Educare Resource Center Inc
- Assets
- $194.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Washington, MD
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 05-0624190
Organization Overview
Educare Resource Center Inc is located in Fort Washington, MD. The organization was established in 2006. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educare Resource Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Educare Resource Center Inc generated $140.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $136.2k during the year ending 12/2022. While expenses have increased by 0.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCARE HAS PROVIDED HOUSING SERVICES FOR INDIVIDUALS AND FAMILIES IN NEED OF HOUSING. VETERANS FROM PARTNER ORGANIZATIONS WHO NEED TEMPORARY HOUSING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Hines President, CEO | 40 | $1,000 | |
Cecil Hines Chief Financial Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,444 |
| Total Program Service Revenue | $118,801 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $820 |
| Total Revenue | $140,065 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,826 |
| Professional fees and other payments to independent contractors | $4,587 |
| Occupancy, rent, utilities, and maintenance | $58,860 |
| Printing, publications, postage, and shipping | $1,146 |
| Other expenses | $32,829 |
| Total expenses | $136,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,180 |
| Other assets | $0 |
| Total assets | $194,920 |
| Total liabilities | $0 |
| Net assets or fund balances | $194,920 |