Daybreak Independent Service Inc
- Assets
- $9.5m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 228
- Location
- Bronx, NY
- Founding
- 10/2010
- Data as of
- 06/2023
- EIN
- 26-2564855
Organization Overview
Daybreak Independent Service Inc is located in Bronx, NY. The organization was established in 2010. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 06/2023, Daybreak Independent Service Inc employed 228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daybreak Independent Service Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Daybreak Independent Service Inc generated $11.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $11.4m during the year ending 06/2023. While expenses have increased by 13.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING TO EMPOWER INTELLECTUALLY AND DEVELOPMENTALLY DISABLED ADULTS WITH OPPORTUNITIES FOR INDEPENDENCE BY PROVIDING EXCEPTIONAL COMMUNITY-BASED PERSON CENTERED PROGRAMS, THROUGH DEDICATED STAFF AND RESPONSIBLE MEASURABLE GOVERNANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO ARE IN THE MEDICAID WAIVER PROGRAM. DURING FISCAL 2023, DAYBREAK PROVIDED 38,007 DAY HABILITATION SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. A UNIT OF SERVICE IS MEASURED BY A SET NUMBER OF HOURS AN INDIVIDUAL SPENDS AT ONE OF THE ORGANIZATION'S DAY HABILITATION SITES WORKING ON DAILY ACTIVITIES AS WELL AS INTEGRATION IN THE COMMUNITY.
MISCALLANEOUS PROGRSM REVENUE, INCLUDING SSA INCOME, SSI INCOME, CLOTHING ALLOWANCE, SUPPLEMENTAL IRA INCOME, SNAP INCOME, AND SSP INCOME.
DAYBREAK PROVIDED HABILITATIVE SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO LIVE IN THEIR OWN HOME OR FAMILY HOME. DURING FISCAL 2023, DAYBREAK PROVIDED 29,873 COMMUNITY HABILITATION SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. A UNIT OF SERVICE IS MEASURED BY A SET AMOUNT OF TIME, AND THE INDIVIDUALS ARE APPROVED FOR SERVICES TO BE RENDERED IN THEIR OWN HOME OR IN THE COMMUNITY.
DAYBREAK PROVIDED INDIVIDUAL RESIDENTIAL ALTERNATIVE SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILTIES. DURING FISCAL 2023 DAYBREAK PROVIDED 4,313 UNITS OF SERVICE. SUPERVISED RESIDENCES PROVIDE SUPERVISION 24 HOURS A DAY, 7 DAYS A WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hemant Kumar President | OfficerTrustee | 1 | $0 |
Maria Vasquez CPA Treasurer | OfficerTrustee | 1 | $0 |
Effie Loban Secretary | OfficerTrustee | 1 | $0 |
Sunita Suvasla Board Member | Trustee | 1 | $0 |
Mellissa Cummings Financial Controller | Officer | 35 | $80,699 |
Kriti Joshi Director Of Ops & Developm | Officer | 35 | $152,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,625 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,385 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,010 |
| Total Program Service Revenue | $11,374,475 |
| Investment income | $78,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,604,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $438,820 |
| Compensation of current officers, directors, key employees. | $286,660 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,243,247 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,240,468 |
| Payroll taxes | $509,434 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,355 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $317,717 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $76,684 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,966 |
| Insurance | $195,851 |
| All other expenses | $894,175 |
| Total functional expenses | $11,424,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,331 |
| Savings and temporary cash investments | $3,634,669 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $750,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $89,356 |
| Net Land, buildings, and equipment | $1,267,021 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,370,438 |
| Total assets | $9,538,922 |
| Accounts payable and accrued expenses | $296,496 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,354,963 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,449,957 |
| Total liabilities | $7,101,416 |
| Net assets without donor restrictions | $2,437,506 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,538,922 |