Civic Intelligence

3Rd Eye Youth Empowerment Inc

EIN 04-3582197 • 501(c)3 • New Bedford, MA

Profile

3rd eye unlimited is an organization that uses the positive energy of hip hop to engage and empower young people in new bedford and surrounding communities to become a force for change in their city.

33 Arch StreetNew Bedford, MA 02740

www.3rdeyeunlimited.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

-4.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$136,954

Up $13,422 (+11%) from 2022

Liabilities

Down

$0

Down $15,000 (-100%) from 2022

Net Assets

Up

$136,954

Up $28,422 (+26%) from 2022

Revenue

Down

$149,900

Down $7,025 (-4.5%) from 2022

Expenses

Up

$121,478

Up $22,826 (+23%) from 2022

Net Income

Down

$28,422

Down $29,851 (-51%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $20,405Liabilities 2010: $808Net Assets 2010: $19,5972010Assets 2011: $49,977Liabilities 2011: $10,808Net Assets 2011: $39,1692011Assets 2012: $13,027Liabilities 2012: $5,058Net Assets 2012: $7,9692012Assets 2013: $32,784Liabilities 2013: $10,058Net Assets 2013: $22,7262013Assets 2014: $8,016Liabilities 2014: $9,9992014Assets 2015: $4,536Liabilities 2015: $9,9002015Assets 2016: $5,992Liabilities 2016: $9,9002016Assets 2017: $6,460Liabilities 2017: $9,9022017Assets 2018: $7,744Liabilities 2018: $9,900Net Assets 2018: -$2,1562018Assets 2019: $23,086Liabilities 2019: $8,900Net Assets 2019: $14,1862019Assets 2020: $49,062Liabilities 2020: $960Net Assets 2020: $48,1022020Assets 2021: $136,220Liabilities 2021: $85,961Net Assets 2021: $50,2592021Assets 2022: $123,532Liabilities 2022: $15,000Net Assets 2022: $108,5322022Assets 2023: $136,954Liabilities 2023: $0Net Assets 2023: $136,9542023

Highlighted filing

2023

Assets$136,954
Liabilities$0
Net Assets$136,954

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $123,516Expenses 2010: $144,288Net Income 2010: -$20,7722010Revenue 2011: $147,053Expenses 2011: $127,481Net Income 2011: $19,5722011Revenue 2012: $135,172Expenses 2012: $166,372Net Income 2012: -$31,2002012Revenue 2013: $167,277Expenses 2013: $152,520Net Income 2013: $14,7572013Revenue 2014: $68,370Expenses 2014: $93,079Net Income 2014: -$24,7092014Revenue 2015: $1,381Expenses 2015: $4,761Net Income 2015: -$3,3802015Revenue 2016: $13,319Expenses 2016: $11,863Net Income 2016: $1,4562016Revenue 2017: $9,535Expenses 2017: $9,069Net Income 2017: $4662017Revenue 2018: $11,613Expenses 2018: $10,329Net Income 2018: $1,2842018Revenue 2019: $41,089Expenses 2019: $24,747Net Income 2019: $16,3422019Revenue 2020: $99,124Expenses 2020: $65,208Net Income 2020: $33,9162020Revenue 2021: $31,566Expenses 2021: $29,408Net Income 2021: $2,1582021Revenue 2022: $156,925Expenses 2022: $98,652Net Income 2022: $58,2732022Revenue 2023: $149,900Expenses 2023: $121,478Net Income 2023: $28,4222023

Highlighted filing

2023

Revenue$149,900
Expenses$121,478
Net Income$28,422

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$1.50$1.21$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.24$0.15$1.09$1.57$0.99$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.86$0.50$0.32$0.29$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$0.99$0.65$0.34
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.09$0.14$0.41$0.25$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.10$0.02$0.12$0.10$0.01
2017Summary only. Only limited summary data is available for this year.$0.06$0.10$0.10$0.09$0.00
2016Summary only. Only limited summary data is available for this year.$0.06$0.10$0.13$0.12$0.01
2015Summary only. Only limited summary data is available for this year.$0.05$0.10$0.01$0.05$0.03
2014Summary only. Only limited summary data is available for this year.$0.08$0.10$0.68$0.93$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.33$0.10$0.23$1.67$1.53$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.05$0.08$1.35$1.66$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.11$0.39$1.47$1.27$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.01$0.20$1.24$1.44$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 29, 2024
Return Version
2023v5.0
Gross Receipts
$149,900
Mission and Program Overview

Mission

3rd eye unlimited is an organization that uses the positive energy of hip hop to engage and empower young people in new bedford and surrounding communities to become a force for change in their city.

Program Services

DescriptionGrantsExpenses
THE 3RD EYE OPEN IS A FREE CREATIVE ARTS FESTIVAL IN DOWNTOWN NEW BEDFORD, NOW IN ITS 21ST YEAR. THE FESTIVAL HIGHLIGHTS THE VIBRANT ENERGY OF HIP HOP CULTURE - FROM IMPROVISATIONAL HIP HOP TO BREAKDANCING TO GRAFFITI ART - BUT INCLUDES ACTIVITIES APPROPRIATE FOR ALL AGES, FROM BASKETBALL TO YOGA. THE 3RD EYE OPEN WAS FIRST HELD IN 1999 AND HAS BEEN ABLE TO EXPAND THEIR PROGRAMS. A FEW OF OUR PROGRAMS INCLUDE 5 PILLARS OF NEW BEDFORD WHICH OFFERS MINI HIP HOP POP UPS THAT HAPPEN AT COMMUNITY CENTERS, PARKS, BEACHES, AND COMMUNITY EVENTS YOUTH LEADERSHIP ACADEMY WHICH IS AN EMPOWERMENT WORKSHOP SERIES FOR KIDS 10-13 OPEN ART WEEK IS A MONTHLY BEGINNER ART CLASS TAUGHT BY LOCAL ARTISTS FOR KIDS 4 AND UP 3RD EYE OPEN: AN ANNUAL HIP HOP FESTIVAL IN DOWNTOWN NEW BEDFORD FEATURING LIVE MUSIC, DANCE EXHIBITIONS & BATTLES, LIVE STREET ART, INTERACTIVE ACTIVITIES AND COMMUNITY PROGRAMMERS. STUDIO-ISH: A MONTHLY HANG-OUT IN THE NB NATIONAL PARK MAKER SPACE AND PROVIDES OPPORTUNITY FOR ARTISTS AND CREATIVES TO MIX, MINGLE, SHARE IDEAS, WORK ON PROJECTS AND VIBE OUT IN A SAFE, SUPPORTIVE AND INCLUSIVE SPACE. THIS PROGRAM IS OPEN TO ALL AGES.-$120,377
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KERI COXPresidentPT$0--
MONICA FURTADOTreasurerPT$0--
LISA MAYA KNAUERVice-PresidePT$0--
LISA MAYA KNAUERDirectorPT$0--
MONICA A FURTADODirectorPT$0--
KERI COXDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
3rd Eye Youth Empowerment Inc
EIN
04-3582197
Phone
5089515295
Address
33 ARCH STREET, NEW BEDFORD, MA 02740

Signing Officer

Name
Monica Furtado
Title
Treasurer
Phone
5089102260
Signed
2024-11-29
Discuss with paid preparer
Yes

Preparer

Firm
Jardin & Dawson Inc
Address
24 CENTRE ST, NEW BEDFORD, MA 02740
Preparer
Anne E Jardin-maynard
Phone
5089923334
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising/promotion 549 office supplies 3,504 van expenses 1,885 insurance 6,527 festival cost 1,125 event supplies 1,423 ma state tax 35 filing fees 100 non-investment depreciation 3,960 total 19,108

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 10,000 10,000 equipment 7,152 26,952 less accumulated depreciation 7,152 14,412 van 19,800 0 less accumulated depreciation 3,300 0 total 26,500 22,540

Form 990-ez, Part II, Line 26

GRANTS PAYABLE 15,000 0

Form 990-ez, Part III

3rd eye unlimited is an organization that uses the positive energy of hip hop to engage and empower young people in new bedford and surrounding communities to become a force for change in their city.

Form 990-ez, Part III, Line 28

The 3rd eye open is a free creative arts festival in downtown new bedford, now in its 21st year. The festival highlights the vibrant energy of hip hop culture - from improvisational hip hop to breakdancing to graffiti art - but includes activities appropriate for all ages, from basketball to yoga. The 3rd eye open was first held in 1999 and has been able to expand their programs. A few of our programs include 5 pillars of new bedford which offers mini hip hop pop ups that happen at community centers, parks, beaches, and community events youth leadership academy which is an empowerment workshop series for kids 10-13 open art week is a monthly beginner art class taught by local artists for kids 4 and up 3rd eye open: an annual hip hop festival in downtown new bedford featuring live music, dance exhibitions & battles, live street art, interactive activities and community programmers. Studio-ish: a monthly hang-out in the nb national park maker space and provides opportunity for artists and creatives to mix, mingle, share ideas, work on projects and vibe out in a safe, supportive and inclusive space. This program is open to all ages.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33RD EYE UNLIMITED IS AN ORGANIZATION THAT USES THE POSITIVE ENERGY OF HIP HOP TO ENGAGE AND EMPOWER YOUNG PEOPLE IN NEW BEDFORD AND SURROUNDING COMMUNITIES TO BECOME A FORCE FOR CHANGE IN THEIR CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 3RD EYE OPEN IS A FREE CREATIVE ARTS FESTIVAL IN DOWNTOWN NEW BEDFORD, NOW IN ITS 21ST YEAR. THE FESTIVAL HIGHLIGHTS THE VIBRANT ENERGY OF HIP HOP CULTURE - FROM IMPROVISATIONAL HIP HOP TO BREAKDANCING TO GRAFFITI ART - BUT INCLUDES ACTIVITIES APPROPRIATE FOR ALL AGES, FROM BASKETBALL TO YOGA. THE 3RD EYE OPEN WAS FIRST HELD IN 1999 AND HAS BEEN ABLE TO EXPAND THEIR PROGRAMS. A FEW OF OUR PROGRAMS INCLUDE 5 PILLARS OF NEW BEDFORD WHICH OFFERS MINI HIP HOP POP UPS THAT HAPPEN AT COMMUNITY CENTERS, PARKS, BEACHES, AND COMMUNITY EVENTS YOUTH LEADERSHIP ACADEMY WHICH IS AN EMPOWERMENT WORKSHOP SERIES FOR KIDS 10-13 OPEN ART WEEK IS A MONTHLY BEGINNER ART CLASS TAUGHT BY LOCAL ARTISTS FOR KIDS 4 AND UP 3RD EYE OPEN: AN ANNUAL HIP HOP FESTIVAL IN DOWNTOWN NEW BEDFORD FEATURING LIVE MUSIC, DANCE EXHIBITIONS & BATTLES, LIVE STREET ART, INTERACTIVE ACTIVITIES AND COMMUNITY PROGRAMMERS. STUDIO-ISH: A MONTHLY HANG-OUT IN THE NB NATIONAL PARK MAKER SPACE AND PROVIDES OPPORTUNITY FOR ARTISTS AND CREATIVES TO MIX, MINGLE, SHARE IDEAS, WORK ON PROJECTS AND VIBE OUT IN A SAFE, SUPPORTIVE AND INCLUSIVE SPACE. THIS PROGRAM IS OPEN TO ALL AGES.
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