DELAWARE COLLEGE SCHOLARS INC

EIN: 824608572 501(c)(3) Youth Development

WILMINGTON, DE

Total Revenue
$1,148,085
Total Expenses
$1,374,745
Total Assets
$296,873
Net Assets
$274,788
🔒

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
2016
Legal Domicile
DE
Principal Officer
DR TONY ALLEYNE
Phone
3024376144
Tax Period
2023-01-01 to 2023-12-31

DELAWARE COLLEGE SCHOLARS INC, founded in 2016, is a community nonprofit in the Youth Development sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.4M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO ACADEMICALLY AND SOCIALLY PREPARE HIGH-ACHIEVING, UNDER-RESOURCED DELAWARE PUBLIC HIGH SCHOOL STUDENTS FOR SUCCESSFULLY APPLYING TO, SUCCEEDING IN, AND GRADUATING FROM FOUR-YEAR COLLEGES AND UNIVERSITIES. PREFERENCE IS GIVEN TO FIRST-GENERATION COLLEGE STUDENTS.

Program Service Accomplishments

Program 1
Expenses: $918,239 Revenue: $262,671

OUR TUITION-FREE SEVEN-YEAR PROGRAM WITH A THREE-YEAR RESIDENTIAL COMPONENT HELPS THE BEST AND BRIGHTEST DISADVANTAGED STUDENTS NAVIGATE THE COMPLEX PATH TO COLLEGE ACCEPTANCE, COLLEGE PERSISTENCE...

Read more

OUR TUITION-FREE SEVEN-YEAR PROGRAM WITH A THREE-YEAR RESIDENTIAL COMPONENT HELPS THE BEST AND BRIGHTEST DISADVANTAGED STUDENTS NAVIGATE THE COMPLEX PATH TO COLLEGE ACCEPTANCE, COLLEGE PERSISTENCE AND CAREER SUCCESS. THE EFFECTIVENESS AND IMPACT OF THE PROGRAM ARE BEST ILLUSTRATED WITH THE FOLLOWING STATISTICS: 100% OF STUDENTS IN THE PROGRAM GRADUATE FROM HIGH SCHOOL ON TIME VS. 64% OF THEIR PEERS; 98% WILL ENTER COLLEGE DIRECTLY AFTER HIGH SCHOOL VS. 24% OF THEIR PEERS; 94% WILL CHOOSE TO ATTEND FOUR-YEAR COLLEGES OR UNIVERSITIES VS. 8% OF THEIR PEERS, AND; 95% OF THOSE ATTENDING WILL PERSIST TO THEIR SOPHOMORE YEAR AT A FOUR-YEAR INSTITUTION VS. 17% OF THEIR PEERS. DURING CALENDAR YEAR 2023 (THE 10TH YEAR OF THE PROGRAM), DCS PROUDLY PRESENTS THE FOLLOWING PROGRAM ACCOMPLISHMENTS:COHORTS 1,2, 3 & 4 - 78%,76%, 80% AND 81% HAVE GRADUATED FROM 4-YEAR COLLEGES ON TIME.COHORTS 5,6,7, 8 & 9 CONTINUED PROGRESSING THROUGH THE PROGRAM IN SPITE OF HARDSHIPS IMPOSED BY COVID.COHORT 10 - 60 NEW IN-PERSON SCHOLARS BEGAN THE RESIDENTIAL PORTION OF THE DCS PROGRAM AT THE DELAWARE STATE UNIVERSITY CAMPUS.

Program 2
Expenses: $82,500 Revenue: $0

QUEEN CITY SCHOLARS IS AN EXPANSION OF THE DELAWARE COLLEGE SCHOLARS PROGRAM. THE MISSION REMAINS THE SAME, TO PREPARE AND SUPPORT UNDER-RESOURCED STUDENTS ACADEMICALLY AND SOCIALLY TO SUCCEED IN...

Read more

QUEEN CITY SCHOLARS IS AN EXPANSION OF THE DELAWARE COLLEGE SCHOLARS PROGRAM. THE MISSION REMAINS THE SAME, TO PREPARE AND SUPPORT UNDER-RESOURCED STUDENTS ACADEMICALLY AND SOCIALLY TO SUCCEED IN THEIR POST-SECONDARY JOURNIES. DCS PROVIDES AN INTENTIONAL RESIDENTIAL LIVED EXPERIENCE THAT REPLICATES THE ACADEMIC RIGORS AND SOCIAL COMPLEXITY OF BEING AWAY FROM HOME FOR COLLEGE. OUR VISION IS THAT THROUGH THIS EXPERIENCE, OUR SCHOLARS DEVELOP THE HARD AND SOFT SKILLS TO NOT ONLY FIND THEIR RIGHT ACADEMIC, SOCIAL, AND FINANCIAL POST-SECONDARY FIT, BUT TO THRIVE ON THEIR NEXT JOURNEY. CURRENTLY WE TRANSPORT THE CHARLOTTE STUDENTS TO DELAWARE TO JOIN OUR PROGRAMMING AT DELAWARE STATE UNIVERSITY.

🔒

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 $885,414
Program Service Revenue $262,671
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,148,085

Expense Breakdown

Grants Paid $105,250
Salaries & Benefits $476,113
Fundraising Expenses $70,572
Program Expenses $1,000,739
Other Expenses $786,982
TOTAL EXPENSES $1,374,745

Year-over-Year Comparison

2023 2022 Change
Revenue $1,148,085 $1,079,480 +0.1%
Expenses $1,374,745 $1,165,029 +0.2%
Net Income $-226,660 $-85,549 +1.6%
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
9
Independent Members
9
Employees
26
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
$129,260
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNNE HOWARD PRESIDENT 3.00
Officer Director
$0 $0 $0
GLENN THOMPSON SECRETARY 2.00
Officer Director
$0 $0 $0
PETER KENNEDY TREASURER 2.00
Officer Director
$0 $0 $0
KATIE WILKINSON DIRECTOR 1.00
Director
$0 $0 $0
MADELEINE BAYARD DIRECTOR 1.00
Director
$0 $0 $0
FRED SEARS DIRECTOR 1.00
Director
$0 $0 $0
HEATHER LEBERSTEIN DIRECTOR 1.00
Director
$0 $0 $0
JASON HONSEL DIRECTOR 1.00
Director
$0 $0 $0
TAD ROACH DIRECTOR 1.00
Director
$0 $0 $0
MARWANE ADLANI DIRECTOR 1.00
Director
$0 $0 $0
MATT TWYMAN DIRECTOR 1.00
Director
$0 $0 $0
DR MARK HOLODICK DIRECTOR TO 3/22 1.00
Director
$0 $0 $0
TONY ALLEYNE EXECUTIVE DIRECTOR 50.00
Officer
$107,592 $21,668 $129,260
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 No data No data No data No data
2023 $1,148,085 $1,374,745 $296,873 $-226,660
2022 $1,079,480 $1,165,029 $528,022 $-85,549
2021 $1,012,169 $909,836 $596,726 $102,333
2020 $882,357 $528,919 $489,031 $353,438
2019 $464,600 $774,292 $135,043 $-309,692
Explore More Nonprofits
Top 100 Nonprofits in Delaware Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare DELAWARE COLLEGE SCHOLARS INC with other nonprofits in Delaware and across the country.