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New York BBB Wise Giving Report for
The Doe Fund

A BBB Accredited charity

 


Expiration Date:
03/2010
Name:
The Doe Fund
Address:
232 East 84th Street
New York, NY 10028
Phone:
212-628-5207
Web Site:
www.doe.org
Year, State Incorporated:
1987, New York
Affiliates:
None
Stated Purpose:
" Develops and implements cost-effective, holistic programs that meet the needs of a diverse population working to break the cycles of homelessness, addiction, and criminal recidivism. "





Evaluation Conclusions
 

               
The Doe Fund meets the 20 Standards for Charity Accountability.




Programs
 

               
The Doe Fund works to develop and apply programs that enable formerly homeless men and women to become self-sufficient and live on their own. “Ready, Willing & Able,” The Doe Fund’s flagship residential, work training program, offers homeless individuals a variety of employment opportunities, allowing them to build job skills, earn a sustaining income, handle a personal bank account and manage savings. The four phases of the program – Orientation, Work Assignments, Job Placement, and After Care – prepare the trainees to meet job market challenges and the demands of independent living. Recruitment for “Ready, Willing & Able” is done through community outreach, referrals from the New York City Department of Homeless Services and other service providers. The Doe Fund also operates six residential facilities located in Bedford-Stuyvesant, Harlem, East Williamsburg, Jersey City, NJ, and Philadelphia, PA.



Governance
 

               
Chief Executive Officer:
George T. Donald, Founder and President
Chair of the Board:
Peter Resnick
Board Size:
12
Paid Staff Size:
416







Fund Raising
 

               
Method(s) Used:

direct mail appeals, invitations to fund raising events, grant proposals, internet
Fund raising costs were 11.1% of related contributions. (Related contributions, which totaled $16,143,809, 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 The Doe Fund's Audited Financial Statements - Combined for the fiscal year ended June 30, 2007.

Source of Funds
 

Contracts

 $17,350,336

Government Grants

 7,443,328

Donations

 5,943,717

Other Earned Revenue

 3,867,386

Corporate and Foundation Grants

 2,374,393

Room and Board

 1,974,061

Special Events

 1,458,628

Interest and Investment Income

 625,931

Development and Management Fees

 358,453

In-Kind Revenue

 164,485

Net Assets Released from Restriction

 141,118

Realized and Unrealized Gains on Investments

 49,051

Depreciation and Amortization

 (1,240,742)

Total Income

$40,510,145

Expenses
 
Program Expenses 

Residential and Social Services

$20,665,213

Work and Training

18,965,663
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Total expenses

Expenses in Excess of Income

 39,630,876
1,789,258
6,605,367
$48,025,501

$(7,515,356)



Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 4%  Administrative 14% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $17,139,891
Ending net assets 11,811,753
Total liabilities 30,728,475
Total assets
$42,540,228






 

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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