A Chance In Life
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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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.
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