Caritas For Children Inc
- Assets
- $234.5k
- Revenue
- $528.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Milwaukee, WI
- Founding
- 10/2000
- Data as of
- 06/2021
- EIN
- 39-1975608
Organization Overview
Caritas For Children Inc is located in Milwaukee, WI. The organization was established in 2000. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. As of 06/2021, Caritas For Children Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caritas For Children 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, Caritas For Children Inc generated $528.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $436.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. 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
CARITAS FOR CHILDREN INC BELIEVE OUR CALLING IS TO CULTIVATE TRUE CHARITY BY ALLOWING PEOPLE TO EXPERIENCE CARITAS GODS LOVE GLOBALLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD SPONSORSHIP PROGRAM - THE PROGRAM PROVIDES FINANCIAL ASSISTANCE ADMINISTERED BY OUR MINISTRY SERVICE PROVIDERS AND DIRECT CARITAS PERSONNEL FOR THE HEALTH, EDUCATION AND GENERAL WELFARE OF ORPHANED AND DISADVANTAGE CHILDREN IN UGANDA, KENYA, NIGERIA, THE DOMINICAN REPUBLIC, BELIZE AND HAITI. OUR MINISTRY SERVICE PROVIDERS INCLUDED RELIGIOUS COMMUNITIES OF MEN AND WOMEN AND DIOCESAN-RUN SCHOOLS WHO UNDERSTAND THE PARTICULAR NEEDS RELATED TO THE CHILDREN IN THEIR REGION, AND ASSURE THEM WITH A CATHOLIC EDUCATION, DAILY MEALS, CLOTHING AND MEDICAL CARE. THE CHILD SPONSORSHIP PROGRAM COMPRISES TWO COMPONETS, DAY AND BOARDING SCHOOL.
OTHER PROGRAM SERVICES - CARITAS HAS IN VARYING DEGREE DEVELOPED ADDITIONAL FINANCIAL AND SPIRITUAL SUPPORT PROGRAMS INCLUDING: ADOPT A NUN, SPONSOR-A- SEMINARIN, SEVERAL CATHOLIC OUTREACH MINISTRIES, AND OTHER ON-GOING FORMATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Hoar Vpsecretary | OfficerTrustee | 2 | $0 |
Christopher Hoar President | OfficerTrustee | 35 | $0 |
Joel G Nettesheim Treasurer | OfficerTrustee | 2 | $0 |
Rev Monsignor Michael Boland Board Director | Trustee | 1 | $0 |
James Lenahan Board Director | Trustee | 1 | $0 |
Pamela Mateo Board Director | Trustee | 1 | $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 | $77,282 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,282 |
| Total Program Service Revenue | $450,982 |
| Investment income | $28 |
| 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 | $528,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,650 |
| Payroll taxes | $10,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,291 |
| Office expenses | $12,262 |
| Information technology | $34,943 |
| 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 | $100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,794 |
| Insurance | $0 |
| All other expenses | $35,535 |
| Total functional expenses | $436,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,054 |
| 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 | $34,458 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $234,512 |
| Accounts payable and accrued expenses | $104,771 |
| 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 | $104,771 |
| Net assets without donor restrictions | $129,741 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $234,512 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Caritas For Children Inc has recieved totaling $15,596.
| Awarding Organization | Amount |
|---|---|
Rose M Buckarma Foundation Milwaukee, WI PURPOSE: GENERAL PURPOSE | $10,000 |
Marie Kennedy Foundation Big Horn, WY PURPOSE: UNRESTRICTED USE | $5,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $96 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manitou Council Inc Sheboygan, WI | $6,152,575 | $1,986,036 |
Josiah Whites Quakerdale Foundation New Providence, IA | $22,959,200 | $1,075,930 |
Orphans Joy Inc Minneapolis, MN | $95,406 | $402,244 |
Caritas For Children Inc Milwaukee, WI | $234,512 | $528,292 |
The Jerome Bettis Bus Stop Here Foundation Southfield, MI | $31,237 | $230,021 |
Minnesota Camp Fire Foundation Excelsior, MN | $6,404,984 | $35,680 |
Barrington Childrens Charities Barrington, IL | $2,299,815 | $341,510 |
Anne E Leibowitz Youth Fund Chicago, IL | $753,377 | $28,601 |
Helping Hands Network Inc Northbrook, IL | $137,856 | $241,889 |
Lakes Area Gymnastics Booster Club Perham, MN | $3,566,336 | $315,544 |
Detroit Red Wings Alumni Association Inc Detroit, MI | $283,794 | $124,732 |
Tonys Charitable Foundation Itasca, IL | $471,602 | $217,855 |