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New York BBB Wise Giving Report for
MercyFirst

A BBB Accredited charity

 



Expiration Date:
12/2015
Name:
MercyFirst
Address:
525 Convent Road
Syosset, NY 11791
Phone:
516-921-0808
Year, State Incorporated:
1967, New York
Affiliates:
None
Stated Purpose:
" MercyFirst, a sponsored ministry of the Sisters of Mercy, inspires hope and promotes healing for children and families by providing quality human services and educational opportunities while advocating for social change. "





Evaluation Conclusions
 

              
MercyFirst meets the 20 Standards for Charity Accountability.




Programs
 

              
MercyFirst programs include family support and after-school programs, foster homes and adoption services, group homes and campus-based residential programs, medical and mental services, and Bridges to the Future - a range of support services that provide training and hands-on work opportunities to teens in our care to learn to become self sufficient.



Governance
 

              
Chief Executive Officer:
Mr. Gerard McCaffery, Executive Director
Compensation*:
$223,000
Chair of the Board:
Mr. Kevin Shine
Chair's Profession / Business Affiliation:
Sr. VP Information Processing Services/ Verizon
Board Size:
22
Paid Staff Size:
535



*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 31.7% of related contributions. (Related contributions, which totaled $1,320,029, 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 MercyFirst's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Family foster care and adoption services

$16,607,290

Residential campus programs

12,491,361

Medical and mental health services

6,978,064

Community-based group homes

5,508,699

Family support and after-school programs

2,095,429

Contributions

784,763

Fundraising

308,429

Grants

226,837

Other income

182,265

Total Income

$45,183,137

Program Expenses  

Family foster care and adoption services

$14,306,009

Residential campus programs

11,539,362

Medical and mental health services

5,924,472

Community-based group homes

5,439,415

Family support and after-school programs

2,240,475
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

39,449,733
418,157
5,896,962

$45,764,852

$(581,715)




Uses of Funds as a % of Total Expenses


Programs: 86%  Fund Raising: 1%  Administrative 13% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $5,974,641
Ending net assets 5,392,926
Total liabilities 15,091,598

Total assets

$20,484,524






 

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