CHILDREN & FAMILIES FIRST ENDOWMENT INC

EIN: 271705610 501(c)(3) Human Services

WILMINGTON, DE

Total Revenue
$105,984
Total Expenses
$19,607
Total Assets
$3,705,831
Net Assets
$3,705,831
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
DE
Principal Officer
KIMBERLY KLEIN
Phone
3026585177
Tax Period
2024-01-01 to 2024-12-31

CHILDREN & FAMILIES FIRST ENDOWMENT INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $106K in total revenue in fiscal year 2024. The organization ran a surplus of $86K, a strong 82% operating margin.

Mission

CHILDREN & FAMILIES FIRST ENDOWMENT INC.'S (CFFE) SOLE PURPOSE IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CHILDREN & FAMILIES FIRST DELAWARE INC., AN ORGANIZATION DESCRIBED IN SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THE ACTIVITIES OF CFFE WILL BE TO HOLD AND MANAGE THE ENDOWMENT ASSETS OF CHILDREN AND FAMILIES FIRST DELAWARE INC. ADDITIONALLY, CFFE WILL ENGAGE IN A VARIETY OF FUNDRAISING ACTIVITIES WHICH MAY INCLUDE FOUNDATION, CORPORATE AND INDIVIDUAL SOLICITATIONS AND SPECIAL EVENTS. PROCEEDS FROM ACTIVITIES OF THE CORPORATION WILL EITHER BE REINVESTED IN THE ENDOWMENT FOR FUTURE USE BY CHILDREN & FAMILIES FIRST DELAWARE INC. OR DISTRIBUTED TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $105,984
Other Revenue $0
TOTAL REVENUE $105,984

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $19,607
TOTAL EXPENSES $19,607

Year-over-Year Comparison

2024 2023 Change
Revenue $105,984 $100,836 +0.1%
Expenses $19,607 $20,463 0.0%
Net Income $86,377 $80,373 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$388,953
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE MAGNUSSON MEMBER 0.00
Director
$0 $0 $0
JEFFERY S SILLS PRESIDENT 1.50
Officer Director
$0 $0 $0
PAUL L MCCOMMONS VICE PRESIDENT 1.50
Officer Director
$0 $0 $0
PETE LUTUS SECRETARY 1.50
Officer Director
$0 $0 $0
WILLIAM BOWLSBEY MEMBER 1.00
Director
$0 $0 $0
BRIAN MAXWELL CHIEF FINANCIAL OFFICER 5.00
Officer
$0 $8,371 $170,099
KIRSTEN OLSON CHIEF EXECUTIVE OFFICER 5.00
Officer
$0 $15,963 $218,854
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $105,984 $19,607 $3,705,831 $86,377
2023 $100,836 $20,463 $3,413,329 $80,373
2022 $91,394 $19,628 $3,095,891 $71,766
2021 $72,653 $21,540 $3,625,506 $51,113
2020 $60,279 $19,181 $3,305,609 $41,098
2019 $87,075 $18,355 $3,105,126 $68,720
2018 $70,690 $16,669 $2,671,812 $54,021
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