Daymark Recovery Services Inc
Overview
Mission
See schedule o
What it reported doing in 2024
Provided direct behavorial healthcare & substance abuse services to the citizens of 28 counties in central North Carolina. Services include outpatient & family counseling, medical psychiatric services & emergency assessment services.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 020707661
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Salisbury, NC, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for setting executive pay and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 76
- Accountability: 95
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.1%; rating input score 70
- Program expense ratio: 85.2%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 17%; rating input score 84; 84th percentile among comparable filings
- Operating reserve ratio: 0.82; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 70.1% of revenue deployed · 85.2% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $83.3M in reported program spending
- Leadership: top reported pay $341K · 18 people listed · 2 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Money network: 10 filed money-flow records