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Charity Math
The 990 read · EIN 13-2645436 · NY · Fiscal year FY ending Jun 2025

The Fortune Society

The Fortune Society Inc: CEO salary, finances and where donations go

In its own words

“The Fortune Society's mission is to support successful re-entry from incarceration. Promote alternatives to incarceration, thus strengthening the fabric of our communities.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$280K Stanley Richards, 0.3% of spending
Revenue
$81.9M 96.8% from donations and grants
Spent
$82.3M 86.3% on programs, as reported
Net assets
$26.7M end of FY ending Jun 2025
Savings
3.9 months of spending, net assets ÷ spending
People
972 employees, 55 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 86.3¢ went to programs, as reported.

The split the charity filed.
86.3¢
Programs, $71.0M
1.9¢
Fundraising, $1.5M
11.9¢
Admin, $9.8M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
2¢
as reported

For each dollar donated, The Fortune Society spent 2¢ on fundraising.

Fundraising ÷ $79.3M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 32.2% of program spending $22.9M

Our ati program, freedom reduces 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 program receive individual case management and group counseling, utilizing evidence-based curriculum, as well as access to fortune's wrap-around services. Those who complete their program successfully receive sentences that require no further incarceration, including probation and community service. In fy2025, we served 314 participants in our ati program and…

Program 2 · 7.2% of program spending $5.1M

Fortune has offered mental health services since july 2011 through the better living center (blc), our office of mental health (omh) mental health outpatient treatment and rehabilitative services (mhotrs) center. 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 fy2025, we served 308 clients through the blc's mental health services. Our…

Program 3 · 24.4% of program spending $17.3M

Transitional services: the transitional services program provides discharge planning services to eligible individuals during their incarceration on rikers island and then continuing reentry support following their release. In fy2025, 367 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. All individuals who enroll in fortune are offered to meet with an entitlement specialist to assess individuals for needed services and assistance with connection to those services. We help…

Form 990 (FY ending Jun 2025), Part III
04 · The savings

Net assets: $5.4M to $26.7M in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
5
5
5
5
6
6
6
7
9
24
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27
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Stanley Richards
President & CEO (outgoing)
$280,356
Robert Deleon
Interim President & CEO
$231,801
Joanne Page
President & CEO (former)
$227,450
Steven Hickman
CFO (outgoing)
$223,735
Sherry Goldstein
VP Agency Operations
$219,875
Marc Piparo
Chief Technology Officer
$205,243
Benjamin Metsch
Chief Strategy Officer
$200,230
Leonard Chavis
VP Administration
$198,485
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Abraham HouseSocial services$905,420
Salsa Catering and Special Events IncFood service$826,876
Bard Prison InitiativeSocial services$588,000
Community AccessSocial services$252,700
Form 990 (FY ending Jun 2025), Part VII, Section B
06 · Questions

The questions people ask about the The Fortune Society.

Short, sourced answers. Each one stands on its own.

How much does the The Fortune Society CEO make?

Stanley Richards, President & CEO (outgoing), received $280,356 in reportable compensation in FY ending Jun 2025, 0.3% of The Fortune Society's $82.3M in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of The Fortune Society donations go to programs?

The Fortune Society reported 86.3% of FY ending Jun 2025 spending as programs, 1.9% as fundraising and 11.9% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does The Fortune Society have?

Net assets were $26.7M at the end of FY ending Jun 2025, about 3.9 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does The Fortune Society have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (FY ending Jun 2025)
07 · Sources and citing

Every number, traced.

  1. The Fortune Society Form 990, FY ending Jun 2025 (IRS e-file)
  2. The Fortune Society Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “The Fortune Society: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/the-fortune-society/