Bancroft Neurohealth
- Assets
- $223.4m
- Revenue
- $198.8m
- Investments
- $0.0
- Employees
- 3,697
- Location
- Cherry Hill, NJ
- Founding
- 07/1929
- Data as of
- 06/2021
- EIN
- 21-0672770
Organization Overview
Bancroft Neurohealth, operating under the name Bancroft Neurohealth A New Jersey Non Profit Corporation, is located in Cherry Hill, NJ. The organization was established in 1929. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Bancroft Neurohealth A New Jersey Non Profit Corporation employed 3,697 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bancroft Neurohealth A New Jersey Non Profit Corporation 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, Bancroft Neurohealth A New Jersey Non Profit Corporation generated $198.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $197.0m during the year ending 06/2021. While expenses have increased by 6.8% 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
PROGRAMS AND SERVICES FOR INDIVIDUALS WITH A VARIETY OF CHALLENGING DIAGNOSES,(SEE SCHEDULE O) INCLUDING AUTISM, OTHER INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, BRAIN INJURY AND SEVERE BEHAVIOR DISORDERS WITHIN OUR PROGRAMS, IN OUR FACILITIES AND IN-HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OINTEGRATED HEALTH & WELLNESS: BANCROFT HEALTHCARE SERVICES ARE PROVIDED ON-SITE AND IN-PROGRAM BY A SPECIALIZED TEAM OF LICENSED INDEPENDENT PRACTITIONERS. THE TEAM IS RESPONSIBLE FOR INTERLACING MEDICAL CARE AND COORDINATING APPOINTMENTS AND MEDICAL INFORMATION FOR THE BETTERMENT OF THOSE WE SERVE. ONSITE MEDICAL AND PSYCHIATRY CARE IS AVAILABLE IN MANY LOCATIONS. APPLIED BEHAVIOR ANALYSIS CENTER OF EXCELLENCE: DEDICATED TO ACHIEVING EVIDENCE-BASED OUTCOMES, BANCROFT'S ABA CENTER OF EXCELLENCE IS A UNIQUE RESOURCE IN THE REGION PROVIDING A TRULY UNPARALLELED PATH TO QUALITY OF LIFE FOR CHILDREN, ADULTS AND THEIR FAMILIES WHILE ENSURING INTERNAL CLINICAL QUALITY.BANCROFT NEUROREHAB: WORKING WITH INDIVIDUALS WITH NEUROLOGICAL AND DEVELOPMENTAL CHALLENGES, WE OPTIMIZE FUNCTIONING ACROSS ENVIRONMENTS THROUGH EVIDENCE-BASED EDUCATIONAL, CONSULTATIVE, REHABILITATION THERAPIES AND ACCESSIBILITY SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Pergolin President And CEO | OfficerTrustee | 44 | $787,372 |
James Wellons Chief Legal Officer | 40 | $294,699 | |
James Carlino Chief Hr Officer | 40 | $239,545 | |
Dennis Morgan Senior Vp, Childrens Services | 40 | $238,972 | |
Susan Piergallini Chief Development Officer | 40 | $238,047 | |
Jane Femia Baider Senior Vp, Neurorehab | 40 | $233,763 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eaise Design & Landscaping Snow Removal | 6/29/21 | $633,120 |
Med-metrix Llc Revenue Recovery Services | 6/29/21 | $988,169 |
On Site Innovationsinc Occ. Health Services | 6/29/21 | $767,406 |
Voorhees Pediatric Rehab Services Rehab Services | 6/29/21 | $1,318,322 |
Ioa Re Llc Underwriting Services | 6/29/21 | $883,214 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $297,664 |
| Related organizations | $0 |
| Government grants | $3,547,997 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,072,686 |
| Noncash contributions included in lines 1a–1f | $79,318 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,918,347 |
| Total Program Service Revenue | $191,281,326 |
| Investment income | $1,681,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $948,979 |
| Net Income from Fundraising Events | $6,018 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,836,170 |
| 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. | $1,001,329 |
| Compensation of current officers, directors, key employees. | $1,001,329 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,775,757 |
| Pension plan accruals and contributions | $773,806 |
| Other employee benefits | $23,927,411 |
| Payroll taxes | $8,953,038 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $218,671 |
| Fees for services: Accounting | $219,504 |
| Fees for services: Lobbying | $120,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,619,530 |
| Advertising and promotion | $631,064 |
| Office expenses | $10,399,788 |
| Information technology | $1,656,632 |
| Royalties | $0 |
| Occupancy | $9,576,231 |
| Travel | $1,216,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $137,481 |
| Interest | $5,327,977 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,492,305 |
| Insurance | $2,246,642 |
| All other expenses | $0 |
| Total functional expenses | $196,972,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,760,948 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $70,898 |
| Accounts receivable, net | $26,077,911 |
| 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 | $2,495,132 |
| Net Land, buildings, and equipment | $110,492,475 |
| Investments—publicly traded securities | $28,529,600 |
| Investments—other securities | $0 |
| Investments—program-related | $57,633 |
| Intangible assets | $302,840 |
| Other assets | $45,613,901 |
| Total assets | $223,401,338 |
| Accounts payable and accrued expenses | $27,602,556 |
| Grants payable | $0 |
| Deferred revenue | $5,134,730 |
| Tax-exempt bond liabilities | $96,700,296 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,655,087 |
| Unsecured mortgages and notes payable | $35,421,538 |
| Other liabilities | $0 |
| Total liabilities | $174,514,207 |
| Net assets without donor restrictions | $45,878,453 |
| Net assets with donor restrictions | $3,008,678 |
| 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 | $223,401,338 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Bancroft Neurohealth has recieved totaling $161,908.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | | $37,500 |
Kessler Foundation Inc East Hanover, NJ PURPOSE: COMMUNITY EMPLOYMENT | $30,000 |
Philadelphia Foundation Philadelphia, PA PURPOSE: BANCROFT NEUROHEALTH- ASSISTIVE TECHNOLOGY (AT) PROGRAM | $30,000 |
Wicks Chapin Inc Piscataway, NJ PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE | $27,500 |
Pincus Family Foundation Wilmington, DE PURPOSE: SENSORY PLAYGROUND EQUIPMENT FUND | $24,800 |
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | | $5,403 |
Endowment Analysis
| Beg. Balance | $2,033,946 |
| Ending Balance | $2,033,946 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Resources For Human Development Inc Philadelphia, PA | $100,430,605 | $273,648,038 |
Sco Family Of Services Glen Cove, NY | $156,836,861 | $250,097,948 |
Diakon Lutheran Social Ministries Topton, PA | $386,157,456 | $256,714,517 |
Bancroft Neurohealth Cherry Hill, NJ | $223,401,338 | $198,836,170 |
Bowery Residents Committee Inc New York, NY | $80,406,684 | $138,461,916 |
Rising Ground Inc Brooklyn, NY | $83,365,345 | $129,310,965 |
Catholic Charities Neighborhood Services Inc Brooklyn, NY | $32,235,600 | $116,003,581 |
Good Shepherd Services New York, NY | $154,839,651 | $104,443,778 |
Selfhelp Community Services Inc New York, NY | $84,510,412 | $100,626,590 |
Heart Share Human Services Of New York Brooklyn, NY | $135,027,359 | $103,566,344 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |