2014-11-13T09:50:38-08:00 2013-12-31 Adeptus Partners LLC 6 EAST 45TH STREET 10TH FLOOR NEW YORK NY 10017 990 2013-01-01 133932909 CAVE CANEM FOUNDATION INC CAVE 7188580000 20 JAY STREET BROOKLYN NY 11201 ALISON MEYERS Executive Director 2014-11-03 true Howard S Krant P00095649 2127588050 2013 2015-11-30 17:44:51Z 415598 false false X WWW.CAVECANEMPOETS.ORG X 1997 NY TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. 12 12 4 30 0 340476 210721 30070 26435 140000 7156 3442 377702 380598 0 0 160080 166387 0 30965 228880 193268 388960 359655 -11258 20943 297357 327289 31988 40977 265369 286312 X TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY. false false 106575 1020 ALL OTHER ACCOMPLISHMENTSCAVE CANEM POETRY PRIZE - $19,666AWP - $10,578FELLOWSHIP SERVICES - $15,590MARKETING - $37,741RETAIL - $5,309GALLERY - $8,069LEGACY CONVERSATIONS - $1,287RESIDENCIES - $8,335 100606 24558 RETREAT - OUR MFA-QUALITY, WEEK-LONG WRITING RESIDENCY FOR 54 ADULT AFRICAN AMERICAN POETS IS HELD ANNUALLY AT THE UNIVERSITY OF PITTSBURGH AT GREENSBURG, PENNSYLVANIA. RETREAT RESIDENCIES OFFER AN UNPARALLELED OPPORTUNITY TO STUDY WITH A WORLD-CLASS FACULTY AND JOIN A COMMUNITY OF PEERS. 33481 NATIONAL READINGS - YEAR-ROUND PUBLIC READINGS, PANELS, AND TALKS ON CRAFT AND LEGACY, PRIMARILY BY AFRICAN AMERICAN POETS AND POETS OF COLOR. 33341 857 274003 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 22 0 false 4 true false false false false false false false false 0 false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true false true true false X CAVE CANEM FOUNDATION INC 7188580000 20 JAY STREET SUITE 310-A BROOKLYN NY 11201 TOI DERRICOTTE President 2.00 0.00 X X 4500 0 0 CORNELIUS EADY Vice President 2.00 0.00 X X 4800 0 0 HENRY REESE Treasurer 1.00 0.00 X X 0 0 0 ROBIN SEMPLE Secretary 0.25 0.00 X X 0 0 0 MARIE BROWN Director 0.50 0.00 X 0 0 0 FARAH GRIFFIN Director 0.25 0.00 X 0 0 0 TERRANCE HAYES Director 0.25 0.00 X 3100 0 0 PARNESHIA JONES Director 0.25 0.00 X 0 0 0 JACQUELINE JONES LAMON Director 1.00 0.00 X 0 0 0 JULIET LEWIS Director 0.25 0.00 X 0 0 0 ALISON MEYERS Executive Dir. 50.00 0.00 X X 68549 0 0 METTA SAMA Director 0.00 0.00 X 0 0 0 ROBERT POLITO DIRECTOR 0.25 0.00 X 0 0 0 80949 0 true false false 0 48132 162589 210721 PROGRAM FEES 26435 26435 26435 0 0 0 0 175000 35000 140000 140000 140000 0 0 0 RETAIL SALES 3442 3442 3442 380598 169877 X 0 0 0 0 73500 50082 12302 11116 0 60922 52836 8086 0 21304 10972 5315 5017 10661 4855 4002 1804 0 0 3050 3050 0 0 0 52236 46543 5543 150 18100 18000 100 6338 4619 965 754 3518 3259 95 164 0 68759 53121 7819 7819 13874 13232 388 254 0 0 1267 1267 0 0 8711 4029 3688 994 MEALS & CATERING 4874 4158 689 27 EQUIPMENT RENTAL & MAINTENANCE 3150 3150 Printing and Publications 2886 2477 50 359 BANK CHARGES 2123 953 708 462 4382 1717 620 2045 359655 274003 54687 30965 6404 117428 0 280549 199975 766 248 0 0 0 0 0 10099 10099 0 0 0 0 0 9638 9638 297357 327289 31988 40977 31988 40977 X -70357 63096 335726 223216 265369 286312 297357 327289 20943 X false true X true false X 298529 401897 279707 340476 210721 1531330 17523 22644 32310 37226 169877 279580 0 0 0 316052 424541 312017 377702 380598 1810910 231335 245719 241156 1530 719740 0 231335 245719 241156 1530 719740 1091170 12 1 51 64 0 12 1 51 64 0 0 316064 424542 312068 377702 380598 1810974 0.60250 0.51210 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10099 10099 X 424157 43559 43559 380598 380598 403214 43559 43559 359655 359655 Part X : FIN48 Footnote CAVE CANEM'S CURRENT ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR IS IT AWARE OF ANY EXPOSURE TO UNREALTED BUSINESS INCOME TAX. false false false false false false false false false false Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: ALL OTHER ACCOMPLISHMENTSCAVE CANEM POETRY PRIZE - $19,666AWP - $10,578FELLOWSHIP SERVICES - $15,590MARKETING - $37,741RETAIL - $5,309GALLERY - $8,069LEGACY CONVERSATIONS - $1,287RESIDENCIES - $8,335 Form 990, Part VI, Line 11b: Form 990 Review Process THE BOARD TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 AND REPORT TO THE BOARD. THE BOARD RECEIVES A COPY OF THE FORM 990 BEFORE IT IS SUBMITTED FOR FILING. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts CAVE CANEM REQUIRES ITS BOARD MEMBERS TO CONDUCT BUSINESS ACCORDING TO THE HIGHEST ETHICAL STANDARDS. BUSINESS DEALINGS THAT APPEAR TO CREATE A CONFLICT BETWEEN THE INTERESTS OF CAVE CANEM AND A BOARD MEMBER ARE UNACCEPTABLE. BOARD MEMBERS MUST DISCLOSE ANY POSSIBLE CONFLICTS TO THE EXECUTIVE COMMITTEE OF THE BOARD SO THAT THE COMMITTEE MAY ASSESS AND PREVENT POTENTIAL CONFLICTS OF INTEREST FROM ARISING. IF CONFLICTS OF INTEREST ARE DETERMINED TO EXIST, BOARD MEMBERS WITH SUCH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARE BARRED FROM PARTICIPATING IN DELIBERATIONS AND/OR VOTING WITH RESPECT TO AFFECTED TRANSACTIONS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE EXECUTIVE COMMITTEE SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. THE EXECUTIVE COMMITTEE BRINGS THE COMPENSATION ARRANGEMENT TO THE FULL BOARD OF DIRECTORS FOR FINAL APPROVAL UPON RECOMMENDATION BY THE EXECUTIVE COMMITTEE, VIA A DETAILED ANNUAL BUDGET. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees EXECUTIVE DIRECTOR PRESENTS A SALARY RANGE TO THE EXECUTIVE COMMITTEE, AND CONFERRING WITH THE HUMAN RESOURCES COMMITTEE CHAIR, SETS COMPENSATION BASED ON BUDGET, INDUSTRY STANDARDS AND EXPERIENCE OF THE EMPLOYEE. COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE BUDGET RATIFICATION PROCESS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available CAVE CANEM FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON DEMAND.