Crescent Cities Charities Inc
- Assets
- $8.6m
- Revenue
- $680.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oxon Hill, MD
- Founding
- 05/1993
- Data as of
- 12/2022
- EIN
- 52-1815486
Organization Overview
Crescent Cities Charities Inc is located in Oxon Hill, MD. The organization was established in 1993. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crescent Cities Charities 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 12/2022, Crescent Cities Charities Inc generated $680.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 21.7% per year over the past 4 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.
Since 2020, Crescent Cities Charities Inc has awarded 77 individual grants totaling $828,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL ASSISTANCE TO PROMISING STUDENTS WITH FINANCIAL NEED AND TO PROVIDE GRANTS AND PROGRAMS TO WORTHY CHARITIES AND COMMUNITY ORGANIZATIONS IN THE DMV REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITIES AWARDS SCHOLARSHIPS TO ENHANCE THE LIVES OF STUDENTS FROM THE GREATER WASHINGTON METROPOLITAN AREA WHO WANT TO ACHIEVE EDUCATIONAL SUCCESS. EACH STUDENT WHO RECEIVES A SCHOLARSHIP MUST DEMONSTRATE FINANCIAL NEED, SCHOLASTIC ABILITY AND LEADERSHIP QUALITIES.
THE CHARITIES PROVIDES GRANTS TO QUALIFIED CHARITIES IN THE GREATER WASHINGTON METROPOLITAN AREA WHO ADDRESS HEALTH, WELFARE, HISTORIC, ENVIRONMENTAL, SOCIAL, YOUTH, ELDERLY, AND OTHER NEEDS FOR THE COMMUNITY.
THE CHARITIES OFFERS OTHER PROGRAMS TO SUPPORT THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Novak President | OfficerTrustee | 11 | $3,600 |
Paul Baiers Jr Secretary | OfficerTrustee | 30 | $63,600 |
Richard Lawson Treasurer | OfficerTrustee | 11 | $16,560 |
Robert Poe Chairman | OfficerTrustee | 9 | $3,600 |
Joseph Harris Vice-President | OfficerTrustee | 9 | $3,600 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $276,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $364,292 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $39,438 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $680,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $765,950 |
| Grants and other assistance to domestic individuals. | $332,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,023 |
| Fees for services: Other | $300 |
| Advertising and promotion | $1,553 |
| Office expenses | $6,352 |
| Information technology | $28,785 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,540 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,735 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,822 |
| All other expenses | $713 |
| Total functional expenses | $1,416,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,476 |
| 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 | $1,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,000 |
| Investments—publicly traded securities | $6,330,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $194,866 |
| Total assets | $8,594,773 |
| Accounts payable and accrued expenses | $11,559 |
| 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 | $154,528 |
| Total liabilities | $166,087 |
| Net assets without donor restrictions | $8,428,686 |
| 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 | $8,594,773 |
Grants Awarded
Over the last fiscal year, Crescent Cities Charities Inc has awarded $422,025 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BELLE GROVE PLANTATION PURPOSE: CRESCENT CITIES CHARITIES FUNDS WILL HELP SPONSOR NUMEROUS COMMUNITY PROGRAMS HELD AT BELLE GROVE, INCLUDING: "BLUEGRASS IN THE BARN, AND "A CLASSIC MOVIE NIGHT AT THE ALAMO DRAFTHOUSE CINEMA." ADDITIONAL PROGRAMS INCLUDE EXHIBIT ON THE ARCHAEOLOGICAL INVESTIGATION OF THE ENSLAVED QUARTER SITE AT BELLE GROVE, THE BELLE GROVE WINE FEST AND INALIENABLE RIGHTS: FREE AND ENSLAVED BLACKS CRAFTING A LIFE IN THE SHENANDOAH VALLEY. | $17,500 |
ALICE FERGUSON FOUNDATION PURPOSE: CRESCENT CITIES CHARITIES GRANT WILL BE USED TO SUPPORT THEIR ENVIRONMENTAL CENTER, A SUSTAINABLE 330-ACRE WORKING FARM ON THE SHORES OF THE POTOMAC RIVER IN PRINCE GEORGE'S COUNTY, ANNUALLY SERVING 2,000 ELEMENTARY SCHOOL STUDENTS IN ONE AND TWO-DAY (OVERNIGHT) ENVIRONMENTAL AND AGRICULTURAL PROGRAMS. THEY WILL ALSO SERVE AN ADDITIONAL 6,000 K-12 STUDENTS IN PARKS, CLASSROOMS, AND SCHOOLYARDS THROUGHOUT THE METROPOLITAN WASHINGTON, DC AREA THROUGH THEIR BRIDGING THE WATERSHED PROGRAM. | $10,000 |
ACCOKEEK FOUNDATION INC PURPOSE: CRESCENT CITIES CHARITIES FUNDS WILL SUPPORT THE FOUNDATION'S PHYSICAL ASSETS AND INFRASTRUCTURE, INCLUDING GARDENS AND LIVESTOCK ON THE NATIONAL COLONIAL FARM AND PUBLIC TRAILS AND ROADS THAT FORM THE BASE FOR THE VISITOR EXPERIENCE WITHIN PISCATAWAY PARK. FUNDING WILL ALSO SUPPORT YOUTH AND ADULT PROGRAMS OFFERED ON-SITE. | $10,000 |
YOUTH FOR TOMORROW NEW LIFE CENTER INC PURPOSE: CRESCENT CITIES CHARITIES FUNDS WILL BE USED TO SUPPORT YOUTH FOR TOMORROW'S INTENSIVE AND INNOVATIVE EDUCATIONAL ENVIRONMENT, WHICH INCLUDES A COMPREHENSIVE SUPPORT SYSTEM TO BRING AT RISK CHILDREN WHO HAVE EXPERIENCED SO MANY HARDSHIPS AND DISADVANTAGES UP TO THEIR FULL POTENTIAL. | $30,000 |
SHENANDOAH VALLEY MUSIC FESTIVAL INC PURPOSE: TO UNDERTAKE A STUDY TO DETERMINE THE FEASIBILITY OF RENOVATING A 20,000 SQUARE FOOT BUILDING TO BRING PROFESSIONAL SYMPHONIC MUSIC TO AN UNDER-SERVED, RURAL AREA OF VIRGINIA. | $10,000 |
MOUNTAIN VIEW CHRISTIAN ACADEMY PURPOSE: CRESCENT CITIES CHARITIES FUNDS WILL BE USED TO HELP OFFSET THE COSTS NECESSARY TO UPDATE THE EXISTING BOYS AND GIRL'S BATHROOMS/LOCKER ROOMS, AND OUR COMMERCIAL KITCHEN USED FOR PREPARING SCHOOL LUNCHES, AS WELL AS MEALS FOR SPECIAL EVENTS. | $10,000 |