Daybreak Inc
- Assets
- $378.8k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Palmer, AK
- Founding
- 08/1986
- Data as of
- 06/2022
- EIN
- 91-0109284
Organization Overview
Daybreak Inc is located in Palmer, AK. The organization was established in 1986. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Daybreak Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daybreak 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, Daybreak Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 3.4% 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
HELPING THOSE WITH A DIAGNOSED MENTAL ILLNESS ENGAGE IN THEIR COMMUNITIES BY ASSISTING THEM TO FIND AND OBTAIN EMPLOYMENT, HOUSING, TRANSPORTATION AND OTHER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CASE MANAGEMENT SERVICES AND INDEPENDENT LIVING SKILLS TO 120 INDIVIDUALS WITH LONG TERM MENTAL HEALTH ISSUES IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Polly-Beth Odom Exec. Director | Officer | 40 | $138,867 |
Mabel Wimmer Vice President | OfficerTrustee | 1 | $0 |
Raymond Stride President | OfficerTrustee | 1 | $0 |
Sarah Welton Secretary | OfficerTrustee | 1 | $0 |
Leslie Hollaus Member | Trustee | 1 | $0 |
Howard Bess Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,155,432 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,166,989 |
| Total Program Service Revenue | $0 |
| Investment income | $87 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,167,076 |
| 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. | $145,223 |
| Compensation of current officers, directors, key employees. | $145,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $504,602 |
| Pension plan accruals and contributions | $12,020 |
| Other employee benefits | $18,527 |
| Payroll taxes | $70,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,976 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,150 |
| Advertising and promotion | $1,189 |
| Office expenses | $7,725 |
| Information technology | $6,221 |
| Royalties | $0 |
| Occupancy | $44,763 |
| Travel | $1,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,008 |
| Insurance | $4,677 |
| All other expenses | $14,338 |
| Total functional expenses | $1,046,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $329,581 |
| Pledges and grants receivable | $43,752 |
| 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 | $4,282 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,199 |
| Total assets | $378,814 |
| Accounts payable and accrued expenses | $5,072 |
| 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 | $257 |
| Total liabilities | $5,329 |
| Net assets without donor restrictions | $373,485 |
| 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 | $378,814 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Daybreak Inc has recieved totaling $49,880.
| Awarding Organization | Amount |
|---|---|
Valley Charities Inc Wasilla, AK PURPOSE: HOMELESS ASSISTANCE | $49,880 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homeownership Center Of Tacoma Tacoma, WA | $2,760,083 | $2,293,969 |
Golden Opportunity Living Development Tacoma, WA | $5,413,206 | $1,758,342 |
Southeast Seattle Senior Foundation Seattle, WA | $6,759,619 | $1,644,540 |
Council House Inc Seattle, WA | $4,818,293 | $2,290,756 |
Eastside Home Association Bellevue, WA | $4,294,550 | $1,391,091 |
Christian Church Homes Of Washington Tacoma, WA | $10,741,408 | $1,240,502 |
Kitsap Homes Of Compassion Bremerton, WA | $194,428 | $1,331,309 |
Special Projects And Creative Energies Seattle, WA | $107,094,549 | $3,377,117 |
Loyal Heights Manor Everett, WA | $6,957,756 | $903,742 |
Daybreak Inc Palmer, AK | $378,814 | $1,167,076 |
San Juan Community Home Trust Friday Harbor, WA | $4,183,062 | $1,260,785 |
Columbia Non-Profit Housing Vancouver, WA | $11,056,825 | $2,543,320 |