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
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Financial Vulnerability Assessment (Tuckman-Chang)

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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 RECRUIT, ASSIST AND ENRICH HIGH-PERFORMING, LOWER-INCOME HIGH SCHOOL STUDENTS TO BE ACADEMICALLY AND SOCIALLY PREPARED FOR COLLEGES AND UNIVERSITIES.

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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 (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
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Financial Health Indicators

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Liquidity & Cash Position

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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
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