2015-11-13T14:32:49-06:00 2014-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2014-01-01 461695065 YOUTH SERVICES INC YOUT 6179128957 200 CLARENDON STREET 29TH FLOOR BOSTON MA 021165009 JOHN GROSSMAN PRESIDENT 6172675877 2015-11-05 1 THOMAS WASHBURN CPA P00537319 5083669100 2015-11-05 2014 2016-03-07 17:11:31Z X JOHN GROSSMAN 200 CLARENDON ST 29TH FLOOR BOSTON MA 02116 1766323 0 X N/A X 2013 MA TO EFFECTIVELY AND EFFICIENTLY FACILITATE AND OVERSEE THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS PILOT. 5 1 0 0 0 0 0 1534323 0 232000 0 0 0 0 0 1766323 0 0 0 0 0 0 0 0 0 0 2884049 0 2884049 0 -1117726 0 1081318 18685 2199044 -18685 -1117726 X TO EFFECTIVELY AND EFFICIENTLY FACILITATE AND OVERSEE THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS PILOT. 1 0 2884049 232000 THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS (PFS) INITIATIVE: THIS $28 MILLION PAY FOR SUCCESS PROJECT IS A SEVEN-YEAR INITIATIVE DESIGNED TO DECREASE RECIDIVISM RATES AND IMPROVE OUTCOMES FOR HUNDREDS OF AT-RISK YOUNG MEN IN THE PROBATION SYSTEM OR LEAVING THE JUVENILE JUSTICE SYSTEM IN MASSACHUSETTS. IN JANUARY 2014 THE PROJECT LAUNCHED, BRINGING TOGETHER AN EVIDENCE-BASED, HIGH PERFORMING PROVIDER OF SERVICES, ROCA, INC., FUNDERS RANGING FROM THE BOSTON FOUNDATION TO GOLDMAN SACHS, AND MULTIPLE STATE AGENCIES. THE MASSACHUSETTS PFS INITIATIVE WILL IMPROVE THE LIVES OF YOUNG PEOPLE BY PROVIDING INTENSIVE OUTREACH AND SERVICES TO HELP THEM LIVE HEALTHY, PRODUCTIVE LIVES. IT WILL ALSO REDUCE CRIME, PROMOTE SAFER AND STRONGER COMMUNITIES AND SAVE TAXPAYER DOLLARS. THE PROJECT WAS LAUNCHED JANUARY 7TH, 2014, AND APPROXIMATELY 250 YOUTH WERE ENROLLED IN 2014. 2884049 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X NEW PROFIT INC 6179128800 200 CLARENDON ST 29TH FLOOR BOSTON MA 02116 GEORGE OVERHOLSER DIRECTOR 0.30 40.00 X X 0 131000 500 RICHARD EDWARDS TREASURER 0.30 40.00 X X 0 153500 500 JOHN GROSSMAN PRESIDENT 5.00 40.00 X X 0 151750 500 CAROLINE WHISTLER CLERK 0.30 40.00 X X 0 152702 5241 HUGH R JONES III DIRECTOR 1.00 1.00 X 0 0 0 MARCIA CHONG ASSISTANT CLERK 0.30 40.00 X 0 50799 0 0 639751 6741 0 0 1 0 THIRD SECTOR CAPITAL PARTNERS 200 CLARENDON ST 29TH FL BOSTON MA 02116 PROGRAM MANAGEMENT 372097 MANATT PHELPS AND PHILLIPS 11355 W OLYMPIC BLVD LOS ANGELES CA 90064 LEGAL SERVICES 190000 SIBALYTICS 85 WEST ST MEDFORD MA 02155 EVALUATION 108566 3 1534323 1534323 PAY FOR SUCCESS FEES 624100 232000 232000 232000 1766323 232000 0 0 X 220650 220650 2623508 2623508 39130 39130 MISCELLANEOUS 761 761 2884049 2884049 0 0 832318 232000 17000 0 1081318 18685 804261 1394783 18685 2199044 X -18685 -2652049 1534323 -18685 -1117726 0 1081318 X -1117726 18685 X 0 1 X 0 0 X X X 1 THIRD SECTOR CAPITAL PARTNERS INC 461301032 7 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION AND YSI ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION AND YSI HAVE DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINING FINANCIAL STATEMENTS AT DECEMBER 31, 2014. THE ORGANIZATION'S AND YSI'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. X 0 0 0 0 0 0 0 0 0 RICHARD EDWARDS TREASURER 0 153500 0 0 0 0 0 0 0 500 0 154000 0 0 JOHN GROSSMAN PRESIDENT 0 151750 0 0 0 0 0 0 0 500 0 152250 0 0 CAROLINE WHISTLER CLERK 0 152702 0 0 0 0 0 0 0 5241 0 157943 0 0 FORM 990, PART III, LINE 2 TO EFFECTIVELY AND EFFICIENTLY FACILITATE AND OVERSEE THE MASSACHUSETTS JUVENILE JUSTICE PAY FOR SUCCESS PILOT DESIGNED TO DELIVER MEASURABLE IMPROVEMENT TO THE LIVES OF OVER 900 YOUNG PEOPLE INVOLVED IN THE JUSTICE SYSTEM AND TO MAKE GOVERNMENT MORE EFFICIENT. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT REVIEWS AND APPROVES THE 990 AND SENDS THE APPROVED FORM TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL KEY EMPLOYEES, AS DEFINED BY THE IRS, AS WELL AS DIRECTORS. ADDITIONALLY, WE REQUIRE ALL EMPLOYEES TO ANNUALLY CERTIFY THAT THEY DO NOT HAVE ANY CONFLICTS THAT EXIST WERE THEY TREATED AS KEY EMPLOYEES AND TO REPORT ANY SUCH CONFLICTS. AN INITIAL DETERMINATION OF ANY POTENTIAL RELATED PARTY OR EXCESS BENEFIT TRANSACTION EXISTS IS MADE BY THE GENERAL COUNSEL OR MANAGER OF FINANCE AND OPERATIONS, UNLESS SUCH PERSON IS NOT DISINTERESTED. THE BOARD IS THEN CHARGED WITH THE REVIEW AND APPROVAL OF SUCH TRANSACTION AND MAY DELEGATE THAT RESPONSIBILITY TO ITS AUDIT COMMITTEE. IN ALL SUCH CASES, ONLY DISINTERESTED DIRECTORS MAY PARTICIPATE. FORM 990, PART VI, SECTION C, LINE 19 YOUTH SERVICES, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G EVALUATOR FEES: PROGRAM SERVICE EXPENSES 195,961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195,961. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 391,680. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 391,680. PROJECT SERVICE FEES: PROGRAM SERVICE EXPENSES 2,035,867. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,035,867. FORM 990, PART XI, LINE 9: 2013 CONSULTANT EXPENSE REPORTED ON TAX RETURN AND NOT IN THE FINANCIALS. 18,685. THIRD SECTOR CAPITAL PARTNERS 200 CLARENDON ST 29TH FL BOSTON MA 02116 PROGRAM MANAGEMENT MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 THIRD SECTOR CAPITAL PARTNERS INC O 0 NO VALUE ASSIGNED THIRD SECTOR CAPITAL PARTNERS INC E 1394783 BALANCE OF LOANS PAYABLE THIRD SECTOR CAPITAL PARTNERS INC M 372097 PROJECT SERVICE FEES CONTRACT THIRD SECTOR CAPITAL PARTNERS INC N 0 NO VALUE ASSIGNED