FirstDay Foundation
Nonprofit profile at a glance
- EIN
- 742874382
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- San Antonio, TX, US
- Phone
- (210) 905-1000
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $85,638,191
- Expenses
- $71,165,949
- Assets
- $903,337,068
- Liabilities
- $4,341,057
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- Kevin Dinnin (President and CEO)
- David Krimmel (Exec Vice President/CIO)
- Karen Thaxton (Exec Vice President - HR)
- Robert Rapp (Exec Vice President- Employment Laws)
Highest reported compensation
- Kevin Dinnin (President and CEO): $1,826,428 total reported compensation
- Claudia Oliveira (Chief Financial Officer): $499,412 total reported compensation
- Asennet Segura (Chief Operating Officer): $396,810 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
FirstDay Foundation is a philanthropic organization dedicated to making good greater throughout the world by providing philanthropic grants and management and governance services to nonprofit organizations doing good work.
What it reported doing in 2024
The firstday foundation provides general and administrative support services to provide efficient and effective fiscal, human resource management, legal, technology, talent and recruiting, regulatory and compliance, learning and development, management and advisory services, property and risk management, and marketing, branding and communication services to its controlled supported organizations and other non-profit agencies that are designated as supported organizations by purpose and class of firstday foundation.
Operating model
- Revenue model
- Other-operating. 73% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 85
- Accountability: 93
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 98%; rating input score 98
- Fundraising efficiency: $0.21 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 97%; rating input score 97; 31st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 87.5%; rating input score 88; 34th percentile among comparable filings
- 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: 16.9%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 12.69; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 16.2% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 4 operating locations identified
- Where the money goes: 94.7% of revenue deployed · 98% of spending went to programs
- Governance: 14 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $69.7M in reported program spending
- Leadership: top reported pay $1.8M · 26 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7.2M reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 36 filed money-flow records
- Related organizations: 45 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 — Financial Efficiency: Fundraising efficiency scored 1/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.