Society For Research In Child Development
- Assets
- $19.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 28
- Location
- Washington, DC
- Founding
- 11/1955
- Data as of
- 06/2023
- EIN
- 35-6005842
Organization Overview
Society For Research In Child Development is located in Washington, DC. The organization was established in 1955. According to its NTEE Classification (V23) the organization is classified as: Behavioral Science, under the broad grouping of Social Science and related organizations. As of 06/2023, Society For Research In Child Development employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Research In Child Development 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 06/2023, Society For Research In Child Development generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. While expenses have increased by 7.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY FOR RESEARCH IN CHILD DEVELOPMENT ADVANCES THE DEVELOPMENTAL SCIENCES AND PROMOTES THE USE OF DEVELOPMENTAL RESEARCH TO IMPROVE HUMAN LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE MULTIDISCIPLINARY RESEARCH ON THE FIELD OF CHILD DEVELOPMENT THROUGH PUBLICATION OF 3 JOURNALS, A NEWSLETTER, AND A SOCIAL POLICY REPORT.PROVIDE MEMBERSHIP SERVICES AND FOSTER EDUCATION THROUGH COMMITTEES, CONFERENCES, WORKSHOPS AND A BIENNIAL MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saima K Hedrick Executive Director | Officer | 40 | $207,621 |
Nancy E Hill PHD Past President | Trustee | 4 | $10,000 |
Jeffrey Liew PHD Council Member | Trustee | 2 | $0 |
Christia Spears Brown PHD Council Member | Trustee | 2 | $0 |
Lucia Alcala PHD Council Member | Trustee | 2 | $0 |
Esther Calzada PHD Council Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $742,956 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,095,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,838,434 |
| Total Program Service Revenue | $2,200,776 |
| Investment income | $359,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $157,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,580,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,636,740 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,000 |
| Compensation of current officers, directors, key employees. | $62,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,091,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $163,602 |
| Payroll taxes | $102,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,451 |
| Fees for services: Accounting | $79,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,170 |
| Fees for services: Other | $820,473 |
| Advertising and promotion | $59,898 |
| Office expenses | $37,426 |
| Information technology | $77,316 |
| Royalties | $0 |
| Occupancy | $338,629 |
| Travel | $129,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,383,492 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,421 |
| Insurance | $126,139 |
| All other expenses | $0 |
| Total functional expenses | $6,621,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,253 |
| Savings and temporary cash investments | $16,611 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $678,995 |
| 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 | $353,076 |
| Net Land, buildings, and equipment | $227,785 |
| Investments—publicly traded securities | $17,768,368 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,562 |
| Total assets | $19,367,650 |
| Accounts payable and accrued expenses | $214,438 |
| Grants payable | $0 |
| Deferred revenue | $491,729 |
| 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 | $148,656 |
| Total liabilities | $854,823 |
| Net assets without donor restrictions | $15,454,947 |
| Net assets with donor restrictions | $3,057,880 |
| 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 | $19,367,650 |
Grants Awarded
Over the last fiscal year, Society For Research In Child Development has awarded $98,364 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK UNIVERSITY PURPOSE: WORKSHOP FUNDING | $40,000 |
FORDHAM UNIVERSITY PURPOSE: WORKSHOP FUNDING | $14,750 |
REGENTS OF THE UNIVERSITY OF MICH PURPOSE: PROJECT FUNDING | $18,614 |
COLORADO SEMINARY PURPOSE: RESEARCH GRANT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Research In Child Development Washington, DC | $19,367,650 | $5,580,201 |
Society For Personality And Social Psychology Inc Washington, DC | $6,271,862 | $2,849,710 |
Society For Personality Assessment Foundation Falls Church, VA | $412,733 | $993,423 |
Hollins Communication Research Institute Roanoke, VA | $644,008 | $663,660 |
Liams Chance Behavioral Services Inc Front Royal, VA | $28,133 | $298,149 |
Functional Behavior Interventions For All Inc Midland, VA | $45,363 | $137,082 |
Actively Caring For People Newport, VA | $60,096 | $26,112 |
Coincidence Project Charlottesville, VA | $28,043 | $0 |
Max And Jenny Katz Memorial Fund Inc Towson, MD | $3,567 | $46 |