DOLPHIN FOUNDATION FOR EDUCATION & ARTS INC

EIN: 832512307 501(c)(3)

GULF SHORES, AL

Total Revenue
$145,465
Total Expenses
$105,451
Total Assets
$123,722
Net Assets
$123,722
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Financial Trends

Organization Details

Formation Year
2019
Principal Officer
JOE MCALEER
Phone
2517475433
Tax Period
2023-10-01 to 2024-09-30

DOLPHIN FOUNDATION FOR EDUCATION & ARTS INC, founded in 2019, is a micro nonprofit that reported $59K in total revenue in fiscal year 2019. The organization ran a surplus of $23K, a strong 39% operating margin.

Mission

THE CORPORATION IS ESTABLISHED WITHIN THE MEANING OF THE IRS PUBLICATION 557 SECTION 501(C)(3) ORGANIZATION OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") OR THE CORRESPONDING SECTION OF ANY FUTURE TAX CODE AND SHALL BE OPERATED EXCLUSIVELY FOR THE SUPPORT AND ENHANCEMENT OF OPPORTUNITIES FOR THE STUDENTS, TEACHERS & PARENTS OF THE GULF SHORES CITY SCHOOLS AS WELL AS THE CITY OF GULF SHORES, ALABAMA. IN ADDITION, THIS CORPORATION HAS BEEN FORMED FOR THE PURPOSE OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE FOREGOING SPECIFIC AND PRIMARY PURPOSES. HOWEVER, THE CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITY OR THE EXERCISE OF ANY POWERS WHICH ARE NOT IN FURTHERANCE OF ITS PRIMARY NON-PROFIT PURPOSES. THE CORPORATION SHALL HOLD AND MAY EXERCISE ALL SUCH POWERS AS MAY BE CONFERRED UPON ANY NONPROFIT ORGANIZATION BY THE LAWS OF THE STATE OF ALABAMA AND AS MAY BE NECESSARY OR EXPEDIENT FOR THE ADMINISTRATION OF THE AFFAIRS AND

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,390
Other Revenue $144,075
TOTAL REVENUE $145,465

Expense Breakdown

Grants Paid $51,150
Salaries & Benefits $30,000
Fundraising Expenses $12,800
Program Expenses $84,532
Other Expenses $24,301
TOTAL EXPENSES $105,451

Year-over-Year Comparison

2023 2022 Change
Revenue $145,465 $143,238 +0.0%
Expenses $105,451 $212,690 -0.5%
Net Income $40,014 $-69,452 -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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Governance

Voting Members
13
Independent Members
13
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
5
$30,000
Total Directors
13
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE MCALEER PRESIDENT N/A
Officer Director
$0 $0 $0
GARY GILPIN CHAIRMAN N/A
Officer Director
$0 $0 $0
FRANK MALONE SECRETARY N/A
Officer Director
$0 $0 $0
DOUG SIZEMORE TREASURER N/A
Officer Director
$0 $0 $0
LINDSEY MCCLURE EXECUTIVE DI 30.00
Officer Director
$30,000 $0 $30,000
HELGA JAMES MEMBER AT LA N/A
Director
$0 $0 $0
JOSH BODENHAMER MEMBER AT LA N/A
Director
$0 $0 $0
DAVID SCHWARTZ MEMBER AT LA N/A
Director
$0 $0 $0
GEORGIA KELLEY MEMBER AT LA N/A
Director
$0 $0 $0
SARA CAVANAUGH MEMBER AT LA N/A
Director
$0 $0 $0
RYAN SHAMBURGER MEMBER AT LA N/A
Director
$0 $0 $0
ROBIN JONES MEMBER AT LA N/A
Director
$0 $0 $0
KELLY HOBBS MEMBER AT LA N/A
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 $145,465 $105,451 $123,722 $40,014
2023 $115,160 $184,612 $83,708 $-69,452
2022 $96,669 $87,998 $153,160 $8,671
2021 $169,474 $135,889 $144,489 $33,585
2020 $59,156 $36,274 $110,904 $22,882
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