2014-11-17T11:26:08-06:00 2013-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 529 FIFTH AVENUE NEW YORK NY 100174683 990 2013-01-01 061671668 ISLANDERS CHILDREN'S FOUNDATION INC C/O NEW YORK ISLANDERS HOCKEY CLUB LP ISLA 5169352213 1255 HEMPSTEAD TURNPIKE UNIONDALE NY 11553 ARTHUR J MCCARTHY TREASURER 5169352213 2014-11-12 1 ERIC ALBERT P00536007 2126971000 2014-11-12 2013 2015-11-30 17:44:51Z 1255 HEMPSTEAD TURNPIKE UNIONDALE NY 11553 1157594 0 X N/A X 2003 NY THE ISLANDERS CHILDREN'S FOUNDATION IS DEDICATED TO WORKING WITH ORGANIZATIONS THAT PROVIDE OPPORTUNITIES TO CHILDREN, FOCUSING ON THE AREAS OF HEALTH, EDUCATION, AND YOUTH HOCKEY DEVELOPMENT. 4 4 0 129 0 0 131916 939748 0 0 238 87 670021 40968 802175 980803 643133 632164 0 0 0 0 0 0 0 70534 78455 713667 710619 88508 270184 98689 293854 99046 24027 -357 269827 X THE ISLANDERS CHILDREN'S FOUNDATION IS DEDICATED TO WORKING WITH ORGANIZATIONS THAT PROVIDE OPPORTUNITIES TO CHILDREN, FOCUSING ON THE AREAS OF HEALTH, EDUCATION, AND YOUTH HOCKEY DEVELOPMENT. 0 0 339515 339515 859614 SPORTS, RECREATIONAL, AND MUSIC OPPORTUNITIES FOR CHILDREN. THE ISLANDERS CHILDREN'S FOUNDATION SUPPORTS MANY SPORTS, MUSICAL, AND RECREATIONAL PROGRAMS BENEFITTING CHILDREN. THE ACITIVITES CONSIST OF DIRECT FINANCIAL SUPPORT TO OTHER RECOGNIZED CHARITIES THAT FOCUS ON CHILDREN. THE ORGANIZATION ALSO DIRECTLY PROVIDES SPORTS AND RECREATIONAL OPPORTUNITIES AND EQUIPMENT TO UNDERPRIVILEGED CHILDREN IN THE COMMUNITY. 244933 244933 150000 YOUTH HOCKEY. THE ORGANIZATION SUPPORTS OPPORTUNITIES FOR CHILDREN TO PARTICIPATE IN THE SPORT OF HOCKEY. THE ORGANIZTION'S EFFORTS FOCUS ON INSTRUCTION, SPORTSMANSHIP, AND CULTURAL EXCHANGES THROUGH INTERNATIONAL PROGRAMS. 47716 47716 17115 HEALTH RELATED ISSUES FOR CHILDREN. THE ORGANIZATION PROVIDES SUPPORT TO VARIOUS RECOGNIZED CHARITIES THAT ARE INVOLVED IN HEALTH ISSUES THAT AFFECT CHILDREN. SPORTS, RECREATIONAL, AND MUSIC OPPORTUNITIES FOR CHILDREN. THE ISLANDERS CHILDREN'S FOUNDATION SUPPORTS MANY SPORTS, MUSICAL, AND RECREATIONAL PROGRAMS BENEFITTING CHILDREN. THE ACITIVITES CONSIST OF DIRECT FINANCIAL SUPPORT TO OTHER RECOGNIZED CHARITIES THAT FOCUS ON CHILDREN. THE ORGANIZATION ALSO DIRECTLY PROVIDES SPORTS AND RECREATIONAL OPPORTUNITIES AND EQUIPMENT TO UNDERPRIVILEGED CHILDREN IN THE COMMUNITY. HEALTH RELATED ISSUES FOR CHILDREN. THE ORGANIZATION PROVIDES SUPPORT TO VARIOUS RECOGNIZED CHARITIES THAT ARE INVOLVED IN HEALTH ISSUES THAT AFFECT CHILDREN. YOUTH HOCKEY. THE ORGANIZATION SUPPORTS OPPORTUNITIES FOR CHILDREN TO PARTICIPATE IN THE SPORT OF HOCKEY. THE ORGANIZTION'S EFFORTS FOCUS ON INSTRUCTION, SPORTSMANSHIP, AND CULTURAL EXCHANGES THROUGH INTERNATIONAL PROGRAMS. 632164 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 0 NY X X ARTHUR MCCARTHY 5162496565 1255 HEMPSTEAD TURNPIKE UNIONDALE NY 11553 X KIMBERLY DEY DIRECTOR/PRES 1.00 X X 0 0 0 CHRIS DEY VICE PRESIDENT 1.00 X X 0 0 0 ARTHUR J MCCARTHY TREASURER 1.00 X X 0 0 0 ROY E REICHBACH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 544962 394786 939748 87 87 217759 544962 176791 40968 40968 980803 0 0 41055 132346 132346 230032 230032 269786 269786 20000 20000 36300 36300 MISCELLANEOUS 18814 18814 BANK FEES 3167 3167 PRINTING 174 174 710619 632164 78455 0 98689 293854 98689 293854 99046 24027 99046 24027 X 0 0 0 0 -357 269827 -357 269827 98689 293854 270184 0 X X 0 0 0 X 94194 267732 194651 131916 544786 1233279 977878 1014285 748465 783941 612721 4137290 1072072 1282017 943116 915857 1157507 5370569 0 0 0 5370569 138 147 265 238 87 875 138 147 265 238 87 875 1072210 1282164 943381 916095 1157594 5371444 0.99980 0.89110 0.00020 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 842819 235780 235780 607039 373764 373764 980803 572706 245515 245515 327191 383428 383428 710619 PART X, LINE 2: THE FOUNDATION IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM NEW YORK STATE INCOME TAXES AND IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2010. THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE FOUNDATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACCOUNTS RECEIVABLE - 2013 15,468. DEFERRED REVENUE - 2012 43,521. DIRECT FUNDRAISING COSTS 176,791. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCOUNTS RECEIVABLE - 2012 27,606. DEFERRED REVENUE - 2013 4,450. DIRECT FUNDRAISING COSTS PER FINANCIAL STATEMENTS 341,708. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCOUNTS PAYABLE AND ACCRUED EXPENSES - 2013 68,724. DIRECT FUNDRAISING COSTS 176,791. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACCOUNTS PAYABLE AND ACCRUED EXPENSES - 2012 41,720. DIRECT FUNDRAISING COSTS PER FINANCIAL STATEMENTS 341,708. 0 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES YOUTH HOCKEY 244933 NORTH AMERICA (CANADA) 0 0 PROGRAM SERVICES ALLOWS ILL CHILDREN TO EXPERIENCE A LIVE HOCKEY GAME 24853 0 0 0 0 0 0 269786 0 269786 EAST ASIA AND THE PACIFIC YOUTH HOCKEY 244933 WIRE TRANSFERS, CHECKS NORTH AMERICA (CANADA) ALLOWS ILL CHILDREN TO EXPERIENCE A LIVE HOCKEY GAME 24853 WIRE TRANSFERS, CHECKS 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION CONTINUALLY MONITORS THE USE OF THE GRANT FUNDS. THE ORGANIZATION REQUIRES QUARTERLY BUDGETS. AT THE END OF A QUARTER, PRIOR TO FUNDING THE NEXT QUARTER, THE ORGANIZATION REVIEWS THE QUARTERLY EXPENDITURES. THEN THE NEXT QUARTERLY BUDGET IS FINALIZED. THERE ARE SITE VISITS TO MONITOR ACTIVITIES AND VIEW EXPENDITURES. PROJECT HOPE 150000 150000 GOLF OUTING 222792 138565 84227 40000 49032 13 389929 256397 133532 87759 762721 544962 217759 40000 136791 176791 40968 1 THE ANTI DEFAMATION LEAGUE 605 3RD AVENUE NEW YORK NY 10158 131818723 501(C)(3) 25000 TO BUILD BRIDGES OF COMMUNICATION, UNDERSTANDING AND RESPECT AMONG DIVERSE RACIAL, RELIGIOUS AND ETHNIC GROUPS. TOMORROW'S HOPE FOUNDATION PO BOX 9023 ROCKVILLE CENTER NY 11571 203514578 501(C)(3) 50000 TO ENSURE EXCELLENCE BY INCREASING AWARENESS AND BY PROVIDING SCHOLARSHIP AND PROGRAM FUNDING FOR THE NEEDS OF STUDENTS AND SCHOOLS. SANDY HOOK PROMISE PO BOX 3489 NEWTON NY 06470 461657101 501(C)(3) 20842 TO RAISE AWARENESS AND EDUCATE AMERICANS ON THE CAUSES OF GUN VIOLENCE. CITY IN THE PARKS FOUNDATION 830 5TH AVENUE ROOM 280 NEW YORK NY 10065 133561657 501(C)(3) 25000 TO ENRICH AND CONNECT NEW YORKERS THROUGH FREE AND ACCESSIBLE ARTS, SPORTS, EDUCATION AND COMMUNITY-BUILDING INITIATIVES. SPORTS AND RECREATIONAL OPPORTUNITIES FOR CHILDREN 2640 220634 TOYS FOR HOSPITALIZED CHILDREN 9398 PURCHASE PRICE THE ORGANIZATION DONATED APPROXIMATELY 650 TOYS DURING HOSPITAL VISITS. SCHEDULE I, PART III: THE NUMBER OF RECIPIENTS IS AN ACTUAL AMOUNT FROM THE ORGANIZATION'S RECORDS. THE CASH WAS EXPENDED FOR HEALTH CARE RELATED MATTERS NEW YORK ISLANDERS HOCKEY CLUB LP BUSINESS ORGANIZATION THAT IS RELATED TO THE DIRECTORS OF THIS ORGANIZATION TO PROVDE CASH FLOW ON A SHORT TERM BASIS X 99046 24027 0 0 0 24027 FORM 990, PART VI, SECTION A, LINE 2 LINE 2 EXPLANATION - KIMBERLY DEY AND CHRIS DEY ARE WIFE AND HUSBAND FORM 990, PART VI, SECTION A, LINE 8A THE BOARD DOES MAINTAIN WRITTEN DOCUMENTATION FOR CERTAIN ACTIONS UNDERTAKEN DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD DOES MAINTAIN WRITTEN DOCUMENTATION FOR CERTAIN ACTIONS UNDERTAKEN BY CERTAIN COMMITTEES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - THE RETURN IS REVIEWED BY ONE OR MORE OF THE DIRECTORS PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS MEET PERIODICALLY TO REVIEW AND DISCUSS POTENTIAL ISSUES. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PAGE 12, PART XII, QUESTION 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SCHEDULE G, PAGE 2, PART II, LINE 1(C) & (D) GROSS REVENUE: GOLF OUTING - $147,420 HOCKEY ACADEMY - $5,670 CHUCK A PUCK - $19,346 JUNIOR ISLANDERS - $19,655 BOSSY'S BRUNCH - $44,797 AUCTION - $63,396 ISLANDER INSPIRE - $12,600 INTERNATIONAL LIGHTHOUSE TOURNAMENT - $96,369 OTHER ACTIVITIES - $76,577 TOTAL GROSS REVENUE - $485,830 DIRECT EXPENSES: GOLF OUT - $77,977 CASINO NIGHT - $24,983 HOCKEY ACADEMY - $2,184 CHUCK A. PUCK - $8,776 TOTAL DIRECT EXPENSES - $113,920