2012-04-04T15:19:37-05:00 2011-06-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-07-01 132940671 THE CHILDREN'S STOREFRONT CHIL 2124272862 70 EAST 129TH STREET NEW YORK NY 10035 DORIAN BROWN 2124272862 2012-03-28 1 FREDERICK H ROTHMAN 2128674000 2010 2016-02-24 21:20:13Z DORIAN BROWN 70 EAST 129TH STREET NEW YORK NY 10035 6173535 0 X WWW.THECHILDRENSSTOREFRONT.ORG X 1966 NY 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. 26 26 52 200 0 0 3824138 5654577 0 0 105042 19742 -59836 -75298 3869344 5599021 31602 21698 0 0 2392996 2590976 210707 174751 561089 988879 905810 3624184 3693235 245160 1905786 4692706 6807728 635039 667709 4057667 6140019 X 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. 0 0 2878417 21698 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. 2878417 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 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 28 0 1 52 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X DORIAN BROWN 2124277900 70 EAST 129TH STREET NY NY 10035 MICHAEL B STUBBS 1.00 X X 0 0 0 CHRISTINE LASALA 1.00 X X 0 0 0 GEORGE B WEIKSNER 1.00 X X 0 0 0 ANNE RIVERS 1.00 X X 0 0 0 JANIS BERGER 1.00 X X 0 0 0 RAY CAMERON 1.00 X X 0 0 0 WJ PATRICK CURLEY III 1.00 X X 0 0 0 GEORGE J GRUMBACH JR 1.00 X X 0 0 0 ELSIE V AIDINOFF 1.00 X 0 0 0 MICHAEL F STREICKER 1.00 X 0 0 0 ROBERT T RYLEE 1.00 X 0 0 0 VAUGHN BUFFALO 1.00 X 0 0 0 DONNA CEPHAS 1.00 X 0 0 0 PETER EIKENBERRY 1.00 X 0 0 0 LISE EVANS 1.00 X 0 0 0 HAROLD FESSENDEN 1.00 X 0 0 0 GUILAINE JEAN-PIERRE 1.00 X 0 0 0 MILDRED JONES 1.00 X 0 0 0 STEPHEN LOGAN 1.00 X 0 0 0 AMANDA LOW 1.00 X 0 0 0 JOHN MACKERRON 1.00 X 0 0 0 LAUREN MARRUS 1.00 X 0 0 0 RANDI RAHM 1.00 X 0 0 0 HOLLY PETERSON 1.00 X 0 0 0 MARIA VECCHIOTTI 1.00 X 0 0 0 ANDREW WIENER 1.00 X 0 0 0 KATHLEEN MCCARTHY-SKRYANZ 40.00 X 55991 0 6295 DORIAN BROWN 16.00 X 13000 0 49 DANIEL BREWER 40.00 X 127482 0 484 196473 0 6828 1 0 0 0 TAVROW LUND CONSULTING LLC 101 MERRITT 7 2ND FLOOR NORWALK CT 06851 PROFESSIONAL FUNDRAISING 151000 1 1346277 230055 4078245 1007871 5654577 8243 8243 387710 376211 11499 11499 11499 106009 1346277 198303 -92294 -92294 MISCELLANEOUS 900099 16996 16996 16996 5599021 0 0 -55556 21698 21698 77066 77066 2098563 1786146 96067 216350 251214 223649 9841 17724 164133 132708 14173 17252 34194 34194 174751 174751 3820 3820 183822 152872 2442 28508 400153 295255 7966 96932 90635 85343 2758 2534 19857 18321 501 1035 6426 4926 1500 109453 103063 3330 3060 51618 48604 1571 1443 STUDENT ACTIVITIES 5832 5832 3693235 2878417 253729 561089 15191 6090 385767 3976777 77619 155988 3760 6239 4153427 2306091 1404296 1847336 2806073 815298 4692706 6807728 635039 667709 635039 667709 X 1775924 4000926 461712 311562 1820031 1827531 4057667 6140019 4692706 6807728 X 1905786 176566 X X 0 1 1 X 0 X 3210969 3853522 3277313 3824138 5654577 19820519 3210969 3853522 3277313 3824138 5654577 19820519 2459122 17361397 112306 148958 29138 706 8243 299351 40424 40424 2462 3341 12757 30432 16996 65988 20226282 0.85840 0.89410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2509478 7500 192488 174196 2535270 2616298 106820 2509478 2608798 7500 2616298 0.01000 0.99000 0 0 123920 123920 3075698 1401770 1673928 953809 904321 49488 1847336 5599021 3693235 1905786 176566 176566 2082352 6089254 176566 119184 198303 494053 5595201 3820 3820 5599021 4006902 119184 198303 317487 3689415 3820 3820 3693235 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 198,303. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 198,303. X X X X X 0 TAVROW LUND 101 MERRITT 7 2ND FLOOR NORWALK CT 06851 GENERAL FUNDRAISING 0 2002421 121041 1881380 INNOVATIVE PHILANTHROPY 5 HANOVER SQUARE SUITE 1801 NEW YORK NY 10004 MANAGE SPRING BENEFIT INVITATION AND ACCEPTANCE PROCESS 0 1071145 53710 1017435 3073566 174751 2898815 NY ANNUAL GALA 1096445 1015145 81300 34743 46387 3600 2098 COCKTAILS AND POKER 129102 125798 3304 36997 8 226739 205334 21405 26101 9968 9266 29143 1452286 1346277 106009 97841 56355 12866 31241 198303 -92294 1 TUITION TO SCHOOLS FOR STOREFRONT GRADUATES 4 21698 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: 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. X 5 1007871 SALES PRICE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): TOTAL NUMBER OF CONTRIBUTORS DURING THE YEAR WAS FIVE. FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE FORM 990 IS FILED, A COPY IS DISTRIBUTED TO THE FINANCE COMMITTEE. AFTER DISTRIBUTION, THE FINANCE COMMITTEE HOLDS A MEETING OR CONFERENCE CALL TO DISCUSS THE 990, INCLUDING ANY QUESTIONS OR COMMENTS, WHICH THE CHIEF FINANCIAL OFFICER 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 CHIEF FINANCIAL OFFICER. 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, DIRECTOR OF OPERATIONS AND FACILITIES, ASSISTANT TREASURER 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. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 176,566. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.