Manchester Youth Development Center Inc
- Assets
- $2.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 72
- Location
- Pittsburgh, PA
- Founding
- 04/1975
- Data as of
- 06/2023
- EIN
- 23-7447953
Organization Overview
Manchester Youth Development Center Inc is located in Pittsburgh, PA. The organization was established in 1975. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Manchester Youth Development Center Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manchester Youth Development 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 06/2023, Manchester Youth Development Center Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MYDC IS COMMITTED TO NURTURING THE DEVELOPMENT OF CHILDREN BY MEETING THEIR ACADEMIC, SOCIAL, AND EMOTIONAL NEEDS WITHIN A CONSTRUCTIVE WHOLESOME AND SAFE LEARNING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER OPERATES A DAYCARE CENTER, AFTER-SCHOOL, AND SUMMER PROGRAM WHICH PROVIDES EDUCATIONAL, RECREATIONAL AND CULTURAL EXPERIENCES TO AT RISK MINORITY YOUTH AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Laneve Board Member | Trustee | 1 | $0 |
Lisa V Owens Board Member | Trustee | 1 | $0 |
Thomas Rone Board Member | Trustee | 1 | $0 |
Allison Sizemore Secretary | OfficerTrustee | 1 | $0 |
Darryl Wiley Board Member | Trustee | 1 | $0 |
Larry Meadows Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,258 |
| Related organizations | $0 |
| Government grants | $574,745 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,163,595 |
| Total Program Service Revenue | $106,949 |
| Investment income | $52,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,242 |
| Net Income from Fundraising Events | -$34,585 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,283,634 |
| 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. | $127,561 |
| Compensation of current officers, directors, key employees. | $44,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $954,973 |
| Pension plan accruals and contributions | $6,063 |
| Other employee benefits | $78,001 |
| Payroll taxes | $92,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,069 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,287 |
| Fees for services: Other | $114,309 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $14,806 |
| Royalties | $0 |
| Occupancy | $40,718 |
| Travel | $7,269 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,927 |
| All other expenses | $14,983 |
| Total functional expenses | $1,631,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,400 |
| Savings and temporary cash investments | $307,288 |
| Pledges and grants receivable | $25,000 |
| Accounts receivable, net | $10,350 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,183,323 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,527,361 |
| Accounts payable and accrued expenses | $96,432 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,432 |
| Net assets without donor restrictions | $2,174,689 |
| Net assets with donor restrictions | $256,240 |
| 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 | $2,527,361 |