Premiere Charities Inc
- Assets
- $174.0k
- Revenue
- $186.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Claymont, DE
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-3349768
Organization Overview
Premiere Charities Inc is located in Claymont, DE. The organization was established in 2011. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premiere Charities 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 12/2021, Premiere Charities Inc generated $186.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $157.4k during the year ending 12/2021. 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
OUR MISSION IS TO SERVE UNDERPRIVILEDGED BY MOBILIZING RESOURCES FOR FOOD, HEALTH, CLOTHING, SHELTER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILMINGTON MIDDLETOWN SERVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sachin Karnik Administrator | Officer | 4 | $4,800 |
Vinod Kripalu President | Trustee | 4 | $0 |
Reynold Agard Board Member | Trustee | 2 | $0 |
Gail Saltars Board Member | Trustee | 1 | $0 |
Chetana Kripalu Board Member | Trustee | 4 | $0 |
Sanjay Wadhwa Treasurer Secretary | Trustee | 4 | $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 | $186,441 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,441 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $186,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,601 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $99,276 |
| 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 | $4,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $17,543 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $2,860 |
| Insurance | $0 |
| All other expenses | $575 |
| Total functional expenses | $157,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,969 |
| 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 |
| 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 | $173,969 |
| Accounts payable and accrued expenses | $2,377 |
| 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 | $2,377 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $171,592 |
| Total liabilities and net assets/fund balances | $173,969 |
Grants Awarded
Over the last fiscal year, Premiere Charities Inc has awarded $12,601 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bear, DE PURPOSE: COVID Time assistance to the poor in Delaware | $7,601 |
HANDS INTERNATIONAL PURPOSE: COVID Time assistance to the poor in Jamaica | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Premiere Charities Inc has recieved totaling $19,782.
| Awarding Organization | Amount |
|---|---|
The Hope Foundation-Usa 1999 Trust Concord, MA PURPOSE: VARIOUS | $18,282 |
Pivot Cares Foundation Inc Towson, MD PURPOSE: UNRESTRICTED CHARITABLE DONATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Table To Table Inc Hasbrouck Heights, NJ | $8,623,118 | $52,420,160 |
412 Food Rescue Inc Pittsburgh, PA | $6,363,221 | $17,851,896 |
Move For Hunger Inc Neptune, NJ | $1,899,350 | $7,237,054 |
T A S K Trenton, NJ | $14,881,769 | $6,763,613 |
Food Brigade Inc Paramus, NJ | $32,609 | $4,662,989 |
Lexington Market Inc Baltimore, MD | $34,272,754 | $5,979,904 |
Lakewood Community Service Corp Lakewood, NJ | $2,505,972 | $4,390,596 |
Pauls Place Inc Baltimore, MD | $14,169,802 | $2,887,812 |
Elijahs Promise New Brunswick, NJ | $4,060,612 | $2,353,892 |
Carversville Farm Foundation Mechanicsville, PA | $2,108,412 | $2,035,520 |
It Takes A Village To Feed One Child Inc Ridley Park, PA | $688,399 | $1,787,069 |
Sodexo Stop Hunger Foundation Inc Gaithersburg, MD | $2,177,580 | $2,725,121 |