Cherry Blossom Vacations Inc
- Assets
- $270.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- Data as of
- 12/2023
- EIN
- 86-2931096
Organization Overview
Cherry Blossom Vacations Inc is located in Silver Spring, MD. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. Cherry Blossom Vacations 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 12/2023, Cherry Blossom Vacations Inc generated $158.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $3.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONTINUED FUNDRAISING TOWARDS THE PURCHASE OF A VACATION HOME TO BE OWNED BY CHERRY BLOSSOM VACATIONS, INC. WHICH WILL BE USED FOR NO-COST VACATION STAYS FOR ADOPTIVE, FOSTER AND SPECIAL NEEDS FAMILIES. ADDITIONALLY, SERVED 8 ADOPTIVE/FOSTER/SPECIAL NEEDS FAMILIES IN 2023 BY GIFTING NO-COST VACATION STAYS AT VACATION HOMES AROUND THE UNITED STATES. EXPENSES INCLUDE: CLEANING OF GETAWAY VACATION HOMES $930, POSTAGE $191, FEES AND SUBSCRIPTIONS $386, ADVERTISING $333, OFFICE EXPENSE $198, INSURANCE $627, CREDIT CARD FEES $626.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Perso Board Chairperson And Executive Director | 1.5 | $0 | |
Louise Reid Nichols Board Member | 0.5 | $0 | |
Rayline Manni Board Member | 0.5 | $0 | |
Nicole Brink Secretary/vice Chair | 0.5 | $0 | |
Jillayne Krogel Board Member | 0.5 | $0 | |
Alicia Lawrence Board Member/getaways Coordinator | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,057 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,364 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,175 |
| Other Revenue | $0 |
| Total Revenue | $158,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,291 |
| Total expenses | $3,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $270,643 |
| Other assets | $0 |
| Total assets | $270,643 |
| Total liabilities | $0 |
| Net assets or fund balances | $270,643 |