Daybreak Development Corporation
Daybreak Development Corporation shows consistent asset growth and zero officer compensation over a decade.
EIN: 200374767 · Woodstock, GA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $676K |
| Total Expenses | $476K |
| Program Spending | 85% |
| Net Assets | $210K |
| Transparency Score | 90/100 |
Is Daybreak Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daybreak Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daybreak Development Corporation
Daybreak Development Corporation (EIN: 200374767) is a nonprofit organization based in Woodstock, GA, classified under NTEE code Q33. The organization reported total revenue of $676K and total assets of $296K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daybreak Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daybreak Development Corporation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $475K |
| Total Expenses | $476K |
| Surplus / Deficit | $-1,265 |
| Total Assets | $215K |
| Total Liabilities | $6K |
| Net Assets | $210K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Daybreak Development Corporation reported a deficit of $1K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Daybreak Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | -19.3% | +1.8% |
| 2022 | -22.3% | -0.2% | -24.7% |
| 2021 | +52.9% | +51.6% | +38.9% |
| 2020 | +56.4% | +57.9% | +30.0% |
| 2019 | +7.6% | +16.1% | +27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Daybreak Development Corporation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Daybreak Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Daybreak Development Corporation's IRS 990 filings:
- No specific program spending ratio provided in the raw data, making it difficult to precisely assess program efficiency without further detail.
Strengths
The following positive indicators were identified for Daybreak Development Corporation:
- Consistent asset growth over a decade, from $31,934 in 2014 to $215,428 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and dedication to mission.
- Low liabilities relative to assets, with $5,558 in liabilities against $215,428 in assets in 2023, suggesting sound financial management.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
- Revenue growth over the long term, indicating increasing capacity and support.
Frequently Asked Questions about Daybreak Development Corporation
Is Daybreak Development Corporation a legitimate charity?
Daybreak Development Corporation (EIN: 200374767) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $676K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Daybreak Development Corporation spend its money?
Daybreak Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Daybreak Development Corporation tax-deductible?
Daybreak Development Corporation is registered as a tax-exempt nonprofit (EIN: 200374767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Daybreak Development Corporation's spending goes to programs?
Daybreak Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Daybreak Development Corporation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Daybreak Development Corporation is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Daybreak Development Corporation located?
Daybreak Development Corporation is headquartered in Woodstock, Georgia and files with the IRS under EIN 200374767. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Daybreak Development Corporation have?
Daybreak Development Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $676K in total revenue.
Is Daybreak Development Corporation a good charity?
Based on the provided financial data, Daybreak Development Corporation appears to be a good charity. It demonstrates consistent asset growth, low liabilities, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation for over a decade.
How has Daybreak Development Corporation's financial health changed over time?
Daybreak Development Corporation has shown significant financial growth, with assets increasing from $31,934 in 2014 to $215,428 in 2023. Revenue has also generally trended upwards, indicating a growing capacity to fulfill its mission.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a strong commitment to minimizing administrative overhead and maximizing funds for programmatic activities, or that its leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Daybreak Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Daybreak Development Corporation's revenue has grown by 425.1%, moving from $90K to $475K. Total assets increased by 940.7% over the same period, from $21K to $215K. Total functional expenses rose by 424.3%, from $91K to $476K. In its most recent filing year (2023), Daybreak Development Corporation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $6K in liabilities against $215K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $210K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $475K | $476K | $215K | $6K | — | View 990 |
| 2022 | $520K | $590K | $212K | $417 | — | View 990 |
| 2021 | $670K | $591K | $281K | $612 | — | View 990 |
| 2020 | $438K | $390K | $202K | $561 | — | View 990 |
| 2019 | $280K | $247K | $156K | $2K | — | View 990 |
| 2018 | $260K | $213K | $122K | $1K | — | View 990 |
| 2017 | $112K | $122K | $74K | $621 | — | View 990 |
| 2016 | $185K | $160K | $85K | $2K | — | View 990 |
| 2015 | $114K | $77K | $58K | $463 | — | View 990 |
| 2014 | $64K | $34K | $32K | $11K | — | View 990 |
| 2013 | $42K | $48K | $2K | $12K | — | View 990 |
| 2012 | $54K | $66K | $9K | $12K | — | View 990 |
| 2011 | $90K | $91K | $21K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $475K, expenses of $476K, and assets of $215K (revenue -8.8% year-over-year).
- 2022: Revenue of $520K, expenses of $590K, and assets of $212K (revenue -22.3% year-over-year).
- 2021: Revenue of $670K, expenses of $591K, and assets of $281K (revenue +52.9% year-over-year).
- 2020: Revenue of $438K, expenses of $390K, and assets of $202K (revenue +56.4% year-over-year).
- 2019: Revenue of $280K, expenses of $247K, and assets of $156K (revenue +7.6% year-over-year).
- 2018: Revenue of $260K, expenses of $213K, and assets of $122K (revenue +132.9% year-over-year).
- 2017: Revenue of $112K, expenses of $122K, and assets of $74K (revenue -39.8% year-over-year).
- 2016: Revenue of $185K, expenses of $160K, and assets of $85K (revenue +62.3% year-over-year).
- 2015: Revenue of $114K, expenses of $77K, and assets of $58K (revenue +77.4% year-over-year).
- 2014: Revenue of $64K, expenses of $34K, and assets of $32K (revenue +54.0% year-over-year).
- 2013: Revenue of $42K, expenses of $48K, and assets of $2K (revenue -23.1% year-over-year).
- 2012: Revenue of $54K, expenses of $66K, and assets of $9K (revenue -39.8% year-over-year).
- 2011: Revenue of $90K, expenses of $91K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daybreak Development Corporation:
Data Sources and Methodology
This transparency report for Daybreak Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.