4th Family Inc is located in Albany, NY. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4th Family 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 09/2021, 4th Family Inc generated $107.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $142.8k during the year ending 09/2021. While expenses have increased by 14.3% per year over the past 4 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jahkeen Hoke Chief Development Officer | 20 | $0 | |
John Scott Chief Program Officer | 25 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,293 |
Total Program Service Revenue | $75,097 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $15,000 |
Total Revenue | $107,390 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,695 |
Professional fees and other payments to independent contractors | $3,835 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $78 |
Other expenses | $108,211 |
Total expenses | $142,819 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,889 |
Other assets | $0 |
Total assets | $32,889 |
Total liabilities | $66,500 |
Net assets or fund balances | -$33,611 |
Over the last fiscal year, we have identified 1 grants that 4th Family Inc has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Carl E Touhey Foundation Albany, NY PURPOSE: HOSTS TEEN/COMMUNITY EVENTS, MENTOR PROGRAMS, PERSONAL DEVELOPMENT PROGRAMS, EDUCATIONAL PROGRAMMING, WELLNESS & HEALTH PROGRAMS, ANNUAL SPORTS LEAGUES & TOURNAMENTS, AS WELL AS EDUCATIONAL TRIPS. ENGAGED WITH ALL COMMUNITIES IN THE CAPITAL DISTRICT, STARTING IN THE HIGH SCHOOLS. GOALS ARE TO MOTIVATE, ENCOURAGE AND UPLIFT THE COMMUNITY. TARGETS AT-RISK YOUTH AND ADULTS AND PROVIDING THEM WITH AN ARRAY OF UNIQUE PERSONAL DEVELOPMENT OPPORTUNITIES. | $100,000 |
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