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New York BBB Wise Giving Report for
SCO Family of Services

A BBB Accredited charity

 



Expiration Date:
10/2015
Name:
SCO Family of Services
Address:
One Alexander Place
Glen Cove, NY 11542
Phone:
516-671-1253
Web Site:
Year, State Incorporated:
1948, New York
Affiliates:
None
Stated Purpose:
" SCO Family of Services is a human services organization that works with vulnerable New Yorkers to provide the support, care and tools they need for a stable, healthy, and successful future. For more than 100 years, SCO has played a vital role serving 40,000 New Yorkers annually at 100 locations throughout New York City and Long Island. "





Evaluation Conclusions
 

              
SCO Family of Services meets the 20 Standards for Charity Accountability.




Programs
 

              
SCO Family of Services helps children, youth, young adults and families striving to overcome the devastating impact of poverty, neglect, abuse, or developmental and mental challenges. We respond to moments of crisis and work to prevent crises before they occur with a comprehensive menu of services in seven core areas: early childhood, youth development, education, family support, special needs, foster care and homelessness. We offer individuals and families support and care and help them develop the skills they need to be self sufficient.



Governance
 

              
Chief Executive Officer:
Ms. Gail B. Nayowith, Executive Director
Compensation*:
$300,000
Chair of the Board:
Ms. Kelly Williams
Chair's Profession / Business Affiliation:
Corporate General Counsel / The Brennan Center for Justice
Board Size:
18
Paid Staff Size:
3184



*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, Action Fund Cards
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $9,879,315, 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 SCO Family of Services's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Fee for service program

$145,098,208

Contract Programs

69,583,907

Foundations and other Grants

5,522,288

Contributions and Special Events

4,357,027

Prior years' cost reimbursement adjustments

1,616,084

Investment income

1,414,446

Total Income

$227,591,960

Program Expenses  

Program expenses

$212,243,486
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

212,243,486
1,183,838
14,090,293

$227,517,617

$74,343




Uses of Funds as a % of Total Expenses


Programs: 93%  Fund Raising: 1%  Administrative 6% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $45,140,664
Ending net assets (157,335)
Total liabilities 131,042,829

Total assets

$130,885,494






 

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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.