Ferncliff Manor Inc

Nonprofit profile at a glance

EIN
133383654
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2013, Form 990-N 2007
Location
Yonkers, NY, USA
Phone
9149684854
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$6,176,231
Expenses
$6,010,236
Assets
$6,375,336
Liabilities
$4,157,777

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Sheryl Frishman (President)
  • Kristen Yurczak (Executive Director)

Highest reported compensation

  • Lori Fernandes (Registered Nurse): $132,944 total reported compensation
  • Wilma Joseph (Program Director): $103,033 total reported compensation
  • Kristen Yurczak (Executive Director): $40,560 total reported compensation

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

Overview

Mission

Our mission is to provide individualized progams of superior service and nurturing care that enables each individual to achieve an optimum level of independemce, well-being, and self-esteem.

What it reported doing in 2024

Ferncliff Manor Inc. operated four (4) Independent Residences serving 21 individuals with Special Needs. Our residences are licensed and operate under the guidelines of the New York State Office for people with Developmental Disabilities (OPWDD). Each residence provides a home-like living arrangement that includes, professionally supervised supports for Housing and community inclusion and habilitation. Each residence is located in neighborhoods that allow our individuals to become integrated into community life as appropriate. In addition, Our Residential and clinical staff create and implement programs, activities and strategies to assist each individual resident in the acquisition of daily living skills so that they can become as independent as possible, In addition to the residential program, FMI also operated A Day Habilitation program that serves 8 individuals with Developmental disabilities and special needs. This program is specifically geared to provide our participants with the skills and supports for community integration and independence

Operating model

Revenue model
Earned-program. 98% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.8%; rating input score 92
  • Program expense ratio: 94.3%; rating input score 94
  • Fundraising efficiency: $16.68 raised per $1 spent on fundraising; rating input score 54; 54th 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: 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 2.7%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 5%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 26.6% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 23.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 19.6% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 91.8% of revenue deployed · 94.3% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.7M in reported program spending
  • Leadership: top reported pay $133K · 15 people listed
  • Highest-paid contractors: 1 contractor listed · $1.3M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.