Civic Intelligence

Daisy Foundation

990 • Fiscal year 2021 • EIN 91-2009739

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 23, 2022

Organization Profilewww.daisyfoundation.org
21128 21st Ave WLynnwood, WA 98036-7946

(415) 595-2557

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

47th percentile

11%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

71st percentile

$103,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

59th percentile

14%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Revenue Growth

39th percentile

3.8%

Faster revenue growth than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$3,862,187

Up $897,545 (+30%) from 2019

Net Assets

Up

$3,862,187

Up $897,545 (+30%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin47th percentile

Revenue

Up

$2,561,341

Up $186,138 (+7.8%) from 2019

Expenses

Up

$2,276,263

Up $354,655 (+18%) from 2019

Net Income

Down

$285,078

Down $168,517 (-37%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $581,481Liabilities 2011: $62Net Assets 2011: $581,4192011Assets 2012: $888,675Liabilities 2012: $0Net Assets 2012: $888,6752012Assets 2013: $1,130,674Liabilities 2013: $677Net Assets 2013: $1,129,9972013Assets 2014: $1,420,481Liabilities 2014: $0Net Assets 2014: $1,420,4812014Assets 2015: $1,633,675Liabilities 2015: $0Net Assets 2015: $1,633,6752015Assets 2016: $1,854,204Liabilities 2016: $0Net Assets 2016: $1,854,2042016Assets 2017: $2,157,155Liabilities 2017: $0Net Assets 2017: $2,157,1552017Assets 2018: $2,511,047Liabilities 2018: $0Net Assets 2018: $2,511,0472018Assets 2019: $2,964,642Liabilities 2019: $0Net Assets 2019: $2,964,6422019Assets 2021: $3,862,187Liabilities 2021: $0Net Assets 2021: $3,862,1872021Assets 2022: $4,821,705Liabilities 2022: $0Net Assets 2022: $4,821,7052022Assets 2023: $5,400,207Liabilities 2023: $0Net Assets 2023: $5,400,2072023Assets 2024: $5,552,407Liabilities 2024: $0Net Assets 2024: $5,552,4072024Assets 2025: $6,021,366Liabilities 2025: $0Net Assets 2025: $6,021,3662025

Highlighted filing

2021

Assets$3,862,187
Liabilities$0
Net Assets$3,862,187
Open 2021 Filing

Operations Trend

Revenue Growth39th percentile

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

$6.0M$4.0M$2.0M$0Revenue 2011: $535,046Expenses 2011: $423,431Net Income 2011: $111,6152011Revenue 2012: $773,543Expenses 2012: $574,448Net Income 2012: $199,0952012Revenue 2013: $944,135Expenses 2013: $702,136Net Income 2013: $241,9992013Revenue 2014: $1,225,472Expenses 2014: $925,541Net Income 2014: $299,9312014Revenue 2015: $1,383,318Expenses 2015: $1,197,171Net Income 2015: $186,1472015Revenue 2016: $1,465,530Expenses 2016: $1,247,001Net Income 2016: $218,5292016Revenue 2017: $1,748,990Expenses 2017: $1,550,691Net Income 2017: $198,2992017Revenue 2018: $2,078,205Expenses 2018: $1,600,828Net Income 2018: $477,3772018Revenue 2019: $2,375,203Expenses 2019: $1,921,608Net Income 2019: $453,5952019Revenue 2021: $2,561,341Expenses 2021: $2,276,263Net Income 2021: $285,0782021Revenue 2022: $4,733,142Expenses 2022: $3,773,624Net Income 2022: $959,5182022Revenue 2023: $3,546,392Expenses 2023: $2,967,890Net Income 2023: $578,5022023Revenue 2024: $4,326,707Expenses 2024: $4,174,507Net Income 2024: $152,2002024Revenue 2025: $5,099,412Expenses 2025: $4,630,453Net Income 2025: $468,9592025

Highlighted filing

2021

Revenue$2,561,341
Expenses$2,276,263
Net Income$285,078
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 23, 2022
Return Version
2021v4.0
Gross Receipts
$3,883,828
Mission and Program Overview

Mission

The DAISY Foundations mission is entirely as an advocate for excellence in Nursing and Midwifery. The Foundation runs a Nursing Awards Program that is used in over 5,700 Hospitals Medical Facilities and Schools of Nursing around the World to recognize and reward Nurses who provide excellence in Patient Care. Additionally the Foundation provides various Nursing Research Grants to individual Nurses and Hospitals.

Organize and Manage a Nursing Excellence Awards program and to issue various Nursing Research Grants

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,577,109$3,862,187▲ $285,078
Savings and Temporary Cash Investments$2,896,683$3,024,839▲ $128,156
Cash and Non-Interest-Bearing Accounts$623,117$462,831▼ $160,286
Accounts Receivable$344,946$374,517▲ $29,571
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,864,746$3,862,187▼ $2,559
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$287,637$0▼ $287,637
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$287,637$0▼ $287,637
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,577,109$3,862,187▲ $285,078
Total Liabilities and Net Assets / Fund Balance$3,864,746$3,862,187▼ $2,559
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Melissa BarnesVP OperationsFT$103,000$103,000
Tena CarraherVice PresidentFT$77,500$77,500
Bonnie BarnesPresidentFT$70,583$70,583
Deborah ZimmermannCEOFT$33,333$33,333

Board Members and Trustees

NameTitle
Cynthia BarginereBoard of Directors
Julie MoretzBoard of Directors
Karen CoxBoard of Directors
Karlene KerfootBoard of Directors
Kathleen GormanBoard of Directors
Richard CummingsBoard of Directors
Sheila AntrumBoard of Directors
Stuart DownesBoard of Directors
Susan GrantBoard of Directors
Peter MaherCFO
Mark BarnesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Eric ZeidrickShipping and packaging services1609 Winding Creek Way, Healdsburg, CA 95448$76,100
Lionheart Advisors LLCFinancial, Budgeting and Accounting Consulting65 Jackson Drive, Novato, CA 94947$72,850
Dianne BarnesBookkeeping Services1425 Cambridge STreet, Novato, CA 94947$53,329
Jennifer BaldwinShipping Premises Rental303 Burgundy Way, Healdsburg, CA 95448$25,140
-Administrative services1805 Village Green Drive, Mill Creek, WA 98012$12,062
Revenue and Support

Revenue Composition

Contributions and Grants
$2,932,417
Program Service Revenue
$0
Investment Income
$109,166
Other Revenue
$-480,242
All Other Contributions
$2,932,417
Change in Net Assets
$285,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,351,236
Other Expenses$826,511
Grants and Similar Amounts Paid$98,516
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$944,493$0$944,493
Current Officers, Directors, Trustees, and Key Employees$0$284,416$0$284,416
Office Expenses$0$103,662$0$103,662
Grants to Domestic Individuals$98,516--$98,516
Advertising$0$78,157$0$78,157
Fees for Services Management$0$72,850$0$72,850
Payroll Taxes$0$72,167$0$72,167
Fees for Services Accounting$0$53,329$0$53,329
Information Technology$0$51,250$0$51,250
Travel$0$42,205$0$42,205
Other Employee Benefits$0$41,930$0$41,930
Occupancy$0$25,140$0$25,140
Other Expenses$0$15,655$0$15,655
Conferences and Meetings$0$13,851$0$13,851
Pension Plan Contributions$0$8,230$0$8,230
Insurance$0$1,954$0$1,954
Total Functional Expenses$98,516$2,177,747$0$2,276,263
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Part VI, Line 2

“Bonnie Barnes President. Mark Barnes Treasurer Husband and Wife”

Part VI, Line 12C

“Through Quarterly Reviews of the Executive Management Team”

Part VI, Line 15

“A search of similar sized organizations and persons with similar backgrounds and salary history as reported by ADP Payroll Services. The compensation was arrived at taking salary surveys into consideration and adjusted for the Foundations financial and operational circumstance. The process was reviewed and approved by the Board of Directors.”

Part VII, Line 1

“| Explanation:| Bonnie Barnes has served as the Foundation's unpaid President since its establishment in 1999. IN June of 2021 the Board of Directors made Ms. Barnes a full time salaried employee on a salary of $100,000 per year.”

Part VII, Line 3

“| Explanation:| In November of 2021 Ms. Deborah Zimmermann was appointed CEO of the Foundation. The Board agreed to pay Ms. Zimmermann an annual salary of $200,000. Ms. Zimmermann has served as an unpaid member of the Foundation's Board of Directors for several years in a voluntary capacity.”

Filing and Contact Details

Filer

Filer Name
Daisy Foundation
EIN
91-2009739
In Care Of
% Peter Maher
Phone
4155952557
Address
21128 21ST AVE W, LYNNWOOD, WA 98036-7946

Signing Officer

Name
Peter Maher
Title
Chief Financial Officer
Signed
2022-08-23
Discuss with paid preparer
No

Organization Details

Formed
1999
Legal Domicile
Wa
Voting Board Members
15
Independent Board Members
10
Employees
24
Volunteers
6
Supplemental Narrative

Additional Explanations

Part IX, Line 24A

“| Explanation:| Shipping and Shipping supplies are one of our largest expense items. Our program supplies Nursing Awards supplies to our partner hospitals all over the World. The packages we send vary in weight and size with some needing customized crating to to hold heave and fragile items.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Bonnie Barnes
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Barnes
IRS990/Form990PartVIISectionAGrp/PersonNm2Deborah Zimmermann
IRS990/Form990PartVIISectionAGrp/PersonNm3Tena Carraher
IRS990/Form990PartVIISectionAGrp/PersonNm4Melissa Barnes
IRS990/Form990PartVIISectionAGrp/PersonNm5Peter Maher
IRS990/Form990PartVIISectionAGrp/PersonNm6Sheila Antrum
IRS990/Form990PartVIISectionAGrp/PersonNm7Cynthia Barginere
IRS990/Form990PartVIISectionAGrp/PersonNm8Richard Cummings
IRS990/Form990PartVIISectionAGrp/PersonNm9Stuart Downes
IRS990/Form990PartVIISectionAGrp/PersonNm10Kathleen Gorman
IRS990/Form990PartVIISectionAGrp/PersonNm11Susan Grant
IRS990/Form990PartVIISectionAGrp/PersonNm12Karlene Kerfoot
IRS990/Form990PartVIISectionAGrp/PersonNm13Julie Moretz
IRS990/Form990PartVIISectionAGrp/PersonNm14Karen Cox
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IRS990/MissionDesc0The DAISY Foundation's mission is entirely as an advocate for excellence in Nursing and Midwifery. The Foundation runs a Nursing Awards Program that is used in over 5,300 Hospitals Medical Facilities and Schools of Nursing around the World to recognize and reward Nurses who provide excellence in Patient Care. Additionally the Foundation provides various Nursing Research Grants to individual Nurses and Hospitals.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,862,187
Liabilities
$0
Net assets
$3,862,187
Revenue
$2,561,341
Expenses
$2,276,263
Net income
$285,078
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.02$0.00$6.02$5.10$4.63$0.47
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.00$5.55$4.33$4.17$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.40$0.00$5.40$3.55$2.97$0.58
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$0.00$4.82$4.73$3.77$0.96
2021Detailed filing. Detailed filing data is available for this year.$3.86$0.00$3.86$2.56$2.28$0.29
2019Summary only. Only limited summary data is available for this year.$2.96$0.00$2.96$2.38$1.92$0.45
2018Summary only. Only limited summary data is available for this year.$2.51$0.00$2.51$2.08$1.60$0.48
2017Summary only. Only limited summary data is available for this year.$2.16$0.00$2.16$1.75$1.55$0.20
2016Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$1.47$1.25$0.22
2015Summary only. Only limited summary data is available for this year.$1.63$0.00$1.63$1.38$1.20$0.19
2014Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$1.23$0.93$0.30
2013Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.94$0.70$0.24
2012Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$0.77$0.57$0.20
2011Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.54$0.42$0.11