Edmarc Inc
- Assets
- $4.7m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Portsmouth, VA
- Founding
- 10/1979
- Data as of
- 06/2023
- EIN
- 54-1092904
Organization Overview
Edmarc Inc is located in Portsmouth, VA. The organization was established in 1979. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 06/2023, Edmarc Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edmarc 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, Edmarc Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 8 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
DEDICATED TO EASING THE TRAUMA OF A CHILD'S ILLNESS OR DEATH AND TO REDUCING THE DISABLING EFFECTS OF PEDIATRIC ILLNESS, LOSS AND BEREAVEMENT OF FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF EDMARC, INC. IS TO PROVIDE HELP TO FAMILIES OF CHILDREN WITH LIFE-LIMITING ILLNESSES OR LIFE-THREATENING CONDITIONS AND TO FAMILIES WHO HAVE HAD A CHILD PASS AWAY. OUR GOAL IS TO HELP KEEP THE FAMILY INTACT DURING AND AFTER THE WORST CRISIS A FAMILY CAN ENDURE, THE CRITICAL ILLNESS AND DEATH OF A CHILD. WE WORK TO MINIMIZE THE LONG-TERM ILL EFFECTS OF PARENTAL AND SIBLING BEREAVEMENT. WE STRIVE TO MAXIMIZE FAMILY INVOLVEMENT IN DECISION MAKING AND CARE PLANNING TO THE LEVELS AND IN WAYS WHICH EACH INDIVIDUAL FAMILY FINDS COMFORTABLE; INFORM AND INVOLVE CHILDREN WITH LIFE-THREATENING CONDITIONS IN DECISIONS ABOUT THEIR CARE AND CARE PLANNING AS FULLY AS POSSIBLE, GIVEN THEIR DEVELOPMENTAL ABILITIES AND DESIRES; PROVIDE CULTURALLY RESPONSIVE CARE TO CHILDREN AND FAMILIES THAT IS RESPECTFUL OF DIFFERENCE IN ALL ITS FORMS; REDUCE PAIN AND DISTRESSFUL SYMPTOMS FOR CHILDREN WITH LIFE- THREATENING ILLNESSES; PROVIDE EMOTIONAL AND SPIRITUAL SUPPORT TO CHILDREN AND FAMILIES AS THEY COPE WITH THE MULTIPLE LOSSES ASSOCIATED WITH LIFE- THREATENING CONDITIONS; FACILITATE THE RESOLUTION OF FAMILIES' PRACTICAL NEEDS, SUCH AS THE NEED FOR RESPITE, THROUGH COORIDINATION WITH THE COMMUNITY; FACILITATE CONTINUITY OF CARE ACROSS CARE SETTINGS, BOTH WITHIN AND OUTSIDE THE HOSPITAL, BY PROVIDING EACH FAMILY WITH A DESIGNATED CARE COORDINATOR; OFFER BEREAVEMENT SUPPORT TO THE CHILD AND THE FAMILY BEFORE AND AFTER DEATH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blake Boykin President | OfficerTrustee | 5 | $0 |
Charity A Volman Vice Preside | OfficerTrustee | 1 | $0 |
Jonathan Arena Secretary | OfficerTrustee | 2 | $0 |
David A Pritchett Treasurer | OfficerTrustee | 5 | $0 |
Kelly Mccann Immediate Pa | Trustee | 1 | $0 |
Amie Baty Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $159,427 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,035,206 |
| Noncash contributions included in lines 1a–1f | $110,570 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,194,633 |
| Total Program Service Revenue | $96,048 |
| Investment income | $40,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,634 |
| Net Income from Fundraising Events | $54,397 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,412,790 |
| 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. | $173,724 |
| Compensation of current officers, directors, key employees. | $8,686 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,028,925 |
| Pension plan accruals and contributions | $14,941 |
| Other employee benefits | $70,232 |
| Payroll taxes | $91,084 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $860 |
| Fees for services: Accounting | $11,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,825 |
| Fees for services: Other | $34,692 |
| Advertising and promotion | $0 |
| Office expenses | $59,340 |
| Information technology | $55,264 |
| Royalties | $0 |
| Occupancy | $25,183 |
| Travel | $28,283 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,897 |
| Interest | $78 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,323 |
| Insurance | $37,997 |
| All other expenses | $26,472 |
| Total functional expenses | $1,904,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $605,339 |
| Pledges and grants receivable | $388,795 |
| 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 | $7,551 |
| Net Land, buildings, and equipment | $441,272 |
| Investments—publicly traded securities | $3,029,165 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $28,617 |
| Other assets | $174,419 |
| Total assets | $4,675,158 |
| Accounts payable and accrued expenses | $338,406 |
| 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 | $32,168 |
| Total liabilities | $370,574 |
| Net assets without donor restrictions | $660,321 |
| Net assets with donor restrictions | $3,644,263 |
| 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 | $4,675,158 |