Overview
What is The Doe Fund Inc?
The Doe Fund Inc, established in 1985, is a pioneering nonprofit organization based in New York City, dedicated to empowering individuals to overcome poverty, homelessness, and incarceration. Their flagship Ready, Willing & Able program offers paid work, career training, housing, and comprehensive supportive services to formerly homeless and incarcerated men. A significant accomplishment of the organization is that graduates of this program are 62% less likely to reenter the criminal justice system compared to demographically-similar individuals. The Doe Fund's innovative approach extends to their expanding portfolio of permanent affordable housing, providing access to safe homes with on-site social services for veterans, low-income individuals, families, and those struggling with substance abuse, HIV/AIDS, mental illness, and physical disabilities. The organization's achievements include constructing the first newly constructed Single Room Occupancy (SRO) in NYC in 50 years, as well as the development and management of the Peter Jay Sharp Center for Opportunity, a state-of-the-art homeless facility. The Doe Fund also operates revenue-generating micro-businesses, such as a pest extermination company, and is a leader in social entrepreneurship. With a workforce of over 700 employees, the Doe Fund continues to make a significant impact on the lives of thousands of individuals and families in need.
Official website here: www.doe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Doe Fund Inc has achieved an impressive 95% score from Charity Navigator, highlighting its strong performance in various areas of accountability and impact. The organization excels particularly in Impact & Measurement, Leadership & Adaptability, and Culture & Community, each receiving a perfect score of 100, which indicates a robust commitment to its mission and effective operational strategies.
One of the notable strengths of The Doe Fund is its significant program expense ratio of 83.37%, demonstrating that a large portion of its funds are directed towards its programs rather than administrative costs. The organization effectively provides shelter for individuals experiencing homelessness, with a cost of approximately $60 per night, showcasing its efficiency in resource allocation and service delivery.
However, while the overall scores reflect a well-managed nonprofit, the Accountability & Finance score of 86 suggests there may be areas for improvement in financial transparency or operational practices. Nonetheless, the implementation of 13 Equity Practices indicates a proactive approach to inclusivity and community engagement, further enhancing its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Doe Fund Inc legitimate?
The Doe Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Doe Fund 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: $1,711,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,584,075
For more financial information, click here
Official website here: www.doe.org
What is the mission statement of The Doe Fund Inc?
The Doe Fund is a non-profit organization established in 1985. It has helped over 30,000 individuals escape the devastating cycle of poverty, homelessness, and incarceration. Through its Ready, Willing & Able program, the organization provides paid work, career training, housing, and supportive services to formerly homeless and incarcerated men in various communities across the country. Graduates of this program have a lower reentry rate into the criminal justice system, and the program's successful work model has been replicated in numerous communities. Additionally, The Doe Fund's expanding portfolio of permanent affordable housing provides state-of-the-art, safe homes with on-site social services for individuals dealing with various challenges, including substance abuse issues, HIV/AIDS, mental illness, and physical disabilities.
Official website here: www.doe.org
Who is the CEO of The Doe Fund Inc?
Jennifer Mitchell is the Principal Officer of The Doe Fund Inc. The CEO's salary of The Doe Fund Inc is $455,523 and their total compensation is $481,312.
Official website here: www.doe.org
What is the revenue of The Doe Fund Inc?
The Doe Fund Inc's revenue in 2022 was $78,427,074.
Official website here: www.doe.org
Who are the executives of The Doe Fund Inc and what are their salaries?
The average compensation at The Doe Fund Inc during 2022 was $45,551. There are 709 employees and 28 volunteers at The Doe Fund Inc.
Here are 23 key members and their salaries (The Doe Fund Inc's CEO's salary is $455,523 and their total compensation is $481,312):
- Compensation: $455,523
- Related: $0
- Other: $25,789
- Compensation: $0
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- Other: $0
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- Compensation: $338,152
- Related: $0
- Other: $36,204
- Compensation: $267,213
- Related: $0
- Other: $44,828
- Compensation: $286,662
- Related: $0
- Other: $1,314
- Compensation: $214,742
- Related: $0
- Other: $20,034
- Compensation: $267,505
- Related: $0
- Other: $34,337
- Compensation: $192,713
- Related: $0
- Other: $43,540
- Compensation: $175,000
- Related: $0
- Other: $8,314
- Compensation: $144,906
- Related: $0
- Other: $6,981
- Compensation: $140,740
- Related: $0
- Other: $11,351
Official website here: www.doe.org
Where can I find the form 990 for The Doe Fund Inc?
The Doe Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.doe.org
Learn more at the official website: www.doe.org
Mission Statement of The Doe Fund Inc
The Doe Fund, a renowned nonprofit organization founded in 1985, has devoted its efforts to empowering over 30,000 individuals to rise above poverty, homelessness, and incarceration. This trailblazing organization, based in New York City, offers the Ready, Willing & Able program, a unique initiative that provides paid work, career training, housing, and comprehensive supportive services to formerly homeless and incarcerated men. These program graduates exhibit a significant reduction in criminal justice system reentry rates, with a 62% decrease compared to demographically-similar individuals. The success of this program has inspired its replication in communities across the country.
Moreover, The Doe Fund's expanding portfolio of permanent affordable housing grants access to safe and state-of-the-art homes to veterans, low-income individuals and families, people grappling with substance abuse issues, HIV/AIDS, mental illness, and physical disabilities. These residences boast on-site social services, ensuring a holistic approach to addressing the unique challenges faced by these vulnerable populations. By providing essential resources and opportunities, The Doe Fund plays a vital role in helping individuals regain their footing and rebuild their lives.
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Impact
October, 2024
The Doe Fund Inc has made a profound impact by providing over 30,000 individuals with essential resources to break the cycles of poverty, homelessness, and incarceration since its inception in 1985. Through its flagship program, Ready, Willing & Able, the organization offers paid work, career training, housing, and comprehensive support services tailored for formerly homeless and incarcerated men in New York City. The program has been remarkably successful, with graduates being 62% less likely to reenter the criminal justice system compared to similar individuals, demonstrating its effectiveness in fostering long-term stability and reintegration.
Additionally, The Doe Fund's commitment to social entrepreneurship is evident in its various revenue-generating micro-businesses, such as its pest extermination company, which not only diversifies funding sources but also provides industry-specific training for participants. The organization’s growing portfolio of permanent affordable housing has created safe and supportive living environments for veterans, low-income families, and individuals grappling with substance abuse issues, mental illness, and physical disabilities.
With initiatives like the Peter Jay Sharp Center for Opportunity—a cutting-edge homeless facility—The Doe Fund has redefined homeless services in New York City. Its innovative model has been replicated in communities across the United States, establishing new standards in workforce development and housing solutions for vulnerable populations.
This information is meant to be a general summary of The Doe Fund 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: $887
- Program Service Revenue: $15,818,564
- Gross Receipts: $78,949,959
Assets and Liabilities:
- Total Assets: $156,528,479
- Total Liabilities: $92,057,045
- Net Assets: $64,471,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT/DEVELOPMENT FEES
Revenue
$7,237,619
EARNED REVENUES
Revenue
$6,556,922
PROGRAM SERVICE FEES
Revenue
$1,524,570
TENANT RENT
Revenue
$499,453
Organization Details
Founding Year
1987
Phone
(212) 628-5207Principal Officer
Jennifer Mitchell
Main Address
345 E 102ND ST STE 305, NEW YORK, NY, 10029
Website
www.doe.orgNTEE Category
Code: L210 - Housing
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