2018-11-13T19:03:29-06:00 2017-12-31 350921680 CROWE LLP 1801 California Street Suite 2200 Denver CO 802022635 990 2017-01-01 263349334 A Precious Child Inc APRE 3034664272 7051 W 118th Avenue Broomfield CO 80020 Carina Martin CEO 2018-11-13 true Shelley A Owens CPA P00517745 3038315000 2017 2019-02-21 02:37:17Z X CARINA MARTIN 7051 W 118th Avenue Broomfield CO 80020 12408533 false X WWW.APRECIOUSCHILD.ORG X 2008 CO A Precious Child provides children in need with opportunities and resources to empower them to achieve their full potential. 10 10 32 5053 0 8460128 12241246 0 5697 3312 -198390 -141838 8267435 12102720 71093 49150 0 860759 866879 0 232042 7619260 10975945 8551112 11891974 -283677 210746 1257733 1474369 27025 32286 1230708 1442083 X A Precious Child provides children in need with opportunities and resources to empower them to achieve their full potential. false false 8201017 PRECIOUS ESSENTIALS PROVIDED CLOTHING, SHOES AND OTHER ESSENTIALS TO CHILDREN AND FAMILIES WHO ARE DESPERATELY IN NEED. IN 2017 OVER $9,370,963 IN CLOTHING, COATS, SHOES, AND OTHER ESSENTIALS WERE PROVIDED TO NEARLY 16,281 COLORADO RESIDENTS. 1112343 BASICS 4 BABIES PROVIDED DIAPERS, WIPES, FORMULA AND OTHER BABY ESSENTIALS TO 2,719 FAMILIES IN NEED. 756278 THE FILL A BACKPACK (F.A.B.) PROGRAM OPERATES DURING THE SUMMER MONTHS LEADING UP TO THE BEGINNING OF THE SCHOOL YEAR. THIS PROGRAM SUPPLIES CHILDREN WITH NECESSARY SCHOOL SUPPLIES WHOSE FAMILIES OTHERWISE COULD NOT AFFORD THEM. IN 2017, THE F.A.B. PROGRAM PROVIDED OVER 13,495 BACKPACKS FILLED WITH SCHOOL SUPPLIES TO NEEDY CHILDREN. 620355 39885 GIVESPORTS PROVIDED SCHOLARSHIPS AND SPORTS EQUIPMENT TO 4,725 CHILDREN IN NEED. 604287 PRECIOUS GIFT PROVIDED GIFTS TO NEEDY CHILDREN DURING THE MONUMENTAL TIMES IN THEIR LIVES SUCH AS BIRTHDAYS AND DURING THE HOLIDAY SEASON. MORE THAN 9,047 CHILDREN WERE PROVIDED WITH BIRTHDAY AND HOLIDAY PRESENTS IN 2017 AT A VALUE OF OVER $418,150 97005 COR (CHILD OUTCOME RESOURCE) CENTER PROVIDES PERSONALIZED CASE MANAGEMENT TO DISADVANTAGED AND DISPLACED CHILDREN AND FAMILIES, CONNECTING THEM WITH NEEDED RESOURCES, SERVICES, OPPORTUNITIES, AND EDUCATIONAL SUPPORT. 60532 THE LEARNING CENTER ENSURES THAT EVERY CHILD WHO COMES TO THE RESOURCE CENTER IS PROVIDED WITH A SAFE SPACE THAT ENCOURAGES STEM-BASED LEARNING AND COMPLEMENTS THEIR ACADEMIC STUDIES. 998 CHILDREN WERE SERVED IN 2017. 25906 7876 Edussentials provides educational opportunities and resources through scholarships to remove barriers for school attendance and improve educational outcomes. Edussentials supported 4 children in 2017. 14737 1389 giveARTS provides new and gently-used equipment and supplies, as well as participation fee scholarships, giving children in need the opportunity to participate in music, dance, theatre and the visual arts. giveARTS supported 4 children in 2017. 224 Precious Boutiques 1423046 49150 11492684 true true false false false false false false false true true false false false false true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 2 0 true 32 true false false false false false true true true false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X Carina Martin 3034664272 7051 W 118th Avenue Broomfield CO 80020 X TOM CREWS VICE-CHAIR 3.0 X X 0 0 0 ANDY CONIGLIARO TREASURER 3.0 X X 0 0 0 CARINA MARTIN FOUNDER/CEO 40.0 X X 0 0 0 MICHAEL SANDSTRUM CHAIR 3.0 X X 0 0 0 VALERIE FINBERG DIRECTOR 3.0 X 0 0 0 STEPHEN KATSIRUBAS DIRECTOR 3.0 X 0 0 0 JAMES HOFFNER DIRECTOR 3.0 X 0 0 0 NANCY CLARK DIRECTOR 3.0 X 0 0 0 NATHANIEL CAREY DIRECTOR 3.0 X 0 0 0 MARK HUGHES DIRECTOR 3.0 X 0 0 0 0 0 0 0 false false false 0 780689 72017 11388540 10543154 12241246 0 0 0 0 0 3312 3312 0 0 0 0 163975 780689 305813 -141838 -141838 0 0 0 0 0 12102720 0 0 -138526 49150 49150 0 0 0 0 768927 470973 107973 189981 34979 21173 2266 11540 62973 38926 8698 15349 6000 6000 2802 1509 384 909 3262 3087 175 0 49076 47594 2113 -631 20417 13046 926 6445 218361 210702 7599 60 3124 3124 8529 7608 846 75 Program Materials 10592839 10592913 -74 Facilities Maintenance/Insurance 2310 2108 202 Credit Card Fees 23762 59 23703 Staff & Board Development 9719 4456 3154 2109 35744 26256 3283 6205 11891974 11492684 167248 232042 735745 943303 40844 52889 0 0 405813 361481 35580 53327 60018 15308 24807 44710 14944 18659 0 0 0 0 1257733 1474369 27025 32286 0 0 0 27025 32286 X 1079687 1313299 151021 128784 0 0 1230708 1442083 1257733 1474369 210746 1320 -691 0 X false true X false false X 3554586 4593422 6459957 8460128 12241246 35309339 0 0 3554586 4593422 6459957 8460128 12241246 35309339 0 35309339 79 1594 740 5697 3312 11422 0 0 0 0 0 0 0 35320761 0 0.9997 0.9997 X 14944 3715 18659 13165 1779 14944 12942 223 13165 11890 1052 12942 0 12075 -185 11890 0.0 1.0 0.0 true false 60018 15308 44710 44710 0 X 12389318 1320 93237 192041 286598 12102720 0 0 12102720 12177943 93928 192041 285969 11891974 0 0 11891974 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT ASSETS ARE COMPRISED OF ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION IS OPERATED AS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES TAX LIABILITIES WHEN, DESPITE THE ORGANIZATION'S BELIEF THAT ITS TAX RETURN POSITIONS ARE SUPPORTABLE, THE ORGANIZATION BELIEVES THAT CERTAIN POSITIONS MAY NOT BE FULLY SUSTAINED UPON REVIEW BY TAX AUTHORITIES. BENEFITS FROM TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. THE ORGANIZATION HAS CONCLUDED THERE IS NO TAX LIABILITY OR BENEFIT REQUIRED TO BE RECORDED AS OF DECEMBER 31, 2017. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIODS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO THE YEAR ENDED DECEMBER 31, 2014. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Net Fundraising Revenue - 192041 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Direct Benefits to Donors - 155939 Fundraiser Event Expenses - 36102 Gala 748628 609520 139108 221236 Broomfield Heroes Luncheon 141022 141022 0 20431 4 168786 143919 24867 64146 1058436 894461 163975 305813 305813 -141838 true SCHOLARSHIPS TO PARTICIPATE IN TEAM SPORTS 76 39885 SCHOLARSHIPS TO PARTICIPATE IN DANCE AND MUSIC PROGRAMS 5 1389 SCHOLARSHIPS FOR EDUCATIONAL ASSISTANCE FOR GRADE SCHOOL RECIPIENTS 24 7876 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIP CHECKS ARE NEVER WRITTEN DIRECTLY TO THE RECIPIENT OF THE SCHOLARSHIP. SCHOLARSHIP CHECKS ARE WRITTEN PAYABLE TO THE SPORTS LEAGUE OR SCHOOL, AND A LETTER IS INCLUDED THAT CLEARLY STATES THE NAME OF THE CHILD WHO IS THE RECIPIENT OF THE SCHOLARSHIP. X 8856230 Market value X SCHOOL SUPPLIES 562349 Market value X PRESENTS 533139 Market value X SPORTS EQUIPMENT 470838 Market value X AUCTION ITEMS 113772 Market value X EQUIPMENT 6826 Market value false false false Form 990, Part III, Line 4d Description of other program services (Expenses $ 620,355 including grants of $ 39,885) GIVESPORTS PROVIDED SCHOLARSHIPS AND SPORTS EQUIPMENT TO 4,725 CHILDREN IN NEED. Form 990, Part III, Line 4d Description of other program services (Expenses $ 604,287 including grants of $) PRECIOUS GIFT PROVIDED GIFTS TO NEEDY CHILDREN DURING THE MONUMENTAL TIMES IN THEIR LIVES SUCH AS BIRTHDAYS AND DURING THE HOLIDAY SEASON. MORE THAN 9,047 CHILDREN WERE PROVIDED WITH BIRTHDAY AND HOLIDAY PRESENTS IN 2017 AT A VALUE OF OVER $418,150 Form 990, Part III, Line 4d Description of other program services (Expenses $ 97,005 including grants of $) COR (CHILD OUTCOME RESOURCE) CENTER PROVIDES PERSONALIZED CASE MANAGEMENT TO DISADVANTAGED AND DISPLACED CHILDREN AND FAMILIES, CONNECTING THEM WITH NEEDED RESOURCES, SERVICES, OPPORTUNITIES, AND EDUCATIONAL SUPPORT. Form 990, Part III, Line 4d Description of other program services (Expenses $ 60,532 including grants of $) THE LEARNING CENTER ENSURES THAT EVERY CHILD WHO COMES TO THE RESOURCE CENTER IS PROVIDED WITH A SAFE SPACE THAT ENCOURAGES STEM-BASED LEARNING AND COMPLEMENTS THEIR ACADEMIC STUDIES. 998 CHILDREN WERE SERVED IN 2017. Form 990, Part III, Line 4d Description of other program services (Expenses $ 25,906 including grants of $ 7,876) Edussentials provides educational opportunities and resources through scholarships to remove barriers for school attendance and improve educational outcomes. Edussentials supported 4 children in 2017. Form 990, Part III, Line 4d Description of other program services (Expenses $ 14,737 including grants of $ 1,389) giveARTS provides new and gently-used equipment and supplies, as well as participation fee scholarships, giving children in need the opportunity to participate in music, dance, theatre and the visual arts. giveARTS supported 4 children in 2017. Form 990, Part III, Line 4d Description of other program services (Expenses $ 224 including grants of $) Precious Boutiques Form 990, Part VI, Line 11b Review of form 990 by governing body BEFORE FILING THE 990 IT IS REVIEWED BY THE CEO AND VICE PRESIDENT OF FINANCE & HUMAN RESOURCES AND THEN FORWARDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR FINAL REVIEW AND APPROVAL. A COPY IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS. ONCE OFFICIALLY APPROVED, IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy INQUIRIES ARE MADE AT BOARD MEETINGS TO ENSURE THAT EVERY MEMBER IS IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION DETERMINES EMPLOYEE COMPENSATION BY LOOKING AT MARKET COMPARISONS, BUDGET ALLOWANCES AND PERFORMANCE REVIEWS. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE ORGANIZATION DETERMINES EMPLOYEE COMPENSATION BY LOOKING AT MARKET COMPARISONS, BUDGET ALLOWANCES AND PERFORMANCE REVIEWS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST.