Marchen Sagen Academy Inc
- Assets
- $604.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, GA
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 81-1910641
Organization Overview
Marchen Sagen Academy Inc is located in Decatur, GA. The organization was established in 2017. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marchen Sagen Academy 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, Marchen Sagen Academy Inc generated $123.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $114.4k during the year ending 12/2021. While expenses have increased by 6.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
AFTER SCHOOL PROGRAM AND CAMPS FEATURING VIDEO & AUDIO PRODUCTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aldon Couleen Lagon Executive Director | 80 | $32,040 | |
Ariana Lagon Treasurer | 20 | $9,340 | |
Maureen Matos Employee | 20 | $1,836 | |
Toni Dixon Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $123,670 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,670 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,216 |
| Professional fees and other payments to independent contractors | $6,392 |
| Occupancy, rent, utilities, and maintenance | $6,763 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,073 |
| Total expenses | $114,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $604 |
| Total liabilities | $35,348 |
| Net assets or fund balances | -$34,744 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marchen Sagen Academy Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Richard C Munroe Foundation Inc Havana, FL PURPOSE: GENERAL PURPOSE | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iptay Clemson, SC | $124,989,602 | $72,209,791 |
Heartland For Children Inc Bartow, FL | $9,440,569 | $48,626,648 |
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Florida Sheriffs Youth Ranches Inc Boys Ranch, FL | $84,342,372 | $25,037,131 |
National Association Of Competitive Soccer Clubs Myrtle Beach, SC | $2,349,314 | $12,740,248 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Epic-Cure Inc St Augustine, FL | $312,618 | $8,316,447 |
Gulf Coast Childrens Advocacy Panama City, FL | $5,514,072 | $7,744,827 |
National Honorary Beta Club Spartanburg, SC | $16,976,895 | $7,178,910 |
Gang Alternative Inc Miami, FL | $2,177,395 | $7,044,505 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |