2024-11-13T07:20:18-06:00 2023-12-31 510076769 GUNNIP & COMPANY LLP 2751 CENTERVILLE RD STE 300 WILMINGTON DE 19808 990 2023-01-01 271705781 B2W2 B2W2 3026585177 555 JUSTISON STREET SUITE 150 WILMINGTON DE 19801 BRIAN MAXWELL CFO 3026585177 2024-11-12 1 1 KATHERINE L SILICATO CPA P00543107 3022255000 2023 2024-10-15 13:58:12Z BRIAN MAXWELL 555 JUSTISON STREET SUITE 150 WILMINGTON DE 19801 841021 0 X WWW.CFFDE.ORG X 2010 DE B2W2 INC.'S SOLE PURPOSE IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CHILDREN & FAMILIES FIRST DELAWARE INC., AN ORGANIZATION DESCRIBED IN SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN CONFORMITY WITH THE FOREGOING, THE ACTIVITIES OF B2W2 INC. WILL BE TO PROVIDE FACILITIES, VEHICLES AND EQUIPMENT TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE. 5 5 0 0 0 0 0 0 10836 146381 349479 18435 585614 664975 945929 829791 0 0 0 0 0 0 0 0 13645 833825 893645 833825 893645 112104 -63854 3377020 3255995 760956 787234 2616064 2468761 X B2W2 INC.'S SOLE PURPOSE IS TO ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF CHILDREN & FAMILIES FIRST DELAWARE INC., AN ORGANIZATION DESCRIBED IN SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN CONFORMITY WITH THE FOREGOING, THE ACTIVITIES OF B2W2 INC. WILL BE TO PROVIDE FACILITIES, VEHICLES AND EQUIPMENT TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS EXEMPT PURPOSE. 0 0 614960 811356 THE ORGANIZATION PROVIDED FACILITIES, VEHICLES AND EQUIPMENT TO CHILDREN & FAMILIES FIRST DELAWARE INC. TO BE USED IN FURTHERANCE OF ITS TAX EXEMPT PURPOSE. 614960 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X BRIAN MAXWELL CFO 3026585177 555 JUSTISON STREET SUITE 150 WILMINGTON DE 19801 ANTHONY J LEWIS VICE PRESIDENT 0.80 X X 0 0 0 CASEY E MCCABE PRESIDENT 0.80 X X 0 0 0 JAY PIERSON III MEMBER 0.50 X 0 0 0 THOMAS P COLLINS ESQ SECRETARY 0.50 X X 0 0 0 JOHN MRAZ MEMBER 0.50 X 0 0 0 JOHN WOOD CFO/ADMINISTRATIVE OFFICER 2.50 35.00 X 0 153500 19921 KIRSTEN OLSON CHIEF EXECUTIVE OFFICER 2.50 35.00 X 0 194893 15414 0 348393 35335 0 0 1 0 0 EQUIPMENT SERVICE INCO 561499 146381 146381 146381 8435 8435 664975 0 664975 664975 664975 21230 11230 10000 10000 10000 829791 811356 0 18435 X 433016 298446 127948 6622 5662 3902 1673 87 204221 140754 60344 3123 2068 2068 BUILDING MAINTENANCE 199646 139025 57536 3085 PRINTING & PUBLICATIONS 38370 26447 11338 585 UTILITIES 34047 23466 10060 521 RENT 12350 8512 3649 189 -35735 -25592 -9576 -567 893645 614960 265040 13645 602471 222519 58833 417151 15674 0 5353449 3647506 1806671 1705943 204632 214975 688739 695407 3377020 3255995 33977 54079 726979 733155 760956 787234 X 2616064 2468761 2616064 2468761 3377020 3255995 X -63854 3146 -86595 X X 0 1 X 1 0 X X 1 CHILDREN & FAMILIES FIRST DELAWARE INC 510065731 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 295521 295521 4444367 3211062 1233305 613561 436444 177117 1705943 SHORT-TERM WILMINGTON TRUST 214975 F 214975 RIGHT OF USE LEASE ASSET 695407 695407 RIGHT OF USE LEASE LIABILITY 733155 733155 X PART X, LINE 2: EXPLANATION: B2W2 INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 509(A)(2). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE RULES FOR THE RECOGNITION, MEASUREMENT, CLASSIFICATION, AND DISCLOSURE IN THE FINANCIAL STATEMENTS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURNS. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE CONSOLIDATED FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE ORGANIZATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE ORGANIZATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X 0 0 0 0 0 0 0 0 0 KIRSTEN OLSON CHIEF EXECUTIVE OFFICER 0 194893 0 0 0 0 0 0 0 15414 0 210307 0 0 JOHN WOOD CFO/ADMINISTRATIVE OFFICER 0 153500 0 0 0 0 0 0 0 19921 0 173421 0 0 FORM 990, PART VI, SECTION A, LINE 6 EXPLANATION: THE SUPPORTED ORGANIZATION, CHILDREN AND FAMILIES FIRST DELAWARE INC., IS THE SOLE VOTING MEMBER OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A EXPLANATION: THE SUPPORTED ORGANIZATION, CHILDREN AND FAMILIES FIRST DELAWARE INC., AS THE SOLE VOTING MEMBER OF THE FILING ORGANIZATION, ELECTS ALL MEMBERS OF THE FILING ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B EXPLANATION: THE SUPPORTED ORGANIZATION, CHILDREN AND FAMILIES FIRST DELAWARE INC., AS THE SOLE VOTING MEMBER OF THE FILING ORGANIZATION, HAS ULTIMATE AUTHORITY OVER GOVERNING BOARD DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B EXPLANATION: A COPY OF FORM 990 HAS BEEN PROVIDED TO THE ORGANIZATION'S FULL GOVERNING BOARD FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION: THE ORGANIZATION HAS AN EFFECTIVE, WRITTEN CONFLICT OF INTEREST POLICY. THIS POLICY DEFINES CONFLICTS OF INTERESTS, IDENTIFIES ALL CLASSES OF INDIVIDUALS WITHIN THE ORGANIZATION COVERED BY THE POLICY, AND SPECIFIES PROCEDURES TO BE FOLLOWED IN MANAGING THOSE CONFLICTS. OFFICERS AND BOARD MEMBERS HAVE BEEN REQUIRED TO AND WILL CONTINUE TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. MANAGEMENT CONTINUOUSLY MONITORS AND ENFORCES THIS POLICY. THE EXECUTIVE DIRECTOR, OR CEO, IS CHARGED WITH PROVIDING WRITTEN APPROVAL SHOULD ANY PERSON COVERED BY THE POLICY SEEK OR RECEIVE REGULAR SERVICES FROM THE ORGANIZATION. ALL OTHER CONTRACTS OR TRANSACTIONS BETWEEN COVERED PERSONS AND THE ORGANIZATION REQUIRE PRIOR BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 EXPLANATION: THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. ADDITIONALLY, FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 EXPLANATION: GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 298,446. MANAGEMENT AND GENERAL EXPENSES 127,948. FUNDRAISING EXPENSES 6,622. TOTAL EXPENSES 433,016. FORM 990, PART XI, LINE 9: TRANSFERS TO RELATED ORGANIZATIONS -86,595. FORM 990, PART XII, LINE 2C: EXPLANATION: THE PROCESS OF GOVERNING OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR. CHILDREN & FAMILIES FIRST ENDOWMENT INC 555 JUSTISON STREET SUITE 150 WILMINGTON DE 19802 271705610 SUPPORTING ORGANIZATION TO CHILDREN AND FAMILIES FIRST DELAWARE INC. DE 501(C)(3) LINE 12A, I CHILDREN & FAMILIES FIRST DELAWARE INC 0 CHILDREN AND FAMILIES FIRST DELAWARE INC 555 JUSTISON STREET SUITE 150 WILMINGTON DE 19802 510065731 CHARITABLE SERVICES FOR NEEDY CHILDREN AND FAMILIES IN DELAWARE DE 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1 CHILDREN AND FAMILIES FIRST DELAWARE INC J 664975 ESTIMATED FAIR VALUE CHILDREN AND FAMILIES FIRST ENDOWMENT INC R 86595 FMV