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New York BBB Wise Giving Report for
East Side House Settlement

A BBB Accredited charity

 



Expiration Date:
06/2015
Name:
East Side House Settlement
Address:
337 Alexander Avenue
Bronx, NY 10454
Phone:
718-665-5250
Year, State Incorporated:
1891, New York
Affiliates:
None
Stated Purpose:
" East Side House Settlement's focus is to provide residents of the South Bronx with the Educational and Technology skills they need in order to realize their dreams for a better life. "





Evaluation Conclusions
 

              
East Side House Settlement meets the 20 Standards for Charity Accountability.




Programs
 

              
East Side House (ESH) is a community resource in the South Bronx that focuses on critical development periods, such as early childhood and adolescence, and other critical junctures. ESH provides services to families in order that other family members may pursue their educational goals. ESH provides technology and career readiness training to enable students to improve their economic status and lead more fulfilling lives.



Governance
 

              
Chief Executive Officer:
Mr. John Sanchez, Executive Director
Compensation*:
$206,000
Chair of the Board:
Mr. Peter Standish
Board Size:
27
Paid Staff Size:
558



*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, planned giving arrangements.
Fund raising costs were 4.5% of related contributions. (Related contributions, which totaled $10,981,581, 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 Audited Financial Statements - Combined for the fiscal year ended August 31, 2012.

Source of Funds  

Government Support

$7,358,283

Special Events

1,558,872

Contributions, Foundations and Charities

1,109,200

Donated Services

497,748

Interest and Dividends, Net of Fees of 56,546

445,099

Contributions, Corporations and Individuals

340,910

Program Fees

319,334

United Way of New York City

116,568

Miscellaneous

70,625

Total Income

$11,816,639

Program Expenses  

Education

$5,016,591

Early Childhood

3,003,544

Community Centers

810,282

Senior Citizens

582,012
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

9,412,429
496,522
1,150,550

$11,059,501

$757,138




Uses of Funds as a % of Total Expenses


Programs: 85%  Fund Raising: 5%  Administrative 10% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $21,310,050
Ending net assets 22,793,667
Total liabilities 1,256,561

Total assets

$24,050,228






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.