2019-10-24T15:07:38-05:00 2018-12-31 133842744 MBAF CPAS LLC 440 PARK AVE SOUTH NEW YORK NY 10016 990 2018-01-01 364829457 SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER INC SOCI 6179399900 10 MILK STREET NO 1010 BOSTON MA 02108 NAVJEET K BAL TREASURER 6179399900 2019-10-18 1 MARC TAUB P00236664 2125761400 139.194.23.100 2019-10-18 09:57:06 ED P 913AEF01DEF8EC71BF512CB8341D47D4D1ABF31F 9D77D5089F6CFDFA10E33FA204CA8B8BB51CC565 2018 2019-02-21 02:37:17Z TRACY PALANDJIAN 10 MILK STREET NO 1010 BOSTON MA 02108 229748 0 X WWW.SOCIALFINANCE.ORG X 2016 DE THE ORGANIZATION FURTHERS CHARITABLE PURPOSES BY LESSENING THE BURDENS OF GOVERNMENT OF THE STATE OF CONNECTICUT BY PROMOTING FAMILY STABILITY AND REDUCING FOSTER CARE UTILIZATION FOR FAMILIES IMPACTED BY PARENTAL SUBSTANCE USE. IT WILL ACCOMPLISH THESE GOALS BY PROVIDING IN-HOME ATTACHMENT-BASED PARENT-CHILD THERAPY AND CONTINGENCY MANAGEMENT SUBSTANCE USE TREATMENT DESIGNED TO SUPPORT SUBSTANCE AFFECTED FAMILIES, SUCH THAT THEY MAY THRIVE IN DRUG-FREE, SAFE AND STABLE HOMES. 3 0 0 3 0 0 0 0 0 227150 945 2598 0 0 945 229748 0 0 0 0 0 0 0 0 0 2341644 3000545 2341644 3000545 -2340699 -2770797 6641171 10298798 10095416 16523840 -3454245 -6225042 X THE ORGANIZATION FURTHERS CHARITABLE PURPOSES BY LESSENING THE BURDENS OF GOVERNMENT OF THE STATE OF CONNECTICUT BY PROMOTING FAMILY STABILITY AND REDUCING FOSTER CARE UTILIZATION FOR FAMILIES IMPACTED BY PARENTAL SUBSTANCE USE. IT WILL ACCOMPLISH THESE GOALS BY PROVIDING IN-HOME ATTACHMENT-BASED PARENT-CHILD THERAPY AND CONTINGENCY MANAGEMENT SUBSTANCE USE TREATMENT DESIGNED TO SUPPORT SUBSTANCE AFFECTED FAMILIES, SUCH THAT THEY MAY THRIVE IN DRUG-FREE, SAFE AND STABLE HOMES. 0 0 692876 YALE CHILD STUDY CENTER (YCSC): YCSC'S TWO FBR CLINICIAN TEAMS DELIVERED INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THESE TEAMS SERVED FAMILIES LOCATED IN CT DCF REGION 2 (NEW HAVEN). 688000 COMMUNITY MENTAL HEALTH AFFILIATES (CMHA): CMHA'S TWO FBR CLINICIAN TEAMS DELIVERED INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THESE TEAMS SERVED FAMILIES LOCATED IN CT DCF REGION 5 (WATERBURY, TORRINGTON, DANBURY). 344000 UNITED COMMUNITY & FAMILY SERVIES (UCFS): USFS' TWO FBR CLINICIAN TEAMS DELIVERED INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THESE TEAMS SERVED FAMILIES LOCATED IN CT DCF REGION 3 (NORWICH, WILLIMANTIC, MIDDLETOWN). 854964 227150 YALE CHILD STUDY CENTER (YCSC) - INTERVENTION PROVIDER: YCSC INTERVENTION PROVIDER CONTINUED TO OVERSEE THE IMPLEMENTATION OF FBR ACROSS THE CT FAMILY STABILITY PROJECT'S FOUR IMPLEMENTING AGENCIES (CMHA, UCFS, CHR & YCSC). YCSC INTERVENTION PROVIDER ASSISTED IN THE HIRING AND TRAINING OF CLINICAL STAFF FOR EACH FBR TEAM, AND ENGAGED IN WEEKLY CONSULTATION TO PROVIDE CLINICAL OVERSIGHT. ADDITIONALLY, YCSC STAFF ENGAGED IN DATA INTEGRATION AND ANALYSIS WORK TO CONSOLIDATE PROGRAMMATIC INFORMATION FLOWING FROM EACH OF THE FOUR AGENCIES, AND SHARE OUT WITH THE PROJECT'S INDEPENDENT THIRD-PARTY EVALUATION TEAM AT UNIVERSITY OF CONNECTICUT.EXPENSES $270,617UNIVERSITY OF CONNECTICUT HEALTH CENTER (UCONN): UCONN ACTED AS THE INDEPENDENT THIRD-PARTY EVALUATOR FOR THE CT FAMILY STABILITY PROJECT. IN THIS ROLE, THEY PROVIDED RESEARCH ASSISTANT SERVICES IN EACH OF THE THREE CT DCF REGIONS TO SUPPORT THE ONGOING RANDOMIZED CONTROLLED TRIAL (RCT). ADDITIONALLY, THE TEAM ENGAGED IN DATA INTEGRATION AND ANALYSIS WORK TO CONSOLIDATE AND PREPARE RESEARCH STUDY INFORMATION AND REPORTING REQUIRED AS PART OF THE CT FAMILY STABILITY PROJECT.EXPENSES $240,347; REVENUE $227,150COMMUNITY HEALTH RESOURCES (CHR): CHR'S FBR CLINICIAN TEAM DELIVERED INTENSIVE IN-HOME CLINICAL SERVICES TO FAMILIES INVOLVED WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (CT DCF) DUE TO PARENTAL SUBSTANCE USE. THIS TEAM SERVED FAMILIES LOCATED IN CT DCF REGION 3 (NORWICH, WILLIMANTIC, MIDDLETOWN). EXPENSES $344,000 854964 227150 2579840 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X JOHN WOODS 6179399900 10 MILK STREET 1010 BOSTON MA 02108 TRACY PALANDJIAN PRESIDENT 2.00 40.00 X X 0 229818 29853 LARA METCALF TREASURER THROUGH FEB 2018 2.00 40.00 X X 0 61147 1024 CASEY LITTLEFIELD SECRETARY 2.00 40.00 X X 0 150154 11835 NAVJEET K BAL TREASURER 2.00 40.00 X X 0 207814 27467 0 648933 70179 0 0 1 0 YALE CHILD STUDY CENTER 230 S FRONTAGE ROAD NEW HAVEN CT 06519 PROGRAM SERVICES; INTERVENTION PROVIDER 963493 COMMUNITY MENTAL HEALTH AFFILIATES 270 JOHN DOWNEY DR NEW BRITAIN CT 06051 PROJECT AND MANAGEMENT SERVICES 688000 UNITED COMMUNITY & FAMILY SERVICES 34 EAST TOWN STREET NORWICH CT 06360 PROJECT AND MANAGEMENT SERVICES 344000 COMMUNITY HEALTH RESOURCES 995 DAY HILL ROAD WINDSOR CT 06095 PROJECT AND MANAGEMENT SERVICES 344000 UNIVERSITY OF CONNECTICUT 195 FARMINGTON AVE SUITE 2040 FARMINGTON CT 06032 EVALUATION SERVICES 240347 5 OUTCOME PAYMENTS 900099 227150 227150 227150 2598 2598 229748 227150 0 2598 120000 120000 16000 16000 253374 253374 15645 15645 PROGRAM FEES 2579840 2579840 OTHER FEES 15686 15686 3000545 2579840 420705 0 212855 140937 475074 461684 5953242 9696177 6641171 10298798 27319 17667 5951870 9692207 3802152 6604584 314075 209382 10095416 16523840 X -3454245 -6225042 -3454245 -6225042 6641171 10298798 -2770797 0 X X 0 1 X 1 0 X 0 427 945 2598 3970 3970 227150 X 0 1 X 0 CT ESCROW 9696177 9696177 DUE TO RELATED PARTY 3941 INTEREST PAYABLE 205441 209382 X 15819885 16018827 16018827 -198942 428690 428690 229748 16595605 14023750 14023750 2571855 428690 428690 3000545 PART IV, LINE 2B: THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH THE CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES, A DEPARTMENT OF THE STATE OF CONNECTICUT ("THE AGENCY"), IN WHICH THE ORGANIZATION RECEIVES DEPOSITS FOR PURPOSES OF EITHER TRANSFERRING OUTCOME PAYMENTS TO SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC OR RETURNING FUNDS TO THE AGENCY, IN ACCORDANCE WITH THE INTERMEDIARY AGREEMENT. IN ACCORDANCE WITH THE INTERMEDIARY AGREEMENT, FUNDS WERE DEPOSITED INTO AN ESCROW WHICH, INCLUDING ACCUMULATED INTEREST, HAD A TOTAL BALANCE OF $9,696,177 AT DECEMBER 31, 2018. THESE OUTCOME PAYMENTS ARE DEFERRED, BECAUSE THEY ARE CONTINGENT ON THE SATISFACTION OF CERTAIN PERFORMANCE TARGETS WHICH MAY OR MAY NOT BE ACHIEVED. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. SHOULD THERE BE INTEREST ON UNDERPAYMENT OF INCOME TAX, THE ORGANIZATION WOULD CLASSIFY IT AS INTEREST EXPENSE. THE ORGANIZATION WOULD CLASSIFY PENALTIES IN CONNECTION WITH UNDERPAYMENT OF INCOME TAX AS OTHER EXPENSE. THE ORGANIZATION IS SUBJECT TO AUDIT BY TAX AUTHORITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINED UPON EXAMINATION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS FOR YEARS BEFORE 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES REPORTED ON SOCIAL FINANCE, INC. 13,775,568. REVENUES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC 2,038,632. REVENUES REPORTED ON SF MA PATHWAYS 2016 LLC REVENUES REPORTED ON SOCIAL FINANCE MA PATHWAYS II LLC 65,617. REV REPORTED ON SOCIAL FINANCE VENTURA COUNTY PROJECT TO SUPPORT REENTRY LLC 136,410. REV REPORTED ON VET COORDINATED APPROACHED TO RECOVERY AND EMPLOYMENT, INC. 2,600. PART XI, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 428,690. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED ON SOCIAL FINANCE, INC. 8,406,403. EXPENSES REPORTED ON SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 LLC 385,608. EXPENSES REPORTED ON MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC 3,545,139. EXPENSES REPORTED ON SF MA PATHWAYS 2016 LLC EXPENSES REPORTED ON SOCIAL FINANCE MA PATHWAYS II LLC 4,989. EXP REPORTED ON SOCIAL FINANCE VENTURA COUNTY PROJECT TO SUPPORT REENTRY LLC 575,885. EXP REPORTED ON VET COORDINATED APPROACHED TO RECOVERY AND EMPLOYMENT, INC. 1,105,726. PART XII, LINE 4B - OTHER ADJUSTMENTS: MANAGEMENT FEES 428,690. 0 0 0 0 0 0 0 0 0 TRACY PALANDJIAN PRESIDENT 0 200818 0 29000 0 0 0 6136 0 23717 0 259671 0 0 CASEY LITTLEFIELD SECRETARY 0 138154 0 12000 0 0 0 4189 0 7646 0 161989 0 0 NAVJEET K BAL TREASURER 0 186814 0 21000 0 0 0 5677 0 21790 0 235281 0 0 PART I, LINE 3 THE OFFICERS WERE COMPENSATED THROUGH A RELATED ORGANIZATION, SOCIAL FINANCE INC. COMPENSATION WAS ESTABLISHED BY COMPARISON OF FORM 990 OF OTHER ORGANIZATION, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SOCIAL FINANCE INC BUSINESS RELATIONSHIP 120000 MANAGEMENT SERVICES PROVIDED BY SOCIAL FINANCE INC. 0 FORM 990, PART VI, SECTION A, LINE 2 THE OFFICERS OF SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC WORK TOGETHER AT SOCIAL FINANCE, INC. SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC IS DIRECTLY CONTROLLED BY SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER, INC. FORM 990, PART VI, SECTION A, LINE 6 SOCIAL FINANCE, INC. IS THE SOLE MEMBER AND STOCKHOLDER FOR CT MANAGER. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS FOR SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER (CT MANAGER) STATE THAT THE BOARD OF DIRECTORS OF CT MANAGER SHALL BE ELECTED BY THE STOCKHOLDERS. SOCIAL FINANCE, INC. IS THE SOLE MEMBER AND STOCKHOLDER FOR CT MANAGER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED BY THE BOARD, THEN VIEWED BY SENIOR MANAGEMENT OF SOCIAL FINANCE INC. BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST POLICY STATEMENT IS DISTRIBUTED TO OFFICERS, DIRECTORS, AND MEMBERS OF ANY COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS FOR COMPLETION. ANY CONFLICT WILL BE DISCUSSED WITH THE INTERESTED PERSON AND THE GOVERNING BOARD BEFORE A DECISION IS MADE AS TO THE EXISTENCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. SOCIAL FINANCE CT FAMILY STABILITY 2016 LLC 10 MILK STREET 1010 BOSTON MA 02108 300936837 PROMOTE FAMILY STABILITY AND REDUCE FOSTER CARE UTILIZATION FOR FAMILIES DE 227150 602621 SOCIAL FINANCE CT FAMILY STABILITY 2016 MANAGER INC SOCIAL FINANCE INC 10 MILK STREET 1010 BOSTON MA 02108 274620963 MOBILIZE CAPITAL TO DRIVE SOCIAL PROGRESS. MA 501(C)(3) LINE 7 NONE 0 SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 LLC 10 MILK STREET 1010 BOSTON MA 02108 463851533 REDUCE RECIDIVISM AND INCREASE EMPLOYMENT OF THE FORMERLY INCARCERATED DE SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 MANAGER INC 0 0 MASSACHUSETTS PATHWAYS TO ECONOMIC ADVANCEMENT 2016 LLC 10 MILK STREET 1010 BOSTON MA 02108 320500335 INCREASE EDUCATION AND EMPLOYMENT ATTAINMENT FOR ADULT RECENT IMMIGRANTS DE SOCIAL FINANCE INC 0 0 SOCIAL FINANCE NY STATE WORKFORCE RE-ENTRY 2013 MANAGER INC 10 MILK STREET 1010 BOSTON MA 02108 371742609 REDUCE RECIDIVISM AND INCREASE EMPLOYMENT OF THE FORMERLY INCARCERATED. DE C 0 SOCIAL FINANCE DC TEEN PREGNANCY PREVENTION & EDUCATION ATTAINMENT 2014 MGR 10 MILK STREET 1010 BOSTON MA 02108 472268563 PREVENT TEEN PREGNANCY AND INCREASE EDUCATIONAL ATTAINMENT. DE C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0