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New York BBB Wise Giving Report for
Good Shepherd Services

A BBB Accredited charity

 



Expiration Date:
03/2016
Name:
Good Shepherd Services
Address:
305 Seventh Avenue
9th Floor
New York, NY 10001
Phone:
212-243-7070
Year, State Incorporated:
1947, New York
Affiliates:
None
Stated Purpose:
" Surrounds at-risk New York City youth and their families with a web of supports that promote a safe passage to self-sufficiency. To achieve our mission we lead in the development of innovative youth development programs; provide quality, effective services that strengthen participants' connections with family, school and community; and advocate on their behalf for broader change. "





Evaluation Conclusions
 

              
Good Shepherd Services (GSS) meets the 20 Standards for Charity Accountability.




Programs
 

              
Good Shepherd Services operates more than 80 programs in high-need communities throughout New York City united by a common goal: to help vulnerable youth and families find a safe passage to self-sufficiency. You'll find us where we're needed most - in communities stressed by poverty and crime, in failing schools, or working to address the needs of young people who cannot live with their families. Though our programs and services are diverse, our approach is always the same. We surround youth and families with the right services, at the right time, for long enough to make a difference. This wraparound approach helps young people to build a wide range of skills and build strong connections with caring adults, peers, and the broader community. In our community-based programs, our main focus is to keep youth connected to school and to strengthen families so that they can stay together. In our out-of-home care programs, our aim is to keep children and teens safe and to promote their healthy development and strengthen their families so that they can return home. Our professional training services provide opportunities for social service providers throughout the City to develop the skills necessary for effective work with children and families.



Governance
 

              
Chief Executive Officer:
Sr. Paulette LoMonaco, Executive Director
Compensation*:
$233,398
Chair of the Board:
Mr. James Sullivan
Chair's Profession / Business Affiliation:
Senior Managing Director and Head of Fixed Income/Prudential Investment Management
Board Size:
28
Paid Staff Size:
1048



*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, and internet.
Fund raising costs were 7.1% of related contributions. (Related contributions, which totaled $16,044,658, 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 GSS's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Grants from government agencies

$37,993,443

Care and maintenance contracts

18,518,358

Private grants

13,345,462

Medicaid

5,950,957

Special events (net)

2,699,196

Miscellaneous revenue and other fees

914,930

Interest and dividends

746,474

Total Income

$80,168,820

Program Expenses  

Community-based programs

$34,676,970

Foster care and residential services

30,002,893

Training services

431,618
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

65,111,481
1,132,549
11,206,927

$77,450,957

$2,717,863




Uses of Funds as a % of Total Expenses


Programs: 84%  Fund Raising: 2%  Administrative 15% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $47,822,594
1,771,529
Ending net assets 52,311,986
Total liabilities 17,010,933

Total assets

$69,322,919






 

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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.