Metropolitan Children And Youth Inc
- Assets
- $514.1k
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 62
- Location
- Detroit, MI
- Founding
- 05/1997
- Data as of
- 10/2022
- EIN
- 38-2586568
Organization Overview
Metropolitan Children And Youth Inc is located in Detroit, MI. The organization was established in 1997. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 10/2022, Metropolitan Children And Youth Inc employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Children And Youth 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 10/2022, Metropolitan Children And Youth Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.9m during the year ending 10/2022. While expenses have increased by 7.9% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HEAD START PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
METROPOLITAN CHILDREN AND YOUTH INC/RENAISSANCE HEAD START WASESTABLISHED TO PROVIDE A PRESCHOOL CHILD DEVELOPMENT PROGRAMFOR CHILDREN FROM LOW SOCIAL-ECONOMIC BACKGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheridan Young Interim Executive Director | OfficerTrustee | 40 | $75,553 |
Tina Edwards Executive Director | 0 | $38,553 | |
April Beaton Executive Director | 0 | $9,962 | |
Rasul Raheem ESQ Member | Trustee | 2 | $0 |
Stacia Little Chairperson | Trustee | 2 | $0 |
Fatima N Plater Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,884,008 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,884,008 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $2 |
| 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 | $3,885,356 |
| 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. | $242,330 |
| Compensation of current officers, directors, key employees. | $242,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,521,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $204,566 |
| Payroll taxes | $131,964 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $339,038 |
| Travel | $6,510 |
| 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 | $2,415 |
| Insurance | $43,146 |
| All other expenses | $946,626 |
| Total functional expenses | $3,862,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $485,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $21,785 |
| 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 | $4,900 |
| Net Land, buildings, and equipment | $1,763 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $514,055 |
| Accounts payable and accrued expenses | $264,821 |
| 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 | $30,000 |
| Total liabilities | $294,821 |
| Net assets without donor restrictions | $219,234 |
| 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 | $514,055 |