Childrens Family Care Inc
- Assets
- $11.7m
- Revenue
- $573.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 10/1983
- Data as of
- 12/2021
- EIN
- 34-1405958
Organization Overview
Childrens Family Care Inc is located in Akron, OH. The organization was established in 1983. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Family Care 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, Childrens Family Care Inc generated $573.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL TO RELATED ORGANIZATION FOR THE PURPOSE OF PROVIDING HOUSING FOR FAMILIES WHO HAVE CHILDREN HOSPITALIZED AT AKRON CHILDREN'S HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Yanko President | 5 | $0 | |
Emily B Petrarca Secretary | 5 | $0 | |
Trey Bennett Trustee | 1 | $0 | |
Michael G Soful Treasurer | 5 | $0 | |
Jeff Hord Trustee | 1 | $0 | |
Kim Mcfarlane Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $573,588 |
| Total Revenue | $573,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $96,890 |
| Taxes | $0 |
| Depreciation | $448,006 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $116,877 |
| Total operating and administrative expenses | $713,613 |
| Contributions, gifts, grants paid | $476,698 |
| Total expenses and disbursements | $1,190,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,399 |
| Savings and temporary cash investments | $79,174 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $11,629,402 |
| Other assets | $11,233 |
| Total assets | $11,724,208 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $9,689,000 |
| Other liabilities | $0 |
| Total liabilities | $9,689,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Childrens Family Care Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Michelson Foundation Charitable Trust Akron, OH PURPOSE: CHARITABLE | $500 |
Michelson Foundation Charitable Trust Akron, OH PURPOSE: CHARITABLE | $500 |
Michelson Foundation Charitable Trust Akron, OH PURPOSE: CHARITABLE | $500 |
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|---|---|---|
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