Your donation attempt encountered a problem. Please refresh the page to try again.
You're faster than our page! Give the page a little longer to finish loading and try your donation again.
247 W 37TH ST 4TH FLOOR
New York NY 10018-5706
New York NY | IRS ruling year: 1989 | EIN: 14-1719016
THE CRENULATED COMPANY LTD. PROVIDES VARIOUS SOCIAL SERVICE PROGRAMS AND OTHER COMMUNITY PROGRAMS THROUGH ITS AFFILIATED ORGANIZATION THAT OWNS A COMMUNITY CENTER. I ... (More)
THE CRENULATED COMPANY LTD. PROVIDES VARIOUS SOCIAL SERVICE PROGRAMS AND OTHER COMMUNITY PROGRAMS THROUGH ITS AFFILIATED ORGANIZATION THAT OWNS A COMMUNITY CENTER. IT ALSO CONTINUES ITS MISSION TO PROVIDE SUPPORT TO RELATED ENTITIES THAT OPERATE AND MANAGE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES. (Less)
Great
This charity's score is 98%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.
This overall score is calculated from multiple beacon scores: 80% Accountability & Finance, 10% Leadership & Adaptability, 10% Culture & Community. Learn more about our criteria and methodology.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!
The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). As a result, the Accountability & Finance score for The Crenulated Company Ltd. is outdated and the overall rating may not be representative of its current operations. Please check with the charity directly for any questions you may have.
The Crenulated Company Ltd. has earned a 97% for the Accountability & Finance beacon. See the metrics below for more information.
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
This Accountability & Finance score represents IRS Form 990 data up until FY 2020, which is the most recent Form 990 currently available to us.
Learn more
Full Credit
Partial Credit
No Credit
Not ApplicableBoard Composition - 7/9 - 25/25 ptsBoard Composition - 7/9 - 25/25 pts
Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried).
The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.
Source: IRS Form 990
Independent Audit or Financial Review - Audited - 20/20 ptsIndependent Audit or Financial Review - Audited - 20/20 pts
An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:
| Total Revenue Amount | Expectation to Receive Credit |
|---|---|
| $1 million or higher | Expected to complete an audit |
| $500,000 - $1 million | Expected to complete an audit, review, or compilation |
| Less than $500,000 | No expectation (removed from scoring methodology) |
Source: IRS Form 990
Conflict of Interest Policy - Listed - 3/3 ptsConflict of Interest Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a conflict of interest policy on the Form 990 as an accountability and transparency measure.
This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.
Source: IRS Form 990
Board Meeting Minutes - Documented - 3/3 ptsBoard Meeting Minutes - Documented - 3/3 pts
Charity Navigator looks to confirm on the Form 990 that the organization has this process in place as an accountability and transparency measure.
An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.
Source: IRS Form 990
Document Retention and Destruction - Missing - 0/3 ptsDocument Retention and Destruction - Missing - 0/3 pts
Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure.
This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.
Source: IRS Form 990
Whistleblower Policy - Listed - 3/3 ptsWhistleblower Policy - Listed - 3/3 pts
Charity Navigator looks for the existence of a whistleblower policy per the Form 990 as an accountability and transparency measure.
This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.
Source: IRS Form 990
Website - Listed - 3/3 ptsWebsite - Listed - 3/3 pts
Charity Navigator looks for a website on the Form 990 as an accountability and transparency metric.
Nonprofits act in the public trust and reporting publicly on activities is an important component.
Source: IRS Form 990
Full CreditPartial CreditNo CreditNot ApplicableLiabilities to Assets Ratio - 48.76% - 15/15 ptsLiabilities to Assets Ratio - 48.76% - 15/15 pts
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This ratio is an indicator of an organization’s solvency and/or long-term sustainability.
| Liabilities to Assets Ratio | Amount of Credit Received |
|---|---|
| Less than 50% | Full Credit |
| 50% - 59.9% | Partial Credit |
| 60% or more | No Credit |
Source: IRS Form 990
Program Expense Ratio - 97.77% - 25/25 ptsProgram Expense Ratio - 97.77% - 25/25 pts
The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.
| Program Expense Percentage | Amount of Credit Received |
|---|---|
| 70% or higher | Full Credit |
| 60% - 69.9% | Partial Credit |
| 50% - 59.9% | Zero Points for Program Expense Score |
| Below 50% | Zero Points for Both Program Expense AND Liabilities to Assets Scores |
Source: IRS Form 990
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
No Data Available
Key Persons data is currently unavailable for this organization. This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years.
Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website
Activities:
Low-income housing (BMF activity code: 380)
Foundation Status:
Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2) (BMF foundation code: 16)
Affiliation:
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (The Crenulated Company Ltd.) or EIN (141719016) in the 'Search Term' field.
This organization was impacted by COVID-19 in a way that effected their financial health in 2020. This normally would have reduced their star rating. Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them, and doing this pauses our revision of their rating. Charities may submit their own pandemic responses through their nonprofit portal.
The Crenulated Company Ltd. reported being impacted by COVID-19 in the following ways:
Program Delivery
Revenue
Staffing
Administrative Capacity
Balance Sheet
How COVID-19 impacted the organization's operations financially:
New Settlement was struck in the first months of the crisis by a severe drop in revenue caused by the closing of our community center (which raises revenues from member fees, classes and space rental) and the loss of rental income from our housing affiliates. Eventually this was made up with PPP funding. We were able to keep staff on payroll.
How COVID-19 impacted the organization's delivery of programs:
The quarantine moved many of our youth programs to remote services; our staff provided wellness checks and referrals to needed services. We raised money for emergency cash assistance to families struggling in the pandemic. We provided pop-up emergency food distribution, launched two Learning Lab program sites and our community center served as a pop up vaccination site. Our college access center and youth workforce programs continued remotely.
How this organization adapted to changing conditions caused by COVID-19:
Our youth staff who work in college access and workforce development programming successfully pivoted programming to ensure that young people they serve remain engaged and focused on their futures. The biggest adaptation for us was having staff who normally work as college advisors, job development counselors or after school educators also provide front-line case management (counseling, referrals) to youth and families who were struggling.
Innovations the organization intends to continue permanently after the pandemic:
In the Southwest Bronx community we serve, we saw hunger emerging as a crisis for the low-income families of our neighborhood. This has not waned as programs and services have opened up. We are offering a full-time food pantry that we opened within our community center for families in need. A Community Growers program, funded by the State, teaches low-income community members to grow healthy food, using a community rooftop garden at our community center. We have been distributing food cards and our pop up food distribution programs continue. Our 170 farmstand distributes fresh food to hundreds of our neighbors.
Not Currently Scored
The Crenulated Company Ltd. cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
Learn More
The Crenulated Company Ltd. reported its largest program on its FY 2020 Form 990 as:
Spent in most recent FY
Percent of program expenses
COMMUNITY SERVICES & EDUCATIONAL PROGRAMS: THE CRENULATED COMPANY,LTD. SERVES THE COMMUNITY WITH PROGRAMS LIKE THE COLLEGE ACCESS CENTER AND THE PARENTS ACTION COMMITTEE, WHICH PROVIDE IMPORTANT RESOU ... (More)
COMMUNITY SERVICES & EDUCATIONAL PROGRAMS: THE CRENULATED COMPANY,LTD. SERVES THE COMMUNITY WITH PROGRAMS LIKE THE COLLEGE ACCESS CENTER AND THE PARENTS ACTION COMMITTEE, WHICH PROVIDE IMPORTANT RESOURCES TO THE NEIGHBORHOOD'S YOUTH AND FAMILIES.THE CRENULATED COMPANY, LTD. COLLABORATES CLOSELY WITH A WIDE RANGE OF EDUCATIONAL INSTITUTIONS, HOUSING AND COMMUNITY DEVELOPMENT ORGANIZATIONS, BUSINESSES, YOUTH DEVELOPMENT AND SOCIAL SERVICE AGENCIES IN THE NEIGHBORHOOD, BRONX-WIDE, ACROSS NYC AND STATE, AND NATIONALLY. (Less)
The Crenulated Company Ltd. has earned a 100% for the Culture & Community beacon. See the metrics below for more information.
This beacon provides an assessment of the organization's culture and connectedness to the community it serves.
Learn more
Full CreditPartial CreditNo CreditNot ApplicableConstituent Feedback - Data Available - 100/100 ptsConstituent Feedback - Data Available - 100/100 pts
30% of beacon score
This organization reported that it is collecting feedback from the constituents and/or communities it serves. Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective.
Who are the people you serve with your mission? Describe briefly.
Our programs serve children youth and families of the Bronx CD4 and surrounding Southwest Bronx communities.
How is your organization collecting feedback from the people you serve?
Electronic surveys (by email, tablet, etc.), Focus groups or interviews (by phone or in person), Paper surveys, Case management notes, Community meetings or town halls, Constituent (client or resident, etc.) advisory committees
How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
With whom does your organization share the feedback you got from the people you serve?
The people we serve, Our staff, Our board, Our funders, Our community partners
How has asking for feedback from the people you serve changed your relationship with them or shifted power - over decisions, resources, rules or in other ways - to them?
New Settlement's two community organizing initiatives--Community Action for Safe Apartments (CASA) and the Parent Action Committee (PAC)- bring community members together to fight for safe homes and schools. In recent years these programs, organized by New Settlement but empowered by direct community involvement- supported rent freezes for our neighbors during the crisis, keeping many in their homes, and also won healing centers in our schools as an alternative to policing. People from the community we serve has shaped these campaigns and held an active voice in their accomplishments.
What challenges does your organization face in collecting feedback from the people you serve?
We don't have the right technology to collect and aggregate feedback efficiently, It is difficult to find the ongoing funding to support feedback collection
Briefly describe a recent change that your organization made in response to feedback from the people you serve.
Food insecurity and hunger became very real problems for individuals and families of our community during the Covid crisis, while at the same time traditional food pantries and kitchens in the community closed down. New Settlement has responded on a number of fronts--distributing food purchase cards to families in our programs, conducting food box giveaways in our neighborhood and starting a 'community growers' program to help low income families grow and distribute healthy food. We have launched an ongoing food pantry for our neighbors. Another example if the neighborhood play space and tot-lot that was advocated for and designed by our community members, providing safe green spaces for neighborhood families to gather and children to play.
Equity Practices - Data Available - 100/100 ptsEquity Practices - Data Available - 100/100 pts
70% of beacon score
This organization's score of 100 is a passing score. The organization reported that it is implementing 13 Equity Practices. Charity Navigator believes nonprofit organizations implementing effective equity policies and practices can enhance a nonprofit's decision-making, staff motivation, innovation, and effectiveness.
Equity Practices (6/7) | |
|---|---|
We review compensation data across the organization (and by staff levels) to identify disparities by race. | |
We ask team members to identify racial disparities in their programs and/or portfolios. | |
We analyze disaggregated data and root causes of race disparities that impact the organization/'s programs, portfolios, and the populations served. | |
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support. | |
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders. | |
We disaggregate data by demographics, including race, in every policy and program measured | |
We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization. | |
Equity Policies and Procedures (7/7) | |
|---|---|
We use a vetting process to identify vendors and partners that share our commitment to race equity. | |
We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions. | |
We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization. | |
We have community representation at the board level, either on the board itself or through a community advisory board. | |
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability. | |
We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team. | |
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization. | |
The Crenulated Company Ltd. has earned a 100% for the Leadership & Adaptability beacon. See the metrics below for more information.
This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
Learn more
Full CreditPartial CreditNo CreditNot ApplicableMission - 10/10 ptsMission - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission
New Settlement’s mission is to stand with community members in the Bronx to break barriers, advance justice, promote leadership and strengthen neighborhoods. Since New Settlement’s inception in 1989 as a settlement house rooted in the Bronx, our organization has been a responsive community partner. For more than 30 years, our success in neighborhood revitalization and community building has been achieved through close collaboration with community members, educational institutions, housing and community development organizations, businesses, and youth development and social service agencies in the Mount Eden neighborhood and Bronx-wide.
Vision - 10/10 ptsVision - 10/10 pts
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.
Rooted in the Bronx, we stand with community members to break systemic barriers, advance justice, promote leadership and strengthen neighborhoods. By ensuring agency around education, employment, housing, wellness and creative expression, we help cultivate an equitable society where individuals and families have the power to use their voice to create the change they wish to see.
Source: Nonprofit submitted responses
Goals - 20/20 ptsGoals - 20/20 pts
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: Expand and develop college and career readiness, youth development, education, health and wellness programming to raise aspirations and build opportunity for our youth
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Two: Support Community-Driven Change by organizing community members to address specific needs (safer, better housing and schools) , enabling us to create a collective, meaningful impact and ignite change.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Three: Improving health and wellness of our youth, families and neighbors through expansion of our community center programming (aquatics, dance, arts, sports, health and wellness, community events.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Leadership Development - 15/15 ptsLeadership Development - 15/15 pts
The nonprofit provides evidence of investment in leadership development
With a new Executive Director (October 2020) New Settlement has invested in external resources to support the leadership's vision and outreach. Marino PR is working with us on branding and communications strategies to help us cement our position as a leader in our field in the Bronx. Senior leadership staff are engaged in trainings held by Community Resource Exchange, United Neighborhood Houses and Partnership for After School Education to build their leadership skills.
Mobilizing for Mission - 15/15 ptsMobilizing for Mission - 15/15 pts
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
Strategic Partnerships
Networks of Collective Impact Efforts
Raising Awareness
Community Building
Policy Advocacy
New Settlement programs operate as part of Bronx-wide and City-wide coalitions of nonprofit agencies to increase impact and gain resources. Our College Access Center staff are engaged partners in the College Access Consortium of New York, the Bronx Opportunity Network and others; our CASA and PAC community organizing initiatives are part of Right to Council NYC, Bronx Coalition for a Community Vision, Dignity in Schools Coalition and others. We have just been selected to lead the States' Gun Antiviolence Initiative in The Bronx. We are a member of United Neighborhood Houses of New York and the Bronx Cluster of Settlement Houses.
Adaptability Story - 30/30 ptsAdaptability Story - 30/30 pts
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
Over the past year New Settlement’s community faced extraordinary challenges. In Spring 2020 our program leaders and staff were faced with the sudden closing of physical program spaces, including our community center and aquatics center, the YAOI Center, our college access center and other school-based and community-based program sites. At the time, we were responsible for the health, safety and security of 3500 residents of New Settlement-affiliated housing. While health and safety were the first concern, the closing of our community center-a huge source of revenue for New Settlement- and the rent freeze on our tenants who lost jobs and income put New Settlement in a precarious financial position. But most importantly, the youth and families of Mount Eden and surrounding Southwest Bronx neighborhoods who rely on our programs and services continued through the year to be deeply affected by the economic downturn, food security, political and social unrest, concerns of shortages and worries about the health of their families. New Settlement staff worked tirelessly through the year to develop virtual programming, conduct wellness checks and case management, and protect the health and safety of our residents. Our Young Adult Opportunity Initiative continued providing job development guidance and counseling on-line while our front-line workers who also operated as de-facto case workers. Our College Access Center kept 1200 young people on track to pursue and stay in college, providing emergency grants and ongoing counseling. New Settlement provided over 1,500 families with food, PPE, and/or emergency cash relief. New Settlement opened two Learning Labs to support our partner DOE schools. The 170 Farm Stand remained open through COVID-19 Closures providing Bronx families access to healthy food. And new partnerships with Global Humanitaria and Columbia University Center for Justice provided our families with 800 food bags and over 100 toys for our school based programs.
Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
The Giving Basket is having some issues. If you wish to donate, please refresh the page. If the problem persists contact us.
Cart ID: Not Assigned
The Giving Basket is having some issues. If you wish to donate, please refresh the page. If the problem persists contact us.
Cart ID: Not Assigned
