Marrakech Incorporated
- Assets
- $17.2m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 945
- Location
- Woodbridge, CT
- Founding
- 01/1972
- Data as of
- 06/2021
- EIN
- 23-7148533
Organization Overview
Marrakech Incorporated is located in Woodbridge, CT. The organization was established in 1972. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2021, Marrakech Incorporated employed 945 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marrakech Incorporated 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 06/2021, Marrakech Incorporated generated $8.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $8.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VOCATIONAL TRAINING FOR THE DEVELOPMENTALLY DISABLED PERSONS.
Describe the Organization's Program Activity:
MARRAKECH, INC. OPERATES VOCATIONAL TRAINING PROGRAMS FOR DEVELOPMENTALLY DISABLED PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Cretella Chief Admin | 40 | $146,216 | |
Jason Mirsky Chief Prog O | 40 | $143,116 | |
Denise Canady Chief Comp O | 40 | $133,554 | |
Michael Flora CFO | Officer | 15 | $65,179 |
Steven P Shwartz Chairman | OfficerTrustee | 1 | $0 |
Deborah Stanley-Mcaulay Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A-preferred Roofing & Contracting Construction | 6/29/21 | $277,108 |
Ceridian Payroll Serv | 6/29/21 | $123,171 |
Ddn Consulting Services Llc Staffing-nurses | 6/29/21 | $707,837 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $169,796 |
| Related organizations | $0 |
| Government grants | $122,635 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,018 |
| Noncash contributions included in lines 1a–1f | $23,180 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,449 |
| Total Program Service Revenue | $8,058,952 |
| Investment income | $13,991 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,174 |
| 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 | $8,533,229 |
| 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. | $141,824 |
| Compensation of current officers, directors, key employees. | $75,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,920,536 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $355,136 |
| Payroll taxes | $430,206 |
| Fees for services: Management | $197,098 |
| 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 | $0 |
| Fees for services: Other | $489,409 |
| Advertising and promotion | $0 |
| Office expenses | $126,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $727,769 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $227,793 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $552,783 |
| Insurance | $187,898 |
| All other expenses | $131,191 |
| Total functional expenses | $8,383,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,516,943 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $213,934 |
| 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 | $606,791 |
| Net Land, buildings, and equipment | $8,419,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,431,322 |
| Total assets | $17,188,402 |
| Accounts payable and accrued expenses | $2,958,800 |
| Grants payable | $0 |
| Deferred revenue | $169,637 |
| 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 | $4,636,806 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,980,398 |
| Total liabilities | $9,745,641 |
| Net assets without donor restrictions | $7,419,270 |
| Net assets with donor restrictions | $23,491 |
| 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 | $17,188,402 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Marrakech Incorporated has recieved totaling $34,914.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater New Haven Inc New Haven, CT PURPOSE: WORKFORCE DEVELOPMENT | $18,900 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,014 |
The Morris Family Foundation Nashville, TN PURPOSE: DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Work & Independence Inc Glens Falls, NY | $10,451,280 | $22,331,025 |
Marc Inc Of Manchester Manchester, CT | $8,800,021 | $14,465,697 |
Triangle Inc Malden, MA | $7,569,693 | $11,643,804 |
Sarah Inc Westbrook, CT | $8,388,396 | $12,212,686 |
Marrakech Incorporated Woodbridge, CT | $17,188,402 | $8,533,229 |
Project Genesis Incorporated Willimantic, CT | $9,969,984 | $6,952,463 |
Opportunity Works Inc Newburyport, MA | $12,187,041 | $8,191,091 |
Association For Community Organization And Resource Developm Wallingford, CT | $3,231,105 | $6,526,122 |
The Nemasket Group Inc Mattapoisett, MA | $3,135,669 | $3,771,945 |
New England Business Associates Inc Springfield, MA | $2,493,745 | $3,356,864 |
Capabilities Inc Elmira, NY | $4,483,915 | $2,928,057 |
Grace Institute Of New York Inc New York, NY | $2,408,718 | $3,229,572 |