Stanley M Isaacs Neighborhood Center Inc

Overview

Mission

Since 1964, stanley m. Isaacs neighborhood center (isaacs center) has committed to its enduring mission to promote social and physical well-being and encourage self-reliance and dignity throughout every stage of life.

What it reported doing in 2024

Youth and family services - the education workforce development program (edw) engages out-of-school and out-of-work (osow), homeless or at risk of homelessness, have a history of gang involvement, are single parents, or face other barriers to participating in other workforce development training programs. Ewd programs provide sector-specific job training, internships, employment placement, and retention support. To meet the unique needs of osow youth, staff provide intensive case management, high school equivalency classes, and financial literacy training with the goal of multiple positive outcomes: skill-building, increased confidence, high school equivalency attainment, college enrollment, employment, and ultimately, retention in full-time salaried positions in three areas: culinary arts, health services, and technology.

Operating model

Revenue model
Grant-funded. 90% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
132572034
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
New York, NY, USA
Phone
2123607620
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Neighborhood Centers

Official website

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 83
  • Accountability: 95
  • Sustainability: 15
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88%; rating input score 88
  • Program expense ratio: 84.6%; rating input score 85
  • Fundraising efficiency: $181.64 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: -3.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 4.4%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 7.8% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 12th percentile among comparable filings

Details

  • Where the money goes: 88% of revenue deployed · 84.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $13.6M in reported program spending
  • Leadership: top reported pay $500K · 13 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $776K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Leadership & pay

13 people listed

Highest reported compensation

  • RODERICK L JONES (President): $499,964 total reported compensation
  • ANDREA CAIN (COO): $431,657 total reported compensation
  • Michael Klidas (CFO): $253,303 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.