Person To Person Inc
- Assets
- $8.5m
- Revenue
- $15.0m
- Investments
- $0.0
- Employees
- 42
- Location
- Darien, CT
- Founding
- 11/1995
- Data as of
- 06/2021
- EIN
- 06-1422248
Organization Overview
Person To Person Inc is located in Darien, CT. The organization was established in 1995. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Person To Person Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Person To Person 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 06/2021, Person To Person Inc generated $15.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $14.0m during the year ending 06/2021. While expenses have increased by 2.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PERSON-TO-PERSON PROVIDES INDIVIDUALS AND FAMILIES WITH ASSISTANCE FOR BASIC NEEDS TO OVERCOME DAILY CHALLENGES, AND ACCESS TO RESOURCES TO IMPROVE THEIR LIVES. OUR VISION: EDUCATED, FINANCIALLY STABLE, AND HUNGER-FREE HOMES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CRITICAL NEEDS PROGRAM PROVIDES FOOD, CLOTHING, FINANCIAL ASSISTANCE, INCLUDING EVICTION MEDIATION, AND CRISIS COUNSELING TO RESIDENTS OF LOWER FAIRFIELD COUNTY, CONNECTICUT.
THROUGH THE SCHOLARSHIP FUND, GRANTS ARE AWARDED TO LOW-INCOME STUDENTS, MANY OF WHOM ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE.
CAMPERSHIPS PROVIDE THE OPPORTUNITY FOR CHILDREN FROM LOW-INCOME HOUSEHOLDS TO ATTEND LOCAL DAY CAMPS FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Coughlin Chief Executive Officer | Officer | 40 | $166,421 |
Elizabeth Finn Chief Operating Officer | Officer | 40 | $130,329 |
Tracy Cramer Chief Philanthropy Officer | Officer | 40 | $113,424 |
Clare Kretzman Asst. Secretary | OfficerTrustee | 1 | $0 |
Chris Whitney Vice-President & Treasurer | OfficerTrustee | 2 | $0 |
Victoria DE Toledo Director | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,745 |
| Fundraising events | $108,523 |
| Related organizations | $0 |
| Government grants | $761,512 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,874,223 |
| Noncash contributions included in lines 1a–1f | $9,187,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,758,003 |
| Total Program Service Revenue | $2,672 |
| Investment income | $119,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,124 |
| Net Income from Fundraising Events | -$6,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,004,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,674,787 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $452,404 |
| Compensation of current officers, directors, key employees. | $79,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,344,354 |
| Pension plan accruals and contributions | $32,481 |
| Other employee benefits | $152,281 |
| Payroll taxes | $125,641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,172 |
| Fees for services: Other | $62,018 |
| Advertising and promotion | $0 |
| Office expenses | $172,564 |
| Information technology | $2,598 |
| Royalties | $0 |
| Occupancy | $224,134 |
| 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 | $157,899 |
| Insurance | $36,700 |
| All other expenses | $40,616 |
| Total functional expenses | $13,955,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,506,682 |
| Savings and temporary cash investments | $39,644 |
| Pledges and grants receivable | $68,175 |
| Accounts receivable, net | $8,165 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $95,168 |
| Prepaid expenses and deferred charges | $108,267 |
| Net Land, buildings, and equipment | $782,670 |
| Investments—publicly traded securities | $5,880,243 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,301 |
| Total assets | $8,508,315 |
| Accounts payable and accrued expenses | $188,802 |
| 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 | $28,656 |
| Total liabilities | $217,458 |
| Net assets without donor restrictions | $3,979,022 |
| Net assets with donor restrictions | $4,311,835 |
| 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 | $8,508,315 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Person To Person Inc has recieved totaling $23,900.
| Awarding Organization | Amount |
|---|---|
Jim And Dede Bartlett Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Velaj Foundation Inc Stamford, CT PURPOSE: HOLIDAY TOYS FAIR | $10,000 |
Selkowitz Family Foundation Stamford, CT PURPOSE: HELPING LESS FORTUNATE FAMILIES IN THE COMMUNITY WITH BASIC NEEDS | $2,000 |
Mcintyre Family Foundation Inc Darien, CT PURPOSE: GENERAL | $1,000 |
Konstantin Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
Velaj Foundation Inc Stamford, CT PURPOSE: GENERAL OPERATING SUPPORT | $400 |
Endowment Analysis
| Beg. Balance | $3,010,397 |
| Earnings | $831,699 |
| Admin Expense | $13,172 |
| Other Expense | $150,000 |
| Ending Balance | $3,678,924 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Grantham Foundation For The Protection Of The Environment Boston, MA | $585,096,833 | $210,457,800 |
Candid New York, NY | $88,006,038 | $55,202,801 |
Forsyth Dental Infirmary For Children Cambridge, MA | $46,427,599 | $15,162,236 |
Fund For The Public Interest Inc Boston, MA | $38,723,767 | $15,827,211 |
Rofeh Cholim Cancer Society Inc Brooklyn, NY | $24,523,868 | $22,653,682 |
Person To Person Inc Darien, CT | $8,508,315 | $15,004,932 |
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
Chief Executives For Corporate Purpose Inc New York, NY | $5,985,740 | $5,961,385 |
Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |