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New York BBB Wise Giving Report for
The Doe Fund and Affiliates

A BBB Accredited charity

 



Expiration Date:
05/2016
Name:
The Doe Fund and Affiliates
Address:
232 East 84th Street
New York, NY 10028
Phone:
646-672-4248
Web Site:
Year, State Incorporated:
1987, New York
Affiliates:
None
Stated Purpose:
" The Doe Fund's mission is to develop and implement cost-effective, holistic programs that meet the needs of a diverse population working to break the cycles of homelessness, addiction, and criminal recidivism. All of The Doe Fund's programs and innovative business ventures ultimately strive to help homeless and formerly incarcerated individuals achieve permanent self-sufficiency. "





Evaluation Conclusions
 

              
The Doe Fund and Affiliates 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. In 2009, The Doe Fund launched Ready, Willing & Able-Veterans which addresses all of these issues comprehensively and effectively. Participants join the hundreds of "men in blue" of Ready, Willing & Able and are given the same paid work opportunities. We also equip them with all the resources and training they need to regain their self-sufficiency: educational and vocational classes, job coordination, and life-long support services.



Governance
 

              
Chief Executive Officer:
Mr. George T. McDonald, Founder & President
Compensation*:
$551,745
Chair of the Board:
Mr. Richard Schaps
Chair's Profession / Business Affiliation:
Chairman and CEO, Van Wagner Communications LLC
Board Size:
12
Paid Staff Size:
406



*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, print advertisements (newspapers, magazines, etc.), grant proposals, internet
Fund raising costs were 12.5% of related contributions. (Related contributions, which totaled $16,122,119, 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 Doe Fund & Affiliates' Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Contracts

$18,256,222

Donations

6,505,927

Government grants

5,911,727

Other earned revenue

5,184,556

Room and board

2,238,982

Corporate and foundation grants

2,060,067

Revenue from the sale of 421-a certificates

1,787,232

Special Events

1,531,820

Interest income from certificate loans

499,687

Development and management fees

241,026

Amortization of deferred rent from land leases

122,329

In-Kind Revenue

112,578

Realized and unrealized gain (loss)

1,882

Interest and investment income

1,516

Direct benefit expense

(412,890)

Bad debt expense from 421-a certificates

(1,789,623)

Total Income

$42,253,038

Program Expenses  

Residential and social services

$20,219,295

Work and training

17,896,976
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

38,116,271
2,013,169
6,010,523

$46,139,963

$(3,886,925)




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 4%  Administrative 13% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $12,887,713
Ending net assets 9,000,788
Total liabilities 51,446,538

Total assets

$60,447,326






 

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