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CHARITY REVIEW
Issued: December 2023 Expires: December 2025

Goddard Riverside Community Center

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
593 Columbus Avenue
New York, NY, 10024-1904

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

Goddard Riverside Community Center meets the 20 Standards for Charity Accountability.

Stated Purpose:
We work every day for a fair and just society where all people have the opportunity to make choices that lead to better lives for themselves and their families.

Year, State Incorporated:
1959, NY

Goddard Riverside is a community-based multi-service agency with roots in the settlement house tradition.  We work to transform communities, change individual lives and create a more just society where everyone, regardless of status or life circumstances can live life to the fullest.  Goddard serves more than 22,000 people a year through 27 programs at 22 sites in New York City.  Our programs are catalysts for social and economic change, advancing a vision of a more just and compassionate society.

For the year ended June 30, 2023, Goddard Riverside Community Center's program expenses were:

Supportive housing $9,336,886
Homeless and mental health programs $7,562,240
Youth programs $4,543,366
Family and community support $2,245,731
Aging services $2,106,997
Early childhood $1,698,022
Total Program Expenses $27,493,242

Chair of the Board
Marcia Bystryn

Chair's Profession / Business Affiliation

Board Size
42

Paid Staff Size
422

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.), Other

% of Related Contributions on Fundraising: 4.17%

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 Goddard Riverside Community Center's audited financial statements for the year ended June 30, 2023.

Source of Funds
Government grants $23,128,704
Contributions $6,897,275
Reimbursements from affiliates $1,012,705
Program fees $938,074
Benefit events $544,019
In-kind contribution $350,535
Other income $158,963
Less: direct benefit events expense $-120,832
Investment loss from affiliate $-2,413,168
Net investment loss $-9,627,657
Total Income $20,868,618

Programs: 82% Fundraising: 4% Administrative: 14%

Total Income $20,868,618
Total expenses: $33,531,419
  Program expenses $27,493,242
  Fundraising expenses $1,283,283
  Administrative expenses $4,754,894
  Other expenses $0
Income in Excess of Expenses $-12,662,801
Beginning Net Assets $99,386,070
Other Changes In Net Assets $0
Ending Net Assets $86,723,269
Total Liabilities $14,614,315
Total Assets $101,337,584

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.

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Report completed by:
BBB Foundation of Metropolitan New York