Civic Intelligence

Delaware Foundation for Science and Mathematics Education

EIN 51-0371355 • 501(c)3 • Wilmington, DE

Profile

Dfsme is a business-education-community-government partnership dedicated to catalyzing delaware's preparation of a globally competitive workforce with mathematics and science skills second to none. The foundation advocates for adoption of world-class standards; enables the exploration, evaluation, adaptation, and implementation of innovative and effective mathematics and science programs in delaware public schools; and focuses on improving the performance of all delaware students so that they finish high school ready for college career, and success in the global economy.

100 West 10th Street Suite 612Wilmington, DE 19801

www.dfsme.org

Siviq Scores

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

Liabilities / Assets

80th percentile

0.31x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.07x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

52nd percentile

5.4%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

76th percentile

$72,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

82nd percentile

30%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-2.0%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$159,436

Up $36,617 (+30%) from 2023

Liabilities

Down

$49,598

Down $2,861 (-5.5%) from 2023

Net Assets

Up

$109,838

Up $39,478 (+56%) from 2023

Revenue

Down

$735,260

Down $14,871 (-2.0%) from 2023

Expenses

Down

$695,782

Down $7,887 (-1.1%) from 2023

Net Income

Down

$39,478

Down $6,984 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $86,542Liabilities 2010: $0Net Assets 2010: $86,5422010Assets 2011: $68,717Liabilities 2011: $0Net Assets 2011: $68,7172011Assets 2012: $47,050Liabilities 2012: $0Net Assets 2012: $47,0502012Assets 2013: $109,191Liabilities 2013: $0Net Assets 2013: $109,1912013Assets 2014: $49,765Liabilities 2014: $0Net Assets 2014: $49,7652014Assets 2015: $140,850Liabilities 2015: $0Net Assets 2015: $140,8502015Assets 2016: $162,596Liabilities 2016: $0Net Assets 2016: $162,5962016Assets 2017: $154,429Liabilities 2017: $0Net Assets 2017: $154,4292017Assets 2018: $143,826Liabilities 2018: $0Net Assets 2018: $143,8262018Assets 2019: $123,871Liabilities 2019: $0Net Assets 2019: $123,8712019Assets 2020: $128,913Liabilities 2020: $0Net Assets 2020: $128,9132020Assets 2021: $121,710Liabilities 2021: $15,930Net Assets 2021: $105,7802021Assets 2022: $177,798Liabilities 2022: $99,548Net Assets 2022: $78,2502022Assets 2023: $122,819Liabilities 2023: $52,459Net Assets 2023: $70,3602023Assets 2024: $159,436Liabilities 2024: $49,598Net Assets 2024: $109,8382024

Highlighted filing

2024

Assets$159,436
Liabilities$49,598
Net Assets$109,838

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $388,0652010Expenses 2011: $266,9372011Revenue 2012: $156,725Expenses 2012: $178,392Net Income 2012: -$21,6672012Revenue 2013: $218,610Expenses 2013: $156,469Net Income 2013: $62,1412013Revenue 2014: $116,586Expenses 2014: $176,012Net Income 2014: -$59,4262014Revenue 2015: $195,394Expenses 2015: $104,309Net Income 2015: $91,0852015Revenue 2016: $387,740Expenses 2016: $365,994Net Income 2016: $21,7462016Revenue 2017: $568,564Expenses 2017: $576,731Net Income 2017: -$8,1672017Revenue 2018: $505,624Expenses 2018: $516,228Net Income 2018: -$10,6042018Revenue 2019: $281,374Expenses 2019: $282,498Net Income 2019: -$1,1242019Revenue 2020: $228,043Expenses 2020: $223,001Net Income 2020: $5,0422020Revenue 2021: $441,150Expenses 2021: $464,283Net Income 2021: -$23,1332021Revenue 2022: $562,413Expenses 2022: $589,943Net Income 2022: -$27,5302022Revenue 2023: $750,131Expenses 2023: $703,669Net Income 2023: $46,4622023Revenue 2024: $735,260Expenses 2024: $695,782Net Income 2024: $39,4782024

Highlighted filing

2024

Revenue$735,260
Expenses$695,782
Net Income$39,478

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.50$1.10$7.35$6.96$0.39
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.52$0.70$7.50$7.04$0.46
2022Detailed filing. Detailed filing data is available for this year.$1.78$1.00$0.78$5.62$5.90$0.28
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.16$1.06$4.41$4.64$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$2.28$2.23$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$2.81$2.82$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$5.06$5.16$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$5.69$5.77$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$3.88$3.66$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$1.95$1.04$0.91
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.17$1.76$0.59
2013Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$2.19$1.56$0.62
2012Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$1.57$1.78$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$3.88
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 2, 2025
Return Version
2024v5.0
Gross Receipts
$735,260
Mission and Program Overview

Mission

Dfsme is a business-education-community-government partnership dedicated to catalyzing delaware's preparation of a globally competitive workforce with mathematics and science skills second to none. The foundation advocates for adoption of world-class standards; enables the exploration, evaluation, adaptation, and implementation of innovative and effective mathematics and science programs in delaware public schools; and focuses on improving the performance of all delaware students so that they finish high school ready for college career, and success in the global economy.

Dfsme's mission is to strengthen science, technology, engineering, and mathematics education to prepare all delaware students to be informed citizens and competitive in the global workforce.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$62,362$111,614▲ $49,252
Accounts Receivable$58,328$45,740▼ $12,588
Prepaid Expenses and Deferred Charges$500$1,603▲ $1,103
Land, Buildings, and Equipment, Net$1,629$479▼ $1,150
Total Assets$122,819$159,436▲ $36,617
Liabilities
Accounts Payable and Accrued Expenses$52,459$49,598▼ $2,861
Total Liabilities$52,459$49,598▼ $2,861
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,893$100,838▲ $93,945
Net Assets With Donor Restrictions$63,467$9,000▼ $54,467
Total Net Assets Fund Balance$70,360$109,838▲ $39,478
Total Liabilities and Net Assets / Fund Balance$122,819$159,436▲ $36,617

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$479$9,802$10,281
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$711,690
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$23,570
All Other Contributions
$711,690
Change in Net Assets
$39,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$623,782
Salaries, Compensation, and Employee Benefits$72,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$75,791$7,496-$83,287
Other Salaries and Wages$54,000$18,000-$72,000
Other Expenses$14,710$8,027-$14,710
Occupancy$9,864--$9,864
All Other Expenses-$9,413-$9,413
Information Technology$4,383$1,461-$5,844
Office Expenses$4,219$1,407-$5,626
Travel$4,168--$4,168
Depreciation Depletion$1,150--$1,150
Insurance-$646-$646
Total Functional Expenses$510,637$185,145$0$695,782
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
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
Yes
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, Page 6, Part VI, Line 11B

Form 990 is distributed to the governing board for review and approval prior to submission

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

Each year, the conflict of interest policy must be reviewed and signed by each individual within the organization.

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

The organization's procedure for determining executive compensation includes board review, use of comparability data, and documentation for the decisions made in the minutes of the board. The policy requires independent board members to review and approve compensation using data of similarly qualified persons in functionally comparable positions at similarly situated organizations.

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

The organization's procedure for determining executive compensation includes board review, use of comparability data, and documentation for the decisions made in the minutes of the board. The policy requires independent board members to review and approve compensation using data of similarly qualified persons in functionally comparable positions at similarly situated organizations.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial data are available upon request. Form 990 is available on the organization's website and guidestar.org.

Filing and Contact Details

Filer

Filer Name
Delaware Foundation for Science and
EIN
51-0371355
Phone
3023970034
Address
100 WEST 10TH STREET SUITE 612, WILMINGTON, DE 19801

Signing Officer

Name
Dr Randolph J Guschl
Title
Executive Director
Phone
3023970034
Signed
2025-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Randolph J Guschl
Formed
1995
Legal Domicile
De
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
25

Preparer

Firm
Whisman Giordano & Associates LLC
Address
111 CONTINENTAL DR STE 210, NEWARK, DE 19713-4330
Preparer
Joseph V Giordano CPA
Phone
3022660202
Supplemental Narrative

Additional Explanations

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

Student services - from 1996 through 2006 dfsme identified, piloted, and supported the smithsonian science curriculum used in public school districts in delaware. The curriculum raised delaware students' achievement in science, as measured on the naep (nation's report card), from 35th out of 44 states and jurisdictions tested to 19th out of 45 tested. Dfsme continues to support this program. Dfsme works with the delaware department of education, the delaware science coalition, the delaware mathematics coalition and the delaware career and technical education cadre to provide educator training (both teachers and administrators) for common core and next generation standards, as well as the career and technical education pathways program, to provide extensive support for educator professional development. Dfsme also works with community educators to ensure consistency with standards and breadth of reach. Dfsme collaborates with its partners to ensure equity and inclusion for all students in stem education and helps to create a diverse, well-educated stem workforce. Dfsme holds a yearly stem equity conference offering professional learning opportunities for stem teachers at all grade levels in the state. Our business-education interface links delaware businesses and business volunteers with districts, schools, teachers, and students to provide role models, programs, and mentoring that encourages equitable stem education and stem experiences, and diversity in stem careers. Dfsme supports stem educators and educator retention through its grants and awards programs. Dfsme offers seed grants of up to 5000 for innovative, replicable, and eventually self-sustaining stem programs for educators and students. Dfsme mini grants offer just-in-time funding up to 500 for educators wishing to complement the curriculum with materials and/or activities not included in their school's budget and which, if not funded, would either be paid for out of the teachers' own pockets or be forgone. A series of awards encourages recognition and retention. These include classroom and community teacher awards, life-time accomplishment awards, and awards recognizing teams of educators working across the curriculum to bring innovative stem education to students. Dfsme serves as fiscal agent for the delaware mathematics coalition, the delaware stem council and million women mentors delaware chapter.

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IRS990/Desc0STUDENT SERVICES - FROM 1996 THROUGH 2006 DFSME IDENTIFIED, PILOTED, AND SUPPORTED THE SMITHSONIAN SCIENCE CURRICULUM USED IN PUBLIC SCHOOL DISTRICTS IN DELAWARE. THE CURRICULUM RAISED DELAWARE STUDENTS' ACHIEVEMENT IN SCIENCE, AS MEASURED ON THE NAEP (NATION'S REPORT CARD), FROM 35TH OUT OF 44 STATES AND JURISDICTIONS TESTED TO 19TH OUT OF 45 TESTED. DFSME CONTINUES TO SUPPORT THIS PROGRAM. DFSME WORKS WITH THE DELAWARE DEPARTMENT OF EDUCATION, THE DELAWARE SCIENCE COALITION, THE DELAWARE MATHEMATICS COALITION AND THE DELAWARE CAREER AND TECHNICAL EDUCATION CADRE TO PROVIDE EDUCATOR TRAINING (BOTH TEACHERS AND ADMINISTRATORS) FOR COMMON CORE AND NEXT GENERATION STANDARDS, AS WELL AS THE CAREER AND TECHNICAL EDUCATION PATHWAYS PROGRAM, TO PROVIDE EXTENSIVE SUPPORT FOR EDUCATOR PROFESSIONAL DEVELOPMENT. DFSME ALSO WORKS WITH COMMUNITY EDUCATORS TO ENSURE CONSISTENCY WITH STANDARDS AND BREADTH OF REACH. DFSME COLLABORATES WITH ITS PARTNERS TO ENSURE EQUITY AND INCLUSION FOR ALL STUDENTS IN STEM EDUCATION AND HELPS TO CREATE A DIVERSE, WELL-EDUCATED STEM WORKFORCE. DFSME HOLDS A YEARLY STEM EQUITY CONFERENCE OFFERING PROFESSIONAL LEARNING OPPORTUNITIES FOR STEM TEACHERS AT ALL GRADE LEVELS IN THE STATE. OUR BUSINESS-EDUCATION INTERFACE LINKS DELAWARE BUSINESSES AND BUSINESS VOLUNTEERS WITH DISTRICTS, SCHOOLS, TEACHERS, AND STUDENTS TO PROVIDE ROLE MODELS, PROGRAMS, AND MENTORING THAT ENCOURAGES EQUITABLE STEM EDUCATION AND STEM EXPERIENCES, AND DIVERSITY IN STEM CAREERS. DFSME SUPPORTS STEM EDUCATORS AND EDUCATOR RETENTION THROUGH ITS GRANTS AND AWARDS PROGRAMS. DFSME OFFERS SEED GRANTS OF UP TO 5000 FOR INNOVATIVE, REPLICABLE, AND EVENTUALLY SELF-SUSTAINING STEM PROGRAMS FOR EDUCATORS AND STUDENTS. DFSME MINI GRANTS OFFER JUST-IN-TIME FUNDING UP TO 500 FOR EDUCATORS WISHING TO COMPLEMENT THE CURRICULUM WITH MATERIALS AND/OR ACTIVITIES NOT INCLUDED IN THEIR SCHOOL'S BUDGET AND WHICH, IF NOT FUNDED, WOULD EITHER BE PAID FOR OUT OF THE TEACHERS' OWN POCKETS OR BE FORGONE. A SERIES OF AWARDS ENCOURAGES RECOGNITION AND RETENTION. THESE INCLUDE CLASSROOM AND COMMUNITY TEACHER AWARDS, LIFE-TIME ACCOMPLISHMENT AWARDS, AND AWARDS RECOGNIZING TEAMS OF EDUCATORS WORKING ACROSS THE CURRICULUM TO BRING INNOVATIVE STEM EDUCATION TO STUDENTS. DFSME SERVES AS FISCAL AGENT FOR THE DELAWARE MATHEMATICS COALITION, THE DELAWARE STEM COUNCIL AND MILLION WOMEN MENTORS DELAWARE CHAPTER.
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