2016-11-15T10:53:28-06:00 2015-12-31 GHP Horwath PC 1801 California Street Suite 2200 Denver CO 80202 990 2015-01-01 263349334 A Precious Child Inc % CARINA MARTIN APRE 3034664272 557 Burbank Street Unit E Broomfield CO 80020 CARINA MARTIN CEO 2015-11-14 true Shelley A Owens CPA P00517745 3038315000 2015 2017-02-10 21:41:12Z CARINA MARTIN 557 Burbank Street Unit E Broomfield CO 80020 6608198 false X www.apreciouschild.org X 2008 CO A Precious Child, Inc. is devoted to making a positive impact in the lives of disadvantaged and displaced children and families in Colorado by improving their quality of life. 14 14 27 3503 0 4593422 6459957 0 0 1594 740 -4065 -97375 4590951 6363322 3637 11991 0 0 510894 736143 637 0 119837 3697826 4984518 4212994 5732652 377957 630670 926335 1557046 42620 42661 883715 1514385 X A PRECIOUS CHILD, INC IS A 501(C)(3) NONPROFIT ORGANIZATION DEVOTED TO MAKING A POSITIVE IMPACT IN THE LIVES OF DISADVANTAGED AND DISPLACED CHILDREN AND FAMILIES IN COLORADO BY IMPROVING THEIR QUALITY OF LIFE. false false 464420 THE FILL A BACKPACK (F.A.B.) PROGRAM OPERATES DURING THE SUMMER MONTHS LEADING UP TO THE BEGINNING OF THE SCHOOL YEAR. THIS PROGRAM SUPPLIES CHILDREN WITH NECESSARY SCHOOL SUPPLIES WHOSE FAMILIES OTHERWISE COULD NOT AFFORD THEM. IN 2015, THE F.A.B. PROGRAM PROVIDED OVER 8,474 BACKPACKS FILLED WITH SCHOOL SUPPLIES TO NEEDY CHILDREN. 4014793 PRECIOUS ESSENTIALS PROVIDED CLOTHING, SHOES AND OTHER ESSENTIALS TO CHILDREN AND FAMILIES WHO ARE DESPERATELY IN NEED. IN 2015 OVER $2,170,705 IN CLOTHING, COATS, SHOES, AND OTHER ESSENTIALS WERE PROVIDED TO NEARLY 12,346 COLORADO RESIDENTS. 405116 PRECIOUS GIFT PROVIDED GIFTS TO NEEDY CHILDREN DURING THE MONUMENTAL TIMES IN THEIR LIVES SUCH AS BIRTHDAYS AND DURING THE HOLIDAY SEASON. MORE THAN 7,779 CHILDREN WERE PROVIDED WITH BIRTHDAY AND HOLIDAY PRESENTS IN 2015 AT A VALUE OF OVER $375,104. 54636 PRECIOUS BOUTIQUE PROVIDED CLOTHING AND BASIC NECESSITIES TO 341 FAMILIES IN NEED. 313672 BASICS 4 BABIES PROVIDED DIAPERS, WIPES, FORMULA AND OTHER BABY ESSENTIALS TO 1,565 FAMILIES IN NEED. 199588 GIVESPORTS PROVIDED SCHOLARSHIPS AND SPORTS EQUIPMENT TO 4,333 CHILDREN IN NEED. 55784 THE LEARNING CENTER ENSURES THAT EVERY CHILD WHO COMES TO THE RESOURCE CENTER IS PROVIDED WITH A SAFE SPACE THAT ENCOURAGES STEM-BASED LEARNING AND COMPLEMENTS THEIR ACADEMIC STUDIES. 735 CHILDREN WERE SERVED IN 2015. 7837 Truancy Intervention provideD incentive awards to students who have improved attendence in school as an early intervention initiative. 301 CHILDREN WERE SERVED IN 2015. 631517 5515846 true true false false false false false false true true false false false false true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 0 0 true 27 true false false false false false true true false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false X CARINA MARTIN 3034664272 557 BURBANK STREET UNIT E BROOMFIELD CO 80020 X Carina Martin Founder/CEO 40.0 0.0 X X 0 0 0 Laura Rinker Chair 3.0 0.0 X X 0 0 0 Dave Krause Vice-Chair 3.0 0.0 X X 0 0 0 Bill Unrein Treasurer 3.0 0.0 X X 0 0 0 Karen Frey Secretary 3.0 0.0 X X 0 0 0 Mike King Director 3.0 0.0 X 0 0 0 Frank Milinazzo Director 3.0 0.0 X 0 0 0 Nagesh Anupindi Director 3.0 0.0 X 0 0 0 Nancy Clark Director 3.0 0.0 X 0 0 0 Mark Hughes Director 3.0 0.0 X 0 0 0 Andy Conigliaro Director 3.0 0.0 X 0 0 0 Kirsten Delaney Director 3.0 0.0 X 0 0 0 Laurinda Pang Director 3.0 0.0 X 0 0 0 Michael Sandstrum Director 3.0 0.0 X 0 0 0 0 0 0 0 false false false 0 X 703584 57274 5699099 4997149 6459957 0 740 740 0 0 0 0 0 0 147501 703584 244876 -97375 -97375 0 0 0 6363322 -96635 0 11991 11991 0 0 0 0 655079 502081 62499 90499 0 28150 20775 2329 5046 52914 40895 4930 7089 0 0 10000 9000 1000 0 0 0 2902 2612 290 13018 9769 1052 2197 35552 33254 2298 18691 14269 1594 2828 0 166842 148992 15360 2490 0 0 0 0 0 3436 3436 4993 4334 483 176 PROGRAM MATERIALS 4681998 4681998 VEHICLE EXPENSES 4694 4603 91 CREDIT CARD FEES 19958 15359 1891 2708 STAFF DEVELOPMENT EXPENSES 9681 6839 1685 1157 12753 5639 1467 5647 5732652 5515846 96969 119837 X 484319 757836 0 0 6200 20820 0 0 0 0 0 0 0 0 374080 704514 41919 32781 36992 9062 6875 27930 12942 13165 0 0 0 0 0 0 0 0 926335 1557046 15370 42661 0 0 27250 0 0 0 0 0 0 0 0 0 0 0 0 0 42620 42661 X 866640 1336621 5000 165689 12075 12075 883715 1514385 926335 1557046 X 630670 X false true X false false X 1503068 2153165 3554586 4593422 6459957 18264198 0 0 1503068 2153165 3554586 4593422 6459957 18264198 0 18264198 79 1594 740 2413 0 0 18266611 0.99987 0.99256 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12942 0 223 13165 11890 0 1052 12942 0 12075 -185 11890 1.00000 true false 36992 9062 27930 27930 0 0 X 7161375 632392 165661 798053 6363322 6363322 6530705 632392 165661 798053 5732652 5732652 FIN 48 (ASC 740) FOOTNOTE THE ORGANIZATION IS OPERATED AS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2015 and 2014. THE ORGANIZATION RECOGNIZES TAX LIABILITIES WHEN, DESPITE THE ORGANIZATION'S BELIEF THAT ITS TAX RETURN POSITIONS ARE SUPPORTABLE, THE ORGANIZATION BELIEVES THAT CERTAIN POSITIONS MAY NOT BE FULLY SUSTAINED UPON REVIEW BY TAX AUTHORITIES. BENEFITS FROM TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT. THE ORGANIZATION HAS CONCLUDED THERE IS NO TAX LIABILITY OR BENEFIT REQUIRED TO BE RECORDED AS OF DECEMBER 31, 2015 or 2014. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS PRIOR TO 2012. PART XII LINE 2D FUNDRAISER EVENT EXPENSES: $21,724 DIRECT BENEFIT TO DONORS: $143,937 ------- $165,661 PART XI LINE 2D NET FUNDRAISING REVENUES: $165,661 Gala 562092 458182 103910 154338 Luncheon 149874 149874 24580 6 218334 174743 43591 65958 930300 782799 147501 244876 244876 -97375 true Scholarships to Participate in Team Sports 39 11991 Part I Question 2 Scholarship checks are never written directly to the recipient of the scholarship. Scholarship checks are written payable to the sports league or school, and a letter is included that clearly states the name of the child who is the recipient of the scholarship. X 4047285 FMV X SCHOOL SUPPLIES 0 367897 FMV X PRESENTS 0 375104 FMV X SPORTS EQUIPMENT 0 127148 FMV X AUCTION ITEMS 0 79215 FMV X EQUIPMENT 0 500 FMV false false false Form 990, Part VI, Section B, Line 12C Inquiries are made at board meetings to ensure that every member is in compliance with the conflict of interest policy. Form 990, Part VI, Section B, Line 15A & 15B The Organization determines employee compensation by looking at market comparisions, budget allowances and performance reviews. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy and financial information available to the public upon request. Form 990, Part VI, Section B, Line 11B Before filing the 990 it is reviewed by the CEO and Vice President of Finance & Human Resources and then forwarded to the Executive Committee of the board of directors for their final review and approval. A copy is provided to the entire Board of Directors. Once officially approved, it is filed with the IRS.