Childrens Beach House Inc
- Assets
- $14.0m
- Revenue
- $4.1m
- Investments
- $8.4m
- Employees
- 76
- Location
- Wilmington, DE
- Founding
- 09/1946
- Data as of
- 09/2023
- EIN
- 51-0070966
Organization Overview
Childrens Beach House Inc is located in Wilmington, DE. The organization was established in 1946. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Childrens Beach House Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Beach House 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 09/2023, Childrens Beach House Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $3.3m during the year ending 09/2023. While expenses have increased by 9.5% 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
TO IMPROVE THE LIVES OF CHILDREN, YOUTH, FAMILIES, AND COMMUNITIES BY HELPING THEM TO IDENTIFY, UNDERSTAND, AND UTILIZE THEIR OWN STRENGTHS, TALENTS, AND RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUTH DEVELOPMENT PROGRAM SERVES CHILDREN AGE 7 TO 18 AND SEEKS TO STRENGTHEN THE TIME-TESTED SUPPORTS THAT REDUCE RISKS AND FOSTER RESILIENCE IN CHILDREN AND YOUTH. THE PROGRAM DIRECTS A GREAT DEAL OF TIME AND ENERGY TO CULTIVATE AND SAFEGUARD RELATIONSHIPS WITHIN THE FAMILY.
EDUCERE INSTITUTE SUPPORTS ASSET-BASED COMMUNITY DEVELOPMENT BY OFFERING PROFESSIONAL DEVELOPMENT TO NONPROFITS, COMMUNITY ORGANIZATIONS, SCHOOLS, AND BUSINESSES TO HELP INDIVIDUALS, ESPECIALLY THOSE WITH DIFFERENCES, TO THRIVE IN THEIR COMMUNITIES. EDUCERE INSTITUTE SERVES AS A THOUGHT PARTNER TO HELP ORGANIZATIONS TO EXAMINE AND IMPROVE DECISION-MAKING, EXPERIMENT WITH NEW WAYS OF THINKING AND BEING, AND TO COMMIT TO ACTION STEPS TO PROMOTE ACCESS TO RESOURCES THAT INCREASE FAIRNESS AND EQUITY FOR ALL. THE PROGRAM TERMINATED EFFECTIVE SEPTEMBER 30, 2022.
GREATER GOOD EVENTS IS A SOCIAL ENTERPRISE DESIGNED TO RAISE AWARENESS OF THE CHILDREN'S BEACH HOUSE PROGRAMS AND PROVIDES OPPORTUNITIES FOR CHILDREN'S BEACH HOUSE PARTICIPANTS TO EXPLORE FOOD SERVICE/HOSPITALITY CAREERS AND TO GAIN MARKETABLE JOB SKILLS. ANY "PROFITS" REALIZED FROM THIS INITIATIVE ARE REINVESTED INTO THE MISSION-BASED PROGRAMS OF CHILDREN'S BEACH HOUSE.
THE MARGARET H. ROLLINS CHILD DEVELOPMENT CENTER PROVIDES HIGH QUALITY PRESCHOOL EDUCATION AND WRAP AROUND SERVICES IN A BEST PRACTICES APPROACH TO SUPPORT CHILDREN WITH SPEECH AND LANGUAGE DELAYS AND/OR HEARING DISABILITIES.
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 |
|---|---|---|---|
Alexandra Ergon CFA President | OfficerTrustee | 5 | $0 |
Thomas F Sheridan Vice President | OfficerTrustee | 5 | $0 |
Michael J Hogan Treasurer | OfficerTrustee | 5 | $0 |
Constance M Miller Assistant Treasurer | OfficerTrustee | 5 | $1,140 |
Linda M Fischer Scretary | OfficerTrustee | 5 | $0 |
Raymond F Brook III CPA Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,610 |
| Membership dues | $0 |
| Fundraising events | $197,000 |
| Related organizations | $625,000 |
| Government grants | $856,468 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,126,305 |
| Noncash contributions included in lines 1a–1f | $24,958 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,808,383 |
| Total Program Service Revenue | $964,170 |
| Investment income | $206,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,805 |
| Net Income from Fundraising Events | $109,766 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,110,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,597 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $174,265 |
| Compensation of current officers, directors, key employees. | $5,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,510,211 |
| Pension plan accruals and contributions | $21,919 |
| Other employee benefits | $133,542 |
| Payroll taxes | $123,691 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,256 |
| Fees for services: Accounting | $25,924 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,000 |
| Fees for services: Other | $122,262 |
| Advertising and promotion | $21,190 |
| Office expenses | $246,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $145,984 |
| Travel | $64,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,125 |
| Interest | $13,509 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305,888 |
| Insurance | $57,766 |
| All other expenses | $9,525 |
| Total functional expenses | $3,300,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,457,896 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $147,971 |
| Accounts receivable, net | $52,063 |
| 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 | $22,166 |
| Net Land, buildings, and equipment | $3,849,348 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,422,811 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,952,255 |
| Accounts payable and accrued expenses | $57,528 |
| Grants payable | $0 |
| Deferred revenue | $83,730 |
| 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 | $512,935 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $500 |
| Total liabilities | $654,693 |
| Net assets without donor restrictions | $8,690,145 |
| Net assets with donor restrictions | $4,607,417 |
| 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 | $13,952,255 |