2017-10-10T15:10:25-05:00 2017-06-30 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2016-07-01 232515768 CHILDREN'S LITERACY INITIATIVE CHIL 2155614676 2314 MARKET STREET NO 3RD FL PHILADELPHIA PA 19103 JOEL ZARROW CHIEF EXECUTIVE OFFICER 2155614676 2017-10-04 1 HELEN M MARTIN P01330899 2158818800 64.238.150.12 2017-10-04 11:10:07 ED P 030F7695CCD24146B019457CFD1235EBE026B1FB F81DCA92B917B4887B7FAF71296E4FB236FABEB0 2016 2021-01-29 14:40:06Z JOEL ZARROW 2314 MARKET STREET PHILADELPHIA PA 19103 22860801 0 X WWW.CLI.ORG X 1988 PA SEE SCHEDULE O FOR THE ORGANIZATION'S MISSION STATEMENT.CHILDREN'S LITERACY INITIATIVE ("CLI") IS A NON-PROFIT THAT WORKS WITH TEACHERS TO TRANSFORM INSTRUCTION SO THAT CHILDREN CAN BECOME POWERFUL READERS, WRITERS, AND THINKERS. 17 16 190 0 0 0 5762156 8737950 8701756 11725649 -28276 68321 2946 9577 14438582 20541497 0 0 0 0 8690814 13212140 0 0 1216300 4204147 6892852 12894961 20104992 1543621 436505 8089197 10708415 1071970 3228089 7017227 7480326 CHILDREN'S LITERACY INITIATIVE ("CLI") IS A NON-PROFIT THAT WORKS WITH TEACHERS TO TRANSFORM INSTRUCTION SO THAT CHILDREN CAN BECOME POWERFUL READERS, WRITERS AND THINKERS. 0 0 17255938 11735226 CHILDREN'S LITERACY INITIATIVE FOCUSES ON ENSURING LOW-INCOME STUDENTS CAN READ AND WRITE ON GRADE LEVEL BY THIRD-GRADE. CLI PROVIDES WORKSHOPS, INDIVIDUAL COACHING AND TENS OF THOUSANDS OF CHILDREN'S BOOKS TO OVER 2,300 TEACHERS IN 289 SCHOOLS ACROSS THE COUNTRY. IN ADDITION TO $11.7M IN FEE-FOR-SERVICE REVENUE, CLI RELIES ON BOTH PHILANTHROPIC AND FEDERAL FUNDING, BRINGING TOTAL REVENUE TO $20.5M. WITH ONLY 6.1% OF EXPENSES GOING TOWARDS FUNDRAISING AND 8.2% TOWARDS MANAGEMENT AND GENERAL EXPENSES, CLI IS ABLE TO DIRECT 85.7% TOWARDS PROGRAM SERVICES (SEE PART IX, STATEMENT OF FUNCTIONAL EXPENSES). 17255938 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 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 1 164 0 1 190 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA IL DC MD MA NJ NY CO FL TX X X JOEL ZARROW CHIEF EXECUTIVE OFFICER 2155614676 2314 MARKET STREET PHILADELPHIA PA 19103 CHRISTINE BECK CHAIRPERSON 0.50 X X 0 0 0 DAVID J BLOOM VICE-CHAIR 0.50 X X 0 0 0 SUSAN B SMITH SECRETARY 0.50 X X 0 0 0 VICTORIA RAIVITCH TREASURER 0.50 X X 0 0 0 RICHARD BERKMAN MEMBER 0.50 X 0 0 0 JOHN BONOW MEMBER 0.50 X 0 0 0 A BRUCE CRAWLEY MEMBER 0.50 X 0 0 0 PHILIP COWEN MEMBER 0.50 X 0 0 0 BONNIE GREENBERG MEMBER 0.50 X 0 0 0 NELSON FLORES MEMBER 0.50 X 0 0 0 MARY KLEIN MEMBER 0.50 X 0 0 0 GERALD MOSELY MEMBER 0.50 X 0 0 0 ELIZABETH PILACIK MEMBER 0.50 X 0 0 0 JONATHON RISCH MEMBER 0.50 X 0 0 0 ADAM SPECTOR MEMBER 0.50 X 0 0 0 KATE WILSON MEMBER 0.50 X 0 0 0 JOEL ZARROW MEMBER/CEO 40.00 X X 232689 0 17080 FRANK GROSSMAN CHIEF ACADEMIC OFFICER 40.00 X 177594 0 6587 CYNTHIA ROBERTS DIRECTOR OF FINANCE 40.00 X 122717 0 13719 PAT FEDERMAN CO-FOUNDER/LEAD DEVELOPER 40.00 X 136932 0 14131 CARYN HENNING DIRECTOR OF PROGRAM DESIGN 40.00 X 124081 0 13777 JILL VALUNAS REGIONAL EXECUTIVE DIRECTOR 40.00 X 116918 0 13472 MARY LIST REGIONAL EXECUTIVE DIRECTOR 40.00 X 104194 0 13104 JEN WEIKERT DIRECTOR OF EXTERNAL RELATION 40.00 X 104130 0 4518 1119255 0 96388 8 0 1 0 AMERICAN INSTITUTES FOR RESEARCH 1000 THOMAS JEFFERSON ST NW WA 200073835 ASSESSMENT CONSULTANTS 712938 LAKESHORE LEARNING MATERIALS 2695 E DOMINGUEZ ST CARSON CA 90895 LITERACY MATERIALS FOR CLASSROOMS AND ST 295125 2 4242010 4495940 8737950 SCHOOL DISTRICT CONTRACTS 900099 11725649 11725649 11725649 31822 31822 2355803 2319304 36499 36499 36499 OTHER INCOME 900099 9577 9577 9577 20541497 11735226 0 68321 X 579282 122800 185291 271191 10237525 8652341 985904 599280 1580804 1307920 159327 113557 814529 662456 87399 64674 4129 3358 443 328 31721 25798 3404 2519 3761600 3706185 31854 23561 117922 95907 12655 9360 454073 369304 48727 36042 298412 238730 29841 29841 242441 195387 26515 20539 42615 34660 4572 3383 104936 85345 11262 8329 BOOKS 902978 902978 PROGRAM MATERIALS 507503 507503 MAINTENANCE 386907 314674 41523 30710 RECRUITING 37615 30592 4037 2986 20104992 17255938 1632754 1216300 38607 4922516 1953750 321973 830797 1659099 2622421 1198676 724354 598091 116773 132929 885538 822415 105738 63123 1696757 1812008 8089197 10708415 1049683 3215291 22287 2500 0 10298 1071970 3228089 X 4012828 5089151 3004399 2391175 7017227 7480326 8089197 10708415 436505 44884 -18290 0 X X 0 1 X 1 1 1 X 10995517 9090119 6647606 5762156 8737950 41233348 10995517 9090119 6647606 5762156 8737950 41233348 7275240 33958108 8529 4930 5921 19684 31822 70886 215 2946 9577 12738 41316972 0.82190 0.85660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 415698 354917 60781 398179 397357 822 71661 70141 1520 63123 DEFERRED RENT 10298 10298 X 20586381 44884 44884 20541497 0 20541497 20123282 18290 18290 20104992 0 20104992 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF MANAGEMENT AND GENERAL EXPENSES. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2017 AND 2016. X X 0 0 0 0 0 0 0 0 0 JOEL ZARROW MEMBER/CEO 232689 0 0 0 0 0 7116 0 9964 0 249769 0 0 0 FRANK GROSSMAN CHIEF ACADEMIC OFFICER 177594 0 0 0 0 0 5387 0 1200 0 184181 0 0 0 PAT FEDERMAN CO-FOUNDER/LEAD DEVELOPER 136932 0 0 0 0 0 4167 0 9964 0 151063 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR, CHIEF ACADEMIC OFFICER, AND ACCOUNTING MANAGER WILL REVIEW THE DRAFT 990 UPON RECEIPT. IF CHANGES ARE REQUIRED OR INFORMATION ADDED, THE ACCOUNTING MANAGER WILL COMMUNICATE WITH THE AUDITORS. ONCE CLI MANAGEMENT APPROVES THE DRAFT, A COPY IS PROVIDED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C PER THE BOARD OF DIRECTORS HANDBOOK, THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED. IT IS GIVEN TO ALL BOARD MEMBERS BY WAY OF AN ANNUAL BOARD OF DIRECTOR'S HANDBOOK AND IS REVIEWED ANNUALLY BY THE BOARD GOVERNANCE COMMITTEE. THE CONFLICT OF INTEREST STATEMENTS ARE DISTRIBUTED TO THE BOARD IN SEPTEMBER AND ARE SIGNED AND RETURNED BY THE BOARD MEMBERS BY 12/31. FORM 990, PART VI, SECTION B, LINE 15 PER THE BOARD OF DIRECTOR'S HANDBOOK, THE BOARD PERSONNEL COMMITTEE IS TASKED TO REVIEW THE EXECUTIVE DIRECTOR'S PERFORMANCE AT LEAST ANNUALLY AND SET COMPENSATION AND GOALS THAT ARE APPROPRIATE FOR CLI. FORM 990, PART VI, SECTION C, LINE 18 IN ADDITION TO BEING AVAILABLE UPON REQUEST, CLI'S 990 IS AVAILABLE ON THE FOLLOWING WEBSITES: -CLI.ORG -GUIDESTAR -CHARITY NAVIGATOR FORM 990, PART VI, SECTION C, LINE 19 CHILDREN'S LITERACY INITIATIVE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ADP PROCESSING: PROGRAM SERVICE EXPENSES 24,582. MANAGEMENT AND GENERAL EXPENSES 3,243. FUNDRAISING EXPENSES 2,400. TOTAL EXPENSES 30,225. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 416,823. MANAGEMENT AND GENERAL EXPENSES 28,611. FUNDRAISING EXPENSES 21,161. TOTAL EXPENSES 466,595. PROFESSIONAL DEVELOPER SERVICES: PROGRAM SERVICE EXPENSES 2,495,614. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,495,614. PROGRAM EVALUATION SERVICES: PROGRAM SERVICE EXPENSES 769,166. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 769,166. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THIS PROCESS REMAINS UNCHANGED SINCE THE PRIOR YEAR.