Overview
What is New Alternatives For Children Inc?
New Alternatives for Children Inc, based in New York City, is a nonprofit organization dedicated to providing foster care and adoption programs for children with unique needs. Their mission encompasses supporting medically complex children, those with developmental disabilities, HIV, or co-occurring medical and mental health requirements. The organization offers ACS-contracted foster care, as well as preparing youth for adulthood services that teach independent living skills. Approximately half of the children in their care are reunited with their birth families, while the other half are adopted by their foster families. New Alternatives for Children also maintains a significant kinship program and Fair Futures initiative. Their continuum of services addresses children's physical, social, educational, recreational, medical, and mental healthcare needs, enabling them to remain in or return to their families whenever possible. By strengthening families and offering opportunities, New Alternatives for Children helps all family members reach their potential.
Official website here: www.nackidscan.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
New Alternatives for Children Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. The charity scored particularly well in areas such as having a fully independent board and maintaining robust financial oversight, which demonstrates a high level of governance and transparency.
The organization boasts an impressive program expense ratio of 82.46%, meaning a significant portion of its funds is directed toward its programs rather than administrative costs. This focus on program spending underscores a commitment to fulfilling its mission effectively. Additionally, it has implemented essential policies, such as a conflict of interest policy and a whistleblower policy, contributing to its overall accountability.
However, there are some limitations noted in the financial metrics, particularly in the liabilities to assets ratio, where it scored lower. While the organization excels in governance and program spending, this area may warrant further attention to ensure long-term financial health and stability. Overall, New Alternatives for Children Inc demonstrates strong operational practices, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Alternatives For Children Inc?
90% of 23 reviewers on Facebook recommend New Alternatives for Children Inc. Here is a summary of their reviews:
The sentiment towards New Alternatives for Children Inc is overwhelmingly positive, with many expressing deep gratitude for the organization’s impact on their lives. One heartfelt review highlights the remarkable progress of a daughter with significant challenges, attributing her achievements to the support received from the nonprofit. The reviewer emphasizes how the organization plays a crucial role in nurturing individuals, evident through the personal growth and accomplishments of their family members.
Comments from users reflect that the nonprofit is not only effective in delivering supportive services, but it also fosters a sense of community and connection among families. Clients feel that the organization empowers individuals with skills and knowledge, leading to overall improvement in their quality of life. The positive influence of the nonprofit is noted as a catalyst for further education and support within families, showcasing its mission of enhancing the lives of children and their families.
This AI summary has been generated from reviews found on Facebook.
Is New Alternatives For Children Inc legitimate?
New Alternatives For Children Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Alternatives For Children Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,349,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,891,212
For more financial information, click here
Official website here: www.nackidscan.org
What is the mission statement of New Alternatives For Children Inc?
New Alternatives For Children Inc is dedicated to helping families who primarily care for medically complex children, including those with severe physical, emotional, behavioral challenges, and developmental disabilities. Their mission is to provide innovative, high-quality services that enable these children to remain with their birth families or be adopted by loving families, whenever feasible. NAC's continuum of services encompasses the children's physical, social, educational, recreational, medical, and mental healthcare needs. By supporting families, NAC prevents lengthy stays in foster care, hospitals, or other institutions. The organization strengthens family bonds and provides opportunities for all family members to reach their potential.
Official website here: www.nackidscan.org
Who is the CEO of New Alternatives For Children Inc?
Arlene Goldsmith is the President of New Alternatives For Children Inc.
Official website here: www.nackidscan.org
What is the revenue of New Alternatives For Children Inc?
New Alternatives For Children Inc's revenue in 2022 was $35,313,076.
Official website here: www.nackidscan.org
Who are the executives of New Alternatives For Children Inc and what are their salaries?
The average compensation at New Alternatives For Children Inc during 2022 was $32,743. There are 496 employees and 440 volunteers at New Alternatives For Children Inc.
Here are 48 key members and their salaries:
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Official website here: www.nackidscan.org
Where can I find the form 990 for New Alternatives For Children Inc?
New Alternatives For Children Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nackidscan.org
Learn more at the official website: www.nackidscan.org
Mission Statement of New Alternatives For Children Inc
New Alternatives for Children Inc, a nonprofit organization, is dedicated to opening doors for children with special healthcare needs and their families. The mission of this charitable entity is threefold: it aims to provide innovative, high-quality services to birth, foster, and adoptive families caring primarily for medically complex children. These children may face severe physical, emotional, and behavioral challenges, as well as developmental disabilities.
NAC's services are designed to enable children to remain in or return to their families, whenever possible, or to be adopted by loving families. The organization focuses on working primarily with children whose birth families live in poverty, ensuring that their 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's commitment to family strengthening, opportunities, and potential goes beyond just the children. The organization builds on family strengths, provides resources and assistance, and encourages all family members to reach for and achieve their full potential. In doing so, NAC enables children and their families to overcome the challenges they face and thrive.
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Impact
October, 2024
New Alternatives For Children Inc (NAC) has a profound impact on the lives of children with special healthcare needs and their families. By specializing in foster care and adoption programs tailored for medically complex children, NAC ensures that these vulnerable individuals receive the comprehensive care they require. This includes support for children with developmental disabilities, HIV, and co-occurring medical and mental health needs.
Approximately half of the children served by NAC are successfully reunified with their birth families, while the other half find stability and love through adoption by their foster families. Notably, NAC's commitment means that children do not age out of the foster care system without a permanent resource. Each child leaves with a secure connection, addressing the critical issue of stability in their lives.
NAC's mission extends to preparing youth for adulthood by teaching essential independent living skills, ensuring a seamless transition into self-sufficiency. Their significant kinship program strengthens family ties, allowing children to remain connected to their support systems.
By focusing on families living in poverty, NAC provides a continuum of services that meets each child's physical, social, educational, recreational, medical, and mental health needs. This holistic approach prevents lengthy stays in foster care, hospitals, or institutions, enabling children to thrive in nurturing environments.
Through building on family strengths and providing critical support, NAC empowers families to reach their full potential, fostering a sense of community and stability that resonates deeply in the lives of many.
This information is meant to be a general summary of New Alternatives For Children Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $622
- Program Service Revenue: $25,030,102
- Gross Receipts: $35,528,736
Assets and Liabilities:
- Total Assets: $18,722,181
- Total Liabilities: $2,716,468
- Net Assets: $16,005,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOSTER CARE AND ADOPTION
Revenue
$11,501,046
OTHER PROGRAMS
Revenue
$9,370,122
PREVENTIVE SERVICES
Revenue
$3,149,497
BRIDGES TO HEALTH
Revenue
$1,009,437
Organization Details
Founding Year
1982
Phone
(212) 696-1550Principal Officer
Arlene Goldsmith
Main Address
37 WEST 26TH STREET, NEW YORK, NY, 10010
Website
www.nackidscan.orgNTEE Category
Code: P32 - Human services
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