2023-01-19T15:38:33-06:00 2022-06-30 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2021-07-01 581409385 PORTER-LEATH PORT 9015772500 3400 PRESCOTT RD MEMPHIS TN 38118 SEAN LEE PRESIDENT 9015772500 2023-01-19 1 SEAN LEE XXX-XX-XXXX DANIEL J MOORE P01322840 9017612720 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z SEAN LEE 3400 PRESCOTT RD MEMPHIS TN 38118 36497496 0 X WWW.PORTERLEATH.ORG X 1860 TN EMPOWERING CHILDREN AND FAMILIES TO ACHIEVE A HEALTHY, OPTIMAL AND INDEPENDENT LIFESTYLE. 24 24 720 100 0 0 58619526 28357037 125382 7952733 -129163 64028 468089 -197698 59083834 36176100 0 121793 0 0 28634514 21317222 0 0 558800 9899134 9897862 38533648 31336877 20550186 4839223 46168167 49048141 4015486 2429154 42152681 46618987 X EMPOWERING CHILDREN AND FAMILIES TO ACHIEVE A HEALTHY, OPTIMAL AND INDEPENDENT LIFESTYLE. 0 1 6669601 EARLY HEAD START - PROVIDES QUALITY PRESCHOOL EDUCATION AND SUPPORTIVE WRAPAROUND SERVICES FOR ELIGIBLE CHILDREN AGES SIX-WEEKS TO THREE. ALSO PROVIDES IN-HOME PRENATAL SERVICES FOR PREGNANT MOTHERS AND FAMILIES. 4738141 PORTER-LEATH PRESCHOOL - PROVIDES QUALITY PRESCHOOL EDUCATION AND SUPPORTIVE WRAPAROUND SERVICES FOR ELIGIBLE FOUR-YEAR-OLD CHILDREN. 5408680 121793 NEXT MEMPHIS - A SHARED SERVICE PROGRAM MODEL THAT HELPS INDEPENDENT CHILD CARE PROVIDERS REDUCE COSTS AND IMPROVE OUTCOMES, SO THAT THEY CAN DIRECT MORE OF THEIR ATTENTION AND RESOURCES INTO THE CLASSROOM AND TO FAMILIES. 2392713 CONNECTIONS - UTILIZES A TRAUMA-INFORMED UNIVERSAL APPROACH ADDRESSING TRAUMA, TRAUMATIC STRESS AND RELATED ISSUES BY PROMOTING RESILIENCE TO CHILDREN THROUGHOUT ITS FOSTER CARE AND RESIDENTIAL PROGRAMS. 775687 CORNERSTONE - GIVES NEWBORNS AND PRESCHOOL CHILDREN THE BEST START IN LIFE BY HELPING PREGNANT MOTHERS AND PARENTING FAMILIES IN THEIR HOMES, THEREBY REDUCING INFANT MORTALITY AND IMPROVING LITERACY AND LANGUAGE SKILLS. 704979 BOOKS FROM BIRTH - PROMOTES KINDERGARTEN READINESS AND STRENGTHENS FAMILY BONDS IN SHELBY COUNTY BY PROVIDING AGE-APPROPRIATE BOOKS FOR ALL CHILDREN FROM BIRTH TO AGE FIVE. 758747 EARLY SUCCESS COALITION - IMPROVING THE LIVES OF CHILDREN BY WORKING TO STRENGTHEN THE NETWORK OF CAREGIVERS AND PROVIDERS THAT SERVE THESE CHILDREN. 832729 GENERATIONS - TO PROVIDE OLDER AMERICANS AN OPPORTUNITY TO MAKE A DIFFERENCE IN THE LIVES OF DISADVANTAGED CHILDREN AND YOUNG ADULTS. 806328 TEACHER EXCELLENCE PROGRAM - USES INTENTIONALLY DESIGNED AND DATA-INFORMED PROFESSIONAL DEVELOPMENT TO PREPARE TEACHERS TO ENGAGE IN HIGH-QUALITY, EFFECTIVE PRACTICES, THEREBY STRENGTHENING THE KNOWLEDGE AND SKILL SETS OF EARLY CHILDHOOD EDUCATORS, RESULTING IN IMPROVED EDUCATIONAL OUTCOMES FOR CHILDREN. 3604989 ALL OTHER SERVICES 9876172 26692594 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 58 0 1 720 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X SEAN LEE 9015772500 3400 PRESCOTT MEMPHIS TN 38118 MARLOW MARTIN CHAIR 1.00 X X 0 0 0 SOPHIE DUFFEL VICE CHAIR 1.00 X X 0 0 0 JASON DOMBROSKI IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 MARK O'MALLEY SECRETARY 1.00 X X 0 0 0 DONNA ABNEY DIRECTOR 1.00 X 0 0 0 RHONDA BEATY DIRECTOR 1.00 X 0 0 0 WILL GIBBONS DIRECTOR 1.00 X 0 0 0 GERRE CURRIE DIRECTOR 1.00 X 0 0 0 BRITTANY WILLIAMS DAVIS DIRECTOR 1.00 X 0 0 0 MICHAEL DAVIS DIRECTOR 1.00 X 0 0 0 KATHY EVANS DIRECTOR 1.00 X 0 0 0 CHARLES LAMPKIN DIRECTOR 1.00 X 0 0 0 ALLISON HENNEBERGER DIRECTOR 1.00 X 0 0 0 JOHN LEWIS DIRECTOR 1.00 X 0 0 0 LEE RUDD DIRECTOR 1.00 X 0 0 0 NEVA REAVES DIRECTOR 1.00 X 0 0 0 CAROL SEAMONS DIRECTOR 1.00 X 0 0 0 MARY M SERATT DIRECTOR 1.00 X 0 0 0 EMILY SHORTRIDGE DIRECTOR 1.00 X 0 0 0 JOHN CHRISTOPHER STIMAC JR DIRECTOR 1.00 X 0 0 0 PATRICIE BATES THOMPSON DIRECTOR 1.00 X 0 0 0 ABIGAIL URTZ DIRECTOR 1.00 X 0 0 0 BRODY WAMBLE DIRECTOR 1.00 X 0 0 0 MIKE WILSON DIRECTOR 1.00 X 0 0 0 SEAN LEE AGENCY PRESIDENT 37.50 X 238324 0 22542 PAUL MAKRIS CFO 37.50 X 123742 0 12801 KAREN HARRELL SR. VICE PRESIDENT OF EARLY CH 37.50 X 129506 0 19277 ROB HUGHES VP OF DEVELOPMENT 37.50 X 94326 0 18222 DENNIS FLEMING VP OF SOCIAL SERVICES 37.50 X 95960 0 14780 KELLEY NICHOLS VICE PRESIDENT OF EARLY CH 37.50 X 107218 0 9738 789076 0 97360 4 0 1 0 FLINTCO INC 8800 PAGE AVENUE ST LOUIS MO 63114 CONSTRUCTION 6520943 KAPLAN EARLY LEARNING COMPANY 1310 LEWISVILLE CLEMMONS RD LEWISVILLE NC 27023 EDUCATIONAL 515360 GOVERNORS EARLY LITERACY FOUNDATION 710 JAMES ROBERTSON PARKWAY 1ST FL NASHVILLE TN 37243 EDUCATIONAL 493191 SOUTHWEST TENNESSEE COMMUNITY COLLEGE PO BOX 780 MEMPHIS TN 38101 EDUCATIONAL 465164 BLUSKY RESTORATION CONTRACTORS LLC 7480 BARTLETT CORPORATE CV W BARRTLETT TN 38133 CONSTRUCTION 463549 5 302500 448610 11673265 15932662 57617 28357037 PROGRAM FEES 624410 7952733 7952733 7952733 25506 25506 12095 0 12095 12095 12095 52980 0 14458 52980 -14458 38522 38522 0 448610 306938 -306938 -306938 INSURANCE CLAIM PROCEEDS 524298 54501 54501 MISCELLANEOUS INCOME 624410 42644 42644 97145 36176100 8049878 0 -230815 121793 121793 397409 397409 17285534 14811698 2085575 388261 254451 196648 48862 8941 2106820 1742914 303803 60103 1273008 1076290 170695 26023 306955 239992 66963 147500 136337 11163 338181 269701 43835 24645 2432353 2122478 300025 9850 137546 129115 7806 625 192251 175903 9338 7010 1046169 920364 117374 8431 239655 100671 138567 417 SUPPLIES 1415994 1398607 17387 PARTNER AGREEMENTS 1145424 1145424 STIPENDS 1020259 1020259 FOOD 415818 415593 225 1059757 668807 377619 13331 31336877 26692594 4085483 558800 7758100 3570951 4949283 4897740 25739 117332 43768100 6397805 32340872 37370295 1094173 3091823 46168167 49048141 4015486 2429154 4015486 2429154 X 35011334 40342892 7141347 6276095 42152681 46618987 46168167 49048141 4839223 -372917 0 X X 0 1 X 1 1 1 X 35175556 37185061 44040628 58170830 28357037 202929112 35175556 37185061 44040628 58170830 28357037 202929112 202929112 19930 34125 29997 26970 37601 148623 203077735 7953531 0.99930 0.99940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 826497 826497 36059979 2074263 33985716 4853402 3476185 1377217 1676991 847357 829634 351231 351231 37370295 36582725 -372917 472604 306938 406625 36176100 0 36176100 32116419 472604 306938 779542 31336877 0 31336877 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 306,938. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 306,938. HOLIDAY CAMPAIGN 266445 266445 224076 TOY TRUCK 86677 86677 49484 3 95488 95488 33379 448610 448610 306939 306939 -306939 1 CALVARY PLACE 102 N SECOND STREET MEMPHIS TN 38103 621537874 0 16000 PURCHASE PRICE CLASSROOM MANIPULATIVES AND FURNITURE, PLAYGROUND TOYS AND STORAGE. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. GATEWAY 185 EAST NORWOOD MEMPHIS TN 38109 304594230 0 22995 PURCHASE PRICE PARKING LOT PAVEMENT AND NEW PARTITION DOORS IN THE BATHROOM. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. KIDAZZLE 3194 INDEPENDENT DR MEMPHIS TN 38118 582117526 0 15216 PURCHASE PRICE 2 PROMETHEAN INTERACTIVE BOARDS AND OUTDOOR PLAYGROUND MANIPULATIVES. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. LAMBS AND IVY 1185 MACON VIEW DR CORDOVA TN 38018 953487886 0 17816 PURCHASE PRICE HVAC UNIT, AED MACHINES, BOOKS, TOOLS AND MANIPULATIVES. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. YALE ROAD 4400 YALE RD MEMPHIS TN 38128 471136492 0 20326 PURCHASE PRICE IMPROVEMENTS, FURNITURE AND MANIPULATIVES FOR THE CLASSROOMS. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. HOPE HOUSE 23 S IDLEWILD MEMPHIS TN 38104 621579024 501(C)(3) 0 15160 PURCHASE PRICE REPAIRS & IMPROVEMENTS TO BATHROOM AND EXTERIOR. ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. I-RISE 6655 WINCHESTER RD MEMPHIS TN 38115 621699664 0 14280 PURCHASE PRICE CLASSROOM FURNITURE, MANIPULATIVES, AND OFFICE EQUIPMENT/ ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. 1 6 PART I, LINE 2: NEXT MEMPHIS BELIEVES IN HIGH QUALITY CHILDCARE AND WANT TO HELP OUR CHILD CARE PARTNERS ACHIEVE HIGH QUALITY. IN ALIGNMENT WITH OUR MISSION TO ELEVATE QUALITY, PORTER-LEATH PROVIDED A GRANT TO EACH PARTNER CENTER IN GOOD STANDING DURING THE 2021-2022 PROGRAM YEAR. THESE GRANTS WERE USED TO PURCHASE OR REQUEST SERVICES THAT WOULD ENHANCE THE QUALITY, SAFETY OR EDUCATIONAL VALUE OF THE CENTER. OUR PARTNERS RECOMMENDED UPGRADES THAT, IN THEIR OPINION, WOULD BEST SUIT THE NEEDS OF THEIR BUSINESS. PORTER-LEATH PAYS FOR THE SERVICES, SUPPLIES AND EQUIPMENT DIRECTLY RATHER THAN PROVIDING CASH ASSISTANCE. X X 0 0 0 0 0 0 0 0 0 SEAN LEE AGENCY PRESIDENT 238324 0 0 0 0 0 0 0 22542 0 260866 0 0 0 X MATERIALS 2 57617 SALES PRICE/FMV 0 1 0 FORM 990, PART III, LINE 3 PORTER-LEATH DID NOT RENEW A CONTRACT WITH THE SHELBY COUNTY SCHOOL SYSTEM TO OPERATE HEAD START CLASSROOMS AFTER IT EXPIRED ON JUNE 30, 2021. THE CONTRACT PROVIDED APPROXIMATELY $14.2 MILLION IN REVENUE IN THE FISCAL YEAR 2020-2021. FORM 990, PART VI, SECTION B, LINE 11B A) WORKING WITH THE AGENCY'S AUDITORS, THE PRESIDENT AND CFO WILL SUBMIT THE DRAFT FORM 990 FOR REVIEW BY THE AUDIT COMMITTEE AS SOON AS POSSIBLE AFTER THE END OF THE FISCAL YEAR, BUT IN ANY EVENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE (IRS). ALONG WITH THE DRAFT FORM 990, THE CFO AND PRESIDENT WILL WORK WITH THE AUDIT COMMITTEE TO REVIEW THE EXECUTIVE REVIEW GUIDELINES FOR THE IRS FORM 990, AND TO COMPLETE THE FORM 990 EXECUTIVE REVIEW CHECKLIST, BOTH OF WHICH ARE HELPFUL IN ASSISTING TO REVIEW THE 990 FOR ACCURACY AND COMPLETENESS. B) AFTER REVIEW BY THE AUDIT COMMITTEE, THE PRESIDENT WILL DISTRIBUTE A COPY OF THE FORM 990 TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. C) THE PRESIDENT WILL CAUSE PORTER-LEATH TO FILE AN ANNUAL FORM 990 THAT IS ACCURATE, COMPLETE, TIMELY AND IN COMPLIANCE WITH REGULATORY REQUIREMENTS BY THE STATUTORY FILING DATE, WITHOUT EXTENSION TO THE EXTENT POSSIBLE. D) THE PRESIDENT WILL CAUSE PORTER-LEATH TO DISCLOSE TO THE GENERAL PUBLIC, THROUGH ITS WEBSITE, THE FORM 990 AND THE AGENCY'S AUDITED FINANCIAL STATEMENTS AS SOON AS REASONABLY PRACTICABLE AFTER THE REPORTS ARE COMPLETED AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE. E) CONSISTENT WITH THE REQUIREMENTS OF THE INTERNAL REVENUE CODE AND APPLICABLE REGULATIONS, COPIES OF PORTER-LEATH'S FORM 990 WILL BE MADE AVAILABLE UPON REQUEST IN A TIMELY MANNER, SUBJECT TO THE CHARGES PERMITTED BY LAW, TO ANY INDIVIDUALS WHO REQUEST IT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE CONFLICT OF INTEREST POLICY IS REVIEWED AND READOPTED BY THE BOARD OF DIRECTORS. A DISCLOSURE FORM IS COMPLETED BY THE BOARD OF DIRECTORS MEMBERS AND KEY STAFF ANNUALLY FOLLOWING THIS BOARD REVIEW. FORMS ARE REVIEWED BY THE BOARD CHAIR AND PRESIDENT FOR CONFLICTS SO MEMBERS AND KEY STAFF MAINTAIN THE PLEDGE MADE IN THEIR DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15A POLICY: IT IS THE POLICY OF PORTER-LEATH FOR THE BOARD OF DIRECTORS TO SET THE PRESIDENT'S SALARY EACH YEAR BASED ON COMPARABLE, INDEPENDENT SOURCES. PURPOSE: TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE PRESIDENT. THE BOARD OF DIRECTORS HAS DELEGATED THE RESPONSIBILITY OF SETTING THE PRESIDENT'S SALARY TO A COMMITTEE THAT INCLUDES THE IMMEDIATE PAST CHAIR, THE CURRENT CHAIR AND THE VICE CHAIR OF THE BOARD ("COMMITTEE"). EACH YEAR, THE COMMITTEE EVALUATES THE PRESIDENT ON HIS/HER PERFORMANCE, AND ASKS FOR HIS/HER INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. BOARD APPROVAL. THE COMMITTEE WILL OBTAIN RESEARCH AND INFORMATION AND APPROVE COMPENSATION (SALARY AND BENEFITS) OF THE PRESIDENT BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THE COMMITTEE WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR AGENCIES. THIS DATA MAY INCLUDE THE FOLLOWING: 1. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; 2. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR AGENCIES; 3. DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT AGENCIES; 4. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR AGENCIES. CONCURRENT DOCUMENTATION. TO APPROVE THE COMPENSATION FOR THE PRESIDENT, THE COMMITTEE MUST DOCUMENT HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. DOCUMENTATION WILL INCLUDE: 1. A DESCRIPTION OF THE COMPENSATION AND BENEFITS AND THE DATE IT WAS APPROVED; 2. THE MEMBERS OF THE COMMITTEE WHO WERE PRESENT DURING THE DISCUSSION ABOUT COMPENSATION AND BENEFITS, AND THE RESULTS OF THE VOTE; 3. A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW THE DATA WAS OBTAINED; AND 4. ANY ACTIONS TAKEN (SUCH AS ABSTAINING FROM DISCUSSION AND VOTE) WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION AND BENEFITS. INDEPENDENCE IN SETTING COMPENSATION. THE CHAIR OF THE BOARD OF DIRECTORS, WHO IS A VOLUNTEER AND NOT COMPENSATED BY THE NONPROFIT, WILL OPERATE INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE PRESIDENT. NO MEMBER OF THE COMMITTEE WILL BE A STAFF MEMBER, THE RELATIVE OF A STAFF MEMBER, OR HAVE ANY RELATIONSHIP WITH STAFF THAT COULD PRESENT A CONFLICT OF INTEREST. QUESTIONS MAY BE DIRECTED TO THE PRESIDENT AND CFO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.