Seneca Street Community Development Corporation
Nonprofit profile at a glance
- EIN
- 263678723
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2010
- Location
- Buffalo, NY, USA
- Phone
- 7164912200
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $445,808
- Expenses
- $447,046
- Assets
- $1,243,213
- Liabilities
- $272,802
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- CHERYL BIRD (BOARD MEMBER/EXECUTIVE DIRECTOR)
- MATTHEW SYDOR (BOARD MEMBER/PRESIDENT)
- BRIAN ROTACH (BOARD MEMBER/VICE PRESIDENT)
People named in this filing
- CHERYL BIRD (BOARD MEMBER/EXECUTIVE DIRECTOR)
- MATTHEW SYDOR (BOARD MEMBER/PRESIDENT)
- NICK BELL (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization partners with their neighbors in the seneca babcock community to provide a supportive environment to overcome educational, social and economic barriers. They provide opportunities for the entire community to acquire skills that build resiliency and self reliance, enhancing the quality of life and potential for current and future generations.
What it reported doing in 2024
See schedule oafter school program: the goal of this program is to assist the students with their homework, provide tutoring and enrichment activities, ensure they have a healthy snack and include them in the healthy dinners that are served four days a week during the forty week school year. This program is supported (on a daily basis) by five paid employees and 8-10 volunteers. Programs are designed to focus on specific age groups and include crafting, excursions, music, yoga, exercise activites - all designed to provide a safe environment that stimulates growth and development.summer at seneca street: the goal of this program is to encourage children to use the reading, writing and math skills they mastered during the school year. The focus is on retention of those skills through constant and creative practice. An intense two week reading camp is offered. Every effort is made to assist the children in moving forward and not falling behind so they are ready for a new set of challenges when the school year begins. The program is six weeks long and provides programing for 75 students. There are five paid staff members and twenty volunteers that are a part of running this six week program.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 94
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.9%; rating input score 99
- Program expense ratio: 98.6%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: -0.3%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 2.78; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 27% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 98.9% of revenue deployed · 98.6% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $441K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 19/100.