New Fellowship Development Corporation
- Assets
- $63.9k
- Revenue
- $303.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Opa Locka, FL
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 65-0997146
Organization Overview
New Fellowship Development Corporation is located in Opa Locka, FL. The organization was established in 2000. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Fellowship Development Corporation 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 12/2021, New Fellowship Development Corporation generated $303.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $317.6k during the year ending 12/2021. While expenses have increased by 11.9% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DAY CARE SERVICES FOR UNDER PRIVILEDGED CHILDREN IN THE OPA LOCKA AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmye Larkin President | 20 | $0 | |
Rose Cabrera Administrator | 40 | $0 | |
Marlen Fundora Assistant | 40 | $0 | |
Lucesita Altamonte Teacher | 25 | $0 | |
Odalys Romero Teacher | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $303,161 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $303,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $60,050 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,608 |
| Depreciation | $2,370 |
| Occupancy | $36,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $201,574 |
| Total operating and administrative expenses | $317,550 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $317,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,091 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $21,779 |
| Other assets | $0 |
| Total assets | $63,870 |
| Accounts payable and accrued expenses | $10,023 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $42,788 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $52,811 |