Delancey Street South Carolina
Nonprofit profile at a glance
- EIN
- 770661828
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- North Charleston, SC, USA
- Phone
- 8435545179
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Vocational Rehabilitation
Reported finances
- Revenue
- $1,016,739
- Expenses
- $688,722
- Assets
- $1,638,872
- Liabilities
- $26,121
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MIMI SILBERT (PRESIDENT/CEO)
Highest reported compensation
- MIMI SILBERT (PRESIDENT/CEO): $577,593 total reported compensation
- STEPHANIE MULLER (SECRETARY): $227,034 total reported compensation
- THERESA LYNCH-DELANE (MANAGER): $219,730 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 rehabilitation of former criminals, drug and/or alcohol abusers, educating the public about poverty, alcohol and substance abuse, operate a long-term residential educational center teaching academic and vocational skills, life skills, and values needed leading towards life in the mainstream of society; operation of income producing training programs and related training institute.
What it reported doing in 2024
The program served an average population of 40 residents. The residents are former drug/alcohol abusers, homeless, and others. The program provides long-term housing, food, clothing, job training, education, and life skills on a 24-hour basis for the full calendar year. Many residents receive high school equivalency or above. All who graduated have obtained gainful employment and have returned to various communities as decent, law-abiding individuals.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 65
- Accountability: 82
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.3%; rating input score 68
- Program expense ratio: 98.4%; rating input score 98
- Fundraising efficiency: $198.45 raised per $1 spent on fundraising; rating input score 92; 92nd 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: 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 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 32.3%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 2.38; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 85.2%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 25.1% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 68.3% of revenue deployed · 98.4% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $678K in reported program spending
- Leadership: top reported pay $578K · 11 people listed · 0 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Related organizations: 4 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 1/100.