2017-07-13T13:39:50-05:00 2016-08-31 205907963 RBSM ADVISORS 805 THIRD AVENUE NEW YORK NY 10022 990 2015-09-01 133392965 STUDENTSPONSOR PARTNERSHIP INC STUD 2129869575 424 MADISON AVENUE NO 1002 NEW YORK NY 10017 CHRISTOPHER NIEHAUS CHAIRMAN 2129869575 2017-07-13 1 HOWARD BRODMAN P00021944 2128385100 2017-07-11 2015 2021-01-29 14:40:06Z DENISE DURHAM WILLIAMS 424 MADISON AVENUE NO 1002 NEW YORK NY 10017 6401174 0 X WWW.SSPNYC.ORG X 1986 NY TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE PAROCHIAL HIGH SCHOOLS IN NYC 24 24 21 1132 0 0 7374255 6268387 10680 6987 16988 41300 -112250 -130660 7289673 6186014 5177288 4860536 0 0 953098 1153741 64842 63356 326644 638885 679360 6834113 6756993 455560 -570979 12115080 11580600 1479353 1489175 10635727 10091425 TO PROVIDE AT-RISK YOUTHS WITH TUITION NEEDED TO ATTEND PRIVATE PAROCHIAL HIGH SCHOOLS IN NEW YORK CITY 0 0 5850610 4860536 6987 FOR OVER 30 YEARS, STUDENT SPONSOR PARTNERS ("SSP") HAS ADDRESSED THE HIGH SCHOOL DROPOUT CRISIS IN NEW YORK CITY BY PROVIDING LOW-INCOME STUDENTS WITH A HIGH SCHOOL EDUCATION. ALL SSP STUDENTS ARE PAIRED WITH FINANCIAL SPONSORS WHO OFFER FINANCIAL SUPPORT AND MENTORS WHO PROVIDE ONE-TO-ONE MENTORING, THUS MAKING A MEANINGFUL IMPACT ON THEIR LIVES. TO QUALIFY FOR ADMISSION TO THE PROGRAM, A STUDENT MUST BE FROM A LOW INCOME (GENERALLY SINGLE PARENT) FAMILY AND BE ACADEMICALLY AVERAGE TO BELOW AVERAGE. THERE ARE 1075 STUDENTS WHO COMPLETED THE 2015-2016 SCHOOL YEAR AND RECEIVED A TOTAL OF $4.8M IN SCHOLARSHIPS FROM SSP TO ATTEND MORE THAN 23 PAROCHIAL SCHOOLS THROUGHOUT NYC. 80.4% OF SSP STUDENTS GRADUATED FROM HIGH SCHOOL THIS YEAR, COMPARED TO THE OVERALL GRADUATION RATE IN NEW YORK CITY OF 69.6% 5850610 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 NY X DENISE DURHAM WILLIAMSEXECUTIVE DI 2129869575 424 MADISON AVENUE NEW YORK NY 10017 CHRISTOPHER J NIEHAUS CHAIR 3.00 X X 0 0 0 JAMES P HEALY VICE-CHAIR 3.00 X X 0 0 0 KEVIN J CONWAY VICE-CHAIR 2.00 X X 0 0 0 ROBERT H NIEHAUS VICE-CHAIR 2.00 X X 0 0 0 BETSY COHEN DIRECTOR 2.00 X 0 0 0 EDWARD COX DIRECTOR 1.00 X 0 0 0 SIDNEY E GOODFRIEND DIRECTOR 2.00 X 0 0 0 BRIAN HOFFMAN DIRECTOR 2.00 X 0 0 0 ANDREW HORROCKS DIRECTOR 2.00 X 0 0 0 ALFRED F HURLEY JR DIRECTOR 1.00 X 0 0 0 PETER J LYON DIRECTOR 2.00 X 0 0 0 THOMAS MERCEIN DIRECTOR 2.00 X 0 0 0 LORA PRICE ROBERTSON DIRECTOR 2.00 X 0 0 0 VALERIE ANN ROWE DIRECTOR 5.00 X 0 0 0 STEPHEN M SCHILLER DIRECTOR 2.00 X 0 0 0 WILLIAM ANDERSON DIRECTOR 2.00 X 0 0 0 HENRY MULHOLLAND DIRECTOR 2.00 X 0 0 0 MEGAN FLANIGAN DIRECTOR 1.00 X 0 0 0 JOHN STOSSEL DIRECTOR 1.00 X 0 0 0 ROBERT HUNTINGTON DIRECTOR 1.00 X 0 0 0 ROBERT BRENNAN DIRECTOR 1.00 X 0 0 0 STEVEN LIPIN DIRECTOR 1.00 X 0 0 0 MICHAEL SCHAFTEL DIRECTOR 1.00 X 0 0 0 ROBERT SPENCER DIRECTOR 1.00 X 0 0 0 CHARLES CHO LEFT 816 DIRECTOR 1.00 X 0 0 0 KIMBERLY SHARIFF LEFT 816 DIRECTOR 1.00 X 0 0 0 MAGGIE COOLEY LEFT 816 DIRECTOR 1.00 X 0 0 0 PARTICK LANDERS LEFT 216 DIRECTOR 1.00 X 0 0 0 DENISE DURHAM WILLIAMS EXEC.DIR. 50.00 X 230398 0 10000 230398 0 10000 1 0 1 0 PIERRE HOTEL 2 EAST 61ST STREET NEW YORK NY 10065 VENUE RENTAL/FOOD SERVICE 112558 1 1288837 4979550 385403 6268387 PROGRAM REVENUES 611710 6987 6987 6987 41300 41300 84500 1288837 215160 -130660 -130660 6186014 6987 0 -89360 4860536 4860536 256233 135368 85992 34873 798601 421901 268010 108690 19127 10105 6419 2603 10763 5686 3612 1465 69017 36462 23162 9393 62573 5547 55597 1429 63356 63356 127339 80100 8050 39189 113227 67653 30611 14963 52970 27437 18505 7028 210616 126033 60178 24405 6309 4197 733 1379 60165 37011 10162 12992 8970 4739 3010 1221 14122 7461 4739 1922 OTHER STUDENT RELATED E 18827 18827 STAFF DEVELOPMENT 4202 1507 959 1736 DUES 40 40 6756993 5850610 579739 326644 1053205 1268255 9927784 6390802 40788 182620 66679 97190 346475 326515 13774 19960 981455 3590378 31395 31395 12115080 11580600 31480 45133 1447873 1444042 1479353 1489175 X 10090716 9490797 201225 256842 343786 343786 10635727 10091425 12115080 11580600 -570979 26677 0 X 0 1 X 1 0 X 6183898 5746348 8025130 7374255 6268387 33598018 6183898 5746348 8025130 7374255 6268387 33598018 2121300 31476718 46677 33530 39038 16988 41300 177533 33775551 232230 0.93190 0.93390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 545011 161235 105618 600628 568536 78075 101600 545011 1395926 72750 900140 568536 1395926 1395926 0.57240 0.42760 0 0 346475 326515 19960 19960 6519344 26677 91493 118170 6401174 -215160 -215160 6186014 7063646 91493 215160 306653 6756993 0 6756993 PART V, LINE 4: THE ORGANIZATION HAS SEVERAL PERMANENTLY AND TEMPORARILY RESTRICTED FUNDS WHOSE PRIMARY PURPOSES ARE TO PROVIDE SCHOLARSHIPS FOR STUDENTS MEETING VARIOUS CHARACTERISTICS. IN ADDITION, THERE ARE FUNDS RESTRICTED FOR THE ORGANIZATION'S COLLEGE AND CAREER PREP PROGRAM. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS -215,160. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS 215,160. X 1 CMI EVENT PLANNING & FUNDRAISING 1325 SIXTH AVENUE NEW YORK NY 10019 ORGANIZE FOUNDERS' DINNER 0 1282955 63356 1219599 1282955 63356 1219599 NY FOUNDERS' DINNER 1282955 1198455 84500 122506 17220 75435 1282955 1198455 84500 122506 17220 75435 215161 -130661 1 TUITION 1108 4860536 SCHEDULE I PART I #2 THE AMOUNT OF TUITION ASSISTANCE IS SET FROM THE BEGINNING OF THE ACADEMIC YEAR AND VERIFIED BY THE SCHOOL AND THE SSP SCHOOLS TEAM QUARTERLY. SSP'S SCHOOLS TEAM CHECK WITH EACH SCHOOL ON A QUARTERLY BASIS ON THE NUMBER OF STUDENTS CURRENTLY ENROLLED AND THE COST FOR THAT QUARTER'S TUITION. IF A STUDENT LEAVES THE PROGRAM, WE ONLY PAY FOR THE WEEKS THAT THEY ATTENDED SCHOOL. WE RECEIVE IMMEDIATE NOTICE WHEN A STUDENT LEAVES THE PROGRAM AND UPDATE OUR INVOICES ACCORDINGLY. X X 0 0 0 0 0 0 0 0 0 DENISE DURHAM WILLIAMS EXEC.DIR. 230398 0 0 0 0 0 0 0 10000 0 240398 0 0 0 X 52 385403 FMV ON DATE DONATED 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT NIEHAUS AND CHRISTOPHER NIEHAUS ARE BROTHERS FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE 990 IS PROVIDED TO BOTH THE CHAIR OF THE AUDIT COMMITTEE AND THE FINANCE COMMITTEE. AS REPRESENTATIVES OF SSP'S GOVERNING BODY, BOTH CHAIRS REVIEW THE FORM 990 FOR ACCURACY. UPON THEIR APPROVAL, THE FORM 990 IS SUBMITTED TO THE IRS. A COPY OF THE FINAL, APPROVED FORM 990 IS PROVIDED TO ALL BOARD MEMBERS, PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD AS WELL AS THE EXECUTIVE DIRECTOR ARE SUBJECT TO A CONFLICT OF INTEREST POLICY. IN THE EVENT THAT THE BOARD CONSIDERS AN ISSUE THAT INVOLVES THE FINANCIAL RELATIONSHIP BETWEEN THE CORPORATION AND A MEMBER OF THE BOARD, THE BOARD MEMBER WILL DISCLOSE TO THE BOARD THE FINANCIAL RELATIONSHIP THAT THE PARTICULAR BOARD MEMBER HAS WITH RESPECT TO THE ISSUE. THE BOARD MEMBER SHALL REFRAIN FROM VOTING ON THE MATTER. THE POLICY IS APPLICABLE TO TRANSACTIONS INVOLVING BOARD MEMBERS AND THEIR IMMEDIATE FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 15A IN FY 2014, SSP BOARD ENGAGED A NATIONAL EXECUTIVE SEARCH FIRM- PHILLIPS OPPENHEIM- TO RECRUIT A NEW EXECUTIVE DIRECTOR. PHILLIPS OPPENHEIM IS A REPUTABLE SEARCH FIRM THAT SPECIALIZES IN NOT-FOR-PROFIT EXECUTIVE SEARCHES. THE COMPENSATION DETERMINED WAS BASED ON CONSULTATION AND INFORMATION PROVIDED BY PHILLIPS OPPENHEIM TO THE SEARCH COMMITTEE OF THE BOARD OF DIRECTORS. SSP DID NOT PAY COMPENSATION TO ANYONE ELSE MEETING THE DEFINITION OF OFFICER OR KEY EMPLOYEE. THE BOARD CHAIR AND CHAIR OF SSP'S HR COMMITTEE CONDUCTS A FORMAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AT THE END OF THE FISCAL YEAR. BASED ON ACCOMPLISHMENTS AGAINST GOALS, THE EXECUTIVE DIRECTOR'S COMPENSATION IS DISCUSSED WITH THE EXECUTIVE COMMITTEE AND RECOMMENDED SALARY INCREASE IS ALIGNED WITH THE PROFESSIONAL FOR NONPROFITS ANNUAL NONPROFIT SALARY AND STAFFING REPORT FOR THE NEW YORK CITY AREA. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON SSP'S WEBSITE.