Chances For Children-Ny Inc
- Assets
- $1.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Bronx, NY
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3482005
Organization Overview
Chances For Children-Ny Inc is located in Bronx, NY. The organization was established in 2015. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Chances For Children-Ny Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chances For Children-Ny 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, Chances For Children-Ny Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $815.1k during the year ending 12/2021. While expenses have increased by 29.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CLINICAL GROUP AND DYADIC SERVICES FOR FAMILIES WITH YOUNG CHILDREN TO STRENGTHEN CONTINUED -UNDERSTANDING, ENHANCE SENSITIVITY AND NURTURE RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CLINICAL GROUP AND DYADIC SERVICES FOR FAMILIES WITH YOUNG CHILDREN TO STRENGTHEN UNDERSTANDING, ENHANCE SENSITIVITY AND NURTURE RELATIONSHIPS.; SHARED PROGRAM RESULTS WITH OTHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silvia Juarez-Marazzo Co-Exec Dir Clinical | 40 | $133,500 | |
Hillary Mayers Director | Trustee | 15 | $25,660 |
Irina Babushkina Treasurer & Director | OfficerTrustee | 1 | $0 |
David Orr President & Chairperson | OfficerTrustee | 3 | $0 |
Rosemary Dooley Secretary & Director | OfficerTrustee | 1 | $0 |
Barbara Green Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $93,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,398,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,491,392 |
| Total Program Service Revenue | $18,900 |
| Investment income | $526 |
| 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 | $1,510,818 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $571,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,940 |
| Payroll taxes | $43,760 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,648 |
| Advertising and promotion | $0 |
| Office expenses | $5,922 |
| Information technology | $30,372 |
| Royalties | $0 |
| Occupancy | $21,513 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,475 |
| Insurance | $15,077 |
| All other expenses | $6,052 |
| Total functional expenses | $815,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,813 |
| Savings and temporary cash investments | $1,245,532 |
| Pledges and grants receivable | $268,942 |
| 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 | $14,909 |
| Net Land, buildings, and equipment | $28,879 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $1,781,075 |
| Accounts payable and accrued expenses | $27,079 |
| 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 | $0 |
| Total liabilities | $27,079 |
| Net assets without donor restrictions | $1,253,996 |
| Net assets with donor restrictions | $500,000 |
| 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 | $1,781,075 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Chances For Children-Ny Inc has recieved totaling $470,312.
| Awarding Organization | Amount |
|---|---|
Van Ameringen Foundation Inc New York, NY PURPOSE: RENEWED SUPPORT FOR EARLY INTERVENTION MENTAL HEALTH CARE FOR TEEN PARENTS, MANY IN THE FOSTER CARE SYSTEM ALREADY, AND THEIR CHILDREN. | $150,000 |
The Joseph H Flom Foundation New York, NY PURPOSE: FOR GENERAL OPERATING SUPPORT. | $100,000 |
Stella And Charles Guttman Foundation Inc New York, NY PURPOSE: IN SUPPORT OF DYADIC AND GROUP THERAPEUTIC SERVICES FOR FAMILIES WITH YOUNG CHILDREN IN THE BRONX | $75,000 |
Van Ameringen Foundation Inc New York, NY PURPOSE: RENEWED SUPPORT FOR EARLY INTERVENTION MENTAL HEALTH CARE FOR TEEN PARENTS, MANY IN THE FOSTER CARE SYSTEM ALREADY, AND THEIR CHILDREN. | $75,000 |
Independent Charitable Gift Fund Hudson, OH PURPOSE: GENERAL SUPPORT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
Local Union 164 Electrical Joint Apprenticeship And Training Trust Paramus, NJ | $19,017,559 | $4,299,279 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Vermont Adult Learning Inc Waitsfield, VT | $1,289,780 | $4,391,996 |
Connecticut Center For Arts & Technology Inc New Haven, CT | $3,075,426 | $11,576,748 |
Chronic Liver Disease Foundation Inc Clark, NJ | $1,027,147 | $3,658,520 |