Belafonte Tacolcy Center
- Assets
- $420.0k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 33
- Location
- Miami, FL
- Founding
- 01/1975
- Data as of
- 06/2023
- EIN
- 59-1376077
Organization Overview
Belafonte Tacolcy Center is located in Miami, FL. The organization was established in 1975. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2023, Belafonte Tacolcy Center employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belafonte Tacolcy Center 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 06/2023, Belafonte Tacolcy Center generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. While expenses have increased by 10.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP YOUTH AND FAMILIES IN MIAMI'S IMPOVERISHED LIBERTY CITY COMMUNITY WITH THE FUNDAMENTALS NECESSARY TO MOVE THEIR LIVES AND SOCIAL STANDARDS BEYOND THE DISTRESSED NATURE MANY ENCOUNTER DAILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS DEVELOPMENT PROGRAM TACOLCY'S SPORTS STANDS AS ONE OF OUR MOST ESTEEMED AND WIDELY RECOGNIZED PROGRAMS ENGAGING OVER 400 YOUTH AND VOLUNTEERS ANNUALLY THE PROGRAM OFFERS A DIVERSE RANGE OF SPORTS INCLUDING FOOTBALL CHEERLEADING LACROSSE FENCING BASKETBALL TRACK FIELD SWIMMING AND SOCCER
YOUTH DEVELOPMENT PROGRAM CLUB TACOLCY PROGRAM CATERS TO STUDENTS IN 6TH TO 8TH GRADE AND 9TH TO 12TH GRADE PROVIDING THEM WITH THE NECESSARY TOOLS FOR SUCCESSFUL COLLEGE ADMISSION OUR COMPREHENSIVE PROGRAM COVERS VARIOUS SERVICES INCLUDING HOMEWORK ASSISTANCE SATACT PREPARATION TUTORING ACADEMIC ADVISORY FINANCIAL LITERACY AND LEADERSHIP TRAINING
CHILD DEVELOPMENT PROGRAM TACOLCY'S COMPREHENSIVE FUTURE LEGENDS OUT-OF-SCHOOL AND SUMMER ENRICHMENT PROGRAMS CATER TO CHILDREN AGED 5 TO 14 OFFERING A DYNAMIC RANGE OF ACTIVITIES AT THE BETTY WASHINGTON ENRICHMENT CENTER ON OUR PARK AND HOLMES ELEMENTARY THESE PROGRAMS FOCUS ON LITERACY HEALTH NUTRITION PHYSICAL FITNESS AND YOUTH EMPOWERMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Mckinney Sr Chair | Trustee | 2 | $0 |
Elaine Black Co-Chair | Trustee | 2 | $0 |
Kiesha Moodie Director | Trustee | 2 | $0 |
Joshua Jones Director | Trustee | 2 | $0 |
Rudy Larrimore Treasurer | Trustee | 2 | $0 |
Shownda Pagan Executive Director | Officer | 40 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,005,334 |
| All other contributions, gifts, grants, and similar amounts not included above | $345,869 |
| Noncash contributions included in lines 1a–1f | $23,942 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,351,203 |
| Total Program Service Revenue | $17,271 |
| 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 | $1,368,474 |
| 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 | $702,644 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $61,099 |
| 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 | $38,120 |
| Advertising and promotion | $3,099 |
| Office expenses | $36,205 |
| Information technology | $11,115 |
| Royalties | $0 |
| Occupancy | $27 |
| Travel | $6,558 |
| 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 | $895 |
| Insurance | $50,319 |
| All other expenses | $0 |
| Total functional expenses | $1,442,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $128,351 |
| 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 | $6,302 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $125,558 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $419,963 |
| Accounts payable and accrued expenses | $114,160 |
| Grants payable | $0 |
| Deferred revenue | $100,000 |
| 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 | $214,160 |
| Net assets without donor restrictions | $205,803 |
| 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 | $419,963 |