The Everett Inc
- Assets
- $2.1m
- Revenue
- $815.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Middletown, DE
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 51-0262626
Organization Overview
The Everett Inc is located in Middletown, DE. The organization was established in 1982. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Everett Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everett 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, Everett Inc generated $815.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $346.0k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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
TO PROVIDE ARTS, CRAFTS, AND THEATRE TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM EXPENSES CONSISTS OF MAINTAINING A HISTORIC THEATRE AND OPERATING THE ATTACHED COMMUNITY ARTS CENTER FOR THE COMMUNITY. ALL WORK IS PREFORMED BY VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Helms Treasurer | Officer | 5.08 | $0 |
Richard Forsten Vice Preside | Officer | 1.4 | $0 |
Peter Hoopes Secretary | Officer | 5.46 | $0 |
Robert Stout Member At La | Officer | $0 | |
Seth Cosans Member At La | Trustee | 10.15 | $0 |
Jeff Russell Member At La | Trustee | 5.21 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,032 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,229 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,261 |
| Total Program Service Revenue | $470,590 |
| 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 | $815,037 |
| 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 | $8,963 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,729 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,649 |
| Advertising and promotion | $7,369 |
| Office expenses | $9,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,212 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,289 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,830 |
| Insurance | $18,108 |
| All other expenses | $0 |
| Total functional expenses | $346,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,445 |
| 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 | $1,645,498 |
| Investments—publicly traded securities | $42,632 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,068,575 |
| Accounts payable and accrued expenses | $0 |
| 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 | $227,321 |
| Total liabilities | $227,321 |
| Net assets without donor restrictions | $1,801,254 |
| Net assets with donor restrictions | $40,000 |
| 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 | $2,068,575 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Everett Inc has recieved totaling $75,260.
| Awarding Organization | Amount |
|---|---|
Welfare Foundation Inc Wilmington, DE PURPOSE: EVERETT THEATRE REPAIRS & IMPROVEMENTS. | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $260 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bretton Woods Recreation Center Inc Germantown, MD | $12,283,354 | $6,533,132 |
Jewish Community Center Of Atlantic County Margate, NJ | $9,439,064 | $6,677,274 |
Raymond And Mirim Klein Jcc Philadelphia, PA | $5,761,678 | $5,591,664 |
Kaiserman Jewish Community Ctr Haverford, PA | $3,173,049 | $4,057,949 |
West Orange Community House And Boys & Girls Club Inc West Orange, NJ | $8,113,979 | $3,159,080 |
Woods Community Center Inc Severna Park, MD | $5,541,119 | $2,298,146 |
Kingsley Association Pittsburgh, PA | $9,182,378 | $1,988,387 |
Miller Center For Recreation And Wellness Lewisburg, PA | $11,558,800 | $1,058,852 |
Al Ummah Community Center Teaneck, NJ | $2,910,123 | $1,536,521 |
Bel Air Recreation Committee Inc Bel Air, MD | $641,165 | $1,306,096 |
East End United Community Center Uniontown, PA | $972,128 | $908,982 |
Sussex Sports Center Foundation Inc Rehoboth Beach, DE | $9,347,543 | $3,592,734 |