Daymark Recovery Services Inc
85% goes to programs Strong reserves Growing revenue
Daymark Recovery Services Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 2005, with $117,920,654 in FY2024 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
2129 Statesville Blvd, Salisbury, NC, 28147 EIN 02-0707661 Since 2005
Revenue (FY2024)
$117.9M
▲ 20.6% vs prior year
Health median: $840K
Expenses (FY2024)
$97.8M
Net assets
$67.7M
Employees
1,343
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Daymark Recovery Services Inc: 85% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Daymark Recovery Services Inc: 8 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Daymark Recovery Services Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Daymark Recovery Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide mental health, and substance abuse services for people suffering from those disabilities in central north carolina.
Contact & location
- Address
- 2129 Statesville Blvd, Salisbury, NC, 28147
- City
- Salisbury
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $50.9M (FY2013) to $117.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12.2MNet assets $67.7M
Operating margin
17.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$79.8M
Total liabilities
$12.2M
Net assets
$67.7M
Salaries & benefits
$71.2M
73% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $117,920,654▲20.6% | $97,818,295▲12.5% | $67,663,004▲42.6% | $79,837,680▲33.6% | 990 |
| 2023 | $97,779,958▲18.0% | $86,948,827▲14.0% | $47,444,033▲30.0% | $59,744,255▲24.8% | 990 |
| 2022 | $82,899,140▲27.4% | $76,284,352▲20.6% | $36,495,519▲22.7% | $47,855,243▲22.0% | 990 |
| 2021 | $65,095,451▼1.4% | $63,268,279▲10.2% | $29,731,927▲6.7% | $39,230,183▲10.7% | 990 |
| 2020 | $66,004,815▲3.1% | $57,415,914▼3.3% | $27,858,227▲45.4% | $35,448,352▲35.8% | 990 |
| 2019 | $64,042,971▲5.2% | $59,380,778▼4.9% | $19,162,700▲32.3% | $26,108,202▲23.1% | 990 |
| 2018 | $60,871,412▲2.4% | $62,458,467▲7.1% | $14,485,743▼9.9% | $21,212,208▼11.1% | 990 |
| 2017 | $59,473,666▲5.5% | $58,317,645▲7.5% | $16,072,798▲7.7% | $23,866,051▲7.6% | 990 |
| 2016 | $56,363,666▲1.8% | $54,260,534▲2.3% | $14,916,777▲16.4% | $22,182,954▲10.9% | 990 |
| 2015 | $55,368,617▲4.5% | $53,032,487▲3.4% | $12,813,645▲22.3% | $20,001,454▲25.9% | 990 |
| 2014 | $52,973,366▲4.0% | $51,267,390▲2.0% | $10,477,515▲19.4% | $15,890,438▲8.9% | 990 |
| 2013 | $50,918,380 | $50,260,223▲2.0% | $8,771,539▲8.1% | $14,597,079▲7.7% | 990 |
| 2012 | — | $49,280,458▲10.5% | $8,113,381▲23.4% | $13,550,709▲16.2% | 990 |
| 2011 | — | $44,587,129▲45.6% | $6,574,321▲15.0% | $11,658,419▲15.4% | 990 |
| 2010 | — | $30,628,883▲9.9% | $5,715,957▲15.4% | $10,098,624▲24.5% | 990 |
| 2009 | — | $27,874,770 | $4,951,083 | $8,108,994 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Nofal Philip — $341,250 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nofal Philip | Medical Director | 40 | $341,250 |
| West Billy R | Executive Director | 40 | $325,000 |
| Pekarek Elizabeth Mary | Medical Director | 40 | $288,400 |
| Hassani Joumana | Md | 40 | $248,286 |
| Calvert Connie Lea | Md | 40 | $246,139 |
| Herrick Richard Edward | Md | 40 | $230,000 |
| Harris William | Md | 40 | $218,225 |
| Greer Jerold D | Chief Information Officer | 40 | $218,050 |
| Ivey April Michelle | Md | 40 | $211,538 |
| Waller R Alan | Finance Director | 40 | $194,255 |
| Baker Holly | Board of Directors | 1 | — |
| Botts Jr Mark F | Vice Chair | 1 | — |
| Cloud Dr D'quayvion | Board of Directors | 1 | — |
| Staton-williams Diamond | Board Chair | 1 | — |
| Taylor Wendy | Treasurer | 1 | — |
| Veach Dr Laura | Board Chair | 1 | — |
| Wagner David | Board of Directors | 1 | — |
| Wilson Felicia | Board of Directors | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Boovy Np Llctboovy | Md | $223,335 |
| William R Lay III Md | Md | $205,800 |
| Roger Laverne Holt | Md | $161,832 |
| Amer Qureshi Md | Md | $154,605 |
| Renee Mcguire | Md | $137,020 |
Grants received · $15K total
3 grants to Daymark Recovery Services Inc totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Programs | 2018 | $5,000 |
| University of Miami | Research | 2015 | $5,345 |
| University of Miami | Research | 2014 | $5,088 |
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Frequently asked questions
- Is Daymark Recovery Services Inc a legitimate nonprofit?
- Yes. Daymark Recovery Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0707661, based in Salisbury, North Carolina. Donations are tax-deductible.
- What is Daymark Recovery Services Inc's EIN?
- Daymark Recovery Services Inc's Employer Identification Number (EIN) is 02-0707661.
- How much revenue does Daymark Recovery Services Inc report?
- Daymark Recovery Services Inc reported $117,920,654 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Daymark Recovery Services Inc's spending goes to programs?
- Daymark Recovery Services Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Daymark Recovery Services Inc have?
- CharityIndex grades Daymark Recovery Services Inc A, based on program efficiency and fundraising cost.
- How much does Daymark Recovery Services Inc's highest-paid employee make?
- The highest reported compensation on Daymark Recovery Services Inc's latest Form 990 is $341,250, paid to Nofal Philip (Medical Director).
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Data for Daymark Recovery Services Inc (EIN 02-0707661) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.