Mary Rigg Neighborhood Center Incorporated
- Assets
- $13.6m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 54
- Location
- Indianapolis, IN
- Founding
- 08/2004
- Data as of
- 03/2024
- EIN
- 35-0868954
Organization Overview
Mary Rigg Neighborhood Center Incorporated is located in Indianapolis, IN. The organization was established in 2004. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 03/2024, Mary Rigg Neighborhood Center Incorporated employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Rigg Neighborhood Center 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 03/2024, Mary Rigg Neighborhood Center Incorporated generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $2.9m during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 4 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER PEOPLE BY SERVING AS RESOURCE FOR HELP AND OPPORTUNITY IN INNER-CITY INDIANAPOLIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SERVICES PROVIDES A RANGE OF HELP INCLUDING CONNECTION TO COMMUNITY INFORMATION AND RESOURCES, EMERGENCY ASSISTANCE, FAMILY FOOD, POSITIVE COACHING, AND OTHER FAMILY SUPPORT SERVICES THROUGHOUT THE YEAR.
WORKFORCE ENGAGEMENT INCLUDES A RANGE OF ENGAGEMENT, LEARNING/WORK EXPERIENCE, AND OTHER SUPPORTIVE SERVICES.
WORKFORCE SERVICES PROVIDES INDIVIDUALIZED JOB COACHING/MENTORING, VOCATIONAL TRAINING, AND OTHER EMPLOYMENT SERVICES TO HELP STRENGTHEN TODAY'S EMPLOYEES AND WORKFORCE.
YOUTH SERVICES PROVIDES YOUTH DEVELOPMENT, ACADEMIC ENRICHMENT, AND SOCIAL EMOTIONAL COACHING AND LEARNING SUPPORTS FOR SCHOOL-AGE STUDENTS IN AFTERSCHOOL AND SUMMER DAY CAMP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felicia Williams Director | Trustee | 1 | $0 |
Michelle Bailey Director | Trustee | 1 | $0 |
James Tuerk Director | Trustee | 1 | $0 |
Teresa Donohue Director | Trustee | 1 | $0 |
Rick Radcliff Director | Trustee | 1 | $0 |
Louis Scavuzzo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $647,184 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,776,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,423,440 |
| Total Program Service Revenue | $20,248 |
| Investment income | $308,912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,819 |
| Net Gain/Loss on Asset Sales | -$336,574 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,414,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $215,615 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,702 |
| Compensation of current officers, directors, key employees. | $159,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,204,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $186,576 |
| Payroll taxes | $123,932 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $79,186 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,284 |
| Fees for services: Other | $115,309 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $52,395 |
| Travel | $23,257 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,530 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,260 |
| Insurance | $51,327 |
| All other expenses | $33,034 |
| Total functional expenses | $2,898,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $855 |
| Savings and temporary cash investments | $844,236 |
| Pledges and grants receivable | $736,561 |
| Accounts receivable, net | $0 |
| 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 | $14,049 |
| Net Land, buildings, and equipment | $1,039,642 |
| Investments—publicly traded securities | $10,971,384 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,050 |
| Total assets | $13,628,777 |
| Accounts payable and accrued expenses | $183,920 |
| Grants payable | $0 |
| Deferred revenue | $12,820 |
| 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 | $11,217 |
| Total liabilities | $207,957 |
| Net assets without donor restrictions | $3,707,634 |
| Net assets with donor restrictions | $9,713,186 |
| 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 | $13,628,777 |