Network Delaware Inc
- Assets
- $229.8k
- Revenue
- $405.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Wilmington, DE
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 61-1813844
Organization Overview
Network Delaware Inc, operating under the name Network Delaware, is located in Wilmington, DE. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Network Delaware employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Network Delaware 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 12/2023, Network Delaware generated $405.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $343.7k during the year ending 12/2023. While expenses have increased by 23.5% 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
OUR PURPOSE IS TO DEVELOP CHANGE AGENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP DEVELOPMENT. 1. WE PUBLICLY RELEASED OUR CHANGE AGENT GUIDEBOOK WITH KEY LESSONS ON HOW PEOPLE CAN GET INVOLVED IN THEIR OWN COMMUNITIES, INSTILLING JUSTICE AND EQUITY PRACTICES INTO THEIR ORGANIZATION OR GROUP, AND HOW TO FORM EFFECTIVE DELAWARE TEAMS. 2.WE INCREASED THE NUMBER OF PARTICIPANTS WHO INCREASE THEIR CIVIC LEADERSHIP FROM ~60 TO 100 AS MEASURED BY OUR 5-POINT INTERNAL CIVIC LEADERSHIP LADDER WE DEVELOPED (ENSURE AT LEAST 60% ARE BLACK/BROWN VOLUNTEERS).
CIVIC ENGAGEMENT WE INCREASED THE NUMBER OF COMMUNITY PARTNERS WE SUPPORT FROM 5 TO 9 IN ORDER TO HELP THEM GROW THE CIVIC LEADERSHIP OF THEIR MEMBERS. (E.G., THE LATIN AMERICAN COMMUNITY CENTER, NEW CASTLE COUNTY YOUTH PLANNING BOARD, PUBLIC ALLIES, ETC.). WE INCREASED THE PERCENTAGE OF PARTICIPANTS WHO STRONGLY AGREE WITH THE STATEMENT "I WOULD RECOMMEND NETWORK DELAWARE TO OTHERS" TO OVER 97% (AS EVIDENCED BY OUR ANNUAL SURVEY). WE MAINTAINED/EXCEEDED OUR 60% THRESHOLD FOR VOLUNTEER LEADERSHIP POSITIONS BEING HELD BY INDIVIDUALS OF COLOR AND SUPPORTING THEIR CIVIC LEADERSHIP GROWTH.
VOLUNTEER ENGAGEMENT 1. ANNUAL SURVEY QUESTION TO PARTICIPANTS "NETWORK DELAWARE HAS HELPED ME IMPROVE MY OWN SKILLS AND ABILITY TO CREATE CHANGE" = 9.21 IN 2022 (UP FROM 8.69 IN 2021 AND 8.4 IN 2020). MOVE TO 9.6 BY 2024-2025. 2. ANNUAL SURVEY QUESTION TO PARTICIPANTS "I FEEL MOTIVATED BEING AROUND OTHER NETWORK DELAWARE MEMBERS AND VOLUNTEERS" = 9.64 IN 2022 (UP FROM 9.28 IN 2021 AND 8.8 IN 2020). MOVE TO 9.8 BY 2024-2025. 3. ANNUAL SURVEY QUESTION TO PARTICIPANTS "EFFECTIVENESS OF VOLUNTEER INVOLVEMENT" = 8.63 IN 2022 (UP FROM 8.07 IN 2021 AND 8 IN 2020). MOVE TO 9.5 BY 2024-2025.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Serres Executive Director | Officer | 40 | $37,500 |
Jeffrey Richardson Board Member | Trustee | 1 | $0 |
Erika Gutierrez Board Member | Trustee | 1 | $0 |
Darlene Battle Board Member | Trustee | 1 | $0 |
Monica Shockley-Porter Treasurer | Trustee | 1 | $0 |
Britney Gulledge Interim Chair | Trustee | 1 | $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 | $275,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,673 |
| Total Program Service Revenue | $128,850 |
| Investment income | $458 |
| 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 | $404,981 |
| 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 | $198,086 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $2,996 |
| Information technology | $14,508 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,047 |
| All other expenses | $110,604 |
| Total functional expenses | $343,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $229,848 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $229,848 |
| 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 | $175,419 |
| Net assets with donor restrictions | $54,429 |
| 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 | $229,848 |