Mareda Center Inc
- Assets
- $34.2k
- Revenue
- $185.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Toledoi, OH
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-1794238
Organization Overview
Mareda Center Inc is located in Toledoi, OH. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mareda 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 12/2021, Mareda Center Inc generated $185.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $203.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 3 years. 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 LIFE-CHANGING EXPERIENCES IN PRINCIPLE-CENTERED VALUED FOR THE FAMILIES OF MOODY AND REGINA MANORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE REEDING ROOM HELPS CHILDREN AGES 3-5 LEARN THROUGH FUN, HANDS-ON EXPERIENCES. HOMEWORK ASSIST, TUTORING, ACCESS TO TECHNOLOGY, SUPPLIES FOR COMPLETING PROJECTS, CARING/COMPETENT SUPERVISION ALL HELP CHILDREN EXCEL ACADEMICALLY. IN PARTNERSHIP WITH PENTA CAREER CENTER, THE MAREDA CENTER OFFERS ADULTS AN OPPORTUNITY TO OBTAIN THEIR GED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Hanna Secretary | OfficerTrustee | 1 | $0 |
Dale Seymour President | OfficerTrustee | 1 | $0 |
Erik Croak Trustee | Trustee | 1 | $0 |
Lisa Seitz Trustee | Trustee | 1 | $0 |
Jason Campbell Trustee | Trustee | 1 | $0 |
Matthew Sapara Trustee | Trustee | 1 | $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 | $185,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,936 |
| 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 | $185,936 |
| 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 | $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 | $3,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,273 |
| Advertising and promotion | $0 |
| Office expenses | $10,330 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,145 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,618 |
| All other expenses | $5,632 |
| Total functional expenses | $203,779 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,223 |
| 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 | $2,308 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,629 |
| Total assets | $34,160 |
| 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 | $17,736 |
| Other liabilities | $1,092 |
| Total liabilities | $18,828 |
| Net assets without donor restrictions | $15,332 |
| 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 | $34,160 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mareda Center Inc has recieved totaling $57,968.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: EQUITY IN EDUCATION PROJECT, LEARNING BEYOND BOUNDARIES, CHILDREN FIRST FUND | $28,210 |
Bon Secours Mercy Health Foundation Cincinnati, OH PURPOSE: Program Support | $20,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $9,758 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Merakey New Jersey Inc Lafayette Hill, PA | $3,333,906 | $18,038,178 |
St Vincent De Paul Community Pharmacy Of Cincinnati Cincinnati, OH | $5,013,896 | $12,938,720 |
St Edmonds Home For Crippled Children Philadelphia, PA | $49,721,966 | $18,318,758 |
Lindner Center Of Hope Professional Associates Mason, OH | $872,961 | $8,136,686 |
Newlands Health Philadelphia, PA | $1,159,090 | $8,229,782 |
Transitional Services Inc Homestead, PA | $10,014,611 | $8,842,162 |
Emmaus Community Of Pittsburgh Pittsburgh, PA | $6,056,245 | $6,901,501 |
Community At Holy Family Manor Inc Pittsburgh, PA | $2,157,302 | $4,230,845 |
King Highland Community Redevelopment Corporation Cincinnati, OH | $32,830,933 | $2,909,928 |
Union-Snyder Agency On Aging Inc Lewisburg, PA | $2,513,520 | $3,702,952 |
Diocesan Council Of Marquette Mi Society Of St Vincent De Paul Marquette, MI | $8,667,690 | $4,832,961 |
Heart 2 Heart Volunteers Inc Wheeling, WV | $3,959,344 | $2,766,146 |