TREASURER

2013-02-14T15:49:24-06:00 2012-06-30 272562250 BAILEY MURPHY & SCARANO LLC 1224 MAIN STREET BRANFORD CT 06405 990 2011-07-01 237040306 MADISON ABC PROGRAM INC MADI 2032456850 PO BOX 371 MADISON CT 06443 HOLLY DAY FRANCIS TREASURER 2032456850 2013-02-13 1 DOMINIC SCARANO JR CPA P00001012 2034811120 2013-02-13 2011 2016-03-07 17:11:31Z BILL STABLEFORD PO BOX 371 MADISON CT 06443 236922 0 X HTTP://MADISONABC.ORG X 1969 CT FEED, HOUSE AND TUTOR EDUCATIONALLY DISADVANTAGED HIGH SCHOOL STUDENTS (LIVING AWAY FROM HOME) TO QUALIFY THEM FOR COLLEGE 28 28 2 40 0 0 112665 231358 0 0 6101 5564 0 0 118766 236922 0 0 0 0 25352 26882 0 0 12962 96901 89511 122253 116393 -3487 120529 408573 517838 1308 1316 407265 516522 TO PROVIDE EDUCATIONALLY DISADVANTAGED STUDENTS WITH THE OPPORTUNITY FOR AN OUTSTANDING SECONDARY SCHOOL EDUCATION SO THEY WILL EXCEL IN COLLEGE WITH THE HOPE OF GOING ON TO ASSUME POSITIONS OF LEADERSHIP AND RESPONSIBILITY. 0 0 98977 THE PROGRAM EXISTS TO FEED,HOUSE AND TUTOR SIX EDUCATIONALLY DISADVANTAGED HIGH SCHOOL STUDENTS (LIVING AWAY FROM HOME) TO QUALIFY THEM FOR COLLEGE. 98977 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 CT X HOLLY FRANCIS 2032457331 230 RIDGE ROAD MADISON CT 06443 PRISCILLA MACINNIS BOARD OF DIRECTOR 1.00 X 0 0 0 CHRISTIE SOBRAN BOARD OF DIRECTOR 1.00 X 0 0 0 LOUISE GOULD BOARD OF DIRECTOR 1.00 X 0 0 0 TERRY KENSLER BOARD OF DIRECTOR 1.00 X 0 0 0 JACQUELINE WATERS BOARD OF DIRECTOR 1.00 X 0 0 0 JEFF SWIGGETT BOARD OF DIRECTOR 1.00 X 0 0 0 LISA LANDA BOARD OF DIRECTOR 1.00 X 0 0 0 VICTORIA DACATO BOARD OF DIRECTOR 1.00 X 0 0 0 JOE GOCLOWSKI BOARD OF DIRECTOR 1.00 X 0 0 0 CJ GLADSTONE BOARD OF DIRECTOR 1.00 X 0 0 0 NANN COOKE BOARD OF DIRECTOR 1.00 X 0 0 0 BETSY MORGAN BOARD OF DIRECTOR 1.00 X 0 0 0 LIZ NACE BOARD OF DIRECTOR 1.00 X 0 0 0 BEVERLY METZ BOARD OF DIRECTOR 1.00 X 0 0 0 WENDY PRICE BOARD OF DIRECTOR 1.00 X 0 0 0 JEAN CARD BOARD OF DIRECTOR 1.00 X 0 0 0 SUSAN GELFAND BOARD OF DIRECTOR 1.00 X 0 0 0 LINDALEA LUDWICK BOARD OF DIRECTOR 1.00 X 0 0 0 DON RANKIN BOARD OF DIRECTOR 1.00 X 0 0 0 BILL BARKER BOARD OF DIRECTOR 1.00 X 0 0 0 GREG MARTIN BOARD OF DIRECTOR 1.00 X 0 0 0 JUDITH WILEY BOARD OF DIRECTOR 1.00 X 0 0 0 DAVE ROBINSON BOARD OF DIRECTOR 20.00 X 16907 0 0 KEDRICK ROBINSON BOARD OF DIRECTOR 15.00 X 6489 0 0 BILL STABLEFORD PRESIDENT 1.00 X 0 0 0 KEN NYE VICE PRESIDENT 1.00 X 0 0 0 HOLLY FRANCIS TREASURER 4.00 X 0 0 0 DENICE CHANDLER SECRETARY 1.00 X 0 0 0 23396 0 0 0 0 0 0 0 1917 50177 179264 231358 5564 5564 236922 0 0 5564 X 23396 23396 3486 3486 1738 1738 3657 2281 1376 10514 10514 12749 11409 1340 GROCERIES & HOUSEHOLD 11880 11880 FUNDRAISING 11755 11755 STUDENT EXPENSES 11006 11006 UTILITIES 9768 9768 16444 15237 1207 116393 98977 4454 12962 13592 23033 37509 149050 1000 325381 139987 173474 185394 183998 159361 408573 517838 608 581 700 735 1308 1316 X 407265 516522 407265 516522 408573 517838 X 120529 -11272 X 1 0 0 X 0 X 95901 106410 109530 112665 231441 655947 60513 60513 156414 106410 109530 112665 231441 716460 0 0 0 716460 8408 7441 5608 6101 5565 33123 8408 7441 5608 6101 5565 33123 164822 113851 115138 118766 237006 749583 0.95580 0.95190 0.04420 0.04810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 120000 -21 0 1000 118979 1.00000 0 0 19800 19800 40200 40200 0 234445 75376 159069 30936 24411 6525 185394 SECURITIES 159361 F 159361 SECURITY DEPOSITS 735 735 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE USE OF THE ENDOWMENT FUND IS FOR EXPENDITURES, OTHER THEN ANNUAL EXPENDITURES, THAT WILL BENEFIT THE PROGRAM. FIN 48 FOOTNOTE - THE PROGRAM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3), EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE PROGRAM HAS NOT ENGAGED IN ANY SUCH UNRELATED BUSINESS ACTIVITIES AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIALS TO THE FINANCIAL STATEMENTS. THE PROGRAMS FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2007, 2008, AND 2009 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER WAS PROVIDED A COPY OF THE TAX RETURN TO REVIEW ONE WEEK PRIOR TO FILING TO DISCUSS/ANSWER ANY QUESTIONS OR CONCERNS WITH THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVILABLE TO THE PUBLIC UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24E REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 7,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,324. AUTO EXPENSE: PROGRAM SERVICE EXPENSES 3,069. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,069. LOSS ON ABANDONMENT OF ASSETS: PROGRAM SERVICE EXPENSES 2,681. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,681. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 2,163. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,163. SPECIAL PROJECTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,207. TOTAL EXPENSES 1,207. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -9,214. INVESTMENT EXPENSES: -2,058. TOTAL TO FORM 990, PART XI, LINE 5: -11,272.