MIAMI CHILDRENS INITIATIVE INC

EIN: 275025010 501(c)(3) Community Improvement

MIAMI, FL

Total Revenue
$341,089
Total Expenses
$1,656,269
Total Assets
$222,932
Net Assets
$-955,906
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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
FL
Phone
7864885512
Tax Period
2022-07-01 to 2023-06-30

MIAMI CHILDRENS INITIATIVE INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $341K in total revenue in fiscal year 2022. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 386% operating deficit.

Mission

The mission is to create a community-based network that develops coordinates and provides quality education accessible health care youth development programs opportunities for employment and safe neighborhoods for children and families residing in Liberty City.

Program Service Accomplishments

Program 1
Expenses: $1,180,333 Revenue: $0

Baby Artsplay! Program- In partnership with Arts for Learning A4L MCI has implemented the Baby Artsplay! Program. A4L is the regional affiliate of the national Wolf Trap Institute for Early Learning...

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Baby Artsplay! Program- In partnership with Arts for Learning A4L MCI has implemented the Baby Artsplay! Program. A4L is the regional affiliate of the national Wolf Trap Institute for Early Learning Through the Arts. A4L will expand programming to serve teachers and parents of children ages three months to three years. This means the infant toddler classrooms will receive A4L's support as well as parents who have young children who are likely not enrolled in any early learning program. Improving the Quality of Early Care and Education Centers in the Impact Zone- In 2013 MCI launched its Early Care and Education Strategy that impacts the early care and education centers in which the children from the blocks are being placed. The strategy is an investment in the quality of education and care being provided to the children in the centers. Kindergarten Interventionist at Charles R. Drew K-8 Center - In partnership with Charity Services MCI is providing an interventionist to work with kindergarten children on a daily basis from 9:00 a.m. - 12:00 noon. The goal is to ensure children in kindergarten at Charles R. Drew K-8 Center are reading at or above grade level by the end of the school year. Miami Dade College Read to Learn Free Books for children 0-17 years old- Miami Children's Initiative partnered with Miami Dade College to provide Free books to children youth throughout the blocks and in the immediate surrounding blocks and schools. The bookshelf is constantly filled with high quality books that promote a love of reading. Miami Music Project @ Charles R. Drew K-8 Center- Miami Children's Initiative has partnered with Miami Music Project to launch its ESMIA Children's Orchestra at Charles R. Drew K-8 Center. African Heritage Cultural Arts Center- Miami Children's Initiative in partnership with the African American Cultural Arts Center AACAC partnered last summer to provide children on the blocks with a meaningful summer experience. Up2US @ Charles R. Drew Middle School and Miami Northwestern Senior High School- Up2US has committed to a partnership with MCI to provide resources towards two highly trained Coaches. MCI placed the full-time coaches at the Charles R. Drew Middle and Miami Northwestern Senior High School to support after-school programming for students. Up2US coaches are part of the national AmeriCorps program and receive valuable leadership training along with an education award and additional benefits. Parks and Recreation Programs- Miami Children's Initiative in partnership with Olinda Parks Hadley Park and the NFL YET Center partnered last summer to provide children on the blocks with a meaningful summer experience. Parent Leadership Training Institute PLTI - In partnership with Catalyst Miami MCI has implemented PLTI in Liberty City. The program engages parents as partners in their children's education and well-being. FLTI is a civic literacy platform designed to engage entire families across age groups and generations.

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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 (2022)

Revenue Breakdown

Contributions & Grants $341,089
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,089

Expense Breakdown

Grants Paid $0
Salaries & Benefits $893,695
Fundraising Expenses $42,702
Program Expenses $1,180,333
Other Expenses $762,574
TOTAL EXPENSES $1,656,269

Year-over-Year Comparison

2022 2021 Change
Revenue $341,089 $1,134,309 -0.7%
Expenses $1,656,269 $1,253,099 +0.3%
Net Income $-1,315,180 $-118,790 +10.1%
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
7
Independent Members
7
Employees
31
Volunteers
N/A

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
7
$0
Key Employees
1
$110,434
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Santarvis Brown Board Chair 2.50
Director
$0 $0 $0
Eugenia Cole-Russell Co Chairman 2.50
Director
$0 $0 $0
Elena Breedlove Board Member 2.50
Director
$0 $0 $0
Pastor Jackson Board Member 2.50
Director
$0 $0 $0
Iris Strachan Board Member 2.50
Director
$0 $0 $0
Tangelia Sands Board Member 2.50
Director
$0 $0 $0
Martha Whisby Board Member 2.50
Director
$0 $0 $0
Latousha Daniels President CEO 40.00
Key Emp
$110,434 $0 $110,434
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
2023 $341,089 $1,656,269 $222,932 $-1,315,180
2022 $1,134,309 $1,253,099 $490,454 $-118,790
2021 $1,477,265 $1,216,584 $480,535 $260,681
2020 $1,393,279 $1,594,730 $456,029 $-201,451
2018 $2,129,766 $2,014,538 $322,705 $115,228
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