Time 2 Win Community Organization Inc
- Assets
- $92.9k
- Revenue
- $356.9k
- Investments
- $0.0
- Employees
- 4
- Location
- West Palm Beach, FL
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 87-0785091
Organization Overview
Time 2 Win Community Organization Inc, operating under the name Time 2 Win Academy, is located in West Palm Beach, FL. The organization was established in 2011. 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 12/2022, Time 2 Win Academy employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Time 2 Win Academy 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 12/2022, Time 2 Win Academy generated $356.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $435.3k during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SUPPORT LOW ECONOMIC FAMILIES WITH INFORMATION, SERVICES, AND TRAINING TO MEET THEIR LIVING NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORT AND PROVIDE LOW INCOME FAMILIES WITH SERVICES THAT INCLUDE PRE- SCHOOL EDUCATION, TRAINING FOR CHILDREN AGES 2-5. WE GIVE THEM THE FOUNDATION TO BE SUCCESFUL AS THE MATURE AND GROW UP. THESE SERVICES ARE PROVIDED FOR PREDOMINATELY LOW INCOME FAMILIES APPROXIMATELY 65 KIDS. THESE SERVICES ARE PROVIDED YEAR ROUND. WE ALSO PROVIDE AFTERSCHOOL CARE FOR STUDENTS AGES 6-12 YEARS OF AGE. TEACHERS ALSO HELP THESE STUDENTS WITH HOMEWORK, MATH TUTORIAL, AND PROJECTS FOR SCHOOL. COMPUTER SKILLS TRAINING AND RECREATIONAL ACTIVITIES ARE PROVIDED FOR THESE STUDENTS. WE SERVICE ABOUT 20 SCHOOL AGE STUDENTS THROUGHOUT THE YEAR. ALL STUDENTS GET FREE BREAKFAST, LUNCH, AND A SNACK WHILE ATTENDING OUR CENTER. THERE IS ALSO EDUCATIONAL OPPOTUNITES FOR PARENT WORKSHOPS AND TRAINING. THEY ARE TAUGHT TO GIVE KNOWELDGE AND FACILITATE GROWTH ON A VARIETY OF SERVICES THAT CAN HELP FAMILIES THAT ARE DEALING WITH DIFFERENT ISSUES. FORTY TO FIFTY FAMILIES AND PARENTS BENEFIT FROM THESE WORKSHOP AND PROGRAMS.
WE SUPPORT AND PROVIDE LOW INCOME FAMILIES WITH SERVICES THAT INCLUDE PRE- SCHOOL EDUCATION, TRAINING FOR CHILDREN AGES 2-5. WE GIVE THEM THE FOUNDATION TO BE SUCCESFUL AS THE MATURE AND GROW UP. THESE SERVICES ARE PROVIDED FOR PREDOMINATELY LOW INCOME FAMILIES APPROXIMATELY 65 KIDS. THESE SERVICES ARE PROVIDED YEAR ROUND. WE ALSO PROVIDE AFTERSCHOOL CARE FOR STUDENTS AGES 6-12 YEARS OF AGE. TEACHERS ALSO HELP THESE STUDENTS WITH HOMEWORK, MATH TUTORIAL, AND PROJECTS FOR SCHOOL. COMPUTER SKILLS TRAINING AND RECREATIONAL ACTIVITIES ARE PROVIDED FOR THESE STUDENTS. WE SERVICE ABOUT 20 SCHOOL AGE STUDENTS THROUGHOUT THE YEAR. ALL STUDENTS GET FREE BREAKFAST, LUNCH, AND A SNACK WHILE ATTENDING OUR CENTER. THERE IS ALSO EDUCATIONAL OPPOTUNITES FOR PARENT WORKSHOPS AND TRAINING. THEY ARE TAUGHT TO GIVE KNOWELDGE AND FACILITATE GROWTH ON A VARIETY OF SERVICES THAT CAN HELP FAMILIES THAT ARE DEALING WITH DIFFERENT ISSUES. FORTY TO FIFTY FAMILIES AND PARENTS BENEFIT FROM THESE WORKSHOP AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell V Hepburn President | Officer | 40 | $45,500 |
Sharon Hepburn Vice Preside | Officer | 40 | $45,500 |
Darrell D Hepburn 2nd Vice Pre | Officer | 40 | $25,710 |
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 | $194,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,537 |
| Total Program Service Revenue | $162,392 |
| 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 | $356,929 |
| 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. | $116,710 |
| Compensation of current officers, directors, key employees. | $116,710 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,764 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,819 |
| Fees for services: Management | $238 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,221 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $140 |
| Advertising and promotion | $0 |
| Office expenses | $28,199 |
| Information technology | $506 |
| Royalties | $0 |
| Occupancy | $106,445 |
| Travel | $6,123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $936 |
| Interest | $4,942 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,606 |
| Insurance | $864 |
| All other expenses | -$3,533 |
| Total functional expenses | $435,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,260 |
| 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 | $4,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $92,866 |
| 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 | $136,342 |
| Other liabilities | $7,152 |
| Total liabilities | $143,494 |
| Net assets without donor restrictions | $0 |
| 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 | $11,241 |
| Retained earnings, endowment, accumulated income, or other funds | -$61,869 |
| Total liabilities and net assets/fund balances | $92,866 |