Snack & Friends Inc

Nonprofit profile at a glance

EIN
205934666
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2022
Location
New York, NY, USA
Phone
2124399996
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$2,739,130
Expenses
$2,491,882
Assets
$994,728
Liabilities
$550,914

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

Leadership & pay

9 people listed

Executive titles in this filing

  • JOSEPH CEONZO (Board President)

Highest reported compensation

  • JACQUELINE CEONZO (Executive Dir.): $110,520 total reported compensation

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

Overview

Mission

SNACK enriches the lives of children, teens, and young adults by providing diverse classes and activities designed for people of all abilities to make friends, have fun, learn life skills, and make progress at their own pace. Our activities ensure our participants well-being and help them lead more independent, purposeful lives. From humble beginnings as an after-school program for a half-dozen children, SNACK now serves hundreds of families. SNACK was founded by a family with two sons - one with severe autism and one typically developing - with the goal of creating an inclusive environment where they both would feel welcome and thrive together.

What it reported doing in 2024

The mission of SNACK, a 501c3 not-for-profit organization, is to enrich the lives of children, teens, and young adults by providing diverse classes and activities designed so everyone has theopportunity to make progress at their own pace. SNACK was founded by a family with two sons-one with severe autism and one typically developing - to create a place where they could both feel welcome and thrive. We offer opportunities to make friends, have fun, learn skills, work and participate in activities that ensure participant well-being so they may lead more independent, purposeful lives. From humble beginnings as an after-school program for a half-dozen children, SNACK has grown incredibly and its programming has expanded.The Company's activity centers are devoted to "Fun, Friends and Hope and welcomes those of all abilities including those with physical disabilities, verbal, and nonverbal language abilities, across all socio-economic, race and ethnic backgrounds.The high ratio of staff to student, class size limit, and the staff's unique skill set, enable those who participate to make progress. The Company solicits funds from the public and from private sources for the accomplishment of the aforementioned purposes and will participate in all and everything not restricted by applicable laws, necessary, suitable, or proper for the accomplishment of the Company's purposes and powers.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 84
  • Accountability: 31
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.9%; rating input score 79
  • Program expense ratio: 86.7%; rating input score 87
  • Fundraising efficiency: $13.59 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 9.2% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 13.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 78.9% of revenue deployed · 86.7% of spending went to programs
  • Governance: 0 of 9 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $111K · 9 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.