2016-10-21T09:46:43-05:00 2015-12-31 521022232 SNYDER COHN PC 11200 ROCKVILLE PIKE SUITE 415 NORTH BETHESDA MD 20852 990 2015-01-01 010637743 MOST VALUABLE KIDS INC MOST 3019197180 11122 STEPHALEE LANE ROCKVILLE MD 20852 DARYLE BOBB FOUNDER 3019197180 2016-10-17 1 STEVEN M BRAUNSTEIN P00086901 3016526700 2015 2017-02-10 21:41:12Z DARYLE BOBB 11122 STEPHALEE LANE ROCKVILLE MD 20852 210378 0 X WWW.MOSTVALUABLEKIDS.ORG X 2002 MD TO FOSTER EDUCATIONAL AND SOCIAL ACHIEVEMENT OF UNDERPRIVILEGED CHILDREN. 14 14 1 16 0 0 108678 106145 26825 26695 16 16 44675 50296 180194 183152 0 0 0 0 46736 57269 0 0 28119 156053 76750 202789 134019 -22595 49133 254008 304420 18393 9531 235615 294889 TO FOSTER EDUCATIONAL AND SOCIAL ACHIEVEMENT OF UNDERPRIVILEGED CHILDREN. 0 0 58248 26695 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. 58248 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 6 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 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 BETH 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 ADAM KAPLAN 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 JENN SKOLOCHENKO-PLATT DIRECTOR 1.00 X 0 0 0 JOANNE HAMILTON DIRECTOR 1.00 X 0 0 0 NEIL KISHTER DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 67610 38535 106145 AGENCY FEES 900099 14525 14525 CHAPTER FEES 900099 12170 12170 26695 16 16 77522 67610 27226 50296 50296 183152 26695 0 50312 X 39922 27138 11088 1696 17347 13878 2602 867 4000 4000 49683 11895 13998 23790 424 424 7233 1457 4539 1237 2645 2116 529 3614 3614 3065 3065 POSTAGE AND DELIVERY 2421 1899 522 MISCELLANEOUS EXPENSE 1981 1981 MEALS AND ENTERTAINMENT 809 809 GIFTS 500 500 375 375 134019 58248 47652 28119 173367 214431 31011 31027 13062 17420 17407 9799 10014 7608 26554 33934 254008 304420 17076 9132 1317 399 18393 9531 X 235615 294889 235615 294889 254008 304420 X 49133 10141 X 0 0 0 X 992345 715318 931582 932136 753235 4324616 992345 715318 931582 932136 753235 4324616 95593 4229023 16 13 19 16 16 80 4324696 0.97790 0.98180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7907 6632 1275 9500 3167 6333 7608 OTHER ASSETS - TICKETS 33934 33934 ACCRUED PAYROLL TAXES 399 399 GOLF TOURNAMENT 86578 67610 18968 18968 SILENT AUCTION 45471 0 45471 7227 2 13083 0 13083 1031 145132 67610 77522 27226 27226 50296 X EVENT TICKETS 3809 0 0 0 0 PART I, LINE 33: THE ORGANIZATION RECEIVED CONTRIBUTIONS OF EVENT TICKETS WITH A FAIR VALUE OF $542,873 DURING 2015. 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 2 DARYLE BOBB, FOUNDER, AND BETH BOBB, DIRECTOR, ARE MARRIED. 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 11 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 IX, LINE 11G BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 662. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 662. MERCHANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,441. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,441. CONSULTING: PROGRAM SERVICE EXPENSES 11,895. MANAGEMENT AND GENERAL EXPENSES 11,895. FUNDRAISING EXPENSES 23,790. TOTAL EXPENSES 47,580. FORM 990, PART XI, LINE 9: REVENUE ON BOOKS NOT ON RETURN 10,141. FORM 990, PART XI, LINE 9 THE ORGANIZATION RECEIVED CONTRIBUTIONS OF EVENT TICKETS WITH A FAIR VALUE OF $542,873 DURING 2015, OF WHICH $33,934 WAS FOR 2016 EVENTS. THESE TICKETS WERE INCLUDED IN OTHER ASSETS ON THE BALANCE SHEET AS OF DECEMBER 31, 2015. 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, 2015 AND TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2014. THE $10,141 CHANGE IN TICKETS CONTRIBUTED NOT NOT YET USED AT DECEMBER 31, 2015 AND TICKETS CONTRIBUTED BUT NOT YET USED AT DECEMBER 31, 2014 WAS REPORTED FOR BOOK PURPOSES, NOT TAX PURPOSES, AS OF DECEMBER 31, 2015. 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.