2025-07-02T09:30:53-05:00 2023-12-31 850713450 ETIENDEM CPA 11357 NUCKOLS RD 2113 GLEN ALLEN VA 23059 990 2023-01-01 814945906 BOXWOOD LEARNING CENTER INC BOXW 9082416862 115 WEST SECOND AVENUE ROSELLE NJ 07203 MARIE THELSUMA-CHASE CEO/FOUNDER 9082416862 2025-04-25 1 1 BENEDICK E MBECHA CPA P02371289 8048074602 2023 2025-03-06 01:10:19Z MARIE THELUSMA-CHASE 115 WEST SECOND AVENUE ROSELLE NJ 07203 136522 0 X X 2018 NJ BOXWOOD LEARNING CENTER IS A 501(C)(3) NON PROFIT ORGANIZATION. THE MISSION IS TO PROVIDE INNOVATIVE EDUCATIONAL, ENTREPRENEURSHIP, AND MENTORING SERVICES TO YOUNG ADULTS AGES 16-21. THE ORGANIZATION ASPIRES TO CREATE LEARNING ENVIRONMENT FOR SUPPORTING THE WHO. 3 3 4 0 112995 136522 0 0 0 112995 136522 0 0 63931 0 1083 110942 86349 110942 150280 2053 -13758 2053 15149 21616 2053 -6467 BOXWOOD NBSP;LEARNING NBSP;CENTER NBSP;IS NBSP;A NBSP;501(C)(3) NBSP;NON NBSP;PROFIT NBSP;ORGANIZATION NBSP;THE NBSP;MISSION NBSP;IS NBSP;TO NBSP;PROVIDE NBSP;INNOVATIVE NBSP;EDUCATIONAL NBSP;ENTREPRENEURSHIP NBSP;AND NBSP;MENTORING NBSP;SERVICES NBSP;TO NBSP;YOUNG NBSP;ADULTS NBSP;AGES NBSP;16-21 NBSP;THE NBSP;ORGANIZATION NBSP;ASPIRES NBSP;TO NBSP;CREATE NBSP;LEARNING NBSP;ENVIRONMENT NBSP;FOR NBSP;SUPPORTING NBSP;THE NBSP;WHO 0 112710 CARRIED OUT COMMUNITY OUTREACH PROJECTS 112710 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 4 0 0 0 AF 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 X MARIE THELUSMA- CHASE 9082416862 115 WEST SECOND AVE BRIGANTINE NJ 08203 X DERRICK SEYMORE TREASURER 002.00 X 0 0 0 KORON BARLEY PRESIDENT 002.00 X 0 0 0 ELONIA BARR VICE PRESIDENT 002.00 X 0 0 0 MARIE THELUSMA-CHASE CEO 040.00 X X 2544 0 0 CHRISSY CASTILLO-CHUMPITAZ SECRETARY 002.00 X 0 0 0 2544 0 0 0 72378 64144 136522 136522 0 0 0 57535 57535 6396 6396 1670 470 1200 250 250 6513 6513 1083 1083 7370 5551 1819 16980 16980 957 957 1284 1284 2635 2635 SUPPLIES & MATERIALS 12555 12555 MEALS & ENTERTAINMENT 1288 1288 EDUCATION 8047 7872 175 CONTRACTORS 12317 12317 13400 1759 11641 150280 112710 36487 1083 8405 2053 6744 2053 15149 9669 11947 0 21616 X 2053 -10571 0 4104 0 0 0 0 0 0 2053 -6467 2053 15149 -13758 5238 X X 0 1 X 1 0 X 107266 136522 243788 107266 136522 243788 243788 107266 136522 243788 1.00000 1.00000 0.00000 0.00000 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Loan from related parties 5703 PPP Loan payable 6000 PPP LOan interest 244 11947 136522 136522 136522 150280 150280 150280 PART VI, SECTION B, LINE 11B AUDITOR PRESENTS 990 DRAFT FORM TO FINANCE COMMITTEE. COMMITTEE AND MANAGEMENT REVIEW AND WORK WITH THE AUDITOR ON ANY NECESSARY CHANGES. FINANCE COMMITTEE SENDS THE 990 TO BOARD FOR REVIEW BEFORE IT IS FILED BY THE AUDITOR. PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR OFFICERS PAY RATES HAVE HISTORICALLY BEEN DETERMINED BY RATE NEEDED TO GET THE NECESSARY SKILLS FOR WHAT NEEDS TO BE DONE. FROM TIME TO TIME WE HAVE LOOKED AT OUTSOURCING AND CONSULTANT RATES FOR DOING THE SAME TYPE OF WORK AS STAFF AND OUR PAY RATES HAVE ALWAYS BEEN SIGNIFICANTLY LOWER. PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST TO THE PUBLIC. AN INDIVIDUAL CAN MAKE A REQUEST TO VIEW GOVERNING DOCUMENTS AT AN APPOINTED TIME DURING BUSINESS HOURS AT THE ORGANIZATIONS ADDRESS. OTHER NOTES TO GRANTS AND CONTRACTS(SEE SCHEDULE B) FOR THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION RECEIVED SUPPORT FROM THE FOLLOWING COST- REIMBURSEMENT AND CONDITIONAL GRANTS, WHICH ARE RECOGNIZED AS REVENUE ON THE BASIS OF ELIGIBLE EXPENSES INCURRED (1) UNION COUNTY YOUTH SERVICES COMMISSION CONTRACT AWARD CEILING USD 50000 CASH RECEIVED IN 2023 USD 54179 (2) AMERICORPS STATE FORMULA GRANT AWARD CEILING USD 57795 CASH RECEIVED IN 2023 USD 14449 A/R USD 4104 (3) NJ OFBI AWARD CEILING USD 10000 CASH RECEIVED IN 2023 USD 3750 CONDITIONAL GRANTS (AMERICORPS, OFBI) ARE RECOGNIZED ONLY WHEN (A) THE ORGANIZATION HAS INCURRED ELIGIBLE EXPENSES UNDER THE GRANT, AND (B) ALL SUBSTANTIVE CONDITIONS HAVE BEEN SATISFIED. IN 2023, AMERICORPS APPROVED USD 57795 ACCORDINGLY, THE ORGANIZATION RECOGNIZED USD 18553 OF AMERICORPS REVENUE IN 2023, WITH THE REMAINING USD 4104 RECORDED AS GRANT RECEIVABLE. COSTREIMBURSEMENT CONTRACTS (UNION COUNTY) ARE RECOGNIZED AS REVENUE TO MATCH THE AMOUNT OF ALLOWABLE COSTS THE ORGANIZATION HAS INCURRED. UNION COUNTY PAID USD 54179 IN 2023, ALL OF WHICH WAS EARNED BY INCURRING PROGRAM EXPENSES NO RECEIVABLE OR DEFERRED REVENUE REMAINS. PART XII, LINE 2C NO MAJOR CHANGES WERE DONE