2012-03-08T12:49:36-06:00 2011-06-30 KAUFMAN ROSSIN & CO PA 2699 S BAYSHORE DRIVE MIAMI FL 33133 990 2010-07-01 650828272 ADOPT-A-CLASSROOM INC ADOP 3056744470 4141 NE 2ND AVENUE NO 203B MIAMI FL 33137 JAMES ROSENBERG 3056744470 2012-03-08 1 DEBORAH YOUNG 3058585600 2012-03-08 2010 2016-02-24 21:20:13Z JAMES ROSENBERG 4141 NE 2ND AVENUE NO 203B MIAMI FL 33137 2802840 0 X WWW.ADOPTACLASSROOM.ORG X 1998 FL ADOPT-A-CLASSROOM INCREASES OPPORTUNITY FOR STUDENT SUCCESS BY EMPOWERING TEACHERS WITH COMMUNITY PARTNERS AND FUNDS TO PURCHASE RESOURCES FOR THE CLASSROOM. 11 10 5 0 0 0 2225472 2630458 0 0 2388 160682 2128 0 2229988 2791140 0 0 0 0 408366 451402 0 0 43200 1562847 1873462 1971213 2324864 258775 466276 2051954 2663009 121036 168997 1930918 2494012 ADOPT-A-CLASSROOM INCREASES OPPORTUNITY FOR STUDENT SUCCESS BY EMPOWERING TEACHERS WITH COMMUNITY PARTNERS AND FUNDS TO PURCHASE RESOURCES FOR THE CLASSROOM. 0 0 2171752 PURCHASED SCHOOL SUPPLIES FOR CLASSROOMS OF LOCAL COMMUNITY SCHOOLS. DURING THE CURRENT YEAR, SUPPLIES WERE FURNISHED TO 8,404 CLASSROOMS, WHICH IMPACTED APPROXIMATELY 200,000 STUDENTS. 2171752 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 7 0 5 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X X JAMES ROSENBERG 3056744470 4141 NE 2ND AVENUE SUITE 203B MIAMI FL 33134 JAMES ROSENBERG 55.00 X X 158633 0 19924 JOHN OXENDINE 0.50 X X 0 0 0 DOUG LEVINE 0.50 X X 0 0 0 BEN POWELL 0.50 X X 0 0 0 MARJORIE KEAN 0.50 X X 0 0 0 CHRISTOPHER CURRAN 0.50 X 0 0 0 MAX HOLTZMAN 0.50 X 0 0 0 DAVE LEYRER 0.50 X 0 0 0 MELISSA RUBIN 0.50 X 0 0 0 DEBORAH C YOUNG 0.50 X 0 0 0 WADE DYKE 0.50 X 0 0 0 EDDY BEREA 0.50 X 0 0 0 MICHAEL PEARCE 0.50 X 0 0 0 158633 0 19924 1 0 1 0 0 2630458 2630458 3682 3682 168700 11700 157000 157000 157000 2791140 0 0 160682 198529 102867 60704 34958 193046 193046 34280 20568 13712 25547 19477 3642 2428 42001 42001 13687 13687 7780 7780 6341 6341 61989 55827 5409 753 79635 79635 38423 23669 14754 10122 5061 5061 2697 2697 59750 55607 4143 4767 2860 1907 CLASSROOM SUPPLIES 1488764 1488764 SOFTWARE LICENSE 29000 29000 DEVELOPMENT 23749 23749 CONTRACT LABOR 3308 3308 PAYROLL FEES 1449 869 580 2324864 2171752 109912 43200 1567371 1852684 83333 202132 169875 37654 37654 10357 0 2000 388893 438318 2051954 2663009 121036 168997 121036 168997 X 477540 889839 1070475 1173845 382903 430328 1930918 2494012 2051954 2663009 X 466276 96818 X 0 1 0 X 0 X 1037085 2339700 2603063 2225472 2630458 10835778 1037085 2339700 2603063 2225472 2630458 10835778 2092088 8743690 8444 16622 3430 2388 3682 34566 10870344 0.80440 0.82550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 382903 47425 430328 377285 5618 382903 488476 -111191 377285 1.00000 1 0 24955 24955 0 12699 12699 0 0 SECURITY DEPOSIT 5990 NORTH DADE MEDICAL FOUNDATION ENDOWMENT FUND 430328 ART WORK 2000 438318 2791140 2324864 466276 96818 96818 563094 2838565 47425 47425 2791140 0 2791140 2275471 0 2275471 49393 49393 2324864 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: AN ENDOWMENT FUND WAS ESTABLISHED IN JUNE OF 2006 BY ANOTHER EXEMPT ORGANIZATION. THE ENDOWMENT FUND IS PERMANENTLY RESTRICTED AND IS INVESTED BY A DESIGNATED REPRESENTATIVE. THE ORGANIZATION HAS NO CONTROL OVER THE THE INVESTMENT GUIDELINES. THE DESIGNATED REPRESENTATIVE MAKES ANNUAL DISTRIBUTIONS FROM THE FUND TO THE ORGANIZATION OF NO LESS THAN 5% OF THE FAIR MARKET VALUE. THE ORGANIZATION IS FREE TO USE THE DISTRIBUTIONS IT RECEIVES FROM THE FUND FOR ITS NORMAL OPERATIONS. FUNDS RECEIVED IN THE CURRENT YEAR WERE APPROXIMATELY $22,000. PART XI, LINE 8 - OTHER ADJUSTMENTS: AMORTIZATION OF WEBSITE COSTS, EXPENSED PER BOOKS, CAPITALIZED FOR FORM 990 49,393. CHANGE IN PRESENT VALUE ENDOWMENT FUND 47,425. PART XIII, LINE 4B - OTHER ADJUSTMENTS: AMORTIZATION OF WEBSITE COSTS, EXPENSED PER BOOKS, CAPITALIZED FOR FORM 990 49,393. 0 0 0 0 0 0 0 0 0 JAMES ROSENBERG 158633 0 0 0 0 0 0 0 19924 0 178557 0 0 0 JAMES ROSENBERG FOUNDER AND EXECUTIVE DIRECTOR 168700 SALE OF INTELLECTUAL PROPERTY BY THE ORGANIZATION TO A FOR-PROFIT CORPORATION WHERE JAMES ROSENBERG IS A MAJORITY SHAREHOLDER. THE NOTE RECEIVABLE FOR THIS TRANSACTION IS TO BE REPAID IN TWO INSTALLMENTS BEGINNING APRIL 2012 AND ENDING IN APRIL 2013. 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS PROVIDED TO THE PRESIDENT BY THE RETURN PREPARER. AFTER REVIEW BY THE BOARD, THE PREPARER MAKES ANY NECESSARY CHANGES AND PROVIDES THE COMPLETED RETURN TO THE ORGANIZATION FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, ADOPT-A-CLASSROOM REVIEWS THE CONFLICT OF INTEREST POLICY WITH EMPLOYEES AND THE BOARD OF DIRECTORS. WE REQUEST EACH EMPLOYEE AND BOARD MEMBER TO ACKNOWLEDGE THAT HE HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. ADOPT-A-CLASSROOM ASKS EACH EMPLOYEE AND BOARD MEMBER WHETHER HE HAS AN ACTUAL OR POSSIBLE CONFLICT AND TO DESCRIBE ANY RELATIONSHIPS, TRANSACTIONS, OR OTHER CIRCUMSTANCES THAT MAY RESULT IN A CONFLICT OF INTEREST. IF AN ACTUAL OR POSSIBLE CONFLICT ARISES, ADOPT-A-CLASSROOM REFERS SUCH MATTERS TO ITS OUTSIDE LEGAL COUNSEL FOR DETERMINATION, AND RELIES ON LEGAL COUNSEL TO DETERMINE WHETHER A CONFLICT EXISTS, AND WHAT RESTRICTIONS MAY APPLY TO THE RELATED PARTIES. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS INDLUDES AN ANNUAL REVIEW AND COMPARABLE SALARY STUDIES. IT IS THEN REVIEWED AND DISCUSSED AT A BOARD MEETING AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE CONTAINED WITHIN THE BY-LAWS. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII JOHN OXENDINE - 2727 N. OCEAN BLVD., A-506, BOCA RATON, FL 33429. DOUG LEVINE - 2760 N. BAY ROAD, MIAMI BEACH, FL 33140. BEN POWELL - 15908 SW 92ND AVENUE, MIAMI, FL 33157. MARJORIE KEAN - 1000 VENETIAN WAY, #108, MIAMI BEACH, FL 33139. CHRISTOPHER CURRAN - 28 MONTGOMERY PLACE, BROOKLYN, NY 11215. MAX HOLTZMAN - 1610 W. 21ST STREET, MIAMI BEACH, FL 33140. DAVE LEYRER - 7652 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109. MELISSA RUBIN - 10 SOUTH RIVER DRIVE, MIAMI, FL 33130. DEBORAH C. YOUNG - 2699 S. BAYSHORE DRIVE, MIAMI, FL 33133. WADE DYKE - 6301 KAPLAN UNIVERSITY AVENUE, FT. LAUDERDALE, FL 33309. EDDY BEREA - 999 NW 159 DRIVE, MIAMI, FL 33169. MICHAEL PEARCE - 2036 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: AMORTIZATION OF WEBSITE COSTS, EXPENSED PER BOOKS, CAPITALIZED FOR FORM 990 49,393. CHANGE IN PRESENT VALUE ENDOWMENT FUND 47,425. TOTAL TO FORM 990, PART XI, LINE 5: 96,818.