Oic Of South Florida Inc
- Assets
- $1.5m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 124
- Location
- Fort Lauderdale, FL
- Founding
- 09/2002
- Data as of
- 06/2023
- EIN
- 65-1117147
Organization Overview
Oic Of South Florida Inc is located in Fort Lauderdale, FL. The organization was established in 2002. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2023, Oic Of South Florida Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oic Of South Florida 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, Oic Of South Florida Inc generated $7.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $7.1m during the year ending 06/2023. While expenses have increased by 7.1% 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
OIC OF SOUTH FLORIDA, INC A 501(C)(3) NONPROFIT ORGANIZATION, IS A LEADER IN PROVIDING TRAINING, EDUCATION, PLACEMENT, SELF HELP AND JOB OPPORTUNITIES FOR THE POOR AND UNDERSERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK FORCE DEVELOPMENT (WFD)WFD DIVISION HAS ASSISTED SEVERAL THOUSANDS OF PARTICIPANTS WITH OVERCOMING BARRIERS TO SELF SUFFICIENCY AS THEY TRANSITIONED BACK INTO THE COMMUNITY AFTER INCARCERATION (RE ENTRY SERVICES), AND PROVIDE COMPETENCY BASED ON VOCATIONAL TRAINING TO PREPARE PARTICIPANTS FOR ENTRY INTO THE WORKFORCE. (PATHWAY) ALL PROGRAM PARTICIPANTS ALSO RECEIVED COMPREHENSIVE CASE MANAGEMENT SUPPORT AND JOB READINESS/PLACEMENT SERVICES TO ENHANCE THEIR PERSONAL AND PROFESSIONAL DEVELOPMENT.
YOUTH AND FAMILIESYOUTH AND FAMILY SERVICES DIVISION PROVIDES SOUTH FLORIDA YOUTH WITH ACADEMIC AND SOCIAL ENRICHMENT: LIFE SKILLS, MENTORING, ACADEMIC SUPPORT THROUGH SCHOOLS AND COMMUNITY PARTNERS, CAREER DEVELOPMENT, YOUTH LEADERSHIP, SERVICE LEARNING OPPORTUNITIES, EVIDENCE BASED CLASSROOM EDUCATION AND EFFECTIVE CASE MANAGEMENT. OICSFL HAS OPERATED PROGRAMS IN OVER 75 SCHOOLS AND COMMUNITY BASED SITES IN BROWARD AND MIAMI DADE COUNTIES SERVING OVER 8,000 YOUTHS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Berman Chairman | OfficerTrustee | 2 | $0 |
Pastor Wayne Lomax Vice Chair | OfficerTrustee | 2 | $0 |
El Pagnier Kay Ek Hudson Secretary | OfficerTrustee | 2 | $0 |
Felipe Basulto Board Member | Trustee | 1 | $0 |
Keith Tribble Board Member | Trustee | 1 | $0 |
Andrea Braynon Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amtc & Associates Llc Evaluation & Reporting Services | 6/29/23 | $460,608 |
Oakland Commerce Center Llc Office Lease | 6/29/23 | $182,191 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,401,262 |
| All other contributions, gifts, grants, and similar amounts not included above | $851,122 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,252,384 |
| Total Program Service Revenue | $0 |
| Investment income | $315 |
| 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 | $7,318,230 |
| 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. | $495,007 |
| Compensation of current officers, directors, key employees. | $87,470 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,610,047 |
| Pension plan accruals and contributions | $302,050 |
| Other employee benefits | $107,474 |
| Payroll taxes | $479,451 |
| 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 | $785,664 |
| Advertising and promotion | $0 |
| Office expenses | $36,617 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $273,251 |
| Travel | $136,143 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,728 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,331 |
| Insurance | $25,989 |
| All other expenses | $252,628 |
| Total functional expenses | $7,096,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,380 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $814,590 |
| 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 | $38,666 |
| Net Land, buildings, and equipment | $53,757 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $605,117 |
| Total assets | $1,529,510 |
| Accounts payable and accrued expenses | $449,237 |
| Grants payable | $0 |
| Deferred revenue | $298,867 |
| 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 | $126,091 |
| Total liabilities | $874,195 |
| Net assets without donor restrictions | $655,315 |
| 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 | $1,529,510 |