OIKOS COMMUNITY CORPORATION

EIN: 271393999 501(c)(3) Youth Development

Flushing, NY

Total Revenue
$901,304
Total Expenses
$913,009
Total Assets
$332,522
Net Assets
$127,248
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
James Tam
Phone
6465357245
Tax Period
2023-01-01 to 2023-12-31

OIKOS COMMUNITY CORPORATION, founded in 2009, is a small nonprofit in the Youth Development sector that reported $901K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

OCC seeks to serve the community in a holistic way by meeting their physical, emotional and spiritual needs through educational means, counseling services and other activities. Our mission is anchored in traditional Christian beliefs while the various services provided are carried out in ways that uphold Biblical principles. Through the services we provide, we intend to impact the community by imparting Christian values so that they can see how the Christian faith is related to each of our lives.

Program Service Accomplishments

Program 1
Expenses: $519,428 Revenue: $0

3K/4K (Pre-K) Program: The 3K/4K program is a contract agreement with the NYC Dept of Education to provide early care and education services to children who are 3 years (3K) and 4 years (4K) old. The...

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3K/4K (Pre-K) Program: The 3K/4K program is a contract agreement with the NYC Dept of Education to provide early care and education services to children who are 3 years (3K) and 4 years (4K) old. The school year begins in September and ends in June of the following year. This program consisted of 32 students from January to June and 33 students from September to December. The staff comprised of 1 education director, 2 teachers, 2 teacher assistants, 1 administrator and 2 part-time employees (1 accountant and 1 maintenance worker).

Program 2
Expenses: $182,971 Revenue: $194,114

OCC Summer Paradise: This is a summer school program during early July to late August for children from grades preschool to 8th grade. We believe that each person is uniquely created in God's image...

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OCC Summer Paradise: This is a summer school program during early July to late August for children from grades preschool to 8th grade. We believe that each person is uniquely created in God's image to represent His goodness, to grow in His likeness, and to faithfully live out His purpose. Our summer school program strives to provide an environment that helps the children to develop godly characteristics and to further enhance his/her academic potential. This program comprised of 9 classes with an enrollment of 195 students. We employed 3 directors, 9 teachers, 18 teacher assistants, 1 General Manager and 1 Assistant General Manager. There were 21 volunteers.

Program 3
Expenses: $164,165 Revenue: $141,412

OCC Daycare Program: Our Daycare program aims to provide a safe and developmentally appropriate environment that nurtures each child's social, emotional, physical, cognitive and spiritual growth. Our...

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OCC Daycare Program: Our Daycare program aims to provide a safe and developmentally appropriate environment that nurtures each child's social, emotional, physical, cognitive and spiritual growth. Our staff is committed to bring faith, hope and love to each child. We strive to help them grow in wisdom and stature to prepare them for the school years ahead. We also aim to bring out the Gospel message to the children and actively engage in opportunities to help parents understand the importance of Christian belief in bringing up their children and how this faith can impact their family dynamics and growth. This program consisted of 12 students from January to June and 12 students from September to December. The staff comprised of 1 teacher, 2 teacher assistants and 3 part-time helpers.

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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 $565,636
Program Service Revenue $335,526
Investment Income $142
Other Revenue $0
TOTAL REVENUE $901,304

Expense Breakdown

Grants Paid $0
Salaries & Benefits $766,996
Fundraising Expenses $0
Program Expenses $866,564
Other Expenses $146,013
TOTAL EXPENSES $913,009

Year-over-Year Comparison

2023 2022 Change
Revenue $901,304 $961,255 -0.1%
Expenses $913,009 $864,331 +0.1%
Net Income $-11,705 $96,924 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
46
Volunteers
21

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
0
$0
Total Directors
4
$91,539
Key Employees
1
$91,539
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wendy Wong Secretary 50
Director Key Emp Highest
$91,539 $0 $91,539
Dr Frank Tung Director 0.25
Director
$0 $0 $0
Rev Stanley Kwong President 1
Director
$0 $0 $0
James Tam Treasurer 1.5
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 $901,304 $913,009 $332,522 $-11,705
2022 $961,255 $864,331 $246,641 $96,924
2021 $955,394 $815,304 $213,510 $140,090
2020 $462,336 $517,211 $134,660 $-54,875
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