Delaware Association For Adult Community Education Daace
- Assets
- $364.7k
- Revenue
- $603.0k
- Investments
- $0.0
- Employees
- 18
- Location
- Dover, DE
- Founding
- 07/1996
- Data as of
- 06/2023
- EIN
- 51-0312705
Organization Overview
Delaware Association For Adult Community Education Daace, operating under the name Daace, is located in Dover, DE. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Daace employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daace 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, Daace generated $603.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $616.7k during the year ending 06/2023. 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 DAACE IS TO SPEARHEAD STATEWIDE EFFORTS IN LIFELONG LEARNING, TO LINK INDIVIDUALS AND ORGANIZATIONS INVOLVED IN ADULT, CONTINUING, AND COMMUNITY EDUCATION, AND TO ADDRESS COMMON CONCERNS AND SHARED GOALS FOR ADULT EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACE PROGRAM: THE ADULT & COMMUNITY EDUCATION (ACE) NETWORK IS A SERVICE AGENCY THAT SUPPORTS ADULT EDUCATION AND LITERACY PROVIDERS THROUGH TRAINING AND RESOURCE DEVELOPMENT BY OFFERING PROFESSIONAL DEVELOPMENT OPPORTUNITIES, GRADUATE COURSES IN ADULT EDUCATION, TECHNICAL ASSISTANCE, POLICY ASSISTANCE, CONFERENCES AND WORKSHOPS.
OAASIS: THE ORGANIZATION OF ADULT ALUMNI AND STUDENTS IN SERVICE (OAASIS) IS AN ORGANIZATION COMPOSED OF ALUMNI AND STUDENTS FROM ADULT EDUCATION PROGRAMS THROUGHOUT THE STATE OF DELAWARE. OAASIS PROVIDES SUPPORT FOR CURRENT STUDENTS AND ALUMNI, COOPERATIVES WITH ADULT EDUCATION PROGRAMS TO ENSURE QUALITY PROGRAMMING, AND PROVIDES OUTREACH TO POTENTIAL STUDENTS. DURING THE YEAR, STUDENTS ATTENDED A LEGISLATIVE MEET AND GREET, A LEGISLATIVE DINNER, AND THE DAACE/OAASIS SUMMIT.
DAACE: THE DELAWARE ASSOCIATION FOR ADULT AND COMMUNITY EDUCATION REPRESENTS THE INTERESTS, CONCERNS, AND TALENTS OF ADULT AND COMMUNITY EDUCATION PROFESSIONALS AND VOLUNTEERS. DAACE WORKS TO PROMOTE PUBLIC AWARENESS FOR THE SUPPORT OF EDUCATORS, TO ASSIST AND ENCOURAGE NETWORKING AND INTER-AGENCY COOPERATION, TO PROMOTE AND PROVIDE LEADERSHIP DEVELOPMENT AND PROFESSIONAL GROWTH, AND TO ASSIST AND ENCOURAGE THE EFFECTIVE USE AND EXCHANGE OF RESOURCES TO MEET THE NEEDS OF INDIVIDUALS, ORGANIZATIONS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne M Chandler Director/ace | 40 | $112,689 | |
Heather Farrell Sc Represent | Trustee | 2 | $0 |
Patricia Keeton Kc Represent | Trustee | 2 | $0 |
Cathy Kipp Kent County/ | Trustee | 2 | $0 |
Ron Robinson Ncc Represen | Trustee | 2 | $0 |
Nicole Santiago Sc Represent | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,875 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $556,783 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $565,030 |
| Total Program Service Revenue | $34,119 |
| Investment income | $2,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $603,025 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,211 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,787 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,662 |
| Information technology | $144,363 |
| Royalties | $0 |
| Occupancy | $5,492 |
| Travel | $4,693 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,552 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,336 |
| All other expenses | $17,371 |
| Total functional expenses | $616,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,610 |
| Savings and temporary cash investments | $317,563 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $364,681 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $12,748 |
| Total liabilities | $12,748 |
| Net assets without donor restrictions | $351,933 |
| 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 | $364,681 |