2013-05-14T13:06:47-05:00 2012-12-31 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2012-01-01 043036200 ACRE FAMILY CHILD CARE INC ACRE 9789375899 14 KIRK STREET LOWELL MA 018521005 PATRICIA SULLIVAN TALTY 9789375899 2013-04-01 1 RAYMOND L ANSTISS JR P00142883 9784522500 2013-04-01 2012 2016-03-07 17:11:31Z PATRICIA SULLIVAN TALTY 14 KIRK STREET LOWELL MA 01852 3965379 0 X WWW.ACREFAMILY.ORG X 1988 MA ACRE FAMILY CHILD CARE, INC.'S MISSION IS TO HELP WOMEN BUILD SUCCESSFUL HOME-BASED FAMILY CHILD CARE BUSINESSES THAT PROVIDE HIGH QUALITY CHILD CARE RESPONSIVE TO THE NEEDS OF THE GREATER LOWELL COMMUNITY. 16 10 23 5 0 0 3610195 3429969 366708 365823 65651 46985 0 5000 4042554 3847777 0 0 0 0 1139167 1116796 0 0 1596 2902086 2730921 4041253 3847717 1301 60 2003684 2018734 387779 345385 1615905 1673349 ACRE FAMILY CHILD CARE INC.'S MISSION IS TO HELP WOMEN BUILD SUCCESSFUL HOME-BASED FAMILY CHILD CARE BUSINESSES THAT PROVIDE HIGH QUALITY CHILD CARE RESPONSIVE TO THE NEEDS OF THE GREATER LOWELL COMMUNITY. 0 0 2706415 360130 ACRE FAMILY CHILD CARE IS IN THE SERVICE OF HELPING LOCAL WOMEN BUILD HOME-BASED FAMILY CHILD CARE BUSINESSES. ACRE PROVIDES TRAINING AND ASSISTANCE IN GETTING LICENSED, CURRICULUM SETUP, PARENT RELATIONS AND THE ACQUISITION OF APPOPRIATE CHILD CARE SUPPLIES AND EQUIPMENT. 541176 5693 ACRE PROVIDES TRANSPORTATION FOR CHILDREN TO ESTABLISHED FAMILY BASED CHILDCARE FACILITIES. 69179 ACRE PROVIDES TRAINING TO IMMIGRANT WOMEN TO PROVIDE CHILDCARE SERVICES. 3316770 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 70 0 23 1 0 0 0 0 0 0 0 0 0 0 X 16 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X THE ORGANIZATION 9789375899 14 KIRK STREET LOWELL MA 018521005 PATRICIA SULLIVAN TALTY 5.00 X X 0 0 0 THERESA PARK 5.00 X X 0 0 0 SHARON PRIVITERA 5.00 X X 0 0 0 PATRICIA GOLDSTEIN 5.00 X X 0 0 0 ALLYSSA MCCABE 5.00 X 0 0 0 MATTHEW MCLAUGHLIN 5.00 X 0 0 0 ROSE CASTILLO 5.00 X 47805 0 0 VALESSA MARQUES 5.00 X 37161 0 0 DARMERY MONTOYA 5.00 X 50565 0 0 BLANCA VALENCIA 5.00 X 54438 0 0 DORA LEMUS 5.00 X 0 0 0 MELISSA DEVORE 5.00 X 0 0 0 CHERYL HOWARD 5.00 X 0 0 0 CLAUDIA ESPINOLA 5.00 X 0 0 0 JERRY WEDGE 5.00 X 0 0 0 KATHLEEN RETICKER 40.00 X 73134 0 20435 263103 0 20435 0 0 0 0 0 3306726 123243 3429969 PARENT FEES & OTHER PR 624410 365823 365823 365823 30203 30203 134384 117602 16782 16782 16782 GAIN ON TERMINATED CAP 900099 5000 5000 5000 3847777 365823 0 51985 93569 93569 750995 522374 228621 14633 10060 4573 189884 129221 60663 67715 45472 22243 1160 1160 13825 13825 8103 8103 137721 131119 6602 3658 510 2998 150 37602 7938 28218 1446 27692 17430 10262 42843 26903 15940 4075 1041 3034 2395 131 2264 5055 5024 31 37750 34811 2939 17181 10814 6367 PROVIDER CONTRACTS 2268143 2268143 VEHICLE EXPENSES 78983 78983 TRAINING & DEVELOPMENT 20617 11697 8920 AGENCY & DEPT EVENTS 8129 3544 4585 15989 10395 5594 3847717 3316770 529351 1596 2790 3432 748036 733555 329099 271852 2427 4056 10053 47727 48254 238772 185770 90752 53002 685332 795516 93465 103070 2003684 2018734 279845 267371 8435 9948 99499 68066 387779 345385 X 1615905 1668772 4577 1615905 1673349 2003684 2018734 X 60 47779 9605 X 0 1 X 1 1 1 X 3530491 3442358 3625204 3610195 3429969 17638217 3530491 3442358 3625204 3610195 3429969 17638217 17638217 49875 -41087 46188 65651 51985 172612 17810829 1525864 0.99030 0.98980 X 93465 11328 1723 103070 95981 -820 1696 93465 87269 10160 1448 95981 76036 12211 978 87269 74211 20000 -17016 1159 76036 1.00000 1 0 10857 9348 1509 227915 176422 51493 53002 BENEFICIAL INTEREST IN AN AGENCY ENDOWMENT 103070 103070 X 3897058 47779 9605 57384 3839674 8103 8103 3847777 3839614 0 3839614 8103 8103 3847717 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE FUND IS TO PROVIDE THE ORGANIZATION WITH AN ANNUAL DISTRIBUTION OF UNRESTRICTED SUPPORT IN ACCORDANCE WITH A "SPENDING POLICY" ADOPTED BY THE GREATER LOWELL COMMUNITY FOUNDATION'S BOARD. THE CURRENT SPENDING POLICY ALLOWS FOR AN ANNUAL DISTRIBUTION OF 5% OF THE AVERAGE VALUE OF THE FUND. NO FUNDS WERE DISTRIBUTED FROM THE ENDOWMENT IN 2012 AND 2011. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION, INCORPORATED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AS A TAX EXEMPT ENTITY, HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED BY ASC 740-10, INCOME TAXES TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATIONS FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATIONS INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX EXEMPT NOT-FOR-PROFIT ENTITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMENT DARMERY MONTOYA MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 1500 GRANT FOR PRE-K CURRICULUM MATERIAL FOR CHILD CARE CENTER. SUPPORT AND ENHANCE QUALITY OF PRE-K SERVICES BLANCA VALENCIA MEMBER OF THE ACRE FAMILY CHILD CARE, INC.'S BOARD OF DIRECTORS. 1500 GRANT FOR PRE-K CURRICULUM MATERIAL FOR CHILD CARE CENTER. SUPPORT AND ENHANCE QUALITY OF PRE-K SERVICES BLANCA VALENCIA SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 54438 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 VALESSA MARQUES SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 37161 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 DARMERY MONTOYA SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 50565 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 ROSE CASTILLO SITS AS A DIRECTOR ON ACRE FAMILY CHILD CARE'S BOARD. 47805 PAYMENT FOR PROVIDING CHILD CARE SERVICES. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE AUDIT COMMITTEE OF THE BOARD IN MID-APRIL FOR THEIR DETAIL REVIEW. SUBSEQUENTLY AND PRIOR TO FILING, THE COMMITTEE'S SUMMARY CONCLUSIONS ARE REPORTED TO THE FULL BOARD. AT THAT TIME, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A RELATED-PARTY TRANSACTION AND INDEPENDENCE DISCLOSURE QUESTIONNAIRE FORM. RESPONSES ARE THE BASIS FOR APPROPRIATE DISCLOSURE IN ANNUAL FINANCIAL AND COMPLIANCE REPORTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS PERIODICALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES THE APPROPRIATE ADJUSTMENT TO THE INCUMBENT'S COMPENSATION LEVEL. COMPENSATION LEVELS FOR OTHER KEY EMPLOYEES ARE DETERMINED BY APPLICATION OF A RESPONSIBILITY/COMPENSATION MATRIX APPROVED BY THE EXECUTIVE COMMITTEE/PERSONNEL COMMITTEE AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 DURING REGULAR BUSINESS HOURS, ON REQUEST, ARTICLES OF ORGANIZATION, BY-LAWS, FINANCIAL STATEMENTS (AUDITED) AND SIMILAR DOCUMENTS ARE AVAILABLE TO THE PUBLIC FOR INSPECTION AT THE AGENCY'S OFFICES IN LOWELL, MASSACHUSETTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN FMV OF BENEFICIAL INTEREST IN AN AGENCY ENDOWMENT 9,605.