2023-03-08T14:05:20-06:00 2022-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVE 3RD FLOOR NEW YORK NY 100172013 990 2021-07-01 135562191 THE CHILDREN'S AID SOCIETY CHIL 2129494800 117 W 124TH STREET NEW YORK NY 10027 MICHAEL GREENBERG CFO 2129494800 2023-03-08 1 MICHAEL GREENBERG XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z PHOEBE BOYER 117 W 124TH STREET NEW YORK NY 10027 360397000 0 X WWW.CHILDRENSAIDNYC.ORG X 1855 NY OUR MISSION IS TO HELP CHILDREN IN POVERTY SUCCEED AND THRIVE. 26 26 2210 55 175227 100549 20480125 24309144 102982000 111671000 22429000 26245500 4522805 4890936 150413930 167116580 3299514 3728403 0 0 90878000 96263098 0 0 3375580 47165416 48627079 141342930 148618580 9071000 18498000 557276000 513010000 175678000 155250000 381598000 357760000 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 52121000 1645113 54199561 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 98% OF FAMILIES WHO RECEIVED ONE OF OUR FAMILY CRISIS INTERVENTIONS AVOIDED FOSTER CARE PLACEMENTS IN FISCAL YEAR 2022. FURTHER, 203 CHILDREN WERE PERMANENTLY REUNIFIED WITH THEIR BIRTH PARENTS OR MOVED INTO PERMANENT FOSTER, KINSHIP FOSTER, AND ADOPTIVE HOMES. 32830000 1821124 23021680 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. 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 EXCEL COLLEGE SUPPORT PROGRAM PROVIDING ASSISTANCE TO HELP YOUNG PEOPLE ENTER AND COMPLETE COLLEGE, 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. WE PROVIDE OUR SCHOLARS WITH COLLEGE PREP 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. 97% OF YOUTH IN OUR TARGETED PROGRAMS WHO APPLIED TO COLLEGE WERE ACCEPTED TO AT LEAST ONE SCHOOL.WE SUPPORT YOUTH THROUGH PROGRAMS AT EIGHTEEN 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. 18575000 131809 17388694 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. 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 CHILDREN AGES 3-7 RECEIVING MEDICAL CARE IN OUR COMMUNITY HEALTH CENTERS HAD A WELL-CHILD VISIT. OVERALL 50,000 MEDICAL, DENTAL, SEXUAL, AND MENTAL HEALTH APPOINTMENTS WERE PROVIDED TO CHILDREN AND YOUTH. OUR HEALTH AND WELLNESS DIVISION PROVIDED 30,382 NUTRITIONAL FOOD BOXES TO CHILDREN AND THEIR FAMILIES AS PART OF OR OUR GO-HEALTHY KIDS AND GO CHEFS PROGRAM LAST YEAR. 14193000 21277 16616424 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. SOME OF THE PROGRAMMING INCLUDES HEAD-START PROGRAMS, PRE-K AND 3-K OFFERINGS. 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 TEN EARLY CHILDHOOD SITES SERVING NEARLY 900 CHILDREN. AN EXAMPLE OF OUR IMPACT IS THAT 91% OF CHILDREN IN OUR EARLY CHILDHOOD PROGRAM MET OR EXCEEDED THE COGNITION SCHOOL READINESS GOAL BY THE END OF THE SCHOOL YEAR. 2127000 109080 444641 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 NEARLY ALL MAJOR 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. 16320000 130357 17061065 119846000 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 1 209 0 1 2210 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 AMY ENGEL SCHARF CHAIR (THRU 06/16/2022) 5.00 0.00 X X 0 0 0 JILL S OLSON VICE CHAIR/CHAIR (AS OF 06/2022) 5.00 0.00 X X 0 0 0 GREGORY E KERR MD TRUSTEE/VICE CHAIR (AS OF 06/2022) 5.00 0.00 X X 0 0 0 BETH LEVENTHAL TRUSTEE/VICE CHAIR (AS OF 06/2022) 5.00 0.00 X X 0 0 0 EREN ROSENFELD SECRETARY 5.00 0.00 X X 0 0 0 RUSSELL DIAMOND TREASURER 5.00 0.00 X X 0 0 0 LINDA KAO ASST TREASURER/TRUSTEE 5.00 0.00 X X 0 0 0 PETER WALLACE - TRUSTEE ASST TREASURER (AS OF 06/2022) 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 (AS OF 06/16/2022) 5.00 0.00 X 0 0 0 BRAD SILVER TRUSTEE 5.00 0.00 X 0 0 0 CARLLENE BROOKS-ODEN TRUSTEE 5.00 0.00 X 0 0 0 CHRISTOPHER R LAWRENCE TRUSTEE 5.00 0.00 X 0 0 0 ELLEN JEWETT TRUSTEE 5.00 0.00 X 0 0 0 JANINE E LUKE TRUSTEE 5.00 0.00 X 0 0 0 JAY S NYDICK TRUSTEE 5.00 0.00 X 0 0 0 LAUREN RAZOOK ROTH TRUSTEE 5.00 0.00 X 0 0 0 MADELEINE SCHACHTER TRUSTEE 5.00 0.00 X 0 0 0 MARISOL TEPETITLA TRUSTEE (AS OF 06/16/2022) 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 RUSSELL W HORWITZ TRUSTEE (THRU 06/16/2022) 5.00 0.00 X 0 0 0 SANDRA G SERRANT TRUSTEE (THRU 06/16/2022) 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 VANESSA MELENDEZ TRUSTEE (THRU 06/16/2022) 5.00 0.00 X 0 0 0 YASMEEN MOCK TRUSTEE (AS OF 06/16/2022) 5.00 0.00 X 0 0 0 PHOEBE BOYER PRESIDENT/CEO 40.00 0.00 X 495077 0 56655 DANIEL SHACKNAI CHIEF OPERATING OFFICER 40.00 0.00 X 277035 0 34345 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 40.00 0.00 X 269396 0 19099 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 40.00 0.00 X 258113 0 31608 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 40.00 0.00 X 263223 0 15247 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 267156 0 35982 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 40.00 0.00 X 216996 0 32660 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 40.00 0.00 X 239610 0 16349 ALETHEA PRATT CHIEF INFORMATION OFFICER 40.00 0.00 X 215444 0 19468 ALI TAN CHIEF OF STAFF 40.00 0.00 X 208643 0 34460 2710693 0 295873 95 0 1 0 AGILITY 7979 E TUFTS AVENUE SUITE 700 DENVER CO 80237 OUTSOURCED CIO SERVICES 1327119 COHEN & GRESSER LLP 800 THIRD AVE NEW YORK NY 10022 LEGAL SERVICES 1187160 CONCEPT CONSTRUCTION SERVICES INC 124 E 124TH STREET 2ND FL NEW YORK NY 10035 CONSTRUCTION SERVICES 831815 ROSIN STEINHAGEN MENDEL 228 EAST 45TH STREET SUITE 900 NEW YORK NY 10017 LEGAL SERVICES 468144 ARROW SECURITY 300 WEST MAIN STREET SMITHTOWN NY 11787 SECURITY SERVICES 441921 46 2335957 21973187 977918 24309144 GOV'T FEES & CONTRACTS 611710 98302000 98302000 PROGRAM FEES 611710 11739000 11739000 HEALTH AND WELLNESS CLINICS 624100 1630000 1630000 111671000 2453500 175227 2278273 2702000 0 2702000 2702000 2702000 216388000 192596000 23792000 23792000 23792000 296856 2335957 684420 -387564 -387564 CHARTER SCHOOL ADMIN SVCS 900099 2349000 2349000 MISCELLANEOUS INCOME 900099 227500 227500 2576500 167116580 111671000 175227 30961209 735500 735500 2992903 2992903 1747681 578529 1169152 75488013 63645458 9907510 1935045 3533009 2888939 543018 101052 8816099 7217979 1349426 248694 6678296 5553462 955931 168903 4331040 3430634 823642 76764 2613221 632507 1980399 315 310537 25830 284707 86761 900 85861 2123000 2123000 603534 516581 71904 15049 306360 80791 148977 76592 4407373 3690782 673062 43529 2868177 1083651 1320204 464322 6672476 6135267 524147 13062 1008432 966981 41284 167 802323 736808 64889 626 3110752 2122075 907800 80877 4752524 2498936 2138471 115117 1880706 1619116 226425 35165 FOSTERING BOARDING HOME 11370320 11368861 1459 FOOD 1086952 1075205 11446 301 MEMBERSHIP DUES 193269 163319 29950 REPAIRS AND MAINTENANCE 99322 84986 14336 148618580 119846000 25397000 3375580 2255000 1956000 14328000 15705000 638000 5064000 33311000 36609000 3072000 3710000 149696000 37227000 114501000 112469000 101810000 111052000 255345000 196671000 32016000 29774000 557276000 513010000 15584000 16355000 4868000 7300000 74524000 73577000 80702000 58018000 175678000 155250000 X 365985000 340503000 15613000 17257000 381598000 357760000 557276000 513010000 X 18498000 -58133000 15797000 X X 0 1 X 1 1 1 X 23200340 18150000 25300000 20480125 24309144 111439609 23200340 18150000 25300000 20480125 24309144 111439609 422738 111016871 5973000 5082633 3845168 4992656 4980273 24873730 153574 246601 196532 48344 175227 820278 1245095 1799000 4149000 2173875 2873356 12240326 149373943 496426300 0.74320 0.76070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 288,095. 2018 AMOUNT: $ 181,000. 2019 AMOUNT: $ 110,000. 2020 AMOUNT: $ 4,875. 2021 AMOUNT: $ 296,856. MANAGEMENT FEE - 2017 AMOUNT: $ 957,000. 2018 AMOUNT: $ 1,618,000. 2019 AMOUNT: $ 2,064,000. 2020 AMOUNT: $ 2,013,000. 2021 AMOUNT: $ 2,349,000. FORGIVENESS OF LOAN INCOME - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 1,889,000. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 86,000. 2020 AMOUNT: $ 156,000. 2021 AMOUNT: $ 227,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 32615 0 1 84300 116915 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 $84,300. THE REMAINING COSTS IDENTIFIED IN SCHEDULE C REPRESENT INTERNAL SALARY COSTS ALLOCATED TO LOBBYING INITIATIVES. 9908000 2000 -857000 351000 8702000 7854000 63000 2293000 302000 9908000 8199000 23000 368000 7854000 8145000 191000 137000 8199000 7877000 405000 137000 8145000 0.00000 0.79030 0.20970 0 0 5656000 5656000 123071000 22769743 100301257 7613000 6866817 746183 9984000 7145715 2838285 3372000 444725 2927275 112469000 EQUITIES AND COMMINGLED FUNDS 92227000 F HEDGE FUNDS 42483000 F PRIVATE CAPITAL 37739000 F EMERGING MARKETS EQUITY FUND 12174000 F LIMITED PARTNERSHIP INTERESTS 6309000 F OTHER ALTERNATIVE INVESTMENTS 5739000 F 196671000 OPERATING RIGHT-OF-USE ASSETS 28160000 SPLIT-INTEREST AGREEMENT INVESTMENTS 1614000 29774000 ACCRUED PENSION AND POST-RETIREMENT OBLIGATIONS 28399000 OPERATING LEASE LIABILITIES 28160000 SPLIT-INTEREST OBLIGATIONS 1286000 OTHER LIABILITIES 173000 58018000 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 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, 2022 AND 2021. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 88586185 0 0 0 0 0 0 88586185 0 88586185 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 2163871 2084311 79560 2665 5000 143234 20000 181100 GOLF CLASSIC 468942 251646 217296 8094 162634 47216 114477 2632813 2335957 296856 10759 167634 190450 20000 295577 684420 -387564 1 ARETE EDUCATION INC 557 GRAND CONCOURSE SUITE 3 BRONX NY 10451 800789207 501(C)(3) 15000 0 GENERAL SUPPORT BOYS AND GIRLS CLUB OF HARLEM 521 WEST 145TH STREET NEW YORK NY 10031 133102951 501(C)(3) 13300 0 GENERAL SUPPORT BOYS AND GIRLS CLUB OF METRO 110-04 ATLANTIC BOULEVARD SOUTH RICHMOND HILL NY 11419 111966067 501(C)(3) 17100 0 GENERAL SUPPORT BOYS AND GIRLS CLUB OF MOSHOLU 3450 DEKALB AVENUE BRONX NY 10467 208017249 501(C)(3) 38000 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 COUNSELING IN SCHOOLS 505 EIGHTH AVENUE SUITE 124A06 NEW YORK NY 10018 133637647 501(C)(3) 10000 0 GENERAL SUPPORT KIPPS BAY BOYS & GIRLS CLUB INC 1930 RANDALL AVENUE BRONX NY 10473 131623850 501(C)(3) 41800 0 GENERAL SUPPORT MADISON SQUARE BOYS & GIRLS 250 BRADHURST AVENUE NEW YORK NY 10039 135596792 501(C)(3) 7600 0 GENERAL SUPPORT NEW VISION FOR PUBLIC SCHOOLS 205 EAST 42ND STREET 4TH FLOOR NEW YORK NY 10017 133538961 501(C)(3) 35000 0 GENERAL SUPPORT NEW YORK EDGE 58-12 QUEENS BOULEVARD SUITE 1 WOODSIDE NY 11377 113112635 501(C)(3) 20000 0 GENERAL SUPPORT PARTNERSHIP WITH CHILDREN 299 BROADWAY SUITE 1300 NEW YORK NY 10007 135596751 501(C)(3) 10000 0 GENERAL SUPPORT THE EDUCATIONAL ALLIANCE INC 197 EAST BROADWAY NEW YORK NY 10002 135562210 501(C)(3) 13300 0 GENERAL SUPPORT VARIETY BOYS & GIRLS OF QUEENS 21-12 30TH ROAD LONG ISLAND CITY NY 11102 116014770 501(C)(3) 11400 0 GENERAL SUPPORT 13 SPECIFIC ASSISTANCE 452 1473419 0 SCHOLARSHIPS 73 283966 0 PER DIEM PARTICIPATION STIPENDS 910 374820 0 CHILDREN'S RECREATIONAL ACTIVITIES 165 860698 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 495077 0 0 0 0 0 34002 0 22653 0 551732 0 0 0 DANIEL SHACKNAI CHIEF OPERATING OFFICER 277035 0 0 0 0 0 12401 0 21944 0 311380 0 0 0 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 267156 0 0 0 0 0 11934 0 24048 0 303138 0 0 0 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 258113 0 0 0 0 0 7948 0 23660 0 289721 0 0 0 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 269396 0 0 0 0 0 10827 0 8272 0 288495 0 0 0 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 263223 0 0 0 0 0 13040 0 2207 0 278470 0 0 0 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 239610 0 0 0 0 0 7255 0 9094 0 255959 0 0 0 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 216996 0 0 0 0 0 11311 0 21349 0 249656 0 0 0 ALI TAN CHIEF OF STAFF 208643 0 0 0 0 0 10698 0 23762 0 243103 0 0 0 ALETHEA PRATT CHIEF INFORMATION OFFICER 215444 0 0 0 0 0 11007 0 8461 0 234912 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 3390000 40696638 93663 3817291 667249 36118435 2018 0 0 1 1 B 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 17 578311 MARKET VALUE X 340508 MARKET VALUE X GIFT CARDS 0 59099 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 CHANGES 16,232,000. ADJUSTMENT TO OBLIGATION UNDER SPLIT-INTEREST AGREEMENTS -435,000. 910 EAST 172ND STREET LLC 117 W 124TH STREET NEW YORK NY 10027 271491886 REAL ESTATE NY 1462000 9988000 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 2117000 44460000 CHILDREN'S AID SOCIETY