Union Settlement

What it reported doing in 2024

Early childhood education & family service: providing high quality early care and education services for head start and child care eligible families and children. Operating from 6 sites across east harlem, we serve 2-, 3-, and 4-year olds in classroom designed to meet the social-emotional, cognitive, physical, and language needs of the children to support school readiness. In addition, our family child care networks supports individual family child care providers in the provision of high-quality services to infants, toddlers, and preschoolers following the nycdoe's let's play curriculum. The early childhood program and the family child care network serve over 500 children yearly.family services: providing programming to community residents in response to identified needs by community members. Community members are fully integrated into the decision-making process for our two-family focused programs: the family enrichment center and the community partnership. These two programs provide vital services to community residents across east harlem in collaboration with other community-based partners and program governing boards that include community-residents as partners in designing and offering services.

Financial Efficiency

• Mission deployment rate: 84.7%; rating input score 85
• Program expense ratio: 79.2%; rating input score 79
• Fundraising efficiency: $74.72 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -6.5%; rating input score 14; 14th percentile among comparable filings
• Total-asset coverage ratio: 0.89; rating input score 32; 32nd percentile among comparable filings
• Liabilities to assets ratio: 0.56; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 5.5%; rating input score 47; 47th percentile among comparable filings

Growth

• Program expense growth: 0.8% per year; rating input score 100; 14th percentile among comparable filings
• Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 15.3% per year; rating input score 100; 81st percentile among comparable filings