Dateable Inc
- Assets
- $88.1k
- Revenue
- $105.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Brandywine, MD
- Founding
- 10/1989
- Data as of
- 12/2021
- EIN
- 52-1535726
Organization Overview
Dateable Inc is located in Brandywine, MD. The organization was established in 1989. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dateable 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 12/2021, Dateable Inc generated $105.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $104.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 years. 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 PROVIDE THE OPPORTUNITY FOR HANDICAPPED PEOPLE TO MEET OTHERS WHO ARE HANDICAPPED FOR SOCIAL AND INTERPERSONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM OF THE ORGANIZATION IS TO OFFER HANDICAPPED PEOPLE MEMBERSHIP TO AN ORGANIZATION, THE MISSION OF WHICH IS TO OFFER MEMBERS THE OPPORTUNITY TO MEET AND SOCIALIZE WITH OTHER MEMBERS, TO PROVIDE A FORUM FOR HANDICAPPED PEOPLE TO DISCUSS TOPICS AND ISSUES RELEVANT TO THEIR SITUATION, AND TO OFFER COUNSELING AND EDUCATION TO MEMBERS ON ISSUES SUCH AS ISOLATION, REJECTION, AND PREJUDICE. TOTAL MEMBERSHIP IS APPROXIMATELY 750. DURING THE YEAR 4 SCHEDULED EVENTS WERE HELD WITH SEVERAL SMALLER UNPLANNED EVENTS. ATTENDANCE AT EACH EVENT AVERAGES BETWEEN 30-50 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Watson Executive Director | Trustee | 40 | $75,000 |
Lynn Roberts Treasurer | Officer | 10 | $0 |
Nadia Massuda Secretary | Officer | 10 | $0 |
Susan Hardy President | Officer | 10 | $0 |
Jeri Wasco Vice President | Officer | 10 | $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 | $105,239 |
| Noncash contributions included in lines 1a–1f | $30,199 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,239 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $105,244 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $37,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,400 |
| Payroll taxes | $4,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,922 |
| 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 | $453 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,535 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,603 |
| Insurance | $326 |
| All other expenses | $200 |
| Total functional expenses | $104,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,125 |
| Savings and temporary cash investments | $19,420 |
| 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 | $63 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $57,461 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,069 |
| 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 | $0 |
| 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 | $88,069 |
| Total liabilities and net assets/fund balances | $88,069 |
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