CHILDREN'S BEACH HOUSE INC

EIN: 510070966 501(c)(3)

LEWES, DE

Total Revenue
$3,800,811
Total Expenses
$4,010,207
Total Assets
$18,015,187
Net Assets
$17,356,004
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
DE
Principal Officer
RICHARD T GARRETT
Phone
3026554288
Tax Period
2024-10-01 to 2025-09-30

CHILDREN'S BEACH HOUSE INC, founded in 1937, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $17.4M represent 55 months of operating reserves.

Mission

CHILDREN'S BEACH HOUSE FULFILLS LYDIA CHICHESTER DUPONT'S DIRECTIVE TO IMPROVE THE LIVES OF CHILDREN, YOUTH, FAMILIES, AND COMMUNITIES BY HELPING THEM TO IDENTIFY, UNDERSTAND, AND UTILIZE THEIR OWN STRENGTHS, TALENTS, AND RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $1,892,224

THE YOUTH DEVELOPMENT PROGRAM SERVES CHILDREN AGE 7 TO 18 AND SEEKS TO STRENGTHEN THE TIME-TESTED SUPPORTS THAT REDUCE RISKS AND FOSTER RESILIENCE IN CHILDREN AND YOUTH. THE PROGRAM DIRECTS A GREAT...

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THE YOUTH DEVELOPMENT PROGRAM SERVES CHILDREN AGE 7 TO 18 AND SEEKS TO STRENGTHEN THE TIME-TESTED SUPPORTS THAT REDUCE RISKS AND FOSTER RESILIENCE IN CHILDREN AND YOUTH. THE PROGRAM DIRECTS A GREAT DEAL OF TIME AND ENERGY TO CULTIVATE AND SAFEGUARD RELATIONSHIPS WITHIN THE FAMILY.

Program 2
Expenses: $515,003 Revenue: $389,249

GREATER GOOD EVENTS IS A SOCIAL ENTERPRISE DESIGNED TO RAISE AWARENESS OF THE CHILDREN'S BEACH HOUSE PROGRAMS AND PROVIDE OPPORTUNITIES FOR CHILDREN'S BEACH HOUSE PARTICIPANTS TO EXPLORE FOOD...

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GREATER GOOD EVENTS IS A SOCIAL ENTERPRISE DESIGNED TO RAISE AWARENESS OF THE CHILDREN'S BEACH HOUSE PROGRAMS AND PROVIDE OPPORTUNITIES FOR CHILDREN'S BEACH HOUSE PARTICIPANTS TO EXPLORE FOOD SERVICE/HOSPITALITY CAREERS AND TO GAIN MARKETABLE JOB SKILLS.

Program 3
Expenses: $793,915 Revenue: $249,164

THE MARGARET H. ROLLINS CHILD DEVELOPMENT CENTER PROVIDES HIGH QUALITY PRESCHOOL EDUCATION AND WRAP AROUND SERVICES IN A BEST PRACTICES APPROACH TO SUPPORT CHILDREN WITH SPEECH AND LANGUAGE DELAYS...

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THE MARGARET H. ROLLINS CHILD DEVELOPMENT CENTER PROVIDES HIGH QUALITY PRESCHOOL EDUCATION AND WRAP AROUND SERVICES IN A BEST PRACTICES APPROACH TO SUPPORT CHILDREN WITH SPEECH AND LANGUAGE DELAYS AND/OR HEARING DISABILITIES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,754,976
Program Service Revenue $662,736
Investment Income $320,683
Other Revenue $62,416
TOTAL REVENUE $3,800,811

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,594,975
Fundraising Expenses $458,149
Program Expenses $3,328,114
Other Expenses $1,415,232
TOTAL EXPENSES $4,010,207

Year-over-Year Comparison

2024 2023 Change
Revenue $3,800,811 $5,095,114 -0.3%
Expenses $4,010,207 $3,550,280 +0.1%
Net Income $-209,396 $1,544,834 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
22
Employees
110
Volunteers
111

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
6
$319,267
Total Directors
23
$2,223
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS F SHERIDAN PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL J HOGAN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MARK R HUTTON TREASURER 5.00
Officer Director
$0 $0 $0
PAULA S JANSSEN SECRETARY 5.00
Officer Director
$0 $0 $0
ELLISON M CAREY TRUSTEE 5.00
Director
$0 $0 $0
HON WILLIAM C CARPENTER JR TRUSTEE 5.00
Director
$0 $0 $0
MARY M CULLEY ESQ TRUSTEE 5.00
Director
$0 $0 $0
JEFFREY M FRIED TRUSTEE 5.00
Director
$0 $0 $0
ALEXIS GAHAGAN TRUSTEE 5.00
Director
$0 $0 $0
SARAH I GORE TRUSTEE 5.00
Director
$0 $0 $0
LORRIE H GRAYSON TRUSTEE 5.00
Director
$0 $0 $0
JEAN T HITCHENS TRUSTEE 5.00
Director
$0 $0 $0
ILONA E HOLLAND ED D TRUSTEE 5.00
Director
$0 $0 $0
D PRESTON LEE JR TRUSTEE 5.00
Director
$0 $0 $0
ERNESTO LOPEZ EDD TRUSTEE 5.00
Director
$0 $0 $0
CONSTANCE MARSHALL MILLER TRUSTEE 5.00
Director
$2,223 $0 $2,223
THOMAS P MCDONALD TRUSTEE 5.00
Director
$0 $0 $0
ELYSE F MOORE TRUSTEE 5.00
Director
$0 $0 $0
JAIDEEP MULCHANDANI TRUSTEE 5.00
Director
$0 $0 $0
BERNADETTE POLINSKI TRUSTEE 5.00
Director
$0 $0 $0
JOHN SCHULTZ ESQ TRUSTEE 5.00
Director
$0 $0 $0
STACY SHAMBURGER TRUSTEE 5.00
Director
$0 $0 $0
DAVID A WHITE ESQ TRUSTEE 5.00
Director
$0 $0 $0
RICHARD T GARRETT EXECUTIVE DIRECTOR 40.00
Officer
$160,295 $25,253 $185,548
PATRICE TOSI VICE PRESIDENT OF FINANCE 40.00
Officer
$121,200 $12,519 $133,719
ANTHONY ORMAN CHIEF OPERATING OFFICER 40.00
Highest
$106,875 $11,004 $117,879
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
2025 $3,800,811 $4,010,207 $18,015,187 $-209,396
2024 $5,095,114 $3,550,280 $17,210,825 $1,544,834
2023 $4,110,738 $3,300,788 $13,952,255 $809,950
2022 $3,085,195 $2,754,327 $12,416,413 $330,868
2021 $2,446,544 $2,199,204 $14,014,176 $247,340
2020 $4,209,937 $2,421,235 $12,381,590 $1,788,702
2019 $2,454,229 $2,662,484 $9,821,660 $-208,255
2018 $2,426,328 $2,600,954 $10,081,517 $-174,626
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