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Community Development : Housing and Neighborhood Development

Mayor's Fund to Advance New York City

Promoting partnerships between the City and the private sector

three stars

86.67

253 Broadway 6th Floor
New York, NY 10007
tel: (212) 788-7794   Web Site
EIN: 13-3783906

Board Leadership
Chirlane I. McCray
Chair

CEO
Darren Bloch
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 86.67 three stars
  Financial 82.50 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 09/01/2017 and includes data from FY2016, the most recent 990 received at that time.

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

Financial

three stars

82.50

Accountability & Transparency

four stars

93.00

This rating was published 09/01/2017 and includes data from FY2016, 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)
98.9%
  Administrative Expenses 0.5%
  Fundraising Expenses 0.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.38
  Program Expenses Growth -6.4%
  Liabilities to Assets 30.7%
All data for Financial Performance Metrics calculations was provided by Mayor's Fund to Advance New York City on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Mayor's Fund to Advance New York City on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Mayor's Fund to Advance New York City (NY) 86.67 three stars
Local Initiatives Support Corporation (NY) 90.64 four stars
Los Angeles Alliance for a New Economy (CA) 88.36 three stars
Staten Island Economic Development Corporation (SIEDC) (NY) 86.82 three stars
Neighborhood Partnerships (OR) 87.74 three stars

Compare These Charities (Highly Rated)

Established in 1994, the Mayor's Fund to Advance New York City serves as an important vehicle for foundations, corporations and individuals to contribute to public programs and enhance the City's ability to serve its residents. Since government can't do it all, the Mayor's Fund is committed to making a meaningful difference in the lives of New Yorkers with the help of private sector partners. The Fund invests private donations in programs to support innovation and emerging needs, while evaluating their effectiveness and feasibility of future public funding. The Mayor's Fund brings people together to fill vital needs, support innovative new initiatives, and help make New York an even more vibrant and dynamic place to live and work.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,826,645
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $6,971,299
Total Contributions $24,797,944
   Program Service Revenue $0
Total Primary Revenue $24,797,944
   Other Revenue $56,222
TOTAL REVENUE $24,854,166
   
EXPENSES  
   Program Expenses $28,241,968
   Administrative Expenses $222,083
   Fundraising Expenses $348,540
TOTAL FUNCTIONAL EXPENSES $28,812,591
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,958,425
   
Net Assets $15,659,632

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Social Innovation Fund $5,645,801 20.0%
Young Men's Initiative $4,894,548 17.3%
New York City Service $3,144,203 11.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 09/01/2017 86.67 three stars
2015-06 10/01/2016 92.48 four stars
2014-06 06/01/2016 95.47 four stars
 
CN 2.0
2014-06 11/01/2015 90.67 four stars
2013-06 10/01/2014 96.64 four stars
2012-06 11/01/2013 94.04 four stars
2011-06 10/01/2012 96.22 four stars
2010-06 04/01/2012 97.17 four stars
2010-06 11/01/2011 86.56 three stars
2009-06 09/20/2011 89.93 three stars
 
CN 1.0
2009-06 11/01/2010 97.41 four stars
2008-06 10/01/2009 97.42 four stars
2007-06 10/01/2008 95.82 four stars
2006-06 07/01/2007 99.86 four stars
2005-06 11/01/2006 89.78 three stars
2004-06 12/01/2005 97.35 four stars
2003-06 11/01/2004 97.28 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3783906
Name in IRS Master File THE MAYORS FUND TO ADVANCE NEW YORK CITY
NTEE Code S20
NTEE Classification Community, Neighborhood Development, Improvement (General)
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (404) Community promotion
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
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).
Group Name [Not Applicable]
Ruling Date April, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$178,616 0.61% Darren S. Bloch President

Established in 1994, the Mayor's Fund to Advance New York City serves as an important vehicle for foundations, corporations and individuals to contribute to public programs and enhance the City's ability to serve its residents. Since government can't do it all, the Mayor's Fund is committed to making a meaningful difference in the lives of New Yorkers with the help of private sector partners. The Fund invests private donations in programs to support innovation and emerging needs, while evaluating their effectiveness and feasibility of future public funding. The Mayor's Fund brings people together to fill vital needs, support innovative new initiatives, and help make New York an even more vibrant and dynamic place to live and work.

Highly Rated

Charity Name & State Overall Score Overall Rating
Mayor's Fund to Advance New York City (NY) 86.67 three stars
CompassPoint Nonprofit Services (CA) 85.16 three stars
Urban Homeworks (MN) 85.18 three stars
West Valley Community Services (CA) 89.39 three stars
Women's Community Revitalization Project (PA) 88.88 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Mayor's Fund to Advance New York City
253 Broadway
6th Floor
New York, NY 10007
tel: (212) 788-7794
fax: (212) 312-0930
EIN: 13-3783906

Visit Web Site

Board Leadership

Chirlane I. McCray
Chair

CEO

Darren Bloch
Executive Director

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