Blanton-Peale Institute
- Assets
- $3.6m
- Revenue
- $5.2m
- Investments
- $658.4k
- Employees
- 19
- Location
- New York, NY
- Founding
- 12/1968
- Data as of
- 06/2021
- EIN
- 13-5647408
Organization Overview
Blanton-Peale Institute is located in New York, NY. The organization was established in 1968. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2021, Blanton-Peale Institute employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blanton-Peale Institute 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, Blanton-Peale Institute generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $3.6m during the year ending 06/2021. While expenses have increased by 9.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
SEE PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSELING CENTER: AFFORDABLE PSYCHOTHERAPY AND COUNSELING SERVICES TO PERSONALS FROM ALL THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND.
COUNSELING CENTER: AFFORDABLE PSYCHOTHERAPY AND COUNSELING SERVICES TO PERSONALS FROM ALL THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shari K Brink President And CEO | OfficerTrustee | 40 | $120,250 |
Timothy Roberts Chief Financial Officer | Officer | 40 | $118,417 |
Mickey Correa Cheif Programs Officer | Officer | 40 | $115,902 |
Ramesh Persaud Controller | Officer | 40 | $102,217 |
Stephanie M Bailey Treasurer | OfficerTrustee | 3 | $0 |
Elizabeth Peale Allen Chairman | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,453 |
| Related organizations | $0 |
| Government grants | $306,668 |
| All other contributions, gifts, grants, and similar amounts not included above | $72,425 |
| Noncash contributions included in lines 1a–1f | $4,069 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,546 |
| Total Program Service Revenue | $4,679,598 |
| Investment income | $8,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $111,869 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,239,818 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $277,444 |
| Compensation of current officers, directors, key employees. | $199,355 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $814,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $191,973 |
| Payroll taxes | $71,726 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $10,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,758 |
| Fees for services: Other | $24,919 |
| Advertising and promotion | $7,694 |
| Office expenses | $15,752 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $375,300 |
| Travel | $3,915 |
| 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 | $136,923 |
| Insurance | $30,115 |
| All other expenses | $189,283 |
| Total functional expenses | $3,615,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,878,069 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $74,070 |
| Accounts receivable, net | $260,732 |
| 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 | $55,540 |
| Net Land, buildings, and equipment | $585,929 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $658,432 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,740 |
| Total assets | $3,601,512 |
| Accounts payable and accrued expenses | $218,826 |
| 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 | $79,797 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $264,035 |
| Total liabilities | $562,658 |
| Net assets without donor restrictions | $2,348,854 |
| Net assets with donor restrictions | $690,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,601,512 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Blanton-Peale Institute has recieved totaling $130,036.
| Awarding Organization | Amount |
|---|---|
Peale Foundation Inc Pawling, NY PURPOSE: RELIGIOUS/EDUCA | $100,500 |
Hyde And Watson Foundation Warren Township, NJ PURPOSE: HARD COSTS RELATED TO FACILITY RENOVATIONS, AND PURCHASE OF EQUIPMENT AND SOFTWARE. | $20,000 |
Nicholas Martini Foundation Newark, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
William K Lee M D Foundation Inc Franklin Lakes, NJ PURPOSE: GENERAL CHARITABLE PURPOSES | $2,500 |
The William E C And Mary Dearden Foundation Hershey, PA PURPOSE: GENERAL CHARITABLE USE | $1,500 |
John S And Florence G Lawrence Foundation Inc New York, NY PURPOSE: GENERAL PURPOSES | $500 |
Endowment Analysis
| Beg. Balance | $497,025 |
| Earnings | $101,407 |
| Net Contributions | $60,000 |
| Ending Balance | $658,432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Liberation Programs Inc Norwalk, CT | $5,758,645 | $12,035,919 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Heritage Aflame Inc Bolivar, NY | $1,304,768 | $4,768,942 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |