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New York BBB Wise Giving Report for
Thorpe Family Residence

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
01/2015
Name:
Thorpe Family Residence, Inc.
Formerly known as:
N/A
Address:
406 East 184th Street
Bronx, NY 10458
Phone:
718-295-2550
Year, State Incorporated:
1988, New York
Affiliates:
None
Stated Purpose:
" Thorpe Family Residence provides comprehensive care for those homeless families and individuals seeking to develop life skills in preparation for independently living. Park Avenue Thorpe works to empower families in an independent, supportive living environment. "






Evaluation Conclusions
 

              
Thorpe Family Residence meets the 20 Standards for Charity Accountability.




Programs
 

              
Thorpe Family Residence maintains a transitional housing program offering needed services for homeless mothers with children from newborn to ten years old; the organization also offers permanent housing with supportive services which allows the residents to maintain employment while their children are cared for daily.



Governance
 

              
Chief Executive Officer:
Bernard T. Carr, Executive Director
Compensation*:
$54,049
Chair of the Board:
Scott Auwarter
Board Size:
11
Paid Staff Size:
16



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, grant proposals, internet, and Parish-based Giving Tree
Fund raising costs were 7.4% of related contributions. (Related contributions, which totaled $753,726, 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 organization's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Governement Grant-DHS Grant

$564,666

Donations

189,060

Interest Income

1

Total Income

$753,727

Program Expenses  

Operation and Maintenance

$198,279

Counseling

178,904

Childcare

50,026

Recreation

33,870
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

461,079
56,069
328,476

$845,624

$(91,897)




Uses of Funds as a % of Total Expenses


Programs: 55%  Fund Raising: 7%  Administrative 39% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $358,787
Ending net assets 266,890
Total liabilities 22,352

Total assets

$289,242






 

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.