TWO TEN FOOTWEAR FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- TWO TEN FOOTWEAR FOUNDATION INC (EIN 22-2579809)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-01-15
- IRS object ID
- 201520159349300817
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-01-15T10:04:46-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042734675 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL DENNIS & COMPANY LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 990 WASHINGTON STREET STE 308A | AddressLine1 |
| City | DEDHAM | City |
| State | MA | State |
| ZIP Code | 02026 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222579809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWO TEN FOOTWEAR FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TWOT | BusinessNameControlTxt |
| Phone | 7817361524 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1466 MAIN STREET | AddressLine1 |
| City | WALTHAM | City |
| State | MA | State |
| ZIP Code | 02451 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELBA MARCILLO | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 7817361524 | PhoneNum |
| Signature | 2015-01-15 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P01430775 | PTIN |
| Phone | 6172629898 | PhoneNum |
| Preparation | 2015-01-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELBA MARCILLO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1466 MAIN STREET | AddressLine1 |
| City | WALTHAM | City |
| State | MA | State |
| ZIP Code | 02451 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,671,023 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TWOTEN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMERLY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 42 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 41 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $4,139 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,539,498 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,927,251 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $845,370 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,238,898 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,503,865 | PYOtherRevenueAmt |
| CY Other Revenue | -$95,620 | CYOtherRevenueAmt |
| PY Total Revenue | $3,888,733 | PYTotalRevenueAmt |
| CY Total Revenue | $5,070,529 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,537,341 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,226,455 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,250,174 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,321,391 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $498,430 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,538,025 | PYOtherExpensesAmt |
| CY Other Expenses | $1,154,212 | CYOtherExpensesAmt |
| PY Total Expenses | $5,325,540 | PYTotalExpensesAmt |
| CY Total Expenses | $4,702,058 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,436,807 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $368,471 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $34,961,006 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,132,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $483,386 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $523,247 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $34,477,620 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $38,608,799 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMELY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,867,648 | ExpenseAmt |
| Grant | $2,226,455 | GrantAmt |
| Desc | HUMAN SERVICE EXPENSE:THE TWO TEN MISSION IS TO BRING SHOEPEOPLE TOGETHER TO HELP EACH OTHER DURING CRISIS, SUPPORT EACH OTHER AS A COMMUNITY, AND ENSURE THE FUTURE OF THE FOOTWEAR INDUSTRY IN THE UNITED STATES. IN FY14, THE TWO TEN, FOUR PERSON, SOCIAL SERVICES TEAM ASSISTED 1,177 FOOTWEAR FAMILIES WITH RELIEF AID. TWO TEN RECEIVED CALLS FROM A TOTAL OF 2,144 FOOTWEAR WORKERS AND THEIR FAMILIES AND 97% OF THOSE WORKERS RECEIVED A CALL BACK WITHIN TWO BUSINESS DAYS TO COMPLETE OUR INTAKE PROCESS. THE 30 MINUTE INTAKE CALL IS THE WAY WE DETERMINE ELIGIBILITY (MUST BE IN THE FOOTWEAR INDUSTRY FOR 2 YEARS) AND HOW BEST TO MEET IMMEDIATE NEEDS. WHEN A PERSON CALLS TWO TEN, WE GUARANTEE THEY WILL QUICKLY SPEAK WITH A COMPASSIONATE INDIVIDUAL AND THEIR CONVERSATION WILL BE CONFIDENTIAL. IN FY14, 69% OF CALLERS WERE FEMALE AND 31% OF CALLERS WERE MALE. THE THREE LARGEST AGE GROUPS WHO CALLED WERE BETWEEN THE AGES OF 25-34 (31%), BETWEEN THE AGES OF 35-42 (28%), AND 19% OF CALLERS FELL BETWEEN THE AGES OF 43-51.THE POPULATIONS OF FAMILIES WE SERVE ARE EMPLOYED PREDOMINATELY IN THE FOLLOWING ROLES WITHIN THE FOOTWEAR INDUSTRY: RETAIL SALES, CUSTOMER SERVICE, FACTORY WORKERS, WAREHOUSE OPERATIVES, AND DISTRIBUTION WORKERS. THESE JOBS ARE LOW WAGE EARNING POSITIONS AND THOSE WORKING IN THEM ARE VULNERABLE TO LOSS OF INCOME AT DIFFERENT TIMES OF THE YEAR WHEN BUSINESS SLOWS OR ORDERS IN A FACTORY OR WAREHOUSE DECREASE. TWO TEN CHANGES LIVES OF INDIVIDUALS AND FAMILIES DURING TIMES OF IMMEDIATE CRISIS BY PROVIDING THE FOLLOWING SERVICES TO HELP THEM: 1) RELIEF AID, 2) COUNSELING, AND 3) INFORMATION REFERRALS. IN FY14, TWO TEN PROVIDED FUNDS TO PAY THE RENT OR MORTGAGE OF 783 FAMILIES TO PREVENT EVICTION OR FORECLOSURE. WE PAID UTILITY BILLS FOR 559 FAMILIES TO PREVENT SHUT-OFFS OF POWER AND CAR PAYMENTS OR CAR REPAIRS FOR 276 FAMILIES SO THEY COULD CONTINUE TO USE THEIR CAR TO GET TO WORK. TWO TEN ALSO ASSISTED WITH 49 CRISIS CASES WHICH INCLUDE FUNERAL BILLS AND EMERGENCY COSTS WHEN AN INDIVIDUAL WAS DISPLACED DUE TO A FIRE OR NATURAL DISASTER. FUNDS ARE PAID DIRECTLY TO THE CREDITORS EXCEPT IN A SMALL NUMBER OF CASES WHEN MINI-GRANTS BETWEEN $50-$500 ARE GIVEN TO THOSE INDIVIDUALS IN CRISIS WHO ARE DOCUMENTED TO HAVE BEEN DISPLACED OR IMPACTED BY A NATURAL DISASTER. THE MONIES THAT ARE GIVEN HELP INDIVIDUALS GET THROUGH THEIR CRISIS AND PROVIDE EMOTIONAL AS WELL AS FINANCIAL RELIEF UNTIL THEIR LIVES BECOME STABLE AGAIN. THE BILLS THAT TWO TEN PAYS MEET THE MOST BASIC NEEDS OF INDIVIDUALS AND FAMILIES IN ORDER TO SURVIVE AND HOLD DOWN A JOB.IN FY14, TWO TEN GAVE 89 FOOTWEAR WORKERS REFERRALS TO OUR TELEPHONIC MENTAL HEALTH COUNSELING SERVICES. TWO TEN CONTRACTS WITH FEI BEHAVIORAL HEALTH TO ADMINISTER 8 SESSIONS OF TELEPHONIC COUNSELING SERVICES PER CALLER. REFERRALS TO LOCAL COMMUNITY RESOURCES, SUCH AS UNITED WAY, RED CROSS AND SALVATION ARMY WERE GIVEN TO 460 INDIVIDUALS. THE REASON MOST CITED BY THOSE NEEDING ASSISTANCE WAS "EMPLOYMENT ISSUES", FOLLOWED BY "HEALTH" AND "FAMILY ISSUES." TWO TEN PROVIDES RESOURCES FOR SHOEPEOPLE ACROSS THE COUNTRY, BUT THE TOP FIVE STATES THAT WE RECEIVED CALLS FROM WERE TENNESSEE, MICHIGAN, CALIFORNIA, ILLINOIS AND INDIANA.EDUCATION EXPENSE: TWO TEN IS COMMITTED TO CHANGING THE LIVES OF FOOTWEAR PROFESSIONALS AND THEIR FAMILIES THROUGH EDUCATION. IN 2014, THE TWO TEN FOOTWEAR FOUNDATION FUNDED 350 STUDENTS WITH $750,000 IN COLLEGE TUITION. STUDENTS ATTENDED TWO-YEAR AND FOUR-YEAR PRIVATE AND PUBLIC UNDERGRADUATE UNIVERSITIES AND COLLEGES ACROSS THE COUNTRY. A SMALLER NUMBER OF STUDENTS WERE ALSO ASSISTED WITH SCHOLARSHIPS TO ATTEND ACCREDITED VOCATIONAL/TECHNICAL SCHOOLS. NEW STUDENTS WERE GIVEN AWARDS THAT AVERAGED $2,500 EACH WITH THE OPPORTUNITY TO BE AWARDED $10,000 OVER FOUR YEARS WHILE MAINTAINING A GPA OF AT LEAST 2.5. TWO TEN SCHOLARS ARE EITHER IN THE FOOTWEAR INDUSTRY THEMSELVES (FOR AT LEAST TWO YEARS) OR THEIR CHILDREN ARE ELIGIBLE TO APPLY FOR A SCHOLARSHIP. THESE SCHOLARSHIPS EASE THE BURDEN OF FOOTWEAR FAMILIES TO SEND THEIR CHILDREN TO SCHOOL. WHEN THE INDIVIDUAL THEMSELVES IS IN THE FOOTWEAR INDUSTRY WE IMPACT THAT STUDENT BY LESSENING THE AMOUNT OF STUDENT DEBT THEY FACE WHEN THEY LEAVE SCHOOL. FOR SOME INDIVIDUALS, OUR SCHOLARSHIP IS THE DECIDING FACTOR FOR THEM TO BE ABLE TO ATTEND UNDERGRADUATE SCHOOL AT ALL. THIS YEAR WE BEGAN AWARDING A NEW SCHOLARSHIP, CALLED THE FOOTWEAR WARRIORS SCHOLARSHIP. THIS IS DESIGNED FOR MEN AND WOMEN WHO SERVED OUR COUNTRY AT ANY POINT IN TIME AND WHO ARE CURRENTLY WORKING IN THE FOOTWEAR INDUSTRY. TWO TEN SCHOLARS OR THEIR PARENTS CAME FROM 130 DIFFERENT FOOTWEAR COMPANIES ACROSS THE INDUSTRY AND 43 STATES ACROSS THE USA. THIS YEAR, 155 STUDENTS WERE NEW AWARD WINNERS AND 195 SCHOLARS WERE RENEWING THEIR PREVIOUSLY AWARDED SCHOLARSHIPS.TWO TEN ALSO ASSISTS THOSE PURSUING EDUCATION IN THE AREA OF FOOTWEAR DESIGN THROUGH TWO DIFFERENT SCHOLARSHIPS: THE FOOTWEAR DESIGN SCHOLARSHIP AND THE ARS SUTORIA SCHOLARSHIP. UNLIKE OUR TRADITIONAL COLLEGE SCHOLARSHIPS, THE FOOTWEAR DESIGN SCHOLARSHIP IS AVAILABLE TO ANY STUDENT WITHOUT EMPLOYMENT HISTORY IN THE FOOTWEAR INDUSTRY. THIS SCHOLARSHIP WAS CREATED TO ENCOURAGE STUDENTS ENTERING THE FIELD WHO HAVE TALENT AND PROMISE IN FOOTWEAR DESIGN. APPLICANTS FOR THE FOOTWEAR DESIGN SCHOLARSHIP ARE REQUIRED TO SUBMIT THREE SAMPLES OF THEIR SKETCHES AT THE TIME OF APPLICATION IN ADDITIONAL TO COMPLETING OUR STANDARD ONLINE APPLICATION. IN 2012, THE APPLICATION ADMINISTRATION PROCESS WAS OUTSOURCED TO INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES, WHO OVERSEES THE ONLINE APPLICATION PROCESS. TWO TEN SCHOLARSHIP STAFF RANK APPLICANTS USING A SCORING RUBRIC THAT IS WEIGHTED BY THE FOLLOWING SYSTEM: 70% FINANCIAL NEED, 15% ACADEMICS BASED ON GPA AND 15% ACADEMIC RESUME BASED ON EXTRACURRICULAR ACTIVITIES. ARS SUTORIA IS AN ITALIAN FOOTWEAR DESIGN ACADEMY THAT OFFERS TWO 5-DAY COURSES PER YEAR AT TWO TEN'S HEADQUARTERS IN WALTHAM, MA FOR THOSE STUDENTS WITH PRIOR FOOTWEAR INDUSTRY EXPERIENCE. THE CLASSES OFFER A GREATER UNDERSTANDING OF THE PROCESSES OF PRODUCTION OF DIFFERENT TYPES OF SHOE CONSTRUCTIONS AND DEEPER KNOWLEDGE OF THE MATERIALS USED IN EACH STAGE OF THE PROCESS. THESE SCHOLARS ARE SELECTED BASED ON THE APPROPRIATENESS OF THEIR WORK EXPERIENCE AND THEIR EMPLOYER'S RECOMMENDATIONS. BOTH OF THESE SCHOLARSHIPS, FOOTWEAR DESIGN AND ARS SUTORIA, BENEFIT BOTH SCHOLARS AND THE FOOTWEAR COMMUNITY BY EITHER BRINGING IN FRESH TALENT OR DEVELOPING EXISTING TALENT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $135,852 | ExpenseAmt |
| Desc | COMMUNITY BUILDING:TWO TEN FOOTWEAR FOUNDATION IS DEDICATED TO BUILDING A STRONGER FOOTWEAR COMMUNITY BY OFFERING A SERIES OF NATIONAL PROGRAMS AND EVENTS, DESIGNED TO PROVIDE OPPORTUNITIES TO ENGAGE WITH AND LEARN FROM FELLOW MEMBERS OF THE FOOTWEAR INDUSTRY. THERE ARE FOUR DIFFERENT COMMUNITY GROUPS, EACH OFFERING DIFFERENT ACTIVITIES AND OUTCOMES BASED ON THE INDIVIDUAL NEEDS OF ITS CONSTITUENTS; THESE GROUPS INCLUDE THE WOMEN IN FOOTWEAR INDUSTRY (WIFI) GROUP; YOUNG PROFESSIONALS FOR 210 (YP); THE HUMAN RESOURCES LEADERSHIP COMMITTEE (HRLC); AND NATIONAL FOOTWEAR CARES MONTH. WIFI, CONSISTING OF EIGHT CHAPTERS LOCATED IN TARGETED GEOGRAPHIC AREAS, IS FOCUSED ON INSPIRING, MENTORING, AND EDUCATING WOMEN AT ALL LEVELS OF THEIR CAREERS - AS WELL AS CREATING ADVOCATES FOR TWO TEN. WIFI ACCOMPLISHES ITS GOALS THIS BY HOLDING NETWORKING AND PROFESSIONAL DEVELOPMENT EVENTS AND A NATIONAL CONFERENCE HELD EACH JUNE. IN FY'14, WIFI CHAPTERS HELD A TOTAL OF 17 DIFFERENT EVENTS THAT WERE ATTENDED BY 887 WOMEN. IN EACH INSTANCE, TOPIC MATTER AND PROGRAM FORMAT WAS DESIGNED IN ADVANCE TO BE RELEVANT AND SCALABLE TO MEET THE NEEDS OF EACH REGIONAL AREA. IN ADDITION TO THE EVENTS, WIFI MANAGES A SUCCESSFUL YEAR-LONG MENTORING PROGRAM THAT PAIRED 30 MENTORS FROM INDUSTRY LEADERSHIP WITH 30 WOMEN MENTEES FROM THE NEXT GENERATION OF FOOTWEAR LEADERSHIP. THE BENEFIT OF WIFI PROGRAMMING IS EVIDENCED BY THE INCREASING NUMBER OF EVENT ATTENDEES AND REQUESTS FOR MENTORING ON A YEAR-OVER-YEAR BASIS.THE YOUNG PROFESSIONALS FOR 210 (YP210) GROUP IS DESIGNED TO ATTRACT THE FOOTWEAR PROFESSIONALS BY PROVIDING NETWORKING AND COMMUNITY SERVICE OPPORTUNITIES. IN FY'14, YP210 HELD 16 EVENTS INCLUDING NETWORKING EVENTS, MONTHLY COMMUNITY SERVICE PROJECTS WITH LOCAL CHARITABLE NON-PROFITS AND AN ANNUAL PARTY. AS A RESULT OF THE COMBINED ACTIVITIES, YP210 HELPED RAISE AWARENESS OF AND ADVOCACY FOR TWO TEN, WHILE CONNECTING 695 FOOTWEAR PROFESSIONALS. THE HUMAN RESOURCES LEADERSHIP COMMITTEE (HRLC), CONNECTS HUMAN RESOURCES PROFESSIONALS WITHIN THE FOOTWEAR INDUSTRY FOR THOUGHT LEADERSHIP SPECIFIC TO HR, BUT ALSO TO CREATE ADVOCACY FOR TWO TEN AND ITS MISSION. THE HRLC WORKS ON TWO TEN'S BEHALF TO INCREASE AWARENESS OF THE FOUNDATION WITHIN THE INDUSTRY AS WELL AS TO HOST AN ANNUAL CONFERENCE DEDICATED TO INDUSTRY LEARNING AND INNOVATION. IN FY'14, THE ANNUAL HR LEADERSHIP SUMMIT WAS FOCUSED ON BEST PRACTICES FOR HIRING IN A CHANGING RETAIL LANDSCAPE AND WAS ATTENDED BY 90 INDUSTRY PROFESSIONALS. THE CONFERENCE PROVIDED TWO TEN WITH A PLATFORM TO FURTHER EDUCATE AND ENGAGE HR PROFESSIONALS ABOUT ITS OFFERINGS.NATIONAL FOOTWEAR CARES MONTH IS ONE OF TWO TEN'S FAST GROWING COMMUNITY BUILDING EVENTS. DESIGNED TO BRING AN ENTIRE INDUSTRY TOGETHER AROUND A COMMON GOAL, FOOTWEAR CARES UNITED 100 FOOTWEAR COMPANIES IN COMMUNITY SERVICE DURING THE MONTH OF APRIL 2014. OVER 6,500 VOLUNTEERS JOINED FORCES WITH TWO TEN TO CHANGE THE LIVES OF PEOPLE LIVING IN VULNERABILITY. AS A RESULT OF OUR PROGRAM PARTICIPANTS, FOOTWEAR CARES PROVIDED 85 CHARITABLE NONPROFITS IN 22 STATES WITH A TOTAL OF 15,000 VOLUNTEER HOURS. THE MONTH-LONG PROGRAM ALSO PROVIDED TWO TEN WITH A VALUABLE PLATFORM TO INCREASE THE KNOWLEDGE AND AWARENESS OF TWO TEN WITH THE FOOTWEAR COMMUNITY WHILE CREATING POSITIVE CHANGE IN THE LIVES OF THOSE WE COLLECTIVELY HELPED. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $459,082 | ExpenseAmt |
| Desc | INDUSTRY EDUCATION:THE TWO TEN FOOTWEAR FOUNDATION IS COMMITTED TO PROVIDING THE HELP AND RESOURCES NEEDED TO CHANGE THE LIVES OF FOOTWEAR PROFESSIONALS AND THEIR FAMILIES. IN FY'14, INDUSTRY EDUCATION - OR OUTREACH - WAS INCORPORATED INTO EVERY POSSIBLE ACTIVITY TO MAXIMIZE THE OUTCOMES; EVERY CORPORATE VISIT, INDUSTRY CONFERENCE, INDIVIDUAL HEALTH AND WELLNESS FAIRS AND STRATEGIC PARTNERSHIP WAS UTILIZED TO INCREASE AWARENESS OF THE FOUNDATION'S OFFERINGS WITHIN THE INDUSTRY IT SERVES. TWO TEN ALSO USES A HIGHLY VISIBLE ANNUAL EVENT AND SOCIAL MEDIA TO AID IN BUILDING INCREASE AWARENESS OF, AND SUPPORT FOR THE FOUNDATION. DURING FY'14, TWO TEN INCORPORATED OUTREACH INTO 72 CORPORATE VISITS AND FIVE INDUSTRY CONFERENCES BY MAKING PRESENTATIONS TO 3,815 AMERICAN FOOTWEAR WORKERS. THE FOUNDATION ALSO ATTENDED NINE DIFFERENT BENEFIT FAIRS TO CONNECT DIRECTLY WITH FOOTWEAR EMPLOYEES AND PROVIDE THEM FIRST-HAND KNOWLEDGE ABOUT TWO TEN AND HOW THE FOUNDATION HELPS THE INDUSTRY. AND FINALLY, TWO TEN WORKED WITH ITS STRATEGIC PARTNERS TO PRESENT THE FOUNDATION TO A COMBINED 1,836 FOOTWEAR RETAILERS AT THREE LARGE MEMBERSHIP CONFERENCES. THROUGH CAREFUL UTILIZATION OF EXISTING TRAVEL TO MEETINGS, CONFERENCES, FAIRS AND PARTNERSHIP OFFERINGS, TWO TEN WAS ABLE TO INCORPORATE OUTREACH INTO A VARIETY OF ACTIVITIES TO INCREASE AWARENESS OF THE FOUNDATION OF APPROXIMATELY 8,350 MEMBERS OF THE FOOTWEAR COMMUNITY.TWO TEN HOSTED ITS ANNUAL DINNER DURING FY'14. ATTENDED BY 1,500 MEMBERS OF THE FOOTWEAR COMMUNITY, TWO TEN USED THE EVENT AS A COMMUNICATIONS PLATFORM TO INCREASE INDUSTRY AWARENESS ABOUT ITS PROGRAMS AND SERVICES, SCHOLARSHIPS, COMMUNITY BUILDING INITIATIVES AND THE COMBINED POSITIVE IMPACT THE FOUNDATION HAS ON THE INDUSTRY THAT IT SERVES. STORIES FROM TWO TEN'S RELIEF RECIPIENTS AND SCHOLARSHIP AWARDEES WERE SHARED IN PRINT, VIDEO AND IN PERSON FROM THE PODIUM ON STAGE. INDUSTRY LEADERSHIP TOOK PART IN THE PRESENTATIONS FROM THE STAGE AND ENCOURAGED THE PARTICIPANTS TO ENGAGE FURTHER WITH THE FOUNDATION. THE EVENT WAS A BIG SUCCESS IN THAT WE WERE ABLE TO CONVERT ATTENDEES FROM UNAFFILIATED TO ENGAGED MEMBERS OF THE TWO TEN COMMUNITY.BECAUSE SOCIAL MEDIA IS AN EASY WAY TO EDUCATE THE MASSES, TWO TEN DEPLOYED A CONTENT MANAGEMENT STRATEGY PLAN FOR ITS SOCIAL PROPERTIES DURING FY'14. A DATABASE OF 100 STORIES WAS CREATED AND PUSHED OUT THROUGH RELEVANT CHANNELS INCLUDING FACEBOOK, TWITTER, INSTAGRAM, LINKEDIN AND THE TWO TEN BLOG. AS A RESULT OF THE STRATEGY, THE FOUNDATION HAS SEEN AN UPTICK TO THE NUMBER OF FOLLOWERS IT HAS ON MULTIPLE DIGITAL PROPERTIES. THIS HAS RESULTED IN AN INCREASE OF SUBSCRIBERS TO TWO TEN'S E-NEWSLETTER DATABASE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,462,582 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 42 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 41 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELBA MARCILLO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7817361500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1466 MAIN STREET | AddressLine1 |
| City | WALTHAM | City |
| State | MA | State |
| ZIP Code | 02452 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| BLAKE KRUEGER | |||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL ATMORE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN BERMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL BAIOCCHI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNA BAKST | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AMANDA CABOT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBBIE FERREE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN HILL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL HUNT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN ITZKOWITZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE SULLIVAN | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVE MADDEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT MCHUGH | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TRACEY MCLEOD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL MOONEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM SALZANO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANNY MUSKAT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID BENSADOUN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE QUAKNINE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER QUINN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGG RIBATT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATIE BUTLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL SCHWARTZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY SIFF | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BOB CAMPBELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID DEPASQUALE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS TARICA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG TUNNEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JERRY TURNER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BEVERLY GOLDBERG | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRIK FRISK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD FROMM | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVE GRANGE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM ISSLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID JAY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT MEDEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICK PATERNO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TOBIAS REISS-SCHMIDT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LIZ RODBELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CLIFTON SIFFORD | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN WULFF | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NEAL NEWMAN | |||||||
| PRESIDENT | 37.50 | $169,857 | $0 | $17,857 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $169,857 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $17,857 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEQUENCE EVENT LLC | BusinessNameLine1 |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 108 WEST 139TH STREET SUITE 604 | AddressLine1 |
| City | NEY YORK | City |
| State | NY | State |
| ZIP Code | 10018 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | EVENT PLANNING | ServicesDesc |
| Compensation | $214,370 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,030,421 | FundraisingAmt |
| All Other Contributions | $1,896,830 | AllOtherContributionsAmt |
| Total Contributions | $3,927,251 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,041,136 | TotalRevenueColumnAmt |
| Exclusion | $1,041,136 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $950,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $752,238 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $197,762 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $197,762 | TotalRevenueColumnAmt |
| Exclusion | $197,762 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $747,298 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,030,421 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $848,256 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$100,958 | TotalRevenueColumnAmt |
| Exclusion | -$100,958 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $5,338 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,338 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,338 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,070,529 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,338 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,137,940 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,226,455 | TotalAmt |
| Program Services | $2,226,455 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $677,516 | TotalAmt |
| Program Services | $307,521 | ProgramServicesAmt |
| Management And General | $206,059 | ManagementAndGeneralAmt |
| Fundraising | $163,936 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,064 | TotalAmt |
| Program Services | $287,347 | ProgramServicesAmt |
| Fundraising | $139,717 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,660 | TotalAmt |
| Program Services | $13,172 | ProgramServicesAmt |
| Management And General | $4,324 | ManagementAndGeneralAmt |
| Fundraising | $9,164 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,045 | TotalAmt |
| Program Services | $51,670 | ProgramServicesAmt |
| Management And General | $13,445 | ManagementAndGeneralAmt |
| Fundraising | $23,930 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,106 | TotalAmt |
| Program Services | $57,296 | ProgramServicesAmt |
| Management And General | $17,358 | ManagementAndGeneralAmt |
| Fundraising | $26,452 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
| Management And General | $12,000 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,200 | TotalAmt |
| Management And General | $37,200 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,929 | TotalAmt |
| Management And General | $96,929 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,151 | TotalAmt |
| Program Services | $44,009 | ProgramServicesAmt |
| Fundraising | $142 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,863 | TotalAmt |
| Program Services | $11,411 | ProgramServicesAmt |
| Management And General | $10,046 | ManagementAndGeneralAmt |
| Fundraising | $3,406 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,912 | TotalAmt |
| Program Services | $39,050 | ProgramServicesAmt |
| Management And General | $5,649 | ManagementAndGeneralAmt |
| Fundraising | $14,213 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,217 | TotalAmt |
| Program Services | $32,628 | ProgramServicesAmt |
| Management And General | $9,812 | ManagementAndGeneralAmt |
| Fundraising | $24,777 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,318 | TotalAmt |
| Management And General | $127,318 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,328 | TotalAmt |
| Program Services | $10,204 | ProgramServicesAmt |
| Management And General | $2,144 | ManagementAndGeneralAmt |
| Fundraising | $3,980 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CONSULTING EXPENSE | $245,163 | $195,089 | $15,622 | $34,452 |
| BAD DEBT ALLOWANCE | $99,914 | $99,914 | ||
| PRINTING AND PRODUCTION | $89,765 | $75,894 | $836 | $13,035 |
| BUILDING REPAIRS AND EX | $80,543 | $50,765 | $10,200 | $19,578 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,909 | TotalAmt |
| Program Services | $60,071 | ProgramServicesAmt |
| Management And General | $72,190 | ManagementAndGeneralAmt |
| Fundraising | $21,648 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,702,058 | TotalAmt |
| Program Services | $3,462,582 | ProgramServicesAmt |
| Management And General | $741,046 | ManagementAndGeneralAmt |
| Fundraising | $498,430 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,676 | BOYAmt |
| EOY | $225,943 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,122,540 | BOYAmt |
| EOY | $1,024,083 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,051 | BOYAmt |
| EOY | $63,304 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,909,173 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,565,317 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,236,765 | BOYAmt |
| EOY | $2,343,856 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,486,552 | BOYAmt |
| EOY | $22,033,438 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,619,422 | BOYAmt |
| EOY | $13,441,422 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,961,006 | BOYAmt |
| EOY | $39,132,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,267 | BOYAmt |
| EOY | $114,608 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,297 | BOYAmt |
| EOY | $307,493 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,822 | BOYAmt |
| EOY | $101,146 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $483,386 | BOYAmt |
| EOY | $523,247 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,609,906 | BOYAmt |
| EOY | $8,865,167 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,096,202 | BOYAmt |
| EOY | $4,557,620 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,771,512 | BOYAmt |
| EOY | $25,186,012 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,477,620 | BOYAmt |
| EOY | $38,608,799 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,961,006 | BOYAmt |
| EOY | $39,132,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $368,471 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,762,708 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,333,263 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,849,594 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,896,932 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,244,363 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,826,293 | CurrentTaxYearAmt |
| Total | $18,150,445 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,333,263 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,849,594 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,896,932 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,244,363 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,826,293 | CurrentTaxYearAmt |
| Total | $18,150,445 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $18,150,445 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $499,100 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $496,531 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $584,147 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $674,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,055,344 | CurrentTaxYearAmt |
| Total | $3,310,047 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,379 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,042 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,422 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,845 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,338 | CurrentTaxYearAmt |
| Total | $23,026 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $21,483,518 | TotalSupportAmt |
| Gross Receipts Rltd Activities | -$920,014 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84490 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83980 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,867,714 | BeginningYearBalanceAmt |
| Contributions | $1,244,684 | ContributionsAmt |
| Investment Earnings Or Losses | $2,788,645 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$327,227 | OtherExpendituresAmt |
| End Year Balance | $30,573,816 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,713,572 | BeginningYearBalanceAmt |
| Contributions | $234,664 | ContributionsAmt |
| Investment Earnings Or Losses | $1,522,252 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$602,774 | OtherExpendituresAmt |
| End Year Balance | $26,867,714 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,566,291 | BeginningYearBalanceAmt |
| Contributions | $1,670,564 | ContributionsAmt |
| Investment Earnings Or Losses | -$786,774 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$736,509 | OtherExpendituresAmt |
| End Year Balance | $25,713,572 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,461,311 | BeginningYearBalanceAmt |
| Contributions | $314,231 | ContributionsAmt |
| Investment Earnings Or Losses | $2,581,286 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$790,537 | OtherExpendituresAmt |
| End Year Balance | $25,566,291 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,788,405 | BeginningYearBalanceAmt |
| Contributions | $114,981 | ContributionsAmt |
| Investment Earnings Or Losses | $1,303,973 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$746,048 | OtherExpendituresAmt |
| End Year Balance | $23,461,311 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.03000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.82000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $546,867 | OtherCostOrOtherBasisAmt |
| Book Value | $546,867 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,886,757 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,331,872 | DepreciationAmt |
| Book Value | $1,554,885 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $475,549 | OtherCostOrOtherBasisAmt |
| Depreciation | $233,445 | DepreciationAmt |
| Book Value | $242,104 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,343,856 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE HEDGE FUND | Desc |
| Book Value | $13,441,422 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $13,441,422 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANNUITIES PAYABLE | Desc |
| Amt | $101,146 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $101,146 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,833,237 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,762,708 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $3,762,708 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,070,529 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,070,529 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,702,058 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,702,058 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,702,058 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTIES THEREON, WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. THE FOUNDATION HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN ITS 2013 RETURNS AND BELIEVES THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR COMMONWEALTH TAX AUTHORITIES. THE FOUNDATION'S 2010 THROUGH 2012 TAX YEARS REMAIN SUBJECT TO TAX EXAMINATION BY FEDERAL AND COMMONWEALTH TAX AUTHORITIES | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL DINNER | NameOfEvent1Amt |
| Gross Receipts Event1 | $2,300,304 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,702,224 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $598,080 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $608,415 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | NEW YORK GOLF OUTING | NameOfEvent2Amt |
| Gross Receipts Event2 | $79,225 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $60,211 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $19,014 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $25,341 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $398,190 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $267,986 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $130,204 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $214,497 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,777,719 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,030,421 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $747,298 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $848,253 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $848,253 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$100,955 | NetIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Individual With Books | ELBA MARCILLO | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1466 MAIN STREET | AddressLine1 |
| City | WALTHAM | City |
| State | MA | State |
| ZIP Code | 02451 | ZIPCode |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| RELIEF PAYMENTS | 1690 | $1,494,612 | BOOK |
| SCHOLARSHIPS | 352 | $731,843 | BOOK |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | RELIEF PAYMENTS - PAID DIRECTLY TO A CLIENT'S CREDITOR, IE. MORTGAGE LENDERS, UTILITY COMPANIES, CAR LENDERS, ETC. AND ARE APPLIED DIRECTLY TO THE CLIENTS ACCOUNT. SCHOLARSHIPS - APPLICATIONS ARE OUTSOURCED TO A CONSULTANT WHO DETERMINES WHICH STUDENTS QUALIFY FOR ASSISTANCE BASED ON THE ORGANIZATIONS ELIGIBLITY REQUIREMENTS. THEY MUST HAVE A DIRECT FAMILY MEMBER WHO HAS WORKED IN THE FOOTWEAR INDUSTRY OR THEY MUST HAVE WORKED THE PROPER AMOUNT OF TIME IN THE FOOTWEAR INDUSTRY. FEDERAL LAW STIPULATES THAT THE AMOUNT OF A STUDENT'S FINANCIAL ASSISTANCE MAY NOT EXCEED THEIR DEMONSTRATED FINANCIAL NEED. TO DETERMINE FINANCIAL NEED, WE DEDUCT THE STUDENTS ESTIMATED PARENTAL CONTRIBUTION FROM THE FAFSA STUDENT AID REPORT(WWW.FAFSA.GOV) AND THEIR SCHOLARSHIPS AND GRANTS FROM THE COST OF ATTENDANCE. ONCE THESE CALCULATIONS ARE COMPLETED THEN WE SCALE THE STUDENTS AWARDS BASED ON THEIR LENGTH OF TIME IN THE INDUSTRY AND HOW SUBSTANTIAL THEIR NEED IS. WE HAVE A SCHOLARSHIP BOARD COMMITTEE WHO REVIEWS THE FINAL INFORMATION AND RELEASES THE AWARDS. MONIES ARE PAID DIRECTLY TO THE SCHOOL THE STUDENT IS ATTENDING EVERY SEMESTER. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NEAL NEWMAN | PersonNm |
| Title | PRESIDENT | TitleTxt |
| Base Compensation Filing Org | $169,857 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $17,857 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $187,714 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS PRESENTED TO THE AUDIT COMMITTEE DURING THE PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS. AFTER REVIEWING THE 990 AND ALL QUESTIONS HAVE BEEN ANSWERED THE RETURN IS ACCEPTED AND APPROVED FOR FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL STAFF, DIRECTORS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THE TRANSACTIONS AND ACTIVITIES OF THE ORGANIZATION ARE MONITORED ON AN ONGOING BASIS BY MANAGEMEMNT, THE BOARD OF DIRECTORS AND BOARD APPOINTED COMMITTEES. ANY CONFLICTS THAT ARISE ARE DEALT WITH ACCORDING TO THE ORGANIZATION'S DETAILED CONFLICT OF INTEREST POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS SET BY THE ORGANIZATION'S COMPENSATION COMMITTEE BASED UPON COMPARABLE COMPENSATION DATA FOR THE SAME POSITON FOR ORGANIZATIONS OF SIMILAR SIZE WITHIN OUR INDUSTRY. THE DECISION OF THE COMPENSATION COMMITTEE IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO BEING FINALIZED. THE COMPENSATION OF ALL OTHER STAFF IS DETERMINED VIA A FORMAL SALARY ADMINSTRATION PROCESS. A JOB DESCRIPTION IS ESTABLISHED FOR EACH POSITION INCLUDING KNOWLEDGE, SKILLS, AND EXPERIENCES REQUIRED TO PERFORM THE JOB. EACH POSITION IS PRICED ACCORDING TO MARKET DATA FOR LIKE POSITIONS AT SIMILAR SIZED ENTITIES. ANNUAL INCREASES ARE BASED ON MERIT MEASURED BY APPROPRIATE INDICATORS OF JOB PERFORMANCE. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL OF THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON DIRECT REQUEST OF THE ORGANIZATION. |
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