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New York BBB Wise Giving Report for
Police Reserve Association, City of New York

A BBB Accredited charity

 



Expiration Date:
01/2016
Name:
Police Reserve Association, City of New York
Address:
244 Fifth Avenue
New York, NY 10001
Phone:
212-564-0010
Web Site:
Year, State Incorporated:
1927, New York
Affiliates:
None
Stated Purpose:
" Rewards exemplary service within the New York Police Department and provides educational opportunities for members and their relatives. "





Evaluation Conclusions
 

              
Police Reserve Association, City of New York (NYCPRA) meets the 20 Standards for Charity Accountability.




Programs
 

              
The Police Reserve Association (NYCPRA) provides numerous educational scholarships to service members and their families. NYCPRA encourages fraternity amongst its members through social programs and community service activities ranging from Relay for Life to Family Day at the Police Academy. The NYCPRA also supports organizations that care for widows and children of officers who died in the line of duty.



Governance
 

              
Chief Executive Officer:
Mr. Mitchell F. Levey, President
Compensation*:
$
Chair of the Board:
Mr. Louis Weiser
Chair's Profession / Business Affiliation:
Chairman
Board Size:
22
Paid Staff Size:
0



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Raffle Request to Members
Fund raising costs were 20.8% of related contributions. (Related contributions, which totaled $110,345, 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 NYCPRA's Audited Financial Statements for the fiscal year ended August 31, 2012.

Source of Funds  

Contributions

$87,494

Membership dues

68,900

Special Events

22,851

Total Income

$179,245

Program Expenses  

Scholarship Expense

$73,900

Grant Expense

42,752

Program Services

22,375
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

139,027
22,975
7,668

$169,670

$9,575




Uses of Funds as a % of Total Expenses


Programs: 82%  Fund Raising: 14%  Administrative 5% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $14,916
Ending net assets 24,491
Total liabilities

Total assets

$24,491






 

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.