2021-11-02T14:59:07-05:00 2021-06-30 560574444 CHERRY BEKAERT LLP 300 MORRIS STREET SUITE 260 DURHAM NC 27701 990 2020-07-01 562230469 THE EMILY KRZYZEWSKI FAMILY LIFE CENTER INC EMIL 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 BRANDIE FINTCHRE TREASURER 9196800308 2021-10-26 1 BRANDIE FINTCHRE 999009999 AMANDA ADAMS P00748038 9193838585 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z EMILY K CENTER ADAM EIGENRAUCH 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 4885455 0 X WWW.EMILYK.ORG X 2000 NC EQUIPPING STUDENTS TO COMPLETE HIGHER EDUCATION, CONNECT TO CAREERS, AND BECOME AGENTS OF CHANGE. 25 24 62 180 0 0 4644428 2272093 42177 20012 307858 532711 11244 -7706 5005707 2817110 11809 7014 0 0 1789875 1782549 52805 3000 352650 805328 681236 2659817 2473799 2345890 343311 19680955 20570488 378580 88169 19302375 20482319 X QUALITY EDUCATIONAL EXPERIENCES ARE ESSENTIAL TO PREPARING STUDENTS FOR THE FUTURE, YET SYSTEMIC BARRIERS CREATE PRONOUNCED DISPARITIES IN EDUCATIONAL OPPORTUNITIES AND OUTCOMES. THE EMILY KRZYZEWSKI CENTER, A NON-PROFIT ORGANIZATION IN DURHAM, NORTH CAROLINA, IMPLEMENTS FOUR DISTINCT PROGRAMS DESIGNED TO BUILD ON THE ACADEMIC, CAREER, AND LEADERSHIP POTENTIAL OF STUDENTS WHO ARE TRADITIONALLY UNDERREPRESENTED IN HIGHER EDUCATION. COLLECTIVELY, OUR PROGRAMS SERVE STUDENTS FROM ELEMENTARY SCHOOL THROUGH COLLEGE AND EQUIP THEM WITH THE SKILLS NECESSARY TO SUCCESSFULLY COMPLETE HIGHER EDUCATION, CONNECT TO PROMISING CAREERS, AND BECOME AGENTS OF CHANGE WITHIN THEIR COMMUNITIES. WE AMPLIFY OUR EFFORTS THROUGH PARTNERSHIPS WITH OUR LOCAL SCHOOL DISTRICT, COMMUNITY-BASED ORGANIZATIONS, AND UNIVERSITIES. 0 0 1447127 7014 THE CENTER OPERATES FOUR PROGRAMS THAT ARE ALL ALIGNED WITH THE GOAL OF PROVIDING ACADEMIC SUPPORT, COLLEGE READINESS AND COLLEGE COMPLETION SUPPORT FOR STUDENTS WHO FACE THE MOST PRONOUNCED BARRIERS TO SUCCESSFULLY NAVIGATING AND COMPLETING HIGHER EDUCATION. AS A GENERAL NOTE THAT IS RELEVANT TO ALL PROGRAM OPERATIONS FOR THE 2020-21 PROGRAM YEAR, DUE TO THE COVID-19 GLOBAL PANDEMIC, THE EMILY K CENTER SUSPENDED ITS IN-PERSON PROGRAMMING AND OPERATED IN VIRTUAL SERVICE DELIVERY MODE THROUGHOUT THE ENTIRE ACADEMIC YEAR, WITH LIMITED OPPORTUNITIES FOR ON-SITE PROGRAMMING AND ACTIVITIES. OUR THREE ENROLLMENT-BASED K TO COLLEGE PROGRAMS ARE DESCRIBED BELOW.THE PIONEER SCHOLARS PROGRAM ENSURES THAT OUR ELEMENTARY AND MIDDLE SCHOOL STUDENTS ARE BUILDING THEIR ACADEMIC AND PERSONAL LEADERSHIP SKILLS, ACHIEVING IN SCHOOL, AND LAYING THE FOUNDATION FOR FUTURE COLLEGE SUCCESS. DURING THE 2020-21 ACADEMIC YEAR, THE PIONEER SCHOLARS PROGRAM OPERATED VIRTUALLY FOUR DAYS PER WEEK FOR AN AVERAGE OF 6 HOURS PER WEEK. OUR 82 PIONEER SCHOLARS STUDENTS IN ELEMENTARY (35 STUDENTS) AND MIDDLE SCHOOL (47 STUDENTS) DEMONSTRATED AN AVERAGE DAILY ATTENDANCE RATE OF 82%. IN AN EFFORT TO STEM THE LEARNING LOSS THAT CAN OCCUR DURING SUMMER BREAKS, THE PIONEER SCHOLARS PROGRAM ALSO PROVIDES A SUMMER SCHOLARS PROGRAM, WHICH IS TYPICALLY DELIVERED AS A THREE WEEK PROGRAM BUT WAS REDUCED TO A TWO WEEK VIRTUAL PROGRAM THIS SUMMER DUE TO THE PANDEMIC. THE PROGRAM INCLUDED FOUR HOURS OF DAILY SYNCHRONOUS REMOTE LEARNING PLUS SUPPLEMENTAL ASYNCHRONOUS LEARNING OVER THREE WEEKS. THIRTY-TWO STUDENTS ATTENDED SUMMER SCHOLARS AND COMPLETED A TOTAL OF 60 HOURS EACH OF SYNCHRONOUS, PROJECT-BASED ACADEMIC ENRICHMENT AND SKILL-BUILDING DESIGNED TO ENSURE THEIR READINESS FOR THE YEAR AHEAD, AS WELL AS CULTURALLY ENRICHING ACTIVITIES AND SOCIOEMOTIONAL SKILL BUILDING TO ENHANCE THEIR ABILITY TO COPE WITH THE SIGNIFICANT ENVIRONMENTAL STRESSORS THAT MARKED THE 2020-21 ACADEMIC YEAR. IN ADDITION TO PROVIDING CORE PROGRAM SERVICES, PIONEER SCHOLARS STAFF ALSO ENSURED FAMILIES RECEIVED THE MOST UP TO DATE INFORMATION ABOUT COMMUNITY RESOURCES VITAL TO FAMILY BASIC NEEDS, WELL-BEING AND COVID-19 HEALTH AND SAFETY; DISBURSED EMERGENCY FUNDS TO MEET BASIC NEEDS RELATED TO HOUSING AND UTILITIES EXPENSES, AND PROVIDED PROVIDED TECHNICAL SUPPORT TO ASSIST SCHOLARS AND FAMILIES WITH TECHNOLOGICAL BARRIERS TO EFFECTIVE ENGAGEMENT IN REMOTE LEARNING.THE SCHOLARS TO COLLEGE PROGRAM IS DESIGNED TO ASSIST HIGH SCHOOL STUDENTS WHO FACE THE MOST PRONOUNCED BARRIERS TO HIGHER EDUCATION TO SUCCEED ACADEMICALLY AND PERSONALLY, BECOMING GRADUATING SENIORS WHO ARE SCHOLARSHIP-ELIGIBLE AND COLLEGE-READY. THIS YEAR, OUR 121 SCHOLARS TO COLLEGE HIGH SCHOOL STUDENTS PARTICIPATED IN AN AVERAGE OF 5.5 HOURS OF WEEKLY CURRICULUM-BASED INSTRUCTION, INDIVIDUALIZED ACADEMIC COACHING AND COLLEGE ADVISING, 1:1 TUTORING, STANDARDIZED TEST PREPARATION, LEADERSHIP DEVELOPMENT AND CULTURAL ENRICHMENT ACTIVITIES, ALL OF WHICH WERE DELIVERED REMOTELY. WHILE THE COVID-19 PANDEMIC FORCED THIS PROGRAM TO SHIFT TO VIRTUAL PROGRAM DELIVERY, THE NUMBER OF SERVICE HOURS DID NOT CHANGE, AND THERE WAS NO SIGNIFICANT CHANGE TO STUDENTS' PROGRAM ATTENDANCE. STUDENTS IN THE SCHOLARS TO COLLEGE PROGRAM ALSO ATTEND SUMMER PROGRAMMING DESIGNED TO ENSURE THEY CONTINUE TO BUILD LEADERSHIP SKILLS AND PLAN FOR THE MAJOR COLLEGE ACCESS TASKS FOR THE YEAR AHEAD. THIS YEAR, STUDENTS ATTENDED A ONE OR TWO WEEK VIRTUAL "BOOT CAMP" (DEPENDING ON THEIR GRADE) TOTALING AN AVERAGE OF 15 HOURS OF DIRECT INSTRUCTION. IN ADDITION TO PROVIDING CORE PROGRAM SERVICES, SCHOLARS TO COLLEGE STAFF ALSO ENSURED FAMILIES RECEIVED THE MOST UP TO DATE INFORMATION ABOUT COMMUNITY RESOURCES VITAL TO BASIC NEEDS AND WELL-BEING, ADMINISTERED EMERGENCY FUNDING TO SUPPORT BASIC NEEDS RELATED TO HOUSING AND UTILITIES, PROVIDED LOANER COMPUTER DEVICES TO STUDENTS WITHOUT LAPTOPS AND INTERNET CONNECTIVITY, AND PROVIDED TECHNICAL SUPPORT TO SCHOLARS AND FAMILIES IN NEED OF ASSISTANCE NAVIGATING TECHNOLOGICAL BARRIERS TO EFFECTIVE ENGAGEMENT IN REMOTE LEARNING. LASTLY, 100% OF OUR HIGH SCHOOL SENIORS COMPLETED HIGH SCHOOL ON TIME AND 100% GAINED AT LEAST ONE COLLEGE ACCEPTANCE, AND 100% PLAN TO ENROLL IN A COLLEGE OR UNIVERSITY IN THE FALL OF 2021.THE SCHOLARS ON CAMPUS PROGRAM ENSURES THAT STUDENTS WHO COMPLETE THE SCHOLARS TO COLLEGE PROGRAM AND OPT TO CONTINUE IN OUR COLLEGE COMPLETION PROGRAM SUCCESSFULLY TRANSITION TO AND COMPLETE HIGHER EDUCATION BY SUPPORTING THEIR DEVELOPMENT IN THE AREAS OF ACADEMIC AND CAMPUS ENGAGEMENT, CAREER PLANNING, AND FINANCIAL RESPONSIBILITY THROUGH AN INTRUSIVE ADVISING AND SUPPORT MODEL. THIS YEAR, 104 SCHOLARS ON CAMPUS STUDENTS, RANGING FROM FIRST YEAR THROUGH SENIOR YEAR OF COLLEGE, PARTICIPATED IN CAPACITY-BUILDING WORKSHOPS, INDIVIDUALIZED ADVISING AND COACHING, CAMPUS VISITS, AND A PRE-COLLEGE TRANSITION RETREAT. BECAUSE OF THE IMPACT OF COVID-19 ON CAMPUS OPERATIONS AND STUDENTS' ECONOMIC AND FINANCIAL SITUATIONS, MUCH OF THE SUPPORT PROVIDED TO STUDENTS BEYOND THOSE THAT SPECIFICALLY TARGET COLLEGE PERSISTENCE INCLUDED MENTAL HEALTH AND SOCIOEMOTIONAL SUPPORTS PROVIDED BY OUR STUDENT RESOURCE AND SUPPORT MANAGER AS WELL AS ASSISTANCE NAVIGATING HOUSING AND FINANCIAL BARRIERS. STUDENT PROGRESS IS EVALUATED ACROSS ALL THREE OF THE ABOVE REFERENCED PROGRAMS USING BOTH QUALITATIVE AND QUANTITATIVE ASSESSMENT METHODOLOGIES DESIGNED TO DETERMINE HOW WELL WE ARE MEETING OUR SUCCESS GOALS AS WELL AS TO ASSESS OUR STUDENTS AND FAMILIES' EXPERIENCES WITHIN OUR PROGRAMS. AS A RESULT OF THE TIMING OF THE COVID-19 PANDEMIC, UNFORTUNATELY, MANY OF THE DATA POINTS USED TO ASSESS ANNUAL OUTCOMES WERE NOT AVAILABLE FOR ANALYSIS THIS YEAR. REPRESENTATIVE RESULTS FROM THE 2020-21 PROGRAM YEAR INCLUDE THE FOLLOWING: IN SPITE OF NATIONWIDE DECLINES IN ATTENDANCE IN SCHOOLS, OUR PIONEER SCHOLARS (82%) AND SCHOLARS TO COLLEGE (90%) PROGRAMS EVIDENCED ROBUST STUDENT ATTENDANCE IN SPITE OF ECONOMIC AND TECHNOLOGICAL BARRIERS AND SETBACKS. OUR 28 GRADUATING SENIORS IN THE SCHOLARS TO COLLEGE CLASS OF 2020 EARNED 202 ACCEPTANCES TO 81 COLLEGES. LASTLY, AS A RESULT OF OUR COLLEGE STUDENTS' ONGOING COMMITMENT TO FURTHERING THEIR EDUCATION AND THE SUPPORT PROVIDED TO THEM THROUGH OUR SCHOLARS ON CAMPUS PROGRAM, STUDENTS ENROLLED IN THIS PROGRAM CONTINUE TO DEMONSTRATE FAR HIGHER ON-TIME ENROLLMENT RATES (96%) AND FIRST YEAR PERSISTENCE RATES (99%) THAN THEIR PEERS NATIONWIDE. 301151 THE EMILY K CENTER'S GAME PLAN: COLLEGE PROGRAM PROVIDES POSTSECONDARY INFORMATION, ADVISING AND SUPPORT TO HIGH SCHOOL STUDENTS IN DURHAM THROUGH A STRONG PARTNERSHIP WITH OUR LOCAL SCHOOL DISTRICT. THROUGH THIS PROGRAM, WE ARE ABLE TO CONTRIBUTE TO BOTH THE DISTRICT'S AND THE CENTER'S SHARED GOAL OF ENSURING THAT ALL STUDENTS HAVE EQUITABLE ACCESS TO THE INFORMATION AND SUPPORT THEY NEED TO PURSUE THEIR POSTSECONDARY GOALS. STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, WHO COME FROM LOW INCOME FAMILY BACKGROUNDS, AND WHO ARE MEMBERS OF RACIAL/ETHNIC GROUPS THAT ARE UNDER-REPRESENTED IN HIGHER EDUCATION ARE THE TARGET POPULATION FOR THIS PROGRAM, ALTHOUGH ANY STUDENT WHO RESIDES IN DURHAM AND/OR ATTENDS A DURHAM PUBLIC SCHOOLS HIGH SCHOOL CAN ACCESS THE SERVICES. THROUGH SCHOOL AND COMMUNITY BASED COLLEGE ACCESS WORKSHOPS, OUR PROGRAM PROVIDES STUDENTS WITH ALL OF THE INFORMATION, TOOLS AND RESOURCES THEY NEED TO IDENTIFY THEIR BEST-FIT POSTSECONDARY OPTION AND TO FOLLOW THROUGH ON COMPLETING THE APPLICATION PROCESS AND ENROLLMENT PROCESS. ADDITIONALLY, THE PROGRAM PROVIDES STUDENTS WITH OPPORTUNITIES TO MEET WITH COLLEGE ADMISSIONS REPRESENTATIVES AND CULTIVATES SPECIALIZED SERVICES FOR MEMBERS OF OUR TARGET POPULATION, SUCH AS STANDARDIZED TEST PREPARATION AND SUMMER INTENSIVE WORKSHOPS. THIS YEAR, GAME PLAN: COLLEGE DELIVERED 71 WORKSHOPS ACROSS ALL DURHAM PUBLIC SCHOOLS DISTRICT HIGH SCHOOLS AS WELL AS IN COMMUNITY-BASED PARTNER ORGANIZATIONS, SERVING A TOTAL OF 918 STUDENT ATTENDEES AS WELL AS 301 ADDITIONAL ADULT (PARENT, TEACHER, COUNSELOR AND COMMUNITY-BASED ORGANIZATION STAFF) ATTENDEES. ADDITIONALLY, OUR GAME PLAN: COLLEGE TEAM MET THE POSTSECONDARY PLANNING NEEDS OF HIGH SCHOOL STUDENTS THROUGH THE DELIVERY OF 268 1:1 ADVISING SESSIONS, SUPPORTING STUDENTS TO MOVE FORWARD IN THEIR POSTSECONDARY EXPLORATION, PLANNING AND APPLICATION COMPLETION PROCESSES. WHILE OUR DELIVERY OF THESE SERVICES IS DESIGNED TO SUPPORT ANY STUDENT WHO RESIDES IN OR ATTENDS A HIGH SCHOOL IN DURHAM, WE ARE ESPECIALLY FOCUSED ON REACHING STUDENTS WITHIN OUR TARGET POPULATION. OUR MOST INTENSIVE SERVICE, 1:1 ADVISING, WAS PREDOMINANTLY DELIVERED TO STUDENTS WITHIN THIS TARGET POPULATION: 66% OF STUDENTS WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, 61% OF STUDENTS PARTICIPATE IN THE FREE AND REDUCED PRICED LUNCH PROGRAM, AND 70% OF STUDENTS WERE FROM BACKGROUNDS THAT ARE TRADITIONALLY UNDER-REPRESENTED IN HIGHER EDUCATION.LASTLY, GAME PLAN: COLLEGE HOSTED A SUMMER INTENSIVE THIS YEAR, A VIRTUAL FOUR-DAY PROGRAM DESIGNED TO HELP RISING SENIORS LAUNCH THEIR POSTSECONDARY APPLICATION PROCESS THROUGH A SERIES OF WORKSHOPS AND HANDS-ON ASSISTANCE SESSIONS. THIS YEAR, 17 STUDENTS FROM DURHAM PUBLIC SCHOOLS PARTICIPATED IN THE SUMMER INTENSIVE AND COMPLETED ACTIVITIES RELATED TO DEVELOPING THEIR COLLEGE LISTS, PREPARING COLLEGE ESSAYS AND RESUMES, UNDERSTANDING THE FAFSA REGISTRATION PROCESS AND A NUMBER OF OTHER MILESTONES REQUIRED TO COMPLETE THE POSTSECONDARY ENROLLMENT PROCESS. 144092 20012 IN ADDITION TO COLLEGE ACCESS PROGRAMMING, THE CENTER ENHANCES THE IMPACT OF LOCAL ORGANIZATIONS THROUGH FACILITY PARTNERSHIPS BY SERVING AS A HOME AND RESOURCE FOR NONPROFITS, SCHOOLS, AND COMMUNITY GROUPS AS THEY CONVENE, LEARN, AND GROW. TRADITIONALLY, THE CENTER HAS PARTNERED WITH APPROXIMATELY 40 PARTNERS ANNUALLY AND PROVIDES SPACE FOR FREE TO OVER 90% OF THESE PARTNERS, RESULTING IN SIGNIFICANT RENTAL SAVINGS FOR THESE ORGANIZATIONS. DUE TO THE COVID-19 PANDEMIC, THE FACILITY USAGE DURING 2020-21 WAS LIMITED, BUT WE CONTINUED TO SERVE ONE SCHOOL ONSITE AND WORK WITH A NUMBER OF FACILITY PARTNERS VIRTUALLY. DURING THIS PERIOD WE ALSO INVESTED IN FACILITY UPGRADES TO BETTER SERVE OUR PARTNERS AS WE RESUME MORE ONSITE PROGRAMMING IN 2021-22. 1892370 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 1 62 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X LAUREN GARDNER 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 27701 MICHAEL KRZYZEWSKI CHAIR 3.00 X X 0 0 0 JAMIE K SPATOLA VICE-CHAIR 3.00 X X 0 0 0 BRANDIE FINTCHRE TREASURER 3.00 X X 0 0 0 BARRY PEA SECRETARY (THROUGH 5/21) 3.00 X X 0 0 0 LUIS HERNANDEZ SECRETARY (AS OF 5/21) 2.00 X X 0 0 0 ROBIN BAREFOOT DIRECTOR 3.00 X 0 0 0 MICHELLE BEISCHER DIRECTOR 3.00 X 0 0 0 DOROTHY C BROWNE DIRECTOR 2.00 X 0 0 0 DANA CORCORAN DIRECTOR 2.00 X 0 0 0 JANE DIMMIG DIRECTOR 2.00 X 0 0 0 DIANE EVIA-LANEVI DIRECTOR 2.00 X 0 0 0 JAMES FUTRELL DIRECTOR 2.00 X 0 0 0 GENEVIA GEE FULLBRIGHT DIRECTOR 2.00 X 0 0 0 JAZMIN GARCIA SMITH DIRECTOR 2.00 X 0 0 0 SETH JERNIGAN DIRECTOR 2.00 X 0 0 0 DAVID P KING DIRECTOR 2.00 X 0 0 0 JOEL MARCUS DIRECTOR 2.00 X 0 0 0 JOSHUA MBANUSI DIRECTOR 2.00 X 0 0 0 JACEK ORZECHOWSKI DIRECTOR 2.00 X 0 0 0 RAHUL PAGIDIPATI DIRECTOR 2.00 X 0 0 0 SUSAN SABISTON DIRECTOR 2.00 X 0 0 0 NOLAN SMITH DIRECTOR 2.00 X 0 0 0 TRACEY TEMNE DIRECTOR 2.00 X 0 0 0 CHRIS VANHAIGHT DIRECTOR 2.00 X 0 0 0 ADAM EIGENRAUCH EXECUTIVE DIRECTOR 40.00 X X 121240 0 13587 LAUREN GARDNER CHIEF OPERATING OFFICER 40.00 X 105466 0 9512 SANDY YORK CHEIF ADVANCEMENT OFFICER 40.00 X 104885 0 11282 331591 0 34381 3 0 0 0 0 745419 289193 1237481 87461 2272093 RENTAL INCOME 531120 13317 13317 DRAMA CAMP 711190 6695 6695 20012 81855 81855 2471961 2021105 450856 450856 450856 28796 745419 47240 -18444 -18444 SALES TAX REFUND 900099 7013 7013 3725 3725 10738 2817110 20012 0 525005 7014 7014 262866 84703 118280 59883 1205452 1003854 8251 193347 31644 21616 3235 6793 160484 126341 9847 24296 122103 90981 9115 22007 202 202 23250 23250 3000 3000 33479 33479 29875 29875 48476 20724 5525 22227 19293 18291 764 238 141457 133650 6041 1766 495 495 192099 183787 5867 2445 48882 46074 2195 613 SUPPLIES AND FOOD 94744 79660 284 14800 PERSONNEL ADMIN 48984 45800 2444 740 2473799 1892370 228779 352650 49019 156391 4876681 3768024 4503732 2686922 9884583 2882529 4517698 7002054 5666350 6890430 67475 66667 19680955 20570488 21912 21502 289193 67475 66667 378580 88169 X 12486948 12578441 6815427 7903878 19302375 20482319 19680955 20570488 X 343311 781557 55076 X 0 1 X 1 0 X 1768810 8242737 4068797 4311484 2272093 20663921 1768810 8242737 4068797 4311484 2272093 20663921 4619239 16044682 57916 73538 86912 172745 81855 472966 8888 434 9322 21146209 485470 0.75870 0.77540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CREDIT CARD REBATES - 2018 AMOUNT: $ 8,888. 2019 AMOUNT: $ 434. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5665824 89947 1312138 144000 33479 6890430 4917064 602852 240466 66000 28558 5665824 3515317 1250245 214151 40000 22649 4917064 2151664 1284787 141170 40000 22304 3515317 1987286 20000 203917 40000 19539 2151664 0.25530 0.74470 0 0 184340 184340 5766212 2286264 3479948 592410 512072 80338 3341621 84193 3257428 7002054 OBLIGATION FOR USE OF BUILDING, NET 66667 66667 X 3624929 781557 4665 55076 841298 2783631 33479 33479 2817110 2444985 4665 4665 2440320 33479 33479 2473799 PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR THE ONGOING OPERATIONS OF THE CENTER. THE GSK ENDOWMENT SUPPORTS THE PIONEER SCHOLARS PROGRAM AND THE GENERAL ENDOWMENT ACCOUNTS SUPPORT STUDENT-SERVING PROGRAMS AND GENERAL OPERATIONS OF THE CENTER. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE CENTER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECOVERY OF BAD DEBT 55,076. MOTHER'S DAY BALL 527962 500341 27621 1000 12125 33065 INSIDE DUKE BASKETBALL 12278 11103 1175 1050 2 233975 233975 774215 745419 28796 2050 12125 33065 47240 -18444 1 EMERGENCY FUND 18 5462 GAP FUND 4 1551 PART I, LINE 2: THE EMILY K CENTER OFFERS AN "EMERGENCY FUND" TO ASSIST FAMILIES WHO ARE FACING SHORT-TERM FINANCIAL HARDSHIP AS WELL AS COLLEGE "GAP FUND" FOR COLLEGE STUDENTS WITH UNMET FINANCIAL AID NEEDS. ALL PAYMENTS ARE MADE DIRECTLY TO THE VENDOR WITH A RECIEPT OF PAYMENT SO THAT NO ADDITIONAL MONITORING IS REQUIRED. EMERGENCY FUNDS ARE SMALL, ONE-TIME PAYMENTS AVAILABLE ON A LIMITED BASIS TO HELP FAMILIES PAY UTILITY BILLS, HOUSING EXPENSES, AND MEET OTHER CRITICAL NEEDS THAT DIRECTLY IMPACT THE STUDENT'S EDUCATIONAL SUCCESS AND WOULD GO UNMET OTHERWISE. TO QUALIFY, STUDENTS MUST BE IN GOOD STANDING IN THE PROGRAM IN WHICH THEY ARE ENROLLED FOR AT LEAST ONE SEMESTER AND FAMILIES MUST BE ABLE TO PROVIDE DOCUMENTATION OF THE FINANCIAL HARDSHIP. GAP FUNDS ARE SMALL PAYMENTS AVAILABLE TO ENROLLED COLLEGE STUDENTS TO MEET TUITION, ROOM, BOARD OR BOOK FEES THAT ARE NOT COVERED BY FINANCIAL AID. ALL EMERGENCY FUNDS AND GAP FUNDING REQUIRE APPROVAL BY MULTIPLE STAFF THROUGH A STANDARDIZED PROCESS. X 10000 FMV X 6 38230 FMV X AUCTION/RAFFLE ITEMS 27 24023 FMV X FURNITURE 1 8000 FMV X FOOD 1 5000 FMV X SUPPLIES 3 2208 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TWO INDIVIDUALS ARE RELATED THROUGH A FAMILY RELATIONSHIP. MIKE KRZYZEWSKI, CHAIR OF THE BOARD, IS THE FATHER OF JAMIE K. SPATOLA, VICE CHAIR AND BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B WHEN THE COMPLETED DRAFT OF THE FORM 990 IS RECEIVED FROM THE ORGANIZATION'S CPA FIRM, IT IS REVIEWED BY THE FINANCE COMMITTEE. FOLLOWING ANY RECOMMENDED CHANGES TO THE DRAFT, THE FORM 990 IS THEN SENT TO ALL BOARD MEMBERS, REVIEWED AT A BOARD MEETING, AND APPROVED BY A VOTE OF THE BOARD OF DIRECTORS. ONCE APPROVED, THE FORM 990 IS SIGNED BY AN OFFICER AND FILED WITH THE IRS IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, AS WELL AS COMMITTEE MEMBERS AND EMPLOYEES WITH DECISION-MAKING POWER, ARE ASKED TO ANNUALLY REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. THE ACKNOWLEDGEMENT AND DISCLOSURE FORM REQUIRES THE INDIVIDUAL COMPLETING IT TO LIST ANY CURRENT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, THE COO REVIEWS ON AN ONGOING BASIS THE ORGANIZATION'S VARIOUS VENDOR OR CONTRACTOR RELATIONSHIPS FOR POSSIBLE RELATED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR AND, AFTER REVIEWING COMPARABLE COMPENSATION DATA AND THE EXECUTIVE DIRECTOR'S PERFORMANCE, RECOMMENDS PERFORMANCE-BASED COMPENSATION INCREASES TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL. THIS MAY, THE EXECUTIVE COMMITTEE REVIEWED COMPARABLE SALARY AND BENEFITS DATA FOR EXECUTIVE DIRECTOR COMPENSATION AT COMPARABLE NORTH CAROLINA NONPROFITS FROM THE 2018 NC NONPROFITS SALARY & BENEFITS REPORT. COMPARABILITY IN THIS REPORT WAS DETERMINED BY MATCHING THE ORGANIZATIONAL FIELD OF WORK, JOB DESCRIPTION, GEOGRAPHIC REGION, AND BUDGET SIZE THAT MOST CLOSELY MATCHES THE EMILY K CENTER AND ITS EXECUTIVE DIRECTOR. THIS MAY, THE EXECUTIVE DIRECTOR PROPOSED THAT HIS SALARY NOT BE INCREASED, PRIMARILY AS A BUDGET CONTROL MEASURE. THE EXECUTIVE COMMITTEE DISCUSSED THAT RECOMMENDATION AND ULTIMATELY DETERMINED TO MAINTAIN THE CURRENT SALARY LEVEL RATHER THAN INCREASE IT DESPITE A POSITIVE PERFORMANCE REVIEW. OTHER KEY EXECUTIVE POSITIONS - THE EXECUTIVE DIRECTOR RESEARCHES SALARY DATA FOR KEY LEADERSHIP POSITIONS IN COMPARABLE ORGANIZATIONS AND SYSTEMS WITHIN THE BROADER LOCAL AND STATE COMMUNITY. RESOURCES FROM THE NC CENTER OF NON-PROFITS SALARY SURVEY, AS WELL AS DISCUSSIONS WITH OTHER LOCAL ORGANIZATIONS, ARE USED TO ESTABLISH COMPARABLE SALARY DATA MATCHING THE ORGANIZATION BUDGET SIZE AND JOB RESPONSIBILITIES AS DESCRIBED IN THE JOB DESCRIPTION. FOLLOWING THE ANNUAL EMPLOYEE PERFORMANCE REVIEW PROCESS, PERFORMANCE-BASED SALARY ADJUSTMENTS ARE PROPOSED FOR ELIGIBLE EMPLOYEES AND BUDGETED FOR ACCORDINGLY. THE EXECUTIVE COMMITTEE REVIEWS TOTAL PROPOSED SALARY INCREASES FOR ALL SALARY LINES, AND THE FULL BOARD ULTIMATELY APPROVES TOTAL SALARY EXPENSES AS PART OF THE BUDGET APPROVAL PROCESS. DUE TO BUDGET CONSTRAINTS CAUSED BY COVID-19, THE LEADERSHIP TEAM DID NOT RECEIVE SALARY INCREASES IN JULY 2020 BUT WILL IN JULY 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE IN ITS ADMINISTRATIVE OFFICE AND ARE AVAILABLE UPON REQUEST. THE 2017, 2018 AND 2019 FORMS 990 ARE AVAILABLE AT WWW.EMILYK.ORG. FORM 990, PART XI, LINE 9: BAD DEBT RECOVERY 55,076.