Only The Beginning Inc
- Assets
- $1.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunrise, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-4060136
Organization Overview
Only The Beginning Inc is located in Sunrise, FL. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Only The Beginning 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 12/2023, Only The Beginning Inc generated $137.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $165.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
INCENTIVE REWARDS CENTER TO INCREASE POSITIVE BEHAVIOR IN SCHOOLS WITH A GAP IN TEST SCORE. STUDENTS CAN EARN VIRTUAL MONEY TO SHOP FOR ITEMS OF CHOICE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
German Alvarez Director | 20 | $0 | |
Angela Alvarez Director | 20 | $0 | |
Chiquata Hyman Director | 10 | $0 | |
Robert Crum Director | 40 | $70,000 | |
Michelle Theresias Director | 40 | $30,949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,683 |
| Total Program Service Revenue | $136,375 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$39,514 |
| Other Revenue | $0 |
| Total Revenue | $137,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $100,949 |
| Professional fees and other payments to independent contractors | $8,600 |
| Occupancy, rent, utilities, and maintenance | $14,063 |
| Printing, publications, postage, and shipping | $8,655 |
| Other expenses | $32,705 |
| Total expenses | $164,972 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1 |
| Other assets | $0 |
| Total assets | $1 |
| Total liabilities | $0 |
| Net assets or fund balances | $1 |