Cherry Hill Eagles Foundation Inc

EIN: 471063964 501(c)(3) Youth Development

Brooklyn, MD

Total Revenue
$271,889
Total Expenses
$192,763
Total Assets
$228,218
Net Assets
$228,218
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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MD
Principal Officer
Kenneth Brown
Tax Period
2023-01-01 to 2023-12-31

Cherry Hill Eagles Foundation Inc, founded in 2014, is a small nonprofit in the Youth Development sector that reported $272K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 29% operating margin.

Mission

Tax exempt purposeEstablish, fund, manage and encourange youth sports in under-privileged urban areas as well as develop and operate youth mentorship and youth development program. We also strive to assist parents with wrapparound service to support the entire family.

Program Service Accomplishments

Program 1
Expenses: $192,763

Enhanced youth sports program that serves as the nucleus to bring youth and their families to our programing where they receive other important wrap-around services. We instll high moral standards...

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Enhanced youth sports program that serves as the nucleus to bring youth and their families to our programing where they receive other important wrap-around services. We instll high moral standards into our youth by stressing the importance of academic achievement and community involvement that will extend beyond the field into their future endeavors. This year we had more than 180 football players and 30 cheerleaders along with coaches and other volunteers. We also had a successful outcome with our mentoring and development programing that served more than 200 youth and their parents in the Cherry Hill community of Baltimore City. This program was individualied mentorship to reduce chronic school absenteeism, peer to peer counseling, family advocacy, food share programs, academic support and college preparation. This has helped us build and mainteained our great working relastionship with all the leaders of the schools located in our community. We also completed most of the construction of our Youth Devlopment and Resource cCenter. This will serve as the hub for all of our programing in the future. This will be the first of its kind in the Cherry Hill (Baltimore City) community and will host all our new expanded programing.

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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 (2023)

Revenue Breakdown

Contributions & Grants $271,889
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $271,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,052
Fundraising Expenses $0
Program Expenses $192,763
Other Expenses $119,711
TOTAL EXPENSES $192,763

Year-over-Year Comparison

2023 2022 Change
Revenue $271,889 $125,294 +1.2%
Expenses $192,763 $125,294 +0.5%
Net Income $79,126 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
2
Volunteers
20

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Erika Chase Treasurer 15.00
Officer
$0 $0 $0
Eric Hicks Secretary 15.00
Officer
$0 $0 $0
Kenneth Brown President 40.00
Officer
$0 $0 $0
Kin Lane Vice President 15.00
Officer
$0 $0 $0
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 No data No data No data No data
2023 $271,889 $192,763 $228,218 $79,126
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