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New York BBB Wise Giving Report for
Kips Bay Boys and Girls Club

A BBB Accredited charity

 



Expiration Date:
09/2016
Name:
Kips Bay Boys and Girls Club
Address:
1930 Randall Avenue
Bronx, NY 10473
Phone:
718-893-8600
Web Site:
Year, State Incorporated:
1922, New York
Affiliates:
None
Stated Purpose:
" Enriches and enhances the quality of life for young people, ages 6 to 18, by providing education and developmental programs, with special emphasis on youngsters who come from disadvantaged or disenfranchised circumstances. "





Evaluation Conclusions
 

              
Kips Bay Boys and Girls Club meets the 20 Standards for Charity Accountability.




Programs
 

              
Kips Bay offers programming in five core areas: Education and Career Development, Health and Life Skills, Sports/Fitness and Recreation, Character and Leadership Development, and The Arts. The organization addresses these areas with such specific programming as academic tutoring, computer education, performing arts, college guidance, scholarship assistance, handicapped services, drugs and alcohol abuse prevention, job exploration and placement, physical education, camping, and civic and leadership clubs.



Governance
 

              
Chief Executive Officer:
Mr. Daniel Quintero, Executive Director
Compensation*:
$482,884
Chair of the Board:
Mr. James Druckman
Chair's Profession / Business Affiliation:
New York Design Center
Board Size:
25
Paid Staff Size:
170



*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 31.6% of related contributions. (Related contributions, which totaled $3,502,918, 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 Kips Bay Boys and Girls Club's Audited Financial Statements for the fiscal year ended September 30, 2013.

Source of Funds  

Goverment Support

$3,344,824

Special Events

2,069,591

Foundations

744,644

Camp fees and other support

294,418

Individuals

205,139

Rental Income

180,993

Corporate Support

122,456

Camp Contributions

66,670

Miscellaneous

12,126

Membership Dues

2,725

Direct Cost of Special Events

(495,706)

Total Income

$6,547,880

Program Expenses  

Educational and Club Services

$5,302,575

Fitness and Health

547,160

Social Recreation

347,836

Senior Center

333,682

Camp

228,164

Cultural Arts

223,479
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

6,982,896
1,107,427
968,358

$9,058,681

$(2,510,801)




Uses of Funds as a % of Total Expenses


Programs: 77%  Fund Raising: 12%  Administrative 11% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $30,694,943
Ending net assets 27,985,059
Total liabilities 758,080

Total assets

$28,743,139






 

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.