2015-05-15T15:01:09-05:00 2014-06-30 132550103 D'ARCANGELO & CO LLP 800 WESTCHESTER AVE SUITE N-400 RYE BROOK NY 105731301 990 2013-07-01 133001065 JUNIOR ACHIEVEMENT OF THE HUDSON VALLEY INC JUNI 9145249760 12 HAMILTON PLACE NO 2 TARRYTOWN NY 105913404 CHRISTOPHER LEVENDOS CHAIRMAN 9145249760 2015-05-15 1 ALFRED F THOBEN P00836295 9146944600 2015-05-13 2013 2016-02-25 16:41:14Z CHRISTOPHER LEVENDOS 12 HAMILTON PLACE SUITE 2 TARRYTOWN NY 105913404 312411 0 X HTTP://HUDSONVALLEY.JA.ORG/ X 1973 NY INSPIRE AND PREPARE YOUNG PEOPLE TO BE SUCCESSFUL IN A GLOBAL ECONOMY. 14 14 4 0 0 0 287501 263761 0 0 211 242 8288 19942 296000 283945 0 0 0 0 181547 210577 0 0 14201 137223 130371 318770 340948 -22770 -57003 82400 59514 180299 213452 -97899 -153938 TO INSPIRE AND PREPARE YOUNG PEOPLE TO BE SUCCESSFUL IN A GLOBAL ECONOMY. 0 0 228978 194461 PROVIDE EDUCATION PROGRAMS TO STUDENTS IN GRADES K TO 12, WHICH EXTENDS STUDENTS SKILL, KNOWLEDGE AND MOTIVATION TO BE SUCCESSFUL IN SCHOOL, IN THE WORKPLACE AND IN LIFE. THE EDUCATIONAL FOCUS IS TO PROVIDE CURRICULUM IN WORKFORCE READINESS, FINANCIAL LITERACY AND ENTREPRENEURSHIP. IN THE 2013-14 SCHOOL YEAR 6,214 STUDENTS BENEFITED FROM THE JA EXPERIENCE IN 260 CLASSROOMS WITH VOLUNTEERS AND COMMUNITY PARTNERSHIP PROGRAMS IN THE HUDSON VALLEY, PROVIDING OVER 30,000 CLASSROOM INSTRUCTIONAL HOURS. THE GOAL IN THE 2014-15 SCHOOL YEAR IS TO CONTINUE THE GROWTH IN STUDENT OUTREACH. 228978 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 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 1 0 0 0 1 0 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 1 1 1 0 0 NY X X THE ORGANIZATION 9145249760 12 HAMILTON PLACE NO 2 TARRYTOWN NY 105913404 X CHRISTOPHER D LEVENDOS BOARD CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 MARLINE GRANT DIRECTOR 1.00 X 0 0 0 JAMES B WHITE 1ST VICE CHAIR/DIRECTOR 1.00 X X 0 0 0 JIM FOSINA VICE PRESIDENT/DIRECTOR 3.00 X X 0 0 0 MARIE GALLAGER DIRECTOR 1.00 X 0 0 0 PETER DINICOLA DIRECTOR 1.00 X 0 0 0 JOHN P COLE DIRECTOR 1.00 X 0 0 0 JOHN M GALLAGHER BOARD TREASURER/DIRECTOR 1.00 X X 0 0 0 SHARON GORMAN DIRECTOR 1.00 X 0 0 0 SPENCER SCHWARTZ DIRECTOR 1.00 X 0 0 0 EDWARD ANKUDAVICH DIRECTOR 1.00 X 0 0 0 MICHAEL BELLACH DIRECTOR 1.00 X 0 0 0 FRANK CELENTANO DIRECTOR 1.00 X 0 0 0 CHARLES HALL CORPORATE SECRETARY/DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 76990 20980 6625 159166 263761 242 242 48408 76990 28466 19942 19942 283945 0 0 20184 143914 122327 14391 7196 49500 49500 5597 4143 728 726 11566 8559 1504 1503 5200 5200 10725 7239 1171 2315 8417 6313 1263 841 28671 24370 2867 1434 1022 755 133 134 20859 20859 28106 28106 3549 3549 PROGRAM MATERIALS 22741 22741 CREDIT CARD AND OTHER P 1031 876 103 52 OTHER EXPENSES 50 50 340948 228978 97769 14201 42096 39738 24000 3600 4173 148 2100 68424 68424 0 0 7772 8978 4359 4950 82400 59514 102329 132536 77970 80916 180299 213452 X -97899 -153938 -97899 -153938 82400 59514 -57003 964 0 X X 0 1 X 1 0 X 186771 317882 308561 287501 263761 1364476 186771 317882 308561 287501 263761 1364476 416197 948279 158 179 205 211 242 995 24439 -2051 8288 19942 50618 1416089 0.66960 0.74600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7139 7139 0 61285 61285 0 0 RENT DEPOSIT 2100 PROGRAM MATERIALS ON HAND 2850 4950 X 256803 964 964 255839 28106 28106 283945 312842 0 312842 28106 28106 340948 PART X, LINE 2: INCOME TAXES THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM NEW YORK STATE INCOME TAXES. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE WHEREBY DONORS QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE ORGANIZATIONS ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. INFORMATION RETURNS FOR THE YEARS ENDED JUNE 30, 2010 TO 2013 ARE SUBJECT TO AUDIT BY THE APPLICABLE TAXING JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FRANCHISE FEE PAID TO NATIONAL ORGANIZATION 28,106. PART XII, LINE 4B - OTHER ADJUSTMENTS: FRANCHISE FEE PAID TO NATIONAL ORGANIZATION 28,106. LEADERSHIP DINNER 72877 51150 21727 14764 3326 GOLF OUTING 18525 7775 10750 5882 466 1 33996 18065 15931 4028 125398 76990 48408 20646 7820 28466 19942 ORGANIZATION STAFF 12 HAMILTON PLACE SUITE 2 TARRYTOWN NY 105913404 X 1 1 X X 0 0 0 0 0 0 0 0 0 PART I, LINE 1A THE PRESIDENT IS PROVIDED A $3,600 LOCAL TRAVEL ALLOWANCE FOR USE OF PERSONAL AUTO, PARKING AND TOLLS. THE PRESIDENT'S DUTIES REQUIRES SUBSTANTIAL LOCAL TRAVEL TO THREE NEW YORK STATE COUNTIES. THE TRAVEL ALLOWANCE IS INTENDED TO REDUCE THE ADMINISTRATIVE BURDEN OF ACCOUNTING FOR FREQUENT AND MULTIPULE LOCATION TRAVEL AND WAS SET TO PROVIDE A FAIR REIMBURSEMENT BUT ONE THAT COULD BE EXPECTED TO BE EXCEEDED BY THE USE OF A MILEAGE REIMBURSEMENT OR COST REIMBURSEMENT ACCOUNTABLE PLAN. TRAVEL TO CONFERENCES AND OTHER OUT-OF-POCKET COSTS INCURRED BY STAFF REQUIRES SUBMISSION OF RECEIPTS AND OTHER SUBSTANCIATION FOR COSTS PRIOR TO REIMBURSEMENT UNDER THE ORGANIZATION'S ACCOUNTABLE PLAN. PART I, LINE 1B TRAVEL ALLOWANCE IS LIMITED TO AN AGREED UPON AMOUNT THAT IS EXPECTED TO BE LESS THAN THE REIMBURSEMENT THAT WOULD BE PROVIDED IF THE ACTUAL MILEAGE OR COSTS WERE ACCOUNTED FOR UNDER AND THE ORGANIZATION'S ACCOUNTABLE PLAN FOR BUSINESS EXPENSES BY STAFF. FORM 990, PART VI, SECTION A, LINE 7A THE ESTABLISHED BOARD, BASED ON THE BY-LAWS OF THE CORPORTATION, SPONSORS NEW MEMBERS OF THE BOARD AND VOTES ON INVITING THE NEW MEMBER TO JOIN THE BOARD. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION NORMALLY MAINTAINS MINUTES OF ITS BOARD OF DIRECTORS MEETINGS. DURING THE FISCAL YEAR ENDED JUNE 30, 2013, THE ORGANIZATION HAD ENTERED A MERGER AGREEMENT WITH A RELATED JUNIOR ACHIEVEMENT ORGANIZATION, AND ANTICIPATED THAT THE MERGER WOULD BE EFFECTIVE JULY 1, 2013. NEGOTIATIONS BETWEEN THE TWO ENTITIES WERE ONGOING DURING THE FISCAL YEAR ENDED JUNE 30, 2014, BUT THE MERGER WAS NOT COMPLETED AND CONTINUES TO BE NEGOTIATED. THE MEETINGS OF DIRECTORS DURING THE FISCAL YEAR WERE FOCUSED ON THE MERGER AND OPERATIONS OF THE ORGANIZATION WERE MAINTAINED ON A REDUCED LEVEL. IN THE FISCAL YEAR ENDING JUNE 30, 2015, BECAUSE THE MERGER STILL HAS NOT BEEN COMPLETED, THE BOARD RESUMED A FORMAL SCHEDULE OF MEETINGS AND MINUTES OF THE MEETINGS ARE BEING PREPARED TO DOCUMENT RESOLUTIONS AND OTHER MATTERS RELATED TO THE CONTINUING OPERATION OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS HAS NOT ESTABLISHED A COMMITTEE SYSTEM OF GOVERNANCE. ALL ISSUES REQUIRING BOARD ACTION ARE PRESENTED TO THE ENTIRE BOARD OF DIRECTORS FOR APPROVAL IN ACCORDANCE WITH THE BY-LAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD HAS DELEGATED THE REVIEW OF THE FORM 990 AND OTHER FINANCIAL INFORMATION TO THE FINANCE COMMITTEE CONSISTING OF THE CHAIRMAN AND TREASURER. THE INITIAL DRAFT OF FORM 990 WAS SUBMITTED TO THOSE REPRESENTATIVES FOR REVIEW AND COMMENT ON THE ORGANIZATIONAL INFORMATION DISCLOSED. CHANGES AS REQUIRED WERE MADE TO REFLECT THE REVIEW COMMENTS. A REVISED DRAFT WAS SUBMITTED AND COPIES WERE E-MAILED TO ALL THE BOARD MEMBERS WITH A REQUEST THAT THEY REVIEW THE FORM 990 AND CONTACT THE CHAIRMAN WITH ANY QUESTIONS WITHIN A WEEK OF RECEIVING THE FORM AND A NOTATION THAT THE RETURN HAD BEEN REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND APPROVED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE EACH YEAR. ANY ANSWERS INDICATING A POSSIBLE CONFLICT OF INTEREST ARE REVIEWED BY THE CHAIRMAN AND PRESIDENT. THE ORGANIZATION HAS A POLICY OF NOT DOING BUSINESS WITH MEMBERS OF THE BOARD OR FORMER MEMBERS. THERE IS RARELY ANYTHING THAT HAS BEEN REPORTED ON THE QUESTIONNAIRE. IN THE EVENT THAT SOMETHING IS REPORTED, THE CHAIRMAN WILL EVALUATE WHETHER THE REPORTED MATTER REPRESENTS A MINOR CONFLICT NOT LIKELY TO EFFECT THE PERSONS RESPONSIBILITIES AS A BOARD MEMBER, OR COULD REPRESENT A SERIOUS CONFLICT THAT COULD COMPROMISE ACTIONS TAKEN BY THE BOARD. MINOR CONFLICTS WOULD BE DISCUSSED WITH THE BOARD MEMBER TO OUTLINE ANY RESTRICTION THAT COULD RESULT FROM THE CONFLICT IN CONDUCTING BOARD BUSINESS. A SERIOUS CONFLICT WOULD LIKEWISE BE DISCUSSED AND THE BOARD MEMBER REQUESTED TO RESIGN. AS INDICATED, DUE TO THE NATURE OF THE ORGANIZATION, THE ACTION THAT WOULD BE TAKEN UPON REPORTING A CONFLICT IS HYPOTHETICAL AS BOARD MEMBERS ARE INTERVIEWED PRIOR TO JOINING THE BOARD AND REQUIRED TO REPORT ANY CONFLICTS PRIOR TO BEING APPOINTED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEW ANNUALLY THE SALARY OF THE PRESIDENT (WHO IS THE CEO OF THE ORGANIZATION AND SERVES AS A NONVOTING MEMBER OF THE BOARD). MEMBERS OF THE BOARD ARE GENERALLY BUSINESS EXECUTIVES WORKING IN THE LOCAL COMMUNITY. THE BOARD DISCUSSES LOCAL SALARY AND BENEFIT PACKAGES FOR OTHER CEO'S OF SIMILAR ORGANIZATIONS, AND CONSIDER THE ORGANIZATION'S FINANCES IN MAKING A FINAL DETERMINATION. 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 ON REQUEST MADE TO THE ORGANIZATION'S OFFICE. THE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE, OR MAY BE MADE AVAILABLE BY E-MAIL OF THE DOCUMENTS REQUESTED. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE REVIEWS THE AUDIT REQUIREMENTS AND THE RELATIONSHIP WITH THE AUDITORS PROPOSED AND REPORT TO THE ENTIRE BOARD FOR A VOTE TO APPOINT THE AUDITORS. THE FINANCE COMMITTEE IS ALSO RESPONSIBLE FOR REVIEWING THE DRAFT OF THE AUDITED FINANCIAL STATEMENTS AND DRAFT FORM 990 TO ASSURE THAT THE FINANCIAL STATEMENTS ARE PROPERLY STATED AND PROPERLY REFLECT THE FINANCIAL POSITION AND ACTIVITIES OF THE ORGANIZATION. JUNIOR ACHIEVEMENT USA ONE EDUCATION WAY COLORADO SPRINGS CO 80906 841267604 PROVIDE LEADERSHIP TO SEPARATELY INCORPORATED JUNIOR ACHIEVEMENT ORG CO 501(C)(3) PUBLIC CHARITY 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 JUNIOR ACHIEVEMENT WORLDWIDE - LICENSING FEES B FAIR MKT VALUE JUNIOR ACHIEVEMENT WORLDWIDE - PURCHASE OF ED MATERIAL USED IN PROGRAMS H FAIR MKT VALUE JUNIOR ACHIEVEMENT WORLDWIDE - PAYMENT FOR SHARED HEALTH AND LIAB INSURANCE R FAIR MKT VALUE JUNIOR ACHIEVEMENT WORLDWIDE - SHARED REVENUE C FAIR MKT VALUE