Boys and Girls Harbor Inc
Nonprofit profile at a glance
- EIN
- 136015256
- IRS 990 coverage
- 2009–2018
- Forms available
- Form 990 2018
- Location
- New York, NY, USA
- Phone
- 2124272244
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development N.E.C.
Reported finances
- Revenue
- $2,994,479
- Expenses
- $3,376,593
- Assets
- $5,917,279
- Liabilities
- $1,234,518
Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- CRAIG OVERLANDER (PRESIDENT)
- LEWIS ZUCHMAN AS OF 070118 (EXECUTIVE DIRECTOR)
Highest reported compensation
- AMOREL SHEPPARD (CHIEF FINANCIAL OFFICER): $142,584 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of boys & girls harbor is to empower children and their families to become full productive participants in society through education, cultural enrichment and social services. The harbor is an education focused organization committed to providing an individualized learning plan for every harbor student to assure rigorous, comprehensive academic training and emotional development, enriched by infusing the arts into its culture and curriculum during a student's formative years.
What it reported doing in 2018
The performing arts are integrated across all of the harbor's programs. Annually, more than 450 students receive training in a variety of styles and genres of instrumental and vocal music; dance and theatre such as: classical, latin, jazz, and colombian, and vocal music, musical theory and harmony, and individual instrumental classes. Dance instruction includes ballet, tap, latin jazz, african folkloric, hip-hop, and modern.theatre classes include scene study, acting technique, and musical theatre. Students k-12 receive instruction after school during the school year and for five weeks during the summer. Student ensembles perform publicly throughout the year. Adults also receive music instruction during the evenings.
Operating model
- Revenue model
- Earned-program. 61% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.5%; rating input score 70
- Program expense ratio: 60.8%; rating input score 61
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 64th 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: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -12.8%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: -17.4% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: -12.5% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -10.2% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 69.5% of revenue deployed · 60.8% of spending went to programs
- Governance: 22 of 22 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.1M in reported program spending
- Leadership: top reported pay $143K · 24 people listed
- Highest-paid contractors: 2 contractors listed · $258K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors and related organizations
- Filing history: 10 filing years from 2009 to 2018
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 9/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 55/100.