Hunterdon Youth Services Inc
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $248.0k
- Employees
- 19
- Location
- Flemington, NJ
- Founding
- 07/1982
- Data as of
- 12/2021
- EIN
- 22-2245110
Organization Overview
Hunterdon Youth Services Inc, operating under the name Binnacle House, is located in Flemington, NJ. The organization was established in 1982. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Binnacle House employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Binnacle House 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, Binnacle House generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $876.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
PROVIDE SHELTER & OTHER SERVICES FOR TEEN-AGE BOYS REMOVED FROM THEIR HOMES BY STATE AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE RESIDENTIAL CARE, COUNSELING, LIFE SKILLS TRAINING, VOCATIONAL REHABILITATION, ACADEMIC SUPPORT AND FAMILY ENGAGEMENT FOR BOYS AGE THIRTEEN THROUGH YOUNG ADULTHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Brooks Chief Executive Officer | Officer | 40 | $113,775 |
Mary Alley President | OfficerTrustee | 2 | $0 |
Jerri May-Grimes Vice President | OfficerTrustee | 2 | $0 |
Bob Reichman Secretary | OfficerTrustee | 2 | $0 |
Carolyn Evans Treasurer | OfficerTrustee | 2 | $0 |
Levent Bayrasli Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $137,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,282 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,882 |
| Total Program Service Revenue | $740,405 |
| Investment income | $9,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,798 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,139,899 |
| 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. | $113,775 |
| Compensation of current officers, directors, key employees. | $28,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $416,834 |
| Pension plan accruals and contributions | $4,135 |
| Other employee benefits | $32,005 |
| Payroll taxes | $53,725 |
| 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 | $0 |
| Advertising and promotion | $7,351 |
| Office expenses | $18,956 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,898 |
| Insurance | $24,300 |
| All other expenses | $36,192 |
| Total functional expenses | $876,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,349 |
| Savings and temporary cash investments | $27,558 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $136,291 |
| 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 | $32,434 |
| Net Land, buildings, and equipment | $933,972 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $247,990 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,440,594 |
| Accounts payable and accrued expenses | $22,813 |
| 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 | $571,623 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $172,966 |
| Total liabilities | $767,402 |
| Net assets without donor restrictions | $673,192 |
| 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 | $1,440,594 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hunterdon Youth Services Inc has recieved totaling $12,267.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $11,534 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $733 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincents Services Inc Brooklyn, NY | $56,327,989 | $54,283,078 |
Mercyfirst Syosset, NY | $24,629,062 | $46,422,164 |
Forestdale Inc Forest Hills, NY | $34,766,990 | $33,843,723 |
New Alternatives For Children Inc New York, NY | $14,403,157 | $29,422,220 |
Bair Foundation New Wilmington, PA | $2,726,710 | $26,265,407 |
Bair Foundation Of Pennsylvania New Wilmington, PA | $4,400,305 | $17,358,075 |
Bair Foundation Of Texas New Wilmington, PA | $1,144,889 | $8,905,447 |
Tabor Childrens Services Inc Philadelphia, PA | $5,265,944 | $8,132,394 |
Mountain Lake Childrens Residence Inc Lake Placid, NY | $5,650,108 | $7,132,040 |
Childrens Choice Of Maryland Inc Bellmawr, NJ | $2,034,719 | $6,054,965 |
Childrens Choice Inc Chester, PA | $1,421,593 | $5,676,837 |
Family Care For Children&youth Inc Milton, PA | $3,265,351 | $3,892,797 |