Dechomai Foundation
Legal name: Dechomai Asset Trust
Nonprofit profile at a glance
- EIN
- 260724604
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Jacksonville, FL, United States
- Phone
- +1 (404) 375-5496
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $459,598,859
- Expenses
- $559,120,920
- Assets
- $1,544,175,864
- Liabilities
- $25,338,909
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- GREG DYER (BOARD PRESIDENT)
People named in this filing
- GREG DYER (BOARD PRESIDENT)
- STEVE VANSANDT (TRUSTEE)
- JOSEPH TOMBS (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dechomai Foundation is a national donor-advised fund that helps charitable organizations and donors receive, manage, liquidate, and grant proceeds from non-cash donations (including charitable remainder trusts and charitable gift annuities). The Dechomai Foundation is a national donor-advised fund that was founded in 2003 to assist charitable organizations and donors in the often-daunting process of receiving, managing, liquidating and finally granting proceeds from non-cash donations, charitable remainder trusts and charitable gift annuities. WHAT WE DO Dechomai allows other charities to outsource the expertise needed and the potential risks inherent in accepting many non-cash assets, charitable remainder trusts and charitable gift annuities. We accept the donation of the non-cash asset, provide administrative services, then grant the net proceeds of the sale of the asset to the...
What it reported doing in 2024
Receipt and management of noncash contributions for dechomai foundation inc
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82%; rating input score 82
- Program expense ratio: 99.5%; rating input score 100
- Fundraising efficiency: $86,425.48 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.7%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 2.76; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 94; 94th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings
Growth
- Program expense growth: 22.6% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 14.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 15.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 82% of revenue deployed · 99.5% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $556.4M in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 7 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 9 filed related-organization links
- 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 — Sustainability: Operating margin scored 3/100.