2017-11-09T10:28:48-06:00 2016-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2016-01-01 461301032 THIRD SECTOR CAPITAL PARTNERS INC THIR 6179128957 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 CAROLINE WHISTLER PRESIDENT & CO-FOUNDER 6179128957 2017-10-17 1 THOMAS WASHBURN CPA P00537319 5083669100 2017-10-05 64.238.141.162 2017-10-17 11:49:37 ED P C3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82C E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE 2016 2018-03-14 21:41:22Z CAROLINE WHISTLER 200 CLARENDON STREET 44TH FLOOR BOSTON MA 02116 5297947 0 X WWW.THIRDSECTORCAP.ORG X 2012 MA TO ACCELERATE AMERICA'S TRANSITION TO A PERFORMANCE DRIVEN SOCIAL SECTOR, PRIMARILY THROUGH THE DEVELOPMENT OF PAY FOR SUCCESS CONTRACTS THAT WILL MEASURABLY IMPROVE THE LIVES OF THOSE MOST IN NEED. 5 4 45 4 0 0 3331263 3448934 2098513 1849013 0 0 0 0 5429776 5297947 0 0 0 0 2339731 3278576 0 0 76232 1673935 1451027 4013666 4729603 1416110 568344 2576625 2897378 446361 198770 2130264 2698608 X THIRD SECTOR'S MISSION IS TO ACCELERATE AMERICA'S TRANSITION TO A PERFORMANCE-DRIVEN SOCIAL SECTOR. 0 0 923405 1136728 A) SOCIAL INNOVATION FUND COMPETITIONS IN 2014, THIRD SECTOR WAS AWARDED $1.9 MILLION TO DELIVER PAY FOR SUCCESS (PFS) TECHNICAL ASSISTANCE AND FEASIBILITY ASSESSMENTS TO GOVERNMENTS INTERESTED IN PERFORMANCE-BASED SOLUTIONS. THIRD SECTOR HAS SINCE HELD 2 PFS COMPETITIONS, SELECTING A TOTAL OF 12 SUB-RECIPIENTS TO RECEIVE FEASIBILITY AND TECHNICAL ASSISTANCE. THIRD SECTOR AWARDED SEVEN AWARDEES IN 2015 TO RECEIVE FEDERALLY FUNDED TECHNICAL ASSISTANCE TO ASSESS THE FEASIBILITY OF IMPLEMENTING A PAY FOR SUCCESS PROJECT IN THEIR JURISDICTIONS. IN 2016, THIRD SECTOR AWARDED AN ADDITIONAL FIVE AWARDEES TO RECEIVE FEDERALLY FUNDED PAY FOR SUCCESS FEASIBILITY AND TECHNICAL ASSISTANCE TO STRENGTHEN WORKFORCE DEVELOPMENT PROGRAMS THROUGHOUT THE UNITED STATES. WORKFORCE DEVELOPMENT BOARDS IN AUSTIN, BOSTON, DENVER, NORTHERN VIRGINIA, AND SAN DIEGO ARE CURRENTLY RECEIVING ASSISTANCE TO EXPLORE HOW PAY FOR SUCCESS CAN STRENGTHEN THEIR PROGRAMING FOR OPPORTUNITY YOUTH, AND AUSTIN, NORTHERN VIRGINIA AND SAN DIEGO ARE SET TO LAUNCH OUTCOMES-BASED CONTRACTS IN THE NEXT 6 MONTHS. 265710 283000 B) SANTA CLARA MENTAL HEALTH IN 2016, THIRD SECTOR SERVED AS AN ADVISOR AND CONSULTANT TO THE COUNTY OF SANTA CLARA TO CONSTRUCT THE ACUTE MENTAL HEALTH NEEDS PFS INITIATIVE ("PARTNERS IN WELLNESS"). THE SIX YEAR PROJECT LAUNCHED IN JANUARY 2017 AND WILL ASSIST CLIENTS WHO EXPERIENCE FREQUENT STAYS IN COUNTY EMERGENCY, INPATIENT, AND CONTRACTED MENTAL HEALTH SETTINGS. THE PROJECT IS DESIGNED TO ENSURE THAT THESE PATIENTS ARE STABILIZED IN LESS RESTRICTIVE, COMMUNITY-BASED ENVIRONMENTS. THE COMMUNITY-BASED CARE PROVIDED AIMS TO IMPROVE CLIENTS' OVERALL WELLNESS AND REDUCE UTILIZATION OF EMERGENCY AND INPATIENT PSYCHIATRIC HOSPITALIZATIONS IN THE COUNTY. 283502 429285 C) SALT LAKE COUNTY PAY FOR SUCCESS INITIATIVE THIRD SECTOR HELPED SALT LAKE COUNTY, IN CONJUNCTION WITH TWO LOCAL NON-PROFITS AND OTHER COMMUNITY STAKEHOLDERS, TO DEVELOP AND LAUNCH TWO PAY FOR SUCCESS PROJECTS IN THE AREAS OF CRIMINAL JUSTICE AND HOMELESSNESS. THE CRIMINAL JUSTICE PROJECT WILL SERVE MORE THAN 200 CRIMINAL OFFENDERS AT HIGH-RISK FOR RECIDIVISM, AND THE HOMELESSNESS PROJECT WILL PROVIDE OVER 300 PERSISTENTLY HOMELESS INDIVIDUALS, WHO HAVE SPENT SIGNIFICANT TIME IN EMERGENCY SHELTERS, WITH RAPID REHOUSING SERVICES. 2121308 OTHER PROGRAM SERVICES THAT FALL WITHIN OUR MISSION. 2121308 3593925 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 5 0 1 45 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA CO OH IL NY CT UT IN KY MN OR TX X BRIAN BEACHKOFSKI 6179128957 200 CLARENDON ST 44TH FL BOSTON MA 02116 GEORGE OVERHOLSER CEO AND CO-FOUNDER 40.00 0.30 X X 45072 0 315 DREW VON GLAHN BOARD MEMBER 0.10 X 0 0 0 HUGH R JONES III BOARD MEMBER 0.10 X 0 0 0 DEBORAH SMOLOVER BOARD MEMBER 0.10 X 0 0 0 SAMPRITI GANGULI BOARD MEMBER 0.10 X 0 0 0 RICHARD EDWARDS DIRECTOR 40.00 0.30 X 116420 0 856 JOHN GROSSMAN MANAGING DIRECTOR & GENERAL COUNSEL 40.00 0.50 X 88286 0 586 CAROLINE WHISTLER PRESIDENT AND CO-FOUNDER 40.00 0.30 X 179271 0 6406 BRIAN BEACHKOFSKI MANAGING DIRECTOR 40.00 X 158699 0 12636 THOMAS NOVAK DIRECTOR OF FINANCE & OPERATIONS 40.00 X 125502 0 12650 LAILA GOLDBERG DIRECTOR 40.00 X 116903 0 4798 CELESTE RICHIE DIRECTOR 40.00 X 122422 0 6283 KATHERINE SHAMRAJ MANAGING DIRECTOR 40.00 X 135348 0 6396 TIM PENNELL DIRECTOR 40.00 0.30 X 109600 0 4801 1197523 0 55727 9 0 1 0 CONSCIENCE COMMUNITY NETWORK 333 S WABASH AVE STE 2750 CHICAGO IL 60604 PROGRAM RELATED YOUTH SERVICES 167940 STANFORD UNIVERSITY 450 SERRA MALL STANFORD CA 94305 PROGRAM EVALUATION 150000 ABT ASSOCIATES 55 WHEELER STREET CAMBRIDGE MA 02138 PROGRAM EVALUATION AND RESEARCH 107194 3 1142146 2306788 49920 3448934 PROGRAM SERVICE FEES 611430 1849013 1849013 1849013 5297947 1849013 0 0 X 750292 548148 188601 13543 2138464 1628011 485380 25073 166356 127507 36301 2548 223464 170976 49433 3055 29631 29631 796019 709931 58588 27500 89667 4761 84906 246473 219090 24918 2465 244513 185501 56964 2048 12108 12108 9052 9052 17707 17707 MISCELLANEOUS 5857 5857 4729603 3593925 1059446 76232 1476043 955696 899603 975032 150000 805000 57737 28318 45263 16502 37813 28761 30000 30000 2576625 2897378 198861 198770 247500 446361 198770 X 617741 1090701 1512523 1607907 2130264 2698608 2576625 2897378 568344 0 X X 0 1 X 1 1 1 X 198360 624925 1228886 3331263 3448934 8832368 198360 624925 1228886 3331263 3448934 8832368 2097225 6735143 8832368 5991711 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45263 16502 28761 28761 X PART X, LINE 2: THE ORGANIZATION AND YSI ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION AND YSI HAVE DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINING FINANCIAL STATEMENTS AT DECEMBER 31, 2016. X X 0 0 0 0 0 0 0 0 0 CAROLINE WHISTLER PRESIDENT AND CO-FOUNDER 179271 0 0 0 0 0 0 0 6406 0 185677 0 0 0 BRIAN BEACHKOFSKI MANAGING DIRECTOR 158699 0 0 0 0 0 0 0 12636 0 171335 0 0 0 X 1 49920 FAIR MARKET VALUE 0 0 1 PART I, LINE 32B: THIRD SECTOR HAS A BROKERAGE ACCOUNT AT BROWN ADVISORY TO SELL MARKETABLE SECURITY CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 7A IN FY2016 NEW PROFIT HAD THE POWER TO PUT ONE OF THEIR OWN ON THIRD SECTOR'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CO-FOUNDER, MANAGING DIRECTORS, GENERAL COUNSEL AND THE DIRECTOR OF FINANCE AND OPERATIONS REVIEW AND APPROVE THE 990 AND SEND THE APPROVED FORM TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL KEY EMPLOYEES, AS DEFINED BY THE IRS, AS WELL AS DIRECTORS. ADDITIONALLY, WE REQUIRE ALL EMPLOYEES TO ANNUALLY CERTIFY THAT THEY DO NOT HAVE ANY CONFLICTS THAT EXIST WERE THEY TREATED AS KEY EMPLOYEES AND TO REPORT ANY SUCH CONFLICTS. AN INITIAL DETERMINATION OF ANY POTENTIAL RELATED PARTY OR EXCESS BENEFIT TRANSACTION IS MADE BY THE GENERAL COUNSEL OR MANAGER OF FINANCE AND OPERATIONS, UNLESS SUCH PERSON IS NOT DISINTERESTED. THE BOARD IS THEN CHARGED WITH THE REVIEW AND APPROVAL OF SUCH TRANSACTION AND MAY DELEGATE THAT RESPONSIBILITY TO ITS AUDIT COMMITTEE. IN ALL SUCH CASES, ONLY DISINTERESTED DIRECTORS MAY PARTICIPATE. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS DETERMINE THE SALARY OF THE ORGANIZATION'S OFFICERS BY USING COMPENSATION STUDIES FOR COMPARABLE ORGANIZATIONS. THE REVIEW AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AND WERE LAST PERFORMED IN FISCAL YEAR 2013. FORM 990, PART VI, SECTION C, LINE 19 THIRD SECTOR CAPITAL PARTNERS, INC. MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 709,931. MANAGEMENT AND GENERAL EXPENSES 58,588. FUNDRAISING EXPENSES 27,500. TOTAL EXPENSES 796,019. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THIS PROCESS DURING THE TAX YEAR. YOUTH SERVICES INC 200 CLARENDON ST BOSTON MA 02116 INTERMEDIARY ORGANIZATION FOR MASSACHUSETTS JUVENILE JUSTICE PFS PROJECT MA 501(C)(3) LINE 12A, I THIRD SECTOR CAPITAL PARTNERS INC 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 YOUTH SERVICES INC D 7115910 BALANCE OF GUARANTEED LOANS YOUTH SERVICES INC L 54000 AMOUNTS RECEIVED DURING THE YEAR