Marguerite Kiefer Education Center Inc

EIN: 753220288 501(c)(3) Education

Long Beach, CA

Total Revenue
$533,613
Total Expenses
$593,148
Total Assets
$243,638
Net Assets
$206,465
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
Adele Langworthy
Phone
5624370958
Tax Period
2024-01-01 to 2024-12-31

Marguerite Kiefer Education Center Inc, founded in 2006, is a small nonprofit in the Education sector that reported $534K in total revenue in fiscal year 2024. Expenses of $593K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Marguerite Kiefer Education Center's Rising TIDE Education and Development Program for Urban Children & Youth uplifts, develops and empowers young people, rooted in downtown Long Beach, through academic support, cultural enrichment, healthy relationship-building, nutritional support and recreational programming.

Program Service Accomplishments

Program 1
Expenses: $146,737 Revenue: $11,515

Health & Wellness - Children and youth 2.5 - 19 years of age. 1. Both virtually and in-person, we emphasize Health and Wellness by promoting physical activity, teaching skills needed to make healthy...

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Health & Wellness - Children and youth 2.5 - 19 years of age. 1. Both virtually and in-person, we emphasize Health and Wellness by promoting physical activity, teaching skills needed to make healthy choices, and encouraging behavior that fosters wellness to approximately 100 young people weekly. Also, groceries are given to Rising TIDE families in need of food through twice-weekly food distributions, and additionally upon request. 2. 'Fill the Gap' is our official fundraising program to address health and wellness needs beyond structured Rising TIDE programming (for example, to deal with food & tech challenges at home). 3. We strive to weave health and wellness into all the classes we offer, whether in the summer or throughout the year, in creative ways to make the biggest impact in young people's lives. For instance, we addressed mental health while studying Olympians Simone Biles and Michael Phelps. The entire summer program - including reading - incorporated movement and healthy themed snacks.

Program 2
Expenses: $124,012 Revenue: $360

Guided Learning - Children and youth 2.5 - 19 years of age. 1. We offer tutoring to interested children and youth, Mon - Thurs through our 1-on-1 tutoring program. Young people are tutored at least...

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Guided Learning - Children and youth 2.5 - 19 years of age. 1. We offer tutoring to interested children and youth, Mon - Thurs through our 1-on-1 tutoring program. Young people are tutored at least once a week, with some choosing to be tutored four times a week, either in-person or virtually. Homework help, reading assistance, school supplies and tech resources are provided (so no student is left behind). Over 100 students are supported by our efforts each week. 2. Our lending library, with nearly 10,000 titles, is a great resource for young people. 3. Seminar-style classes are offered in-person each summer with a virtual participation option. In 2024, two 1-week reading sessions were held in the morning, Mon - Thurs. Our focus was on the Olympic games. Therefore, our reading opportunities featured inspiring stories about Olympians. New books and necessary supplies were provided so that young people could fully participate. 4. World Awareness classes were also offered in two 1-week morning sessions. These sessions focused on the host cities and countries then and now, as well as what was going on in the world at the time the Olympics were being hosted.

Program 3
Expenses: $93,782

Life Skills - Children and youth 2.5 - 19 years of age. 1. Our Life Skills program reaches over 100 young people each week. Instruction includes how to interact with others, share, manage money...

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Life Skills - Children and youth 2.5 - 19 years of age. 1. Our Life Skills program reaches over 100 young people each week. Instruction includes how to interact with others, share, manage money, manage conflict and prepare tasty and safe food - all with the goal of helping young people apply their learned skills at and beyond Rising TIDE. 2. Classes were offered for two 1-week sessions during the summer. Young people learned how to eat like an athlete (and prepare the food), as well as act like an athlete (learning different sports, good sportsmanship, and how to have healthy movement).

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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 (2024)

Revenue Breakdown

Contributions & Grants $519,654
Program Service Revenue $11,875
Investment Income $5,743
Other Revenue $-3,659
TOTAL REVENUE $533,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $498,009
Fundraising Expenses $15,879
Program Expenses $540,102
Other Expenses $95,139
TOTAL EXPENSES $593,148

Year-over-Year Comparison

2024 2023 Change
Revenue $533,613 $500,355 +0.1%
Expenses $593,148 $561,799 +0.1%
Net Income $-59,535 $-61,444 0.0%
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
9
Independent Members
9
Employees
36
Volunteers
86

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
5
$99,394
Total Directors
10
$99,394
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adele Langworthy Executive Dir. 50.00
Officer Director
$68,243 $27,723 $99,394
R Lea Lindley Treasurer 14.40
Officer Director
$0 $0 $0
Colby Karzen Director 1.00
Director
$0 $0 $0
Jill Brock President 14.00
Officer Director
$0 $0 $0
Sandra Hearn Director 2.40
Director
$0 $0 $0
Nguyen Ta Secretary 0.70
Officer Director
$0 $0 $0
Marilyn Turpin Vice President 1.80
Officer Director
$0 $0 $0
Tracy Luu Director 0.90
Director
$0 $0 $0
Bryn Hobson Director 1.40
Director
$0 $0 $0
Angela Adams Director 1.20
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 $533,613 $593,148 $243,638 $-59,535
2023 $500,355 $561,799 $328,468 $-61,444
2022 $384,202 $421,200 $356,797 $-36,998
2021 $410,643 $270,208 $398,215 $140,435
2020 $395,609 $249,047 $248,563 $146,562
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