2014-02-19T11:02:33-06:00 2013-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2012-07-01 136533158 ASPHALT GREEN INC % JASON CAMPORESE ASPH 6469812237 555 EAST 90TH STREET Suite NEW YORK NY 10128 CAROL TWEEDY 2128914109 2014-02-10 true JULIE FLOCH 2129498700 2012 2015-11-30 17:44:51Z CAROL TWEEDY 55 EAST 90TH STREET NEW YORK NY 10128 24270812 false X www.asphaltgreen.org X 1975 NY ASPHALT GREEN, INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. 18 16 622 100 117275 -401 2345181 3624399 16184284 16829933 907686 906369 0 248004 19437151 21608705 0 0 0 0 12238761 13071569 0 0 625041 7938026 8726076 20176787 21797645 -739636 -188940 34762531 35737841 6815377 7588354 27947154 28149487 X ASPHALT GREEN, INC. IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING INDIVIDUALS OF ALL AGES AND BACKGROUNDS TO ACHIEVE HEALTH THROUGH A LIFETIME OF SPORTS AND FITNESS. ASPHALT GREEN HAS TWO CAMPUSES: ONE ON THE UPPER EAST SIDE ("AG") AND THE OTHER IN BATTERY PARK CITY ("AGBPC"). THE AG CAMPUS INCLUDES THE GEORGE AND ANNETTE MURPHY CENTER; THE AQUA CENTER (WHICH HOUSES NEW YORK CITY'S FIRST INDOOR, OLYMPIC-SIZED POOL OPEN TO THE COMMUNITY AT LARGE); A SUPERTURF PLAYING FIELD; DEKOVATS PARK; AND SUNDIAL PLAZA. FORMED IN 1972 IN NEW YORK CITY, ASPHALT GREEN CONVERTED AN ABANDONED MINICIPAL ASPHALT PLANT INTO A SPORTS AND ARTS CENTER WITH TWO GYMNASIUMS; BASKETBALL COURTS; AND AN INDOOR RUNNING TRACK. PROGRAMS FOR YOUNG PEOPLE ARE DESIGNED TO CHALLENGE THE INTELLECTUAL, CREATIVE AND PHYSICAL ABILITIES OF THE PARTICIPANTS. THE CITY OF NEW YORK RETAINS OWNERSHIP OF THE AG CAMPUS AND ASPHALT GREEN IS RESPONSIBLE FOR EQUIPPING, OPERATING AND MAINTAINING THE FACILITIES. THE AGBPC COMMUN false false 4786755 3821944 FACILITIES USAGE - INCLUDES USAGE OF POOL AND FITNESS CENTER. BENEFITED APPROXIMATELY 5,415 PEOPLE PER YEAR. 9285726 11220537 PROGRAMS - INCLUDES AQUATICS, EXERCISE PROGRAMS, GYMNASTICS, SPORTS, MARTIAL ARTS, AND CAMPS. BENEFITED APPROXIMATELY 26,127 PEOPLE PER YEAR. 1909002 FREE COMMUNITY PROGRAMS & USAGE - INCLUDES USAGE OF POOL, FIELD, GYM, THEATRE, SPORTS, AQUATICS AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 23,970 PEOPLE PER YEAR. 1670315 1787452 17651798 true true false true false false false false false true true false false false true true true false false false false false false false true false false false false true false false false false false false false true true false false false false false false false false true 37 0 true 622 true true true false false false false true true false false false false X 18 16 true false false false false false false true true false false true true true true true true true false false NY X JASON CAMPORESE 6469812237 555 EAST 90TH STREET NEW YORK NY 10128 ANDREW J NUSSBAUM 2.0 X X 0 0 0 ANNE DONOVAN BODNAR 2.0 X X 0 0 0 THOMAS NEWMAN 2.0 X X 0 0 0 PATRICIA SAUNDERS 2.0 X X 0 0 0 CAROLINE HRIBAR 2.0 X 0 0 0 BIPPY M SIEGAL 2.0 X 0 0 0 PETER S BRITELL 2.0 X 0 0 0 STEWART B CLIFFORD 2.0 X 0 0 0 WILLIAM S EAKINS 2.0 X 0 0 0 KIRSTEN J FELDMAN 2.0 X 0 0 0 DINO FUSCO 2.0 X 0 0 0 ROWDY GAINES 2.0 X 0 0 0 SAMUEL J JEMAL 2.0 X 0 0 0 DAMON PAZZAGLINI 2.0 X 0 0 0 SCOTT RODEO 2.0 X 0 0 0 ALBERT L ZESIGER 2.0 X 0 0 0 BARRIE ZESIGER 2.0 X 0 0 0 ELIZABETH ZUPPONE 2.0 X 0 0 0 CAROL TWEEDY 40.0 X 273446 0 61553 JEFFREY DORN 40.0 X 179540 0 34718 PAUL WEISS 40.0 X 168953 0 18136 MAURA GREANEY 40.0 X 136579 0 16757 THOMAS O'CONNOR 40.0 X 116427 0 25437 REGINA YOA-REESE 40.0 X 108380 0 5560 MITCHELL GLENN 40.0 X 133888 0 30663 1117213 0 192824 7 false true false ELITE SERVICE GROUP 40 WEST 27TH STREET 12TH FLOOR NEW YORK NY 10001 CLEANING SERVICE 460112 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICE 101609 2 643156 228325 2752918 1284354 3624399 FACILITIES USAGE 713940 3821944 3821944 PROGRAMS 713940 11220537 11220537 FACILITIES RENTAL 713940 882671 765396 117275 ASPHALT GREEN BATTERY PARK CITY PRE-OPENING REV. 713940 904781 904781 16829933 122370 122370 0 0 0 0 0 3430308 2646309 783999 783999 783999 15798 643156 15798 0 0 0 INSURANCE PROCEEDS 900099 248004 248004 248004 21608705 16712658 117275 1154373 0 0 0 0 661262 271347 296595 93320 0 10291622 8761609 1337187 192826 377739 243504 124725 9510 996888 763155 199034 34699 744058 616536 108112 19410 0 89826 24107 65719 64000 24000 40000 41153 27161 13992 0 144208 144208 377264 146178 221313 9773 301516 256303 45213 1229311 1208802 11277 9232 243038 233316 4861 4861 0 609971 586011 11980 11980 251917 230601 17565 3751 0 24024 14785 9089 150 820 820 0 3405233 3269035 68099 68099 366699 333313 25692 7694 FOOD CATERING 167785 81589 86196 MAINTENANCE AND GROUNDS 563417 542267 11268 9882 BUILDING SUPPLIES 227137 218572 4542 4023 CREDIT CARD PROCESSING 317263 317263 301494 55910 245154 430 21797645 17651798 3520806 625041 X 3952439 4956577 3093304 2319126 1122313 489675 68813 71689 0 0 0 0 0 0 0 0 377661 523666 52673886 36036119 17887436 16637767 7662344 10067451 598221 671890 0 0 0 0 0 0 34762531 35737841 1060661 1423422 0 0 4663081 5438344 0 0 0 0 0 0 368229 0 0 0 723406 726588 6815377 7588354 X 21815165 21864239 3653926 4203562 2478063 2081686 27947154 28149487 34762531 35737841 -188940 391273 X false true X true false X 4146720 1698579 3642929 2345181 3624399 15457808 12234177 12602217 13579336 16184284 16829933 71429947 0 0 0 16380897 14300796 17222265 18529465 20454332 86887755 1486704 143071 414093 1060303 2367570 5471741 70241 91758 44746 20946 25979 253670 1556945 234829 458839 1081249 2393549 5725411 81162344 133250 86643 101546 89983 122370 533792 0 133250 86643 101546 89983 122370 533792 5192 3195 191 8578 102000 149424 248004 499428 16519339 14492634 17473426 18619448 20824706 87929553 0.92304 0.93787 0.00607 0.00790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 41153 false false 41153 false SCHEDULE C PART IIB FEES WERE PAID TO A CONSULTANT TO SECURE FUNDING FROM NEW YORK CITY FOR ASPHALT GREEN'S COMMUNITY PROGRAMS SUCH AS WATERPROOFING, COMMUNITY SPORTS LEAGUE, AND RECESS ENHANCEMENT PROGRAM, AS WELL AS CAPITAL PROJECTS SUCH AS AQUA CENTER AND MURPHY CENTER. THE CONSULTANT PROVIDES ADVISORY SERVICES AND SCHEDULES MEETINGS FOR THE EXECUTIVE DIRECTOR AND COUNCIL MEMBERS. 4288773 538276 484973 4342076 4997519 -494545 214201 4288773 2292538 2916351 211370 4997519 2217045 75493 2292538 2525712 -165353 143314 2217045 0.48000 0.52000 false false 38085743 27931763 10153980 12236375 7402058 4834317 2351768 702298 1649470 16637767 0 REFUNDABLE ADVANCE 500000 WORKING CAPITAL ADVANCE 215625 DEFERRED RENT LIABILITY 10963 726588 X 22048540 391273 48562 439835 21608705 21608705 21846207 48562 48562 21797645 21797645 PARTS V, #4 AND X, #2 PART V, #4 TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, #2 ASPHALT GREEN ADOPTED THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10-05 RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR ASPHALT GREEN, ASC 740-10-05 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME ("UBI") ATTRIBUTABLE TO THE RENTAL OF CERTAIN FACILITIES. ASC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ASPHALT GREEN'S FINANCIAL STATEMENTS. BIG SWIM BENEFI 623823 608025 15798 15798 AUCTION 35131 35131 0 658954 643156 15798 15798 15798 X false false false false false false false false false CAROL TWEEDY 256246 0 17200 0 0 0 51000 0 10553 0 334999 0 0 0 JEFFREY DORN 166340 0 13200 0 0 0 14285 0 20433 0 214258 0 0 0 PAUL WEISS 149753 0 19200 0 0 0 12180 0 5956 0 187089 0 0 0 MAURA GREANEY 133079 0 3500 0 0 0 6310 0 10447 0 153336 0 0 0 MITCHELL GLENN 130188 0 3700 0 0 0 7260 0 23403 0 164551 0 0 0 ALBERT L ZESIGER BOARD MEMBERS 144208 PAYMENT OF INVESTMENT false BARRIE ZESIGER BOARD MEMBERS ADVISORY FEES X 2 55349 FMV X FURNITURE/EQUIPMENT 114 1208835 FMV X DONATED GOODS 80 20170 FMV false false false OTHER PROGRAM SERVICES PART III, LINE 4D OTHER PROGRAM SERVICES INCLUDES THE FOLLOWING: 1) FACILITIES RENTAL - INCLUDES THE RENTAL OF THE POOL, FIELD, GYM, THEATRE, SPORTS, AQUATICS, AND OTHER PROGRAMS. BENEFITED APPROXIMATELY 5,415 PEOPLE PER YEAR. 2) WORKING CAPITAL AND MANAGEMENT FEE - UNDER A 2009 MANAGEMENT-SERVICES AGREEMENT BETWEEN ASPHALT GREEN AND BPCA, ASPHALT GREEN IS THE MANAGER OF A NOT-FOR-PROFIT COMMUNITY CENTER WHICH IS LOCATED IN BATTERY PARK CITY ("AGBPC"). ASPHALT GREEN HAS BEEN REIMBURSED FOR CERTAIN PRE-OPENING AND OPERATING EXPENSES BUDGETED AND INCURRED IN CONNECTION WITH THE NEW FACILITY. DURING FISCAL-YEARS 2013 AND 2012, ASPHALT GREEN RECEIVED $904,781 AND $1,560,960, RESPECTIVELY. OF THESE AMOUNTS, $215,625 AND $223,406, WAS DEEMED TO BE AN ADVANCE IN SUCH FUNDING FOR FISCAL-YEARS 2013 AND 2012, RESPECTIVELY. RELATED PRE-OPENING AND OPERATING EXPENSES INCURRED FOR THE AGBPC AMOUNTED TO $1,179,403 AND $1,337,554 FOR FISCAL-YEARS 2013 AND 2012, RESPECTIVELY. UNDER THIS SAME MANAGEMENT-SERVICES AGREEMENT, ASPHALT GREEN EARNED MANAGEMENT FEES FOR CERTAIN SERVICES PERFORMED DURING BOTH THE PRE-OPENING AND OPERATIONAL PERIODS. ASPHALT GREEN EARNED MANAGEMENT FEES AMOUNTING TO $140,726 DURING FISCAL-YEAR 2012. THE AGBPC FACILITY BEGAN OPERATIONS IN JUNE 2013 UNDER AN AMENDED MANAGEMENT-SERVICES AGREEMENT. UNDER THIS AGREEMENT, ASPHALT GREEN WILL BEGIN PAYING RENT TO THE BPCA STARTING IN THE FISCAL-YEAR ENDING JUNE 30, 2019. THE ANNUAL RENTAL PAYMENT WILL BE BASED ON A FEE STRUCTURE THAT USES A PERCENTAGE OF THE AGBCPA'S OPERATING REVENUE. THE ESTIMATED FUTURE MINIMUM RENTAL PAYMENTS THROUGH FISCAL-YEAR 2023 TOTAL APPROXIMATELY $669,000. OFFICER RELATIONSHIPS PART VI, SECTION A, #2 BARRIE AND ALBERT ZESIGER ARE HUSBAND AND WIFE. REVIEW OF 990 PART VI, SECTION B, #11B A COPY OF THE 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING, AND IS REVIEWED IN DETAIL BY THE TREASURER. MONITORING OF CONFLICT OF INTEREST POLICY PART VI, SECTION B, #12C ON AN ANNUAL BASIS, ASPHALT GREEN REQUIRES THAT ALL DIRECTORS, OFFICERS AND SENIOR STAFF MANAGEMENT SIGN THE CONFLICT OF INTEREST POLICY FORM. COMPENSATION PROCEDURES PART VI, SECTION B, #15 THE EVALUATION WAS UNDERTAKEN BY THE HUMAN RESOURCES COMMITTEE. THE RESULTS OF THE EVALUATION AND REVIEW WERE SHARED AND DISCUSSED WITH THE OTHER BOARD MEMBERS. PUBLIC AVAILABILITY OF DOCUMENTS PART VI, SECTION C, #19 ASPHALT GREEN WILL PROVIDE THE AUDITED FINANCIAL STATEMENTS UPON REQUEST. FORM 8868 FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE FOR AN EXEMPT ORGANIZATION WAS ELECTRONICALLY FILED.