BBB Wise Giving Report for
Pajama Program

BBB Wise Giving Report issued February 2010
BBB Wise Giving Report expires February 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Pajama Program
Address: 34 East 39th Street, Suite B
  New York, NY 10016
Phone: 212-716-9757
Web Address: www.pajamaprogram.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2002, New York
Affiliates: 66 chapters
Stated Purpose: "to provide a loving environment for children who have lived through a great deal of hurt in their young lives to give them hope for a better tomorrow."

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Evaluation Conclusions

              

Pajama Program (PP) meets the 20 Standards for Charity Accountability.
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Programs

              

PP provides new pajamas and books to needy children in the United States, and around the world, many who are waiting and hoping to be adopted. The organization identifies key institutions in major cities in the U.S. and other countries where children are living temporarily as they wait and hope for adoption. In addition, PP volunteers establish reading programs with the children. PP has 70 chapters nationwide in 42 states and also operates three (3) Reading Centers: New York, NY, Yonkers, NY and Red Bank, NJ.

For the year ended December 31, 2008, PP's program expenses were:

  
Program services 1,384,352
Total Program Expenses: $1,384,352
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Governance

              

Chief Executive : Genevieve Piturro, Founder/Executive Director
Compensation*:
$128,361

Chair of the Board: Les Thompson
Chair's Profession / Business Affiliation: CPA

Board Size: 5

Paid Staff Size: 9

*2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Direct mail, special events, grant proposals, and Internet appeals.
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $2,535,280, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on PP's audited financial statements for the year ended December 31, 2008.

Source of Funds  
Goods and services received 1,608,079
Contributions 692,136
Fundraising events 235,065
Rent 15,000
Interest income 2,431
Total Income $2,552,711


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Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 12%  Administrative: 11% 

Total income   $2,552,711
  Program expenses $1,384,352
  Fund raising expenses 206,448
  Administrative expenses 192,972
 
Total expenses   $1,783,772
Income in Excess of Expenses   768,939
Beginning net assets   279,114
Ending net assets   1,048,053
Total liabilities   34,846
Total assets   $1,082,899

Note: In 2008, PP reported in-kind contributions in the amount of $1,623,079, which consisted of pajamas and books ($1,608,079) and rent ($15,000).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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