2017-07-13T14:01:04-05:00 2016-08-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2015-09-01 061597902 FRIENDS OF THE CHILDREN NEW YORK FRIE 2128656942 204A WEST 115TH STREET NEW YORK NY 10026 JOAN D ROSENTHAL CHAIRPERSON 2128656942 2017-07-12 1 GARRETT M HIGGINS P00543209 9143818900 2017-07-12 2015 2021-01-29 14:40:06Z JOAN D ROSENTHAL 204A WEST 115TH STREET NEW YORK NY 10026 2563872 0 X WWW.FRIENDSOFTHECHILDRENNY.ORG X 2000 NY TO CHANGE THE DESTINY OF NEW YORK CITY'S MOST VULNERABLE CHILDREN ONE CHILD AT A TIME. 21 21 44 48 0 0 2226882 2504662 0 0 3314 2650 -36946 -65197 2193250 2442115 0 0 0 0 1531321 1900625 0 0 233499 529960 526072 2061281 2426697 131969 15418 941488 1080945 22801 154140 918687 926805 X WE SPEND SIX WEEKS OBSERVING ALL KINDERGARTENERS IN OUR PARTNER SCHOOLS, THREE IN HARLEM AND THREE IN THE SOUTH BRONX. WORKING WITH TEACHERS, PRINCIPALS AND GUIDANCE COUNSELORS WE RANK ALL THE KINDERGARTENERS IN TERMS OF THE RISK FACTORS THEY FACE. WE BEGIN ENROLLING CHILDREN STARTING FROM THE BOTTOM OF THE LIST, THOSE FACING THE HIGHEST NUMBER OF RISK FACTORS. EACH ACHIEVER IS PAIRED WITH A FULL-TIME, PAID, PROFESSIONAL YOUTH ADVOCATE (CALLED A "FRIEND") FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION. THE FRIEND SPENDS FOUR HOURS EACH WEEK, ONE-ON-ONE WITH EACH OF THE EIGHT ACHIEVERS ON THEIR CASELOAD. FRIENDS SPEND TIME INSIDE THE ACHIEVER'S CLASSROOM AND ON ENRICHMENT OUTINGS THROUGHOUT THE CITY. 0 0 1997683 FRIENDS OF THE CHILDREN NEW YORK IS A CHAPTER OF A NATIONWIDE ORGANIZATION DEDICATED TO BREAKING THE CYCLE OF GENERATIONAL POVERTY THROUGH SALARIED, PROFESSIONAL MENTORING. WE SELECT THE HIGHEST-RISK CHILDREN FROM HARLEM AND THE SOUTH BRONX AND COMMIT TO WORKING WITH THOSE CHILDREN FROM KINDERGARTEN TO HIGH SCHOOL GRADUATION. WE PROVIDE EACH CHILD WITH A PROFESSIONAL MENTOR WHOM WE CALL A FRIEND, FOR THEIR ENTIRE SCHOOL EXPERIENCE FOR AT LEAST 12 YEARS. NO MATTER WHAT, MOVING MENTORING OUT OF THE VOLUNTEER REALM ENSURES THE QUALITY, CONSISTENCY AND COMMITMENT NEEDED TO HELP CHILDREN CREATE NEW STORIES AND BREAK THE CYCLE OF POVERTY.THE FRIEND SERVES AS A ROLE MODEL, COACH AND ENCOURAGER, ALLOWING THE ACHIEVER TO INTERACT WITH AN ADULT WHOSE VALUES AND BEHAVIORS OFTEN CONTRAST TO THOSE OF OTHER ADULTS IN THEIR LIVES. WHILE THE ACHIEVERS ARE IN OUR PROGRAM FOR 13 YEARS FOR A MINIMUM OF FOUR HOURS A WEEK, WE TRANSITION THEM THROUGH TWO DIFFERENT PROGRAMS: CHILD AND THE ADOLESCENT PROGRAMS. THE CHILD PROGRAM STRESSES THE IMPORTANCE OF ONE-ON-ONE TIME BETWEEN ACHIEVER AND FRIEND. IN THE ADOLESCENT PROGRAM, THE ONE-ON-ONE RELATIONSHIP IS SUPPLEMENTED WITH PEER GROUP INVOLVEMENT APPROPRIATE TO THE DEVELOPMENTAL NEEDS OF ADOLESCENTS UNDER THE SUPERVISION OF A FRIEND. IN FISCAL 2016 THE TWO PROGRAMS SERVED AN AVERAGE OF 161 CHILDREN AND ADOLESCENTS. 1997683 1 1 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 1 6 0 44 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X JOAN D ROSENTHAL CHAIRPERSON 2128656942 204A WEST 115TH STREET NEW YORK NY 10026 JOAN D ROSENTHAL CHAIRPERSON 3.00 X X 0 0 0 KENNETH R EPSTEIN VICE CHAIRPERSON 1.00 X X 0 0 0 PAUL M LEWIS TREASURER 1.00 X X 0 0 0 JAMES ISELIN SECRETARY 1.00 X X 0 0 0 MATTHEW LANDY BOARD MEMBER 1.00 X 0 0 0 BETTINA BENSON BOARD MEMBER 1.00 X 0 0 0 BERNA BARSHAY BOARD MEMBER 1.00 X 0 0 0 KATHY MAURELLA BOARD MEMBER 1.00 X 0 0 0 PATRICK D MCGRATH BOARD MEMBER 1.00 X 0 0 0 HON KATHLEEN A ROBERTS BOARD MEMBER 1.00 X 0 0 0 AARON PEYTON BOARD MEMBER, THRU OCT 2015 1.00 X 0 0 0 CHRISTINE MOOG BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER ROLLINS BOARD MEMBER 1.00 X 0 0 0 GEOFF ISENMAN BOARD MEMBER 1.00 X 0 0 0 PETER W KOLP BOARD MEMBER 1.00 X 0 0 0 ELISABETH WADSWORTH BOARD MEMBER 1.00 X 0 0 0 ERICA BAIRD BOARD MEMBER 1.00 X 0 0 0 PARTHEEV SHAH BOARD MEMBER 1.00 X 0 0 0 LAWRENCE LAROSE BOARD MEMBER 1.00 X 0 0 0 RONALD S ZUVICH BOARD MEMBER 1.00 X 0 0 0 HOWARD LORSCH BOARD MEMBER 1.00 X 0 0 0 JAMES I MCCLAMMY BOARD MEMBER 1.00 X 0 0 0 ROBERT L HOUCK PHD EXECUTIVE DIRECTOR, THRU SEP 2015 40.00 X 129451 0 12475 JEROME D GRANT EXECUTIVE DIRECTOR, AS OF JAN 2016 40.00 X 0 0 0 129451 0 12475 1 0 0 0 0 349907 2154755 2504662 2650 2650 56560 349907 121757 -65197 -65197 2442115 0 0 -62547 120713 101310 7574 11829 1405040 1179198 88164 137678 219881 181873 13347 24661 154991 128261 9418 17312 19390 15375 4015 15334 6954 1380 7000 2060 2060 109243 69707 17467 22069 18750 18750 157888 148711 2303 6874 4432 4432 2135 2135 26630 26630 16505 15225 1280 CHILDREN'S ACTIVITIES 125333 125333 STAFF DEVELOPMENT 28372 21304 992 6076 2426697 1997683 195515 233499 136924 213315 556545 138680 125000 640361 24364 10683 171866 119274 67398 52592 31257 25314 941488 1080945 14250 148650 8551 5490 22801 154140 X 485215 164352 433472 762453 918687 926805 941488 1080945 X 15418 -7300 X X 0 1 X 1 0 X 1419629 1831016 2080673 2226882 2504662 10062862 1419629 1831016 2080673 2226882 2504662 10062862 2641639 7421223 798 1803 2785 3314 2650 11350 10074212 173697 0.73670 0.69620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111660 74151 37509 60206 45123 15083 52592 DEFERRED RENT 5490 5490 X 2442115 0 2442115 0 2442115 2433997 7300 7300 2426697 0 2426697 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2013. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES 7,300. FRIENDRAISER 351360 294800 56560 3050 63196 1000 32540 BOWL-A-THON 52395 52395 15858 1183 2 2712 2712 4930 406467 349907 56560 18908 63196 1000 38653 121757 -65197 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES AN OUTSIDE MANAGEMENT COMPANY, TRINET, A PROFESSIONAL EMPLOYER ORGANIZATION ("PEO") AS A CO-EMPLOYER. THE EXECUTIVE DIRECTOR LISTED IN PART VII, ROBERT L. HOUCK IS PAID BY THE PEO. HIS CALENDAR YEAR 2015 COMPENSATION IS REPORTED IN PART VII, SECTION A. HIS 2015 W-2 COMPENSATION AS WELL AS DEFERRED COMPENSATION AND NON-TAXABLE BENEFITS WERE AS FOLLOWS: -ROBERT L HOUCK: $106,086 BASE COMPENSATION, $15,000 BONUS, $8,365 OTHER COMPENSATION, $0 DEFERRED COMPENSATION, AND $12,475 NON-TAXABLE BENEFITS. FORM 990, PART VI, SECTION B, LINE 11 FRIENDS OF THE CHILDREN NEW YORK HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS AND THE EXECUTIVE DIRECTOR OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY RELATIONSHIP BETWEEN A VENDOR AND AN EMPLOYEE, OFFICER OR BOARD MEMBER MUST BE DISCLOSED TO THE BOARD. AN ANNUAL DISCLOSURE STATEMENT WAS COMPLETED AT THE BEGINNING OF THE FISCAL YEAR. THE GOVERNANCE COMMITTEE MONITORS ANY ISSUES RAISED. IF ANY BOARD MEMBER OR OFFICER IS AWARE OF A POTENTIAL CONFLICT OF INTEREST THEY ARE REQUIRED TO DESCRIBE THE POTENTIAL CONFLICT TO THE BOARD AND RECUSE THEMSELVES FROM DISCUSSION OF THE MATTER AND FROM ANY VOTE OR ACTION ON THE ITEM. THE EXECUTIVE DIRECTOR REVIEWS ALL FINANCIAL TRANSACTIONS AND BRINGS TO THE BOARD ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION. FAILURE TO DISCLOSE BY A BOARD MEMBER IS CAUSE FOR REMOVAL FROM THE BOARD AND FAILURE TO DISCLOSE BY THE EXECUTIVE DIRECTOR IS CAUSE FOR TERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR AS A PART OF THE ANNUAL PERFORMANCE EVALUATION CONDUCTED IN JULY OR AUGUST WHICH WAS LAST UNDERTAKEN IN DECEMBER 2015. THE BOARD USES THE NONPROFIT COORDINATING COMMITTEE OF NEW YORK ANNUAL COMPENSATION SURVEY AND OTHER SOURCES AS A COMPENSATION GUIDE IN MAKING THE DECISION. THE FINANCE COMMITTEE OF THE BOARD WORKING WITH THE EXECUTIVE DIRECTOR SETS THE COMPENSATION FOR ALL POSITIONS AS A PART OF THE ANNUAL BUDGET PREPARATION PROCESS. THESE RECOMMENDATIONS ARE PRESENTED TO THE FULL BOARD FOR APPROVAL AS A PART OF THE ANNUAL BUDGETING PROCESS. THE DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES AND THE MINUTES OF ANY COMMITTEE MEETING INVOLVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE OR UPON REQUEST. FORM 990, PART XI, LINE 9: WRITE OFF OF UNCOLLECTIBLE PLEDGES -7,300. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.