Prince Street Neighborhood Project Inc
- Assets
- $575.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 22
- Location
- Natchez, MS
- Founding
- 06/1991
- Data as of
- 07/2022
- EIN
- 64-0790065
Organization Overview
Prince Street Neighborhood Project Inc is located in Natchez, MS. The organization was established in 1991. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 07/2022, Prince Street Neighborhood Project Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prince Street Neighborhood Project 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 07/2022, Prince Street Neighborhood Project Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.1m during the year ending 07/2022. While expenses have increased by 10.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE AND EXPAND THE AVAILABILITY OF HIGH QUALITY CHILD CARE AND EARLY EDUCATION IN OUR COMMUNITY FOR AT RISK YOUNG CHILDREN. WE SERVED AN AVERAGE OF 181 ONE-HUNDRED-EIGHTY-ONE CHILDREN THIS YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILD CARE CENTER PROVIDES CHILD CARE FOR THE FOLLOWING 1 INFANTS 2 TODDLERS 3 PRE-SCHOOL AND SCHOOL AGE CHILDREN UNDER THE AGE OF 13 YEARS. THE CENTER IS OPEN FROM 630 AM TO 830 PM MONDAY THROUGH FRIDAY, TWELVE 12 MONTHS A YEAR. WE SERVED APPROXIMATELY ONE-HUNDRED SEVENTY 170 CHILDREN DURING THE FISCAL YEAR.
THE TUTORIAL PROGRAM IS AN AFTER-SCHOOL PROGRAM OFFERING FREE ASSISTANCE WITH HOME WORK ASSIGNMENTS TO CHILDREN AGES 5 THROUGH 13 YEARS, WEEKLY, MONDAT THROUGH THURSDAY.
SUMMER DAY CAMP THE FREE SUMMER CAMP RUNS FROM JUNE THROUGH AUGUST WHILE CHILDREN ARE ON SUMMER VACATION FROM SCHOOL. FIELD TRIPS, GUEST SPEAKERS, AND OTHER ENRICHMENT ACTIVITIES ARE CONDUCTED THROUGHOUT THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Herbert Vice President | OfficerTrustee | $0 | |
Barbara Crenshaw Executive Director/president | OfficerTrustee | 15 | $0 |
Connie Banks Secretary | OfficerTrustee | $0 | |
Fred Watkins Board Member | Trustee | $0 | |
Irving Dean Board Member | Trustee | $0 | |
Gregory Clark Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,216,157 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,226,957 |
| Total Program Service Revenue | $0 |
| Investment income | $1,495 |
| 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 | $1,228,452 |
| 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 | $252,186 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,350 |
| 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 | $11,062 |
| Information technology | $9,498 |
| Royalties | $0 |
| Occupancy | $389,975 |
| 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 | $1,875 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,149,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,387 |
| Savings and temporary cash investments | $100,000 |
| 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 | $7,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $575,384 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $575,384 |
| Total liabilities and net assets/fund balances | $575,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
Golden Triangle Planning & Development District Inc Starkville, MS | $16,192,589 | $11,220,298 |
Neighborhood Preservation Inc Memphis, TN | $5,226,571 | $6,441,182 |
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |