Several Sources Shelters Inc
- Assets
- $9.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 23
- Location
- Ramsey, NJ
- Founding
- 06/1983
- Data as of
- 12/2022
- EIN
- 22-2368937
Organization Overview
Several Sources Shelters Inc is located in Ramsey, NJ. The organization was established in 1983. According to its NTEE Classification (P45) the organization is classified as: Family Services for Adolescent Parents, under the broad grouping of Human Services and related organizations. As of 12/2022, Several Sources Shelters Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Several Sources Shelters 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 12/2022, Several Sources Shelters Inc generated $2.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OPERATES A NUMBER OF SOCIAL PROGRAMS IN THE SPIRIT OF COMPASSION AND SPIRITUAL SUPPORT INCLUDING THREE SHELTERS FOR PREGNANT WOMEN AND THEIR CHILDREN & A 24 HOUR NATIONAL PREGNANCY HOTLINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A NUMBER OF SOCIAL PROGRAMS IN THE SPIRIT OF COMPASSION AND SPIRITUAL SUPPORT INCLUDING THREE SHELTERS FOR PREGNANT WOMEN AND THEIR CHILDREN & A 24 HOUR NATIONAL PREGNANCY HOTLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Difiore President | Officer | 40 | $111,500 |
Donna Jacoby Director | Trustee | 1 | $0 |
Ellen Browne Board Chair | Trustee | 1 | $0 |
FR Paul Cannariato Director | Trustee | 1 | $0 |
Dave Cordero Pgk Director | Trustee | 1 | $0 |
Don Dees Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gayl Mckinley Computer Consulting | 12/30/14 | $112,914 |
The Ballantine Corporation Printing And Mailing | 12/30/14 | $104,283 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,242 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,888,157 |
| Noncash contributions included in lines 1a–1f | $84,227 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,052,399 |
| Total Program Service Revenue | $0 |
| Investment income | $74,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $325,996 |
| Net Income from Fundraising Events | $122,780 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,575,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,989 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $362,671 |
| Compensation of current officers, directors, key employees. | $57,741 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $510,471 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,192 |
| Payroll taxes | $79,658 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,733 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,849 |
| Advertising and promotion | $0 |
| Office expenses | $84,380 |
| Information technology | $20,139 |
| Royalties | $0 |
| Occupancy | $54,957 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,937 |
| Insurance | $72,732 |
| All other expenses | $101,310 |
| Total functional expenses | $2,079,131 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $427,331 |
| Savings and temporary cash investments | $410,961 |
| Pledges and grants receivable | $119,102 |
| 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 | $21,234 |
| Net Land, buildings, and equipment | $468,126 |
| Investments—publicly traded securities | $3,790,663 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,006,421 |
| Other assets | $169,884 |
| Total assets | $9,413,722 |
| Accounts payable and accrued expenses | $46,621 |
| 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 | $134,363 |
| Total liabilities | $180,984 |
| Net assets without donor restrictions | $9,190,052 |
| Net assets with donor restrictions | $42,686 |
| 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 | $9,413,722 |