2012-11-14T09:55:24-06:00 2011-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2011-01-01 223683539 ROOTS & WINGS FOUNDATION ROOT 9734536668 75 BLOOMFIELD AVENUE NO 303 DENVILLE NJ 07834 KIM SPANGENBERG 9734536668 2012-11-09 1 THOMAS R DARTNELL CPA P00224464 9733281825 2012-11-08 2011 2016-02-24 21:20:13Z X KIM SPANGENBERG 75 BLOOMFIELD AVENUE NO 303 DENVILLE NJ 07834 878303 0 X WWW.ROOTSANDWINGSNJ.ORG X 1999 NJ TO PROVIDE YOUNG ADULTS WHO AGE OUT OF THE FOSTER CARE SYSTEM IN NEW JERSEY WITH SAFE HOUSING, EDUCATION, COUNSELING, AND LIFE SKILLS IN ORDER TO EMPOWER THEM TOWARDS SELF SUFFICIENCY. 14 14 9 32 0 0 354427 811798 0 0 1034 516 15053 15000 370514 827314 86008 71849 0 0 213176 261825 15053 15000 15000 59184 50430 373421 399104 -2907 428210 244819 667283 28812 23066 216007 644217 TO PROVIDE YOUNG ADULTS WHO AGE OUT OF THE FOSTER CARE SYSTEM IN NEW JERSEY WITH SAFE HOUSING, EDUCATION, COUNSELING, AND LIFE SKILLS IN ORDER TO EMPOWER THEM TOWARDS SELF SUFFICIENCY. 0 0 256521 YOUTH SUPPORT AND HOUSING - TO PROVIDE AT-RISK ADOLESCENT AND AGED-OUT FOSTER CARE YOUTH WITH THE VITAL SUPPORT SYSTEMS NECESSARY FOR ACHIEVING SELF SUFFICIENCY. 256521 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 9 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X KIM SPANGENBERG 9734536668 75 BLOOMFIELD AVENUE NO 303 DENVILLE NJ 07834 KELLY JOYCE 1.50 X 0 0 0 ANN STAINTON 1.50 X 0 0 0 MARIA CHERNOCK 3.00 X 0 0 0 NEISA MAUTE 1.50 X 0 0 0 CINDY GREBENSTEIN 2.00 X 0 0 0 BONNY O'MULLANE 1.50 X 0 0 0 AMANDA CALI 1.50 X 0 0 0 WAYNE ROTH 1.50 X 0 0 0 ANTHONY CALLAGHAN 1.50 X 0 0 0 CATHY ERRICO 1.50 X 0 0 0 BROOK FISHER 5.00 X 0 0 0 NANCY BIGELSEN 10.00 X 0 0 0 WILLIAM MARKERT 2.50 X 0 0 0 LESLIE SHAW 10.00 X 0 0 0 KIM SPANGENBERG 45.00 X 75000 0 0 75000 0 0 0 0 0 0 0 180153 54705 576940 811798 516 516 65989 180153 50989 15000 15000 827314 0 0 15516 71849 71849 138868 76618 62250 100792 64569 36223 22165 12425 9740 7188 7188 15000 15000 705 705 7042 4997 2045 5050 5050 5704 5100 604 9215 5842 3373 COMMUNITY EDUCATION AND 9101 9101 CLIENT SUPPORT 4418 4418 DUES AND SUBSCRIPTIONS 1500 1500 TRAINING 507 102 405 399104 256521 127583 15000 218204 655253 11758 592 8938 6988 5919 4450 244819 667283 20485 16293 6773 8327 0 28812 23066 X 195132 129217 20875 515000 216007 644217 244819 667283 428210 0 X X 0 1 1 X 0 X 96344 143833 308984 416370 877787 1843318 96344 143833 308984 416370 877787 1843318 1843318 2231 2423 1632 225 516 7027 1850345 0.99620 0.99110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 25875 500000 5875 520000 20000 5875 25875 20000 20000 0.01000 0.99000 0 0 0 827314 399104 428210 428210 878303 50989 50989 827314 0 827314 450093 50989 50989 399104 0 399104 PART IV, LINE 2B: ROOTS & WINGS FOUNDATION MAINTAINS CUSTODIAL ACCOUNTS FOR ITS CLIENTS. THE CUSTODIAL ACCOUNTS ARE SET UP TO HOLD FUNDS PAID BY THE CLIENTS TO ROOTS & WINGS FOUNDATION AS A MEANS OF PAYING BILLS AND MONTHLY EXPENSES. AT THE COMPLETION OF THE PROGRAM, THE TOTAL AMOUNT OF FUNDS COLLECTED FROM THE INDIVIDUAL IS THEN RETURNED BACK TO THEM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION FOLLOWS ASC 740-10-50-15, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION RELATED TO THOSE TAX POSITIONS. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS AND ACCORDINGLY, HAS NOT RECORDED ANY TAX PROVISION FOR THE YEAR ENDED DECEMBER 31, 2011. HOWEVER, THE FOUNDATION IS SUBJECT TO AUDIT BY THE FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS DURING CERTAIN STATUTORY PERIODS. AS SUCH, CERTAIN TAX POSITIONS COULD BE CHALLENGED AND THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES, MAY DIFFER MATERIALLY FROM THE AMOUNTS FILED. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN THREE YEARS FROM THE LATEST FILING DATE FOR FEDERAL AND FOUR YEARS FROM THE LATEST FILING DATE FOR NEW JERSEY. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 50,989. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 50,989. X 1 CDK EVENTS MANAGEMENT 1465 ROUTE 23 SOUTH 189 WAYNE NJ 07470 OKTOBERFEST 1 217547 15000 202547 217547 15000 202547 OKTOBERFEST 217547 164064 53483 53482 GOLF OUTING 13491 11548 1943 1943 231038 175612 55426 55425 55425 1 CUSTODY OR CONTROL OVER OF CONTRIBUTIONS: SCHEDULE G, PART I, LINE 2B, COLUMN III DURING THE OKTOBERFEST EVENT, THE RESERVATIONS ALONG WITH THE INCOME FOR TICKETS AND SPONSORSHIPS ARE SENT TO CDK. THE CDK EVENT PLANNER WILL MAKE A SPREADSHEET OF ALL INCOME RECEIVED FROM THE EVENT AND MAIL THE CHECKS ALONG WITH THE SPREADSHEET TO ROOTS & WINGS FOUNDATION ON A WEEKLY BASIS. 1 RENT AND OCCUPANCY ASSISTANCE 8 71849 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS ARE APPLIED TO PAYING BILLS AND MONTHLY EXPENSES AND ARE NOT USED FOR OUTSIDE PURPOSES. GRANTS ARE USED IN ACCORDANCE WITH ESTABLISHED GUIDELINES. FORM 990, PART VI, SECTION B, LINE 11 ROOTS AND WINGS FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ROOTS AND WINGS FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE FOUNDATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 ROOTS AND WINGS FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE FOUNDATIONS OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. IN ADDITION FORMS 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE FOUNDATIONS OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.