SECOND STREET YOUTH CENTER INC

EIN: 226100119 501(c)(3) Human Services

PLAINFIELD, NJ

Total Revenue
$4,171,126
Total Expenses
$4,018,815
Total Assets
$7,547,938
Net Assets
$758,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NJ
Principal Officer
REINALDO CRUZ
Phone
9085610421
Tax Period
2023-01-01 to 2023-12-31

SECOND STREET YOUTH CENTER INC, founded in 1967, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 4% surplus.

Mission

MISSION OF THE SECOND STREET YOUTH CENTER (SSYC) IS TO DEVELOP CHILDREN'S COMPETENCY, SELF-ESTEEM, & SELF- RELIANCE THROUGH OPPORTUNITIES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $464,741
Program Service Revenue $3,668,441
Investment Income $7,509
Other Revenue $30,435
TOTAL REVENUE $4,171,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,651,475
Fundraising Expenses $30,414
Program Expenses $3,920,140
Other Expenses $1,367,340
TOTAL EXPENSES $4,018,815

Year-over-Year Comparison

2023 2022 Change
Revenue $4,171,126 $3,815,205 +0.1%
Expenses $4,018,815 $3,670,465 +0.1%
Net Income $152,311 $144,740 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
8
Employees
72
Volunteers
15

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
$149,766
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEAH DADE EXECUTIVE DIRECTOR 40.0
Officer
$134,163 $15,603 $149,766
DR REGINALD DAVENPORT PRESIDENT 5.0
Officer Director
$0 $0 $0
REV RONALD C THOMAS BOARD MEMBER 2.0
Director
$0 $0 $0
DEBORAH THOMAS BOARD MEMBER 2.0
Director
$0 $0 $0
DEBORAH DOUGLASS WRIGHT BOARD MEMBER 2.0
Director
$0 $0 $0
KOSI REMY BOARD MEMBER 2.0
Director
$0 $0 $0
ANNE MARIE BRAMMNICK ESQ BOARD MEMBER 2.0
Director
$0 $0 $0
DAWNE HARRIS SECRETARY 5.0
Officer Director
$0 $0 $0
REGINA REEDER BOARD MEMBER 2.0
Director
$0 $0 $0
REINALDO CRUZ TREASUER 5.0
Officer Director
$0 $0 $0
RAVEN SANTANA BOARD MEMBER 2.0
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $4,171,126 $4,018,815 $7,547,938 $152,311
2022 $3,815,205 $3,670,465 $7,339,836 $144,740
2021 $3,470,923 $3,572,816 $1,005,985 $-101,893
2020 $4,211,019 $4,079,550 $1,021,151 $131,469
2019 $3,415,386 $3,560,671 $784,409 $-145,285
2018 $3,177,500 $3,258,975 $845,897 $-81,475
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