Cherry Hill Eagles Foundation EIN 47-1063964

Cherry Hill Eagles Foundation

EIN  47-1063964 Public charity (501(c)(3)) Brooklyn, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowering underprivileged youth through sports, mentorship, and family support services.
Leadership
Kenneth Brown · President
Money in and out
$625K revenue, $286K expenses
Bottom line
93% program efficiency

Empowering underprivileged youth through sports, mentorship, and family support services. For fiscal year 2024 it reported $625K in revenue, $286K in expenses, and $568K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$625K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$568K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $339K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▼ -7% vs prior filing year
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate▲ +240% vs prior filing year
Surplus margin
+54%
revenue over expenses, this year▲ +87% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$625K
FY2024▲ +130%
Expenses
$286K
FY2024▲ +48%
Total assets
$651K
FY2024▲ +185%
Total liabilities
$84K
FY2024
Total revenue
$625K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$568K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$339K
Total assetsPt X · Ln 16$651K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $265K of program spending, described in the organization's own filed words · FY2024.
01

Enhanced youth sports program that serves as the nucleus to bring youth and their families to our programing where they receive other important wrap-around services. We instll high moral standards into our youth by stressing the importance of academic achievement and community involvement that will extend beyond the field into their…

$265Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCherry Hill Eagles Foundation
EINHdr · item D47-1063964
Principal addressHdr · item CBrooklyn, MD
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFNov 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Kenneth Brown’s $34K as President is at the 26th percentile of top reported officer pay among 1985 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Kenneth Brown$34,284$44,310$52,529

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$625K
— government grantsLn 1e$625K
Total revenueLn 12$625K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$265K
Management & general7%$21K
Total functional expensesLn 25$286K

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$651K
Total liabilitiesLn 26$84K
Total net assetsLn 32$568K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $40K · Operating expenses/yr $286K
1.7 months
Where the money goes
Program services
Program services $265K · Total expenses $286K
93%
Management & General
Management & general $21K · Total expenses $286K
7%
Fundraising
Fundraising $0 · Total expenses $286K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $136K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $625K · Total revenue $625K
100%
Government reliance
Government grants $625K · Total revenue $625K
100%
Earned-income share
Program service revenue $0 · Total revenue $625K
0%
Investment reliance
Investment income $0 · Total revenue $625K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $286K
0%
Growth & trend
Revenue growth (YoY)
This year $625K · Prior year $272K
+130%
Revenue CAGR
FY2019 $124K · FY2024 $625K
+38%
Net-asset trend (YoY)
End of year $568K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $625K · Expenses $286K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $651K
Net-asset ratio
Net assets $568K · Total assets $651K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $651K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kenneth Brown · Reported title President · Highest reported compensation $0 · Total expenses $286K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $106K · Total expenses $286K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 130%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$90K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$625K revenue · viewing · ⤓ 990 PDF
FY2023$272K revenue · ⤓ 990 PDF
FY2022$125K revenue · ⤓ 990 PDF
FY2021$102K revenue · ⤓ 990 PDF
FY2020$145K revenue · ⤓ 990 PDF
FY2019$124K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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