826nyc Inc
- Assets
- $334.0k
- Revenue
- $935.6k
- Investments
- $0.0
- Employees
- 19
- Location
- Brooklyn, NY
- Founding
- 04/2004
- Data as of
- 06/2019
- EIN
- 20-0526710
Organization Overview
826nyc Inc is located in Brooklyn, NY. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, 826nyc Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 826nyc 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 06/2019, 826nyc Inc generated $935.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $862.3k during the year ending 06/2019. While expenses have increased by 9.0% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
826NYC, INC. IS A NONPROFIT ORGANIZATION DEDICATED TO SUPPORTING STUDENTS AGES 6-18 WITH THEIR CREATIVE AND EXPOSITORY WRITING SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
826NYC, INC. IS A NONPROFIT ORGANIZATION THAT ENCOURAGES THE EXPLORATION OF ENDLESS POSSIBILITIES THROUGH THE POWER OF WRITING. UNDEFINED BY CIRCUMSTANCE, OUR STUDENTS BUILD THE SKILLS TO BOLDLY WRITE THEIR OWN PATHS FORWARD. WE SUPPORT NEW AND EXCITING APPROACHES TO WRITING AND INSPIRE STUDENT ENGAGEMENT. AND WE FOSTER GENERATIONS OF CREATIVE WRITERS AND THINKERS, WHO TOGETHER WILL DEFINE A BETTER FUTURE. 826NYC PROVIDES AFTER-SCHOOL LITERACY AND WRITING PROGRAMS THAT ARE FOCUSED ON BUILDING PRACTICAL ACADEMIC AND PROFESSIONAL SKILLS, FOSTERING CREATIVITY, AND DEVELOPING STRONG SOCIO-EMOTIONAL OUTCOMES. WE ALSO COLLABORATE WITH SCHOOLS AND OTHER ORGANIZATIONS ON STUDENT PUBLISHING PROJECTS THAT TRANSFORM NYC STUDENTS INTO PUBLISHED AUTHORS. CHALLENGING AND ENJOYABLE, AND ULTIMATELY STRENGTHEN EACH STUDENT'S POWER TO EXPRESS IDEAS EFFECTIVELY, CREATIVELY, CONFIDENTLY, AND IN HIS OR HER INDIVIDUAL VOICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Mandelbaum Executive Director | Officer | 50 | $82,923 |
Tammy Oler President Until August 2020 | OfficerTrustee | 2 | $0 |
Michelle Mcgovern President Since September 2020 | OfficerTrustee | 2 | $0 |
Ray Carpenter Treasurer Until December 2020 | OfficerTrustee | 2 | $0 |
Ted Wolff Vice President | OfficerTrustee | 2 | $0 |
Jamal Edwards Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $801,900 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,090 |
| Net Rental Income | $13,533 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $52,344 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $935,646 |
| Statement of Expenses | |
|---|---|
| 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. | $82,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,439 |
| Payroll taxes | $36,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,203 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,362 |
| Advertising and promotion | $2,296 |
| Office expenses | $3,484 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,953 |
| Travel | $5,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,281 |
| Insurance | $9,609 |
| All other expenses | $48,315 |
| Total functional expenses | $862,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,425 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $220,771 |
| Accounts receivable, net | $12,410 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,545 |
| Prepaid expenses and deferred charges | $2,490 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,970 |
| Total assets | $334,020 |
| Accounts payable and accrued expenses | $57,436 |
| 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 | $41,160 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,895 |
| Total liabilities | $156,491 |
| Net assets without donor restrictions | $67,529 |
| Net assets with donor restrictions | $110,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $177,529 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that 826nyc Inc has recieved totaling $176,686.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $47,700 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $22,515 |
Kettering Family Foundation Dayton, OH PURPOSE: ANNUAL GENERAL OPERATING SUPPORT | $20,000 |
Hawkins Project Ann Arbor, MI PURPOSE: PROGRAM SUPPORT | $16,050 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Associated Jewish Charities Of Baltimore Baltimore, MD PURPOSE: GENERAL SUPPORT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
The Achievement Network Ltd Boston, MA | $23,559,572 | $30,118,976 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Saga Innovations Framingham, MA | $30,229,601 | $39,236,690 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |