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Delaware · Nonprofit

TEEN WAREHOUSE INC

TEEN WAREHOUSE INC (Delaware) receives grants from 22 organizations whose IRS filings report $3,901,084 to it, the largest being DELAWARE COMMUNITY FOUNDATION INC ($1,068,450). 10 of them have funded it in more than one year.

Revenue FY2024
$1.8M
Funders on record
22
Grants received
$3.9M
Net assets
$7.6M
10/22 repeat funderspeak grant-dependency 59%
01What it does

What Teen Warehouse Inc does

Mission

The warehouse is a dynamic new space in northeast wilmington designed for teens by teens that will provide the city's youth with the tools and opportunities they need to become confident, courageous, and contributing young adults who will make a positive difference in our world. The warehouse and its network of local youth-serving organizations work in partnership with wilmington teens to provide them with high quality and relevant academic, employment and life experiences, to prepare them for their next steps in life.

As stated on its FY2024 Form 990.

Program

  1. Recreation - dancing, basketball, teen nights, yoga and more builds community while promoting physical well - being. Education - with college and careeers on the horizon, the warehouse provides tutring, conseling, mentoring and other tools to prepare teens for their next life steps. Arts - as creativity abounds in teens, the warehouse provides diverse outlets for expression through visual, performing and electronic arts. Careers - great jobs require great job skills. From resume writing and interviewing skills to hands on job training, teens gain the skills they need for the jobs they want.health - together with its partners, the warehouse provides a fullrange of physical, behavioral and mental health services teens need tothrive.

    $2,555,896 spent$142,675 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,555,896.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($5.0M) Expenses 100 ($138k) Net assets 100 ($4.8M)2019 Revenue 28 ($1.4M) Expenses 464 ($642k) Net assets 115 ($5.6M)2020 Revenue 33 ($1.7M) Expenses 988 ($1.4M) Net assets 121 ($5.8M)2021 Revenue 84 ($4.2M) Expenses 1201 ($1.7M) Net assets 173 ($8.4M)2022 Revenue 47 ($2.3M) Expenses 1630 ($2.3M) Net assets 174 ($8.4M)2023 Revenue 55 ($2.8M) Expenses 1770 ($2.4M) Net assets 181 ($8.7M)2024 Revenue 37 ($1.8M) Expenses 2152 ($3.0M) Net assets 157 ($7.6M)
2018201920202021202220232024
Revenue (37)Expenses (2152)Net assets (157)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $4.8M to $6.6M (+36%).

$4.8M
$6.6M
$8.3M
$9.0M
$9.3M
$9.4M
$8.4M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 4% · 2020 5% · 2021 9% · 2022 9% · 2023 12% · 2024 18%. Grants only. Government contracts and fees sit inside program revenue.

90% of TEEN WAREHOUSE INC’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 2,035 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$4.8M
’18
$732k
’19
$285k
’20
$2.5M
’21
$59k
’22
$309k
’23
−$1.1M
’24
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Logan Herring

Chief executive officer

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed771718181716
Joined·+1+12+2+1+0+0
No longer listed·121111
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $805k → $339k.

5 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TEEN WAREHOUSE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TEEN WAREHOUSE INC has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TEEN WAREHOUSE INC.

27%
largest funder
61%
top three
~6
effective funders

Largest funder’s share by year: 2019 99% · 2020 85% · 2021 45% · 2022 42% · 2023 60% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of TEEN WAREHOUSE INC's funders are still giving 3 years after their first grant; 45% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of TEEN WAREHOUSE INC's grant income comes from Delaware funders.

ME
MN
NY
OH
NJ
CO
VA
DE
NC
DC
GA

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Delaware out of state home

Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TEEN WAREHOUSE INC's revenue fell 63% between 2018 and 2024.

Operating margin−61% · bottom quartile
Months of reserve1.8mo · below the median
Revenue growth (annualized)−15% · bottom quartile

this organization peer median middle 50% of peers· 1,928 youth development nonprofits $1M–$10M, FY2024

Government funding TEEN WAREHOUSE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.7M on record.

State$2.7M
22
23
24
25
26
Top programs
  • OTHER PROFESSIONAL SERVICE$1.1M
  • TRAINING$728k
  • BUILDINGS - OFFICE SPACE$384k
  • GRANTS IN AID$180k
  • ENERGY SAVINGS PROGRAM$170k
  • CUSTODIAL SVC OFC/BLDG/GRD$70k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TEEN WAREHOUSE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Delaware

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 12%Fundraising 2%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for TEEN WAREHOUSE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TEEN WAREHOUSE INC?
TEEN WAREHOUSE INC (Delaware) receives grants from 22 organizations whose IRS filings report $3,901,084 to it, the largest being DELAWARE COMMUNITY FOUNDATION INC ($1,068,450). 10 of them have funded it in more than one year.
How many funders does TEEN WAREHOUSE INC have?
IRS filings report 22 organizations giving $3,901,084 in grants to TEEN WAREHOUSE INC, 10 of which have funded it in more than one year.
Who is the largest funder of TEEN WAREHOUSE INC?
DELAWARE COMMUNITY FOUNDATION INC is the largest funder on record, with $1,068,450 in grants. The full list of funders is on this page.
How can an organization like TEEN WAREHOUSE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Teen Warehouse →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing