2024-02-15T18:34:53-06:00 2023-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVE 3RD FLOOR NEW YORK NY 100172013 990 2022-07-01 135562191 THE CHILDREN'S AID SOCIETY CHIL 2129494800 117 W 124TH STREET NEW YORK NY 10027 MICHAEL GREENBERG CFO 2129494800 2024-05-15 1 MICHAEL GREENBERG XXX-XX-XXXX 1 SCOTT THOMPSETT P00741490 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PHOEBE BOYER 117 W 124TH STREET NEW YORK NY 10027 304394000 0 X WWW.CHILDRENSAIDNYC.ORG X 1855 NY OUR MISSION IS TO HELP CHILDREN IN POVERTY SUCCEED AND THRIVE. 26 26 2296 60 165815 11709 24309144 23147370 111671000 123543000 26245500 21307800 4890936 5229244 167116580 173227414 3728403 4306100 0 0 96263098 108026124 0 0 3147000 48627079 54703190 148618580 167035414 18498000 6192000 513010000 530999000 155250000 137711000 357760000 393288000 X CHILDREN'S AID HELPS CHILDREN IN POVERTY TO SUCCEED AND THRIVE. WE DO THIS BY PROVIDING COMPREHENSIVE SUPPORTS TO CHILDREN AND THEIR FAMILIES IN TARGETED, HIGH-NEEDS NEW YORK CITY NEIGHBORHOODS. (CONTINUED ON SCHEDULE O)CONTINUATION OF ORGANIZATION'S MISSION:WE BELIEVE ALL CHILDREN HAVE LIMITLESS POTENTIAL. BUT FOR THOSE GROWING UP SURROUNDED BY POVERTY, FAMILY INSTABILITY, AND PHYSICAL OR EMOTIONAL STRESS, LIFE IS TOO OFTEN ABOUT SURVIVAL, NOT POSSIBILITY. IT'S UNACCEPTABLE THAT IN NEW YORK, A CITY OF HISTORIC OPPORTUNITY, SO MANY OF OUR CHILDREN FACE SERIOUS BARRIERS TO REALIZING THEIR OWN PROMISE.CHILDREN'S AID IS A PROFESSIONAL POWERHOUSE OF SOLUTIONS FOR YOUNG PEOPLE. WE ARE TEACHERS AND SOCIAL WORKERS, COACHES AND HEALTH CARE PROVIDERS. WE KNOW WHAT IT TAKES TO ENSURE CHILDREN GROW UP STRONG AND HEALTHY, AND READY TO THRIVE IN SCHOOL AND LIFE: EXCELLENT EDUCATION AND HEALTH CARE, SOCIAL-EMOTIONAL SUPPORT, AND STRONG, STABLE FAMILIES. 0 0 60917000 1494760 61916438 THE CHILD WELFARE AND FAMILY SERVICES ("CWFS") DIVISION PROMOTES CHILD AND FAMILY STABILITY THROUGH A RANGE OF PROGRAMS. WE FIND HIGH-QUALITY, LOVING HOMES FOR CHILDREN PLACED IN FOSTER CARE AND SUPPORT PARENTS SEEKING TO REUNIFY WITH THEIR CHILDREN. HOME-BASED SERVICES ARE PROVIDED FOR CHILDREN AT RISK OF FOSTER CARE PLACEMENT. OUR FAMILY WELLNESS PROGRAM OFFERS COMPREHENSIVE SERVICES TO FAMILIES IMPACTED BY DOMESTIC VIOLENCE. (CONTINUED ON SCHEDULE O)CHILD WELFARE AND FAMILY SERVICES (CONTINUED)CWFS IS THE HOME FOR OUR PREVENTIVE PROGRAMS, FOSTER CARE SERVICES, AND HOMEMAKER SERVICES, IN ADDITION TO OUR DOMESTIC VIOLENCE PREVENTION PROGRAMS, SERVICES FOR DISCONNECTED YOUTH, AND OUR OFFICE OF CLIENT ADVOCACY. THE OFFICE OF CLIENT ADVOCACY HELPS STABILIZE LOW-INCOME FAMILIES THROUGH LEGAL ADVOCACY AND EMERGENCY MATERIAL ASSISTANCE. THE NEXT GENERATION CENTER SUPPORTS TEENS AND YOUNG ADULTS, PARTICULARLY THOSE AGING OUT OF FOSTER CARE, IN THEIR TRANSITION TO ADULTHOOD. EXAMPLES OF OUR SUCCESS INCLUDE THAT 99% OF 708 FAMILIES WHO RECEIVED ONE OF OUR FAMILY CRISIS INTERVENTIONS AVOIDED FOSTER CARE PLACEMENTS IN FISCAL YEAR 2023. FURTHER, 207 CHILDREN WERE PERMANENTLY REUNIFIED WITH THEIR BIRTH PARENTS OR MOVED INTO PERMANENT FOSTER, KINSHIP FOSTER, AND ADOPTIVE HOMES. WE SERVED 879 CHILDREN AND YOUTH IN OUR FOSTER CARE PROGRAM, 2,405 IN OUR PREVENTATIVE PROGRAM AND 169 IN OUR HOMEMAKER PROGRAM. 39249000 2395733 26629961 THE YOUTH DIVISION FOCUSES ON AGES 5 TO ADOLESCENCE/YOUNG ADULT AND PROMOTES PHYSICAL, SOCIAL, AND EMOTIONAL WELL-BEING AS KEY FACTORS FOR HIGH SCHOOL GRADUATION AND COLLEGE SUCCESS. YOUTH PROGRAMS OPERATE IN CHILDREN'S AID LOCATIONS AND IN FULL-SERVICE COMMUNITY SCHOOL PARTNERSHIPS, AND ENGAGE CHILDREN, FAMILIES, SCHOOLS AND COMMUNITIES THROUGH AN INTEGRATED FOCUS ON ACADEMICS, SERVICES, SUPPORTS, AND OPPORTUNITIES. (CONTINUED ON SCHEDULE O) YOUTH (CONTINUED)CORE SERVICES INCLUDE OUT-OF-SCHOOL TIME PROGRAMS IN CHILDREN'S AID COMMUNITY CENTERS AND SCHOOLS, SUMMER CAMPS, ATHLETIC PROGRAMMING, AND THROUGH THE NATIONAL CENTER FOR COMMUNITY SCHOOLS, WHICH PROVIDES TECHNICAL ASSISTANCE TO DEVELOP THE COMMUNITY SCHOOL MODEL NATIONALLY AND INTERNATIONALLY. WE PROVIDED 19,900 EXTENDED LEARNING SERVICES TO 3,995 CHILDREN AND YOUTH IN THE PAST FISCAL YEAR.OUR OLDER YOUTH SERVICES INCLUDE THE CARRERA-ADOLESCENT PREGNANCY PREVENTION PROGRAM, WHICH MEETS THE TOP-TIER EVIDENCE OF EFFECTIVENESS STANDARDS BY THE COALITION FOR EVIDENCE-BASED POLICY. SERVICES ALSO INCLUDE THE COLLEGE AND CAREER ACCESS AND SUCCESS PROGRAM PROVIDING ASSISTANCE TO HELP YOUNG PEOPLE MAKE POST-SECONDARY PATHWAYS (COLLEGE AND/OR CAREER) ATTAINABLE, THE HOPE LEADERSHIP ACADEMY, WHICH PROVIDES WRAP-AROUND SUPPORTS AND DEVELOPS LEADERSHIP THROUGH A PEER EDUCATION MODEL, AND TEEN EMPLOYMENT SERVICES, SUCH AS SUMMER YOUTH EMPLOYMENT PROGRAM AND CORPORATE INTERNSHIPS. 3,409 YOUTH RECEIVED JOB TRAINING AND INTERNSHIP EXPERIENCES IN THE YEAR. WE PROVIDE OUR SCHOLARS WITH COLLEGE PREPARATION AND POST-SECONDARY SUPPORT. PARENTS AND CAREGIVERS ARE ENGAGED EVERY STEP OF THE WAY BECAUSE WE KNOW THEY ARE KEY TO A STUDENT'S SUCCESS. 93% OF THE 670 YOUTH IN OUR TARGETED PROGRAMS WHO APPLIED TO COLLEGE WERE ACCEPTED TO AT LEAST ONE SCHOOL. WE PROVIDED 1,540 YOUTH WITH 4,325 COLLEGE AND CAREER PREPARATION SERVICES.WE SUPPORT YOUTH THROUGH PROGRAMS AT 20 COMMUNITY SCHOOLS, FIVE COMMUNITY CENTERS, OUR WAGON ROAD RESPITE CAMP IN CHAPPAQUA, NEW YORK AND A RANGE OF COLLEGE AND CAREER SERVICES FOR YOUTH AGED 18 TO 22. THE YOUTH DIVISION ALSO PROVIDES MANAGEMENT AND TECHNICAL SUPPORT TO THE CHILDREN'S AID COLLEGE PREP CHARTER SCHOOL, A K-8 CHARTER SCHOOL WITH APPROXIMATELY 600 ENROLLED SCHOLARS. 21140000 207384 20631041 THE HEALTH AND WELLNESS DIVISION PROVIDES HIGH-QUALITY SERVICES THAT REDUCE HEALTH DISPARITIES AMONG CHILDREN AND FAMILIES LIVING IN POVERTY, INCLUDING COMPREHENSIVE MEDICAL, MENTAL HEALTH, AND DENTAL SERVICES DELIVERED BY PEDIATRICIANS, NURSE PRACTITIONERS, SOCIAL WORKERS, PSYCHIATRISTS, DENTISTS, HEALTH EDUCATORS, MEDICAL ASSISTANTS, AND OTHER SUPPORT STAFF. SPECIALIZED PROGRAMS ALSO PROVIDE CARE COORDINATION AND EDUCATE CHILDREN AND FAMILIES ABOUT THE BENEFITS OF HEALTHY LIVING THROUGH DIET, NUTRITION, AND EXERCISE. (CONTINUED ON SCHEDULE O)HEALTH AND WELLNESS (CONTINUED)WHEN MEDICAL CARE IS CONVENIENT AND ACCESSIBLE, MORE CHILDREN LIVE HEALTHIER LIVES. CHILDREN'S AID PROVIDES MEDICAL, REPRODUCTIVE, MENTAL HEALTH, DENTAL, AND HEALTH EDUCATION SERVICES IN SIX SCHOOL-BASED AND TWO COMMUNITY-BASED HEALTH CENTERS. OUR SCHOOL-BASED CLINICS TREATED 3,464 PATIENTS ACROSS 19,694 VISITS AND OUR COMMUNITY CENTER CLINICS TREATED 3,480 PATIENTS ACROSS 31,944 VISITS IN THE PAST FISCAL YEAR. HEALTH SERVICES ARE TAILORED TO MEET THE SPECIAL NEEDS OF CHILDREN AND ADOLESCENTS, AND THE DIVISION SPECIALIZES IN PROVIDING HEALTH CARE TO CHILDREN IN FOSTER CARE.AN EXAMPLE OF THE DIVISION'S SPECIFIC IMPACT IS THAT 93% OF 625 CHILDREN AGES 3-7 RECEIVING MEDICAL CARE IN OUR COMMUNITY HEALTH CENTERS HAD A WELL-CHILD VISIT. BEHAVIORAL AND MENTAL HEALTH GREW SUBSTANTIALLY IN 2023 WITH 1,282 PATIENTS RECEIVING 24,243 BEHAVIORAL HEALTH VISITS. WE SAW 2,146 PATIENTS FOR 4,209 DENTAL ENCOUNTERS. OUR FOOD AND NUTRITION PROGRAMS SERVED 2,243 CHILDREN AND 2,595 ADULTS. 14568000 57118 13840505 EARLY CHILDHOODTHE EARLY CHILDHOOD DIVISION PREPARES YOUNG CHILDREN (AGES 0 TO 5) FOR SCHOOL SUCCESS BY WORKING WITH FAMILIES TO ADVANCE CHILDREN'S PHYSICAL, SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT AND TO INSTILL IN THEM A LIFELONG LOVE OF LEARNING. CORE SERVICES INCLUDE HOME-BASED AND CENTER-BASED PROGRAMS THAT FEATURE RESEARCH-BASED CURRICULA, LOW CHILD-TO-TEACHER RATIOS, AND STRONG PARENT ENGAGEMENT. OUR EARLY CHILDHOOD DIVISION HAS 10 EARLY CHILDHOOD SITES SERVING 710 CHILDREN. 72% OF THEM RECEIVED FOOD SUPPORT, ALL RECEIVED A FLU SHOT, AND 94% RECEIVED VISION SCREENINGS. AN EXAMPLE OF OUR IMPACT IS THAT 83% OF CHILDREN IN OUR EARLY CHILDHOOD PROGRAM MET OR EXCEEDED THE COGNITION SCHOOL READINESS GOAL BY THE END OF THE SCHOOL YEAR. 96% MET OR EXCEEDED THE MOTOR SKILLS AND PHYSICAL SCHOOL READINESS GOAL. 2530000 151104 525054 COLLECTIVE IMPACT & THE NATIONAL CENTER FOR COMMUNITY SCHOOLSTHE NATIONAL CENTER FOR COMMUNITY SCHOOLS OFFERS TECHNICAL ASSISTANCE IN ALL ASPECTS OF DESIGNING, IMPLEMENTING, AND SUSTAINING COMMUNITY SCHOOLS TO MEET THE UNIQUE NEEDS AND STRENGTHS OF INDIVIDUAL COMMUNITIES. SERVICES ARE TARGETED TO INDIVIDUAL SCHOOLS, SCHOOL BOARD AND DISTRICT ADMINISTRATORS, FUNDERS, EDUCATION REFORM LEADERS, COMMUNITY ORGANIZATIONS, AND OTHERS THROUGH FACILITATED PLANNING, CONSULTATION, WORKSHOPS AND ONGOING SUPPORT.SINCE 1994, THE NATIONAL CENTER HAS PROVIDED TECHNICAL ASSISTANCE TO MANY OF THE NATIONAL AND INTERNATIONAL COMMUNITY SCHOOL INITIATIVES. VIA CUSTOMIZED TRAINING, CONSULTATION, FACILITATION, PUBLICATIONS, AND ADVOCACY, WE HELP BUILD THE CAPACITY OF SCHOOLS, DISTRICTS, COMMUNITY PARTNERS, AND GOVERNMENT AGENCIES TO ORGANIZE THEIR HUMAN AND FINANCIAL RESOURCES AROUND STUDENT SUCCESS. 17098000 208222 14365559 138404000 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 278 0 1 2296 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ CA CT FL MD MA NJ NY OH PA VA X X MICHAEL GREENBERG 2129494800 117 W 124TH STREET NEW YORK NY 10027 JILL S OLSON CHAIR 5.00 0.00 X X 0 0 0 GREGORY E KERR MD VICE CHAIR 5.00 0.00 X X 0 0 0 BETH LEVENTHAL VICE CHAIR 5.00 0.00 X X 0 0 0 EREN ROSENFELD SECRETARY 5.00 0.00 X X 0 0 0 ELLEN JEWETT TRUSTEE/TREASURER (AS OF 6/15/2023) 5.00 0.00 X X 0 0 0 RUSSELL DIAMOND TREASURER (THRU 6/15/2023)/TRUSTEE 5.00 0.00 X X 0 0 0 PETER WALLACE ASST. TREASURER 5.00 0.00 X X 0 0 0 ALAN E KATZ TRUSTEE 5.00 0.00 X 0 0 0 ANDREA WAHLQUIST BROWN TRUSTEE 5.00 0.00 X 0 0 0 ASHISH BHUTANI TRUSTEE 5.00 0.00 X 0 0 0 BRAD SILVER TRUSTEE 5.00 0.00 X 0 0 0 CARLLENE BROOKS-ODEN TRUSTEE (THRU 9/2022) 5.00 0.00 X 0 0 0 CHRISTOPHER R LAWRENCE TRUSTEE 5.00 0.00 X 0 0 0 JANINE E LUKE TRUSTEE (THRU 6/15/2023) 5.00 0.00 X 0 0 0 JAY S NYDICK TRUSTEE 5.00 0.00 X 0 0 0 JOSE TAVAREZ TRUSTEE (AS OF 12/2022) 5.00 0.00 X 0 0 0 KELLY TULLIER TRUSTEE (AS OF 6/15/2023) 5.00 0.00 X 0 0 0 LAUREN RAZOOK ROTH TRUSTEE 5.00 0.00 X 0 0 0 LINDA KAO TRUSTEE 5.00 0.00 X 0 0 0 MADELEINE SCHACHTER TRUSTEE 5.00 0.00 X 0 0 0 MARISOL TEPETITLA TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL GOSS TRUSTEE 5.00 0.00 X 0 0 0 RAJA FLORES TRUSTEE 5.00 0.00 X 0 0 0 RICK MCNABB TRUSTEE 5.00 0.00 X 0 0 0 SEBASTIAN GUTH TRUSTEE 5.00 0.00 X 0 0 0 SUZANNE WALTMAN TRUSTEE 5.00 0.00 X 0 0 0 TOM REYNOLDS TRUSTEE 5.00 0.00 X 0 0 0 YASMEEN MOCK TRUSTEE 5.00 0.00 X 0 0 0 PHOEBE BOYER PRESIDENT/CEO 40.00 0.00 X 507859 0 34484 DANIEL SHACKNAI THRU 102022 CHIEF OPERATING OFFICER 40.00 0.00 X 234815 0 27149 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 40.00 0.00 X 294967 0 22986 MARTIN BAICKER AS OF 052023 CHIEF OPERATING OFFICER 40.00 0.00 X 0 0 0 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 40.00 0.00 X 274367 0 15181 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 40.00 0.00 X 274107 0 31063 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 269755 0 35346 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 40.00 0.00 X 221887 0 34026 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 40.00 0.00 X 238537 0 18258 ALI TAN THRU 012023 CHIEF OF STAFF 40.00 0.00 X 214251 0 33704 VICKI KRITSOVAS MEDICAL DIRECTOR 40.00 0.00 X 235964 0 23883 2766509 0 276080 116 0 1 0 COHEN & GRESSER LLP 800 THIRD AVE NEW YORK NY 10022 LEGAL SERVICES 1482471 AGILITY 7979 E TUFTS AVENUE SUITE 700 DENVER CO 80237 INVESTMENT MANAGEMENT 1229859 ARROW SECURITY 300 WEST MAIN STREET SMITHTOWN NY 11787 SECURITY SERVICES 702189 KERI TOURS INC 545 FIFTH AVENUE SUITE 609 NEW YORK NY 10017 TRANSPORTATION 474859 ENTERPRISE HOLDINGS INC PO BOX 840173 KANSA CITY MO 64184 TRANSPORTATION 472925 38 2236999 20910371 913126 23147370 GOV'T FEES & CONTRACTS 611710 107667000 107667000 PROGRAM FEES 611710 15382000 15382000 HEALTH AND WELLNESS CLINICS 624100 494000 494000 123543000 3596800 165815 3430985 2690000 0 2690000 2690000 2690000 133029000 15200000 129682000 836000 3347000 14364000 17711000 17711000 189630 2236999 648586 -458956 -458956 CHARTER SCHOOL ADMIN SVCS 900099 2699000 2699000 MISCELLANEOUS INCOME 900099 299200 299200 2998200 173227414 123543000 165815 26371229 568750 568750 3737350 3737350 1605702 595345 1010357 85669558 72983425 10804302 1881831 4332815 3544799 679189 108827 8868219 7344668 1304084 219467 7549830 6361052 1026105 162673 6859481 5081729 1604736 173016 1766103 737130 1028973 323144 51975 271169 146343 146343 1698000 1698000 529297 369364 86499 73434 556085 144425 279474 132186 3880273 3553247 264565 62461 2875291 1372924 1411889 90478 7238198 6620624 600109 17465 1530432 1479074 49218 2140 1061127 702342 355200 3585 2993621 2078350 835133 80138 4559489 2683471 1770026 105992 1501900 1291912 182705 27283 FOSTER BOARDING HOME 15602641 15597855 4786 FOOD 1320083 1286650 27409 6024 MEMBERSHIP DUES 172699 136449 36250 REPAIRS AND MAINTENANCE 88983 81090 7893 167035414 138404000 25484414 3147000 1956000 2247000 15705000 14050000 5064000 4707000 36609000 38368000 3710000 3256000 145563000 34746000 112469000 110817000 111052000 130225000 196671000 197975000 29774000 29354000 513010000 530999000 16355000 14482000 7300000 4435000 73577000 72325000 58018000 46469000 155250000 137711000 X 340503000 374249000 17257000 19039000 357760000 393288000 513010000 530999000 X 6192000 19197000 10139000 X X 0 1 X 1 1 1 X 18150000 25300000 20480125 24309144 23147370 111386639 18150000 25300000 20480125 24309144 23147370 111386639 1038783 110347856 5082633 3845168 4992656 4980273 6120985 25021715 246601 196532 48344 175227 165815 832519 1799000 4149000 2173875 2873356 3187830 14183061 151423934 527927300 0.72870 0.74320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2018 AMOUNT: $ 181,000. 2019 AMOUNT: $ 110,000. 2020 AMOUNT: $ 4,875. 2021 AMOUNT: $ 296,856. 2022 AMOUNT: $ 189,630. MANAGEMENT FEE - 2018 AMOUNT: $ 1,618,000. 2019 AMOUNT: $ 2,064,000. 2020 AMOUNT: $ 2,013,000. 2021 AMOUNT: $ 2,349,000. 2022 AMOUNT: $ 2,699,000. FORGIVENESS OF LOAN INCOME - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 1,889,000. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 86,000. 2020 AMOUNT: $ 156,000. 2021 AMOUNT: $ 227,500. 2022 AMOUNT: $ 299,200. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 50443 0 1 95900 146343 0 PART II-B, LINE 1: THE CHILDREN'S AID SOCIETY UTILIZES AN OUTSIDE CONSULTANT TO UNDERTAKE LOBBYING ACTIVITIES ON ITS BEHALF; SPECIFICALLY TO ENGAGE IN BUDGET AND LEGISLATIVE ADVOCACY THAT ALIGN WITH OUR PRIORITIES TO HELP SUPPORT OUR CHILDREN AND FAMILIES. AMOUNTS PAID TO THIRD PARTY EXTERNAL LOBBYING CONSULTANTS, INCLUDED IN SCHEDULE C, PART II-B, LINE 1(I), AMOUNTS TO $95,900. THE REMAINING COSTS IDENTIFIED IN SCHEDULE C REPRESENT INTERNAL SALARY COSTS ALLOCATED TO LOBBYING INITIATIVES. 8702000 553000 349000 8906000 9908000 2000 -857000 351000 8702000 7854000 63000 2293000 302000 9908000 8199000 23000 368000 7854000 8145000 191000 137000 8199000 0.00000 0.77210 0.22790 0 0 5605000 5605000 122437000 24544424 97892576 4932000 4097918 834082 7815000 5441417 2373583 4774000 662241 4111759 110817000 EQUITIES AND COMMINGLED FUNDS 91232000 F PRIVATE CAPITAL 44682000 F HEDGE FUNDS 39915000 F EMERGING MARKETS EQUITY FUND 12300000 F OTHER ALTERNATIVE INVESTMENTS 4966000 F LIMITED PARTNERSHIP INTERESTS 4880000 F 197975000 OPERATING RIGHT-OF-USE ASSETS 26405000 SPLIT-INTEREST AGREEMENT INVESTMENTS 1549000 FACILITIES ACQUISITION ESCROW 1400000 29354000 OPERATING LEASE LIABILITIES 26405000 ACCRUED PENSION AND POST-RETIREMENT OBLIGATIONS 15476000 OTHER LIABILITIES 3321000 SPLIT-INTEREST OBLIGATIONS 1267000 46469000 X PART V, LINE 4: CHILDREN'S AID RECOGNIZES THAT NEW YORK STATE ADOPTED AS LAW THE NEW YORK PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("NYPMIFA"). NYPMIFA CREATED A REBUTTABLE PRESUMPTION OF IMPRUDENCE IF AN ORGANIZATION APPROPRIATES MORE THAN 7% OF A DONOR-RESTRICTED ENDOWMENT FUND'S FAIR VALUE (AVERAGED OVER A PERIOD OF NOT LESS THAN THE PRECEDING FIVE YEARS) IN ANY YEAR. ANY UNAPPROPRIATED EARNINGS THAT WOULD OTHERWISE BE CONSIDERED TO BE WITHOUT DONOR RESTRICTIONS ARE REFLECTED AS NET ASSETS WITH DONOR RESTRICTIONS UNTIL APPROPRIATED. THE CHILDREN'S AID'S BOARD HAS INTERPRETED NYPMIFA AS ALLOWING CHILDREN'S AID TO APPROPRIATE FOR EXPENDITURE OR ACCUMULATE SO MUCH OF AN ENDOWMENT FUND AS CHILDREN'S AID DETERMINES IS PRUDENT FOR THE USES, BENEFITS, PURPOSES AND DURATION FOR WHICH THE ENDOWMENT FUND WAS ESTABLISHED, SUBJECT TO THE INTENT OF THE DONOR, AS EXPRESSED IN THE GIFT INSTRUMENT. FOR DONOR-RESTRICTED ENDOWMENT FUNDS AND OTHER UNRESTRICTED RESERVES, THE BOARD OF TRUSTEES OF CHILDREN'S AID HAS ESTABLISHED INVESTMENT POLICIES. ENDOWMENT INVESTMENTS CONSIST OF A BROAD RANGE OF SECURITIES TO PROVIDE A BALANCE THAT WILL ENHANCE TOTAL RETURN WHILE AVOIDING UNDUE RISK THROUGH EXCESSIVE CONCENTRATION IN ANY SINGLE ASSET CLASS OR INDIVIDUAL SECURITY. ASSET ALLOCATION IS DETERMINED BY THE INVESTMENT COMMITTEE OF THE BOARD AND REVIEWED REGULARLY. PART IX, OPERATING RIGHT-OF-USE ASSETS, LINE 1, AND PART X, OPERATING LEASE LIABILITIES, LINE 1(2): THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") IMPLEMENTED A NEW LEASE ACCOUNTING STANDARD THAT BECAME EFFECTIVE FOR THE CHILDREN'S AID SOCIETY IN THE YEAR ENDING JUNE 30, 2022. THIS ACCOUNTING STANDARD WAS EFFECTUATED TO IMPROVE THE TRANSPARENCY SURROUNDING KEY INFORMATION PERTAINING TO AN EXEMPT ORGANIZATION'S LEASING ARRANGEMENTS (AND TO ENSURE THAT ALL ORGANIZATIONS WERE RECORDING THE TRANSACTIONS UNIFORMLY ON THEIR BALANCE SHEETS). PART X, LINE 2: THE AGENCY FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE AGENCY IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE AGENCY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND, TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE AGENCY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 80689903 0 0 0 0 0 0 80689903 0 80689903 1 0 1 1 1 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART IV: THE CHILDREN'S AID SOCIETY INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT LIKEWISE INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, CAS'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT CAS IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, THEY ARE FILED WITH THE FORM 990-T FILING. GALA 2073856 1995826 78030 0 6071 50000 200814 20690 202065 GOLF CLASSIC 352773 241173 111600 0 6845 105926 30753 0 25422 2426629 2236999 189630 12916 155926 231567 20690 227487 648586 -458956 1 BOYS AND GIRLS CLUB OF MOSHOLU 3450 DEKALB AVENUE BRONX NY 10467 208017249 501(C)(3) 9000 0 GENERAL SUPPORT CHILDREN'S AID COLLEGE PREP CHARTER SCHOOL 117 W 124TH STREET 4TH FLOOR NEW YORK NY 10027 900763840 501(C)(3) 500000 0 GENERAL SUPPORT KIPPS BAY BOYS & GIRLS CLUB INC 1930 RANDALL AVENUE BRONX NY 10473 131623850 501(C)(3) 9900 0 GENERAL SUPPORT NEW VISION FOR PUBLIC SCHOOLS 205 EAST 42ND STREET 4TH FLOOR NEW YORK NY 10017 133538961 501(C)(3) 15000 0 GENERAL SUPPORT NEW YORK EDGE 58-12 QUEENS BOULEVARD SUITE 1 WOODSIDE NY 11377 113112635 501(C)(3) 10000 0 GENERAL SUPPORT 5 SPECIFIC ASSISTANCE 493 940623 0 SCHOLARSHIPS 79 180387 0 PER DIEM PARTICIPATION STIPENDS 1869 959903 0 CHILDREN'S RECREATIONAL ACTIVITIES 270 1656437 0 PART I, LINE 2: THE USE OF GRANT FUNDS ARE MONITORED CLOSELY DURING THE YEAR BY THE DEPARTMENT ADMINISTERING THE ASSISTANCE. MONITORING CAN INCLUDE, AMONG OTHER THINGS, REGULAR HOME VISITS TO FAMILIES WHO MIGHT RECEIVE MONTHLY ASSISTANCE FOR FOSTER CARE CHILDREN; DIRECT PURCHASES OF MATERIALS SUCH AS BEDS, LINENS, TEXT BOOKS, CLOTHES OR FOOD; UTILITY PAYMENTS, RATHER THAN CASH ASSISTANCE TO FAMILIES; AND MONITORING OF CLASSES OR PROGRAMS WHEN SCHOLARSHIPS ARE PROVIDED. X X X X X 0 0 0 0 0 0 0 0 0 PHOEBE BOYER PRESIDENT/CEO 487359 0 0 0 20500 0 14368 0 20116 0 542343 0 0 0 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 274467 0 0 0 20500 0 14997 0 7989 0 317953 0 0 0 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 274107 0 0 0 0 0 8331 0 22732 0 305170 0 0 0 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 269755 0 0 0 0 0 12223 0 23123 0 305101 0 0 0 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 274367 0 0 0 0 0 12809 0 2372 0 289548 0 0 0 DANIEL SHACKNAI THRU 102022 CHIEF OPERATING OFFICER 234815 0 0 0 0 0 11040 0 16109 0 261964 0 0 0 VICKI KRITSOVAS MEDICAL DIRECTOR 235964 0 0 0 0 0 2353 0 21530 0 259847 0 0 0 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 238537 0 0 0 0 0 9440 0 8818 0 256795 0 0 0 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 221887 0 0 0 0 0 11407 0 22619 0 255913 0 0 0 ALI TAN THRU 012023 CHIEF OF STAFF 214251 0 0 0 0 0 10973 0 22731 0 247955 0 0 0 A BUILD NYC RESOURCE CORPORATION 454040561 12008EKC9 2015-07-23 40696638 TO FINANCE 1232 SOUTHERN BLVD 0 0 0 B BUILD NYC RESOURCE CORPORATION 454040561 12008EQN9 2019-08-01 38684456 TO FINANCE 117 W 124TH STREET 0 0 0 A 4165000 40696638 93663 3817291 667249 36118435 2018 0 0 1 1 B 265000 38684456 447300 734456 37950000 2020 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART IV, LINE 2C FOR BOND A THE CHILDREN'S AID SOCIETY COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2015 BUILD NYC RESOURCE CORPORATION TAX-EXEMPT REVENUE BOND IN JULY OF 2020. THE REBATE REPORT CONFIRMED THAT THE BOND ISSUANCE HAS NO EXCESS EARNINGS AND THAT NO ARBITRAGE REBATE IS DUE ON THE SERIES 2015 BOND. SCHEDULE K, PART IV, LINE 2C FOR BOND B THE CHILDREN'S AID SOCIETY COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2019 BUILD NYC RESOURCE CORPORATION TAX-EXEMPT REVENUE BOND IN DECEMBER OF 2021. THE REBATE REPORT CONFIRMED THAT THE BOND ISSUANCE HAS NO EXCESS EARNINGS AND THAT NO ARBITRAGE REBATE IS DUE ON THE SERIES 2019 BOND. X 15 502304 MARKET VALUE X 6940 410822 MARKET VALUE 0 1 1 PART I, LINE 32B: CHILDREN'S AID HIRES BANK OF NEW YORK (BNY) MELLON CAPITAL MANAGEMENT TO SELL THE CONTRIBUTIONS THAT ARE RECEIVED IN THE FORM OF PUBLICLY TRADED SECURITIES. THE PROCESS BEGINS WITH THE DONOR INFORMING THEIR BROKER TO TRANSFER THEIR STOCK SHARES TO BNY MELLON USING THE INSTRUCTIONS THAT ARE MADE AVAILABLE ON CHILDREN'S AID'S PUBLIC WEBSITE. BNY MELLON, UNDER THE INSTRUCTION OF CHILDREN'S AID, WILL SELL THE SHARES UPON RECEIVING THE STOCK TRANSFER. CHILDREN'S AID IS THEN NOTIFIED OF THE DATE OF RECEIPT, FAIR MARKET VALUE AT THE DATE OF RECEIPT, SALE DATE, AND PROCEEDS FROM SALE OF EACH STOCK CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE'S PRINCIPAL ROLE IS TO ACT FOR THE BOARD WHEN THE BOARD ITSELF IS UNABLE TO ACT. THIS COMMITTEE SHALL ALSO NOMINATE THE CHAIR OF THE GOVERNANCE & NOMINATING COMMITTEE AND MAKE RECOMMENDATIONS TO THE BOARD AS TO EXECUTIVE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL OFFICERS OF THE BOARD, THE CHAIR OF THE GOVERNANCE & NOMINATING COMMITTEE, AND THREE (3) TO FIVE (5) OTHER TRUSTEES ("AT LARGE MEMBERS"). THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE CHAIR OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD BETWEEN REGULAR OR SPECIAL MEETINGS OF THE BOARD; EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO: I. APPOINT OR ENTER INTO A CONTRACTUAL AGREEMENT REGARDING A NEWLY APPOINTED PRESIDENT AND CHIEF EXECUTIVE OFFICER WITHOUT APPROVAL BY A MAJORITY OF THE BOARD; II. FILL ANY VACANCIES ON THE BOARD OR ANY COMMITTEE; III. AMEND, REPEAL OR ADOPT BYLAWS; IV. AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH IS NOT BY ITS TERMS SO AMENDABLE OR REPEALABLE; V. MAKE DECISIONS REGARDING THE PURCHASE, LEASING OR OTHER DISPOSITION OF REAL ESTATE, IF SUCH PURCHASE, LEASE OR DISPOSITION INVOLVES ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; VI. MAKE DECISIONS REGARDING THE FIXING OF COMPENSATION, IF ANY, OF TRUSTEES; VII. ELECT OR REMOVE OFFICERS OR TRUSTEES; VIII. APPROVE A MERGER, ACQUISITION, OR PLAN OF DISSOLUTION; OR IX. APPROVE AMENDMENTS TO THE CERTIFICATE OF INCORPORATION. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL (OR SHALL APPOINT AN APPROPRIATELY COMPOSED WORKING GROUP OF NON-INTERESTED TRUSTEES TO) BE RESPONSIBLE FOR: RATIFYING THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER UPON THE RECOMMENDATION OF THE PRESIDENT AND CEO; RECOMMENDING POLICIES AND PROCEDURES FOR DETERMINING EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FOR SUCCESSION PLANNING; RETAINING COMPENSATION CONSULTANTS; CONDUCTING DUE DILIGENCE REGARDING EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER; AND ANNUALLY MAKING RECOMMENDATIONS AS TO EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER TO THE BOARD. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER MAY NOT BE PRESENT AT NOR PARTICIPATE IN DELIBERATIONS OR VOTES REGARDING HIS OR HER COMPENSATION. FORM 990, PART VI, SECTION A, LINE 8A: THE DISCUSSIONS AND ACTIONS THAT OCCUR DURING BOARD AND BOARD COMMITTEE MEETINGS ARE DOCUMENTED CONTEMPORANEOUSLY AND THE OFFICIAL MINUTES OF THOSE MEETINGS ARE APPROVED AT THE NEXT REGULAR BOARD OR BOARD COMMITTEE MEETING WHERE QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S MANAGEMENT. A COPY OF THE DRAFT FORM 990 WAS PRESENTED TO THE AUDIT AND RISK MANAGEMENT COMMITTEE FOR DISCUSSION AND COMMENT. ONCE APPROVED A COPY IS THEN CIRCULATED TO THE FULL BOARD. EACH BOARD MEMBER IS PROVIDED OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CHILDREN'S AID CONFLICT OF INTEREST POLICY APPLIES TO TRUSTEES, OFFICERS, EMPLOYEES, AND ANY OTHER PERSON WHO WAS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF CHILDREN'S AID DURING THE PRIOR FIVE YEARS. ON AN ANNUAL BASIS, CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED TO TRUSTEES, OFFICERS, AND KEY EMPLOYEES. POTENTIAL CONFLICTS OF INTEREST INVOLVING TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REPORTED TO THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT AND RISK MANAGEMENT COMMITTEE DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AND EVALUATES CONFLICT OF INTEREST TRANSACTIONS. THE AUDIT AND RISK MANAGEMENT COMMITTEE ALSO REVIEWS EXISTING CONFLICTS OF INTEREST ON AN ANNUAL BASIS. AN INDIVIDUAL INVOLVED, DIRECTLY OR INDIRECTLY, IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TRANSACTION MAY NOT PARTICIPATE IN ANY DISCUSSION OF THE RELEVANT TRANSACTION. THE CHILDREN'S AID PRACTICE IS TO DIRECT ANY TRUSTEES TO RECUSE FROM REVIEWING, ADVISING ON OR VOTING ON ANY MATTERS IN WHICH THEY MIGHT HAVE SUCH AN INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS ON A PERIODIC BASIS THE RECOMMENDATIONS OF THE EXECUTIVE COMPENSATION WORKING GROUP FOR THE REMUNERATION OF THE CHILDREN'S AID PRESIDENT AND CEO. THE REVIEW IS BASED ON CEO COMPENSATION AND BENEFITS BENCHMARKING DATA FROM SCHEDULE J, PART II OF THE IRS 990 OF CHILDREN'S AID AND PEER ORGANIZATIONS. ORGANIZATIONS USED FOR THE BENCHMARKING ANALYSIS ARE FUNCTIONALLY COMPARABLE NONPROFITS, LOCATED IN NEW YORK CITY OR THE GREATER NYC METRO AREA, WITH SIMILAR BUDGET SIZE, AND IN A SIMILAR OR THE SAME SUB-SECTOR. THE EXECUTIVE COMMITTEE PRESENTS ITS RECOMMENDATION ON THE CEO COMPENSATION PACKAGE FOR APPROVAL BY THE BOARD OF TRUSTEES AT THE DECEMBER BOARD MEETING. THE EXECUTIVE COMMITTEE RATIFIES THE REMUNERATION OF THE CHIEF FINANCIAL OFFICER BASED ON CFO COMPENSATION AND BENEFITS BENCHMARKING DATA FROM THE IRS 990S OF PEER ORGANIZATIONS. EVERY FEW YEARS, AN OUTSIDE ADVISOR CONDUCTS A COMPENSATION BENCHMARKING STUDY FOR THE CEO AND SENIOR LEADERSHIP. THE LAST COMPENSATION SURVEY WAS CONDUCTED IN NOVEMBER OF 2021. FORM 990, PART VI, SECTION C, LINE 19 CHILDREN'S AID SOCIETY MAKES ITS FORM 990, ANNUAL FINANCIAL STATEMENTS, ANNUAL REPORT AND MISSION STATEMENT AVAILABLE ON ITS WEBSITE AT WWW.CHILDRENSAIDNYC.ORG. THE SOCIETY'S ORGANIZING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: PENSION-RELATED ACTIVITY 10,194,000. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -55,000. 910 EAST 172ND STREET LLC 117 W 124TH STREET NEW YORK NY 10027 271491886 REAL ESTATE NY 1392000 9370000 CHILDREN'S AID SOCIETY 1218 SOUTHERN BLVD LLC 117 W 124TH STREET NEW YORK NY 10027 465337940 REAL ESTATE NY 0 1750000 CHILDREN'S AID SOCIETY 1232 SOUTHERN BLVD LLC 117 W 124TH STREET NEW YORK NY 10027 465333550 REAL ESTATE NY 2136000 43412000 CHILDREN'S AID SOCIETY