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New York BBB Wise Giving Report for
Fountain House

A BBB Accredited charity

 



Expiration Date:
06/2015
Name:
Fountain House
Address:
425 West 47th Street
New York, NY 10036
Phone:
212-582-0340
Year, State Incorporated:
1948, New York
Affiliates:
International Center for Clubhouse Development, and 1 chapter.
Stated Purpose:
" To help people with mental illness by providing opportunities for members to live, work and learn, while contributing their talents thorugh a community of mutual support. To better the lives of people with mental illness everywhere through the development of innovative techniques, research and sharing knowledge with others. To encourage a high quality of life for all members, ongoing improvements and the ultimate elimination of stigma against those with a mental illness. "





Evaluation Conclusions
 

              
Fountain House meets the 20 Standards for Charity Accountability.




Programs
 

              
Programs at Fountain House include employment, young adult services, community outreach and advocacy, supported education, and health and wellness. Fountain House also supports a building used as a home base for the organization's activities.



Governance
 

              
Chief Executive Officer:
Mr. Kenneth J. Dudek, President
Compensation*:
$291,829
Chair of the Board:
Ms. Nancy L. Farrell
Chair's Profession / Business Affiliation:
N/A
Board Size:
28
Paid Staff Size:
129



*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, membership appeals.
Fund raising costs were 14.9% of related contributions. (Related contributions, which totaled $3,440,002, were 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 Fountain House's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Government Contracts & Grants

$9,298,826

Medicaid

2,080,089

Contributions

1,957,360

Special Events, net of Direct Benefits to Donor

1,482,642

Program Service Fees

1,074,880

Investment Income - used for operations

703,034

Other Income

191,708

Interest Income - Other

4,721

Total Income

$16,793,260

Program Expenses  

Housing

$8,645,651

Community Services

5,670,742
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

14,316,393
512,601
2,422,532

$17,251,526

$(458,266)




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 3%  Administrative 14% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $32,361,070
2,929,345
Ending net assets 34,832,149
Total liabilities 4,681,302

Total assets

$39,513,451


$2,929,345 = $1,766,025 (Investment income other than amount used for operations) + $1,163,320 (Change in accumulated pension obligations)



 

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