CARE FOR SPECIAL NEEDS CHILDREN FOUNDATION INC

EIN: 472616448 501(c)(3) Human Services

Brooklyn, NY

Total Revenue
$2,081,838
Total Expenses
$1,864,579
Total Assets
$2,890,697
Net Assets
$2,219,034
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
MEYER SAFDIEH
Phone
7184544422
Tax Period
2023-01-01 to 2023-12-31

CARE FOR SPECIAL NEEDS CHILDREN FOUNDATION INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $1.9M left a modest 10% surplus.

Mission

THE MISSION IS TO HELP INDIVIDUALS WITH SPECIAL NEEDS AND THEIR FAMILIES DEAL WITH THE UNIQUE CHALLENGES THAT THEY FACE.

Program Service Accomplishments

Program 1
Expenses: $1,313,000 Revenue: $1,823,007

ENTERED INTO A NEW LOCATION IN 2016, IN ORDER TO BETTER SERVE THE COMMUNITY WITH SPECIAL NEEDS AND THEIR FAMILIES TO DEAL WITH THE UNIQUE CHALLENGES THEY FACE AND CONTINUE TO PROVIDE SERVICES TO THE...

Read more

ENTERED INTO A NEW LOCATION IN 2016, IN ORDER TO BETTER SERVE THE COMMUNITY WITH SPECIAL NEEDS AND THEIR FAMILIES TO DEAL WITH THE UNIQUE CHALLENGES THEY FACE AND CONTINUE TO PROVIDE SERVICES TO THE COMMUNITY THROUGHOUT THE YEAR. EXPANDED INTO THE ADJOINING PROPERTY IN 2021 AND IS CURRENTLY EXPANDING INTO THE NEXT ADJACENT PROPERTY DUE TO THE INCREASE IN CHILDREN THAT NEED SERVICES AS WELL AS EXPANDING PROGRAMS, THERAPY AND CLINIC. ALSO FUNDING COMMUNITY PROJECTS THAT ENRICH THE LIVES OF CHILDREN WITH DISABILITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,046,632
Program Service Revenue $0
Investment Income $35,206
Other Revenue $0
TOTAL REVENUE $2,081,838

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $541,464
Fundraising Expenses $135,810
Program Expenses $1,313,000
Other Expenses $1,298,115
TOTAL EXPENSES $1,864,579

Year-over-Year Comparison

2023 2022 Change
Revenue $2,081,838 $6,108,967 -0.7%
Expenses $1,864,579 $5,442,187 -0.7%
Net Income $217,259 $666,780 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
16
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEYER SAFDIEH PRESIDENT 26.00
Officer
$0 $0 $0
MICHAEL WAHBA TREASURER 21.00
Officer
$0 $0 $0
VICTORIA SAFDIEH CHAIRMAN 30.00
Officer
$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 $2,081,838 $1,864,579 $2,890,697 $217,259
2023 $1,814,581 $1,723,880 $2,552,074 $90,701
2022 $6,108,967 $5,442,187 $2,592,341 $666,780
2021 $1,087,884 $658,628 $1,342,697 $429,256
2020 $898,252 $472,811 $926,677 $425,441
2019 $666,612 $508,193 $318,830 $158,419
2018 $289,500 $468,698 $139,673 $-179,198
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CARE FOR SPECIAL NEEDS CHILDREN FOUNDATION INC with other nonprofits in New York and across the country.