Exponents
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Exponents meets the 20 Standards for Charity Accountability.
Stated Purpose:
Exponents is a nonprofit organization located in the heart of New York City compassionately dedicated to serving those impacted by HIV/ AIDS, substance use, incarceration, and behavioral health challenges. We deliver these services through a client -centered, strength -based approach which greatly improves health outcomes and promotes overall wellness in our communities.
Year, State Incorporated:
1990, NY
Our programs are tailored to complement one another and to provide a continuum of services that help active drug users through all varying stages of recovery. We don't just treat the problem -we help the person get better. Each of our programs builds skills, educates, and provides life -saving information. Individuals learn user -friendly, self empowering techniques to manage stress, promote healthy behavior, avoid relapse, and become self - advocates.
Exponents is a client driven organization rather than program driven.
The individualized strategy responds to the changing personal needs of men and women with histories of substance abuse and incarceration regardless of their stage of addiction and recovery. Many are at risk for or have diagnoses of HIV and Hepatitis C. Exponents has assisted individuals in stabilizing their lives through health and wellness training; access to primary and mental health care and professional development programs for employment in health care and substance abuse fields. We assist our clients in learning that their past life experiences have value and that they can draw on these experiences to direct their futures into purposeful lives.
We have helped over 20,000 individuals turn their lives around. In an average year, we provide over 30,000 services to over 2,000 people. Our inclusive environment welcomes people of every race, gender, and sexual orientation. The diversity of our participants also includes people at varying stages of recovery.
For the year ended June 30, 2023, Exponents's program expenses were:
| Program services | $3,675,771 |
| Total Program Expenses | $3,675,771 |
Chief Executive
Joseph Turner, Chief Executive Officer
Chair of the Board
George Brandman, Technology
Chair's Profession / Business Affiliation
JP Morgan Chase
Board Size
10
Paid Staff Size
45
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Internet, Appeals via Social Media (Facebook, etc.)
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 Exponents's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Grants | $3,177,927 |
| Training fees | $474,467 |
| Contributions | $322,108 |
| Medicaid | $317,765 |
| Other | $88,755 |
| Employee retention credits | $75,000 |
| Total Income | $4,456,022 |
Programs: 81% Fundraising: 4% Administrative: 15%
| Total Income | $4,456,022 |
| Total expenses: | $4,541,060 |
| Program expenses | $3,675,771 |
| Fundraising expenses | $169,522 |
| Administrative expenses | $701,076 |
| Other expenses | $-5,309 |
| Income in Excess of Expenses | $-85,038 |
| Beginning Net Assets | $2,702,100 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,617,062 |
| Total Liabilities | $5,318,781 |
| Total Assets | $7,935,843 |
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
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York