Family Service Development Inc
- Assets
- $800.9k
- Revenue
- $120.9k
- Investments
- $346.1k
- Employees
- 0
- Location
- Egg Harbor Township, NJ
- Founding
- Data as of
- 06/2018
- EIN
- 22-3326161
Organization Overview
Family Service Development Inc is located in Egg Harbor Township, NJ. Family Service Development 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 06/2018, Family Service Development Inc generated $120.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $73.5k during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE SOLE PURPOSE OF FAMILY SERVICE ASSOCIATION DEVELOPMENT (FSD) IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF FAMILY SERVICE ASSOCIATION, A 501(C)(3) ORGANIZATION, SHARING ITS MISSION OF IMPROVING THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE OF FAMILY SERVICE DEVELOPMENT (FSD) IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF FAMILY SERVICE ASSOCIATION, A 501(C)(3) ORGANIZATION, SHARING ITS MISSION OF IMPROVING THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES IN OUR COMMUNITY. THROUGH THE ENGAGEMENT PROCESS, FSD WILL GROW FAMILY SERVICE ASSOCIATION'S NETWORKING BASE AND FURTHER ITS POTENTIAL FOR FUTURE CULTIVATION OF DONORS. THE ACTIVITIES OF FSD INCLUDE SOLICITING FOUNDATIONS, CORPORATIONS AND INDIVIDUALS FOR THE PURPOSE OF PHILANTHROPIC SUPPORT. UNDER THE UMBRELLA OF FSD, REVENUE WILL BE GENERATED THROUGH FUNDRAISING SPECIAL EVENTS. ACTIVITIES OF THE CORPORATION WILL EITHER BE REINVESTED FOR FUTURE USE BY FAMILY SERVICE ASSOCIATION OR DISTRIBUTED TO FAMILY SERVICE ASSOCIATION TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE. FURTHER, FSD HAS OVERSIGHT AND RESPONSIBILITY FOR PUBLIC RELATIONS, MARKETING, AND VOLUNTEER FUNCTIONS OF THE ORGANIZATION. TO THAT END, FAMILY SERVICE DEVELOPMENT (FSD) WILL EXPAND FAMILY SERVICE ASSOCIATION'S COMMUNITY OUTREACH BY INCREASING ITS VISIBILITY AND BRAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Herdman-Ivins President & CEO | OfficerTrustee | 2 | $0 |
T Bennett-Michael Director Of Dev | Officer | 20 | $0 |
Evelynn Caterson ESQ Trustee | Trustee | 2 | $0 |
Robert Fatzinger Trustee | Trustee | 2 | $0 |
Dr Robert Hill MD Trustee | Trustee | 2 | $0 |
Larry Stroud Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,890 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $77,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,093 |
| Total Program Service Revenue | $0 |
| Investment income | $5,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,532 |
| Net Income from Fundraising Events | $11,720 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,910 |
| 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. | $42,928 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $44 |
| Other employee benefits | $899 |
| Payroll taxes | $4,334 |
| 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 | $9,378 |
| Advertising and promotion | $1,308 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,018 |
| Travel | $195 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $73,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,349 |
| Savings and temporary cash investments | $50,026 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $346,099 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $356,395 |
| Total assets | $800,869 |
| Accounts payable and accrued expenses | $7,674 |
| 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 | $7,674 |
| Unrestricted restricted net Assets | $772,687 |
| Temporarily restricted net Assets | $20,508 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $793,195 |
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