2019-05-15T08:45:08-05:00 2018-06-30 310800053 CLARK SCHAEFER HACKETT & CO 1 EAST 4TH STREET CINCINNATI OH 45202 990 2017-07-01 814743008 CINCINNATI PRESCHOOL PROMISE LLC CINC 5132636762 2400 READING RD NO 220 CINCINNATI OH 45202 HECTOR POLANCO FINANCE MANAGER 5132636762 2019-05-10 1 JANE E PFEIFER P00014949 5132413111 2019-05-10 74.121.64.251 2019-05-10 09:02:16 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 43193D7E285FBB46672E0D2F2EDCC06EAB8A5FE8 2017 2019-02-21 02:37:17Z HECTOR POLANCO 2400 READING RD NO 220 CINCINNATI OH 45202 4097984 0 X HTTP://WWW.CINCY-PROMISE.ORG/ X 2016 OH THE ORGANIZATION'S MISSION IS TO EXPAND ACCESS TO QUALITY COMMUNITY PROVIDER PRESCHOOLS LOCATED WITHIN THE GEOGRAPHIC BOUNDARIES OF THE CINCINNATI CITY SCHOOL DISTRICT IN HAMILTON COUNTY, OHIO (THE "SCHOOL DISTRICT"). IT FOCUSES ON ACCESS TO QUALITY PRESCHOOLS BECAUSE ATTENDING A QUALITY PRESCHOOL IS CONSIDERED A KEY STEP TO PREPARING CHILDREN FOR FUTURE EDUCATIONAL ACHIEVEMENT. 15 15 7 15 0 0 1386209 4096925 0 0 0 0 0 1059 1386209 4097984 0 2169925 0 0 47082 515191 0 0 0 1125364 1364063 1172446 4049179 213763 48805 1360293 3484183 1146530 3221615 213763 262568 X THE ORGANIZATION'S MISSION IS TO EXPAND ACCESS TO QUALITY COMMUNITY PROVIDER PRESCHOOLS LOCATED WITHIN THE GEOGRAPHIC BOUNDARIES OF THE CINCINNATI CITY SCHOOL DISTRICT IN HAMILTON COUNTY, OHIO (THE "SCHOOL DISTRICT"). IT FOCUSES ON ACCESS TO QUALITY PRESCHOOLS BECAUSE ATTENDING A QUALITY PRESCHOOL IS CONSIDERED A KEY STEP TO PREPARING CHILDREN FOR FUTURE EDUCATIONAL ACHIEVEMENT. 0 0 2757174 2169925 TUITION ASSISTANCE:THE GOAL OF THE TUITION ASSISTANCE PROGRAM IS TO GIVE PRESCHOOL-AGE CHILDREN LIVING IN IMPOVERISHED CIRCUMSTANCES THE OPPORTUNITY TO ATTEND A HIGH QUALITY RATED PRESCHOOL. WITH THIS PRESCHOOL PREPARATION THE CHILDREN ARE PROJECTED TO REACH HIGHER LEVELS OF EDUCATIONAL ACHIEVEMENT IN KINDERGARTEN AND BEYOND. THE INCREASED EDUCATIONAL ACHIEVEMENT IS SEEN AS A KEY STEP IN IMPROVING THE CHILDREN'S LONG-TERM SOCIAL AND ECONOMIC OPPORTUNITIES.THE PROGRAM IS FOCUSED ON FIRST HELPING THOSE CHILDREN LIVING IN FAMILIES WITH INCOMES AT OR BELOW 200% OF THE FEDERAL POVERTY LEVEL AND THEN PROGRESSIVELY INCREASING THE NUMBER OF CHILDREN HELPED BY INCREASING THAT THRESHOLD. THE PROGRAM FUNDS ATTENDANCE AT HIGH QUALITY RATED PRESCHOOLS, WHICH ARE THOSE PRESCHOOLS THAT HAVE ACHIEVED A 3, 4, OR 5 STAR RATING IN THE OHIO STEP UP TO QUALITY (SUTQ) RATING SYSTEM.THE PROGRAM IS RESTRICTED TO HELPING CHILDREN BETWEEN THE AGES OF 3 AND 5 YEARS OF AGE WHO ARE NOT YET ELIGIBLE FOR KINDERGARTEN, BUT WHO ARE RESIDENTS OF THE GEOGRAPHIC AREAS ENCOMPASSED BY THE CINCINNATI PUBLIC SCHOOL DISTRICT (CPS) AND WHO ARE ENTITLED TO ATTEND CPS SCHOOL UNDER OHIO REV. CODE 3313.64, BUT CHOSE TO ATTEND A NON-CPS PRESCHOOL LOCATED WITHIN THE CPS BOUNDARIES. THESE NON-CPS PRESCHOOLS ARE COMMONLY REFERRED TO AS COMMUNITY PROVIDERS AND CAN INCLUDE PRESCHOOL PROGRAMS RECEIVING FEDERAL ASSISTANCE, OHIO GRANTS, AND EVEN PAROCHIAL AND NON-PAROCHIAL PRIVATE SCHOOLS.IN ORDER TO HELP THE LARGEST NUMBER OF CHILDREN FAMILIES ARE REQUIRED TO FIRST APPLY FOR AVAILABLE FEDERAL, STATE, AND LOCAL PRESCHOOL-RELATED FUNDING BEFORE BECOMING ELIGIBLE TO RECEIVE TUITION ASSISTANCE FUNDS. THIS ALLOWS THE PROGRAM TO BE LAST DOLLAR IN, THEREBY MAXIMIZING OTHER EXISTING SOURCES OF FUNDING. 331750 QUALITY IMPROVEMENTS:THE GOAL OF THE QUALITY IMPROVEMENT PROGRAM IS TO INCREASE THE NUMBER OF HIGH QUALITY RATED PRESCHOOL SEATS AVAILABLE WITHIN THE CPS GEOGRAPHIC BOUNDARIES. HIGH QUALITY RATED PRESCHOOLS ARE THOSE THAT HAVE ACHIEVED A 3, 4, OR 5 STAR RATING IN THE OHIO STEP UP TO QUALITY (SUTQ) RATING SYSTEM. THE NEED FOR AN INCREASE IN THE NUMBER OF AVAILABLE HIGH QUALITY RATED PRESCHOOL PROGRAMS IN CINCINNATI WAS CHRONICLED BY A RAND CORPORATION STUDY TITLED OPTIONS FOR INVESTING IN ACCESS TO HIGH QUALITY PRESCHOOL IN CINCINNATI AND PUBLISHED IN 2016.TO MEET ITS GOALS THE PROGRAM PROVIDES SERVICES, TRAINING, MATERIALS, AND ADVICE NEEDED FOR PRESCHOOLS TO ACHIEVE A 3, 4, OR 5 STAR SUTQ RATING. AS WITH TUITION ASSISTANCE, THE PROGRAM IS RESTRICTED TO PROVIDING ASSISTANCE WITHIN THE GEOGRAPHIC AREAS ENCOMPASSED BY THE CINCINNATI PUBLIC SCHOOL DISTRICT. 3088924 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X X HECTOR POLANCO 5132636762 2400 READING RD NO 220 CINCINNATI OH 45202 X FATHER MICHAEL J GRAHAM SJ BOARD CHAIR 1.00 X X 0 0 0 CHERYL ROSE CFP CFA BOARD TREASURER 1.00 X X 0 0 0 DEBORAH MARINER ALLSOP BOARD SECRETARY 1.00 X X 0 0 0 TERRI C ENGLAND BOARD MEMBER 1.00 X 0 0 0 CHRISTINE FISHER BOARD MEMBER 1.00 X 0 0 0 MICAH E KAMRASS BOARD MEMBER 1.00 X 0 0 0 GARY LINDGREN BOARD MEMBER 1.00 X 0 0 0 TOILYNN O'NEAL BOARD MEMBER 1.00 X 0 0 0 O'DELL MORENO OWENS MD MPH BOARD MEMBER 1.00 X 0 0 0 LAURA SANREGRET BOARD MEMBER 1.00 X 0 0 0 PASTOR ENNIS TAIT BOARD MEMBER 1.00 X 0 0 0 SALLIE WESTHEIMER BOARD MEMBER 1.00 X 0 0 0 STEVE SHIFMAN BOARD MEMBER 1.00 X 0 0 0 JASMINE JONES BOARD MEMBER 1.00 X 0 0 0 DR KIMYA MOYO BOARD MEMBER 1.00 X 0 0 0 JOHN E PEPPER BOARD MEMBER 1.00 X 0 0 0 STEPHANIE BYRD INTERIM EXECUTIVE DIRECTOR 30.00 X 0 0 0 HECTOR A POLANCO FINANCE DIRECTOR 50.00 X 24035 0 738 SHILOH TURNER EXECUTIVE DIRECTOR 50.00 X 0 0 0 24035 0 738 0 0 0 0 METRIX ADVISORS LLC 2499 WASHINGTON STREET DENVER CO 80205 ENROLLMENT DATABASE CREATION AND OPERATI 498814 1 4096335 590 4096925 OTHER REVENUE 900099 1059 1059 1059 4097984 0 0 1059 X 2169925 2169925 24773 8741 16032 435469 153661 281808 21158 13163 7995 33791 13460 20331 27197 14812 12385 9000 4901 4099 1070599 583052 487547 68828 15286 53542 15926 792 15134 23627 8255 15372 1231 584 647 55642 50019 5623 38150 38150 EQUIPMENT 37555 12742 24813 0 PRINTING & PUBLICATIONS 8887 1353 7534 MISCELLANEOUS 7421 28 7393 0 4049179 3088924 960255 0 564981 3365440 750312 4293 152600 38150 45000 114450 1360293 3484183 1146530 237318 0 2984297 1146530 3221615 X 193489 262568 20274 0 213763 262568 1360293 3484183 48805 0 X X 0 1 X 1 0 X 62374 590 62964 1323835 4096335 5420170 1386209 4096925 5483134 5483134 1059 1059 5484193 X PART II, SHORT YEAR EXPLANATION: 2016 WAS THE INITIAL YEAR RETURN. 152600 38150 114450 114450 REFUNDABLE ADVANCES 2984297 2984297 4104361 6377 6377 4097984 0 4097984 4055556 6377 6377 4049179 0 4049179 1 TUITION ASSITANCE 628 2169925 PART I, LINE 2: CINCINNATI PRESCHOOL PROMISE PROVIDES FINANCIAL SUPPORT TO HELP FAMILIES AFFORD QUALITY PRESCHOOLS. THE SUPPORT IS PAID DIRECTLY TO ELIGIBLE QUALITY PRESCHOOL PROVIDERS. THE ORGANIZATION PROVIDES ASSISTANCE TO ELIGIBLE FOUR AND THREE YEAR-OLD CHILDREN. WITHIN EACH AGE GROUPING THE ORGANIZATION FIRST HELPS CHILDREN LIVING IN FAMILIES WITH LOWER INCOMES, UP TO 200% OF THE FEDERAL POVERTY LEVEL (FPL), BEFORE HELPING THOSE LIVING IN FAMILIES WITH HIGHER INCOMES, UP TO 300% OF FPL. IF FUNDS REMAIN AVAILABLE AFTER THE PREVIOUSLY LISTED GROUPINGS HAVE BEEN HELPED, THE ORGANIZATION MAY SUPPORT CHILDREN WHO LIVE IN FAMILIES WITH EVEN LARGER INCOMES. THERE ARE A SERIES OF ELIGIBILITY REQUIREMENTS AND SUPPORT CALCULATIONS USED TO DETERMINE THE AMOUNT, IF ANY, THAT WILL BE PROVIDED AS TUITION ASSISTANCE FOR ANY GIVEN CHILD ATTENDING A QUALITY PRESCHOOL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS FIRST PREPARED AND REVIEWED JOINTLY BY CINCINNATI PRESCHOOL PROMISES' (CPP) PUBLIC ACCOUNTING FIRM AND CPP FINANCIAL MANAGER. SUBSEQUENTLY IT WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE AND AUDIT COMMITTEE. THE FINAL VERSION, AS APPROVED BY THE FINANCE AND AUDIT COMMITTEE WAS SENT TO THE MEMBERS OF THE BOARD OF MANAGERS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C DURING THIS FIRST YEAR IN EXISTENCE WE APPROVED A CONFLICT OF INTEREST POLICY. WITHIN A MONTH OF THE APPROVAL, BUT AFTER THIS FIRST FISCAL YEAR HAD CLOSED, WE STARTED MONITORING POTENTIAL CONFLICTS OF INTEREST BY REQUESTING ALL BOARD MEMBERS ANNUALLY COMPLETE FORMS DISCLOSING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 CINCINNATI PRESCHOOL PROMISE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE MOST RECENTLY AUDITED FINANCIALS STATEMENTS ARE AVAILABLE ON ITS WEBSITE AT WWW.CINCY-PROMISE.ORG. FORM 990, PART VII, SECTION A: DURING A TEMPORARY LEAVE TAKEN BY MR. GARY LINDGREN, THE UNITED WAY OF GREATER CINCINNATI ASKED MR. TIMOTHY J. FOGARTY TO ASSIST THE BOARD IN MR. LINDGREN'S STEAD. MR. FOGARTY GRACIOUSLY VOLUNTEERED HIS TIME AND EFFORT. FORM 990, PART VII, SECTION A: THE COMPLETED, OR EXPECTED IF STILL ON THE BOARD, TENURE OF BOARD MEMBERS IS AS FOLLOWS: I. FATHER MICHAEL J. GRAHAM, S.J. FATHER GRAHAM JANUARY 1, 2017 TO SEPTEMBER 30, 2019 II. CHERYL ROSE, CFP, CFA JANUARY 1, 2017 TO SEPTEMBER 30, 2021 III. DEBORAH MARINER ALLSOP JANUARY 1, 2017 TO SEPTEMBER 30, 2020 IV. TERRI C. ENGLAND JANUARY 1, 2017 TO SEPTEMBER 30, 2019 V. CHRISTINE FISHER MAY 1, 2018 TO SEPTEMBER 30, 2021 VI. MICAH E. KAMRASS JANURY 1, 2017 TO SEPTEMBER 30, 2019 VII. GARY LINDGREN JANUARY 1, 2017 TO SEPTEMBER 30, 2020 VIII. TOILYNN O'NEAL AUGUST 1, 2017 TO 30 SEPTEMBER 2019 IX. O'DELL MORENO OWENS, M.D., M.P. JANUARY 1, 2017 TO 30 SEPTEMBER 2020 X. JOHN E. PEPPER JANUARY 1, 2017 TO 30 SEPTEMBER 2018 XI. LAURA SANREGRET JANUARY 1, 2017 TO 30 SEPTEMBER 2021 XII. PASTOR ENNIS TAIT JANUARY 1, 2017 TO 30 SEPTEMBER 2020 XIII. SALLIE WESTHEIMER JANUARY 1, 2017 TO 30 SEPTEMBER 2019 XIV. DR. KIMYA MOYO JANUARY 1, 2017 TO 30 SEPTEMBER 2018 XV. STEVE SHIFMAN JANUARY 1, 2017 TO 30 AUGUST 2018 XVI. JASMINE JONES 1 JANUARY, 2017 TO APRIL 30, 2018 FORM 990, PART VII, SECTION A: DURING THE FISCAL YEAR THE UNITED WAY OF GREATER CINCINNATI RECEIVED $37,500 FOR SERVICES OF AN INTERIM EXECUTIVE DIRECTOR. STEPHANIE BYRD, A UNITED WAY EMPLOYEE AT THE TIME, SERVED IN THAT ROLE UNTIL SHILOH TURNER WAS HIRED AS THE CPP EXECUTIVE DIRECTOR. SHILOH TURNER WAS HIRED IN FEBRUARY 2018 AT AN ANNUAL SALARY OF $150,000. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 583,052. MANAGEMENT AND GENERAL EXPENSES 487,547. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,070,599. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED.