2021-11-08T10:25:15-06:00 2021-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2020-07-01 611285124 FAMILY SCHOLAR HOUSE INC FAMI 5025848090 403 REG SMITH CIRCLE LOUISVILLE KY 40208 CATHE DYKSTRA PRESIDENT AND CEO 5025848090 2021-11-04 1 CATHE DYKSTRA XXX-XX-XXXX PHILIP H CORNBLATT P00252478 4107834900 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CATHE DYKSTRA 403 REG SMITH CIRCLE LOUISVILLE KY 40208 5041207 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. 30 30 42 1285 0 0 2055676 4149311 348599 614970 46649 60926 433318 128878 2884242 4954085 0 146802 0 0 1507157 1780565 0 0 74695 909362 1854870 2416519 3782237 467723 1171848 16529180 18487120 2991335 2436465 13537845 16050655 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 3577001 146802 624970 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 GIVES 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 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, FSH HELPS TO ADDRESS ALL THE BARRIERS TO SUCCESS IN EDUCATION AND LIFE. MANY OF THE PARTICIPANTS COME TO FSH LACKING SOME OF THE BASIC LIFE SKILLS NECESSARY FOR THEM TO BE SELF-SUFFICIENT, INCLUDING FINANCIAL LITERACY, HEALTHY LIFESTYLES, STRESS MANAGEMENT, AND PHYSICAL FITNESS. WHILE THE PARENT-SCHOLAR IS AT THE CENTER OF MANY PROGRAMS, FSH ALSO SUPPORTS THE CHILDREN IN OUR PROGRAM, WHO RECEIE 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 CAREER ACADEMY. 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 AND PARENTING. 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. 3577001 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 1 0 0 0 1 1 1 0 0 0 1 8 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 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 ADAM HALL CHAIR 5.00 X X 0 0 0 ALEC WHITE BOARD MEMBER 1.00 X 0 0 0 BRANDI SANDERS BOARD MEMBER 1.00 X 0 0 0 BRANDON FORTSON BOARD MEMBER 1.00 X 0 0 0 CHRISTIAN BOWLES BOARD MEMBER 1.00 X 0 0 0 CHRISTIE LEIGH WELLS BOARD MEMBER 1.00 X 0 0 0 CHRISTINA SEARCY BOARD MEMBER 1.00 X 0 0 0 DANNY MOSBY BOARD MEMBER 1.00 X 0 0 0 ELIZABETH CASSADY BOARD MEMBER 1.00 X 0 0 0 ELIZABETH HARDESTY BOARD MEMBER 1.00 X 0 0 0 ERIC SETO BOARD MEMBER 1.00 X 0 0 0 GEORGE MCMINN BOARD MEMBER 1.00 X 0 0 0 JACKIE BEARD BOARD MEMBER 1.00 X 0 0 0 JOI WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JULIE MUENNICH BOARD MEMBER 1.00 X 0 0 0 KATHY HINKEBEIN BOARD MEMBER 1.00 X 0 0 0 KEISHA DEONARINE BOARD MEMBER 1.00 X 0 0 0 KELLY LUCAS BOARD MEMBER 1.00 X 0 0 0 KENDALL WEBB MERRICK SECRETARY 1.00 X X 0 0 0 KRISTIN PICKERELL BOARD MEMBER 1.00 X 0 0 0 KYLE BURNS BOARD MEMBER 1.00 X 0 0 0 LAKEISHA JAMES BOARD MEMBER 1.00 X 0 0 0 LAURA PETRY BOARD MEMBER 1.00 X 0 0 0 MELINDA SUNDERLAND BOARD MEMBER 1.00 X 0 0 0 MICHELE KOCH BOARD MEMBER 1.00 X 0 0 0 NATALIE HENDERSON BOARD MEMBER 1.00 X 0 0 0 RACHEL MCGALLIARD BOARD MEMBER 1.00 X 0 0 0 RANDY FRANTZ TREASURER 2.00 X X 0 0 0 REV ROBERT T JENNINGS BOARD MEMBER 1.00 X 0 0 0 V FAYE JONES VICE-CHAIR 3.00 X X 0 0 0 CATHE DYKSTRA PRESIDENT & CEO 40.00 X 305218 0 18950 305218 0 18950 1 0 1 0 0 155382 1215900 2778029 30000 4149311 RENTAL INCOME 531110 426330 426330 OTHER INCOME 900099 83175 83175 PROJECT SERVICES 900099 53145 53145 INTEREST ON AFF. NOTES 900099 52320 52320 614970 60926 60926 196000 155382 77122 118878 118878 20000 10000 10000 10000 4954085 614970 0 189804 146802 146802 305218 269394 35824 1195624 1153934 11941 29749 24499 23117 1382 134339 130665 1964 1710 120885 112578 4970 3337 39845 39845 43097 19097 24000 43311 41791 1520 3750 3750 5197 5163 34 62760 62760 601778 586869 14909 17996 10828 7168 CONTRACT SERVICES 384330 384330 REPAIRS AND MAINTENANCE 347179 345172 2007 PROGRAM PUBLICATIONS 196212 196212 MISCELLANEOUS 42164 40949 1215 67251 47340 4012 15899 3782237 3577001 130541 74695 2612963 3493284 180126 324094 44343 36973 1340099 1375075 65631 99652 16868823 6367642 3412310 10501181 8819865 2553312 53843 103549 16529180 18487120 939041 334436 20000 36943 2032294 2065086 2991335 2436465 X 12833038 15619626 704807 431029 13537845 16050655 16529180 18487120 X 1171848 1340962 X X 0 1 X 1 1 1 X 1623831 1241089 1513003 2086548 4149310 10613781 1623831 1241089 1513003 2086548 4149310 10613781 1264683 9349098 205497 215316 253300 46649 60926 781688 231997 379675 414789 422583 118879 1567923 12963392 1790771 0.72120 0.64280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77266 77266 821309 821309 14846770 5738374 9108396 336816 713 336103 715220 525137 190083 148708 103418 45290 10501181 INVESTMENTS IN SJSH -1 C INVESTMENT IN PARKLAND SH 97 C INVESTMENT IN DSH 499705 C INVESTMENT IN PIKEVILLE SH 12 C NOTES RECEIVABLE TO DSH 1900706 C NOTES RECEIVABLE TO PARKLAND SCHOLAR HOUSE 152793 C 2553312 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, 2021 AND 2020. 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, 2021 AND 2020, 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 2017 REMAIN OPEN. WINE WOMEN & SHOES VIRTUAL PARTY 351382 155382 196000 3000 4500 20340 2600 46682 351382 155382 196000 3000 4500 20340 2600 46682 77122 118878 20000 10000 1 1.00000 20000 10000 10000 10000 KY 1 0 0 0 0.00000 1.00000 KELLIE MOORE 403 REG SMITH CIRCLE LOUISVILLE KY 40208 0 KELLIE MOORE 0 GENERAL EVENT MANAGEMENT & MANAGEMENT OF ONLINE RAFFLE X 0 1 BASIC NEEDS 2365 4456 48166 COST CHILDCARE/HOUSING EDUCATION 894 5640 31233 COST EDUCATIONAL ASSISTANCE/MATERIALS FOOD 3912 3850 46401 COST EMERGENCY FOOD TRANSPORTATION 143 0 7056 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 0 0 0 0 0 0 0 0 0 CATHE DYKSTRA PRESIDENT & CEO 268718 0 20000 0 16500 0 7322 0 11628 0 324168 0 0 0 X 30000 RECEIPTS 0 1 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 XI, LINE 9: OTHER TRANSFERS -1,858,257. EQUITY FROM LOUISVILLE SCHOLAR HOUSE, LLC 3,199,219. 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 -47 0 FSH INC SJSH GP LLC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 460766533 LIHTC KY -43 -336 FSH INC LOUISVILLE SCHOLAR HOUSE LLC 1122 ROGERS STREET LOUISVILLE KY 40299 208929773 LIHTC KY 4947249 7392120 FSH INC LOUISVILLE SCHOLAR HOUSE LLC 1122 ROGERS STREET LOUISVILLE KY 40299 208929773 CONSTRUCTION KY PWD LLC RELATED -47 0 1 1.00000 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 -43 32771 0 1 0.00010 PARKLAND SCHOLAR HOUSE LLLP 1122 ROGERS STREET LOUISVILLE KY 40299 371696499 CONSTRUCTION KY N/A N/A 0 1 0.00010 DSH GP INC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 272147115 LIHTC KY FSH INC C -297 500957 1.00000 1 PARKLAND GP LLC 403 REG SMITH CIRCLE LOUISVILLE KY 40208 455565154 LIHTC KY FSH INC C -29 169062 1.00000 1 PARKLAND SCHOLAR HOUSE LLLP 1122 ROGERS STREET LOUISVILLE KY 40299 371696499 CONSTRUCTION KY FSH INC C -29 169060 0.00010 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 DOWNTOWN SCHOLAR HOUSE LLC D 1900706 COST PARKLAND SCHOLAR HOUSE D 152793 COST LOUISVILLE SCHOLAR HOUSE LLC S 1074666 COST