Childrens Beach House Inc
- Assets
- $14.0m
- Revenue
- $2.4m
- Investments
- $9.7m
- Employees
- 47
- Location
- Wilmington, DE
- Founding
- 09/1946
- Data as of
- 09/2021
- 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 09/2021, Childrens Beach House Inc employed 47 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 09/2021, Childrens Beach House Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.2m during the year ending 09/2021. While expenses have increased by 5.5% per year over the past 6 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
2021
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.
GREATER GOOD EVENTS IS A SOCIAL ENTERPRISE DESIGNED TO RAISE AWARENESS OF THE CHILDREN'S BEACH HOUSE PROGRAMS AND WILL EVENTUALLY PROVIDE 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 WILL BE 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.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard T Garrett Exec Director | Officer | 50 | $104,168 |
Alexandra Ergon CFA President | OfficerTrustee | 5 | $0 |
Thomas F Sheridan Vice President | OfficerTrustee | 5 | $0 |
Linda M Fischer Secretary | OfficerTrustee | 5 | $0 |
Michael J Hogan Treasurer | OfficerTrustee | 5 | $0 |
Constance M Miller Assistant Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $113,919 |
| Related organizations | $625,000 |
| Government grants | $340,940 |
| All other contributions, gifts, grants, and similar amounts not included above | $358,656 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,438,515 |
| Total Program Service Revenue | $596,287 |
| Investment income | $189,725 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $154,135 |
| Net Income from Fundraising Events | $61,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,446,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,302 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,357 |
| Compensation of current officers, directors, key employees. | $13,349 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $866,704 |
| Pension plan accruals and contributions | $13,095 |
| Other employee benefits | $94,684 |
| Payroll taxes | $69,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,348 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,743 |
| Fees for services: Other | $68,976 |
| Advertising and promotion | $0 |
| Office expenses | $152,894 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,055 |
| Travel | $4,825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,749 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $203,882 |
| Insurance | $56,258 |
| All other expenses | $6,540 |
| Total functional expenses | $2,199,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,368 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $64,040 |
| Accounts receivable, net | $4,537 |
| 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 | $27,321 |
| Net Land, buildings, and equipment | $3,861,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,698,583 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,014,176 |
| Accounts payable and accrued expenses | $54,522 |
| Grants payable | $0 |
| Deferred revenue | $85,264 |
| 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 | $467,594 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $500 |
| Total liabilities | $607,880 |
| Net assets without donor restrictions | $9,201,150 |
| Net assets with donor restrictions | $4,205,146 |
| 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 | $14,014,176 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Childrens Beach House Inc has recieved totaling $77,400.
| Awarding Organization | Amount |
|---|---|
Delaware Atlantis Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $35,000 |
Crestlea Foundation Inc Wilmington, DE PURPOSE: GIRLS' DORM WALL REPAIR | $15,000 |
Laffey-Mchugh Foundation Wilmington, DE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Rite Aid Healthy Futures Camp Hill, PA PURPOSE: SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,500 |
Wsfs Foundation Wilmington, DE PURPOSE: EDUCATION & LEADERSHIP DEVELOPMENT | $2,500 |
Endowment Analysis
| Beg. Balance | $8,363,881 |
| Earnings | $1,383,434 |
| Net Contributions | $101,268 |
| Other Expense | $114,698 |
| Grants | $35,302 |
| Ending Balance | $9,698,583 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rosedale And Rosehill Cemetery Association Linden, NJ | $201,463,807 | $21,638,955 |
The Pittsburgh Parks Conservancy Pittsburgh, PA | $20,284,178 | $5,028,888 |
John Bartram Association Philadelphia, PA | $5,352,246 | $2,805,370 |
New York-New Jersey Trail Conference Inc Mahwah, NJ | $13,527,646 | $5,458,789 |
Parks & People Foundation Inc Baltimore, MD | $15,484,458 | $3,287,882 |
Park Home Inc Montoursville, PA | $22,271,789 | $2,501,068 |
The Brandywine Creek State Park Trust Delaware Community Foundation Inc Ttee Wilmington, DE | $0 | $168 |
Childrens Beach House Inc Wilmington, DE | $14,014,176 | $2,446,544 |
Buhl Park Corporation Hermitage, PA | $630,019 | $2,157,285 |
Boardwalk S I D Management Corp Wildwood, NJ | $882,350 | $2,422,528 |
Smith Memorial Playgrounds Philadelphia, PA | $1,191,513 | $1,180,108 |
Lakeview Memorial Park Association Cinnaminson, NJ | $13,879,613 | $1,700,542 |