You Gotta Believe The Older Child Adoption & Permanency Movement
- Assets
- $2.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 28
- Location
- New York, NY
- Founding
- 01/1996
- Data as of
- 06/2021
- EIN
- 11-3272603
Organization Overview
You Gotta Believe The Older Child Adoption & Permanency Movement is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 06/2023, You Gotta Believe The Older Child Adoption & Permanency Movement employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. You Gotta Believe The Older Child Adoption & Permanency Movement is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, You Gotta Believe The Older Child Adoption & Permanency Movement generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YOU GOTTA BELIEVE! THE OLDER CHILD ADOPTION AND PERMANENCY MOVEMENT, INC. WAS FOUNDED IN 1996 AS A HOMELESS PREVENTION PROGRAM. YOU GOTTA BELIEVE SEEKS TO PREVENT HOMELESSNESS AND OTHER DIRE OUTCOMES FOR PRE-TEENS, TEENS AND YOUNG ADULTS IN FOSTER CARE BY CONNECTING THEM WITH PERMANENT LEGAL AND MORAL HOMES BEFORE THEY AGE OUT OF THE FOSTER CARE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KEY PROGRAMS INCLUDE A TEN-WEEK PARENT PREPARATION COURSE OFFERED TO THE GENERAL PUBLIC THROUGHOUT NEW YORK CITY AND IN LONG ISLAND; FOSTER AND ADOPTIVE PARENT HOME STUDIES AND LICENSING; INTENSIVE CHILD AND YOUTH-SPECIFIC PARENT RECRUITMENT; YOUTH FOSTER/ADOPTIVE PLACEMENT AND MONITORING; TRAINING AND TECHNICAL ASSISTANCE TO FOSTER CARE AGENCIES; "NOBODY AGES OUT" ADVOCACY ON BEHALF OF OLDER YOUTH IN FOSTER CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Carlesimo Trustee | Trustee | 0.5 | $0 |
Paul Brown Resigned In Fy23 Trustee | Trustee | 0.5 | $0 |
Robin Rosenbluth Trustee | Trustee | 0.5 | $0 |
Jonathan Stark Resigned In Fy23 Trustee | Trustee | 0.5 | $0 |
John Weitzer Trustee | Trustee | 0.5 | $0 |
Nicole Green Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,396,578 |
| Investment income | $1,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $668 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,398,416 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $287,483 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $690,266 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,734 |
| Payroll taxes | $96,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $18,528 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $37,899 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,229 |
| Advertising and promotion | $0 |
| Office expenses | $24,355 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,602 |
| Travel | $1,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,614 |
| Insurance | $22,750 |
| All other expenses | $0 |
| Total functional expenses | $1,527,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,622 |
| Savings and temporary cash investments | $950,006 |
| Pledges and grants receivable | $193,128 |
| Accounts receivable, net | $43,502 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,622 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,325 |
| Total assets | $2,170,853 |
| Accounts payable and accrued expenses | $161,499 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $145,000 |
| Other liabilities | $0 |
| Total liabilities | $306,499 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,864,354 |