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. As of 12/2023, 4th Family Inc employed 10 individuals. 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 12/2023, 4th Family Inc generated $499.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $592.7k during the year ending 12/2023. While expenses have increased by 32.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST, EMPOWER, AND EDUCATE THOSE IN THE COMMUNITY WHO STRIVE FOR SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM - WE GIVE AT-RISK YOUTH A GIFT THAT LASTS A LIFETIME: THE KNOWLEDGE THAT SCIENCE IS WITHIN REACH. THE CONFIDENCE TO RESEARCH, ANALYZE AND PRESENT DATA IN CONTEXT SUPPORTS ECONOMIC MOBILITY, ENTREPRENEURSHIP, SOCIAL AND RACIAL JUSTICE. SCIENCE BELONGS TO US ALL; WITH AN UNDERSTANDING OF SCIENCE AND THE WORLD, WE STAND TALL.
MENTOR - 4TH FAMILY STANDS WITH OUR SCHOOL SYSTEMS, PROVIDING SOCIAL AND EMOTIONAL SUPPORT TO STUDENTS FACING ACADEMIC AND BEHAVIORAL CHALLENGES. OUR INTERVENTION PROGRAM EXUDES INTEGRITY, EMBRACES LEARNING, AND TEACHES THE PRACTICES OF PERSONAL AND GROUP RESPONSIBILITY. OUR YOUNG PEOPLE ARE OUR FUTURE; WE HAVE THEIR BACKS.
SOCIAL EMOTIONAL LEARNING PROGRAM - THROUGH OUR SEL PROGRAMS, WE PROVIDE YOUNG PEOPLE WITH TOOLS AND STRATEGIES TO NAVIGATE CHALLENGING SITUATIONS, SUCH AS STRESS, PEER PRESSURE, AND CONFLICTS. WE HELP THEM BUILD THEIR SELF-AWARENESS, SELF-MANAGEMENT, SOCIAL AWARENESS, AND RELATIONSHIP SKILLS. THIS PROGRAM ALSO EMPHASIZES THE IMPORTANCE OF EMPATHY, INCLUSIVITY, AND RESPECT FOR DIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Analusette Shaello Trustee | Trustee | 0 | $0 |
Kimberley Wallace Trustee | Trustee | 0 | $0 |
Christopher Eilis Trustee | Trustee | 0 | $0 |
Tiffany Smith Trustee | Trustee | 0 | $0 |
Jahkeen Hoke President | Officer | 20 | $32,000 |
John Scott Vice President | Officer | 25 | $115,000 |
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 | $412,197 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $412,197 |
Total Program Service Revenue | $87,210 |
Investment income | $0 |
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 | $499,407 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $354,096 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $30,113 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,188 |
Fees for services: Accounting | $1,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $42,752 |
Office expenses | $4,799 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $104 |
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 | $0 |
Insurance | $3,929 |
All other expenses | $1,293 |
Total functional expenses | $592,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,428 |
Savings and temporary cash investments | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $35,428 |
Accounts payable and accrued expenses | $0 |
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 | $64,505 |
Other liabilities | $0 |
Total liabilities | $64,505 |
Net assets without donor restrictions | -$29,077 |
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 | $35,428 |