2014-01-22T17:10:13-06:00 2013-06-30 591818353 KAUFMAN ROSSIN & CO PA 2699 S BAYSHORE DRIVE MIAMI FL 33133 990 2012-07-01 650828272 ADOPT-A-CLASSROOM INC ADOP 8774447666 110 NORTH 5TH STREET 10TH FLOOR MINNEAPOLIS MN 55403 ROBERT THACKER 8774447666 2014-01-08 1 DEBORAH YOUNG P00082695 3058585600 2014-01-08 2012 2016-03-07 17:11:31Z X ROBERT THACKER 110 NORTH 5TH STREET 10TH FLOOR MINNEAPOLIS MN 55403 2766940 0 X WWW.ADOPTACLASSROOM.ORG X 1998 FL ADOPT-A-CLASSROOM INCREASES OPPORTUNITY FOR STUDENT SUCCESS BY EMPOWERING TEACHERS WITH COMMUNITY PARTNERS AND FUNDS TO PURCHASE RESOURCES FOR THE CLASSROOM. 12 12 8 0 0 0 2550821 2758358 0 0 9046 8582 0 0 2559867 2766940 0 0 0 0 465845 519015 113 5000 256225 2088869 2247181 2554827 2771196 5040 -4256 2656110 2743018 138479 218025 2517631 2524993 ADOPT-A-CLASSROOM INCREASES OPPORTUNITY FOR STUDENT SUCCESS BY EMPOWERING TEACHERS WITH COMMUNITY PARTNERS AND FUNDS TO PURCHASE RESOURCES FOR THE CLASSROOM. 0 0 2378852 PURCHASED SCHOOL SUPPLIES FOR CLASSROOMS OF LOCAL COMMUNITY SCHOOLS. DURING THE CURRENT YEAR, SUPPLIES WERE FURNISHED TO 8,404 CLASSROOMS, WHICH IMPACTED APPROXIMATELY 200,000 STUDENTS. 2378852 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 9 0 8 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL MN X X X ROBERT THACKER 8774447666 110 NORTH FIFTH STREET 10TH FLOOR MINNEAPOLIS MN 55403 JOHN OXENDINE 0.50 X X 0 0 0 DOUG LEVINE 0.50 X X 0 0 0 BEN POWELL 0.50 X X 0 0 0 MARJORIE KEAN 0.50 X X 0 0 0 MAX HOLTZMAN 0.50 X 0 0 0 DAVE LEYRER 0.50 X 0 0 0 MELISSA RUBIN 0.50 X 0 0 0 DEBORAH C YOUNG 0.50 X 0 0 0 AMI ANDERSON 0.50 X 0 0 0 JULIE KRUEGER 0.50 X 0 0 0 SCOTT PANSKY 0.50 X 0 0 0 DOUG SPONG 0.50 X 0 0 0 JAMES ROSENBERG 55.00 X 185000 0 17928 185000 0 17928 1 0 1 0 0 2758358 2758358 8582 8582 2766940 0 0 8582 202928 116595 48590 37743 256116 109066 9500 137550 26979 10903 712 15364 32992 15176 2969 14847 4175 4175 15400 15400 5000 5000 32423 32423 32916 32916 42618 40685 1278 655 52427 52427 50781 23238 27543 49392 24696 24696 2134 2134 13797 6463 7334 4857 4857 CLASSROOM SUPPLIES 1772042 1772042 SOFTWARE LICENSE 98113 72493 5250 20370 DEVELOPMENT 63150 63150 CONTRACT LABOR 9566 9566 3390 3390 2771196 2378852 136119 256225 1965514 1755885 64781 251837 174940 180001 150580 51452 6326 99128 444549 456167 2656110 2743018 138479 218025 138479 218025 X 1147227 1115929 933845 960887 436559 448177 2517631 2524993 2656110 2743018 X -4256 11618 X 0 1 X 0 0 X 2603063 2225472 2630458 2550821 2794358 12804172 2603063 2225472 2630458 2550821 2794358 12804172 2683975 10120197 3430 2388 3682 9046 8582 27128 12831300 0.78870 0.77800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 436559 11618 448177 430328 6231 436559 382903 47425 430328 377285 5618 382903 488476 -111191 377285 1.00000 1 0 24955 24955 0 125625 26497 99128 99128 SECURITY DEPOSIT 5990 NORTH DADE MEDICAL FOUNDATION ENDOWMENT FUND 448177 ART WORK 2000 456167 X 2814558 11618 36000 47618 2766940 0 2766940 2807196 36000 36000 2771196 0 2771196 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AN ENDOWMENT FUND WAS ESTABLISHED IN JUNE OF 2006 BY ANOTHER EXEMPT ORGANIZATION. THE ENDOWMENT FUND IS PERMANENTLY RESTRICTED AND IS INVESTED BY A DESIGNATED REPRESENTATIVE. THE ORGANIZATION HAS NO CONTROL OVER THE THE INVESTMENT GUIDELINES. THE DESIGNATED REPRESENTATIVE MAKES ANNUAL DISTRIBUTIONS FROM THE FUND TO THE ORGANIZATION OF NO LESS THAN 5% OF THE FAIR MARKET VALUE. THE ORGANIZATION IS FREE TO USE THE DISTRIBUTIONS IT RECEIVES FROM THE FUND FOR ITS NORMAL OPERATIONS. FUNDS RECEIVED IN THE CURRENT YEAR WERE APPROXIMATELY $22,000. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRS"). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. IN ADDITION, THE ORGANIZATION QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SERCION 170(B)(1)(A) OF THE IRC. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE ORGANIZATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIBILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. MANAGMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR YEARS PRIOR TO 2010. 0 0 0 0 0 0 0 0 0 JAMES ROSENBERG 185000 0 0 0 0 0 0 0 17928 0 202928 0 0 0 JAMES ROSENBERG FOUNDER AND EXECUTIVE DIRECTOR SALE OF INTELLECTUAL PROPERTY IN 2011 BY THE ORGANIZATION TO A FOR-PROFIT CORPORATION WHERE JAMES ROSENBERG IS A MAJORITY SHAREHOLDER. THE NOTE RECEIVABLE FOR THIS TRANSACTION IS TO BE REPAID IN INSTALLMENTS. THE BALANCE OF THE NOTE RECEIVABLE AS OF JUNE 30, 2013 WAS $180,001. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE PRESIDENT BY THE RETURN PREPARER. AFTER REVIEW BY THE BOARD, THE PREPARER MAKES ANY NECESSARY CHANGES AND PROVIDES THE COMPLETED RETURN TO THE ORGANIZATION FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, ADOPT-A-CLASSROOM REVIEWS THE CONFLICT OF INTEREST POLICY WITH EMPLOYEES AND THE BOARD OF DIRECTORS. WE REQUEST EACH EMPLOYEE AND BOARD MEMBER TO ACKNOWLEDGE THAT HE HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. ADOPT-A-CLASSROOM ASKS EACH EMPLOYEE AND BOARD MEMBER WHETHER HE HAS AN ACTUAL OR POSSIBLE CONFLICT AND TO DESCRIBE ANY RELATIONSHIPS, TRANSACTIONS, OR OTHER CIRCUMSTANCES THAT MAY RESULT IN A CONFLICT OF INTEREST. IF AN ACTUAL OR POSSIBLE CONFLICT ARISES, ADOPT-A-CLASSROOM REFERS SUCH MATTERS TO ITS OUTSIDE LEGAL COUNSEL FOR DETERMINATION, AND RELIES ON LEGAL COUNSEL TO DETERMINE WHETHER A CONFLICT EXISTS, AND WHAT RESTRICTIONS MAY APPLY TO THE RELATED PARTIES. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS INDLUDES AN ANNUAL REVIEW AND COMPARABLE SALARY STUDIES. IT IS THEN REVIEWED AND DISCUSSED AT A BOARD MEETING AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE CONTAINED WITHIN THE BY-LAWS. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII JAMES ROSENBERG - 4141 NE 2ND AVENUE, SUITE 203B, MIAMI, FL 33137. JOHN OXENDINE - 2727 N. OCEAN BLVD., A-506, BOCA RATON, FL 33429. DOUG LEVINE - 2760 N. BAY ROAD, MIAMI BEACH, FL 33140. BEN POWELL - 15908 SW 92ND AVENUE, MIAMI, FL 33157. MARJORIE KEAN - 1000 VENETIAN WAY, #108, MIAMI BEACH, FL 33139. MAX HOLTZMAN - 1610 W. 21ST STREET, MIAMI BEACH, FL 33140. DAVE LEYRER - 7652 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109. MELISSA RUBIN - 10 SOUTH RIVER DRIVE, MIAMI, FL 33130. DEBORAH C. YOUNG - 2699 S. BAYSHORE DRIVE, MIAMI, FL 33133. AMI ANDERSON - 7801 W. 96TH STREET, BLOOMINGTON, MN 55438. JULIE KRUEGER - 20 W. KINZIE, 13TH FLOOR, CHICAGO, IL 60654. SCOTT PANSKY - 2001 WILSHIRE BLVE, SUITE 504, SANTA MONICA, CA 90403. DOUG SPONG - 110 NORTH FIFTH STREET, MINNEAPOLIS, MN 55403. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF ENDOWMENT FUND 11,618.