RiseBoro

What it reported doing in 2024

Rb seniors: rb seniors offers a comprehensive program of senior services stretching throughout brooklyn. Since its inception in a single senior center in bushwick, programs have expanded to ten senior centers & clubs offering nutritious meals, transportation, arts, education and recreation, and many opportunities for socialization. Our events bring seniors from every background together to talk, learn, dance and find moments of joy and connection with people of all ages. We also prepare and deliver a nutritious hot meal to over 1,800 frail elderly clients daily in their homes from north brooklyn to crown heights and sunset park. (continued in schedule o) across 10 sites, riseboro's older adult centers and clubs provide new yorkers 60+ with a space to gather with peers, enjoy meals, and engage with activities such as case assistance, breakfast, lunch, dinner, to-go meals, arts & culture, recreation activities, technology classes, nutrition education, physical health classes, and transportation.249 open days232,428 meals7,643 recreation and education events99,892 health promotion participants4,846 transportation rides11,515 referrals and case assistancecase management services, provided in the home, connect seniors to nutritious meals, benefits advocacy, home care services and not limited to, coordinating home care, and applying for services. The overall goal of the program is to keep older adults living independent lives, in their homes.249 open days1,421 clients served22,563 units of service154 items providedfriendly visiting: with the goal of combatting social isolation and depression, volunteers provide positive social contact and engage in purposeful activities with their buddy each week. For example, they play cards or board games, read together, knit or crochet.249 open days2,425 contactshome delivered meals: the meals on wheels program provides a continuous lifeline of nourishing meals to homebound seniors across 12 communities in brooklyn. The average participant receives 7 meals per week, including holidays. Clients are able to choose from culturally appropriate meal choices (i.e., glatt kosher, caribbean)250 open days2,527 clients served586,260 meals served2,345 meals served per day

Financial Efficiency

• Mission deployment rate: 65%; rating input score 65
• Program expense ratio: 72.1%; rating input score 72
• Fundraising efficiency: $289.87 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 92.3%; rating input score 92; 24th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 77th 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: 11.2%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 2.12; rating input score 65; 65th percentile among comparable filings
• Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 6.9%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: 11.2% per year; rating input score 100; 78th percentile among comparable filings
• Revenue growth: 11.5% per year; rating input score 100; 82nd percentile among comparable filings
• Asset growth: 16.3% per year; rating input score 100; 88th percentile among comparable filings