2022-05-10T08:26:47-07:00 2021-06-30 134036703 SCHALL & ASHENFARB CPAS LLC 307 FIFTH AVE 15TH FL NEW YORK NY 10016 990 2020-07-01 900394877 Adams Street Foundation Inc ADAM 7188346716 283 Adams Street Brooklyn NY 11201 Amanda Miller Treasurer 2022-05-10 true Amanda Miller 999009999 Michael Schall P02024184 2122682800 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Wes Earnhardt 283 Adams Street Brooklyn NY 11201 1103103 false X www.283adams.org X 2008 NY The Adams Street Foundation is the in-house, non-profit partner to the Urban Assembly School for Law & Justice, responsible for integrating pre-college enrichment and preparation for college and career into the school's curriculum. 14 14 6 100 0 656541 1101057 3489 0 0 3107 2046 663137 1103103 1000 2000 0 342795 400263 0 88668 230023 232017 573818 634280 89319 468823 643832 1088696 112002 88043 531830 1000653 The Adams Street Foundation is the in-house, non-profit affiliate of the Urban Assembly School for Law & Justice. Together, the organizations provide their high school students with the tools and resources to succeed in college and career. Acitvities: SAT prep, college tours, financial aid counseling, essay feedback, career development opportunities with seasoned professionals, coaching students through the early admissions process, after school clubs, mentoring, and mock trial programs. false false 436602 2000 The Adams Street Foundation, in partnership with the Urban Assembly School for Law & Justice (SLJ), serves over 400 students, the majority of whom live near or below the poverty line and will be the first in their family to go to college. SLJ is an unscreened, law-themed high school. Activities include SAT prep, college tours, financial aid counseling, essay feedback, career development opportunities with seasoned professionals, coaching students through the early admissions process, after school clubs, mentoring, and mock trial programs. * 2021 High School Graduation Rate - 98% (vs. a comparative city-wide graduation rate for 2019 of 77%).* In 2021, 100% of our seniors were accepted to college or have a post-high school plan.* On average, our alumni enroll in college with less than $5K in borrowing. Moreover, many of our students have $0 in borrowing. 436602 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 23 0 true 6 true false false false false false false false 0 false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false NY X Amanda Miller 7188346716 283 Adams Street Brooklyn NY 11201 Charon Darris thru 121 Executive Dir. 40.00 0.00 X 111822 0 0 Colby Allsbrook Co-Chair 1.00 0.00 X X 0 0 0 Wes Earnhardt Co-Chair 1.00 0.00 X X 0 0 0 Amanda Miller Treasurer 1.00 0.00 X X 0 0 0 Jillian Berman Director 1.00 0.00 X 0 0 0 Joaquin M Sena Director 1.00 0.00 X 0 0 0 Marnie Rosenberg Director 1.00 0.00 X 0 0 0 Beth Lind Director 1.00 0.00 X 0 0 0 Alison L Moore Director 1.00 0.00 X 0 0 0 Barry W Rashkover Director 1.00 0.00 X 0 0 0 Sinisa Babcic Director 1.00 0.00 X 0 0 0 Merilee Valentino thru 720 Director 1.00 0.00 X 0 0 0 Joe Keohane Director 1.00 0.00 X 0 0 0 Eric Cottle Director 1.00 0.00 X 0 0 0 Kristin Ferrales Director 1.00 0.00 X 0 0 0 Fei Chi Director 1.00 0.00 X 0 0 0 Elizabeth Kearney thru 921 Executive Dir. 40.00 0.00 X 0 0 0 111822 1 false false false 0 760087 68055 272915 1101057 0 0 0 0 0 0 760087 0 0 0 Other income 900099 2046 2046 2046 1103103 2046 X 0 2000 2000 0 0 98375 19675 39350 39350 0 227439 227439 0 49948 37882 6033 6033 24501 18583 2959 2959 0 0 0 0 0 0 72950 41200 31750 0 29694 22522 3586 3586 0 0 0 0 0 0 0 0 3544 2688 428 428 7027 1581 5194 252 College Career & Enrichment 104232 104232 Bad Debt 5691 5691 Bank Fees 4569 4569 Fundraising expenses 4310 4310 0 634280 436602 109010 88668 113567 105840 406012 646368 119334 327509 0 0 0 0 0 3003 263 13218 4502 1916 8716 0 0 0 0 0 643832 1088696 43947 88043 68055 112002 88043 X 481830 950653 50000 50000 531830 1000653 643832 1088696 468823 X false true X true false X 596022 552997 586832 656541 1101057 3493449 0 0 596022 552997 586832 656541 1101057 3493449 92035 3401414 0 0 3386 1371 4409 3107 2046 14319 3507768 22163 0.96970 0.95770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13218 4502 8716 8716 X 1150103 47000 47000 1103103 1103103 681280 47000 47000 634280 634280 Part X : FIN48 Footnote The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2018 and later are subject to examination by applicable taxing authorities. false VirtualBenefit 760087 760087 760087 760087 Form 990, Part VI, Line 11b: Form 990 Review Process Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members should disclose any conflicts of interest to the Board co-chairs and ED as soon as they arise. Moreover, by the first board meeting of the fiscal year, all board members are required to disclose any conflicts of interest. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The co-chairs and school principal (who is also a board member) develop a proposed compensation package for the executive director, based on the executive directors performance and on information concerning executive director compensation at comparable non-profit organizations.The proposal is voted on and approved by the full board, either at a board meeting or by email. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Financial statements are available upon request.