Mr. Eds Circle of Trust, Inc. is pleased to present its 2023 annual report, highlighting its achievements and challenges in providing quality counseling and therapeutic support to its clients. Dr. Ed Shoemaker, PhD, LMHC, QS, TF-CBT, ACT is a National Certified Trauma-Focused Cognitive Behavioral Therapist, Adoption Competency Trained Licensed Mental Health Counselor with 30 plus years of professional experience working with "at-risk" children, teens and families. Dr. Shoemaker and his wife Tonya are also adoptive parents of three special needs children (now adults). At Mr. Ed's Circle of Trust, Inc., we believe in the power of strong relationships to improve the lives of individuals and communities. Our foundation is built on the values of truth, fairness, goodwill, and better friendships, which guide us in all that we do. Through our commitment to these principles, we strive to create a world where people feel connected, valued, and supported. At the heart of our mission is the belief that every person deserves to have meaningful relationships that are beneficial to all concerned.
In 2023, Mr. Eds Circle of Trust, Inc. experienced a significant growth in both the number of clients served and the revenue generated. The company served 86 clients, an increase of 50% from the previous year, and earned a total revenue of $116,095, an increase of 300% from the previous year. The company's main sources of revenue were individual and group counseling sessions, attachment/bonding assessments, workshops, and referrals.
The company also invested in improving its services and expanding its reach. The company spent a total of $116,850 on expenses, of which 86% were directly related to counseling and therapeutic support. The expenses included professional fees for the independent contractors, rent and utilities for the office space, training and professional development for the counselors, materials and equipment for the sessions, and marketing and outreach activities. The company also donated a percentage of its revenue to local charities that support mental health awareness and prevention.
The company's net loss for the year was $755, which was within the expected range and manageable with the company's reserves. The company expects to continue to grow its client base and optimize its operations.
The company is grateful to its staff, clients, partners, and supporters for their trust and collaboration in 2023. The company is committed to fulfilling its mission of the sole purpose of preserving families by leading through a Circle of Trust and a servant’s heart by surrounding them with compassionate assistance, care, and guidance. "Improving Other's Lives through Meaning Relationships.” Mr. Ed’s Circle of Trust, Inc. looks forward to serving more clients and making a positive impact in the community in 2024.