2015-07-20T11:51:11-05:00 2014-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2014-01-01 043575764 ADOPTION AND FOSTER CARE MENTORING INC ADOP 6172241300 727 ATLANTIC AVENUE BOSTON MA 02111 COLBY SWETTBERG EXECUTIVE DIRECTOR 6172241300 2015-07-20 1 THOMAS F MULDOON CPA P01561688 5083669100 2015-07-14 2014 2016-02-25 16:41:14Z COLBY SWETTBERG 727 ATLANTIC AVENUE 3RD FLOOR BOSTON MA 02111 1108007 0 X WWW.AFCMENTORING.ORG X 2001 MA ADOPTION & FOSTER CARE MENTORING EMPOWERS FOSTER AND ADOPTED YOUTH TO FLOURISH THROUGH COMMITTED MENTORING RELATIONSHIPS DEVELOPMENT OF ESSENTIAL LIFE SKILLS. 11 11 13 160 0 0 759432 1090015 0 0 977 131 5573 -3202 765982 1086944 0 0 0 0 485012 590676 0 0 151355 154609 190787 639621 781463 126361 305481 808100 1109058 47179 42656 760921 1066402 X ADOPTION & FOSTER CARE MENTORING EMPOWERS YOUTH IN FOSTER CARE TO FLOURISH THROUGH COMMITTED MENTORING RELATIONSHIPS AND THE DEVELOPMENT OF ESSENTIAL LIFE SKILLS 0 0 545705 161 ADOPTION & FOSTER CARE (AFC) MENTORING IS PROUD TO REPORT SIGNIFICANT GROWTH AND PROGRESS. IN 2014 AFC SERVED 216 BOSTON AREA YOUTH AND YOUNG ADULTS THROUGH ONE-TO-ONE MENTORING RELATIONSHIPS, LIFE SKILLS WORKSHOPS, INTERNSHIPS, AND COMMUNITY ACTIVITIES. IN ADDITION TO AFC LEADERS, A LIFE SKILLS PROGRAM FOR YOUTH PREPARING TO AGE OUT OF THE FOSTER CARE SYSTEM, AFC GREW OUR LEARN & EARN PROGRAM. LEARN & EARN IS A YEAR-LONG LIFE SKILLS CURRICULUM WITH A MATCHED SAVINGS COMPONENT TO HELP YOUTH AGES 16 AND OLDER PREPARE FOR ADULTHOOD WHILE EARNING AND SAVING ASSETS TOWARD INDEPENDENT LIVING NEEDS LIKE RENT OR TUITION. AFC CONTINUES TO INVEST IN TRACKING OUTCOMES AND HAS DELIVERED IMPRESSIVE RESULTS. SEVENTY PERCENT (70%) OF THE YOUNG PEOPLE WE WORK WITH OVER AGE 18 ARE EMPLOYED, COMPARED TO 43% NATIONALLY OF YOUTH WHO HAVE LEFT FOSTER CARE. IN ADDITION, 70% OF AFC PARTICIPANTS GRADUATED HIGH SCHOOL, AND 20% HAVE GONE TO COLLEGE. THIS IS COMPARED TO 54% AND 3% RESPECTIVELY, NATIONWIDE. THESE OUTCOMES DEMONSTRATE THE POSITIVE, LONG-TERM EFFECT AFC'S PROGRAMS HAVE ON YOUTH WITH FOSTER CARE EXPERIENCE 545705 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 0 0 0 0 1 6 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X COLBY SWETTBERG 6172241300 727 ATLANTIC AVENUE 3RD FLOOR BOSTON MA 02111 JUSTIN PASQUARIELLO BOARD CHAIR 2.00 X X 0 0 0 ALFONSO PERILLO VICE CHAIR & BOARD TREASURER 2.00 X X 0 0 0 ANNE BOWIE DIRECTOR 2.00 X 0 0 0 DANIELLE HALDERMAN DIRECTOR 2.00 X 0 0 0 YOLANDA COENTRO DIRECTOR 2.00 X 0 0 0 MELANIE DAMSKER CAMP DIRECTOR 2.00 X 0 0 0 SCOTT KNOX DIRECTOR 2.00 X 0 0 0 LISA ROWAN-GILLIS DIRECTOR 2.00 X 0 0 0 JULIE GALEOTA DIRECTOR 2.00 X 0 0 0 MATT HEGARTY DIRECTOR 2.00 X 0 0 0 BRYAN NELSON DIRECTOR 2.00 X 0 0 0 COLBY SWETTBERG EXECUTIVE DIRECTOR 40.00 X 103324 0 10186 103324 0 10186 1 0 0 0 0 45003 176706 138604 729702 1090015 131 131 17700 176706 21063 -3363 -3363 MISCELLANEOUS 900099 161 161 161 1086944 161 0 -3232 115437 81960 11544 21933 399002 274002 28661 96339 32447 22252 2294 7901 43790 30284 3403 10103 30762 30762 6697 6362 335 33996 26550 3017 4429 3641 2913 182 546 41414 33131 2071 6212 5861 4690 585 586 10933 10933 10606 8485 530 1591 PROGRAM EXPENSES 31132 31132 PROFESSIONAL DEVELOPMEN 13801 11731 690 1380 LICENCES AND FEES 1660 996 664 MISCELLANEOUS 284 284 781463 545705 84403 151355 699405 954493 75758 118451 8271 15981 53737 33604 24666 20133 808100 1109058 47179 42656 47179 42656 X 603780 897845 157141 168557 760921 1066402 808100 1109058 305481 0 X X 0 1 X 1 0 X 480675 631425 699076 759432 1090015 3660623 480675 631425 699076 759432 1090015 3660623 715810 2944813 2953 977 131 4061 7188 20904 2396 8158 161 38807 3703491 1591 0.79510 0.76740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 300000 300000 1.00000 0.00000 0.00000 0 0 23418 18085 5333 30319 15519 14800 20133 X 1086944 0 1086944 0 1086944 781463 0 781463 0 781463 PART V, LINE 4: BOARD DESIGNATED NET ASSETS REPRESENTS FUNDS SET ASIDE BY THE BOARD OF DIRECTORS FOR FUTURE STRATEGIC GROWTH INITIATIVES. PART X, LINE 2: AFC ACCOUNTS 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 FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFC HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2014. AFC'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. MATCH EVENT 163722 146022 17700 4000 8203 2974 3086 RODMAN RIDE 30684 30684 2800 194406 176706 17700 4000 8203 2974 5886 21063 -3363 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION CONTRACTS WITH A CPA FIRM TO PREPARE THE 990. THE DRAFT 990 IS PROVIDED TO THE EXECUTIVE DIRECTOR AND CFO FOR AN INITIAL REVIEW. ONCE ANY NECESSARY CHANGES ARE MADE, THE 990 IS FINALIZED AND PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEETS ANNUALLY AND REQUIRES THAT ALL MEMBERS SIGN OFF ON THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION COMPARES COMPENSATION FOR THE CURRENT EXECUTIVE DIRECTOR TO THAT OF OTHER EXECUTIVE DIRECTORS OF AGENCIES OF SIMILAR SIZE. THE COMPENSATION REVIEW WAS PERFORMED BY A BOARD SUBCOMMITTEE AND RECOMMENDATION WAS MADE TO THE FULL BOARD. FINAL COMPENSATION WAS THEN APPROVED BY THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.