2016-05-06T14:25:09-05:00 2015-06-30 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FL EAST STAMFORD CT 06905 990 2014-07-01 454698768 50CAN ACTION FUND INC 50CA 2035869313 1625 K STREET NW NO 400 WASHINGTON DC 20006 MARC MAGEE PRESIDENT 2035869313 2016-05-03 1 ROBIN STRONG P00713382 2033232400 2016-05-03 2014 2016-08-17 19:52:53Z X MARC MAGEE 1625 K STREET NW NO 400 WASHINGTON DC 20006 369232 0 X N/A X 2012 CT CLOSING THE EDUCATIONAL ACHIEVEMENT GAP 4 3 0 5 0 0 208928 369232 0 0 0 0 0 0 208928 369232 0 135000 0 0 0 0 0 0 403 273657 236333 273657 371333 -64729 -2101 62902 35317 43842 18358 19060 16959 50CAN ACTION FUND IS ORGANIZED TO CLOSE THE RACIAL AND SOCIOECONOMIC ACHIEVEMENT GAPS THROUGH THE ENACTMENT OF PUBLIC POLICY CHANGES THAT SUPPORT GREAT SCHOOLS. 0 0 198797 ADVOCACY ACTIVITIES TO PROMOTE POLICY REFORM AIMED AT IMPROVING STUDENT ACADEMIC ACHIEVEMENT AND EDUCATIONAL EQUITY. THESE ACTIVITIES INCLUDED DEVELOPING POLICY POSITIONS ON RELEVANT EDUCATION QUESTIONS AND DIRECT LOBBYING ON RELATED LEGISLATIVE AND ADMINISTRATIVE TOPICS. 138350 135000 POLITICAL CAMPAIGN ACTIVITY BASED ON EDUCATION ISSUES. THESE ACTIVITIES INCLUDED PUBLIC COMMUNICATIONS THROUGH BOTH EARNED MEDIA AND MAILINGS ON EDUCATIONAL ISSUES AND GRASSROOTS OUTREACH THROUGH DOOR KNOCKING TO HOUSEHOLDS ON THESE TOPICS. 337147 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 12 0 0 0 0 0 0 1 1 0 X 4 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MN RI NY MD PA CT X X MARC MAGEE 2035869313 1625 K STREET NW NO 400 WASHINGTON DC 20006 ALEX JOHNSTON BOARD MEMBER 1.00 X 0 0 0 ED KIRBY BOARD CHAIR 1.00 X X 0 0 0 ANN BOROWIEC BOARD MEMBER 1.00 1.00 X 0 0 0 VALLAY-LATH VARRO BOARD MEMBER 1.00 50.00 X 0 155500 11028 MARC MAGEE PRESIDENT 1.00 50.00 X 0 226600 11544 0 382100 22572 0 0 1 0 0 189232 180000 369232 369232 0 0 0 135000 135000 19140 10527 8613 19791 19791 187381 187381 5899 1820 4079 1463 878 439 146 2569 1541 771 257 FILING FEES 90 90 371333 337147 33783 403 32900 29635 28214 4250 1788 1432 62902 35317 43842 18358 43842 18358 X 14283 12491 4777 4468 19060 16959 62902 35317 -2101 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138350 3350 135000 138350 0 MOVING RHODE ISLAND FORWARD INC 274 EVERGREEN AVENUE HAMDEN CT 06518 471502634 135000 PART I-A, LINE 1: THE ORGANIZATION SUPPORTED CANDIDATES COMMITTED TO POLICIES THAT CLOSE THE ACHIEVEMENT GAP. 0 X 369232 0 369232 0 369232 371333 0 371333 0 371333 PART X, LINE 2: 50CAN ACTION FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT 50CAN ACTION FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. 50CAN ACTION FUND IS SUBJECT TO EXAMINATION BY APPLICABLE TAX JURISDICTIONS SINCE INCEPTION IN 2012. 1 MOVING RHODE ISLAND FORWARD INC 274 EVERGREEN AVENUE HAMDEN CT 06518 471502634 527 135000 ELECTORAL SUPPORT 1 PART I, LINE 2: GRANTS ARE MADE TO ORGANIZATIONS TO SUPPORT THEIR POLITICAL ACTIVITIES. ANY FUNDS PROVIDED ARE DONOR-DIRECTED AND PASS-THROUGH TO POLITICAL ORGANIZATIONS. RECORDS ARE MAINTAINED TO ENSURE THE FUNDS ARE USED FOR THEIR INTENDED PURPOSES. ASSURANCE OVER THE USE OF FUNDS IS ALSO OBTAINED THROUGH THE EXISTING RELATIONSHIPS ESTABLISHED WITH THE DONORS. 0 0 0 0 0 0 0 0 0 VALLAY-LATH VARRO BOARD MEMBER 0 154500 0 1000 0 0 0 7766 0 3262 0 166528 0 0 MARC MAGEE PRESIDENT 0 226600 0 0 0 0 0 11316 0 228 0 238144 0 0 PART I, LINE 3 WHEN SETTING COMPENSATION FOR POSITIONS, 50CAN INC., A RELATED ENTITY, REVIEWS COMPENSATION SURVEYS FOR NON-PROFITS AND CONSIDERS OTHER EDUCATION REFORM GROUPS AND HOW THEY COMPENSATE THEIR EMPLOYEES. RAISES AND PROMOTIONS ARE USUALLY BASED ON 50 CAN'S PERFORMANCE REVIEW SYSTEMS. ONCE COMPENSATION HAS BEEN DETERMINED, A CHART IS SUBMITTED TO THE BOARD OF DIRECTORS WITH EXPLANATIONS OF ANY PROPOSED CHANGES AND THE BOARD THEN VOTES ON THESE FIGURES DURING AN EXECUTIVE SESSION. FORM 990, PART VI, SECTION A, LINE 8B 50CAN ACTION FUND HAS NOT FORMED ANY COMMITTEES OF THE BOARD TO DATE. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION 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 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 IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, 2) HAS READ AND UNDERSTANDS THE POLICY 3) HAS AGREED TO COMPLY WITH THE POLICY, AND 4) UNDERSTANDS THE ORGANIZATION IS A SOCIAL WELFARE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. 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 BY PROVIDING COPIES UPON REQUEST. FORM 990, PAGE 12, PART XII, QUESTION 2C THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF AUDITED FINANCIAL STATEMENTS, THE BOARD COLLECTIVELY REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS. 50CAN INC 1625 K ST NW SUITE 400 WASHINGTON DC 20006 273069592 TO CLOSE AMERICA'S ACHIEVEMENT GAP CT 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0