Childrens Aid Society Foundation

What it reported doing in 2024

The Foundations primary role is to build a significant and sophisticated development program to provide resources for children and childrens services. The Childrens Aid Society Foundation is active in advocacy activities for children and childrens services. More specifically, the Childrens Aid Society Foundation supports and enhances organizations which serve children in need and their families.Through the caring support and generosity of many over the years, the Childrens Aid Society Foundation has been able to fund multiple organizations that provide many valuable services and experiences for children. Artist in residency, baseball games, summer camping, special therapeutic services, reading enhancement programs, and college scholarships are just a few examples of the opportunities the Childrens Aid Society Foundation has helped provide. Our plan is to continue this support, as well as grow our support, to meet the increasing challenges and complex issues facing children and families today and into the future.The Children's Home facility, which is owned and maintained by the Foundation, provides space for a non-profit organization serving children and families by providing a continuum of services.The facility is also shared with other non-profit groups for meeting space and special events. Several of these groups include the Camp Cadet Board, Boy Scouts, American Cancer Society, the Somerset Welfare League, and the Somerset Chamber of Commerce Leadership Class.The Childrens Aid Society Foundation has been fortunate to have a modest office space donated by a local business. This generous gift of free office space allows the Foundation to meet and talk with donors and potential donors in a private confidential environment. The Foundations Administrative Assistant is also generously donated by a second local business. These two contributions allow the Foundation to operate with significantly less overhead costs. Fewer costs to do business enables the Foundation to apply more resources toward our mission of supporting services that are provided to children in need.The Foundation supports various services through its efforts of fund development, fundraising, grant making, and advocacy activities. The Foundations efforts are ongoing and involve the development of our endowment and regular giving. These resources meet both current funding needs as well as build the organizations endowment for future funding needs of organizations that align with the purpose of the Foundation. The Foundations Trustees give careful and thoughtful consideration to organizations that serve children, youth and families for funding consideration.The Children's Aid Society Foundation awards grants to 501(c)(3) organizations which serve children and families in need. Organizations supported by Children's Aid Society Foundation grants include: Operation Beyoutiful, Boy Scouts of America (local district), The Tackle Box, Laurel Arts (Children's Dance Classes), The Boys and Girls Club, Make-A-Wish, and The Keystone Family Alliance.The Foundation supports quality organizations which provide caring services for children and produce positive results. One supported organization received full compliance during its seven (7) state licensing reviews this past year. This same organization successfully undertook the training and approval process to add a new service. They are now a provider of the evidenced-based service of Functional Family Therapy. This service is now provided to families in their homes. They also successfully went through the process of becoming a certified Trauma Informed Care service provider.

Financial Efficiency

• Mission deployment rate: 93%; rating input score 93
• Program expense ratio: 68.5%; rating input score 69
• Fundraising efficiency: $0.66 raised per $1 spent on fundraising; rating input score 3; 3rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 26th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.4%; rating input score 99; 49th 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: 13.6%; rating input score 68; 68th percentile among comparable filings
• Total-asset coverage ratio: 18.95; rating input score 96; 96th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 9.5%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 4.9% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 10.1% per year; rating input score 100; 67th percentile among comparable filings
• Asset growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings