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New York BBB Wise Giving Report for
Stanley M. Isaacs Neighborhood Center

A BBB Accredited charity

 



Expiration Date:
10/2015
Name:
Stanley M. Isaacs Neighborhood Center
Address:
415 East 93rd Street
New York, NY 10128
Phone:
212-360-7620
Year, State Incorporated:
1964, New York
Affiliates:
None
Stated Purpose:
" Reaches across generations and cultures with innovative programming that encourages growth and self-reliance throughout every stage of life; provides educational and cultural opportunities and promotes social and physical well-being while responding to the changing needs of the community. "





Evaluation Conclusions
 

              
Stanley M. Isaacs Neighborhood Center meets the 20 Standards for Charity Accountability.




Programs
 

              
Stanley M. Isaacs Neighborhood Center bridges the neighborhoods of Yorkville and East Harlem by providing educational and cultural opportunities for members of the communities. Services include Meals on Wheels, adult day services, a senior center, after school and evening programs for children and teens, youth employment services, adult education classes, community, cultural and educational events and workshops, and parent education. Many program innovations have served as a model for others in the fields of older adult services, adult education and youth services.



Governance
 

              
Chief Executive Officer:
Mr. Gregory J. Morris, Executive Director
Compensation*:
$167,819
Chair of the Board:
Mr. Christopher P. Mahan
Chair's Profession / Business Affiliation:
Cranemere LLC
Board Size:
25
Paid Staff Size:
104



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




Fund Raising
 

              
Method(s) Used:


Direct Mail Appeals, Invitations To Fundraising Events, Grant Proposals, Planned Giving Arrangements.
Fundraising costs were 18.8% of related contributions. (Related contributions, which totaled $3,335,636, 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 Stanley M. Isaacs Neighborhood Center's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Contracts revenue

$3,932,959

Contributions

2,473,425

Legacies

338,171

Special events

284,040

In-kind contributions

240,000

Program Service fees and other

110,197

Investment return allocated to operations

102,500

Rental fees and miscellaneous

72,577

Total Income

$7,553,869

Program Expenses  

Youth and Family Services

$2,710,769

Meals on Wheels

2,399,570

Senior Services

1,121,258
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

6,231,597
628,627
729,823

$7,590,047

$(36,178)




Uses of Funds as a % of Total Expenses


Programs: 82%  Fund Raising: 8%  Administrative 10% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $6,222,068
Ending net assets 6,061,874
Total liabilities 290,758

Total assets

$6,352,632






 

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