2025-11-06T18:23:39-06:00 2024-12-31 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR ROAD SUITE 100 WILMINGTON DE 19809 990 2024-01-01 510064319 KINGSWOOD COMMUNITY CENTER INC KING 3027649022 2300 BOWERS STREET WILMINGTON DE 19802 LAURA MOOD CHIEF FINANCIAL OFFICER 3027649022 2025-11-06 0 0 STEVEN N KUTSUFLAKIS CPA P02478766 3024798940 2024 2025-03-06 01:10:19Z LAURA MOOD 2300 BOWERS STREET WILMINGTON DE 19802 11301359 0 X KGWCC.ORG X 1946 DE SEE PAGE 2 PART III LINE 1 FOR DETAILS. 7 7 52 150 0 0 3087539 10630108 621629 115351 251988 555900 0 0 3961156 11301359 0 0 0 0 2146820 2529486 0 0 126474 1124148 1278860 3270968 3808346 690188 7493013 16280551 24956399 1053168 2256743 15227383 22699656 X TO ENABLE PEOPLE IN NORTHEAST WILMINGTON AND SURROUNDING COMMUNITIES TO ACHIEVE THEIR POTENTIAL SOCIAL, ECONOMIC AND PERSONAL WELL-BEING. 0 0 1109262 81234 EARLY LEARNING CENTER - A LICENSED DELAWARE STARS EARLY LEARNING ACADEMY THAT SERVES CHILDREN FROM AGES OF 12 MONTHS TO 5 YEARS OLD WHICH ENDEAVORS TO SERVE AND DEVELOP POTENTIALS AND ABILITIES. 1009803 COMMUNITY AND FAMILY SERVICES - COMMUNITY AND FAMILY SERVICES PROVIDES JOB AWARENESS WORKSHOPS AND TRAINING, BUDGET AND HOUSING COUNSELING, TEEN PREGNANCY PREVENTION INITIATIVES, AND FINANCIAL ASSISTANCE TO THOSE IN NEED WITHIN THE COMMUNITY. ALSO, KINGSWOOD PROVIDES A COMMUNITY GARDEN THAT INCLUDES 20 RAISED BEDS, FRUIT TREES, AND BIRD HOUSES TO PROVIDE LEARNING EXPERIENCES FOR OUR CLIENTELE AND FRESH FRUITS AND VEGETABLES FOR THE COMMUNITY. 233001 34117 SENIOR CENTER THE JIMMY JENKINS SENIOR CENTER PROVIDES DAILY SOCIAL, RECREATIONAL, AND EDUCATION ACTIVITIES AND DAILY TRANSPORTATION TO ASSURE ONGOING GOOD HEALTH OF THE SENIORS IN OUR COMMUNITY. 232194 YOUTH SERVICES - ASSISTS YOUTH IN ATTAINING PHYISCAL, EMOTIONAL, AND SOCIAL WELL-BEING, AND ACADEMIC PROMOTION THROUGHT AFTER SCHOOL, EVENING AND SUMMER PROGRAMS. 232194 2584260 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 52 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X THE ORGANIZATION 3027649022 2300 BOWERS STREET WILMINGTON DE 19802 JAMES RAY RHODES CHAIR 7.00 X X 0 0 0 MEGHANN FELICE TREASURER 2.00 X X 0 0 0 DANA HARRIS MEMBER 1.00 X 0 0 0 THERESSA HOLMES MEMBER 1.00 X 0 0 0 BOBBI BRITTON MEMBER 1.00 X 0 0 0 ROBERT YOUNG MEMBER 1.00 X 0 0 0 DR SABRINA THOMAS MEMBER 1.00 X 0 0 0 LOGAN HERRING CHIEF EXECUTIVE OFFICER 10.00 X 59482 0 0 KENYETTAA MCCURDY-BYRD CHIEF OPERATING OFFICER 10.00 X 40979 0 0 DAVID FORD CHIEF COMMUNITY INVESTMENT 10.00 X 36817 0 0 LAURA MOOD CHIEF FINANCIAL OFFICER 10.00 X 35953 0 0 173231 0 0 0 0 0 0 GB HOME IMPROVEMENT AND REMODELING PO BOX 2783 WILMINGTON DE 19805 CONSTRUCTION SERVICES 175107 ANGELICA'S CLEANING SERVICES 112 STANLEY LANE NEW CASTLE DE 19720 CLEANING SERVICES 119815 2 48781 9209281 1372046 10630108 YOUTH SERVICES 624110 81234 81234 SENIOR CENTER 900099 34117 34117 115351 555900 555900 11301359 115351 0 555900 173231 147246 17323 8662 1851459 1108063 650824 92572 38183 23673 12600 1910 351502 217931 115996 17575 115111 71369 37987 5755 94213 90614 3599 401 401 11406 9007 2399 24893 24893 13750 3116 10634 146134 111222 34912 67645 38750 28895 COMMUNITY RELIEF EFFORT 443671 443671 EQUIPMENT & MAINTENANCE 256326 116955 139371 UTILITIES 72910 50237 22673 SUPPLIES 65825 57825 8000 81686 69688 11998 3808346 2584260 1097612 126474 2357950 608529 157611 5432056 10605065 2672131 2310297 7932934 2802489 11454693 8180391 16280551 24956399 553168 1478820 500000 500000 0 277923 1053168 2256743 X 2593428 2499396 12633955 20200260 15227383 22699656 16280551 24956399 7493013 -20740 0 X X 0 1 X 1 1 1 X 3991655 16651408 4187533 3087539 10630108 38548243 3991655 16651408 4187533 3087539 10630108 38548243 38548243 223 146655 251988 555900 954766 39503009 0.97580 0.98740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103555 103555 1610632 1291631 319001 1147842 752656 395186 561660 503149 58511 7181376 124695 7056681 7932934 US TREASURIES 2802489 F 2802489 ASSETS RESTRICTED FOR INVESTMENT IN PROPERTY AND EQUIPMENT 8176021 INVENTORY 4370 8180391 DUE TO RELATED PARTY 277923 277923 X 11280619 -20740 -20740 11301359 0 11301359 3808346 0 3808346 0 3808346 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. KINGSWOOD BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. FORM 990, PART VI, SECTION A, LINE 6 THE KINGSWOOD COMMUNITY CENTER HAS ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS HAVE THE POWER TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A COPY OF FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS FOR REVIEW. THE BOARD OF DIRECTORS MAY COMMENT ON ANY PROPOSED CHANGES OR SUGGESTIONS TO MANAGEMENT. A FORMAL BOARD ACTION IS PERFORMED ANNUALLY TO APPROVE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO PROVIDE AN ANNUAL DISLCOSURE DOCUMENTING ANY REAL OR POTENTIAL CONFLICTS OF INTEREST. DURING BOARD MEETINGS, BOARD MEMBERS SHALL DISCLOSE ANY CONFLICT OF INTEREST INVOLVING AN ISSSUE BEFORE THE BOARD. WHILE THEY MAY PARTICIPATE IN THE DISCUSSION OF THE ISSUE, THEY MAY NOT VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A SHARED SERVICES AGREEMENT ("SSA") WITH THE TEEN WAREHOUSE ("WAREHOUSE") AND REACH RIVERSIDE DEVELOPMENT CORPORATION ("REACH RIVERSIDE"), UNRELATED TAX EXEMPT ORGANIZATIONS, WHO ARE COLLABORATING WITH THE ORGANIZATION ON A HOLISTIC NEIGHORHOOD REVITALIZATION INITIATIVE. PURSUANT TO THE SSA REACH RIVERSIDE HAS HIRED A TEAM OF EMPLOYEES WHO PROVIDE ALL THE MANAGEMENT LEADERSHIP AS WELL AS ADMINISTRATIVE AND ADVISORY SUPPORT FOR ALL THREE ORGANIZATIONS. THE COMPENSATION AND OTHER AMOUNTS AND HOURS REPORTED HEREIN REFLECT ONLY THE ORGANIZATION'S SHARE OF THESE COSTS AND IS APRPOVED ANNUALLY IN EACH ORGANIZATION'S BUDGET PROCESS. COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, CHIEF COMMUNITY INVESTMENT OFFICER AND CHIEF FINANCIAL OFFICER IS SET BY THE BOARD ANNUALLY BASED ON COMPARABLE MARKET COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST PART XII LINE 2C THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FINALIZATION.