4mycity Inc
- Assets
- $269.8k
- Revenue
- $70.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Taneytown, MD
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 84-2908913
Organization Overview
4mycity Inc is located in Taneytown, MD. The organization was established in 2019. 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 12/2021, 4mycity Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4mycity 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 12/2021, 4mycity Inc generated $70.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $70.8m during the year ending 12/2021. While expenses have increased by 37.6% per year over the past 2 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
4MYCITY IS COMMITTED TO HELPING REDUCE FOOD INSECURITY AND REDUCING FOOD WASTE BY DIRECTLY TRANSFERRING FRESH, USABLE FOOD THAT WOULD OTHERWISE BEEN THROWN AWAY FROM GROCERS, RESTAURANTS, AND OTHER FOOD INDUSTRY SOURCES TO FOOD INSECURE FAMILIES THROUGHOUT OUR LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS ESTABLISHMENT IN 2018, THE ORGANIZATION HAS DISTRIBUTED OVER 125 MILLION POUNDS OF FOOD TO FAMILIES FACING HUNGER. 4MYCITY IS ALSO IN THE PROCESS OF INSTALLING AN AEROBIC DIGESTER, WHICH WILL ALLOW THEM TO PROCESS ALL TYPES OF FOOD WASTE AND BIODEGRADABLE PRODUCTS INTO USABLE COMPOST TECHNOLOGY THAT IS NEW TO THE STATE OF MARYLAND,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher A Dipnarine President CEO | Officer | 40 | $66,346 |
Troy Mcpherson Director | OfficerTrustee | 1 | $0 |
Sally Lim Secretary | OfficerTrustee | 1 | $0 |
Soo Bae Director | OfficerTrustee | 1 | $0 |
John Gates Director | OfficerTrustee | 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 | $70,588,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,588,044 |
| 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 | $70,588,044 |
| 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. | $66,347 |
| Compensation of current officers, directors, key employees. | $19,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $181,136 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,635 |
| Payroll taxes | $18,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,737 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,747 |
| Office expenses | $9,531 |
| Information technology | $140 |
| Royalties | $0 |
| Occupancy | $300,847 |
| Travel | $9,863 |
| 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 | $8,054 |
| Insurance | $2,247 |
| All other expenses | $0 |
| Total functional expenses | $70,756,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,868 |
| 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 | $171,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $269,763 |
| Accounts payable and accrued expenses | $7,766 |
| 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 | $63,830 |
| Unsecured mortgages and notes payable | $429 |
| Other liabilities | $0 |
| Total liabilities | $72,025 |
| Net assets without donor restrictions | $197,738 |
| 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 | $269,763 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 4mycity Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Lockhart Vaughan Foundation Inc Baltimore, MD PURPOSE: ENVIRONMENT: SUPPORT GREENING EFFORTS IN BALTIMORE THAT ARE VISIBLE TO THE WIDER COMMUNITY. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
4mycity Inc Taneytown, MD | $269,763 | $70,588,044 |
Columbia Association Inc Columbia, MD | $168,635,825 | $73,239,829 |
Latino Economic Development Corporation Of Washington Dc Washington, DC | $21,296,549 | $55,386,095 |
Kennedy Krieger Education And Community Services Inc Baltimore, MD | $14,340,565 | $48,121,720 |
Mosaic Community Services Inc Timonium, MD | $34,184,592 | $47,201,258 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
Community Of Hope Inc Washington, DC | $67,233,523 | $40,561,982 |
Blueprints Washington, PA | $9,542,152 | $23,150,876 |
Hampton Roads Community Action Program Inc Newport News, VA | $4,977,691 | $24,100,051 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |