Nia Community Services Network Inc
Nonprofit profile at a glance
- EIN
- 112697931
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Brooklyn, NY, USA
- Phone
- 7182365266
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's, Youth Services
Reported finances
- Revenue
- $22,807,867
- Expenses
- $22,178,457
- Assets
- $10,782,794
- Liabilities
- $1,903,543
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- MICHAEL A BOVE (PRESIDENT)
- GENNARO SAPORITO (VICE PRESIDENT)
- MARY ANNE CINO (CEO)
- ANNETTE VELEZ (EXECUTIVE DIRECTOR)
Highest reported compensation
- MARY ANNE CINO (CEO): $239,331 total reported compensation
- ANNETTE VELEZ (EXECUTIVE DIRECTOR): $125,348 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 organization is dedicated to addressing issues that impact youth, families and seniors. Nia's mission of building strong children, strong families and strong communities is evidenced each day through programming that directly supports these goals.
What it reported doing in 2024
The organization provides comprehensive after school services within schools, that strengthen young people through enrichments and skill building activities that promote educational achievement and social emotional growth, ultimately helping them grow into more confident and capable adults. In addition to a vast number of arts and cultural events taking place within nia's after-school programs, the organization also offers a wide array of annual community events, including a summer concert series, halloween festivals, a 9/11 memorial vigil, winter holiday events and christmas tree lighting ceremonies.
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 most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.2%; rating input score 85
- Program expense ratio: 87.5%; rating input score 88
- Fundraising efficiency: $56.54 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 66th 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: 2.8%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 62; 62nd percentile among comparable filings
- Officer compensation ratio: 1.6%; rating input score 80; 80th percentile among comparable filings
Growth
- Program expense growth: 16.1% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 85.2% of revenue deployed · 87.5% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $19.4M in reported program spending
- Leadership: top reported pay $239K · 9 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $1.3M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.