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New York BBB Wise Giving Report for
Imani House

A BBB Accredited charity

 



Expiration Date:
11/2015
Name:
Imani House
Address:
76A Fifth Avenue
Brooklyn, NY 11217
Phone:
718-638-2059
Year, State Incorporated:
1991, New York
Affiliates:
Liberia West Africa Programs
Stated Purpose:
"To assist low-income youth, families and immigrants to create sustainable neighborhoods, where residents are decision makers who take responsibility for the improvement of their lives and surroundings."





Evaluation Conclusions
 

              
Imani House meets the 20 Standards for Charity Accountability.




Programs
 

              
"All Imani House programs, both in New York and Africa, possess a common theme: the advancement of marginalized children, individuals and families through the development of their skills, self-worth and an understanding of their immediate world and how they affect it. In Liberia, West Africa we offer an Adult Literacy Program and provision of a Child & Maternal Health Care facility, which combined serve over 15,000 each year. In New York our programs include Job Assistance, a Food Pantry, an Elementary Afterschool Program, Adult Education and Information & Referrals. Each year these services combined serve approximately 4,000."



Governance
 

              
Chief Executive Officer:
Mr. Bisi Ideraabdullah, Executive Director
Compensation*:
$55,300
Chair of the Board:
Ms. Annette Cook
Chair's Profession / Business Affiliation:
Teacher, NYC Dept. of Education
Board Size:
5
Paid Staff Size:
28



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




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, grant proposals, planned giving arrangements
Fund raising costs were 2.2% of related contributions. (Related contributions, which totaled $576,457, 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 Imani House, Inc Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

In Kind Contributions

$229,933

Government Grants

222,607

Program Services

87,642

Foundation and Corporate Grants

58,950

Individual Donations and Contributions

34,339

Indirect Government Grants

25,855

Raffles

4,773

Sales

2,388

Interest Income

10

Total Income

$666,497

Program Expenses  

Program

$619,504
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

619,504
12,416
52,273

$684,193

$(17,696)




Uses of Funds as a % of Total Expenses


Programs: 91%  Fund Raising: 2%  Administrative 8% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $80,255
Ending net assets 62,559
Total liabilities 29,661

Total assets

$92,220






 

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.