Spence-Chapin Services To Families And Children is located in New York, NY. The organization was established in 1968. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 06/2023, Spence-Chapin Services To Families And Children employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spence-Chapin Services To Families And Children 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, Spence-Chapin Services To Families And Children generated $10.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $7.5m during the year ending 06/2023. While expenses have increased by 1.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SPENCE-CHAPIN IS TO HELP FIND LOVING FAMILIES FOR CHILDREN WHATEVER THEIR NEEDS OR CIRCUMSTANCES AND PROVIDE COUNSELING AND SUPPORT FOR ALL CHILDREN AND THE FAMILIES TO WHOM THEY HAVE BEEN BORN OR ENTRUSTED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION PROGRAMS:DOMESTIC ADOPTION PROGRAM: WE FIND FAMILIES FOR INFANTS AND CHILDREN DOMESTICALLY. WE PREPARE FAMILIES FOR ADOPTION THROUGH TRAININGS, COUNSELING, AND SUPPORT PRIOR TO AND AFTER PLACEMENT.INTERNATIONAL ADOPTION: WE FIND FAMILIES FOR CHILDREN FROM THREE COUNTRIES (SOUTH AFRICA, BULGARIA, AND COLOMBIA),AND PROVIDE TRAINING, SUPPORT, AND ONGOING SERVICES TO THE FAMILY AND THE CHILD. SPECIAL NEEDS ADOPTION: WE PLACE CHILDREN WITH SIGNIFICANT MEDICAL CHALLENGES INCLUDING, BUT NOT LIMITED TO, RARE GENETIC DISORDERS, CHRONIC DISABILITIES, AND PRENATAL EXPOSURE TO DRUG AND ALCOHOL. WE PROVIDE EXTENSIVE EDUCATION TO POTENTIAL FAMILIES ABOUT EACH CHILD'S SPECIFIC NEEDS TO ENSURE THAT THEY ARE PREPARED FOR THE CHALLENGES OF PARENTING CHILDREN WHO HAVE COMPLEX MEDICAL HISTORIES/DIAGNOSES.
CLINICAL SERVICES:THERAPY AND COMMUNITY ENGAGEMENTS:WE PROVIDE ONGOING SUPPORT AND THERAPY TO ALL INDIVIDUALS CONNECTED TO ADOPTION. WE BUILD COMMUNITY AND AWARENESS THROUGH SOCIAL AND THERAPEUTIC COMMUNITY EVENTS AND ENGAGEMENTS FOR CHILDREN AND ADULTS CONNECTED TO ADOPTION. SERVICES FOR BIRTH AND EXPECTANT WOMEN AND FAMILIES: WE PROVIDE COMPREHENSIVE OPTIONS COUNSELING TO WOMEN AND THEIR PARTNERS WHO ARE CONTEMPLATING AN ADOPTION BEFORE OR AFTER BIRTH. SPENCE-CHAPIN PROVIDES THE OPTION OF INTERIM CARE FOR THE BABY AND COVERS ALL SUPPLIES AND MEDICAL VISITS. FOR WOMEN WHO CHOOSE ADOPTION, SPENCE-CHAPIN OFFERS THEM COUNSELING AND SUPPORT THROUGH THE PROCESS, INCLUDING FREE INDEPENDENT LEGAL COUNSEL.COUNSELING AND COMMUNITY: WE PROVIDE SUPPORT, EDUCATION AND COUNSELING TO ADOPTIVE FAMILIES, ADOPTEES, AND BIRTH PARENTS. PROGRAMS INCLUDE EDUCATIONAL WORKSHOPS, GROUPS FOR YOUNG CHILDREN, MENTORSHIP PROGRAMS AND SUPPORT GROUPS. POST-ADOPTION SERVICES: WE PROVIDE PERSONAL ADOPTION HISTORIES TO INDIVIDUALS WHO MEET THE CRITERIA TO RECEIVE NON-IDENTIFYING INFORMATION UNDER THE APPLICABLE STATE LAW. WE OFFER CLINICAL SUPPORT FOR INDIVIDUAL(S) WHO ARE CONTEMPLATING OR HAVE BEEN IN REUNION WITH THEIR BIRTH FAMILY.
GRANNY AND GRANNY RELATED PROGRAMS:THE AGENCY ALSO HAS A THRIVING GRANNY PROGRAM OVERSEAS, WHERE WE ENSURE CHILDREN LIVING IN ORPHANAGES RECEIVE THE LOVE AND ATTENTION OF A DEDICATED PRIMARY CAREGIVER, A "GRANNY." THE RECRUITED GRANNIES PROVIDE ACTIVITIES THAT NURTURE PHYSICAL AND EMOTIONAL DEVELOPMENT OF CHILDREN RESIDING IN ORPHANAGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Britt Wallach Board Member | Trustee | 2 | $0 |
Catherine Rocco Goodwin Board Member | Trustee | 2 | $0 |
Chris Stoeckle Board Member | Trustee | 2 | $0 |
David A Barett Secretary | Trustee | 2 | $0 |
David Beach Board Member | Trustee | 2 | $0 |
Ian V Rowe Chairman | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Homefield It It Services | 6/29/23 | $140,442 |
Phillips Lytle Llp Legal Services | 6/29/23 | $127,660 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $217,577 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,087,709 |
Noncash contributions included in lines 1a–1f | $25,641 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,305,286 |
Total Program Service Revenue | $1,241,924 |
Investment income | $1,185,867 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,528,402 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,405,648 |
Net Income from Fundraising Events | -$31,900 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,636,696 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $93,126 |
Grants and other assistance to Foreign Orgs/Individuals | $749,556 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $690,872 |
Compensation of current officers, directors, key employees. | $340,526 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,801,953 |
Pension plan accruals and contributions | $125,364 |
Other employee benefits | $320,300 |
Payroll taxes | $301,363 |
Fees for services: Management | $0 |
Fees for services: Legal | $183,172 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $138,783 |
Fees for services: Other | $393,102 |
Advertising and promotion | $189,507 |
Office expenses | $190,383 |
Information technology | $195,299 |
Royalties | $0 |
Occupancy | $640,458 |
Travel | $66,614 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $81,840 |
Interest | $32,858 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $75,479 |
Insurance | $83,069 |
All other expenses | $7,509 |
Total functional expenses | $7,543,719 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $437,327 |
Savings and temporary cash investments | $3,124,899 |
Pledges and grants receivable | $22,750 |
Accounts receivable, net | $119,075 |
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 | $203,696 |
Net Land, buildings, and equipment | $616,339 |
Investments—publicly traded securities | $41,510,078 |
Investments—other securities | $9,895,996 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,487,122 |
Total assets | $63,417,282 |
Accounts payable and accrued expenses | $362,342 |
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 | $7,873,871 |
Total liabilities | $8,236,213 |
Net assets without donor restrictions | $49,581,643 |
Net assets with donor restrictions | $5,599,426 |
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 | $63,417,282 |