MARC ACADEMY & FAMILY CENTER INC

EIN: 133966229 501(c)(3) Education

BRONX, NY

Total Revenue
$9,090,542
Total Expenses
$9,421,412
Total Assets
$8,513,285
Net Assets
$1,896,097
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
ANNA LYORK
Phone
7185623410
Tax Period
2023-07-01 to 2024-06-30

MARC ACADEMY & FAMILY CENTER INC, founded in 1997, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

MARC Academy and Family Center helps children overcome obstacles and achieve their full potential, through programs that nurture, empower and invest in both them and their families for a lifetime of learning and success.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,019,554
Program Service Revenue $54,386
Investment Income $0
Other Revenue $16,602
TOTAL REVENUE $9,090,542

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,428,251
Fundraising Expenses $0
Program Expenses $8,316,658
Other Expenses $5,993,161
TOTAL EXPENSES $9,421,412

Year-over-Year Comparison

2023 2022 Change
Revenue $9,090,542 $8,290,840 +0.1%
Expenses $9,421,412 $8,213,464 +0.1%
Net Income $-330,870 $77,376 -5.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
47
Volunteers
35

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$130,000
Total Directors
6
$0
Key Employees
1
$130,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAI BOLARINWA CHAIRMAN 4.00
Officer Director
$0 $0 $0
GREGORY DOWNES TREASURER 4.00
Officer Director
$0 $0 $0
LLOYD DAWKINS MEMBER 2.00
Director
$0 $0 $0
VIOLET DAWKINS MEMBER 2.00
Director
$0 $0 $0
WILLIAM MCLEAN MEMBER 2.00
Director
$0 $0 $0
JULAINE BEDMINSTER SECRETARY 2.00
Officer Director
$0 $0 $0
NADINE SPENCER EXECUTIVE DIRECTOR 40.00
Officer Key Emp Highest
$130,000 $0 $130,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $9,090,542 $9,421,412 $8,513,285 $-330,870
2024 $9,090,542 $9,421,412 $8,513,285 $-330,870
2023 $8,840,588 $8,539,554 $9,414,777 $301,034
2023 $8,290,840 $8,213,464 $7,770,673 $77,376
2022 $7,108,499 $6,873,551 $5,901,370 $234,948
2022 $7,030,286 $7,038,562 $2,930,935 $-8,276
2021 $5,982,380 $5,973,503 $2,468,427 $8,877
2020 $6,757,760 $6,388,416 $2,171,155 $369,344
2019 $6,409,678 $6,350,103 $1,848,225 $59,575
2018 $5,925,353 $5,903,910 $1,918,739 $21,443
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MARC ACADEMY & FAMILY CENTER INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.