DELAWARE ADVANCEMENT CORPORATION

MUNCIE, IN, 47305 (765) 751-9108 Est. 1984 EIN 31-1111841

501(c)(3)

Financials

Total Revenue

—

Total Expenses

—

Net Assets

—

From latest filing (tax period ending 2025-09-30)

Operating Reserve

20.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 18.9%

Expenses ↓ 17.6%

Revenue Sources

Contributions 57.9% Earned revenue 37.5% Investment 3.3% Other 1.0%

Expense Breakdown

Program 78.7% Management 21.3%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Oct 1, 2024 to Sep 30, 2025	$3,535,786 ↓	$3,288,973	$5,632,615
2023 990 - Public charity return Oct 1, 2023 to Sep 30, 2024	$4,359,701 ↓	$3,992,560	$8,693,035
2022 990 - Public charity return Oct 1, 2022 to Sep 30, 2023	$4,549,047 ↑	$3,522,074	$7,553,492
2021 990 - Public charity return Oct 1, 2021 to Sep 30, 2022	$3,902,728 ↓	$2,982,605	$6,426,519
2020 990 - Public charity return Oct 1, 2020 to Sep 30, 2021	$3,911,691 ↑	$3,065,731	$5,506,396
2019 990 - Public charity return Oct 1, 2019 to Sep 30, 2020	$3,466,807 ↓	$3,568,925	$4,660,436
2017 990 - Public charity return Oct 1, 2017 to Sep 30, 2018	$3,756,461	$3,513,129	$4,682,404