Declarations Inc
- Assets
- $2.9m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 48
- Location
- Freehold, NJ
- Founding
- 02/2004
- Data as of
- 06/2023
- EIN
- 16-1672491
Organization Overview
Declarations Inc is located in Freehold, NJ. The organization was established in 2004. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Declarations Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Declarations 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 06/2023, Declarations Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 1.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND EMOTIONAL SUPPORT TO PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 2003, DECLARATIONS, INC. HAS GROWN INTO A NATIONAL LEADER IN COMMUNITY SUPPORTS FOR CONSUMERS OF BEHAVIORAL HEALTHCARE SERVICES. DECLARATIONS, INC. WAS FOUNDED FOR THE PURPOSE OF PROVIDING WELLNESS AND RECOVERY SERVICES FOR THOSE WITH BEHAVIORAL HEALTHCARE NEEDS IN A SUPPORTIVE HOUSING SETTING. DECLARATIONS, INC. HAS DEVELOPED THE NATIONALLY RECOGNIZED DECLARATIONS' LIFE COACHING MODEL, WHICH IS BUILT UPON THE PHILOSOPHY THAT THE PATH TO SUCCESSFUL REHABILITATION AND WELLNESS STARTS WITH A PERSON'S OWN INTERNAL MOTIVATION AND STRENGTH. THE LIFE COACHING MODEL STRIVES TO PROMOTE THE IDEA THAT BEHAVIORAL HEALTHCARE SERVICES SHOULD EMPHASIZE THE FACILITATION OF SELF-HELP AND EMPOWERMENT, THUS CREATING WELLNESS FROM WITHIN. THE EFFECTIVENESS OF THIS MODEL HAS RESULTED IN HIGH LEVELS OF CONSUMER SATISFACTION RATING WITH MORE THAN 90% OF CONSUMERS MAINTAINING HOUSING. ALSO, MULTIPLE LICENSING REPORTS OVER THE PAST FIVE YEARS HAVE BEEN OVERWHELMINGLY POSITIVE. ON AVERAGE, 50 CONSUMERS PER YEAR ARE PROVIDED WITH HOMES AND SERVICES THROUGH DECLARATIONS, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Marhold Dhadba President/ceo | OfficerTrustee | 40 | $169,814 |
Wendy Marinko Vp/coo | Officer | 40 | $136,886 |
Michael Devito Vice President | OfficerTrustee | 1 | $0 |
Cheryl Marks Young Treasurer | OfficerTrustee | 1 | $0 |
Andrew Cooper Secretary | OfficerTrustee | 1 | $0 |
David S Matlin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,270,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,904 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,292,469 |
| Total Program Service Revenue | $609,927 |
| Investment income | $132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,902,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,555 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $401,630 |
| Compensation of current officers, directors, key employees. | $215,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,484,135 |
| Pension plan accruals and contributions | $28,266 |
| Other employee benefits | $159,104 |
| Payroll taxes | $150,270 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,473 |
| Fees for services: Accounting | $66,751 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,018 |
| Advertising and promotion | $20,304 |
| Office expenses | $195,706 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $292,280 |
| Travel | $35,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,510 |
| Interest | $50,243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,652 |
| Insurance | $47,079 |
| All other expenses | $83,244 |
| Total functional expenses | $3,237,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,159 |
| Savings and temporary cash investments | $61,696 |
| Pledges and grants receivable | $751,478 |
| Accounts receivable, net | $52,040 |
| 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 | $0 |
| Net Land, buildings, and equipment | $778,414 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,189,402 |
| Total assets | $2,854,189 |
| Accounts payable and accrued expenses | $141,058 |
| Grants payable | $0 |
| Deferred revenue | $34,964 |
| 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 | $773,077 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,111,259 |
| Total liabilities | $2,060,358 |
| Net assets without donor restrictions | $793,831 |
| 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 | $2,854,189 |