Modest Needs

Short-term grants to those who are in a temporary crisis but whose needs are not so severe that they would otherwise qualify for conventional welfare assistance

Category:

New York, NY – EIN 470863430  modestneeds.org

Founded in 2002, Modest Needs is a non-profit organization with a unique, threefold mission. Modest Needs exists:

To responsibly provide short-term financial assistance to individuals and families in temporary crisis who, because they are working and live just above the poverty level, are ineligible for most types of conventional social assistance but who (like many of us) are living one or two lost paychecks away from the kind of financial catastrophe that eventually leads to homelessness;

To lessen the burden of state and federal agencies charged with the care of the truly indigent by doing everything in our power to stop these at-risk households from slipping into the cycle of poverty, despite the burden posed by an unanticipated, emergency expense; and

To promote compassion and generosity on the part of individual persons living in the United States and Canada, the areas that we serve, by standing as a living testament to the power of human kindness to change lives, no matter how much (or how little) a person has to share.

In keeping with our mission:

We have designed our programs to help those who work hard and have nowhere else to go for assistance, as well as those who give back to our communities and country such as public school teachers, first responders, veterans returning from service abroad and active duty military members. Our aim is to support those who don’t generally qualify to receive assistance from conventional agencies so that they don’t find themselves losing everything because of a short-term crisis.

As a matter of policy, we do not ever give cash directly to the persons who apply for help from Modest Needs; rather, when our donors empower us to make a grant, we assist the person who has requested our help by remitting payment directly to the vendor or creditor named in the applicant’s documentation.

By operating this way, our donors always know for certain that the funds they’ve made available to our qualified applicants serve only the purpose for which they were intended; and

We never charge a fee to our applicants, and the grants we make come with absolutely no strings attached and never have to be repaid. We make only one request of the people we’re able to help; we ask them to say ‘thank you’ to the individual donors who made it possible for us to help them in their times of need.

Videos

IRS data by ProPublica Nonprofit Explorer


MODEST NEEDS FOUNDATION

NEW YORK, NY 10016-7532 | Tax-exempt since June 2002
  • EIN: 47-0863430
  • Classification (NTEE)
    Emergency Assistance (Food, Clothing, Cash) (Human Services — Multipurpose and Other)
  • Nonprofit Tax Code Designation: 501(c)(3)
    Defined as: Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.
  • Donations to this organization are tax deductible.
Fiscal year ending

Dec. 2019

Fiscal year ending Dec.

2019

PDF

990

Full Text

990 (filed on Feb. 9, 2021)

Full Filing

Raw XML

990

Total Revenue

$1,319,628

Total Functional Expenses $1,208,661
Net income $110,967
Notable sources of revenue Percent of total revenue
Contributions $1,319,628 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $137,500 11.4%
Professional fundraising fees $0
Other salaries and wages $166,940 13.8%
Other
Total Assets $234,269
Total Liabilities $101,647
Net Assets $132,622
Key Employees and Officers Compensation
DR KEITH P TAYLOR (PRESIDENT) $137,500
CHARLES CISSEL (CHAIR) $0
MARIA CASTILLO (TREASURER) $0
THIERRY MELLON (BOARD MEMBER) $0
ROSA NG (VICE-CHAIR) $0
REBEKAH HOFFMAN (BOARD MEMBER) $0
Fiscal year ending

Dec. 2018

Fiscal year ending Dec.

2018

PDF

990

Full Text

990 (filed on Aug. 2, 2019)

Full Filing

Raw XML

990

Total Revenue

$998,737

Total Functional Expenses $996,410
Net income $2,327
Notable sources of revenue Percent of total revenue
Contributions $998,737 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $125,000 12.5%
Professional fundraising fees $0
Other salaries and wages $99,524 10.0%
Other
Total Assets $83,566
Total Liabilities $61,911
Net Assets $21,655
Key Employees and Officers Compensation
DR KEITH P TAYLOR (PRESIDENT) $125,000
CHARLES CISSEL (CHAIR) $0
MARIA CASTILLO (TREASURER) $0
THIERRY MELLON (BOARD MEMBER) $0
ROSA NG (VICE-CHAIR) $0
REBEKAH HOFFMAN (BOARD MEMBER) $0
Fiscal year ending

Dec. 2017

Fiscal year ending Dec.

2017

PDF

990

Total Revenue

$1,022,236

Total Functional Expenses $1,040,089
Net income -$17,853
Notable sources of revenue Percent of total revenue
Contributions $1,022,236 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $137,500 13.2%
Professional fundraising fees $0
Other salaries and wages $103,771 10.0%
Other
Total Assets $82,845
Total Liabilities $63,517
Net Assets $19,328
Fiscal year ending

Dec. 2016

Fiscal year ending Dec.

2016

Full Text

990 (filed on Nov. 30, 2017)

Full Filing

Raw XML

990

Total Revenue

$1,005,324

Total Functional Expenses $1,226,134
Net income -$220,810
Notable sources of revenue Percent of total revenue
Contributions $1,005,324 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $134,663 11.0%
Professional fundraising fees $0
Other salaries and wages $197,272 16.1%
Other
Total Assets $47,428
Total Liabilities $10,247
Net Assets $37,181
Key Employees and Officers Compensation
Dr Keith P Taylor (PRESIDENT) $136,693
MARIANNE WHITE (BOARD CHAIR) $0
CHARLES CISSEL (VICE-CHAIR) $0
MARIA CASTILLO (TREASURER) $0
THIERRY MELLON (BOARD MEMBER) $0
ROSA NG (BOARD MEMBER) $0
ANGELA HAGUE (BOARD MEMBER) $0
Rebekah Hoffman (BOARD MEMBER) $0
Fiscal year ending

Dec. 2015

Fiscal year ending Dec.

2015

Full Text

990 (filed on Nov. 29, 2017)

Full Filing

Raw XML

990

Total Revenue

$1,605,360

Total Functional Expenses $1,943,442
Net income -$338,082
Notable sources of revenue Percent of total revenue
Contributions $1,605,360 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $157,790 8.1%
Professional fundraising fees $0
Other salaries and wages $406,634 20.9%
Other
Total Assets $320,246
Total Liabilities $64,793
Net Assets $255,453
Key Employees and Officers Compensation
Dr Keith P Taylor (President) $157,790
HAROLD KAHN (BOARD CHAIR) $0
MAC WILCOX (TREASURER) $0
MARA ROGERS (SECRETARY) $0
MARIA CASTILLO (BOARD MEMBER) $0
CHARLES CISSEL (BOARD MEMBER) $0
MARIANNE WHITE (BOARD MEMBER) $0
THIERRY MELLON (BOARD MEMBER) $0
Fiscal year ending

Dec. 2014

Fiscal year ending Dec.

2014

PDF

990

Total Revenue

$1,804,435

Total Functional Expenses $2,039,011
Net income -$234,576
Notable sources of revenue Percent of total revenue
Contributions $1,803,309 99.9%
Program services $0
Investment income $1,126 0.1%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $271,325 13.3%
Professional fundraising fees $0
Other salaries and wages $273,547 13.4%
Other
Total Assets $468,617
Total Liabilities $29,207
Net Assets $439,410
Fiscal year ending

Dec. 2013

Fiscal year ending Dec.

2013

PDF

990

Full Text

990 (filed on Dec. 29, 2014)

Full Filing

Raw XML

990

Total Revenue

$1,746,870

Total Functional Expenses $2,623,340
Net income -$876,470
Notable sources of revenue Percent of total revenue
Contributions $1,746,796 100.0%
Program services $0
Investment income $74 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $365,081 13.9%
Professional fundraising fees $0
Other salaries and wages $258,580 9.9%
Other
Total Assets $792,204
Total Liabilities $118,218
Net Assets $673,986
Key Employees and Officers Compensation
DR KEITH TAYLOR (PRESIDENT) $291,183
MEGAN BOYLE ESQ (DIRECTOR OF PROGRAMS) $73,898
MARA ROGERS ESQ (VICE CHAIR) $0
HAROLD KAHN (BOARD CHAIR) $0
MAC WILCOX (TREASURER) $0
AMANDA SWIFT (SECRETARY) $0
SHANNON LAFONT (BOARD MEMBER) $0
Fiscal year ending

Dec. 2012

Fiscal year ending Dec.

2012

PDF

990

Raw XML

990

Total Revenue

$1,780,651

Total Functional Expenses $1,509,530
Net income $271,121
Notable sources of revenue Percent of total revenue
Contributions $1,780,459 100.0%
Program services $0
Investment income $192 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $169,115 11.2%
Professional fundraising fees $0
Other salaries and wages $132,776 8.8%
Other
Total Assets $1,601,801
Total Liabilities $51,345
Net Assets $1,550,456
Fiscal year ending

Dec. 2011

Fiscal year ending Dec.

2011

PDF

990

Raw XML

990

Total Revenue

$2,146,648

Total Functional Expenses $1,378,835
Net income $767,813
Notable sources of revenue Percent of total revenue
Contributions $2,146,648 100%
Program services $0
Investment income $0
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $156,161 11.3%
Professional fundraising fees $0
Other salaries and wages $188,401 13.7%
Other
Total Assets $1,487,333
Total Liabilities $207,998
Net Assets $1,279,335
Fiscal year ending

Dec. 2010

Fiscal year ending Dec.

2010

PDF

990

Total Revenue

$1,953,428

Total Functional Expenses $1,930,501
Net income $22,927
Notable sources of revenue Percent of total revenue
Contributions $1,928,397 98.7%
Program services $24,998 1.3%
Investment income $33 0.0%
Bond proceeds $0
Royalties $0
Rental property income $0
Net fundraising $0
Sales of assets $0
Net inventory sales $0
Other revenue $0
Notable expenses Percent of total expenses
Executive compensation $239,248 12.4%
Professional fundraising fees $0
Other salaries and wages $279,753 14.5%
Other
Total Assets $1,020,295
Total Liabilities $508,773
Net Assets $511,522
Fiscal year ending

Dec. 2009

Fiscal year ending Dec.

2009

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2008

Fiscal year ending Dec.

2008

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2007

Fiscal year ending Dec.

2007

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2006

Fiscal year ending Dec.

2006

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2005

Fiscal year ending Dec.

2005

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2004

Fiscal year ending Dec.

2004

PDF

990
990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2003

Fiscal year ending Dec.

2003

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.

Fiscal year ending

Dec. 2002

Fiscal year ending Dec.

2002

PDF

990

Form 990 documents available

Extracted financial data is not available for this tax period, but Form 990 documents are available for download.


Last Updated: 2021-09-18 11:02
Scroll to Top