2016-10-17T00:00:00-05:00 2015-12-31 132550103 D'ARCANGELO & CO LLP 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 105731301 990 2015-07-01 133001065 JUNIOR ACHIEVEMENT OF THE HUDSON VALLEY INC JUNI 9145249760 12 HAMILTON PLACE NO 2 TARRYTOWN NY 105913404 CHRISTOPHER LEVENDOS CHAIRMAN 9145249760 2016-09-26 1 ALFRED F THOBEN P00836295 9146944600 2016-09-26 2015 2017-02-10 21:41:12Z X CHRISTOPHER LEVENDOS 12 HAMILTON PLACE SUITE 2 TARRYTOWN NY 105913404 73942 0 X HTTP://HUDSONVALLEY.JA.ORG/ X 1973 NY INSPIRE AND PREPARE YOUNG PEOPLE TO BE SUCCESSFUL IN A GLOBAL ECONOMY. X 14 14 3 0 0 0 176860 64688 0 0 369 156 45781 4927 223010 69771 0 0 0 0 81339 33840 0 0 3785 119890 49025 201229 82865 21781 -13094 32796 0 168121 0 -135325 0 TO INSPIRE AND PREPARE YOUNG PEOPLE TO BE SUCCESSFUL IN A GLOBAL ECONOMY. 0 0 68474 40237 PROVIDE EDUCATION PROGRAMS TO STUDENTS IN GRADES K TO 12, WHICH EXTENDS STUDENTS SKILL, KNOWLEDGE AND MOTIVATION TO BE SUCCESSFUL IN SCHOOL, IN THE WORKPLACE AND IN LIFE. THE EDUCATIONAL FOCUS IS TO PROVIDE CURRICULUM IN WORKFORCE READINESS, FINANCIAL LITERACY AND ENTREPRENEURSHIP. THE GOAL IN THE 2015-16 SCHOOL YEAR IS TO CONTINUE THE GROWTH IN STUDENT OUTREACH THROUGH OPERATIONS FOR THE SIX MONTH PERIOD FROM 7/1/15 TO 12/31/15, AND THE REMAINING SIX MONTH PERIOD, AFTER THE MERGER INTO JUNIOR ACHIEVEMENT OF NEW YORK, INC., FROM 1/1/16 TO 6/30/16 WHEN THE ORGANIZATION IS OPERATING AS A DIVISION OF JUNIOR ACHIEVEMENT OF NEW YORK, INC. 68474 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X X THE ORGANIZATION 9145249760 12 HAMILTON PLACE NO 2 TARRYTOWN NY 105913404 X EDWARD ANKUDAVICH BOARD SECRETARY/DIRECTOR 2.00 X X 0 0 0 CHRISTOPHER D LEVENDOS BOARD CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 MARLINE GRANT DIRECTOR 1.00 X 0 0 0 JAMES B WHITE DIRECTOR 1.00 X 0 0 0 JIM FOSINA VICE PRESIDENT/DIRECTOR 3.00 X X 0 0 0 MARIE GALLAGHER DIRECTOR 1.00 X 0 0 0 PETER F DE NICOLA DIRECTOR 1.00 X 0 0 0 JOHN P COLE DIRECTOR 1.00 X 0 0 0 JOHN M GALLAGHER BOARD TREASURER/DIRECTOR 1.00 X X 0 0 0 SHARON GORMAN DIRECTOR 1.00 X 0 0 0 SPENCER SCHWARTZ DIRECTOR 1.00 X 0 0 0 MICHAEL BELLACH DIRECTOR 1.00 X 0 0 0 CHARLIE HALL DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 24221 4000 36467 64688 156 156 9098 24221 4171 4927 4927 69771 0 0 5083 31388 26680 3139 1569 51 44 5 2 2401 2041 240 120 3079 2143 337 599 2760 2346 276 138 14261 12122 1426 713 1244 1056 124 64 4926 4926 10885 10885 451 383 68 PROGRAM MATERIALS 10575 10575 CREDIT CARD AND OTHER P 645 0 65 580 OTHER EXPENSES 199 199 82865 68474 10606 3785 18858 0 0 3158 0 0 0 0 0 0 0 0 0 0 6180 0 0 0 0 4600 0 32796 0 87654 0 80467 168121 0 X -135325 0 -135325 0 32796 0 X -13094 281 -3 148141 X X 1 X 0 1 0 X 308561 287501 263761 176860 64458 1101141 308561 287501 263761 176860 64458 1101141 381825 719316 205 211 242 369 156 1183 -2051 8288 19942 45781 33319 105279 1207603 0.59570 0.64220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 70049 281 281 69768 3 3 69771 82865 0 82865 0 82865 PART X, LINE 2: INCOME TAXES THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM NEW YORK STATE INCOME TAXES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE WHEREBY DONORS QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE ORGANIZATIONS ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. INFORMATION RETURNS FOR THE YEARS ENDED JUNE 30, 2012 TO 2015 ARE SUBJECT TO AUDIT BY THE APPLICABLE TAXING JURISDICTIONS. BOWL-A-THON/FIRST GIVING 33319 24221 9098 4171 33319 24221 9098 4171 4171 4927 ORGANIZATION STAFF 12 HAMILTON PLACE SUITE 2 TARRYTOWN NY 105913404 ORGANIZATION TRANSFERRED ALL OF ITS ASSETS, LIABILITES, NET ASSETS AND CERTAIN FUTURE RIGHTS AND OBLIGATIONS ON THE CLOSE OF BUSINESS ON DECEMBER 31, 2015 AS DESCRIBED IN THE FINAL STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2015. 2015-12-31 -148141 CASH VALUE OF ASSETS AND LIABILITIES ON THE CLOSING DATE OF THE MERGER (DECEMBER 31, 2015) 133031828 JUNIOR ACHIEVEMENT OF NEW YORK INC 420 LEXINGTON AVENUE NEW YORK NY 10170 501(C)(3) 1 0 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: THE MERGER AGREEMENT PROVIDED FOR THE IDENTIFICATION OF THREE TO FIVE INDIVIDUALS THAT WERE CURRENTLY SERVING AS UNCOMPENSATED DIRECTORS OR OFFICES OF JA HUDSON VALLEY WHO WILL BE ADDED TO THE UNCOMPENSATED BOARD OF DIRECTORS AND/OR ELECTED AS OFFICERS OF JA NEW YORK AS OF DECEMBER 31, 2015. THESE NEW DIRECTORS WILL HAVE THE SAME STATUS AND ALL OF THE RIGHTS AND RESPONSIBILITIES OF ALL OTHER DIRECTORS OF JA NEW YORK AND WILL NOT MERELY BE RESPRESENTATIVES OF JA HUDSON VALLEY AND ITS CONSTITUENCIES. PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: THE ELIGIBLE BOARD MEMBERS OF JA HUDSON VALLEY AS OF DECEMBER 31, 2015, IN ACCORDANCE WITH THE TERMS OF THE MERGER, WOULD BECOME DIRECTORS OR OFFICERS OF JA NEW YORK, AN AFFILIATED ORGANIZATION THROUGH THE MEMBERSHIP OF BOTH JA HUDSON VALLEY AND JA NEW YORK IN THE NATIONAL ORGANIZATION JUNIOR ACHIEVEMENT, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ESTABLISHED BOARD, BASED ON THE BY-LAWS OF THE CORPORTATION, SPONSORS NEW MEMBERS OF THE BOARD AND VOTES ON INVITING THE NEW MEMBER TO JOIN THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD DOES NOT ASSIGN GOVERNANCE MATTERS TO SEPARATE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD HAS DELEGATED THE REVIEW OF THE FORM 990 AND OTHER FINANCIAL INFORMATION TO THE KEY MEMBERS OF MANAGEMENT CONSISTING OF THE EXECUTIVE DIRECTOR AND VICE PRESIDENT OF FINANCE AND ADMINISTRATION. THE INITIAL DRAFT OF FORM 990 WAS SUBMITTED TO THOSE REPRESENTATIVES FOR REVIEW AND COMMENT ON THE ORGANIZATIONAL INFORMATION DISCLOSED. CHANGES AS REQUIRED WERE MADE TO REFLECT THE REVIEW COMMENTS. A REVISED DRAFT WAS SUBMITTED AND COPIES WERE E-MAILED TO ALL THE BOARD MEMBERS WITH A REQUEST THAT THEY REVIEW THE FORM 990 AND CONTACT THE EXECUTIVE DIRECTOR WITH ANY QUESTIONS WITHIN A WEEK OF RECEIVING THE FORM AND A NOTATION THAT THE RETURN HAD BEEN REVIEWED IN DETAIL BY THE KEY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE EACH YEAR. ANY ANSWERS INDICATING A POSSIBLE CONFLICT OF INTEREST ARE REVIEWED BY THE CHAIRMAN. THE ORGANIZATION HAS A POLICY OF NOT DOING BUSINESS WITH MEMBERS OF THE BOARD OR FORMER MEMBERS. THERE IS RARELY ANYTHING THAT HAS BEEN REPORTED ON THE QUESTIONNAIRE. IN THE EVENT THAT SOMETHING IS REPORTED, THE CHAIRMAN WILL EVALUATE WHETHER THE REPORTED MATTER REPRESENTS A MINOR CONFLICT NOT LIKELY TO EFFECT THE PERSONS RESPONSIBILITIES AS A BOARD MEMBER, OR COULD REPRESENT A SERIOUS CONFLICT THAT COULD COMPROMISE ACTIONS TAKEN BY THE BOARD. MINOR CONFLICTS WOULD BE DISCUSSED WITH THE BOARD MEMBER TO OUTLINE ANY RESTRICTION THAT COULD RESULT FROM THE CONFLICT IN CONDUCTING BOARD BUSINESS. A SERIOUS CONFLICT WOULD LIKEWISE BE DISCUSSED AND THE BOARD MEMBER REQUESTED TO RESIGN. AS INDICATED, DUE TO THE NATURE OF THE ORGANIZATION, THE ACTION THAT WOULD BE TAKEN UPON REPORTING A CONFLICT IS HYPOTHETICAL AS BOARD MEMBERS ARE INTERVIEWED PRIOR TO JOINING THE BOARD AND REQUIRED TO REPORT ANY CONFLICTS PRIOR TO BEING APPOINTED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEW ANNUALLY THE SALARY OF THE PRESIDENT (WHO IS THE CEO OF THE ORGANIZATION AND SERVES AS A NONVOTING MEMBER OF THE BOARD). MEMBERS OF THE BOARD ARE GENERALLY BUSINESS EXECUTIVES WORKING IN THE LOCAL COMMUNITY. THE BOARD DISCUSSES LOCAL SALARY AND BENEFIT PACKAGES FOR OTHER CEO'S OF SIMILAR ORGANIZATIONS, AND CONSIDER THE ORGANIZATION'S FINANCES IN MAKING A FINAL DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST MADE TO THE ORGANIZATION'S OFFICE. THE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE, OR MAY BE MADE AVAILABLE BY E-MAIL OF THE DOCUMENTS REQUESTED. FORM 990, PART XI, LINE 9: ORGANIZATION MERGED INTO JUNIOR ACHIEVEMENT OF NEW YORK, INC. AT 12/31/15 148,141. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE REVIEWS THE AUDIT REQUIREMENTS AND THE RELATIONSHIP WITH THE AUDITORS PROPOSED AND REPORT TO THE ENTIRE BOARD FOR A VOTE TO APPOINT THE AUDITORS. THE FINANCE COMMITTEE IS ALSO RESPONSIBLE FOR REVIEWING THE DRAFT OF THE AUDITED FINANCIAL STATEMENTS AND DRAFT FORM 990 TO ASSURE THAT THE FINANCIAL STATEMENTS ARE PROPERLY STATED AND PROPERLY REFLECT THE FINANCIAL POSITION AND ACTIVITIES OF THE ORGANIZATION. JUNIOR ACHIEVEMENT USA ONE EDUCATION WAY COLORADO SPRINGS CO 80906 841267604 PROVIDE LEADERSHIP TO SEPARATELY INCORPORATED JUNIOR ACHIEVEMENT ORG CO 501(C)(3) PUBLIC CHARITY 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 JUNIOR ACHIEVEMENT USA - LICENSING FEES B 10885 FAIR MKT VALUE JUNIOR ACHIEVEMENT WORLDWIDE - PURCHASE OF ED MATERIAL USED IN PROGRAMS H 9976 FAIR MKT VALUE JUNIOR ACHIEVEMENT WORLDWIDE - PAYMENT FOR SHARED HEALTH AND LIAB INSURANCE P 502 FAIR MKT VALUE JUNIOR ACHIEVEMENT OF NEW YORK - DISTRIBUTION OF NET ASSETS R -13094 NET (DEFICIT) ASSUMED IN MERGER JUNIOR ACHIEVEMENT OF NEW YORK - SHARING OF COMBINED CONTRIBUTIONS C 8000 FAIR MKT VALUE