New Alternatives For Children Inc
- Assets
- $18.7m
- Revenue
- $35.3m
- Investments
- $0.0
- Employees
- 496
- Location
- New York, NY
- Founding
- 05/1983
- Data as of
- 06/2022
- EIN
- 13-3149298
Organization Overview
New Alternatives For Children Inc is located in New York, NY. The organization was established in 1983. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 06/2022, New Alternatives For Children Inc employed 496 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Alternatives For 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 06/2022, New Alternatives For Children Inc generated $35.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $29.5m during the year ending 06/2022. While expenses have increased by 5.0% 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
OPENING DOORS TO CHILDREN WITH SPECIAL HEALTHCARE NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER CARE AND ADOPTION PROGRAMS INCLUDE SPECIALIZED FOSTER CARE FOR CHILDREN WHO ARE MEDICALLY COMPLEX, HAVE A DEVELOPMENTAL DISABILITY, HIV, OR WHO HAVE CO-OCCURRING MEDICAL AND MENTAL NEEDS. NEW ALTERNATIVES FOR CHILDREN PROVIDES ACS-CONTRACTED FOSTER CARE AND PREPARING YOUTH FOR ADULTHOOD SERVICES, WHICH TEACHES INDEPENDENT LIVING SKILLS FOR YOUTH IN FOSTER CARE. THE GOAL IS TO ASSURE PERMANENCY, SAFETY, AND WELLBEING. APPROXIMATELY 50% OF NAC CHILDREN ARE RETURNED TO THEIR BIRTH FAMILIES AND 50% ARE ADOPTED BY THEIR FOSTER FAMILY. CHILDREN AT NAC DO NOT AGE OUT OF FOSTER CARE AND LEAVE WITH A PERMANENT RESOURCE. NAC ALSO HAS A SIGNIFICANT KINSHIP PROGRAM, AND FAIR FUTURES.
ADDITIONAL COMPREHENSIVE PROGRAMS THAT PROVIDE MEDICAL AND MENTAL HEALTH SERVICES THROUGH ARTICLE 28 AND ARTICLE 31 CLINICS AND FOSTER CARE AND PREVENTIVE AFTER CARE SERVICES TO MEDICALLY COMPLEX CHILDREN. PROGRAMS SUCH AS HEALTHY AT HOME, THE PETER HAJE CENTER FOR AUTISM, CHILDREN'S HEALTH HOMES WHICH PROVIDES COMPREHENSIVE CLINICAL SUPPORT SERVICES TO NAC FAMILIES.
NAC PREVENTIVE SERVICES PROGRAM PROVIDES FAMILY STRENGTH-BASED SERVICES FOR BIRTH FAMILIES TO PREVENT THE PLACEMENT INTO FOSTER CARE OF CHILDREN WHO MAY BE AT RISK OF ABUSE/NEGLECT. NEW ALTERNATIVES PROVIDES INTENSIVE FAMILY SUPPORT AND THERAPUTIC SERVICES FOR THE MOST VULNERABLE CHILDREN IN NYC. SERVICES INCLUDE MENTAL HEALTH TREATMENT, PSYCHOLOGICAL TESTING, GROUP SERVICES, AND EDUCATIONAL SERVICES FOR PARENTS AND CHILDREN. 98% OF NAC CHILDREN IN PREVENTION DO NOT ENTER FOSTER CARE. ALL CASES ARE REVIEWED IN REGULAR CLINICAL CASE REVIEWS TO MEASURE PROGRESS AND GAINS. OUR EVIDENCED BASED BUILDING BLOCKS PROGRAMS HELP FAMILIES WITH BONDING AND ATTACHMENT ISSUES.
CHAMPIONS FOR CHILDREN'S HEALTH PROGRAM - NAC SERVES AS A CARE MANAGEMENT AGENCY AS PART OF THE NEW YORK STATE MEDICAID HEALTH HOME PROGRAM. WITH A TEAM OF MASTER'S LEVEL CARE MANAGERS, NAC'S CHAMPIONS FOR CHILDREN'S HEALTH (C4CH) PROGRAM OFFERS INDIVIDUALIZED CASE MANAGEMENT AND CARE COORDINATION TO CHILDREN UP TO AGE 21 WHO HAVE SIGNIFICANT MEDICAL, DEVELOPMENTAL AND BEHAVIORAL HEALTH NEEDS.CHAMPIONS FOR CHILDREN'S HEALTH IS A FAMILY-CENTERED, VOLUNTARY HEALTHCARE SERVICE FOR NAC FAMILIES AND IS COMPLETELY SEPARATE FROM THE CHILD WELFARE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Sorkin President | OfficerTrustee | 5 | $0 |
Vivian Farah Vice-President | OfficerTrustee | 5 | $0 |
Jonathan A Knee ESQ Vice-President | OfficerTrustee | 5 | $0 |
Adam F Epstein Treasurer | OfficerTrustee | 5 | $0 |
Barbara Rauch Secretary | OfficerTrustee | 5 | $0 |
Elizabeth S Pforzheimer Director/chair, Nominating | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mindcore It | 6/29/22 | $493,273 |
James Abramsom Legal | 6/29/22 | $159,038 |
Mazars Usa Auditing | 6/29/22 | $167,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,402,395 |
| Related organizations | $0 |
| Government grants | $3,004,574 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,899,072 |
| Noncash contributions included in lines 1a–1f | $139,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,306,041 |
| Total Program Service Revenue | $25,030,102 |
| Investment income | $622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$100,110 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,313,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,781,420 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,349,500 |
| Compensation of current officers, directors, key employees. | $186,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,891,212 |
| Pension plan accruals and contributions | $37,109 |
| Other employee benefits | $1,575,004 |
| Payroll taxes | $1,331,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $249,903 |
| Fees for services: Accounting | $146,360 |
| Fees for services: Lobbying | $91,650 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $527,705 |
| Advertising and promotion | $65,862 |
| Office expenses | $448,649 |
| Information technology | $481,334 |
| Royalties | $0 |
| Occupancy | $1,737,660 |
| Travel | $624,009 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $46,936 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $705,033 |
| Insurance | $585,469 |
| All other expenses | $236,036 |
| Total functional expenses | $29,486,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $638,624 |
| Savings and temporary cash investments | $35,193 |
| Pledges and grants receivable | $6,558,835 |
| Accounts receivable, net | $8,790,063 |
| 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 | $57,545 |
| Net Land, buildings, and equipment | $2,407,269 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $234,652 |
| Total assets | $18,722,181 |
| Accounts payable and accrued expenses | $2,543,200 |
| Grants payable | $0 |
| Deferred revenue | $18,356 |
| 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 | $154,912 |
| Total liabilities | $2,716,468 |
| Net assets without donor restrictions | $8,845,866 |
| Net assets with donor restrictions | $7,159,847 |
| 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 | $18,722,181 |