2017-11-14T13:01:09-06:00 2016-12-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2016-01-01 462275654 The Reset Foundation RESE 5108981265 PO Box 2305 Berkeley CA 94702 Jennifer Anderson CEO 5108981265 2017-11-06 1 Joua V Lo P01225144 4159561500 2017-11-06 12.129.7.100 2017-11-06 11:43:36 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 189799C539B232A8D1FA5D0851A612580EB85C47 2016 2017-02-10 21:41:12Z John Deasy PO Box 2305 Berkeley CA 94702 929894 0 X www.theresetfoundation.org X 2013 DE Reset's mission is to empower promising individuals involved in the justice system with the skills and opportunities leading to a successful life - thereby freeing their families and communities from the poverty to prison cycle. 5 3 19 10 0 0 2449341 885394 0 0 0 0 -270 -11030 2449071 874364 0 0 0 0 713096 867780 0 0 208111 516598 675422 1229694 1543202 1219377 -668838 1717427 1057205 270811 279427 1446616 777778 X Reset's mission is to empower promising individuals involved in the justice system with the skills and opportunities leading to a successful life - thereby freeing their families and communities from the poverty to prison cycle. 1 1 1073036 0 0 In early 2016, Reset was actively engaged in the search for a property site for its permanent residential program, and used feedback from its 2015 pilot program to update and refine its program curriculum, training and scheduling. Leased space was secured in spring of 2016 and the organization's residential program was launched in July 2016, with students participating in academic, social, emotional, and restorative justice programming, as well as receiving career counseling support. 1073036 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 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 1 24 0 1 19 1 0 0 0 0 0 1 1 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 CA X John Deasy 5108981265 PO Box 2305 Berkeley CA 94702 Jane Mitchell President/CEO 50.00 X X 72392 0 6897 Jennifer Anderson Vice President, Treasurer & COO 50.00 X X 68475 0 0 Jane Leu Board Chair eff. 7/31/16 2.00 X X 0 0 0 Sherif Nahas Director 2.00 X 0 0 0 John Deasy Director 2.00 X 0 0 0 Lisa Jackson Director, Board Chair thru 7/31/16 2.00 X X 0 0 0 Glenn Martin Director Thru 3/31/16 2.00 X 0 0 0 140867 0 6897 0 0 0 0 0 21603 863791 885394 44500 21603 55530 -11030 -11030 874364 0 0 -11030 X 147764 100878 23944 22942 626039 427392 101449 97198 29822 19781 5058 4983 64155 43828 10407 9920 30707 30707 29555 29555 279668 239557 22343 17768 19214 706 49 18459 59225 43370 7089 8766 11975 8343 2269 1363 175114 135972 19804 19338 4623 2741 36 1846 2541 1676 843 22 7384 5706 863 815 -1588 -9716 4282 3846 Direct program costs 46277 46277 Recruiting 5977 4635 680 662 Payroll Fees 2519 2519 Professional devel. 1507 1301 91 115 724 589 67 68 1543202 1073036 262055 208111 1091571 684949 590000 265322 16369 18013 62971 9884 7500 53087 11987 35834 1717427 1057205 270811 279427 270811 279427 X 474563 585609 972053 192169 1446616 777778 1717427 1057205 -668838 0 X 0 1 X 1 0 X 174785 626464 2449341 885394 4135984 174785 626464 2449341 885394 4135984 677460 3458524 4135984 X Schedule A, Part II, Short Year THE 2013 COLUMN INCLUDES INFORMATION FOR THE PERIOD BEGINNING MARCH 13, 2013 AND ENDING DECEMBER 31, 2013 AS THE ORGANIZATION FILED A SHORT-PERIOD RETURN FOR ITS INITIAL YEAR IN EXISTENCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1543202 0 1543202 0 227160 0 56790 0 0 0 101708 170264 227160 499132 748698 60730 1677 62407 25427 42566 56790 124783 187175 Part II-A, Line 2 THE RESET FOUNDATION IS NOT REQUIRED TO COMPLETE ALL FIVE COLUMNS BECAUSE THEY MADE THEIR FIRST 501(H) ELECTION IN THE TAX YEAR ENDING IN 2014. THE FIRST ELECTION WAS NOT REVOKED BEFORE THE START OF THE RESET FOUNDATION'S TAX YEAR THAT BEGAN IN 2015. 62971 9884 53087 53087 X 996515 66621 55530 122151 874364 0 874364 1665353 66621 55530 122151 1543202 0 1543202 Part X, Line 2: The Organization is a not-for-profit organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, Section 23701d of the California Revenue and Taxation Code, and related State Code Sections of the State of New York. The Organization follows the provisions of Accounting Standards Codification ("ASC") 740-10, Income Taxes, related to accounting for uncertain tax positions. The Organization had no unrecognized tax benefits or liabilities, which would require an adjustment to the January 1, 2016, beginning balance of net assets, and had no unrecognized tax benefits or liabilities at December 31, 2016. The Organization files an exempt organization return in the U.S. federal jurisdiction and related state jurisdictions. Part XI, Line 2d - Other Adjustments: RECLASSIFICATION OF SPECIAL EVENT EXPENSES 55,530. Part XII, Line 2d - Other Adjustments: RECLASSIFICATION OF SPECIAL EVENT EXPENSES 55,530. Benefit Event 66103 21603 44500 34706 5350 15474 66103 21603 44500 34706 5350 15474 55530 -11030 Form 990, Part III, line 2 Reset's residential program, launched in the summer of 2016, offers an alternative to incarceration for courtinvolved young men between the ages of 18 to 24. It currently serves young men who have been referred by the Alameda and San Francisco County courts, and provides them with housing, transportation, case management, academic, career, medical and mental health support, prosocial activities, and transitional aftercare upon graduation. These services are provided through its residential campus, which is comprised of a leased learning center and leased residential housing in the San Francisco Bay Area. By creating an experience entirely centered on education, career, wellness, and residential community, the program empowers courtinvolved young men to reset their life trajectories to envision and achieve futures of meaning, opportunity, and purpose thus enabling communities to break the cycle of poverty and incarceration and dramatically reducing recidivism. Form 990, Part III, line 3 In 2015, the organization was engaged in delivering a non-residential pilot program and a search for property site for its residential program. During 2016, the organization leased facilities for its learning center and residence, and commenced operations of its residential program. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Staff Accounting Manager and the treasurer of the organization before finalizing and filing the return. All other board members are also provided a copy of the final return prior to filing. Form 990, Part VI, Section B, line 15 Proposed compensation for each candidate is determined based on compensation comparables, internal benchmarks and individual experience. Compensation comparables are determined through peer compensation studies and other publicly available data. Compensation is reviewed and approved by the hiring manager and senior leadership of the organization. For officers of the organization, the board of directors determines compensation. Form 990, Part VI, Section C, line 19 The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public. Form 990, Part IX, line 11g Contract Services: Program service expenses 156,925. Management and general expenses 0. Fundraising expenses 0. Total expenses 156,925. Other Professional Services: Program service expenses 82,632. Management and general expenses 22,343. Fundraising expenses 17,768. Total expenses 122,743. Form 990, Part IX, line 25: As noted in Form 990, Part III, Line 2, New Program Services, the Organization launched its new program during the summer of 2016. As such, its program-related expenses were significantly lower during the first half of the year than in the second half of the year.