2017-10-19T11:54:10-05:00 2016-12-31 521022232 SNYDER COHN PC 11200 ROCKVILLE PIKE SUITE 415 NORTH BETHESDA MD 20852 990 2016-01-01 010637743 MOST VALUABLE KIDS INC MOST 3019197180 11122 STEPHALEE LANE ROCKVILLE MD 20852 DARYLE BOBB FOUNDER 3019197180 2017-10-18 1 STEVEN M BRAUNSTEIN P00086901 3016526700 207.87.50.194 2017-10-18 09:59:14 ED P 9E4D46312D07C49E613C073325096644D8EB1761 9639E6B26190F82FE45FCDAF1E5C2249128631A5 2016 2021-01-29 14:40:06Z DARYLE BOBB 11122 STEPHALEE LANE ROCKVILLE MD 20852 197107 0 X WWW.MOSTVALUABLEKIDS.ORG X 2002 MD TO FOSTER EDUCATIONAL AND SOCIAL ACHIEVEMENT OF UNDERPRIVILEGED CHILDREN. 15 15 2 17 0 0 106145 95258 26695 27675 16 20 50296 52813 183152 175766 0 1000 0 0 57269 121530 0 0 35518 76750 46142 134019 168672 49133 7094 304420 293584 9531 14458 294889 279126 TO FOSTER EDUCATIONAL AND SOCIAL ACHIEVEMENT OF UNDERPRIVILEGED CHILDREN. 0 0 80291 1000 27675 TO PROMOTE AN APPRECIATION OF SPORTS AND PHYSICAL ACTIVITY FOR UNDERPRIVILEGED, NEEDY, AND LESS FORTUNATE CHILDREN UNDER THE AGE OF 18, TO COMBAT JUVENILE DELINQUENCY, AND TO PROVIDE EDUCATION AND CHARACTER BUILDING PROGRAMS. 80291 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 2 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 MD X LESLIE GILINSON 2023455678 14023 WELLAND TERRACE NORTH POTOMAC MD 20878 X DARYLE BOBB DIRECTOR 1.00 X X 0 0 0 STEPHEN LIEBERMAN PRESIDENT 3.00 X X 0 0 0 LESLIE GILINSON TREASURER 3.00 X X 0 0 0 MATT WARD DIRECTOR 1.00 X 0 0 0 ANTON COHEN DIRECTOR 1.00 X 0 0 0 MICHAEL SCHAENGOLD DIRECTOR 1.00 X 0 0 0 TRAVIS BOOTH DIRECTOR 1.00 X 0 0 0 JOE ZAMOISKI DIRECTOR 1.00 X 0 0 0 JASON COHEN DIRECTOR 1.00 X 0 0 0 CHRIS GARGANI DIRECTOR 1.00 X 0 0 0 JANINE ROSEN DIRECTOR 1.00 X 0 0 0 JENNIFER SKOLOCHENKO-PLATT DIRECTOR 1.00 X 0 0 0 MARC BLUESTEIN DIRECTOR 1.00 X 0 0 0 DANIELLE CANTOR JEWELER DIRECTOR 1.00 X 0 0 0 STEVE GOODMAN DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 59430 35828 95258 AGENCY FEES 900099 14175 14175 CHAPTER FEES 900099 13500 13500 27675 20 20 74154 59430 21341 52813 52813 175766 27675 0 52833 1000 1000 79250 38205 19991 21054 2745 2196 412 137 4531 3625 680 226 35004 19773 6747 8484 4000 4000 4922 963 2034 1925 1201 1201 10071 1402 7213 1456 10643 7982 798 1863 1866 1493 373 3945 3945 2047 2047 MISCELLANEOUS EXPENSE 2824 2824 POSTAGE AND DELIVERY 2549 2321 228 GIFTS 866 866 MEALS AND ENTERTAINMENT 831 831 377 377 168672 80291 52863 35518 214431 234401 31027 31042 17420 11545 0 479 17385 13125 7608 4260 33934 11857 304420 293584 9132 8934 399 5524 9531 14458 X 294889 279126 294889 279126 304420 293584 X 7094 -22857 X 0 0 0 X 715318 931582 932136 753235 807282 4139553 715318 931582 932136 753235 807282 4139553 17657 4121896 13 19 16 16 20 84 4139637 0.99570 0.97790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7885 6791 1094 9500 6334 3166 4260 ACCRUED PAYROLL TAXES 5524 5524 GOLF TOURNAMENT 81911 59430 22481 16963 SILENT AUCTION 39700 0 39700 3656 1 11973 0 11973 725 133584 59430 74154 21344 21344 52810 X EVENT TICKETS 3965 0 0 0 0 PART I, LINE 33: THE ORGANIZATION RECEIVED CONTRIBUTIONS OF EVENT TICKETS WITH A FAIR VALUE OF $622,178 DURING 2016. THESE CONTRIBUTIONS HAVE NOT BEEN REPORTED AS REVENUES ON FORM 990, PART VIII BECAUSE THE ORGANIZATION DOES NOT USE OR SELL THE CONTRIBUTIONS TO RAISE FUNDS BUT RATHER PASSES THEM ON TO THOSE WHO QUALIFY TO RECIEVE THEM UNDER THE ORGANIZATION'S GUIDLINES IN ACCORDANCE WITH ITS MISSION AND EXEMPT PURPOSE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 10B NO FORMAL POLICIES AND PROCEDURES EXIST FOR THE CHAPTERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR FOR INFORMATION ACCURACY AND BY THE CFO FOR FINANCIAL ACCURACY. A FINAL REVIEW IS THEN DONE BY THE PRESIDENT BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION IS DETERMINED BY COMPARING SALARIES OF PEOPLE IN SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EXPENSES ON BOOKS NOT ON RETURN -22,077. LOSS ON DISPOSAL OF FIXED ASSETS -780. FORM 990, PART XI, LINE 9 THE ORGANIZATION RECEIVED CONTRIBUTIONS OF EVENT TICKETS WITH A FAIR VALUE OF $622,178 DURING 2016, OF WHICH $11,857 WAS FOR 2017 EVENTS. THESE TICKETS WERE INCLUDED IN OTHER ASSETS ON THE BALANCE SHEET AS OF DECEMBER 31, 2016. HOWEVER, BECAUSE THE ORGANIZATION DOES NOT USE OR SELL THE CONTRIBUTIONS TO RAISE FUNDS BUT RATHER PASSES THEM ON TO THOSE WHO QUALIFY TO RECEIVE THEM UNDER THE ORGANIZATION'S GUIDELINES IN ACCORDANCE WITH ITS MISSION AND EXEMPT PURPOSE, THERE WILL BE NO EFFECT ON THE STATEMENT OF REVENUE OR STATEMENT OF FUNCTIONAL EXPENSES IN REGARDS TO TICKET ACTIVITY, THUS RESULTING IN A RECONCILING ITEM TO NET ASSETS FOR THE CHANGE IN TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2016 AND TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2015. THE $-22,077 CHANGE IN TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2016 AND TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2015 WAS REPORTED FOR BOOK PURPOSES, NOT TAX PURPOSES, AS OF DECEMBER 31, 2016. FORM 990, PART IX, LINE 25 THE ORGANIZATION ACTS IN AN AGENCY CAPACITY TO MATCH UP DONATIONS OF PROFESSIONAL AND COLLEGIATE SPORTS AND ENTERTAINMENT EVENTS WITH THOSE THE ORGANIZATION HAS DETERMINED QUALIFY TO RECEIVE THESE DONATIONS. BECAUSE THE ORGANIZATION FUNCTIONS PRIMARILY TO ADMINISTER THIS PROGRAM, THE ORGANIZATION'S MANAGEMENT AND GENERAL EXPENSES WILL GENERALLY APPEAR HIGH AS A PERCENTAGE OF ITS TOTAL EXPENSES. SEE SCHEDULE M FOR FURTHER EXPLANATION OF EVENT TICKETS RECEIVED AND DONATED.