Franziska Racker Centers Inc
- Assets
- $26.7m
- Revenue
- $41.9m
- Investments
- $406.3k
- Employees
- 955
- Location
- Ithaca, NY
- Founding
- 01/1969
- Data as of
- 12/2021
- EIN
- 15-0581887
Organization Overview
Franziska Racker Centers Inc is located in Ithaca, NY. The organization was established in 1969. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Franziska Racker Centers Inc employed 955 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franziska Racker Centers 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 12/2021, Franziska Racker Centers Inc generated $41.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $41.2m during the year ending 12/2021. While expenses have increased by 2.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE SUPPORT PEOPLE WITH DISABILITIES AND THEIR FAMILIES TO LEAD FULFILLING LIVES BY PROVIDING OPPORTUNITIES TO LEARN AND BE CONNECTED WITH OTHERS.
Describe the Organization's Program Activity:
RESIDENTIAL SERVICES:FRANZISKA RACKER CENTERS PROVIDES COMPREHENSIVE RESIDENTIAL SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.
CHILDREN'S AND CLINICAL SERVICES:TEACHERS, THERAPISTS, SOCIAL WORKERS AND PSYCHOLOGISTS PROVIDE EVALUATION, EDUCATION & THERAPEUTIC SERVICES TO CHILDREN WITH DISABILITIES.
SELF DIRECTED SERVICES:FRANZISKA RACKER CENTERS EMPOWERS PEOPLE TO DESIGN SUPPORTS BASED ON THEIR UNIQUE STRENGTHS AND NEEDS SO THEY CAN LIVE THE LIFE THEY WANT. INDIVIDUALS AND FAMILIES WORK TOGETHER WITH A TEAM TO CUSTOMIZE SERVICES SUCH AS COMMUNITY HABILITATION, RESPITE, AND MORE.
COMMUNITY SUPPORT SERVICES AND COUNSELING FOR SCHOOL SUCCESS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Brown Executive Director | Officer | 37.5 | $226,804 |
Christine Donovan Highest Compensated Ee | 37.5 | $158,459 | |
Cecilia Campbell Highest Compensated Ee | 37.5 | $124,199 | |
Michael Leiter Highest Compensated Ee | 37.5 | $123,773 | |
Monica Van Houten Highest Compensated Ee | 37.5 | $122,816 | |
Bethany Brown Highest Compensated Ee | 37.5 | $116,445 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Laura Dibble Md Psychiatrist | 12/30/18 | $229,600 |
Marlea Allan Np Nurse Practitioner | 12/30/18 | $140,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $183,070 |
| Related organizations | $0 |
| Government grants | $5,372,963 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,059 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,947,092 |
| Total Program Service Revenue | $35,314,113 |
| Investment income | $75,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $198,089 |
| Net Income from Fundraising Events | -$19,807 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,949,573 |
| 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. | $269,709 |
| Compensation of current officers, directors, key employees. | $269,709 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,379,788 |
| Pension plan accruals and contributions | $335,469 |
| Other employee benefits | $3,555,276 |
| Payroll taxes | $2,069,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $832,541 |
| Advertising and promotion | $116,256 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,858,394 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $240,745 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $565,562 |
| Insurance | $284,769 |
| All other expenses | $1,168,733 |
| Total functional expenses | $41,184,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,503,307 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $333,330 |
| Accounts receivable, net | $4,913,542 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,564 |
| Prepaid expenses and deferred charges | $294,436 |
| Net Land, buildings, and equipment | $13,169,548 |
| Investments—publicly traded securities | $3,685,278 |
| Investments—other securities | $406,338 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,428,912 |
| Total assets | $26,737,255 |
| Accounts payable and accrued expenses | $4,209,373 |
| Grants payable | $0 |
| Deferred revenue | $234,926 |
| Tax-exempt bond liabilities | $2,204,959 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $601,780 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,251,038 |
| Net assets without donor restrictions | $17,257,391 |
| Net assets with donor restrictions | $2,228,826 |
| 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 | $26,737,255 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Franziska Racker Centers Inc has recieved totaling $114,400.
| Awarding Organization | Amount |
|---|---|
Tompkins Charitable Gift Fund Inc Ithaca, NY PURPOSE: FURTHERANCE OF TAX EXEMPT PURPOSE | $42,099 |
United Way Of Tompkins County Inc Ithaca, NY PURPOSE: GENERAL ASSISTANCE | $14,666 |
Floyd Hooker Foundation Soldotna, AK PURPOSE: RACKERS ACCESSIBLE PLAYGROUND | $13,710 |
George V And Jean A Smith Charitable Trust Ust 017999 Ithaca, NY PURPOSE: CHARITABLE | $12,000 |
Central New York Community Foundation Inc Syracuse, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Foundation For Jewish Philanthropies Getzville, NY PURPOSE: GENERAL PURPOSES | $10,000 |
Endowment Analysis
| Beg. Balance | $249,267 |
| Earnings | $32,107 |
| Net Contributions | $9,281 |
| Ending Balance | $290,655 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysarc Inc Brookville, NY | $162,532,221 | $126,795,772 |
New England Center For Children Inc Southborough, MA | $72,482,909 | $120,831,063 |
Developmental Disabilities Institute Inc Smithtown, NY | $94,736,827 | $119,037,675 |
Welllife Network Inc Flushing, NY | $106,314,124 | $116,433,235 |
Heritage Christian Services Inc Rochester, NY | $62,213,014 | $106,241,069 |
Nysarc Inc Johnstown, NY | $68,803,366 | $107,283,357 |
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |