Silver Spring Neighborhood Center Inc
- Assets
- $2.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 105
- Location
- Milwaukee, WI
- Founding
- 03/1961
- Data as of
- 06/2021
- EIN
- 39-0966281
Organization Overview
Silver Spring Neighborhood Center Inc is located in Milwaukee, WI. The organization was established in 1961. 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 06/2021, Silver Spring Neighborhood Center Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Spring Neighborhood 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 06/2021, Silver Spring Neighborhood Center Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.7m during the year ending 06/2021. While expenses have increased by 0.1% per year over the past 6 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
TO BUILD A SAFER STRONGER NEIGHBORHOOD AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD EDUCATION: 150 CHILDREN, AGES 6 WEEKS TO 12 YEARS, ATTENDED IN FY21. THE PROGRAM PROVIDES HIGH-QUALITY CARE AND EDUCATION FOR LOW-INCOME CHILDREN TO PREPARE THEM TO ENTER SCHOOL WITH AGE-APPROPRIATE SKILLS, AND OFFERS FAMILIES A SAFE AND CONVENIENT PROGRAM FOR THEIR CHILDREN WHILE THEY WORK OR ATTEND SCHOOL.YOUTH DEVELOPMENT: APPROXIMATELY 1,461 YOUTHS, AGES 6-18 YEARS, PARTICIPATED IN THE VARIOUS PROGRAMS. SSNC IS ONE OF THE FEW "SAFE PLACES" FOR AT-RISK KIDS IN NORTHWEST MILWAUKEE TO FIND ACADEMIC SUPPORT, RECREATIONAL OPPORTUNITIES, AND STRONG ADULT ROLE MODELS AFTER SCHOOL AND DURING THE SUMMER. THE TRANSFORMING MILWAUKEE PROGRAM TRAINS UNEMPLOYED INDIVIDUALS WHO DO NOT QUALIFY FOR UNEMPLOYMENT, AND PLACES THEM IN SUBSIDIZED EMPLOYMENT, PREDOMINANTLY IN THE PRIVATE SECTOR, FOR A MAXIMUM OF SIX MONTHS. THE PROGRAM PROVIDES JOB SUPPORT AND COACHING. EMPLOYMENT PROGRAM: APPROXIMATELY 132 INDIVIDUALS, AGES 18-54 YEARS, WERE PLACED INTO A SUBSIDIZED POSITION, PARTICIPANTS WERE EMPLOYED BEYOND 60 DAYS. PARTICIPANTS RECEIVED CERTIFIED TRAINING INCLUDING: CERTIFIED NURSING ASSISTANT, CHILDCARE, CBRF, LANDSCAPING, AND ENVIRONMENTAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devin Hudson Executive Director | Officer | 40 | $95,945 |
Kwasi Ofori-Tano Thru 11521 Dir Of Operations/finance | Officer | 40 | $51,661 |
David Nestingen In-Coming President/board | OfficerTrustee | 1 | $0 |
Heidi Furlong Secretary/ Board Member | OfficerTrustee | 1 | $0 |
Viktor Gottlieb Treasurer/ Board Member | OfficerTrustee | 1 | $0 |
Marvin Bynum Out-Going President/ Board | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $470,404 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,498,865 |
| All other contributions, gifts, grants, and similar amounts not included above | $823,596 |
| Noncash contributions included in lines 1a–1f | $280,276 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,792,865 |
| Total Program Service Revenue | $2,395 |
| Investment income | $566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,770 |
| 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 | $2,842,145 |
| 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. | $126,310 |
| Compensation of current officers, directors, key employees. | $3,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,306,063 |
| Pension plan accruals and contributions | $18,207 |
| Other employee benefits | $96,495 |
| Payroll taxes | $148,847 |
| 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 | $106,859 |
| Advertising and promotion | $3,898 |
| Office expenses | $30,701 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $141,293 |
| Travel | $2,698 |
| 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 | $85,971 |
| Insurance | $33,931 |
| All other expenses | $74,098 |
| Total functional expenses | $2,682,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,757 |
| Savings and temporary cash investments | $1,342,532 |
| Pledges and grants receivable | $254,094 |
| Accounts receivable, net | $11,998 |
| 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 | $41,722 |
| Net Land, buildings, and equipment | $1,083,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,333 |
| Total assets | $2,796,866 |
| Accounts payable and accrued expenses | $111,845 |
| Grants payable | $0 |
| Deferred revenue | $166,900 |
| 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 | $754,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,287 |
| Total liabilities | $1,070,032 |
| Net assets without donor restrictions | $1,598,286 |
| Net assets with donor restrictions | $128,548 |
| 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 | $2,796,866 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Silver Spring Neighborhood Center Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Geiger Family Foundation Inc Milwaukee, WI PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baby Fold Normal, IL | $27,364,116 | $17,486,637 |
Child Care Resource And Referral Inc Rochester, MN | $8,853,289 | $18,520,404 |
Day Care Resources Inc Tremont, IL | $2,117,943 | $17,941,943 |
Centers For New Horizons Inc Chicago, IL | $7,305,979 | $16,275,139 |
Sal Family And Community Services Moline, IL | $8,918,922 | $19,104,520 |
Carole Robertson Center For Learning Chicago, IL | $14,277,174 | $18,327,901 |
Children And Families Of Iowa Des Moines, IA | $18,712,609 | $16,514,094 |
Henry Booth House Chicago, IL | $2,336,796 | $13,372,384 |
Mary Crane League Chicago, IL | $2,658,190 | $10,239,399 |
Mid-Michigan Child Care Centers Inc Freeland, MI | $1,154,182 | $9,904,930 |
Encompass Early Education And Care Inc Green Bay, WI | $8,419,390 | $8,397,899 |
Senior Services Associates Inc Elgin, IL | $5,377,717 | $8,023,049 |