2024-05-07T10:41:47-05:00 2023-06-30 812950760 SAX LLP 389 INTERPACE PARKWAY STE 3 PARSIPPANY NJ 07054 990 2022-07-01 900394877 ADAMS STREET FOUNDATION INC ADAM 7188346716 283 ADAMS STREET BROOKLYN NY 11201 DIANA MOLDOVAN DIRECTOR OF PROGRAMS 7188346716 2024-05-07 1 DIANA MOLDOVAN 999009999 0 MARQUS WHITE P00053187 9734726250 2024-05-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WES EARNHARDT 283 ADAMS STREET BROOKLYN NY 11201 570966 0 X WWW.283ADAMS.ORG X 2008 NY THE ADAMS STREET FOUNDATION IS THE IN-HOUSE, NON-PROFIT PARTNER TO THE URBAN ASSEMBLY SCHOOL FOR LAW & JUSTICE, RESPONSIBLE FOR INTEGRATING PRE-COLLEGE ENRICHMENT AND PREPARATION FOR COLLEGE AND CAREER INTO THE SCHOOL'S CURRICULUM. 13 13 10 45 0 0 716538 537950 11825 500 0 766 1943 1366 730306 540582 2000 3500 0 0 325305 427318 0 15650 89805 268705 256220 596010 702688 134296 -162106 1152745 1013639 17796 40796 1134949 972843 X THE ADAMS STREET FOUNDATION IS THE IN-HOUSE, NON-PROFIT AFFILIATE OF THE URBAN ASSEMBLY SCHOOL FOR LAW & JUSTICE. TOGETHER, THE ORGANIZATIONS PROVIDE THEIR HIGH SCHOOL STUDENTS WITH THE TOOLS AND RESOURCES TO SUCCEED IN COLLEGE AND CAREER. ACITVITIES: SAT PREP, COLLEGE TOURS, FINANCIAL AID COUNSELING, ESSAY FEEDBACK, CAREER DEVELOPMENT OPPORTUNITIES WITH SEASONED PROFESSIONALS, COACHING STUDENTS THROUGH THE EARLY ADMISSIONS PROCESS, AFTER SCHOOL CLUBS, MENTORING, AND MOCK TRIAL PROGRAMS. 0 0 502892 3500 500 THE ADAMS STREET FOUNDATION, IN PARTNERSHIP WITH THE URBAN ASSEMBLY SCHOOL FOR LAW & JUSTICE (SLJ), SERVES OVER 400 STUDENTS, THE MAJORITY OF WHOM LIVE NEAR OR BELOW THE POVERTY LINE AND WILL BE THE FIRST IN THEIR FAMILY TO GO TO COLLEGE. SLJ IS AN UNSCREENED, LAW-THEMED HIGH SCHOOL. ACTIVITIES INCLUDE SAT PREP, COLLEGE TOURS, FINANCIAL AID COUNSELING, ESSAY FEEDBACK, CAREER DEVELOPMENT OPPORTUNITIES WITH SEASONED PROFESSIONALS, COACHING STUDENTS THROUGH THE EARLY ADMISSIONS PROCESS, AFTER SCHOOL CLUBS, MENTORING, AND MOCK TRIAL PROGRAMS. * OF THE 93 STUDENTS WHO BEGAN SENIOR YEAR, 89 (95.7%) STUDENTS GRADUATED.* 92/93 = 98.9% WERE ACCEPTED TO COLLEGE (2 OR 4 YEAR) 502892 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X DR SEAN LARRY STEVENS 7188346716 283 ADAMS STREET BROOKLYN NY 11201 COLBY ALLSBROOK CO-CHAIR 1.00 X X 0 0 0 WES EARNHARDT CO-CHAIR 1.00 X X 0 0 0 AMANDA MILLER TREASURER 1.00 X X 0 0 0 KRISTIN FERRALES PRINCIPAL 1.00 X X 0 0 0 JILLIAN BERMAN DIRECTOR 1.00 X 0 0 0 JOAQUIN M SENA DIRECTOR 1.00 X 0 0 0 MARNIE ROSENBERG DIRECTOR 1.00 X 0 0 0 BETH LIND DIRECTOR 1.00 X 0 0 0 BARRY W RASHKOVER DIRECTOR 1.00 X 0 0 0 SINISA BABCIC DIRECTOR 1.00 X 0 0 0 JOE KEOHANE DIRECTOR 1.00 X 0 0 0 ERIC COTTLE DIRECTOR 1.00 X 0 0 0 FEI CHI DIRECTOR 1.00 X 0 0 0 ALISON L MOORE DIRECTOR (THRU SEPT 22) 1.00 X 0 0 0 DR SEAN LARRY STEVENS EXECUTIVE DIRECTOR 40.00 X 86950 0 12858 86950 0 12858 0 0 0 0 0 341662 196288 537950 PROGRAM INCOME 900099 500 500 500 766 766 30384 341662 30384 0 OTHER INCOME 900099 1366 1366 1366 540582 500 0 2132 3500 3500 150000 30000 60000 60000 218009 218009 27625 18617 4504 4504 31684 21352 5166 5166 19000 19000 15650 15650 9357 9357 12302 8290 2006 2006 8414 5670 1372 1372 13214 4577 7530 1107 COLLEGE CAREER & ENRICH 192877 192877 BANK FEES 1056 1056 702688 502892 109991 89805 217469 150579 731117 746155 174409 95844 1025 750 38047 17736 28725 20311 1152745 1013639 17796 40796 17796 40796 X 1084949 947843 50000 25000 1134949 972843 1152745 1013639 -162106 0 X 0 1 X 1 0 X 586832 656541 1101057 716538 537950 3598918 586832 656541 1101057 716538 537950 3598918 217095 3381823 766 766 4409 3107 2046 1943 1366 12871 3612555 18721 0.93610 0.96940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13218 12356 862 24829 5380 19449 20311 X 570966 30384 30384 540582 0 540582 733072 30384 30384 702688 0 702688 PART X, LINE 2: NYCC DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING MARCH 31, 2020 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 30,384. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 30,384. X X X 0 ARIANA STECKER 283 ADAMS STREET BROOKLYN NY 11201 EVENT CONSULTING 0 372046 15650 356396 372046 15650 356396 GALA 372046 341662 30384 7410 22974 372046 341662 30384 7410 22974 30384 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SHOULD DISCLOSE ANY CONFLICTS OF INTEREST TO THE BOARD CO-CHAIRS AND ED AS SOON AS THEY ARISE. MOREOVER, BY THE FIRST BOARD MEETING OF THE FISCAL YEAR, ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE CO-CHAIRS AND SCHOOL PRINCIPAL (WHO IS ALSO A BOARD MEMBER) DEVELOP A PROPOSED COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR, BASED ON THE EXECUTIVE DIRECTOR'S PERFORMANCE AND ON INFORMATION CONCERNING EXECUTIVE DIRECTOR COMPENSATION AT COMPARABLE NON-PROFIT ORGANIZATIONS.THE PROPOSAL IS VOTED ON AND APPROVED BY THE FULL BOARD, EITHER AT A BOARD MEETING OR BY EMAIL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.