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

Official website

Request a diligence report

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