Overview

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Est.

1997

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MARC Academy & Family Center Inc is a nonprofit organization dedicated to child care and education, focusing on helping children overcome obstacles and achieve their full potential through empowering programs for both them and their families. With an operating budget of $9.4 million and total revenue of $9.1 million for the 2024 filing year, the organization is supported by notable funders, including the ROBIN HOOD FOUNDATION and HENRY NIAS FOUNDATION INC. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.marcoafc.org.

Mission Statement

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.
Revenues
$9.1M
Expenses
$9.4M
Net Income:
-$330.9K
Assets
$8.5M
Liabilities
$6.6M
Net Assets:
+$1.9M
Operating Budget
$9.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$1.1M
Largest grant received
$1.1M
N
Nadine Spencer
Board Member
G
Gregory Downes
Board Member
T
Tai Bolarinwa
Board Member

Frequently Asked Questions

What is MARC ACADEMY & FAMILY CENTER INC’s budget?
In 2024, MARC ACADEMY & FAMILY CENTER INC reported an annual operating budget of around $9.4 million. More detailed financial information is available to registered users.
What causes does MARC ACADEMY & FAMILY CENTER INC support?
MARC ACADEMY & FAMILY CENTER INC supports work in Child care and Education.
Where does MARC ACADEMY & FAMILY CENTER INC operate?
MARC ACADEMY & FAMILY CENTER INC is headquartered in Bronx, NY.
Who funded MARC ACADEMY & FAMILY CENTER INC recently?
In 2024, MARC ACADEMY & FAMILY CENTER INC received grants from ROBIN HOOD FOUNDATION, HENRY NIAS FOUNDATION INC, and HENRY NIAS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MARC ACADEMY & FAMILY CENTER INC received in 2024?
The largest grant to MARC ACADEMY & FAMILY CENTER INC in 2024 exceeds $1.1 million.
What is MARC ACADEMY & FAMILY CENTER INC’s reliance on government grants?
MARC ACADEMY & FAMILY CENTER INC relied on government grants for more than 95% of their total revenue in 2024.