Mile High Kids And Community Development Inc is located in Virginia Beach, VA. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 11/2021, Mile High Kids And Community Development Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mile High Kids And Community Development Inc 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 11/2021, Mile High Kids And Community Development Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.9m during the year ending 11/2021. While expenses have increased by 2.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL PROGRAMS AND EARLY CHILDHOOD DEVELOPMENT TO UNDER PRIVILEGED CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATING 4 "HEAD START" LOCATIONS IN VIRGINIA BEACH, VA FOR 225 CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Knight Vice President | OfficerTrustee | 2 | $0 |
Christine Brown Secretary | OfficerTrustee | 2 | $0 |
Billy Mccaa Treasurer | OfficerTrustee | 2 | $0 |
Joe Dillard President | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,839,621 |
All other contributions, gifts, grants, and similar amounts not included above | $177,063 |
Noncash contributions included in lines 1a–1f | $169,330 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,016,684 |
Total Program Service Revenue | $0 |
Investment income | $12 |
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 | $3,016,696 |
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 | $1,354,812 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $228,902 |
Payroll taxes | $0 |
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 | $228,237 |
Advertising and promotion | $6,135 |
Office expenses | $99,247 |
Information technology | $37,572 |
Royalties | $0 |
Occupancy | $368,399 |
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 | $2,604 |
Insurance | $24,397 |
All other expenses | $90,241 |
Total functional expenses | $2,920,003 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,536 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $244,938 |
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 | $30,094 |
Net Land, buildings, and equipment | $54,975 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $22,568 |
Total assets | $377,111 |
Accounts payable and accrued expenses | $108,299 |
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 | $68,914 |
Total liabilities | $177,213 |
Net assets without donor restrictions | $0 |
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 | $199,898 |
Total liabilities and net assets/fund balances | $377,111 |
Over the last fiscal year, we have identified 3 grants that Mile High Kids And Community Development Inc has recieved totaling $36,000.
Awarding Organization | Amount |
---|---|
Share Our Strength Washington, DC PURPOSE: COOKING MATTERS PROGRAM SUPPORT | $21,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: EMERGENCY FUNDS | $10,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: GEN/OPER SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Aston Park Health Care Center Inc Asheville, NC | $17,105,214 | $12,530,764 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |