2022-11-11T17:56:11-06:00 2021-12-31 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2021-01-01 943389547 COACHART COAC 2137362850 445 S FIGUEROA 3100 LOS ANGELES CA 90071 GREG HARRELL-EDGE EXECUTIVE DIRECTOR 2137362850 2022-11-10 1 GREG HARRELL-EDGE XXX-XX-XXXX DONITA JOSEPH P00286656 5624351191 2022-11-04 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z GREG HARRELL-EDGE 445 S FIGUEROA 3100 LOS ANGELES CA 90071 2686018 0 X WWW.COACHART.ORG X 2001 CA SINCE 2011, COACHART HAS MATCHED VOLUNTEER COACHES WITH STUDENTS FOR ONE-ON-ONE OR GROUP LESSONS IN ARTS AND ATHLETICS. COACHART'S MISSION IS TO CREATE A TRANSFORMATIVE ARTS AND ATHELTICS COMMUNITY FOR FAMILIES IMPACTED BY CHRONIC ILLNESS. 37 36 17 800 0 0 1667298 2685431 0 0 334 587 239144 0 1906776 2686018 0 0 0 0 1034933 1172480 0 0 362613 743042 666067 1777975 1838547 128801 847471 1050817 1911387 316717 329816 734100 1581571 TO IMPROVE THE QUALITY OF LIFE FOR UNDERPRIVILEGED CHILDREN AND ADOLESCENTS WITH CHRONIC AND LIFE THREATENING ILLNESSES BY PROVIDING FREE, PERSONAL LESSONS IN THE ARTS AND ATHLETICS. 0 0 1039776 COACHART PROGRAMS: COACHART'S ONE-ON-ONE LESSONS ARE THE CORE OF COACHART'S SERVICE MODEL. TALENTED VOLUNTEER COACHES PROVIDE HIGH QUALITY IN-HOME INSTRUCTION TO CHRONICALLY ILL CHILDREN AND THEIR SIBLINGS OVER THE COURSE OF 4-8 WEEKS. AT THE END OF THE 4-8 WEEK SESSION, COACHART STUDENTS CAN RENEW THEIR ACTIVITY OR SIGN UP FOR SOMETHING NEW. COACHART CLUBS CREATE UNIQUE MULTI-WEEK EXPERIENCES WHERE CHILDREN FORM A BOND WITH FELLOW PARTICIPANTS WHILE GAINING VALUABLE SKILLS IN THE ACTIVITY OF THEIR CHOICE. ONE-DAY GROUP LESSONS PROVIDE SHORT-TERM INSTRUCTIVE SETTINGS FOR A GROUP OF CHILDREN TO LEARN A NEW SKILL IN A SUPPORTIVE SOCIAL ENVIRONMENT. ALL LESSONS AND MATERIALS ARE PROVIDED AT NO COST TO VOLUNTEERS OR FAMILIES. 1039776 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 37 36 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 CA X GREG HARRELL-EDGE EXECUTIVE DIRECTOR 2137362850 445 S FIGUEROA SUITE 3100 LOS ANGELES CA 90071 RICH SULLIVAN PRESIDENT 1.00 X X 0 0 0 JASON HAHN TREASURER 1.00 X X 0 0 0 CARLYN HENRY SECRETARY 1.00 X X 0 0 0 LEAH BERNTHAL CO-FOUNDER 1.00 X 0 0 0 ZANDER LURIE CO-FOUNDER 1.00 X 0 0 0 AMIT AHUJA BOARD MEMBER 1.00 X 0 0 0 JAMIE BARRETT BOARD MEMBER 1.00 X 0 0 0 ELIZA BECKER BOARD MEMBER 1.00 X 0 0 0 SEAN BRECKER BOARD MEMBER 1.00 X 0 0 0 CHRIS BRITT BOARD MEMBER 1.00 X 0 0 0 PETE DISTAD BOARD MEMBER 1.00 X 0 0 0 KEN EBBITT BOARD MEMBER 1.00 X 0 0 0 MICHAEL FITZPATRICK BOARD MEMBER 1.00 X 0 0 0 RUSS FRADIN BOARD MEMBER 1.00 X 0 0 0 CHRISTINA GALLO BOARD MEMBER 1.00 X 0 0 0 JEN GOLD BOARD MEMBER 1.00 X 0 0 0 ALLI GOLDSTEIN BOARD MEMBER 1.00 X 0 0 0 ELENA HALPERT-SCHILT BOARD MEMBER 1.00 X 0 0 0 SCOTT HAUG BOARD MEMBER 1.00 X 0 0 0 ERIC JOHNSON BOARD MEMBER 1.00 X 0 0 0 JENNIFER KUPERMAN JOHNSON BOARD MEMBER 1.00 X 0 0 0 STEFANIE KANE BOARD MEMBER 1.00 X 0 0 0 CHRIS KWEI BOARD MEMBER 1.00 X 0 0 0 JASON LURIE BOARD MEMBER 1.00 X 0 0 0 KAY MADATI BOARD MEMBER 1.00 X 0 0 0 KELLY MERRYMAN BOARD MEMBER 1.00 X 0 0 0 ERIK MORENO BOARD MEMBER 1.00 X 0 0 0 SEAN MORIARTY BOARD MEMBER 1.00 X 0 0 0 JIMMY PITARO BOARD MEMBER 1.00 X 0 0 0 BOB ROBACK BOARD MEMBER 1.00 X 0 0 0 JAMIE SAUNDERS BOARD MEMBER 1.00 X 0 0 0 REGAN SCOVIC BOARD MEMBER 1.00 X 0 0 0 KARA ALLEN SOLDATI BOARD MEMBER 1.00 X 0 0 0 ERIKA SPITZER BOARD MEMBER 1.00 X 0 0 0 MANOJ VERMA BOARD MEMBER 1.00 X 0 0 0 BRENT WEINSTEIN BOARD MEMBER 1.00 X 0 0 0 JOHN WHITE BOARD MEMBER 1.00 X 0 0 0 JAMES WILLIAMS BOARD MEMBER (UNTIL 12/2021) 1.00 X 0 0 0 NOAH WINTROUB BOARD MEMBER 1.00 X 0 0 0 GREG HARRELL-EDGE EXECUTIVE DIRECTOR 40.00 X 181600 0 13043 181600 0 13043 1 0 1 0 0 531336 2154095 67650 2685431 587 587 2686018 0 0 587 X 194643 77857 97322 19464 830805 508682 71722 250401 19700 12633 651 6416 51529 30624 6294 14611 75803 43599 12143 20061 72847 72847 296267 216556 35709 44002 8531 1070 7398 63 104919 36730 66697 1492 15221 9348 3186 2687 20293 5781 14062 450 3090 44 3046 1210 1210 13081 13081 SUPPLIES & MATERIAL 88975 88763 212 STAFF DEVELOPMENT 30239 2931 26159 1149 WORKERS COMPENSATION 6859 3948 1094 1817 MEALS & ENTERTAINMENT 4535 4535 1838547 1039776 436158 362613 697240 1123621 77854 127452 241385 364666 268281 14348 13983 33753 32164 2799 1589 17191 11795 1050817 1911387 146572 153779 170145 176037 316717 329816 X 549507 1216905 184593 364666 734100 1581571 1050817 1911387 847471 0 X X 0 1 X 1 0 X 1995490 2024025 1723726 1667298 2685431 10095970 1995490 2024025 1723726 1667298 2685431 10095970 10095970 405 2572 92 587 3656 102650 127125 122375 239144 591294 10690920 0.94430 0.91070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33753 32164 1589 1589 PPP LOAN 176037 176037 X 3065461 379443 379443 2686018 0 2686018 2217990 379443 379443 1838547 0 1838547 PART X, LINE 2: THE ORGANIZATION HAS BEEN DESIGNATED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), IS ALSO EXEMPT FROM STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, AND IS NOT GENERALLY SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS, IN THE OPINION OF MANAGEMENT, THE NET INCOME FROM ANY UNRELATED TRADE OR BUSINESS IS NOT MATERIAL TO THE BASIC FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE ORGANIZATION ADOPTED FASB ASC TOPIC NO. 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740). IN ACCORDANCE WITH ASC 740, THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION WOULD RECOGNIZE THE POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA IS FOUR YEARS. FORM 990, PART X, LINE 25: IN MARCH 2020, CONGRESS PASSED THE PAYCHECK PROTECTION PROGRAM (PPP) UNDER DIVISION A,TITLE I OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT, AUTHORIZING LOANS TO SMALL ORGANIZATIONS FOR USE IN PAYING EMPLOYEES THAT THEY CONTINUE TO EMPLOY THROUGHOUT THE COVID-19 PANDEMIC AND FOR RENT, UTILITIES, AND INTEREST ON MORTGAGES. LOANS OBTAINED THROUGH THE PROGRAM ARE ELIGIBLE TO BE FORGIVEN AS LONG AS THE PROCEEDS ARE USED FOR QUALIFYING PURPOSES AND CERTAIN OTHER CONDITIONS ARE MET. ON APRIL 24, 2020, THE ORGANIZATION RECEIVED A LOAN IN THE AMOUNT OF $170,145 THROUGH THE PPP. ON JUNE 11, 2021, THE ORGANIZATION RECEIVED NOTICE FROM THE SBA THAT THE FULL AMOUNT OF THE LOAN WAS FORGIVEN, AND THIS FORGIVENESS IS PRESENTED SEPARATELY ON THE STATEMENT OF ACTIVITIES. IN JANUARY 2021, THE SBA ANNOUNCED A SECOND DRAW OF PPP LOANS FOR ELIGIBLE ENTITIES. IN MARCH 2021, THE ORGANIZATION WAS APPROVED TO RECEIVE AN ADDITIONAL LOAN OF $176,037 OF PPP FUNDS. PER THE TERMS OF THE LOAN, THE FULL AMOUNT WILL BE FORGIVEN AS LONG AS LOAN PROCEEDS ARE USED TO COVER PAYROLL COSTS AND OTHER SPECIFIED NONPAYROLL COSTS (PROVIDED ANY NONPAYROLL COSTS DO NOT EXCEED 40% OF THE FORGIVEN AMOUNT) OVER A 24-WEEK PERIOD AFTER THE LOAN IS MADE; AND EMPLOYEE AND COMPENSATION LEVELS ARE MAINTAINED. THE ORGANIZATION COMPLIED WITH THE ABOVE TERMS IN ORDER TO QUALIFY FOR FULL LOAN FORGIVENESS. ON MAY 6, 2022, THE ORGANIZATION RECEIVED NOTICE THAT THE SECOND DRAW LOAN HAS BEEN FORGIVEN IN FULL. X X 0 0 0 0 0 0 0 0 0 GREG HARRELL-EDGE EXECUTIVE DIRECTOR 156600 0 25000 0 0 0 7322 0 5721 0 194643 0 0 0 X 5 67550 FMV X EXPERIENCES 1 100 FMV 0 1 1 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) REPRESENETS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: THE ORGANIZATION USES A THIRD-PARTY BROKER TO SELL DONATED STOCKS IMMEDIATELY . FORM 990, PART VI, SECTION A, LINE 2 JASON AND ZANDER LURIE ARE SIBLINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM WITH INPUT OF INFORMATION FROM MANAGEMENT. A DRAFT OF THE RETURN IS SUBMITTED TO THE ORGANIZATION AND REVIEWED BY THE BOARD TREASURER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS AND BOARD COMMITMENT LETTERS ARE SIGNED ANNUALLY AT THE BEGINNING OF THE YEAR AND DOCUMENTS ARE REVIEWED. BOARD MEMBERS RECOMMIT TO THEIR UNDERSTANDING AND COMPLIANCE BY SIGNING DOCUMENTS INDIVIDUALLY ASSURING THEY REFRAIN FROM ANY PARTICIPATION IN VOTING ON SUCH TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD PERFORMS AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR'S SALARY. INCREASES ARE BASED ON COMPENSATION SURVEYS OF SIMILAR POSITIONS IN SOUTHERN CALIFORNIA AND ARE REVIEWED AND APPROVED BY A COMMITTEE OF THE BOARD. THE PROCESS FOR THE EXECUTIVE DIRECTOR WAS LAST UNDERTAKEN IN 2018. THE ORGANIZATION'S OTHER OFFICERS OR KEY EMPLOYEES RECEIVE ANNUAL PERFORMANCE REVIEWS WITH THE EXECUTIVE DIRECTOR AND COMPENSATION IS ESTABLISHED UTILIZING COMPARABILITY DATA. THE PROCESS FOR THESE INDIVIDUALS WAS LAST UNDERTAKEN IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 216,556. MANAGEMENT AND GENERAL EXPENSES 35,709. FUNDRAISING EXPENSES 44,002. TOTAL EXPENSES 296,267.