2017-11-15T12:21:17-06:00 2017-06-30 560574444 Cherry Bekaert LLP 3400 Croasdaile Drive STE 301 Durham NC 27705 990 2016-07-01 562230469 THE EMILY KRZYZEWSKI FAMILY LIFE CENTER EMIL 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 QUERON SMITH TREASURER 9196800308 2017-11-09 1 Amanda Adams P00748038 9193838585 66.168.122.91 2017-11-09 12:53:43 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0B670C8C210F0245D71F1F8B052AA4E3CE9649D0 2016 2021-01-29 14:40:06Z EMILY K CENTER ADAM EIGENRAUCH 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 3071063 0 X www.emilyk.ORG X 2000 NC To develop educated student leaders and serve as a college access hub in Durham, NC 20 19 92 198 0 0 1772424 1768810 61626 71902 57057 139871 27730 -65398 1918837 1915185 1959 858 0 0 1205073 1228335 0 0 282868 654258 720390 1861290 1949583 57547 -34398 8697139 8962221 0 101111 8697139 8861110 X Our mission is to inspire students to dream big, act with character and purpose, and reach their potential as leaders in the community. The Emily Krzyzewski Center serves as a college access hub in Durham, NC, propelling academically-focused, low-income K-12 students and graduates towards success in college through its K to College programs while also offering college information and advising support to any local high school student through the Game Plan: College program. Through broader facility partnerships, thousands of additional students and community members use the Center as a place to convene, learn, and grow. 0 0 1121632 858 K to College programs - The Center's K to College programs (Pioneer Scholars, Scholars to College, and Scholars on Campus) propel academically-focused, low-income K-12 students and graduates towards success in college. The Pioneer Scholars program ensures that our elementary and middle school students are building academic skills, achieving in school, and laying the foundation for future college success. This year, each of our 80 Pioneer Scholars students participated in up to 865 hours of structured tutoring, enrichment, and leadership programming at the Center. The Scholars to College program ensures that high school students challenge themselves academically and personally, becoming graduating seniors who are scholarship-eligible and college-ready. This year, 122 Scholars to College students participated in an average of 5.75 hours of weekly curriculum-based instruction, individualized advising, tutoring, ACT preparation, and other enrichment activities at the Center. The Scholars on Campus program ensures that students successfully transition to higher education by supporting their academic and campus engagement, career planning, and financial responsibility. This year, 24 Scholars on Campus students participated in workshops, individualized advising, one-on-one campus visits, and a weekend retreat. Student progress is evaluated across all three programs using qualitative and quantitative assessment. The following results from the 2016-17 academic year highlight just some of our student successes. 100% of students increased their ACT Aspire score in at least one subject; 81% of our students are on-track in English and 99% are on-track in Math compared to 71% and 41% of their peers respectively. The 30 students in Scholars to College class of 2017 earned 171 acceptances to 69 different colleges and universities, and $10.7 MILLION in scholarships and grants. Twenty students received full-tuition scholarships. 100% of Scholars on Campus students are on-track to graduate in 4 years or less, compared to 40% of all college students and 10% of their low-income peers. 145683 Game Plan: College - The Game Plan: College program provides information and advice to Durham high school students, ensuring that they have the knowledge and support necessary to apply and enroll in college. The goal of the program is to increase the college enrollment and success rates of low-income students in Durham, ultimately changing the long-term economic outcomes for these students and their families. The program was developed in early 2016 and was piloted beginning in the fall and provides workshops and advising delivered by educators and peer Teen Advisors. In its first full year of operation, Game Plan: College registered nearly 800 students and served 288 students in workshops and/or college advising sessions. 224511 71902 Facility Partnerships - In addition to college access programming, the Center enhances the impact of local organizations through Facility Partnerships by serving as a home and resource for nonprofits, schools, and community groups as they convene, learn, and grow. This year, 60 Facility Partners ran programs, hosted events, and held meetings at the Center, serving more than 1,200 students and community members in an average week. The Center provided space for free to over 90% of these partners, resulting in significant rental savings for these organizations. 1491826 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 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 20 0 1 92 1 0 0 0 0 0 1 1 0 0 0 0 X 20 19 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X LAUREN GARDNER 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 27701 MIchael KRZYZEWSKI CHAIR 2.00 X X 0 0 0 JAMIE K SPATOLA Vice-Chair 3.00 X X 0 0 0 QUERON SMITH Treasurer/Finance Chair 3.00 X X 0 0 0 Barry Pea SECRETARY 3.00 X X 0 0 0 Vincent Asaro Board Member 2.00 X 0 0 0 Michelle Beischer Board Member 2.00 X 0 0 0 Jay Bilas Board Member 2.00 X 0 0 0 Barbara Collie Board Member 2.00 X 0 0 0 Dana Corcoran Board Member 2.00 X 0 0 0 Mike Cragg Board Member 2.00 X 0 0 0 Diane Evia-Lanevi board Member 2.00 X 0 0 0 Brandie Fintchre Board Member 2.00 X 0 0 0 Kip Frey Board Member 2.00 X 0 0 0 E Wayne Holden Board Member 2.00 X 0 0 0 Susan Sabiston Board Member 2.00 X 0 0 0 Debbie Savarino Board Member 2.00 X 0 0 0 Sanyin Siang Board Member 2.00 X 0 0 0 Jim Stewart Board Member 2.00 X 0 0 0 Jim Tobin board Member 2.00 X 0 0 0 Father Christopher VanHaight Board Member 2.00 X 0 0 0 E Jack Walker Board Member 2.00 X 0 0 0 ADAM EIGENRAUCH EXECUTIVE DIRECTOR 40.00 X X 90341 0 13718 LAUREN GARDNER CHIEF OPERATING Officer 40.00 X 80955 0 7703 171296 0 21421 0 0 0 0 0 862607 906203 72940 1768810 RENTAL INCOME 531120 47848 47848 Drama Camp 711190 14388 14388 BASKETBALL CAMP 621610 9666 9666 71902 57916 57916 1063128 981173 81955 81955 81955 103908 862607 174705 -70797 -70797 Sales tax refund 900099 5399 5399 5399 1915185 71902 0 74473 858 858 192717 69164 78371 45182 907321 754353 33896 119072 20018 12929 2570 4519 66467 56228 1899 8340 41812 22615 6450 12747 19539 19539 115253 59158 4583 51512 29709 13650 1127 14932 21319 12435 292 8592 173528 164432 6939 2157 17490 11164 6326 165553 156758 6709 2086 36252 34325 1470 457 Supplies and Food 85277 78410 6867 Enrichment Activities 38258 38258 Personnel Administratio 18212 7089 11044 79 1949583 1491826 174889 282868 345684 64999 1770656 2000744 243441 500 6722599 2291625 4593513 4430974 1987286 2151664 0 69899 8697139 8962221 31212 0 69899 0 101111 X 7385582 7461859 341249 408943 970308 990308 8697139 8861110 8697139 8962221 X -34398 75455 122914 X X 0 1 X 1 0 X 1715732 1640700 1835922 1772424 1768810 8733588 1715732 1640700 1835922 1772424 1768810 8733588 431446 8302142 44862 44363 46696 49424 57916 243261 8976849 645407 0.92480 0.94340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1987286 20000 203917 40000 19539 2151664 2030896 20000 -14901 30000 18709 1987286 1873746 200000 4982 30000 17832 2030896 1646445 266983 20000 19682 1873746 1216079 375000 89876 20000 14510 1646445 0.38730 0.46030 0.15240 0 0 184340 184340 5761012 1689522 4071490 576726 538476 38250 200521 63627 136894 4430974 obligation for use of building, net 69899 69899 X 2187201 75455 216100 291555 1895646 19539 19539 1915185 2146144 216100 216100 1930044 19539 19539 1949583 Part V, Line 4: The Center's endowment consists of two funds established for the ongoing operations of the Center. Part X, Line 2: The Center believes that it has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions that are material to the financial statements. K Academy Auction 147530 120090 27440 32156 MOTHER'S DAY BALL 287290 217690 69600 84569 37145 2 531695 524827 6868 7464 13371 966515 862607 103908 92033 82672 174705 -70797 X 7600 fmv X 4 2729 fmv X AUCTION ITEMS 1 27440 FMV X food 6 25771 FMV X supplies 4 7493 FMV X furniture 1 1907 fmv 0 0 1 0 Part I, Column (b): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN SCHEDULE M COLUMN B INSTEAD OF THE NUMBER OF ITEMS RECEIVED. Form 990, Part VI, Section A, line 2 THREE INDIVIDUALS ARE RELATED THROUGH A FAMILY RELATIONSHIP. MIKE KRZYZEWSKI, CHAIR OF THE BOARD, IS THE FATHER OF DEBBIE K SAVARINO, BOARD MEMBER, AND JAMIE K SPATOLA, CO-VICE CHAIR AND BOARD MEMBER. Form 990, Part VI, Section A, line 4 THE BYLAWS WERE AMENDED TO INCREASE THE MAXIMUM NUMBER OF DIRECTORS FROM 20 TO 25. Form 990, Part VI, Section B, line 11b When the completed draft of the Form 990 is received from the organization's CPA firm, it is reviewed by the Finance Committee. Following any recommended changes to the draft, the Form 990 is then sent to all Board Members, reviewed at a Board Meeting, and approved by a vote of the Board of Directors. Once approved, the Form 990 is signed by an Officer and filed with the IRS in a timely manner. Form 990, Part VI, Section B, line 12c BOARD MEMBERS ARE ASKED TO REVIEW AND SIGN ANNUALLY THE CONFLICT OF INTEREST POLICY. EMPLOYEES ARE ALSO REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY UPON HIRING. IN ADDITION, THE COO REVIEWS ON AN ONGOING BASIS THE ORGANIZATION'S VARIOUS VENDOR OR CONTRACTOR RELATIONSHIPS FOR POSSIBLE RELATED PARTY TRANSACTIONS. Form 990, Part VI, Section B, line 15 THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR AND, AFTER REVIEWING COMPARABLE COMPENSATION DATA AND THE EXECUTIVE DIRECTOR'S PERFORMANCE, RECOMMENDS PERFORMANCE-BASED COMPENSATION INCREASES TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL. THIS JUNE THE EXECUTIVE COMMITTEE REVIEWED COMPARABLE SALARY AND BENEFITS DATA FOR EXECUTIVE DIRECTOR COMPENSATION AT COMPARABLE NORTH CAROLINA NONPROFITS FROM THE 2015 NC NONPROFITS SALARY & BENEFITS REPORT. COMPARABILITY IN THIS REPORT WAS DETERMINED BY MATCHING THE ORGANIZATIONAL FIELD OF WORK, JOB DESCRIPTION, GEOGRAPHIC REGION, AND BUDGET SIZE THAT MOST CLOSELY MATCHES THE EMILY KRZYZEWSKI CENTER AND ITS EXECUTIVE DIRECTOR. THIS JULY THE FULL BOARD OF DIRECTORS (ABSENT THE EXECUTIVE DIRECTOR) APPROVED THE SALARY AND BENEFITS PACKAGE THAT THE EXECUTIVE COMMITTEE RECOMMENDED FOR THE EXECUTIVE DIRECTOR, AFTER TAKING THE COMPARABLE DATA AND THE EXECUTIVE DIRECTOR'S PERFORMANCE INTO CONSIDERATION. Other Key Executive Positions - The Executive Director researched comparable salary data for executive positions. Resources from the NC Center for Nonprofits Salary Survey as well as discussions with other local organizations were used to find comparable salary data matching the organizational budget size and job description. The full board approved position details and salary recommendations as part of the budget approval process and before a position was offered. FOLLOWING THE EMPLOYEE ANNUAL REVIEW PROCESS, PERFORMANCE-BASED SALARY ADJUSTMENTS WERE MADE FOR ELIGIBLE EMPLOYEES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION HAS COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE IN ITS ADMINISTRATIVE OFFICE AND ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS AND THE 2015 AND 2016 FORM 990 ARE AVAILABLE AT WWW.EMILYK.ORG. Form 990, Part XI, line 9: change from modified cash basis of accounting to gaap 122,914.