Harambee Community Development Initiative Inc
- Assets
- $570.7k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 18
- Location
- East Orange, NJ
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 22-3311125
Organization Overview
Harambee Community Development Initiative Inc, operating under the name Harambee Family Academy, is located in East Orange, NJ. The organization was established in 1994. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Harambee Family Academy employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harambee Family 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 12/2021, Harambee Family Academy generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
HARAMBEE UNLOCKS THE TREMENDOUS POTENTIAL THAT EXISTS WITHIN EVERY CHILD THROUGH EDUCATIONAL PROGRAMS AND STRATEGIC PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOLLOWING AN EXTENDED PERIOD OF REMOTE-ONLY INSTRUCTION DUE TO THE COVID-19 PANDEMIC, HARAMBEE SUCCESSFULLY TRANSITIONED BACK TO IN-PERSON LEARNING IN 2021, WITH AN EMPHASIS ON ADDRESSING THE LEARNING, SOCIAL-EMOTIONAL, AND DEVELOPMENTAL SETBACKS SO MANY OF OUR CHILDREN EXPERIENCED DURING THE CRISIS. HARAMBEE EFFECTIVELY MAINTAINED HEALTH AND SAFETY PROTOCOLS THAT SAFEGUARDED BOTH STAFF AND STUDENTS; SUPPORTED PARENTS WITH INFORMATION AND RESOURCES TO HELP THEM NAVIGATE THE NEW LEARNING ENVIRONMENT; AND MADE MEANINGFUL STRIDES IN IMPROVING OUR PRESCHOOLERS' LEARNING DEFICIENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Easter Coleman-Parks Executive Director | Officer | 40 | $90,447 |
Walter Mcdowell Acting Board Chairperson | Trustee | 2 | $0 |
Rev Maria Crompton Director | Trustee | 0.5 | $0 |
Amber Randolph Director | Trustee | 0.5 | $0 |
Mary Puryear Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,505,438 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,514,488 |
| Total Program Service Revenue | $25,517 |
| Investment income | $4 |
| 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 | $1,742,509 |
| 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. | $107,439 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $672,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $172,733 |
| Payroll taxes | $65,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,627 |
| Advertising and promotion | $673 |
| Office expenses | $28,327 |
| Information technology | $59,690 |
| Royalties | $0 |
| Occupancy | $111,924 |
| Travel | $313 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $201 |
| Interest | $17,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,153 |
| Insurance | $43,051 |
| All other expenses | $37,329 |
| Total functional expenses | $1,401,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,763 |
| Savings and temporary cash investments | $15,466 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,458 |
| 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 | $293,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $570,662 |
| Accounts payable and accrued expenses | $5,936 |
| 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 | $434,899 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $590,835 |
| Net assets without donor restrictions | -$24,462 |
| Net assets with donor restrictions | $4,289 |
| 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 | $570,662 |
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