2018-06-26T12:17:24-07:00 2017-12-31 201835208 Adeptus Partners LLC 6 EAST 45TH STREET 10TH FLOOR NEW YORK NY 10017 990 2017-01-01 133932909 CAVE CANEM FOUNDATION INC CAVE 7188580000 20 JAY STREET BROOKLYN NY 11201 NICOLE SEALEY Executive Dir. 2018-06-26 true Howard S Krant P00095649 2127588050 2017 2022-09-23 18:48:47Z 654034 false false X WWW.CAVECANEMPOETS.ORG X 1997 NY TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. 9 11 5 13 0 375302 623229 37920 20773 0 15000 10032 428222 654034 0 0 215421 164159 0 83335 185957 167235 401378 331394 26844 322640 247573 557873 15496 3156 232077 554717 X TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. false false 84538 75581 ALL OTHER ACCOMPLISHMENTS (EXPENSES)CAVE CANEM POETRY/PRESS PRIZE - $1,722.37AWP - $10,809.74FELLOWSHIP SERVICES - $15,862.95LECTURES - $5,510.41RESIDENCIES - $3,844.81POETS TOUR - $10,304.24BOOKS - $561.42MARKETING - $23,525.35POETRY COALITION - $244.47LEGACY CONVERSATIONS - $5,129.56POETRY FORUM - $5,775.02GENERAL - $1,246.95 66061 90320 RETREAT - OUR MFA-QUALITY, WEEK-LONG WRITING RESIDENCY FOR 54 ADULT AFRICAN AMERICAN POETS IS HELD ANNUALLY AT THE UNIVERSITY OF PITTSBURGH AT GREENSBURG, PENNSYLVANIA. RETREAT RESIDENCIES OFFER AN UNPARALLELED OPPORTUNITY TO STUDY WITH A WORLD-CLASS FACULTY AND JOIN A COMMUNITY OF PEERS. 31500 26509 WORKSHOPS - MULTIPLE-SESSION WRITING WORKSHOPS HELD IN NEW YORK, NY PROVIDE ADULT EMERGING POETS OF COLOR OPPORTUNITIES TO WORK WITH ACCOMPLISHED MENTORS, BUILD COMMUNITY AND HONE THEIR CRAFT. 10670 16188 192769 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false 0 0 false 5 true false false false false false false false false 0 false false false false false false false false false false X 9 11 false false false false false false false true true false false false true true true true false true true false NY X CAVE CANEM FOUNDATION INC 7188580000 20 JAY STREET SUITE 310-A BROOKLYN NY 11201 TOI DERRICOTTE Director 2.00 0.00 X 0 0 0 CORNELIUS EADY Vice President 2.00 0.00 X X 0 0 0 NICOLE SEALEY Executive Dir. 40.00 0.00 X 64798 0 0 ROBERT POLITO Treasurer 2.00 0.00 X X 0 0 0 AMANDA JOHNSTON Secretary 2.00 0.00 X X 0 0 0 KELLY DAVIS Director 2.00 0.00 X 0 0 0 ALLEN DREXELL Director 2.00 0.00 X 0 0 0 PARNESHIA JONES President 2.00 0.00 X X 0 0 0 TYEHIMBA JESS Director 2.00 0.00 X 0 0 0 ALISON MEYERS FORMER EXECUTIVE DIRECTOR 48.00 0.00 X 6947 0 0 71745 0 true false false 0 54250 568979 623229 PROGRAM FEES 20773 20773 20773 0 0 0 0 0 9250 9250 0 0 RETAIL SALES 782 782 782 654034 21555 X 0 0 0 0 71745 35465 7582 28698 0 64032 31653 6767 25612 0 16808 12548 1714 2546 11574 8640 1181 1753 0 0 13000 13000 0 0 0 41570 21692 11214 8664 0 2249 2011 238 3626 1567 297 1762 0 17766 17766 11566 10846 636 84 0 0 0 0 0 5507 376 5131 RENT 30894 15272 3265 12357 ARTISTIC FEES 28710 28710 BANK CHARGES 3931 1311 2471 149 MEALS & CATERING 3590 2550 963 77 4826 2362 831 1633 331394 192769 55290 83335 85766 148719 0 146780 150300 5389 249216 0 0 0 0 0 10099 10099 0 0 0 0 0 9638 9638 247573 557873 15496 486 2670 15496 3156 X 7732 113639 224345 441078 232077 554717 247573 557873 322640 X false true X true false X 210721 298548 287329 375302 623229 1795129 169877 34115 8463 15000 10032 237487 0 0 0 380598 332663 295792 390302 633261 2032616 0 0 2032616 0 0 0 0 380598 332663 295792 390302 633261 2032616 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10099 10099 X 502671 65370 -216733 -151363 654034 654034 396764 65370 65370 331394 331394 Part X : FIN48 Footnote CAVE CANEM'S CURRENT ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR IS IT AWARE OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. false false false false false false false false false false ALISON MEYERS FORMER EXECUTIVE DIRECTOR 6947 6947 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: ALL OTHER ACCOMPLISHMENTS (EXPENSES)CAVE CANEM POETRY/PRESS PRIZE - $1,722.37AWP - $10,809.74FELLOWSHIP SERVICES - $15,862.95LECTURES - $5,510.41RESIDENCIES - $3,844.81POETS TOUR - $10,304.24BOOKS - $561.42MARKETING - $23,525.35POETRY COALITION - $244.47LEGACY CONVERSATIONS - $5,129.56POETRY FORUM - $5,775.02GENERAL - $1,246.95 Form 990, Part VI, Line 11b: Form 990 Review Process No review was or will be conducted. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts CAVE CANEM REQUIRES ITS BOARD MEMBERS TO CONDUCT BUSINESS ACCORDING TO THE HIGHEST ETHICAL STANDARDS. BUSINESS DEALINGS THAT APPEAR TO CREATE A CONFLICT BETWEEN THE INTERESTS OF CAVE CANEM AND A BOARD MEMBER ARE UNACCEPTABLE. BOARD MEMBERS MUST DISCLOSE ANY POSSIBLE CONFLICTS TO THE EXECUTIVE COMMITTEE OF THE BOARD SO THAT THE COMMITTEE MAY ASSESS AND PREVENT POTENTIAL CONFLICTS OF INTEREST FROM ARISING. IF CONFLICTS OF INTEREST ARE DETERMINED TO EXIST, BOARD MEMBERS WITH SUCH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE BARRED FROM PARTICIPATING IN DELIBERATIONS AND/OR VOTING WITH RESPECT TO AFFECTED TRANSACTIONS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE EXECUTIVE COMMITTEE SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. THE EXECUTIVE COMMITTEE BRINGS THE COMPENSATION ARRANGEMENT TO THE FULL BOARD OF DIRECTORS FOR FINAL APPROVAL UPON RECOMMENDATION BY THE EXECUTIVE COMMITTEE, VIA A DETAILED ANNUAL BUDGET. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees EXECUTIVE DIRECTOR PRESENTS A SALARY RANGE TO THE EXECUTIVE COMMITTEE, AND CONFERRING WITH THE HUMAN RESOURCES COMMITTEE CHAIR, SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE BUDGET RATIFICATION PROCESS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available CAVE CANEM FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON DEMAND.