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← BELIEVE IN TOMORROW NATIONAL CHILDRENS FOUNDATION INC

Form 990 for tax year 2023

Filed by BELIEVE IN TOMORROW NATIONAL CHILDRENS FOUNDATION INC.

Totals

Total revenue
$4,964,945
Total expenses
$1,755,657
Contributions and grants received
$4,365,886
Grants paid
$184,850
Program service revenue
$0
Investment income
$188,616
Other revenue
$410,443
Total assets, end of year
$12,376,534
Total liabilities, end of year
$203,961
Net assets or fund balances, end of year
$12,172,573
Program services expenses (Part IX)
$1,608,750
Management and general expenses
$84,648
Fundraising expenses
$62,259
Program service expenses (Part III)
$1,608,750

Program services were 91.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $45,661

  • 1c · Fundraising events

    $284,816

  • 1e · Government grants (contributions)

    $302,115

  • 1f · All other contributions, gifts and grants

    $3,733,294

  • 1g · Noncash contributions included above

    $481,223

  • 3 · Investment income

    total $188,616 · excluded $188,616

  • 8a · Fundraising events: gross income

    $562,281

  • 8a · Fundraising events: contributions included on line 1c

    $284,816

  • 8b · Fundraising events: direct expenses

    $207,647

  • 8c · Net income from fundraising events

    total $354,634 · excluded $354,634

  • 9a · Gaming: gross income

    $120,909

  • 9b · Gaming: direct expenses

    $65,100

  • 9c · Net income from gaming

    total $55,809 · excluded $55,809

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $184,850 · program services $184,850

  • 5 · Compensation of officers, directors and key employees

    total $218,958 · program services $195,311 · management and general $13,356 · fundraising $10,291

  • 7 · Other salaries and wages

    total $305,671 · program services $272,658 · management and general $18,646 · fundraising $14,367

  • 8 · Pension plan contributions

    total $10,776 · program services $9,612 · management and general $657 · fundraising $507

  • 9 · Other employee benefits

    total $71,139 · program services $63,456 · management and general $4,340 · fundraising $3,343

  • 10 · Payroll taxes

    total $37,762 · program services $33,684 · management and general $2,303 · fundraising $1,775

  • 11b · Fees: legal

    total $11,096 · program services $8,322 · management and general $1,387 · fundraising $1,387

  • 11c · Fees: accounting

    total $78,750 · program services $59,062 · management and general $9,844 · fundraising $9,844

  • 11g · Fees: other

    total $41,583 · program services $31,187 · management and general $5,198 · fundraising $5,198

  • 12 · Advertising and promotion

    total $3,195 · program services $2,556 · management and general $160 · fundraising $479

  • 13 · Office expenses

    total $38,554 · program services $35,109 · management and general $2,564 · fundraising $881

  • 16 · Occupancy

    total $78,503 · program services $76,987 · management and general $1,213 · fundraising $303

  • 17 · Travel

    total $19,691 · program services $19,333 · management and general $239 · fundraising $119

  • 20 · Interest

    total $4,125 · program services $3,713 · management and general $330 · fundraising $82

  • 22 · Depreciation, depletion and amortization

    total $132,529 · program services $129,149 · management and general $2,704 · fundraising $676

  • 23 · Insurance

    total $64,272 · program services $54,970 · management and general $8,837 · fundraising $465

  • 24a · Other expenses: RESIDENT ACTIVITIES

    total $311,143 · program services $311,143

  • 24b · Other expenses: JANITORIAL

    total $38,612 · program services $38,160 · management and general $362 · fundraising $90

  • 24c · Other expenses: MAINTENANCE AND REPAIRS

    total $36,441 · program services $35,373 · management and general $854 · fundraising $214

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $24,750 · program services $20,913 · management and general $3,742 · fundraising $95

  • 24e · All other expenses

    total $43,257 · program services $23,202 · management and general $7,912 · fundraising $12,143

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,155 · end of year $579

  • 2 · Savings and temporary cash investments

    beginning of year $3,980,741 · end of year $6,987,226

  • 3 · Pledges and grants receivable

    beginning of year $23,997 · end of year $23,405

  • 4 · Accounts receivable

    beginning of year $56,704 · end of year $357,641

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,144 · end of year $49,778

  • 10a · Land, buildings and equipment: cost or other basis

    $6,555,527

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,041,257

  • 10c · Land, buildings and equipment, net

    beginning of year $4,581,467 · end of year $4,514,270

  • 15 · Other assets

    beginning of year $467,257 · end of year $443,635

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,877 · end of year $53,961

  • 19 · Deferred revenue

    beginning of year $30,023

  • 23 · Secured mortgages and notes payable

    beginning of year $150,000 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $8,902,292 · end of year $12,142,100

  • 28 · Net assets with donor restrictions

    beginning of year $40,273 · end of year $30,473

Mission and programs · 2023

Mission

THE BELIEVE IN TOMORROW CHILDREN'S FOUNDATION PROVIDES EXCEPTIONAL HOSPITAL AND RESPITE HOUSING SERVICES TO CRITICALLY ILL CHILDREN AND THEIR FAMILIES. WE BELIEVE IN KEEPING FAMILIES TOGETHER DURING A CHILD'S MEDICAL CRISIS, AND THAT THE GENTLE CADENCE OF NORMAL FAMILY LIFE HAS A POWERFUL INFLUENCE ON THE HEALING PROCESS. WE BELIEVE THAT THE HIGHEST STANDARDS OF SERVICE AND UNPARALLELED HOSPITALITY HELP TO CREATE A UNIQUE HEALING ENVIRONMENT, WHERE FAMILIES FIND HOPE AND COMFORT.

Activities or mission (Part I)

PEDIATRIC HOSPITAL AND RESPITE HOUSING SERVICES TO CRITICALLY ILL CHILDREN AND THEIR FAMILIES.

  • CHILDREN'S HOUSINGAS A WORLD LEADER IN PEDIATRIC HOSPITAL AND RESPITE HOUSING, BELIEVE IN TOMORROW PROVIDES CRITICALLY ILL CHILDREN AND THEIR FAMILIES AN ESCAPE FROM THE STRESSFUL ROUTINE OF MEDICAL TREATMENTS. RESPITE HOUSING OFFERS A RELAXING VACATION SETTING AND A WIDE RANGE OF ACTIVITIES, WHERE FAMILIES CAN RENEW THEIR ENERGY AND SPIRIT BY SPENDING QUALITY TIME TOGETHER. HOSPITAL HOUSING PROVIDES ACCOMMODATIONS TO FAMILIES TRAVELING FROM THROUGHOUT THE UNITED STATES AND THE WORLD, WHO ARE SEEKING MEDICAL TREATMENT AT JOHNS HOPKINS CHILDREN'S CENTER. ALL HOUSING IS PROVIDED FREE OF CHARGE TO FAMILIES.BELIEVE IN TOMORROW OWNS AND OPERATES SIX RESPITE HOUSING PROPERTIES: BELIEVE IN TOMORROW HOUSE BY THE SEA AND BELIEVE IN TOMORROW HOUSE ON THE BAY, BOTH LOCATED IN OCEAN CITY, MARYLAND; BELIEVE IN TOMORROW HOUSE ON FENWICK ISLAND, LOCATED ON FENWICK ISLAND, DELAWARE; BELIEVE IN TOMORROW HOUSE ON WISP MOUNTAIN, AND BELIEVE IN TOMORROW HOUSE AT DEEP CREEK LAKE, CO-LOCATED IN THE WISP MOUNTAIN RESORT IN MCHENRY, MARYLAND; AND BELIEVE IN TOMORROW HOUSE AT PINNACLE FALLS, LOCATED JUST OUTSIDE ASHEVILLE, NORTH CAROLINA. BELIEVE IN TOMORROW OWNS AND OPERATES THE CHILDREN'S HOUSE AT JOHNS HOPKINS WHICH IS LOCATED ON THE PROPERTY OF JOHNS HOPKINS HOSPITAL. OPENED IN 1993, THIS HOSPITAL HOUSING FACILITY PROVIDES AN AVERAGE OF 2,000 INDIVIDUAL OVERNIGHT ACCOMMODATIONS PER MONTH. THE PURPOSE OF THE HOSPITAL HOUSING PROGRAM IS TO KEEP FAMILIES TOGETHER IN THE MIDST OF MEDICAL CRISIS, TO REDUCE STRESS AND PROMOTE SELF-HELP AND MUTUAL SUPPORT. YOUNG PEOPLE WHO RECEIVE MEDICAL TREATMENT AWAY FROM HOME NEED THE EMOTIONAL SUPPORT OF THEIR FAMILIES. THOSE FAMILIES NEED A "HOME-AWAY-FROM-HOME," WHERE THEY CAN RESTORE THEIR OWN PHYSICAL AND EMOTIONAL ENERGIES.

    Expenses $1,608,750 · Grants $184,850

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Christie Hunter

    SECRETARY/TREASURER/CFO

    Total calculated
    $88,982
    From this org
    $78,000
    From related orgs
    $0
    Other
    $10,982
    Hours/week
    30 + 10 related

  • Brian Morrison

    PRESIDENT

    Total calculated
    $60,021
    From this org
    $52,308
    From related orgs
    $0
    Other
    $7,713
    Hours/week
    30 + 10 related

  • Richard E McCready

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • David Reymann

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • Tom Delaney

    PARENT REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • David Amick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dorsey Baldwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Caplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Elkin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Buck Mann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Murphy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Howard Perlow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dave Pruitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Reese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Seibert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jackie Siejack

    DIRECTOR (THRU 9/1/23)

    Total calculated
    $0
    Hours/week
    1

  • Michael Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keith Truffer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Scott Vogt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Doug Widlake

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Linda Abell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Guckert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cole Mangum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Yvonne Mrha

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Gaulin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maryanne Davis

    CEO

    Total calculated
    $108,126
    From this org
    $88,650
    From related orgs
    $0
    Other
    $19,476
    Hours/week
    30 + 10 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
19 September 2024
IRS schema version
2023v5.1
Source object
202412649349300916

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