Educational Alliance Inc
- Assets
- $44.8m
- Revenue
- $39.1m
- Investments
- $0.0
- Employees
- 745
- Location
- New York, NY
- Founding
- 01/1944
- Data as of
- 06/2021
- EIN
- 13-5562210
Organization Overview
Educational Alliance Inc, operating under the name The 14th Street Y, is located in New York, NY. The organization was established in 1944. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, 14th Street Y employed 745 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 14th Street Y 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 06/2021, 14th Street Y generated $39.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $37.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EDUCATIONAL ALLIANCE CHANGES LIVES FOR THE BETTER AND ENRICHES THE COMMUNITIES OF DOWNTOWN MANHATTAN. THE ALLIANCE EDUCATES, PROVIDES COMFORT AND SOCIAL SERVICES, EXPOSES PEOPLE TO THE ARTS, PROMOTES HEALTH AND WELL-BEING, AND BRINGS PEOPLE OF ALL AGES AND BACKGROUNDS TOGETHER TO LEARN, CREATE, AND PLAY. PROGRAMS INCLUDED HEAD START, PRESCHOOLS, AFTER-SCHOOL PROGRAMS, TEEN CENTER, AN ART SCHOOL, FITNESS PROGRAMS, SENIOR CENTERS, ADDICTION TREATMENT, SUMMER CAMPS AND EMPLOYMENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEHAVIORAL HEALTH SERVICES: THIS COMPREHENSIVE PROGRAM IS BASED AT RESIDENTIAL THERAPEUTIC COMMUNITIES AND OUTPATIENT FACILITES PROVIDING EDUCATION, COUNSELING, VOCATIONAL TRAINING, FAMILY REUNIFICATION AND ADDICTION SERVICES. OUTPATIENT SERVICES ALSO INCLUDE PREVENTION SERVICES TARGETING ADOLESCENTS AND SENIORS.
THE 14TH ST Y: THIS EDUCATIONAL ALLIANCE HUB IS THE ONLY JEWISH COMMUNITY CENTER FROM 14TH STREET AND SOUTH. IN ADDITION TO SERVING BOTH CHILDREN AND THEIR FAMILIES WITH A PRESCHOOL AND A PARENTING FAMILY CENTER, THE Y PROVIDES YOUTH, FAMILIES AND SENIORS WITH ART CLASSES, FITNESS CLASSES, AFTER-SCHOOL PROGRAMS, SUMMER DAY CAMPS, SPORTS LEAGUES, THEATRE PRODUCTIONS AND A VARIETY OF JEWISH LIFE AND LEARNING PROGRAMS.
CHILDREN AND FAMILY SERVICES: THESE PROGRAMS FOCUS ON FACILITATION OF CHILDREN'S SOCIAL, EMOTIONAL, PHYSICAL AND INTELLECTUAL GROWTH AND ARE OFFERED IN A COMMUNITY CENTER, FOUR PUBLIC SCHOOLS, AND THROUGH HOME-BASED SERVICES FOR INFANTS. HEAD START AND EARLY HEAD START PROVIDE AN ARRAY OF COMPREHENSIVE SERVICES TO FAMILIES WITH INFANTS AND YOUNG CHILDREN AS WELL AS TO EXPECTANT PARENTS, INCLUDING DEVELOPMENT SCREENINGS, HEALTHY MEALS, PARENTING EDUCATION AND ASSISTANCE, SECURING EMPLOYMENT, HOUSING ISSUES, AND HEALTHCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Van Capelle President/ceo | Officer | 40 | $401,989 |
Anya Hoerburger Sr. VP External Engagement | 40 | $266,688 | |
Mark Enselman Cfo/chief Administrative Officer | Officer | 40 | $217,010 |
Donna Lawrence Evp | 40 | $200,536 | |
Jill Olonoff Controller | 40 | $181,219 | |
Joseph Tarver VP Operations & Rm | 40 | $164,408 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Exos Community Services Llc Fitness Consultant | 6/29/21 | $516,760 |
Umvlt Llc It Services | 6/29/21 | $465,944 |
Platt Byard Dovell White Llp Architectural Services | 6/29/21 | $218,429 |
Marks Paneth Llp Accounting Services | 6/29/21 | $118,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,619,450 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $852,000 |
| Government grants | $17,978,926 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,161,934 |
| Noncash contributions included in lines 1a–1f | $78,459 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,612,310 |
| Total Program Service Revenue | $8,057,994 |
| Investment income | $237,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $44,805 |
| Net Gain/Loss on Asset Sales | $1,053,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,086,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $292,462 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $631,621 |
| Compensation of current officers, directors, key employees. | $610,699 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,152,010 |
| Pension plan accruals and contributions | $1,230,085 |
| Other employee benefits | $2,438,965 |
| Payroll taxes | $1,719,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $426,760 |
| Fees for services: Accounting | $154,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $93,921 |
| Fees for services: Other | $2,062,747 |
| Advertising and promotion | $201,824 |
| Office expenses | $955,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,660,815 |
| Travel | $79,289 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $161,310 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,003,185 |
| Insurance | $365,407 |
| All other expenses | $382,765 |
| Total functional expenses | $37,487,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,092,988 |
| Savings and temporary cash investments | $363,982 |
| Pledges and grants receivable | $9,642,634 |
| Accounts receivable, net | $1,847,684 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $181,793 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,044,500 |
| Net Land, buildings, and equipment | $16,443,050 |
| Investments—publicly traded securities | $10,159,530 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,976,961 |
| Total assets | $44,753,122 |
| Accounts payable and accrued expenses | $5,745,974 |
| Grants payable | $0 |
| Deferred revenue | $8,951,069 |
| 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 | $1,790,529 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $12,537,060 |
| Total liabilities | $29,524,632 |
| Net assets without donor restrictions | $2,294,584 |
| Net assets with donor restrictions | $12,933,906 |
| 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 | $44,753,122 |
Grants Recieved
Over the last fiscal year, we have identified 55 grants that Educational Alliance Inc has recieved totaling $3,639,866.
| Awarding Organization | Amount |
|---|---|
Baron Capital Foundation New York, NY PURPOSE: GENERAL SUPPORT | $1,600,000 |
Baron Capital Foundation New York, NY PURPOSE: GENERAL SUPPORT | $400,000 |
Tiger Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: FAMILY DEVELOPMENT PROGRAMS | $150,000 |
William J & Dorothy K Oneill Foundation Inc Cleveland, OH PURPOSE: FAMILY DEVELOPMENT PROGRAMS | $150,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: SUPPORTING THE MENTAL AND PHYSICAL WELL-BEING OF AT-RISK OLDER ADULTS TO AGE WITH DIGNITY | $100,000 |
Endowment Analysis
| Beg. Balance | $11,714,984 |
| Earnings | $2,850,650 |
| Net Contributions | $40,000 |
| Other Expense | $2,406,773 |
| Ending Balance | $12,198,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Ground Inc Brooklyn, NY | $83,365,345 | $129,310,965 |
Dalio Family Fund Inc Westport, CT | $3,471,122,443 | $134,784,215 |
Catholic Charities Neighborhood Services Inc Brooklyn, NY | $32,235,600 | $116,003,581 |
Good Shepherd Services New York, NY | $154,839,651 | $104,443,778 |
Selfhelp Community Services Inc New York, NY | $84,510,412 | $100,626,590 |
Heart Share Human Services Of New York Brooklyn, NY | $135,027,359 | $103,566,344 |
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |