DAYTON FOUNDATION CHARITABLE ACCOUNTS INC Charity Report

Public IRS 990 nonprofit record

DAYTON FOUNDATION CHARITABLE ACCOUNTS INC

EIN 31-1330325 · Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. (T99)

What they do

SEE SCHEDULE O for ORGANIZATION MISSION STATEMENTDAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. is A SECTION 509(A)(3) SUPPORTING ORGANIZATION to THE DAYTON FOUNDATION, INC., A SECTION 501(C)(3) PUBLICLY SUPPORTED COMMUNITY FOUNDATION. THE DAYTON FOUNDATION is THE SOLE MEMBER of THE DAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. THE DAYTON FOUNDATION FORMED DAYTON FOUNDATION CHARITABLE ACCOUNTS, INC. AS A DONOR-DESIGNATED ENDOWMENT FUND to CONDUCT ACTIVITIES to RAISE MONEY and GIFTS of PROPERTY FROM INTERESTED INDIVIDUALS, CORPORATIONS, BUSINESS ORGANIZATIONS, GROUPS and ASSOCIATIONS, and DISTRIBUTE SUCH FUNDS EXCLUSIVELY for CHARITABLE PURPOSES WITHIN THE MEANING of SECTION 501(C)(3) of THE INTERNAL REVENUE CODE of 1986, AS AMENDED, and IN A MANNER SUPPORTIVE of THE CHARITABLE PURPOSES of THE DAYTON FOUNDATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

2,715.03%of revenue went to mission work99.2% of expenses · Program services

$2,736.54spent for every $100 of revenueSpending was higher than revenue this year.

21.50%of revenue went to management and office costs0.8% of expenses

16.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $5,930,811 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $20,807 for MICHAEL M PARKS (PRESIDENT/SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$224,947

Mission workProgram services$6,107,3872,715.03% of revenue99.2% of expenses

ManagementOffice and general costs$48,37121.50% of revenue0.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$6,155,7582,736.54% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 99.2% mission · 0.8% management · 0.0% fundraisingTotal expenses: 2,736.54% of revenue

2021Expense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 154.10% of revenue

2020Expense mix: 88.3% mission · 11.7% management · 0.0% fundraisingTotal expenses: 154.15% of revenue

2019Expense mix: 83.6% mission · 16.4% management · 0.0% fundraisingTotal expenses: 102.04% of revenue

2018Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 195.68% of revenue

2017Expense mix: 81.9% mission · 18.1% management · 0.0% fundraisingTotal expenses: 88.16% of revenue

2016Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 120.83% of revenue

2015Expense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 126.18% of revenue

Money in and money out

Revenue$224,947

Expenses$6,155,758

Annual shortfall $5,930,811 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,107,387 · 99.2% of expenses

Management and office costs$48,371 · 0.8% of expenses

See all reported dollar amounts

Revenue$224,947

Expenses$6,155,758

Income$622,807

Contributions$36,701

Mission work (program services)$6,107,387

Grants given$2,203,187

Average grant$15,625

Management and general$48,371

Stocks and bonds$5,872,566

Investing fees$20,608

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL M PARKSPRESIDENT/SECRETARY · 1 hrs/week $20,807Base · Other $20,807

MICHELLE LOVELYV.P. DEVELOPMENT · 1 hrs/week $19,014Base · Other $19,014

STEPHEN D DARNELLV.P. FINANCE · 1 hrs/week $16,508Base · Other $16,508

CHRIS SMITHVP MARKETING & PUBLIC RELA · 1 hrs/week $5,751Base · Other $5,751

S TRACIE BOSHEARSASSISTANT TREASURER · 1 hrs/week $4,129Base · Other $4,129

BARBRA STONEROCKCOMMUNITY ENGAGEMENT · 1 hrs/week $336Base · Other $336

JEANNE S HOLIHANADMINISTRATION VP · 1 hrs/week $147Base · Other $147

JOSEPH B BALDASARECHIEF DEVELOPMENT OFFICER · 1 hrs/week $38Base · Other $38

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

MICHAEL M PARKSPRESIDENT/SECRETARY

MICHELLE LOVELYV.P. DEVELOPMENT

STEPHEN D DARNELLV.P. FINANCE

CHRIS SMITHVP MARKETING & PUBLIC RELA

S TRACIE BOSHEARSASSISTANT TREASURER

BARBRA STONEROCKCOMMUNITY ENGAGEMENT

JEANNE S HOLIHANADMINISTRATION VP

JOSEPH B BALDASARECHIEF DEVELOPMENT OFFICER

VALERIE LEMMIEGOVERNING BOARD MEMBER

ALICE MCCOLLUMGOVERNING BOARD MEMBER

THOMAS J BECKERGOVERNING BOARD MEMBER

RAKESH ARORAGOVERNING BOARD MEMBER

MARVA COSBYGOVERNING BOARD MEMBER

MARTHA SHAKERGOVERNING BOARD MEMBER

L TONY ORTIZGOVERNING BOARD MEMBER

JOSH STUCKEYGOVERNING BOARD MEMBER

JANICE L CULVERGOVERNING BOARD MEMBER

JAMES VAUGHNGOVERNING BOARD MEMBER

J NORMAN ECKSTEINGOVERNING BOARD MEMBER

GEORGE E FORESTGOVERNING BOARD MEMBER

DAVID T MILLERCHAIR GOVERNING BOARD

CASSIE BARLOWGOVERNING BOARD MEMBER

ART HARLANGOVERNING BOARD MEMBER

About this charity

Location: 1401 S MAIN STREET SUITE 100, DAYTON, OH 45409
County: Montgomery
In care of: STEPHEN D DARNELL
Primary officer: STEPHEN D DARNELL, V.P. OF FINANCE

How to reach them

WebsiteVisit the charity’s website Emailinfo@daytonfoundation.org Phone(937) 222-0410

Filing and classification

Latest tax year: 2022
Tax period began: July 1, 2022
Return type: 990
Tax preparer: FLAGEL HUBER FLAGEL
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. (T99)
IRS tax category: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C.
Grant-giving organization: Yes