Childrens Welfare League Inc
- Assets
- $414.7k
- Revenue
- $237.4k
- Investments
- $69.0k
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 11/1953
- Data as of
- 06/2022
- EIN
- 56-6047373
Organization Overview
Childrens Welfare League Inc is located in Asheville, NC. The organization was established in 1953. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Welfare League 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 06/2022, Childrens Welfare League Inc generated $237.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $179.9k during the year ending 06/2022. While expenses have increased by 4.8% 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.
Since 2017, Childrens Welfare League Inc has awarded 72 individual grants totaling $900,584. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE EDUCATION AND WELFARE OF UNDERPRIVILEGED CHILDREN OF THE CITY OF ASHEVILLE AND BUNCOMBE COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S WELFARE LEAGUE WORKS IN PARTNERSHIP WITH GUIDANCE COUNSELORS FROM COUNTY AND CITY HIGH SCHOOLS. COUNSELORS RECOMMEND STUDENTS IN GOOD ACADEMIC STANDING WITH A DEMONSTRATED FINANCIAL NEED. EACH STUDENT RECEIVES A MONTHLY STIPEND OF 40 WITH AN ADDITIONAL 50 FOR THE HOLIDAYS AND UPON GRADUATION. THESE STUDENTS HAVE BEEN SELECTED FROM RECOMMENDATIONS BY SCHOOL GUIDANCE COUNSELORS. THEY ARE SELECTED ON THE BASIS OF FINANCIAL NEED AND THEIR DESIRE TO ACHIEVE SCHOLASTICALLY. TYPICALLY, STUDENTS USE THE MONEY TO SUPPLEMENT BASIC NECESSITIES LIKE RENT, GROCERIES AND PERSONAL SUPPLIES. THEY ALSO USE IT FOR SCHOOL FEES, FIELD TRIPS AND, SOMETIMES, TO JUST BE ABLE TO JOIN THEIR FRIENDS IN TYPICAL TEEN ACTIVITIES LIKE A NIGHT AT THE MOVIES. IN THE ACADEMIC YEAR 2021-2022 APPROXIMATELY 265 STUDENTS TAKE PART IN THIS PROGRAM. THERE ARE WAITING LISTS AT EVERY SCHOOL. IN ADDITION TO STIPENDS, THERE ARE HIGH SCHOOL STUDENTS IN OUR COMMUNITY DETERMINED TO SUCCEED WHO FACE GREAT CHALLENGES IN THEIR LIVES: HOMELESSNESS, ABANDONMENT, AND EXTREME POVERTY. THE LEAGUE IS IN A UNIQUE POSITIONS TO HELP THEM. THROUGH OUR SOS (SUPPORT OUR STUDENTS) FUND, THE ORGANIZATION INTERVENES IN TIMES OF CRISIS. AMOUNTS PROVIDED UNDER THE SOS PROGRAM ARE INCLUDES IN AMOUNTS REPORTED PAID TO LOCAL SCHOOLS. THE CHILDREN'S WELFARE LEAGUE HAS BEEN IN EXISTENCE FOR OVER 90 YEARS. SINCE ITS FORMATION TO THE PRESENT, THERE HAS ALWAYS BEEN ONE COMMON PURPOSE: TO IMPROVE AND ENRICH THE LIVES AND EDUCATION OF THE CHILDREN IN BUNCOMBE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Livingstain Treasurer | OfficerTrustee | 2 | $0 |
Molly Russell Recording Se | OfficerTrustee | 2 | $0 |
Debbie Heffner President | OfficerTrustee | 2 | $0 |
Shelia Elingburg President El | OfficerTrustee | 2 | $0 |
Sonya Leonard Assistant Tr | OfficerTrustee | 2 | $0 |
Karen Hardy Corr Secreta | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,080 |
| Fundraising events | $148,447 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,153 |
| Total Program Service Revenue | $0 |
| Investment income | $613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,060 |
| Net Income from Fundraising Events | $5,417 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,408 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $140,984 |
| Grants and other assistance to domestic individuals. | $28,875 |
| 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 | $0 |
| 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 | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $287 |
| Fees for services: Other | $733 |
| Advertising and promotion | $0 |
| Office expenses | $6,134 |
| 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 | $1,538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $179,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,219 |
| Savings and temporary cash investments | $250,433 |
| 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 | $69,001 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $414,653 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $414,653 |
| 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 | $414,653 |
Grants Awarded
Over the last fiscal year, Childrens Welfare League Inc has awarded $140,984 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ASHEVILLE HIGH SCHOOL PURPOSE: STIPENDS | $19,841 |
AC REYNOLDS HIGH SCHOOL PURPOSE: STIPENDS | $19,271 |
CLYDE A ERWIN HIGH SCHOOL PURPOSE: STIPENDS | $18,328 |
TC ROBERSON HIGH SCHOOL PURPOSE: STIPENDS | $16,000 |
CHARLES D OWEN HIGH SCHOOL PURPOSE: STIPENDS | $15,326 |
ENKA HIGH SCHOOL PURPOSE: STIPENDS | $14,068 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Childrens Welfare League Inc has recieved totaling $7,508.
| Awarding Organization | Amount |
|---|---|
Harry F Chaddick And Elaine Chaddick Foundation Inc Chicago, IL PURPOSE: CIVIC | $5,000 |
Woodson Family Foundation Inc Asheville, NC PURPOSE: EDUCATIONAL | $2,000 |
Mills Family Foundation Inc Asheville, NC PURPOSE: PROGRAM SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $8 |
Endowment Analysis
| Beg. Balance | $78,548 |
| Earnings | -$8,814 |
| Admin Expense | $733 |
| Ending Balance | $69,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Task Force For Global Health Inc Decatur, GA | $76,441,049 | $81,653,857 |
The Accreditation Commission For Health Care Inc Cary, NC | $50,991,539 | $43,469,636 |
Alexander Youth Network Charlotte, NC | $13,951,988 | $30,286,385 |
Childrens Home Society Of North Carolina Inc Greensboro, NC | $19,407,050 | $27,175,677 |
Multi-Agency Alliance For Children Inc Atlanta, GA | $6,206,757 | $24,674,386 |
Port Health Services Greenville, NC | $13,234,691 | $26,221,937 |
Virginia Baptist Childrens Home And Family Services Salem, VA | $22,485,858 | $18,159,448 |
Black Mountain Home For Children Youth & Families Inc Black Mountain, NC | $24,547,836 | $8,011,871 |
Safe Harbor Childrens Center Inc Brunswick, GA | $5,121,939 | $4,772,587 |
Wings For Kids Charleston, SC | $5,282,817 | $5,572,457 |
The Relatives Inc Charlotte, NC | $10,931,740 | $4,539,986 |
Charleston Orphan House Inc North Charleston, SC | $5,350,483 | $3,841,740 |