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New York BBB Wise Giving Report for
Bowery Mission and Kids With a Promise

A BBB Accredited charity

 


Expiration Date:
07/2013
Name:
Bowery Mission and Kids with a Promise
Formerly known as:
Christian Herald Association
Address:
132 Madison Avenue
New York, NY 10016
Phone:
212-684-2800
Web Site:
www.bowery.org
Year, State Incorporated:
1928, New York
Affiliates:
None
Stated Purpose:
" The Bowery Mission and Kids With A Promise is called to minister in New York City to men, women, and children caught in the cycle of poverty, hopelessness and dependencies of many kinds, and to see their lives transform to hope, joy, lasting productivity and eternal life through the power of Jesus Christ. "





Evaluation Conclusions
 

               
Bowery Mission and Kids with a Promise meets the 20 Standards for Charity Accountability.




Programs
 

               
The Bowery Mission offers meals, shelter, education, showers, clothing, and medical care for homeless men and women.



Governance
 

               
Chief Executive Officer:
Edward Morgan, President
Compensation*:
$186,827
Chair of the Board:
Jan Nagel
Chair's Profession / Business Affiliation:
KPMG-LLP
Board Size:
16
Paid Staff Size:
73



*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 appeals, Text-to-give
Fund raising costs were 17.2% of related contributions. (Related contributions, which totaled $10,675,084, 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 The Bowery Mission and Kids With A Promise's Audited Financial Statements for the fiscal year ended September 30, 2010.

Source of Funds
 

Contributions

 $4,759,556

Gifts In-Kind

 3,416,563

Government Grants

 1,441,144

Special Events

 779,241

Dividends and Interest

 474,243

Retreat Center

 335,217

Legacies

 278,580

Distributions from Perpetual Trusts

 76,738

Volunteer Services

 70,500

Other Income

 17,980

Total Income

$11,649,762

Expenses
 
Program Expenses 

The Bowery Mission and Women's Center

$5,629,588

Kids with a Promise/Retreat Center

1,460,209

Bowery Mission Transitional Center

1,358,013
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Total expenses

Income in Excess of Expenses

 8,447,810
1,836,475
1,066,074
$11,350,359

$299,403



Uses of Funds as a % of Total Expenses


Programs: 74%  Fund Raising: 16%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $21,150,358
1,130,736
Ending net assets 22,580,497
Total liabilities 3,817,006
Total assets
$26,397,503






 

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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.