Edison Court Inc is located in Reading, PA. The organization was established in 2006. According to its NTEE Classification (I44) the organization is classified as: Prison Alternatives, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edison Court 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 06/2021, Edison Court Inc generated $7.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $6.6m during the year ending 06/2021. While expenses have increased by 3.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A NONPROFIT COMMUNITY-BASED TREATMENT CENTER PROVIDING PROFESSIONAL TRAINING, ACADEMIC EDUCATION, INPATIENT AND OUTPATIENT REHABILITATIVE TREATMENT AND SUPPORTIVE PSYCHOLOGICAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL TREATMENT PROGRAM
ALTERNATIVE EDUCATION PROGRAM
OUTPATIENT CASE MANAGEMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John H Deppeler IV Med President Until 3/2021 | 0 | $145,440 | |
Sarah Wodder Executive Director | 45 | $134,474 | |
Vincent Lasorsa President | OfficerTrustee | 1 | $52,657 |
Kristin Deforest Lpc Vice President, Executive Until 8/2020 | 0 | $28,837 | |
Jeffrey Giovino Board Member Until 8/2020 | 1 | $3,925 | |
Jennifer Gassen Secretary N/v | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,211,894 |
All other contributions, gifts, grants, and similar amounts not included above | $67,329 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,279,223 |
Total Program Service Revenue | $6,456,194 |
Investment income | $45 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$324,675 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,431,095 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,154,298 |
Advertising and promotion | $60,993 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $197,481 |
Travel | $80,900 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $12,238 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $177,927 |
Insurance | $69,523 |
All other expenses | $0 |
Total functional expenses | $6,608,130 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,478 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,185,512 |
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 | $10,000 |
Net Land, buildings, and equipment | $7,201,707 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,405,697 |
Accounts payable and accrued expenses | $4,545 |
Grants payable | $0 |
Deferred revenue | $66,687 |
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 | $936,526 |
Total liabilities | $1,007,758 |
Net assets without donor restrictions | $7,397,939 |
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 | $8,405,697 |
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