2018-05-07T07:31:58-05:00 2017-06-30 310800053 CLARK SCHAEFER HACKETT & CO 1 East 4th Street Cincinnati OH 45202 990 2016-09-28 814743008 Cincinnati Preschool Promise LLC CINC 5132636762 2400 Reading Rd No 220 Cincinnati OH 45202 Hector Polanco Finance Manager 5132636762 2018-04-30 1 Maxwell M Sullivan CPA P01679066 5132413111 2018-04-23 2016 2022-09-23 18:48:47Z X Hector Polanco 2400 Reading Rd No 220 Cincinnati OH 45202 1386209 0 X http://www.cincy-promise.org/ X 2016 OH The Organization's mission is to expand access to quality community provider preschools located within the geographic boundaries of the Cincinnati City School District in Hamilton County, Ohio (the "School District"). It focuses on access to quality preschools because attending a quality preschool is considered a key step to preparing children for future educational achievement. 15 15 0 15 0 0 1386209 0 0 0 1386209 0 0 47082 0 0 1125364 1172446 213763 1360293 1146530 213763 X The Organization's mission is to expand access to quality community provider preschools located within the geographic boundaries of the Cincinnati City School District in Hamilton County, Ohio (the "School District"). It focuses on access to quality preschools because attending a quality preschool is considered a key step to preparing children for future educational achievement. 0 0 426204 Tuition Assistance:The goal of the Tuition Assistance program is to give preschool-age children living in impoverished circumstances the opportunity to attend a highly rated preschool. With this preschool preparation the children are projected to reach higher levels of educational achievement in kindergarten and beyond. The increased educational achievement is seen as a key step in improving the children's long-term social and economic opportunities.The program is focused on first helping those children living in families with incomes at or below 200% of the Federal Poverty Level and then progressively increasing the number of children helped by increasing that threshold. The program funds attendance at highly rated preschools, which are those preschools that have achieved a 3, 4, or 5 star rating in the Ohio Step Up To Quality (SUTQ) rating system.The program is restricted to helping children between the ages of 3 and 5 years of age who are not yet eligible for kindergarten, but who are residents of the geographic areas encompassed by the Cincinnati Public School District (CPS) and who are entitled to attend CPS school under Ohio Rev. Code 3313.64, but chose to attend a non-CPS preschool located within the CPS boundaries. These non-CPS preschools are commonly referred to as community providers and can include preschool programs receiving federal assistance, Ohio grants, and even parochial and non-parochial private schools.In order to help the largest number of children families are required to first apply for available federal, state, and local preschool-related funding before becoming eligible to receive Tuition Assistance funds. This allows the program to be additive to the available sources of funding instead of replacing those sources. 226479 Quality Improvements:The goal of the Quality Improvement program is to increase the number of highly rated preschool seats available within the CPS geographic boundaries. Highly rated preschools are those that have achieved a 3, 4, or 5 star rating in the Ohio Step Up To Quality (SUTQ) rating system. The need for an increase in the number of available highly rated preschool programs in Cincinnati was chronicled by a RAND corporation study titled Options for Investing in Access to High-Quality Preschool in Cincinnati and published in 2016.To meet its goals the program provides services, training, materials, and advice needed for preschools to achieve a 3, 4, or 5 star SUTQ rating. As with Tuition Assistance, the program is restricted to providing assistance within the geographic areas encompassed by the Cincinnati Public School District. 652683 1 1 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X X Hector Polanco 5132636762 2400 Reading Rd No 220 Cincinnati OH 45202 X Deborah Mariner Allsop Board Secretary 1.00 X X 0 0 0 Terri C England Board Member 1.00 X 0 0 0 Timothy J Fogarty Board Member 1.00 X 0 0 0 Father Michael J Graham SJ Board Chair 1.00 X X 0 0 0 Jasmine Jones Board Member 1.00 X 0 0 0 Micah E Kamrass Board Member 1.00 X 0 0 0 Gary Lindgren Board Member 1.00 X 0 0 0 Dr Kimya Moyo Board Member 1.00 X 0 0 0 Toilynn O'Neal Board Member 1.00 X 0 0 0 O'dell Moreno Owens MD MPH Board Member 1.00 X 0 0 0 John E Pepper Board Member 1.00 X 0 0 0 Cheryl Rose CFP CFA Board Member 1.00 X 0 0 0 Laura Sanregret Board Member 1.00 X 0 0 0 Steve Shifman Board Member 1.00 X 0 0 0 Pastor Ennis Tait Board Treasurer 1.00 X X 0 0 0 Sallie Westheimer Board Member 1.00 X 0 0 0 Stephanie Byrd Interim Executive Director 30.00 X 0 0 0 0 0 0 0 0 0 0 Ernst & Young LLP 50 Rowes Wharf Boston MA 02114 Startup Consulting 692151 Metrix Advisors LLC 2499 Washington Street Denver CO 80205 Enrollment database creation and operati 111051 2 1323835 62374 1386209 1386209 0 0 0 X 43846 18911 24935 59 25 34 3177 1370 1807 48267 27431 20836 983779 559104 424675 30215 30110 105 4147 2770 1377 22000 22000 257 110 147 1736 244 1492 Equipment 20730 1802 18928 Printing & Publications 12810 10806 2004 Miscellaneous 1423 0 1423 1172446 652683 519763 0 0 564981 0 750312 45000 0 45000 0 1360293 0 1146530 0 1146530 X 0 193489 0 20274 0 213763 0 1360293 213763 0 X X 0 1 X 1 0 X 62374 62374 1323835 1323835 1386209 1386209 1386209 1386209 X Part II, Short Year Explanation: Initial year return. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45000 45000 45000 1448874 62665 62665 1386209 0 1386209 1235111 62665 62665 1172446 0 1172446 Form 990, Part VI, Section B, line 11b The Form 990 was first prepared and reviewed jointly by Cincinnati Preschool Promises' (CPP) Public accounting firm and CPP Financial Manager. Subsequently it was reviewed by the executive Director and the Finance and Audit committee. The final version, as approved by the Finance and Audit Committee was sent to the members of the board of managers prior to it being filed. Form 990, Part VI, Section B, line 12c During this first year in existence we approved a conflict of interest policy. Within a month of the approval, but after this first fiscal year had closed, we started monitoring potential conflicts of interest by requesting all board members complete forms disclosing potential conflicts." Form 990, Part VI, Section C, line 19 Cincinnati Preschool Promise makes its governing documents and conflict of interest policy available to the public upon request. The most recently Audited Financials Statements are available on its website at www.cincy-promise.org. Form 990, Part IX, line 11g Other Professional Services: Program service expenses 559,104. Management and general expenses 424,675. Fundraising expenses 0. Total expenses 983,779. Form 990, Part XII, Line 2C The process has not changed.