2018-07-16T13:22:17-05:00 2017-08-31 205907963 RBSM ADVISORS 805 THIRD AVENUE NEW YORK NY 10022 990 2016-09-01 133392965 STUDENTSPONSOR PARTNERSHIP INC STUD 2129869575 424 MADISON AVENUE NO 1002 NEW YORK NY 10017 CHRISTOPHER NIEHAUS CHAIRMAN 2129869575 2018-07-12 1 HOWARD BRODMAN P00021944 2128385100 2018-06-28 2016 2022-09-23 18:48:47Z DEBRA VIZZI 424 MADISON AVENUE NO 1002 NEW YORK NY 10017 6610426 0 X WWW.SSPNYC.ORG X 1986 NY TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE PAROCHIAL HIGH SCHOOLS IN NYC 25 25 21 1069 0 0 6268387 6248406 6987 3861 41300 49553 -130660 -47303 6186014 6254517 4860536 5174940 0 0 1153741 1188406 63356 65440 380369 679360 854252 6756993 7283038 -570979 -1028521 11580600 10626684 1489175 1544578 10091425 9082106 X TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE PAROCHIAL HIGH SCHOOLS IN NEW YORK CITY 0 0 6416527 5174940 3861 SSP'S MISSION IS TO PROVIDE NEW YORK CITY HIGH SCHOOL STUDENTS WHO LIVE IN POVERTY AND FACE SIGNIFICANT BARRIERS TO ACADEMIC SUCCESS WITH A COLLEGE PREPARATORY NON-PUBLIC HIGH SCHOOL EDUCATION. FOUNDED IN 1986, SSP HAS FINANCED AND GUIDED OVER 7,000 LOW-INCOME STUDENTS THROUGH HIGH SCHOOL BY PROVIDING EACH STUDENT WITH A SPONSOR TO FUND HIGH SCHOOL TUITION, A MENTOR TO PROVIDE SUPPORT AND GUIDANCE, AND A DEDICATED STAFF TO PROVED ADDITIONAL CARE AND SUPPORT. 1,077 SSP STUDENTS COMPLETED THE 2016-2017 SCHOOL YEAR AND RECEIVED OVER $5 MILLION IN SCHOLARSHIPS FROM SSP TO ATTEND 25 PAROCHIAL SCHOOLS THROUGHOUT NEW YORK CITY. IN THE NEW YORK CITY PUBLIC SCHOOLS THAT SSP STUDENTS WOULD LIKELY ATTEND, 56.1% OF LATINO STUDENTS, 54.7% OF BLACK STUDENTS AND 47.7% OF STUDENTS RESIDING IN THE BRONX GRADUATE HIGH SCHOOL ON TIME. OF THE SSP CLASS OF 2017 STUDENTS, 97% OF WHOM ARE MINORITY AND 60% OF WHOM LIVE IN THE BRONX, 79.3% GRADUATED HIGH SCHOOL ON TIME. ALSO, 97% OF STUDENTS IN SSP'S GRADUATING CLASS OF 2017 WERE ACCEPTED TO COLLEGE AND OFFERED OVER $24 MILLION IN FINANCIAL AID. THIS SUCCESS IS ON TREND WITH SSP'S PRECEDING CLASSES OF 2016 AND 2015, WHO ACHIEVED 97% AND 96% COLLEGE ACCEPTANCE RATES RESPECTIVELY. 6416527 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 NY X DENISE DURHAM WILLIAMSEXECUTIVE DI 2129869575 424 MADISON AVENUE NEW YORK NY 10017 CHRISTOPHER J NIEHAUS CHAIR 3.00 X X 0 0 0 JIM HEALY VICE-CHAIR 3.00 X X 0 0 0 KEVIN J CONWAY VICE-CHAIR 3.00 X X 0 0 0 ROBERT H NIEHAUS VICE-CHAIR 3.00 X X 0 0 0 BETSY COHEN DIRECTOR 2.00 X 0 0 0 EDWARD COX DIRECTOR 2.00 X 0 0 0 SIDNEY E GOODFRIEND DIRECTOR 3.00 X 0 0 0 BRIAN HOFFMAN DIRECTOR 2.00 X 0 0 0 ANDREW HORROCKS DIRECTOR 2.00 X 0 0 0 ALFRED F HURLEY JR DIRECTOR 2.00 X 0 0 0 PETER J LYON DIRECTOR 2.00 X 0 0 0 TOM MERCEIN DIRECTOR 2.00 X 0 0 0 LORA PRICE ROBERTSON DIRECTOR 2.00 X 0 0 0 VALERIE ANN ROWE DIRECTOR 5.00 X 0 0 0 STEPHEN M SCHILLER DIRECTOR 2.00 X 0 0 0 WILLIAM ANDERSON DIRECTOR 2.00 X 0 0 0 HENRY MULHOLLAND DIRECTOR 2.00 X 0 0 0 MEGAN FLANIGAN DIRECTOR 2.00 X 0 0 0 JOHN STOSSEL DIRECTOR 1.00 X 0 0 0 STEVEN LIPIN DIRECTOR 1.00 X 0 0 0 ROBERT HUNTINGTON DIRECTOR 2.00 X 0 0 0 ROBERT BRENNAN DIRECTOR 2.00 X 0 0 0 SUSAN DUNNE DIRECTOR 1.00 X 0 0 0 ALOYSIUS MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 MICHAEL SCHAFTEL DIRECTOR 2.00 X 0 0 0 ROBERT SPENCER DIRECTOR 2.00 X 0 0 0 DENISE DURHAM WILLIAMS EXEC.DIR. 50.00 X 249787 0 11851 249787 0 11851 1 0 1 0 PIERRE HOTEL 2 EAST 61ST STREET NEW YORK NY 10065 VENUE RENTAL/FOOD SERVICE 100946 1 1173470 5074936 155314 6248406 PROGRAM REVENUES 611710 3861 3861 3861 47650 47650 191000 189097 1903 1903 1903 119509 1173470 166812 -47303 -47303 6254517 3861 0 2250 5174940 5174940 266851 164460 60068 42323 828588 510659 186515 131414 12938 7974 2912 2052 9200 5670 2071 1459 70829 43652 15944 11233 68359 7858 58479 2022 65440 65440 281312 191832 27332 62148 85585 55006 17764 12815 76323 46761 17079 12483 211935 143124 40368 28443 14984 13008 768 1208 38459 34110 2511 1838 10241 6312 2305 1624 17600 10847 3962 2791 BAD DEBTS 47949 47949 DUES 995 995 STAFF DEVELOPMENT 510 314 115 81 7283038 6416527 486142 380369 1268255 2283207 6390802 4844873 182620 91500 97190 46686 359676 336757 19960 22919 3590378 3306104 31395 31395 11580600 10626684 45133 111586 1444042 1432992 1489175 1544578 X 9490797 8476215 256842 262105 343786 343786 10091425 9082106 11580600 10626684 -1028521 19202 0 X 0 1 X 1 0 X 5746348 8025130 7374255 6268387 6248406 33662526 5746348 8025130 7374255 6268387 6248406 33662526 969577 32692949 33530 39038 16988 41300 47650 178506 33841032 236091 0.96610 0.93190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 600628 201456 196193 605891 545011 161235 105618 600628 568536 78075 101600 545011 1395926 72750 900140 568536 1395926 1395926 0.56740 0.43260 0 0 359676 336757 22919 22919 6480357 19202 39826 59028 6421329 -166812 -166812 6254517 7489676 39826 166812 206638 7283038 0 7283038 PART V, LINE 4: THE ORGANIZATION HAS SEVERAL PERMANENTLY AND TEMPORARILY RESTRICTED FUNDS WHOSE PRIMARY PURPOSES ARE TO PROVIDE SCHOLARSHIPS FOR STUDENTS MEETING VARIOUS CHARACTERISTICS. IN ADDITION, THERE ARE FUNDS RESTRICTED FOR THE ORGANIZATION'S COLLEGE AND CAREER PREP PROGRAM. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS -166,812. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS 166,812. X 1 CMI EVENT PLANNING & FUNDRAISING 1325 SIXTH AVENUE NEW YORK NY 10019 ORGANIZE FOUNDERS' DINNER 0 1245021 65440 1179581 1245021 65440 1179581 NY FOUNDERS' DINNER 1245021 1173470 71551 103640 17440 22481 FALL BENEFIT 47958 47958 21590 1660 1292979 1173470 119509 125230 17440 24141 166811 -47302 1 TUITION 1143 5174940 SCHEDULE I PART I #2 THE AMOUNT OF TUITION ASSISTANCE IS SET FROM THE BEGINNING OF THE ACADEMIC YEAR AND VERIFIED BY THE SCHOOL AND THE SSP SCHOOLS TEAM QUARTERLY. SSP'S SCHOOLS TEAM CHECK WITH EACH SCHOOL ON A QUARTERLY BASIS ON THE NUMBER OF STUDENTS CURRENTLY ENROLLED AND THE COST FOR THAT QUARTER'S TUITION. IF A STUDENT LEAVES THE PROGRAM, WE ONLY PAY FOR THE WEEKS THAT THEY ATTENDED SCHOOL. WE RECEIVE IMMEDIATE NOTICE WHEN A STUDENT LEAVES THE PROGRAM AND UPDATE OUR INVOICES ACCORDINGLY. X X 0 0 0 0 0 0 0 0 0 DENISE DURHAM WILLIAMS EXEC.DIR. 249787 0 0 0 0 0 0 0 11851 0 261638 0 0 0 X 24 155314 FMV AT DATE OF DONATION 0 0 0 PART I, COLUMN (B): THE AMOUNT IN PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 ROBERT NIEHAUS AND CHRISTOPHER NIEHAUS ARE BROTHERS FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO BOTH THE CHAIR OF THE AUDIT COMMITTEE AND THE FINANCE COMMITTEE. AS REPRESENTATIVES OF SSP'S GOVERNING BODY, BOTH CHAIRS REVIEW THE FORM 990 FOR ACCURACY. UPON THEIR APPROVAL, THE FORM 990 IS SUBMITTED TO THE IRS. A COPY OF THE FINAL, APPROVED FORM 990 IS PROVIDED TO ALL BOARD MEMBERS, PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD AS WELL AS THE EXECUTIVE DIRECTOR ARE SUBJECT TO A CONFLICT OF INTEREST POLICY. IN THE EVENT THAT THE BOARD CONSIDERS AN ISSUE THAT INVOLVES THE FINANCIAL RELATIONSHIP BETWEEN THE CORPORATION AND A MEMBER OF THE BOARD, THE BOARD MEMBER WILL DISCLOSE TO THE BOARD THE FINANCIAL RELATIONSHIP THAT THE PARTICULAR BOARD MEMBER HAS WITH RESPECT TO THE ISSUE. THE BOARD MEMBER SHALL REFRAIN FROM VOTING ON THE MATTER. THE POLICY IS APPLICABLE TO TRANSACTIONS INVOLVING BOARD MEMBERS AND THEIR IMMEDIATE FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD CHAIR AND CHAIR OF SSP'S HR COMMITTEE CONDUCTS A FORMAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AT THE END OF THE FISCAL YEAR. BASED ON ACCOMPLISHMENTS AGAINST GOALS, THE EXECUTIVE DIRECTOR'S COMPENSATION IS DISCUSSED WITH THE EXECUTIVE COMMITTEE AND RECOMMENDED SALARY INCREASE IS ALIGNED WITH THE PROFESSIONAL FOR NONPROFITS ANNUAL NONPROFIT SALARY AND STAFFING REPORT FOR THE NEW YORK CITY AREA. SSP DID NOT PAY COMPENSATION TO ANYONE ELSE MEETING THE DEFINITION OF OFFICER OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON SSP'S WEBSITE.