work. This is accomplished through a variety of programs/services offered such as Supported Employment, Work Adjustment, Day Supports, Sheltered Employment, Adult Developmental Vocational Program and Enrichment Services.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,567
Program Service Revenue $3,579,316
Investment Income $592,195
Other Revenue $3,274,466
TOTAL REVENUE $7,455,544

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,913,246
Fundraising Expenses $0
Program Expenses $4,772,396
Other Expenses $1,129,322
TOTAL EXPENSES $6,042,568

Year-over-Year Comparison

2023 2022 Change
Revenue $7,455,544 $6,391,586 +0.2%
Expenses $6,042,568 $5,713,561 +0.1%
Net Income $1,412,976 $678,025 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
220
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
3
$597,651
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan Wayne President & CEO 40
Officer
$289,285 $37,345 $326,630
Melissa Summey CFO 0
Officer
$187,300 $29,411 $216,711
Scott Ruble Warehouse Director 40
Highest
$124,058 $15,561 $139,619
Danielle Jackson Production Director 40
Highest
$114,338 $18,955 $133,293
LaKeatia Daniels-Owens Human Resources Director 40
Highest
$104,896 $20,204 $125,100
Christina Sailstad COO 40
Officer
$50,840 $3,470 $54,310
Jeff Cawley Board Member 0
Director
$0 $0 $0
Rosalind Coleman Board Member 0
Director
$0 $0 $0
Gerry Dodd Board Member 0
Director
$0 $0 $0
Bill Frick Board Member 0
Director
$0 $0 $0
Kenneth Gregory Board Member 0
Director
$0 $0 $0
Gary Kramling Board Member 0
Director
$0 $0 $0
Debra Mangum Board Member 0
Director
$0 $0 $0
John Markham Board Member 0
Director
$0 $0 $0
James Muse Board Member 0
Director
$0 $0 $0
Carolyn Turner Board Member 0
Director
$0 $0 $0
Peter Hanna Board Member 0
Director
$0 $0 $0
Simon Handley Board Member 0
Director
$0 $0 $0
Cathy Thacker Board Member 0
Director
$0 $0 $0
Logan Toms Board Member 0
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 $7,455,544 $6,042,568 $28,145,950 $1,412,976
2023 $6,391,586 $5,713,561 $25,348,763 $678,025
2022 $5,688,631 $5,441,789 $24,396,757 $246,842
2021 $5,918,570 $5,598,763 $26,370,812 $319,807
2020 $7,204,786 $5,638,970 $23,612,922 $1,565,816
2019 $8,886,799 $6,006,115 $21,713,257 $2,880,684
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DURHAM EXCHANGE CLUB INDUSTRIES INC with other nonprofits in North Carolina and across the country.