Prince Complex Inc
- Assets
- $161.8k
- Revenue
- $221.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 76-0558666
Organization Overview
Prince Complex Inc is located in Houston, TX. The organization was established in 1999. 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 12/2021, Prince Complex Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prince Complex 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 12/2021, Prince Complex Inc generated $221.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $164.6k during the year ending 12/2021. While expenses have increased by 3.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A RECREATION AREA FOR CHILDREN AND YOUNG ADULTS IN ORDER TO COMBAT JUVENILE DELINQUENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JANUARY - HOSTED EVENT FOR HOMELESS INDIVIDUALS AND PROVIDED STUDENT WITH SCHOLARSHIP FEBRUARY - PROVIDED STUDENT WITH SCHOLARSHIP MARCH & JUNE- PROVIDED FINANCIAL SUPPORT TO FAMILIES WITH UNEXPECTED EXPENSES OCTOBER - PROVIDED STUDENT WITH SCHOLARSHIP NOVEMBER & DECEMBER - HOSTED EVENTS FOR CHILDREN AND YOUNG ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Andre Prince President | Trustee | 10 | $0 |
Mary Page Prince Chairman | Trustee | 10 | $0 |
Dr Ralph D West Vice Chair | Trustee | 5 | $0 |
Sylvester Turner Sec/treasurer | Trustee | 5 | $0 |
Financial Statements
| 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 | $217,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,127 |
| Total Program Service Revenue | $0 |
| 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 | $221,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,494 |
| 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 | $22,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,712 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $497 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $15,376 |
| Insurance | $20,309 |
| All other expenses | $36,763 |
| Total functional expenses | $164,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,970 |
| 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 | $4,300 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $141,393 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $161,813 |
| 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 | $0 |
| Other liabilities | $40,800 |
| Total liabilities | $40,800 |
| Net assets without donor restrictions | $121,013 |
| 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 | $161,813 |
Grants Awarded
Over the last fiscal year, Prince Complex Inc has awarded $80,010 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: To provide scholarships for students | $50,000 |
BARNES FAMILY SCHOLARSHIP FUND PURPOSE: To provide scholarships for students | $10,500 |
San Diego, CA PURPOSE: To provide scholarships for students | $8,000 |
LAMAR UNIVERSITY PURPOSE: To provide scholarship | $6,000 |
Houston, TX PURPOSE: To provide scholarships to students | $5,510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Empowerment Services Inc San Antonio, TX | $7,844,599 | $11,560,080 |
The Life Link Santa Fe, NM | $3,097,508 | $7,396,927 |
Center For Success And Independence Inc Houston, TX | $2,763,575 | $6,535,294 |
The Mentoring Alliance Tyler, TX | $10,248,637 | $7,386,369 |
Boys & Girls Club Of Oklahoma County Inc Oklahoma City, OK | $13,692,559 | $7,392,530 |
Challenge Soccer Club Spring, TX | $1,043,388 | $3,206,725 |
Reconcile New Orleans Inc New Orleans, LA | $5,941,399 | $3,256,668 |
Lake Travis Youth Association Austin, TX | $3,138,331 | $2,866,170 |
Sa Youth San Antonio, TX | $2,712,910 | $2,327,387 |
Tulsa Dream Center Inc Tulsa, OK | $4,560,115 | $3,603,226 |
Fayetteville Youth Center Inc Fayetteville, AR | $12,297,154 | $2,561,088 |
Camp Summit Inc Dallas, TX | $14,161,470 | $2,314,142 |