Delaware Technical & Community College Educational Foundation
Nonprofit profile at a glance
- EIN
- 510246178
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Dover, DE, USA
- Phone
- 3027394058
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $6,809,906
- Expenses
- $4,510,869
- Assets
- $44,654,510
- Liabilities
- $259,733
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DR MARK BRAINARD (PRESIDENT)
Highest reported compensation
- DR MARK BRAINARD (PRESIDENT): $458,664 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide financial assistance to Delaware technical & community college
What it reported doing in 2025
Awards and donations to Delaware technical & community college for support, equipment, & improvement purposes
Operating model
- Revenue model
- Donor-supported. 79% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.9%; rating input score 73
- Program expense ratio: 97.9%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th 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; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: 33.8%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 9.9; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 5.6% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 72.9% of revenue deployed · 97.9% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $4.4M in reported program spending
- Leadership: top reported pay $459K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 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.
- Review — Accountability: Governance controls: CEO compensation review process not reported.