Overview
What is The Children's Aid Society?
The Children's Aid Society is a prominent nonprofit organization based in New York City, specifically at 117 W 124th STREET. Their mission revolves around helping children in poverty succeed and thrive. They execute this mission by offering comprehensive supports to children and their families in high-needs neighborhoods. The organization's work encompasses a range of programs, including those that promote child and family stability. They find loving homes for children in foster care and support parents aiming to reunite with their children. Home-based services are also provided for children at risk of foster care placement. Furthermore, the Children's Aid Society operates programs for families impacted by domestic violence and provides services for disconnected youth. Their Office of Client Advocacy helps stabilize low-income families through legal advocacy and emergency material assistance. The Next Generation Center supports teens and young adults, particularly those aging out of foster care, in their transition to adulthood. With a workforce of over 2,200 employees, the Children's Aid Society makes a significant impact on children's lives, preventing foster care placements for 98% of families who received their family crisis interventions in fiscal year 2022. Additionally, they successfully reunified 203 children with their birth parents or placed them into permanent foster, kinship foster, or adoptive homes.
Official website here: www.childrensaidnyc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Children's Aid Society has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating exceptional performance in accountability and finance, culture and community, and leadership and adaptability. The organization boasts a fully independent board and demonstrates strong governance practices, including transparency in financial statements and adherence to conflict of interest policies. With a program expense ratio of 81.59%, the Society effectively channels resources towards its mission.
However, feedback from a donor raises concerns regarding the high compensation levels for leadership, suggesting that such figures can lead to donor apprehension. Although the data reflects strong financial management, some may find it difficult to reconcile executive salaries with their expectations, prompting them to reconsider their contributions. This highlights a potential area for improvement in addressing donor concerns over perceived financial prioritization.
Overall, The Children's Aid Society displays robust operational strengths, but attention to executive compensation transparency may enhance donor trust and engagement. The organization has the foundation for positive community impact, bolstered by its strong rating, yet it should remain attuned to stakeholder sentiments to maintain support and confidence.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Children's Aid Society legitimate?
The Children's Aid Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Aid Society 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: $1,747,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,488,013
For more financial information, click here
Official website here: www.childrensaidnyc.org
What is the mission statement of The Children's Aid Society?
The Children's Aid Society is dedicated to helping children growing up in poverty succeed and thrive. They believe every child has limitless potential, but children facing poverty, instability, and stress often struggle with survival instead of possibilities. The organization is a professional powerhouse, providing comprehensive supports for children and their families in targeted high-needs neighborhoods. They offer excellent education and healthcare, social-emotional support, and strong, stable families as keys to ensuring children grow up healthy and ready to thrive in school and life.
Official website here: www.childrensaidnyc.org
Who is the CEO of The Children's Aid Society?
Phoebe Boyer is the President/Ceo of The Children's Aid Society. The CEO's salary of The Children's Aid Society is $495,077 and their total compensation is $551,732.
Official website here: www.childrensaidnyc.org
What is the revenue of The Children's Aid Society?
The Children's Aid Society's revenue in 2022 was $167,116,580.
Official website here: www.childrensaidnyc.org
Who are the executives of The Children's Aid Society and what are their salaries?
The average compensation at The Children's Aid Society during 2022 was $34,948. There are 2210 employees and 55 volunteers at The Children's Aid Society.
Here are 40 key members and their salaries (The Children's Aid Society's CEO's salary is $495,077 and their total compensation is $551,732):
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- Compensation: $495,077
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- Other: $34,460
Official website here: www.childrensaidnyc.org
Where can I find the form 990 for The Children's Aid Society?
The Children's Aid Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrensaidnyc.org
Learn more at the official website: www.childrensaidnyc.org
Mission Statement of The Children's Aid Society
The Children's Aid Society, a renowned organization, is committed to helping children growing up in poverty succeed and thrive. With a deep belief that every child holds limitless potential, the Society recognizes that children living in conditions of poverty, family instability, and physical or emotional stress often face significant barriers to realizing their promise. In a city of historic opportunity like New York, it is unacceptable that many children encounter such challenges.
To tackle this issue, The Children's Aid Society is a professional powerhouse, offering a range of solutions for young people. Comprised of teachers, social workers, coaches, and healthcare providers, the Society is dedicated to ensuring children grow up strong and healthy, prepared to excel in school and life. By providing comprehensive supports, including excellent education and healthcare, social-emotional assistance, and strong, stable families, The Children's Aid Society empowers children to overcome the obstacles they face and reach their full potential.
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Impact
October, 2024
The Children's Aid Society profoundly impacts children living in poverty by providing a comprehensive range of services aimed at promoting their stability and success. Their initiatives focus on nurturing high-quality, loving homes for children in foster care while offering robust support for parents seeking to reunite with their children.
Critical programs under the Child Welfare and Family Services division include preventive measures to keep children safely in their homes and specialized assistance for families affected by domestic violence. The organization has demonstrated significant success, with 98% of families who participated in crisis intervention programs avoiding the foster care system last fiscal year. Additionally, they facilitated the permanent reunification of 203 children with their birth parents or helped them find stable adoptive homes.
By addressing the multifaceted challenges faced by families in high-needs neighborhoods, The Children's Aid Society not only helps children achieve their potential but also reinforces the foundation of strong families. Their work goes beyond immediate assistance, focusing on long-term outcomes and stability, ensuring that children not only survive but thrive in their environments. This holistic approach equips young people, particularly those transitioning out of foster care, with the necessary support to become successful adults.
This information is meant to be a general summary of The Children's Aid Society. 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: $26,245,500
- Program Service Revenue: $111,671,000
- Gross Receipts: $360,397,000
Assets and Liabilities:
- Total Assets: $513,010,000
- Total Liabilities: $155,250,000
- Net Assets: $357,760,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOV'T FEES & CONTRACTS
Revenue
$98,302,000
PROGRAM FEES
Revenue
$11,739,000
HEALTH AND WELLNESS CLINICS
Revenue
$1,630,000
Organization Details
Founding Year
1855
Phone
(212) 949-4800Principal Officer
Phoebe Boyer
Main Address
117 W 124TH STREET, NEW YORK, NY, 10027
Website
www.childrensaidnyc.orgNTEE Category
Code: P300 - Human services
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