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MARC ACADEMY & FAMILY CENTER INC
BRONX, NY · EIN 133966229 · Form 990 · FY2024 · NTEE B99 · Education · Large ($10M-$50M)
revenue
$10.1M
expenses
$9.6M
net assets
$2.9M
employees
79
program ratio
93%
mission · from form 990

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.

profile · synthesized from sources

MARC Academy & Family Center Inc provides early childhood education and care services to children ages 2 months to 4 years in New York City. The organization operates programs for low-income families, including Head Start-eligible children and those with working or student parents, through both direct services and a network of licensed family child care providers. It is contracted with NYC government agencies and funded primarily through public subsidies.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    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.
named programs · 2 · from sources

What they call their work

Early Care and Education Program (School Day and Extended Day Year)
Provides early childhood education to 3- and 4-year-olds in NYC through School Day (6h20m/day) and Extended Day Year (10h/day, year-round) options; available to families residing in NYC meeting age and eligibility criteria, with fees possible for EDY based on social need
Family Child Care Network
Serves as a sponsoring agency for a network of 22 licensed family child care providers offering early care and education to up to 155 children ages 2 months to 3 years; funded by NYC Council Discretionary Fund and contracted through NYC Administration for Children's Services
activities · 1 group

What they do

  • Early Childhood Education & Development Programs 2 activities
    • Early childhood education services for 3- and 4-year-olds
      Provides early care and education services to children aged 3 and 4 through contracts with the NYC Department of Education and subsidies from the NYC Administration for Children's Services, serving between 210 and 278 children annually at multiple locations in New York City.
    • Sponsoring a Family Child Care Network for infants and toddlers
      Acts as a sponsoring agency for a Family Child Care Network, contracting with 22 licensed providers to deliver early care and education services to up to 155 children aged 2 months to 3 years in New York City.
financials · form 990 · fy2024
revenue
Total revenue$10.08M
Contributions & grants$10.03M100%
Program service revenue$43K0%
Investment income$00%
Other revenue$2K
expenses
Total expenses$9.56M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$3.08M
Grants paid out$4.23M
Largest expense lineCompensation
balance sheet
Total assets$9.48M
Cash$635K
Investments$0
Liabilities$6.62M
Net assets$2.85M
Liquid reserves0.8 mo
6 years on record · 2019–2024 · YoY revenue +10.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
NADINE SPENCER EXECUTIVE DIRECTOR 40 $140K
board members · 6
  • GREGORY DOWNES — CHAIRMAN
  • MR LLOYD DAWKINS — MEMBER
  • MR TAIWO BOLARINWA — MEMBER
  • MR WILLIAM MCLEAN — TREASURER
  • MS VIOLET DAWKINS — MEMBER
  • SHARON HIGGINS — SECRETARY
relationships · 3

Who they work with

  • New York City Administration for Children's Services Government — Government agency subsidizing childcare services for eligible families and contracting MARC Academy as a Family Child Care Network sponsor
  • New York City Council Funder — Funds the Family Child Care Network program through discretionary funding
  • New York City Department of Education Partner — Contracted partner providing funding and oversight for early care and education programs
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.