Neighborhood
- Assets
- $190.8k
- Revenue
- $373.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Chesapeake, VA
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-3268779
Organization Overview
Neighborhood is located in Chesapeake, VA. The organization was established in 2018. 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 12/2021, Neighborhood employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborhood 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, Neighborhood generated $373.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $269.3k during the year ending 12/2021. 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 SKILL TRAINING AND COMMUNITY SUPPORT TO RESIDENTS SO THAT THEY MAY OBTAIN GAINFUL EMPLOYMENT IN A LIVING-WAGE CAREER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER PATHWAYS - A THREE STEP PROCESS, INCLUDING PERSONAL DEVELOPMENT, SKILL TRAINING, AND CAREER LAUNCH. 9 PARTICIPANTS (CALLED "LEADERS") GRADUATED FROM THE PROGRAM IN MARCH 2020 AND 12 MORE ENROLLED IN THE CURRICULUM WHICH BEGAN IN OCTOBER 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Green Chief Operating Officer | OfficerTrustee | 40 | $72,442 |
Joshua Jones Chief Executive Officer | OfficerTrustee | 40 | $56,673 |
Michael Senecal Chief Financial Officer | OfficerTrustee | 5 | $0 |
Lakeisha Carey Director | Trustee | 2 | $0 |
Ului Latu Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,843 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $360,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $373,471 |
| 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 | $373,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,705 |
| 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 | $174,115 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $975 |
| Advertising and promotion | $4,441 |
| Office expenses | $3,237 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,900 |
| 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 | $1,527 |
| Insurance | $923 |
| All other expenses | $27,302 |
| Total functional expenses | $269,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,925 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,046 |
| Total assets | $190,792 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $117,693 |
| Net assets with donor restrictions | $73,099 |
| 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 | $190,792 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Neighborhood has recieved totaling $164,756.
| Awarding Organization | Amount |
|---|---|
Christian Broadcasting Network Inc Virginia Beach, VA PURPOSE: COMMUNITY SUPPORT | $57,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: NEIGHBORHOOD CAREER & COMMUNITY DEVELOPMENT | $40,000 |
United Way Of South Hampton Roads Norfolk, VA PURPOSE: GRANTS AWARDED | $25,685 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: FOR GENERAL SUPPORT | $18,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: CAREER & COMMUNITY DEVELOPMENT PROGRAM | $12,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: CAREER & COMMUNITY DEVELOPMENT PROGRAM | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Go-Hire Employment And Development Hazard, KY | $7,206,602 | $38,687,303 |
Generation Usa Washington, DC | $17,938,466 | $7,677,123 |
Change Incorporated Weirton, WV | $10,912,278 | $21,367,906 |
Opportunities Industrialization Center Inc Rocky Mount, NC | $10,127,019 | $21,768,634 |
Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Opportunity At Work Inc Washington, DC | $8,759,075 | $9,572,974 |
Southeast Community Capital Corporation Nashville, TN | $264,396,878 | $22,555,455 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Northern Middle Tennessee Local Workforce Development Board Inc Clarksville, TN | $2,905,431 | $10,764,896 |
Anne Arundel Workforce Development Corporation Inc Millersville, MD | $2,854,225 | $10,470,291 |
Workforce Essentials Inc Clarksville, TN | $30,139,027 | $9,106,360 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |