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← BELIEVE IN TOMORROW NATIONAL CHILDRENS FOUNDATION INC

Form 990 for tax year 2025

Filed by BELIEVE IN TOMORROW NATIONAL CHILDRENS FOUNDATION INC.

Totals

Total revenue
$12,293,766
Total expenses
$1,824,704
Contributions and grants received
$11,460,670
Grants paid
$0
Program service revenue
$0
Investment income
$335,915
Other revenue
$497,181
Total assets, end of year
$23,191,702
Total liabilities, end of year
$340,797
Net assets or fund balances, end of year
$22,850,905
Program services expenses (Part IX)
$1,678,959
Management and general expenses
$85,354
Fundraising expenses
$60,391
Program service expenses (Part III)
$1,678,959

Program services were 92.0% 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.

  • 1a · Federated campaigns

    $54,679

  • 1c · Fundraising events

    $240,729

  • 1f · All other contributions, gifts and grants

    $11,165,262

  • 1g · Noncash contributions included above

    $368,098

  • 3 · Investment income

    total $335,915 · excluded $335,915

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $600

  • 6c · Rental income or loss

    real property $600 · personal property $0

  • 6d · Net rental income or loss

    total $600 · excluded $600

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $453,153

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

    $240,729

  • 8b · Fundraising events: direct expenses

    $150,798

  • 8c · Net income from fundraising events

    total $302,355 · excluded $302,355

  • 9a · Gaming: gross income

    $143,416

  • 9b · Gaming: direct expenses

    $76,030

  • 9c · Net income from gaming

    total $67,386 · excluded $67,386

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $126,840 · related or exempt $126,840

  • 11e · Other revenue, total

    $126,840

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $270,529 · program services $245,099 · management and general $13,256 · fundraising $12,174

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $414,890 · program services $375,890 · management and general $20,330 · fundraising $18,670

  • 8 · Pension plan contributions

    total $14,140 · program services $12,759 · management and general $702 · fundraising $679

  • 9 · Other employee benefits

    total $80,686 · program services $72,091 · management and general $4,371 · fundraising $4,224

  • 10 · Payroll taxes

    total $50,812 · program services $45,849 · management and general $2,524 · fundraising $2,439

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $8,341 · program services $6,172 · management and general $1,057 · fundraising $1,112

  • 11c · Fees: accounting

    total $31,880 · program services $23,591 · management and general $4,039 · fundraising $4,250

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $44,301 · program services $32,783 · management and general $5,613 · fundraising $5,905

  • 12 · Advertising and promotion

    total $12,644 · program services $4,757 · management and general $332 · fundraising $7,555

  • 13 · Office expenses

    total $36,894 · program services $33,024 · management and general $2,918 · fundraising $952

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $85,051 · program services $83,527 · management and general $1,206 · fundraising $318

  • 17 · Travel

    total $14,387 · program services $13,858 · management and general $347 · fundraising $182

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $174,631 · program services $171,169 · management and general $2,741 · fundraising $721

  • 23 · Insurance

    total $72,878 · program services $63,597 · management and general $8,794 · fundraising $487

  • 24a · Other expenses: RESIDENT ACTIVITIES

    total $324,648 · program services $324,603 · management and general $38 · fundraising $4

  • 24b · Other expenses: JANITORIAL

    total $47,192 · program services $46,648 · management and general $431 · fundraising $113

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $48,453 · program services $41,041 · management and general $7,218 · fundraising $194

  • 24d · Other expenses: MAINTENANCE AND REPAIRS

    total $46,580 · program services $45,762 · management and general $647 · fundraising $171

  • 24e · All other expenses

    total $45,770 · program services $36,739 · management and general $8,790 · fundraising $241

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $579 · end of year $416,788

  • 2 · Savings and temporary cash investments

    beginning of year $9,831,059 · end of year $2,900,568

  • 3 · Pledges and grants receivable

    beginning of year $22,803 · end of year $90,372

  • 4 · Accounts receivable

    beginning of year $51,747 · end of year $297,067

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,666 · end of year $86,459

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

    $16,097,203

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

    $2,348,417

  • 10c · Land, buildings and equipment, net

    beginning of year $5,026,706 · end of year $13,748,786

  • 11 · Investments: publicly traded securities

    beginning of year $15,999 · end of year $5,651,662

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $598,619 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $76,788 · end of year $163,765

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $2,388,470 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $150,000 · end of year $167,410

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $9,622

  • 27 · Net assets without donor restrictions

    beginning of year $12,981,920 · end of year $22,850,905

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

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.

Activities or mission (Part I)

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

  • CHILDREN'S HOUSING BELIEVE IN TOMORROW OWNS AND OPERATES SEVEN RESPITE HOUSING PROPERTIES: BELIEVE IN TOMORROW HOUSE BY THE SEA, BELIEVE IN TOMORROW HOUSE BY THE SEA II, AND BELIEVE IN TOMORROW HOUSE ON THE BAY, ALL LOCATED IN OCEAN CITY, MARYLAND; BELIEVE IN TOMORROW HOUSE ON FENWICK ISLAND, LOCATED IN FENWICK ISLAND, DELAWARE; BELIEVE IN TOMORROW HOUSE ON WISP MOUNTAIN AND BELIEVE IN TOMORROW 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. THE BELIEVE IN TOMORROW CHILDREN'S HOUSE AT JOHNS HOPKINS HAS BEEN THE CORNERSTONE OF BELIEVE IN TOMORROW'S HOSPITAL HOUSING PROGRAM FOR OVER 30 YEARS. IT HAS PROVIDED AN AVERAGE OF 2,000 INDIVIDUAL OVERNIGHT ACCOMMODATIONS PER MONTH TO FAMILIES FROM EVERY STATE IN THE U.S. AND OVER 90 COUNTRIES WORLDWIDE. BELIEVE IN TOMORROW IS PROUD TO BE BUILDING A BRAND NEW, STATE-OF-THE-ART FACILITY, LOCATED AT 45 NORTH WOLFE STREET IN BALTIMORE, MARYLAND. DURING CONSTRUCTION, OUR HOSPITAL HOUSING PROGRAM REMAINS ACTIVE AND COMMITTED TO SUPPORTING FAMILIES IN THEIR TIME OF GREATEST NEED. THROUGH OUR CONTINUED PARTNERSHIP WITH THE RESIDENCE INNJOHNS HOPKINS CAMPUS, WE ARE ABLE TO PROVIDE FAMILIES WITH A COMFORTING HOME AWAY FROM HOME. ALTHOUGH THESE FAMILIES ARE LOCATED OFF-SITE, EACH FAMILY IS A GUEST OF THE BELIEVE IN TOMORROW CHILDREN'S HOUSE WITH OUR TEAM MANAGING EVERY DETAIL OF THEIR STAY. PROGRAM REMAINS ACTIVE AND COMMITTED TO SUPPORTING FAMILIES IN THEIR TIME OF GREATEST NEED. THROUGH OUR CONTINUED PARTNERSHIP WITH THE RESIDENCE INN JOHNS HOPKINS CAMPUS, WE ARE ABLE TO PROVIDE FAMILIES WITH A COMFORTING HOME AWAY FROM HOME. ALTHOUGH THESE FAMILIES ARE LOCATED OFF-SITE, EACH FAMILY IS A GUEST OF THE BELIEVE IN TOMORROW CHILDREN'S HOUSE WITH OUR TEAM MANAGING EVERY DETAIL OF THEIR STAY.

    Expenses $1,678,959 · Revenue $126,840

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Maryanne Davis

    CEO

    Total calculated
    $107,899
    From this org
    $99,999
    From related orgs
    $0
    Other
    $7,900
    Hours/week
    30 + 10 related
  • Christie Hunter

    SECRETARY/TREASURER/CFO

    Total calculated
    $93,671
    From this org
    $84,000
    From related orgs
    $0
    Other
    $9,671
    Hours/week
    30 + 10 related
  • Brian Morrison

    PRESIDENT

    Total calculated
    $68,959
    From this org
    $62,462
    From related orgs
    $0
    Other
    $6,497
    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 (Thru 9/1/2025)

    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
  • Michael Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith Truffer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Vogt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Doug Widlake

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Linda Abell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Guckert

    DIRECTOR (Thru 12/30/2025)

    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
  • Igor Conev

    DIRECTOR (START 10/5/2025)

    Total calculated
    $0
    Hours/week
    1
  • Coard Simpler

    DIR AND SECRETARY(ST 10/31/25)

    Total calculated
    $0
    Hours/week
    1
  • Trent Waite

    DIRECTOR (START 10/31/25)

    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.

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
2025
Filed
21 August 2026
IRS schema version
2025v4.2
Source object
202632379349302258

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