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New York BBB Wise Giving Report for
Riverdale Neighborhood House

 


  • Report in progress

Expiration Date:
06/2014
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:
Daniel Eudene, Executive Director
Compensation*:
$117,500
Chair of the Board:
Sarah Gund
Chair's Profession / Business Affiliation:
Self-employed - Education
Board Size:
27
Paid Staff Size:
36



*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 14.5% of related contributions. (Related contributions, which totaled $855,591, 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, 2011.

Source of Funds  

Program Fees

$946,065

Government Grants

614,955

net assets released from restrictions

207,341

Unrealized gain on investments

123,305

Contributions

96,757

Non government Grants

90,970

Special Events

52,909

Dividends and Interest

20,311

Miscellaneous

19,359

Membership Fees

16,710

Realized gain on sale of investments

16,258

Thrift Shop Sales

11,729

Total Income

$2,216,669

Program Expenses  

Early Childhood

$750,224

Youth Program

358,262

School Age

348,286

Pool Program

194,589

Family Center

77,653

Senior Program

49,025

Thrift Shop

10,030
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

1,788,069
123,797
134,395

$2,046,261

$170,408




Uses of Funds as a % of Total Expenses


Programs: 87%  Fund Raising: 6%  Administrative 7% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $2,018,360
Ending net assets 2,038,595
Total liabilities 481,661

Total assets

$2,520,256






 

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.