Dcro Institute EIN 86-1466613 Form 990 (PDF) Claim this org

Dcro Institute FY2022 filing

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Provides charitable and educational services to the public. For fiscal year 2022 it reported $227K in revenue, $198K in expenses, and $139K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Amlin, OH
Website
www.dcroi.org
Filings
3 on file (2022–2022)
Revenue
$227KFY2022
Expenses
$198K
Net assets
$139K
People
1
Filings
3
Updates
0
More identity details & actions ⌄
EIN  86-1466613 Public charity (501(c)(3)) Amlin, OH
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides charitable and educational services to the public.
Leadership
David Koenig Bright Governance · President and CEO · $39K
Money in and out
$227K revenue, $198K expenses
Bottom line
54% program efficiency
Where the money goes · FY2022
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$198K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $29K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.46
Program efficiency
54%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+13%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$227K
FY2022
Expenses
$198K
FY2022
Total assets
$141K
FY2022
Total liabilities
$2K
FY2022
Total revenue
$227K
Pt VIII · Ln 12
Total expenses
$198K
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$29K
Total assetsPt X · Ln 16$141K
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDcro Institute
EINHdr · item D86-1466613
Principal addressHdr · item CAmlin, OH
WebsiteHdr · item Jwww.dcroi.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFNov 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$38,926Pt VII · Sec A

David Koenig’s $88K as President and CEO is at the 77th percentile of top reported officer pay among 1616 $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.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022
David Koenig$88,125
David Koenig Bright Governance$33,845$38,926

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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Mission & Programs · Part III

Where the work happens

3 program services account for $107K of program spending, described in the organization's own filed words · FY2022.
01

Another overall goal is to focus on helping women attain more positions as board members and c-level executives through attaining our credentials. At the end of 2022, 55% of those who attained our Certificate in Risk Governance(R) were women, and 60% of those who received permission to use our Qualified Risk Director(R) designation were…

$62Kprogram expense
02

Our overall goals include reaching a global audience. Registrants in our on-demand learning platform come from over 90 countries, which is an increase from slightly more than 50 countries at the end of 2021.

$30Kprogram expense
03

We seek global partnerships for delivery of our programs in support of our various mission goals. One of those programs was with the IFC - International Finance Corp, part of the World Bank Group, whereby they registered more than 60 of their Nominee Directors, who serve on boards in developing/emerging economies, through our training.

$15Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue100%$226K
Investment income$32
Other revenue$532
Total revenueLn 12$227K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.46
Program services54%$107K
Management & general46%$91K
Total functional expensesLn 25$198K

Balance Sheet

Part X · end of year
CashLn 1$41K
Total assetsLn 16$141K
Total liabilitiesLn 26$2K
Total net assetsLn 32$139K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $41K · Operating expenses/yr $198K
2.5 months
Where the money goes
Program services
Program services $107K · Total expenses $198K
54%
Management & General
Management & general $91K · Total expenses $198K
46%
Fundraising
Fundraising $0 · Total expenses $198K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $227K
0%
Government reliance
Government grants — · Total revenue $227K
Earned-income share
Program service revenue $226K · Total revenue $227K
100%
Investment reliance
Investment income $32 · Total revenue $227K
+0.01%
Program self-sufficiency
Program service revenue $226K · Total expenses $198K
114%
Growth & trend
Revenue growth (YoY)
This year $227K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $139K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $227K · Expenses $198K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $141K
Net-asset ratio
Net assets $139K · Total assets $141K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $141K
0%
People & payroll
Highest Reported Total Compensation
Individual David Koenig Bright Governance · Reported title President and CEO · Highest reported compensation $39K · Total expenses $198K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $198K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 46%
Legal fee ratio 11%
Accounting fee ratio 0.8%

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
FY2024 (Latest)$369K revenue · ⤓ 990 PDF
FY2023$269K revenue · ⤓ 990 PDF
FY2022$227K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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