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New York BBB Wise Giving Report for
Children's Village

A BBB Accredited charity

 



Expiration Date:
10/2014
Name:
The Children's Village, Inc.
Address:
One Echo Hills
Dobbs Ferry, NY 10522
Phone:
914-693-0600
Year, State Incorporated:
1851, New York
Affiliates:
The Children's Village Institute, D'Assern Housing
Stated Purpose:
" Works in partnership with families to help society's most vulnerable children so that they become educationally proficient, economically productive, and socially responsible members of their communities. "





Evaluation Conclusions
 

              
Children's Village meets the 20 Standards for Charity Accountability.




Programs
 

              
In the right environment and with appropriate supports, every child has the potential to make his or her life happy, fulfilling and socially constructive. By helping children reach their highest levels of achievement, we not only build a sound foundation for their futures, but for our own as well. With this goal in mind, The Children’s Village serves thousands of children and family members throughout the Southern New York state area and certain international programs that include: evidence-based programs that prevent troubled teens from re-arrest or need of out-of-home care; runaway and homeless shelters that keep teens safe and off the streets and provide them with a support network; family support programs that significantly improve the success rate for family reunifications from foster care; supported housing for homeless teens that help them avoid long-term dependency on social services; innovative programs for children with serious emotional, developmental, and medical problems.



Governance
 

              
Chief Executive Officer:
Jeremy C. Kohomban, President & CEO
Compensation*:
$313,271
Chair of the Board:
Paul Jenkel
Chair's Profession / Business Affiliation:
Retired, Alliance Bernstein
Board Size:
28
Paid Staff Size:
786



*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, grant proposals
Fund raising costs were 8.8% of related contributions. (Related contributions, which totaled $2,807,189, 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 Children's Village's Audited Consolidated Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Residential care programs

$29,485,146

Community based services

18,149,336

Medical and mental health services

6,924,552

Contributions

2,474,972

Other income

1,381,615

Realized gain on investments, net of investment fees of $58.217

1,122,518

Rent

1,012,707

Special events

311,410

Unrealized gain on investments, net of investment

287,094

Interest Income

138,321

Miscellaneous

34,670

Legacies and bequests

20,807

Investment income

3,793

Unrealized loss on assets held in charitable remainder trust

(243)

Total Income

$61,346,698

Program Expenses  

Residental care programs

$28,188,212

Community based services

19,859,306

Medical and mental health services

6,207,157

Housing

1,057,197
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

55,311,872
248,287
5,714,811

$61,274,970

$71,728




Uses of Funds as a % of Total Expenses


Programs: 90%  Fund Raising: %  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $32,321,923
Ending net assets 32,393,651
Total liabilities 26,173,890

Total assets

$58,567,541






 

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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.