Tomorrows Childrens Fund Inc
- Assets
- $3.3m
- Revenue
- $734.0k
- Investments
- $1.2m
- Employees
- 4
- Location
- Hackensack, NJ
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 13-3155199
Organization Overview
Tomorrows Childrens Fund Inc is located in Hackensack, NJ. The organization was established in 1983. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Tomorrows Childrens Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tomorrows Childrens Fund 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, Tomorrows Childrens Fund Inc generated $734.0k 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 (3.3%) each year. All expenses for the organization totaled $666.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION'S PURPOSE IS TO PROVIDE COMFORT TO CHILDREN PATIENTS, COUNSELING AND FINANCIAL ASSISTANCE TO THEIR FAMILIES, SUPPORT HUMC'S MEDICAL CARE FACILITY TREATING CHILDREN, AND FUND MEDICAL RESEARCH IN EMPHASIZING CHILDRENS' CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES CHILDREN AFFLICTED WITH CANCER AND SERIOUS BLOOD DISORDERS ATTENDING HACKENSACK UNIVERSITY MEDICAL CENTER WITH THE ABILITY TO RECEIVE THE BEST RESOURCES AVAILABLE BY AFFORDING THE PATIENTS WITH ADVANCE MEDICAL CARE, PAYMENT FOR GENERAL COMFORT, TRANSPORTATION, TUITION ASSISTANCE, FINANCIAL AID TO PATIENT FAMILIES AND OTHER TYPES OF SUPPORT WHICH INCLUDE EMOTIONAL AND SOCIAL.
THE ORGANIZATION PROVIDES "CURE & BEYOND" SERVICES FOR CURED CHILD CANCER PATIENTS, WHICH INCLUDES REGULAR FOLLOW-UP ASSESSMENTS OF DISEASE STATUS AND LIFETIME MONITORING OF PATIENTS' MEDICAL AND MENTAL/SOCIAL HEALTH. THE ORGANIZATION WILL PROVIDE FINANCIAL ASSISTANCE (PAYMENT OF RENT/MORTGAGE & UTILITIES, OTHER) FOR FAMILIES OF THESE CURED PATIENTS, RECOGNIZING THE DIFFICULTY OF ATTEMPTING TO LIVE WITH THE LIFELONG EFFECTS OF SURVIVING CANCER AND REENTERING SOCIETY, INCLUDING THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL IMPACT ON THE PATIENTS AND THEIR FAMILIES AND PROVIDING SUPPORT SERVICES DURING THIS TRANSITION PERIOD FOR EACH OF THESE AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nan Norbitz Kelly Executive Director | Trustee | 40 | $77,681 |
Kendal Garvin President | OfficerTrustee | 3 | $0 |
Christopher Garvin Treasurer | OfficerTrustee | 3 | $0 |
Mallory Garvin Secretary | OfficerTrustee | 3 | $0 |
Adam Tett Vice President | OfficerTrustee | 3 | $0 |
Raakhee Mirchandani Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $170,328 |
| Related organizations | $0 |
| Government grants | $40,878 |
| All other contributions, gifts, grants, and similar amounts not included above | $437,766 |
| Noncash contributions included in lines 1a–1f | $48,908 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $648,972 |
| Total Program Service Revenue | $0 |
| Investment income | $132,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$919 |
| Net Income from Fundraising Events | -$46,345 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $733,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $214,068 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,008 |
| Compensation of current officers, directors, key employees. | $19,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,704 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,408 |
| Office expenses | $15,599 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,618 |
| Travel | $123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,363 |
| All other expenses | $0 |
| Total functional expenses | $666,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,880 |
| Savings and temporary cash investments | $63,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,487 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,810,450 |
| Investments—other securities | $1,213,276 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,881 |
| Total assets | $3,250,867 |
| Accounts payable and accrued expenses | $56,713 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $56,713 |
| Net assets without donor restrictions | $3,194,154 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,250,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tomorrows Childrens Fund Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Quentin J Kennedy Foundation Tenafly, NJ PURPOSE: CHARITABLE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Marys Hospital For Children Inc Bayside, NY | $163,358,524 | $102,313,252 |
Blythedale Childrens Hospital Valhalla, NY | $271,989,720 | $102,411,458 |
Good Shepherd Rehabilitation Hosp Allentown, PA | $57,653,412 | $80,489,930 |
Fox Chase Cancer Center Medical Group Inc Philadelphia, PA | $37,947,929 | $82,329,773 |
Magee Rehabilitation Hospital Philadelphia, PA | $274,504,681 | $82,150,847 |
Sunnyview Hospital And Rehabilitation Center Schenectady, NY | $57,470,156 | $63,251,505 |
Magee-Womens Research Institute And Foundation Pittsburgh, PA | $105,422,061 | $58,233,606 |
Bacharach Institute For Rehabilitation Inc Pomona, NJ | $75,857,509 | $36,251,929 |
Pennsylvania Psychiatric Institute Harrisburg, PA | $10,777,137 | $42,493,217 |
Allied Services Institute Of Rehabilitation Medicine Clarks Summit, PA | $48,032,668 | $30,513,476 |
St Camillus Residential Health Care Facility Syracuse, NY | $18,350,656 | $37,347,324 |
The Childrens Home Of Pittsburgh Pittsburgh, PA | $38,530,257 | $14,396,027 |