Daniel Center For Math And Science is located in Raleigh, NC. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Daniel Center For Math And Science employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniel Center For Math And Science 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 12/2023, Daniel Center For Math And Science generated $724.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $681.7k during the year ending 12/2023. While expenses have increased by 11.7% 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
THE MISSION OF THE DANIEL CENTER FOR MATH & SCIENCE IS TO PROVIDE ENHANCED MATH, SCIENCE, AND TECHNOLOGY EDUCATION OPPORTUNITIES THAT NARROW THE EDUCATION GAP FOR AT-RISK AND DISADVANTAGED STUDENTS; AND TO PREPARE AND MOTIVATE THEM TO PURSUE A POST-HIGH SCHOOL EDUCATION THROUGH PROVEN TUTORING METHODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION ENHANCEMENT THROUGH TEACHING, TRAINING, AND EXPERIENCES (FIELD TRIPS) THAT GREATLY BENEFIT THE ACADEMIC AND SOCIAL WELL-BEING OF OUR STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kirby Jones Executive Di | OfficerTrustee | 40 | $74,836 |
Dr James W Parham Board Chair | OfficerTrustee | 1 | $0 |
Vivian Sturgis Board Vice-C | OfficerTrustee | 1 | $0 |
Bonnie Perry Treasurer | OfficerTrustee | 1 | $0 |
Kerry Collins Secretary | OfficerTrustee | 1 | $0 |
Ronald S Norwood Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $77,631 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $52,763 |
All other contributions, gifts, grants, and similar amounts not included above | $219,930 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $350,324 |
Total Program Service Revenue | $363,614 |
Investment income | $12,814 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$1,829 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $724,923 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $74,836 |
Compensation of current officers, directors, key employees. | $14,967 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $337,887 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $38,120 |
Payroll taxes | $33,417 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,025 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,364 |
Office expenses | $4,021 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $65,515 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $419 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,655 |
Insurance | $18,121 |
All other expenses | $3,192 |
Total functional expenses | $681,705 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $58,013 |
Savings and temporary cash investments | $626,920 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $400 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,027 |
Net Land, buildings, and equipment | $52,746 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $739,106 |
Accounts payable and accrued expenses | $3,128 |
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 | $0 |
Unsecured mortgages and notes payable | $3,966 |
Other liabilities | $3,860 |
Total liabilities | $10,954 |
Net assets without donor restrictions | $728,152 |
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 | $739,106 |