Canaan Senior Service Center

Nonprofit profile at a glance

EIN
112358083
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2128762638
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$490,776
Expenses
$461,374
Assets
$204,987
Liabilities
$149,531

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Highest reported compensation

  • Kim Parker (Program Dir.): $54,425 total reported compensation
  • Rev Dr Thomas D Johnson Sr (Executive Dir.): $6,240 total reported compensation
  • Tracey Hagens (Co-Exec. Dir.): $6,240 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Canaan Senior Service Center is a community based organization that reaches out to citizens 60 years of age or older in the Harlem community and beyond, to provide activities, programs and services which enhance their quality of life, diverse interests and needs.

What it reported doing in 2024

Senior Services funded by the New York City Department for the Aging (DFTA): The Canaan Senior Service Center continues to be a beacon serving the older adults in Central Harlem and the surrounding areas. We continue to offer in-person services and programming, as well as online, if applicable and requested.With the various exercise classes, arts & crafts, technology and educational/recreational classes, we've been able to attract an average of 25 older adults who will stay the entire day to take advantage of what we offer. We continue to maintain relationships with our elected officials, inviting them to address the older adults and to get involved with their exercise & arts classes. The elected officials are eager to integrate with our program and always comment on how active and interactive the members of our center are. Several of our staff members also continue to serve on the senior advocacy committees for State Senator Cordell Cleare, City Councilman Yusef Salaam and Community Boards 9 & 10. The center hours of operation are Monday through Friday, 9am-5pm. Breakfast is served from 9am-10am and lunch is from Noon-1pm. We are closed on major holidays. Our services also include Telephone Reassurance, which keeps our homebound members connected to what is happening in the world. Shopping Escort/Assistance, where older adults are accompanied to do their shopping tours or a volunteer is assigned to shop for the older adult. Technology remains an extremely important service the program offers. With older adults facing more scams, we continually educate our members on ways to avoid scams and what not to do when on the internet. Besides the aforementioned, we also still have our ASL Sign Language classes, as well as Mount Sinai and Columbia Presbyterian Hospitals, regularly present the latest information on medicines, treatments for diabetes, cancer, high blood pressure and other ailments. Our members also enjoy piano and voice lessons and love to showcase their talents at several in-house concerts we present for the members, family and special invited guests.Overall, we pride ourselves as a program that constantly seeks new ideas for our members to keep them interested and involved.

Operating model

Revenue model
Grant-funded. 92% of the money available for current operations came from government grants.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94%; rating input score 94
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.73; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 14.5%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 94% of revenue deployed · 100% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $461K in reported program spending
  • Leadership: top reported pay $54K · 7 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.