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New York BBB Wise Giving Report for
Riverdale Neighborhood House

A BBB Accredited charity

 


Expiration Date:
04/2010
Name:
Riverdale Neighborhood House
Address:
5521 Mosholu Avenue
Bronx, NY 10471
Phone:
718-549-8100
Year, State Incorporated:
1921, New York
Affiliates:
None
Stated Purpose:
" Provides educational programs, human services, and community services to children, teens, and seniors in the Northwest Bronx. "





Evaluation Conclusions
 

               
Riverdale Neighborhood House meets the 20 Standards for Charity Accountability.




Programs
 

               
Riverdale Neighborhood House's programs center around educational opportunities for students and adults. After school and early childhood programs are a large organizational focus, but family programs are also offered as well, such as drop-in childcare, an outdoor pool facility, and a Community Supported Agriculture (CSA) program. In addition, the organization operates an all volunteer run Thrift Store, whose profits go towards supporting Riverdale Neighborhood House programs.



Governance
 

               
Chief Executive Officer:
Daniel Eudene, Executive Director
Compensation*:
$118,011
Chair of the Board:
Alison Pavia
Board Size:
28
Paid Staff Size:
51



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

               
Method(s) Used:

direct mail appeals, invitations to fund raising events, grant proposals
Fund raising costs were 35.4% of related contributions. (Related contributions, which totaled $268,375, are donations received as a result of fund raising activities.)




Tax Status
 

               
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

               
The following information is based on Riverdale Neighborhood House's Audited Financial Statements for the fiscal year ended June 30, 2007.

Source of Funds
 

Program Fees

 $894,819

Government Grants

 595,736

Nongovernment Grants

 113,950

Net Assets Released from restrictions - satisfaction of donor restrictions

 78,557

Contributions

 76,355

Special Events

 56,890

Interest and Dividends

 46,421

Unrealized gain (loss) on investments

 22,721

Membership Fees

 21,180

Thrift Shop Sales

 17,491

Miscellaneous

 12,091

Total Income

$1,936,211

Expenses
 
Program Expenses 

Early Childhood

$771,728

School Age

373,575

Youth Program

277,086

Pool Program

174,254

Family Center

94,559

Senior Program

46,787
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses
Total expenses

Expenses in Excess of Income

 1,737,989
95,130
158,130
14,214
$2,005,463

$(69,252)



Uses of Funds as a % of Total Expenses


Programs: 87%  Fund Raising: 5%  Administrative 8%  Other Expenses: 1%
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,558,094
Ending net assets 1,603,392
Total liabilities 532,232
Total assets
$2,135,624






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.

 
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