Ocean Community Economic Action Now Inc
- Assets
- $23.3m
- Revenue
- $17.3m
- Investments
- $0.0
- Employees
- 129
- Location
- Toms River, NJ
- Founding
- 02/1967
- Data as of
- 12/2021
- EIN
- 22-1804345
Organization Overview
Ocean Community Economic Action Now Inc is located in Toms River, NJ. The organization was established in 1967. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 12/2021, Ocean Community Economic Action Now Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Community Economic Action Now 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, Ocean Community Economic Action Now Inc generated $17.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $15.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ocean Community Economic Action Now Inc has awarded 91 individual grants totaling $18,952,092. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF FEDERAL HEAD START PROGRAM, WEATHERIZATION PROGRAMS, RENTAL ASSISTANCE PROGRAMS AND OTHER ASSISTANCE TO LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START INCLUDES THE HEAD START CHILD DEVELOPMENT PROGRAM, WHICH IS A COMPREHENSIVE PRESCHOOL PROGRAM FOR CHILDREN AGES 3-5 YEARS OLD FROM DISADVANTAGED FAMILIES. ELIGIBILITY IS BASED ON INCOME GUIDELINES FROM THE FEDERAL GOVERNMENT, AS WELL AS THE HEAD START CENTERS PROGRAM, WHICH IS A IS A COMPREHENSIVE PRESCHOOL PROGRAM FOR LOW-INCOME 3-5 YEAR OLDS THAT PROVIDES SERVICES IN FIVE MAJOR AREAS: EDUCATION, HEALTH, SOCIAL SERVICES, PARENT INVOLVEMENT, AND SPECIAL NEEDS. HEAD START PROGRAMS NOT ONLY ENHANCE THE GROWTH AND DEVELOPMENT OF CHILDREN, THEY PROMOTE FAMILY SELF-SUFFICIENCY AND DEVELOP COMMUNITY PARTNERSHIPS. O.C.E.A.N., INC. CURRENTLY OPERATES HEAD START PROGRAMS AT SIX LOCATIONS THROUGHOUT OCEAN COUNTY IN BRICK, BERKELEY, BARNEGAT, TOMS RIVER, MANCHESTER AND THE LEAP DELEGATE CENTER IN LAKEWOOD.
INTENSIVE CASE MANAGEMENT INCLUDING HOMELESSNESS PREVENTION AND HOUSING COUNSELING IS A PROGRAM THAT STRIVES TO LOCATE AFFORDABLE AND ADEQUATE HOUSING FOR LOW INCOME MENTALLY, EMOTIONALLY, AND PHSYCIALLY CHALLENGED CLIENTS. THE ORGANIZATION IN 2021 RECEIVED A GRANT FROM THE STATE OF NEW JERSEY TO ASSIST WITH THE COVID-19 MOTEL ASSISTANCE PAYMENT PROGRAM (COMAP) WHICH PROVIDED SUPPLEMENTAL INCOME TO MOTELS THAT PROVIDED TEMPORARY HOUSING SERVICES DURING THE COVID-19 PANDEMIC.
WEATHERIZATION PROGRAMS INCLUDE THE LIHEAP AND USF (LOW INCOME HOME ENERGY ASSISTANCE AND UNIVERSAL SERVICE FUND) - DESIGNED TO ADDRESS THE NEEDS OF COST-BURDENED, LOW-INCOME OCEAN COUNTY RESIDENTS, UNABLE TO AFFORD THE ADDED EXPENSE OF REPAIRING OR REPLACING ITEMS IN THEIR HOME THAT IF REPAIRED OR REPLACED, COULD HELP THEM REDUCE OR ELIMINATE HIGH ENERGY BILLS. ELIGIBILITY IS BASED ON INCOME GUIDELINES FROM THE FEDERAL GOVERNMENT. PROGRAM SERVICES INCLUDE, ENERGY AUDITS, BROKEN GLASS REPAIR, WEATHER-STRIPPING AND/OR CAULKING OF DOORS/WINDOWS, INSULATING ATTICS AND CRAWLSPACES, REPLACEMENT OF DOORS AND WINDOWS, SKIRTING MOBILE HOMES, HOT WATER HEATER JACKETS, FURNACE REPAIR OR REPLACEMENT, HOT WATER HEATER REPAIR OR REPLACEMENT.
OTHER PROGRAMS INCLUDE HOME ENERGY ASSISTANCE PROGRAMS, AFFORDABLE HOUSING, CSBG, FIRST-TIME HOMEBUYERS, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Channell Wilkins President/ceo | Officer | 40 | $190,554 |
Margaret Saunders VP Of Children's Services | 40 | $105,255 | |
Beth Hudson Chief Financial Officer | Officer | 40 | $97,605 |
Glynis Jean Wray Secretary | OfficerTrustee | 1 | $0 |
Fred Rush Vice Chairperson | OfficerTrustee | 2 | $0 |
Anita Woolery Chairperson | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Berge Hvac Weatherization Contractor | 12/30/20 | $102,431 |
Blake Scholey Weatherization Contractor | 12/30/20 | $105,400 |
Dwyer Refrigeration Weatherization Contractor | 12/30/20 | $123,712 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,022 |
| Related organizations | $0 |
| Government grants | $15,435,706 |
| All other contributions, gifts, grants, and similar amounts not included above | $462,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,945,319 |
| Total Program Service Revenue | $1,347,232 |
| Investment income | $8 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,124 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,288,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,002,545 |
| 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. | $313,590 |
| Compensation of current officers, directors, key employees. | $313,590 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,639,049 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $913,461 |
| Payroll taxes | $470,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $56,038 |
| Fees for services: Accounting | $82,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,272 |
| Advertising and promotion | $0 |
| Office expenses | $901,361 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,190,976 |
| Travel | $281,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $226,541 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $485,004 |
| Insurance | $73,370 |
| All other expenses | $0 |
| Total functional expenses | $15,353,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,402,378 |
| Accounts receivable, net | $147,285 |
| 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 | $12,663 |
| Net Land, buildings, and equipment | $19,955,900 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $458,010 |
| Total assets | $23,267,325 |
| Accounts payable and accrued expenses | $1,499,085 |
| 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 | $11,269,239 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $427,602 |
| Total liabilities | $13,195,926 |
| Net assets without donor restrictions | $10,071,399 |
| 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 | $23,267,325 |
Grants Awarded
Over the last fiscal year, Ocean Community Economic Action Now Inc has awarded $5,333,292 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
Lakewood, NJ PURPOSE: HEAD START PROGRAM | $1,844,847 |
LITTLE EGG HARBOR BOARD OF EDUCATION PURPOSE: HEAD START PROGRAM | $645,247 |
Wildwood, NJ PURPOSE: SUBSTANCE ABUSE PROGRAM | $99,700 |
ATLANTIC CITY POLICE ATHLETIC LEAGUE PURPOSE: SUMMER CHILD/YOUTH PROGRAM | $89,936 |
WoodRidge, NJ PURPOSE: SENIOR TRANSPORTATION | $70,000 |
SEVEN HOTELTOWN HOUSE PURPOSE: COVID-19 MOTEL ASSISTANCE PROGRAM | $62,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ocean Community Economic Action Now Inc has recieved totaling $5,091.
| Awarding Organization | Amount |
|---|---|
Jay And Linda Grunin Foundation Inc Toms River, NJ PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $91 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Development Center Of The Mosholu-Montefiore Community Ctr Bronx, NY | $19,183,029 | $23,759,711 |
L I Child And Family Development Services Inc Patchogue, NY | $8,673,836 | $20,972,293 |
Ocean Community Economic Action Now Inc Toms River, NJ | $23,267,325 | $17,288,435 |
Waldorf School Of Garden City Garden City, NY | $13,682,215 | $13,601,476 |
Montessori Association Of New York New York, NY | $10,174,836 | $11,317,799 |
West Side Montessori School New York, NY | $34,513,067 | $10,367,667 |
Kipp Philadelphia Charter School Philadelphia, PA | $30,756,682 | $16,805,323 |
Chester Charter Scholars Academy Chester, PA | $12,106,141 | $12,761,901 |
Brooklyn Heights Montessori School Brooklyn, NY | $20,633,669 | $10,305,146 |
First Start Partnerships For Children And Families Inc Chambersburg, PA | $1,240,944 | $9,208,850 |
Washington Market School New York, NY | $36,001,590 | $10,094,278 |
Morris And Rose Caskey Torah Academy Of Greater Philadelphia Wynnewood, PA | $19,605,172 | $11,408,583 |