STUDENT SPONSOR PARTNERSHIP INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
STUDENT SPONSOR PARTNERSHIP INC (EIN 13-3392965)
Tax period
2020-09-01 to 2021-08-31
Filed
2022-02-08
IRS object ID
202210399349300321
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-02-08T09:45:22-06:00ReturnTs
Tax Period End2021-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205907963PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RBSM ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1805 THIRD AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133392965EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STUDENTSPONSOR PARTNERSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTUDBusinessNameControlTxt
Phone2129869575PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1132 EAST 43RD STREET NO 429AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEBRA VIZZIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2129869575PhoneNum
Signature2022-02-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDEBRAPersonFirstNm
Person LastVIZZIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOWARD BRODMANPreparerPersonNm
PTINP00021944PTIN
Phone2128385100PhoneNum
Preparation2022-02-07PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDEBRA VIZZIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1132 EAST 43RD STREET NO 429AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,603,539GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SSPNYC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE HIGH SCHOOLS IN NYCActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee28TotalEmployeeCnt
Total Volunteers1000TotalVolunteersCnt
Total Gross UBI$33,814TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,484,446PYContributionsGrantsAmt
CY Contributions Grants$7,860,267CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$72,779PYInvestmentIncomeAmt
CY Investment Income-$2,578CYInvestmentIncomeAmt
PY Other Revenue-$124,316PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,432,909PYTotalRevenueAmt
CY Total Revenue$7,857,689CYTotalRevenueAmt
PY Grants And Similar Paid$5,101,928PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$4,884,651CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,180,590PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,852,510CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$65,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$810,828CYTotalFundraisingExpenseAmt
PY Other Expenses$2,190,531PYOtherExpensesAmt
CY Other Expenses$897,169CYOtherExpensesAmt
PY Total Expenses$9,538,049PYTotalExpensesAmt
CY Total Expenses$7,634,330CYTotalExpensesAmt
PY Revenues Less Expenses-$1,105,140PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$223,359CYRevenuesLessExpensesAmt
Total Assets BOY$20,541,089TotalAssetsBOYAmt
Total Assets EOY$20,973,372TotalAssetsEOYAmt
Total Liabilities BOY$891,882TotalLiabilitiesBOYAmt
Total Liabilities EOY$872,675TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$19,649,207NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,100,697NetAssetsOrFundBalancesEOYAmt
MissionSTUDENT/SPONSOR PARTNERSHIP HARNESSES THE POWER OF QUALITY EDUCATION AND MENTORSHIP TO HELP LOW-INCOME AND ACADEMICALLY AVERAGE NEW YORK CITY YOUTH ESCAPE THE CYCLE OF POVERTY AND REACH THEIR HIGHEST POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,100,169ExpenseAmt
Grant$4,884,651GrantAmt
DescSSP'S MISSION IS TO PROVIDE ECONOMICALLY AND EDUCATIONALLY DISADVANTAGED STUDENTS ACCESS TO PRIVATE EDUCATION THROUGH FINANCIAL SCHOLARSHIPS PROVIDED BY A SPONSOR AND INDIVIDUAL MENTORING AND COACHING PROVIDED BY AN ADULT MENTOR. SSP FURTHER SUPPORTS OUR STUDENTS WITH COLLEGE READINESS PROGRAMS AND COLLEGE SCHOLARSHIPS. SSP HAS FINANCED AND GUIDED OVER 7,000 STUDENTS THROUGH HIGH SCHOOL. 1008 SSP STUDENTS COMPLETED THE 2020-2021 SCHOOL YEAR AND RECEIVED OVER $5 MILLION IN SCHOLARSHIPS FROM SSP TO ATTEND 26 PRIVATE AND PAROCHIAL SCHOOLS THROUGHOUT NEW YORK CITY. OUR MENTORS CONTRIBUTE OVER 7,000 HOURS EVERY YEAR TO DIRECTLY SUPPORT OUR STUDENTS.Desc
Total Program Service Expenses$6,100,169TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee28EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDEBRA VIZZIEXECUTIVE DIRECTORPersonNm
Phone2129869575PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1132 EAST 43RD STREET SUITE 429AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRISTOPHER J NIEHAUS
CHAIR4.00Yes (X)Yes (X)$0$0$0
JIM HEALY
VICE-CHAIR2.00Yes (X)Yes (X)$0$0$0
KEVIN J CONWAY
VICE-CHAIR2.00Yes (X)Yes (X)$0$0$0
ROBERT H NIEHAUS
VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
EDWARD COX
DIRECTOR1.00Yes (X)$0$0$0
BRIAN HOFFMAN
DIRECTOR1.00Yes (X)$0$0$0
ANDREW HORROCKS
DIRECTOR4.00Yes (X)$0$0$0
ALFRED F HURLEY JR
DIRECTOR1.00Yes (X)$0$0$0
PETER J LYON
DIRECTOR1.00Yes (X)$0$0$0
TOM MERCEIN
DIRECTOR1.00Yes (X)$0$0$0
LORA ROBERTSON
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN M SCHILLER
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM ANDERSON
DIRECTOR1.00Yes (X)$0$0$0
HENRY MULHOLLAND
DIRECTOR1.00Yes (X)$0$0$0
MEGAN FLANIGAN
DIRECTOR1.00Yes (X)$0$0$0
JOHN STOSSEL
DIRECTOR1.00Yes (X)$0$0$0
ROBERT HUNTINGTON
DIRECTOR1.00Yes (X)$0$0$0
ROBERT BRENNAN
DIRECTOR1.00Yes (X)$0$0$0
SUSAN DUNNE
DIRECTOR1.00Yes (X)$0$0$0
ALOYSIUS MCLAUGHLIN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL SCHAFTEL
DIRECTOR1.00Yes (X)$0$0$0
ROBERT SPENCER
DIRECTOR1.00Yes (X)$0$0$0
DR VALERIE ANN ROWE
DIRECTOR1.00Yes (X)$0$0$0
DEBRA VIZZI
EXEC.DIR.50.00Yes (X)$476,667$0$43,271
JULIA SPECTOR
DIR. OF PHILANTHROPY50.00Yes (X)$134,096$0$15,078
HEATHER TURNER
CHIEF OF STAFF50.00Yes (X)$175,776$0$18,379
MARY FADDOUL
VP PROGRAMS50.00Yes (X)$123,338$0$15,147
FieldValueIRS element (for citing)
Total Reportable Comp From Org$909,877TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$91,875TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,008,748FundraisingAmt
Government Grants$332,400GovernmentGrantsAmt
All Other Contributions$6,519,119AllOtherContributionsAmt
Total Contributions$7,860,267TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,814TotalRevenueColumnAmt
Unrelated Business Revenue$33,814UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$709,458SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$745,850SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$36,392SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$36,392TotalRevenueColumnAmt
Related Or Exempt Func Income-$36,392RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,008,748ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,857,689TotalRevenueColumnAmt
Related Or Exempt Func Income-$36,392RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$33,814UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$4,884,651TotalAmt
Program Services$4,884,651ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,564,436TotalAmt
Program Services$713,774ProgramServicesAmt
Management And General$356,879ManagementAndGeneralAmt
Fundraising$493,783FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$49,738TotalAmt
Program Services$22,693ProgramServicesAmt
Management And General$11,346ManagementAndGeneralAmt
Fundraising$15,699FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$138,820TotalAmt
Program Services$63,337ProgramServicesAmt
Management And General$31,676ManagementAndGeneralAmt
Fundraising$43,807FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$99,516TotalAmt
Program Services$45,404ProgramServicesAmt
Management And General$22,702ManagementAndGeneralAmt
Fundraising$31,410FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$361,024TotalAmt
Program Services$224,853ProgramServicesAmt
Management And General$55,029ManagementAndGeneralAmt
Fundraising$81,142FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,090TotalAmt
Program Services$5,882ProgramServicesAmt
Management And General$2,739ManagementAndGeneralAmt
Fundraising$8,469FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$174,818TotalAmt
Program Services$67,702ProgramServicesAmt
Management And General$22,984ManagementAndGeneralAmt
Fundraising$84,132FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$28,290TotalAmt
Program Services$12,907ProgramServicesAmt
Management And General$6,454ManagementAndGeneralAmt
Fundraising$8,929FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$15,003TotalAmt
Program Services$5,613ProgramServicesAmt
Management And General$2,614ManagementAndGeneralAmt
Fundraising$6,776FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,925TotalAmt
Program Services$11,372ProgramServicesAmt
Management And General$5,686ManagementAndGeneralAmt
Fundraising$7,867FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
BAD DEBTS$125,101$125,101
LOSS ON SUBLEASE$71,629$71,629
PAYROLL, BANK AND OTHER$44,684$2,311$29,614$12,759
OTHER$34,605$6,183$12,367$16,055

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,634,330TotalAmt
Program Services$6,100,169ProgramServicesAmt
Management And General$723,333ManagementAndGeneralAmt
Fundraising$810,828FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$8,521,423BOYAmt
EOY$9,136,442EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,390,800BOYAmt
EOY$1,905,641EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,596,133BOYAmt
EOY$8,455,647EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$167,555BOYAmt
EOY$177,518EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$195,814LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$103,660LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$124,509BOYAmt
EOY$92,154EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$740,669BOYAmt
EOY$1,205,970EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,541,089BOYAmt
EOY$20,973,372EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$111,721BOYAmt
EOY$149,224EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$780,161BOYAmt
EOY$723,451EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$891,882BOYAmt
EOY$872,675EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,206,697BOYAmt
EOY$6,189,474EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,442,510BOYAmt
EOY$13,911,223EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$19,649,207BOYAmt
EOY$20,100,697EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,541,089BOYAmt
EOY$20,973,372EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$223,359ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$228,131NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,248,406CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,502,435CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,392,595CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,543,679CurrentTaxYearMinus1YearAmt
Current Tax Year$7,860,267CurrentTaxYearAmt
Total$49,547,382TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,248,406CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,502,435CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,392,595CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,543,679CurrentTaxYearMinus1YearAmt
Current Tax Year$7,860,267CurrentTaxYearAmt
Total$49,547,382TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,063,408SubstantialContributorsTotAmt
Public Support Total170$47,483,974PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$65,411CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$86,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,244CurrentTaxYearMinus1YearAmt
Current Tax Year$33,814CurrentTaxYearAmt
Total$317,528TotalAmt
FieldValueIRS element (for citing)
Total Support$49,864,910TotalSupportAmt
Public Support CY1700.95230PublicSupportCY170Pct
Public Support PY1700.98880PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,085,217BeginningYearBalanceAmt
Contributions$47,600ContributionsAmt
Investment Earnings Or Losses$256,601InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,000GrantsOrScholarshipsAmt
End Year Balance$2,369,418EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,865,427BeginningYearBalanceAmt
Contributions$87,300ContributionsAmt
Investment Earnings Or Losses$132,490InvestmentEarningsOrLossesAmt
End Year Balance$2,085,217EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$505,319BeginningYearBalanceAmt
Contributions$1,506,000ContributionsAmt
Investment Earnings Or Losses$15,641InvestmentEarningsOrLossesAmt
Other Expenditures$161,533OtherExpendituresAmt
End Year Balance$1,865,427EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$605,891BeginningYearBalanceAmt
Contributions$185,720ContributionsAmt
Other Expenditures$286,292OtherExpendituresAmt
End Year Balance$505,319EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$600,628BeginningYearBalanceAmt
Contributions$201,456ContributionsAmt
Other Expenditures$196,193OtherExpendituresAmt
End Year Balance$605,891EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$74,306OtherCostOrOtherBasisAmt
Depreciation$21,851DepreciationAmt
Book Value$52,455BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$63,242OtherCostOrOtherBasisAmt
Depreciation$51,057DepreciationAmt
Book Value$12,185BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$58,266OtherCostOrOtherBasisAmt
Depreciation$30,752DepreciationAmt
Book Value$27,514BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$92,154TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DEFERRED RENT$79,824
LOAN PAYABLE-PPP$310,092
SUBLEASE LIABILITY$259,315
SECURITY DEPOSIT$74,220
FieldValueIRS element (for citing)
Total Liability$723,451TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$8,298,089TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$228,130NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$212,270DonatedServicesAndUseFcltsAmt
Revenue Not Reported$440,400RevenueNotReportedAmt
Revenue Subtotal$7,857,689RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,857,689TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,846,599TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$212,270DonatedServicesUseFcltsAmt
Expenses Not Reported$212,270ExpensesNotReportedAmt
Expenses Subtotal$7,634,329ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,634,329TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS SEVERAL PERMANENTLY AND TEMPORARILY RESTRICTED FUNDS WHOSE PRIMARY PURPOSES ARE TO PROVIDE SCHOLARSHIPS FOR STUDENTS MEETING VARIOUS CHARACTERISTICS. IN ADDITION, THERE ARE FUNDS RESTRICTED FOR THE ORGANIZATION'S COLLEGE AND CAREER PREP PROGRAM.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITIONGrantTypeTxt
Recipient1008RecipientCnt
Cash Grant$4,884,651CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I PART I #2FormAndLineReferenceDesc
ExplanationTHE AMOUNT OF TUITION ASSISTANCE IS SET FROM THE BEGINNING OF THE ACADEMIC YEAR AND VERIFIED BY THE SCHOOL AND THE SSP SCHOOLS TEAM QUARTERLY. SSP'S SCHOOLS TEAM CHECK WITH EACH SCHOOL ON A QUARTERLY BASIS ON THE NUMBER OF STUDENTS CURRENTLY ENROLLED AND THE COST FOR THAT QUARTER'S TUITION. IF A STUDENT LEAVES THE PROGRAM, WE ONLY PAY FOR THE WEEKS THAT THEY ATTENDED SCHOOL. WE RECEIVE IMMEDIATE NOTICE WHEN A STUDENT LEAVES THE PROGRAM AND UPDATE OUR INVOICES ACCORDINGLY.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DEBRA VIZZI
EXEC.DIR.$376,667$0$100,000$0$0$0$15,296$0$27,975$0$519,938$0$0$0
HEATHER TURNER
CHIEF OF STAFF$138,122$0$26,500$0$11,154$0$8,956$0$9,423$0$194,155$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2ROBERT NIEHAUS AND CHRISTOPHER NIEHAUS ARE BROTHERS
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE 990 IS PROVIDED TO BOTH THE CHAIR OF THE AUDIT COMMITTEE AND THE FINANCE COMMITTEE. AS REPRESENTATIVES OF SSP'S GOVERNING BODY, BOTH CHAIRS REVIEW THE FORM 990 FOR ACCURACY. UPON THEIR APPROVAL, THE FORM 990 IS SUBMITTED TO THE IRS. A COPY OF THE FINAL, APPROVED FORM 990 IS PROVIDED TO ALL BOARD MEMBERS, PRIOR TO THE FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL MEMBERS OF THE BOARD AS WELL AS THE EXECUTIVE DIRECTOR ARE SUBJECT TO A CONFLICT OF INTEREST POLICY. IN THE EVENT THAT THE BOARD CONSIDERS AN ISSUE THAT INVOLVES THE FINANCIAL RELATIONSHIP BETWEEN THE CORPORATION AND A MEMBER OF THE BOARD, THE BOARD MEMBER WILL DISCLOSE TO THE BOARD THE FINANCIAL RELATIONSHIP THAT THE PARTICULAR BOARD MEMBER HAS WITH RESPECT TO THE ISSUE. THE BOARD MEMBER SHALL REFRAIN FROM VOTING ON THE MATTER. THE POLICY IS APPLICABLE TO TRANSACTIONS INVOLVING BOARD MEMBERS AND THEIR IMMEDIATE FAMILY MEMBERS.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD CHAIR AND CHAIR OF SSP'S HR COMMITTEE CONDUCTS A FORMAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AT THE END OF THE FISCAL YEAR. BASED ON ACCOMPLISHMENTS AGAINST GOALS, THE EXECUTIVE DIRECTOR'S COMPENSATION IS DISCUSSED WITH THE EXECUTIVE COMMITTEE AND RECOMMENDED SALARY INCREASE IS ALIGNED WITH THE PROFESSIONAL FOR NONPROFITS ANNUAL NONPROFIT SALARY AND STAFFING REPORT FOR THE NEW YORK CITY AREA. THE PROCESS TO REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR WAS LAST UNDERTAKEN IN FY18, AS THE ORGANIZATION CONDUCTED A SEARCH AND HIRED A NEW EXECUTIVE DIRECTOR. SSP DID NOT PAY COMPENSATION TO ANYONE ELSE MEETING THE DEFINITION OF OFFICER OR KEY EMPLOYEE.
FORM 990, PART VI, SECTION C, LINE 19THE AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON SSP'S WEBSITE.

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