2022-05-13T12:16:05-05:00 2021-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-11-11 853880867 TRIO NEW COLLEGE NETWORK INC TRIO 2108445234 9 MENLO STREET BOSTON MA 02135 CHRIS GABRIELI CHEIF EXECUTIVE OFFICER 2108445234 2022-05-10 1 CHRIS GABRIELI XXX-XX-XXXX SORIE KABA CPA P01317106 5083669100 2022-05-10 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X CHRIS GABRIELI 9 MENLO STREET BOSTON MA 02135 1710153 0 X HTTPS://WWW.TRIONETWORK.ORG/ X 2020 MA THE MISSION OF TRIO NEW COLLEGE NETWORK IS TO PARTNER WITH LOCAL COMMUNITY LEADERS TO HELP LAUNCH AND OPERATE COLLEGE SUCCESS CENTERS IN THEIR COMMUNITY IN ORDER TO BETTER SERVE STUDENTS WHO ARE CURRENTLY NOT WELL-SUPPORTED BY EXISTING HIGHER EDUCATION OPTIONS, AND GIVE ALL STUDENTS ACCESS TO A LOW-COST, HIGH QUALITY DEGREE PATHWAY. 4 4 9 4 0 0 1710153 0 0 0 1710153 0 0 99044 0 4034 73093 172137 1538016 1600385 62369 1538016 X THE MISSION OF TRIO NEW COLLEGE NETWORK IS TO PARTNER WITH LOCAL COMMUNITY LEADERS TO HELP LAUNCH AND OPERATE COLLEGE SUCCESS CENTERS IN THEIR COMMUNITY IN ORDER TO BETTER SERVE STUDENTS WHO ARE CURRENTLY NOT WELL-SUPPORTED BY EXISTING HIGHER EDUCATION OPTIONS. AND GIVE ALL STUDENTS ACCESS TO A LOW-COST, HIGH QUALITY DEGREE PATHWAY. 0 0 157227 IN FY21, TRIO ONLY HAD ONE PRIMARY PROGRAM SERVICE WHICH WAS THE DEVELOPMENT OF OUR FELLOWSHIP TRAINING PROGRAM AND THE RECRUITMENT AND TRAINING OF OUR FIRST TWO FELLOWS. IN COLLABORATION WITH OUR TRAINING PARTNER, DUET, WE DEVELOPED A ROBUST TRAINING CURRICULUM AND SIX-WEEK RESIDENCY EXPERIENCE.WE RECRUITED TWO INITIAL LEADERS, ONE FROM NEWARK, NJ AND ANOTHER FROM DETROIT, MI, WHO SUCCESSFULLY COMPLETED THE FELLOWSHIP TRAINING PROGRAM AND ARE NOW PREPARING TO LAUNCH AND LEAD COMMUNITY-BASED PROGRAMS IN THEIR HOME COMMUNITIES IN FY22. 157227 1 1 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 MA X WES PEACOCK 2108445234 9 MENLO STREET BOSTON MA 02135 X CHRISTOPHER GABRIELI PRESIDENT AND DIRECTOR 20.00 X X 0 0 0 ELEANOR LAURANS DIRECTOR 1.00 X 0 0 0 PAYMON ROUHANIFARD DIRECTOR 1.00 X 0 0 0 FRED MUTSINZI DIRECTOR 1.00 X 0 0 0 JOHN GABRIELI CLERK / MANAGING DIRECTOR 40.00 X 0 0 0 JOSEPH WESLEY PEACOCK TREASURER / MANAGING DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 0 1710153 1710153 1710153 0 0 0 X 49234 42088 3797 3349 41568 39816 1414 338 915 889 26 7327 6627 405 295 1430 1430 58969 55900 3069 9990 9990 1298 1173 73 52 SUBSCRIPTIONS AND FEES 732 70 662 PROGRAM SUPPLIES 674 674 172137 157227 10876 4034 233177 10000 1350000 7208 0 1600385 62369 0 62369 X 188016 1350000 0 1538016 0 1600385 1538016 0 X X 0 1 X 1 0 X 1710153 1710153 1710153 1710153 1009891 700262 1710153 X SCHEDULE A, PAGE 2: THE 2020 FILING IS A SHORT YEAR, AS THIS IS THE ORGANIZATION'S FIRST YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1710153 0 1710153 0 1710153 172137 0 172137 0 172137 PART X, LINE 2: TRIO ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TRIO HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2021. TRIO'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 2 CHRISTOPHER GABRIELI THE PRESIDENT AND DIRECTOR, IS THE FATHER OF JOHN GABRIELI WHO IS THE CLERK AND MANAGING DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE DRAFT 990 FORM BY THE AAF TEAM, A COPY OF THE 990 DRAFT WILL BE PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD FOR THEIR REVIEW AND FEEDBACK PRIOR TO SUBMISSION. ONCE ALL BOARD MEMBERS GIVE THEIR APPROVAL, THE 990 WILL BE SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL SIGN A STATEMENT, AND SHALL ANNUALLY BE REMINDED OF SUCH STATEMENT, WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THIS POLICY ON FINANCIAL CONFLICTS OF INTEREST; B. HAS READ AND UNDERSTANDS THE POLICY; C. AGREES TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS THAT THE CORPORATION IS A TAX-EXEMPT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS TAX EXEMPTION THE CORPORATION MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15B THE CEO IS NOT PAID A SALARY BY THE ORGANIZATION. THE MANAGING DIRECTORS AND OTHER KEY EMPLOYEES SALARY ARE DETERMINED BY THE CEO, IN CONSULTATION WITH THE BOARD OF DIRECTORS, AND USING DATA FROM INDUSTRY BENCHMARKS AND OTHER COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 55,900. MANAGEMENT AND GENERAL EXPENSES 3,069. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,969. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.