Development Assoc International
Nonprofit profile at a glance
- EIN
- 232838716
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7195987970
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religious Printing, Publishing
- Affiliation
- Christianity
Reported finances
- Revenue
- $5,716,340
- Expenses
- $5,827,869
- Assets
- $1,289,964
- Liabilities
- $15,818
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jane Overstreet (President)
Highest reported compensation
- Jane Overstreet (President): $107,169 total reported compensation
- Rhonda Proctor (CFAO): $64,324 total reported compensation
- Daniel Weaver (CFO): $22,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhancing the integrity and effectiveness of Christian leaders worldwide so that the Church can fulfill its role in extending the Kingdom of God.
What it reported doing in 2024
DAI serves as a fiscal sponsor for projects that fit DAIs mission and are taking place through ministries DAI is serving with leadership development. Many of the leaders DAI serves, and their programs need financial resources beyond what they can earn and raise locally. If DAI staff work with an organization closely enough to determine that these funds could be used effectively and accounted for adequately, and that the project fits within DAIs mission, then they will recommend that project to be fiscally sponsored. Beyond providing funds for valuable projects, this also serves a leadership development purpose. It provides the opportunity for local DAI staff to mentor the leadership of the fiscally sponsored project in fund raising and accountability. It takes those leaders to a new level of effectiveness, thereby fulfilling DAIs mission.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 62% of its reported program spending out as grants.
- 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 73
- Accountability: 42
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 86
- Program expense ratio: 83.8%; rating input score 84
- Fundraising efficiency: $8.99 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 95.9%; rating input score 96; 31st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: -9.4% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 85.5% of revenue deployed · 83.8% of spending went to programs
- Governance: 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $4.9M in reported program spending
- Leadership: top reported pay $107K · 9 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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: Foreign activity oversight: 7 of 8 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.