New Yorkers for Children Inc

What it reported doing in 2024

Signature programs: in order to help youth in nyc foster care and those who have aged out live independently with unprecedented success, nyfc provides direct services that focus on enrolling youth in college, supporting them through graduation, and gain the skills needed to enter the workforce from a position of empowerment. Our time-tested signature programs include: *the back to school package program *the nicholas scoppetta scholarship program *emergency funds *the spirit award *the youth advisory board/peer mentoring network to successnyfc signature programs help youth transitioning out of foster care live independently and enroll in and graduate from college with unprecedented success. For many of these deserving young people, the resources provided by nyfc will be the only support either emotional, financial, or otherwise that they receive during their transition from foster care to independent adulthood. The back-to-school package program has provided current and aged out foster youth enrolled in college or a vocational program with the tools they need to succeed since 1999. The package consists of a brand-new laptop computer, two gift cards per year for educational expenses such as textbooks, and a heartfelt letter from nyfc staff wishing them good luck with their studies. To date, this program has supported more than 10,000 foster youth. While the package is considered one of nyfc's "lighter touch" supports, it impacts the entire population of college age youth in nyc foster care who are pursuing post-secondary education opportunities. The nicholas scoppetta scholarship program (nick's scholars) has supported current and aged out New York city foster youth throughout their undergraduate experience since 2006, from enrollment through graduation. This comprehensive program helps students realize their educational and personal goals by providing essential financial, academic, emotional and peer support services. Services provided include: *individual in person college advisement and coaching meetings with nyfc's youth program manager *monthly stipends to cover living expenses *tuition assistance and stipends for textbooks *funding for summer or winter courses not covered by financial aid *various networking and community-building social events *referrals to personalized services such as academic tutoring, housing resources, specialized career counseling and private mental health services.nyfc offers a suite of emergency funds to the meet the needs of youth in and aged out of nyc foster care experiencing a crisis, whether they are in school or not. *the charles evans educational emergency fund has supported young adults, ages 18-26, who have aged out of foster care and are enrolled in a two or four-year vocational or educational program who are experiencing an emergency situation since 2006. Due to the popularity of the charles evans fund, nyfc launched the in-care emergency fund in august 2018 specifically for youth who are still in foster care, and in the custody of the administration for children's services (acs). The spirit award is a merit-based scholarship awarded to young adults currently or formerly in nyc foster care who are attending a four-year college with plans to complete a bachelor's degree. Since 2004, this scholarship has given up to $20,000 annually worth of scholarship funding to hardworking students. Students can receive up to $10,000 per award.youth advisory board/peer mentoring: established in 2007, the youth advisory board (yab) supports new yorkers for children (nyfc) by shaping public awareness and perceptions of children and youth in foster care, and inspiring peers to become advocates in their communities. This youth-led board is comprised of current and former youth in foster care, ages 16-24. Yab collaborations with other programs to foster positive youth development, education, and professional success while advising nyfc on the needs and concerns of the foster care population. Nyfc launched

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 79.2%; rating input score 79
• Fundraising efficiency: $9.77 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 25th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.2%; rating input score 99; 38th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited
• Public monitoring controls: Limited
• Public policy transparency: Limited
• Public financial transparency: Limited
• Impact reporting controls: Limited
• Public relationship transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
• Public governance controls: Limited
• Zakat policy transparency: Limited

Sustainability

• Operating margin: -86.7%; rating input score 1; 1st percentile among comparable filings
• Operating reserve ratio: 2.19; rating input score 65; 65th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 8.9%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 8.7% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
• Asset growth: 8.8% per year; rating input score 100; 53rd percentile among comparable filings