Civic Intelligence

Daymark Recovery Services Inc

EIN 02-0707661 • 501(c)3 • Salisbury, NC

Profile

To provide mental health, and substance abuse services for people suffering from those disabilities in central north carolina.

2129 Statesville BlvdSalisbury, NC 28147-1411

www.daymarkrecovery.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

36th percentile

0.15x

Higher debt load relative to assets than 36% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

17th percentile

0.10x

Higher debt load relative to revenue than 17% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

34%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

21%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$79,837,680

Up $20,093,425 (+34%) from 2024

Liabilities

Down

$12,174,676

Down $125,546 (-1.0%) from 2024

Net Assets

Up

$67,663,004

Up $20,218,971 (+43%) from 2024

Revenue

Up

$117,920,654

Up $20,140,696 (+21%) from 2024

Expenses

Up

$97,818,295

Up $10,869,468 (+13%) from 2024

Net Income

Up

$20,102,359

Up $9,271,228 (+86%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $8,108,994Liabilities 2010: $3,157,911Net Assets 2010: $4,951,0832010Assets 2011: $10,098,624Liabilities 2011: $4,382,667Net Assets 2011: $5,715,9572011Assets 2012: $11,658,419Liabilities 2012: $5,084,098Net Assets 2012: $6,574,3212012Assets 2013: $13,550,709Liabilities 2013: $5,437,328Net Assets 2013: $8,113,3812013Assets 2014: $14,597,079Liabilities 2014: $5,825,540Net Assets 2014: $8,771,5392014Assets 2015: $15,890,438Liabilities 2015: $5,412,923Net Assets 2015: $10,477,5152015Assets 2016: $20,001,454Liabilities 2016: $7,187,809Net Assets 2016: $12,813,6452016Assets 2017: $22,182,954Liabilities 2017: $7,266,177Net Assets 2017: $14,916,7772017Assets 2018: $23,866,051Liabilities 2018: $7,793,253Net Assets 2018: $16,072,7982018Assets 2019: $21,212,208Liabilities 2019: $6,726,465Net Assets 2019: $14,485,7432019Assets 2020: $26,108,202Liabilities 2020: $6,945,502Net Assets 2020: $19,162,7002020Assets 2021: $35,448,352Liabilities 2021: $7,590,125Net Assets 2021: $27,858,2272021Assets 2022: $39,230,183Liabilities 2022: $9,498,256Net Assets 2022: $29,731,9272022Assets 2023: $47,855,243Liabilities 2023: $11,359,724Net Assets 2023: $36,495,5192023Assets 2024: $59,744,255Liabilities 2024: $12,300,222Net Assets 2024: $47,444,0332024Assets 2025: $79,837,680Liabilities 2025: $12,174,676Net Assets 2025: $67,663,0042025

Highlighted filing

2025

Assets$79,837,680
Liabilities$12,174,676
Net Assets$67,663,004

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $27,874,7702010Expenses 2011: $30,628,8832011Expenses 2012: $44,587,1292012Revenue 2013: $50,819,518Expenses 2013: $49,280,458Net Income 2013: $1,539,0602013Revenue 2014: $50,918,380Expenses 2014: $50,260,223Net Income 2014: $658,1572014Revenue 2015: $52,973,366Expenses 2015: $51,267,390Net Income 2015: $1,705,9762015Revenue 2016: $55,368,617Expenses 2016: $53,032,487Net Income 2016: $2,336,1302016Revenue 2017: $56,363,666Expenses 2017: $54,260,534Net Income 2017: $2,103,1322017Revenue 2018: $59,473,666Expenses 2018: $58,317,645Net Income 2018: $1,156,0212018Revenue 2019: $60,871,412Expenses 2019: $62,458,467Net Income 2019: -$1,587,0552019Revenue 2020: $64,042,971Expenses 2020: $59,380,778Net Income 2020: $4,662,1932020Revenue 2021: $66,004,815Expenses 2021: $57,415,914Net Income 2021: $8,588,9012021Revenue 2022: $65,095,451Expenses 2022: $63,268,279Net Income 2022: $1,827,1722022Revenue 2023: $82,899,140Expenses 2023: $76,284,352Net Income 2023: $6,614,7882023Revenue 2024: $97,779,958Expenses 2024: $86,948,827Net Income 2024: $10,831,1312024Revenue 2025: $117,920,654Expenses 2025: $97,818,295Net Income 2025: $20,102,3592025

Highlighted filing

2025

Revenue$117,920,654
Expenses$97,818,295
Net Income$20,102,359

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$79.8$12.2$67.7$118$97.8$20.1
2024Detailed filing. Detailed filing data is available for this year.$59.7$12.3$47.4$97.8$86.9$10.8
2023Detailed filing. Detailed filing data is available for this year.$47.9$11.4$36.5$82.9$76.3$6.61
2022Detailed filing. Detailed filing data is available for this year.$39.2$9.50$29.7$65.1$63.3$1.83
2021Detailed filing. Detailed filing data is available for this year.$35.4$7.59$27.9$66.0$57.4$8.59
2020Detailed filing. Detailed filing data is available for this year.$26.1$6.95$19.2$64.0$59.4$4.66
2019Detailed filing. Detailed filing data is available for this year.$21.2$6.73$14.5$60.9$62.5$1.59
2018Detailed filing. Detailed filing data is available for this year.$23.9$7.79$16.1$59.5$58.3$1.16
2017Detailed filing. Detailed filing data is available for this year.$22.2$7.27$14.9$56.4$54.3$2.10
2016Detailed filing. Detailed filing data is available for this year.$20.0$7.19$12.8$55.4$53.0$2.34
2015Detailed filing. Detailed filing data is available for this year.$15.9$5.41$10.5$53.0$51.3$1.71
2014Detailed filing. Detailed filing data is available for this year.$14.6$5.83$8.77$50.9$50.3$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$5.44$8.11$50.8$49.3$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.7$5.08$6.57$44.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$4.38$5.72$30.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.11$3.16$4.95$27.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 21, 2026
Return Version
2024v5.5
Gross Receipts
$141,543,289
Mission and Program Overview

Mission

To provide mental health, and substance abuse services for people suffering from those disabilities in central north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,893,045$44,688,728▲ $14,795,683
Investments in Publicly Traded Securities$11,347,192$11,908,767▲ $561,575
Pledges and Grants Receivable$3,308,138$7,962,086▲ $4,653,948
Land, Buildings, and Equipment, Net$4,623,663$6,033,995▲ $1,410,332
Intangible Assets$3,828,285$4,188,117▲ $359,832
Accounts Receivable$6,038,492$4,131,186▼ $1,907,306
Prepaid Expenses and Deferred Charges$302,358$924,801▲ $622,443
Total Assets$59,744,255$79,837,680▲ $20,093,425
Other Assets Total$403,082--
Liabilities
Accounts Payable and Accrued Expenses$7,355,840$6,725,989▼ $629,851
Unsecured Notes Loans Payable$3,856,274$4,178,149▲ $321,875
Mortgage Notes Payable Secured by Investment Property$1,088,108$909,103▼ $179,005
Deferred Revenue-$361,435-
Total Liabilities$12,300,222$12,174,676▼ $125,546
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,444,033$67,663,004▲ $20,218,971
Total Net Assets Fund Balance$47,444,033$67,663,004▲ $20,218,971
Total Liabilities and Net Assets / Fund Balance$59,744,255$79,837,680▲ $20,093,425

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,574,810$5,023,462$7,598,272
Buildings$1,535,308$2,995,389$4,530,697
Leasehold Improvements$540,023$1,053,587$1,593,610
Land$1,383,854-$1,383,854
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nofal PhilipMedical DirectorFT$341,250$341,250
West Billy RExecutive DirectorFT$325,000$325,000
Pekarek Elizabeth MaryMedical DirectorFT$288,400$288,400
Hassani JoumanaMdFT$248,286$248,286
Calvert Connie LeaMdFT$246,139$246,139
Herrick Richard EdwardMdFT$230,000$230,000
Harris WilliamMdFT$218,225$218,225
Greer Jerold DChief Information OfficerFT$218,050$218,050
Ivey April MichelleMdFT$211,538$211,538
Waller R AlanFinance DirectorFT$194,255$194,255

Board Members and Trustees

NameTitle
Staton-williams DiamondBoard Chair
Veach Dr LauraBoard Chair
Botts Jr Mark FVice Chair
Baker HollyBoard of Directors
CLOUD DR D'QUAYVIONBoard of Directors
Wagner DavidBoard of Directors
Wilson FeliciaBoard of Directors
Taylor WendyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Boovy Np LlctboovyMd1067 WOOD CREEK CIRCLE, China Grove, NC 28023$223,335
Roger Laverne HoltMd3305 HORSE PEN CREEK RD, Greensboro, NC 27410$205,800
Amer Qureshi MdMd311 GETTA WAY LANE, Mocksville, NC 27028$161,832
Renee McguireMd101 HOBOKEN COURT, Apex, NC 27523$154,605
-Md6963 NOLDEN CREEK ROAD, Connelly Springs, NC 28612$137,020
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$116,430,597
Investment Income
$1,475,657
Other Revenue
$14,400
Change in Net Assets
$20,102,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$117,920,654
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$116,612
Total Revenue per Audited Statements
$118,037,266
Total Revenue per Form 990
$117,920,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$71,175,679
Other Expenses$26,642,616
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$54,569,933$5,576,051-$60,145,984
All Other Expenses$7,506,740$3,583,048-$11,089,788
Other Employee Benefits$2,825,012$3,260,555-$6,085,567
Payroll Taxes$4,008,471$435,172-$4,443,643
Other Expenses$1,462,089$2,425-$1,464,514
Insurance$726,356$189,990-$916,346
Pension Plan Contributions$491,055$9,430-$500,485
Depreciation Depletion$139,233$349,141-$488,374
Travel$422,081$60,328-$482,409
Advertising-$76,724-$76,724
Interest-$45,315-$45,315
Total Functional Expenses$83,299,925$14,518,370$0$97,818,295

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$97,818,295
Total Expenses per Audited Statements$97,818,295
Total Expenses per Form 990$97,818,295
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the cfo and board prior to filing

Form 990, Part VI, Section B, Line 12C

In order to ensure the absence of conflict of interest within the services this organization provides, daymark inc. Prohibits the practice of steering or directing referrals of applicants or persons served to a private/practice in which professional personnel, consultants, or the immediate families of personnel and consultants may be engaged

Form 990, Part VI, Section B, Line 15A

Salaries are determined by the noncompensated board of directors.

Form 990, Part VI, Section C, Line 18

The organizations tax filings are available for inspection at the corporate office as well as on www.guidestar.org

Form 990, Part VI, Section C, Line 19

These documents are available for inspection at the corporate office

Filing and Contact Details

Filer

Filer Name
Daymark Recovery Services Inc
EIN
02-0707661
Phone
7046479494
Address
2129 STATESVILLE BLVD, SALISBURY, NC 28147-1411

Signing Officer

Name
R Alan Waller
Title
Finance Director
Phone
9109755854
Signed
2026-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
R Alan Waller
Formed
2003
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
1,343
Volunteers
0

Preparer

Firm
Martin Starnes & Associates Cpas Pa
Address
730 13TH AVENUE DR SE, HICKORY, NC 28602-5196
Preparer
John B Whitley Ii Cpacfp
Phone
8283272727
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Mission driven, comprehensive community provider of culturally sensitive mental health and substance abuse services. The daymark goal is for skilled medical and behavioral healthcare professionals to support citizens of all ages and their families with the greatest opportunity for recovery, independence and the highest quality of life.

Form 990, Part IX, Line 24E

Supplies: program service expenses 1,369,110. Management and general expenses 3,265. Fundraising expenses 0. Total expenses 1,372,375. Miscellaneous expense: program service expenses 461,327. Management and general expenses 644,353. Fundraising expenses 0. Total expenses 1,105,680. Small tools: program service expenses 950,292. Management and general expenses 121,561. Fundraising expenses 0. Total expenses 1,071,853. Licensures: program service expenses 160,836. Management and general expenses 873,808. Fundraising expenses 0. Total expenses 1,034,644. Security services: program service expenses 160,704. Management and general expenses 873,089. Fundraising expenses 0. Total expenses 1,033,793. Repairs and maintenance: program service expenses 975,352. Management and general expenses 51,367. Fundraising expenses 0. Total expenses 1,026,719. Professional services: program service expenses 187,924. Management and general expenses 713,888. Fundraising expenses 0. Total expenses 901,812. Utilities: program service expenses 795,139. Management and general expenses 30,728. Fundraising expenses 0. Total expenses 825,867. Cleaning services: program service expenses 736,361. Management and general expenses 28,687. Fundraising expenses 0. Total expenses 765,048. Service contracts: program service expenses 571,420. Management and general expenses 78,924. Fundraising expenses 0. Total expenses 650,344. Communications and telephone: program service expenses 576,572. Management and general expenses 9,430. Fundraising expenses 0. Total expenses 586,002. Medicine: program service expenses 456,025. Management and general expenses 0. Fundraising expenses 0. Total expenses 456,025. Bad debt: program service expenses 0. Management and general expenses 141,369. Fundraising expenses 0. Total expenses 141,369. Transcription services: program service expenses 60,517. Management and general expenses 5,287. Fundraising expenses 0. Total expenses 65,804. Printing: program service expenses 34,361. Management and general expenses 7,292. Fundraising expenses 0. Total expenses 41,653. Special prog materials: program service expenses 10,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,800.

FORM 990, PART XII, LINE 2C:

The organization has not changed either its oversight or selection process during the tax year

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under the irc section 501(c)(3), through it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. Daymark recovery services, inc. Has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 705 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PROVIDED DIRECT BEHAVORIAL HEALTHCARE & SUBSTANCE ABUSE SERVICES TO THE CITIZENS OF 28 COUNTIES IN CENTRAL NORTH CAROLINA. SERVICES INCLUDE OUTPATIENT & FAMILY COUNSELING, MEDICAL PSYCHIATRIC SERVICES & EMERGENCY ASSESSMENT SERVICES.
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