2014-02-06T15:36:42-06:00 2013-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2012-07-01 412106366 SPRINGSTEP INC SPRI 5087881430 29 EDITH ROAD FRAMINGHAM MA 01701 DEBORAH HAWKINS 5087881430 2014-02-04 1 DAVID KELLEHER CPA P01059560 5083669100 2014-02-03 2012 2015-11-30 17:44:51Z X DEBORAH HAWKINS 29 EDITH ROAD FRAMINGHAM MA 01701 232657 0 X WWW.SPRINGSTEP.ORG X 2003 MA SPRINGSTEPS MISSION IS TO SERVE AS A CENTER TO CELEBRATE DANCE, MUSIC, AND ART FROM CULTURES AROUND THE WORLD. WE STRENGTHEN COMMUNITIES BY ENCOURAGING PARTICIPATION IN AND APPRECIATION FOR THE ARTS. WE OFFER SHARED EXPERIENCES FOR PEOPLE TO PARTICIPATE IN CLASSES, SOCIAL DANCES, GALLERY EXHIBITS, AND COMMUNITY EVENTS THAT NURTURE CREATIVITY, CONVENE PEOPLE FROM DIVERSE CULTURES, AND CONTRIBUTE TO A HEALTHY SOCIETY. 7 6 15 1 104251 -33713 37218 9520 191581 42871 134049 484 172319 179782 535167 232657 0 0 0 0 192850 157279 0 0 0 385579 232445 578429 389724 -43262 -157067 649645 400049 106447 86835 543198 313214 X SPRINGSTEP'S MISSION IS TO SERVE AS A CENTER TO CELEBRATE DANCE, MUSIC, AND ART FROM CULTURES AROUND THE WORLD. WE STRENGTHEN COMMUNITIES BY ENCOURAGING PARTICIPATION IN AND APPRECIATION FOR THE ARTS. WE OFFER SHARED EXPERIENCES FOR PEOPLE TO PARTICIPATE IN CLASSES, SOCIAL DANCES, GALLERY EXHIBITS, AND COMMUNITY EVENTS THAT NURTURE CREATIVITY, CONVENE PEOPLE FROM DIVERSE CULTURES, AND CONTRIBUTE TO A HEALTHY SOCIETY. 0 0 33975 39379 AFFILIATE CULTURAL PROGRAMSTHROUGH COLLABORATIONS WITH OTHER NONPROFIT GROUPS, DANCERS, MUSICIANS, AND ARTISTS WE OFFER A RANGE OF PROGRAMS THAT PROMOTE COMMUNITY PARTICIPATION IN DANCE AND MUSIC INCLUDING SOCIAL AND FOLK DANCES FROM CULTURES AROUND THE WORLD, TEACHING WORKSHOPS, WEEKEND FESTIVALS, AND PROGRAMS THAT BUILD CULTURAL AWARENESS. WE PROVIDE OUR EXCEPTIONAL FACILITY, TECHNICAL AND STAFF SUPPORT, AND MARKETING AND OUTREACH FOR THESE EVENTS. DURING THIS WIND-DOWN YEAR SPRINGSTEP SERVED APPROXIMATELY 2000 MEMBERS OF A DOZEN DIFFERENT GROUPS. 156424 79023 CLASSESSPRINGSTEP SPECIALIZES IN DANCE, FITNESS, AND ART CLASSES FOR ADULTS AND YOUTH. WE OFFERED THREE SESSIONS DURING THIS WIND-DOWN YEAR MOST OF WHICH WERE DROP-IN CLASSES. THE TEACHERS PAID A BELOW MARKET RATE TO RENT THE SPACES AND SPRINGSTEP PUBLICIZED THE CLASSES. A SAMPLE OF OUR OFFERINGS INCLUDE: TANGO, BOLLYWOOD, BELLY DANCING, HATHA YOGA, PILATES, ZUMBA, MUSIC TOGETHER, CREATIVE MOVEMENT AND MUCH MORE. WE STRIVE TO KEEP OUR CLASS FEES AFFORDABLE TO ACCOMMODATE THE SOCIO-ECONOMIC MIX OF RESIDENTS OF MEDFORD AND THE ABUTTING COMMUNITIES. 23680 COMMUNITY PROGRAMSWE PRODUCED 3 COMMUNITY EVENTS IN THIS WIND-DOWN YEAR WHICH INCLUDE SEASONAL ARTS FESTIVALS, CLASS SAMPLER DAYS, STUDENT ART SHOWS, AND GALLERY OPENINGS AND RECEPTIONS. IN ADDITION, WE PARTNERED WITH LOCAL HUMAN SERVICE ORGANIZATIONS SUCH AS THE MEDFORD FAMILY NETWORK ON AN ANNUAL INTERNATIONAL FAMILY FESTIVAL, A PROGRAM THAT BUILDS CULTURAL AWARENESS ABOUT THE DIVERSE HERITAGES OF SCHOOL-AGED CHILDREN FROM OVER 50 COUNTRIES WE ALSO PARTNER WITH OUR AFFILIATES WHO OFFER INTERGENERATIONAL COMMUNITY DANCES OFFERING FREE OR LOW-COST CULTURAL EVENTS TO THE BROADER COMMUNITY. 214079 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 29 0 1 15 1 1 1 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X SPRINGSTEPINC- THE ORGANIZATION 5087881430 29 EDITH ROAD FRAMINGHAM MA 01701 X DEBORAH HAWKINS 10.00 X X 0 0 0 MAY MARQUEBREUCK 2.00 X X 0 0 0 ALAN JUTRAS 2.00 X X 0 0 0 MARY K ELIOT 2.00 X 0 0 0 DOUG CARR 2.00 X 0 0 0 ROB BARRY 2.00 X 0 0 0 VIOLETA JELIAZKOVA 2.00 X 0 0 0 0 0 0 0 0 0 0 0 9520 9520 TUITION AND PROGRAM FE 711120 42871 42871 42871 484 484 PRIVATE RENTAL REVENUE 532000 104251 104251 MISCELLANEOUS REVENUE 900099 75531 75531 179782 232657 118402 104251 484 X 129299 89944 39355 11409 8580 2829 16571 11368 5203 10316 10316 11715 11715 63924 63924 1734 1686 48 5649 1473 4176 1825 532 1293 83053 83053 9159 5679 3480 CONTRACTED SERVICES 29283 11213 18070 TELEPHONE 6591 6591 BANK CHARGES AND FEES 5009 5009 MISCELLANEOUS 3952 316 3636 235 235 389724 214079 175645 0 10486 7943 554363 390447 72917 7101 569 4778 1090 229512 229512 0 0 649645 400049 28174 10488 78273 3430 0 72917 106447 86835 X 279754 263214 263444 50000 543198 313214 649645 400049 X -157067 -72917 X X 1 X 0 1 0 X 199799 434572 267550 37218 9520 948659 199799 434572 267550 37218 9520 948659 568968 379691 195114 152031 156943 134049 484 638621 1587280 1338294 0.23920 0.32610 X THE ORGANIZATION IS IN THE PROCESS OF DISSOLUTION AS OF 6/30/2013; THEREFORE, IT HAD LESS FUNDRAISING EFFORTS DURING THE YEAR. HOWEVER, DURING FISCAL YEAR 2013 AND 2012, THE ORGANIZATION MAINTAINED CONTINUOUS AND BONA FIDE PROGRAMS FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY, AND OTHER PUBLIC CHARITIES. ITS MAJOR SOURCES OF INCOME INCLUDE TUITION FEES FOR WORKSHOPS, CONTRIBUTIONS AND FEES TO USE THE FACILITY FROM PRIVATE AND NON-PROFIT GROUPS. THE ORGANIZATION'S BOARD REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, AND THE ORGANIZATION PROVIDES FACILITIES AND SERVICES DIRECTLY FOR THE BENEFIT OF THE PUBLIC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 229512 229512 0 0 DUE TO FUNDER 72917 72917 X 269407 36750 36750 232657 0 232657 499391 36750 72917 109667 389724 0 389724 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE AGENCY FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE AGENCY TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS COMBINING FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2013, THE AGENCY DETERMINED THAT THEY HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE AGENCY FILES INFORMATION RETURNS IN THE UNITED STATES FEDERAL AND MASSACHUSETTS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE THREE YEARS FROM THE DATE FILED. PART XII, LINE 2D - OTHER ADJUSTMENTS: RETURN OF GRANT TO FUNDER RETURN OF GRANT TO FUNDER IS A EXPENSE RECONCILING ITEM BETWEEN 990 AND FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS REVIEWED IN EXTENSIVE DETAIL BY THE FINANCE COMMITTEE. SUBSEQUENTLY, FORM 990 IS SENT TO THE BOARD FOR REVIEW AND VOTE. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS RE-SIGNED EVERY TWO YEARS FOR CONTINUING BOARD MEMBERS. NEW BOARD MEMBERS SIGN WHEN JOINING THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR SETTING SALARY AND COMPENSATION LEVELS FOR SPRINGSTEP'S EXECUTIVE DIRECTOR IS DETERMINED BY THE PERSONNEL COMMITTEE OF THE BOARD. THE PROCESS INCLUDES A SALARY SURVEY OF COMPARABLE BOSTON AREA ARTS AND NON-PROFIT ORGANIZATIONS AS WELL AS REFERENCE TO NATIONAL SALARY STUDIES. THE INFORMATION IS COMPILED BY AN INDEPENDENT CONSULTANT AND REVIEWED BY THE PERSONNEL COMMITTEE AND THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE AT OFFICE. WHISTLEBLOWER, CONFLICT OF INTEREST NOT AVAILABLE TO PUBLIC. OTHER FEES FORM 990, PART IX, LINE 11G INTERIM EXECUTIVE DIRECTOR CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,924. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,924. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: RETURN OF GRANT TO FUNDER -72,917. FORM 990, PART XII LINE 2C THE PROCESS FOR OVERSIGHT OF THE REVIEW PROCESS AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED SINCE THE PRIOR FISCAL YEAR. ADDITIONAL NOTE: DURING FISCAL YEAR 2013, SPRINGSTEP AND THE RELATED SPRINGSTEP FOUNDATION WOUND DOWN THEIR OPERATIONS. AS OF JANUARY, 2013, SPRINGSTEP NO LONGER SPONSORED PROGRAMS OR CLASSES. THE FACILITY WAS AVAILABLE FOR RENT TO NONPROFIT GROUPS AND FOR PRIVATE SPECIAL EVENTS. THE FACILITY OWNED BY THE FOUNDATION AND USED BY SPRINGSTEP WAS SOLD IN SEPTEMBER, 2013. AFTER THIS SALE, SPRINGSTEP AND THE FOUNDATION BEGAN THE DISSOLUTION PROCESS WITH THE COMMONWEALTH OF MASSACHUSETTS' ATTORNEY GENERAL'S OFFICE, WHICH IS EXPECTED TO BE COMPLETED IN FISCAL YEAR 2014. THE REMAINING FUNDS OF SPRINGSTEP AND THE FOUNDATION WILL BE TRANSFERRED TO OTHER NON-FOR-PROFIT ORGANIZATIONS UPON DISSOLUTION. SPRINGSTEP ANTICIPATES THAT IT WILL FILE A FINAL FORM 990 IN FISCAL YEAR 2014. SPRINGSTEP FOUNDATION INC 29 EDITH ROAD FRAMINGHAM MA 01701 043506220 TO PROVIDE A FACILITY FOR AND TO SUPPORT THE OPERATIONS OF SPRINGSTEP, INC. MA 501(C)(3) 501(A)(1) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 SPRINGSTEP FOUNDATIONINC K 1 DETERMINED BY LEASE AGREEMENT