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

A BBB Accredited charity

 



Expiration Date:
05/2014
Name:
The Children's Aid Society
Address:
105 East 22nd Street, Room 504
New York, NY 10010
Phone:
212-949-4800
Year, State Incorporated:
1853, New York
Affiliates:
Boys & Girls Clubs of America, United Charities Corporation, Milbank Housing Development Fund Inc., Madison Avenue Fund for Children, Campbell Devon Productions, Inc., 910 East 172nd Street, LLC
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
 

              
Since our founding in 1853, The Children’s Aid Society (CAS) has been at the forefront of developing innovative and effective programs for New York City’s most vulnerable children (The first free school lunch program, the first family foster care programs, etc.). Today Children’s Aid serves New York's neediest children and their families at more than 45 locations in the five boroughs and Westchester County. Children’s Aid accomplishes all this while maintaining a commitment to fiscal integrity. CAS commits 91 cents of every dollar donated directly to children’s services.



Governance
 

              
Chief Executive Officer:
Mr. Richard R. Buery Jr., President and CEO
Compensation*:
$426,621
Chair of the Board:
Mr. Mark M Edmiston, Chairman of the Board
Chair's Profession / Business Affiliation:
Nomad Editions LLC
Board Size:
42
Paid Staff Size:
2103



*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 13.7% of related contributions. (Related contributions, which totaled $20,733,000, 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 CAS's Audited Financial Statements - Consolidated for the fiscal year ended June 30, 2011.

Source of Funds  

Government support

$63,997,000

Investment return in excess of amount used for operations

28,680,000

Contributions

20,315,000

Investment return used for operations

11,379,000

Program services fees and dues

10,547,000

Rental income

638,000

Bequests

215,000

Estates and trusts

203,000

Total Income

$135,974,000

Program Expenses  

Adoption and Foster care

$30,888,000

Children's Centers

26,944,000

Health Services

14,043,000

Community Schools

10,173,000

Counseling and Home Based Services

9,585,000

Carrera Adolescent Pregnancy Prevention Program

8,303,000

Camps

1,674,000
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

101,610,000
2,834,000
6,546,000

$110,990,000

$24,984,000




Uses of Funds as a % of Total Expenses


Programs: 92%  Fund Raising: 3%  Administrative 6% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $217,538,000
Ending net assets 250,392,000
Total liabilities 41,703,000

Total assets

$292,095,000


*Other changes to net assets - pension related changes other than net periodic pension costs - $7,870,000



 

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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.