Delta Foundation Inc

Nonprofit profile at a glance

EIN
521968496
IRS 990 coverage
2019–2023
Forms available
Form 990 2023
Location
Capitol Heights, MD, USA
Phone
3014295920
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$219,466
Expenses
$189,399
Assets
$600,048
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • CHARLENE PROCTOR ESQ (PRESIDENT)

People named in this filing

  • CHARLENE PROCTOR ESQ (PRESIDENT)
  • KASEY EDWARDS ESQ (VICE PRESIDE)
  • DOTTIE CHIQUELO (SECRETARY)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of dfi is to transform lives and impact communities in prince george's county, Maryland, through strategic alliances, philanthropy, and stakeholder engagement.

What it reported doing in 2023

This tax year, delta foundation, inc. (dfi), continued its longstanding relationship with the prince george's county alumnae chapter (pgcac) of delta sigma theta sorority, incorporated, to serve as a fiscal sponsor and partner to support pgcac's communmity service outreach programs. Such programs included the pgcac annual fashion show and scholarship benefit program, which raised over 100,000 in scholarships for high school seniors and college students. Dfi served as a fiscal sponsor for pgcac's 50th anniversary event that raised over 100,000, and will grant annual endowments to prince george's community college foundation and bowie state university foundation. In addition, the dfi supported the pgcac hbcu program to funding college tours for high school students to hbcus. Dfi's engagement with its partners is accomplished in accordance with a memorandum of understanding. During the summer 2024, dfi sponsored five students an experience to camp letts, where kids become a community as they learn how to be more independent and collaborative while engaging in physical, social and educational activities.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - 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 and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 87
  • Accountability: 82
  • Sustainability: 70
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 90.9%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 96.5%; rating input score 96; 57th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.7%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 3.17; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -10.2% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -3.2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 90.9% of spending went to programs
  • Governance: 21 of 21 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $172K in reported program spending
  • Leadership: top reported pay $0 · 21 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 5 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 7 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: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.