2023-11-08T16:32:39-06:00 2022-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2022-01-01 223683539 Roots & Wings Foundation % SCOTT KRAEMER ROOT 9734536668 75 Bloomfield Avenue Suite 303 Denville NJ 07834 Scott Kraemer FIN COMMITTEE CHAIR 9734536668 2023-11-15 true Scott Kraemer 999009999 Michael Pintabone P01275156 7328281614 2 2022 2023-04-26 12:10:37Z Scott Kraemer 75 Bloomfield Avenue303 Denville NJ 07834 1109279 false X rootsandwingsnj.org X 1999 NJ TO PROVIDE SAFE HOUSING,EMOTIONAL SUPPORT LIFE SKILLS, AND EDUCATIONAL OPPORTUNITIES FOR YOUTH AGING OUT OF FOSTER CARE; EMPOWERING THEM TO RISE TOWARD THEIR GREATEST POTENTIAL. 12 12 8 40 0 1293008 959724 53013 54825 1724 3495 1133 0 1348878 1018044 66865 54817 0 0 467024 436309 0 0 120294 457644 512315 991533 1003441 357345 14603 2006269 2004784 60659 44571 1945610 1960213 X TO PROVIDE SAFE HOUSING, EMOTIONAL SUPPORT, LIFE SKILLS, AND EDUCATIONAL OPPORTUNITIES FOR YOUTH AGING OUT OF FOSTER CARE; EMPOWERING THEM TO RISE TOWARD THEIR GREATEST POTENTIAL. false false 561211 54817 YOUTH SUPPORT WE MAKE A LONG-TERM INVESTMENT IN EACH YOUNG ADULT TO ALLOW THEM THE TIME AND SUPPORT TO BUILD THE EDUCATIONAL FOUNDATION AND SOCIAL MATURITY THEY NEED TO SUCCEED. THE CASE MANAGEMENT SERVICES PROVIDED BY OUR PROFESSIONAL STAFF SERVE AS A SAFETY NET, PROTECTING OUR YOUNG PEOPLE FROM THE RISKS FORMER FOSTER YOUTH FACE WHEN LEFT WIHOUT SUPPORT AND GUIDANCE. 237302 THE RISE (RESIDENTIAL INDEPENDENCE SELF- SUFFICIENCY AND EDUCATION) RESIDENTIAL PROGRAM PROVIDES YOUNG ADULTS WHO HAVE AGED OUT OF THE FOSTER CARE SYSTEM WITH A STABLE ENVIRONMENT SO THAT THEY CAN PURSUE THEIR EDUCATION WITH FULL CONCENTRATION. 798513 true true false false false false false false false false true false false false true true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 13 0 true 8 true false false false false false true true false false false false false false X 12 12 true false false false false false false true true false false true true true true true true true true false NJ NY X SCOTT KRAEMER 9734536668 75 BLOOMFIELD AVENUE NO 303 DENVILLE NJ 07834 Shaun Adams Executive Director (Thru 09/22 45.0 0.0 X 79694 0 2800 Pat Bohse Interim ED (Start 08/22) 45.0 0.0 X 35963 0 0 June Toth President 3.0 0.0 X X 0 0 0 Scott Kraemer TREASURER 2.5 0.0 X X 0 0 0 Marni Neuburger Vice President (Thru 06/22) 1.5 0.0 X X 0 0 0 Lisa Adams Secretary 1.5 0.0 X X 0 0 0 Lisa Smith Trustee 1.0 0.0 X 0 0 0 The Honorable Barbara Curran Trustee (Dec'd 01/22) 1.5 0.0 X 0 0 0 Andrea Chasin Trustee 1.0 0.0 X 0 0 0 Debra Shannon Gibbons Trustee 1.0 0.0 X 0 0 0 Marisol Peters Trustee 1.5 0.0 X 0 0 0 Fuquan Bilal Trustee (Thru 05/22) 1.0 0.0 X 0 0 0 Peter Nadeau Trustee 1.0 0.0 X 0 0 0 SUSAN PORTNOI TRUSTEE 1.0 0.0 X 0 0 0 Paul Heroux TRUSTEE (Start 04/22) 1.0 0.0 X 0 0 0 Ilene Patasnik TRUSTEE (Start 12/22) 1.0 0.0 X 0 0 0 Karna Gerich Cestero TRUSTEE (Start 12/22) 1.0 0.0 X 0 0 0 115657 0 2800 0 false false false 0 335937 136395 487392 46953 959724 RENTAL INCOME 900099 54825 54825 54825 3573 3573 0 0 0 0 0 4932 5010 -78 -78 -78 86225 335937 86225 0 0 0 0 0 0 0 0 0 1018044 54825 3495 0 54817 54817 0 0 83800 65336 5894 12570 0 304050 237159 21284 45607 0 14328 11033 1146 2149 34131 26281 2730 5120 0 100 100 40827 27956 12871 0 0 0 19867 10553 9314 9824 3343 3237 3244 78070 26448 14344 37278 0 0 289247 281455 5195 2597 0 0 23957 14794 9163 0 0 22562 19178 1805 1579 27861 20060 6965 836 1003441 798513 84634 120294 X 523082 527854 911492 914807 42000 46130 0 0 0 0 0 0 0 0 0 0 24954 13462 600121 153849 461211 446272 0 0 0 0 0 0 11000 24250 32530 32009 2006269 2004784 60659 36452 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8119 60659 44571 X 1924610 1914048 21000 46165 1945610 1960213 2006269 2004784 14603 X X false true X true false X 944644 945288 850492 1293008 959724 4993156 0 0 944644 945288 850492 1293008 959724 4993156 321083 4672073 62057 65712 57893 1858 3573 191093 0 0 5184249 107838 0.90121 0.89622 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 180800 180800 311280 88466 222814 52184 21091 31093 11014 5323 5691 44843 38969 5874 446272 0 LEASE LIABILITY 8119 8119 X 1018044 1018044 1018044 1003441 1003441 1003441 PART IV, LINE 2B: THE CUSTODIAL FUNDS ACCOUNT REPRESENTS THE FEE MONEY HELD BY THE FOUNDATION ON BEHALF OF ITS PROGRAM PARTICIPANTS. THE PARTICIPANTS THAT ARE BEING SERVICED ARE REQUIRED TO PAY A FEE TO THE FOUNDATION. THESE FEES ARE ACCUMULATED ON BEHALF OF THE PARTICIPANTS AND ARE RETURNED BACK TO THEM AT THE END OF THEIR PROGRAM TERM. THIS ASSISTS THE PARTICIPANTS IN GETTING ACCUSTOMED TO PAYING BILLS AND GIVES THEM AN AMOUNT TO BEGIN THEIR NEW LIVES AFTER THE PROGRAM. THE FOUNDATION'S POLICY IS TO RECOGNIZE A LIABILITY UNTIL THE MONEY IS DISTRIBUTED BACK TO THE PARTICIPANT, AT WHICH TIME THE LIABILITY IS REMOVED FROM THE FOUNDATION'S BOOKS. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION DESCRIBED UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE CODE. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. The Foundation follows the provisions of FASB ASC 740, Income Taxes. The standard prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition related to those tax positions. The Foundation believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. There are no income tax related penalties or interest included in these financial statements. As required by law, the Foundation files informational returns with the U.S. federal and New Jersey and New York state jurisdictions on an annual basis, Form 990 with the Internal Revenue Service, Form CRI-300R with the State of New Jersey, and Form CHAR 500 with the State of New York. These returns are subject to examination by these authorities within certain statutorily defined periods established by the respective jurisdictions. Rise & Fly Gala 249513 208004 41509 41509 Authors' Lunch 57315 20213 37102 37102 0 306828 228217 78611 78611 78611 true rent & emergency assistance 21 54817 PART I, LINE 2: GRANTS ARE APPLIED DIRECTLY TO PAYING BILLS AND MONTHLY EXPENSES FOR PURPOSE OF THE YOUTH HOUSING PROGRAM. THESE PAYMENTS FLOW THROUGH THE INTERNAL CONTROL SYSTEM OF THE FOUNDATION. GRANTS ARE USED IN ACCORDANCE WITH ESTABLISHED GUIDELINES. X SUPPLIES 30 46953 0 false false false FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: MONTHLY LIFE SKILLS SEMINARS WERE CONDUCTED THROUGHOUT 2022 FOR THE RISE CLIENTS AS WELL. THIS YEAR WE HAVE GREATLY INCREASED THE SCOPE AND BREADTH OF GROUPS THAT WE OFFER TO OUR RISE CLIENTS AND HAVE PIVOTED TO UTILIZING VIRTUAL WORKSHOPS AS WELL WHICH HAS ALLOWED FOR A WIDER VARIETY OF GUEST SPEAKERS. WE HAVE ALSO OFFERED FINANCIAL LITERACY, CAR PURCHASING AND NEGOTIATION SKILLS GROUP, MALE AND FEMALE EMPOWERMENT GROUPS, HOW TO START A SMALL BUSINESS, POETRY WRITING WORKSOPS, SELF- LOVE WORKSHOPS, YOGA AND MEDITATION GROUPS, ETC. EDUCATION CONTINUES TO BE A MAJOR FOCUS OF OUR WORK AND OUR RISE CLIENTS ARE EITHER PURSUING FURTHERING THEIR EDUCATION OR ACQUIRING CAREER AND VOCATIONAL SKILLS THROUGH A VARIETY OF SCHOOLS OR TRAINING PROGRAMS. IN 2022, ROOTS AND WINGS CLIENTS WERE ENROLLED IN MONTCLAIR STATE UNIVERSITY, BLOOMFIELD COLLEGE, THE COUNTY COLLEGE OF MORRIS, UNION COUNTY COMMUNITY COLLEGE, UNION COUNTRY VO-TECH, KEAN UNIVERSITY, WILLIAM PATTERSON UNIVERSITY AND MORRIS COUNTY VOCATIONAL SCHOOL. OVER THIS YEAR TWO CLIENTS GRADUATED FROM MONTCLAIR STATE UNIVERSITY WITH DEGREES IN PSYCHOLOGY AND CRIMINAL JUSTICE, ONE GRADUATED FROM KEAN UNIVERSITY WITH A DEGREE IN HEALTH ADMINISTRATION AND ANOTHER GRADUATED FROM WILLIAM PATTERSON WITH A DOUBLE MAJOR IN PSYCHOLOGY AND DISABILITY STUDIES WHILE OTHERS CONTINUE TO STUDY AT THEIR RESPECTIVE SCHOOLS. AT LEAST TWO MORE CLIENTS ARE SLATED FOR GRADUATION IN 2023. ANOTHER CLIENT'S GOAL IS TO OBTAIN HIS BACHELOR'S DEGREE IN PSYCHOLOGY AND WITH THE SUPPORT OF THE STAFF HE BEGAN DICKINSON UNIVERSITY IN FALL 2022. Overall, 2022 was a successful year as the agency and our clients transitioned out of the pandemic. FORM 990, PART VI, SECTION B, LINE 11 B: ROOTS AND WINGS FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINAZLIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12 C: ROOTS AND WINGS FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATED THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15: THE COMPENSATION OF THE FOUNDATION'S OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19: ROOTS AND WINGS FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE FOUNDATION'S OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. IN ADDITION, FORMS 1023 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE FOUNDATION'S OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. FORM 990, PART VI, SECTION A, LINE 2: Lori Kraemer, Executive Assistant and Scott Kraemer, Board Treasurer have a family relationship.