Civic Intelligence

Manchester Youth Development Center Inc.

990 • Fiscal year 2017 • EIN 23-7447953

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

1214 Liverpool StPittsburgh, PA 15233

(412) 322-0585

Siviq Scores

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

Liabilities / Assets

79th percentile

0.48x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.76x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

79th percentile

$129,392

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

41st percentile

0.5%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,778,803

Up $13,509 (+0.5%) from 2016

Net Assets

Down

$1,436,870

Down $194,953 (-12%) from 2016

Liabilities

Up

$1,341,933

Up $208,462 (+18%) from 2016

Revenue

Up

$1,761,269

Up $461,667 (+36%) from 2016

Expenses

Up

$1,956,222

Up $151,103 (+8.4%) from 2016

Net Income

Up

-$194,953

Up $310,564 (+61%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $3,320,099Liabilities 2015: $1,182,759Net Assets 2015: $2,137,3402015Assets 2016: $2,765,294Liabilities 2016: $1,133,471Net Assets 2016: $1,631,8232016Assets 2017: $2,778,803Liabilities 2017: $1,341,933Net Assets 2017: $1,436,8702017Assets 2018: $2,747,792Liabilities 2018: $1,137,524Net Assets 2018: $1,610,2682018Assets 2019: $2,500,868Liabilities 2019: $54,201Net Assets 2019: $2,446,6672019Assets 2020: $2,647,713Liabilities 2020: $120,599Net Assets 2020: $2,527,1142020Assets 2021: $3,044,781Liabilities 2021: $41,890Net Assets 2021: $3,002,8912021Assets 2022: $2,714,802Liabilities 2022: $71,075Net Assets 2022: $2,643,7272022Assets 2023: $2,527,361Liabilities 2023: $96,432Net Assets 2023: $2,430,9292023Assets 2024: $3,008,891Liabilities 2024: $129,790Net Assets 2024: $2,879,1012024

Highlighted filing

2017

Assets$2,778,803
Liabilities$1,341,933
Net Assets$1,436,870

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $2,039,243Expenses 2015: $1,884,656Net Income 2015: $154,5872015Revenue 2016: $1,299,602Expenses 2016: $1,805,119Net Income 2016: -$505,5172016Revenue 2017: $1,761,269Expenses 2017: $1,956,222Net Income 2017: -$194,9532017Revenue 2018: $2,076,340Expenses 2018: $1,902,942Net Income 2018: $173,3982018Revenue 2019: $2,256,030Expenses 2019: $1,460,285Net Income 2019: $795,7452019Revenue 2020: $1,026,350Expenses 2020: $1,005,032Net Income 2020: $21,3182020Revenue 2021: $986,446Expenses 2021: $836,937Net Income 2021: $149,5092021Revenue 2022: $1,541,965Expenses 2022: $1,323,368Net Income 2022: $218,5972022Revenue 2023: $1,283,634Expenses 2023: $1,631,014Net Income 2023: -$347,3802023Revenue 2024: $1,678,254Expenses 2024: $1,436,664Net Income 2024: $241,5902024

Highlighted filing

2017

Revenue$1,761,269
Expenses$1,956,222
Net Income-$194,953
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.1
Gross Receipts
$1,761,269
Mission and Program Overview

Mission

Our mission at manchester youth development center is committed to nurturing the development of children by meeting their academic, social and emotional needs within a constructive, wholesome and safe learning environment, which places value on making positive choices as a foundation for building a productive life.

Mydc is committed to nurturing the development of children by meeting their academic, social and emotional needs within a constructive wholesome and safe learning environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,473,412$2,393,405▼ $80,007
Pledges and Grants Receivable$20,000$289,977▲ $269,977
Accounts Receivable$93,847$70,797▼ $23,050
Loans From Officers Directors$39,450--
Prepaid Expenses and Deferred Charges$15,024$16,666▲ $1,642
Savings and Temporary Cash Investments$161,611$6,558▼ $155,053
Cash and Non-Interest-Bearing Accounts$1,400$1,400→ $0
Total Assets$2,765,294$2,778,803▲ $13,509
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,044,145$1,012,103▼ $32,042
Accounts Payable and Accrued Expenses$49,876$254,830▲ $204,954
Unsecured Notes Loans Payable-$75,000-
Total Liabilities$1,133,471$1,341,933▲ $208,462
Net Assets / Fund Balance
Unrestricted Net Assets$1,361,823$1,146,893▼ $214,930
Temporarily Rstr Net Assets$270,000$289,977▲ $19,977
Total Net Assets Fund Balance$1,631,823$1,436,870▼ $194,953
Total Liabilities and Net Assets / Fund Balance$2,765,294$2,778,803▲ $13,509

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,359,208$4,428,853$6,788,061
Equipment$2,216$35,806$38,022
Land$31,981-$31,981
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cheryl WalkerExecutive DiFT$118,147$11,245$129,392

Board Members and Trustees

NameTitle
Darryl WileyBoard Chair
Allison SizemoreBoard Member
Andrew C ClemBoard Member
James KrappaBoard Member
Margaret McmackinBoard Member
Thomas RoneBoard Member
Towana GatewoodBoard Member
Joycelyn ThomasSecretary
Greg AllisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$870,177
Program Service Revenue
$891,076
Investment Income
$16
Other Revenue
$0
All Other Contributions
$343,512
Change in Net Assets
$-194,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,761,269
Total Revenue per Audited Statements
$1,761,269
Total Revenue per Form 990
$1,761,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,212,944
Other Expenses$743,278
Total Fundraising Expense$30,598
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$772,615$133,199$428$906,242
Depreciation Depletion$151,226$16,802-$168,028
Fees for Services Other$141,816$8,245-$150,061
Current Officers, Directors, Trustees, and Key Employees-$103,514$25,878$129,392
Payroll Taxes$77,438$19,520$1,836$98,794
Other Employee Benefits$51,609$19,277-$70,886
Occupancy$55,039$6,115-$61,154
Interest$29,190$7,668-$36,858
Insurance$32,487$3,610-$36,097
Fees for Services Accounting$1,334$28,410-$29,744
Information Technology$23,507$2,442-$25,949
All Other Expenses$11,965$4,675-$16,640
Other Expenses$9,651$302$2,456$9,953
Pension Plan Contributions$5,083$2,547-$7,630
Travel$5,225--$5,225
Total Functional Expenses$1,538,980$386,644$30,598$1,956,222

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,956,222
Total Expenses per Audited Statements$1,956,222
Total Expenses per Form 990$1,956,222
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$39,450--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

An ad hoc committee is charged with reviewing and approving the audit and form 990. The committee performs a detailed review of both the audit and form 990, and makes a recommendation to the full board for approval after the committee is satisfied with the accuracy and completeness of the audit and form 990.

Form 990, Page 6, Part VI, Line 12C

All board members are required to sign an annual conflict of interest statement, certifying that they are in compliance with the organizations conflict of interest policy. In addition, if a potential conflict is identified at an interim period, the parties are asked to review the conflict of interest policy and re-certify his/her compliance with the same.

Form 990, Page 6, Part VI, Line 15A

An ad hoc committee is charged with an annual review of the executive director. This committee determines any adjustment to compensation of the executive director. Their decision is based on a performance review and comparison of compensation of executive directors of similar organizations.

Form 990, Page 6, Part VI, Line 15B

Executive director determines compensation for all other employees.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public. All of these documents are available for review at the organization's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Manchester Youth Development Center
EIN
23-7447953
Phone
4123220585
Address
1214 LIVERPOOL ST, PITTSBURGH, PA 15233

Signing Officer

Name
Cheryl Walker
Title
Executive Director
Phone
4123220585
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Walker
Formed
1975
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
114

Preparer

Firm
Hardy & Co LLC
Address
2378 FERGUSON RD, ALLISON PARK, PA 15101-3550
Preparer
Brian T Hardy
Phone
4125629061
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The manchester youth development center (mydc) was established in 1968 amidst an atmosphere of social and racial tensions. Mydc was founded as a recreational facility and alternative to street life for local community youth. Mydc officially incorporated in 1975 with a school-based curriculum in an after school setting for children 9 to 13 years of age. In 1993, a local preschool known as training wheels childcare center, moved under the mydc umbrella in an effort to provide an affordable, educationally-based, pre-school opportunity to manchester preschoolers ages 2 to 5 years. In 1997, mydc played an integral part in the development of the manchester academic charter school (macs), serving grades k to 8. Mydc shares facilities with the charter school, in a mutually beneficial relationship that provides savings in maintenance and operations, services such as fiscal monitoring and other overhead costs. Mydc is a nonprofit organization and a local economic resource for the manchester community, with over 60% of its employees residing in the north side neighborhoods of pittsburgh and 50% of its employees residing within a 3 block radius of the center itself. Twenty two percent of staff members are former mydc students and nearly 50% are parents of present and former students. Mydc seeks to replace negative behaviors with positive goals, through mobilizing families from the community to participate in the development of the youth. The center recognizes that being problem-free is not the same as being fully prepared and thus focuses on the development of the whole child to become productive and engaged citizens.

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IRS990/MissionDesc0THE MANCHESTER YOUTH DEVELOPMENT CENTER (MYDC) WAS ESTABLISHED IN 1968 AMIDST AN ATMOSPHERE OF SOCIAL AND RACIAL TENSIONS. MYDC WAS FOUNDED AS A RECREATIONAL FACILITY AND ALTERNATIVE TO STREET LIFE FOR LOCAL COMMUNITY YOUTH. MYDC OFFICIALLY INCORPORATED IN 1975 WITH A SCHOOL-BASED CURRICULUM IN AN AFTER SCHOOL SETTING FOR CHILDREN 9 TO 13 YEARS OF AGE. IN 1993, A LOCAL PRESCHOOL KNOWN AS TRAINING WHEELS CHILDCARE CENTER, MOVED UNDER THE MYDC UMBRELLA IN AN EFFORT TO PROVIDE AN AFFORDABLE, EDUCATIONALLY-BASED, PRE-SCHOOL OPPORTUNITY TO MANCHESTER PRESCHOOLERS AGES 2 TO 5 YEARS. IN 1997, MYDC PLAYED AN INTEGRAL PART IN THE DEVELOPMENT OF THE MANCHESTER ACADEMIC CHARTER SCHOOL (MACS), SERVING GRADES K TO 8. MYDC SHARES FACILITIES WITH THE CHARTER SCHOOL, IN A MUTUALLY BENEFICIAL RELATIONSHIP THAT PROVIDES SAVINGS IN MAINTENANCE AND OPERATIONS, SERVICES SUCH AS FISCAL MONITORING AND OTHER OVERHEAD COSTS. MYDC IS A NONPROFIT ORGANIZATION AND A LOCAL ECONOMIC RESOURCE FOR THE MANCHESTER COMM
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IRS990/PrincipalOfficerNm0CHERYL WALKER
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
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IRS990ScheduleE/DiscriminateRaceSchsInd0false
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
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IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE RACIAL NON-DISCRIMINATION POLICY IS OUTLINED IN THE CENTER'S BROCHURES WHICH IS DISTRIBUTED THROUGHOUT THE COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGAIZATION RECEIVES FINANCIAL ASSISTANCE FROM VARIOUS GOVERNMENTAL PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANCHESTER YOUTH DEVELOPMENT CENTER (MYDC) WAS ESTABLISHED IN 1968 AMIDST AN ATMOSPHERE OF SOCIAL AND RACIAL TENSIONS. MYDC WAS FOUNDED AS A RECREATIONAL FACILITY AND ALTERNATIVE TO STREET LIFE FOR LOCAL COMMUNITY YOUTH. MYDC OFFICIALLY INCORPORATED IN 1975 WITH A SCHOOL-BASED CURRICULUM IN AN AFTER SCHOOL SETTING FOR CHILDREN 9 TO 13 YEARS OF AGE. IN 1993, A LOCAL PRESCHOOL KNOWN AS TRAINING WHEELS CHILDCARE CENTER, MOVED UNDER THE MYDC UMBRELLA IN AN EFFORT TO PROVIDE AN AFFORDABLE, EDUCATIONALLY-BASED, PRE-SCHOOL OPPORTUNITY TO MANCHESTER PRESCHOOLERS AGES 2 TO 5 YEARS. IN 1997, MYDC PLAYED AN INTEGRAL PART IN THE DEVELOPMENT OF THE MANCHESTER ACADEMIC CHARTER SCHOOL (MACS), SERVING GRADES K TO 8. MYDC SHARES FACILITIES WITH THE CHARTER SCHOOL, IN A MUTUALLY BENEFICIAL RELATIONSHIP THAT PROVIDES SAVINGS IN MAINTENANCE AND OPERATIONS, SERVICES SUCH AS FISCAL MONITORING AND OTHER OVERHEAD COSTS. MYDC IS A NONPROFIT ORGANIZATION AND A LOCAL ECONOMIC RESOURCE FOR THE MANCHESTER COMMUNITY, WITH OVER 60% OF ITS EMPLOYEES RESIDING IN THE NORTH SIDE NEIGHBORHOODS OF PITTSBURGH AND 50% OF ITS EMPLOYEES RESIDING WITHIN A 3 BLOCK RADIUS OF THE CENTER ITSELF. TWENTY TWO PERCENT OF STAFF MEMBERS ARE FORMER MYDC STUDENTS AND NEARLY 50% ARE PARENTS OF PRESENT AND FORMER STUDENTS. MYDC SEEKS TO REPLACE NEGATIVE BEHAVIORS WITH POSITIVE GOALS, THROUGH MOBILIZING FAMILIES FROM THE COMMUNITY TO PARTICIPATE IN THE DEVELOPMENT OF THE YOUTH. THE CENTER RECOGNIZES THAT BEING PROBLEM-FREE IS NOT THE SAME AS BEING FULLY PREPARED AND THUS FOCUSES ON THE DEVELOPMENT OF THE WHOLE CHILD TO BECOME PRODUCTIVE AND ENGAGED CITIZENS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN AD HOC COMMITTEE IS CHARGED WITH REVIEWING AND APPROVING THE AUDIT AND FORM 990. THE COMMITTEE PERFORMS A DETAILED REVIEW OF BOTH THE AUDIT AND FORM 990, AND MAKES A RECOMMENDATION TO THE FULL BOARD FOR APPROVAL AFTER THE COMMITTEE IS SATISFIED WITH THE ACCURACY AND COMPLETENESS OF THE AUDIT AND FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT, CERTIFYING THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATIONS CONFLICT OF INTEREST POLICY. IN ADDITION, IF A POTENTIAL CONFLICT IS IDENTIFIED AT AN INTERIM PERIOD, THE PARTIES ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND RE-CERTIFY HIS/HER COMPLIANCE WITH THE SAME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN AD HOC COMMITTEE IS CHARGED WITH AN ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. THIS COMMITTEE DETERMINES ANY ADJUSTMENT TO COMPENSATION OF THE EXECUTIVE DIRECTOR. THEIR DECISION IS BASED ON A PERFORMANCE REVIEW AND COMPARISON OF COMPENSATION OF EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR DETERMINES COMPENSATION FOR ALL OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. ALL OF THESE DOCUMENTS ARE AVAILABLE FOR REVIEW AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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