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Charity Contact Info

Modest Needs
115 East 30th Street
1st Floor
New York, NY 10016
tel: (212) 463-7042
EIN: 47-0863430

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Board Leadership

Harold Kahn
Board Chair

CEO

Keith Taylor
President, Founder


Give From Your Donor Advised Fund

Human Services : Social Services

Modest Needs

Small change. A world of difference.

 
  Score
(out of 100)
Rating
Overall Score & Rating 84.81 3 stars
  Financial 90.00 4 stars
  Accountability & Transparency 81.00 3 stars
This rating was published 07/01/2016 and includes data from FY2014, the most recent 990 received at that time.

Overall Rating Chart

Learn more about how we calculate the overall score and rating.

Financial Performance Metrics
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
89.2%
  Administrative Expenses 4.9%
  Fundraising Expenses 5.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.21
  Program Expenses Growth 11.1%
  Liabilities to Assets 6.4%
All data for Financial Performance Metrics calculations was provided by Modest Needs on recent 990s filed with the IRS.

Income Statement     (FYE 12/2014)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,803,309
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,803,309
   Program Service Revenue $0
Total Primary Revenue $1,803,309
   Other Revenue $1,126
TOTAL REVENUE $1,804,435
   
EXPENSES  
   Program Expenses $1,786,070
   Administrative Expenses $133,708
   Fundraising Expenses $119,233
TOTAL FUNCTIONAL EXPENSES $2,039,011
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-234,576
   
Net Assets $439,410

Financial Charts

Compensation of Leaders     (FYE 12/2014)

Compensation % of Expenses Paid to Title
$178,500 8.75% Keith Taylor President

Mission

Modest Needs works to stop the cycle of poverty before it starts for the low-income workers whom conventional philanthropy has forgotten. We do this by empowering compassionate members of the general public to safely and securely help hard-working, low-income households to afford the kinds of short-term emergency expenses. Since 2002, by working together in this very 'modest' way, Modest Needs' donors have stopped 7,659 low-income individuals and families from entering the vicious cycle of poverty and a lifetime of dependence on the public welfare system for their survival. Together, we can make sure that no hard-working person is ever forced to choose between taking a child to the doctor and putting food on the table.

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