Childrens Choice Inc
- Assets
- $1.2m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 58
- Location
- Chester, PA
- Founding
- 01/1989
- Data as of
- 06/2022
- EIN
- 23-2212833
Organization Overview
Childrens Choice Inc is located in Chester, PA. The organization was established in 1989. 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 06/2022, Childrens Choice Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Choice 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 06/2022, Childrens Choice Inc generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $5.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.3%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY FOSTER CARE
ADOPTION SERVICES
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 |
|---|---|---|---|
William J Eberwein II President/c.e.o. | OfficerTrustee | 2 | $0 |
Terence P Egan C.f.o. | OfficerTrustee | 2 | $0 |
Norman Robinson Board Vice President | OfficerTrustee | 0.05 | $0 |
Sheila Thompson PHD Board Secretary | OfficerTrustee | 0.05 | $0 |
Rev Lawrence Crawford Member | Trustee | 0.05 | $0 |
Carolyn Dunn Member; Resource Parent Re | Trustee | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,488,423 |
| All other contributions, gifts, grants, and similar amounts not included above | $633,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,121,540 |
| Total Program Service Revenue | $5,550 |
| Investment income | $0 |
| 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 | $5,127,867 |
| 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. | $111,921 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,833,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $213,531 |
| Payroll taxes | $158,634 |
| 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 | $74,677 |
| Advertising and promotion | $16,293 |
| Office expenses | $107,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $288,438 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,066 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,429 |
| Insurance | $214,065 |
| All other expenses | $314 |
| Total functional expenses | $5,287,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,087 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $573,773 |
| 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 | $13,792 |
| Net Land, buildings, and equipment | $55,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $574,687 |
| Total assets | $1,227,909 |
| Accounts payable and accrued expenses | $254,003 |
| 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 | $37,587 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $291,590 |
| Net assets without donor restrictions | $936,319 |
| 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 | $1,227,909 |