THE CENTER FOR FAMILY SUPPORT FOUNDATION INC

EIN: 450824358 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$227,943
Total Expenses
$103,931
Total Assets
$875,298
Net Assets
$742,781
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
Alicia McGrath
Phone
2126297939
Tax Period
2023-07-01 to 2024-06-30

THE CENTER FOR FAMILY SUPPORT FOUNDATION INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $124K, a strong 54% operating margin.

Mission

TO PROVIDE SUPPORT AND ASSISTANCE THROUGH FINANCIAL AID TO THE CENTER FOR FAMILY SUPPORT, INC., AND CENTER FOR FAMILY SUPPORT NEW JERSEY, INC., RELATED 501(C)(3) ORGANIZATIONS.

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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 $216,509
Program Service Revenue $0
Investment Income $28,642
Other Revenue $-17,208
TOTAL REVENUE $227,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $103,931
Program Expenses $0
Other Expenses $103,931
TOTAL EXPENSES $103,931

Year-over-Year Comparison

2023 2022 Change
Revenue $227,943 $179,384 +0.3%
Expenses $103,931 $104,849 0.0%
Net Income $124,012 $74,535 +0.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
7

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
7
$674,595
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN VERNIKOFF CEO THRU JAN. 2024 0.5
Officer
$0 $41,094 $383,995
KEN D SEMPLE CFO THRU Jan. 2024 0.5
Officer
$0 $49,593 $257,907
ALICIA MCGRATH CEO AS OF Dec. 2023 0.5
Officer
$0 $10,103 $29,141
JIM CRISCI CFO AS OF March 2024 0.5
Officer
$0 $3,552 $3,552
ROCHELLE POWELL CHAIR 4.0
Officer Director
$0 $0 $0
MAX WARNER VICE CHAIR 1.0
Officer Director
$0 $0 $0
JOANA GOYETTE TREASURER THRU OCTOBER 2023 1.0
Officer Director
$0 $0 $0
CLAUDIA LIMA-GUINEHUT DIRECTOR 1.0
Director
$0 $0 $0
Brenley Higgins DIRECTOR THRU JAN 2024 1.0
Director
$0 $0 $0
MARCIO OLIVEIRA DIRECTOR 1.0
Director
$0 $0 $0
CYNTHIA SELOVER DIRECTOR 1.0
Director
$0 $0 $0
LLOYD STABINER DIRECTOR 1.0
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
2025 No data No data No data No data
2024 $227,943 $103,931 $875,298 $124,012
2023 $179,384 $104,849 $661,609 $74,535
2022 $115,097 $87,844 $599,776 $27,253
2021 $124,355 $74,057 $548,493 $50,298
2020 $76,868 $84,159 $503,918 $-7,291
2019 $135,546 $58,964 $495,189 $76,582
2018 $161,725 $43,351 $416,503 $118,374
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