Risewell Community Services Inc Fka Federation of Organizations for the New

What it reported doing in 2024

The suffolk county respite care program provides time off to caregivers of the frail elderly aged 60 and older. Trained respite workers provide companionship and supervision to the elderly. Respite care offers an affordable alternative to premature institutionalized care.risewell's foster grandparents program gives senior citizens the opportunity to work one-on-one with children who have special needs while earning extra income. Our grandparents, placed throughout suffolk county in local schools, head start programs and other educational settings, provide the individualized attention and encouragement needed to assist the child in maximizing his or her potential. The senior companion program is a senior-to-senior volunteer program which provides older individuals with the opportunity to help their adult recipients in a number of essential ways. Volunteers offer direct support, friendship, encouragement and assistance to individuals who are frail or homebound and have special needs. Senior companions assist with preparing a light meal, participating in recreational activities such as playing cards, games or knitting and providing resources and referrals. Volunteers also provide occasional transportation to social activities, medical appointments, shopping, and community outings, so that their recipients can stay independent, active members of the community. Volunteers must be 60 years of age or older, in certifiable good health, able to volunteer a minimum of 5 hours per weeks, and be income eligible in order to received the tax - free stipend.

Financial Efficiency

• Mission deployment rate: 87.1%; rating input score 87
• Program expense ratio: 86.5%; rating input score 86
• Fundraising efficiency: $94.52 raised per $1 spent on fundraising; rating input score 84; 84th 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: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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; 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: -0.2%; rating input score 26; 26th percentile among comparable filings
• Total-asset coverage ratio: 0.91; rating input score 36; 36th percentile among comparable filings
• Liabilities to assets ratio: 0.71; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 6%; rating input score 11; 11th percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 7.7% per year; rating input score 100; 56th percentile among comparable filings