Civic Intelligence

Delta Foundation Inc.

990 • Fiscal year 2021 • EIN 52-1968496

Oct 01, 2020 to Sep 30, 2021 • Filed on Jul 21, 2022

PO Box 4451Capitol Heights, MD 20791

(301) 429-5920

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

49th percentile

0.03x

Higher debt load relative to revenue than 49% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

50th percentile

12%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

41st percentile

5.1%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-0.3%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$701,538

Up $33,867 (+5.1%) from 2020

Net Assets

Up

$696,263

Up $28,592 (+4.3%) from 2020

Liabilities

Up

$5,275

Up $5,275 from 2020

Revenue

Down

$205,036

Down $518 (-0.3%) from 2020

Expenses

Down

$179,470

Down $82,615 (-32%) from 2020

Net Income

Up

$25,566

Up $82,097 (+145%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $917,864Liabilities 2011: $0Net Assets 2011: $917,8642011Assets 2012: $1,028,151Liabilities 2012: $0Net Assets 2012: $1,028,1512012Assets 2013: $1,115,717Liabilities 2013: $0Net Assets 2013: $1,115,7172013Assets 2014: $1,096,841Liabilities 2014: $0Net Assets 2014: $1,096,8412014Assets 2015: $1,173,543Liabilities 2015: $0Net Assets 2015: $1,173,5432015Assets 2016: $1,039,997Liabilities 2016: $0Net Assets 2016: $1,039,9972016Assets 2017: $745,107Liabilities 2017: -$2,046Net Assets 2017: $747,1532017Assets 2018: $686,713Liabilities 2018: $0Net Assets 2018: $686,7132018Assets 2019: $741,853Liabilities 2019: $115Net Assets 2019: $741,7382019Assets 2020: $667,671Liabilities 2020: $0Net Assets 2020: $667,6712020Assets 2021: $701,538Liabilities 2021: $5,275Net Assets 2021: $696,2632021Assets 2022: $618,119Liabilities 2022: $543Net Assets 2022: $617,5762022Assets 2023: $592,447Liabilities 2023: $5,275Net Assets 2023: $587,1722023Assets 2024: $600,048Liabilities 2024: $0Net Assets 2024: $600,0482024

Highlighted filing

2021

Assets$701,538
Liabilities$5,275
Net Assets$696,263

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $490,267Expenses 2011: $294,708Net Income 2011: $195,5592011Revenue 2012: $397,405Expenses 2012: $283,754Net Income 2012: $113,6512012Revenue 2013: $486,315Expenses 2013: $398,749Net Income 2013: $87,5662013Revenue 2014: $352,705Expenses 2014: $371,581Net Income 2014: -$18,8762014Revenue 2015: $434,361Expenses 2015: $358,771Net Income 2015: $75,5902015Revenue 2016: $216,535Expenses 2016: $335,571Net Income 2016: -$119,0362016Revenue 2017: $309,825Expenses 2017: $255,366Net Income 2017: $54,4592017Revenue 2018: $223,827Expenses 2018: $278,532Net Income 2018: -$54,7052018Revenue 2019: $379,810Expenses 2019: $324,726Net Income 2019: $55,0842019Revenue 2020: $205,554Expenses 2020: $262,085Net Income 2020: -$56,5312020Revenue 2021: $205,036Expenses 2021: $179,470Net Income 2021: $25,5662021Revenue 2022: $96,928Expenses 2022: $132,436Net Income 2022: -$35,5082022Revenue 2023: $122,736Expenses 2023: $145,273Net Income 2023: -$22,5372023Revenue 2024: $219,466Expenses 2024: $189,399Net Income 2024: $30,0672024

Highlighted filing

2021

Revenue$205,036
Expenses$179,470
Net Income$25,566
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jul 21, 2022
Return Version
2020v4.0
Gross Receipts
$243,666
Mission and Program Overview

Mission

The foundation is formed for purposes that include, supporting and funding educational programs and services for senior citizens, youth, women, and children in prince georges county, maryland and awarding scholarships and awards to accomplished high school and college students.

Supporting and funding educational programs & services for senior citizens, youth, women, and children in prince georges county, maryland and awarding scholarships and awards to accomplished high school and college students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$404,181$390,798▼ $13,383
Cash and Non-Interest-Bearing Accounts$182,869$209,950▲ $27,081
Investments in Publicly Traded Securities$80,086$100,790▲ $20,704
Accounts Receivable$535--
Total Assets$667,671$701,538▲ $33,867
Liabilities
Accounts Payable and Accrued Expenses-$4,732-
Unsecured Notes Loans Payable-$543-
Total Liabilities$0$5,275▲ $5,275
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$512,009$540,601▲ $28,592
Net Assets With Donor Restrictions$155,662$155,662→ $0
Total Net Assets Fund Balance$667,671$696,263▲ $28,592
Total Liabilities and Net Assets / Fund Balance$667,671$701,538▲ $33,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$371,198$150,735$521,933
Land$19,600-$19,600
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$26,710
Program Service Revenue
$0
Investment Income
$20,743
Other Revenue
$157,583
Change in Net Assets
$25,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,355
Grants and Similar Amounts Paid$67,115
Total Fundraising Expense$3,108
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$67,115--$67,115
Depreciation Depletion$9,532$2,513$1,338$13,383
Fees for Services Other$8,769$1,746$748$11,263
Insurance$3,615$678$622$4,915
Fees for Services Accounting$2,575$1,025$400$4,000
Fees for Services Management$3,978--$3,978
All Other Expenses-$241-$241
Other Expenses$220$397-$220
Office Expenses$200--$200
Advertising-$71-$71
Total Functional Expenses$169,691$6,671$3,108$179,470
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
----$65,115
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,841
Fundraising Direct Expenses$38,630
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fashion Show$115,534$115,534$25,641$89,893
Various Fundras$80,307$80,307$12,989$67,318
Total Events$195,841$195,841$38,630$157,211
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
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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 4

Conflict of interest policy, bylaws.

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

Governing body reviews the 990 return before it is final and filed.

Form 990, Page 6, Part VI, Line 19

Documents available to public uplon request.

Filing and Contact Details

Filer

Filer Name
Delta Foundation Inc
EIN
52-1968496
Phone
3014295920
Address
PO BOX 4451, CAPITOL HEIGHTS, MD 20791

Signing Officer

Name
Charlene Proctor
Title
President
Phone
3014295920
Signed
2022-07-21

Organization Details

Principal Officer
Charlene Proctor
Formed
1996
Legal Domicile
Md
Voting Board Members
19
Independent Board Members
19
Employees
0

Preparer

Firm
Goldin Group LLC
Address
4641 MONTGOMERY AVE STE 300, BETHESDA, MD 20814-3430
Preparer
Javier Goldin
Phone
3019130008
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation is formed for purposes that include,supporting and funding educational programs & services for senior citizens,youth, women, and children in prince georges county, maryland and awarding scholarships and awards to accomplished high school and college students.

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

Pgcac: this tax year, delta foundation, inc., (dfi), continued its longstanding relationship with the prince georges county alumnae chapter (pgcac) of delta sigma theta sorority, incorporated, to serve as a fiscal sponsor and partner to support pgcac's community service outreach programs. Such programs included the pgcac annual fashion show and scholarship benefit program, which raised over 75,000 in scholarships for talented high school seniors and college students. Dfi served as a fiscal sponsor for pgcac's literacy program and hbcu program to support college tours for high school students to hbcus. Dfi initiated a new partnership with eastern high school in washington, dc to solicit contributions to the school's scholarship fund for graduating seniors. Dfi's engagement with its partners is accomplished in accordance with a memorandum of understanding. Dfi was proud of its ability to donate 2000 to the excellence and education foundation, inc., for the prince george's county public school system, to support homeless families with children in the school system. Also, during this tax year, dfi was fortunate to receive a bond bill grant in the amount of 140,000 from the state of maryland to make needed improvements to its delta cultural center located in lanham, md.

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

Dfi-walk of fame: founded in 1996, delta foundation, inc. Is a 501(c)(3) tax-exempt charitable organization. It operates from the delta cultural center in lanham, md, which the foundation purchased in 2009 and opened tothe public in 2012. On saturday, august 21, 2021, many residents of prince georges county and members of the prince georges county alumnae chapter of delta sigma theta sorority, incorporated, joined in a spirited program and unveiling of a walkway of personalized bricks on the delta cultural centers walk of fame. The bricks were purchased during a year-long campaign spearheaded by dr. Dottie chicquelo of delta foundation, inc. According to charlene proctor, esq., president, delta foundation inc., the impetus for the delta cultural centers walk of fame was to finish laying a strong foundation for the delta cultural center and the surrounding community one brick at a time through generous brick donations during the unveiling, all of the proud brick donors to delta foundation, inc. And the delta cultural center, had the joy of viewing and reminiscing about bricks inscribed with their special messages.

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IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MMEBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15PR & TECH CH
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
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IRS990/MissionDesc0THE FOUNDATION IS FORMED FOR PURPOSES THAT INCLUDE,SUPPORTING AND FUNDING EDUCATIONAL PROGRAMS & SERVICES FOR SENIOR CITIZENS,YOUTH, WOMEN, AND CHILDREN IN PRINCE GEORGES COUNTY, MARYLAND AND AWARDING SCHOLARSHIPS AND AWARDS TO ACCOMPLISHED HIGH SCHOOL AND COLLEGE STUDENTS.
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IRS990/PrincipalOfficerNm0CHARLENE PROCTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0DFI-WALK OF FAME: FOUNDED IN 1996, DELTA FOUNDATION, INC. IS A 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION. IT OPERATES FROM THE DELTA CULTURAL CENTER IN LANHAM, MD, WHICH THE FOUNDATION PURCHASED IN 2009 AND OPENED TOTHE PUBLIC IN 2012. ON SATURDAY, AUGUST 21, 2021, MANY RESIDENTS OF PRINCE GEORGES COUNTY AND MEMBERS OF THE PRINCE GEORGES COUNTY ALUMNAE CHAPTER OF DELTA SIGMA THETA SORORITY, INCORPORATED, JOINED IN A SPIRITED PROGRAM AND UNVEILING OF A WALKWAY OF PERSONALIZED BRICKS ON THE DELTA CULTURAL CENTERS WALK OF FAME. THE BRICKS WERE PURCHASED DURING A YEAR-LONG CAMPAIGN SPEARHEADED BY DR. DOTTIE CHICQUELO OF DELTA FOUNDATION, INC. ACCORDING TO CHARLENE PROCTOR, ESQ., PRESIDENT, DELTA FOUNDATION INC., THE IMPETUS FOR THE DELTA CULTURAL CENTERS WALK OF FAME WAS TO FINISH LAYING A STRONG FOUNDATION FOR THE DELTA CULTURAL CENTER AND THE SURROUNDING COMMUNITY ONE BRICK AT A TIME THROUGH GENEROUS BRICK DONATIONS DURING THE UNVEILING, ALL OF THE PROUD BRICK DONORS TO DELTA FOUNDATION, INC. AND THE DELTA CULTURAL CENTER, HAD THE JOY OF VIEWING AND REMINISCING ABOUT BRICKS INSCRIBED WITH THEIR SPECIAL MESSAGES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt04,025
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0196213
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01349174
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0371198
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FASHION SHOW
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IRS990ScheduleI/RecipientTable/CashGrantAmt065115
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.22$0.19$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.59$0.12$0.15$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.10$0.13$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.01$0.70$0.21$0.18$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.21$0.26$0.06
2019Summary only. Only limited summary data is available for this year.$0.74$0.00$0.74$0.38$0.32$0.06
2018Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.22$0.28$0.05
2017Summary only. Only limited summary data is available for this year.$0.75$0.00$0.75$0.31$0.26$0.05
2016Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$0.22$0.34$0.12
2015Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$0.43$0.36$0.08
2014Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.35$0.37$0.02
2013Summary only. Only limited summary data is available for this year.$1.12$0.00$1.12$0.49$0.40$0.09
2012Summary only. Only limited summary data is available for this year.$1.03$0.00$1.03$0.40$0.28$0.11
2011Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.49$0.29$0.20