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New York BBB Wise Giving Report for
Children's Village

A BBB Accredited charity

 



Expiration Date:
08/2016
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 Institude, 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
 

              
The Children's Village, Inc. meet 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*:
$366,766
Chair of the Board:
Paul H. Jenkel
Chair's Profession / Business Affiliation:
Retired, Investment Management / Alliance Capital Mgt. Corp
Board Size:
31
Paid Staff Size:
906



*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 6.9% of related contributions. (Related contributions, which totaled $4,929,793, 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, 2013.

Source of Funds  

Residential Care Programs

$39,958,145

Community Based Services

21,023,940

Medical and Mental Health Services

5,027,181

Capital Grants for Acquisition and Renovations of Property and Equipment

2,585,578

Contributions

1,823,327

Rental Income

1,026,611

Investment Income Over Amounts Used for Operations

642,333

Special Events(Net of Direct Costs of $155,949)

511,697

Investment Income Used for Operations

345,000

Legacies and Bequests

9,191

Total Income

$72,953,003

Program Expenses  

Residental Care Programs

$31,896,730

Community Based Services

25,682,613

Medical and Mental Health Services

5,459,496

Housing

1,248,386
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses

Total expenses

Income in Excess of Expenses

64,287,225
341,365
5,836,866
293,797

$70,759,253

$2,193,750




Uses of Funds as a % of Total Expenses


Programs: 91%  Fund Raising: 1%  Administrative 8%  Other Expenses: %
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $32,104,514
Ending net assets 35,980,267
Total liabilities 29,504,753

Total assets

$65,485,020






 

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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.