A New World Child Placement Agency
- Assets
- $73.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Denver, CO
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 80-0795096
Organization Overview
A New World Child Placement Agency is located in Denver, CO. The organization was established in 2014. 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 06/2021, A New World Child Placement Agency employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A New World Child Placement Agency 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 06/2021, A New World Child Placement Agency generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 13.5% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NEW WORLD CHILD PLACEMENT AGENCY IS A NON-PROFIT CORPORATION ESTABLISHED TO PROMOTE AND SUPPORT CHILDREN IN NEED OF FOSTER CARE PLACEMENT. A NEW WORLD CHILD PLACEMENT WILL ACCEPT CHILDREN AGES 0 TO 18 AND OVER 18 TO 21 THROUGH COURT ORDER. WE WILL STRIVE TO ENCOURAGE A POSITIVE OUTLOOK ON LIFE AND DEEPER APPRECIATION FOR ONESELF, THROUGH PAIRING CHILDREN WITH HOMES THAT WILL PROMOTE THEIR GROWTH AND DEVELOPMENT WHILE IN AND OUT OF HOME PLACEMENT. PARENTS WILL BE SUFFICIENTLY TRAINED TO ADDRESS THE NEEDS OF THE CHILDREN PLACE IN THEIR CARE.
A NEW WORLD CHILD PLACEMENT AGENCY IS A NON-PROFIT CORPORATION ESTABLISHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doris Stevenson Gaines CEO | Officer | $0 | |
Beatrice Watson President | Officer | $0 | |
Earnestine Busby Secretary | Officer | $0 | |
Jasper Armstron Treasury | Officer | $0 | |
Dr Joe L Stevenson Secretary Tr | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,531,598 |
| Investment income | $2 |
| 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 | $1,531,600 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,013,444 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $116,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,189 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $386,142 |
| Advertising and promotion | $1,825 |
| Office expenses | $50,912 |
| Information technology | $5,200 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $8,474 |
| Insurance | $28,718 |
| All other expenses | $0 |
| Total functional expenses | $1,617,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,850 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,417 |
| Other assets | $0 |
| Total assets | $73,267 |
| Accounts payable and accrued expenses | $92,592 |
| 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 | $92,592 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$19,325 |
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