Memorable Moments Youth Development Program Inc
- Assets
- $726.5k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 63
- Location
- Philadelphia, PA
- Founding
- 12/2013
- Data as of
- 12/2022
- EIN
- 45-5085836
Organization Overview
Memorable Moments Youth Development Program Inc is located in Philadelphia, PA. The organization was established in 2013. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Memorable Moments Youth Development Program Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorable Moments Youth Development Program 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 12/2022, Memorable Moments Youth Development Program Inc generated $2.3m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE HIGH QUALITY EARLY LEARNING TO CHILDREN FROM LOW AND MODERATE INCOME FAMILIES. WE SERVE CHILDREN FROM AGES 2 MONTHS TO 12 YRS OLD. OUR MAIN GOAL IS TO PREPARE CHILDREN TO BECOME SUCCESSFUL IN SCHOOL AND BECOME LIFELONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PARTNERED WITH THE CITY OF PHILADLEPHIA TO OFFER QUALITY PRE-K SERVICES UNDER THE PHILA PREK PROGRAM. THIS PROGRAM SERVES AGES 3 AND 4.
WE PROVIDE HIGH QUALITY EARLY LEARNING EDUCATION AND CARE IN A SAFE AND NURTURING ENVIRONMENT. OUR GOAL FOR 2022 WAS TO CONTINUE TO PROVIDE HIGH QUALITY SERVICES AS WE WORKED IN PARTNERSHIP WITH PARENTS AND THE COMMUNITY TO PROVIDE A SAFE ENVIRONMNET TO ENSURE OUR STUDENTS RECEIVE HIGH QUALITY EDUCATION.
EMPLOYEE RETENTION CREDIT - GOVERNMENT GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aida Rodriguez Executive Director | Officer | 40 | $75,196 |
Tamarra Veney Treasurer | OfficerTrustee | 2 | $0 |
Ruble Harris President | OfficerTrustee | 2 | $0 |
Sharquita Edney Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,148,022 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,148,022 |
| Total Program Service Revenue | $156,575 |
| 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 | $2,304,597 |
| 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 | $848,719 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,895 |
| Payroll taxes | $96,100 |
| Fees for services: Management | $407,458 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $185,927 |
| Advertising and promotion | $9,716 |
| Office expenses | $36,892 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $425,477 |
| Travel | $18,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,349 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,302 |
| Insurance | $59,081 |
| All other expenses | $13,818 |
| Total functional expenses | $2,233,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,158 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $224,163 |
| 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 | $21,735 |
| Net Land, buildings, and equipment | $157,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $726,529 |
| Accounts payable and accrued expenses | $62,769 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $212,769 |
| Net assets without donor restrictions | $513,760 |
| 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 | $726,529 |