FAMILY SERVICE SOCIETY OF YONKERS

EIN: 131739956 501(c)(3) Human Services

YONKERS, NY

Total Revenue
$13,191,749
Total Expenses
$13,695,024
Total Assets
$12,241,259
Net Assets
$9,919,548
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1883
Legal Domicile
NY
Principal Officer
HELEN FRANKEL
Phone
9149635118
Tax Period
2023-01-01 to 2023-12-31

FAMILY SERVICE SOCIETY OF YONKERS, founded in 1883, is a mid-sized nonprofit in the Human Services sector that reported $13.2M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

TO PROVIDE LOW COST HOME HEALTH SERVICES TO THE GENERAL PUBLIC AND A RANGE OF SOCIAL SERVICES FOCUSING ON FAMILY SUPPORT, EDUCATION, GUARDIANSHIP, ADULT SERVICES, AND ADVOCACY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,944,778
Program Service Revenue $7,335,018
Investment Income $755,186
Other Revenue $156,767
TOTAL REVENUE $13,191,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,873,094
Fundraising Expenses $170,875
Program Expenses $12,392,159
Other Expenses $2,821,930
TOTAL EXPENSES $13,695,024

Year-over-Year Comparison

2023 2022 Change
Revenue $13,191,749 $14,767,675 -0.1%
Expenses $13,695,024 $12,957,370 +0.1%
Net Income $-503,275 $1,810,305 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
351
Volunteers
170

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$289,699
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN FRANKEL EXECUTIVE DI 35.00
Officer
$258,605 $31,094 $289,699
JAMES RAMBHAROSE CONTROLLER 35.00
Highest
$178,827 $22,838 $201,665
SHANNA PEREZ-WALKER DIRECTOR OF 35.00
Highest
$133,225 $20,329 $153,554
CHRISTY A POSTIGHONE NURSE 35.00
Highest
$137,705 $7,514 $145,219
BERNADETTE RENWICK ADMIN DIRECT 35.00
Highest
$144,858 $8,374 $153,232
SHADENE PEART ASST. CONTRO 35.00
Highest
$136,278 $17,141 $153,419
TOM MCSPEDON PRESIDENT 1.00
Officer Director
$0 $0 $0
ALDO SMITH VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MARY HOAR SECRETARY 1.00
Officer Director
$0 $0 $0
FRANK SINATRA JR TREASURER 1.00
Officer Director
$0 $0 $0
LYN BAGLIEBTER DIRECTOR 1.00
Director
$0 $0 $0
JOHN HECK DIRECTOR 1.00
Director
$0 $0 $0
HON HAL GREENWALD DIRECTOR 1.00
Director
$0 $0 $0
ERIC WOLF DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $13,191,749 $13,695,024 $12,241,259 $-503,275
2022 $14,767,675 $12,957,370 $12,760,928 $1,810,305
2021 $11,401,094 $12,152,842 $11,351,796 $-751,748
2020 $12,898,606 $13,230,064 $12,412,213 $-331,458
2019 $13,168,665 $12,769,458 $11,499,245 $399,207
2018 $12,024,861 $12,430,089 $10,725,372 $-405,228
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