2024-03-19T10:24:17-07:00 2022-06-30 223373463 Kayode Agunbiade & Co CPA's 134 Evergreen Place East Orange NJ 07018 990 2021-07-01 133966229 MARC ACADEMY & FAMILY CENTER INC MARC 7185623410 55 E 175th STREET BRONX NY 10453 NADINE SPENCER EXECUTIVE DIRECTOR 7185623410 2022-05-11 true NADINE SPENCER KAYODE AGUNBIADE P00042210 9736769851 2023-10-05 3 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z X NADINE SPENCER 55 E 175TH ST BRONX NY 10453 7108499 false X WWW.MARCAFC.ORG X 1997 NY 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. 8 8 47 35 0 0 5967741 7028086 1727 75508 54 12912 4851 5982380 7108499 0 0 2538446 3178941 0 0 3435057 3694610 5973503 6873551 8877 234948 2468427 5901370 658760 3856755 1809667 2044615 X MARC Academy and Family Center helps children overcome obstacles and achieve their full potential, through programs that nurture, empower and invest in them and their families for a lifetime of learning and success. false false 2982366 0 2982366 MARC Academy and Family Center serves as a sponsoring agency to a Family Child Care Network. As a Family Child Care Network MARC Academy and Family Center is contracted with DOE to offer services to provide early care and education to 434 children from 2 months of age to 3 years of age. Presently, MARC Academy's Family Child Care Network has contracted with 37 duly licensed FCC providers to provide services to families and children. Children enrolled in the FCC Network receive up to 10 hours of care daily, five days a week, 12 months a year. 2723504 0 2723504 MARC ACADEMY PROVIDES EARLY CHILDHOOD EDUCATION SERVICES TO 278 CHILDREN: 93 @ 55 E 175TH ST AND 185 @ WEBSTER AVE. CHILDRENS SERVED ARE 3 AND 4 YEARS OF AGE. THE NYC BOARD OF EDUCATION NYC BOE) SUBSIDIZES PARTICIPATION OF THOSE CHILDREN WHO HAVE QUALIFIED AS DUAL-ELIGIBLE, OR CHILD CARE. CHILDREN ENROLLED IN THE PROGRAM RECEIVE 10 HOURS OF SERVICES, FIVE DAYS A WEEK, TWELVE MONTHS A YEAR. 632927 632927 0 0 154384 0 154384 CENTER BASED CACFP FOOD PROGRAM ; UPK ENHANCEMENT PROGRAM AND FAMILY CHILD CARE NETWORK (FCCN) CACFP FOOD PROGRAM 154384 0 154384 6493181 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 47 true false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false THE ORGANIZATION 7185623410 55 E 175TH STREET 1ST flr BRONX NY 10453 TAI BOLARINWA CHAIRMAN (Jan-May 2021) 4.00 X X 0 0 0 GREGORY DOWNES CHAIRMAN (June 21 - Current) 4.00 X X 0 0 0 LLOYD DAWKINS MEMBER 2.00 X 0 0 0 VIOLET DAWKINS MEMBER 2.00 X 0 0 0 WILLIAM MCLEAN TRESURER 2.00 X 0 0 0 SHARON HIGGINS SECRETARY (June 2021- Current) 2.00 X X 0 0 0 NADINE SPENCER EXECUTIVE DIRECTOR 40.00 X X X 123305 0 0 DR ISAAC ELEGBE SECRETARY (January 2021- May 2021) 2.00 X 0 0 0 123305 0 0 1 false false false 7028086 7028086 PARENT FEES 611600 75508 0 0 75508 54 0 0 OTHER INCOME 611600 3787 3787 0 0 CONTRIBUTION-CORPORATION 411000 1064 1064 0 0 4851 7108499 80413 0 0 409271 0 409271 0 2271867 2271867 0 0 497803 421814 75989 0 22500 22500 0 0 401438 341222 60216 0 36000 30505 5495 0 PROGRAM EXPENSE 158722 158190 532 0 PROVIDER'S STIPEND 2156100 2156100 0 0 PROVIDER'S FOOD STIPEND 347048 347048 0 0 572802 476659 96143 0 6873551 6225905 647646 0 486396 910001 203235 250309 1536281 4484788 74515 64994 1223444 1058804 168000 164640 26638 2468427 5901370 365593 524396 293167 3332359 658760 3856755 X 1809667 2044615 1809667 2044615 2468427 5901370 234948 X false true X true true true X 0 3911223 5522856 6409678 6427799 7030286 29301842 0 0 3911223 5522856 6409678 6427799 7030286 29301842 0 29301842 2632 787 2075 12912 4851 23257 0 401710 401710 29726809 0.98570 0.91670 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2017: 401710. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1223444 1058804 164640 164640 7030286 7030286 7030286 7038562 7038562 7038562 Pt VI, Line 11b THE ORGANIZATIONS FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE 990 PRIOR TO MEETING OF THE FULL BOARD MEMBER. THE FINANCE COMMITTEE ENTERTAINS AND RESPONDS TO ANY QUESTION ON THE 990 AND MAKES RECOMMENDATIONS TO THE FULL BOARD MEMBER TO FILE THE 990 AS PRESENTED OR WITH MODIFICATIONS. Pt VI, Line 15a BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S SALARY AND MAKES COMPARISON TO SIMILAR SIZE NOT-FOR-PROFIT ORGANIZATIONS WITHIN THE SAME INDUSTRY. Pt VI, Line 12c BOARD MEMBERS ARE REQUIRED TO DISCLOSE AND COMPLETE ANNUALLY A FORM DISCLOSING ANY CONFLICT OF INTEREST. THIS IS USUALLY DONE AT THE FIRST MEETING OF THE YEAR WHEN THE 990 IS BEING DISCUSSED AND APPROVED BY ALL BOARD MEMBERS. Pt VI, Line 15b THE ORGANIZATIONS 990 AND FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE IN THE AG'S OFFICE WEBSITE AND ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND CHARITY REGISTRATION FORM IS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part III, Line 4d CENTER BASED 154384. 0. 154384.