Education (B110) IRS Verified DX Registered 990 on File

DAYTONA STATE COLLEGE FOUNDATION INC

EIN: 59-1581805 · DAYTONA BEACH, FL 32114-2817 · United States · FY 2023 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 88/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

Daytona State College Foundation is a direct support organization of Daytona State College as defined in Florida Statute 1004.7 and accordingly is organized and operated exclusively to receive, hold, invest, and administer property and to make expenditures to, or for the benefit of, Daytona State College. The Foundation’s mission is to provide financial assistance to students and funding for critical needs that are beyond the scope of the College’s budget.

Financial Overview — FY 2023

$4.9M

Total Revenue

$1.7M

Total Expenses

$40.1M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 85.8%

Fundraising Efficiency 26.9%

Operating Reserve 276.20x

Liability-to-Asset 0.6%

Revenue Diversification 82.1%

Compared with Peers

FY 2023

Compared with 11,226 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	85.8%	84.5%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	13.4%	13.0%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.8%	0.0%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	26.9%	64.5%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	276.2 mo	8.6 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.6%	23.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	82.1%	90.7%	P10P90	Above median
Revenue growth Year over year revenue growth	92.0%	7.5%	P10P90
Expense growth Year over year expense growth	-0.6%	11.6%	P10P90
Surplus margin Surplus as a share of revenue	64.5%	3.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2023	$4.9M	$1.7M	$40.1M	85.8%
2022	$2.6M	$1.8M	$33.1M	86.3%
2021	$6.1M	$3.2M	N/A	—

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Organization Details

EIN: 59-1581805
State: FL
City: DAYTONA BEACH
ZIP: 32114-2817
Classification: B110
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1970
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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