Long Island Adolescent And Family Services Inc is located in Stony Brook, NY. The organization was established in 1987. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2023, Long Island Adolescent And Family Services Inc employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Adolescent And Family Services 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 06/2023, Long Island Adolescent And Family Services Inc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR HOMELESS YOUTHS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAINTAINS FOUR COMMUNITY RESIDENCES FOR HOMELESS YOUTHS, AND PROVIDES SUPPORT SERVICES, EDUCATION AND SUPERVISION FOR THE YOUTHS WITHIN THEIR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Valerie Kopetic Executive Director | Officer | 40 | $170,000 |
Debby Posner Board Member | Trustee | 5 | $0 |
Scott Posner Board Member | Trustee | 5 | $0 |
Diana Weaving Board Member | Trustee | 0 | $0 |
Roger Weaving Board Member | Trustee | 5 | $0 |
Nancy Gerfo Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,984,999 |
Investment income | $2,802 |
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 | $4,017,344 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,407,412 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $515,039 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,752 |
Fees for services: Accounting | $103,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $26,876 |
Advertising and promotion | $67,579 |
Office expenses | $123,002 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $24,732 |
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 | $52,136 |
Insurance | $81,729 |
All other expenses | $348,149 |
Total functional expenses | $4,028,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $393,489 |
Savings and temporary cash investments | $552,376 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,353,364 |
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 | $58,577 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $341,503 |
Other assets | $18,470 |
Total assets | $2,717,779 |
Accounts payable and accrued expenses | $365,012 |
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 | $13,871 |
Total liabilities | $378,883 |
Net assets without donor restrictions | $2,338,896 |
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 | $2,717,779 |