CHILDREN'S BEACH HOUSE INC

EIN: 510070966 501(c)(3)

WILMINGTON, DE

Total Revenue
$5,095,114
Total Expenses
$3,550,280
Total Assets
$17,210,825
Net Assets
$16,573,087
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
DE
Principal Officer
RICHARD T GARRETT
Phone
3026554288
Tax Period
2023-10-01 to 2024-09-30

CHILDREN'S BEACH HOUSE INC, founded in 1937, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 30% operating margin.

Mission

TO IMPROVE THE LIVES OF CHILDREN, YOUTH, FAMILIES, AND COMMUNITIES BY HELPING THEM TO IDENTIFY, UNDERSTAND, AND UTILIZE THEIR OWN STRENGTHS, TALENTS, AND RESOURCES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,086,995
Program Service Revenue $676,405
Investment Income $318,125
Other Revenue $13,589
TOTAL REVENUE $5,095,114

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,313,996
Fundraising Expenses $268,012
Program Expenses $3,123,828
Other Expenses $1,236,284
TOTAL EXPENSES $3,550,280

Year-over-Year Comparison

2023 2022 Change
Revenue $5,095,114 $4,110,738 +0.2%
Expenses $3,550,280 $3,300,788 +0.1%
Net Income $1,544,834 $809,950 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
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
7
$423,807
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS F SHERIDAN PRESIDENT 5.00
Officer Director
$0 $0 $0
MARY M CULLEY ESQ VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MICHAEL J HOGAN 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
KAREN B FALK TRUSTEE 5.00
Director
$0 $0 $0
LINDA M FISCHER TRUSTEE 5.00
Director
$0 $0 $0
ALEXIS DUPONT 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 EDD TRUSTEE 5.00
Director
$0 $0 $0
MARK HUTTON TRUSTEE 5.00
Director
$0 $0 $0
D PRESTON LEE JR TRUSTEE 5.00
Director
$0 $0 $0
THOMAS MCDONALD TRUSTEE 5.00
Director
$0 $0 $0
CONSTANCE M MILLER TRUSTEE 5.00
Director
$0 $0 $0
ELYSE F MOORE TRUSTEE 5.00
Director
$0 $0 $0
BERNADETTE POLINSKI TRUSTEE 5.00
Director
$0 $0 $0
JOHN F 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 50.00
Officer
$151,779 $23,179 $174,958
PATRICE TOSI VICE PRESIDENT OF FINANCE 40.00
Officer
$121,185 $11,326 $132,511
ANTHONY ORMAN CHIEF OPERATING OFFICER 50.00
Officer
$106,875 $9,463 $116,338
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 $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
Explore More Nonprofits
→Top 100 Nonprofits in Delaware →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHILDREN'S BEACH HOUSE INC with other nonprofits in Delaware and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.