Develyn Education Foundation EIN 84-1284530 Form 990 (PDF) Claim this org

Develyn Education Foundation

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Supports D'Evelyn Jr./Sr. High School with financial aid. For fiscal year 2025 it reported $235K in revenue, $161K in expenses, and $665K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Denver, CO
Website
www.develyneducationfoundation.weebly.com
Filings
6 on file (2020–2025)
Revenue
$235KFY2025
Expenses
$161K
Net assets
$665K
People
14
Filings
6
Updates
0
More identity details & actions ⌄
EIN  84-1284530 Public charity (501(c)(3)) Denver, CO
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports D'Evelyn Jr./Sr. High School with financial aid.
Leadership
Christina Brankin · Committee Ch
Money in and out
$235K revenue, $161K expenses
Bottom line
88% program efficiency
Where the money goes · FY2025
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$665K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $74K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program efficiency
88%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
51.0mo
months of highly liquid reserves at operating expense rate▼ -10% vs prior filing year
Surplus margin
+31%
revenue over expenses, this year▼ -13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$235K
FY2025▲ +17%
Expenses
$161K
FY2025▲ +26%
Total assets
$685K
FY2025▲ +13%
Total liabilities
$20K
FY2025▼ -15%
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$665K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$74K
Total assetsPt X · Ln 16$685K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDevelyn Education Foundation
EINHdr · item D84-1284530
Principal addressHdr · item CDenver, CO
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94)
Ruling yearIRS BMFJan 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Committee Ch
$0Pt VII · Sec A
Faculty Rep
$0Pt VII · Sec A
Committee Ch
$0Pt VII · Sec A
Treasurer Fi
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Vice-C
$0Pt VII · Sec A
Vice Princip
$0Pt VII · Sec A
$0Pt VII · Sec A

Jamie Durkin’s $4K as Foundation Management Treasurer is at the 3rd percentile of top reported officer pay among 1613 $100K–1M education 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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $141K of program spending, described in the organization's own filed words · FY2024.
01

Support provided to d'evelyn JR/SR high school academic, performing arts program by providing textbooks, equipment, uniforms, and supplies. This included support to programs including junior high boosters, jaguar athletic groups, d'evelyn performing arts, baseball football, golf, swimming, and track and field programs.

$88Kprogram expense
02

D'evelyn education foundation financially supported and with volunteers from the school community promoted the following events: after prom, d'evelyn dash, and various other student programs.

$26Kprogram expense
03

D'evelyn education foundation provided scholarships to deserving students and teachers to assist them in furthering their education.

$26Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$97K · 41%
Contributions & grants$71K · 30%
Program service revenue$41K · 17%
Investment income$26K · 11%
Other revenue41%$97K
Contributions & grants30%$71K
Program service revenue17%$41K
Investment income11%$26K
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program services88%$141K
Management & general9%$15K
Fundraising3%$5K
Total functional expensesLn 25$161K

Balance Sheet

Part X · end of year
CashLn 1$394K
Total assetsLn 16$685K
Total liabilitiesLn 26$20K
Total net assetsLn 32$665K
Months of cash on handcomputed29.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $684K · Operating expenses/yr $161K
51.0 months
Where the money goes
Program services
Program services $141K · Total expenses $161K
88%
Management & General
Management & general $15K · Total expenses $161K
9%
Fundraising
Fundraising $5K · Total expenses $161K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $61K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $71K · Total revenue $235K
30%
Government reliance
Government grants — · Total revenue $235K
Earned-income share
Program service revenue $41K · Total revenue $235K
17%
Investment reliance
Investment income $26K · Total revenue $235K
+11%
Program self-sufficiency
Program service revenue $41K · Total expenses $161K
25%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $200K
+17%
Revenue CAGR
FY2019 $106K · FY2024 $235K
+17%
Net-asset trend (YoY)
End of year $665K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $161K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $685K
Net-asset ratio
Net assets $665K · Total assets $685K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $290K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $685K
42%
People & payroll
Highest Reported Total Compensation
Individual Christina Brankin · Reported title COMMITTEE CH · Highest reported compensation $0 · Total expenses $161K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $161K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 9%
Fundraising cost ratio 7%
Revenue growth 17%
Investment management fee ratio 0.4%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 17 grants · $317K · 2019–2024
Unitemized GrantFY2024$26,250
Unitemized GrantFY2023$31,050
Unitemized GrantFY2022$22,480
Unitemized GrantFY2022$14,000
Unitemized GrantFY2022$204
Jamin Fund INCCO · FY2021$96,535
Unitemized GrantFY2021$34,383
Unitemized GrantFY2021$4,000
Unitemized GrantFY2021$184
Unitemized GrantFY2020$23,750
Unitemized GrantFY2020$6,500
Unitemized GrantFY2020$122
Unitemized GrantFY2019$23,250
Unitemized GrantFY2019$3,350
Unitemized GrantFY2019$3,000
Unitemized GrantFY2019$127

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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)$235K revenue · viewing · ⤓ 990 PDF
FY2024$200K revenue · ⤓ 990 PDF
FY2023$167K revenue · ⤓ 990 PDF
FY2022$206K revenue · ⤓ 990 PDF
FY2021$95K revenue · ⤓ 990 PDF
FY2020$106K 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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