The Fortune Society Inc is a 501(c)(3) organization based in Long Island City, New York, registered in 1969, with $75,972,020 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2023)
$76.0M
▲ 17.1% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$74.5M
Net assets
$27.7M
Employees
992
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Fortune Society Inc: 82% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Fortune Society Inc: 4 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Fortune Society Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Fortune Society Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The fortune society's mission is to support successful re-entry from incarceration. promote alternatives to incarceration, thus strengthening the fabric of our communities. we do this by offering a comprehensive array of services, including career development, education, health services, housing, substance abuse treatment, counseling, drop-in-services and advocacy, to support each individual's needs and experiences as they enter the fortune society.
Our ati programs reduce the prison and jail populations, save taxpayers millions of dollars, and each year help hundreds of men and women learn how to lead crime-free, productive lives. clients participating in our ati programs are still under criminal justice supervision while in the community, but they also receive the life-stabilizing services they desperately need. those who complete their program successfully receive sentences that require no further incarceration, including probation and community service. in fy2024, we served 341 participants in our ati programs and successfully graduated 82% of clients eligible for completion.
Fortune has offered mental health services since july 2011 through the better living center (blc), our nys office of mental health (omh)-licensed article 31 outpatient mental health treatment clinic. the blc works to facilitate a seamless transition for individuals with mental health issues who also have histories of incarceration by providing the supportive environment, treatment, and therapy they need to manage their mental illness, while also making progress towards achieving their other life goals. in fy2024, we served 342 clients through the blc's mental health services. our nys office of addiction services and supports (oasas)-licensed outpatient substance abuse treatment services program empowers clients to address and overcome substance use issues. our outpatient treatment program supports clients' efforts to achieve recovery from the life-long chronic illness of substance use and as part of their larger transition to a pro-social, self-directed life in our communities. we provide client-centered treatment that is geared towards the overall improvement of each client's mental, emotional, and physical well-being. every client begins his or her journey with a full assessment and program orientation, followed by intensive individual and group counseling. we also offer lifetime aftercare, so our clients know they can rely on us to help them navigate future challenges. in fy2024, we served 481 clients in our substance abuse treatment program. 37% of the clients discontinued substance use upon discharge from fortune's substance abuse program.
Transitional services: the transitional services program provides discharge preparation services to eligible men and women during their incarceration on rikers island, continuing reentry support following their release. in fy2024, 472 people enrolled in the program after their release from rikers. benefit access: the benefit access program is an integral part of fortune's admissions and intake process. we help clients find out if they are eligible to receive public benefits from any of the government programs available to low-income individuals. we then work with clients to navigate the application process so they can secure critical benefits such as snap (food stamps) and medicaid and stabilize themselves financially. in addition, the program connects clients with expert advice to help with a wide range of issues, such as child support, evictions, accessing and correcting rap sheets, legal services, financial services, credit assistance, and much more. in fy2024, we screened 5,356 individuals in our benefit access program, assisting them in obtaining cash and non-cash public benefits. notable accomplishments in fy2024 included 431 snap benefit recipients, 282 medicaid recipients, 330 financial assistance recipients, and 131 legal counseling sessions.education: our education program empowers clients to achieve personal and professional goals and make progress toward the high school equivalency (hse) diploma, attending college, and preparing for today's job market. clients have the opportunity to develop essential reading, writing, math and computer skills with the support of fortune's dedicated teachers, counselors, and volunteer tutors. our small class size allows each individual to progress at his or her own pace in an environment where all students fe
Revenue grew from $22.3M (FY2013) to $76.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$66.1M
Total liabilities
$38.4M
Net assets
$27.7M
Salaries & benefits
$45.8M
61% of expenses
Board members
31
31 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,972,020▲17.1% | $74,538,570▲19.5% | $27,690,398▲5.5% | $66,063,944▲4.6% | 990 |
| 2022 | $64,890,501▲9.6% | $62,397,419▲39.3% | $26,256,948▲10.5% | $63,177,717▲87.0% | 990 |
| 2021 | $59,216,910▲43.5% | $44,779,426▲14.7% | $23,763,866▲155% | $33,781,145▲71.6% | 990 |
| 2020 | $41,268,534▲3.6% | $39,047,482▲0.2% | $9,326,382▲31.3% | $19,683,060▲18.4% | 990 |
| 2019 | $39,833,881▲15.2% | $38,951,849▲13.1% | $7,104,446▲14.2% | $16,630,898▲7.9% | 990 |
| 2018 | $34,574,097 | $34,437,220▲0.4% | $6,221,454▲2.2% | $15,409,655▲3.4% | 990 |
| 2017 | $34,591,065▲10.8% | $34,308,413▲12.5% | $6,085,539▲2.6% | $14,906,596▲21.0% | 990 |
| 2016 | $31,206,501▲15.7% | $30,484,060▲13.2% | $5,933,267▲13.8% | $12,315,355▲22.6% | 990 |
| 2015 | $26,983,053▲9.6% | $26,918,304▲9.8% | $5,212,273▲1.3% | $10,042,444▼7.3% | 990 |
| 2014 | $24,627,588▲10.3% | $24,520,464▲13.0% | $5,146,683▼4.4% | $10,828,764▼5.3% | 990 |
| 2013 | $22,336,783 | $21,699,850▲14.7% | $5,381,956▲13.4% | $11,435,940▲23.7% | 990 |
| 2012 | — | $18,912,955▲5.0% | $4,745,023▲2.6% | $9,244,225▲15.2% | 990 |
| 2011 | — | $18,005,498▲0.1% | $4,625,375▲3.3% | $8,025,413▼3.8% | 990 |
| 2010 | — | $17,987,514 | $4,477,576 | $8,339,366 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Joanne Page — $311,211 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joanne Page | President/ceo (outgoing) | 35 | $311,211 |
| Stanley Richards | President & Ceo | 35 | $225,599 |
| Steven Hickman | Cfo | 35 | $210,859 |
| Sherry Goldstein | Vp Agency Operations | 35 | $210,566 |
| Marc Piparo | Chief Technology Officer | 35 | $197,312 |
| Robert Deleon | Deputy Ceo | 35 | $194,153 |
| Leonard Chavis | Vp Administration | 35 | $192,368 |
| Benjamin Metsch | Chief Strategy Officer | 35 | $188,371 |
| Ronald Day | Senior Vice President | 35 | $167,278 |
| Randi Rothschild | Chief Program Officer | 35 | $154,188 |
| Alan Patricof | Director | 0.3 | — |
| Alphonzo Elder | Vice Chairperson | 1 | — |
| Andrea Shaprio | Director | 0.3 | — |
| Anthony M Mastellone | Director | 0.3 | — |
| Betty P Rauch | Director | 0.3 | — |
| Carlos Polanco | Director | 0.3 | — |
| Caroline Marshall | Director | 0.3 | — |
| Danny Franklin | Director | 0.3 | — |
| David A Kochman | Director | 0.3 | — |
| David Sicher | Director | 0.3 | — |
| Contractor | Services | Paid |
|---|---|---|
| Abraham House | Social Services | $751,180 |
| Abraham House | Social Services | $751,180 |
| Driscoll Foods | Food Service | $694,081 |
| Driscoll Foods | Food Service | $694,081 |
| Community Access | Social Services | $517,568 |
| Community Access | Social Services | $517,568 |
| Robert Half | Employment Agency | $352,920 |
| Robert Half | Employment Agency | $352,920 |
103 grants to The Fortune Society Inc totaling $34.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Center | Equity, human rights, and economic empowerment | 2024 | $147,300 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $136,600 |
| American Online Giving Foundation Inc | General support | 2024 | $11,088 |
| Greater Horizons | Human services | 2024 | $10,000 |
| Fjc | General operating support | 2024 | $7,500 |
| United Way of New York City | Atlas is comprised of three programs: atlas functional family therapy, atlas innovation fund, and atlas hope (healing, opportunity, progress, empowerment). additionally, uwnyc provides capacity building services to all partners. the mission of atlas is to enhance public safety by providing voluntary, non-court mandated programs through community-based organizations and place-based strategies in neighborhoods that have historically borne the brunt of violence and over-enforcement | 2023 | $908,553 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $343,600 |
| Research Foundation of the City University of New York | Research | 2023 | $275,193 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $116,818 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $81,500 |
| Food Bank For New York City | Program support | 2023 | $77,341 |
| The New York Community Trust | For general support. | 2023 | $39,600 |
| National Philanthropic Tr | Human services | 2023 | $38,192 |
| Enterprise Community Partners Inc | Capacity building | 2023 | $33,000 |
| American Online Giving Foundation Inc | General support | 2023 | $19,959 |
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Data for The Fortune Society Inc (EIN 13-2645436) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.