URBAN ALLIANCE FOUNDATION INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- URBAN ALLIANCE FOUNDATION INC (EIN 52-1938443)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-06-10
- IRS object ID
- 201901619349300400
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-06-10T06:32:09-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 111986323 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW SUITE 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521938443 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE URBAN ALLIANCE FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | URBA | BusinessNameControlTxt |
| Phone | 2024594300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2030 Q STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ESHAUNA SMITH | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2024594300 | PhoneNum |
| Signature | 2019-06-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2022274000 | PhoneNum |
| Preparation | 2019-06-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 47.19.127.190 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-06-10 | IPDt |
| IP Tm | 06:32:05 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B9A2C5FBBCA55672FA04EB4323245C44E5B3DA96 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ESHAUNA SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2030 Q STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,559,509 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEURBANALLIANCE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO EMPOWER ECONOMICALLY-DISADVANTAGED YOUTH TO ASPIRE, WORK, AND SUCCEED THROUGH PAID INTERNSHIPS, PROFESSIONAL SKILLS TRAINING, AND MENTORING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 1426 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,791 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,250,769 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,645,819 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,776,979 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,653,652 | CYProgramServiceRevenueAmt |
| PY Investment Income | $36,065 | PYInvestmentIncomeAmt |
| CY Investment Income | $54,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $5,863 | CYOtherRevenueAmt |
| PY Total Revenue | $9,063,813 | PYTotalRevenueAmt |
| CY Total Revenue | $10,359,594 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $21,368 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,205 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,819,036 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,456,994 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $140,472 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $79,224 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $565,111 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,797,381 | PYOtherExpensesAmt |
| CY Other Expenses | $4,446,796 | CYOtherExpensesAmt |
| PY Total Expenses | $7,778,257 | PYTotalExpensesAmt |
| CY Total Expenses | $9,020,219 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,285,556 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,339,375 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,311,118 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,181,608 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $710,507 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,327,366 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,600,611 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,854,242 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE URBAN ALLIANCE FOUNDATION, INC. (THE FOUNDATION) PLACES PUBLIC SCHOOL STUDENTS FROM ECONOMICALLY DISADVANTAGED COMMUNITIES IN EMPLOYMENT ENVIRONMENTS WHERE THEY WILL BE EXPOSED TO BOTH PROFESSIONAL AND PERSONAL DEVELOPMENT THROUGH PROFESSIONAL SKILLS TRAINING, MENTORING BY CARING ADULTS, AND PAID INTERNSHIPS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,075,609 | ExpenseAmt |
| Grant | $37,205 | GrantAmt |
| Revenue | $4,114,629 | RevenueAmt |
| Desc | WORKFORCE DEVELOPMENT PROGRAMS: WORKFORCE DEVELOPMENT PROGRAMS PRIMARILY REPRESENTS THE FOUNDATION'S HIGH SCHOOL INTERNSHIP PROGRAM (HSIP). THE HIGH SCHOOL INTERNSHIP PROGRAM IS A YOUTH EMPLOYMENT PROGRAM OPEN TO DC, BALTIMORE, CHICAGO, ALEXANDRIA AND ARLINGTON, VIRGINIA, AND MONTGOMERY COUNTY, MARYLAND AND DETROIT, MI PUBLIC AND CHARTER SCHOOL SENIORS WHO ARE ELIGIBLE FOR A HALF-DAY SCHEDULE. STUDENTS WORK IN PAID INTERNSHIPS, ATTEND LIFE-SKILLS AND JOB READINESS WORKSHOPS, AND RECEIVE COLLEGE/CAREER PLANNING ASSISTANCE. THE FOUNDATION ALSO FACILITATES OTHER INTERNSHIP PROGRAMS FOR NON-HIGH SCHOOL YOUTH VIA CONTRACTS WITH OTHER ORGANIZATIONS. THESE PROGRAMS ARE MODELED AFTER THE HSIP IN THAT YOUTH ARE PROVIDED PAID INTERNSHIPS AND RECEIVE LIFE-SKILLS AND JOB READINESS TRAINING. THE FOUNDATION HAS RECOGNIZED THE NEED TO CONNECT WITH YOUTH EARLIER IN THEIR HIGH SCHOOL CAREERS AS PART OF A BROADER STRATEGY TO PREVENT DISENGAGEMENT. IN THREE OUT OF FIVE REGIONS, THE FOUNDATION ALSO OFFERS WORKFORCE READINESS TRAINING TO UNDERCLASSMEN. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,248,345 | ExpenseAmt |
| Revenue | $784,161 | RevenueAmt |
| Desc | YOUTH PROGRAMS: YOUTH PROGRAMS IS COMPRISED OF CURRICULUM OUTREACH AND ALUMNI SERVICES. IN AN EFFORT TO SERVE MORE STUDENTS, THE FOUNDATION HAS MADE ITS CURRICULUM AND TRAINING SESSIONS FOR YOUTH EMPLOYMENT EDUCATION AVAILABLE TO OUTSIDE ORGANIZATIONS ON A LIMITED BASIS, PROVIDED THAT PROJECT SCOPES AND ORGANIZATIONS ALIGN WITH THE FOUNDATION'S MISSION. THE FOUNDATION'S CURRICULUM WILL BE SELECTED AND MODIFIED, IF NECESSARY, TO MEET THE NEEDS OF THE PROJECT. THE FOUNDATION RECEIVES REVENUE FOR AN ORGANIZATION'S USE OF THE FOUNDATION'S CURRICULUM, PROFESSIONAL FEES FOR THE FOUNDATION STAFF, AND EXPENSES NECESSARY TO EXECUTE THE PROJECT. ALUMNI SERVICES PROVIDES GRADUATES OF THE FOUNDATION'S HSIP WITH SUPPORT DURING POST-HIGH SCHOOL YEARS. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, EDUCATION AND CAREER COUSELING, PAID SUMMER INTERNSHIPS, AND COMMUNITY AND BUSINESS NETWORKING OPPORTUNITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,006,576 | ExpenseAmt |
| Revenue | $682,063 | RevenueAmt |
| Desc | PROGRAM DEVELOPMENT: PROGRAM DEVELOPMENT REFERS TO ACTIVITIES DESIGNED TO INCREASE THE QUANTITY AND QUALITY OF THE FOUNDATION'S PROGRAMS. REPLICATION ACTIVITIES ARE DESIGNED TO INCREASE THE QUANTITY OF YOUTH SERVED BY THE FOUNDATION'S PROGRAMS BY FINDING NEW AND INNOVATIVE WAYS TO DELIVER PROGRAMS IN CURRENT AREAS SERVED AS WELL AS BY EXPANDING TO OFFER PROVEN PROGRAM MODELS IN NEW AREAS. THE QUALITY OF ALL THE FOUNDATION'S PROGRAMS IS IMPROVED THROUGH EVALUATION ACTIVITIES DESIGNED TO IDENTIFY STRENGTHS AND AREAS FOR GROWTH THAT INFORM THE FOUNDATION'S PROGRAM OPERATIONS. EVALUATION ACTIVITIES INCLUDE EXPERIMENTAL DESIGN STUDIES WITH THE URBAN INSTITUTE AS WELL AS SHORT TERM OUTCOME EVALUATIONS THAT ALLOW THE FOUNDATION TO IMPROVE PROGRAM QUALITY AND DELIVER IMPROVED SERVICES TO YOUTH. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,330,530 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1426 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ESHAUNA SMITH | PersonNm |
| Phone | 2024594300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2030 Q STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20009 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MARY MENELL ZIENTS | |||||||
| BOARD CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREW PLEPLER | |||||||
| BOARD VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KAREN LEDER BOARD SEC UNTIL | |||||||
| 09/2018, BOARD MEMBER AS OF 09/2018 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GREG DESAUTELS | |||||||
| BOARD SECRETARY AS OF 09/2018 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KWASI MITCHELL | |||||||
| BOARD TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KAREN CAMPBELL | |||||||
| BOARD MEMBER UNTIL 12/2018 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE CHARENDOFF | |||||||
| BOARD MEMBER UNTIL 12/2018 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLY DIBBLE | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GARY GINSBERG | |||||||
| BOARD MEMBER UNTIL 12/2018 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE GREGORY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS KILAVOS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TOM NIDES | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VERONICA NOLAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHANDRA PAPPAS | |||||||
| BOARD MEMBER UNTIL 12/2018 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHAHIN REZAI | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SONAL SHAH | |||||||
| BOARD MEMBER UNTIL 12/2018 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ESHAUNA SMITH | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | $160,508 | $0 | $32,696 | ||
| MEAGHAN WOODBURY | |||||||
| CHIEF OPERATING OFFICER | 40.00 | $118,969 | $0 | $8,124 | Yes (X) | ||
| JOSE SOUSA | |||||||
| CHIEF ADMINISTRATIVE OFFICER | 40.00 | $116,451 | $0 | $3,466 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $395,928 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $44,286 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE URBAN INSTITUTE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 LENFANT PLAZA SW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | RANDOMIZED CONTROL TRIAL OF INTERN PROGR | ServicesDesc |
| Compensation | $483,372 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $1,918 | FederatedCampaignsAmt |
| All Other Contributions | $4,643,901 | AllOtherContributionsAmt |
| Total Contributions | $4,645,819 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| STUDENT SPONSORSHIPS | 900099 | $2,570,469 | $2,570,469 |
| I3 SCALING/VALIDATION | 900099 | $2,417,213 | $2,417,213 |
| OUTSOURCED PROGRAMS | 900099 | $665,970 | $665,970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,653,652 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,175 | TotalRevenueColumnAmt |
| Exclusion | $54,175 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $200,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $199,915 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $85 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $85 | TotalRevenueColumnAmt |
| Exclusion | $85 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| REIMBURSED EXPENSES | 900099 | $4,863 | $4,863 |
| MISCELLANEOUS INCOME | 900099 | $1,000 | $1,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,863 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,359,594 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,653,652 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $60,123 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,205 | TotalAmt |
| Program Services | $37,205 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,204 | TotalAmt |
| Program Services | $125,582 | ProgramServicesAmt |
| Management And General | $42,505 | ManagementAndGeneralAmt |
| Fundraising | $25,117 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,312,071 | TotalAmt |
| Program Services | $2,939,897 | ProgramServicesAmt |
| Management And General | $47,792 | ManagementAndGeneralAmt |
| Fundraising | $324,382 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,090 | TotalAmt |
| Program Services | $58,698 | ProgramServicesAmt |
| Management And General | $1,032 | ManagementAndGeneralAmt |
| Fundraising | $4,360 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,803 | TotalAmt |
| Program Services | $366,138 | ProgramServicesAmt |
| Management And General | $6,129 | ManagementAndGeneralAmt |
| Fundraising | $29,536 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,826 | TotalAmt |
| Program Services | $448,030 | ProgramServicesAmt |
| Management And General | $7,237 | ManagementAndGeneralAmt |
| Fundraising | $30,559 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381 | TotalAmt |
| Program Services | $348 | ProgramServicesAmt |
| Management And General | $10 | ManagementAndGeneralAmt |
| Fundraising | $23 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,284 | TotalAmt |
| Program Services | $56,863 | ProgramServicesAmt |
| Management And General | $1,637 | ManagementAndGeneralAmt |
| Fundraising | $3,784 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,224 | TotalAmt |
| Fundraising | $79,224 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200 | TotalAmt |
| Management And General | $200 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $577,771 | TotalAmt |
| Program Services | $567,511 | ProgramServicesAmt |
| Management And General | $1,387 | ManagementAndGeneralAmt |
| Fundraising | $8,873 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432 | TotalAmt |
| Program Services | $432 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,742 | TotalAmt |
| Program Services | $54,312 | ProgramServicesAmt |
| Management And General | $1,991 | ManagementAndGeneralAmt |
| Fundraising | $7,439 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,218 | TotalAmt |
| Program Services | $150,466 | ProgramServicesAmt |
| Management And General | $2,201 | ManagementAndGeneralAmt |
| Fundraising | $7,551 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,422 | TotalAmt |
| Program Services | $347,311 | ProgramServicesAmt |
| Management And General | $9,996 | ManagementAndGeneralAmt |
| Fundraising | $23,115 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,619 | TotalAmt |
| Program Services | $184,886 | ProgramServicesAmt |
| Management And General | $1,380 | ManagementAndGeneralAmt |
| Fundraising | $11,353 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,045 | TotalAmt |
| Program Services | $14,649 | ProgramServicesAmt |
| Management And General | $421 | ManagementAndGeneralAmt |
| Fundraising | $975 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,575 | TotalAmt |
| Program Services | $18,784 | ProgramServicesAmt |
| Management And General | $541 | ManagementAndGeneralAmt |
| Fundraising | $1,250 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| STUDENT INTERNSHIPS | $2,690,758 | $2,690,758 | ||
| TRAINING & ACTIVITIES | $235,582 | $235,582 | ||
| MISCELLANEOUS | $23,396 | $18,331 | $5,065 | |
| DUES,FEES,SUBSCRIPTIONS | $17,371 | $14,747 | $2,505 | $119 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,020,219 | TotalAmt |
| Program Services | $8,330,530 | ProgramServicesAmt |
| Management And General | $124,578 | ManagementAndGeneralAmt |
| Fundraising | $565,111 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,567 | BOYAmt |
| EOY | $65,985 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,548,806 | BOYAmt |
| EOY | $4,444,987 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,833,473 | BOYAmt |
| EOY | $2,209,155 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,334 | BOYAmt |
| EOY | $1,955,967 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,028 | BOYAmt |
| EOY | $451 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,570 | BOYAmt |
| EOY | $54,281 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $152,901 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $115,381 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,565 | BOYAmt |
| EOY | $37,520 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,200,901 | BOYAmt |
| EOY | $1,207,565 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,321 | BOYAmt |
| EOY | $189,022 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,553 | BOYAmt |
| EOY | $16,675 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,311,118 | BOYAmt |
| EOY | $10,181,608 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,597 | BOYAmt |
| EOY | $406,523 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $367,324 | BOYAmt |
| EOY | $865,543 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,586 | BOYAmt |
| EOY | $55,300 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $710,507 | BOYAmt |
| EOY | $1,327,366 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,293,755 | BOYAmt |
| EOY | $3,816,368 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,306,856 | BOYAmt |
| EOY | $5,037,874 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,600,611 | BOYAmt |
| EOY | $8,854,242 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,311,118 | BOYAmt |
| EOY | $10,181,608 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,339,375 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$85,744 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,345,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,389,617 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,398,470 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,250,769 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,645,819 | CurrentTaxYearAmt |
| Total | $21,030,238 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,345,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,389,617 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,398,470 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,250,769 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,645,819 | CurrentTaxYearAmt |
| Total | $21,030,238 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,568,290 | SubstantialContributorsTotAmt |
| Public Support Total170 | $16,461,948 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,868 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,380 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,839 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,460 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $54,175 | CurrentTaxYearAmt |
| Total | $171,722 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $182 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,279 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $1,000 | CurrentTaxYearAmt |
| Total | $3,461 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $21,205,421 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,703,811 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.77630 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81500 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS - 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 182. 2016 AMOUNT: $ 2,279. 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 1,000. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,524 | OtherCostOrOtherBasisAmt |
| Depreciation | $64,004 | DepreciationAmt |
| Book Value | $37,520 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,377 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,377 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $37,520 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE OBLIGATION | $37,230 |
| DEFERRED RENT | $18,070 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $55,300 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,648,503 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$85,744 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $374,853 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $289,109 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,359,394 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $200 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $200 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,359,594 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,394,872 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $374,853 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $374,853 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,020,019 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $200 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $200 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,020,219 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2018, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORR & ASSOCIATES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 K STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING STRATEGY AND DEVELOPMENT PLANNING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $79,224 | RetainedByContractorAmt |
| Net To Organization | -$79,224 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $79,224 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$79,224 | TotalNetToOrganizationAmt |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INTERN SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 25 | RecipientCnt |
| Cash Grant | $37,205 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN 2018, THE FOUNDATION AWARDED TWO TYPES OF SCHOLARSHIPS IN CONJUNCTION WITH THIRD PARTIES. ONE SCHOLARSHIP, THE INTERN EXCELLENCE SCHOLARSHIP, REQUIRES NOMINATIONS FROM THE INTERNS' JOB SITE MENTORS AND/OR REGIONAL PROGRAM STAFF. NOMINATORS SUBMIT DOCUMENTATION HIGHLIGHTING THE INTERN'S ACHIEVEMENTS DURING THE INTERNSHIP. REGIONAL FOUNDATION PROGRAM TEAMS REVIEW ALL NOMINATIONS AND SELECT THE SCHOLARSHIP RECIPIENT(S). THE SECOND SCHOLARSHIP IS SPONSORED BY MURIEL MAIGNAN-WILKINS AND IS OPEN TO ALL DC INTERNS WHO MUST APPLY AND PROVIDE AN ESSAY. THE FOUNDATION'S STAFF ACCUMULATES APPLICATIONS AND SENDS THEM TO MRS. WILKINS FOR HER REVIEW. MRS. WILKINS DETERMINES THE NUMBER AND AMOUNT OF SCHOLARSHIP WINNERS. VARIOUS REGIONAL OFFICES HAVE ADDITIONAL SCHOLARSHIPS AWARDED BASED UPON OTHER PERFORMANCE FACTORS SUCH AS MOST IMPROVED INTERN OR INTERN WHO BEST EMBODIES THE FOUNDATION'S CORE VALUES. THESE SCHOLARSHIPS RECIPIENTS ARE SELECTED SOLELY BY FOUNDATION STAFF. THE SCHOLARSHIPS PROVIDED BY THE FOUNDATION WERE PAID DIRECTLY TO THE INSTITUTION OF HIGHER LEARNING AND WERE TYPICALLY APPLIED TO TUITION EXPENSES FOR THE INTERN'S FIRST SEMESTER OF COLLEGE. THE FOUNDATION'S ALUMNI SERVICES TEAM CONDUCTED PERIODIC CHECK-INS TO DETERMINE THE COLLEGE PERSISTENCE OF THE PROGRAM'S ALUMNI. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ESHAUNA SMITH | PersonNm |
| Title | CHIEF EXECUTIVE OFFICER | TitleTxt |
| Base Compensation Filing Org | $159,360 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $1,148 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $29,576 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $3,120 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $193,204 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | A $25,000 BONUS WAS ACCRUED AS A RENTENTION BONUS FOR THE CEO, AS APPROVED BY THE BOARD CHAIRPERSON. THIS AMOUNT WAS DETERMINED BASED UPON THE EVALUATION OF THE CEO'S PERFORMANCE AT THE COMPLETION OF THE THE 2017/2018 PROGRAM YEAR AND AT THE START OF THE 2018/2019 PROGRAM YEAR AS OF 12/31/2018. THE AMOUNT EARNED AS OF 12/31/2018 WAS DETERMINED BY THE BOARD CHAIRPERSON BASED UPON THE ESTIMATED LEVEL OF COMPLETION OF ESTABLISHED MANAGMENT AND PROGRAM MILESTONES AS APPROVED BY THE BOARD EXECUTIVE COMMITTEE IN 2017. THE TOTAL ELIGIBLE RETENTION BONUS POOL IS $40,0000 AND FINAL DETERMINATION OF PAYOUT WILL BE DETERMINED BY THE BOARD EXECUTIVE COMMITTEE AT THE COMPLETION OF THE 2018/2019 PROGRAM YEAR. PAYOUT OF ALL AMOUNTS EARNED IS EXPECTED IN OCTOBER 2019. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | 2025 MASSACHUSETTS AVENUE LLC | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | MARY ZIENTS IS THE BOARD CHAIR OF THE FOUNDATION AND A MEMBER OF THE LLC. | RelationshipDescriptionTxt |
| Transaction | $245,229 | TransactionAmt |
| Transaction | THE FOUNDATION LEASES SPACE AT 2030 Q STREET, NW IN WASHINGTON, DC. 2025 MASSACHUSETTS AVENUE, LLC OWNS THE BUILDING AND LICENSES THE USE OF OFFICE SPACE TO THE FOUNDATION. MARY AND JEFFREY ZIENTS ARE THE SOLE MEMBERS OF THE LLC, AND MARY ZIENTS SERVES AS THE MANAGER OF THE LLC. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | WHILE COMMITTEES EXIST, THEY DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. A WRITTEN SUMMARY OF COMMITTEE ACTIVITIES IS PRESENTED AT BOARD MEETINGS, AND KEY MATTERS ARE VOTED UPON BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE DIRECTOR AND ACCOUNTING MANAGER WORK JOINTLY TO EXECUTE THE FOUNDATION'S ACCOUNTING AND FINANCE FUNCTIONS. THE FINANCE DIRECTOR COORDINATES THE ANNUAL AUDIT AND COMPLETION OF THE FEDERAL FORM 990 BY THE FOUNDATION'S OUTSIDE CPA FIRM, MARCUM, LLP. THE ACCOUNTING AND FINANCE RESPONSIBILITIES OF BOTH THE FINANCE DIRECTOR AND ACCOUNTING MANAGER ARE DOCUMENTED IN THE EMPLOYMENT AGREEMENT AND JOB DESCRIPTION, RESPECTIVELY, KEPT IN THE PERSONNEL FILES. ONCE THE AUDIT IS COMPLETE, THE AUDIT STAFF OF MARCUM, LLP PROVIDES AUDITED FINANCIAL DATA TO THE TAX DEPARTMENT AT MARCUM LLP WHO PREPARES A DRAFT COPY OF THE FEDERAL FORM 990. IN ADDITION, MARCUM, LLP PREPARES A LIST OF ADDITIONAL INFORMATION REQUIRED FOR THE FEDERAL FORM 990, WHICH THE FINANCE DIRECTOR PROVIDES DIRECTLY TO THE TAX STAFF. A DRAFT COPY OF THE FEDERAL FORM 990 IS SENT TO THE FINANCE DIRECTOR FOR REVIEW. THE FINANCE DIRECTOR ENSURES THAT ALL FINANCIAL FIGURES INCLUDED ON THE FEDERAL FORM 990 CORRESPOND TO FINANCIAL DATA GIVEN TO THE AUDITORS AND REVIEWS THE ANSWERS TO THE NON-FINANCIAL QUESTIONS FOR PROPRIETY. ANY QUESTIONS IN REGARD TO THE AMOUNTS APPEARING ON THE FEDERAL FORM 990 ARE DISCUSSED WITH MARCUM, LLP. ANY NECESSARY CHANGES ARE MADE AND A REVISED DRAFT IS GENERATED BY MARCUM, LLP AND SENT TO THE FINANCE DIRECTOR FOR SECONDARY REVIEW. ONCE THE REVISED DRAFT IS APPROVED BY THE FINANCE DIRECTOR, IT IS THEN REVIEWED IN DETAIL WITH THE FOUNDATION'S CHIEF EXECUTIVE OFFICER (CEO). THE FINANCE DIRECTOR POINTS OUT HOW THE TOTAL OF OPERATIONS AND STATEMENT OF FINANCIAL POSITION FROM THE AUDIT HAVE BEEN PROPERLY INCLUDED ON THE FEDERAL FORM 990. THE FINANCE DIRECTOR AND THE CEO THEN REVIEW THE FEDERAL FORM 990 ON A LINE BY LINE BASIS, ENSURING THAT THE ANSWERS TO THE NON-FINANCIAL QUESTIONS ARE INDEED ANSWERED APPROPRIATELY BASED UPON THE ORGANIZATION'S ACTIVITIES. AN ADDITIONAL REVIEW OF THE DRAFT FEDERAL FORM 990 IS PERFORMED BY THE BOARD-ESTABLISHED FINANCE COMMITTEE, WHICH CONSISTS OF THE BOARD CHAIR, THE BOARD TREASURER ,THE BOARD SECRETARY, THE CEO, THE CHIEF OPERATING OFFICER (COO), AND THE FINANCE DIRECTOR. ONCE THE FINANCE COMMITTEE'S APPROVAL IS OBTAINED, THE DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL DURING A REGULARLY SCHEDULED MEETING. ONCE FINAL APPROVAL FROM THE BOARD OF DIRECTORS IS OBTAINED, MARCUM, LLP IS NOTIFIED THAT THE FINAL FEDERAL FORM 990 CAN BE E-FILED. THE CEO PROVIDES MARCUM, LLP WITH SIGNED ELECTRONIC AUTHORIZATION TO FILE THE FINAL FEDERAL FORM 990. MARCUM, LLP THEN ELECTRONICALLY FILES THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE AND PROVIDES THE FOUNDATION WITH A FINAL PDF COPY OF THE FEDERAL FORM 990, WHICH IS KEPT FOR THE FOUNDATION'S OFFICE RECORDS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION'S CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS IS PRESENTED FOR APPROVAL TO THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. AFTER APPROVAL, EACH MEMBER SIGNS THE ACKNOWLEDGEMENT AND RETURNS IT TO THE OFFICE OF THE CEO FOR RETENTION. ANY DISCLOSED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIRPERSON FOR RESOLUTION AND POTENTIAL DISCUSSION AT AN UPCOMING BOARD MEETING. INCOMING BOARD MEMBERS RECEIVE THIS POLICY AS PART OF A BOARD ORIENTATION PACKAGE AND ARE REQUIRED TO REVIEW AND SIGN THE POLICY. THE FOUNDATION'S CONFLICT OF INTEREST POLICY FOR EMPLOYEES IS INCLUDED IN THE EMPLOYEE CULTURE MANUAL. THE EMPLOYEE CULTURE MANUAL IS POSTED ON THE FOUNDATION'S SHARED NETWORK DRIVE. DURING A NEW EMPLOYEE'S ORIENTATION PERIOD, THE CHIEF ADMINISTRATIVE OFFICER (CAO)/HUMAN RESOURCES MANAGER (HRM) REVIEWS INFORMATION CONTAINED IN THE EMPLOYEE CULTURE MANUAL AND THE EMPLOYEE MANUAL WITH THE NEW EMPLOYEE. NEW EMPLOYEES ARE REQUIRED TO READ THE EMPLOYEE CULTURE MANUAL AND THE EMPLOYEE MANUAL AND SIGN AN ACKNOWLEDGMENT THAT THEY HAVE READ AND UNDERSTOOD POLICIES OUTLINED THEREIN. WHEN CHANGES TO THE EMPLOYEE CULTURE MANUAL AND/OR EMPLOYEE MANUAL ARE MADE, THE CAO/HRM ARE RESPONSIBLE FOR PROPERLY COMMUNICATING SUCH CHANGES TO ALL STAFF. ON AN ANNUAL BASIS, THE FOUNDATION CONDUCTS A STAFF RETREAT AWAY FROM THE OFFICE. ONE OF MANY TOPICS COVERED DURING THE RETREAT IS THE HIGH EXPECTATION FOR PROFESSIONAL CONDUCT FOR ALL STAFF. INTEGRAL TO THE FOUNDATION'S SUCCESS IS THE ARDENT FOLLOWING OF THE FOUNDATION'S CORE VALUES. THE FOUNDATION'S CORE VALUES ARE DEFINED IN THE EMPLOYEE CULTURE MANUAL AND ARE VISIBLY POSTED AROUND THE FOUNDATION'S OFFICES. ONE OF THESE CORE VALUES IS "DEDICATION TO MISSION AND RESULTS FROM MISSION" WHICH IS DEFINED AS "MAKING DECISIONS BASED UPON THE MISSION AND VISION." ON AN ANNUAL BASIS, ALL EMPLOYEES RECEIVE A PERFORMANCE REVIEW. AS PART OF THIS REVIEW, ALL STAFF ARE EVALUATED BASED UPON CORE COMPETENCIES RELATED TO HIS/HER POSITION. A SECTION OF THIS EVALUATION IS DIRECTED AT DETERMINING HOW WELL AN EMPLOYEE'S CONDUCT SUPPORTS THE CORE VALUES OF THE ORGANIZATION AND HOW WELL A STAFF MEMBER CONDUCTS HIMSELF/HERSELF IN A PROFESSIONAL-LIKE MANNER. WHEN AN EMPLOYEE LEAVES THE FOUNDATION, THE CAO/HRM CONDUCTS AN EXIT INTERVIEW WITH THE STAFF EMPHASIZING THEIR RESPONSIBILITIES TO REPRESENT THE FOUNDATION IN A PROFESSIONAL MANNER AND THAT ALL THE FOUNDATION PROPERTY THAT WAS IN THEIR USE MUST REMAIN AT THE FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 15A | ON AN ANNUAL BASIS, THE CEO/COO/CAO PERFORM A LANDSCAPE REVIEW OF COMPENSATION FOR KEY MANAGERS AND PERSONNEL OF THE FOUNDATION. THE CEO/COO/CAO MAY CONSULT WITH OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR MISSION, STAFF, AND BUDGET SIZE TO INQUIRE ON COMPENSATION LEVELS OF KEY EMPLOYEES. THE CEO PRESENTS THE INFORMATION GATHERED TO THE BOARD CHAIR TO APPROVE EXISTING COMPENSATION RANGES OR, IF WARRANTED, TO APPROVE AN INCREASE FOR EACH LEVEL OF STAFF. FOR THE CEO'S COMPENSATION, THE BOARD CHAIR, MARY ZIENTS, CONDUCTS A COMPARATIVE ANALYSIS OF COMPENSATION RATES OF OTHER AREA NON-PROFIT EXECUTIVE DIRECTORS AND CEOS. MS. ZIENTS PRESENTS HER FINDINGS TO THE BOARD EXECUTIVE COMMITTEE, AND THEY DETERMINE THE COMPENSATION LEVEL FOR THE CEO BASED UPON JOB RESPONSIBILITIES, PROGRESS TOWARD ORGANIZATIONAL WIDE GOALS, AND MARKET COMPARABLE SALARIES. THE CEO'S COMPENSATION, AS RECOMMENDED BY THE BOARD EXECUTIVE COMMITTEE, IS PRESENTED FOR APPROVAL AT A REGULARLY SCHEDULED BOARD MEETING FOR APPROVAL. THE APPROVED COMPENSATION IS RELAYED TO THE CEO IN WRITING DURING AN ANNUAL PERFORMANCE REVIEW. MS. ZIENTS HAS READY ACCESS TO COMPARABLE SALARY DATA AS SHE HAS SERVED AS A MEMBER OF THE BOARD OF DIRECTORS FOR SEVERAL LOCAL NON-PROFIT ORGANIZATIONS, SERVED AS THE CHAIR OF THE PRESIDENT'S COMMISSION ON WHITE HOUSE FELLOWS, SERVED AS THE CHAIR OF THE FUND RAISING COMMITTEE OF THE NELSON MANDELA CHILDREN'S FUND USA, CO-OPERATED HER OWN FAMILY FOUNDATION, AND IS DEEPLY INVOLVED IN THE PHILANTHROPIC COMMUNITY. THE NEW SALARY OF THE CEO, AS APPROVED BY THE EXECUTIVE COMMITTEE, WAS DISCLOSED AND RATIFIED BY THE FULL UA BOARD DURING A REGULARLY SCHEDULED MEETING IN DECEMBER, 2018. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION DOES NOT PUBLICLY POST GOVERNING DOCUMENTS OR THE CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY IS INCORPORATED INTO THE EMPLOYEE MANUAL WHICH IS POSTED INTERNALLY ON THE FOUNDATION'S SHARED NETWORK DRIVE. AS PART OF THE GRANT WRITING PROCESS, POTENTIAL FUNDERS MAY REQUEST ADDITIONAL INFORMATION FROM THE FOUNDATION. AFTER APPROVAL OF THE CEO, THE FOUNDATION PROVIDES REQUESTED DOCUMENTATION SUCH AS AN IRS DETERMINATION LETTER, AUDITED FINANCIAL STATEMENTS, FEDERAL FORMS 990, ETC. TO A REQUESTING FUNDER. THE FOUNDATION POSTS ITS LATEST AUDITED FINANCIAL STATEMENTS AND FEDERAL FORM 990 TO ITS WEBSITE. THE FOUNDATION POSTS AN ANNUAL REPORT TO ITS WEBSITE. THIS REPORT INCLUDES CONDENSED INFORMATION FROM THE AUDITED FINANCIAL STATEMENTS. |