Civic Intelligence

Second Street Youth Center Foundation Inc.

990 • Fiscal year 2016 • EIN 22-6100119

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 25, 2017

935 Second StreetPlainfield, NJ 07063

(908) 561-0421

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.19x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.06x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-6.1%

Higher net margin than 21% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$80,383

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Asset Growth

6th percentile

-23%

Faster asset growth than 6% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

29th percentile

-2.6%

Faster revenue growth than 29% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$952,436

Down $286,925 (-23%) from 2015

Net Assets

Down

$772,960

Down $422,918 (-35%) from 2015

Liabilities

Up

$179,476

Up $135,993 (+313%) from 2015

Revenue

Down

$2,799,628

Down $73,416 (-2.6%) from 2015

Expenses

Down

$2,969,626

Down $3,408 (-0.1%) from 2015

Net Income

Down

-$169,998

Down $70,008 (-70%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,581,896Liabilities 2011: $67,184Net Assets 2011: $1,514,7122011Assets 2012: $1,561,929Liabilities 2012: $100,662Net Assets 2012: $1,461,2672012Assets 2013: $1,483,030Liabilities 2013: $97,633Net Assets 2013: $1,385,3972013Assets 2014: $1,329,441Liabilities 2014: $33,573Net Assets 2014: $1,295,8682014Assets 2015: $1,239,361Liabilities 2015: $43,483Net Assets 2015: $1,195,8782015Assets 2016: $952,436Liabilities 2016: $179,476Net Assets 2016: $772,9602016Assets 2017: $796,007Liabilities 2017: $169,039Net Assets 2017: $626,9682017Assets 2018: $845,897Liabilities 2018: $300,404Net Assets 2018: $545,4932018Assets 2019: $784,409Liabilities 2019: $384,201Net Assets 2019: $400,2082019Assets 2020: $1,021,151Liabilities 2020: $489,474Net Assets 2020: $531,6772020Assets 2021: $1,005,985Liabilities 2021: $576,201Net Assets 2021: $429,7842021Assets 2022: $7,339,836Liabilities 2022: $6,748,404Net Assets 2022: $591,4322022Assets 2023: $7,547,938Liabilities 2023: $6,789,395Net Assets 2023: $758,5432023Assets 2024: $7,086,735Liabilities 2024: $6,205,334Net Assets 2024: $881,4012024

Highlighted filing

2016

Assets$952,436
Liabilities$179,476
Net Assets$772,960

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,133,712Expenses 2011: $3,117,878Net Income 2011: $15,8342011Revenue 2012: $2,997,650Expenses 2012: $3,051,095Net Income 2012: -$53,4452012Revenue 2013: $2,911,595Expenses 2013: $2,987,465Net Income 2013: -$75,8702013Revenue 2014: $2,892,276Expenses 2014: $2,981,805Net Income 2014: -$89,5292014Revenue 2015: $2,873,044Expenses 2015: $2,973,034Net Income 2015: -$99,9902015Revenue 2016: $2,799,628Expenses 2016: $2,969,626Net Income 2016: -$169,9982016Revenue 2017: $2,841,411Expenses 2017: $2,987,403Net Income 2017: -$145,9922017Revenue 2018: $3,177,500Expenses 2018: $3,258,975Net Income 2018: -$81,4752018Revenue 2019: $3,415,386Expenses 2019: $3,560,671Net Income 2019: -$145,2852019Revenue 2020: $4,211,019Expenses 2020: $4,079,550Net Income 2020: $131,4692020Revenue 2021: $3,470,923Expenses 2021: $3,572,816Net Income 2021: -$101,8932021Revenue 2022: $3,815,205Expenses 2022: $3,670,465Net Income 2022: $144,7402022Revenue 2023: $4,171,126Expenses 2023: $4,018,815Net Income 2023: $152,3112023Revenue 2024: $4,569,056Expenses 2024: $4,446,198Net Income 2024: $122,8582024

Highlighted filing

2016

Revenue$2,799,628
Expenses$2,969,626
Net Income-$169,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 25, 2017
Return Version
2016v3.0
Gross Receipts
$2,804,808
Mission and Program Overview

Mission

Mission of the second street youth center foundation(ssyc) is to develop children's competency, self-esteem and self-reliance through opportunities to make choices, experiment, create, imagine and inquire. Ssyc provide programs and events to improve and strengthen the lives of the families and the community to serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$992,313$832,736▼ $159,577
Land, Buildings, and Equipment, Net$50,639$70,017▲ $19,378
Pledges and Grants Receivable$157,176$16,431▼ $140,745
Total Assets$1,239,361$952,436▼ $286,925
Other Assets Total$39,233$33,252▼ $5,981
Liabilities
Accounts Payable and Accrued Expenses$43,483$130,461▲ $86,978
Deferred Revenue-$49,015-
Total Liabilities$43,483$179,476▲ $135,993
Net Assets / Fund Balance
Unrestricted Net Assets$1,195,878$772,960▼ $422,918
Total Net Assets Fund Balance$1,195,878$772,960▼ $422,918
Total Liabilities and Net Assets / Fund Balance$1,239,361$952,436▼ $286,925

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$48,034$240,463$288,497
Equipment$21,983$3,664$25,647
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ivory FennelFormer EdFT$80,383-$80,383
Leah DadeEx.directorFT$50,100$2,928$53,028

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,704,859
Program Service Revenue
$90,434
Investment Income
$1,385
Other Revenue
$2,950
All Other Contributions
$43,452
Change in Net Assets
$-169,998

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,799,628
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$14,200
Total Revenue per Audited Statements
$2,813,828
Total Revenue per Form 990
$2,799,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,351,789
Other Expenses$617,837
Total Fundraising Expense$29,717
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,701,318$9,442$9,442$1,720,202
Other Employee Benefits$216,717$8,903-$225,620
Payroll Taxes$188,551$6,167$2,037$196,755
Occupancy$151,853$6,126-$157,979
Current Officers, Directors, Trustees, and Key Employees$78,251$39,174$13,058$130,483
Pension Plan Contributions$75,586$3,143-$78,729
Fees for Services Other$74,872--$74,872
Office Expenses$34,056$1,565$5,180$40,801
Travel$39,738--$39,738
All Other Expenses$19,569$7,879-$27,448
Insurance$25,926$1,080-$27,006
Depreciation Depletion$13,045$5,872-$18,917
Other Expenses$17,386$724-$18,110
Fees for Services Accounting-$17,500-$17,500
Information Technology$8,862$370-$9,232
Fees for Services Legal-$7,718-$7,718
Conferences and Meetings-$972-$972
Total Functional Expenses$2,822,174$117,735$29,717$2,969,626

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,983,826
Expenses per Audited Statements$2,969,626
Total Expenses per Form 990$2,969,626
Expenses Not Reported on Form 990$14,200
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,180
Fundraising Gross Income$5,180
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Event$7,962$5,180$5,180$0
Total Events$7,962$5,180$5,180$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 has been reviewed by the board prior to filing

Form 990, Part VI, Section B, Line 12C

The board evaluates the executive director annually. Compensation is determined based upon performance, budget and data obtained from comparable nonprofit organizations.

Form 990, Part VI, Section C, Line 19

The organization makes information available for public inspection upon written request.

Filing and Contact Details

Filer

Filer Name
Second Street Youth Center Foundation
EIN
22-6100119
Phone
9085610421
Address
935 SECOND STREET, PLAINFIELD, NJ 07063

Signing Officer

Name
Revronald Thomas
Title
President
Phone
9085610421
Signed
2017-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Ronald Thomas
Formed
1967
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
95
Volunteers
7

Preparer

Firm
Spire Group Pc
Address
100 WALNUT AVE SUITE 103, CLARK, NJ 07066
Preparer
Kathleen M Clayton CPA
Phone
7323818887
Supplemental Narrative

Additional Explanations

Form 990 Part III

Second street youth center (ssyc) has served the plainfield community for more than 40 years. During this time, the landscape for the provision of educational services has changed considerably. This includes the state of nj changing the qualifications for families to participate in childcare before and aftercare services. As a result, childcare facilities across the state suffered serious reduction in revenue. During this time, ssyc also expanded its services to include an afterschool program for children ages 5-12 years old. We also offer a summer learning program for children grades k-8. Our summer programs provides stem content with a focus on reducing summer learning loss of the at risk children we serve. This has allowed us to service over 350 children annually. Strategic planning process with the funding shift taking place and our education contract requiring matching funds for a variety of programmatic expense, ssyc needed to begin looking at conducting independent fund development. In addition, the board of ssyc realized there was a need to have a better understanding and direction for the overall organization. As a result, in 2014 with the help of a private consultant, the board underwent a strategic planning process. Through this process, the board re-defined its governance role, but also realized the organization needed a higher level of operational leadership, to assess and navigate the new educational funding landscape and begin the process of private fund development. This lead the board to establishing the need for an executive director. The first executive director of ssyc was hired in june of 2016. The board understood, considering our funding model, hiring an executive director would have an adverse budgetary impact. In addition, considering the tenure of the serving program director, the board also provided this person with a severance package. Therefore, during a period in 2016, ssyc had an additional salary and a severance payment that were not funded.

FORM 990, PART XII, LINE 2C:

The audit committee assumes responsibility and oversight for the annual audit. This process has not changed in the current year.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertainty in income taxes using a recognition threshold of more-likely-than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met.

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IRS990/Desc0SSYC PRESCHOOL HAS SERVED THE COMMUNITY SINCE 1970. THE CENTER PROVIDES QUALITY CHILD CARE TO CHILDREN BETWEEN THE AGES OF 3 AND 5. PRESCHOOL PROGRAM FOCUSES ON KINDERGARTEN READINESS AND CAN SUPPORT A MAXIMUM OF 180 STUDENTS IN 12 CLASSROOMS. EACH CLASSROOM HAS A CERTIFIED P-3 TEACHER AND A TEACHER'S AIDE AND FOLLOWS THE HIGH SCHOOL SCOOPE CURRICULUM PRESCRIBED BY THE PLAINFIELD SCHOOL DISTRICT.
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IRS990/OccupancyGrp/ManagementAndGeneralAmt06126
IRS990/OccupancyGrp/ProgramServicesAmt0151853
IRS990/OccupancyGrp/TotalAmt0157979
IRS990/OfficeExpensesGrp/FundraisingAmt05180
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01565
IRS990/OfficeExpensesGrp/ProgramServicesAmt034056
IRS990/OfficeExpensesGrp/TotalAmt040801
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt039233
IRS990/OtherAssetsTotalGrp/EOYAmt033252
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08903
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0216717
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0225620
IRS990/OtherExpensesGrp/Desc0FOOD AND FOOD SUPPLIES
IRS990/OtherExpensesGrp/Desc1CLASSROOM SUPPLIES
IRS990/OtherExpensesGrp/Desc2RENOVATION
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1724
IRS990/OtherExpensesGrp/ProgramServicesAmt0117811
IRS990/OtherExpensesGrp/ProgramServicesAmt132233
IRS990/OtherExpensesGrp/ProgramServicesAmt226400
IRS990/OtherExpensesGrp/ProgramServicesAmt317386
IRS990/OtherExpensesGrp/TotalAmt0117811
IRS990/OtherExpensesGrp/TotalAmt132233
IRS990/OtherExpensesGrp/TotalAmt227500
IRS990/OtherExpensesGrp/TotalAmt318110
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02950
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02950
IRS990/OtherRevenueTotalAmt02950
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09442
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09442
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01701318
IRS990/OtherSalariesAndWagesGrp/TotalAmt01720202
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02037
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06167
IRS990/PayrollTaxesGrp/ProgramServicesAmt0188551
IRS990/PayrollTaxesGrp/TotalAmt0196755
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03143
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075586
IRS990/PensionPlanContributionsGrp/TotalAmt078729
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0157176
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt016431
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0REV RONALD THOMAS
IRS990/PriorPeriodAdjustmentsAmt0-252920
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090434
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090434
IRS990/ProgSrvcAccomActy2Grp/Desc0THE AFTER SCHOOL PROGRAM IS A BRIDGE BETWEEN HOME AND SCHOOL AND OFFERS LITERACY STRATEGIES, LEVERAGED LEARNING, STANDARDIZED TEST PREPARATION AND STEM PROJECTS SUCH AS ROBOTICS. THE AFTER SCHOOL PROGRAM BEGAN IN 2007. IT IS OPEN TO KIDS 5-11 AND SUPPORTS A MAXIMUM OF 60 KIDS WITH A STAFF OF FOUR. THE PROGRAM WAS ACCREDITED IN 2012 AND IS BEING RE-ACCREDITED IN 2016. SUMMER CAMP IS PROVIDED FOR 34 CHILDREN BETWEEN THE AGES OF 6 AND 11, FROM JULY 1 TO AUGUST 31. OUR CENTER PROVIDES FULL DAY SERVICE DURING THE ENTIRE SUMMER. ACTIVITIES INCLUDE ROLLER SKATING, BOWLING, SWIMMING, FIELD TRIPS, GAMES AND SUMMER SCHOOL WORK PROJECTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0427149
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt089074
IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY AND COMMUNITY OUTREACH PROGRAMS ARE DESIGNED TO PROMOTE THE EDUCATION AND SOCIAL DEVELOPMENT OF CHILDREN AND FAMILIES IN OUR COMMUNITY. SSYC HAS CREATED AN ENVIRONMENT THAT WILL NURTURE AND SHAPE A YOUNG PERSON'S GROWTH TOWARDS COMPETENCY, SELF-ESTEEM AND SELF-RELIANCE. OPPORTUNITIES TO MAKE CHOICES, EXPERIMENT, CREATE, IMAGINE AND INQUIRE.THE YOUTH LEADERSHIP ACADEMY FOCUSES ON GROWING FUTURE LEADERS BY DEVELOPING CORE COMPETENCIES. THESE COMPETENCIES FOLLOW A NATIONAL MODEL FOR YOUTH DEVELOPMENT AND YOUTH LEADERSHIP. THE PERMISSION OF A PARENT OR GUARDIAN IS REQUIRED FOR PARTICIPATION IN THESE PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04310
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt04310
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02751658
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0677794
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0121386
IRS990/PYRevenuesLessExpensesAmt0-99990
IRS990/PYSalariesCompEmpBnftPaidAmt02295240
IRS990/PYTotalExpensesAmt02973034
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02873044
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-169998
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02677272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02873044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02892276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02911595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02997650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014351837
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04335
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04335
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt014351837
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02677272
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02873044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02892276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02911595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02997650
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014351837
IRS990ScheduleA/TotalSupportAmt014356172
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09020
IRS990ScheduleD/DonatedServicesUseFcltsAmt09020
IRS990ScheduleD/EquipmentGrp/BookValueAmt021983
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03664
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025647
IRS990ScheduleD/ExpensesNotReportedAmt014200
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02969626
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048034
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0240463
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0288497
IRS990ScheduleD/OtherExpensesIncludedAmt05180
IRS990ScheduleD/OtherRevenueAmt05180
IRS990ScheduleD/RevenueNotReportedAmt014200
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02799628
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070017
IRS990ScheduleD/TotalExpensesPerForm990Amt02969626
IRS990ScheduleD/TotalRevenuePerForm990Amt02799628
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02813828
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02983826
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02782
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02782
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05180
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0COMMUNITY EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07962
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt07962
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt05180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05180
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05180
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05180
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt080383
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0IVORY FENNEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER ED
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt080383
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECOND STREET YOUTH CENTER (SSYC) HAS SERVED THE PLAINFIELD COMMUNITY FOR MORE THAN 40 YEARS. DURING THIS TIME, THE LANDSCAPE FOR THE PROVISION OF EDUCATIONAL SERVICES HAS CHANGED CONSIDERABLY. THIS INCLUDES THE STATE OF NJ CHANGING THE QUALIFICATIONS FOR FAMILIES TO PARTICIPATE IN CHILDCARE BEFORE AND AFTERCARE SERVICES. AS A RESULT, CHILDCARE FACILITIES ACROSS THE STATE SUFFERED SERIOUS REDUCTION IN REVENUE. DURING THIS TIME, SSYC ALSO EXPANDED ITS SERVICES TO INCLUDE AN AFTERSCHOOL PROGRAM FOR CHILDREN AGES 5-12 YEARS OLD. WE ALSO OFFER A SUMMER LEARNING PROGRAM FOR CHILDREN GRADES K-8. OUR SUMMER PROGRAMS PROVIDES STEM CONTENT WITH A FOCUS ON REDUCING SUMMER LEARNING LOSS OF THE AT RISK CHILDREN WE SERVE. THIS HAS ALLOWED US TO SERVICE OVER 350 CHILDREN ANNUALLY. STRATEGIC PLANNING PROCESS WITH THE FUNDING SHIFT TAKING PLACE AND OUR EDUCATION CONTRACT REQUIRING MATCHING FUNDS FOR A VARIETY OF PROGRAMMATIC EXPENSE, SSYC NEEDED TO BEGIN LOOKING AT CONDUCTING INDEPENDENT FUND DEVELOPMENT. IN ADDITION, THE BOARD OF SSYC REALIZED THERE WAS A NEED TO HAVE A BETTER UNDERSTANDING AND DIRECTION FOR THE OVERALL ORGANIZATION. AS A RESULT, IN 2014 WITH THE HELP OF A PRIVATE CONSULTANT, THE BOARD UNDERWENT A STRATEGIC PLANNING PROCESS. THROUGH THIS PROCESS, THE BOARD RE-DEFINED ITS GOVERNANCE ROLE, BUT ALSO REALIZED THE ORGANIZATION NEEDED A HIGHER LEVEL OF OPERATIONAL LEADERSHIP, TO ASSESS AND NAVIGATE THE NEW EDUCATIONAL FUNDING LANDSCAPE AND BEGIN THE PROCESS OF PRIVATE FUND DEVELOPMENT. THIS LEAD THE BOARD TO ESTABLISHING THE NEED FOR AN EXECUTIVE DIRECTOR. THE FIRST EXECUTIVE DIRECTOR OF SSYC WAS HIRED IN JUNE OF 2016. THE BOARD UNDERSTOOD, CONSIDERING OUR FUNDING MODEL, HIRING AN EXECUTIVE DIRECTOR WOULD HAVE AN ADVERSE BUDGETARY IMPACT. IN ADDITION, CONSIDERING THE TENURE OF THE SERVING PROGRAM DIRECTOR, THE BOARD ALSO PROVIDED THIS PERSON WITH A SEVERANCE PACKAGE. THEREFORE, DURING A PERIOD IN 2016, SSYC HAD AN ADDITIONAL SALARY AND A SEVERANCE PAYMENT THAT WERE NOT FUNDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 HAS BEEN REVIEWED BY THE BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD EVALUATES THE EXECUTIVE DIRECTOR ANNUALLY. COMPENSATION IS DETERMINED BASED UPON PERFORMANCE, BUDGET AND DATA OBTAINED FROM COMPARABLE NONPROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES INFORMATION AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY AND OVERSIGHT FOR THE ANNUAL AUDIT. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.09$6.21$0.88$4.57$4.45$0.12
2023Summary only. Only limited summary data is available for this year.$7.55$6.79$0.76$4.17$4.02$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$6.75$0.59$3.82$3.67$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.58$0.43$3.47$3.57$0.10
2020Summary only. Only limited summary data is available for this year.$1.02$0.49$0.53$4.21$4.08$0.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.38$0.40$3.42$3.56$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.30$0.55$3.18$3.26$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.17$0.63$2.84$2.99$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.18$0.77$2.80$2.97$0.17
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.04$1.20$2.87$2.97$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.03$1.30$2.89$2.98$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.48$0.10$1.39$2.91$2.99$0.08
2012Summary only. Only limited summary data is available for this year.$1.56$0.10$1.46$3.00$3.05$0.05
2011Summary only. Only limited summary data is available for this year.$1.58$0.07$1.51$3.13$3.12$0.02