PEOPLES SETTLEMENT ASSOCIATION

EIN: 510065742 501(c)(3)

WILMINGTON, DE

Total Revenue
$201,916
Total Expenses
$241,827
Total Assets
$65,073
Net Assets
$36,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1901
Legal Domicile
DE
Principal Officer
SANDRA L BALLARD
Tax Period
2023-01-01 to 2023-12-31

PEOPLES SETTLEMENT ASSOCIATION, founded in 1901, is a small nonprofit that reported $202K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $242K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROVIDE A VARIETY OF SERVICES TO THE RESIDENTS OF WILMINGTON WHICH ARE AIMED AT IMPROVING THEIR LIVES. THESE SERVICES ARE IN THE AREAS OF DIRECT SERVICES TO SENIOR CITIZENS AND THE PROVISION OF SPACE FOR PARTIES, CLASSES, AND CULTURAL ORGANIZATION MEETINGS.

Program Service Accomplishments

Program 1
Expenses: $178,283

PROVIDE DAILY MEALS AND RECREATIONAL ACTIVITIES AT THE SENIOR CENTER, AS WELL AS WEEKLY TRIPS FOR SENIOR CITIZENS IN THE NEIGHBORHOD. ALSO PROVIDE DAILY MEAL DELIVERIES TO RESIDENTS IN NEED AND...

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PROVIDE DAILY MEALS AND RECREATIONAL ACTIVITIES AT THE SENIOR CENTER, AS WELL AS WEEKLY TRIPS FOR SENIOR CITIZENS IN THE NEIGHBORHOD. ALSO PROVIDE DAILY MEAL DELIVERIES TO RESIDENTS IN NEED AND PROVIDE PERIODIC TRANSPORTATION TO DOCTORS APPOINTMENTS, SHOPPING TRIPS, AND EDUCATIONAL AND RECREATIONAL ACTIVITIES

Program 2
Expenses: $7,727 Revenue: $59,435

RENT OUT OFFICE MEETING SPACE TO OTHER NON-PROFIT ORGANIZATIONS AND INDIVIDUALS IN NEED. ALSO RENT SPACE FOR DANCE LESSONS, BIRTHDAY PARTIES, WEDDING AND BABY SHOWERS, CHURCH SERVICES, AND OTHER...

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RENT OUT OFFICE MEETING SPACE TO OTHER NON-PROFIT ORGANIZATIONS AND INDIVIDUALS IN NEED. ALSO RENT SPACE FOR DANCE LESSONS, BIRTHDAY PARTIES, WEDDING AND BABY SHOWERS, CHURCH SERVICES, AND OTHER SOCIAL EVENTS OF INTEREST TO THE COMMUNITY. WE ALSO OFFER DISCOUNTED MONTHLY PARKING IN OUR PARKING LOT.

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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 $140,982
Program Service Revenue $5,048
Investment Income $0
Other Revenue $55,886
TOTAL REVENUE $201,916

Expense Breakdown

Grants Paid $25
Salaries & Benefits $64,981
Fundraising Expenses $0
Program Expenses $186,010
Other Expenses $176,821
TOTAL EXPENSES $241,827

Year-over-Year Comparison

2023 2022 Change
Revenue $201,916 $464,741 -0.6%
Expenses $241,827 $296,482 -0.2%
Net Income $-39,911 $168,259 -1.2%
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
6
Independent Members
6
Employees
4
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
4
$0
Total Directors
10
$62,587
Key Employees
1
$32,800
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDRA L BALLARD EXECUTIVE DIRECTOR 040.00
Director Key Emp Highest
$32,800 $0 $32,800
WILLARD J CAPES DRIVER 056.00
Director
$25,028 $0 $25,028
SHARON M JAMES SR CENTER COORDINATOR 025.00
Director
$3,994 $0 $3,994
MICHAEL K JOHNSON SR CENTER COORDINATOR 025.00
Director
$765 $0 $765
VALERIE SHARP PRESIDENT, BOARD OF DIRECTORS 005.00
Officer Director
$0 $0 $0
EDWINA BELL VICE-PRESIDENT, BOARD OF DIRECTORS 005.00
Officer Director
$0 $0 $0
DR JOHN BYRD BOARD OF DIRECTORS 005.00
Officer Director
$0 $0 $0
SUMMER ROSE TREASURER 005.00
Officer Director
$0 $0 $0
NANCY WHEELER SECRETARY 005.00
Director
$0 $0 $0
ERIC D YOUNG DRIVER 003.00
Director
$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 $201,916 $241,827 $65,073 $-39,911
2022 $464,741 $296,482 $116,237 $168,259
2021 $252,959 $292,156 $231,949 $-39,197
2020 $260,934 $267,669 $409,730 $-6,735
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