2013-02-26T10:33:28-06:00 2012-06-30 042734675 DANIEL DENNIS & COMPANY LLP 990 WASHINGTON STREET STE 308A DEDHAM MA 02026 990 2011-07-01 222579809 TWO TEN FOOTWEAR FOUNDATION INC TWOT 7817361524 1466 MAIN STREET WALTHAM MA 02451 ELBA MARCILLO 7817361524 2013-02-22 P01430775 6172629898 2013-02-22 2011 2016-02-25 16:41:14Z ELBA MARCILLO 1466 MAIN STREET WALTHAM MA 02451 8548403 0 X WWW.TWOTEN.ORG X 1939 MA CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMERLY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. 31 30 16 0 0 0 2849594 5896932 0 0 826690 555722 -30852 -42020 3645432 6410634 1983069 2101174 0 0 1257091 1366161 0 0 435135 839342 957140 4079502 4424475 -434070 1986159 32508024 34082376 291673 360797 32216351 33721579 X CASE MANAGEMENT SERVICES, NAMELY THE COORDINATION OF NECESSARY FINANCIAL, EDUCATIONAL, SOCIAL AND COUNSELING SERVICES TO INDIVIDUALS EMPLOYED OR FORMELY EMPLOYED IN THE SHOE INDUSTRY OR THE IMMEDIATE FAMILY MEMBERS OF SUCH PERSONS. 0 0 2775796 2101174 560144 HUMAN SERVICE EXPENSES 96571 MEMBER AND EDUCATION EXPENSES 23909 CHAPTER RELATIONS EXPENSES 369234 LEADERSHIP DEVELOPMENT AND PUBLIC AWARENESS EXPENSES 369234 3265510 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 16 1 0 0 0 0 0 1 1 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X ELBA MARCILLO 7817361500 1466 MAIN STREET WALTHAM MA 02452 NEAL NEWMAN 37.50 X X 0 0 0 JIM SALZANO 1.00 X X 0 0 0 MICHAEL ATMORE 1.00 X 0 0 0 MARTIN BERMAN 1.00 X 0 0 0 CAROL BAIOCCHI 1.00 X 0 0 0 ANNA BAKST 1.00 X 0 0 0 AMANDA CABOT 1.00 X 0 0 0 DEBBIE FERREE 1.00 X 0 0 0 STEVEN HILL 1.00 X 0 0 0 DANIEL HUNT 1.00 X 0 0 0 SUSAN ITZKOWITZ 1.00 X 0 0 0 BLAKE KRUEGER 1.00 X X 0 0 0 STEVE MADDEN 1.00 X 0 0 0 ROBERT MCHUGH 1.00 X 0 0 0 TRACEY MCLEOD 1.00 X 0 0 0 MICHAEL MOONEY 1.00 X 0 0 0 THOMAS MURRAY 1.00 X X 0 0 0 ALISON MUSKAT 1.00 X 0 0 0 TIMOTHY O'DONOVAN 1.00 X 0 0 0 JOE QUAKNINE 1.00 X 0 0 0 CHRISTOPHER QUINN 1.00 X 0 0 0 GREGG RIBATT 1.00 X 0 0 0 SCOTT SAVITZ 1.00 X 0 0 0 DANIEL SCHWARTZ 1.00 X 0 0 0 LARRY SIFF 1.00 X X 0 0 0 SONNY SHAR 1.00 X 0 0 0 DIANE SULLIVAN 1.00 X 0 0 0 THOMAS TARICA 1.00 X 0 0 0 GREG TUNNEY 1.00 X 0 0 0 JERRY TURNER 1.00 X 0 0 0 LUANN VIA 1.00 X 0 0 0 DAVID R PHILLIPS 37.50 X 114041 0 11552 114041 0 11552 1 1 0 0 0 1636386 4260546 5896932 584147 584147 1550000 1578425 -28425 -28425 -28425 512902 1636386 559344 -46442 -46442 MISCELLANEOUS 900099 4422 4422 4422 6410634 560144 0 -46442 50000 50000 2051174 2051174 363224 128283 148584 86357 759383 483365 101245 174773 35130 17043 9508 8579 114370 52622 26383 35365 94054 53280 18121 22653 42521 42521 36263 36263 83387 83387 58349 58349 20608 13240 2935 4433 50941 32624 7712 10605 74493 47773 10698 16022 82894 50537 4834 27523 18897 14208 4689 95491 95491 19184 12144 2824 4216 CONSULTING EXPENSE 131924 98198 9634 24092 RECRUITING 69255 6436 62429 390 DUES AND SUBSCRIPTIONS 49932 48714 1218 MOVING AND STORAGE 45884 45884 77117 47520 9470 20127 4424475 3265510 723830 435135 16437 290889 1132033 2730438 79910 71652 3614472 1336970 2032090 2277502 18139316 17749639 11108238 10962256 32508024 34082376 72346 69147 108347 182000 110980 109650 291673 360797 X 6650060 8008007 2700007 1176724 22866284 24536848 32216351 33721579 32508024 34082376 X 1986159 -480931 X 0 1 1 X 0 X 6019494 1893484 2333263 2849594 5896932 18992767 6019494 1893484 2333263 2849594 5896932 18992767 18992767 1675605 782863 499100 496531 584147 4038246 7318 5379 5042 4422 22161 23053174 -563125 0.82390 0.80660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25566291 1670564 -786774 -736509 25713572 23461311 314231 2581286 -790537 25566291 22788405 114981 1303973 -746048 23461311 26526786 208670 -3218780 -728271 22788405 0.95430 0.04570 0 0 546867 546867 2735919 1036419 1699500 331686 300551 31135 2277502 ALTERNATIVE HEDGE FUND 10962256 F 10962256 ANNUITIES PAYABLE 109650 109650 6410634 4424475 1986159 -480931 -480931 1505228 5929757 -480931 54 -480877 6410634 0 6410634 4424475 0 4424475 0 4424475 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: GAAP REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTIES THEREON, WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. THE FOUNDATION HAS EVALUATED THE TAX POSITIONS TAKEN IN ITS PREVIOUSLY FILED RETURNS AND THOSE EXPECTED TO BE TAKEN IN ITS 2011 RETURNS AND BELIEVES THEY ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY FEDERAL OR COMMONWEALTH TAX AUTHORITIES. THE FOUNDATION'S 2008 THROUGH 2010 TAX YEARS REMAIN SUBJECT TO TAX EXAMINATION BY FEDERAL AND COMMONWEALTH TAX AUTHORITIES PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER ADJUSTMENT 54. ANNUAL DINNER 1857190 1430036 427154 441892 ATLANTA OUTING 92397 70222 22175 23685 4 199701 136128 63573 93767 2149288 1636386 512902 559344 559344 -46442 ELBA MARCILLO 1466 MAIN STREET WALTHAM MA 02451 1 THE ASIA FOUNDATION 465 CALIFORNIA STREET SAN FRANCISCO CA 94104 941191246 501 (C)(3) 50000 BOOK SCHOLARSHIP SUPPORT AND IN-FACTORY OCCUPATIONAL AND HEALTH SAFETY TRAINING. RELIEF PAYMENTS 1752 1364665 BOOK SCHOLARSHIPS 986 736509 BOOK PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RELIEF PAYMENTS - PAID DIRECTLY TO A CLIENT'S CREDITOR, IE. MORTGAGE LENDERS, UTILITY COMPANIES, CAR LENDERS, ETC. AND ARE APPLIED DIRECTLY TO THE CLIENTS ACCOUNT. SCHOLARSHIPS - APPLICATIONS ARE OUTSOURCED TO A CONSULTANT WHO DETERMINES WHICH STUDENTS QUALIFY FOR ASSISTANCE BASED ON THE ORGANIZATIONS ELIGIBLITY REQUIREMENTS. THEY MUST HAVE A DIRECT FAMILY MEMBER WHO HAS WORKED IN THE FOOTWEAR INDUSTRY OR THEY MUST HAVE WORKED THE PROPER AMOUNT OF TIME IN THE FOOTWEAR INDUSTRY. FEDERAL LAW STIPULATES THAT THE AMOUNT OF A STUDENT'S FINANCIAL ASSISTANCE MAY NOT EXCEED THEIR DEMONSTRATED FINANCIAL NEED. TO DETERMINE FINANCIAL NEED, WE DEDUCT THE STUDENTS ESTIMATED PARENTAL CONTRIBUTION FROM THE FAFSA STUDENT AID REPORT(WWW.FAFSA.GOV) AND THEIR SCHOLARSHIPS AND GRANTS FROM THE COST OF ATTENDANCE. ONCE THESE CALCULATIONS ARE COMPLETED THEN WE SCALE THE STUDENTS AWARDS BASED ON THEIR LENGTH OF TIME IN THE INDUSTRY AND HOW SUBSTANTIAL THEIR NEED IS. WE HAVE A SCHOLARSHIP BOARD COMMITTEE WHO REVIEWS THE FINAL INFORMATION AND RELEASES THE AWARDS. MONIES ARE PAID DIRECTLY TO THE SCHOOL THE STUDENT IS ATTENDING EVERY SEMESTER. 0 0 0 0 0 0 0 0 0 DAVID R PHILLIPS 114041 0 0 0 0 0 0 0 11552 0 125593 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PRESENTED TO THE AUDIT COMMITTEE DURING THE PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS. AFTER REVIEWING THE 990 AND ALL QUESTIONS HAVE BEEN ANSWERED THE RETURN IS ACCEPTED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF, DIRECTORS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THE TRANSACTIONS AND ACTIVITIES OF THE ORGANIZATION ARE MONITORED ON AN ONGOING BASIS BY MANAGEMEMNT, THE BOARD OF DIRECTORS AND BOARD APPOINTED COMMITTEES. ANY CONFLICTS THAT ARISE ARE DEALT WITH ACCORDING TO THE ORGANIZATION'S DETAILED CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS SET BY THE ORGANIZATION'S COMPENSATION COMMITTEE BASED UPON COMPARABLE COMPENSATION DATA FOR THE SAME POSITON FOR ORGANIZATIONS OF SIMILAR SIZE WITHIN OUR INDUSTRY. THE DECISION OF THE COMPENSATION COMMITTEE IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO BEING FINALIZED. THE COMPENSATION OF ALL OTHER STAFF IS DETERMINED VIA A FORMAL SALARY ADMINSTRATION PROCESS. A JOB DESCRIPTION IS ESTABLISHED FOR EACH POSITION INCLUDING KNOWLEDGE, SKILLS, AND EXPERIENCES REQUIRED TO PERFORM THE JOB. EACH POSITION IS PRICED ACCORDING TO MARKET DATA FOR LIKE POSITIONS AT SIMILAR SIZED ENTITIES. ANNUAL INCREASES ARE BASED ON MERIT MEASURED BY APPROPRIATE INDICATORS OF JOB PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON DIRECT REQUEST OF THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -480,931.