THE CHILDRENS STOREFRONT: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE CHILDRENS STOREFRONT (EIN 13-2940671)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-15
- IRS object ID
- 201340469349301634
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-15T11:55:06-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131517563 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOEB & TROPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 THIRD AVENUE 12TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132940671 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHILDREN'S STOREFRONT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CHIL | NameControl |
| Phone | 2124272862 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 EAST 129TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10035 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROSEMARIE GOODEN | Name |
| Title | DIRECTOR OF FINANCE | Title |
| Phone | 2124272862 | Phone |
| Date Signed | 2013-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK H ROTHMAN | Name |
| PTIN | P01275277 | PTIN |
| Phone | 2128674000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROSEMARIE GOODEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 EAST 129TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10035 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4313582 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.THECHILDRENSSTOREFRONT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1966 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE CHILDREN'S STOREFRONT IS AN INDEPENDENT, TUITION-FREE SCHOOL IN HARLEM COMMITTED TO PROVIDING A COMPREHENSIVE EDUCATION TO CHILDREN WITH VARIED ACADEMIC STRENGTHS FROM PRE-SCHOOL THROUGH 8TH GRADE. OUR WORK IS GROUNDED ON THE CONVICTION THAT EVERY CHILD DESERVES THE OPPORTUNITY FOR AN EXCELLENT EDUCATION. WE WORK IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS TO PREPARE CHILDREN ACADEMICALLY, SOCIALLY AND EMOTIONALLY FOR FURTHER EDUCATION, EMPOWERING EACH CHILD TO REACH HIS OR HER POTENTIAL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 26 | NbrIndependentVotingMembers |
| Total Nbr Employees | 64 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5654577 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4194766 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 19742 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12825 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -75298 | OtherRevenuePriorYear |
| Other Revenue Current Year | -91686 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5599021 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4115905 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 21698 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 26010 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2590976 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2810923 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 174751 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 64494 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 569393 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 905810 | OtherExpensePriorYear |
| Other Expenses Current Year | 944394 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3693235 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3845821 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1905786 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 270084 | RevenuesLessExpensesCY |
| Total Assets BOY | 6807728 | TotalAssetsBOY |
| Total Assets EOY | 7018952 | TotalAssetsEOY |
| Total Liabilities BOY | 667709 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 638035 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 6140019 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 6380917 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE CHILDREN'S STOREFRONT IS AN INDEPENDENT, TUITION-FREE SCHOOL IN HARLEM COMMITTED TO PROVIDING A COMPREHENSIVE EDUCATION TO CHILDREN WITH VARIED ACADEMIC STRENGTHS FROM PRE-SCHOOL THROUGH 8TH GRADE. OUR WORK IS GROUNDED ON THE CONVICTION THAT EVERY CHILD DESERVES THE OPPORTUNITY FOR AN EXCELLENT EDUCATION. WE WORK IN PARTNERSHIP WITH FAMILIES AND COMMUNITY MEMBERS TO PREPARE CHILDREN ACADEMICALLY, SOCIALLY AND EMOTIONALLY FOR FURTHER EDUCATION, EMPOWERING EACH CHILD TO REACH HIS OR HER POTENTIAL. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3006369 | Expense |
| Grants | 26010 | Grants |
| Description | IN ITS FIFTH DECADE, THE STOREFRONT HAS REPRESENTED THE STRONGEST POSSIBLE CASE FOR PROVIDING EXCEPTIONAL LEARNING OPPORTUNITIES TO UNDERSERVED CHILDREN FOR STUDENTS WITH A WIDE RANGE OF LEARNING ABILITIES. WE ARE PROUD OF THE SUCCESS OF OUR STUDENTS AND THE OPTIONS THIS GIVES THEM FOR HIGH SCHOOL ADMISSIONS. OVER SIXTY STUDENTS ATTEND OUR SUMMER SCHOOL AND AFTERSCHOOL ASSISTANCE PROGRAM. OUR PROGRAM SUPPORTS THE ACADEMIC, SOCIAL AND EMOTIONAL NEEDS OF OUR STUDENTS. OUR PROGRAM INCLUDES ENRICHMENT, CONFLICT RESOLUTION, COMMUNITY SERVICE, SPORTS, MUSIC AND WELLNESS PROGRAMS. NINETY PERCENT OF OUR GRADUATES WILL COMPLETE HIGH SCHOOL AND EIGHTY PERCENT OF THEM WILL ATTEND COLLEGE. | Description |
| Total Program Service Expense | 3006369 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 29 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 64 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 26 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSEMARIE GOODEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2124277900 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 EAST 129TH STREET | AddressLine1 |
| City | NY | City |
| State | NY | State |
| ZIP Code | 10035 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (29 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MICHAEL B STUBBS | ||||||
| CHAIRMAN OF THE BOARD | 1.00 | X | X | 0 | 0 | 0 |
| CHRISTINE LASALA | ||||||
| PRESIDENT OF THE BOARD | 1.00 | X | X | 0 | 0 | 0 |
| GEORGE B WEIKSNER | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| ANNE RIVERS | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| JANIS BERGER | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| RAY CAMERON | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| WJ PATRICK CURLEY III | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| GEORGE J GRUMBACH JR | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| ELSIE V AIDINOFF | ||||||
| CHAIR EMERITUS | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL F STREICKER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ROBERT T RYLEE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| VAUGHN BUFFALO | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DONNA CEPHAS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| PETER EIKENBERRY | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LISE EVANS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| HAROLD FESSENDEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| GUILAINE JEAN-PIERRE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MILDRED JONES | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN LOGAN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| AMANDA LOW | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ELLEN-JANE MOSS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| LAUREN MARRUS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| RANDI RAHM | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| HOLLY PETERSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARIA VECCHIOTTI | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ANDREW WIENER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHRISTOPHER MOORE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DORIAN BROWN | ||||||
| CFO | 16.00 | X | 13000 | 0 | 49 | |
| WENDY REYNOSO | ||||||
| HEAD OF SCHOOL | 40.00 | X | 149050 | 0 | 7417 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 162050 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7466 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 1197604 | FundraisingEvents |
| Government Grants | 208486 | GovernmentGrants |
| All Other Contributions | 2788676 | AllOtherContributions |
| Noncash Contributions | 242286 | NoncashContributions |
| Total Contributions | 4194766 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12825 | TotalRevenueColumn |
| Exclusion | $12,825 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 91750 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1197604 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 197677 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -105927 | TotalRevenueColumn |
| Exclusion | -$105,927 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 14241 | TotalRevenueColumn |
| Exclusion | $14,241 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 14241 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4115905 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$78,861 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26010 | Total |
| Program Services | 26010 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171616 | Total |
| Program Services | 126893 | ProgramServices |
| Management And General | 44723 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2163411 | Total |
| Program Services | 1715928 | ProgramServices |
| Management And General | 135155 | ManagementAndGeneral |
| Fundraising | 312328 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296997 | Total |
| Program Services | 254008 | ProgramServices |
| Management And General | 11395 | ManagementAndGeneral |
| Fundraising | 31594 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178899 | Total |
| Program Services | 138389 | ProgramServices |
| Management And General | 14957 | ManagementAndGeneral |
| Fundraising | 25553 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36000 | Total |
| Management And General | 36000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64494 | Total |
| Fundraising | 64494 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3354 | Total |
| Management And General | 3354 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221816 | Total |
| Program Services | 166243 | ProgramServices |
| Management And General | 7883 | ManagementAndGeneral |
| Fundraising | 47690 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 374371 | Total |
| Program Services | 288093 | ProgramServices |
| Management And General | 8291 | ManagementAndGeneral |
| Fundraising | 77987 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90135 | Total |
| Program Services | 84872 | ProgramServices |
| Management And General | 2743 | ManagementAndGeneral |
| Fundraising | 2520 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17669 | Total |
| Program Services | 14743 | ProgramServices |
| Management And General | 421 | ManagementAndGeneral |
| Fundraising | 2505 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114242 | Total |
| Program Services | 107574 | ProgramServices |
| Management And General | 3474 | ManagementAndGeneral |
| Fundraising | 3194 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54661 | Total |
| Program Services | 51470 | ProgramServices |
| Management And General | 1663 | ManagementAndGeneral |
| Fundraising | 1528 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | STUDENT ACTIVITIES | Description |
| Total | 32146 | Total |
| Program Services | 32146 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3845821 | Total |
| Program Services | 3006369 | ProgramServices |
| Management And General | 270059 | ManagementAndGeneral |
| Fundraising | 569393 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6090 | BOY |
| EOY | 25258 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3976777 | BOY |
| EOY | 4283664 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155988 | BOY |
| EOY | 119042 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6239 | BOY |
| EOY | 9659 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4201598 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2420333 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1847336 | BOY |
| EOY | 1781265 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 815298 | BOY |
| EOY | 800064 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6807728 | BOY |
| EOY | 7018952 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 667709 | BOY |
| EOY | 638035 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 667709 | BOY |
| EOY | 638035 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4000926 | BOY |
| EOY | 4040352 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 311562 | BOY |
| EOY | 498034 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1827531 | BOY |
| EOY | 1842531 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6140019 | BOY |
| EOY | 6380917 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6807728 | BOY |
| EOY | 7018952 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 270084 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -29186 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3853522 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3277313 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3824138 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5654577 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4194766 | CurrentTaxYear |
| Total | 20804316 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3853522 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3277313 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3824138 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5654577 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4194766 | CurrentTaxYear |
| Total | 20804316 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2469583 | AmountsSubstContributorsTotal |
| Public Support Total170 | 18334733 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 148958 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29138 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 706 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8243 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12825 | CurrentTaxYear |
| Total | 199870 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3341 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 12757 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 30432 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16996 | CurrentTaxYearMinus1Year |
| Current Tax Year | 14241 | CurrentTaxYear |
| Total | 77767 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 21081953 | TotalSupport |
| Public Support Pertcentage170 | 0.86970 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.85840 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2535270 | BeginningOfYearBalance |
| Contributions | 15000 | Contributions |
| Investment Earnings Or Losses | -18698 | InvestmentEarningsOrLosses |
| Other Expenditures | -108750 | OtherExpenditures |
| End Of Year Balance | 1842231 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2509478 | BeginningOfYearBalance |
| Contributions | 7500 | Contributions |
| Investment Earnings Or Losses | 192488 | InvestmentEarningsOrLosses |
| Other Expenditures | 174196 | OtherExpenditures |
| End Of Year Balance | 2535270 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2616298 | BeginningOfYearBalance |
| Other Expenditures | 106820 | OtherExpenditures |
| End Of Year Balance | 2509478 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2608798 | BeginningOfYearBalance |
| Contributions | 7500 | Contributions |
| End Of Year Balance | 2616298 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.27000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.73000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 123920 | OtherCostOrOtherBasis |
| Book Value | 123920 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3123220 | OtherCostOrOtherBasis |
| Depreciation | 1476396 | Depreciation |
| Book Value | 1646824 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 954458 | OtherCostOrOtherBasis |
| Depreciation | 943937 | Depreciation |
| Book Value | 10521 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1781265 | TotalOfBookValueLandBuildings |
| Total Revenue | 4115905 | TotalRevenue |
| Total Expenses | 3845821 | TotalExpenses |
| Excess Or Deficit For Year | 270084 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -29186 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -29186 | TotalAdjustments |
| Excess Or Deficit Per FS | 240898 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4365712 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -29186 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 84670 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 197677 | OtherRevenues |
| Revenue Not Rptd F990 | 253161 | RevenueNotRptdF990 |
| Revenue Subtotal | 4112551 | RevenueSubtotal |
| Investment Expenses Not Included | 3354 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3354 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4115905 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4124814 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 84670 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 197677 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 282347 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3842467 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 3354 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 3354 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3845821 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ENDOWMENT FUNDS WERE USED FOR THE GRADUATE PROGRAM AND FOR THE OPERATION OF THE SCHOOL. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 197,677. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES 197,677. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INNOVATIVE PHILANTHROPY | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE SUITE 1801 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | MANAGE SPRING BENEFIT INVITATION AND ACCEPTANCE PROCESS | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 1006680 | GrossReceipts |
| Amount Retained By Contractor | 64494 | AmountRetainedByContractor |
| Net To Organization | 1006680 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 1006680 | TotalGrossReceipts |
| Total Retained By Contractors | 64494 | TotalRetainedByContractors |
| Total Net To Organization | 1006680 | TotalNetToOrganization |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL GALA | NameOfEvent1 |
| Gross Receipts Event1 | 1006680 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 965880 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 40800 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 39892 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 41854 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4250 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 738 | OtherDirectExpensesEvent1 |
| Name Of Event2 | COCKTAILS AND POKER | NameOfEvent2 |
| Gross Receipts Event2 | 77837 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 41087 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 36750 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 27659 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 27397 | FoodAndBeverageEvent2 |
| Total Number Of Other Events | 6 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 203802 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 190637 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 13165 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 32520 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 21473 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 400 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 1494 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1288319 | GrossReceiptsTotal |
| Charitable Contributions Total | 1197604 | CharitableContributionsTotal |
| Gross Revenue Total Events | 90715 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 100071 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 90724 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4650 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 2232 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 197677 | DirectExpenseSummaryEvents |
| Net Income Summary | -106962 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION TO SCHOOLS FOR STOREFRONT GRADUATES | TypeOfGrant |
| Number Of Recipients | 9 | NumberOfRecipients |
| Amount Of Cash Grant | 26010 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: BASED ON FINANCIAL NEED WE PAY FOR OR SUPPLEMENT THE TUITION FOR SOME OF OUR 8TH GRADERS TO GO TO PRIVATE OR BOARDING HIGH SCHOOLS. EACH YEAR, THE HIGH SCHOOL PLACEMENT OFFICER PROVIDES A LIST OF STUDENTS WHO HAVE BEEN APPROVED FOR RECEIVING THIS ASSISTANCE, THE NAMES OF THEIR SCHOOLS AND THE AMOUNT OF ASSISTANCE, AND THIS LIST GIVEN TO THE ASSISTANT TREASURER. WHEN A BILL IS RECEIVED FROM A HIGH SCHOOL, THE ASSISTANT TREASURER CONFIRMS THE STUDENT, SCHOOL AND AMOUNT, AND THEN PAYS IT. IF THERE ARE ANY DISCREPANCIES, THE ASSISTANT TREASURER CONTACTS THE SCHOOL, THE STOREFRONT'S PLACEMENT OFFICER OR HEAD OF SCHOOL, AS NECESSARY, TO CLEAR THEM UP. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WENDY REYNOSO | NamePerson |
| Base Compensation Filing Org | 149050 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 7417 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 156467 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 242286 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE THE FORM 990 IS FILED, A COPY IS DISTRIBUTED TO THE AUDIT COMMITTEE. AFTER DISTRIBUTION, THE AUDIT COMMITTE HOLDS A MEETING OR CONFERENCE CALL TO DISCUSS THE 990, INCLUDING ANY QUESTIONS OR COMMENTS, WHICH THE DIRECTOR OF FINANCE ADDRESSES. AFTER THAT, THE 990 IS CIRCULATED TO ALL BOARD MEMBERS VIA EMAIL FOR REVIEW. COMMENTS AND QUESTIONS ARE REQUESTED, AND ARE DIRECTED TO THE DIRECTOR OF FINANCE. ONCE THESE ARE ADDRESSED, ANY REVISIONS ARE REDISTRIBUTED TO ALL BOARD MEMBERS. THEN THE FORM 990 IS FILED WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CHILDREN'S STOREFRONT HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES THAT ANY TRANSACTION WITH INTERESTED PARTIES IS FULLY DISCLOSED. CSF WILL REVIEW THIS POLICY ON AN ANNUAL BASIS. THE CHAIR WILL REPORT TO THE BOARD OF TRUSTEES THAT ALL DISCLOSURE FORMS HAVE BEEN COMPLETED AND WHETHER ANY POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. ALL BOARD MEMBERS, HEAD OF SCHOOL, CHIEF OPERATIONS OFFICER,AND SENIOR FINANCIAL OFFICERS ARE REQUIRED TO COMPLETE THE DISCLOSURE STATEMENT ON AN ANNUAL BASIS. IF AT ANY TIME A BOARD MEMBER OR EMPLOYEE ACQUIRES AN INTEREST IN A MATTER THAT MIGHT POSE A CONFLICT, HE OR SHE SHALL PROMPTLY DISCLOSE SUCH INTEREST IN WRITING. INTERESTED PARTIES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WILL NOT PARTICIPATE IN DECISIONS OR DISCUSSIONS AFFECTING THAT INTEREST AND THE ORGANIZATION. THE BOARD OF TRUSTEES AND KEY EMPLOYEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BUSINESS MANAGER AND ASSISTANT TREASURER ARE INVOLVED IN PROCESSING ALL INVOICES, AND REVIEW EACH TRANSACTION TO CHECK FOR CONFLICTS. IF ONE IS DISCOVERED, IT IS REPORTED TO THE BOARD CHAIR. CONFLICTS AT ANY LEVEL ARE REPORTED TO THE CHAIR. THE PROCESS WAS LAST CONDUCTED IN 2012. | |
| FORM 990, PART VI, SECTION B, LINE 15 | SALARY LEVELS ARE APPROVED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES DURING THE ANNUAL BUDGET PROCESS AS DOCUMENTED IN THE MINUTES OF THAT COMMITTEE. MEMBERS OF THE BOARD OF TRUSTEES CHECKED WITH NYSAIS, OUR ACCREDITING ORGANIZATION, AND THE NEW YORK CITY PUBLIC SCHOOL SYSTEM REGARDING CURRENT SALARY LEVELS FOR HEADS OF SCHOOL AND OTHER ADMINISTRATIVE AND TEACHING POSITIONS. IN JUNE OF 2010 A NEW HEAD OF SCHOOL WAS HIRED FOR THE 2010-11 SCHOOL/FISCAL YEAR. THE SEARCH COMMITTEE OF THE BOARD OF TRUSTEES USED A CONSULTING FIRM WHO HAS SPECIALIZED IN RECRUITING FOR NOT- FOR-PROFIT ORGANIZATIONS FOR MORE THAN 10 YEARS. AMONG OTHER THINGS, THEY ADVISED ON SALARY LEVELS BASED ON THEIR EXPERIENCE. THIS PROCESS WAS DOCUMENTED IN MEETING NOTES AND EXTENSIVE EMAIL CORRESPONDENCE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -29,186. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
Comments