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Bloomingdale Family Program Inc Head Start

Serving the community since 1960

New York City, NY   |  https://bloomingdalefamilyprogram.org
GuideStar Charity Check

Bloomingdale Family Program Inc Head Start

EIN: 13-2638566


Mission

THE BLOOMINGDALE FAMILY PROGRAMS MISSION IS TO SERVE PRESCHOOL CHILDREN FROM LOW-INCOME FAMILIES IN UPPER MANHATTAN. OUR EDUCATIONAL PROGRAM FOSTERS CHILDRENS GROWTH IN ALL AREAS OF DEVELOPMENT - INTELLECTUAL, PHYSICAL, AND EMOTIONAL - AND BUILDS A FOUNDATION FOR SUCCESS AS THEY BEGIN THEIR EDUCATIONAL JOURNEY. WE WELCOME CHILDREN WITH SPECIAL NE

Ruling year info

1964

Principal Officer

José Velilla

Main address

987 Columbus Ave

New York City, NY 10025 USA

Show more contact info

EIN

13-2638566

Subject area info

Child educational development

Early childhood education

Population served info

Children and youth

Parents

Ethnic and racial groups

Immigrants and migrants

Economically disadvantaged people

Show more populations served

NTEE code info

Kindergarten, Nursery Schools, Preschool, Early Admissions (B21)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Head Start Pre-K Classrooms

We currently have Head Start classrooms for 3 and 4 year old children.

Population(s) Served
Children
Economically disadvantaged people
Immigrants and migrants
Ethnic and racial groups
Families

Where we work

Financials

Bloomingdale Family Program Inc Head Start
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

0.32

Average of 0.21 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

3.1

Average of 0.7 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

27%

Average of 27% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Bloomingdale Family Program Inc Head Start

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Bloomingdale Family Program Inc Head Start

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Bloomingdale Family Program Inc Head Start

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Bloomingdale Family Program Inc Head Start’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $263,400 -$88,139 -$152,421 $82,396 $19,188
As % of expenses 7.7% -2.3% -4.2% 2.5% 1.2%
Unrestricted surplus (deficit) after depreciation $247,990 -$107,007 -$168,056 $60,430 -$3,143
As % of expenses 7.3% -2.8% -4.6% 1.9% -0.2%
Revenue composition info
Total revenue (unrestricted & restricted) $3,663,572 $3,688,817 $3,521,526 $3,231,403 $1,659,060
Total revenue, % change over prior year 8.0% 0.7% -4.5% -8.2% -48.7%
Program services revenue 1.1% 0.9% 0.5% 0.1% 0.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 83.3% 85.6% 86.5% 91.2% 86.2%
All other grants and contributions 15.6% 13.6% 12.3% 6.8% 13.4%
Other revenue 0.0% 0.0% 0.8% 1.9% 0.1%
Expense composition info
Total expenses before depreciation $3,400,172 $3,776,956 $3,617,589 $3,241,709 $1,630,032
Total expenses, % change over prior year 1.5% 11.1% -4.2% -10.4% -49.7%
Personnel 68.2% 70.1% 69.6% 71.0% 70.5%
Professional fees 8.7% 7.5% 0.0% 0.0% 6.6%
Occupancy 11.7% 9.0% 10.2% 9.3% 6.6%
Interest 0.1% 0.2% 0.0% 0.0% 0.4%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 11.4% 13.2% 20.2% 19.7% 15.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $3,415,582 $3,795,824 $3,633,224 $3,263,675 $1,652,363
One month of savings $283,348 $314,746 $301,466 $270,142 $135,836
Debt principal payment $0 $1,986 $0 $644,600 $0
Fixed asset additions $132,180 $44,154 $0 $0 $0
Total full costs (estimated) $3,831,110 $4,156,710 $3,934,690 $4,178,417 $1,788,199

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.8 0.1 0.4 0.1 3.1
Months of cash and investments 0.8 0.1 0.4 0.1 3.1
Months of estimated liquid unrestricted net assets 0.0 -0.4 -1.2 -1.0 -1.9
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $215,711 $20,639 $111,716 $20,874 $425,849
Investments $0 $0 $0 $0 $0
Receivables $427,025 $571,146 $949,292 $559,571 $659,539
Gross land, buildings, equipment (LBE) $207,128 $251,282 $257,523 $251,282 $219,845
Accumulated depreciation (as a % of LBE) 18.7% 23.0% 30.9% 39.4% 40.1%
Liabilities (as a % of assets) 88.9% 101.9% 114.6% 114.9% 110.3%
Unrestricted net assets $91,654 -$15,353 -$183,409 -$122,979 -$126,122
Temporarily restricted net assets $0 $0 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $91,654 -$15,353 -$183,409 -$122,979 -$126,122

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

José Velilla

Number of employees

Source: IRS Form 990

Bloomingdale Family Program Inc Head Start

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Bloomingdale Family Program Inc Head Start

Board of directors
as of 03/21/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Georgia Keohane

CEO, Soros Economic Development Fund

Term: 2020 -

Sandra Roche

Principal (Retired) Little Red School House LREI

Molly Goldfarb

BlackRock

Stephen Wax

Angelo, Gordon & Co.

Grace Offutt

former University Administrator

Elizabeth Brodie David

Director, Samvid Ventures

Emily Balter Jennings

Attorney, Metropolitan Museum of Art

Barbara Malpica

Director of Construction and Asset Management (Retired) Settlement Housing Fund

Elizabeth Oppong

Vice President, Goldman Sachs

Sue Sekar

Macquarie Holdings (USA) Inc.

Hui Chen

Principal, Blackstone

Jason Clark

Principal, Blackstone

Nancy Harvey

CEO, Service Program for Older People, Inc

Judy Pless

Entertainment Executive, SHO Networks (retired)

Aya Taveras

Director of Research and Narrative, Perception Institute

Organizational demographics

SOURCE: Self-reported; last updated 8/31/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Hispanic/Latino/Latina/Latinx
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data