Civic Intelligence

Daybreak Inc.

990 • Fiscal year 2018 • EIN 31-0864474

Jul 01, 2017 to Jun 30, 2018 • Filed on May 01, 2019

605 S Patterson BlvdDayton, OH 45402

(937) 395-4600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.17x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

21st percentile

-5.3%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

44th percentile

$159,003

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

53rd percentile

2.7%

Faster asset growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2018

Revenue Growth

16th percentile

-13%

Faster revenue growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2018

Assets

Up

$12,760,979

Up $660,876 (+5.5%) from 2016

Net Assets

Up

$11,720,264

Up $1,163,296 (+11%) from 2016

Liabilities

Down

$1,040,715

Down $502,420 (-33%) from 2016

Revenue

Down

$6,284,896

Down $2,072,708 (-25%) from 2016

Expenses

Up

$6,617,655

Up $1,104,386 (+20%) from 2016

Net Income

Down

-$332,759

Down $3,177,094 (-112%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2015: $8,389,931Liabilities 2015: $574,189Net Assets 2015: $7,815,7422015Assets 2016: $12,100,103Liabilities 2016: $1,543,135Net Assets 2016: $10,556,9682016Assets 2018: $12,760,979Liabilities 2018: $1,040,715Net Assets 2018: $11,720,2642018Assets 2019: $13,478,763Liabilities 2019: $578,985Net Assets 2019: $12,899,7782019Assets 2020: $14,022,800Liabilities 2020: $893,852Net Assets 2020: $13,128,9482020Assets 2021: $15,126,317Liabilities 2021: $625,831Net Assets 2021: $14,500,4862021Assets 2022: $13,600,175Liabilities 2022: $519,754Net Assets 2022: $13,080,4212022Assets 2023: $13,241,825Liabilities 2023: $473,274Net Assets 2023: $12,768,5512023Assets 2024: $12,882,159Liabilities 2024: $475,598Net Assets 2024: $12,406,5612024

Highlighted filing

2018

Assets$12,760,979
Liabilities$1,040,715
Net Assets$11,720,264

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $4,955,051Expenses 2015: $5,222,020Net Income 2015: -$266,9692015Revenue 2016: $8,357,604Expenses 2016: $5,513,269Net Income 2016: $2,844,3352016Revenue 2018: $6,284,896Expenses 2018: $6,617,655Net Income 2018: -$332,7592018Revenue 2019: $7,872,440Expenses 2019: $6,739,488Net Income 2019: $1,132,9522019Revenue 2020: $8,242,926Expenses 2020: $8,070,182Net Income 2020: $172,7442020Revenue 2021: $8,095,589Expenses 2021: $8,081,158Net Income 2021: $14,4312021Revenue 2022: $7,280,994Expenses 2022: $7,732,460Net Income 2022: -$451,4662022Revenue 2023: $6,248,335Expenses 2023: $7,418,512Net Income 2023: -$1,170,1772023Revenue 2024: $6,756,193Expenses 2024: $7,561,694Net Income 2024: -$805,5012024

Highlighted filing

2018

Revenue$6,284,896
Expenses$6,617,655
Net Income-$332,759
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 1, 2019
Return Version
2017v2.3
Gross Receipts
$6,943,936
Mission and Program Overview

Mission

To eliminate youth homelessness in the Miami Valley through comprehensive and results oriented programs that provide safety and stability for runaway, troubled and homeless youth.

To eliminate youth homelessness in the miami valley through comprehensive and results oriented programs that provide safety and stability for runaway troubled and homeless youth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,681,192$8,373,489▼ $307,703
Investments in Publicly Traded Securities$1,897,410$2,018,809▲ $121,399
Pledges and Grants Receivable$2,310,358$1,836,837▼ $473,521
Other Notes and Loans Receivable, Net$386,000$386,000→ $0
Cash and Non-Interest-Bearing Accounts$194,269$83,721▼ $110,548
Inventories for Sale or Use$23,280$41,097▲ $17,817
Prepaid Expenses and Deferred Charges$20,529$21,026▲ $497
Total Assets$13,513,038$12,760,979▼ $752,059
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,085,364$559,663▼ $525,701
Accounts Payable and Accrued Expenses$423,501$481,052▲ $57,551
Total Liabilities$1,508,865$1,040,715▼ $468,150
Net Assets / Fund Balance
Unrestricted Net Assets$10,786,236$10,945,204▲ $158,968
Temporarily Rstr Net Assets$1,217,937$775,060▼ $442,877
Total Net Assets Fund Balance$12,004,173$11,720,264▼ $283,909
Total Liabilities and Net Assets / Fund Balance$13,513,038$12,760,979▼ $752,059

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,586,196$3,532,752$11,118,948
Equipment$491,916$921,595$1,413,511
Land$295,377-$295,377

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,897,410-▲ $133,174-$2,018,809
2016$1,707,254-▲ $190,156-$1,897,410
2015$1,768,032-▼ $60,778-$1,707,254
2014$1,718,470-▲ $49,562-$1,768,032
2013$1,577,714$700,000▲ $240,756$800,000$1,718,470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda L KramerChief ExecutFT$143,246$15,757$159,003
Linda L KramerChief Executive Offi-$130,746$28,257$159,003
John JagodzinskiChief Fin ofFT$30,136$5,424$35,560

Board Members and Trustees

NameTitle
Dan SadlierBoard Presid
Barbara MillsTrustee
Christopher BrownTrustee
Craig JacksonTrustee
Jim BrownTrustee
Kelle FecherTrustee
Michael CarterTrustee
Mimi RoseTrustee
Molly HallTrustee
Pamela EllisTrustee
Steve MasonTrustee
Carolyn PhelpsSecretary
Paul JonesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Goodwill Easter Seals Of Miami ValleContractor660 SOUTH MAIN ST, Dayton, OH 45402$133,536
Revenue and Support

Revenue Composition

Contributions and Grants
$5,010,266
Program Service Revenue
$831,800
Investment Income
$255,247
Other Revenue
$187,583
All Other Contributions
$1,420,247
Change in Net Assets
$-332,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,345,008
Revenue Not Reported on Financial Statements
$-60,112
Revenue Not Reported on Form 990
$-31,328
Other Revenue Adjustments
$-60,112
Total Revenue per Audited Statements
$6,313,680
Total Revenue per Form 990
$6,284,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,326,748
Other Expenses$2,290,907
Total Fundraising Expense$289,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,964,191$195,210$134,387$3,293,788
Occupancy$720,497$35,686$8,891$765,074
Depreciation Depletion$500,631$37,141$11,972$549,744
Other Employee Benefits$446,110$47,675$20,359$514,144
Office Expenses$402,868$13,329$14,616$430,813
Payroll Taxes$265,721$12,222$17,423$295,366
Current Officers, Directors, Trustees, and Key Employees$42,456$75,064$55,862$173,382
Information Technology$92,881$6,674$8,749$108,304
Travel$55,604$463$127$56,194
Comp Disqual Persons-$50,068-$50,068
Interest-$37,757-$37,757
Fees for Services Accounting-$30,546-$30,546
Conferences and Meetings$13,050$1,008$314$14,372
Other Expenses$6,851$48$9,957$6,851
Fees for Services Other$2,829--$2,829
Fees for Services Legal-$55-$55
Total Functional Expenses$5,763,996$564,632$289,027$6,617,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,702,166
Expenses per Audited Statements$6,677,767
Total Expenses per Form 990$6,617,655
Expenses Not Reported on Form 990$24,399
Expenses Not Reported on Financial Statements$-60,112
Other Expense Adjustments$-60,112
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$102,104
Fundraising Direct Expenses$60,112
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Twilight at the$135,404$102,104$1,543$100,561
Total Events$135,404$102,104$60,112$41,992
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Opportunity House LLCOfficer of BothRental of PropertyNo$125,223
Opportunity House LLCOfficer of BothAdministrative ExpNo$29,193
Opportunity House LLCOfficer of BothRental of PropertyNo$19,601
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Daybreak's chief financial officer (cfo) e-mails it to the board of trustees, and the finance/audit committee prior to filing. The cfo requests that anyone with comments, questionsand/or recommend changes respond within a specified period of time. If corrections are made, the final version of the form 990 is redistributed pior to submission to the irs.

Form 990, Page 6, Part VI, Line 12C

Daybreak has a conflict of interest policy which includes employees, trustees and officers. The chief administrative officer (cao) ensures employees and officers review the policy upon hire and each time a change occurs. Staff members submit an electronic acknowledgement form after reviewing the policy. The cao distributes a conflict of interest policy and questionairre for completion by trustees at the first board meeting of each fiscal year. Daybeak senior management determines if conflicts exist, review the circumstances and take action as needed. The cao takes minutes at all board of trustee meetings and makes sure that trustees refrain from voting and/or participating in discussions that involve conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The chief executive officer (ceo) undergoes an annual review conducted by the board of trustees president and the executive committee. The chief administrative officer (cao) provides the board president with local agency 990's and salary survey data for use as reference when determining comparable compensation. The board president prepares a compensation package and presents it to the executive committee along with the ceo's annual review. After the committee approves the compensation package and annual review, the board president meets with the ceo to discuss the results. The board president gives the cao a copy of the ceo's annual review, which is kept in a personnel file.

Form 990, Page 6, Part VI, Line 19

Copies of daybreak's governing documents, conflict of interest policy and financial statements are made available upon request. Thay can be picked up at daybreak's main business location, mailed, e-mailed or faxed.

Filing and Contact Details

Filer

Filer Name
Daybreak Inc
EIN
31-0864474
Phone
9373954600
Address
605 S PATTERSON BLVD, DAYTON, OH 45402

Signing Officer

Name
John Jagodzinski
Title
Chief Fin Officer
Phone
9373954600
Signed
2019-05-01

Organization Details

Principal Officer
Linda L Kramer
Formed
1975
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
127
Volunteers
40

Preparer

Firm
Manning & Associates Cpas LLC
Address
PO BOX 13449, DAYTON, OH 45413-0449
Preparer
Sandra L Comer CPA
Phone
9378983167
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Snack are provided periodically through the day. Youth have access to computers, tutoring, employment support, transportation, basic life skills training, referrals to other community resources, anger management and conflict resolution training, substance abuse prevention and aftercare services.

Form 990, Page 2, Part III, Line 4B

The structure and stability the youth need before moving into a less structured program environment in the 30 community units. Community clients pay a portion of their rent & utilities until they graduate from the program and take over full responsibility of their bills.

Form 990, Page 2, Part III, Line 4C

Job training under staff supervisionat lindy's, our gourmet dog biscuit bakery. Finally, clients receive assistance obtaining outside employment, including supportive employment with local partners, while continuing to meet with staff to address maintaining their employment.

Form 990, Page 2, Part III, Line 4D

Outreach - unduplicated clients served = 337 helps street youth leave the streets and assists them in moving and adjusting to safe and appropriate living arrangements so that they begin to become independent, self-sufficient, contributing members of society. By contacting high-risk youth from dayton and surrounding counties the program works ot identify and provide services to runaway and indefinitely or intermittently homeless youth, up to age 24, who spend a significant amount of time on the street or in othe areas thate increase their risk for victimization. Youth are provided with survival aid such as food, clothing, blankets, health & hygiene items and bus passes, access to laundry & shower facilities at daybreak, street based prevention & educaiton services, information & referrals to other community resources, counseling, help accessing shelter, and assitance with moving into transitional living or permanent housing with appropriate support services.

Form 990, Part XI, Line 9

Consolidation elimination entry 104,582 consolidation elimination entry -104,582

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The primary objective of the board designated fund is to provide long-term growth of principal and income without undue exposure to principal risk. The interest income is intended to be used for annual operating costs as approved by the board of trustees.

Schedule D, Page 4, Part XI, Line 2D

Subsidiary - consolidated audited financial statement -52,294 revenues - subsidiary consolidated f/s -27,884

Schedule D, Page 4, Part XI, Line 4B

Fundraising expense net for 990 -60,112

Schedule D, Page 4, Part XII, Line 2D

Expense of subsidiary consolidated financial statement 24,399

Schedule D, Page 4, Part XII, Line 4B

Net with fundraising on 990 -60,112

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IRS990/MissionDesc0TO ELIMINATE YOUTH HOMELESSNESS IN THE MIAMI VALLEY THROUGH COMPREHENSIVE AND RESULTS ORIENTED PROGRAMS THAT PROVIDE SAFETY AND STABILITY FOR RUNAWAY TROUBLED AND HOMELESS YOUTHS
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IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING - UNDULICATED CLIENTS SERVED =96. UNITS OF SERVICE (BEDNIGHTS) = 17,940. PROVIDES RUNAWAY AND HOMELESS YOUTH AGES 17-24 WITH THE TOOLS TO SUCCEED AT LIVING INDEPENDENTLY AS THEY TRANSITION INTO AUDULTHOOD. THIS HIGHLY STRUCTURED PROGRAM PROVIDES CASE MANAGEMENT, SUPERVISION, LIFE AND INTERPERSONAL SKILLS BUILIDNG, CAREER COUNSELING, JOB SKILLS & JOB SEEKING OPPORTUNITIES COUNSELING, ACCESS TO HEALTH CARE, 24-HOUR CRISIS INTERVENTION, PARENTING SKILLS TRAINING, ALCOHOL, TABACCO & DRUG ABUSE EDUCATION, PREGNANCY PREVENTION EDUCATION AND OPPORTUNITIES TO BE INVOLVED WITH SERVING OTHERS IN THE COMMUNITY. CLIENTS RECEIVE THESE SERVICES WHILE LIVING IN ONE OF OUR 24 IN-HOUSE OR 30 COMMUNITY APARTMENTS. THE 24 IN- HOUSE UNITS PROVIDE SUPERVISED LIVING WITH INTENSIVE PROGRAMMING PROVIDING THE STRUCTURE AND STABILITY THE YOUTH NEED BEFORE MOVING INTO A LESS STRUCTURED PROGRAM ENVIRONMENT IN THE 30 COMMUNITY UNITS. COMMUNITY CLIENTS PAY A PORTION OF THEIR RENT & UTILITIES UNTIL THEY GRADUATE FROM THE PROGRAM AND TAKE OVER FULL RESPONSIBILITY OF THEIR BILLS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0EMPLOYMENT - UNDUPLICATED CLIENTS SERVED = 281 THERE ARE NUMEROUS CHALLENGES THAT PREVENT YOUTH FROM ACHEIVING EMPLOYMENT AND THIS IS COMPOUNDED FOR HOMELESS YOUNG PEOPLE WITH CONCURRENT MENTAL HEALTH AND SUBSTANCE MISUSE PROBLEMS. THIS PROGRAM PRACTICES A 3-TIERED PHILOSOPHY OF EMPLOYMENT READINESS AND SUSTAINABILITY FOR THE YOUTH. THE OVERALL GOAL IS TO ADDRESS THE SKILLS NEEDED FOR JOB READINESS, JOB SEARCHINGAND/OR PLACEMENT, AND JOB RETENTION SO PARTICIPANTS MAY OBTAIN AND SUSTAIN EMPLOYMENT THAT ALLOWS THEM TO BE SELF-SUFFICENT. THE FIRST COMPONENT INCLUDES CLASSROOM/GROUP TRAINING, RESUMES, AND INTERVIEWING SKILLS. THE SECOND COMPONENT WILL PROVIDE EXPERIENTIAL JOB READINESS TRAINING AND ASSESSMENT BY GIVING YOUTH THE OPPORTUNITY TO PARTICIPATE IN JOB TRAINING UNDER STAFF SUPERVISIONAT LINDY'S, OUR GOURMET DOG BISCUIT BAKERY. FINALLY, CLIENTS RECEIVE ASSISTANCE OBTAINING OUTSIDE EMPLOYMENT, INCLUDING SUPPORTIVE EMPLOYMENT WITH LOCAL PARTNERS, WHILE CONTINUING TO MEET WITH STAFF TO ADDRESS MAINTAINING THEIR EMPLOYMENT.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OUTREACH - UNDUPLICATED CLIENTS SERVED = 337 HELPS STREET YOUTH LEAVE THE STREETS AND ASSISTS THEM IN MOVING AND ADJUSTING TO SAFE AND APPROPRIATE LIVING ARRANGEMENTS SO THAT THEY BEGIN TO BECOME INDEPENDENT, SELF-SUFFICIENT, CONTRIBUTING MEMBERS OF SOCIETY. BY CONTACTING HIGH-RISK YOUTH FROM DAYTON AND SURROUNDING COUNTIES THE PROGRAM WORKS OT IDENTIFY AND PROVIDE SERVICES TO RUNAWAY AND INDEFINITELY OR INTERMITTENTLY HOMELESS YOUTH, UP TO AGE 24, WHO SPEND A SIGNIFICANT AMOUNT OF TIME ON THE STREET OR IN OTHE AREAS THATE INCREASE THEIR RISK FOR VICTIMIZATION. YOUTH ARE PROVIDED WITH SURVIVAL AID SUCH AS FOOD, CLOTHING, BLANKETS, HEALTH & HYGIENE ITEMS AND BUS PASSES, ACCESS TO LAUNDRY & SHOWER FACILITIES AT DAYBREAK, STREET BASED PREVENTION & EDUCAITON SERVICES, INFORMATION & REFERRALS TO OTHER COMMUNITY RESOURCES, COUNSELING, HELP ACCESSING SHELTER, AND ASSITANCE WITH MOVING INTO TRANSITIONAL LIVING OR PERMANENT HOUSING WITH APPROPRIATE SUPPORT SERVICES.
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