2014-11-14T09:13:48-06:00 2013-12-31 270851983 SPONSEL CPA GROUP LLC 251 N ILLINOIS ST STE 450 INDIANAPOLIS IN 46204 990 2013-01-01 205045345 PROJECT HOME INDY CO PROJ 3179250980 32 EAST 32ND STREET INDIANAPOLIS IN 46205 LAKSHMI HASANADKA EXECUTIVE DIRECTOR 3179250980 2014-11-12 1 THOMAS J SPONSEL CPAABV CFF P00984564 3176086699 2013 2015-11-30 17:44:51Z LAKSHMI HASANADKA 32 EAST 32ND STREET INDIANAPOLIS IN 46205 394990 0 X WWW.PROJECTHOMEINDY.ORG X 2006 IN TO PROVIDE A NURTURING RESIDENCE FOR HOMELESS TEENAGE GIRLS WHO ARE PREGNANT OR PARENTING. 15 15 26 50 0 0 162927 241046 64670 129018 186 149 20138 16702 247921 386915 0 0 0 0 218385 248704 0 0 11935 64263 101737 282648 350441 -34727 36474 280783 300489 7116 11348 273667 289141 X PROJECT HOME INDY, CO. (PHI) PROVIDES A NURTURING RESIDENTIAL ENVIRONMENT TO TEENAGE WOMEN WHO ARE PREGNANT OR PARENTING AND HAVE BEEN SUBJECTED TO UNSTABLE LIVING CONDITIONS. LOCATED IN INDIANAPOLIS, PHI IS COMMITTED TO USING A HOLISTIC (CONT'D ON SCH O) AND CULTURALLY SENSITIVE APPROACH TO OFFER PROGRAMS AND ACTIVITIES IN AREAS OF LIFE SKILLS, EDUCATION, AND HEALTHCARE. PROGRAMS ARE OFFERED INTERNALLY OR THROUGH COMMUNITY PARTNERSHIPS IN ORDER TO PROMOTE SELF-SUFFICIENCY OF THEIR RESIDENTS.PROJECT HOME INDY HAS THE FOLLOWING CORE GOALS: - INCREASE COMPLETION OF HIGH SCHOOL OR GED - INCREASE ENROLLMENT IN TECHNICAL/POST-SECORDARY EDUCATION - INCREASE EMPLOYABILITY AND EMPLOYMENT OPPORTUNITIES - INCREASE HEALTHY PARENTING AND LIFE SKILLS - INCREASE ACCESS TO PEDIATRIC AND MATERNAL HEALTH CARE - PREVENT REPEAT TEEN PREGNACNCY - TRANSITION SUCCESSFULLY TO INDEPENDENT LIVING - DECREASE DEPENDENCY ON PUBLIC ASSISTANCE PROGRAMS 0 0 264076 129018 PROJECT HOME INDY SUPPORTS TEEN MOTHER'S NEED FOR A SAFE AND HEALTHY ENVIRONMENT TO ENCOURAGE INDIVIDUAL AND FAMILY SUCCESS. UNLIKE THE MORE COMMON MATERNITY HOME MODEL, PROJECT HOME INDY PROVIDES A LONG-TERM RESIDENTIAL ENVIRONMENT WHERE PROGRAM OPPORTUNITIES ARE STRUCTURED BASED ON A PERSON-CENTERED CASE MANAGEMENT FRAMEWORK. PROJECT HOME INDY'S PROGRAM AIMS TO BREAK THE CYCLE OF POVERTY. IN ADDITION TO EXTENDED-STAY RESIDENTIAL SERVICES IN A SAFE, STRUCTURED AND SUPPORTIVE ENVIRONMENT, PROJECT HOME INDY OFFERS EACH TEEN A COMPREHENSIVE ASSESSMENT DESIGNED TO DETERMINE THE APPOPRIATE TYPE AND INTENSITY OF SERVICES NEEDED FOR HER. 264076 1 1 0 0 0 0 0 0 0 0 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 4 0 26 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 IN X FOSTER RESULTS LLC 3179250980 32 EAST 32ND STREET INDIANAPOLIS IN 46205 TRACY FUNK PHD PRESIDENT 3.00 X X 0 0 0 KRISTEN MORELAND TREASURER 8.00 X X 0 0 0 CINDY COLLIER DIRECTOR 5.00 X 0 0 0 CHRISTINA KOENNECKE DIRECTOR 3.00 X 0 0 0 FRED BIESECKER JD DIRECTOR 1.00 X 0 0 0 LAKSHMI HASANADKA JD DIRECTOR 3.00 X 0 0 0 HARRY MCFARLAND VICE PRESIDENT 1.00 X X 0 0 0 STEPHANIE ECKERLE JD ASST. TREASURER 3.00 X 0 0 0 KERI RUPP SECRETARY 2.00 X X 0 0 0 MARY JANE GLASPY DIRECTOR 1.00 X 0 0 0 JOHN BARTH DIRECTOR 1.00 X 0 0 0 SHANNON VAN DEMAN DIRECTOR 1.00 X 0 0 0 JAN KEMPF DIRECTOR 3.00 X 0 0 0 CAROLINE GLEASON DUTKANYCH DIRECTOR 3.00 X 0 0 0 CHRIS COTTERILL JD DIRECTOR 1.00 X 0 0 0 SARAH NIELSEN EXECUTIVE DIRECTOR 40.00 X 51650 0 12972 51650 0 12972 0 0 0 0 0 20000 25289 195757 241046 RESIDENT PLACEMENT REI 624100 129018 129018 129018 149 149 24777 25289 8075 16702 16702 386915 129018 0 16851 64622 31565 22038 11019 165000 165000 887 759 85 43 18195 15576 1746 873 14758 14758 13940 13940 470 470 9629 1848 7781 5365 3756 1609 2535 2535 9889 6922 2967 10225 7158 3067 RESIDENT SERVICES 26594 26594 TRAINING AND HIRING EXP 4956 4956 REPAIRS AND MAINTENANCE 3376 2363 1013 350441 264076 74430 11935 22598 53580 8434 28234 12661 4000 20846 31677 167653 144296 55803 17101 48591 38702 0 0 280783 300489 7116 11348 7116 11348 X 106769 72971 166898 216170 273667 289141 280783 300489 X 36474 -21000 0 X X 0 1 X 1 0 X 70641 123455 177158 162927 215757 749938 70641 123455 177158 162927 215757 749938 35127 714811 243 187 168 186 149 933 750871 263405 0.95200 0.95490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13250 5968 7282 42553 11133 31420 38702 X 404490 9500 9500 394990 -8075 -8075 386915 389016 30500 8075 38575 350441 0 350441 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY PHI AND RECOGNIZE A TAX LIABILITY IF PHI HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY PHI, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2013 AND 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PHI IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. NO INTEREST OR PENALTIES WERE INCURRED AS OF DECEMBER 31, 2013 AND 2012. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED WITH FUNDRAISING INCOME -8,075. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NETTED WITH FUNDRAISING INCOME 8,075. MOTHER'S DAY TEA 37577 12800 24777 2475 5109 37577 12800 24777 2475 5109 7584 17193 FORM 990, PART VI, SECTION B, LINE 11 INFORMATION USED TO PREPARE THE FORM 990 IS COMPILED BY THE EXECUTIVE DIRECTOR AND TREASURER OF THE ORGANIZATION. IT IS REVIEWED BY THE FINANCE AND EXECUTIVE COMMITTEES FOR COMPLETENESS AND ACCURACY. A COPY OF THE FORM IS SENT TO ALL MEMBERS OF THE BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR RESEARCHING COMPENSATION FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. BASED ON THEIR FINDINGS, A FAIR AND REASONABLE COMPENSATION PACKAGE IS DEVELOPED. THE COMPENSATION PACKAGE IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE WHO IS RESPONSIBLE FOR OVERSEEING THE ANNUAL AUDIT OF ITS FINANCIAL STATEMENTS. THEY ARE RESPONSIBLE FOR THE FOLLOWING: - RECOMMEND THE EXTERNAL AUDITING FIRM FOR APPOINTMENT BY THE BOARD OF DIRECTORS. - REVIEW AND APPROVE ANNUAL AUDIT SCOPE AND FEES OF THE EXTERNAL AUDITING FIRM. - REVIEW AND APPROVE THE SCOPE OF OTHER PROFESSIONAL SERVICES PERFORMED (OR TO BE PERFORMED) BY ANY INDEPENDENT PUBLIC ACCOUNTANT AS WELL AS RELATED FEES. - REVIEW THE ANNUAL FINANCIAL AUDIT AND IRS FORM 990 AND MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS ABOUT THEIR ACCEPTANCE. AS PART OF THE ANNUAL AUDIT REVIEW, THE COMMITTEE WILL OBTAIN AN OPINION FROM THE AUDITORS AS TO ADEQUACY OF INTERNAL CONTROLS. FORM 990, PART XI, LINE 6 FOR FINANCIAL STATEMENT PURPOSES, IN-KIND RENT INCOME OF $210,000 REPRESENTING A 10-YEAR LEASE WAS RECORDED IN 2010, WHICH WAS THE YEAR IN WHICH THE CONTRIBUTION WAS IDENTIFIED IN ACCORDANCE WITH US GAAP. HOWEVER, THE IN-KIND RENT EXPENSE IS ALLOCATED OVER THE LIFE OF THE LEASE AT AN ANNUAL RATE OF $21,000. ACCORDINGLY, THERE IS A TIMING DIFFERENCE OF $164,500 AND $143,500 FOR 2012 AND 2013, RESPECTIVELY, WHICH REPRESENTS RECOGNIZED IN-KIND REVENUE IN EXCESS OF RECOGNIZED IN-KIND RENT EXPENSE. THIS DEFERRED RENT ADJUSTMENT WAS RECORDED ON THE FORM 990 AS A RECONCILING CHANGE TO NET ASSETS SINCE THE FORM 990 EXCLUDES BOTH IN-KIND INCOME AND EXPENSE FROM THE STATEMENTS OF REVENUE AND FUNCTIONAL EXPENSES. IN 2013, THE IN-KIND RENT EXPENSE HAS BEEN RECORDED AS A DECREASE IN NET ASSETS OF $21,000.