Fiver Childrens Foundation Inc
- Assets
- $3.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 74
- Location
- New York, NY
- Founding
- 10/1998
- Data as of
- 01/2022
- EIN
- 13-3993633
Organization Overview
Fiver Childrens Foundation Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 01/2022, Fiver Childrens Foundation Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiver Childrens Foundation 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 01/2022, Fiver Childrens Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.2m during the year ending 01/2022. While expenses have increased by 4.3% 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
THROUGH OUR ONE-OF-A-KIND TEN-YEAR COMMITMENT, FIVER PROVIDES EXPERIENCES THAT CHALLENGE AND BUILDS RELATIONSHIPS THAT NURTURE SO THAT YOUTH FROM SYSTEMICALLY UNDER-RESOURCED COMMUNITIES IN NEW YORK CAN CREATE THEIR OWN POSITIVE FUTURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT- FIVER PROVIDES COUNSELING, MENTORING, AND OTHER SUPPORT TO YOUTH FROM UNDERSERVED COMMUNITIES, INCLUDING OVER 400 CHILDREN THAT ATTENDED CAMP FIVER DURING THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Ko Executive Director | Officer | 40 | $150,979 |
Mary Dinski Deputy Executive Director | 40 | $107,009 | |
Mary Kay Dunning Secretary | OfficerTrustee | 1 | $0 |
Eric Weng Director | OfficerTrustee | 1 | $0 |
James Roper Chairman | OfficerTrustee | 1 | $0 |
Thomas Tucker Chairman Emeritus | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $673,252 |
| Related organizations | $0 |
| Government grants | $100,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,764,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,539,218 |
| Total Program Service Revenue | $0 |
| Investment income | $1,309 |
| 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 | $2,542,861 |
| 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. | $151,123 |
| Compensation of current officers, directors, key employees. | $15,112 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $937,911 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,925 |
| Payroll taxes | $92,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,275 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,560 |
| Office expenses | $23,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $251,847 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $355 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $144,603 |
| Insurance | $70,972 |
| All other expenses | $115,734 |
| Total functional expenses | $2,246,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $961,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $83,324 |
| 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 | $25,684 |
| Net Land, buildings, and equipment | $2,466,235 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $70,500 |
| Total assets | $3,607,392 |
| Accounts payable and accrued expenses | $50,566 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| 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 | $19,334 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,900 |
| Net assets without donor restrictions | $3,431,992 |
| Net assets with donor restrictions | $85,500 |
| 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 | $3,607,392 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fiver Childrens Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Bresnan Family Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jpc Charities Newark, NJ | $110,330,624 | $14,483,540 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Deal Sephardic Youth Center Inc Oakhurst, NJ | $15,545,893 | $7,918,218 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |
Nyc Kids Rise Inc Long Island City, NY | $4,984,268 | $4,157,127 |