Daybreak Development Corporation FY2024 filing

Tax-deductible

Woodstock, GA501(c)(3)Since 2003InternationalEIN 20-0374767Revenue $676K in FY2024

On file with the IRSdaybreakdev.orgPo Box 14, 30188-0014 · Woodstock, GATax-exempt since Jan 2005Publicly supported charity — 170(b)(1)(A)(vi)

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The organization engages in education, humanitarian aid, and fulfillment of the commands of the christian faith to assist mankind.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$22K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $23K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$22K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $73K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$676K
+42% vs prior year
Spent
$594K
To programs
87%
Net assets
$294K
By yearFY2020–FY2025
Revenue
$676K
FY2024▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$438K
FY2021$670K
FY2022$520K
FY2023$475K
FY2024$676K
FY2025$676K
Expenses
$594K
FY2024▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$390K
FY2021$591K
FY2022$590K
FY2023$476K
FY2024$594K
FY2025$679K
Net assets
$294K
FY2024▲ +40%
Tap a bar for its year
Net assets by fiscal year
FY2020$202K
FY2021$280K
FY2022$211K
FY2023$210K
FY2024$294K
FY2025$272K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $514K Management & general 13% · $79K Fundraising 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $22K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$21,900Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Mark Mooring’s $25K as President is at the 21st percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mark Mooring$24,900$21,900$21,900$19,425$19,200$19,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides education, humanitarian aid, and Christian faith-based assistance to people.

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Provided by the organization

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1 program · $511K · in their own filed words · FY2024
01

Ahka Project

This is an operation of an afternoon school program for children including the teaching of chinese and a youth hostel in northern thailand villages.

$511Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$73K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$676K
Ln 12
Gifts and grantsLn 1h$673K
Investment incomeLn 3$3K
Money outPt IX
$594K
Ln 25
Programscol B$514K
Managementcol C$79K
Fundraisingcol D$1K
Owns and owesPt X
$294K
net assets · Ln 32
Cash and savingsLn 1–2$281K
Total assetsLn 16$296K
LiabilitiesLn 26$2K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$673K
Noncash giftsLn 1g$10K
Investment incomeLn 3$3K
Total revenueLn 12$676K
Assets in detailPt X, end of year
CashLn 1$214K
SavingsLn 2$67K
Cash and savings togetherLn 1–2$281K
Land, buildings, equipmentLn 10c$9K
Other assetsLn 15$6K
Total assetsLn 16$296K
LiabilitiesLn 26$2K
Net assetsLn 32$294K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$202K$281K
Land, buildings, equipmentLn 10c$7K$9K
Total assetsLn 16$215K$296K
LiabilitiesLn 26$6K$2K
Net assetsLn 32$210K$294K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$22K$16K$6K
Other salaries and wagesLn 7$150K$110K$40K
Other employee benefitsLn 9$25K$18K$7K
Payroll taxesLn 10$13K$12K$2K
Accounting feesLn 11c$950$950
Other fees for servicesLn 11g$313K$313K$215
Office expensesLn 13$17K$11K$5K$824
Information technologyLn 14$2K$926$876
OccupancyLn 16$16K$12K$4K
TravelLn 17$30K$20K$10K
Conferences, conventions and meetingsLn 19$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$3K$1K$1K$366
Total functional expensesLn 25$594K$514K$79K$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $676K$679K−$2K$272K 990 PDF
FY2024 Viewing $676K$594K$83K$294K 990 PDF
FY2023 $475K$476K−$1K$210K 990 PDF
FY2022 $520K$590K−$69K$211K 990 PDF
FY2021 $670K$591K$79K$280K 990 PDF
FY2020 $438K$390K$48K$202K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $676,482 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $473,413$673,428
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,472$3,054
I-11 Other revenue$0
I-12 Total revenuePrior year $474,885$676,482
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $179,457$209,263
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $296,693$384,505
I-18 Total expensesPrior year $476,150$593,768
I-19 Revenue less expensesPrior year −$1,265$82,714
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $676,482 across 6 lines filed
VIII-1a Federated campaigns$663,328
VIII-1f All other contributions, gifts and grants$10,100
VIII-1g Noncash contributions (included above)$10,100
VIII-1h Total contributions, gifts and grants$673,428
VIII-3 Investment incomeRelated to mission $3,054$3,054
VIII-12 Total revenueRelated to mission $3,054$676,482
Part IX · Statement of functional expenses $593,768 across 13 lines filed
IX-6 Pay of disqualified personsPrograms $16,053 · Management $5,847$21,900
IX-7 Other salaries and wagesPrograms $109,625 · Management $39,931$149,556
IX-9 Other employee benefitsPrograms $18,099 · Management $6,592$24,691
IX-10 Payroll taxesPrograms $11,542 · Management $1,574$13,116
IX-11c Accounting feesManagement $950$950
IX-11g Other fees for servicesPrograms $312,870 · Management $215$313,085
IX-13 Office expensesPrograms $11,261 · Management $4,654 · Fundraising $824$16,739
IX-14 Information technologyPrograms $926 · Management $876$1,802
IX-16 OccupancyPrograms $11,659 · Management $4,246$15,905
IX-17 TravelPrograms $20,495 · Management $9,993$30,488
IX-19 Conferences, conventions and meetingsManagement $1,108$1,108
IX-23 InsuranceManagement $1,616$1,616
IX-24 Other expenses (24a–d)Programs $1,228 · Management $1,218 · Fundraising $366$2,812
IX-25 Total functional expensesPrograms $513,758 · Management $78,820 · Fundraising $1,190$593,768
Part X · Balance sheet $296,282 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $139,816$213,858
X-2 Savings and temporary cash investmentsStart of year $62,242$67,042
X-3 Pledges and grants receivable$80
X-10c Land, buildings and equipment, netStart of year $6,976$8,914
X-15 Other assetsStart of year $6,394$6,388
X-16 Total assetsStart of year $215,428$296,282
X-17 Accounts payable and accrued expensesStart of year $5,224$1,512
X-25 Other liabilitiesStart of year $334$334
X-26 Total liabilitiesStart of year $5,558$1,846
X-32 Total net assets or fund balancesStart of year $209,870$294,436
X-33 Total liabilities and net assetsStart of year $215,428$296,282
Part XI · Reconciliation of net assets $294,436 net assets at year end
XI-1 Total revenue$676,482
XI-2 Total expenses$593,768
XI-3 Revenue less expenses$82,714
XI-4 Net assets at start of year$209,870
XI-8 Prior period adjustments$1,852
XI-10 Net assets at end of year$294,436

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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