2013-05-10T08:02:18-05:00 2012-06-30 221478099 COHNREZNICK LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2011-07-01 066026005 THE BOYS AND GIRLS CLUBS OF HARTFORD BOYS 8607240700 170 SIGOURNEY STREET HARTFORD CT 06105 SAMUEL GRAY JR 8607240700 2013-02-26 1 JOHN TOSCANO CPA P00358542 8606333000 2011 2016-02-24 21:20:13Z SAMUEL GRAY JR 170 SIGOURNEY STREET HARTFORD CT 06105 4241252 0 X WWW.BGCHARTFORD.COM X 1860 CT PLEASE REFER TO SCHEDULE O FOR FULL DESCRIPTION. 37 37 129 275 0 0 2041862 1583616 1239429 1630401 233636 317828 5398 -529 3520325 3531316 0 7000 0 0 2379110 2457353 0 0 335618 1372405 1509709 3751515 3974062 -231190 -442746 19801456 18417804 567622 335639 19233834 18082165 X PLEASE REFER TO SCHEDULE O FOR FULL DESCRIPTION. 0 0 1062334 462449 SPORTS, FITNESS & RECREATIONPROGRAMS IN THIS AREA FOSTER PHYSICAL FITNESS DEVELOP SOCIAL SKILLS AND PROVIDE YOUNG PEOPLE WITH A POSITIVE WAY TO SPEND LEISURE TIME AND CHANNEL THEIR YOUTHFUL ENERGY.KEY PROGRAMS:TRIPLE PLAY:IS A "GAME PLAN FOR MIND, BODY AND SOUL." IT IS A COMPREHENSIVE HEALTH AND WELLNESS PROGRAM THAT STRIVES TO IMPROVE THE OVERALL HEALTH OF CLUB MEMBERS AGES 6 TO 18. JR. NBA/JR. WNBA:PROVIDES BOYS AND GIRLS, AGES 6 TO 14, WITH PROFESSIONALLY DEVELOPED TRAINING IN BASKETBALL SKILLS. YOUTH FOOTBALL AND BASEBALL LEAGUES:IN THE FALL AND SPRING RESPECTIVELY, PROVIDE BOYS AND GIRLS, AGES 6 TO 14, WITH THE OPPORTUNITY TO GAIN AND DEVELOP SKILLS IN THESE SPORTS. 781128 610292 EDUCATION AND CAREER DEVELOPMENTPROGRAMS IN THIS AREA PREPARE KIDS FOR THE GROWN-UP WORLD OF WORK AND SUCCESS. WE HELP THEM DEVELOP PROFICIENCY IN BASIC EDUCATIONAL DISCIPLINES, SET GOALS, EXPLORE CAREERS, AND LEARN ABOUT TECHNOLOGY.KEY PROGRAMS:POWER HOUR:MAKING MINUTES COUNT PROVIDES CLUB PROFESSIONALS WITH TOOLS AND STRATEGIES FOR HELPING MEMBERS AGES 6 TO 12 AND 13 TO 18 WITH THEIR HOMEWORK EVERY DAY. GOALS FOR GRADUATION:GOALS FOR GRADUATION HELPS CLUB MEMBERS AGES 6 TO 18 LINK THEIR FUTURE ASPIRATIONS WITH CONCRETE ACTIONS TODAY. MEMBERS CREATE ACTION PLANS FOR ACHIEVING SHORT-TERM AND LONG-TERM ACADEMIC GOALS. THE PROGRAM IS DESIGNED TO HELP KIDS STAY ON A PATHWAY THAT WILL LEAD THEM TO HIGH SCHOOL GRADUATION AND BEYOND. MONEY MATTERS:MAKE IT COUNT TEACHES MEMBERS AGES 13 TO 18 HOW TO HANDLE MONEY. KIDS IN THE PROGRAM LEARN HOW TO MANAGE A CHECKING ACCOUNT, BUDGET, SAVE AND INVEST, START A SMALL BUSINESS AND PAY FOR COLLEGE. CAREER LAUNCH:HELPS CLUB MEMBERS AGES 13 TO 18 ANSWER THAT ALL IMPORTANT QUESTION: WHAT DO I WANT TO BE WHEN I GROW UP? THE PROGRAM ENCOURAGES MEMBERS TO ASSESS THEIR SKILLS AND INTERESTS, EXPLORE DIFFERENT CAREER OPTIONS, AND MAKE EDUCATIONAL CHOICES THAT WILL GET THEM WHERE THEY WANT TO GO. SKILL TECH:BASIC TRAINING IS A FUN WAY FOR CLUB MEMBERS OF ALL AGES TO LEARN HOW TO USE VARIOUS MICROSOFT PROGRAMS SUCH AS WORD, EXCEL, POWERPOINT, ACCESS, PUBLISHER AND DIGITAL IMAGE PRO. THE PROGRAM CONSISTS OF A SERIES OF ANIMATED LESSONS IN ENGLISH OR SPANISH THROUGH AND INSTRUCTOR-LED GROUP ACTIVITIES. PROJECT LEARN:REINFORCES THE SKILLS AND KNOWLEDGE KIDS LEARN AT SCHOOL THROUGH FUN, ACADEMICALLY-ORIENTED ACTIVITIES DURING CLUB HOURS. RESEARCH HAS SHOWN THAT KIDS DO BETTER IN SCHOOL WHEN THEY SPEND THEIR NON-SCHOOL HOURS ENGAGED IN LEARNING ACTIVITIES SUCH AS LEISURE READING, WRITING, AND EVEN GAMES LIKE SCRABBLE THAT DEVELOP THEIR COGNITIVE SKILLS. 624903 272029 HEALTH AND LIFESKILLS PROGRAMS IN THIS AREA ENCOURAGE AND EMPOWER YOUNG PEOPLE TO MAKE POSITIVE CHOICES THAT SUPPORT AND NURTURE THEIR PHYSICAL AND PERSONAL WELL BEING AND ENSURE THEIR FUTURE AS SELF-SUFFICIENT ADULTS.KEY PROGRAMS:HEALTHY HABITS:A PROGRAM FOR MEMBERS AGES 6 TO 15, IS DESIGNED TO INCORPORATE HEALTHY LIVING AND LEARNING THROUGHOUT THE CLUB EXPERIENCE AND EMPHASIZES GOOD NUTRITION, EXERCISE AND ALL-ROUND WELL-BEING. SMART MOVES:SMART MOVES (SKILLS MASTERY AND RESISTANCE TRAINING) IS A NATIONALLY ACCLAIMED PROGRAM THAT TEACHES YOUNGSTERS TO RESIST ALCOHOL, TOBACCO AND OTHER DRUG USE AND PREMATURE SEXUAL ACTIVITY. AGE APPROPRIATE EDUCATION IS PROVIDED AT EVERY LEVEL: SMART KIDS (6 TO 9); START SMART (10 TO 12); STAY SMART (13 TO 15); AND SMART PARENTS. SMART LEADER IS A PROGRAM FOR OLDER TEENS.SMART GIRLS IS A SMALL-GROUP PROGRAM FOR GIRLS, AGES 8 TO 12 AND 13 TO 17, THAT HELPS MEMBERS BUILD SKILLS FOR EATING RIGHT, STAYING PHYSICALLY FIT, GETTING GOOD HEALTH CARE AND DEVELOPING POSITIVE RELATIONSHIPS.AHMAD RASHAD PASSPORT TO MANHOOD:AHMAD RASHAD PASSPORT TO MANHOOD HELPS CLUB MEMBERS NAVIGATE THE DIFFICULT PASSAGE FROM BOYHOOD TO MANHOOD. DESIGNED FOR YOUTH AGES 11 TO 14, THE PROGRAM ADDRESSES CRITICAL ISSUES THAT YOUNG MEN FACE, INCLUDING ETHICS, DECISION MAKING, WELLNESS, FATHERHOOD, EMPLOYMENT AND MORE. 656148 285630 OTHER PROGRAM SERVICES INCLUDE CHARACTER AND LEADERSHIP DEVELOPMENT AND PROGRAMS IN THE ARTS. 656148 285630 3124513 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 23 0 1 129 1 0 0 0 0 0 1 1 0 0 0 0 X 37 37 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CT X VICTORIA COPES 8607240700 170 SIGOURNEY STREET HARTFORD CT 06105 TARA N SPAIN 2.00 X X 0 0 0 JONATHAN GENGRAS 1.00 X X 0 0 0 LISA M BOYLE ESQ 1.00 X X 0 0 0 WILLIAM J COCHRAN 1.00 X X 0 0 0 DAVID A ALBANESI 0.50 X 0 0 0 AURA ALVARADO 0.50 X 0 0 0 FRED A AUTORINO 0.50 X 0 0 0 MICHAEL R BANGSER 1.00 X 0 0 0 SANDRA BENDER-FROMSON 2.00 X 0 0 0 GAIL BILLET 0.50 X 0 0 0 PHILLIP M BONEE 1.00 X 0 0 0 RICHARD P BRAINERD 1.00 X 0 0 0 KATHLEEN M BROMAGE 0.50 X 0 0 0 JOHN F BYRNES 0.50 X 0 0 0 CHARLES P COLLITON CCM 0.50 X 0 0 0 GREGORY C DAVIS ATTY 0.50 X 0 0 0 KATE EMERY 0.50 X 0 0 0 RAYMOND C FERRARI 0.50 X 0 0 0 CHARLES FRAZIER 0.50 X 0 0 0 ROHAN FREEMAN 0.50 X 0 0 0 RICHARD HAZELTON 0.50 X 0 0 0 I BRADLEY HOFFMAN 0.50 X 0 0 0 BRUCE MANDELL ESQ 0.50 X 0 0 0 LORI MCGEE 0.50 X 0 0 0 JOHN P PREYSNER JR ESQ 0.50 X 0 0 0 REED W RISTEEN CPA 1.00 X 0 0 0 MATTHEW DELIS RITTER 0.50 X 0 0 0 CHIEF DARYL K ROBERTS 0.50 X 0 0 0 ROBERT SARGENT 0.50 X 0 0 0 BRUCE SIMONS 0.50 X 0 0 0 SPENCER A SLOAN 0.50 X 0 0 0 SARAH G STEVENS 0.50 X 0 0 0 DONNA STOUT 0.50 X 0 0 0 JOHN S STOUT 0.50 X 0 0 0 TIMOTHY SULLIVAN 0.50 X 0 0 0 WESTLEY V THOMPSON 0.50 X 0 0 0 DONALD W WILSON 1.00 X 0 0 0 SAMUEL GRAY 50.00 X 129154 0 10949 VICTORIA COPES 50.00 X 84131 0 15001 213285 0 25950 1 0 0 0 0 164164 362084 1057368 40571 1583616 GRANTS AND CONTRACTS 624100 1399575 1399575 FEES 624100 230826 230826 1630401 148828 148828 783971 614244 727 169727 -727 169000 169000 88578 362084 94965 -6387 -6387 OTHER REVENUES 900099 5858 5858 5858 3531316 1630401 0 317299 7000 7000 240162 184320 55842 1810948 1515869 117297 177782 53739 44744 4365 4630 201163 136401 25601 39161 151341 110784 27626 12931 18425 14000 4425 25320 25320 19701 4000 15701 15544 69 12675 2800 69287 42740 19235 7312 35114 29145 5969 124018 118438 3100 2480 39091 17384 18725 2982 2466 1582 884 449996 418496 31500 84420 76612 5566 2242 DIRECT PROGRAM EXPENSE 342730 336455 4232 2043 REPAIR AND MAINTENANCE 205678 190996 7032 7650 DUES AND FEES 42613 22356 20257 MISCELLANEOUS 35306 12122 21122 2062 3974062 3124513 513931 335618 170517 109436 952582 610380 247707 299768 43696 0 3083 0 9333101 3430204 6194070 5902897 5916362 5595266 6273439 5900057 19801456 18417804 233798 177953 289557 123605 44267 34081 567622 335639 X 12020727 11373648 552271 420281 6660836 6288236 19233834 18082165 19801456 18417804 X -442746 -708923 X X 0 1 1 X 0 X 4445352 3094614 2879923 3047146 2982149 16449184 4445352 3094614 2879923 3047146 2982149 16449184 16449184 167737 152610 138240 189810 148828 797225 404012 465159 161442 101782 95478 1227873 18474282 838287 0.89040 0.89220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5963558 7671 -43747 256044 5671438 5005912 4275 1200031 246660 5963558 4571009 18791 663840 247728 5005912 5609039 277034 325408 989656 4571009 0.92000 0.06000 0.02000 0 0 169500 169500 8350245 2673789 5676456 651510 632119 19391 161846 124296 37550 5902897 ASSETS HELD IN TRUST 5897134 INTEREST RECEIVABLE 2923 5900057 3531316 3974062 -442746 -336323 -372600 -708923 -1151669 2918150 -336323 26112 -372600 -682811 3600961 25320 -94965 -69645 3531316 4069819 26112 94965 121077 3948742 25320 25320 3974062 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A REASONABLY PREDICTABLE STREAM OF FUNDING TO THE ORGANIZATION'S OPERATING BUDGET WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY AS WELL AS BOARD DESIGNATED FUNDS. ACCORDING TO THE INVESTMENT POLICY, AS APPROVED BY THE BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN ACCORDANCE WITH SOUND INVESTMENT PRACTICES THAT EMPHASIZE LONG-TERM INVESTMENT FUNDAMENTALS. IT IS RECOGNIZED THAT SHORT-TERM MARKET FLUCTUATIONS MAY CAUSE VARIATIONS IN ACCOUNT PERFORMANCE. TO SATISFY ITS LONG-TERM RATE OF RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION IN ORDER TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ORGANIZATION HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR AN AMOUNT NOT TO EXCEED 5% OF THE FIVE YEAR (20 QUARTERS) MOVING AVERAGE OF THE ENDOWMENT'S FAIR VALUE. THESE AMOUNTS SHALL BE CALCULATED THROUGH THE CALENDAR YEAR-END PRECEEDING THE FISCAL YEAR FOR WHICH THE DISTRIBUTION IS PLANNED. OVER THE LONG-TERM, THE ORGANIZATION EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT IS CONSISTENT WITH ITS OBJECTIVE OF MAINTAINING THE PURCHASING POWER OF THE ENDOWMENT ASSETS WHILE PROVIDING ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2009 ARE CLOSED AND MANAGEMENT CONTINUALLY EVAULATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ASSETS HELD IN TRUST -372,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE ASSETS HELD IN TRUST -372,600. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE -94,965. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 94,965. ANNUAL GALA - SILENT AUCTION/GALA 390166 316090 74076 77006 BGCH GOLF TOURNAMENT 39655 30303 9352 12548 1 20841 15691 5150 5411 450662 362084 88578 94965 94965 -6387 1 YOUTH OF THE YEAR SCHOLARSHIPS 2 7000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO YOUTH OF YEAR RECIPIENTS BASED ON IN DEPTH NOMINATION AND REVIEW PROCESS X 3 7952 FAIR VALUE X VARIOUS ITEMS FOR AUCTION 77 29220 FAIR VALUE X VARIOUS EQUIPMENT USED IN CLUBS 6 3399 FAIR VALUE 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION MAINTAINS AN ACCOUNT WITH A FINANCIAL INSTITUTION TO LIQUIDATE DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS ARE RELATED BY MARRIAGE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL AUDITORS AND A DRAFT IS REVIEWED BY THE CEO, DIRECTOR OF FINANCE AND THE BOARD TREASURER. A DRAFT OF FORM 990 IS ALSO EMAILED IN PDF FORMAT TO THE BOARD FINANCE COMMITTEE AND THE FULL BOARD. ONCE ALL OF THE CHANGES HAVE BEEN APPROVED A FINAL COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS SIGNED CONFLICT OF INTEREST STATEMENTS ANNUALLY. IF A CONFLICT IS ASCERTAINED, A "DISCLOSURE QUESTIONNAIRE" REPORT SHALL BE SUBMITTED TO THE BOARD CHAIRMAN AND TO THE PRESIDENT. TRUSTEES WITH A CONFLICT OF INTEREST REGARDING A PARTICULAR TRANSACTION MAY PARTICIPATE IN DELIBERATIONS BUT MAY NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE BOARD PERSONNEL COMMITTEE. SEVERAL FACTORS ARE CONSIDERED, INCLUDING BUT NOT LIMITED TO PERFORMANCE MEASURES AND COMPENSATION OF INDIVIDUALS IN OTHER ORGANIZATIONS IN SIMILAR CAPACITIES. THE FINANCE DIRECTOR'S COMPENSATION IS DETERMINED BY THE CEO, BASED UPON THE RESULTS OF ANNUAL EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON SUBMISSION AND RECEIPT OF A VALID BUSINESS REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -336,323. CHANGE IN VALUE OF ASSETS HELD IN TRUST -372,600. TOTAL TO FORM 990, PART XI, LINE 5: -708,923. FORM 990, PART XII, LINE 2C THE PROCESSES HAVE NOT CHANGED DURING THE TAX YEAR. ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES FORM 990, PART I, LINE 1: TO INSPIRE AND ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE FROM DISADVANTAGED CIRCUMSTANCES, TO REALIZE THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE AND CARING CITIZENS. BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION FORM 990, PART III, LINE 1: THE MISSION OF THE BOYS AND GIRLS CLUBS OF HARTFORD IS TO ENABLE ALL YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. THIS IS ACCOMPLISHED BY PROVIDING A SAFE ENVIRONMENT, UNDER THE DIRECTION OF CARING AND TRAINED ADULTS, WHERE PROGRAMS WILL DEVELOP THEIR LIFE-SKILLS, VALUES, CHARACTER AND LEADERSHIP, THEREBY HELPING THEM REALIZE THEIR INDIVIDUAL POTENTIAL.