Good City Mentors
- Assets
- $293.0k
- Revenue
- $361.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, NC
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 38-3924980
Organization Overview
Good City Mentors is located in Southport, NC. The organization was established in 2016. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good City Mentors 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, Good City Mentors generated $361.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $242.9k 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
GOOD CITY MENTORS PARTNERS INSPIRING PROFESSIONALS AND CREATIVE BRANDS WITH LOCAL HIGH SCHOOLS. EMPOWERING YOUTH THROUGH SCHOOL-DAY MENTORSHIP. OUR INNOVATIVE TEAM-MENTORING MODEL CREATES A MENTORING COMMUNITY WHERE EVERYONE IS INVESTED IN THE SUCCESS OF THE OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP DEVELOPMENT PROGRAMMING PROVIDES STRUCTURE TO THE MENTORING PROCESS. MENTORSHIP IMPROVES MENTAL HEALTH WELLBEING AND STUDENT ENGAGEMENT.
INCLUDES RECRUITMENT SCREENING TRAINING AND DEVELOPMENT OF MENTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Larrabee CEO Treasurer | OfficerTrustee | 40 | $0 |
Allyssa Larrabee Director Of Programs Operations | Officer | 40 | $0 |
Koko Archibong Chairman Of The Board | Trustee | 1 | $0 |
Gregory Ullery Director | Trustee | 1 | $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 | $361,692 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,692 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $361,692 |
| 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. | $135,000 |
| Compensation of current officers, directors, key employees. | $6,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,994 |
| Payroll taxes | $10,824 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $242,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $293,016 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $293,016 |
| Accounts payable and accrued expenses | $5,776 |
| 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 | $5,776 |
| Net assets without donor restrictions | $287,240 |
| 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 | $293,016 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Good City Mentors has recieved totaling $29,361.
| Awarding Organization | Amount |
|---|---|
Entertainment Industry Foundation Los Angeles, CA PURPOSE: GENERAL PROGRAM | $10,000 |
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,361 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Brothers & Big Sisters Of Middle Tennessee Nashville, TN | $6,116,163 | $7,647,384 |
100 Black Men Of America Inc Atlanta, GA | $7,881,351 | $7,585,339 |
Barefoot Republic Inc Franklin, TN | $3,769,546 | $1,774,657 |
Transforming Youth Movement Concord, NC | $160,367 | $881,473 |
Communities In Shcools Of Northwest North Carolina Moravian Falls, NC | -$29,742 | $814,550 |
Communities In Schools Of Chatham County Siler City, NC | $819,325 | $761,451 |
Partners For Youth Durham, NC | $472,458 | $559,116 |
Big Brothers Big Sisters Of The Upstate Inc Greenville, SC | $729,324 | $901,141 |
Surry County Friends Of Youth Incorporated Mount Airy, NC | $115,547 | $365,269 |
Volunteers For Youth Inc Carrboro, NC | $87,162 | $315,113 |
Mentor Me - North Georgia Inc Cumming, GA | $214,878 | $300,827 |
Good City Mentors Southport, NC | $293,016 | $361,692 |