Skills Center Inc
- Assets
- $17.1m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Tampa, FL
- Founding
- 02/2008
- Data as of
- 12/2023
- EIN
- 26-0631467
Organization Overview
Skills Center Inc is located in Tampa, FL. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Skills Center Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skills 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 12/2023, Skills Center Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 26.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INTENTIONALLY UTILIZE ATHLETICS AS THE MECHANISM TO ACCELERATE ACADEMIC ACHIEVEMENT, BUILD CHARACTER, AND PROMOTE HEALTH & FITNESS FOR YOUNG PEOPLE AGES 3-18 IN TAMPA BAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL BASED PROGRAMS THAT FOCUS ON DEVELOPING CORE COMPETENCIES THROUGH ACADEMIC INSTRUCTION, CHARACTER, EDUCATION, HEALTH & FITNESS AND ATHLETICS.
PROMOTE POSITIVE YOUTH DEVELOPMENT THROUGH ATHLETICS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joselynee Walden Forde Director | Trustee | 2 | $0 |
Patricia Douglas Director | Trustee | 2 | $0 |
Racy Morgan Director | Trustee | 2 | $0 |
Natalie Godwin Director | Trustee | 2 | $0 |
Tiana Hill Director | Trustee | 2 | $0 |
Brittany Iwuagwu Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,212,751 |
| All other contributions, gifts, grants, and similar amounts not included above | $856,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,069,081 |
| Total Program Service Revenue | $492,096 |
| Investment income | $181,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,939,925 |
| 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 | $613,807 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $62,032 |
| Office expenses | $135,346 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $201,866 |
| Travel | $72,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,736 |
| Interest | $1,241,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,964 |
| Insurance | $134,495 |
| All other expenses | $71,158 |
| Total functional expenses | $3,214,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $514,865 |
| Savings and temporary cash investments | $217,167 |
| Pledges and grants receivable | $13,151 |
| Accounts receivable, net | $50,439 |
| 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 | $8,442 |
| Net Land, buildings, and equipment | $1,716,219 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,550,000 |
| Total assets | $17,070,283 |
| Accounts payable and accrued expenses | $1,138,459 |
| 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 | $14,440,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,578,459 |
| Net assets without donor restrictions | $1,491,824 |
| Net assets with donor restrictions | $0 |
| 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 | $17,070,283 |