Overview
What is Daybreak Development Corporation?
Daybreak Development Corporation is a nonprofit organization located in Woodstock, Georgia. Their primary focus is on education and humanitarian aid, as well as fulfilling the tenets of the Christian faith to aid humanity. The organization operates an afternoon school program for children, which includes teaching Chinese, as well as a youth hostel in Northern Thailand villages. The corporation's activities are carried out by a team of four dedicated individuals.
Official website here: www.daybreakdev.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%
Daybreak Development Corporation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 56%, the organization has major deficiencies in its governance structure, specifically noting that 0% of its board members are independent. This lack of independent oversight raises questions about the organization's decision-making processes.
On a positive note, Daybreak Development Corporation reports a high program expense ratio of 90.13%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has shown no material diversion of assets, which is a strong indication of financial integrity. However, the absence of essential policies such as a conflict of interest policy and a whistleblower policy detracts from its accountability standards.
While the charity does maintain documentation of board meeting minutes and has a low liabilities to assets ratio of 2.57%, the overall governance issues highlighted in the rating present a concerning picture. The failure to post the tax form on their website further adds to the limitations in transparency. Potential donors and supporters may want to consider these factors carefully when evaluating their support for Daybreak Development Corporation.
This AI summary has been generated from information found on Charity Navigator.
Is Daybreak Development Corporation legitimate?
Daybreak Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daybreak Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,375
For more financial information, click here
Official website here: www.daybreakdev.org
What is the mission statement of Daybreak Development Corporation?
Daybreak Development Corporation is committed to serving humanity through education, humanitarian aid, and adherence to the tenets of the Christian faith. Their mission involves providing assistance to mankind in various capacities. One of their initiatives includes an afternoon school program for children, where they teach Chinese and operate a youth hostel in northern Thailand villages, under an operation known as the AHKA Project. This project aims to provide educational opportunities and support to children in rural areas.
Official website here: www.daybreakdev.org
Who is the CEO of Daybreak Development Corporation?
Mark Mooring is the President of Daybreak Development Corporation.
Official website here: www.daybreakdev.org
What is the revenue of Daybreak Development Corporation?
Daybreak Development Corporation's revenue in 2022 was $520,499.
Official website here: www.daybreakdev.org
Who are the executives of Daybreak Development Corporation and what are their salaries?
The average compensation at Daybreak Development Corporation during 2022 was $34,844. There are 4 employees at Daybreak Development Corporation.
Here are 3 key members and their salaries:
- Compensation: $19,425
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.daybreakdev.org
Where can I find the form 990 for Daybreak Development Corporation?
Daybreak Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daybreakdev.org
Learn more at the official website: www.daybreakdev.org
Mission Statement of Daybreak Development Corporation
Daybreak Development Corporation is a nonprofit organization dedicated to serving mankind through education, humanitarian aid, and the fulfillment of Christian faith commands. Their mission is multifaceted, encompassing various initiatives aimed at assisting individuals globally.
One of their key projects is the AHKA Project, an after-school program for children in northern Thailand villages. This initiative includes teaching Chinese and operates a youth hostel, providing a conducive environment for learning and personal growth. By offering these educational opportunities, Daybreak Development Corporation seeks to empower children and contribute to their overall development.
In addition to education, Daybreak Development Corporation extends its reach into humanitarian aid. They strive to make a difference in people's lives by providing assistance where it is needed most. The specifics of these aid efforts are not provided in the information, but it is clear that the organization's mission is to promote the well-being of mankind through various means.
In summary, Daybreak Development Corporation is a compassionate organization that combines education and humanitarian aid with the principles of the Christian faith. Their mission is to uplift and support mankind, as evidenced by their AHKA Project and other unspecified humanitarian efforts.
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Impact
July, 2024
Daybreak Development Corporation's impact can be seen through its dedication to education, humanitarian aid, and fulfilling the commands of the Christian faith to assist mankind. One of their significant projects, the Ahka Project, involves operating an afternoon school program for children, teaching Chinese, and managing a youth hostel in villages in Northern Thailand. This demonstrates the organization's commitment to making a difference in the lives of individuals, particularly in underserved communities. Their work exemplifies a holistic approach to addressing various needs and promoting growth and development.
This information is meant to be a general summary of Daybreak Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $466
- Gross Receipts: $520,499
Assets and Liabilities:
- Total Assets: $211,552
- Total Liabilities: $417
- Net Assets: $211,135
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Organization Details
Founding Year
2003
Phone
(678) 810-1713Principal Officer
Mark Mooring
Main Address
PO BOX 14, WOODSTOCK, GA, 301880014
Website
www.daybreakdev.orgNTEE Category
Code: Q33 - International
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