2016-05-16T20:54:18-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 9365 COUNSELORS ROW STE 200 INDIANAPOLIS IN 46240 990 2014-07-01 263185485 ENTREPRENEURIAL VENTURES IN EDUCATION I ENTR 6178181959 1001 MARINA DRIVE NO 410 QUINCY MA 02171 TERRA SMITH FOUNDER 6178181959 2016-05-16 1 RT MURPHY P00843752 3175749100 2014 2016-08-17 19:52:53Z EARL MARTIN PHALEN 1001 MARINA DRIVE QUINCY MA 02171 4121647 0 X WWW.SUMMERADVANTAGE.ORG X 2009 MA TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. TO PROVIDE DIRECT EDUCATIONAL SERVICES, SUCH AS SUMMER LEARNING PROGRAMS. TO WORK WITH ORGANIZATIONS TO RAISE THE ACADEMIC ACHIEVEMENTS AND LIFE OPPORTUNITIES OF CHILDREN. TO WORK WITH PARENTS TO INCREASE THEIR ENGAGEMENT IN THE EDUCATIONAL SUCCESS OF THEIR CHILDREN; AND TO ENGAGE IN OTHER EDUCATIONAL AND CHARITABLE ACTIVITIES RELATED TO THE FOREGOING ACTIVITIES AND PURPOSES. 3 1 390 0 0 0 4024980 3782952 0 338690 950 5 0 0 4025930 4121647 0 0 0 0 2923323 2599608 0 0 248808 1926383 1821176 4849706 4420784 -823776 -299137 2127696 2125207 541791 838439 1585905 1286768 TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEDGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. 0 0 3580164 4121647 TO PROVIDE SERVICES TO IMPROVE THE EDUCATIONAL PERFORMANCE AND INCREASE THE LIFE ASPIRATIONS OF CHILDREN WHO ARE LIVING IN UNDERPRIVILEGED COMMUNITIES AND ARE CURRENTLY UNDER-PERFORMING. 3580164 1 1 0 0 0 0 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 1 0 0 1 0 0 0 0 1 0 0 0 1 11 0 1 390 1 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 IN IL NY MA X X THE ORGANIZATION 6178181959 1001 MARINA DRIVE QUINCY MA 02171 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECT 40.00 X X 163625 0 0 TERRA SMITH SECRETARY/RECRUITMENT 40.00 X X 167094 0 0 STEVEN TUCKER TREASURER 5.00 X X 0 0 0 330719 0 0 2 0 1 0 COMPENDIUM BUSINESS SOLUTIONS 12602 QUOTING POET COURT BOWIE MD 20720 CONSULTING 167094 1 3782952 562296 3782952 MANAGEMENT FEE'S PLA 611110 338690 338690 338690 5 5 4121647 338690 0 5 330719 191291 24890 114538 1986796 1638350 241175 107271 65857 51993 7561 6303 216236 170715 24825 20696 400 400 37945 37945 38427 9789 28638 250 250 17722 293 17429 74432 9250 65182 99834 99834 140086 51283 88803 455 455 40691 40691 L&E SCHOLAR ENROLLMENT, 601685 601685 SCHOOL CATERING 258715 258715 BUS TRANSPORTATION 203747 203747 PROGRAM MEALS & SUPPLIE 73647 72492 1155 233140 220077 13063 4420784 3580164 591812 248808 1266350 986777 4361 4181 701000 1001762 155985 132487 2127696 2125207 541791 351056 487383 541791 838439 X 1585905 1286768 0 0 1585905 1286768 2127696 2125207 -299137 0 X 0 0 0 X 4622476 3205228 3696530 2695455 3559346 17779035 569164 481424 328450 562296 1941334 5191640 3686652 4024980 2695455 4121642 19720369 2458218 17262151 3390 3305 950 1 5 7651 42725 10526 5 53256 19781276 0.87270 0.93660 X SCHEDULE A, PART VI 2013 VALUES STATED ON SCHEDULE A ARE FROM A SHORT YEAR RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE U.S. FEDERAL AND STATE INCOME TAX RETURNS OF THE ORGANIZATION AND ITS SUBSIDIARY ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FILINGS FOR TAX RETURNS FILED FOR TAX YEARS AFTER 2011 ARE STILL SUBJECT TO EXAMINATION AS OF JUNE 30, 2014. PART X, LINE2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE U.S. FEDERAL AND STATE INCOME TAX RETURNS OF THE ORGANIZATION AND ITS SUBSIDIARY ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FILINGS FOR TAX RETURNS FILED FOR TAX YEARS AFTER 2012 ARE STILL SUBJECT TO EXAMINATION AS OF JUNE 30, 2015. 0 0 0 0 0 0 0 0 0 EARL MARTIN PHALEN PRESIDENT/EXECUTIVE DIRECT 163625 0 0 0 0 0 0 0 0 0 163625 0 0 0 TERRA SMITH SECRETARY/RECRUITMENT 167094 0 0 0 0 0 0 0 0 0 167094 0 0 0 COMPENDIUM BUSINESS SOLUTIONS OWNED BY TERRA SMITH, SECRETARY/RECRUITMENT 167094 TERRA SMITH IS THE DIRECT RECIPIENT OF ALL INCOME RECEIVED VIA PAYMENTS TO COMPENDIUM BUSINESS SOLUTIONS. 0 X CATERING SERVICES 0 258715 FMV X TRANSPORTATION SERVICES 0 203747 FMV X UTILITIES 0 99834 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT OF THE BOARD REVIEWS THE IRS FORM 990 WITH THE PREPARER AND PROVIDES A COPY TO ALL BOARD MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF DIRECTORS DURING THE BUDGET APPROVAL ACTIVITIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT THE MASSACHUSETTS SECRETARY OF STATE WEBSITE. GEORGE & VERONICA PHALEN LEADERSHIP ACADEMY 2323 N ILLINOIS ST INDIANAPOLIS IN 46208 364729586 EDUCATION IN 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 GEORGE & VERONICA PHALEN LEADERSHIP ACADEMY Q 338690 CASH