Liabilities / Assets
15th percentile
Higher debt load relative to assets than 15% of similar nonprofits.
Peoples Settlement Association
EIN 51-0065742 • 501(c)3 • Wilmington, DE
Profile
Provide a variety of services to the residents of wilmington which are aimed at improving their lives. These services are in the areas of direct services to senior citizens and the provision of space for parties, classes, and cultural organization meetings.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
13th percentile
Higher debt load relative to revenue than 13% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
25th percentile
Higher top officer pay than 25% of similar nonprofits.
Top officer pay equals 0.4% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Balance Sheet
Assets
Up$8,043,468
Up $7,978,395 (+12261%) from 2023
Liabilities
Down$23,487
Down $5,216 (-18%) from 2023
Net Assets
Up$8,019,981
Up $7,983,611 (+21951%) from 2023
Revenue
Up$8,345,276
Up $8,143,360 (+4033%) from 2023
Expenses
Up$366,570
Up $124,743 (+52%) from 2023
Net Income
Up$7,978,706
Up $8,018,617 (+20091%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $8,043,468
- Liabilities
- $23,487
- Net assets
- $8,019,981
- Revenue
- $8,345,276
- Expenses
- $366,570
- Net income
- $7,978,706
Latest Detailed Filing
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Oct 27, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $464,741
Mission and Program Overview
Mission
Provide a variety of services to the residents of wilmington which are aimed at improving their lives. These services are in the areas of direct services to senior citizens and the provision of space for parties, classes, and cultural organization meetings.
Provide social services to the residents of wilmington, delaware.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $-22,691 | $75,308 | ▲ $97,999 |
| Cash and Non-Interest-Bearing Accounts | $80,213 | $58,240 | ▼ $21,973 |
| Land, Buildings, and Equipment, Net | $153,009 | $57,259 | ▼ $95,750 |
| Investments Other Securities | $10,808 | $10,808 | → $0 |
| Accounts Receivable | $1,285 | $3,402 | ▲ $2,117 |
| Total Assets | $231,949 | $116,237 | ▼ $115,712 |
| Other Assets Total | $-13,366 | $-13,472 | ▼ $106 |
| Liabilities | |||
| Other Liabilities | $29,475 | $25,700 | ▼ $3,775 |
| Accounts Payable and Accrued Expenses | $16,410 | $10,542 | ▼ $5,868 |
| Unsecured Notes Loans Payable | $8,773 | - | - |
| Mortgage Notes Payable Secured by Investment Property | $199,982 | $4,687 | ▼ $195,295 |
| Total Liabilities | $254,640 | $40,929 | ▼ $213,711 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-22,691 | $75,308 | ▲ $97,999 |
| Total Liabilities and Net Assets / Fund Balance | $231,949 | $116,237 | ▼ $115,712 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | - | $-2,523,438 | - |
| Other Land Buildings | - | $-213,134 | - |
| Equipment | - | $-330,095 | - |
| Other Securities | $10,808 | - | - |
| Financial Derivatives | $10,808 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Sandra L Ballard | Executive Director | FT | $27,850 | $27,850 |
| Michael K Johnson | Sr Center Coordinator | PT | $19,428 | $19,428 |
| Willard J Capes | Driver | FT | $16,294 | $16,294 |
| Eric D Young | Driver | - | $53 | $53 |
Board Members and Trustees
| Name | Title |
|---|---|
| Valerie Sharp | President, Board of Directors |
| Edwina Bell | Vice-president, Board of Directors |
| Dr John Byrd | Board of Directors |
| Nancy Wheeler | Secretary |
| Summer Rose | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $399,986
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $64,755
- All Other Contributions
- $17,280
- Change in Net Assets
- $168,259