Citizens Committee for New York City Inc

What it reported doing in 2024

1. Community leader grants - our community leaders grants offer up to $5,000 for projects that bring new yorkers together to improve neighborhood life, strengthen local leadership, and scale community partnerships. Our grantee partners define their community priorities, and as a result we support a diverse range of projects in the areas of arts and culture, education and youth, environment and climate, health and wellness, economic development, and public safety. In this grant program year we gave out 157 grants for a total of $313,000. 2. Neighborhood business grants - our neighborhood business grants offer up to $5,000 for initiatives a small business undertakes to positively impact their community. We fund all kinds of community-minded businessesfrom barbershops and bookstores to wellness studios, cafs, and childcare providerswho play a positive role in their neighborhood. We want to support businesses that are rooted in, and giving back to, their neighborhoods. In this grant program year we gave out 51 grants for a total of $153,000. 3. Collaborative impact grants - this $10,000 award is designed to support projects that harness the strengths of multiple grantees. Prior grantees are invited to apply and to collaborate with at least 2 other grantees on a larger project. All prior year grantees are eligible to apply, including any combination of small businesses, nonprofit organizations, and volunteer-based efforts. The collaborative program must take place within one of the five nyc boroughs. In this grant program year we gave out 17 grants for a total of $50,000.

Financial Efficiency

• Mission deployment rate: 53.5%; rating input score 54
• Program expense ratio: 65.5%; rating input score 65
• Fundraising efficiency: $4.74 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 0.9%; rating input score 1; 12th 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: 9 of 9 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: 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: 30.5%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 3.28; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.35; rating input score 30; 30th percentile among comparable filings
• Officer compensation ratio: 25.3%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: 2.3% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
• Asset growth: 8.1% per year; rating input score 100; 51st percentile among comparable filings