Martin Luther King Youth Center Inc
- Assets
- $964.5k
- Revenue
- $728.6k
- Investments
- $0.0
- Employees
- 21
- Location
- Bridgewater, NJ
- Founding
- 01/1980
- Data as of
- 08/2023
- EIN
- 22-2043677
Organization Overview
Martin Luther King Youth Center Inc is located in Bridgewater, NJ. The organization was established in 1980. 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 08/2023, Martin Luther King Youth Center Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin Luther King Youth 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 08/2023, Martin Luther King Youth Center Inc generated $728.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $715.8k during the year ending 08/2023. While expenses have increased by 4.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES SAFE, AFFORDABLE, AND EDUCATIONALLY-ORIENTED AFTER-SCHOOL AND SUMMER SCHOOL CHILD CARE SERVICES TO CHILDREN WHO LIVE IN THE BRIDGEWATER, NJ AREA. THE CENTER SERVES STUDENTS FROM ALL ETHNIC BACKGROUNDS FROM AGES FIVE THROUGH THIRTEEN, AND FURNISHES TRANSPORTATION, CERTIFIED INSTRUCTION AND NUTRITIOUS MEALS TO ITS PROGRAM PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AFTER SCHOOL PROGRAM & SUMMER CAMP OF OUR ORGANIZATION HAS SIGNIFICANTLY IMPROVED STUDENT OUTCOMES, WITH OVER 90% OF PARTICIPANTS ACHIEVING HIGHER GRADES AND COMPLETING CREATIVE PROJECTS. THE ENRICHMENT ACTIVITIES, INCLUDING WEEKLY STEM WORKSHOPS AND EDUCATIONAL FIELD TRIPS, HAVE BROADENED STUDENTS' HORIZONS. PHYSICAL FITNESS AND HEALTHY LIVING WERE PRIORITIZED. SOCIAL SKILLS HAVE IMPROVED THROUGH TEAM-BUILDING EXERCISES AND CONFLICT RESOLUTION TRAINING. OUR SUMMER CAMP'S SPECIALIZED WORKSHOPS AND MULTICULTURAL EVENTS HAVE ATTRACTED DIVERSE INTERESTS, WHILE COMMUNITY ENGAGEMENT HAS BEEN STRENGTHENED. ADDITIONALLY SUBSIDIZED FEES WERE OFFERED TO ALL LOW-INCOME FAMILIES, ENSURING THAT ALL CHILDREN HAVE ACCESS TO OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajni Chopra Executive Director | OfficerTrustee | 40 | $112,842 |
Clarice Cofie President | OfficerTrustee | 1 | $0 |
Ebony Blissett Vice President | OfficerTrustee | 1 | $0 |
Leonard Sloane Treasurer | OfficerTrustee | 1 | $0 |
Jennifer V Jones Secretary | OfficerTrustee | 1 | $0 |
Gloria Zuckerman Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $302,313 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,242 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,555 |
| Total Program Service Revenue | $368,180 |
| Investment income | $15,848 |
| 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 | $728,583 |
| 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. | $112,045 |
| Compensation of current officers, directors, key employees. | $8,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $261,177 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,653 |
| Payroll taxes | $35,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,108 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,315 |
| Advertising and promotion | $799 |
| Office expenses | $8,758 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,921 |
| Travel | $34,199 |
| 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 | $26,337 |
| Insurance | $51,539 |
| All other expenses | $36,504 |
| Total functional expenses | $715,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,690 |
| Savings and temporary cash investments | $468,701 |
| Pledges and grants receivable | $95,707 |
| Accounts receivable, net | $10,644 |
| 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 | $11,594 |
| Net Land, buildings, and equipment | $187,150 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $964,486 |
| Accounts payable and accrued expenses | $30,466 |
| 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 | $30,466 |
| Net assets without donor restrictions | $934,020 |
| 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 | $964,486 |