Apex Community Advancement Inc
- Assets
- $1.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Long Beach, CA
- Founding
- 02/2012
- Data as of
- 12/2020
- EIN
- 27-1000824
Organization Overview
Apex Community Advancement Inc, operating under the name APEX Youth Center, is located in Long Beach, CA. The organization was established in 2012. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2020, APEX Youth Center employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. APEX Youth Center 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, APEX Youth Center generated $1.9k 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 (52.7%) each year. All expenses for the organization totaled $1.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (56.4%) 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
OPERATED A YOUTH CENTER AND LIFEEXCELLENCE PROGRAM OFFERING TUTORING, MENTORING, PRO-SOCIAL SKILL DEVELOPMENT, SUPERVISED ACTIVITIES, SPORTS AND RECREATION, AS WELL AS ENRICHMENT CLASSES SUCH AS MUSIC, ART AND DRAMA. BEFORE CLOSING IN MARCH OF 2019, APEX WAS SERVING AN AVERAGE OF 35-75 STUDENTS PER DAY, 6 DAYS PER WEEK. EXPENSES INCLUDE ALL COMMUNITY CENTER FACILITY EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Fitzpatrick Executive Director Secretary Ex-Officio Board Member | 1 | $0 | |
Edward Ready Board Chair, President, Treasurer | 1 | $0 | |
Damien Randolf Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,932 |
| 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 | $1,932 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,587 |
| Total expenses | $1,587 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $611 |
| Other assets | $0 |
| Total assets | $1,668 |
| Total liabilities | $3,902 |
| Net assets or fund balances | -$2,234 |