B2W2

EIN: 271705781 501(c)(3) Human Services

WILMINGTON, DE

Total Revenue
$672,063
Total Expenses
$829,078
Total Assets
$2,894,144
Net Assets
$2,379,303
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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

B2W2, founded in 2010, is a small nonprofit in the Human Services sector that reported $672K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $829K exceeded revenue, resulting in a 23% operating deficit.

Mission

B2W2 INC.'S 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. IN CONFORMITY WITH THE FOREGOING, THE ACTIVITIES OF B2W2 INC. WILL BE TO PROVIDE FACILITIES, VEHICLES AND EQUIPMENT 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 $930
Investment Income $8,760
Other Revenue $662,373
TOTAL REVENUE $672,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $11,541
Program Expenses $554,269
Other Expenses $829,078
TOTAL EXPENSES $829,078

Year-over-Year Comparison

2024 2023 Change
Revenue $672,063 $829,791 -0.2%
Expenses $829,078 $893,645 -0.1%
Net Income $-157,015 $-63,854 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
ANTHONY J LEWIS VICE PRESIDENT 0.70
Officer Director
$0 $0 $0
CASEY E MCCABE PRESIDENT 0.80
Officer Director
$0 $0 $0
JAY PIERSON III MEMBER 0.70
Director
$0 $0 $0
THOMAS P COLLINS ESQ SECRETARY 0.70
Officer Director
$0 $0 $0
JOHN MRAZ MEMBER 0.50
Director
$0 $0 $0
BRIAN MAXWELL CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $8,371 $170,099
KIRSTEN OLSON CHIEF EXECUTIVE OFFICER 1.00
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 $672,063 $829,078 $2,894,144 $-157,015
2023 $829,791 $893,645 $3,255,995 $-63,854
2022 $945,929 $833,825 $3,377,020 $112,104
2021 $643,100 $656,601 $2,744,694 $-13,501
2020 $742,136 $563,290 $4,946,131 $178,846
2019 $662,456 $745,685 $4,982,192 $-83,229
2018 $712,758 $926,373 $4,703,546 $-213,615
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