Institute For The Economic Development Of Children
- Assets
- $6.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 23-2968524
Organization Overview
Institute For The Economic Development Of Children is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For The Economic Development Of Children 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, Institute For The Economic Development Of Children generated $93.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $90.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherylyn Tripp President | 40 | $18,946 | |
Marie Gee Secretary | 1 | $1,440 | |
Barry K Robinson Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,471 |
| Total Program Service Revenue | $20,450 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,921 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,398 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $15,410 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $30,680 |
| Total expenses | $90,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,866 |
| Other assets | $0 |
| Total assets | $6,866 |
| Total liabilities | $2,506 |
| Net assets or fund balances | $4,360 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Institute For The Economic Development Of Children has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reel Stories Teen Filmmaking Inc Brooklyn, NY | $1,349,194 | $2,572,031 |
Foundation For Free Enterprise Education Erie, PA | $5,614,586 | $1,865,641 |
Glassroots Inc Newark, NJ | $2,953,448 | $1,078,025 |
Interalliance Of Greater Cincinnati Cincinnati, OH | $209,405 | $889,890 |
Columbus Fashion Initiative Columbus, OH | $260,125 | $700,402 |
Forge Leadership Network Dayton, OH | $160,330 | $662,968 |
Young Entrepreneurs Academy Inc Pittsford, NY | $192,804 | $326,928 |
Omicelo Cares Pittsburgh, PA | $951,389 | $343,389 |
Partners For Education And Business Inc Syracuse, NY | $12,469 | $270,994 |
All Things Are Possible Foundation Inc Willingboro, NJ | $482,242 | $308,793 |
Nykbi Inc New York, NY | $57,865 | $227,712 |
Ohio Business Week Foundation Columbus, OH | $52,839 | $0 |