2022-11-15T18:02:37-06:00 2021-12-31 BDO USA LLP 4999 Pearl E Circle Ste 300 Boulder CO 80301 990 2021-01-01 263349334 A Precious Child Inc % CARINA MARTIN APRE 3034664272 7051 W 118th Avenue Broomfield CO 80020 CARINA MARTIN CEO 3034664272 2022-11-15 true CARINA MARTIN 999009999 Mary Jane Pieroni CPA P00538772 3034400399 2022-11-15 3 2021 2022-09-23 18:48:47Z CARINA MARTIN 7051 W 118th Avenue Broomfield CO 80020 12308235 false X www.apreciouschild.org X 2008 CO A PRECIOUS CHILD EMPOWERS CHILDREN IN NEED TO ACHIEVE THEIR FULL POTENTIAL. 10 10 60 5010 0 0 11668425 12081158 0 0 6287 14508 5370 0 11680082 12095666 11976 8752106 0 0 1586759 2166785 0 0 1082350 9669106 1414581 11267841 12333472 412241 -237806 10917560 10651409 4185032 4136723 6732528 6514686 X A PRECIOUS CHILD PROVIDES CHILDREN IN NEED WITH OPPORTUNITIES AND RESOURCES TO EMPOWER THEM TO ACHIEVE THEIR FULL POTENTIAL. false false 6505658 5429501 0 PRECIOUS ESSENTIALS PROVIDES CLOTHING, COATS, SHOES, FOOD, TOILETRIES, HOME GOODS, AND OTHER ESSENTIALS TO CHILDREN AND THEIR FAMILIES STRUGGLING WITH POVERTY OR EMERGENCY SITUATIONS THROUGH OUR MAIN RESOURCE CENTER AND 50 SATELLITE RESOURCE CENTERS ACROSS THE DENVER METRO AREA. IN 2021, A VALUE OF OVER $5.5 MILLION IN ESSENTIALS WERE PROVIDED TO OVER 17,685 LOCAL RESIDENTS IN NEED. 1386785 1274879 0 BASICS 4 BABIES PROVIDES BASIC NECESSITIES SUCH AS DIAPERS, WIPES, AND BABY GEAR TO FAMILIES WITH INFANTS WHO WOULD OTHERWISE RATION THESE PRODUCTS OR GO WITHOUT. THE PROGRAM ALSO PROVIDES ACCESS TO BRIGHT BY THREE KITS AS A MEANS OF POSITIVELY IMPACTING EARLY LITERACY SKILLS, DEVELOPMENT, HEALTH, AND SAFETY OF THE CHILDREN. IN 2021, BASICS 4 BABIES PROVIDED DIAPERS, WIPES, FORMULA, AND OTHER BABY ESSENTIALS TO 4,600 INFANTS AND TODDLERS IN NEED. 1183406 1008750 0 FILL A BACKPACK PROGRAM PROVIDES BACKPACKS FILLED WITH GRADE-APPROPRIATE SCHOOL SUPPLIES TO CHILDREN IN NEED TO MAXIMIZE THEIR ACADEMIC POTENTIAL. IN 2021, FILL A BACKPACK PROVIDED BACKPACKS TO 20,177 CHILDREN IN NEED. 1913859 1038876 0 10989708 true true false false false false false false false true true false false false false true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 4 0 true 60 true false false false false false true true false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X CARINA MARTIN 3034664272 7051 W 118TH AVENUE BROOMFIELD CO 80020 CARINA MARTIN CEO & FOUNDER 40.0 0.0 X 96754 0 0 ANDY CONIGLIARO CHAIR 5.0 0.0 X X 0 0 0 MEG DINGAE DIRECTOR 1.0 0.0 X 0 0 0 VALERIE FINBERG SECRETARY 2.0 0.0 X X 0 0 0 NATE CAREY TREASURER 1.0 0.0 X X 0 0 0 LISA CORLEY DIRECTOR 1.0 0.0 X 0 0 0 TOM CREWS DIRECTOR 1.0 0.0 X 0 0 0 CATHERINE DAVIS DIRECTOR 1.0 0.0 X 0 0 0 JIMMY HOFFNER DIRECTOR 3.0 0.0 X 0 0 0 STEVE KATSIRUBAS VICE CHAIR 1.0 0.0 X X 0 0 0 ISAAC SENDROS DIRECTOR 1.0 0.0 X 0 0 0 96754 0 0 0 false false false 0 65191 207345 459055 11349567 6630114 12081158 0 14508 14508 0 0 0 0 0 0 212569 207345 212569 0 0 0 0 0 0 0 12095666 14508 0 8752106 8752106 0 0 96754 67728 9675 19351 0 1812388 1191881 91216 529291 10233 6199 1480 2554 93798 66479 2597 24722 153612 102308 7982 43322 0 0 0 0 0 0 218463 136363 7015 75085 39354 28492 2437 8425 152185 81651 46528 24006 247876 44012 8647 195217 0 365673 236653 13404 115616 22512 16931 37 5544 0 0 0 0 96609 82669 7251 6689 29164 26426 1303 1435 PROGRAM EXPENSES 125738 104393 6358 14987 STAFF & BOARD DEVELOPMENT 68155 43831 13621 10703 BAD DEBT 11695 11695 OTHER 37157 1586 30168 5403 12333472 10989708 261414 1082350 673487 1132639 2298788 2740261 100185 401346 0 0 0 0 0 0 0 0 2218279 615687 81034 162846 5892855 340347 5519629 5552508 26158 46122 0 0 0 0 0 0 0 0 10917560 10651409 104859 389678 0 0 0 0 0 0 0 0 0 0 4080173 3747045 0 0 0 0 4185032 4136723 X 4863295 4880342 1869233 1634344 6732528 6514686 10917560 10651409 -237806 19964 X X false true X true false X 12241246 17843857 18804873 11668425 12081158 72639559 0 0 12241246 17843857 18804873 11668425 12081158 72639559 0 72639559 3312 63778 3037 6287 14508 90922 0 0 72730481 545797 0.99875 0.99881 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22443 16197 7482 46122 21483 960 22443 17998 3485 21483 18659 -661 17998 14944 3715 18659 0.72000 0.28000 false false 3297881 3297881 2030000 186518 1843482 234271 89095 217274 186505 64732 121773 72098 72098 5552508 0 0 X 12358053 19964 53675 188748 262387 12095666 12095666 12575895 53675 188748 242423 12333472 12333472 PART V, LINE 4: ENDOWMENT ASSETS ARE COMPRISED OF ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2021 AND 2020. Part XI, Line 2d - Other adjustments: SPECIAL EVENT EXPENSES $212,569 OTHER EXPENSES INCLUDED IN OTHER INCOME $(23,821) ------------ TOTAL $188,748 ------------ Part XII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES $212,569 OTHER EXPENSES RECORDED TO REVENUE $(23,821) ----------- TOTAL $188,748 ----------- GALA 234721 66623 168098 48345 21104 61390 32370 4889 GOLF TOURNAMENT 75213 36326 38887 5728 20590 7132 5437 2 109980 104396 5584 5584 419914 207345 212569 54073 41694 74106 32370 10326 212569 true OPPORTUNITY FUNDS for Give Sports 149 16508 OPPORTUNITY FUNDS for Edussentials 12 5285 OPPORTUNITY FUNDS for Give ARTS 3 704 Precious Essentials 17685 5429501 book clothing FILL A BACKPACK 20177 1008750 book school items BASICS FOR BABIES 4600 1274879 book baby gear OTHER PROGRAMS 32793 1038976 book GIFTS, TOYS, CLOTHES Part I, LINE 2: SCHOLARSHIP CHECKS ARE NEVER WRITTEN DIRECTLY TO THE RECIPIENT OF THE FUNDS. SCHOLARSHIP CHECKS ARE WRITTEN PAYABLE TO THE SPORTS LEAGUE OR SCHOOL, AND A LETTER IS INCLUDED THAT CLEARLY STATES THE NAME OF THE CHILD WHO IS THE RECIPIENT OF THE SCHOLARSHIP. A Precious Child works with 546 Agency Partners located throughout the Metro Denver area. These Agency Partners provide a service to the children and families and understand their needs. They refer children and families to A Precious Child services, should they need more than the Agency Partner has the ability to provide. Once a referral is made to A Precious Child, there is no verification process required to receive the child or family's referred services. A basic intake process is completed at our facility for data collection purposes and the child and family are provided the opportunities and resources requested through our Resource Center. A Precious Child has the opportunity for all children and families to take advantage of the case management and wrap-around services located at our facility. The only two eligibility criteria for clients consist of a referral from an Agency Partner and ensuring the adult referred is a parent or caregiver of a child. X 6630232 FAIR MARKET VALUE 0 false false false SCHEDULE M, PART 1, COLUMN (B): OTHER - SCHOOL SUPPLIES AND PRECIOUS GIFT- THE ORGANIZATION DOES NOT TRACK SCHOOL SUPPLY AND PRECIOUS GIFT DONATIONS ON A PER ITEM BASIS DURING THE SEASONAL PROGRAM AS IT WOULD BE AN ENORMOUS TASK. FORM 990, PART III, 4D, OTHER PROGRAM SERVICES: GIVESPORTS PROVIDES NEW AND GENTLY-USED SPORTS EQUIPMENT ALONG WITH SUPPORT FOR SPORTS PROGRAM COSTS ASSOCIATED WITH REGISTRATION, UNIFORMS, CAMP, AND PARTICIPATION FEES TO CHILDREN IN NEED, GIVING THEM THE OPPORTUNITY TO PARTICIPATE IN SPORTS. GIVESPORTS PROVIDED OPPORTUNITY FUNDS, SPORTS EQUIPMENT AND SKILLS CAMPS TO 14,462 CHILDREN IN NEED. PRECIOUS GIFT PROVIDES GIFTS TO CHILDREN WHO WOULD OTHERWISE GO WITHOUT DURING MONUMENTAL TIMES IN THEIR LIFE, SUCH AS BIRTHDAYS AND THE HOLIDAY SEASON. IN 2021, 16,013 CHILDREN WERE PROVIDED WITH BIRTHDAY AND HOLIDAY PRESENTS AND SPECIALLY MADE BIRTHDAY TREATS, A VALUE OF OVER $797,675. INSPIRING MINDS PROVIDES ACCESS TO STEM-BASED ACTIVITIES TO CHILDREN VISITING A PRECIOUS CHILD'S RESOURCE CENTER AND THROUGH EDUCATIONAL, TAKE-HOME STEM KITS. THE INSPIRING MINDS CENTER WAS CLOSED IN 2021 DUE TO THE COVID-19 PANDEMIC; HOWEVER, 1,600 CHILDREN RECEIVED STEM KITS IN ORDER TO REMAIN ACADEMICALLY ENGAGED THROUGHOUT THE PANDEMIC. EDUSSENTIALS PROVIDES EDUCATIONAL SUPPORT, SUCH AS COMPUTERS,CALCULATORS, TUTORING, AND INCENTIVES TO REMOVE BARRIERS TO SCHOOL ATTENDANCE AND IMPROVE EDUCATIONAL OUTCOMES FOR ECONOMICALLY DISADVANTAGED STUDENTS. EDUSSENTIALS SUPPORTED 551 CHILDREN IN 2021. GIVEARTS PROVIDES SUPPORT FOR THE ARTS PROGRAM COSTS ASSOCIATED WITH LESSONS, PARTICIPATION FEES, INSTRUMENTS, AND ART SUPPLIES TO CHILDREN IN NEED, GIVING THEM THE OPPORTUNITY TO PARTICIPATE IN MUSIC, DANCE, THEATRE, AND VISUAL ARTS. GIVEARTS SUPPORTED 167 CHILDREN IN 2021. FORM 990, PART VI, SECTION B, LINE 11B: BEFORE FILING THE 990, IT IS REVIEWED BY THE CEO AND VICE PRESIDENT OF FINANCE AND THEN FORWARDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR FINAL REVIEW AND APPROVAL. A COPY IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. ONCE OFFICIALLY APPROVED, IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: INQUIRIES ARE MADE AT THE BOARD MEETINGS TO ENSURE THAT EVERY MEMBER IS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. TRANSACTIONS WITH POTENTIAL CONFLICT OF INTEREST ARE IDENTIFIED BY THE CEO AND VP OF FINANCE AS TRANSACTIONS ARE APPROVED. ANY POTENTIAL OR ACTUAL CONFLICT WOULD BE DISCUSSED BY EXECUTIVE STAFF AND THE BOARD OF DIRECTORS AND LEGAL COUNSEL WOULD BE OBTAINED IF DEEMED NECESSARY. MEMBERS OF THE BOARD OF DIRECTORS ARE COVERED UNDER THE POLICY. DETERMINATION OF WHETHER A CONFLICT EXISTS, AND ACTUAL CONFLICTS ARE REVIEWED BY EXECUTIVE STAFF AND THE BOARD OF DIRECTORS. A PERSON WITH A POTENTIAL CONFLICT COULD PARTICIPATE IN DELIBERATIONS BUT WOULD BE EXCLUDED FROM DISCUSSIONS AND/OR VOTING WHERE A FINAL DETERMINATION WOULD BE MADE. FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION DETERMINES EMPLOYEE COMPENSATION BY LOOKING AT MARKET COMPARISONS, BUDGET ALLOWANCES AND PERFORMANCE REVIEWS. A COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS DETERMINED THE CEO'S COMPENSATION USING THE PROCESS DESCRIBED. THE BOARD REVIEWS THE COMPENSATION OF ALL OTHER OFFICES AND KEY EMPLOYEES. THE ORGANIZATION DETERMINES EMPLOYEE COMPENSATION BY LOOKING AT MARKET COMPARISONS, BUDGET ALLOWANCES AND PERFORMANCE REVIEWS. THIS PROCESS IS USED TO ESTABLISH COMPENSATION FOR ALL PAID STAFF POSITIONS IN MAY OF EACH YEAR. THE CEO'S COMPENSATION WAS LAST REVIEWED IN MAY 2022. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT IN THIS PROCESS.