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Nonprofit · EIN 82-3618329

DAE INC

Tax-exempt · NEW HAVEN, CT 06510

Financials

$656K$763K2023$2M$1.7M2023$1.9M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of DAE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,894,822$1,890,393$4,429$1,693,134$1,666,010$27,124
June 30, 2024990$1,977,421$1,654,460$322,961$1,746,034$1,854,104-$108,070
June 30, 2023990$656,315$762,526-$106,211$1,567,717$2,666,832-$1,099,115
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,568,563
of which government grants
$513,563
Program service revenue
$324,087
Investment income
$2,172
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$219,368
Other salaries and wages
$883,701
Salaries, compensation and benefits (total)
$1,284,339
Professional fundraising fees
$0
Occupancy
$124,154
Travel
$6,742
Depreciation
$42,423
Program services (functional)
$1,520,423
Management and general (functional)
$369,970

Balance sheet and other

Total assets, start of year
$1,746,034
Total assets, end of year
$1,693,134
Total liabilities, end of year
$1,666,010
Net assets, end of year
$27,124
Land, buildings and equipment
$32,402
Net assets without donor restrictions
$27,124
Gross unrelated business income
$2,172
Gross receipts
$1,894,822
Employees
0
Volunteers
0
Year formed
2018
State of legal domicile
CT

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALPESH BHATTCEO
Trustee or director, Officer
40$187,500
STUART SIDLEINTERIM CHAIRMAN
Trustee or director, Officer
0.25$0
IAN AKEHURSTINTERIM SECRETARY
Trustee or director, Officer
0.25$0
CLAIRE O'HAREDIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensationOther / benefits
ALPESH BHATTCEO
Trustee or director, Officer
40$150,750$16,742
STUART SIDLEINTERIM CHAIRMAN
Trustee or director, Officer
0.25$0$0
IAN AKEHURSTINTERIM SECRETARY
Trustee or director, Officer
0.25$0$0
CLAIRE O'HAREDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
STUART SIDLEINTERIM CHAIRMAN
Trustee or director, Officer
0.25$0
IAN AKEHURSTINTERIM SECRETARY
Trustee or director, Officer
0.25$0
ALPESH BHATTCEO
Trustee or director, Officer
40$0
CLAIRE O'HAREDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
770 CHAPEL ST 4A, NEW HAVEN, CT 06510-3101
In care of
% ALPESH BHATT
Principal officer (990 for 2024)
AM BHATT, 770 CHAPEL STREET, NEW HAVEN, CT 06510
Signed the 990
AM BHATT, CEO/FOUNDER
Phone
(203) 401-8768
Return prepared by
BEERS HAMERMAN COHEN & BURGER PC

Mission

DAE CREATES SPACES WHERE PEOPLEESPECIALLY THOSE NAVIGATING ECONOMIC AND EDUCATIONAL FOGCAN BECOME THEMSELVES THROUGH RELATIONSHIP, AND BUILD REAL CAPABILITY FOR WORK AND CIVIC LIFE. WE CULTIVATE COMMUNITIES ANCHORED BY ELDER GUIDES, PEER CIRCLES, SHARED CRAFT, AND BELONGING. IN THESE SPACES, LEARNERS GAIN MARKETABLE EXPERTISE IN HIGH-DEMAND DIGITAL TECH FIELDS, BUILD PORTFOLIOS OF ACTUAL WORK, AND DEVELOP THE ADAPTIVE JUDGMENT NEEDED TO NAVIGATE CAREERS THAT DON'T YET EXISTALL WHILE HELD IN LONG-TERM ACCOMPANIMENT AND COLLABORATIVE INQUIRY. WE DON'T MEASURE SUCCESS BY CREDENTIALS ALONE. WE MEASURE IT BY WHETHER PEOPLE CAN ACT WITH CONFIDENCE IN UNCERTAINTY, CONTRIBUTE MEANINGFULLY TO THEIR COMMUNITIES, SUPPORT THEMSELVES AND THOSE THEY LOVE, AND KEEP LEARNING WHEN THE MAP RUNS OUT.WE DON'T BUILD 'PIPELINES'. WE BUILD PLACES WHERE PEOPLE CAN PAUSE, PRACTICE, BE WITNESSED, AND FIND THEIR WAYTOGETHER.

990 for the year ended June 30, 2025

Program accomplishments

  • WE CONTINUED OUR RELATIONSHIP WITH THE SYNCHRONY FOUNDATION IN STAMFORD AND IN SEPTEMBER 2025 LAUNCHED A YEAR-LONG PROGRAM WITH THE SYNCHRONY FOUNDATION FOR THE 2025 2026 SCHOOL YEAR, SERVING 75 STUDENTS FROM STAMFORD PUBLIC SCHOOLS AND NORWALK PUBLIC SCHOOLS. OUR CONTRACT ALSO INCLUDED A SUMMER PROGRAM FOR 25 STUDENTS, SLATED FOR JULY AUGUST 2025. WE CONTINUED OUR RELATIONSHIP WITH STAMFORD PARTNERSHIP TO PROVIDE 1-WEEK, 3-WEEK, AND 6-MONTH CAREER READINESS TRAINING FOR ADULT STUDENTS. IN CALENDAR YEAR 2025, WE SERVED 64 ONE-DAY STUDENTS, 42 THREE-WEEK STUDENTS, AND 12 SIX-MONTH STUDENTS. IN CALENDAR YEAR 2026 WE WILL BE ABLE TO SERVE 60 ONE-WEEK STUDENTS AND 12 SIX-MONTH STUDENTS. WE CONTINUED OUR PARTNERSHIP WITH WORKFORCE ALLIANCE TO PROVIDE 200 STUDENTS WITH A ONE-DAY DIGITAL IMMERSION EXPERIENCE AND A FURTHER 60 STUDENTS WITH A 3-WEEK CAREER EXPLORATION PROGRAM. THIS PROGRAM WILL RUN FROM JULY 2023 THROUGH JUNE 2026.
    Expenses $1,520,423 · revenue $324,087

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
82-3618329
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,693,134
Income (IRS master file)
$1,894,822

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,894,822$1,890,393$1,693,134IRS
990June 2024$1,977,421$1,654,460$1,746,034IRS
990June 2023–––IRS
990December 2022$1,252,512$2,284,701$1,139,070IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 82-3618329).

Questions about DAE INC

What is the EIN of DAE INC?
The employer identification number (EIN) of DAE INC is 82-3618329.
Is DAE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to DAE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAE INC 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 DAE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DAE INC?
The 990 for the year ended June 30, 2025 names AM BHATT.
Who are the officers and directors of DAE INC?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $187,500 (ALPESH BHATT, CEO).
How much revenue does DAE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,894,822, expenses of $1,890,393 and total assets of $1,693,134 at year end.

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