Civic Intelligence

New York Council on Adoptable Children Inc.

990 • Fiscal year 2015 • EIN 23-7269678

Jul 01, 2014 to Jun 30, 2015 • Filed on May 05, 2016

589 Eighth Ave15th FloorNew York, NY 10018

(212) 475-0222

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.08x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • NTEE P • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.04x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • NTEE P • $1M-$5M nonprofits • Source year 2015

Net Margin

76th percentile

9.1%

Higher net margin than 76% of similar nonprofits.

2015 filings • NTEE P • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

79th percentile

$134,859

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2015 filings • NTEE P • $1M-$5M nonprofits • Source year 2015

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2015 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

24%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,171,239

Up $322,117 (+38%) from 2013

Net Assets

Up

$1,072,631

Up $346,239 (+48%) from 2013

Liabilities

Down

$98,608

Down $24,122 (-20%) from 2013

Revenue

$2,674,472

No earlier filing loaded for comparison.

Expenses

Up

$2,430,517

Up $557,643 (+30%) from 2013

Net Income

$243,955

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $801,456Liabilities 2012: $124,701Net Assets 2012: $676,7552012Assets 2013: $849,122Liabilities 2013: $122,730Net Assets 2013: $726,3922013Assets 2015: $1,171,239Liabilities 2015: $98,608Net Assets 2015: $1,072,6312015Assets 2016: $1,198,987Liabilities 2016: $106,931Net Assets 2016: $1,092,0562016Assets 2017: $1,028,589Liabilities 2017: $130,240Net Assets 2017: $898,3492017Assets 2019: $545,630Liabilities 2019: $100,727Net Assets 2019: $444,9032019Assets 2020: $776,360Liabilities 2020: $348,950Net Assets 2020: $427,4102020Assets 2021: $899,039Liabilities 2021: $698,481Net Assets 2021: $200,5582021Assets 2022: $1,157,245Liabilities 2022: $332,213Net Assets 2022: $825,0322022Assets 2024: $1,327,953Liabilities 2024: $716,709Net Assets 2024: $611,2442024

Highlighted filing

2015

Assets$1,171,239
Liabilities$98,608
Net Assets$1,072,631

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,651,9032012Expenses 2013: $1,872,8742013Revenue 2015: $2,674,472Expenses 2015: $2,430,517Net Income 2015: $243,9552015Revenue 2016: $2,222,662Expenses 2016: $2,180,265Net Income 2016: $42,3972016Revenue 2017: $1,864,264Expenses 2017: $2,058,307Net Income 2017: -$194,0432017Revenue 2019: $1,502,254Expenses 2019: $1,605,679Net Income 2019: -$103,4252019Revenue 2020: $1,722,192Expenses 2020: $1,739,685Net Income 2020: -$17,4932020Revenue 2021: $1,755,117Expenses 2021: $1,935,137Net Income 2021: -$180,0202021Revenue 2022: $2,428,695Expenses 2022: $2,017,932Net Income 2022: $410,7632022Revenue 2024: $2,571,166Expenses 2024: $2,461,139Net Income 2024: $110,0272024

Highlighted filing

2015

Revenue$2,674,472
Expenses$2,430,517
Net Income$243,955
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 5, 2016
Return Version
2014v6.0
Gross Receipts
$2,674,472
Mission and Program Overview

Mission

The organization proactively identifies, develops, recruits, stabilizes and strengthens family systems to provide permanent, loving and nurturing homes to all children. Coac's vision is to ensure that every child has a permanent, loving and nurturing home and family.

To encourage the adoption of hard to place children who reside in foster care homes; recruit adoptive parents for those children and provide related services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$199,436$598,816▲ $399,380
Pledges and Grants Receivable$221,527$259,304▲ $37,777
Savings and Temporary Cash Investments$493,812$187,568▼ $306,244
Prepaid Expenses and Deferred Charges$14,563$57,848▲ $43,285
Investments Other Securities$37,411$37,451▲ $40
Investments in Publicly Traded Securities$23,570$30,252▲ $6,682
Total Assets$990,319$1,171,239▲ $180,920
Liabilities
Accounts Payable and Accrued Expenses$121,096$86,060▼ $35,036
Other Liabilities$43,935$12,548▼ $31,387
Total Liabilities$165,031$98,608▼ $66,423
Net Assets / Fund Balance
Unrestricted Net Assets$797,759$1,047,813▲ $250,054
Temporarily Rstr Net Assets$27,529$24,818▼ $2,711
Total Net Assets Fund Balance$825,288$1,072,631▲ $247,343
Total Liabilities and Net Assets / Fund Balance$990,319$1,171,239▲ $180,920

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$80,381$80,381
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Ernesto LoperenaExecutive Di$130,856$4,003$134,859

Board Members and Trustees

NameTitle
Alma Scott-buczakPresident, B
Claude AskaDirector
Enrique PaezDirector
Jennifer KjosDirector
Kelly J GarroneDirector
Marissa SotoDirector
Kathleene RosemeSecretary
Duncan WhitesideTreasurer
Gaetana M Manuele LcswVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,673,481
Program Service Revenue
$0
Investment Income
$991
Other Revenue
$0
All Other Contributions
$156,978
Change in Net Assets
$243,955

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,674,472
Revenue Not Reported on Form 990
$6,099
Total Revenue per Audited Statements
$2,680,571
Total Revenue per Form 990
$2,674,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,722,569
Other Expenses$659,048
Professional Fundraising Fees$48,900
Total Fundraising Expense$48,900
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,271,849$271-$1,272,120
Occupancy$224,467$10,219-$234,686
Other Employee Benefits$158,661$2,092-$160,753
Fees for Services Other$100,387$48,608-$148,995
Office Expenses$124,730$14,536-$139,266
Current Officers, Directors, Trustees, and Key Employees$137,804--$137,804
Payroll Taxes$119,875$2,235-$122,110
Fees for Services Professional Fundraising--$48,900$48,900
Insurance$41,381--$41,381
Travel$32,731--$32,731
Pension Plan Contributions$28,786$996-$29,782
Fees for Services Accounting$18,954$4,871-$23,825
Advertising$10,013$4,000-$14,013
Conferences and Meetings$10,295$2,388-$12,683
Information Technology$10,722$746-$11,468
Total Functional Expenses$2,290,655$90,962$48,900$2,430,517

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,430,517
Total Expenses per Audited Statements$2,430,517
Total Expenses per Form 990$2,430,517
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,900
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$12,548
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Generally, form 990 is reviewed by the executive director, treasurer as well as the operations manager.

Form 990, Page 6, Part VI, Line 12C

Each director, officer and employee in a position of authority must complete an annual disclosure form identifying any relationships, positions or circumstances in which she or he is involved that she or he believes could contribute to a conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation and benefits package is reviewed by a committee of the board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation packages for program directors are reviewed by the executive director together with the treasurer and other finance committee members.

Form 990, Page 6, Part VI, Line 19

Governing documents would be available on reasonable request. Also available on public information websites.

Filing and Contact Details

Filer

Filer Name
New York Council on Adoptable
EIN
23-7269678
Phone
2124750222
Address
589 EIGHTH AVE15TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Ernesto Loperena
Title
Executive Director
Phone
2124750222
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernesto Loperena Exec Director
Formed
1972
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
30

Preparer

Firm
Hecht Di Marco & Co LLC
Address
271 ROUTE 46 WEST SUITE H109, FAIRFIELD, NJ 07004
Preparer
Gunter G Hecht CPA
Phone
9738084400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Temporarily restricted net assets 24,818 assets removed from restriction 27,529

Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01685446
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09945782
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0961
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05748
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013192
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IRS990ScheduleA/PublicSupportCY170Pct00.99840
IRS990ScheduleA/PublicSupportPY170Pct00.99800
IRS990ScheduleA/PublicSupportTotal170Amt09945782
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02633470
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02150023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01913573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01563270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01685446
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09945782
IRS990ScheduleA/TotalSupportAmt09961660
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt02686
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt02686
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt080381
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt06099
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IRS990ScheduleD/RevenueSubtotalAmt02674472
IRS990ScheduleD/TotalExpensesPerForm990Amt02430517
IRS990ScheduleD/TotalLiabilityAmt012548
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GENERALLY, FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER AS WELL AS THE OPERATIONS MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, OFFICER AND EMPLOYEE IN A POSITION OF AUTHORITY MUST COMPLETE AN ANNUAL DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH SHE OR HE IS INVOLVED THAT SHE OR HE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION AND BENEFITS PACKAGE IS REVIEWED BY A COMMITTEE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION PACKAGES FOR PROGRAM DIRECTORS ARE REVIEWED BY THE EXECUTIVE DIRECTOR TOGETHER WITH THE TREASURER AND OTHER FINANCE COMMITTEE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS WOULD BE AVAILABLE ON REASONABLE REQUEST. ALSO AVAILABLE ON PUBLIC INFORMATION WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TEMPORARILY RESTRICTED NET ASSETS 24,818 ASSETS REMOVED FROM RESTRICTION 27,529
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalContributionsAmt02673481
IRS990/TotalEmployeeCnt030
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt090962
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02290655
IRS990/TotalFunctionalExpensesGrp/TotalAmt02430517
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt098608
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0825288
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01072631
IRS990/TotalOtherCompensationAmt04003
IRS990/TotalProgramServiceExpensesAmt02290655
IRS990/TotalReportableCompFromOrgAmt0130856
IRS990/TotalRevenueGrp/ExclusionAmt0991
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02674472
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0990319
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01171239
IRS990/TravelGrp/ProgramServicesAmt032731
IRS990/TravelGrp/TotalAmt032731
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0797759
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01047813
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0589 EIGHTH AVENUE
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010018
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.COAC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNESTO LOPERENA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02124750222
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW YORK COUNCIL ON ADOPTABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CHILDREN INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWY
ReturnHeader/Filer/EIN0237269678
ReturnHeader/Filer/PhoneNum02124750222
ReturnHeader/Filer/USAddress/AddressLine1Txt0589 EIGHTH AVE15TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222423922
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HECHT DI MARCO & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0271 ROUTE 46 WEST SUITE H109
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007004
ReturnHeader/PreparerPersonGrp/PhoneNum09738084400
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GUNTER G HECHT CPA
ReturnHeader/ReturnTs02016-05-11T10:12:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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