Educare Resource Center Inc
- Assets
- $136.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Washington, MD
- Founding
- 12/2006
- Data as of
- 12/2021
- 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 12/2021, Educare Resource Center Inc generated $86.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $109.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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
2021
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 | $8,098 |
| Total Program Service Revenue | $78,313 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $139 |
| Total Revenue | $86,550 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,537 |
| Professional fees and other payments to independent contractors | $11,935 |
| Occupancy, rent, utilities, and maintenance | $49,701 |
| Printing, publications, postage, and shipping | $1,124 |
| Other expenses | $24,695 |
| Total expenses | $108,992 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,450 |
| Other assets | $0 |
| Total assets | $136,253 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,253 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Educare Resource Center Inc has recieved totaling $5,150.
| Awarding Organization | Amount |
|---|---|
Maryland Humanities Council Inc Baltimore, MD PURPOSE: HUMANITIES PROGRAM | $5,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prince Georges County Memorial Library System Largo, MD | $19,703,287 | $35,335,320 |
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Public Library Association Of Annapolis And A A Co Inc Annapolis, MD | $38,305,116 | $29,732,836 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
Washington County Free Library Hagerstown, MD | $16,301,833 | $8,756,633 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
Washington Research Library Consortium Upper Marlboro, MD | $19,082,145 | $5,815,985 |