Childnet Inc
- Assets
- $22.6m
- Revenue
- $139.6m
- Investments
- $0.0
- Employees
- 772
- Location
- Fort Lauderdale, FL
- Founding
- 01/2002
- Data as of
- 06/2022
- EIN
- 65-1149351
Organization Overview
Childnet Inc is located in Fort Lauderdale, FL. The organization was established in 2002. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 06/2022, Childnet Inc employed 772 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childnet 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 06/2022, Childnet Inc generated $139.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $143.7m during the year ending 06/2022. While expenses have increased by 1.7% 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.
Since 2015, Childnet Inc has awarded 787 individual grants totaling $481,255,092. 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
CHILDNET IS AN ORGANIZATIONDEVOTED TO THE DEVELOPMENT OF COMMUNITY-BASED SERVICES AND SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY BASED CARE - TO DELIVER A FULL RANGE OF CHILD PROTECTION SERVICES IN BROWARD COUNTY AND PALM BEACH COUNTY DIRECTLY OR INDIRECTLY THROUGH CONTRACTS, WHICH INCLUDES CASE MANAGEMENT, RESIDENTIAL SERVICES, FOSTER CARE MANAGEMENT AND SUPPORT, PREVENTION & INTERVENTION SERVICES, RECRUITMENT OF ADOPTIVE PARENTS, AND DISBURSEMENT OF ADOPTION SUBSIDIES. SERVED ON A DAILY AVERAGE OF 3096 CHILDREN IN IN-HOME AND OUT OF HOME CARE, 1177 CHILDREN IN FOSTER CARE, 224 CHILDREN IN RESIDENTIAL GROUP CARE AND FINALIZED 315 ADOPTIONS FOR FISCAL YEAR ENDED JUNE 30, 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lepera Board Chair | OfficerTrustee | 2 | $0 |
Amy Black Vice Chair | OfficerTrustee | 2 | $0 |
Dr Victoria Thurston Secretary | OfficerTrustee | 2 | $0 |
Josefa Benjamin Lt Col Director | Trustee | 2 | $0 |
Joseph Rogers Treasurer | Trustee | 2 | $0 |
Melida Akiti Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brenda Knowles Group Home | 6/29/18 | $305,506 |
Yolo Mentoring And Theraeputic Therapy/mentoring | 6/29/18 | $100,306 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $139,271,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,893 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,559,375 |
| Total Program Service Revenue | $0 |
| Investment income | $543 |
| 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 | $139,566,966 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,921,658 |
| Grants and other assistance to domestic individuals. | $11,362,809 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,224,659 |
| Compensation of current officers, directors, key employees. | $95,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,883,600 |
| Pension plan accruals and contributions | $867,268 |
| Other employee benefits | $3,980,061 |
| Payroll taxes | $1,729,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,454 |
| Fees for services: Accounting | $80,203 |
| Fees for services: Lobbying | $907 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $492,415 |
| Advertising and promotion | $258,477 |
| Office expenses | $276,946 |
| Information technology | $919,703 |
| Royalties | $0 |
| Occupancy | $3,744,886 |
| Travel | $574,236 |
| 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 | $162,849 |
| Insurance | $1,720,126 |
| All other expenses | $633,334 |
| Total functional expenses | $143,709,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,952,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $266,903 |
| 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 | $1,552,758 |
| Net Land, buildings, and equipment | $425,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $373,672 |
| Total assets | $22,571,500 |
| Accounts payable and accrued expenses | $9,567,143 |
| Grants payable | $0 |
| Deferred revenue | $14,282,134 |
| 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 | $980,486 |
| Total liabilities | $24,829,763 |
| Net assets without donor restrictions | -$2,588,965 |
| Net assets with donor restrictions | $330,702 |
| 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 | $22,571,500 |
Grants Awarded
Over the last fiscal year, Childnet Inc has awarded $46,921,661 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
4 KIDS OF SOUTH FLORIDA PURPOSE: FOSTER HOME MANAGEMENT | $1,533,058 |
A & R SAFE HAVEN GROUP HOME PURPOSE: RESIDENTIAL GROUP CARE | $40,662 |
AGENCY FOR COMMUNITY TREATMENT PURPOSE: RESIDENTIAL GROUP CAREEMERGENCY TEEN RESPITE | $1,033,417 |
AHERO PURPOSE: FOSTER HOME MANAGEMENT | $23,557 |
ALPHA HOUSE OF PINELLAS PURPOSE: RESIDENTIAL GROUP CARE | $27,784 |
ADVANCED PSYCHOLOGICAL ASSOCIATES PURPOSE: PSYCHOLOGICAL EVALUATION | $67,050 |