2020-05-13T13:16:09-05:00 2019-06-30 592445709 MYERS BRETTHOLTZ & COMPANY PA 12671 WHITEHALL DR FORT MYERS FL 339073626 990 2018-07-01 592617151 GUADALUPE CENTER INC GUAD 2396581999 509 HOPE CIRCLE IMMOKALEE FL 34142 DAWN MONTECALVO PRESIDENT 2396577711 2020-05-05 true STEVEN M BRETTHOLTZ CPA P00284985 2399395775 2020-05-13 67.129.9.146 2020-05-13 13:16:09 CD P 5982A7AFAC5FE1827FEB3AFFCAA57849987DD82B 5982A7AFAC5FE1827FEB3AFFCAA57849987DD82B 2018 2021-01-29 14:40:06Z DAWN MONTECALVO 509 HOPE CIRCLE IMMOKALEE FL 34142 18503907 false X WWW.GUADALUPECENTER.ORG X 1984 FL THE ORGANIZATION'S MISSION IS TO BREAK THE CYCLE OF POVERTY THROUGH EDUCATION FOR THE CHILDREN OF IMMOKALEE". 21 21 314 1100 0 5084222 16062377 784909 1207077 48884 210341 407588 157331 6325603 17637126 236494 378317 0 3333507 4633197 0 789632 1917917 2638030 5487918 7649544 837685 9987582 14892979 24985117 442586 509793 14450393 24475324 X THE ORGANIZATION'S MISSION IS TO BREAK THE CYCLE OF POVERTY THROUGH EDUCATION FOR THE CHILDREN OF IMMOKALEE". false false 3773613 1207077 THE GUADALUPE CENTER'S EARLY CHILDHOOD EDUCATION (ECE) PROGRAM IS NATIONALLY ACCREDITED BY TWO AGENCIES AND IS A GOLD SEAL PROGRAM IN THE STATE OF FLORIDA. THE PROGRAM CURRENTLY SERVES 361 CHILDREN FROM 6 WEEKS OF AGE THROUGH 5. THE ECE CENTER OPERATES YEAR ROUND, FIVE DAYS PER WEEK, FROM 7:00 AM UNTIL 5:30 PM. TO MONITOR THE SUCCESS OF THE EARLY CHILDHOOD EDUCATION PROGRAM, TRACK STUDENT IMPROVEMENT, AND IDENTIFY DEVELOPMENTAL DELAYS, WE CONDUCT REGULAR EVALUATIONS. RESEARCH-BASED EVALUATION INSTRUMENTS ARE USED INCLUDING TEACHING STRATEGIES GOLD (ALIGNED WITH THE CREATIVE CURRICULUM), ALPHABET LETTER RECOGNITION INVENTORY, THE AGES AND STAGES QUESTIONNAIRE, AND OFFICE OF EARLY LEARNING AP1, AP2, AP3. TEACHING STRATEGIES GOLD ASSESSMENT (TSG) MEASURES GROWTH IN THE AREAS OF SOCIAL EMOTIONAL, PHYSICAL, LANGUAGE, COGNITIVE, LITERACY AND MATHEMATICS. THE PROGRAM PROVIDES DEVELOPMENTALLY APPROPRIATE LEARNING ACTIVITIES WHICH INCORPORATE LANGUAGE, LITERACY, MATH, SCIENCE, TECHNOLOGY, MOTOR SKILLS AND THE ARTS INTO THE CHILDREN'S DAY PREPARING THEM FOR SUCCESS IN SCHOOL. BREAKFAST, LUNCH AND SNACK ARE PROVIDED TO ALL STUDENTS DAILY. 1498515 THE AFTER-SCHOOL TUTORING PROGRAM PROVIDES EDUCATIONAL SUPPORT TO MORE THAN 840 CHILDREN IN KINDERGARTEN THROUGH SECOND GRADE IN FIVE ELEMENTARY SCHOOLS IN IMMOKALEE. THE GOAL OF THE PROGRAM IS TO PROVIDE ACADEMIC SUPPORT AND ENRICHMENT TO ENSURE THAT STUDENTS ARE FUNCTIONING ON GRADE LEVEL WHEN THEY ENTER THIRD GRADE. ALL STUDENTS IN THE PROGRAM HAVE BEEN IDENTIFIED AS "AT RISK FOR FAILURE" BY THEIR TEACHERS. STUDENTS ARE PRE AND POST-TESTED USING THE DISTRICT APPROVED ASSESSMENT INSTRUMENT. THE ASSESSMENT RESULTS INDICATE THAT 100% OF THE STUDENTS DEMONSTRATED GAINS IN READING AND MATH. A 6 WEEK SUMMER EDUCATIONAL PROGRAM IS PROVIDED TO THE STUDENTS TO REMEDIATE THE SUMMER LEARNING LOSS THAT CAN OCCUR WHEN CHILDREN ARE OUT OF SCHOOL FOR AN EXTENDED PERIOD OF TIME. PRE AND POST-ASSESSMENT DATA REFLECTS THAT SIMILAR GAINS WERE MADE WITH THE STUDENTS IN THE SUMMER PROGRAM. THERE IS NO FEE FOR PARENTS IN THIS PROGRAM. 879302 378317 THE TUTOR CORPS PROGRAM OFFERS A SOLUTION TO REDUCE THE HIGH SCHOOL DROPOUT RATE AND INCREASE THE OPPORTUNITIES FOR POST-SECONDARY EDUCATION FOR IMMOKALEE HIGH SCHOOL STUDENTS. THERE ARE 117 STUDENTS PARTICIPATING IN THE PROGRAM AND 145 ENROLLED IN COLLEGE. THE PROGRAM COMPONENTS INCLUDE: A WAGE FOR WORKING IN THE AFTER-SCHOOL TUTORING PROGRAM, A COMPREHENSIVE COLLEGE PREP PROGRAM, A MENTOR FROM THE COMMUNITY, SUMMER PRE-COLLEGE EXPERIENCES, AND COLLEGE SCHOLARSHIP FUNDS UP TO 4000 PER YEAR FOR EVERY YEAR THE STUDENT IS IN THE PROGRAM. FOR THE PAST 14 YEARS 100% OF THE STUDENTS IN THE PROGRAM GRADUATED FROM HIGH SCHOOL AND WERE ACCEPTED TO COLLEGE. THE COLLEGE GRADUATION RATE FOR THE PROGRAM EXCEEDS 90%. THE AVERAGE GPA FOR THE STUDENTS ATTENDING COLLEGE LAST YEAR WAS 3.3. 178 STUDENTS HAVE GRADUATED FROM COLLEGES AND UNIVERSITIES AND ENTERED PROFESSIONAL CAREERS AS ENGINEERS, TEACHERS, BUSINESS MANAGEMENT TRAINEES, SOCIAL WORKERS, ATTORNEYS, PHYSICIANS, ACCOUNTANTS AND MANY OTHER PROFESSIONS AS WELL. THE STUDENTS OFTEN RETURN TO IMMOKALEE WITH THE DESIRE TO GIVE BACK TO THE COMMUNITY. SEVERAL STUDENTS HAVE RETURNED TO WORK IN PROFESSIONAL POSITIONS AT THE GUADALUPE CENTER. THE ORGANIZATION ALSO OPERATES A RESALE SHOP AND SEVERAL SPECIAL PROJECTS TO MEET THE NEEDS OF THE RESIDENTS OF IMMOKALEE. BACK TO SCHOOL SHOES PROVIDE NEW SHOES TO OVER 300 CHILDREN AT THE BEGINNING OF THE SCHOOL YEAR AND THE HOLIDAY GIFT SHOP PROVIDES OVER 2,100 GIFTS TO THE CHILDREN OF IMMOKALEE DURING THE HOLIDAY SEASON. 6151430 true true false false false false false false false true true false false false false false true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 8 0 314 true false false false false false true true true 1 false false false true false false false X 21 21 false false true false false false false true true false false true true true true true true true true false X X X GLORIA CROSBY CFO 2396577130 509 HOPE CIRCLE IMMOKALEE FL 34142 ALICE ARENA DIRECTOR 2.00 X 0 0 0 JOSEPH BAUGHMAN DIRECTOR 4.00 X 0 0 0 PHIL BEUTH DIRECTOR 1.00 X 0 0 0 WALER BLANKLEY DIRECTOR 1.00 X 0 0 0 TOM BRAND DIRECTOR 2.00 X 0 0 0 DAN CAPES DIRECTOR 2.00 X 0 0 0 MARIAH CASTRO DIRECTOR 1.00 X 0 0 0 BOB COLETTI DIRECTOR 1.00 X 0 0 0 BILL DEMPSEY DIRECTOR 2.00 X 0 0 0 CARL EHMANN TREASURER 4.00 X X 0 0 0 JIM FITZGERALD DIRECTOR 1.00 X 0 0 0 FRED HAGEMANN SECRETARY 2.00 X X 0 0 0 MARGUERITE HAMBLETON DIRECTOR 1.00 X 0 0 0 ABEL JAIMES DIRECTOR 1.00 X 0 0 0 JIM LEDINSKY VICE CHAIR 1.00 X X 0 0 0 RICHARD MONAGHAN DIRECTOR 1.00 X 0 0 0 MARK NAGAN DIRECTOR 2.00 X 0 0 0 NICK NICHOLSON DIRECTOR 1.00 X 0 0 0 ALLEN RYAN DIRECTOR 2.00 X 0 0 0 BUNNY SALISBURY DIRECTOR 2.00 X 0 0 0 TOM WHITE DIRECTOR 1.00 X 0 0 0 GEMMA WILSON DIRECTOR 1.00 X 0 0 0 LINDA YOST CHAIR 8.00 X X 0 0 0 DAWN MONTECALVO PRESIDENT 40.00 X 210477 0 0 GLORIA CROSBY CHIEF FIN. O 40.00 X 131003 0 0 TRACEY A CONNELLY VP OF DEVELO 40.00 X 172457 0 0 ROBERT E SPANO VP OF PROGRA 40.00 X 129383 0 0 643320 4 false true false 1135315 420980 14506082 1286644 16062377 EARLY CHILDHOOD EDUCATION 1207077 1207077 1207077 164565 164565 63363 17587 45776 45776 45776 168159 1135315 339967 -171808 -171808 742343 509227 233116 233116 OTHER INCOME 96023 96023 96023 17637126 1252853 321896 378317 378317 300161 109127 172721 18313 3602031 3154888 96716 350427 432613 357691 23174 51748 298392 226106 33701 38585 203271 44678 135080 23513 123009 123009 92631 70133 7408 15090 180215 101415 11548 67252 249887 240495 6336 3056 92646 66793 22529 3324 CAPITAL CAMPAIGN 752053 636916 159 114978 REPAIR AND MAINTENANCE 220696 154386 30480 35830 FOOD 194762 190789 1345 2628 OTHER 182175 120095 20450 41630 346685 299601 23826 23258 7649544 6151430 708482 789632 X 18409 9110 3004705 7638665 1494291 5653661 3012 14543 107533 115629 160992 111780 9750849 2944708 6207141 6806141 3879005 4615173 17891 20415 14892979 24985117 432586 478793 10000 31000 442586 509793 X 8682844 9770357 3515518 2252031 14704967 14450393 24475324 14892979 24985117 X 9987582 40909 -3560 X false true X true false X 3944589 3581247 5531468 5084222 16062377 34203903 3944589 3581247 5531468 5084222 16062377 34203903 34203903 31127 43424 57548 89133 164565 385797 665775 1336759 1543510 1253964 1006525 5806533 40396233 1991986 0.84670 0.77690 X PART II, LINE 10 4,800,008 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3242780 8940 147941 3399661 3021356 170068 51356 3242780 3008105 13251 3021356 0.29130 0.70870 true false 374238 22559 396797 7550070 2315406 5234664 287910 287910 841568 629302 212266 674504 674504 6806141 18237732 40909 50470 91379 18146353 -509227 -509227 17637126 8212801 54030 54030 8158771 -509227 -509227 7649544 SCHEDULE D, PAGE 2, PART V, LINE 4 TO FUND SCHOLARSHIPS FOR STUDENTS WHO WERE PART OF THE GUADALUPE CENTER'S TUTOR CORPS PROGRAM AND ARE ENROLLED AS FULL-TIME STUDENTS IN A COLLEGE OR UNIVERSITY PURSUING AN ACADEMIC DEGREE AT THE TIME THE SCHOLARSHIP IS MADE. SCHEDULE D, PAGE 4, PART XI, LINE 4B THRIFT SHOP COST OF GOODS SOLD -509,227 SCHEDULE D, PAGE 4, PART XII, LINE 4B THRIFT SHOP COST OF GOODS SOLD -509,227 SIGNATURE EVENT 1229909 1078750 151159 304265 GOLF TOURNAMENT 73565 56565 17000 35702 1303474 1135315 168159 339967 339967 -171808 false SCHOLARSHIPS 107 378317 SCHEDULE I, PAGE 1, PART I, LINE 2 COLLEGE STUDENTS MUST PROVIDE INVOICES, RECEIPTS OR ELECTRONIC DOCUMENTS TO BE REIMBURSED FOR ALLOWABLE EXPENSES. WHENEVER POSSIBLE, CHECKS ARE MADE PAYABLE DIRECTLY TO THE COLLEGES, HOUSING COMPLEXES, BOOKSTORES, ETC. false false false false false false false false false DAWN MONTECALVO PRESIDENT 210477 210477 TRACEY A CONNELLY VP OF DEVELOPMENT 172457 172457 X 31 1286644 FMV ON DATE OF DONATION false false false FORM 990, PAGE 2, PART III, LINE 4A THE GUADALUPE CENTER'S EARLY CHILDHOOD EDUCATION (ECE) PROGRAM IS NATIONALLY ACCREDITED BY TWO AGENCIES AND IS A GOLD SEAL PROGRAM IN THE STATE OF FLORIDA. THE PROGRAM CURRENTLY SERVES 361 CHILDREN FROM 6 WEEKS OF AGE THROUGH 5. THE ECE CENTER OPERATES YEAR ROUND, FIVE DAYS PER WEEK, FROM 7:00 AM UNTIL 5:30 PM. TO MONITOR THE SUCCESS OF THE EARLY CHILDHOOD EDUCATION PROGRAM, TRACK STUDENT IMPROVEMENT, AND IDENTIFY DEVELOPMENTAL DELAYS, WE CONDUCT REGULAR EVALUATIONS. RESEARCH-BASED EVALUATION INSTRUMENTS ARE USED INCLUDING TEACHING STRATEGIES GOLD (ALIGNED WITH THE CREATIVE CURRICULUM), ALPHABET LETTER RECOGNITION INVENTORY, THE AGES AND STAGES QUESTIONNAIRE, AND OFFICE OF EARLY LEARNING AP1, AP2, AP3. TEACHING STRATEGIES GOLD ASSESSMENT (TSG) MEASURES GROWTH IN THE AREAS OF SOCIAL EMOTIONAL, PHYSICAL, LANGUAGE, COGNITIVE, LITERACY AND MATHEMATICS. THE PROGRAM PROVIDES DEVELOPMENTALLY APPROPRIATE LEARNING ACTIVITIES WHICH INCORPORATE LANGUAGE, LITERACY, MATH, SCIENCE, TECHNOLOGY, MOTOR SKILLS AND THE ARTS INTO THE CHILDREN'S DAY PREPARING THEM FOR SUCCESS IN SCHOOL. BREAKFAST, LUNCH AND SNACK ARE PROVIDED TO ALL STUDENTS DAILY. FORM 990, PAGE 2, PART III, LINE 4B THE AFTER-SCHOOL TUTORING PROGRAM PROVIDES EDUCATIONAL SUPPORT TO MORE THAN 840 CHILDREN IN KINDERGARTEN THROUGH SECOND GRADE IN FIVE ELEMENTARY SCHOOLS IN IMMOKALEE. THE GOAL OF THE PROGRAM IS TO PROVIDE ACADEMIC SUPPORT AND ENRICHMENT TO ENSURE THAT STUDENTS ARE FUNCTIONING ON GRADE LEVEL WHEN THEY ENTER THIRD GRADE. ALL STUDENTS IN THE PROGRAM HAVE BEEN IDENTIFIED AS "AT RISK FOR FAILURE" BY THEIR TEACHERS. STUDENTS ARE PRE AND POST-TESTED USING THE DISTRICT APPROVED ASSESSMENT INSTRUMENT. THE ASSESSMENT RESULTS INDICATE THAT 100% OF THE STUDENTS DEMONSTRATED GAINS IN READING AND MATH. A 6 WEEK SUMMER EDUCATIONAL PROGRAM IS PROVIDED TO THE STUDENTS TO REMEDIATE THE SUMMER LEARNING LOSS THAT CAN OCCUR WHEN CHILDREN ARE OUT OF SCHOOL FOR AN EXTENDED PERIOD OF TIME. PRE AND POST-ASSESSMENT DATA REFLECTS THAT SIMILAR GAINS WERE MADE WITH THE STUDENTS IN THE SUMMER PROGRAM. THERE IS NO FEE FOR PARENTS IN THIS PROGRAM. FORM 990, PAGE 2, PART III, LINE 4C THE TUTOR CORPS PROGRAM OFFERS A SOLUTION TO REDUCE THE HIGH SCHOOL DROPOUT RATE AND INCREASE THE OPPORTUNITIES FOR POST-SECONDARY EDUCATION FOR IMMOKALEE HIGH SCHOOL STUDENTS. THERE ARE 117 STUDENTS PARTICIPATING IN THE PROGRAM AND 145 ENROLLED IN COLLEGE. THE PROGRAM COMPONENTS INCLUDE: A WAGE FOR WORKING IN THE AFTER-SCHOOL TUTORING PROGRAM, A COMPREHENSIVE COLLEGE PREP PROGRAM, A MENTOR FROM THE COMMUNITY, SUMMER PRE-COLLEGE EXPERIENCES, AND COLLEGE SCHOLARSHIP FUNDS UP TO 4000 PER YEAR FOR EVERY YEAR THE STUDENT IS IN THE PROGRAM. FOR THE PAST 14 YEARS 100% OF THE STUDENTS IN THE PROGRAM GRADUATED FROM HIGH SCHOOL AND WERE ACCEPTED TO COLLEGE. THE COLLEGE GRADUATION RATE FOR THE PROGRAM EXCEEDS 90%. THE AVERAGE GPA FOR THE STUDENTS ATTENDING COLLEGE LAST YEAR WAS 3.3. 178 STUDENTS HAVE GRADUATED FROM COLLEGES AND UNIVERSITIES AND ENTERED PROFESSIONAL CAREERS AS ENGINEERS, TEACHERS, BUSINESS MANAGEMENT TRAINEES, SOCIAL WORKERS, ATTORNEYS, PHYSICIANS, ACCOUNTANTS AND MANY OTHER PROFESSIONS AS WELL. THE STUDENTS OFTEN RETURN TO IMMOKALEE WITH THE DESIRE TO GIVE BACK TO THE COMMUNITY. SEVERAL STUDENTS HAVE RETURNED TO WORK IN PROFESSIONAL POSITIONS AT THE GUADALUPE CENTER. FORM 990, PAGE 2, PART III, LINE 4D THE ORGANIZATION ALSO OPERATES A RESALE SHOP AND SEVERAL SPECIAL PROJECTS TO MEET THE NEEDS OF THE RESIDENTS OF IMMOKALEE. BACK TO SCHOOL SHOES PROVIDE NEW SHOES TO OVER 300 CHILDREN AT THE BEGINNING OF THE SCHOOL YEAR AND THE HOLIDAY GIFT SHOP PROVIDES OVER 2,100 GIFTS TO THE CHILDREN OF IMMOKALEE DURING THE HOLIDAY SEASON. FORM 990, PAGE 6, PART VI, LINE 4 FORMATTED AND NUMBERED TO PROPER LEGAL STANDARDS WITH ADDED LEGAL LANGUAGE BOARD OF TRUSTEE TERMS CHANGED FROM TWO (2) CONSECUTIVE THREE (3) YEAR TERMS PLUS 1 YEAR EXTENSION AT THE DISCRETION OF THE BOARD CHAIR TO THREE (3) CONSECUTIVE THREE (3) YEAR TERMS NO 1 YEAR EXTENSION EXCEPT WHEN A BOARD OFFICERS TERM IS NOT COMPLETE CHANGE SECOND VICE-CHAIR OFFICER POSITION TO IMMEDIATE PAST CHAIR ADDED LANGUAGE IN ARTICLE V: MEETINGS TO INCLUDE REMOTE COMMUNICATION (5.8)AND WRITTEN ACTION WITHOUT A MEETING (5.9) ARTICLE VII: COMMITTEES: O IDENTIFIED STANDING COMMITTEES O COMMITTEE MEMBERSHIP - TRUSTEE AND NON-TRUSTEE MEMBERS; EACH COMMITTEE TO HAVE 5 TRUSTEES - INCLUDING THE BOARD CHAIR AND PRESIDENT. THE NUMBER OF NON-TRUSTEES ON ANY COMMITTEE MAY NOT EXCEED FORTY PERCENT OF COMMITTEE'S MEMBERSHIP. NON TRUSTEES SHALL NOT SERVE AS CHAIR OF A BOARD COMMITTEE. O MORE DETAILED DUTIES AND RESPONSIBILITIES FOR EACH COMMITTEE O COMMITTEE CHAIR - 2 YEAR TERM NO TERM LIMITS O COMMITTEE MEMBERS - 1 YEAR TERMS NO TERM LIMITS O 7.5.2 CHARTER. EACH COMMITTEE SHALL WORK WITH THE GOVERNANCE COMMITTEE TO DEVELOP A WRITTEN CHARTER THAT FURTHER DESCRIBES THE SPECIFIC DUTIES AND RESPONSIBILITY OF THAT COMMITTEE (EACH, A "CHARTER"). FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE TAX RETURN IS REVIEWED BY THE BOARD FOR ACCURACY AND COMPLETENESS PRIOR TO SIGNING AND FILING THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST FORMS ARE UPDATED AND SIGNED ANNUALLY (JANUARY BOARD MEETING) AND WHEN AN INDIVIDUAL BECOMES A TRUSTEE OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE PRESIDENT, VP-DEVELOPMENT, VP-PROGRAMS AND CFO IS DETERMINED BY EXECUTIVE COMMITTEE AND APPROVED BY BOARD OF TRUSTEES. MINUTES ARE KEPT FOR THE BOTH THE COMMITTEE AND BOARD MEETINGS. THE COMMITTEE USES DATA FROM 990'S OF COMPARABLE NONPROFITS IN THE AREA AND THE GUIDESTAR COMPENSATION REPORT. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR THE PRESIDENT, VP-DEVELOPMENT, VP-PROGRAMS AND CFO IS DETERMINED BY EXECUTIVE COMMITTEE AND APPROVED BY BOARD OF TRUSTEES. MINUTES ARE KEPT FOR THE BOTH THE COMMITTEE AND BOARD MEETINGS. THE COMMITTEE USES DATA FROM 990'S OF COMPARABLE NONPROFITS IN THE AREA AND THE GUIDESTAR COMPENSATION REPORT. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART X THE ORGANIZATION HAS ADOPTED THE PRINCIPLES OF FASB ASU NO. 2016-14 (ASC 958) FOR ITS AUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED JUNE 30, 2019. TO DATE, FORM 990 AND ITS ASSOCIATED SCHEDULES HAVE NOT BEEN UPDATED TO REFLECT CHANGES MADE BY THIS STANDARD. THUS, WE HAVE INCLUDED THE NET ASSET CATEGORIES IN OUR AUDITED FINANCIAL STATEMENTS ON EXISTING FORM 990, PART X, LINES 27-29 AS FOLLOWS: NET ASSETS WITHOUT DONOR RESTRICTIONS 9,770,357 NET ASSETS WITH DONOR RESTRICTIONS 14,704,967 ----------- TOTAL NET ASSETS 24,475,324 UNRESTRICTED NET ASSETS 9,770,357 PERMANENTLY RESTRICTED NET ASSETS 14,704,967 ----------- TOTAL NET ASSETS 24,475,324 FORM 990, PART XI, LINE 9 THRIFT SHOP COST OF GOODS SOLD 509,227 THRIFT SHOP COST OF GOODS SOLD -509,227