Daybreak Inc
Nonprofit profile at a glance
- EIN
- 910109284
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Palmer, AK, USA
- Phone
- 9077466019
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,743,548
- Expenses
- $1,530,371
- Assets
- $701,857
- Liabilities
- $2,011
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Raymond Stride (President)
- Cassie Fees (Vice President)
Highest reported compensation
- Polly-Beth Odom (Executive Dir.): $145,570 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Daybreak helps Alaskans facing serious mental illness, brain injuries, or reentry after incarceration find stability and independence. Through personalized resource facilitation, Daybreak connects clients to housing, employment, healthcare, and daily living supportwalking alongside them in their recovery journey.
What it reported doing in 2024
During fiscal year 2025, our services were provided to 406 individuals.Mental Health Case Management Program - We are a CARF-accredited outpatient behavioral health program with 28 years of experience providing high-quality rehabilitation services. Our focus is on intensive case management and community-based recovery support to help individuals achieve stability, wellness, and independence.Basic Housing Assistance Program - This program provides assistance with past-due rent & utilities to households in the Palmer area, including Chickaloon and Sutton, who are at imminent risk of homelessness due to the potential loss of their permanent residence.Navigation Center - This program provides resource navigation to households in the Palmer area, including Chickaloon and Sutton, who are at imminent risk of homelessness.Traumatic Acquired Brain Injury (TABI) - We provide compassionate, specialized support for individuals who have experienced a TABI and are navigating the challenges of a diagnosed mental illness, including resource facilitation, medical & rehab services, housing & transportation, and employment & education.CRP Case Management - The Palmer Coordinated Resources Project (CRP) is a specialized therapeutic or problem-solving court which serves individuals in the Mat-Su Borough who have been charged with misdemeanor or low-level felony offenses and are living with mental health disorders or disabilities.Mat-Su Reentry Program - We have been providing reentry case management services for individuals returning to the Mat-Su Borough from incarceration since the launch of the first pilot project in 2016, as part of the Mat-Su Reentry Coalition.
Operating model
- Revenue model
- Grant-funded. 60% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.2%; rating input score 72
- Program expense ratio: 82.2%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 72.2% of revenue deployed · 82.2% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $146K · 7 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Sustainability: Officer compensation ratio scored 38/100.