2019-10-15T11:35:30-05:00 2019-05-31 450250958 EIDE BAILLY LLP 7001 E BELLEVIEW AVE STE 700 DENVER CO 80237 990 2018-06-01 841442909 YOUTHPOWER365 YOUT 9707772015 PO BOX 6550 AVON CO 81658 ROBERT J FORD CHIEF FINANCIAL OFFICER 9709491999 2019-10-14 1 KYLE FRITCH CPA P01313374 3037705700 2019-10-14 216.147.181.48 2019-10-14 18:17:24 MD P DD1F5D3B40192515AE30C85EA04746CF400AD555 38E7B26ACDED65A6206348105EC66FC115FD0A44 2018 2019-02-21 02:37:17Z ROBERT J FORD PO BOX 6550 AVON CO 81658 3803797 0 X WWW.VVF.ORG/EDUCATION/YOUTHPOWER365 X 1997 CO PREPARE CHILDREN IN NEED FOR SUCCESS IN LIFE THROUGH EDUCATION AND RECREATIONAL OPPORTUNITIES. 44 43 0 43 0 0 4125289 3583132 76605 140005 844 -1027 -179924 -222555 4022814 3499555 290752 233359 0 0 2117120 2075502 0 0 641266 1128450 963654 3536322 3272515 486492 227040 1900831 1997509 498907 368545 1401924 1628964 TO PREPARE CHILDREN IN NEED FOR SUCCESS IN LIFE THROUGH EDUCATION AND RECREATIONAL OPPORTUNITIES. 0 0 1844681 140005 PWR HRS - OPERATED AT INDIVIDUAL SCHOOLS, PWRHRS USES LOCAL TEACHERS AND FACILITIES COMBINED WITH A POWERFUL 6:1 STUDENT/TEACHER RATIO THAT ACCELERATES GROWTH FOR STUDENTS. PWRHRS PROVIDES EXTENDED LEARNING AND ENRICHMENT OPPORTUNITIES SUCH AS NUTRITION, CHARACTER BUILDING, ATHLETICS, DANCE, MUSIC AND ART FOR STUDENTS THREE TO FOUR DAYS PER WEEK. THE ADDITIONAL TIME SPENT ON ACADEMICS AND PARTICIPATING IN SAFE AFTER-SCHOOL ENRICHMENT ACTIVITIES IMPROVES ACADEMIC SCORES AND PROMOTES SOCIAL, EMOTIONAL AND PHYSICAL WELL-BEING. 545139 166359 PWR ON - WE BELIEVE THAT THERE IS NO BETTER GIFT THAN THE GIFT OF EDUCATION. EDUCATION BREAKS DOWN BARRIERS, OPENS DOORS THAT WOULD OTHERWISE BE CLOSED, AND ENABLES ALL CHILDREN TO REACH THEIR HIGHEST POTENTIAL. STILL, HIGHER EDUCATION IS NOT AN OPTION FOR EVERYONE. MANY CHILDREN IN EAGLE COUNTY LACK THE RESOURCES OR SUPPORT SYSTEMS NECESSARY TO PURSUE THE LEVEL OF EDUCATION THEY DESIRE. YOUTHPOWER365 BRIDGES THESE GAPS OF RESOURCES AND SUPPORT THROUGH A COMBINATION OF PRE-COLLEGIATE PROGRAMMING, SCHOLARSHIP COLLABORATION, APPRENTICESHIPS, AND INTERNSHIPS. OUR PROGRAMS HELP STUDENTS TO ENVISION THEIR DREAMS AND SEIZE THE VAST OPPORTUNITIES BEFORE THEM. 103184 67000 PWR UP - THE YEARS BEFORE A CHILD REACHES KINDERGARTEN ARE AMONG THE MOST CRITICAL IN INFLUENCING HIS OR HER LEARNING. PWRUP INITIATIVES ENSURE THAT EVERY CHILD, FROM BIRTH THROUGH AGE FIVE, HAS ACCESS TO THE TOOLS NEEDED TO ESTABLISH A STRONG EARLY LEARNING FOUNDATION. PWRUP EARLY CHILDHOOD ACADEMIC PROGRAMS INCLUDE: THE MAGIC BUS (MOBILE PRE-SCHOOL), PARENT MENTORS (PARENTAL ENGAGEMENT, CLASSROOM VOLUNTEERISM, PROFESSIONAL DEVELOPMENT) PROVIDED IN CONJUNCTION WITH LEARN THROUGH PLAY (EARLY CHILDHOOD EDUCATION FOR PARENT MENTORS' INFANT/TODDLERS), AND SUCCESS AT SIX (KINDERGARTEN SCHOLARSHIPS). PWRUP PROGRAMS ARE TAUGHT IN A NURTURING, BILINGUAL SETTING. 2493004 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 41 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 44 43 1 1 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 0 0 0 CO X HEIDI ELZINGA 9707772015 90 BENCHMARK ROAD STE 300 AVON CO 81620 MICHAEL IMHOF PRESIDENT/CHIEF EXECUTIVE OFFICER 10.00 45.00 X X 0 331008 17082 ANN SMEAD CHAIRMAN 0.50 1.00 X X 0 0 0 ANDY ARNOLD BOARD MEMBER 0.50 1.00 X 0 0 0 JOHN ARNOLD BOARD MEMBER 0.50 1.00 X 0 0 0 HANS BERGLUND BOARD MEMBER 0.50 1.00 X 0 0 0 SAM BRONFMAN BOARD MEMBER 0.50 1.00 X 0 0 0 SUSAN CAMPBELL BOARD MEMBER 0.50 1.00 X 0 0 0 CHARLENE CHEN BOARD MEMBER 0.50 1.00 X 0 0 0 STEVE COYER BOARD MEMBER 0.50 1.00 X 0 0 0 ANDY DALY BOARD MEMBER 0.50 1.00 X 0 0 0 RON DAVIS BOARD MEMBER 0.50 1.00 X 0 0 0 MATT DONOVAN BOARD MEMBER 0.50 1.00 X 0 0 0 BILL ESREY BOARD MEMBER 0.50 1.00 X 0 0 0 JOHANNES FAESSLER BOARD MEMBER 0.50 1.00 X 0 0 0 TIM FINCHEM BOARD MEMBER 0.50 1.00 X 0 0 0 STEVE FRIEDMAN BOARD MEMBER 0.50 1.00 X 0 0 0 MARGIE GART BOARD MEMBER 0.50 1.00 X 0 0 0 DONNA GIORDANO BOARD MEMBER 0.50 1.00 X 0 0 0 SHEIKA GRAMSHAMMER BOARD MEMBER 0.50 1.00 X 0 0 0 MICHAEL HERMAN BOARD MEMBER 0.50 1.00 X 0 0 0 BETH HOWARD BOARD MEMBER 0.50 1.00 X 0 0 0 AL HUBBARD BOARD MEMBER 0.50 1.00 X 0 0 0 BJ HYBL BOARD MEMBER 0.50 1.00 X 0 0 0 CHRISTOPHER JARNOT BOARD MEMBER 0.50 1.00 X 0 0 0 GEORGE JOHNSON BOARD MEMBER 0.50 1.00 X 0 0 0 ALEXIA JURSCHAK BOARD MEMBER 0.50 1.00 X 0 0 0 ANNE-MARIE KEANE BOARD MEMBER 0.50 1.00 X 0 0 0 DOUG LOVELL BOARD MEMBER 0.50 1.00 X 0 0 0 SARAH MILLETT BOARD MEMBER 0.50 1.00 X 0 0 0 ELLEN MORITZ BOARD MEMBER 0.50 1.00 X 0 0 0 KAIA MORITZ BOARD MEMBER 0.50 1.00 X 0 0 0 DAN PENNINGTON BOARD MEMBER 0.50 1.00 X 0 0 0 JILL PLANCHER BOARD MEMBER 0.50 1.00 X 0 0 0 MICHAEL PRICE BOARD MEMBER 0.50 1.00 X 0 0 0 KEN SCHANZER BOARD MEMBER 0.50 1.00 X 0 0 0 MIKE SHANNON BOARD MEMBER 0.50 1.00 X 0 0 0 ROD SLIFER BOARD MEMBER 0.50 1.00 X 0 0 0 HAP STEIN BOARD MEMBER 0.50 1.00 X 0 0 0 KRISTIN TANG BOARD MEMBER 0.50 1.00 X 0 0 0 FRED TRESCA BOARD MEMBER 0.50 1.00 X 0 0 0 MARY WEBSTER BOARD MEMBER 0.50 1.00 X 0 0 0 BETSY WIEGERS BOARD MEMBER 0.50 1.00 X 0 0 0 GARY WOODWORTH BOARD MEMBER 0.50 1.00 X 0 0 0 KRISTY WOOLFOLK BOARD MEMBER 0.50 1.00 X 0 0 0 ROBERT J FORD CHIEF FINANCIAL OFFICER 10.00 45.00 X 0 206643 24124 0 537651 41206 0 0 1 0 0 1369451 338000 141443 1734238 252328 3583132 PROGRAM REVENUE 611710 134747 134747 5258 5258 140005 1525 1525 2552 -2552 -2552 -2552 79135 1369451 301690 -222555 -222555 3499555 140005 0 -223582 67000 67000 166359 166359 1705886 1372046 5917 327923 40219 26778 13441 244481 150779 3159 90543 84916 59350 25566 2153 2153 22100 22100 152212 127770 24442 187365 31764 4314 151287 55949 1136 24532 30281 31406 1200 30206 113642 110526 1485 1631 102920 95776 6550 594 52624 52624 5370 5370 PRODUCTION COSTS 158328 158328 TRAINING AND EDUCATION 79585 71568 8017 3272515 2493004 138245 641266 1192226 1321512 271566 252330 45 350 45517 96417 485111 158211 210694 326900 180783 0 1900831 1997509 139784 140171 359123 182743 0 45631 498907 368545 X 686344 1401924 942620 1401924 1628964 1900831 1997509 227040 0 X 0 1 X 1 0 X 2465938 4001339 2167790 4125289 3583132 16343488 2465938 4001339 2167790 4125289 3583132 16343488 3368640 12974848 1134 1124 592 844 1525 5219 16348707 1839977 0.79360 0.78950 X SCHEDULE A, PART III: THE ORGANIZATION FILED A SHORT YEAR RETURN FOR THE PERIOD OCTOBER 1, 2016 TO MAY 31, 2017, EFFECTIVELY CHANGING THEIR ACCOUNTING PERIOD FROM A FISCAL YEAR ENDING SEPTEMBER 30TH TO A FISCAL YEAR ENDING MAY 31ST. IN ORDER TO PROPERLY REFLECT THE ORGANIZATION'S PUBLIC CHARITY STATUS AND PUBLIC SUPPORT FOR THE PURPOSES OF SCHEDULE A, PART III (SUPPORT SCHEDULE FOR ORGANZIATION'S DESCRIBED IN SECTION 509(A)(2)), THE ORGANIZATION IS REPORTING THEIR ACTIVITY FOR FISCAL YEARS ENDING SEPTEMBER 30, 2015 THROUGH SEPTEMBER 30, 2016, THE ACTIIVTY FOR THE SHORT YEAR ENDING MAY 31, 2017, AND THE ACTIVITY FOR FISCAL YEARS ENDED MAY 31, 2018 AND 2019 FOR THE FIVE YEAR PUBLIC SUPPORT COMPUTATION ON SCHEDULE A. 335111 158211 176900 150000 150000 326900 DUE TO VAIL VALLEY FOUNDATION 45631 45631 X 3867337 365230 365230 3502107 -2552 -2552 3499555 3637745 365230 365230 3272515 0 3272515 PART X, LINE 2: YOUTHPOWER365 IS ORGANIZED AS COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). YOUTHPOWER365 HAS BEEN DETERMINED TO NOT BE A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI). YOUTHPOWER365 IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. YOUTHPOWER365 HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS STATED SEPARATELY ON AUDITED FINANCIALS -2,552. SDG 1274796 1203621 71175 60875 77421 123253 4372 FASHION SHOW 154171 146211 7960 1379 19329 12086 2975 1 19619 19619 1448586 1369451 79135 62254 96750 135339 7347 301690 -222555 1 EAGLE COUNTY SCHOOL DISTRICT 948 CHAMBERS AVE EAGLE CO 81631 846012253 GOVERNMENT ENTITY 67000 SCHOLARSHIPS TO FAMILIES IN EAGLE COUNTY IN NEED FOR QUALIFIED FULL-DAY KINDERGARTEN 1 0 SCHOLARSHIPS 92 166359 PART I, LINE 2: THE SUCCESS AT SIX PROGRAM PARTNERS DIRECTLY WITH THE EAGLE COUNTY SCHOOL DISTRICT AND GRANTS SCHOLARSHIPS TO FAMILIES IN NEED WHO WISH TO HAVE THEIR CHILD ATTEND A QUALIFIED FULL-DAY KINDERGARTEN PROGRAM. YOUTHPOWER365 WORKS DIRECTLY WITH THE EAGLE COUNTY SCHOOL DISTRICT FOR DETERMINATION OF THE AMOUNT OF GANT FUNDS TO BE DISTRIBUTED. GRANT FUNDS ARE PAID DIRECTLY TO THE SCHOOL DISTRICT WHO THEN APPLIES FUNDS TO THE APPROPRIATE INDIVIDUAL. NO FOLLOW UP IS DEEMED NECESSARY. STUDENTS APPLY VIA OUR DOLLARS FOR SCHOLARS ONLINE PLATFORM. EACH STUDENTS COMPLETES THEIR PROFILE AND BASED ON THAT INFORMATION MATCHES TO SCHOLARSHIPS THEY ARE ELIGIBLE TO APPLY FOR. ALL STUDENTS THAT FULLY COMPLETE THE ONLINE PROFILE HAVE AN INTERVIEW WITH OUR STAFF. BASED ON THE INFORMATION IN A STUDENT'S PROFILE AND THE INTERVIEW, WE PROVIDE SCHOLARSHIPS TO AWARDED STUDENTS. ONCE A STUDENT IS AWARDED A SCHOLARSHIP THEY ARE REQUIRED TO SEND US PROOF OF ENROLLMENT, AND THE MAILING ADDRESS FOR THEIR SCHOOLS FINANCIAL AID DEPARTMENT. WE THEN SEND THE SCHOLARSHIP FOR THAT STUDENTS DIRECTLY TO THEIR SCHOOL, SO IT CAN BE APPLIED TO THEIR ACCOUNT. FOR MULTI-YEAR SCHOLARSHIP STUDENTS ARE REQUIRED, AT THE END OF THE SCHOOL YEAR, TO SEND US A UPDATE AS TO HOW THEIR YEAR HAS GONE, AS WELL AS A COPY OF THEIR TRANSCRIPTS. WE USE THIS INFORMATION TO MAKE SURE THEY ARE IN COMPLIANT WITH THE SCHOLARSHIP REQUIREMENTS, GPA ABOVE 3.0, FOR EXAMPLE. ONCE WE RECEIVE THIS INFORMATION FOR A REOCCURRING SCHOLARSHIP STUDENT WE CAN SEND THE NEXT PAYMENT OF THEIR SCHOLARSHIP DIRECTLY TO THE SCHOOL. 0 0 0 0 0 0 0 0 0 MICHAEL IMHOF PRESIDENT/CHIEF EXECUTIVE OFFICER 0 277968 0 53040 0 0 0 0 0 18169 0 349177 0 0 ROBERT J FORD CHIEF FINANCIAL OFFICER 0 191643 0 15000 0 0 0 7842 0 17758 0 232243 0 0 PART I, LINE 3 YOUTHPOWER365 RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THESE METHODS TO ESTABLISH THE COMPENSATION OF OFFICERS. X 1 9424 COST OR SELLING PRICE X 12 169027 MARKET VALUE X GIFT CERT.,GOODS, OTHER ITEMS 7 73877 COST OR SELLING PRIC 0 0 1 1 PART I, LINE 32B: THE ORGANIZATION USED AN AUCITON GALLERY TO SELL ONE DONATED PAINTING. FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT AND CHIEF FINANCIAL OFFICER ARE EMPLOYED BY VAIL VALLEY FOUNDATION, A RELATED EXEMPT ORGANIZATION. MEMBERS OF THE BOARD ARE ALSO MEMBERS OF THE BOARD OF DIRECTORS OF VAIL VALLEY FOUNDATION. THEREFORE, BUSINESS RELATIONSHIPS EXIST BETWEEN THESE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 3 YOUTHPOWER365 (YP) ENTERED INTO A MANAGEMENT PLAN WITH VAIL VALLEY FOUNDATION (VVF), A RELATED ORGANIZATION, IN WHICH VVF ASSUMED THE MANAGEMENT AND ADMINISTRATIVE DUTIES OF YP. INCLUDED IN THIS AGREEMENT, VVF AND YP RECONSTITUTED THEIR BOARD OF DIRECTORS. EACH ENTITY OPERATES SEPARATELY UNDER A COMMON BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A YOUTHPOWER365'S BOARD OF DIRECTORS ARE ALSO THE BOARD OF DIRECTORS OF VAIL VALLEY FOUNDATION, A RELATED TAX-EXEMPT ORGANIZATION. PART VI, LINE 6 AND LINES 7A-B: ALTHOUGH YOUTHPOWER365 DOES NOT HAVE ANY MEMBERS OR STOCKHOLDERS, THEIR BOARD OF DIRECTORS ARE ELECTED BY VAIL VALLEY FOUNDATION (VVF), A RELATED NONPROFIT ORGANIZATION. EACH BOARD MEMBER SERVING ON THE VVF'S BOARD OF DIRECTORS SHALL AT THE SAME TIME SERVE AS MEMBERS OF THE BOARD OF DIRECTORS OF THE YOUTHPOWER365. FORM 990, PART VI, SECTION A, LINE 8B YOUTHPOWER365 DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE AUDIT COMMITTEE CHAIRMAN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND OTHER TOP MANAGEMENT OFFICIALS. THE EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST SHALL BE DISCLOSED TO THE CFO AND/OR THE BOARD OF DIRECTORS, WHO SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IN THE EVENT A CONFLICT OF INTEREST DOES EXISTS, THE CFO AND/OR BOARD OF DIRECTORS WILL DETERMINE WHETHER OR NOT THE INDIVIDUAL WITH THE CONFLICT SHOULD BE RECUSED FROM THE DELIBERATION ON THE MATTER AND WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR AND REASONABLE TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT OFFICIAL, TOP FINANCIAL OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES ARE COMPENSATED BY VAIL VALLEY FOUNDATION, A RELATED ORGANIZATION, THAT HAS A COMPENSATION COMMITTEE COMPOSED OF BOARD MEMBERS THAT MEETS AT THE END OF EACH YEAR. PRIOR TO THE MEETING, THE CFO PROVIDES THE COMMITTEE WITH A PACKAGE SUMMARIZING COMPENSATION INFORMATION, WHICH CONTAINS COMPARABLE COMPENSATION DATA FOR THESE POSITIONS. AT THE MEETING THEY DETERMINE IF THEY WILL APPROVE ANY COMPENSATION ADJUSTMENTS FOR THE CEO, OTHER OFFICERS, AND KEY EMPLOYEES FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART V, LINE 2A AND PART IX: YOUTHPOWER365 HAS A MANAGEMENT PLAN AGREEMENT WITH VAIL VALLEY FOUNDATION (VVF), A RELATED TAX EXEMPT ORGANIZATION. AS A RESULT, VVF IS THE EMPLOYER FOR PURPOSES OF PAYING WAGES AND BENEFITS. THE COMPENSATION, BENEFITS, AND PAYROLL TAXES REPORTED ON LINES 7, 8, 9, AND 10 OF PART IX REPRESENT ALLOCATED AMOUNTS PAID BY VVF AS PART OF THE MANAGEMENT PLAN AGREEMENT. IN ADDITION, YOUTHPOWER 365 IS NOT REPORTING ANY PAID EMPLOYEES ON FORM 990, PART V, LINE 2 BECAUSE OF THE RELATIONSHIP WITH VVF AS STATED ABOVE. VAIL VALLEY FOUNDATION PO BOX 6550 AVON CO 81620 742215035 ENHANCING THE QUALITY OF LIFE IN VAIL VALLEY CO 501(C)(3) LINE 11 N/A 0 VILAR CENTER FOR THE ARTS FOUNDATION PO BOX 3822 AVON CO 81620 841316133 PROMOTE AND DEVELOP APPRECIATION OF THE ARTS IN THE VAIL VALLEY AREA CO 501(C)(3) LINE 7 VAIL VALLEY FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1