Health : Patient and Family Support

Friends of Karen

A children's charity

three stars

89.74

118 Titicus Road North Salem, NY 10560
tel: (914) 277-4547   Web Site
EIN: 14-1612290

Board Leadership
Pam Hervey
President

CEO
Judith R. Factor
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.74 three stars
  Financial 85.50 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1978, Friends of Karen provides vital, practical and comprehensive support, at no cost, to families caring for a child with a life-threatening illness. Friends of Karen achieves its mission by providing direct financial assistance with medical care, illness-related expenses and household expenses that families cannot afford due to loss of income as a result of their child's illness; serving as an advocate for the sick child and her/his family with government and private agencies; providing a Sibling Support Specialist to help youngsters better understand and cope with their sister's/brother's illness; investigating resources available to the child and his/her family; offering bereavement support for parents who have lost a child and for siblings who have lost a brother or sister; assisting families through the difficult maze of health insurance; and acting as a referral source and providing guidance to families with ill children outside our guidelines.

Founded in 1978, Friends of Karen provides vital, practical and comprehensive support, at no cost, to families caring for a child with a life-threatening illness. Friends of Karen achieves its mission by providing direct financial assistance with medical care, illness-related expenses and household expenses that families cannot afford due to loss of income as a result of their child's illness; serving as an advocate for the sick child and her/his family with government and private agencies; providing a Sibling Support Specialist to help youngsters better understand and cope with their sister's/brother's illness; investigating resources available to the child and his/her family; offering bereavement support for parents who have lost a child and for siblings who have lost a brother or sister; assisting families through the difficult maze of health insurance; and acting as a referral source and providing guidance to families with ill children outside our guidelines.

Financial

three stars

85.50

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.5%
  Administrative Expenses 7.5%
  Fundraising Expenses 10.8%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 1.58
  Program Expenses Growth 1.5%
  Liabilities to Assets 2.4%
All data for Financial Performance Metrics calculations was provided by Friends of Karen on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Friends of Karen on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,553,074
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,206,437
   Related Organizations $0
   Government Grants $82,500
Total Contributions $3,842,011
   Program Service Revenue $0
Total Primary Revenue $3,842,011
   Other Revenue $34,584
TOTAL REVENUE $3,876,595
   
EXPENSES  
   Program Expenses $3,012,776
   Administrative Expenses $309,927
   Fundraising Expenses $513,961
TOTAL FUNCTIONAL EXPENSES $3,836,664
   
Payments to Affiliates $0
Excess (or Deficit) for the year $39,931
   
Net Assets $6,290,089

Charts

Compensation % of Expenses Paid to Title
$192,000 5.00% Judith Factor Executive Director

Mission

Founded in 1978, Friends of Karen provides vital, practical and comprehensive support, at no cost, to families caring for a child with a life-threatening illness. Friends of Karen achieves its mission by providing direct financial assistance with medical care, illness-related expenses and household expenses that families cannot afford due to loss of income as a result of their child's illness; serving as an advocate for the sick child and her/his family with government and private agencies; providing a Sibling Support Specialist to help youngsters better understand and cope with their sister's/brother's illness; investigating resources available to the child and his/her family; offering bereavement support for parents who have lost a child and for siblings who have lost a brother or sister; assisting families through the difficult maze of health insurance; and acting as a referral source and providing guidance to families with ill children outside our guidelines.

Highly Rated

Charity Name & State Overall Score Overall Rating
Friends of Karen (NY) 89.74 three stars
Philadelphia Ronald McDonald House (PA) 95.67 four stars
Caring Voice Coalition (VA) 95.47 four stars
Atlanta Ronald McDonald House Charities (GA) 94.11 four stars
Ronald McDonald House of Long Island (NY) 94.72 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Friends of Karen
118 Titicus Road
North Salem, NY 10560
tel: (914) 277-4547
fax: (914) 277-4967
EIN: 14-1612290

Visit Web Site

Board Leadership

Pam Hervey
President

CEO

Judith R. Factor
Executive Director