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New York BBB Wise Giving Report for
New Alternatives for Children

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
05/2016
Name:
New Alternatives for Children
Address:
37 West 26th Street, 6th Floor
New York, NY 10010
Phone:
212-696-1550
Year, State Incorporated:
1982, New York
Affiliates:
None
Stated Purpose:
" New Alternatives for Children's (NAC) mission is to provide innovative high quality services in support of birth, foster, and adoptive families caring primarily for medically fragile children. NAC’s mission includes children with severe physical, emotional, and behavioral challenges and developmental disabilities. NAC’s services enable children to remain in or to be returned to their families whenever possible or to be adopted by loving families. Working primarily with children whose birth families live in poverty, NAC’s continuum of services ensures that children’s physical, social, educational, recreational, medical, and mental healthcare needs are met. By supporting families NAC prevents lengthy stays in foster care, hospitals, or other institutions. NAC builds on family strengths, provides opportunities, and assists all family members in reaching for and achieving their potential. "






Evaluation Conclusions
 

              
New Alternatives for Children (NAC) meets the 20 Standards for Charity Accountability.




Programs
 

              
New Alternatives for Children (NAC) provides comprehensive support to families caring for medically fragile children at risk of abuse and neglect, re-hospitalization, or foster care placement. The organization operates a Preventive Services Program, a prevention aftercare program, the Bridges to Health Program, a Foster Care and Adoption Program and a post-adoption support program. Also operated on-site are an Article 28 medical clinic and an Article 31 mental health clinic. Services help meet the physical, social, educational, recreational, health care, and mental health needs of the medically fragile participating children. NAC’s programs work to avoid placement of children in foster care or institutional settings and facilitate the timely discharge of children from hospitals where they have remained admitted beyond their medical need.



Governance
 

              
Chief Executive Officer:
Ms. Arlene Goldsmith, LCSW, PhD, Executive Director
Compensation*:
$335,098
Chair of the Board:
Mr. Robert L. Friedman
Chair's Profession / Business Affiliation:
Senior Consultant/The Blackstone Group LP
Board Size:
40
Paid Staff Size:
330



*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, internet
Fund raising costs were 16.5% of related contributions. (Related contributions, which totaled $3,605,277, 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 NAC's Audited Financial Statements for the fiscal year ended June 30, 2013.

Source of Funds  

Fees and grants from government agencies

$14,742,158

Contributions and grants

2,118,528

Special event income (net)

1,486,749

Prior years revenue

720,771

Interest and other income

11,378

Total Income

$19,079,584

Program Expenses  

Program Services

$16,400,818
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses

Total expenses

Income in Excess of Expenses

16,400,818
595,339
1,476,235
112,431

$18,584,823

$494,761




Uses of Funds as a % of Total Expenses


Programs: 88%  Fund Raising: 3%  Administrative 8%  Other Expenses: 1%
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,643,835
Ending net assets 2,138,596
Total liabilities 2,248,991

Total assets

$4,387,587






 

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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.