DOVER CITY SCHOOLS EDUCATION FOUND… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

DOUG BAMBECK

Phone

3303432043

Tax Period

2024-01-01 to 2024-12-31

DOVER CITY SCHOOLS EDUCATION FOUNDATION INC, founded in 2000, is a small nonprofit in the Education sector that reported $210K in total revenue in fiscal year 2024. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 60% operating margin.

Mission

THE DOVER CITY SCHOOLS EDUCATION FOUNDATION IS A COMMUNITY BASED TRUST WHICH RECEIVES CONTRIBUTIONS FROM INDIVIDUALS, FAMILIES, SMALL GROUPS, ORGANIZATIONS AND BUSINESSES. FUNDS ARE INVESTED AND INCOME IS DISBURSED TO PROVIDE EDUCATIONAL OPPORTUNITIES TO STUDENTS OF ALL AGES. THE FOUNDATION'S PRIMARY INTENTION IS TO PROVIDE PERMANENT FUNDING FOR IMPROVING THE QUALITY OF EDUCATION FOR DOVER'S YOUTH.

Program Service Accomplishments

Program 1

Expenses: $70,400

TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS OF THE DOVER CITY SCHOOL DISTRICT, ENHANCING THEIR ABILITY TO FURTHER THEIR EDUCATION. FINANCIAL ASSISTANCE IS IN THE FORM OF SCHOLARSHIPS AND DONATIONS.

Program 2

Expenses: $3,802

PROVIDE FUNDS TO DOVER CITY SCHOOL TO SUPPORT SPECIAL PROJECTS AND PROGRAMS. FINANCIAL ASSISTANCE IS IN THE FORM OF GRANTS.

Program 3

Expenses: $5,045

TEACHER GRANTS USED FOR SPECIAL EDUCATION PURPOSES AND PROGRAMS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $113,615

Program Service Revenue $0

Investment Income $95,940

Other Revenue $0

TOTAL REVENUE $209,555

Expense Breakdown

Grants Paid $78,847

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,247

Other Expenses $4,456

TOTAL EXPENSES $83,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,555	$89,529	+1.3%
Expenses	$83,303	$58,100	+0.4%
Net Income	$126,252	$31,429	+3.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BAMBECK	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAMON STEVENSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM NIXON	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT FINNELL	TREASURER	1.00	Officer Director	$0	$0	$0
JIM CONTINI	TRUSTEE	1.00	Director	$0	$0	$0
ZACK FELLER	TRUSTEE	1.00	Director	$0	$0	$0
BROOKE GRAFE	TRUSTEE	1.00	Director	$0	$0	$0
KYLE STEMPLE	TRUSTEE	1.00	Director	$0	$0	$0
TRICIA MCKINNON	TRUSTEE	1.00	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
2024	$209,555	$83,303	$811,398	$126,252
2023	$89,529	$58,100	$726,509	$31,429
2022	$154,655	$118,738	$634,819	$35,917
2021	$150,278	$52,124	$696,849	$98,154
2020	$76,219	$63,817	$590,950	$12,402
2019	$104,505	$101,271	$531,888	$3,234

DOVER CITY SCHOOLS EDUCATION FOUNDATION INC