2021-01-25T14:45:36-06:00 2020-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2019-07-01 611285124 FAMILY SCHOLAR HOUSE INC FAMI 5025848090 403 REG SMITH CIRCLE LOUISVILLE KY 40208 CATHE DYKSTRA PRESIDENT AND CEO 5025848090 2021-01-13 1 PHILIP H CORNBLATT P00252478 4107834900 2019 2022-09-23 18:48:47Z CATHE DYKSTRA 403 REG SMITH CIRCLE LOUISVILLE KY 40208 3065800 0 X WWW.FAMILYSCHOLARHOUSE.ORG X 1995 KY TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF SUFFICIENCY. 29 29 32 2150 0 0 1506976 2055676 119430 348599 253300 46649 420816 433318 2300522 2884242 0 0 0 0 1155010 1507157 0 0 62583 806308 909362 1961318 2416519 339204 467723 15771510 16529180 2701388 2991335 13070122 13537845 X THE MISSION OF FAMILY SCHOLAR HOUSE ("FSH") IS TO END THE CYCLE OF POVERTY BY GIVING SINGLE-PARENTS AND YOUNG ADULTS FORMERLY IN FOSTER CARE THE SUPPORT THEY NEED TO OBTAIN POST-SECONDARY EDUCATION THAT LEADS TO A LIVABLE WAGE. FSH WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF-SUFFICIENCY. FSH BELIEVES THAT EVERYONE DESERVES THE OPPORTUNITY TO REALIZE THEIR FULL POTENTIAL AND THAT ACCESS TO EDUCATION IS A SIGNIFICANT BARRIER FOR DISADVANTAGED FAMILIES. BY PROVIDING ACADEMIC ADVISING, APPRENTICESHIP OPPORTUNITIES, HOUSING, CHILDCARE, FAMILY SUPPORT SERVICES, AND INTER-GENERATIONAL LEARNING OPPORTUNITIES FOR HEALTH, WELL BEING AND LIFE-SKILLS, WE HELP TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. 0 0 2253818 348599 FSH WORKS TO END THE CYCLE OF POVERTY AND TRANSFORM OUR COMMUNITY BY EMPOWERING FAMILIES AND YOUTH TO SUCCEED IN EDUCATION AND ACHIEVE LIFE-LONG SELF-SUFFICIENCY. FSH ACCOMPLISHES THIS MISSION THROUGH PROVIDING HOLISTIC SUPPORT FOR PARTICIPANTS. THIS BEGINS WITH ACADEMIC ADVISING TO ENSURE STUDENTS, WHO MAY HAVE BEEN AWAY FROM THE EDUCATIONAL ENVIRONMENT FOR SOME TIME, DEVELOP THE SKILL AND LEVERAGE THE TOOLS TO MAKE THEM SUCCESSFUL IN THEIR ACADEMIC ENDEAVORS. CARE MANAGEMENT IS ALSO AN INTEGRAL COMPONENT OF THE FSH SUPPORT SERVICES. PARTICIPANTS MEET WITH CARE MANAGERS TWICE MONTHLY TO IDENTIFY ANY CHALLENGES FOR THE FAMILY AND PROVIDE RESOURCES TO OVERCOME THOSE CHALLENGES. MANY OF THE PARTICIPANTS COME TO FSH LACKING SOME OF THE BASIC LIFE SKILLS NECESSARY FOR THEM TO BE SELF-SUFFICIENT INCLUDING FINANCIAL LITERACY, HEALTHFUL EATING, STRESS MANAGEMENT AND PHYSICAL FITNESS. WHILE THE PARENT SCHOLAR IS AT THE CENTER OF MANY PROGRAMS OF FSH, THE CHILDREN SCHOLARS ALSO RECEIVE THE SUPPORT AND RESOURCES THEY NEED TO BECOME SUCCESSFUL STUDENTS AND ASPIRE TO PROCEED TO HIGHER EDUCATION IN THEIR ADULT LIFE. THIS INCLUDES PROGRAMS LIKE TODDLER BOOK CLUB, CHILDREN FOR CHANGE AND SUMMER LEADERSHIP CAMPS. FSH CREATES A COLLEGE-GOING CULTURE FOR EVERY PARTICIPANT IN THE PROGRAM. FSH CAMPUSES BECOME COMMUNITIES OF PEER SUPPORT, PROVIDING A NETWORK OF PEOPLE WITH SIMILAR BACKGROUNDS AND EXPERIENCES WHO STRENGTHEN AND ENCOURAGE ONE ANOTHER THROUGH THE CHALLENGES OF HIGHER EDUCATION. THUS FAMILY SCHOLAR HOUSE, INC. IS AN EDUCATIONAL PROGRAM WITH A HOUSING COMPONENT THAT UTILIZES INTERNAL RESOURCES AND COMMUNITY COLLABORATIONS TO MEET THE NEEDS OF THE FAMILIES SERVED. 2253818 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 7 0 1 32 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 KY X X THE ORGANIZATION 5025848090 403 REG SMITH CIRCLE LOUISVILLE KY 40208 CHRISTINA SEARCY BOARD MEMBER 1.00 X 0 0 0 ROBERT MCCLELLAND TREASURER 2.00 X X 0 0 0 JULIE MUENNICH BOARD MEMBER 1.00 X 0 0 0 IAN PATRICK BOARD MEMBER 1.00 X 0 0 0 KRISTIN PICKERELL BOARD MEMBER 1.00 X 0 0 0 TRACY REDMON CHAIR 5.00 X X 0 0 0 REV ROBERT T JENNINGS BOARD MEMBER 1.00 X 0 0 0 KELLY LUCAS BOARD MEMBER 1.00 X 0 0 0 EILEEN SAUNDERS BOARD MEMBER 1.00 X 0 0 0 JENNY L SAWYER BOARD MEMBER 1.00 X 0 0 0 CHRISTIAN BOWLES BOARD MEMBER 1.00 X 0 0 0 CHENAULT CONWAY BOARD MEMBER 1.00 X 0 0 0 RANDY FRANTZ BOARD MEMBER 1.00 X 0 0 0 LAKEISHA JAMES BOARD MEMBER 1.00 X 0 0 0 JOI WILLIAMS BOARD MEMBER 1.00 X 0 0 0 ADAM HALL VICE CHAIR 2.00 X X 0 0 0 ELIZABETH HARDESTY BOARD MEMBER 1.00 X 0 0 0 MICHELE KOCH BOARD MEMBER 1.00 X 0 0 0 RACHEL MCGALLIARD BOARD MEMBER 1.00 X 0 0 0 DANNY MOSBY BOARD MEMBER 1.00 X 0 0 0 ERIC SETO BOARD MEMBER 1.00 X 0 0 0 CHRISTIE LEIGH WELLS BOARD MEMBER 1.00 X 0 0 0 KENDALL WEBB MERRICK SECRETARY 2.00 X X 0 0 0 BRANDI SANDERS BOARD MEMBER 1.00 X 0 0 0 NATALIE HENDERSON BOARD MEMBER 1.00 X 0 0 0 LAURA PETRY BOARD MEMBER 1.00 X 0 0 0 ERICA JOHNSON BOARD MEMBER 1.00 X 0 0 0 V FAYE JONES BOARD MEMBER 1.00 X 0 0 0 ALEC WHITE BOARD MEMBER 1.00 X 0 0 0 CATHE DYKSTRA PRESIDENT & CEO 60.00 X 221224 0 14131 221224 0 14131 1 0 1 0 0 30810 2024866 2055676 INTEREST ON AFF. NOTES 900099 176357 176357 PROJECT SERVICES 900099 169587 169587 OTHER INCOME 900099 2655 2655 348599 46649 46649 614876 181558 433318 433318 2884242 348599 0 479967 221224 189566 31658 1096260 1059743 10553 25964 23935 22671 1264 82244 80490 1754 83494 77656 3409 2429 18646 18646 73875 49875 24000 57530 56212 1318 3757 3757 13702 13702 41232 41232 156113 148659 7454 21528 11221 10307 CONTRACT SERVICES 217664 217664 PROGRAM PUBLICATIONS 114151 114151 EMPLOYEE TRAINING 63955 63955 MISCELLANEOUS 54008 47715 6293 73201 59306 3705 10190 2416519 2253818 100118 62583 2038605 2612963 178832 180126 93336 44343 9449423 1340099 45097 65631 4700210 1287900 3398262 3412310 499496 8819865 68459 53843 15771510 16529180 115480 939041 15753 20000 2570155 2032294 2701388 2991335 X 12559888 12833038 510234 704807 13070122 13537845 15771510 16529180 467723 0 X X 0 1 X 1 1 1 X 1346960 1623831 1241089 1513003 2086548 7811431 1346960 1623831 1241089 1513003 2086548 7811431 1108215 6703216 205910 205497 215316 253300 46649 926672 241230 231997 379675 414789 422583 1690274 10428377 1297618 0.64280 0.63800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 321309 321309 3596080 793984 2802096 8347 713 7634 625789 393919 231870 148685 99284 49401 3412310 INVESTMENTS IN SJSH -1 C INVESTMENT IN PARKLAND SH 97 C INVESTMENT IN LOU SCHOLAR HOUSE 1843306 C INVESTMENT IN DSH 499705 C INVESTMENT IN PIKEVILLE SH 12 C NOTES RECEIVABLE TO LSH 4443070 C NOTES RECEIVABLE TO DSH 1883361 C NOTES RECEIVABLE TO PARKLAND SCHOLAR HOUSE 150315 C 8819865 X PART X, LINE 2: FAMILY SCHOLAR HOUSE, INC. ("FSH") AND ITS CONSOLIDATED NONPROFIT CORPORATIONS ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE STATUTES. FSH DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. ALL NONPROFIT CORPORATIONS ARE REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THERE ARE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE ORGANIZATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY THE ORGANIZATION AND ITS CONSOLIDATED ENTITIES ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2016 REMAIN OPEN. GALA 213169 213169 6347 50832 4700 10483 WW&S 390972 390972 10000 37324 21494 23914 3730 12734 1 10735 10735 614876 614876 16347 37324 72326 23914 8430 23217 181558 433318 1 CHILDCARE/RENTAL EDUCATIONAL MATERIALS & ASSISTANCE EMERGENCY FOOD BUS PASSES/VAN FUEL BASIC NEEDS 613 1814 29455 COST CHILDCARE/HOUSING EDUCATION 689 7925 28976 COST EDUCATIONAL ASSISTANCE/MATERIALS FOOD 1158 1877 13450 COST EMERGENCY FOOD TRANSPORTATION 171 0 9275 COST BUS PASSES/VAN FUEL PART I, LINE 2: ALL GRANT FUNDS RECEIVED BY FAMILY SCHOLAR HOUSE, INC. ARE MANAGED ACCORDING TO THE TERMS AND RESTRICTIONS OUTLINED BY THE GRANTORS, INCLUDING PROGRAM COMPLIANCE AND OUTCOMES, SPENDING, AND REPORTING. THE VICE PRESIDENT OF PROGRAMS AND SERVICES IS RESPONSIBLE FOR MONITORING AND IMPLEMENTING ALL PROGRAM COMPLIANCE AND OUTCOMES MEASUREMENT TO ENSURE THEY MEET THE RESTRICTIONS AND TERMS OF THE GRANT AWARD. THE DONOR RELATIONS SPECIALIST IS RESPONSIBLE FOR ALLOCATING LINE-ITEM EXPENSES TO ALL RESTRICTED GRANTS AND MAINTAINING ALL RESTRICTED GRANT FILES INCLUDING AGREEMENTS, REPORTS, INVOICES, AND SPENDING DOCUMENTATION. THE EXTERNAL BOOKKEEPING SERVICE POSTS ALL RESTRICTED GRANT SPENDING INTO THE ACCOUNTING SYSTEM, MAINTAINING REMAINING BALANCES FOR ALL OPEN RESTRICTED GRANTS RECEIVED. THE DIRECTOR OF MISSION ADVANCEMENT IS RESPONSIBLE FOR ALL REQUIRED GRANT REPORTING, SPENDING OVERSIGHT, SUPERVISION OF THE ACTIVITIES OF THE DONOR RELATIONS SPECIALIST, AND LIAISING WITH THE EXTERNAL BOOKKEEPING SERVICE. X X X 0 0 0 0 0 0 0 0 0 CATHE DYKSTRA PRESIDENT & CEO 221224 0 0 0 0 0 6042 0 8089 0 235355 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE, INCLUDING THE BOARD TREASURER. RECOMMENDATIONS ARE THEN MADE TO THE EXECUTIVE COMMITTEE FOR ACTION. THE 990 IS THEN SIGNED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER COMPLETES A CONFLICT OF INTEREST FORM ANNUALLY. THE FORMS ARE THEN REVIEWED BY THE BOARD GOVERNANCE COMMITTEE AND ANY CHANGES THAT ARE RECOMMENDED ARE REFERRED TO THE EXECUTIVE COMMITTEE AND/OR FULL BOARD FOR ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE CEO INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, USE OF DATA AS TO COMPARABLE COMPENSATION, AND CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT BY EVALUATING THE INDEPENDENT AUDITORS QUALIFICATIONS, INDEPENDENCE, AND PERFORMANCE BASED ON THE MEMBERS EXPERIENCE IN BUDGETING AND FINANCIAL MANAGEMENT, INTEREST IN THE MISSION OF FAMILY SCHOLAR HOUSE, AND THEIR DESIRE TO USE FINANCIAL SKILLS TO ASSIST IN THE WORK OF FAMILY SCHOLAR HOUSE. PROJECT WOMEN DEVELOPMENT LLC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 262858725 CONSULTING KY -116 1842994 FSH INC SJSH GP LLC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 460766533 LIHTC KY -33 -293 FSH INC LOUISVILLE SCHOLAR HOUSE LLC 1122 ROGERS STREET LOUISVILLE KY 40299 208929773 CONSTRUCTION KY PWD LLC RELATED -116 1843440 0 1 0.00010 DOWNTOWN SCHOLAR HOUSE LLLP 1122 ROGERS STREET LOUISVILLE KY 40299 270661625 CONSTRUCTION KY N/A N/A 0 1 STODDARD JOHNSTON SCHOLAR HOUSE LLLP 1122 ROGERS STREET LOUISVILLE KY 40299 273079175 CONSTRUCTION KY SJSP GP LLC RELATED -33 22297 0 1 0.00010 PARKLAND SCHOLAR HOUSE LLLP 1122 ROGERS STREET LOUISVILLE KY 40299 371696499 CONSTRUCTION KY N/A N/A 0 1 DSH GP INC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 272147115 LIHTC KY FSH INC C -203 501254 1.00000 1 PARKLAND GP LLC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 455565154 LIHTC KY FSH INC C -36 157264 1.00000 1 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 LOUISVILLE SCHOLAR HOUSE LLC B 1843624 COST LOUISVILLE SCHOLAR HOUSE LLC L 66000 COST LOUISVILLE SCHOLAR HOUSE LLC D 4443070 COST DOWNTOWN SCHOLAR HOUSE LLC D 1883361 COST PARKLAND SCHOLAR HOUSE D 150315 COST