Overtown Youth Center Inc
- Assets
- $23.4m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 223
- Location
- Miami, FL
- Founding
- 03/2001
- Data as of
- 06/2023
- EIN
- 65-1048896
Organization Overview
Overtown Youth Center Inc is located in Miami, FL. The organization was established in 2001. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Overtown Youth Center Inc employed 223 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Overtown Youth 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 06/2023, Overtown Youth Center Inc generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $7.6m during the year ending 06/2023. While expenses have increased by 11.9% per year over the past 8 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
THE MISSION OF THE OVERTOWN YOUTH CENTER IS TO INSPIRE AND EMPOWER YOUTH AND FAMILIES BY FOSTERING HOPE THROUGH ENRICHMENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERTOWN YOUTH CENTER IS AN INNER-CITY YOUTH CENTER LOCATED IN MIAMI, FLORIDA ESTABLISHED FOR THE PURPOSE OF HELPING TO IMPROVE THE LIVES OF AT-RISK YOUTH IN SOUTH FLORIDA AND TO GIVE FAMILIES A PLACE THAT INSTILLS A SENSE OF PRIDE THROUGH EDUCATION PROGRAMS, ORGANIZED ATHLETICS, EMPLOYMENT ENHANCEMENT SKILLS AND CULTURAL AWARENESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Brown CEO | Officer | 1 | $203,802 |
Stephen A Marino Jr ESQ Chairman | OfficerTrustee | 1 | $0 |
Michelle Febres Vice Chair | OfficerTrustee | 1 | $0 |
Andres Asion Secretary | OfficerTrustee | 1 | $0 |
Shawn Alexander Treasurer | OfficerTrustee | 1 | $0 |
Rod Adkins Director | Trustee | 11 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Healthcare Insurance Provider | 6/29/21 | $156,057 |
Kathryn Johnson Catering For Student | 6/29/21 | $113,670 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,490,875 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,283,185 |
| Noncash contributions included in lines 1a–1f | $972,845 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,774,060 |
| Total Program Service Revenue | $0 |
| Investment income | $229,724 |
| 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 | $11,129,641 |
| 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 | $3,610,242 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $478,563 |
| Payroll taxes | $0 |
| 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 | $94,709 |
| Advertising and promotion | $0 |
| Office expenses | $272,142 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,161 |
| Travel | $660,368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,790 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,618 |
| Insurance | $73,891 |
| All other expenses | $326,283 |
| Total functional expenses | $7,561,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,982,801 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $651,174 |
| 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 | $462,339 |
| Investments—publicly traded securities | $3,619,071 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,693,916 |
| Total assets | $23,409,301 |
| Accounts payable and accrued expenses | $328,950 |
| 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 | $0 |
| Other liabilities | $523,290 |
| Total liabilities | $852,240 |
| Net assets without donor restrictions | $4,277,921 |
| Net assets with donor restrictions | $18,279,140 |
| 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 | $23,409,301 |