Dalrc INC EIN 20-0865759 Form 990 (PDF) Claim this org

Dalrc INC

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Advocates for Delta retirees by monitoring legislation and providing valuable information. For fiscal year 2025 it reported $211K in revenue, $191K in expenses, and $506K in net assets.Pt I

Type
Mutual-benefit / member-serving · Employment
Location
McDonough, GA
Website
www.dalrc.org
Filings
6 on file (2020–2025)
Revenue
$211KFY2025
Expenses
$191K
Net assets
$506K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-0865759 Mutual-benefit / member-serving McDonough, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for Delta retirees by monitoring legislation and providing valuable information.
Leadership
Mike Keen · Director
Money in and out
$211K revenue, $191K expenses
Bottom line
+9% surplus margin
Reported financial activity · FY2025
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$191K
Pt IX · Ln 25
Net assets
$506K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.32 Management & general $0.68
Surplus margin
+9%
revenue over expenses, this year▲ ×322 vs prior filing year
Program spending
32%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$211K
FY2025▲ +12%
Total revenue
$211K
Pt VIII · Ln 12
Total expenses
$191K
Pt IX · Ln 25
Net assets
$506K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$506K
Program-expense ratioPt IX · col B32%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDalrc INC
EINHdr · item D20-0865759
Principal addressHdr · item CMcDonough, GA
WebsiteHdr · item Jwww.dalrc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFEmployment (J40)
Ruling yearIRS BMFOct 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Trusteedirector
$0Pt VII · Sec A
Trusteedirector
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $61K of program spending, described in the organization's own filed words · FY2025.
01

Dalrc inc is an organization with a focus on issues of common interest and to support future and current delta retirees. It is also a legislative watch-dog group that monitors legislative action that may impact delta retirees and has a long-term initiative to provide valuable information for dalrc members as they experience life changing…

$61Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$99K · 47%
Contributions & grants$92K · 44%
Investment income$20K · 9%
Other revenue47%$99K
Contributions & grants44%$92K
Investment income9%$20K
Total revenueLn 12$211K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.32 Management & general $0.68
Program services32%$61K
Management & general68%$130K
Total functional expensesLn 25$191K

Balance Sheet

Part X · end of year
CashLn 1$506K
Total assetsLn 16$506K
Total liabilitiesLn 26$0
Total net assetsLn 32$506K
Months of cash on handcomputed31.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $506K · Operating expenses/yr $191K
31.8 months
Where the money goes
Program services
Program services $61K · Total expenses $191K
32%
Management & General
Management & general $130K · Total expenses $191K
68%
Fundraising
Fundraising $0 · Total expenses $191K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $92K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $92K · Total revenue $211K
44%
Government reliance
Government grants — · Total revenue $211K
Earned-income share
Program service revenue $0 · Total revenue $211K
0%
Investment reliance
Investment income $20K · Total revenue $211K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $191K
0%
Growth & trend
Revenue growth (YoY)
This year $211K · Prior year $189K
+12%
Revenue CAGR
FY2020 $101K · FY2025 $211K
+16%
Net-asset trend (YoY)
End of year $506K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $211K · Expenses $191K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $506K
Net-asset ratio
Net assets $506K · Total assets $506K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $506K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mike Keen · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $191K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $191K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 32%
Overhead ratio 68%
Fundraising cost ratio 0%
Revenue growth 12%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$211K revenue · viewing · ⤓ 990 PDF
FY2024$189K revenue · ⤓ 990 PDF
FY2023$109K revenue · ⤓ 990 PDF
FY2022$105K revenue · ⤓ 990 PDF
FY2021$112K revenue · ⤓ 990 PDF
FY2020$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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