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Nonprofit · EIN 22-2549908

DELAWARE FINANCIAL EDUCATION ALLIAN

Tax-exempt · DOVER, DE 19903

Financials

$643K$528K2023$685K$596K2024
Revenue Expenses · by fiscal year end
Financials of DELAWARE FINANCIAL EDUCATION ALLIAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$685,429$596,498$88,931$959,116$24,017$935,099
May 31, 2024990$643,424$527,605$115,819$856,264$10,096$846,168
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$61,080
Program service revenue
$590,261
Investment income
$34,088
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$19,101
Program services (functional)
$507,309
Management and general (functional)
$89,189

Balance sheet and other

Total assets, start of year
$856,264
Total assets, end of year
$959,116
Total liabilities, end of year
$24,017
Net assets, end of year
$935,099
Net assets without donor restrictions
$932,066
Net assets with donor restrictions
$3,033
Gross receipts
$685,429
Employees
0
Volunteers
0
Year formed
1983
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
SARAH A LONGFORMER PRESIDENT, CEO & TREASURER
Former
14$0$348,616
GREGORY KOSELUKSVP MKTG & PUBLIC RELATIONS
Officer
14$0$124,341
MARGARET E CREGANCHIEF ADMINISTRATIVE OFFICER
Officer
8$0$122,107
MATTHEW PARKSCHAIR
Trustee or director, Officer
0.5$0$0
CAROLINE H DICKERSONCHAIR-ELECT
Trustee or director, Officer
0.5$0$0
TARRIE MILLERPAST CHAIR
Trustee or director, Officer
0.5$0$0
DIANA CLIFTDIRECTOR - AT - LARGE
Trustee or director, Officer
0.5$0$0
NICOLAS JAFARIEHDIRECTOR - AT - LARGE
Trustee or director, Officer
0.5$0$0
ISABEL R ARAUJODIRECTOR
Trustee or director
0.5$0$0
LISA KIRKWOODDIRECTOR
Trustee or director
0.5$0$0
CHRISTINE DAVISDIRECTOR
Trustee or director
0.5$0$0
JASON GAUGHANDIRECTOR
Trustee or director
0.5$0$0
JENNIFER GOLEKDIRECTOR
Trustee or director
0.5$0$0
GEORGE KERNDIRECTOR
Trustee or director
0.5$0$0
BILL LAFONDDIRECTOR
Trustee or director
0.5$0$0
5 more people on this return
NameTitleHours / weekCompensation
DON MELLDIRECTOR
Trustee or director
0.5$0
GREG MIRAGLIADIRECTOR
Trustee or director
0.5$0
JOEL SCHILLERDIRECTOR
Trustee or director
0.5$0
KATIE WILKINSONDIRECTOR
Trustee or director
0.5$0
KARYN POLAKPRESIDENT, CEO & TREASURER
Officer
14$0
990 for the year ended May 31, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgs
SARAH A LONGPRESIDENT, CEO & TREASURER
Officer
14$0$335,724
MARGARET E CREGANVP, MEMBERSHIP & ADMINISTR
Officer
8$0$115,745
GREGORY KOSELUKVP MKTG & PUBLIC RELATIONS
Officer
26$0$111,543
TARRIE MILLERCHAIR
Trustee or director, Officer
0.5$0$0
MATTHEW PARKSCHAIR-ELECT
Trustee or director, Officer
0.5$0$0
DIANA CLIFTDIRECTOR - AT - LARGE
Trustee or director, Officer
0.5$0$0
CAROLINE H DICKERSONDIRECTOR - AT - LARGE
Trustee or director, Officer
0.5$0$0
NICOLAS JAFARIEHDIRECTOR - AT - LARGE
Trustee or director, Officer
0.5$0$0
ISABEL R ARAUJODIRECTOR
Trustee or director
0.5$0$0
MIKE DAMERONDIRECTOR
Trustee or director
0.5$0$0
CHRISTINE DAVISDIRECTOR
Trustee or director
0.5$0$0
JASON GAUGHANDIRECTOR
Trustee or director
0.5$0$0
JENNIFER GOLEKDIRECTOR
Trustee or director
0.5$0$0
GEORGE KERNDIRECTOR
Trustee or director
0.5$0$0
BILL LAFONDDIRECTOR
Trustee or director
0.5$0$0
DON MELLDIRECTOR
Trustee or director
0.5$0$0
GREG MIRAGLIADIRECTOR
Trustee or director
0.5$0$0
JOEL SCHILLERDIRECTOR
Trustee or director
0.5$0$0
KATIE WILKINSONDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 494, DOVER, DE 19903-0494
Principal officer (990 for 2024)
KARYN POLAK, PO BOX 494, DOVER, DE 19903
Signed the 990
KARYN POLAK, PRESIDENT, CEO & TREASURER
Phone
(302) 674-0200
Return prepared by
PKS & COMPANY PA

Mission

TO PROVIDE FINANCIAL LITERACY TRAINING DESIGNED FOR AND TARGETED TO PERSONS OF LOW AND MODERATE INCOME IN THE STATE OF DELAWARE THROUGH A VARIETY OF EDUCATIONAL PROGRAMS AND TO PROVIDE QUALITY TRAINING PROGRAMS TO EMPLOYEES OF MEMBER BANKS IN THE FINANCIAL SERVICES INDUSTRY IN DELAWARE.

990 for the year ended May 31, 2025

Program accomplishments

  • TO PROVIDE FINANCIAL LITERACY TRAINING DESIGNED FOR AND TARGETED TO PERSONS OF LOW AND MODERATE INCOME IN THE STATE OF DELAWARE THROUGH A VARIETY OF EDUCATIONAL PROGRAMS AND TO PROVIDE QUALITY TRAINING PROGRAMS TO EMPLOYEES OF MEMBER BANKS IN THE FINANCIAL SERVICES INDUSTRY IN DELAWARE.
    Expenses $507,309 · revenue $590,261

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
22-2549908
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$959,116
Income (IRS master file)
$685,429

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$685,429$596,498$959,116XML
990May 2024$643,424$527,605$856,264XML
990May 2023$674,551$495,104$761,556IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2549908).

Questions about DELAWARE FINANCIAL EDUCATION ALLIAN

What is the EIN of DELAWARE FINANCIAL EDUCATION ALLIAN?
The employer identification number (EIN) of DELAWARE FINANCIAL EDUCATION ALLIAN is 22-2549908.
Is DELAWARE FINANCIAL EDUCATION ALLIAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to DELAWARE FINANCIAL EDUCATION ALLIAN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DELAWARE FINANCIAL EDUCATION ALLIAN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DELAWARE FINANCIAL EDUCATION ALLIAN due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELAWARE FINANCIAL EDUCATION ALLIAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of DELAWARE FINANCIAL EDUCATION ALLIAN?
The 990 for the year ended May 31, 2025 names KARYN POLAK.
Who are the officers and directors of DELAWARE FINANCIAL EDUCATION ALLIAN?
The 990 for the year ended May 31, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does DELAWARE FINANCIAL EDUCATION ALLIAN have?
On its 990 for the year ended May 31, 2025 it reported revenue of $685,429, expenses of $596,498 and total assets of $959,116 at year end.

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