Downey Side Inc
- Assets
- $107.1k
- Revenue
- $375.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Yonkers, NY
- Founding
- 05/1968
- Data as of
- 06/2022
- EIN
- 04-2441463
Organization Overview
Downey Side Inc is located in Yonkers, NY. The organization was established in 1968. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downey Side 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 06/2022, Downey Side Inc generated $375.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $291.1k during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FULL SERVICE ADOPTION AGENCY FOR OLDER HOMELESS CHILDREN AGES 7 TO 17. RECRUITMENT OF FAMILIES, SUPPORTING PARENTS THROUGH PLACEMENT PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FULL SERVICE ADOPTION AGENCY FOR OLDER HOMELESS CHILDREN AGES 7 TO 17. RECRUITMENT OF FAMILIES, SUPPORTING PARENTS THROUGH PLACEMENT PROCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Br Terence Taffe Ofm Executive Dir. | OfficerTrustee | 45 | $36,326 |
James Tourelotte ESQ Vice President | OfficerTrustee | 1 | $0 |
Tim Hart President | OfficerTrustee | 1 | $0 |
Todd Broccolo Treasurer | OfficerTrustee | 1 | $0 |
Eric Malinowski ESQ Secretary | OfficerTrustee | 1 | $0 |
FR Francis Gasparik Ofm Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $72,007 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,046 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,053 |
| Total Program Service Revenue | $183,555 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,376 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,366 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,827 |
| 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. | $36,326 |
| Compensation of current officers, directors, key employees. | $5,449 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $780 |
| Office expenses | $10,529 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,700 |
| Travel | $4,682 |
| 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 | $0 |
| Insurance | $27,931 |
| All other expenses | $6,043 |
| Total functional expenses | $291,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,229 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,848 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $107,077 |
| Accounts payable and accrued expenses | $2,568 |
| 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 | $0 |
| Other liabilities | $44,517 |
| Total liabilities | $47,085 |
| Net assets without donor restrictions | $59,992 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $107,077 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downey Side Inc has recieved totaling $20,677.
| Awarding Organization | Amount |
|---|---|
Financial Communications Society Westfield, NJ PURPOSE: PROGRAM SUPPORT | $20,677 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Vincents Services Inc Brooklyn, NY | $56,327,989 | $54,283,078 |
Mercyfirst Syosset, NY | $24,629,062 | $46,422,164 |
Forestdale Inc Forest Hills, NY | $34,766,990 | $33,843,723 |
New Alternatives For Children Inc New York, NY | $14,403,157 | $29,422,220 |
Bair Foundation New Wilmington, PA | $2,726,710 | $26,265,407 |
Hopewell Inc Dedham, MA | $14,910,538 | $21,131,703 |
Bair Foundation Of Pennsylvania New Wilmington, PA | $4,400,305 | $17,358,075 |
Bair Foundation Of Texas New Wilmington, PA | $1,144,889 | $8,905,447 |
Tabor Childrens Services Inc Philadelphia, PA | $5,265,944 | $8,132,394 |
Alliance Human Services Inc Southborough, MA | $2,629,304 | $7,759,450 |
Mountain Lake Childrens Residence Inc Lake Placid, NY | $5,650,108 | $7,132,040 |
Childrens Choice Of Maryland Inc Bellmawr, NJ | $2,034,719 | $6,054,965 |