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New York BBB Wise Giving Report for
Children's Aid Society

A BBB Accredited charity

 



Expiration Date:
05/2016
Name:
The Children's Aid Society
Address:
105 East 22nd Street, Room 504
New York, NY 10010
Phone:
212-949-4936
Year, State Incorporated:
1853, New York
Affiliates:
Children's Aid College Prep Charter School, Boys & Girls Club of America, Milbank Housing Development Fund Inc., 910 East 172nd Street, LLC, Campbell Devon Productions, Inc., United Charities Corporation
Stated Purpose:
" Help children in poverty to succeed and thrive by providing comprehensive support to children and their families in targeted high-needs New York City neighborhoods. "





Evaluation Conclusions
 

              
The Children's Aid Society (CAS) meets the 20 Standards for Charity Accountability.




Programs
 

              
The Children's Aid Society's mission is to help children in poverty to succeed and thrive. We do this by providing over 70,000 of New York's neediest children of all ages with comprehensive support services in education, health, family wellness and social-emotional growth. Our programs are specially designed to target the whole child as he or she progresses through each stage of growth, providing a cradle to college pathway towards a healthy and productive adulthood. The Children's Aid Society is proud of its 161 year legacy for underprivileged youth. Since 1853 we've formed the model that led to the creation of the foster care system in the United States, and constructed a pregnancy prevention program that has been replicated throughout the country and around the globe. In education, our community schools model is gaining momentum as a way to significantly improve the outcomes of public school youth. And we continue to innovate with industry leading initiatives and methods, ensuring that poverty doesn't get in the way of child's ability to grow and prosper.



Governance
 

              
Chief Executive Officer:
Mr. William Weisberg, Interim CEO
Compensation*:
$275,850
Chair of the Board:
Mr. Mark M. Edmiston
Chair's Profession / Business Affiliation:
CEO, Nomad Editions
Board Size:
35
Paid Staff Size:
1790



*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 17.4% of related contributions. (Related contributions, which totaled $20,162,000, 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 Childrens Aid Society's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Government Support

$71,219,000

Investment Return (not used for operations)

21,155,000

Contributions

18,860,000

Investment Return (used for operations)

10,600,000

Gain on Sale of Property

7,413,000

Program Service Fees & Dues

6,292,000

Bequests

1,045,000

Rental Income

922,000

Contribution from the Aquisition of Millbank

334,000

Estates & Trusts

257,000

Total Income

$138,097,000

Program Expenses  

Child Welfare & Family Services

$46,526,000

School Age

18,843,000

Adolescent & Carrera Pregnancy Prevention Program

15,403,000

Health & Wellness

14,105,000

Early Childhood

11,612,000

National Center for Community Schools

1,410,000
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

107,899,000
3,516,000
11,066,000

$122,481,000

$15,616,000




Uses of Funds as a % of Total Expenses


Programs: 88%  Fund Raising: 3%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $252,119,000
10,136,000
Ending net assets 277,871,000
Total liabilities 47,182,000

Total assets

$325,053,000






 

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