Center For Success Network
- Assets
- $573.7k
- Revenue
- $551.3k
- Investments
- $0.0
- Employees
- 20
- Location
- Detroit, MI
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 46-3792734
Organization Overview
Center For Success Network is located in Detroit, MI. The organization was established in 2014. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Center For Success Network employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Success Network 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 12/2022, Center For Success Network generated $551.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $856.4k during the year ending 12/2022. 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
THE ORGANIZATION UNITES LITERACY AND COMMUNITY TO EMPOWER STUDENTS IN THE JOURNEY OF EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE EXIST TO IGNITE A PASSION FOR EDUCATION AND INSPIRE STUDENTS TO THRIVE ACADEMICALLY. THROUGH STRUCTURED INTERVENTIONS SPECIFIC TO EACH LEARNER, WE EXPOSE STUDENTS TO VARIOUS EXPERIENCES THAT ENCOURAGE THEM IN THEIR JOURNEY TOWARDS SELF-IDENTIFIED GOALS. WE PROVIDE SPACE AND STRUCTURE FOR STUDENTS TO COLLABORATE WITH A DEDICATED MENTOR. OUR INTENTION IS TO PAVE THE WAY FOR LIFELONG, ENGAGED LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Resnik Director | Trustee | 1 | $0 |
Andrea Meyer Executive Director/secretary | OfficerTrustee | 40 | $83,384 |
Derek J Ikeler Board President | OfficerTrustee | 1 | $0 |
Gabrial Taylor Director | Trustee | 1 | $0 |
Ingrid White Director | Trustee | 1 | $0 |
Jennifer Bohne Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,437 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $425,960 |
| Noncash contributions included in lines 1a–1f | $5,437 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $431,397 |
| Total Program Service Revenue | $85,899 |
| Investment income | $2,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,014 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $551,319 |
| 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. | $83,384 |
| Compensation of current officers, directors, key employees. | $7,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $454,359 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,047 |
| Payroll taxes | $43,589 |
| Fees for services: Management | $36,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,464 |
| Office expenses | $31,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,863 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,693 |
| Interest | $4,124 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,984 |
| Insurance | $6,580 |
| All other expenses | $0 |
| Total functional expenses | $856,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,140 |
| Savings and temporary cash investments | $5,505 |
| Pledges and grants receivable | $95,500 |
| Accounts receivable, net | $78,571 |
| 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 | $96,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,373 |
| Total assets | $573,740 |
| Accounts payable and accrued expenses | $29,114 |
| 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 | $149,368 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,579 |
| Total liabilities | $256,061 |
| Net assets without donor restrictions | $173,662 |
| Net assets with donor restrictions | $144,017 |
| 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 | $573,740 |