Allied Foundation Inc
- Assets
- $18.7k
- Revenue
- $771.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Melville, NY
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-3618153
Organization Overview
Allied Foundation Inc is located in Melville, NY. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allied 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 12/2022, Allied Foundation Inc generated $771.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $792.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF PEOPLE IN THE COMMUNITY. WE ACCOMPLISH OUR MISSION THROUGH NEWBORN SUPPORT, EARLY CHILDHOOD LITERACY, AND THE ANDREW FIERSTEIN MEMORIAL AWARD. WE OPERATE A BASIC NEEDS BANK WHERE WE DISTRIBUTE DIAPERS AND PERIOD SUPPLIES, FREE OF CHARGE TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3
1. NEWBORN SUPPORT: THE ORGANIZATION RAISES AWARENESS ABOUT DIAPER NEED, ADVOCATES NATIONALLY AND DONATED 765,625 FREE DIAPERS IN 2022 TO FAMILIES WHO STRUGGLE WITH DIAPER NEED THROUGH A NETWORK OF 60 PARTNERSHIPS ACROSS LONG ISLAND. CURRENTLY, THERE IS NO SAFETY NET PROGRAM (NOT SNAP, WIC, OR MEDICAID) THAT ALLOCATES DOLLARS FOR THEIR PURCHASES. THE ORGANIZATION IS THE ONLY LONG ISLAND MEMBER OF THE NATIONAL DIAPER BANK NETWORK AND THE BABY2BABY NETWORK. 2. PERIOD SUPPLY BANK: THE ORGANIZATION RAISES AWARENESS, ADVOCATES NATIONALLY TO BRING REAL CHANGE, AND DONATED 182,398 PERIOD SUPPLIES IN 2022, FREE OF CHARGE TO THOSE IN NEED. THE ORGANIZATION BELIEVES THAT NO STUDENT SHOULD HAVE TO MISS SCHOOL, NO ADULT SHOULD HAVE TO MISS WORK, AND NO PERSON SHOULD MISS OUT ON DAILY LIFE BECAUSE THEY ARE UNABLE TO AFFORD THE NECESSITIES THEY REQUIRE TO MANAGE THEIR MENSTRUAL HEALTH. THE ORGANIZATION IS THE ONLY LONG ISLAND MEMBER OF THE ALLIANCE FOR PERIOD SUPPLIES.3. EARLY CHILDHOOD LITERACY: AIMS TO HELP BABIES AND CHILDREN FOSTER A LOVE OF READING, HELP THEM DEVELOP A RICH VOCABULARY TO HELP THEM LEARN, GROW, AND DEVELOP. THE ORGANIZATION DONATED 5,450 BOOKS IN 2022 THROUGH OUR REACH OUT AND READ PRACTICES WHICH INTEGRATES READING ALOUD IN PEDIATRIC CARE AND SENDS THE FAMILY HOME WITH AGE-APPROPRIATE BOOKS FOR THEIR HOME LIBRARY. THE ORGANIZATION ALSO COLLECTS THOUSANDS OF CHILDREN'S BOOKS ANNUALLY TO SUPPORT IN NEED COMMUNITIES ACROSS THE NY METRO AREA.4. ANDREW FIERSTEIN MEMORIAL AWARD: THE ANDREW FIERSTEIN MEMORIAL AWARD WAS CREATED TO HONOR THE MEMORY OF ANDREW FIERSTEIN, HIS ACCOMPLISHMENTS AND RECOGNIZE THOSE WHO SHARED HIS PASSION FOR MEDICINE, COMMUNITY SERVICE AND A DESIRE TO HELP AND HEAL OTHERS BY BECOMING A PHYSICIAN. THE AWARD SEEKS TO REALIZE HIS DREAM, HIS PASSION FOR MEDICINE, AND HELP THOSE ALREADY ON THE PATH. ANNUALLY, THE AWARD IS PRESENTED TO A PEDIATRIC RESIDENT ENROLLED IN AN ACCREDITED NEW YORK PEDIATRIC TRAINING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Cohen MD Director | 0.5 | $0 | |
Gary Mirkin MD Director | 0.5 | $0 | |
Jennifer Shaer MD Director | 0.5 | $0 | |
Kerry Fierstein MD Director | 0.5 | $0 | |
Scott Svitek MD Board Chair | 0.5 | $0 | |
Heather Edwards Executive Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $723,176 |
| Noncash contributions included in lines 1a–1f | $695,970 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $723,176 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,243 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $771,419 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,550 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $2,148 |
| All other expenses | $10,580 |
| Total functional expenses | $792,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,703 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,703 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $18,703 |
| Net assets with donor restrictions | $0 |
| 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 | $18,703 |