2022-02-08T09:45:22-06:00 2021-08-31 205907963 RBSM ADVISORS 805 THIRD AVENUE NEW YORK NY 10022 990 2020-09-01 133392965 STUDENTSPONSOR PARTNERSHIP INC STUD 2129869575 132 EAST 43RD STREET NO 429 NEW YORK NY 10017 DEBRA VIZZI EXECUTIVE DIRECTOR 2129869575 2022-02-08 1 DEBRA VIZZI 999009999 HOWARD BRODMAN P00021944 2128385100 2022-02-07 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DEBRA VIZZI 132 EAST 43RD STREET NO 429 NEW YORK NY 10017 8603539 0 X WWW.SSPNYC.ORG X 1986 NY TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE HIGH SCHOOLS IN NYC 26 26 28 1000 33814 0 8484446 7860267 0 0 72779 -2578 -124316 0 8432909 7857689 5101928 4884651 0 0 2180590 1852510 65000 0 810828 2190531 897169 9538049 7634330 -1105140 223359 20541089 20973372 891882 872675 19649207 20100697 STUDENT/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. 0 0 6100169 4884651 SSP'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. 6100169 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 28 1 0 0 0 0 0 0 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X DEBRA VIZZIEXECUTIVE DIRECTOR 2129869575 132 EAST 43RD STREET SUITE 429 NEW YORK NY 10017 CHRISTOPHER J NIEHAUS CHAIR 4.00 X X 0 0 0 JIM HEALY VICE-CHAIR 2.00 X X 0 0 0 KEVIN J CONWAY VICE-CHAIR 2.00 X X 0 0 0 ROBERT H NIEHAUS VICE-CHAIR 1.00 X X 0 0 0 EDWARD COX DIRECTOR 1.00 X 0 0 0 BRIAN HOFFMAN DIRECTOR 1.00 X 0 0 0 ANDREW HORROCKS DIRECTOR 4.00 X 0 0 0 ALFRED F HURLEY JR DIRECTOR 1.00 X 0 0 0 PETER J LYON DIRECTOR 1.00 X 0 0 0 TOM MERCEIN DIRECTOR 1.00 X 0 0 0 LORA ROBERTSON DIRECTOR 1.00 X 0 0 0 STEPHEN M SCHILLER DIRECTOR 1.00 X 0 0 0 WILLIAM ANDERSON DIRECTOR 1.00 X 0 0 0 HENRY MULHOLLAND DIRECTOR 1.00 X 0 0 0 MEGAN FLANIGAN DIRECTOR 1.00 X 0 0 0 JOHN STOSSEL DIRECTOR 1.00 X 0 0 0 ROBERT HUNTINGTON DIRECTOR 1.00 X 0 0 0 ROBERT BRENNAN DIRECTOR 1.00 X 0 0 0 SUSAN DUNNE DIRECTOR 1.00 X 0 0 0 ALOYSIUS MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 MICHAEL SCHAFTEL DIRECTOR 1.00 X 0 0 0 ROBERT SPENCER DIRECTOR 1.00 X 0 0 0 DR VALERIE ANN ROWE DIRECTOR 1.00 X 0 0 0 DEBRA VIZZI EXEC.DIR. 50.00 X 476667 0 43271 JULIA SPECTOR DIR. OF PHILANTHROPY 50.00 X 134096 0 15078 HEATHER TURNER CHIEF OF STAFF 50.00 X 175776 0 18379 MARY FADDOUL VP PROGRAMS 50.00 X 123338 0 15147 909877 0 91875 4 0 1 0 0 1008748 332400 6519119 7860267 33814 33814 709458 745850 -36392 -36392 -36392 0 1008748 0 0 7857689 -36392 33814 0 4884651 4884651 1564436 713774 356879 493783 49738 22693 11346 15699 138820 63337 31676 43807 99516 45404 22702 31410 361024 224853 55029 81142 17090 5882 2739 8469 174818 67702 22984 84132 28290 12907 6454 8929 15003 5613 2614 6776 24925 11372 5686 7867 BAD DEBTS 125101 125101 LOSS ON SUBLEASE 71629 71629 PAYROLL, BANK AND OTHER 44684 29614 2311 12759 OTHER 34605 12367 6183 16055 7634330 6100169 723333 810828 8521423 9136442 3390800 1905641 7596133 8455647 167555 177518 195814 103660 124509 92154 740669 1205970 20541089 20973372 111721 149224 780161 723451 891882 872675 X 5206697 6189474 14442510 13911223 19649207 20100697 20541089 20973372 223359 228131 0 X 0 1 X 1 0 X 6248406 7502435 19392595 8543679 7860267 49547382 6248406 7502435 19392595 8543679 7860267 49547382 2063408 47483974 47650 65411 86409 84244 33814 317528 49864910 0.95230 0.98880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2085217 47600 256601 20000 2369418 1865427 87300 132490 2085217 505319 1506000 15641 161533 1865427 605891 185720 286292 505319 600628 201456 196193 605891 0 0 74306 21851 52455 63242 51057 12185 58266 30752 27514 92154 DEFERRED RENT 79824 LOAN PAYABLE-PPP 310092 SUBLEASE LIABILITY 259315 SECURITY DEPOSIT 74220 723451 8298089 228130 212270 440400 7857689 0 7857689 7846599 212270 212270 7634329 0 7634329 PART V, LINE 4: THE 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. 1 TUITION 1008 4884651 SCHEDULE I PART I #2 THE 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. X X X X 0 0 0 0 0 0 0 0 0 DEBRA VIZZI EXEC.DIR. 376667 0 100000 0 0 0 15296 0 27975 0 519938 0 0 0 HEATHER TURNER CHIEF OF STAFF 138122 0 26500 0 11154 0 8956 0 9423 0 194155 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT NIEHAUS AND CHRISTOPHER NIEHAUS ARE BROTHERS FORM 990, PART VI, SECTION B, LINE 11B A 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 12C ALL 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 15 THE 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 19 THE AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON SSP'S WEBSITE.