Cape Atlantic I N K Inc
- Assets
- $7.9m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 123
- Location
- Mays Landing, NJ
- Founding
- 01/2003
- Data as of
- 06/2022
- EIN
- 22-3843135
Organization Overview
Cape Atlantic I N K Inc, operating under the name Cape Atlantic INK, is located in Mays Landing, NJ. The organization was established in 2003. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Cape Atlantic INK employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Atlantic INK 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 06/2022, Cape Atlantic INK generated $12.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $10.6m during the year ending 06/2022. While expenses have increased by 12.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CAPE ATLANTIC INK PROVIDES CARE MANAGEMENT SERVICES TO YOUTH WITH SERIUOS MENTAL HEALTH AND BEHAVIORAL CHALLENGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES CARE MANAGEMENT SERVICES TO YOUTH WITH SERIOUS MENTAL AND BEHAVIORAL HEALTH CHALLENGES. YOUTH ARE REFERRED TO CAPE ATLANTIC INK BY THE STATE OF NEW JERSEY'S DEPARTMENT OF CHILDREN AND FAMILIES (DCF).
PROVIDE CARE MANAGEMENT SERVICES TO YOUTH WITH SERIOUS MENTAL HEALTH AND BEHAVIORAL CHALLENGES. YOUTH ARE REFERRED TO CAPE ATLANTIC I.N.K. BY THE STATE OF NEW JERSEY'S DEPARTMENT OF CHILDREN AND FAMILIES DCF
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Destefano Executive Director | Officer | 40 | $175,056 |
Patricia Orapallo Operations Administrator | Officer | 40 | $133,075 |
Wayne Richter Chief Financial Officer | Officer | 40 | $117,280 |
Cathleen Hutchison Program Manager | Officer | 40 | $116,853 |
Glorist Moore Senior Program Manager | Officer | 40 | $115,373 |
Marya Parral Board Chairperson | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $415,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,535 |
| Total Program Service Revenue | $12,255,937 |
| Investment income | $1,070 |
| 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 | $12,672,612 |
| 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. | $425,411 |
| Compensation of current officers, directors, key employees. | $425,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,672,125 |
| Pension plan accruals and contributions | $259,019 |
| Other employee benefits | $1,182,298 |
| Payroll taxes | $630,169 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,587 |
| Fees for services: Accounting | $12,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $264,860 |
| Information technology | $104,992 |
| Royalties | $0 |
| Occupancy | $378,868 |
| Travel | $102,316 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,578 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,392 |
| Insurance | $97,598 |
| All other expenses | $0 |
| Total functional expenses | $10,593,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $819,719 |
| Savings and temporary cash investments | $2,756,642 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,894,959 |
| 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 | $236,268 |
| Net Land, buildings, and equipment | $170,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,877,915 |
| Accounts payable and accrued expenses | $863,018 |
| 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 | $72,612 |
| Total liabilities | $935,630 |
| Net assets without donor restrictions | $4,539,522 |
| Net assets with donor restrictions | $2,402,763 |
| 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 | $7,877,915 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cape Atlantic I N K Inc has recieved totaling $78,250.
| Awarding Organization | Amount |
|---|---|
The Jewish Federations Of North America Inc New York, NY PURPOSE: HOLOCAUST GRANT | $39,125 |
The Jewish Federations Of North America Inc New York, NY PURPOSE: HOLOCAUST GRANT | $39,125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Behavioral Health Associates Weissport, PA | $7,046,191 | $14,171,526 |
Ocean Partnership For Children Inc Toms River, NJ | $7,106,345 | $12,860,686 |
Cape Atlantic I N K Inc Mays Landing, NJ | $7,877,915 | $12,672,612 |
Counseling In Schools Inc New York, NY | $4,656,026 | $10,128,616 |
Cumberland County Guidance Center Inc Millville, NJ | $10,363,285 | $8,476,167 |
Cayuga Counseling Services Inc Auburn, NY | $2,448,118 | $5,402,894 |
Cognitive-Behavioral Services Inc Philadelphia, PA | $2,622,515 | $4,903,546 |
Fifth Avenue Counseling Center Inc New York, NY | $3,839,794 | $3,249,054 |
Share Self-Help For Women With Breast Or Ovarian Cancer Inc New York, NY | $3,124,648 | $3,241,737 |
Creative Change Counseling Lumberton, NJ | $557,562 | $2,947,871 |
Center For Evaluation And Counseling Inc Parsippany, NJ | $1,378,440 | $2,557,414 |
Mcmahon-Ryan Child Advocacy Site Inc Syracuse, NY | $3,326,382 | $2,618,033 |