2023-03-10T13:13:46-06:00 2022-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2021-07-01 232515768 CHILDREN'S LITERACY INITIATIVE CHIL 2155614676 990 SPRING GARDEN STREET 400 PHILADELPHIA PA 19123 REINA PROWLER INTERIM CHIEF EXECUTIVE OFFICER 2155614676 2023-03-08 1 REINA PROWLER 999009999 HELEN M MARTIN P01330899 2158818800 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z REINA PROWLER 990 SPRING GARDEN STREET 400 PHILADELPHIA PA 19123 23657746 0 X WWW.CLI.ORG X 1988 PA SEE SCHEDULE O FOR THE ORGANIZATION'S MISSION STATEMENT.CHILDREN'S LITERACY INITIATIVE ("CLI") IS A NON-PROFIT THAT SEEKS TO DISMANTLE STRUCTURAL RACISM BY PROVIDING BLACK AND LATINX CHILDREN THE ANTI-RACIST INSTRUCTION, SUPPORT AND ADVOCACY NEEDED TO CREATE EQUITY IN EDUCATION. 12 12 262 12 0 0 5819568 10944321 16829264 12492125 40210 4600 60155 41590 22749197 23482636 0 0 0 0 19716648 17330404 0 0 1188462 4710107 4402720 24426755 21733124 -1677558 1749512 17253181 12745223 9069314 3032305 8183867 9712918 CLI SEEKS TO DISMANTLE STRUCTURAL RACISM BY PROVIDING BLACK AND LATINX CHILDREN THE ANTI-RACIST INSTRUCTION, SUPPORT AND ADVOCACY NEEDED TO CREATE EQUITY IN EDUCATION. 0 0 18084327 12533715 CHILDREN'S LITERACY INITIATIVE FOCUSES ON SOLVING THE EQUITY AND OPPORTUNITY GAP IN EARLY LITERACY FOR PRE-K TO 5TH GRADE CHILDREN. CLI PROVIDED WORKSHOPS, IN-PERSON AND VIRTUAL COACHING, AND HIGH QUALITY CHILDREN'S BOOKS TO APPROXIMATELY 3,200 EDUCATORS AND 57,500 STUDENTS IN SIX STATES. CLI CONSISTENTLY RECEIVES FOUR-STAR RATINGS FROM CHARITY NAVIGATOR. IN ADDITION TO $12.5M IN FEE-FOR-SERVICE REVENUE, CLI RECEIVED BOTH PHILANTHROPIC AND FEDERAL FUNDING, BRINGING TOTAL REVENUE TO $23.5M. WITH 5.5% OF EXPENSES GOING TOWARDS FUNDRAISING AND 11.3% TOWARDS MANAGEMENT AND GENERAL EXPENSES, CLI IS ABLE TO DIRECT 83.2% TOWARDS PROGRAM SERVICES. 18084327 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 104 0 1 262 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA IL DC MD MA NJ NY CO FL TX X X REINA PROWLER INTERIM CHIEF EXECUTIVE OFFICER 2155614676 2314 MARKET STREET PHILADELPHIA PA 19103 JOEL ZARROW MEMBER/CEO (THRU 06/03/22) 40.00 X X 254149 0 30487 SANDRA LOUK LAFEUR CHAIRPERSON 0.50 X X 0 0 0 GERALD MOSELY VICE-CHAIR 0.50 X X 0 0 0 MARY KLEIN SECRETARY 0.50 X X 0 0 0 VICTORIA RAIVITCH TREASURER 0.50 X X 0 0 0 RICHARD BERKMAN MEMBER 0.50 X 0 0 0 JOHN BONOW MEMBER 0.50 X 0 0 0 HENRI CROCKETT MEMBER 0.50 X 0 0 0 NELSON FLORES MEMBER 0.50 X 0 0 0 FRANK LONDON GETTRIDGE MEMBER 0.50 X 0 0 0 STEVE PILTCH MEMBER 0.50 X 0 0 0 LORI TAYLOR MEMBER 0.50 X 0 0 0 JACKIE WOOLLEY MEMBER 0.50 X 0 0 0 REINA PROWLER INTERIM CEO/CFO 40.00 X 222999 0 31570 NAIMAH BILAL CHIEF DEVELOPMENT OFFICER 40.00 X 213747 0 12679 FRANK GROSSMAN CHIEF ACADEMIC OFFICER 40.00 X 224804 0 1102 TODD GEHLING DIRECTOR OF TECHNOLOGY 40.00 X 165027 0 30870 JILL VALUNAS REGIONAL EXECUTIVE DIRECTOR 40.00 X 194108 0 12453 CARYN HENNING DIRECTOR OF PROFESSIONAL DEVELOPMENT 40.00 X 177683 0 13962 MICHELLE ALLEN EXECUTIVE DIRECTOR 40.00 X 155041 0 19353 1607558 0 152476 8 0 1 0 MATLEN SILVER GROUP INC 72 EAST MAIN STREET SOMERVILLE NJ 08876 IT DESIGN SUPPORT 322349 RESEARCH FOR ACTION 100 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19110 ASSESSMENT CONSULTANTS 217142 RAINBOW EDUCATIONAL CONCEPTS INC 250 COUNTY ROAD 744 JONESBORO AR 72401 SPANISH CURRICULUM CONSULTING 207027 IT DATA INC 1628 JFK BOULEVARD SUITE 2110 PHILADELPHIA PA 19103 TECHNOLOGY HARDWARE AND IT SUPPORT SERVI 114750 4 7784203 3160118 50545 10944321 SCHOOL DISTRICT CONTRACTS 900099 12492125 12492125 12492125 4618 4618 175092 175110 -18 -18 -18 OTHER INCOME 900099 41590 41590 41590 23482636 12533715 0 4600 785864 182952 107884 495028 13579190 11526628 1688427 364135 1885362 1558575 234953 91834 1079988 894230 130787 54971 7723 6311 964 448 76929 62866 9601 4462 1314501 1224243 38537 51721 59586 48694 7433 3459 342188 279635 42690 19863 761549 640005 76175 45369 536455 438391 66925 31139 103542 84615 12917 6010 64208 52471 8010 3727 180698 147666 22543 10489 BOOKS 617868 617868 PROGRAM MATERIALS 237384 237384 MAINTENANCE 57643 47106 7194 3343 RECRUITING 42446 34687 5295 2464 21733124 18084327 2460335 1188462 900 900 11880451 8434105 1086900 903619 2270819 1709462 199087 167850 137787 106012 627125 451566 164093 175559 1513144 1247716 17253181 12745223 2516128 2477520 306134 457938 6185200 0 61852 96847 9069314 3032305 X 6593446 8609978 1590421 1102940 8183867 9712918 17253181 12745223 1749512 -203693 -16768 0 X 0 1 X 1 1 1 X 8298076 9561868 7241809 5819568 10944321 41865642 8298076 9561868 7241809 5819568 10944321 41865642 2055991 39809651 42887 43028 47015 28531 4618 166079 32538 69346 36128 60155 41590 239757 42271478 92431816 0.94180 0.90130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 190740 65630 125110 77363 77363 0 359022 308573 50449 175559 DEFERRED RENT 96847 96847 X 23262175 -203693 -203693 23465868 16768 16768 23482636 21733124 0 21733124 0 21733124 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE ORGANIZATION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2022 OR 2021. X X 0 0 0 0 0 0 0 0 0 JOEL ZARROW MEMBER/CEO (THRU 06/03/22) 254149 0 0 0 0 0 4073 0 26414 0 284636 0 0 0 REINA PROWLER INTERIM CEO/CFO 222999 0 0 0 0 0 3684 0 27886 0 254569 0 0 0 NAIMAH BILAL CHIEF DEVELOPMENT OFFICER 213747 0 0 0 0 0 3381 0 9298 0 226426 0 0 0 FRANK GROSSMAN CHIEF ACADEMIC OFFICER 224804 0 0 0 0 0 1086 0 16 0 225906 0 0 0 JILL VALUNAS REGIONAL EXECUTIVE DIRECTOR 194108 0 0 0 0 0 3155 0 9298 0 206561 0 0 0 TODD GEHLING DIRECTOR OF TECHNOLOGY 165027 0 0 0 0 0 2984 0 27886 0 195897 0 0 0 CARYN HENNING DIRECTOR OF PROFESSIONAL DEVELOPMENT 177683 0 0 0 0 0 2835 0 11127 0 191645 0 0 0 MICHELLE ALLEN EXECUTIVE DIRECTOR 155041 0 0 0 0 0 2342 0 17011 0 174394 0 0 0 X 1 50545 HI-LOW DATE OF GIFT 0 0 0 PART I, COLUMN (B): THE COUNT IN COLUMN B REPRESENTS EACH UNIQUE STOCK CONTRIBUTION BY DONOR. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND CHIEF FINANCIAL OFFICER WILL REVIEW THE DRAFT 990 UPON RECEIPT. IF CHANGES ARE REQUIRED OR INFORMATION ADDED, THE ACCOUNTING MANAGER WILL COMMUNICATE WITH THE AUDITORS. ONCE CLI MANAGEMENT APPROVES THE DRAFT, A COPY IS PROVIDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C PER THE BOARD OF DIRECTORS HANDBOOK, THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED. IT IS GIVEN TO ALL BOARD MEMBERS BY WAY OF AN ANNUAL BOARD OF DIRECTOR'S HANDBOOK AND IS REVIEWED ANNUALLY BY THE BOARD GOVERNANCE COMMITTEE. THE CONFLICT OF INTEREST STATEMENTS ARE DISTRIBUTED TO THE BOARD IN SEPTEMBER AND ARE SIGNED AND RETURNED BY THE BOARD MEMBERS BY 12/31. FORM 990, PART VI, SECTION B, LINE 15 PER THE BOARD OF DIRECTOR'S HANDBOOK, THE BOARD PERSONNEL COMMITTEE IS TASKED TO REVIEW THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AT LEAST ANNUALLY AND SET COMPENSATION AND GOALS THAT ARE APPROPRIATE FOR CLI. FORM 990, PART VI, SECTION C, LINE 18 IN ADDITION TO BEING AVAILABLE UPON REQUEST, CLI'S 990 IS AVAILABLE ON THE FOLLOWING WEBSITES: -CLI.ORG -GUIDESTAR -CHARITY NAVIGATOR FORM 990, PART VI, SECTION C, LINE 19 CHILDREN'S LITERACY INITIATIVE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.