Nonprofit · EIN 13-3966229
MARC ACADEMY & FAMILY CENTER INC
Tax-exempt · BRONX, NY 10453
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,075,031 | $9,555,071 | $519,960 | $9,475,831 | $6,622,483 | $2,853,348 |
| June 30, 2024 | 990 (amended) | $9,090,542 | $9,421,412 | -$330,870 | $8,513,285 | $6,617,188 | $1,896,097 |
| June 30, 2023 | 990 (amended) | $8,840,588 | $8,539,554 | $301,034 | $9,414,777 | $7,069,129 | $2,345,648 |
| June 30, 2022 | 990 (amended) | $7,108,499 | $6,873,551 | $234,948 | $5,901,370 | $3,856,755 | $2,044,615 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,029,302
- of which government grants
- $8,877,878
- Program service revenue
- $43,265
- Investment income
- $0
- Other revenue
- $2,464
Expenses
- Grants and similar amounts paid
- $4,232,423
- Compensation of officers, directors and key employees
- $146,966
- Other salaries and wages
- $2,362,128
- Salaries, compensation and benefits (total)
- $3,082,746
- Professional fundraising fees
- $0
- Accounting fees
- $160,701
- Occupancy
- $435,341
- Travel
- $11,323
- Depreciation
- $35,530
- Program services (functional)
- $8,841,499
- Management and general (functional)
- $713,572
Balance sheet and other
- Total assets, start of year
- $8,513,285
- Total assets, end of year
- $9,475,831
- Total liabilities, end of year
- $6,622,483
- Net assets, end of year
- $2,853,348
- Land, buildings and equipment
- $83,397
- Net assets without donor restrictions
- $2,229,273
- Net assets with donor restrictions
- $624,075
- Gross receipts
- $10,075,031
- Employees
- 79
- Volunteers
- 0
- Year formed
- 1997
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADINE SPENCER | EXECUTIVE DIRECTOR Officer | 40 | $139,993 |
| GREGORY DOWNES | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| MR WILLIAM MCLEAN | TREASURER Trustee or director, Officer | 4 | $0 |
| SHARON HIGGINS | SECRETARY Trustee or director | 2 | $0 |
| MR TAIWO BOLARINWA | MEMBER Trustee or director | 2 | $0 |
| MR LLOYD DAWKINS | MEMBER Trustee or director | 2 | $0 |
| MS VIOLET DAWKINS | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADINE SPENCER | EXECUTIVE DIRECTOR Officer, Key employee, Highest-paid employee | 40 | $130,000 |
| TAI BOLARINWA | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| GREGORY DOWNES | TREASURER Trustee or director, Officer | 4 | $0 |
| LLOYD DAWKINS | MEMBER Trustee or director | 2 | $0 |
| VIOLET DAWKINS | MEMBER Trustee or director | 2 | $0 |
| WILLIAM MCLEAN | MEMBER Trustee or director | 2 | $0 |
| JULAINE BEDMINSTER | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADINE SPENCER | EXECUTIVE DIRECTOR Officer, Key employee, Highest-paid employee | 40 | $128,724 |
| TAI BOLARINWA | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| GREGORY DOWNES | TREASURER Trustee or director, Officer | 4 | $0 |
| LLOYD DAWKINS | MEMBER Trustee or director | 2 | $0 |
| VIOLET DAWKINS | MEMBER Trustee or director | 2 | $0 |
| WILLIAM MCLEAN | MEMBER Trustee or director | 2 | $0 |
| JULAINE BEDMINSTER | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NADINE SPENCER | EXECUTIVE DIRECTOR Officer, Key employee, Highest-paid employee | 40 | $123,305 |
| TAI BOLARINWA | CHAIRMAN (Jan-May 2021) Trustee or director, Officer | 4 | $0 |
| GREGORY DOWNES | CHAIRMAN (June 21 - Current) Trustee or director, Officer | 4 | $0 |
| LLOYD DAWKINS | MEMBER Trustee or director | 2 | $0 |
| VIOLET DAWKINS | MEMBER Trustee or director | 2 | $0 |
| WILLIAM MCLEAN | TRESURER Trustee or director | 2 | $0 |
| SHARON HIGGINS | SECRETARY (June 2021- Current) Trustee or director, Officer | 2 | $0 |
| DR ISAAC ELEGBE | SECRETARY (January 2021- May 2021) Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 55 E 175TH ST, BRONX, NY 10453-7946
- In care of
- % ASCTFS
- Principal officer (990 for 2024)
- NADINE SPENCER, 55 E 175TH STREET, BRONX, NY 10453
- Signed the 990
- NADINE SPENCER, EXECUTIVE DIRECTOR
- Phone
- (718) 562-3410
- Website
- WWW.MARCAFC.ORG
- Return prepared by
- SAX ADVISORS LLC
Mission
MARC ACADEMY AND FAMILY CENTER HELPS CHILDREN OVERCOME OBSTACLES AND ACHIEVE THEIR FULL POTENTIAL, THROUGH PROGRAMS THAT NURTURE, EMPOWER ANDINVEST IN BOTH THEM AND THEIR FAMILIES FOR A LIFETIME OF LEARNING AND SUCCESS.
Program accomplishments
- 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 BY THE NYC DOE TO PROVIDE EARLY CARE AND EDUCATION TO 434 CHILDREN FROM 2 MONTHS OF AGE TO 3 YEARS OF AGE. PRESENTLY,MARC ACADEMYS FAMILY CHILD CARE NETWORK HAS CONTRACTED WITH 44 DULY LICENSED FCC PROVIDERS TO PROVIDE SERVICES TO FAMILIES AND CHILDREN. CHILDREN ENROLLED IN THEFCC NETWORK RECEIVE UP TO 10 HOURS OF CARE DAILY, FIVE DAYS A WEEK, 12 MONTHS A YEAR.Expenses $8,841,499 · grants $4,232,423 · revenue $43,265
- MARC ACADEMY & FAMILY INC, IS CONTRACTED WITH THE NYC DOE TO PROVIDE EARLY CARE AND EDUCATION SERVICES TO 273 CHILDREN 3 AND 4 YEARS OF AGE. PARENTS MAY CHOOSE EITHER THE SCHOOL DAY (SDY) OR THE EXTENDED DAY YEAR (EDY). ENROLLMENT IN THE EDY PROGRAM REQUIRES A SOCIAL REASON, SUCH AS PARENTS WORKING, ATTENDING SCHOOL, PARTICIPATING IN VOCATIONAL TRAINING, OR SEEKING EMPLOYMENT. FOR THIS PROGRAM THE FAMILY MAY BE REQUIRED TO PAY A WEEKLY FEE. THE EDY PROGRAM OFFERS 10 HOURS OF SERVICES PER DAY, FIVE DAYS A WEEK, THROUGHOUT THE YEAR. THE SDY PROGRAM PROVIDES SERVICES FOR 6 HOURS AND 20 MINUTES. TO QUALIFY FOR EITHER PROGRAM, FAMILIES MUST RESIDE IN NYC AND MEET THE AGE REQUIREMENT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3966229
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $9,475,831
- Income (IRS master file)
- $10,075,031
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,075,031 | $9,555,071 | $9,475,831 | IRS |
| 990 | June 2024 | $9,090,542 | $9,421,412 | $8,513,285 | IRS |
| 990 | June 2023 | $8,840,588 | $8,539,554 | $9,414,777 | XML |
| 990 | June 2022 | $7,108,499 | $6,873,551 | $5,901,370 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3966229).
Questions about MARC ACADEMY & FAMILY CENTER INC
- What is the EIN of MARC ACADEMY & FAMILY CENTER INC?
- The employer identification number (EIN) of MARC ACADEMY & FAMILY CENTER INC is 13-3966229.
- Is MARC ACADEMY & FAMILY CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to MARC ACADEMY & FAMILY CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARC ACADEMY & FAMILY CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARC ACADEMY & FAMILY CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARC ACADEMY & FAMILY CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARC ACADEMY & FAMILY CENTER INC?
- The 990 for the year ended June 30, 2025 names NADINE SPENCER.
- Who are the officers and directors of MARC ACADEMY & FAMILY CENTER INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $139,993 (NADINE SPENCER, EXECUTIVE DIRECTOR).
- How much revenue does MARC ACADEMY & FAMILY CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,075,031, expenses of $9,555,071 and total assets of $9,475,831 at year end.
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