Daisy Foundation

Nonprofit profile at a glance

EIN
912009739
IRS 990 coverage
2021–2025
Forms available
Form 990 2025, Form 990-N 2021
Location
Anacortes, WA, USA
Phone
4155952557
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Health Support Services

Official website

Reported finances

Revenue
$5,099,412
Expenses
$4,630,453
Assets
$6,021,366
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Deborah Zimmermann (CEO)

Highest reported compensation

  • Deborah Zimmermann (CEO): $400,000 total reported compensation
  • Bonnie Barnes (Chairperson of the Board): $135,000 total reported compensation
  • Melissa Barnes (VP Operations): $110,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2025

The DAISY Awards are now given to Nurses in over 7,000 Hospitals and Schools of Nursing in 47 Countries around the World. Over 2.1 Million Nurses have been nominated for the DAISY Award by patients and patient Families. The DAISY Award has become a global leader in Nursing reward and recognition.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - Program spending has grown recently. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 43
  • Accountability: 57
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.1%; rating input score 53
  • Program expense ratio: 58.5%; rating input score 58
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 72.7%; rating input score 73; 0th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 8th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 13th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.2%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 16%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 77.5% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 9.8% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 53.1% of revenue deployed · 58.5% of spending went to programs
  • Governance: 10 of 15 board members independent · 4 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.7M in reported program spending
  • Leadership: top reported pay $400K · 4 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 37 of 41 current checks pass · 4 findings to review
  • Schedules: 4 filed schedules · includes grants and executive pay
  • Filing history: 5 filing years from 2021 to 2025
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • Review — Sustainability: Operating margin scored 54/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX GrantsToDomesticIndividuals column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.