Civic Intelligence

The Desca Foundation

EIN 90-1140936 • 501(c)3 • Hockessin, DE

Profile

The desca programs help innovators and technologists plug into delaware's innovation ecosystem by connecting them to resources, mentors and funding/strategic partners to help speed the commercialization of their products.

P O Box 1448Hockessin, DE 19707

www.desca.net

Siviq Scores

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

Liabilities / Assets

67th percentile

0.10x

Higher debt load relative to assets than 67% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.09x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

96th percentile

77%

Higher net margin than 96% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

100th percentile

5989%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

99th percentile

1362%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$494,615

Up $486,492 (+5989%) from 2023

Liabilities

Up

$49,807

Up $28,354 (+132%) from 2023

Net Assets

Up

$444,808

Up $458,138 (+3437%) from 2023

Revenue

Up

$540,795

Up $503,795 (+1362%) from 2023

Expenses

Up

$122,655

Up $33,346 (+37%) from 2023

Net Income

Up

$418,140

Up $470,449 (+899%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2017: $48,479Liabilities 2017: $02017Assets 2020: $176,878Liabilities 2020: $87,500Net Assets 2020: $89,3782020Assets 2021: $56,853Liabilities 2021: $0Net Assets 2021: $56,8532021Assets 2022: $38,979Liabilities 2022: $0Net Assets 2022: $38,9792022Assets 2023: $8,123Liabilities 2023: $21,453Net Assets 2023: -$13,3302023Assets 2024: $494,615Liabilities 2024: $49,807Net Assets 2024: $444,8082024

Highlighted filing

2024

Assets$494,615
Liabilities$49,807
Net Assets$444,808

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $15,000Expenses 2017: $9Net Income 2017: $14,9912017Revenue 2020: $202,628Expenses 2020: $212,888Net Income 2020: -$10,2602020Revenue 2021: $132,158Expenses 2021: $164,683Net Income 2021: -$32,5252021Revenue 2022: $105,306Expenses 2022: $123,180Net Income 2022: -$17,8742022Revenue 2023: $37,000Expenses 2023: $89,309Net Income 2023: -$52,3092023Revenue 2024: $540,795Expenses 2024: $122,655Net Income 2024: $418,1402024

Highlighted filing

2024

Revenue$540,795
Expenses$122,655
Net Income$418,140

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.0
Gross Receipts
$540,795
Mission and Program Overview

Mission

The desca programs help innovators and technologists plug into delaware's innovation ecosystem by connecting them to resources, mentors and funding/strategic partners to help speed the commercialization of their products.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,123$254,615▲ $246,492
Accounts Receivable-$240,000-
Total Assets$8,123$494,615▲ $486,492
Liabilities
Other Liabilities$21,453$49,807▲ $28,354
Total Liabilities$21,453$49,807▲ $28,354
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-13,330$444,808▲ $458,138
Total Net Assets Fund Balance$-13,330$444,808▲ $458,138
Total Liabilities and Net Assets / Fund Balance$8,123$494,615▲ $486,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cora L CastleExecutive DiFT$11,282$11,282

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$540,795
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$418,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,453
Salaries, Compensation, and Employee Benefits$52,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$61,832$4,073-$65,905
Other Salaries and Wages$36,280$10,687-$46,967
Payroll Taxes$2,854$1,120-$3,974
Office Expenses-$3,331-$3,331
Other Employee Benefits-$1,261-$1,261
Insurance-$1,217-$1,217
Total Functional Expenses$100,966$21,689$0$122,655
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
Other Payables$37,043
Payroll Taxes Payable$12,764
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Members are elected then their respective information is passed to the board of directors and executive director. The new member is then approved.

Form 990, Page 6, Part VI, Line 7B

At the monthly meetings the previous meetings are approved by a majority of the board. The monthly financials are approved by a majority of the board.

Form 990, Page 6, Part VI, Line 9

Bryan tracy 239 lisa drive new castle, de 19720 barbara dehaven 550 south college avenue newark, de 19713 dora cheatham 104 grand oaks drive dover, de 19901 jeffrey politis 2321 woodland land wilmington, de 19810 roger r. Strickland 20 hurst road wilmington, de 19803 ellinor carlson 500 hercules road wilmington, de 19808 yati waghray 7 rivendall court hockessin, de 19707 erica nemser 1 innovation way newark, de 19711 melinda burn 205 barberry drive wilmington, de 19808 julius korley 449 spring hollow drive middletown, de 19709

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

A copy of the final form 990 is distributed to all board members and executive director for review and approval.

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

The board of directors approves the executive directors salary.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Desca Foundation
EIN
90-1140936
Phone
3022338034
Address
P O BOX 1448, HOCKESSIN, DE 19707

Signing Officer

Name
Robert R Thompson
Title
Treasurer
Phone
3029851987
Signed
2025-11-11

Organization Details

Principal Officer
Cora L Castle
Voting Board Members
12
Independent Board Members
12
Employees
2
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The desca programs help innovators and technologists plug into delaware's innovation ecosystem by connecting them to resources, mentors and funding/strategic partners to help speed the commercialization of their products.

Form 990, Part IX, Line 11G

Bank and credit card fees 15 0 0 dues and subscriptions 0 2,760 0 corporate franchise tax 0 25 0 meals 62 0 0 contractors 51,203 0 0 contractors 10,552 0 0 data base organizatioin 0 1,288 0 total 61,832 4,073 0

Form 990, Part XI, Line 9

Increase in fund balance due to switch from cash 0 basis to accrual basis of accounting 39,998 total 39,998

Form 990, Page 12, Part XII, Line 1

In tax year 2024 the organization received government grants and was required to change accounting methods from cash basis to accrual basis accounting.

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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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IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0540795
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt037000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0105306
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0132158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0202628
IRS990ScheduleA/Total509Grp/TotalAmt01017887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0540795
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt037000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0105306
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0132158
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0202628
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01017887
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/TotalLiabilityAmt049807
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DESCA PROGRAMS HELP INNOVATORS AND TECHNOLOGISTS PLUG INTO DELAWARE'S INNOVATION ECOSYSTEM BY CONNECTING THEM TO RESOURCES, MENTORS AND FUNDING/STRATEGIC PARTNERS TO HELP SPEED THE COMMERCIALIZATION OF THEIR PRODUCTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE ELECTED THEN THEIR RESPECTIVE INFORMATION IS PASSED TO THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR. THE NEW MEMBER IS THEN APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE MONTHLY MEETINGS THE PREVIOUS MEETINGS ARE APPROVED BY A MAJORITY OF THE BOARD. THE MONTHLY FINANCIALS ARE APPROVED BY A MAJORITY OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BRYAN TRACY 239 LISA DRIVE NEW CASTLE, DE 19720 BARBARA DEHAVEN 550 SOUTH COLLEGE AVENUE NEWARK, DE 19713 DORA CHEATHAM 104 GRAND OAKS DRIVE DOVER, DE 19901 JEFFREY POLITIS 2321 WOODLAND LAND WILMINGTON, DE 19810 ROGER R. STRICKLAND 20 HURST ROAD WILMINGTON, DE 19803 ELLINOR CARLSON 500 HERCULES ROAD WILMINGTON, DE 19808 YATI WAGHRAY 7 RIVENDALL COURT HOCKESSIN, DE 19707 ERICA NEMSER 1 INNOVATION WAY NEWARK, DE 19711 MELINDA BURN 205 BARBERRY DRIVE WILMINGTON, DE 19808 JULIUS KORLEY 449 SPRING HOLLOW DRIVE MIDDLETOWN, DE 19709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FINAL FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS AND EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTORS SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK AND CREDIT CARD FEES 15 0 0 DUES AND SUBSCRIPTIONS 0 2,760 0 CORPORATE FRANCHISE TAX 0 25 0 MEALS 62 0 0 CONTRACTORS 51,203 0 0 CONTRACTORS 10,552 0 0 DATA BASE ORGANIZATIOIN 0 1,288 0 TOTAL 61,832 4,073 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INCREASE IN FUND BALANCE DUE TO SWITCH FROM CASH 0 BASIS TO ACCRUAL BASIS OF ACCOUNTING 39,998 TOTAL 39,998
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9IN TAX YEAR 2024 THE ORGANIZATION RECEIVED GOVERNMENT GRANTS AND WAS REQUIRED TO CHANGE ACCOUNTING METHODS FROM CASH BASIS TO ACCRUAL BASIS ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 12, PART XII, LINE 1
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0494615
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IRS990/TotalAssetsGrp/EOYAmt0494615
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IRS990/TotalContributionsAmt0540795
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021689
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100966
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021453
IRS990/TotalLiabilitiesEOYAmt049807
IRS990/TotalLiabilitiesGrp/BOYAmt021453
IRS990/TotalLiabilitiesGrp/EOYAmt049807
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-13330
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0444808
IRS990/TotalProgramServiceExpensesAmt0100966
IRS990/TotalReportableCompFromOrgAmt011282
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0540795
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0494615
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01908 BAYNARD BLVD
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019802
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.DESCA.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT R THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03029851987
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DESCA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DESC
ReturnHeader/Filer/EIN0901140936
ReturnHeader/Filer/PhoneNum03022338034
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1448
ReturnHeader/Filer/USAddress/CityNm0HOCKESSIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019707
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02025-11-11T10:04:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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