2013-10-30T15:04:38-05:00 2012-12-31 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2012-01-01 223607512 PROJECT SUNSHINE INC PROJ 2123548035 108 WEST 39TH STREET SUITE 725 NEW YORK NY 10018 BEATRICE KERNAN 2123548035 2013-10-16 1 NANCY BLUME P00185943 2123721000 2012 2016-03-07 17:11:31Z BEATRICE KERNAN 108 WEST 39TH STREET SUITE 725 NEW YORK NY 10018 2925167 0 X WWW.PROJECTSUNSHINE.ORG X 1998 NJ PROJECT SUNSHINE PROVIDES FREE PROGRAMS THAT BENEFIT CHILDREN AND FAMILIES AFFECTED BY MEDICAL CHALLENGES. 27 27 15 15000 0 0 2171847 2213644 0 0 1878 2641 -252982 -267705 1920743 1948580 62187 94782 0 0 715730 879319 0 0 184598 1049075 963517 1826992 1937618 93751 10962 1573418 1593034 69653 78307 1503765 1514727 PROJECT SUNSHINE IS A VOLUNTEER-BASED NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES FREE RECREATIONAL, EDUCATIONAL AND SOCIAL SERVICE PROGRAMS THAT BENEFIT CHILDREN AND FAMILIES AFFECTED BY MEDICAL CHALLENGES. 0 0 1552979 94782 PROJECT SUNSHINE, INC. IS A VOLUNTEER-BASED NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES FREE RECREATIONAL, EDUCATIONAL AND SOCIAL SERVICE PROGRAMS THAT BENEFIT CHILDREN AND FAMILIES AFFECTED BY MEDICAL CHALLENGES. 1552979 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 26 0 1 15 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X BEATRICE KERNAN 2123548035 108 WEST 39TH ST STE725 NEW YORK NY 10018 X NATAN BIBLIOWICZ 1.00 X 0 0 0 JAMES CHUNG 1.00 X 0 0 0 RICK CUMMINGS 1.00 X 0 0 0 ANNA MARIA DESALVA 1.00 X 0 0 0 VERNON EVENSON 1.00 X 0 0 0 FABIANNE B WOLFF GERSHON 1.00 X 0 0 0 SHIMON KATZ 1.00 X 0 0 0 CORINNE KELLER 1.00 X 0 0 0 YOO JIN KIM 1.00 X 0 0 0 ANDREW KLUGER 1.00 X 0 0 0 BILLY MACKLOWE 1.00 X 0 0 0 TOM MCAULEY 1.00 X 0 0 0 DARIA MYERS 1.00 X 0 0 0 FLOYD RAPPY 1.00 X 0 0 0 BERNARD M ROSOF MD 1.00 X 0 0 0 AMY SAPERSTEIN 1.00 X 0 0 0 MARK SCHONFELD 1.00 X 0 0 0 NANCY SPIELBERG 1.00 X 0 0 0 CHATRI TRISIRIPISAL 1.00 X 0 0 0 REED V TUCKSON 1.00 X 0 0 0 ALISON TUREN 1.00 X 0 0 0 ALBERT TYLIS 1.00 X 0 0 0 LILLIAN VERNON 1.00 X 0 0 0 ROBIN WILPON WACHTLER 1.00 X 0 0 0 DIONNE WARWICK 1.00 X 0 0 0 JOSEPH M WEILGUS 5.00 X 0 0 0 HOWARD WEISER 5.00 X 0 0 0 BEATRICE KERNAN 40.00 X 147134 0 24138 147134 0 24138 1 0 1 0 0 1056663 1156981 181035 2213644 2761 2761 625232 625352 -120 -120 -120 83530 1056663 351235 -267705 -267705 1948580 0 0 -265064 94782 94782 171272 135647 11006 24619 593876 463771 38469 91636 56180 48290 3434 4456 57991 50706 2262 5023 4717 4717 124194 124194 71542 68382 3160 103422 80050 2986 20386 129461 113178 5050 11233 43183 33066 1330 8787 27075 23672 1058 2345 18319 16017 715 1587 PROGRAM MATERIALS 333979 333979 FOOD 41169 37078 4091 COMPUTER EXPENSES 37258 30168 723 6367 MISCELLANEOUS 29198 24193 937 4068 1937618 1552979 200041 184598 603765 615956 559596 578880 220497 220788 9619 62026 75996 247827 180658 83670 67169 34245 34245 1573418 1593034 42306 60219 27347 18088 69653 78307 X 1006890 1094740 496875 419987 1503765 1514727 1573418 1593034 10962 0 X 0 1 X 1 0 X 1622572 1686545 1892097 2171847 2213644 9586705 1622572 1686545 1892097 2171847 2213644 9586705 1286225 8300480 10890 15930 3880 1781 2761 35242 9621947 0.86270 0.90830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65060 51119 13941 135517 83462 52055 47250 46077 1173 67169 DEFERRED LEASE OBLIGATION 18088 18088 X 2039709 91129 91129 1948580 0 1948580 2028747 91129 91129 1937618 0 1937618 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: PROJECT SUNSHINE WAS INCORPORATED IN 1998 AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(A) AS AN ORGANIZATION (NOT A PRIVATE FOUNDATION) FORMED FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE IRC. ADDITIONALLY, PROJECT SUNSHINE AS A NONPROFIT ENTITY IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. FOR THE TAX YEARS ENDED DECEMBER 31, 2012 AND 2011, PROJECT SUNSHINE DID NOT OWE ANY UBIT. MANAGEMENT EVALUATED PROJECT SUNSHINE'S TAX POSITIONS FOR ALL OPEN TAX YEARS AND HAS CONCLUDED THAT PROJECT SUNSHINE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION 740, ACCOUNTING FOR INCOME TAXES. GENERALLY, PROJECT SUNSHINE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. 1 EAST ASIA AND THE PACIFIC 0 0 SUPPORT OF VOLUNTEER PROGRAM SERVICES PROGRAM MATERIALS 25000 MIDDLE EAST AND NORTH AFRICA 0 1 SUPPORT OF VOLUNTEER PROGRAM SERVICES PROGRAM MATERIALS 35782 SUB-SAHARAN AFRICA 0 0 SUPPORT OF VOLUNTEER PROGRAM SERVICES PROGRAM MATERIALS 34000 0 1 0 0 0 1 94782 0 94782 EAST ASIA AND THE PACIFIC SUPPORT OF PROGRAMS 25000 CASH MIDDLE EAST AND NORTH AFRICA SUPPORT OF PROGRAMS 16905 WIRE TRANSFER SUB-SAHARAN AFRICA SUPPORT OF PROGRAMS 34000 WIRE TRANSFER 3 0 SUPPORT OF PROGRAMS MIDDLE EAST AND NORTH AFRICA 1 18877 WIRE TRANSFER 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF ANY FUNDS TRANSFERRED OUTSIDE OF THE UNITED STATES FOR PROGRAM SERVICE ACTIVITIES. THE PARTIES RECEIVING SUCH FUNDS ARE REQUIRED TO SUBMIT BACKUP DOCUMENTATION FOR EXPENSES INCURRED IN CARRYING OUT THE PROGRAM SERVICE ACTIVITIES. IN ADDITION, THESE PARTIES ARE IN CONTINUAL CONTACT WITH PROJECT SUNSHINE THROUGHOUT THE YEAR REGARDING THE PROGRAMS THAT THEY ARE CONDUCTING AND PROVIDING UPDATES TO THE ORGANIZATION OF THE RESULTS OF SUCH ACTIVITIES. GALA EVENT 756655 705955 50700 0 0 123696 0 0 84912 GOLF CLASSIC 321560 299160 22400 0 0 54581 0 0 41310 1 61978 51548 10430 0 0 29550 0 0 17186 1140193 1056663 83530 207827 143408 351235 -267705 X X X 0 0 0 0 0 0 0 0 0 BEATRICE KERNAN 147134 0 0 0 0 0 16000 0 8138 0 171272 0 0 0 X 1 25352 FMV X PROGRAM SUPPLIES/MATERIALS 28 155683 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 SHIMON KATZ, DIRECTOR AND NANCY SPIELBERG, DIRECTOR HAVE FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE AND AUDIT COMMITTEE IS AUTHORIZED BY THE BOARD OF DIRECTORS TO REVIEW AND APPROVE THE IRS FORM 990. THE ORGANIZATION'S AUDIT FIRM PROVIDES THE FINANCE AND AUDIT COMMITTEE WITH A DRAFT OF THE IRS FORM 990, WHICH THE FINANCE AND AUDIT COMMITTEE AND MANAGEMENT THEN REVIEW ON BEHALF OF THE BOARD. THE AUDIT FIRM THEN ADDRESSES ANY CONCERNS OR REVISIONS TO THE IRS FORM 990 PROPOSED BY THE FINANCE AND AUDIT COMMITTEE. THE FINANCE AND AUDIT COMMITTEE THEN VOTE FOR THE APPROVAL OF THE IRS FORM 990. THE IRS FORM 990 IS THEN MADE AVAILABLE TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD-APPROVED CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL BOARD MEMBERS, OFFICERS AND SENIOR EMPLOYEES. ON AN ANNUAL BASIS, BOARD MEMBERS, OFFICERS AND SENIOR EMPLOYEES MUST DISCLOSE ANY CONFLICTS THAT HE OR SHE MAY HAVE BY COMPLETING A CONFLICTS OF INTEREST DISCLOSURE FORM AND SUBMITTING IT TO A MEMBER OF THE ORGANIZATION'S MANAGEMENT FOR REVIEW. BOARD MEMBERS, OFFICERS AND SENIOR EMPLOYEES ARE ALSO RESPONSIBLE FOR PROMPTLY DISCLOSING ANY CONFLICT THAT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 FOR THE COMPENSATION OF TOP MANAGEMENT POSITIONS, THE EXECUTIVE DIRECTOR MAKES RECOMMENDATIONS, BASED ON OUTSIDE COMPARATIVES, WHICH ARE REVIEWED AND APPROVED BY THE CHAIRMAN OF THE BOARD, IN CONSULTATION WITH KEY MEMBERS OF THE BOARD OF DIRECTORS. THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE CHAIRMAN OF THE BOARD, BASED ON OUTSIDE COMPARATIVES AND IN CONSULTATION WITH KEY MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, COLUMN (F) THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS.