Diakonia Inc is located in Ocean City, MD. The organization was established in 1985. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Diakonia Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diakonia 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 06/2022, Diakonia Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 21.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DIAKONIA, INC. IS DEDICATED TO BUILDING A FOUNDATION FOR THOSE IN CRISIS OR THOSE WHO ARE HOMELESS WHILE MAINTAINING DIGNITY AND RESPECT; PROVIDING HOPE AND ENHANCING THEIR QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIAKONIA, INC. IS DEDICATED TO BUILDING A FOUNDATION FOR THOSE IN CRISIS OR WHO ARE HOMELESS WHILE MAINTAINING DIGNITY AND RESPECT; PROVIDING HOPE AND ENHANCING THEIR QUALITY OF LIFE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Reid Tingle President | OfficerTrustee | 2 | $0 |
Mike Diffendal Vice President | OfficerTrustee | 2 | $0 |
Brian Roberts Treasurer | OfficerTrustee | 20 | $0 |
Nancy Bradford Secretary | OfficerTrustee | 1 | $0 |
Jack Burbage Director | Trustee | 1 | $0 |
Susan Jones Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $33,642 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,258,449 |
All other contributions, gifts, grants, and similar amounts not included above | $371,239 |
Noncash contributions included in lines 1a–1f | $166,635 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,663,330 |
Total Program Service Revenue | $0 |
Investment income | $2,509 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $33,958 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,700,085 |
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. | $52,165 |
Compensation of current officers, directors, key employees. | $15,259 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $715,716 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,276 |
Payroll taxes | $73,497 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $21,828 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,747 |
Advertising and promotion | $0 |
Office expenses | $63,212 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $35,525 |
Travel | $18,709 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $103 |
Interest | $133 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $50,563 |
Insurance | $39,648 |
All other expenses | $36,044 |
Total functional expenses | $3,739,214 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $309,908 |
Savings and temporary cash investments | $2,449 |
Pledges and grants receivable | $262,597 |
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 | $25,115 |
Prepaid expenses and deferred charges | $14,196 |
Net Land, buildings, and equipment | $1,480,963 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,817 |
Total assets | $2,099,045 |
Accounts payable and accrued expenses | $48,856 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $3,817 |
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 | $0 |
Total liabilities | $52,673 |
Net assets without donor restrictions | $2,046,372 |
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 | $2,099,045 |