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Fiver Children's Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133993633 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fiver Children's Foundation Inc?

Fiver Children's Foundation Inc, situated in New York City, is a dedicated nonprofit organization that focuses on youth development. With a team of 107 individuals, they offer counseling, mentoring, and other supportive services to youth from underserved communities. Their ten-year commitment provides experiences that challenge and foster relationships, enabling children from underprivileged backgrounds in New York to shape their own positive futures. The organization is a comprehensive youth development entity, empowering children from under-resourced communities to enhance their life skills and reach their full potential. During the summer, over 400 children have the opportunity to attend Camp Fiver, further enriching their experiences.


Official website here: www.fiver.org

What are the reviews and ratings of this charity?

99% Rating from Charity Navigator

Fiver Children's Foundation Inc has received a remarkable 99% rating from Charity Navigator, earning a Four-Star out of Four Stars designation. This high score reflects the organization’s strong accountability and financial management, notably scoring 98 in this area. The foundation shows a robust structure with a fully independent board and a commendable program expense ratio of 84.26%, indicating that a significant portion of the funds raised directly supports their programs.

User feedback consistently highlights the transformative impact that Fiver has on the lives of participants, emphasizing the long-term commitment of ten years that fosters deep connections and ongoing support. Many reviews praise the organization's ability to empower underprivileged youth through comprehensive programming that includes summer camps, year-round activities, and life skills training. Alumni frequently express gratitude for the opportunities provided, often crediting Fiver with shaping their personal and professional lives.

While the overall sentiment is overwhelmingly positive, some users suggest that the program's success and effectiveness could benefit from broader outreach and increased visibility within the community. Nevertheless, Fiver Children's Foundation remains a highly regarded nonprofit that stands out for its dedication to nurturing youth and fostering a sense of belonging.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Fiver Children's Foundation Inc legitimate?

Fiver Children's Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fiver Children's Foundation 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: $158,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,150,718

For more financial information, click here


Official website here: www.fiver.org

What is the mission statement of Fiver Children's Foundation Inc?

The Fiver Children's Foundation Inc is a comprehensive youth development organization that empowers children from under-resourced communities to develop essential life skills and reach their full potential. Through a unique ten-year commitment, the foundation provides experiences that challenge and fosters relationships, enabling these youth to create positive futures for themselves. The organization offers counseling, mentoring, and various forms of support to over 400 children annually, providing them with an opportunity to attend Camp Fiver during the summer.


Official website here: www.fiver.org

Who is the CEO of Fiver Children's Foundation Inc?

Christie Ko is the Secretary of Fiver Children's Foundation Inc.


Official website here: www.fiver.org

What is the revenue of Fiver Children's Foundation Inc?

Fiver Children's Foundation Inc's revenue in 2023 was $3,109,949.


Official website here: www.fiver.org

Who are the executives of Fiver Children's Foundation Inc and what are their salaries?

The average compensation at Fiver Children's Foundation Inc during 2023 was $12,238. There are 107 employees and 100 volunteers at Fiver Children's Foundation Inc.


Here are 22 key members and their salaries:


Mary Kay Dunning (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Lallemand Brazil (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Toll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cokinos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline F Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kan Devnani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paola Frattaroli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Golaszewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Lubeley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Mendelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Roper (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Tucker (Chairman Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonni Hendrix (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Rawlins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Schluter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Glisan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daphne Leroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Isaacson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryland Mcclendon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleine Polido (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christie Ko (Executive Director)
  • Compensation: $158,448
  • Related: $0
  • Other: $0
Mary Dinski (Deputy Executive Director)
  • Compensation: $111,678
  • Related: $0
  • Other: $0


Official website here: www.fiver.org

Where can I find the form 990 for Fiver Children's Foundation Inc?

Fiver Children's Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fiver.org

Learn more at the official website: www.fiver.org

Mission Statement of Fiver Children's Foundation Inc

Fiver Children's Foundation is a comprehensive youth development organization that empowers children from systemically under-resourced communities to develop essential life skills and reach their full potential. The foundation's mission is to provide experiences that challenge and build relationships that nurture, enabling these youth to create their own positive futures. Through various programs such as counseling, mentoring, and support services, Fiver Children's Foundation aims to help these children overcome the challenges they face in their underprivileged communities. One of their notable initiatives is Camp Fiver, which offers summer programs for over 400 children, providing them with opportunities to grow and develop. By fostering a supportive environment and encouraging personal growth, Fiver Children's Foundation seeks to empower these children to become responsible, successful individuals.

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Impact




October, 2024

Fiver Children's Foundation Inc empowers youth from systemically under-resourced communities in New York by providing a ten-year commitment that fosters growth, builds relationships, and creates positive futures. Through activities such as counseling and mentoring, the organization supports over 400 children annually, including those who participate in Camp Fiver during the summer. This comprehensive approach to youth development equips children with essential life skills, enabling them to reach their full potential and transform their circumstances. Fiver's impact is evident in the lasting relationships formed and the opportunities created for young individuals to thrive.




This information is meant to be a general summary of Fiver Children's Foundation 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.

Revenue
$3,109,949 (2023)
Expenses
$2,656,495 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,872
  • Gross Receipts: $3,201,384

Assets and Liabilities:

  • Total Assets: $6,063,950
  • Total Liabilities: $2,092,316
  • Net Assets: $3,971,634

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Organization Details

Founding Year

1998

Principal Officer

Christie Ko

Main Address

519 EIGHTH AVENUE 24TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: O50 - Youth development

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