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Nonprofiteer
← DCU FOR KIDS

Form 990 for tax year 2023

Filed by DCU FOR KIDS.

Totals

Total revenue
$2,575,794
Total expenses
$2,328,026
Contributions and grants received
$1,397,240
Grants paid
$2,298,147
Program service revenue
$0
Investment income
$164,944
Other revenue
$1,013,610
Total assets, end of year
$5,276,283
Total liabilities, end of year
$189,000
Net assets or fund balances, end of year
$5,087,283
Program services expenses (Part IX)
$2,309,326
Management and general expenses
$18,700
Fundraising expenses
$0
Program service expenses (Part III)
$2,309,326

Program services were 99.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $636,438

  • 1d · Related organizations

    $740,637

  • 1f · All other contributions, gifts and grants

    $20,165

  • 1g · Noncash contributions included above

    $13,910

  • 3 · Investment income

    total $164,944 · excluded $164,944

  • 8a · Fundraising events: gross income

    $76,800

  • 8a · Fundraising events: contributions included on line 1c

    $636,438

  • 8b · Fundraising events: direct expenses

    $97,990

  • 8c · Net income from fundraising events

    total -$21,190 · excluded -$21,190

  • 9a · Gaming: gross income

    $1,678,800

  • 9b · Gaming: direct expenses

    $644,000

  • 9c · Net income from gaming

    total $1,034,800 · excluded $1,034,800

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,148,147 · program services $2,148,147

  • 2 · Grants to domestic individuals

    total $150,000 · program services $150,000

  • 11c · Fees: accounting

    total $18,200 · management and general $18,200

  • 11g · Fees: other

    total $2,851 · program services $2,851

  • 14 · Information technology

    total $8,275 · program services $8,275

  • 24a · Other expenses: Other Expenses

    total $553 · program services $53 · management and general $500

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,089 · end of year $2,639

  • 2 · Savings and temporary cash investments

    beginning of year $5,011,531 · end of year $4,735,747

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $525,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,895 · end of year $12,897

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,000 · end of year $9,000

  • 19 · Deferred revenue

    beginning of year $180,000 · end of year $180,000

  • 27 · Net assets without donor restrictions

    beginning of year $4,839,515 · end of year $5,087,283

Mission and programs · 2023

Mission

Distribution of charitable donations to deserving causes and charities benefiting children and families. Awarding of scholarships to deserving high school seniors who plan to attend a state or nationally accredited college or university.

  • Donations to non-profit organizations benefiting children and families.

    Expenses $2,156,475 · Grants $2,148,147

  • Scholarships to graduating high school seniors.

    Expenses $152,851 · Grants $150,000

As filed on the 2023 return.

Listed in Part VII

  • Laurie LaChapelle

    Chairperson/Treasurer

    Total calculated
    $0
    Hours/week
    0.8 + 40 related

  • Michelle Kile

    Board Member

    Total calculated
    $0
    Hours/week
    0.4 + 40 related

  • Sue Burton Kirdahy

    Board Member

    Total calculated
    $0
    Hours/week
    0.2 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
23 October 2024
IRS schema version
2023v5.1
Source object
202402999349301700

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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