Dima II INC EIN 51-0340823 Form 990 (PDF) Claim this org

Dima II INC FY2021 filing

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Offers safe, affordable housing for community members with mental illness. For fiscal year 2021 it reported $68K in revenue, $89K in expenses, and $-402K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Wilmington, DE
Filings
6 on file (2020–2021)
Revenue
$68KFY2021
Expenses
$89K
Net assets
$-402K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  51-0340823 Public charity (501(c)(3)) Wilmington, DE
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers safe, affordable housing for community members with mental illness.
Leadership
Joshua Thomas PhD · President
Money in and out
$68K revenue, $89K expenses
Bottom line
64% program efficiency
Where the money goes · FY2021
Total revenue
$68K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$-402K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.64 Management & general $0.36
Program efficiency
64%
of spending reaches programs
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-31%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$68K
FY2021▼ -4%
Expenses
$89K
FY2021▼ -1%
Total assets
$411K
FY2021▼ -8%
Total liabilities
$813K
FY2021+0.5%
Total revenue
$68K
Pt VIII · Ln 12
Total expenses
$89K
Pt IX · Ln 25
Net assets
$-402K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$411K
Program-expense ratioPt IX · col B64%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDima II INC
EINHdr · item D51-0340823
Principal addressHdr · item CWilmington, DE
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L25Z)
Ruling yearIRS BMFOct 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 $57K of program spending, described in the organization's own filed words · FY2020.
01

To provide safe alternative housing for those in our community with mentally ill. To solicit, receive, invest, administer and distribute funds for the above and no other purpose.

$57Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$36K · 52%
Program service revenue$22K · 32%
Investment income$10K · 15%
Contributions & grants52%$36K
Program service revenue32%$22K
Investment income15%$10K
— government grantsLn 1e$36K
Total revenueLn 12$68K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.64 Management & general $0.36
Program services64%$57K
Management & general36%$32K
Total functional expensesLn 25$89K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$411K
Total liabilitiesLn 26$813K
Total net assetsLn 32$-402K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6K · Operating expenses/yr $89K
0.8 months
Where the money goes
Program services
Program services $57K · Total expenses $89K
64%
Management & General
Management & general $32K · Total expenses $89K
36%
Fundraising
Fundraising $0 · Total expenses $89K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $36K · Total revenue $68K
52%
Government reliance
Government grants $36K · Total revenue $68K
52%
Earned-income share
Program service revenue $22K · Total revenue $68K
32%
Investment reliance
Investment income $10K · Total revenue $68K
+15%
Program self-sufficiency
Program service revenue $22K · Total expenses $89K
25%
Growth & trend
Revenue growth (YoY)
This year $68K · Prior year $71K
-4%
Net-asset trend (YoY)
End of year $-402K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $68K · Expenses $89K
-31%
Liabilities-to-Assets
Total liabilities — · Total assets $411K
Net-asset ratio
Net assets $-402K · Total assets $411K
-98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $411K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joshua Thomas PHD · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $89K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $16K · Total expenses $89K
18%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 64%
Overhead ratio 36%
Fundraising cost ratio 0%
Revenue growth -4%
Legal fee ratio 0.02%
Accounting fee ratio 10%

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)$106K revenue · ⤓ 990 PDF
FY2024$78K revenue · ⤓ 990 PDF
FY2023$63K revenue · ⤓ 990 PDF
FY2022$66K revenue · ⤓ 990 PDF
FY2021$68K revenue · viewing · ⤓ 990 PDF
FY2020$71K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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