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Dayspring Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351618998 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Dayspring Center Inc?

Dayspring Center Inc is a nonprofit organization situated in Indianapolis, offering comprehensive social support to families with limited resources. Specifically, they provide an emergency shelter on N. Central Avenue, offering refuge to around 150 families annually who are grappling with a crisis situation. Their mission revolves around offering immediate assistance, ensuring round-the-clock accommodation and essential aid to these families in need. By doing so, Dayspring Center Inc plays a crucial role in alleviating the hardships faced by low-income families, thus contributing to the well-being of their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Dayspring Center Inc has received a 76% rating from Charity Navigator, which indicates a solid level of accountability and transparency. The organization shows strength in its Impact & Measurement score of 80, reflecting effective programs that aim to assist families in need. However, its Accountability & Finance score is lower at 70, which suggests there may be areas for improvement in financial management and reporting.

User feedback highlights the positive impact Dayspring Center has on families, particularly in providing shelter, job skills, and transitional housing. A volunteer noted the caring environment and additional services such as tutoring for children, emphasizing the comprehensive support offered to families in transition.

Despite its strengths, the nonprofit has a program expense ratio of 66.20%, which could indicate that a significant portion of its budget is allocated to administrative costs rather than direct services. Additionally, its liabilities to assets ratio of 1.51% suggests a strong financial position, but ongoing monitoring will be required to ensure sustainability. Overall, Dayspring Center is seen as a valuable resource for families in crisis.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Dayspring Center Inc legitimate?

Dayspring Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dayspring Center Inc 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: $101,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $434,543

For more financial information, click here

What is the mission statement of Dayspring Center Inc?

The Dayspring Center Inc, in its mission, provides social services to support low-income families. It offers an emergency shelter, providing round-the-clock accommodation to around 150 families annually who are facing a crisis situation and require immediate assistance. The center's primary goal is to aid these families during their times of need. In essence, Dayspring Center Inc seeks to offer a sanctuary and necessary assistance to families battling financial hardships.

Who is the CEO of Dayspring Center Inc?

Lori Casson is the President of Dayspring Center Inc.

What is the revenue of Dayspring Center Inc?

Dayspring Center Inc's revenue in 2022 was $1,229,822.

Who are the executives of Dayspring Center Inc and what are their salaries?

The average compensation at Dayspring Center Inc during 2022 was $13,063. There are 41 employees and 500 volunteers at Dayspring Center Inc.


Here are 10 key members and their salaries:


Tim Spidel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Chillemi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Marrs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Klosterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ashton Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rise Compton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Boller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Casson (Executive Director)
  • Compensation: $72,500
  • Related: $0
  • Other: $28,527
Where can I find the form 990 for Dayspring Center Inc?

Dayspring Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dayspring Center Inc

Dayspring Center Inc, a nonprofit organization, is committed to offering social services that aid low-income families. At the heart of its mission, Dayspring Center provides an emergency shelter, offering round-the-clock accommodation to around 150 households annually. These families are often in dire need of immediate assistance during a crisis situation. The center's shelter, located in Indianapolis, serves as a safe haven, providing not only a place to stay but also essential necessities such as food and clothing. Beyond providing emergency shelter, Dayspring Center offers a range of support services to help these families regain stability and rebuild their lives. This includes offering resources and guidance during times of crisis, guiding them towards job opportunities, and providing access to essential healthcare services. The organization's mission is centered around supporting low-income families in their time of need, providing them with the resources and assistance they require to overcome their challenges and move towards a more stable future.

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Impact




October, 2024

Dayspring Center Inc has a significant impact on the lives of low-income families in Indianapolis. By providing essential social services, it offers a vital lifeline to households facing crises. The emergency shelter on N. Central Avenue accommodates approximately 150 families each year, ensuring they have a safe place to stay during difficult times. This round-the-clock support not only addresses immediate housing needs but also fosters stability and restores hope, allowing families to rebuild their lives. Through its dedicated services, Dayspring Center serves as a crucial resource for those in need, empowering them to move towards self-sufficiency and a brighter future.




This information is meant to be a general summary of Dayspring Center Inc. 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.

Revenue
$1,229,822 (2022)
Expenses
$1,137,715 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,390
  • Gross Receipts: $1,239,719

Assets and Liabilities:

  • Total Assets: $2,012,136
  • Total Liabilities: $30,415
  • Net Assets: $1,981,721

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Organization Details

Founding Year

1986

Principal Officer

Lori Casson

Main Address

1537 N Central Avenue, Indianapolis, IN, 46202

NTEE Category

Code: L410 - Housing

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