Adult Special Education Program Inc
- Assets
- $6.9k
- Revenue
- $113.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Wilmington, DE
- Founding
- 06/1977
- Data as of
- 06/2024
- EIN
- 51-0203527
Organization Overview
Adult Special Education Program Inc is located in Wilmington, DE. The organization was established in 1977. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2024, Adult Special Education Program Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Special Education Program 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 06/2024, Adult Special Education Program Inc generated $113.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $109.3k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ASEP PROVIDES INDIVIDUAL SERVICES TO PHYSICALLY, MENTALLY, EMOTIONALLY AND LEARNING DISABLED INDIVIDUALS. THE SERVICES INCLUDE COUNSELING,EDUCATION,JOB DEVELOPMENT,JOB PLACEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE REPORTING PERIOD FISCAL YEAR 2024 SERVICES PROVIDED: CONSUMERS SERVED =119 JOB PLACEMENT= 17, JOB SEEKING SKILLS = 0, LONG TERM MAINTENANCE = 31, DRIVER ED = 89, INTAKE/NETWORKING/COUNSELING = 119,TYPES OF DISABILITIES: REFERRAL SOURCES: STATE VOCATIONAL REHAB = 112,SCHOOL DISTRICTS & OTHER AGENCIES = 3, SELF-REFERRAL = 4 PLACEMENT DATA: CLIENTS REFERRED FOR PLACEMENT = 17, CLIENTS PLACED = 17, CLIENTS PLACED IN COMPETITIVE EMPLOYMENT = 17, STUDENT/TRAINING = 19. WAGE INFORMATION: $11.75 - $12 = 1, $12 - $15 = 15, $18 = 1, AVERAGE WAGE PER CLIENT + $14.04 PROJECTED TAXES PAID: FEDERAL TAXES = 55,885, FICA = $75,979, STATE TAXES = $21,005 TOTAL PROJECTED TAXES PAID = $152,869
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,979 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $112,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $54,967 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,819 |
| 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 | $2,970 |
| All other expenses | $25 |
| Total functional expenses | $109,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,903 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,903 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,903 |
| 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 | $6,903 |