Baby Fold
- Assets
- $27.4m
- Revenue
- $17.5m
- Investments
- $0.0
- Employees
- 324
- Location
- Normal, IL
- Founding
- 10/1955
- Data as of
- 06/2022
- EIN
- 37-0673453
Organization Overview
Baby Fold is located in Normal, IL. The organization was established in 1955. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Baby Fold employed 324 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baby Fold 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, Baby Fold generated $17.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $18.8m during the year ending 06/2022. While expenses have increased by 2.5% 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
THE BABY FOLD EMBODIES CHRISTIAN PRINCIPLES TO HELP FAMILIES AND CHILDREN DEVELOP THE HOPE, COURAGE, AND LOVE THEY NEED TO BECOME WHOLE AND HEALTHY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BABY FOLD OFFERS SPECIALIZED EDUCATION THROUGH HAMMITT ELEMENTARY SCHOOL AND HAMMITT JUNIOR-SENIOR HIGH SCHOOL. THESE SCHOOLS ARE NON-PUBLIC PROGRAMS AND PROVIDE EDUCATION FOR CHILDREN AND ADOLESCENTS WITH BEHAVIORAL, EMOTIONAL, LEARNING AND AUTISM SPECTRUM DISORDERS AGES THREE THROUGH TWENTY-ONE. STUDENTS ARE REFERRED TO HAMMITT SCHOOL BY THEIR LOCAL PUBLIC SCHOOL DISTRICT BASED ON THEIR NEED FOR MORE INTENSIVE SPECIAL EDUCATION SERVICES TO ACHIEVE SUCCESS IN SCHOOL.
OTHER SERVICES
THE BABY FOLD'S FOSTER CARE PROGRAMS PROVIDE SAFE, NURTURING HOME ENVIRONMENTS FOR CHILDREN REFERRED BY THE ILLINOIS DEPARTMENT OF CHILDREN AND FAMILY SERVICES. SERVICES ARE PROVIDED FOR CHILDREN FROM INFANCY THROUGH THE TEEN YEARS WHEN THEY MUST BE REMOVED FROM THEIR OWN HOMES TO PROTECT THEM FROM CONTINUED ABUSE OR NEGLECT. OUR GOAL IS TO HELP EACH CHILD ACHIEVE FULL POTENTIAL AND PERMANENCY BY PROVIDING CASE MANAGEMENT, COUNSELING, AND ADVOCACY SERVICES TO CHILDREN IN FOSTER CARE, THEIR BIRTH PARENTS, AND THE FOSTER FAMILIES CARING FOR THE CHILDREN. THE AGENCY PROVIDES SERVICES IN THE AREAS OF HOME OF RELATIVE, TRADITIONAL, SPECIALIZED AND PROFESSIONAL FOSTER CARE.
THE BABY FOLD'S "KEEPING THE PROMISE" ADOPTION PRESERVATION PROGRAM PROVIDES SUPPORTIVE SERVICES FOR ANY ADOPTIVE CHILD LIVING WITHIN OUR SERVICE AREA TO HELP THEM STABILIZE IN THEIR HOME. SERVICES ARE PROVIDED TO FAMILIES FORMED THROUGH DCFS ADOPTION, SUBSIDIZED GUARDIANSHIP; PRIVATE DOMESTIC OR FOREIGN ADOPTION OR OUT OF STATE ADOPTION. YOU DO NOT NEED TO HAVE GONE THROUGH THE BABY FOLD FOR YOUR ADOPTION - THESE SERVICES ARE AVAILABLE TO ANY ADOPTIVE FAMILY LIVING WITHIN THE 22 COUNTY SERVICE AREA.
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 |
|---|---|---|---|
Barb Cotton Director | Trustee | 1 | $0 |
Sandi Scheidenhelm Secretary | OfficerTrustee | 1 | $0 |
Rob Parent Vice Chair | OfficerTrustee | 1 | $0 |
Renesia Martin Director | Trustee | 1 | $0 |
Ray Owens Director | Trustee | 1 | $0 |
Phillip Mitchell Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,642,524 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,121,102 |
| Noncash contributions included in lines 1a–1f | $29,147 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,763,626 |
| Total Program Service Revenue | $11,716,093 |
| Investment income | $144,993 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $216,969 |
| Net Gain/Loss on Asset Sales | $340,903 |
| Net Income from Fundraising Events | $236,147 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,486,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,385 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $314,228 |
| Compensation of current officers, directors, key employees. | $314,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,216,253 |
| Pension plan accruals and contributions | $447,434 |
| Other employee benefits | $1,211,390 |
| Payroll taxes | $879,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,791 |
| Fees for services: Accounting | $66,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $160,037 |
| Fees for services: Other | $211,482 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $436,174 |
| Royalties | $0 |
| Occupancy | $1,168,556 |
| Travel | $209,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,033 |
| Interest | $29,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $732,547 |
| Insurance | $39,721 |
| All other expenses | $147,712 |
| Total functional expenses | $18,772,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,341,583 |
| Savings and temporary cash investments | $702,556 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,431,147 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,879 |
| Prepaid expenses and deferred charges | $272,041 |
| Net Land, buildings, and equipment | $8,857,486 |
| Investments—publicly traded securities | $10,251,960 |
| Investments—other securities | $0 |
| Investments—program-related | $426,715 |
| Intangible assets | $0 |
| Other assets | $4,041,749 |
| Total assets | $27,364,116 |
| Accounts payable and accrued expenses | $2,231,688 |
| Grants payable | $0 |
| Deferred revenue | $97,861 |
| 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 | $2,400,502 |
| Total liabilities | $4,730,051 |
| Net assets without donor restrictions | $14,017,475 |
| Net assets with donor restrictions | $8,616,590 |
| 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 | $27,364,116 |