Delta Foundation INC FY2021 filing

Tax-deductible

Capitol Hgts, MD501(c)(3)EducationEIN 52-1968496

The foundation is formed for purposes that include, supporting and funding educational programs and services for senior citizens, youth, women, and children in prince georges county, maryland and awarding scholarships and awards to accomplished high school and college students.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $12K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$205K
-0.3% vs prior year
Spent
$179K
To programs
95%
Net assets
$696K
By yearFY2020–FY2024
Revenue
$205K
FY2021-0.3%
Revenue by fiscal year
FY2020$206K
FY2021$205K
FY2022$97K
FY2023$123K
FY2024$219K
Expenses
$179K
FY2021▼ -32%
Expenses by fiscal year
FY2020$262K
FY2021$179K
FY2022$132K
FY2023$145K
FY2024$189K
Net assets
$696K
FY2021▲ +4%
Net assets by fiscal year
FY2020$668K
FY2021$696K
FY2022$618K
FY2023$587K
FY2024$600K

From the FY2021 Form 990 (year ending September 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1997.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $170K Management & general 4% · $7K Fundraising 2% · $3K

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

Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Ass. Treasur
$0Pt VII · Sec A
Finance Secr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Delta Foundation INC executive salaries →

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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

Funds educational programs and scholarships for seniors, youth, women, and children in Prince George's County.

Provided by the organization

This section is blank until Delta Foundation INC claims this page.

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2 program services account for $170K of program spending, described in the organization's own filed words · FY2020.
01

Pgcac

This tax year, delta foundation, inc., (dfi), continued its longstanding relationship with the prince georges county alumnae chapter (pgcac) of delta sigma theta sorority, incorporated, to serve as a fiscal sponsor and partner to support pgcac's community service outreach programs.

$155Kprogram expense
02

Dfi-Walk of Fame

Founded in 1996, delta foundation, inc. Is a 501(c)(3) tax-exempt charitable organization. It operates from the delta cultural center in lanham, MD, which the foundation purchased in 2009 and opened tothe public in 2012.

$15Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 19 grants · $420K · 2019–2023
Others Under 5000FY2023$56,530
North Carolina Central UniversityFY2023$13,500
Hampton UniversityVA · FY2023$12,500
The Howard UniversityDC · FY2023$9,000
Morgan State UniversityFY2023$5,725
Howard University Office of the BurFY2022$9,700
University of MiamiFL · FY2022$7,100
University of Maryland College ParkFY2022$7,100
North Carolina A&t State UniversityFY2022$7,100
Spelman CollegeGA · FY2022$6,550
Eastern High SchoolFY2022$6,000
Morgan State UniversityFY2022$6,000
Pgcac Scholarship GrantsFY2021$76,600
Unitemized GrantFY2020$65,115
See all 19 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$205K
Ln 12
Other incomeLn 4–11$158K
Gifts and grantsLn 1h$27K
Investment incomeLn 3$21K
Money outPt IX
$179K
Ln 25
Programscol B$170K
Managementcol C$7K
Fundraisingcol D$3K
Owns and owesPt X
$696K
net assets · Ln 32
Cash and savingsLn 1–2$210K
Total assetsLn 16$702K
LiabilitiesLn 26$5K
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27K
Government grantsLn 1e$27K
Investment incomeLn 3$21K
Other incomeLn 4–11$158K
Total revenueLn 12$205K
Assets in detailPt X, end of year
CashLn 1$210K
Cash and savings togetherLn 1–2$210K
InvestmentsLn 11–13$101K
Land, buildings, equipmentLn 10c$391K
Total assetsLn 16$702K
LiabilitiesLn 26$5K
Net assetsLn 32$696K
OperationsPt I, VI
EmployeesI 50
VolunteersI 619
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$183K$210K
InvestmentsLn 11–13$80K$101K
Land, buildings, equipmentLn 10c$404K$391K
Total assetsLn 16$668K$702K
LiabilitiesLn 26$0$5K
Net assetsLn 32$668K$696K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$67K$67K
Management feesLn 11a$4K$4K
Accounting feesLn 11c$4K$3K$1K$400
Other fees for servicesLn 11g$11K$9K$2K$748
Advertising and promotionLn 12$71$71
Office expensesLn 13$200$200
Depreciation, depletion and amortizationLn 22$13K$10K$3K$1K
InsuranceLn 23$5K$4K$678$622
Other expenses (24a–d)Ln 24$74K$74K$397
All other expensesLn 24e$241$241
Total functional expensesLn 25$179K$170K$7K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $219K$189K$30K$600K 990 PDF
FY2023 $123K$145K−$23K$587K 990 PDF
FY2022 $97K$132K−$36K$618K 990 PDF
FY2021 Viewing $205K$179K$26K$696K 990 PDF
FY2020 $206K$262K−$57K$668K 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $205,036 across 6 lines filed
VIII-1e Government grants$26,710
VIII-1h Total contributions, gifts and grants$26,710
VIII-3 Investment incomeRelated to mission $20,743$20,743
VIII-8 Net income from fundraising events$157,211
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $372$372
VIII-12 Total revenueRelated to mission $21,115$205,036
Part IX · Statement of functional expenses $179,470 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $67,115$67,115
IX-11a Management feesPrograms $3,978$3,978
IX-11c Accounting feesPrograms $2,575 · Management $1,025 · Fundraising $400$4,000
IX-11g Other fees for servicesPrograms $8,769 · Management $1,746 · Fundraising $748$11,263
IX-12 Advertising and promotionManagement $71$71
IX-13 Office expensesPrograms $200$200
IX-22 Depreciation, depletion and amortizationPrograms $9,532 · Management $2,513 · Fundraising $1,338$13,383
IX-23 InsurancePrograms $3,615 · Management $678 · Fundraising $622$4,915
IX-24 Other expenses (24a–d)Programs $73,907 · Management $397$74,304
IX-24e All other expensesManagement $241$241
IX-25 Total functional expensesPrograms $169,691 · Management $6,671 · Fundraising $3,108$179,470
Part X · Balance sheet $701,538 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $182,869$209,950
X-10c Land, buildings and equipment, netStart of year $404,181$390,798
X-11 Publicly traded securitiesStart of year $80,086$100,790
X-16 Total assetsStart of year $667,671$701,538
X-17 Accounts payable and accrued expenses$4,732
X-24 Unsecured notes and loans payable$543
X-26 Total liabilitiesStart of year $0$5,275
X-27 Net assets without donor restrictionsStart of year $512,009$540,601
X-28 Net assets with donor restrictionsStart of year $155,662$155,662
X-32 Total net assets or fund balancesStart of year $667,671$696,263
X-33 Total liabilities and net assetsStart of year $667,671$701,538
Part XI · Reconciliation of net assets $696,263 net assets at year end
XI-1 Total revenue$205,036
XI-2 Total expenses$179,470
XI-3 Revenue less expenses$25,566
XI-4 Net assets at start of year$667,671
XI-8 Prior period adjustments$3,026
XI-10 Net assets at end of year$696,263

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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