2020-07-10T08:28:17-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2018-07-01 363558710 URBAN VENTURES LEADERSHIP FOUNDATION URBA 6126381000 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 RENEE SHERMAN VP OF FINANCE 6126381000 2020-07-02 1 SARAH REICHLING P01587996 6123764500 2020-07-02 66.41.31.27 2020-07-02 13:29:16 CD P 39F506601BE52B1AEC27478C749FC3D7BEC65D0C B2546B713F7E481D53EBD38AC5C56AAB7076177B 2018 2021-01-29 14:40:06Z DAVID HAWN 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 9072878 0 X WWW.URBANVENTURES.ORG X 1987 MN TO EDUCATE KIDS, STRENGTHEN THEIR FAMILIES, AND BUILD A HEALTHY COMMUNITY. 14 14 106 547 -9 -9 3204029 7263685 177725 156083 504336 43073 495916 227773 4382006 7690614 0 0 0 0 2922439 2938263 0 0 648351 1908672 1829029 4831111 4767292 -449105 2923322 16003682 19031609 423770 525873 15579912 18505736 X URBAN VENTURES LEADERSHIP FOUNDATION ENVISIONS A CITY WITHOUT POVERTY BY EDUCATING KIDS, STRENGTHENING THEIR FAMILIES, AND BUILDING HEALTHY COMMUNITIES. 0 0 773850 0 115 FAMILY PROGRAMMING - URBAN VENTURES FAMILY PROGRAMMING OFFERS LIFE BLOOD; SIEMPRE PADRES, AND PATHWAYS. LIFE BLOOD IS DESIGNED TO HELP PARTICIPANTS BECOME A BETTER PARENT, PARTNER, AND PERSON. SIEMPRE PADRES ASSISTS FAMILIES WHO WANT TO GROW IN THEIR INTERPERSONAL RELATIONSHIPS AND LEARN NEW DYNAMICS TO BE EVEN BETTER PARENTS. PATHWAYS IS A DIVERSION PROGRAM, IN PARTNERSHIP WITH THE CITY ATTORNEY'S OFFICE, DESIGNED AS AN ALTERNATIVE FOR THOSE CHARGED WITH MISDEMEANOR GUN OFFENSES. MEN AND WOMEN ARE WELCOME TO PROGRAMS. CHILDCARE AND A MEAL ARE PROVIDED WITH EACH PROGRAM. THE PROGRAMS ARE OFFERED AT NO COST. 1,699 HOUSEHOLDS CAME TO URBAN VENTURES FOR SUPPORT AND CONNECTIONS TO COMMUNITY RESOURCES. 92% OF URBAN VENTURES FAMILIES IN PARENTING PROGRAMS CREATED A BUDGET THIS YEAR, MANY FOR THE FIRST TIME. 1002759 0 152661 YOUTH PROGRAMS - URBAN VENTURES YOUTH PROGRAMS INCLUDE UV ATHLETICS; MUSIC; AND UV COLLEGE & CAREER CENTER. EACH YEAR, 50+ FOUR YEAR, FULL TUITION, FULL-NEED SCHOLARSHIPS ARE PROVIDED TO EMERGING COMMUNITY LEADERS WHO WANT TO USE THEIR COLLEGE EDUCATION TO MAKE A POSITIVE IMPACT ON THEIR CAMPUS AND HOME COMMUNITY. THE SCHOLARS RECEIVE LEADERSHIP TRAINING AND ONGOING SUPPORT AS THEY LEARN TO LEAD FOR REAL. URBAN VENTURES ATHLETICS OFFERS YOUTH AGES 3-18 THE OPPORTUNITY TO BUILD CHARACTER THROUGH SOCCER OR BASKETBALL, EMPHASIZING BASIC SKILLS DEVELOPMENT, PLAYING AS A TEAM, AND LEADERSHIP. MUSIC ACADEMY OFFERS GUITAR AND PIANO LESSONS FOR YOUTH AGES 8-18 IN A SMALL GROUP SETTING. WE ALSO OFFER HIP HOP 4 LIFE, BEATS 4 LIFE, AND AN OPEN MIC NIGHT. 52 FOUR YEAR, FULL TUITION, FULL-NEED SCHOLARSHIPS WERE AWARDED THIS YEAR. 1,437 KIDS RECEIVED SUPPORT FROM URBAN VENTURES PROGRAMING THIS YEAR. 563015 0 0 EDUCATION AND LITERACY - ACADEMIC SUPPORT IS PROVIDED THROUGH ME & MY BABY!; AN AFTER SCHOOL PROGRAM; AND READING PLUS PROGRAM. ME AND MY BABY! PROVIDES PRACTICAL TOOLS TO HELP PARTICIPANTS NAVIGATE PREGNANCY AND TAKE CARE OF THEIR NEWBORN. IT ALSO TEACHES PARTICIPANTS HOW TO HELP THEIR BABY DEVELOP PHYSICALLY AND MENTALLY, PREVENTS ACCIDENTS, NUTRITION, ATTACHMENT AND MORE. THE AFTER SCHOOL SUPPORT IS AN ACADEMIC PROGRAM FOR STUDENTS IN GRADES 1-5 TO RECEIVE LITERACY SUPPORT AND HOMEWORK HELP TO STAY ON TRACK IN SCHOOL. SUPPORT IS PROVIDED IN BOTH ENGLISH AND SPANISH. THE PROGRAM ALSO FOCUSES ON DEVELOPING CHARACTER AND HEALTHY PEER RELATIONSHIPS. READING PLUS HELPS STUDENTS GROW AS READERS AND WRITERS. OUR TEAM WORKS WITH DEVELOPING READERS DURING THE SCHOOL DAY AT OUR NEIGHBORING SCHOOLS. ADDITIONALLY, THE PROGRAM PROVIDES BOTH AFTER SCHOOL AND SUMMER READING LESSONS. 90% OF URBAN VENTURES STUDENTS MADE GAINS IN READING THIS SUMMER, ON AVERAGE IMPROVING THEIR READING ACCURACY BY 20% IN ONLY EIGHT WEEKS. 456057 0 0 FARM, NUTRITION - URBAN VENTURES SOCIAL ENTERPRISE INITIATIVE TO FIGHT FOOD INJUSTICE IN INNER-CITY NEIGHBORHOODS. ORGANIC PRODUCE IS GROWN AND DISTRIBUTED AT REASONABLE PRICES TO FAMILIES WHO NEED ACCESS TO HEALTHY FOOD AND NUTRITION EDUCATION. WE OFFER WOOD FIRED PIZZA, BURRITOS, SALADS, AND MORE FROM OUR FOOD TRUCK. WE EMPLOY 15 HIGH SCHOOL STUDENTS FROM THE NEIGHBORHOOD TO GROW AND DISTRIBUTE FRESH PRODUCE TO URBAN VENTURES PARTICIPANTS. NEIGHBORHOOD RESIDENTS RECEIVE 50% OFF EVERYTHING WITH A FREE MEMBERSHIP. IN TOTAL, WE CONNECTED WITH 3,576 OF OUR NEIGHBORS THIS YEAR THROUGH RESOURCE FAIRS, OUR URBAN FARM OPERATION, COMMUNITY MEALS, AND MORE. 609684 0 3307 PROGRAM SERVICES - PROGRAM SERVICES SUPPORT ALL UV PROGRAMS THROUGH COMMUNITY OUTREACH IN ADDITION TO WORKING WITH VOLUNTEERS AND COMMUNITY PARTNERS. 547 VOLUNTEERS GENEROUSLY SERVED OUR COMMUNITY BY TUTORING, MENTORING, COACHING, GARDENING, AND APPLYING THEIR PROFESSIONAL SKILLS. WE PARTNER WITH 87 OTHER NONPROFITS, SCHOOLS, AND GOVERNMENT AGENCIES TO COORDINATE RESOURCES, INTERVENTIONS, AND SUPPORTS. 1065741 0 3307 3405365 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 61 0 106 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X X RENEE SHERMAN 6125459802 2924 FOURTH AVENUE SOUTH MINNEAPOLIS MN 55408 KATHRYN GRAVES UNGER CHAIR 1.00 X X 0 0 0 GAYLEN KNACK SECRETARY 1.00 X X 0 0 0 ROY FERBER TREASURER 1.00 X X 0 0 0 KAREN BAUMBERGER BOARD MEMBER 1.00 X 0 0 0 ANN FOLKMAN BOARD MEMBER 1.00 X 0 0 0 SHANNON FOREMAN BOARD MEMBER 1.00 X 0 0 0 EDWIN GAGE BOARD MEMBER 1.00 X 0 0 0 DENNIS GOULD BOARD MEMBER 1.00 X 0 0 0 DEAN HAGER BOARD MEMBER 1.00 X 0 0 0 LEAH MCLEAN BOARD MEMBER 1.00 X 0 0 0 MARK MORSE BOARD MEMBER 1.00 X 0 0 0 CARRIE PLACK BOARD MEMBER 1.00 X 0 0 0 JASON REED BOARD MEMBER 1.00 X 0 0 0 SHANEQUA WILLIAMS BOARD MEMBER 1.00 X 0 0 0 DAVID HAWN CEO 40.00 X 121855 0 13973 121855 0 13973 1 0 0 0 0 877813 3108 6382764 49257 7263685 PROGRAM FEES 611710 156083 156083 156083 3934 -9 3943 103662 103662 176248 0 176248 176248 176248 1241333 1202194 39139 39139 39139 93920 877813 160523 -66603 -66603 27774 19547 8227 8227 MISCELLANEOUS INCOME 900099 6239 6239 6239 7690614 156083 -9 270855 139290 34823 34823 69644 2315761 1657511 326954 331296 23221 17512 3348 2361 240620 174208 36216 30196 219371 154572 33911 30888 1171 1171 22361 22361 301648 253959 36565 11124 147030 114492 21420 11118 352985 261945 40925 50115 34533 28222 4811 1500 32692 9579 23113 21889 21889 450318 333360 49702 67256 102761 77229 10850 14682 OTHER EXPENSES 210406 192485 5552 12369 DUES AND FEES 87103 20289 54612 12202 MEALS/ENTERTAINMENT 64132 53290 7242 3600 4767292 3405365 713576 648351 142501 1238182 3751 150864 75000 2779912 97847 130340 0 24750 21143180 7984632 13548186 13158548 2136397 1549013 16003682 19031609 239951 249721 183819 276152 423770 525873 X 13539630 13678204 145000 4487630 1895282 339902 15579912 18505736 16003682 19031609 2923322 2502 0 X 0 1 X 1 0 X 5284038 3459253 4499850 3204029 6466645 22913815 5284038 3459253 4499850 3204029 6466645 22913815 7510614 15403201 297526 253236 454948 382555 283844 1672109 82464 25960 88900 149658 6238 353220 24939144 2634994 0.61760 0.70950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2136397 32944 1515948 653393 2136028 119546 119177 2136397 2507971 225620 597564 2136028 2827870 -186422 133477 2507971 1906157 1000000 15213 93500 2827870 0.47980 0.52020 0.00000 1 0 2545009 2545009 16773230 6288311 10484919 1791351 1696321 95030 33590 33590 13158548 INVESTMENT IN OKABENA-ENDOWMENT 1549013 F 1549013 X 7870683 180069 180069 7690614 0 7690614 4947361 180069 180069 4767292 0 4767292 PART V, LINE 4: PROVIDE OPERATIONAL FUNDS BY YEARLY BOARD DESIGNATED DRAW. PART X, LINE 2: URBAN VENTURES LEADERSHIP FOUNDATION IS EXEMPT FROM FEDERAL TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 170 OF THE SAME CODE. ACCORDINGLY, CONTRIBUTIONS QUALIFY FOR DEDUCTION TO THE EXTENT PROVIDED IN THAT CODE. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX ON RELATED INCOME. THE ORGANIZATION FOLLOWS APPLICABLE ACCOUNTING STANDARDS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 160,522. COST OF GOODS SOLD 19,547. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 160,522. COST OF GOODS SOLD 19,547. FALL EVENT 890960 814960 76000 22451 1533 75700 35734 GOLF EVENT 80773 62853 17920 17829 3525 3751 971733 877813 93920 40280 5058 75700 39485 160523 -66603 X 4 49257 FMV 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE TOTAL NUMBER OF CONTRIBUTIONS RECEIVED DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 IS PREPARED A MEETING WILL BE SCHEDULED WITH THE FINANCE COMMITTEE TO REVIEW THE 990. THEY WILL BE EMAILED THE 990 AT LEAST 4 DAYS BEFORE THE MEETING TO REVIEW IT. DURING THE MEETING, MEMBERS WILL HAVE THE ABILITY TO ASK QUESTIONS OF THE FINANCE DIRECTOR AND PROPOSE ANY CHANGES. ONCE THE CHANGES ARE MADE THE COMMITTEE WILL PASS A RESOLUTION TO FILE THE 990. THE FULL BOARD WILL THEN HAVE A CHANCE TO REVIEW THE 990 AND PROPOSE ANY CHANGES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS MONITORED THROUGH A REVIEW OF THE CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED TO BOARD AND OFFICERS ANNUALLY. THIS POLICY REQUIRES BOARD MEMBERS TO REPORT ANY CONFLICT OF INTEREST IMMEDIATELY TO THE CEO OR BOARD CHAIR. ANY BOARD MEMBER THAT HAS A CONFLICT OF INTEREST REGARDING A BOARD DECISION MAY NOT VOTE ON THAT DECISION, AND THEIR PRESENCE DOES NOT COUNT TOWARDS THE QUORUM REQUIREMENT. THE CONFLICT WILL ALSO BE DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTOR'S DETERMINES THE COMPENSATION OF THE CEO. THEY ARE ADVISED BY THE HEAD OF HR AND ALSO USE 3RD PARTY INFORMATION SUCH AS THE MN COUNCIL OF NON-PROFITS SALARY DATABASE TO DETERMINE THE APPROPRIATE COMPENSATION VALUE. THE CEO'S PAY IS DISCUSSED AT A BOARD MEETING WITHOUT THE CEO PRESENT AND ANY CHANGES ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2019. THE COMPENSATION FOR OTHER OFFICERS IS DETERMINED BY THE CEO AND HEAD OF HR. THEY USE PERFORMANCE DATA AS WELL AS 3RD PARTY DATA SUCH AS FROM THE MN COUNCIL OF NON-PROFITS SALARY DATABASE TO PERFORM REVIEWS OF COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.