Providence Center
- Assets
- $2.3m
- Revenue
- $602.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Philadelphia, PA
- Founding
- 09/2014
- Data as of
- 06/2023
- EIN
- 23-2901291
Organization Overview
Providence Center is located in Philadelphia, PA. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2023, Providence Center employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Center 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 06/2023, Providence Center generated $602.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $536.9k during the year ending 06/2023. While expenses have increased by 10.6% per year over the past 7 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
COMMITTED TO NORTH PHILADELPHIA'S FAIRHILL COMMUNITY SINCE 1993, PROVIDENCE CENTER OFFERS EDUCATION PROGRAMMING FOR CHILDREN, YOUTH, AND ADULTS. OUR MISSION IS TO EDUCATE PEOPLE TO HAVE THE POWER AND SPIRIT TO TRANSFORM THEIR LIVES AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE SPIRIT OF THE SOCIETY OF THE HOLY CHILD JESUS, PROVIDENCE CENTER ENDEAVORS TO BE "A LOVE FULL OF ACTION" IN THE FAIRHILL SECTION OF NORTH PHILADELPHIA. WE WELCOME EVERYONE WHO HAS A NEED FOR OUR PROGRAMS, INCLUDING THE ECONOMICALLY POOR AND MANY WHO ARE NEW TO THE COUNTRY. RESPECTING THE UNIQUE DIGNITY OF OUR STUDENTS, PROVIDENCE CENTER IS A SAFE AND HOSPITABLE PLACE WHERE THEY CAN BUILD THEIR SKILLS AND FIND COMMUNITY. WHILE FAIRHILL FACES MANY CHALLENGES, INCLUDING POVERTY AND VIOLENCE, WE BELIEVE OUR STUDENTS HAVE THE POWER TO TRANSFORM THEIR LIVES AND COMMUNITY. PROVIDENCE CENTER ACCOMPANIES THEM ON THEIR JOURNEY TOWARDS JUSTICE AND HOPE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Lopez Chair/treasu | OfficerTrustee | 1.5 | $0 |
Chuck Stefanosky Secretary | OfficerTrustee | 1.5 | $0 |
Erin Boyle Board Member | Trustee | 1.5 | $0 |
Ruth Capuzzi Board Member | Trustee | 1.5 | $0 |
Palmer Dalesandro Board Member | Trustee | 1.5 | $0 |
Telecia Dambreville Board Member | Trustee | 1.5 | $0 |
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 | $425,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $425,341 |
| Total Program Service Revenue | $1,170 |
| Investment income | $35,959 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $70,936 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $602,422 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $314,226 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,511 |
| Payroll taxes | $23,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $142 |
| Fees for services: Other | $71,766 |
| Advertising and promotion | $408 |
| Office expenses | $1,484 |
| Information technology | $2,041 |
| Royalties | $0 |
| Occupancy | $13,004 |
| Travel | $3,031 |
| 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 | $32,141 |
| Insurance | $2,481 |
| All other expenses | $8,395 |
| Total functional expenses | $536,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,329 |
| Savings and temporary cash investments | $105 |
| Pledges and grants receivable | $112,500 |
| Accounts receivable, net | $83,728 |
| 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 | $476,828 |
| Investments—publicly traded securities | $1,365,679 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,328,169 |
| Accounts payable and accrued expenses | $59,074 |
| 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 | $59,074 |
| Net assets without donor restrictions | $2,200,262 |
| Net assets with donor restrictions | $68,833 |
| 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 | $2,328,169 |