2016-07-05T15:52:05-05:00 2015-08-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2014-09-01 061597902 FRIENDS OF THE CHILDREN NEW YORK FRIE 2128656942 204A WEST 115TH STREET POB 1649 NEW YORK NY 10026 JEROME GRANT EXECUTIVE DIRECTOR 2128656942 2016-07-05 1 GARRETT M HIGGINS P00543209 9143818900 2016-07-05 2014 2016-09-27 15:27:22Z JEROME GRANT 204A WEST 115TH STREET POB 1649 NEW YORK NY 10026 2282696 0 X WWW.FRIENDSOFTHECHILDRENNY.ORG X 2000 NY TO CHANGE THE DESTINY OF NEW YORK CITY'S MOST VULNERABLE CHILDREN ONE CHILD AT A TIME. 21 21 48 55 0 0 2080673 2226882 0 0 2785 3314 -38224 -36946 2045234 2193250 0 0 0 0 1406912 1531321 0 0 214531 537981 529960 1944893 2061281 100341 131969 812249 941488 25531 22801 786718 918687 X WE SPEND SIX WEEKS OBSERVING ALL KINDERGARTENERS IN OUR FIVE PARTNER SCHOOLS IN HARLEM. WORKING WITH TEACHERS, PRINCIPALS AND GUIDANCE COUNSELORS WE RANK ALL THE KINDERGARTENERS IN TERMS OF THE RISK FACTORS THEY FACE. WE BEGIN ENROLLING CHILDREN STARTING FROM THE BOTTOM OF THE LIST, THOSE FACING THE HIGHEST NUMBER OF RISK FACTORS. EACH ACHIEVER IS PAIRED WITH A FULL-TIME, PAID, PROFESSIONAL YOUTH ADVOCATE (CALLED A "FRIEND") FROM KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION. THE FRIEND SPENDS FOUR HOURS EACH WEEK, ONE-ON-ONE WITH EACH OF THE EIGHT ACHIEVERS ON THEIR CASELOAD. FRIENDS SPEND TIME INSIDE THE ACHIEVER'S CLASSROOM AND ON ENRICHMENT OUTINGS THROUGHOUT THE CITY. 0 0 1671399 FRIENDS OF THE CHILDREN NEW YORK IS A CHAPTER OF A NATIONWIDE ORGANIZATION DEDICATED TO BREAKING THE CYCLE OF GENERATIONAL POVERTY THROUGH SALARIED, PROFESSIONAL MENTORING. WE SELECT THE HIGHEST-RISK CHILDREN FROM HARLEM AND THE SOUTH BRONX AND COMMIT TO WORKING WITH THOSE CHILDREN FROM KINDERGARTEN TO HIGH SCHOOL GRADUATION. WE PROVIDE EACH CHILD WITH A PROFESSIONAL MENTOR WHOM WE CALL A FRIEND, FOR THEIR ENTIRE SCHOOL EXPERIENCE FOR AT LEAST 12 YEARS. NO MATTER WHAT, MOVING MENTORING OUT OF THE VOLUNTEER REALM ENSURES THE QUALITY, CONSISTENCY AND COMMITMENT NEEDED TO HELP CHILDREN CREATE NEW STORIES AND BREAK THE CYCLE OF POVERTY.THE FRIEND SERVES AS A ROLE MODEL, COACH AND ENCOURAGER, ALLOWING THE ACHIEVER TO INTERACT WITH AN ADULT WHOSE VALUES AND BEHAVIORS OFTEN CONTRAST TO THOSE OF OTHER ADULTS IN THEIR LIVES. WHILE THE ACHIEVERS ARE IN OUR PROGRAM FOR 13 YEARS FOR A MINIMUM OF FOUR HOURS A WEEK, WE TRANSITION THEM THROUGH TWO DIFFERENT PROGRAMS: CHILD AND THE ADOLESCENT PROGRAMS. THE CHILD PROGRAM STRESSES THE IMPORTANCE OF ONE-ON-ONE TIME BETWEEN ACHIEVER AND FRIEND. IN THE ADOLESCENT PROGRAM, THE ONE-ON-ONE RELATIONSHIP IS SUPPLEMENTED WITH PEER GROUP INVOLVEMENT APPROPRIATE TO THE DEVELOPMENTAL NEEDS OF ADOLESCENTS UNDER THE SUPERVISION OF A FRIEND. 1671399 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 48 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X JEROME GRANT EXECUTIVE DIRECTOR 2128656942 204A WEST 115TH STREET POB 1649 NEW YORK NY 10026 JOAN D ROSENTHAL CHAIRPERSON 2.00 X X 0 0 0 KEN EPSTEIN VICE CHAIRPERSON 1.00 X X 0 0 0 PAUL LEWIS TREASURER 1.00 X X 0 0 0 JAMES ISELIN CO-SECRETARY 1.00 X X 0 0 0 MATTHEW LANDY CO-SECRETARY 1.00 X X 0 0 0 BETTINA BENSON BOARD MEMBER 1.00 X 0 0 0 BERNA BARSHAY BOARD MEMBER 1.00 X 0 0 0 KATHY MAURELLA BOARD MEMBER 1.00 X 0 0 0 PATRICK D MCGRATH BOARD MEMBER 1.00 X 0 0 0 HON KATHLEEN A ROBERTS BOARD MEMBER 1.00 X 0 0 0 AARON PEYTON BOARD MEMBER 1.00 X 0 0 0 CHRISTINE MOOG BOARD MEMBER 1.00 X 0 0 0 CHRIS ROLLINS BOARD MEMBER 1.00 X 0 0 0 GEOFF ISENMAN BOARD MEMBER 1.00 X 0 0 0 PETER W KOLP BOARD MEMBER 1.00 X 0 0 0 SHEILA N MCGILLICUDDY TERM ENDED JUNE 2015 1.00 X 0 0 0 ELISABETH WADSWORTH BOARD MEMBER 1.00 X 0 0 0 ERICA BAIRD BOARD MEMBER 1.00 X 0 0 0 PARTHEEV SHAH BOARD MEMBER 1.00 X 0 0 0 LAWRENCE LAROSE BOARD MEMBER 1.00 X 0 0 0 RONALD S ZUVICH BOARD MEMBER 1.00 X 0 0 0 HOWARD LORSCH BOARD MEMBER 1.00 X 0 0 0 ROBERT L HOUCK PHD EXECUTIVE DIRECTOR 40.00 X 139701 0 7934 139701 0 7934 1 0 0 0 0 286448 1940434 10143 2226882 3314 3314 52500 286448 89446 -36946 -36946 2193250 0 0 -33632 162693 136835 9232 16626 1119386 941471 63525 114390 117079 101232 5400 10447 132163 105668 6948 19547 14375 14375 31710 31710 1000 1000 83814 47017 7617 29180 15532 15532 155291 139992 3803 11496 15731 15731 29477 29477 16535 15428 1107 CHILDREN'S ACTIVITIES 134554 134554 STAFF DEVELOPMENT 31941 19096 12845 2061281 1671399 175351 214531 70404 136924 478382 556545 155000 125000 10683 24364 160042 92644 68723 67398 29057 31257 812249 941488 17206 14250 8325 8551 25531 22801 X 39218 485215 747500 433472 786718 918687 812249 941488 131969 0 X X 0 1 X 1 0 X 1319396 1419629 1831016 2080673 2226882 8877596 1319396 1419629 1831016 2080673 2226882 8877596 2690883 6186713 236 798 1803 2785 3314 8936 8886532 210602 0.69620 0.71140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111660 49787 61873 48382 42857 5525 67398 DEFERRED RENT 8551 8551 X 2193250 0 2193250 0 2193250 2061281 0 2061281 0 2061281 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2012. FRIENDRAISER 296327 255827 40500 2300 49410 32981 BOWL-A-THON 42621 30621 12000 3565 1190 338948 286448 52500 5865 50600 32981 89446 -36946 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION BEGAN USING AN OUTSIDE MANAGEMENT COMPANY, TRINET AS OF MAY 1, 2015 ("PEO") AS A CO-EMPLOYER. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BY-LAWS AS FOLLOWS: -SECTION 5.1 TO ALLOW FOR CO-VICE CHAIRPERSONS AND CO-SECRETARIES CONSISTENT WITH FOTCNY'S PRACTICES. -SECTION 5.5 THAT NO EMPLOYEE OF FOTCNY MAY SERVE AS CHAIRPERSON OF THE BOARD CONSISTENT WITH THE NONPROFIT REVITALIZATION ACT. -SECTION 6.2 TO REFLECT NEW GUIDELINES FOR THE EXECUTIVE COMMITTEE. -INCLUDED DESCRIPTIONS OF AUDIT, CONFLICT OF INTEREST, AND WHISTLEBLOWER POLICY OVERSIGHT RESPONSIBILITIES CONSISTENT WITH NPCL 712-A, AS AMENDED BY THE NONPROFIT REVITALIZATION ACT. -SECTION 6.4 TO DESCRIBE THE ROLE OF THE "PROGRAM COMMITTEE". -ARTICLE 10 WAS MADE CONSISTENT WITH PROCEDURES REQUIRED TO AUTHORIZE TRANSACTIONS GIVING RISE TO A CONFLICT OF INTEREST UNDER THE NONPROFIT REVITALIZATION ACT. FORM 990, PART VI, SECTION B, LINE 11 FRIENDS OF THE CHILDREN NEW YORK 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 AND THE EXECUTIVE DIRECTOR 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 ANY RELATIONSHIP BETWEEN A VENDOR AND AN EMPLOYEE, OFFICER OR BOARD MEMBER MUST BE DISCLOSED TO THE BOARD. AN ANNUAL DISCLOSURE STATEMENT WAS COMPLETED AT THE BEGINNING OF THE FISCAL YEAR. THE GOVERNANCE COMMITTEE MONITORS ANY ISSUES RAISED. IF ANY BOARD MEMBER OR OFFICER IS AWARE OF A POTENTIAL CONFLICT OF INTEREST THEY ARE REQUIRED TO DESCRIBE THE POTENTIAL CONFLICT TO THE BOARD AND RECUSE THEMSELVES FROM DISCUSSION OF THE MATTER AND FROM ANY VOTE OR ACTION ON THE ITEM. THE EXECUTIVE DIRECTOR REVIEWS ALL FINANCIAL TRANSACTIONS AND BRINGS TO THE BOARD ANY POTENTIAL CONFLICTS OF INTEREST FOR DISCUSSION. FAILURE TO DISCLOSE BY A BOARD MEMBER IS CAUSE FOR REMOVAL FROM THE BOARD AND FAILURE TO DISCLOSE BY THE EXECUTIVE DIRECTOR IS CAUSE FOR TERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR AS A PART OF THE ANNUAL PERFORMANCE EVALUATION CONDUCTED IN JULY OR AUGUST WHICH WAS LAST UNDERTAKEN IN JULY 2015. THE BOARD USES THE NONPROFIT COORDINATING COMMITTEE OF NEW YORK ANNUAL COMPENSATION SURVEY AND OTHER SOURCES AS A COMPENSATION GUIDE IN MAKING THE DECISION. THE FINANCE COMMITTEE OF THE BOARD WORKING WITH THE EXECUTIVE DIRECTOR SETS THE COMPENSATION FOR ALL POSITIONS AS A PART OF THE ANNUAL BUDGET PREPARATION PROCESS. THESE RECOMMENDATIONS ARE PRESENTED TO THE FULL BOARD FOR APPROVAL AS A PART OF THE ANNUAL BUDGETING PROCESS. THE DISCUSSIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES AND THE MINUTES OF ANY COMMITTEE MEETING INVOLVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE OR UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.