Backstretch Employee Service Team of New York Inc
Nonprofit profile at a glance
- EIN
- 112976735
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Elmont, NY, USA
- Phone
- 5184883434
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $2,266,212
- Expenses
- $2,032,344
- Assets
- $3,209,928
- Liabilities
- $177,663
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- NANCY UNDERWOOD (EXECUTIVE DIRECTOR)
Highest reported compensation
- NANCY UNDERWOOD (EXECUTIVE DIRECTOR): $147,950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
B.e.s.t., a non-profit, addresses the unique needs of the backstretch community by providing health, wellness, and support services tailored to the workers at aqueduct, belmont, and saratoga racetracks. Our mission is to improve the lives of those who care for the horses and maintain the racetracks.
What it reported doing in 2024
B.e.s.t. Oversaw comprehensive primary health clinics at belmont and saratoga, providing primary medical care, managed referrals, and preventive services to the backstretch workforce. In 2024, the clinics supported approximately 2,200 patient visits, ensuring access to affordable and culturally competent health care for racetrack workers. Through licensed professionals, b.e.s.t. Delivered mental health and substance use counseling tailored to the unique challenges of racetrack life. In 2024, 1,100 individual counseling services were provided, with additional workers participating in weekly support groups and wellness initiatives that addressed addiction recovery, stress management, and family well-being. B.e.s.t provided reliable transportation services for medical and mental health appointments, completing over 5,000 rides in 2024. The organization also expanded outreach and community engagement, including expanding esl and citizenship classes, workforce support, and health education workshops. These programs connected hundreds of workers with essential resources, improving stability, access, and overall quality of life for the backstretch community.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.5%; rating input score 74
- Program expense ratio: 80.2%; rating input score 80
- Fundraising efficiency: $35.04 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.3%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 0% per year; rating input score 100; 11th percentile among comparable filings
- Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 73.5% of revenue deployed · 80.2% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $148K · 13 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.