Daymark Solutions Charitable Trust INC EIN 87-3804880

Daymark Solutions Charitable Trust INC

EIN  87-3804880 Public foundation / grantmaker Burlington, MA
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Provides scholarships, housing, and disaster relief to improve health and education for New England families.
Leadership
Brian B Casey · President/Director
Money in and out
$42K revenue, $14K expenses
Bottom line
73% program efficiency

Provides scholarships, housing, and disaster relief to improve health and education for New England families. For fiscal year 2025 it reported $42K in revenue, $14K in expenses, and $245K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$42K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $28K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Program efficiency
73%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
215.2mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▲ +28% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$42K
FY2025▲ +60%
Expenses
$14K
FY2025▲ +10%
Total assets
$245K
FY2025▲ +13%
Total liabilities
$0
FY2025
Total revenue
$42K
Pt VIII · Ln 12
Total expenses
$14K
Pt IX · Ln 25
Net assets
$245K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$28K
Total assetsPt X · Ln 16$245K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $10K of program spending, described in the organization's own filed words · FY2025.
01

No specific programs completed during 2025.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDaymark Solutions Charitable Trust INC
EINHdr · item D87-3804880
Principal addressHdr · item CBurlington, MA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJul 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Director
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Director/Clerk
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$31K · 74%
Investment income$11K · 26%
Other revenue74%$31K
Investment income26%$11K
Total revenueLn 12$42K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$10K
Management & general27%$4K
Total functional expensesLn 25$14K

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$245K
Total liabilitiesLn 26$0
Total net assetsLn 32$245K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $245K · Operating expenses/yr $14K
215.2 months
Where the money goes
Program services
Program services $10K · Total expenses $14K
73%
Management & General
Management & general $4K · Total expenses $14K
27%
Fundraising
Fundraising $0 · Total expenses $14K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $42K
0%
Government reliance
Government grants — · Total revenue $42K
Earned-income share
Program service revenue $0 · Total revenue $42K
0%
Investment reliance
Investment income $11K · Total revenue $42K
+26%
Program self-sufficiency
Program service revenue $0 · Total expenses $14K
0%
Growth & trend
Revenue growth (YoY)
This year $42K · Prior year $26K
+60%
Revenue CAGR
FY2021 $225K · FY2025 $42K
-34%
Net-asset trend (YoY)
End of year $245K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $42K · Expenses $14K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $245K
Net-asset ratio
Net assets $245K · Total assets $245K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $241K · Total assets (Pt X, ln 16) $245K
98%
People & payroll
Highest Reported Total Compensation
Individual Brian B Casey · Reported title PRESIDENT/DIRECTOR · Highest reported compensation $0 · Total expenses $14K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $14K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Revenue growth 60%

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 · this organization's grantmaking
Grants paid · 2 grants · $15K · 2022–2023
Unitemized GrantFY2023$10,000
Unitemized GrantFY2022$5,000

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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)$42K revenue · viewing · ⤓ 990 PDF
FY2024$26K revenue · ⤓ 990 PDF
FY2023$31K revenue · ⤓ 990 PDF
FY2022$-25K revenue · ⤓ 990 PDF
FY2021$225K 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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