2022-04-25T15:56:51-05:00 2021-06-30 BDO USA LLP 225 NE MIZNER BLVD SUITE 685 BOCA RATON FL 33432 990 2020-07-01 651048896 Overtown Youth Center Inc % TINA BROWN OVER 3053491204 450 NW 14 STREET MIAMI FL 33136 TINA BROWN EXECUTIVE DIRECTOR 3053491204 2022-04-18 true TINA BROWN 999009999 Lindsey Pigg P01268923 5619092100 3 2020 2022-09-23 18:48:47Z TINA BROWN 450 NW 14 STREET MIAMI FL 33136 6504747 false X WWW.OVERTOWNYOUTH.ORG X 2001 FL THE MISSION OF OVERTOWN YOUTH CENTER IS TO INSPIRE AND EMPOWER YOUTH AND FAMILIES BY FOSTERING HOPE THROUGH ENRICHMENT SERVICES. 31 31 256 320 0 0 11730217 5971447 0 0 215319 533300 0 -42161 11945536 6462586 33400 50260 0 0 2318066 2369887 0 0 155300 2826116 1271939 5177582 3692086 6767954 2770500 11957825 20047097 720459 2856629 11237366 17190468 THE MISSION OF THE OVERTOWN YOUTH CENTER IS TO INSPIRE AND EMPOWER YOUTH AND FAMILIES BY FOSTERING HOPE THROUGH ENRICHMENT SERVICES. false false 3153226 0 0 OVERTOWN YOUTH CENTER IS AN INNER-CITY YOUTH CENTER LOCATED IN MIAMI, FLORIDA ESTABLISHED FOR THE PURPOSE OF HELPING TO IMPROVE THE LIVES OF AT-RISK YOUTH IN SOUTH FLORIDA AND TO GIVE FAMILIES A PLACE THAT INSTILLS A SENSE OF PRIDE THROUGH EDUCATION PROGRAMS, ORGANIZED ATHLETICS, EMPLOYMENT ENHANCEMENT SKILLS AND CULTURAL AWARENESS. 3153226 true true false false false false false false false true true true false true false true false true false false false false false false true false false false true true false false false false false false false false true false false false false true false false false true 15 0 true 256 true false false false false false true true false false false false false false X 31 31 false false false false false false false true true false false true true true true false true true false false FL X TINA BROWN 3053491204 450 NW 14TH ST MIAMI FL 33136 TINA BROWN EXECUTIVE DIRECTOR 40.0 2.0 X 157609 0 0 STEPHEN A MARINO JR CHAIRMAN 1.0 2.0 X X 0 0 0 SHEVRIN JONES DIRECTOR 1.0 2.0 X 0 0 0 CANDY M SICLE DIRECTOR 1.0 2.0 X 0 0 0 ANDRES ASION SECRETARY 1.0 2.0 X X 0 0 0 MICHELLE FEBRES VICE CHAIR 1.0 2.0 X X 0 0 0 SABRINA GALLO DIRECTOR 1.0 2.0 X 0 0 0 ALLEN FURST DIRECTOR 1.0 2.0 X 0 0 0 SHAWN ALEXANDER TREASURER 1.0 2.0 X 0 0 0 JASON STERNBERG DIRECTOR 1.0 2.0 X 0 0 0 NATASHA HAMPTON DIRECTOR 1.0 2.0 X 0 0 0 STEPHEN BOUCHER DIRECTOR 1.0 2.0 X 0 0 0 LINDA COLL DIRECTOR 1.0 2.0 X 0 0 0 RON BOOK DIRECTOR 1.0 2.0 X 0 0 0 SALO GROSFELD DIRECTOR 1.0 2.0 X 0 0 0 MICHAEL FUX DIRECTOR 1.0 2.0 X 0 0 0 JEFFREY FRATARCANGELI MANAGING DIRECTOR 1.0 2.0 X 0 0 0 MICHAEL ROSE DIRECTOR 1.0 2.0 X 0 0 0 ALBERT E DOTSON DIRECTOR 1.0 2.0 X 0 0 0 JACKIE MANSFIELD DIRECTOR 1.0 2.0 X 0 0 0 ELISE SCHECK BONWITT DIRECTOR 1.0 2.0 X 0 0 0 ASHLEY PERKINS DIRECTOR 1.0 2.0 X 0 0 0 MATTHEW ROTH DIRECTOR 1.0 2.0 X 0 0 0 PAUL A SHELOWITZ DIRECTOR 1.0 2.0 X 0 0 0 RUSSELL H BROOKE DIRECTOR 1.0 2.0 X 0 0 0 GREGORY DEUTCH DIRECTOR 1.0 2.0 X 0 0 0 MAGDA J CASTINEYRA DIRECTOR 1.0 2.0 X 0 0 0 JODI A SILVA DIRECTOR 1.0 2.0 X 0 0 0 ERIC JAMES VAINDER DIRECTOR 1.0 2.0 X 0 0 0 ROD ADKINS DIRECTOR (BEG 12/20) 1.0 2.0 X 0 0 0 JACQUELYNN POWERS DIRECTOR 1.0 2.0 X 0 0 0 DR JAYNE A KLEIN DIRECTOR 1.0 2.0 X 0 0 0 JERRY POWERS DIRECTOR (END 7/20) 1.0 2.0 X 0 0 0 157609 0 0 1 false true false United Healthcare UHS Premium Billing PO Box 94017 PALATINE IL 600944017 INSURANCE PROVIDER 156057 Kathryn Johnson 14394 Commerce Way MIAMI LAKES FL 33014 Catering for Student 113670 2 36351 360000 5575096 334512 5971447 0 62316 62316 0 0 0 0 0 470984 470984 470984 470984 0 36351 42161 -42161 -42161 0 0 0 0 0 0 0 6462586 491139 0 50260 50260 0 0 0 0 0 2369887 1940133 293165 136589 0 0 0 0 0 50200 40200 10000 0 0 0 0 24898 9959 14939 117003 99226 17777 40541 32724 7426 391 0 58955 51992 5222 1741 32121 24724 7397 0 0 0 0 20280 20280 78710 60896 17814 IN KIND GOODS 334512 334512 STUDENT SERVICES 325784 325784 TELEPHONE 30061 21094 8967 EQUIPMENT RENTAL 20012 20012 138862 121430 15792 1640 3692086 3153226 383560 155300 1173792 2384305 440985 660991 4272724 0 371077 351475 0 0 0 0 0 0 9532 0 26161 0 271589 159415 786229 112174 0 0 3507717 3979410 0 0 0 0 1369608 12558742 11957825 20047097 360459 356629 0 0 0 0 0 0 0 0 0 0 360000 2500000 0 0 0 0 720459 2856629 X 4124720 5265996 7112646 11924472 11237366 17190468 11957825 20047097 X 2770500 3182602 X X false true X true false X 3835142 4310292 4362601 11730217 5971447 30209699 0 0 3835142 4310292 4362601 11730217 5971447 30209699 5958903 24250796 20605 45807 137324 215319 62316 481371 0 0 30691070 0.79016 0.91710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1038400 123242 1161642 980453 57947 1038400 919051 61402 980453 880946 38105 919051 801503 79443 880946 0.57680 0.42320 false false 210145 159415 50730 61444 0 61444 112174 INVESTMENTS 3979410 F 3979410 NMTC NOTES RECEIVABLES 12532900 OTHER CURRENT ASSETS 25842 12558742 0 0 X PART V, LINE 4: ENDOWMENT FUNDS ARE TO HELP OYC IN PERPETUITY TO CARRY OUT THE ORGANIZATION'S MISSION. PART X, LINE 2: OVERTOWN YOUTH CENTER, INC. ("OYC") IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AS CHARITABLE ORGANIZATIONS WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX AND UNDER SIMILAR PROVISIONS OF THE FLORIDA STATUTES. THE ORGANIZATIONS CURRENTLY HAVE NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED AS OF JUNE 30, 2021 AND 2020. THE OYC RECOGNIZE AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. NO UNCERTAIN TAX POSITIONS WERE IDENTIFIED BY THE ORGANIZATIONS AS OF JUNE 30, 2021 AND 2020. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE ORGANIZATIONS FILE INCOME TAX RETURNS. OVERTOWN IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2018. ALL YEARS SINCE INCEPTION ARE OPEN FOR EXAMINATION BY U.S. FEDERAL TAX AUTHORITIES FOR HOLDINGS. EVENT 36351 36351 42161 0 36351 36351 42161 42161 -42161 true SCHOLARSHIPS AWARDED TO STUDENTS FOR HIGHER EDU. 22 50260 CASH AMOUNT PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS TO PAY FOR DIRECT COSTS RELATED TO HIGHER EDUCATION. false false false false false false false false false TINA BROWN EXECUTIVE DIRECTOR 154109 0 3500 0 0 0 0 0 0 0 157609 0 0 0 X PROGRAM SUPPLIES 33 334512 FMV false false false FORM 990, PART VI, SECTION B, LINE 11B: A DRAFT OF THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND PROVIDED TO THE GOVERNING BODY, WHOM THEN REVIEWS IT FOR ACCURACY BASED ON THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C: EACH BOARD MEMBER IS ASKED ANNUALLY AT BOARD MEETINGS IF THEY HAVE AN INTEREST THAT COULD GIVE RISE TO A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A: EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18: THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AN INTERESTED PERSON MAY CONTACT THE OFFICE VIA PHONE OR SEND A LETTER REQUESTING SUCH INFORMATION. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: PPA.................................... $(6,394,357). CONTRIBUTIONS FROM RELATED............. $ 9,576,959. ------------- TOTAL $ 3,182,602 --------------- FORM 990, PART XII, LINE 2C: ON NOVEMBER 30, 2019, OVERTOWN ACQUIRED MFF AND HS WHEN THE BOARD OF DIRECTORS FOR THE THREE ORGANIZATIONS MERGED IN AN EFFORT TO OPERATE MORE EFFICIENTLY, LEVERAGE PROGRAMMATIC RESOURCES AND CREATE MORE CONSISTENCY ACROSS THE ORGANIZATIONS. PRIOR TO THIS, THE ORGANIZATIONS HAD SEPARATE BOARDS AND MANAGEMENT. OVERTOWN HAS MAJORITY CONTROL IN THE NEW COLLABORATIVE BOARD. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("U.S. GAAP") REQUIRE THE CONSOLIDATION OF ENTITIES UNDER COMMON CONTROL, WITH THE ENTITY WITH MAJORITY CONTROL AS THE REPORTING ENTITY. OVERTOWN DID NOT PAY ANY CONSIDERATION IN THIS TRANSACTION. INSTEAD, IT RECEIVED ALL THE ASSETS AND LIABILITIES OF MFF AND HS AS OF THE ACQUISITION DATE, RESULTING IN AN INHERENT CONTRIBUTION OF $X,XXX,XXX REPORTED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES. MFF AND HS CONTINUE TO BE STAND-ALONE, NON-PROFIT ORGANIZATIONS AS OF JUNE 30, 2021. THE ENTITIES SHARE KEY FUNCTIONAL AREAS SUCH AS EXECUTIVE MANAGEMENT, HUMAN RESOURCES AND FINANCE. MOURNING FAMILY FOUNDATION INC 100 S BISCAYNE BLVD 3RD FLR MIAMI FL 33131 651078983 YOUTH SRVCS FL 501(C)(3) LINE 7 OYC true HONEY SHINE INC 100 S BISCAYNE BLVD 3RD FLR MIAMI FL 33131 273545698 YOUTH SRVCS FL 501(C)(3) LINE 7 OYC true OYC PROPERTY HOLDINGS INC 450 NW 14TH ST MIAMI FL 33136 840480122 SUPP ORG FL 501(C)(3) LINE 12 OYC true false false true true false false false false false false false false false false false false false false false MOURNING FAMILY FOUNDATION INC C 1000000 FMV MOURNING FAMILY FOUNDATION C 579449 FMV