Ronald Mcdonald House Of Durham And Wake Inc
- Assets
- $12.0m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 30
- Location
- Durham, NC
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 56-1220376
Organization Overview
Ronald Mcdonald House Of Durham And Wake Inc, operating under the name Ronald Mcdonald House Of Durham, is located in Durham, NC. The organization was established in 1979. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Ronald Mcdonald House Of Durham employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Of Durham 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, Ronald Mcdonald House Of Durham generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILT WITH LOVE, THE RONALD MCDONALD HOUSE OF DURHAM AND WAKE OFFERS A COMFORTING HOME AWAY FROM HOME AND A COMMUNITY OF SUPPORT FOR SERIOUSLY ILL CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHILE OUR DOORS REMAINED OPEN TO FAMILIES OF SERIOUSLY ILL CHILDREN IN 2021, THE WAY WE PROVIDED SERVICES WAS SIGNIFICANTLY ALTERED DUE TO THE PANDEMIC. OUR RESIDENTIAL PROGRAMS IN DURHAM AND RALEIGH PROVIDED 6,128 NIGHTS OF HOSPITALITY FOR 249 FAMILIES. OUR GENEROUS DONORS AND CREATIVE VOLUNTEERS HELPED REMOTELY, PROVIDING MEALS, FINANCIAL SUPPORT AND SUPPLIES TO CONTINUE SUPPORTING FAMILIES WITH SERIOUSLY ILL OR INJURED CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oie Osterkamp Executive Director | Officer | 40 | $142,751 |
Nancy Jones Sr. Dir. Of Communications | 40 | $106,039 | |
Mitzi L Viola Director Of Development | 40 | $102,301 | |
John Parker Secretary | OfficerTrustee | 2 | $0 |
Tom Cavender President | OfficerTrustee | 2 | $0 |
Christine Perciaccante Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $386,167 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,131,329 |
| Noncash contributions included in lines 1a–1f | $396,505 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,517,496 |
| Total Program Service Revenue | $0 |
| Investment income | $81,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $252,974 |
| Net Income from Fundraising Events | -$21,586 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,831,309 |
| 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. | $394,901 |
| Compensation of current officers, directors, key employees. | $55,286 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $924,151 |
| Pension plan accruals and contributions | $21,467 |
| Other employee benefits | $122,244 |
| Payroll taxes | $89,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $220,371 |
| Fees for services: Investment Management | $14,980 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $9,342 |
| Office expenses | $659,782 |
| Information technology | $48,090 |
| Royalties | $0 |
| Occupancy | $152,517 |
| Travel | $3,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,780 |
| Interest | $8,651 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,029 |
| Insurance | $30,155 |
| All other expenses | $22,515 |
| Total functional expenses | $3,119,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $813,599 |
| Savings and temporary cash investments | $603,558 |
| Pledges and grants receivable | $1,206,876 |
| 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 | $5,206 |
| Net Land, buildings, and equipment | $5,662,868 |
| Investments—publicly traded securities | $3,718,946 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,000 |
| Other assets | $19,508 |
| Total assets | $12,035,561 |
| Accounts payable and accrued expenses | $102,909 |
| Grants payable | $0 |
| Deferred revenue | $26,750 |
| 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 | $129,659 |
| Net assets without donor restrictions | $8,118,734 |
| Net assets with donor restrictions | $3,787,168 |
| 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 | $12,035,561 |
Grants Recieved
Over the last fiscal year, we have identified 35 grants that Ronald Mcdonald House Of Durham And Wake Inc has recieved totaling $878,052.
| Awarding Organization | Amount |
|---|---|
Ronald Mcdonald House Charities Inc Raleigh, NC PURPOSE: CHARITABLE PURPOSE | $272,450 |
Ronald Mcdonald House Charities Inc Chicago, IL PURPOSE: See part IV - d | $246,973 |
Credit Suisse Americas Foundation New York, NY PURPOSE: GENERAL OPERATING | $92,014 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $70,643 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $61,600 |
Rsm Us Foundation Davenport, IA PURPOSE: YOUTH EDUCATION, HEALTH, HOUSING, AND/OR HUNGER | $33,724 |
Endowment Analysis
| Beg. Balance | $3,371,578 |
| Earnings | $336,648 |
| Admin Expense | $10,950 |
| Net Contributions | $35,000 |
| Other Expense | $16,350 |
| Ending Balance | $3,715,926 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Ronald Mcdonald House Charities Inc Atlanta, GA | $44,808,722 | $8,699,770 |
Lighthouse Family Retreat Inc Alpharetta, GA | $2,831,425 | $4,605,749 |
Ronald Mcdonald House Charities Of Greater Washington Dc Inc Falls Church, VA | $23,518,081 | $3,394,943 |
Make-A-Wish Foundation Of Central And Western North Carolina Inc Charlotte, NC | $8,151,207 | $3,618,519 |
Ronald Mcdonald House Of Durham And Wake Inc Durham, NC | $12,035,561 | $3,831,309 |
Hospital Hospitality House Of Richmond Inc Richmond, VA | $19,495,218 | $3,888,827 |
Make-A-Wish Foundation Of The Mid- South Inc Memphis, TN | $7,531,176 | $3,943,183 |
Secu Family House At Unc Hospitals Chapel Hill, NC | $17,865,400 | $2,569,903 |
7th & Marshall Corporation Richmond, VA | $5,028,760 | $2,506,731 |
Make-A-Wish Foundation Of Sc Inc Greenville, SC | $3,512,754 | $3,739,061 |
Make A Wish Foundation Of Eastern North Carolina Inc Raleigh, NC | $1,430,251 | $2,360,799 |
Ronald Mcdonald House Charities Of The Piedmont Triad Inc Winstonsalem, NC | $17,158,539 | $2,973,309 |