Daily Giving Inc

Nonprofit profile at a glance

EIN
830829905
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2018
Location
Teaneck, NJ, USA
Phone
9144211502
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations
Affiliation
Judaism

Official website

Reported finances

Revenue
$9,212,739
Expenses
$8,239,596
Assets
$3,849,854
Liabilities
$44,749

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JONATHAN DONATH (PRESIDENT)
  • YISROEL ARBISROR (VICE PRESIDENT)

Highest reported compensation

  • JONATHAN DONATH (PRESIDENT): $225,000 total reported compensation
  • ARIEH FRIEDNER (COO): $86,392 total reported compensation
  • YISROEL ARBISROR (VICE PRESIDENT): $41,667 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization fulfills its mission of meeting the basic needs of the jewish people by enabling them to contribute daily to a range of non profit grantees providing svcs that align with the org's mission

What it reported doing in 2024

Provided funds to 79 beneficiary organizations whose purposes include: supporting families financially with food, clothing, shelter, educational assistance; medical assistance; fertility assistance; psychological assistance; grief counseling, respite services; burial services; rescue services; youth engagement.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 60
  • Accountability: 84
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80%; rating input score 80
  • Program expense ratio: 89.5%; rating input score 89
  • Fundraising efficiency: $31.87 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 14th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.6%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.47; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 40.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 38.9% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 40.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 80% of revenue deployed · 89.5% of spending went to programs
  • Governance: 4 of 5 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.2M in reported program spending
  • Leadership: top reported pay $225K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Review — Sustainability: Officer compensation ratio scored 56/100.