Hip-Hop Summit Youth Council Inc
- Assets
- $26.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Albans, NY
- Founding
- 11/2006
- Data as of
- 12/2020
- EIN
- 05-0542858
Organization Overview
Hip-Hop Summit Youth Council Inc is located in Saint Albans, NY. The organization was established in 2006. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, 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. Hip-Hop Summit Youth Council 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 12/2020, Hip-Hop Summit Youth Council Inc generated $25.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $18.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO USE THE POSITIVE INFUENCE OF HIP HOP TO EMPOWER YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyrone Williams Treasurer | Officer | 5 | $0 |
Pearl Jones Chairperson | Officer | 30 | $0 |
Randy K Fisher Executive Director | Officer | 60 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,920 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,920 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,889 |
| Occupancy, rent, utilities, and maintenance | $10,759 |
| Printing, publications, postage, and shipping | $950 |
| Other expenses | $5,109 |
| Total expenses | $18,707 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,910 |
| Other assets | $0 |
| Total assets | $26,910 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,910 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hip-Hop Summit Youth Council Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |
Urban Dove Inc Long Island City, NY | $5,170,319 | $5,441,041 |
Horizons National Student Enrichment Program Inc Westport, CT | $6,013,839 | $4,724,137 |
Zichron Chaim Inc Monsey, NY | $8,440,547 | $4,476,093 |
Youthbuild Newark Newark, NJ | $8,371,396 | $7,058,437 |