2015-11-16T10:10:10-06:00 2014-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-01-01 134145441 NPOWER INC NPOW 2125647010 3 METROTECH CENTER MEZZANINE BROOKLYN NY 11201 BOB NICHOLSON CAO 2125647010 2015-11-12 1 AARON SHAPIRO P01333816 2128674000 2014 2016-03-07 17:11:31Z BOB NICHOLSON 3 METROTECH CENTER MEZZANINE BROOKLYN NY 11201 6065213 0 X NPOWER.ORG X 2000 NY NPOWER MOBILIZES THE TECH COMMUNITY AND PROVIDES INDIVIDUALS, NONPROFITS AND SCHOOLS OPPORTUNITIES TO BUILD TECH SKILLS AND ACHIEVE THEIR POTENTIAL. WE PURSUE THIS MISSION THROUGH TWO SIGNATURE PROGRAMS - TECHNOLOGY SERVICE CORPS AND THE COMMUNITY CORPS. 20 20 59 20 0 0 4892560 5179005 1038903 749557 1262 901 -117412 -214935 5815313 5714528 0 217992 0 0 3925451 3347550 0 0 438836 2091389 2209244 6016840 5774786 -201527 -60258 3019445 2781015 421179 243007 2598266 2538008 NPOWER MOBILIZES THE TECH COMMUNITY AND PROVIDES INDIVIDUALS, NONPROFITS AND SCHOOLS OPPORTUNITIES TO BUILD TECH SKILLS AND ACHIEVE THEIR POTENTIAL. WE PURSUE THIS MISSION THROUGH TWO SIGNATURE PROGRAMS - TECHNOLOGY SERVICE CORPS AND THE COMMUNITY CORPS. 0 0 3289413 217992 749557 TECHNOLOGY SERVICE CORPS BUILDS BRIGHTER FUTURES FOR UNDERSERVED YOUNG ADULTS AND VETERANS THROUGH FREE TECHNOLOGY AND PROFESSIONAL SKILLS TRAINING. THE PROGRAM INCLUDES TECHNICAL CLASSES, MENTORING FROM BUSINESS LEADERS, INTERNSHIPS AND CAREER DEVELOPMENT WORKSHOPS AT LEADING CORPORATIONS AND NONPROFITS, INDUSTRY-RECOGNIZED CERTIFICATIONS AS WELL AS EMPLOYMENT AND ALUMNI SERVICES. MORE THAN 80% OF OUR ALUMNI ARE EMPLOYED OR PURSUING HIGHER EDUCATION WITHIN ONE YEAR OF GRADUATION. IN THE NEW YORK (BROOKLYN & HARLEM) AND NORTH TEXAS (DALLAS/FORT WORTH) MARKETS THIS PROGRAM SERVED 320 STUDENTS DURING THE YEAR. IN ADDITION, THE FOUNDATION WORK WAS COMPLETED FOR EXPANSION TO ADDITIONAL MARKETS IN 2015 - CALIFORNIA (SAN FRANCISCO BAY AREA) AND CANADA (TORONTO). 1189334 THE COMMUNITY CORPS IS A SKILLS-BASED VOLUNTEERING PROGRAM CONNECTING TECHNOLOGY PROFESSIONALS WITH HIGH IMPACT NONPROFITS AND INNOVATIVE EDUCATION PARTNERS VIA OUR ONLINE PROGRAM. OUR TECH VOLUNTEERS WORK HAND-IN-HAND WITH SCHOOLS AND NONPROFITS ACROSS THE COUNTRY TO HELP THEM USE TECHNOLOGY MORE EFFECTIVELY AND INSPIRE THE NEXT GENERATION OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) PROFESSIONALS. OUR SERVICES ARE FREE TO INDIVIDUALS, NONPROFITS AND SCHOOLS. THE COMMUNITY CORPS GREW ITS MATCHES AND HOURS BY OVER 70% IN 2014 TO 2,185 MATCHES AND 24,683 HOURS DEDICATED TO BUILDING TECH SKILLS AND INSPIRING YOUTH TO PURSUE TECH AS A CAREER. 434967 FOUNDATION CONNECT PROVIDES PROPRIETARY SOFTWARE APPLICATIONS TO FOUNDATIONS TO FACILITATE THE STREAMLINING OF THE ENTIRE GRANT APPLICATION/EVALUATION PROCESS. THE NUMBER OF FOUNDATIONS SERVED EXCEEDED 50, INCLUDING THE THIRD LARGEST FOUNDATION IN THE UNITED STATES. THIS LINE OF BUSINESS WAS SOLD TO ROUNDCORNER IN MAY 2014. 4913714 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 206 0 59 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY TX CA X X J THOMAS SUSSMAN NPOWER NY 2125647010 3 METROTECH CENTER BROOKLYN NY 11201 DANIEL PETROZZO CHAIRMAN 1.50 X X 0 0 0 MATTHEW HORNER VICE CHAIR & HEAD OF DEVELOPMENT COMMITTEE 1.50 X X 0 0 0 JOSHUA S LEVINE TREASURER & HEAD OF AUDIT COMMITTEE 1.50 X X 0 0 0 GAIL FIERSTEIN SECRETARY 1.50 X X 0 0 0 CATHINKA WAHLSTROM HEAD OF NOMINATING & GOVERNANCE COMMITTEE 1.50 X X 0 0 0 FRANK PEDERSON DIRECTOR 1.50 X 0 0 0 KAREN PATERSON DIRECTOR 1.50 X 0 0 0 PETER A ALLEN DIRECTOR 1.50 X 0 0 0 PRASAD CHINTAMANENI DIRECTOR 1.50 X 0 0 0 WOODY SESSOMS DIRECTOR 1.50 X 0 0 0 PARAG SAMARTH DIRECTOR 1.50 X 0 0 0 CLARK GOLESTANI DIRECTOR 1.50 X 0 0 0 RICHARD M GREENBAUM DIRECTOR 1.50 X 0 0 0 MICHAEL P GREGOIRE DIRECTOR 1.50 X 0 0 0 MOIRA KILCOYNE DIRECTOR 1.50 X 0 0 0 THOMAS KNOWLTON DIRECTOR 1.50 X 0 0 0 RAMANA MURTHY MAGAPU DIRECTOR 1.50 X 0 0 0 DAVID REILLY DIRECTOR 1.50 X 0 0 0 CHRIS FURST DIRECTOR 1.50 X 0 0 0 BRIDGET O'CONNOR DIRECTOR 1.50 X 0 0 0 THOMAS SUSSMAN DIRECTOR OF FINANCE & ADMI 10.00 X 63739 0 0 STEPHANIE CUSKLEY CHIEF EXECUTIVE OFFICER 40.00 X 243534 0 6473 SHANNON GIBBONS DIRECTOR OF DEVELOPMENT 40.00 X 153038 0 5118 PATRICK COHEN DIRECTOR-TECHNOLOGY SERVICE CORPS 40.00 X 119585 0 98 MARY ELLEN SULLIVAN DIRECTOR-THE COMMUNITY CORPS 40.00 X 108730 0 5433 PATRICIA PACE REGIONAL DIRECTOR - TECHNOLOGY SERVICE CORPS 40.00 X 103131 0 1869 MARK TOPPING DIRECTOR FOUNDATION CONNECT 40.00 X 115388 0 0 907145 0 18991 6 0 1 0 ENZIGMA SOFTWARE PVT LTD 61ST FLR PRIMROSE MALL BANER ROAD PUNE IN 411045 SOFTWARE DEVELOPMENT 189144 PIER SIXTY LLC 23RD STREET CHELSEA PIERS PIER 62 NEW YORK NY 10011 GALA EVENT 176867 TEKMARK GLOBAL SOLUTIONS LLC 100 METROPLEX DRIVE SUITE 102 EDISON NJ 08817 ACCOUNTING SERVICES 120000 3 1327892 3851113 412374 5179005 TECHNOLOGY ASSISTANCE AND TRAININ 541511 749557 749557 749557 901 901 135750 1327892 350685 -214935 -214935 5714528 749557 0 -214034 X 217992 217992 313746 188743 125003 2368866 1998488 81059 289319 360986 257308 27258 76420 303952 279077 24875 13911 13911 24000 24000 1173781 1082337 38156 53288 6539 5989 550 513206 491100 14987 7119 90396 74910 13914 1572 145421 123792 21629 70035 56137 5154 8744 19708 16443 3265 36920 33429 3491 BAD DEBT 21263 4332 16931 94064 83637 8053 2374 5774786 4913714 422236 438836 598532 1092983 620168 43545 1328500 1317755 426068 197066 43616 390595 341404 46177 49191 25040 11819 3019445 2781015 190454 243007 230725 0 421179 243007 X 2388266 1618019 210000 919989 2598266 2538008 3019445 2781015 -60258 0 X X 0 1 X 1 0 X 2715771 3752304 4309195 4892560 5179005 20848835 2715771 3752304 4309195 4892560 5179005 20848835 2963429 17885406 7546 4925 2686 1262 901 17320 23829 23829 20889984 9984481 0.85620 0.74690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: RECOVERY OF BAD DEBT RESCINDED GRANTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71464 22273 49191 319131 319131 0 49191 X 5740531 243995 243995 5496536 217992 217992 5714528 5675544 118750 118750 5556794 217992 217992 5774786 PART X, LINE 2: UNCERTAINTY IN INCOME TAXES - THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDINGS DECEMBER 31, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM RELATED PARTY 243,995. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT TO RELATED PARTY 217,992. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM RELATED PARTY 118,750. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO RELATED PARTY 217,992. 1 NORTH AMERICA 1 5 GRANT TO RECIPIENT LOCATED IN REGION 217992 1 5 0 0 1 5 217992 0 217992 CANADA GENERAL SUPPORT FOR TECHNOLOGY TRAINING 217992 WIRE TRANSFER 0 1 0 0 0 0 0 0 PART I, LINE 2: NPOWER INC. IS THE SOLE MEMBER OF NPOWER CANADA AND THE CEO OF NPOWER INC. ALSO SITS ON THE BOARD OF NPOWER CANADA WHICH TRANSLATES TO THE GENERAL OPERATIONS AND FINANCIAL STATEMENTS BEING AVAILABLE TO NPOWER INC. ON AN ONGOING BASIS. THROUGH THESE ITEMS, NPOWER INC. IS ABLE TO MONITOR THE USE OF THE GRANT THAT WAS MADE TO NPOWER CANADA IN 2014. GALA 1380587 1266837 113750 147867 107057 JAZZ EVENT 83055 61055 22000 40984 54777 1463642 1327892 135750 188851 161834 350685 -214935 X X 0 0 0 0 0 0 0 0 0 STEPHANIE CUSKLEY CHIEF EXECUTIVE OFFICER 223534 0 20000 0 0 0 0 0 0 6473 243534 6473 0 0 SHANNON GIBBONS DIRECTOR OF DEVELOPMENT 148038 0 5000 0 0 0 0 0 0 5118 153038 5118 0 0 X COMPUTERS,COMPUTER PARTS AND PERIPHERALS 624 234624 COST OF ITEM X ADVERTISEMENT 1 163750 FAIR VALUE X BUSINESS CLOTHING 360 14000 COST OF ITEM 0 0 0 PART I, COLUMN (B): THIS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS REVIEWED IN DETAIL BY THE ORGANIZATIONS' OFFICERS AND THE AUDIT COMMITTEE OF THE BOARD. THE AUDIT COMMITTEE DECIDES TO RECOMMEND ITS APPROVAL TO THE FULL BOARD. A COPY OF THE FORM 990 IS SENT TO EVERY BOARD MEMBER AND THE BOARD TREASURER PRESENTS A SUMMARY AND RECOMMENDATION FOR APPROVAL TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTOR OF FINANCE/ADMINISTRATION REVIEWS POTENTIAL CONFLICTS WITH THE AFFECTED BOARD MEMBER OR OFFICER AND REACHES AN AGREEMENT ON STATUS. IF NO AGREEMENT IS REACHED, THE DIRECTOR OF FINANCE/ADMINISTRATION ADDRESSES THE MATTER WITH THE CHAIR OR THE BOARD-DESIGNATED MEMBER FOR CONFLICT RESOLUTION. THE AFFECTED MEMBER OR OFFICER CAN RECUSE OR BE ASKED TO RECUSE FROM PARTICIPATION IN DISCUSSIONS OR VOTES ON THE APPLICABLE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIR CONVENES A COMMITTEE TO CONSIDER THE ORGANIZATION'S PERFORMANCE, THE PERFORMANCE OF THE CEO AGAINST OBJECTIVES, THE GENERAL MARKET CONDITIONS AND THE PROSPECTS FOR THE OPERATION. THE COMMITTEE ALSO COMPARES THE CURRENT CEO'S COMPENSATION WITH OTHER NONPROFITS CEO'S COMPENSATION AND AGREES ON THE AMOUNT AND NATURE OF COMPENSATION (I.E. SALARY AND BONUS). THE APPROVED AMOUNTS ARE THEN FORWARDED TO THE DIRECTOR OF FINANCE AND ADMINISTRATION. THIS PROCESS WAS LAST PERFORMED IN JANUARY 2014. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AND STATEMENTS ARE MADE AVAILABLE TO INDIVIDUALS AND ORGANIZATIONS UPON REQUEST, AND SUBJECT TO OUR DETERMINATION OF THEIR NEED TO KNOW. FORM 990, PART IX, LINE 11G STIPENDS: PROGRAM SERVICE EXPENSES 329,562. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 329,562. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 292,573. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 292,573. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 88,368. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 53,288. TOTAL EXPENSES 141,656. SOFTWARE DEVELOPMENT : PROGRAM SERVICE EXPENSES 188,250. MANAGEMENT AND GENERAL EXPENSES 38,156. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 226,406. TECHNOLOGY CONSULTANT : PROGRAM SERVICE EXPENSES 183,584. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 183,584. FORM 990, PART XI LINE 2C AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE ORGANIZATION'S GOVERNING BOARD.