Skip to content
Nonprofiteer
← THE MARYLAND SALEM CHILDRENS TRUST INC

Form 990 for tax year 2023

Filed by THE MARYLAND SALEM CHILDRENS TRUST INC.

Totals

Total revenue
$119,540
Total expenses
$370,305
Contributions and grants received
$97,510
Grants paid
$0
Program service revenue
$0
Investment income
$22,030
Other revenue
$0
Total assets, end of year
$2,421,152
Total liabilities, end of year
$1,393,294
Net assets or fund balances, end of year
$1,027,858
Program services expenses (Part IX)
$40,629
Management and general expenses
$329,676
Fundraising expenses
$0
Program service expenses (Part III)
$40,629

Program services were 11.0% 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.

  • 1f · All other contributions, gifts and grants

    $97,510

  • 3 · Investment income

    total $22,030 · excluded $22,030

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $3,500 · management and general $3,500

  • 16 · Occupancy

    total $50,721 · program services $10,429 · management and general $40,292

  • 17 · Travel

    total $6,092 · management and general $6,092

  • 20 · Interest

    total $60,000 · management and general $60,000

  • 22 · Depreciation, depletion and amortization

    total $91,991 · management and general $91,991

  • 23 · Insurance

    total $39,575 · management and general $39,575

  • 24a · Other expenses: PRINTING & PUBLICATIONS

    total $47,630 · management and general $47,630

  • 24b · Other expenses: PROF SERVICES

    total $30,200 · program services $30,200

  • 24c · Other expenses: CONTRACTED SERVICES

    total $25,383 · management and general $25,383

  • 24d · Other expenses: SUPPLIES

    total $15,213 · management and general $15,213

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $147,539 · end of year $87,738

  • 2 · Savings and temporary cash investments

    beginning of year $741,239 · end of year $621,303

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

    $3,996,983

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

    $2,287,415

  • 10c · Land, buildings and equipment, net

    beginning of year $1,783,225 · end of year $1,709,568

  • 15 · Other assets

    beginning of year $0 · end of year $2,543

  • 17 · Accounts payable and accrued expenses

    beginning of year $86 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $1,393,294 · end of year $1,393,294

  • 27 · Net assets without donor restrictions

    beginning of year $1,278,623 · end of year $1,027,858

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

PROVIDES HOME, FAMILY, THERAPY AND EDUCATIONAL SERVICES TO CHILDREN IN NEED. PROGRAM FOCUSES ON LIFE SKILLS DEVELOPMENT AND CHARACTER FORMATION. BOTH FAMILY RESTORATION AND THE PROVISION OF A PERMANENT HOME BASE ARE OFFERED TO ALL CHILDREN.

Activities or mission (Part I)

PROVIDE HOME FOR ABUSED, NEGLECTED, & HOMELESS CHILDREN

  • BASIC CARE - BASIC CHILD CARE, HOUSING & SHELTER, CLOTHING, FOOD, ETC., BASIC MEDICAL AND HEALTH CARE AND SOCIAL COUNSELING FOR FOSTER CHILDREN

    Expenses $40,629

As filed on the 2023 return.

Listed in Part VII

  • Merlin Beitzel

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Bill Yoder

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jim Laurita

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Matuga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Ogline

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
29 January 2025
IRS schema version
2023v6.0
Source object
202500309349300805

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.