2012-12-18T09:50:28-06:00 2012-06-30 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2011-07-01 273328809 THE LEARNING COMPANY LEAR 6098512522 453 HAMILTON BLVD MORRISVILLE PA 19067 MICHAEL D'AMORE 6098512522 2012-12-18 1 HOLLY L SABO CPA P00616782 6096899700 2011 2016-02-24 21:20:13Z X PRINCETON LEARNING COOPERATIVE JOEL HAMMON 453 HAMILTON BLVD MORRISVILLE PA 19067 107547 0 X WWW.PRINCETONLEANINGCOOPERATIVE.ORG X 2010 PA THE ORGANIZATION IS A CENTER THAT MAKES LIVING AND LEARNING WITHOUT SCHOOL AN OPTION FOR TEENS BY PROVIDING COMMUNITY AND SUPPORT FOR TEENS TO PURSUE THEIR EDUCATION. 6 6 2 12 0 0 12860 28432 41400 76000 0 2387 54260 106819 0 0 8654 62553 0 3194 31438 25766 40092 88319 14168 18500 16168 37743 2000 5075 14168 32668 THE PRINCETON LEARNING COOPERATIVE IS A CENTER THAT MAKES LIVING AND LEARNING WITHOUT SCHOOL AN OPTION FOR TEENS BY PROVIDING COMMUNITY AND SUPPORT FOR TEENS TO PURSUE THEIR EDUCATION. 0 0 70020 76000 THE PRINCETON LEARNING COOPERATIVE OFFERS CLASSES, TUTORING, MENTORING, HELP FINDING VOLUNTEER AND WORK OPPORTUNITIES AND HELP WITH COLLEGE ADMISSIONS TO ALL OF ITS STUDENTS. THE ORGANIZATION OFFERS A SAFE AND COMFORTABLE PLACE FOR TEENS TO WORK AND SOCIALIZE. 70020 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA NJ X JOEL HAMMON 6098512522 453 HAMILTON BLVD MORRISVILLE PA 19067 JULIE HORIGAN 5.00 X X 0 0 0 GEORGE PRICE 1.00 X X 0 0 0 MICHAEL D'AMORE 1.00 X X 0 0 0 LINDA ESPOSTI 1.00 X X 0 0 0 SUZANNE KAPLAN 1.00 X 0 0 0 HARINI SUBRAHMANYAM 1.00 X 0 0 0 JOEL HAMMON 40.00 X 15875 0 0 PAUL SCUTT 40.00 X 30545 0 10618 46420 0 10618 0 0 0 0 0 10875 17557 3458 28432 TUITION 611710 73800 73800 CONSULTING 611710 2200 2200 76000 3115 10875 728 2387 2387 106819 76000 0 2387 46420 36283 7816 2321 10618 7963 2124 531 5515 4136 1103 276 3200 1600 1600 600 600 1262 1262 1110 647 463 14781 13303 1478 102 102 3788 3409 379 PRINTING AND COPYING 533 426 54 53 WEBSITE 137 137 POSTAGE AND SHIPPING 128 102 13 13 REGISTRATION 75 75 50 50 88319 70020 15105 3194 5168 36243 11000 0 1500 16168 37743 75 5000 2000 2000 5075 X 14168 32668 14168 32668 16168 37743 18500 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZAITON'S FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND A DRAFT OF THE FORM 990 IS PROVIDED TO THE TREASURER WHO WILL REVIEW THE FORM 990. AT THE NEXT BOARD MEETING, EACH MEMBER OF THE BOARD IS GIVEN A COPY OF THE FORM 990 AND THE TREASURER, ALONG WITH THE CO-DIRECTOR, GOES OVER THE FORM 990 ANSWERING ANY QUESTIONS THE BOARD MEMBERS MAY HAVE. THE BOARD THEN VOTES TO APPROVE THE FORM 990 OR TO SEND IT BACK FOR REVISIONS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD SIGNS OFF THAT EACH MEMBER IS NOT INVOLVED WITH A CONFLICT OF INTEREST RELATED TO THE ORGANIZATION. IF A CONFLICT SHOULD ARISE, IT WILL BE DISCUSSED AT THE NEXT BOARD MEETING AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE CO-DIRECTORS CREATED A BUDGET THAT ACCOUNTED FOR ALL OVERHEAD EXPENSES FIRST AND THEN WE WERE ABLE TO DETERMINE COMPENSATION ON WHAT MONEY WAS LEFT OVER. THE COMPENSATION WAS WELL BELOW WHAT TEACHERS IN THE PA AND NJ AREA MAKE AND ARE ALSO LOWER THAN COMPENSATION AT SIMILAR NON-TRADITIONAL EDUCATIONAL INSTITUTIONS. THE BOARD REVIEWS AND APPROVES THE PROPOSED BUDGETS AND COMPENSATION NUMBERS ANNUALLY. THE BOARD ALSO APPROVES EMPLOYMENT CONTRACTS THAT REFLECT THE COMPENSATION NUMBERS INCLUDED IN THE PROPOSED BUDGETS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST WITHIN 72 HOURS.