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CHARITY REVIEW
Issued: July 2024 Expires: July 2026

A Chance In Life

Accredited Charity
Accredited Charity

Meets Standards
(212) 980-8770
250 East 63rd Street, Suite 204
New York, NY, 10065
https://www.achanceinlife.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

A Chance In Life meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to empower marginalized and at-risk young people around the world with education, healthcare, comprehensive support services and leadership development training."

Year, State Incorporated:
1951, NY

Also Known As:
Boys' Towns of Italy

A Chance In Life (ACL) reports that it works locally and internationally to create positive changes in the lives of children and youth and breaking cycles of poverty. Internationally, the organization provides grants to 37 organizations that support over 6,000 children and youth in 11 countries in Asia, Africa, Latin America and Europe. The organization's grants support over 6,000 children and youth Asia, Africa, Latin America and Europe. Locally, ACL runs a center for children, youth, and the community in the North Shore of Staten Island, providing leadership development, offering nutritional support to the most vulnerable households, and organizing community events.

For the year ended December 31, 2023, A Chance In Life's program expenses were:

Advance, study, and promote positive youth develoment $509,082
Care for marginalized youth $2,259,142
Total Program Expenses $2,768,224

Chief Executive
Gabriele Delmonaco, President and Chief Executive Officer

Compensation*
$309,012

Chair of the Board
Robert Iommazzo

Chair's Profession / Business Affiliation
Co-Founder and Managing Partner, SEBA International

Board Size
15

Paid Staff Size
12

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Corporate solicitation

Fundraising costs were 5% of related contributions. (Related contributions, which totaled $2,505,185, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on A Chance In Life's audited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions $1,950
In-kind contributions $106,976
Investment income, net $319,865
Special events, net $448,044
Total Income $2,823,220

Programs: 79% Fundraising: 14% Administrative: 7%

Total Income $2,823,220
Total expenses: $3,500,944
  Program expenses $2,768,224
  Fundraising expenses $485,632
  Administrative expenses $247,088
  Other expenses $0
Income in Excess of Expenses $-677,724
Beginning Net Assets $3,437,077
Other Changes In Net Assets $0
Ending Net Assets $3,127,943
Total Liabilities $69,568
Total Assets $3,197,511

Note: According to the organization's 2023 audited financial statements, ACL received in-kind income of $106,976 in the form of contributed goods.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance