Oikos Community Corporation is located in Flushing, NY. The organization was established in 2011. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Oikos Community Corporation employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oikos Community Corporation 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 12/2021, Oikos Community Corporation generated $955.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $815.3k during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OCC'S MISSION IS TO PROVIDE NECESSARY SERVICES TO MEET THE NEEDS OF THE COMMUNITY THAT WE ARE IN. OUR PROGRAMS INCLUDE: PRE-SCHOOL (3K/4K), DAYCARE, SUMMER CAMP, AND SPORTS MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
3K/4K (PRE-K) PROGRAM: THE 3K/4K PROGRAM IS A CONTRACT AGREEMENT WITH THE NYC DEPT OF EDUCATION TO PROVIDE EARLY CARE AND EDUCATION SERVICES TO CHILDREN WHO ARE 3 YEARS (3K) AND 4 YEARS (4K) OLD. THE SCHOOL YEAR BEGINS IN SEPTEMBER AND ENDS IN JUNE OF THE FOLLOWING YEAR. THIS PROGRAM CONSISTED OF 21 STUDENTS FROM JANUARY TO JUNE AND 33 STUDENTS FROM SEPTEMBER TO DECEMBER. THE STAFF COMPRISED OF 1 EDUCATION DIRECTOR, 2 TEACHERS, 2 TEACHER ASSISTANTS, 1 ADMINISTRATOR AND 2 PART-TIME EMPLOYEES (1 ACCOUNTANT AND 1 MAINTENANCE WORKER).
LEARNING BRIDGE (LEARNING LAB) PROGRAM: AS MENTIONED IN PRIOR YEAR'S FORM 990, THIS IS A COVID-19 RELATED PROGRAM WITH THE NYC DEPT OF YOUTH & COMMUNITY DEVELOPMENT THAT WAS DEVELOPED TO ENHANCE THE TEACHING OF ELEMENTARY AND MIDDLE SCHOOL AGED STUDENTS. DURING THE SCHOOL CLOSURE DAYS RELATED TO COVID-19 FROM JANUARY TO JUNE, AND ALSO DURING THE NYC COVID HYBRID CLASS SCHEDULED DAYS THAT THE CHILDREN ARE REQUIRED TO LEARN AT HOME, OCC HOSTS THESE CHILDREN AT OUR FACILITIES TO ATTEND CLASSES ONLINE. THE AVERAGE WEEKLY STUDENT ATTENDANCE WAS: 35 STUDENTS IN JANUARY, 32 STUDENTS IN FEBRUARY, 49 STUDENTS IN MARCH, 17 STUDENTS IN APRIL, 9 STUDENTS IN MAY, AND 10 STUDENTS IN JUNE. THE STAFF CONSISTED OF 2 TEACHERS, 1 TEACHER ASSISTANT, 1 DIRECTOR, 2 PART-TIME EMPLOYEES, AND A RANGE OF 1 TO 9 ADDITIONAL PART TIME HELPERS THAT WERE NEEDED TO ACCOMMODATE THE STUDENT ATTENDANCE THAT VARIED EACH SCHOOL DAY. PLEASE NOTE THAT THIS WAS A ONE-TIME CONTRACT FOR THE SCHOOL PERIOD OF OCTOBER 2020 TO JUNE 2021.
OCC SUMMER PARADISE: THIS IS A SUMMER SCHOOL PROGRAM DURING EARLY JULY TO LATE AUGUST FOR CHILDREN FROM GRADES PRESCHOOL TO 8TH GRADE. WE BELIEVE THAT EACH PERSON IS UNIQUELY CREATED IN GOD'S IMAGE TO REPRESENT HIS GOODNESS, TO GROW IN HIS LIKENESS, AND TO FAITHFULLY LIVE OUT HIS PURPOSE. OUR SUMMER SCHOOL PROGRAM STRIVES TO PROVIDE AN ENVIRONMENT THAT HELPS THE CHILDREN TO DEVELOP GODLY CHARACTERISTICS AND TO FURTHER ENHANCE HIS/HER ACADEMIC POTENTIAL. THIS PROGRAM COMPRISED OF 11 CLASSES WITH AN ENROLLMENT OF 149 STUDENTS. WE EMPLOYED 1 DIRECTOR, 11 TEACHERS, 22 TEACHER ASSISTANTS AND HAD 12 VOLUNTEERS.
OCC DAYCARE PROGRAM: OUR DAYCARE PROGRAM AIMS TO PROVIDE A SAFE AND DEVELOPMENTALLY APPROPRIATE ENVIRONMENT THAT NURTURES EACH CHILD'S SOCIAL, EMOTIONAL, PHYSICAL, COGNITIVE AND SPIRITUAL GROWTH. OUR STAFF IS COMMITTED TO BRING FAITH, HOPE AND LOVE TO EACH CHILD. WE STRIVE TO HELP THEM GROW IN WISDOM AND STATURE TO PREPARE THEM FOR THE SCHOOL YEARS AHEAD. WE ALSO AIM TO BRING OUT THE GOSPEL MESSAGE TO THE CHILDREN AND ACTIVELY ENGAGE IN OPPORTUNITIES TO HELP PARENTS UNDERSTAND THE IMPORTANCE OF CHRISTIAN BELIEF IN BRINGING UP THEIR CHILDREN AND HOW THIS FAITH CAN IMPACT THEIR FAMILY DYNAMICS AND GROWTH. THIS PROGRAM CONSISTED OF 8 STUDENTS FROM JANUARY TO JUNE AND 10 STUDENTS FROM SEPTEMBER TO DECEMBER. THE STAFF COMPRISED OF 1 TEACHER AND 1 TEACHER ASSISTANT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wendy Wong Director | OfficerTrustee | 50 | $93,048 |
Rev Keith Loo Treasurer And Executive Director | OfficerTrustee | 2 | $0 |
Rev Stanley Kwong President | OfficerTrustee | 1 | $0 |
James Tam Secretary | OfficerTrustee | 0.5 | $0 |
Rev Wai Lueh Kwong Director | Trustee | 0.25 | $0 |
Dr Frank Tung Director | Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $642,367 |
All other contributions, gifts, grants, and similar amounts not included above | $10,890 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $653,257 |
Total Program Service Revenue | $205,838 |
Investment income | $377 |
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 | $955,394 |
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. | $93,048 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $473,506 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $53,439 |
Payroll taxes | $43,341 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $7,431 |
Information technology | $216 |
Royalties | $0 |
Occupancy | $93,276 |
Travel | $0 |
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 | $437 |
Insurance | $8,189 |
All other expenses | $15,230 |
Total functional expenses | $815,304 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,360 |
Savings and temporary cash investments | $102,450 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $13,263 |
Net Land, buildings, and equipment | $437 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $213,510 |
Accounts payable and accrued expenses | $36,934 |
Grants payable | $68,815 |
Deferred revenue | $51,206 |
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 | $14,526 |
Total liabilities | $171,481 |
Net assets without donor restrictions | $42,029 |
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 | $213,510 |
Over the last fiscal year, we have identified 1 grants that Oikos Community Corporation has recieved totaling $76.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Organization Name | Assets | Revenue |
---|---|---|
Police Athletic League Inc New York, NY | $36,398,087 | $28,810,897 |
Manhattan Youth Recreation And Resources Inc New York, NY | $17,184,242 | $19,141,924 |
Sephardic Community Youth Center Brooklyn, NY | $72,169,796 | $17,975,881 |
Alliance Community Healthcare Inc Jersey City, NJ | $11,068,751 | $12,649,986 |
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Boys And Girls Clubs Of Northwest New Jersey Inc Wayne, NJ | $6,341,949 | $5,450,111 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Vagabond Missions Pittsburgh, PA | $2,255,998 | $3,415,879 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |