Laru Beya Collective Incorporated
- Assets
- $79.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Far Rockaway, NY
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 84-2451992
Organization Overview
Laru Beya Collective Incorporated is located in Far Rockaway, NY. The organization was established in 2019. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, 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. Laru Beya Collective Incorporated 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 12/2023, Laru Beya Collective Incorporated generated $181.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $161.8k during the year ending 12/2023. While expenses have increased by 33.3% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
OUR PRIMARY SERVICE ACCOMPLISHMENT IS OUR SUMMER SURF PROGRAM. IN 2022 WE PROVIDED FREE SURF LESSONS FOR 115 UNDERSERVED YOUTH IN ADDITION TO LEARNING HOW TO SURF WE HAVE A MENTORING PROGRAM WHERE OUR YOUTH PARTICIPANTS ARE PAIRED WITH A MENTOR. IN 2022 WE INTRODUCED OUR LEARN TO SWIM PROGRAM. WE WERE ABLE TO PROVIDE SWIM LESSONS TO 20 YOUTH OUR MONTHLY CLIMBING IS YEAR-ROUND. 30 YOUTHS PARTICIPATED IN THIS PROGRAM ALL OUR PROGRAMMING IS FREE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Atongular Monique Donaldson Community Outreach Program Director | 40 | $23,244 | |
Aydon Gabrouel Executive Director | 40 | $18,500 | |
Seraphina Belu-John Events Director | 40 | $17,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $181,690 |
| Other Revenue | $0 |
| Total Revenue | $181,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,544 |
| Professional fees and other payments to independent contractors | $3,750 |
| Occupancy, rent, utilities, and maintenance | $45,185 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,291 |
| Total expenses | $161,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,919 |
| Other assets | $0 |
| Total assets | $79,280 |
| Total liabilities | $3,750 |
| Net assets or fund balances | $75,530 |