Roca Pallin Youth Center Inc is located in Chelsea, MA. The organization was established in 1997. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roca Pallin Youth Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Roca Pallin Youth Center Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $584.0k during the year ending 06/2022. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE CHARITABLE PURPOSES OF ROCA, INC., AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, WHOSE CHARITABLE MISSION INCLUDES BUT IS NOT LIMITED TO PROMOTING THE ADVANCEMENT OF YOUTH DEVELOPMENT AND MORE SPECIFICALLY ENGAGING IN PROGRAMS RELATING TO YOUTH DEVELOPMENT; AND TO CARRY OUT SUCH PURPOSES BEING OPERATED, SUPERVISED, AND CONTROLLED BY ROCA, INC. WITHIN THE MEANING OF SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN PARTICULAR, THE CORPORATION'S PURPOSES SHALL INCLUDE, WITHOUT LIMITATION, I) TO RECEIVE, MAINTAIN, HOLD AND ADMINISTER FUNDS AND ASSETS AND TO EXPEND OR APPLY FUNDS THEREFROM FOR THE SUPPORT OF ROCA, INC.; AND II) TO ACQUIRE REAL PROPERTY AND ALL IMPROVEMENTS LOCATED THEREFROM AND ALL RIGHTS AND OBLIGATIONS APPURTENANT THERETO, AND TO REPAIR, IMPROVE, MAINTAIN, OPERATE, MANAGE, LEASE, DISPOSE OF AND OTHERWISE DEAL WITH SUCH PROPERTY IN ACCORDANCE WITH ALL APPLICABLE LAW; AND TO ENGAGE IN AND CARRY ON ANY OTHER ACTIVITIES PERMITTED TO A CORPORATION ORGANIZED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS, BUT ONLY TO THE EXTENT THAT SUCH ACTIVITIES SHALL NOT PRECLUDE THE CLASSIFICATION OF THE CORPORATION AS AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chief Michael Davis Vice President | OfficerTrustee | 1 | $0 |
Mary Baldwin Founder And Ceo, Member | OfficerTrustee | 1 | $0 |
Ben Gardner Clerk | OfficerTrustee | 1 | $0 |
Christine Kendall President | OfficerTrustee | 1 | $0 |
Joshua Reed-Diawuoh Treasurer | OfficerTrustee | 1 | $0 |
Scott Blackman CFO | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,350,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,350,000 |
Total Program Service Revenue | $710,759 |
Investment income | $38,765 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $28,690 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,128,214 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,822 |
Fees for services: Accounting | $14,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,880 |
Fees for services: Other | $100,000 |
Advertising and promotion | $0 |
Office expenses | $9 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $201,552 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $28,239 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $197,683 |
Insurance | $1,195 |
All other expenses | $0 |
Total functional expenses | $583,984 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $590,853 |
Savings and temporary cash investments | $100,651 |
Pledges and grants receivable | $950,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $837 |
Net Land, buildings, and equipment | $4,353,939 |
Investments—publicly traded securities | $571,232 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $34,524 |
Total assets | $6,602,036 |
Accounts payable and accrued expenses | $26,420 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,879,889 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,906,309 |
Net assets without donor restrictions | $3,695,727 |
Net assets with donor restrictions | $1,000,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,602,036 |
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Roca Pallin Youth Center Inc Chelsea, MA | $6,602,036 | $2,128,214 |
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