2019-08-06T14:25:03-05:00 2018-08-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2017-09-01 061597902 FRIENDS OF THE CHILDREN NEW YORK FRIE 2128656942 204A WEST 115TH STREET NEW YORK NY 10026 GARY CLEMONS EXECUTIVE DIRECTOR 2128656942 2019-08-06 1 GARRETT M HIGGINS P00543209 9143818900 2019-08-06 65.51.112.58 2019-08-06 14:24:59 ED 2624232019196034be07 2019-07-15 P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9616F4B14A694591D1E716C270910E6FA5556DA3 2017 2019-02-21 02:37:17Z X GARY CLEMONS 204A WEST 115TH STREET NEW YORK NY 10026 2889262 0 X WWW.FRIENDSOFTHECHILDRENNY.ORG X 2000 NY TO CHANGE THE DESTINY OF NEW YORK CITY'S MOST VULNERABLE CHILDREN ONE CHILD AT A TIME. 23 23 38 30 0 16383 1760424 2802816 0 0 1496 961 -159418 -157973 1602502 2645804 0 0 0 0 1405700 1270388 0 0 92918 431256 548596 1836956 1818984 -234454 826820 889692 1657030 198362 138880 691330 1518150 X WE SPEND SIX WEEKS OBSERVING ALL KINDERGARTENERS IN OUR PARTNER SCHOOLS, THREE IN HARLEM AND THREE IN THE SOUTH BRONX. WORKING WITH TEACHERS, PRINCIPALS AND GUIDANCE COUNSELORS WE RANK ALL THE KINDERGARTENERS IN TERMS OF THE RISK FACTORS THEY FACE. WE BEGIN ENROLLING CHILDREN STARTING FROM THE BOTTOM OF THE LIST, THOSE FACING THE HIGHEST NUMBER OF RISK FACTORS. EACH ACHIEVER IS PAIRED WITH A FULL-TIME, PAID, PROFESSIONAL YOUTH ADVOCATE (CALLED A "FRIEND") FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION. THE FRIEND SPENDS FOUR HOURS EACH WEEK, ONE-ON-ONE WITH EACH OF THE EIGHT ACHIEVERS ON THEIR CASELOAD. FRIENDS SPEND TIME INSIDE THE ACHIEVER'S CLASSROOM AND ON ENRICHMENT OUTINGS THROUGHOUT THE CITY. 0 0 1484011 FRIENDS OF THE CHILDREN NY HAS ONE PROGRAM, IT'S MENTORSHIP PROGRAM. FRIENDS NY SELECTS THE HIGHEST-RISK CHILDREN IN CENTRAL HARLEM AND THE SOUTH BRONX AND COMMITS TO WORKING WITH THEM FOR 12.5 YEARS - KINDERGARTEN TO HIGH SCHOOL GRADUATION - NO MATTER WHAT. OUR PROGRAM PROVIDES EACH CHILD (ACHIEVER) WITH A PROFESSIONAL SALARIED MENTOR (FRIEND) TO GUIDE AND NURTURE THEM THROUGH THE MANY CHALLENGES THEY WILL FACE IN LIFE. OUR FRIENDS WORK WITH EACH OF THEIR ACHIEVERS YEAR-ROUND, 4 HOURS A WEEK 16 HOURS A MONTH. FRIENDS BECOME A CONSISTENT PART OF ACHIEVERS' LIVES, HELPING THEM IMPROVE THEIR ACADEMIC PERFORMANCE, BUILD POSITIVE PEER RELATIONSHIPS, AND DEVELOP CRITICAL LIFE SKILLS. IN FY18, FRIENDS OF THE CHILDREN SERVED 152 CHILDREN. OUR SUCCESS AND IMPACT ARE MEASURED AGAINST OUR 3 LONG-TERM GOALS FOR EACH ACHIEVER; TO GRADUATE HIGH SCHOOL, AVOID THE JUVENILE JUSTICE SYSTEM, AND AVOID TEENAGE PARENTHOOD. HISTORICALLY, 91% OF OUR YOUTH GRADUATE HIGH SCHOOL, 95% AVOID THE JUVENILE JUSTICE SYSTEM AND 94% AVOID EARLY PARENTING. 1484011 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 0 0 1 6 0 38 1 1 1 0 0 0 0 1 1 0 0 0 0 X 23 23 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X GARY CLEMONS EXECUTIVE DIRECTOR 2128656942 204A WEST 115TH STREET NEW YORK NY 10026 JOAN D ROSENTHAL CHAIR PERSON 3.00 X X 0 0 0 HON KATHLEEN A ROBERTS VICE CHAIRPERSON 1.00 X X 0 0 0 JAMES I MCCLAMMY VICE CHAIRPERSON 1.00 X X 0 0 0 PAUL M LEWIS TREASURER 1.00 X X 0 0 0 JAMES ISELIN SECRETARY 1.00 X X 0 0 0 KATHLEEN MAURELLA BOARD MEMBER 1.00 X 0 0 0 PATRICK D MCGRATH BOARD MEMBER 1.00 X 0 0 0 MARTHA UCKO BOARD MEMBER 1.00 X 0 0 0 KENNETH R EPSTEIN BOARD MEMBER 1.00 X 0 0 0 MATTHEW LANDY BOARD MEMBER 1.00 X 0 0 0 BETTINA BENSON BOARD MEMBER 1.00 X 0 0 0 BERNA BARSHAY BOARD MEMBER 1.00 X 0 0 0 CHRISTINE MOOG BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER ROLLINS BOARD MEMBER 1.00 X 0 0 0 PETER W KOLP BOARD MEMBER 1.00 X 0 0 0 ELISABETH WADSWORTH BOARD MEMBER 1.00 X 0 0 0 ERICA BAIRD BOARD MEMBER 1.00 X 0 0 0 LAWRENCE LAROSE BOARD MEMBER 1.00 X 0 0 0 RONALD S ZUVICH BOARD MEMBER 1.00 X 0 0 0 HOWARD LORSCH BOARD MEMBER 1.00 X 0 0 0 KARN S CHOPRA BOARD MEMBER 1.00 X 0 0 0 EFRAT FISH BOARD MEMBER 1.00 X 0 0 0 BRIAN E SCHARTZ BOARD MEMBER 1.00 X 0 0 0 GEOFF ISENMAN BOARD MEMBER THRU JUNE 2018 1.00 X 0 0 0 PARTHEEV SHAH BOARD MEMBER THRU MARCH 2018 1.00 X 0 0 0 CARRIE J HOLTZ BOARD MEMBER THRU NOV. 2017 1.00 X 0 0 0 HOWARD CLYMAN EXECUTIVE DIRECTOR THRU MAY 2018 20.00 X 23625 0 0 GARY CLEMONS EXECUTIVE DIRECTOR AS OF MAY 2018 40.00 X 0 0 0 CYNTHIA GRAHAM CHIEF PROGRAM OFFICER THRU NOV. 2017 40.00 X 117956 0 5284 141581 0 5284 1 0 0 0 0 464572 95000 2243244 2802816 961 961 85485 464572 243458 -157973 -157973 2645804 0 0 -157012 68029 53946 10729 3354 993107 787516 156625 48966 106415 94474 4002 7939 102837 91297 3867 7673 28721 28721 27000 27000 67010 58510 8500 60490 20210 24074 16206 17412 17412 178705 178378 327 2893 2893 6548 6548 13657 13657 18930 17650 1280 CHILDREN'S ACTIVITIES 100256 100256 STAFF DEVELOPMENT 26974 23160 3534 280 1818984 1484011 242055 92918 421852 214242 139849 63026 276755 1342183 341 341 171866 159562 25961 12304 24934 24934 889692 1657030 78172 72633 115000 65000 5190 1247 198362 138880 X 264889 1426483 426441 91667 691330 1518150 889692 1657030 826820 0 X X 0 1 X 1 0 X 2080673 2226882 2503641 1760424 2802816 11374436 2080673 2226882 2503641 1760424 2802816 11374436 3659981 7714455 2785 3314 2650 1496 961 11206 11385642 0.67760 0.75720 X 111660 100696 10964 60206 58866 1340 12304 DEFERRED RENT 1247 1247 X 2645804 0 2645804 0 2645804 1818984 0 1818984 0 1818984 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2015. FRIENDRAISER 530687 445202 85485 144989 86530 BOWL-A-THON 19370 19370 11939 550057 464572 85485 144989 98469 243458 -157973 FORM 990, PART VI, SECTION A, LINE 2 KATHLEEN ROBERTS, VICE-CHAIRPERSON, AND HOWARD CLYMAN, INTERIM EXECUTIVE DIRECTOR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES AN OUTSIDE MANAGEMENT COMPANY, TRINET, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO") AS A CO-EMPLOYER. TRINET WAS PAID $28,721 DURING FISCAL YEAR 2018 FOR THEIR SERVICES. THE EXECUTIVE DIRECTOR, HOWARD CLYMAN, AND CHIEF PROGRAM OFFICER, CYNTHIA GRAHAM, LISTED IN PART VII, WERE PAID BY THE PEO. THEIR CALENDAR YEAR 2017 COMPENSATION IS REPORTED IN PART VII, SECTION A. THEIR 2017 W-2 COMPENSATION AS WELL AS DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS WERE AS FOLLOWS: -HOWARD CLYMAN: $23,625 BASE COMPENSATION, $0 BONUS, $0 OTHER COMPENSATION, $0 DEFERRED COMPENSATION, AND $0 NON-TAXABLE BENEFITS. -CYNTHIA GRAHAM: $117,956 BASE COMPENSATION, $0 BONUS, $0 OTHER COMPENSATION, $0 DEFERRED COMPENSATION, AND $5,284 NON-TAXABLE BENEFITS. FORM 990, PART VI, SECTION B, LINE 11B FRIENDS OF THE CHILDREN NEW YORK HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY RELATIONSHIP BETWEEN A VENDOR AND AN EMPLOYEE, OFFICER OR BOARD MEMBER MUST BE DISCLOSED TO THE BOARD. AN ANNUAL DISCLOSURE STATEMENT WAS COMPLETED AT THE BEGINNING OF THE FISCAL YEAR. THE GOVERNANCE COMMITTEE MONITORS ANY ISSUES RAISED. IF ANY BOARD MEMBER OR OFFICER IS AWARE OF A POTENTIAL CONFLICT OF INTEREST THEY ARE REQUIRED TO DESCRIBE THE POTENTIAL CONFLICT TO THE BOARD AND RECUSE THEMSELVES FROM DISCUSSION OF THE MATTER AND FROM ANY VOTE OR ACTION ON THE ITEM. THE EXECUTIVE DIRECTOR REVIEWS ALL FINANCIAL TRANSACTIONS AND BRINGS TO THE BOARD ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION. FAILURE TO DISCLOSE BY A BOARD MEMBER IS CAUSE FOR REMOVAL FROM THE BOARD AND FAILURE TO DISCLOSE BY THE EXECUTIVE DIRECTOR IS CAUSE FOR TERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR AS A PART OF THE ANNUAL PERFORMANCE EVALUATION CONDUCTED IN JULY OR AUGUST WHICH WAS LAST UNDERTAKEN IN MARCH 2018. THE BOARD USES THE NONPROFIT COORDINATING COMMITTEE OF NEW YORK ANNUAL COMPENSATION SURVEY AND OTHER SOURCES AS A COMPENSATION GUIDE IN MAKING THE DECISION. THE DISCUSSION WAS DOCUMENTED IN THE BOARD MINUTES. THE FINANCE COMMITTEE OF THE BOARD WORKING WITH THE EXECUTIVE DIRECTOR SETS THE COMPENSATION FOR ALL POSITIONS AS A PART OF THE ANNUAL BUDGET PREPARATION PROCESS. THESE RECOMMENDATIONS ARE PRESENTED TO THE FULL BOARD FOR APPROVAL AS A PART OF THE ANNUAL BUDGETING PROCESS. THE DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES AND THE MINUTES OF ANY COMMITTEE MEETING INVOLVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. FORM 990, LINE B, AMENDED RETURN: AN AMENDED RETURN IS BEING FILED TO IN ORDER TO CONFORM TO THE ORGANIZATION'S AUGUST 31, 2018 BOARD LISTING. A LISTING OF ALL OF THE CHANGES TO THE FORM 990 IS AS FOLLOWS: 1. PART VII: THE LISTING OF BOARD DIRECTORS AND OFFICERS WERE UPDATED TO REFLECT THE ORGANIZATION'S LISTING OF BOARD DIRECTORS AND OFFICERS AS OF AUGUST 31, 2018.