Tracys Kids Inc
- Assets
- $928.8k
- Revenue
- $315.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 07/2009
- Data as of
- 12/2023
- EIN
- 26-3835257
Organization Overview
Tracys Kids Inc is located in Bethesda, MD. The organization was established in 2009. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tracys Kids 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 12/2023, Tracys Kids Inc generated $315.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $703.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tracys Kids Inc has awarded 64 individual grants totaling $5,280,663. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRACY'S KIDS USES ART THERAPY TO HELP YOUNG CANCER PATIENTS AND THEIR FAMILIES COPE WITH THE EMOTIONAL STRESS IMPOSED BY THE DISEASE AND ITS TREATMENT. OUR WORK RANGES FROM INDIVIDUAL ART THERAPY SESSIONS WITH INPATIENTS WHO MAY BE CONFINED TO THEIR ROOMS, TO OPEN STUDIO SESSIONS WITH OUTPATIENTS WHO CHOOSE WHAT PROJECTS TO WORK ON AND SHARE THEIR EXPERIENCES WHILE THEY RECEIVE CHEMOTHERAPY OR OTHER TREATMENT. TRACY'S KIDS PROGRAMS ARE PROVIDED FREE OF CHARGE TO THOSE WE SERVE. OUR GIFTED, COMPASSIONATE, MASTERS-TRAINED ART THERAPISTS HELP KIDS AND FAMILIES DEVELOP STRATEGIES FOR COPING WITH SCARY PROCEDURES, EXPRESS THE FEARS THAT MIGHT LEAD TO NIGHTMARES AND SOCIAL ISOLATION, AND COMMUNICATE WITH MEDICAL PERSONNEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ART THERAPY PROGRAMS THAT WE FUNDED IN SIX DIFFERENT CLINICAL SETTINGS WORKED WITH 5,000 PEOPLE IN 2023 - THE YEAR THAT THE CHARITY CELEBRATED ITS 25TH ANNIVERSARY. THAT MILESTONE CAUSED US TO REACH OUT TO FORMER PATIENTS AND FAMILIES PREVIOUSLY SERVED BY THE CHARITY, AND INCLUDED A REUNION WHERE ART THERAPISTS, MEDICAL TEAMS AND THE YOUNG ADULTS THAT WE HELPED NAVIGATE THEIR CANCER TREATMENT WERE ABLE TO RECONNECT, SHARE MEMORIES AND CONTINUE ON THE PATH TO EMOTIONAL HEALING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Gerson President, Board Member | Officer | 5 | $60,000 |
Tracy Councill Program Director, Board Member | Officer | 5 | $15,400 |
Bridget Gray Board Member | Trustee | 2 | $14,000 |
Manish Agrawal Board Member | Trustee | 0.5 | $0 |
Mary Louise Cohen Board Member | Trustee | 0.5 | $0 |
Wendy Donoho Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $290,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,572 |
| Total Program Service Revenue | $0 |
| Investment income | $25,110 |
| 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 | $315,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $536,362 |
| 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. | $89,400 |
| Compensation of current officers, directors, key employees. | $30,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $44,080 |
| Fees for services: Legal | $3,600 |
| Fees for services: Accounting | $9,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,345 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $149 |
| Information technology | $544 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $703,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,138 |
| Savings and temporary cash investments | $112,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,833 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $756,511 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,424 |
| Total assets | $928,817 |
| Accounts payable and accrued expenses | $106,887 |
| 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 | $106,887 |
| Net assets without donor restrictions | $821,930 |
| 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 | $928,817 |
Grants Awarded
Over the last fiscal year, Tracys Kids Inc has awarded $536,362 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
METHODIST CHILDREN'S HOSPITAL PURPOSE: to support the Tracy's Kids art therapy program | $40,851 |
NEW YORK PRESBYTERIAN HOSPITAL PURPOSE: to support the Tracy's Kids art therapy program | $65,553 |
MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL PURPOSE: to support the Tracy's Kids art therapy program | $90,351 |
CHILDREN'S NATIONAL MEDICAL CENTER PURPOSE: to support the Tracy's Kids art therapy program | $170,929 |
SINAI HOSPITAL OF BALTIMORE PURPOSE: to support the Tracy's Kids art therapy program | $50,515 |
HENRY M JACKSON FOUNDATION PURPOSE: to support the Tracy's Kids art therapy program | $43,163 |