Serenity Place Inc
- Assets
- $563.3k
- Revenue
- $579.8k
- Investments
- $28.0k
- Employees
- 7
- Location
- Dover, DE
- Founding
- 11/1989
- Data as of
- 06/2023
- EIN
- 51-0317506
Organization Overview
Serenity Place Inc is located in Dover, DE. The organization was established in 1989. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Serenity Place Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Serenity Place 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 06/2023, Serenity Place Inc generated $579.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $408.4k during the year ending 06/2023. While expenses have increased by 4.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HALFWAY HOUSE, COUNSELING AND A SAFE ENVIRONMENT FOR RECOVERING ALCOHOL/DRUG DEPENDENT MEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED FACILITIES FOR RECOVERING ALCOHOL/DRUG DEPENDENT MEN. OBTAINED FUNDING FOR AND CARRIED OUT ACTIVITIES TO EDUCATE, COUNSEL, AND ASSIST RESIDENTS IN SECURING EMPLOYMENT AND IN DISEASE RECOVERY.
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 |
|---|---|---|---|
Ross Trader President/di | OfficerTrustee | $0 | |
Nate Kasten Vice Pres/di | OfficerTrustee | $0 | |
Barry Pierce Treasurer/di | OfficerTrustee | $0 | |
James Beirnes Secretary/di | OfficerTrustee | $0 | |
Jill Beirnes Director | Trustee | $0 | |
Bruce Tribbitt Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,600 |
| Noncash contributions included in lines 1a–1f | $4,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,600 |
| Total Program Service Revenue | $572,546 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $579,846 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,801 |
| Payroll taxes | $11,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,032 |
| 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 | $3,283 |
| Information technology | $5,919 |
| Royalties | $0 |
| Occupancy | $125,812 |
| Travel | $185 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,813 |
| Insurance | $17,859 |
| All other expenses | $7,066 |
| Total functional expenses | $408,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,549 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,064 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $159,649 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $73,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $28,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $563,324 |
| Accounts payable and accrued expenses | $4,522 |
| 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 | $4,522 |
| Net assets without donor restrictions | $558,802 |
| 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 | $563,324 |