Civic Intelligence

Delta Research and Educational Foundation

990 • Fiscal year 2019 • EIN 52-1338072

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 31, 2019

1703 New Hampshire Avenue NWWashington, DC 20009

(202) 347-1337

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

65th percentile

9.5%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

35th percentile

$90,000

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

48th percentile

2.5%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-6.7%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,421,095

Up $153,773 (+2.5%) from 2018

Net Assets

Up

$6,388,444

Up $182,001 (+2.9%) from 2018

Liabilities

Down

$32,651

Down $28,228 (-46%) from 2018

Revenue

Down

$2,702,945

Down $194,889 (-6.7%) from 2018

Expenses

Up

$2,447,244

Up $356,580 (+17%) from 2018

Net Income

Down

$255,701

Down $551,469 (-68%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,721,111Liabilities 2011: $54,123Net Assets 2011: $4,666,9882011Assets 2012: $4,807,884Liabilities 2012: $35,354Net Assets 2012: $4,772,5302012Assets 2013: $5,241,665Liabilities 2013: $42,174Net Assets 2013: $5,199,4912013Assets 2014: $6,020,870Liabilities 2014: $55,347Net Assets 2014: $5,965,5232014Assets 2015: $5,738,704Liabilities 2015: $52,123Net Assets 2015: $5,686,5812015Assets 2016: $5,171,226Liabilities 2016: $72,399Net Assets 2016: $5,098,8272016Assets 2017: $5,471,321Liabilities 2017: $35,058Net Assets 2017: $5,436,2632017Assets 2018: $6,267,322Liabilities 2018: $60,879Net Assets 2018: $6,206,4432018Assets 2019: $6,421,095Liabilities 2019: $32,651Net Assets 2019: $6,388,4442019Assets 2020: $6,842,054Liabilities 2020: $168,933Net Assets 2020: $6,673,1212020Assets 2021: $8,923,415Liabilities 2021: $184,602Net Assets 2021: $8,738,8132021Assets 2022: $8,813,117Liabilities 2022: $171,410Net Assets 2022: $8,641,7072022Assets 2023: $9,949,470Liabilities 2023: $92,722Net Assets 2023: $9,856,7482023Assets 2024: $11,396,762Liabilities 2024: $123,933Net Assets 2024: $11,272,8292024

Highlighted filing

2019

Assets$6,421,095
Liabilities$32,651
Net Assets$6,388,444

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,858,535Expenses 2011: $1,444,220Net Income 2011: $414,3152011Revenue 2012: $1,823,636Expenses 2012: $1,568,745Net Income 2012: $254,8912012Expenses 2013: $1,227,4782013Revenue 2014: $2,038,588Expenses 2014: $1,564,937Net Income 2014: $473,6512014Revenue 2015: $1,557,906Expenses 2015: $1,591,000Net Income 2015: -$33,0942015Revenue 2016: $1,565,022Expenses 2016: $2,000,898Net Income 2016: -$435,8762016Revenue 2017: $1,534,064Expenses 2017: $1,549,334Net Income 2017: -$15,2702017Revenue 2018: $2,897,834Expenses 2018: $2,090,664Net Income 2018: $807,1702018Revenue 2019: $2,702,945Expenses 2019: $2,447,244Net Income 2019: $255,7012019Revenue 2020: $2,892,300Expenses 2020: $2,511,712Net Income 2020: $380,5882020Revenue 2021: $3,932,041Expenses 2021: $2,678,625Net Income 2021: $1,253,4162021Revenue 2022: $4,297,698Expenses 2022: $3,029,574Net Income 2022: $1,268,1242022Revenue 2023: $4,699,018Expenses 2023: $3,774,143Net Income 2023: $924,8752023Revenue 2024: $4,599,843Expenses 2024: $3,738,708Net Income 2024: $861,1352024

Highlighted filing

2019

Revenue$2,702,945
Expenses$2,447,244
Net Income$255,701
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$2,702,945
Mission and Program Overview

Mission

The delta research and educational foundation (dref) identifies issues affecting black women, their families, and communities of the african diaspora globally, and creates solutions through research, programming, and funding in support of charitable and educational programs of delta sigma theta sorority, inc. And other collaborative organizations.

Promotes research that identifies and fashions solutions to issues affecting african american women and their families nationally and globally through funding and support of public service programs of delta sigma theta sorority inc. And collaborative organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,947,290$5,142,708▲ $195,418
Cash and Non-Interest-Bearing Accounts$1,202,408$1,141,460▼ $60,948
Land, Buildings, and Equipment, Net$20,399$17,148▼ $3,251
Total Assets$6,267,322$6,421,095▲ $153,773
Other Assets Total$97,225$119,779▲ $22,554
Liabilities
Accounts Payable and Accrued Expenses$49,033$25,535▼ $23,498
Other Liabilities$11,846$7,116▼ $4,730
Total Liabilities$60,879$32,651▼ $28,228
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,439,542$5,556,847▲ $1,117,305
Permanently Rstr Net Assets$923,129--
Unrestricted Net Assets$843,772$831,597▼ $12,175
Total Net Assets Fund Balance$6,206,443$6,388,444▲ $182,001
Total Liabilities and Net Assets / Fund Balance$6,267,322$6,421,095▲ $153,773

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,148$58,614$75,762
Investment Program Related Org$151,388--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,471,653-▲ $213,163$100,000$1,584,816
2017$1,554,892-▲ $98,761$182,000$1,471,653
2016$1,458,637-▲ $171,255$75,000$1,554,892
2015$1,686,444-▼ $2,807$-225,000$1,458,637
2014$1,695,761-▼ $9,317-$1,686,444
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia LattimoreCEOFT$90,000$90,000

Board Members and Trustees

NameTitle
Carolyn LewisPresident
Andria JeffriesBoard Member
Angela WilliamsBoard Member
Anjanette Wyatt PharmdBoard Member
Beverly SmithBoard Member
Deborah Jones-buggsBoard Member
Doreen DixonBoard Member
Jaria MartinBoard Member
Joan Prince PhdBoard Member
Johnnie Brooks BookerBoard Member
Josie DanielsBoard Member
Larry SuarezBoard Member
Michele HagansBoard Member
Nigel Long EsqBoard Member
Pat HurlockBoard Member
Suzanne Brown PetersBoard Member
Tchicaya Robertson PhdBoard Member
Teresa HarmanBoard Member
Xavier RichardsonBoard Member
Yanique MooreBoard Member
Jeanine ArnettDelta Execut
Leona M BridgesSecretary
Renee HarperTreasurer
Constance Y Ross EsqVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,338,889
Program Service Revenue
$47,730
Investment Income
$316,326
Other Revenue
$0
All Other Contributions
$2,011,115
Change in Net Assets
$255,701

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$95,300
Total Noncash Contributions1$95,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,702,945
Total Revenue per Audited Statements
$2,702,945
Total Revenue per Form 990
$2,702,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,135,914
Grants and Similar Amounts Paid$765,357
Salaries, Compensation, and Employee Benefits$545,973
Total Fundraising Expense$56,968
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$765,357--$765,357
Other Salaries and Wages$385,397$61,202-$446,599
Fees for Services Other$298,488$44,542$56,968$399,998
Travel$115,072$12,199-$127,271
Conferences and Meetings$90,505$10,694-$101,199
All Other Expenses$70,704$12,788-$83,492
Office Expenses$63,803$5,489-$69,292
Other Employee Benefits$54,731$10,624-$65,355
Payroll Taxes$29,210$4,809-$34,019
Other Expenses$45,241$22,750-$22,750
Insurance$6,952$2,317-$9,269
Depreciation Depletion$3,425$1,141-$4,566
Interest$756$251-$1,007
Total Functional Expenses$2,159,074$231,202$56,968$2,447,244

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,447,244
Total Expenses per Audited Statements$2,447,244
Total Expenses per Form 990$2,447,244
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kenya Keep--Charity Programs$75,600
Dst Berkley Bay Alumnae Chapter--Scholarships/charity$53,540
Dst Midland Alumnae Chapter--Scholarships/charity$52,951
Dst Rochester Alumnae Chapter--Scholarships/charity$35,305
Dst Pontiac Alumnae Chapter--Scholarships$33,051
Dst Fairfax Alumnae Chapter--Scholarships/charity$32,309
Dst Washington Dc Alumnae Chapter--Charity Programs$27,814
Dst Flint Alumnae Chapter--Scholarships/charity$26,000
Dst San Antonio Alumnae Chapter--Scholarships$25,479
Dst San Jose Alumnae Chapter--Scholarships$25,000
Dst Montgomery Cty Alumnae Chapter--Charity Programs$23,000
Dst Fredericksburg Alumnae Chapter--Charity Programs$22,211
Dst Grand Rapids Alumnae Chapter--Scholarships$21,900
Dst Indianapolis Alumnae Chapter--Scholarships/charity$18,500
Dst Hayward Tri-city Alumnae Chap--Charity Programs$18,274
Dst Union County Alumnae Chapter--Charity Programs$17,371
Dst Jacksonville Alumnae Chapter--Scholarships/charity$14,675
Dst Cincinnati Queen Alumnae Chap--Scholarships$13,500
Dst Pw County Alumnae Chapter--Charity Programs$13,000
Dst Marrieta Rosewell Alumnae Chap--Scholarships$12,813
Dst Atlanta Alumnae Chapter--Scholarships$12,000
Dst Knoxville Alumnae Chapter--Scholarships$12,000
Dst Denver Alumnae Chapter--Scholarships$10,550
Congressional Black Caucus--Scholarships$10,000
Dst Hartford Alumnae Chapter--Charity Programs$10,000
Dst Atlanta Suburban Alumnae Chap--Scholarships$9,900
Dst Phoenix Metro Alumnae Chapter--Scholarships$9,750
Water and Educational International--Charity Programs$9,600
Dst Baltimore Alumnae Chapter--Scholarships$9,000
Dst South Middlesex Alumnae Chapter--Scholarships/charity$8,000
Dst Fernando Alumnae Chapter--Charity Programs$7,750
Dst Harrisonburg Alumnae Chapter--Scholarships$7,750
Dst Cincinnati Alumnae Chapter--CHARITY :PROGRAMS$7,500
Dst Tri-county Md Alumnae Chapter--Scholarships/charity$7,463
Dst Youngstown Alumnae Chapter--Scholarships/charity$7,250
Alexandria House--Charity$7,186
Harbor Interfaith Services--Charity Programs$7,186
Dst San Francisco Alumnae Chapter--Charity Programs$6,679
Dst Eastern Pan Handle Chapter--Scholarships$6,500
Dst Orange County Alumnae Chapter--Scholarships$6,500
Dst Stone Mountain Alumnae Chapter--Scholarships$6,500
Dst Brevard County Alumnae Chapter--Scholarships$6,000
Dst Seattle Alumnae Chapter--Scholarships$6,000
Dst Shelby Alumnae Chapter--Scholarships$6,000
Dst Stockton Alumnae Chapter--Scholarships$6,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Payable$7,116
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 11B

The 990 tax return is forwarded to the treasuer for review prior to being submitted to the remainder of the board for their review and comments.

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

The foundation's conflict of interest statement was adopted by the board in 2003. All board members sign conflict of interest statements annually and disclose any conflicts in conjunction with this process. Any conflicts are discussed during the board meetings and are included in the board minutes.

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

Annually, the executive director reviews industry salary reports/survey results to assess how the foundation's salaries compare with these standards. The results of the review and any recommendations are then reviewed with the personnel committee.

Form 990, Page 6, Part VI, Line 19

The foundation's treasuer will receive all requests for governing documents and will be responsible for such documents being distributed to the public.

Filing and Contact Details

Filer

Filer Name
Delta Research & Educational
EIN
52-1338072
Phone
2023471337
Address
1703 NEW HAMPSHIRE AVENUE NW, WASHINGTON, DC 20009

Signing Officer

Name
Patricia Lattimore
Title
CEO
Phone
2023471337
Signed
2019-10-31

Organization Details

Principal Officer
Patricia Lattimore
Formed
1970
Legal Domicile
Dc
Voting Board Members
24
Independent Board Members
24
Employees
7

Preparer

Firm
Bert Smith & Co
Address
1090 VERMONT AVE NW STE 920, WASHINGTON, DC 20005-2125
Preparer
Stephanie Lane CPA
Phone
2023935600
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Promotes research that identifies and fashions solutions to issues affecting african american women and their families nationally and globally through funding and support of public service programs of delta sigma theta sorority, inc. And collaborative solutions.

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

Other programs: grant of 308,540 to conduct proactive outreach of african american community as part of a national nih health initiative entitled: "research matters: creating possibilities to achieve health & wellness for all of us." the ultimate objective of this major initiative is to engage and enroll african americans in the nih national registry to participate in clinical trials resulting in precision medicine that addresses african american historical ailments. Youth risk reduction

Form 990, Part IX, Line 11G

Accounting and legal fees 17,305 5,768 0 other professional fees 281,183 38,774 56,968 total 298,488 44,542 56,968

Financial Statement Notes

Schedule D, Page 3, Part X

Financial accounting standards board (fasb), accounting standards codification 740, income taxes (asc 740) requires that a tax position be recognized or derecognized based on a "more-likely-than-not" threshold. This applies to positions taken or expected to be taken in a tax return. As of june 30, 2019, management has assessed its various tax positions and it believes there are no liabilities for uncertain tax positions.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS: GRANT OF 308,540 TO CONDUCT PROACTIVE OUTREACH OF AFRICAN AMERICAN COMMUNITY AS PART OF A NATIONAL NIH HEALTH INITIATIVE ENTITLED: "RESEARCH MATTERS: CREATING POSSIBILITIES TO ACHIEVE HEALTH & WELLNESS FOR ALL OF US." THE ULTIMATE OBJECTIVE OF THIS MAJOR INITIATIVE IS TO ENGAGE AND ENROLL AFRICAN AMERICANS IN THE NIH NATIONAL REGISTRY TO PARTICIPATE IN CLINICAL TRIALS RESULTING IN PRECISION MEDICINE THAT ADDRESSES AFRICAN AMERICAN HISTORICAL AILMENTS. YOUTH RISK REDUCTION
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.4$0.12$11.3$4.60$3.74$0.86
2023Detailed filing. Detailed filing data is available for this year.$9.95$0.09$9.86$4.70$3.77$0.92
2022Detailed filing. Detailed filing data is available for this year.$8.81$0.17$8.64$4.30$3.03$1.27
2021Detailed filing. Detailed filing data is available for this year.$8.92$0.18$8.74$3.93$2.68$1.25
2020Detailed filing. Detailed filing data is available for this year.$6.84$0.17$6.67$2.89$2.51$0.38
2019Detailed filing. Detailed filing data is available for this year.$6.42$0.03$6.39$2.70$2.45$0.26
2018Detailed filing. Detailed filing data is available for this year.$6.27$0.06$6.21$2.90$2.09$0.81
2017Detailed filing. Detailed filing data is available for this year.$5.47$0.04$5.44$1.53$1.55$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.17$0.07$5.10$1.57$2.00$0.44
2015Detailed filing. Detailed filing data is available for this year.$5.74$0.05$5.69$1.56$1.59$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.02$0.06$5.97$2.04$1.56$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.04$5.20$1.23
2012Summary only. Only limited summary data is available for this year.$4.81$0.04$4.77$1.82$1.57$0.25
2011Summary only. Only limited summary data is available for this year.$4.72$0.05$4.67$1.86$1.44$0.41