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New York BBB Wise Giving Report for
Riverdale Neighborhood House

A BBB Accredited charity

 



Expiration Date:
06/2016
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:
" Riverdale Neighborhood House (RNH), a settlement house in the northwest Bronx, provides human services, pioneering programs and a broad spectrum of educational and community resources to children, teens, seniors and families from all socioeconomic backgrounds. Responsive to the ever-changing needs of a multicultural population, RNH serves as a center for community outreach and addresses the needs of individuals and families at every stage of life. "





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, such as parent-child activities, an outdoor pool facility, and a Community Supported Agriculture (CSA) program. In addition, the organization operates a telephone reassurance program to assist homebound older adults, and an all volunteer run Thrift Shop whose profits go towards supporting Riverdale Neighborhood House programs.



Governance
 

              
Chief Executive Officer:
Mr. Daniel Eudene, Executive Director
Compensation*:
$117,500
Chair of the Board:
Ms. Josephine Perrella
Chair's Profession / Business Affiliation:
Phipps NYC
Board Size:
24
Paid Staff Size:
50



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 17.7% of related contributions. (Related contributions, which totaled $807,172, 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 Inc's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Program Fees

$1,025,260

Government Grants

494,361

Net assets released from restrictions

304,025

Contributions

155,697

Unrealized Gain on Investments

103,403

Nongovernment Grants

102,150

Special Events, Net

54,964

Membership and Registration fees

22,595

Miscellaneous

21,368

Dividends and Interest

18,215

Thrift Shop Sales

10,702

Realized Gain on Investments

9,801

Total Income

$2,322,541

Program Expenses  

Early Childhood

$756,496

School Age

358,661

Youth Program

356,800

Pool Program

213,293

Senior Program

40,727

Thrift Shop

9,658
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

1,735,635
143,037
167,845

$2,046,517

$276,024




Uses of Funds as a % of Total Expenses


Programs: 85%  Fund Raising: 7%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $2,234,845
81,839
Ending net assets 2,592,708
Total liabilities 940,405

Total assets

$3,533,113






 

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.