New York Council On Adoptable Children Inc
- Assets
- $899.0k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 31
- Location
- New York, NY
- Founding
- 03/1973
- Data as of
- 06/2021
- EIN
- 23-7269678
Organization Overview
New York Council On Adoptable Children Inc is located in New York, NY. The organization was established in 1973. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 06/2021, New York Council On Adoptable Children Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York Council On Adoptable Children Inc 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, New York Council On Adoptable Children Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 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
THE ORGANIZATION PROACTIVELY IDENTIFIES, DEVELOPS, RECRUITS, STABILIZES AND STRENGTHENS FAMILY SYSTEMS TO PROVIDE PERMANENT, LOVING AND NURTURING HOMES TO ALL CHILDREN. COAC'S VISION IS TO ENSURE THAT EVERY CHILD HAS A PERMANENT, LOVING AND NURTURING HOME AND FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXEMPT PURPOSE ACHIEVED THROUGH VARIOUS GOVERNMENT-FUNDED PROGRAMS, EACH OF WHICH HAS MEASUREMENT CRITERIA THAT HAVE BEEN FULFILLED BY THE ORGANIZATION AND FOR WHICH FUNDING HAS BEEN SUPPLEMENTED BY DONATIONS FROM PRIVATE CORPORATIONS AND FOUNDATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Buttaro Executive Director | Officer | 40 | $171,201 |
Brendan Garrone Director | Trustee | 1.25 | $0 |
Alam Scott-Buczak Board President | Trustee | 1.25 | $0 |
Pedro Pile Treasurer | Trustee | 1.25 | $0 |
Maegan Van Harte Director | Trustee | 1.25 | $0 |
Kelly J Garrone Vice President | Trustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,731,173 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,720 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,754,893 |
| Total Program Service Revenue | $0 |
| Investment income | $224 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,755,117 |
| 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. | $176,057 |
| Compensation of current officers, directors, key employees. | $20,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,009,615 |
| Pension plan accruals and contributions | $19,517 |
| Other employee benefits | $121,993 |
| Payroll taxes | $112,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,884 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $75,037 |
| Advertising and promotion | $0 |
| Office expenses | $44,725 |
| Information technology | $58,381 |
| Royalties | $0 |
| Occupancy | $151,769 |
| Travel | $5,741 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,612 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,242 |
| Insurance | $51,582 |
| All other expenses | $497 |
| Total functional expenses | $1,935,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,216 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $510,774 |
| Accounts receivable, net | $0 |
| 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 | $735 |
| Net Land, buildings, and equipment | $4,437 |
| Investments—publicly traded securities | $16,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,575 |
| Total assets | $899,039 |
| Accounts payable and accrued expenses | $238,822 |
| 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 | $447,710 |
| Other liabilities | $11,949 |
| Total liabilities | $698,481 |
| Net assets without donor restrictions | $190,558 |
| Net assets with donor restrictions | $10,000 |
| 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 | $899,039 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that New York Council On Adoptable Children Inc has recieved totaling $239,441.
| Awarding Organization | Amount |
|---|---|
Van Ameringen Foundation Inc New York, NY PURPOSE: TO PROVIDE MORE IN-DEPTH MENTAL HEALTH CARE TO FAMILIES ADOPTING SOME OF THE MOST TRAUMATIZED CHILDREN IN NEW YORK CITYS FOSTER CARE SYSTEM. | $150,000 |
Van Ameringen Foundation Inc New York, NY PURPOSE: TO PROVIDE MORE IN-DEPTH MENTAL HEALTH CARE TO FAMILIES ADOPTING SOME OF THE MOST TRAUMATIZED CHILDREN IN NEW YORK CITYS FOSTER CARE SYSTEM. | $75,000 |
New Yorkers For Children Inc New York, NY PURPOSE: TO SUPPORT THE POST PERMANENCY SUPPORT PROGRAM. | $14,326 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |
Spence-Chapin Services To Families And Children New York, NY | $55,626,653 | $6,889,323 |
Adoptions From The Heart Inc Wynnewood, PA | $4,106,626 | $4,132,540 |
Jewish Family Service Of Metrowest Inc Framingham, MA | $7,697,160 | $4,122,609 |
Childrens Aid Home Programs Of Somerset County Inc Somerset, PA | $454,918 | $3,534,315 |
Three Rivers Adoption Council Pittsburgh, PA | $2,802,890 | $3,351,442 |
Adoption S T A R Inc Amherst, NY | $4,391,304 | $2,204,683 |
Adoptions With Love Inc Newton, MA | $6,854,503 | $2,266,222 |
Adoption Connection Pa Beaver, PA | $2,468,328 | $2,346,082 |
New York Council On Adoptable Children Inc New York, NY | $899,039 | $1,755,117 |
Massachusetts Adoption Resource Exchange Inc Newton, MA | $742,021 | $1,930,540 |
Alliance For Children Inc Needham, MA | $373,435 | $1,274,466 |