FEDCAP REHABILITATION SERVICES INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- FEDCAP REHABILITATION SERVICES INC (EIN 13-5645879)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-06-16
- IRS object ID
- 201101679349300735
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-06-16T15:29:08-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 666 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135645879 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEDCAP Rehabilitation Services Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FEDC | NameControl |
| Phone | 2127274200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 West 14th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100117157 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | michael kurtz | Name |
| Title | cfo | Title |
| Date Signed | 2011-06-16 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125429609 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Christine McMahon | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 West 14th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100177157 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 73549443 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.Fedcap.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1935 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | Fedcap is a nonprofit whose mission is to be the premier organization that empowers people with barriers to employment to move towards economic independence as valued members of the workforce. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1424 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 371961 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 479783 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 64704908 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 68405412 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 113655 | InvestmentIncomePriorYear |
| Investment Income Current Year | 57329 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1234490 | OtherRevenuePriorYear |
| Other Revenue Current Year | 810486 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 66425014 | TotalRevenuePriorYear |
| Total Revenue Current Year | 69753010 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 49473933 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 52921323 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 180920 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 16747822 | OtherExpensePriorYear |
| Other Expenses Current Year | 16819892 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 66221755 | TotalExpensesPriorYear |
| Total Expenses Current Year | 69741215 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 203259 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 11795 | RevenuesLessExpensesCY |
| Total Assets BOY | 26827293 | TotalAssetsBOY |
| Total Assets EOY | 26492213 | TotalAssetsEOY |
| Total Liabilities BOY | 8149809 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7802934 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 18677484 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18689279 | NetAssetsOrFundBalancesEOY |
| Mission Description | Fedcap is a 501(c)(3) nonprofit organization with a mission to create opportunities for people with barriers to move toward economic independence as valued and contributing members of society. Founded in 1935 by three veterans with physical disabilities who struggled to make ends meet, Fedcap annually helps thousands of people - including returning veterans; people who are blind, deaf or have other longstanding mental or physical disabilities; adults who've been in prison; youths aging out of foster care - overcome obstacles, rebuild their lives, and find and keep meaningful employment. Fedcap constantly expands and innovates to provide tailored approaches that give individuals the best job match and continuing support, and give businesses solutions that are socially responsible and benefit the bottom line. Through careful research and strategic partnerships with community leaders, elected officials, fellow nonprofits, government agencies and commercial businesses, Fedcap develops empl | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 59250264 | Expense |
| Revenue | 68560363 | Revenue |
| Description | ECONOMIC DEVELOPMENT: Fedcap actively seeks to generate jobs to employ individuals with barriers through securing contracts under federal, state and local set-aside programs such as AbilityOne, NYSID and ACCSES NJ, as well as commercial operations. In addition, Fedcap operates a Home Care business that trains, employs, and places home health aides. In fiscal 2010, Fedcap significantly expanded the geographic scope of its economic development activities through new contracts in New Jersey and Washington, DC. It should be noted that the COGS attributable to Fedcap's sale of military equipment have been removed from this program service activity. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4002936 | Expense |
| Grants | 0 | Grants |
| Revenue | 3659651 | Revenue |
| Description | Workforce development: Fedcap's Workforce Development programs meet a broad range of clients' needs, from evaluating and assessing interests, aptitudes and abilities, to specialized training in the vocational and "soft" skills needed for success in the workplace. Fedcap's vocational training has launched thousands of people into careers in culinary arts, custodial services, data entry and digital imaging, office skills, in-home health aides, hospitality, and mail and general clerical services. We also teach inter-personal, communication, customer-service, interviewing and school-to-workplace transition skills. Our Career Design School affords New York State-accredited certification. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1063161 | Expense |
| Grants | 0 | Grants |
| Revenue | 615164 | Revenue |
| Description | WORKFORCE SUPPORT: Many individuals who graduate from Fedcap's training programs go on to employment in Fedcap-run businesses, or are assisted by Fedcap staff in obtaining jobs with other employers. Once on the job, Fedcap's professional staff provides continued support to help them maintain and succeed in their employment. Other Fedcap supports include mental health services; in fiscal 2010 these were expanded to include an adult day program in West Orange, NJ. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 64316361 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 24 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1424 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL KURTZ CFO | NamePerson |
| Telephone Number | 2127274214 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 WEST 14TH STREET | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 100117157 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Mark O'Donoghue | ||||||||
| Chair | 1.0 | X | X | 0 | 0 | 0 | ||
| Diane Shaib | ||||||||
| Vice chair | 1.0 | X | X | 0 | 0 | 0 | ||
| Laurence E Ach | ||||||||
| treasurer | 1.0 | X | X | 0 | 0 | 0 | ||
| Judy Bergtraum | ||||||||
| secretary | 1.0 | X | X | 0 | 0 | 0 | ||
| Peter Aschkenasy | ||||||||
| board member (past chair) | 1.0 | X | 0 | 0 | 0 | |||
| Michael Brenner | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Jack Cage | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Richard Fursland | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Diana Glass | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Cece R Lane | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Lynn Morgen | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Terry O'Neill | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Janice Oursler PhD | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Peter M Panken | ||||||||
| board member (past chair) | 1.0 | X | 0 | 0 | 0 | |||
| Gerald D Prothro | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Charles Wardell | ||||||||
| board member | 1.0 | X | 0 | 0 | 0 | |||
| Christine McMahon | ||||||||
| President and CEO | 40.0 | X | 309615 | 0 | 6933 | |||
| Maureen Bentley | ||||||||
| assistant executive director | 40.0 | 153268 | 0 | 11470 | X | |||
| Robert Breitbart | ||||||||
| assistant executive director | 40.0 | 146665 | 0 | 3264 | X | |||
| steven coons | ||||||||
| director of building services | 40.0 | 129251 | 0 | 18452 | X | |||
| john hughes | ||||||||
| director of development | 40.0 | 116813 | 0 | 0 | X | |||
| richard matist | ||||||||
| director of information tech | 40.0 | 116490 | 0 | 5384 | X | |||
| Amy Thomas | ||||||||
| Asst Exec Director -thru 08/09 | 40.0 | 171198 | 0 | 14246 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1143300 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 59749 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| TRI-Maintenance | |||||
| 81 Dorsa Ave PO Box 2068 | LIVINGSTON | NJ | 07039 | subs-mechanical | 3652175 |
| Canal Carting Inc | |||||
| PO Box 1474 | BAYONNE | NJ | 07002 | trash/snow removal | 325108 |
| Eagle Bldg services Inc | |||||
| 194 11th Ave | HOCTSVILLE | NY | 11742 | window washing | 183229 |
| Safeguard Maint Corp | |||||
| 138 Cockeysville Rd | COCKEYSVILLE | MD | 21030 | cleaning services | 136037 |
| Garys Landscaping | |||||
| 445 Decatur Ave | STATEN ISLAND | NY | 10314 | ground maintenance | 134877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Federated Campaigns | 223 | FederatedCampaigns |
| Fundraising Events | 134494 | FundraisingEvents |
| Government Grants | 112266 | GovernmentGrants |
| All Other Contributions | 232800 | AllOtherContributions |
| Total Contributions | 479783 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CONTRACT SERVICES AND PRODUCTS | 900099 | 64130597 | 64130597 |
| REHABILITATION AND VOCATIONAL PROGRAMS | 624310 | 4274815 | 4274815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 68405412 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57329 | TotalRevenueColumn |
| Exclusion | $57,329 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 99245 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 99245 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 99245 | TotalRevenueColumn |
| Exclusion | $99,245 | ExclusionAmount |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 25000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 134494 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 69849 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -44849 | TotalRevenueColumn |
| Exclusion | -$44,849 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 4429766 | GrossSalesOfInventory |
| Cost Of Goods Sold | 3726584 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 703182 | TotalRevenueColumn |
| Exclusion | $703,182 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 52908 | TotalRevenueColumn |
| Exclusion | $52,908 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 52908 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69753010 | TotalRevenueColumn |
| Related Or Exempt Function Income | 68405412 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $867,815 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 856419 | Total |
| Program Services | 306419 | ProgramServices |
| Management And General | 550000 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39011224 | Total |
| Program Services | 37065956 | ProgramServices |
| Management And General | 1818946 | ManagementAndGeneral |
| Fundraising | 126322 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1354521 | Total |
| Program Services | 1331228 | ProgramServices |
| Management And General | 20754 | ManagementAndGeneral |
| Fundraising | 2539 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8355285 | Total |
| Program Services | 8198117 | ProgramServices |
| Management And General | 153374 | ManagementAndGeneral |
| Fundraising | 3794 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3343874 | Total |
| Program Services | 3109299 | ProgramServices |
| Management And General | 223371 | ManagementAndGeneral |
| Fundraising | 11204 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200399 | Total |
| Management And General | 200399 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139160 | Total |
| Management And General | 139160 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491620 | Total |
| Management And General | 491620 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37307 | Total |
| Program Services | 3716 | ProgramServices |
| Management And General | 30625 | ManagementAndGeneral |
| Fundraising | 2966 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 469505 | Total |
| Program Services | 307911 | ProgramServices |
| Management And General | 159636 | ManagementAndGeneral |
| Fundraising | 1958 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2380822 | Total |
| Program Services | 2151581 | ProgramServices |
| Management And General | 222250 | ManagementAndGeneral |
| Fundraising | 6991 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283967 | Total |
| Program Services | 229785 | ProgramServices |
| Management And General | 52051 | ManagementAndGeneral |
| Fundraising | 2131 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24840 | Total |
| Management And General | 24840 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 798937 | Total |
| Program Services | 576787 | ProgramServices |
| Management And General | 221639 | ManagementAndGeneral |
| Fundraising | 511 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 990271 | Total |
| Program Services | 907284 | ProgramServices |
| Management And General | 82987 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUBCONTRACTORS | 5229749 | 5229749 | ||
| MATERIALS AND SUPPLIES | 1312719 | 1243210 | 64790 | 4719 |
| COMMISSIONS | 2020708 | 2020708 | ||
| SHIPPING, FREIGHT AND POSTAGE | 827777 | 827777 | ||
| BAD DEBT EXPENSE | 671789 | 671789 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 940322 | Total |
| Program Services | 135045 | ProgramServices |
| Management And General | 787492 | ManagementAndGeneral |
| Fundraising | 17785 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69741215 | Total |
| Program Services | 64316361 | ProgramServices |
| Management And General | 5243934 | ManagementAndGeneral |
| Fundraising | 180920 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5147631 | BOY |
| EOY | 5000000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3073516 | BOY |
| EOY | 5284342 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31147 | BOY |
| EOY | 43415 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12556947 | BOY |
| EOY | 10421685 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 814243 | BOY |
| EOY | 510986 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 669768 | BOY |
| EOY | 662482 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15243990 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11002273 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4512291 | BOY |
| EOY | 4241717 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21750 | BOY |
| EOY | 327586 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26827293 | BOY |
| EOY | 26492213 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7737786 | BOY |
| EOY | 7592213 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 394976 | BOY |
| EOY | 210721 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17047 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8149809 | BOY |
| EOY | 7802934 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18648715 | BOY |
| EOY | 18687578 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28769 | BOY |
| EOY | 1701 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18677484 | BOY |
| EOY | 18689279 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26827293 | BOY |
| EOY | 26492213 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 364329 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 532571 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 394458 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 371961 | CurrentTaxYearMinus1Year |
| Current Tax Year | 504783 | CurrentTaxYear |
| Total | 2168102 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 364329 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 532571 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 394458 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 371961 | CurrentTaxYearMinus1Year |
| Current Tax Year | 504783 | CurrentTaxYear |
| Total | 2168102 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 45085 | AmountsSubstContributorsTotal |
| Public Support Total170 | 2123017 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40937 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 90508 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 123046 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 113655 | CurrentTaxYearMinus1Year |
| Current Tax Year | 57329 | CurrentTaxYear |
| Total | 425475 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 0 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 0 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 0 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 152153 | CurrentTaxYear |
| Total | 152153 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2745730 | TotalSupport |
| Gross Receipts From Admissions Etc | 257716534 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.77321 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.69097 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 21750 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 80000 | OtherCostOrOtherBasis |
| Book Value | 80000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 280672 | OtherCostOrOtherBasis |
| Depreciation | 280672 | Depreciation |
| Book Value | 0 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4526405 | OtherCostOrOtherBasis |
| Depreciation | 3218100 | Depreciation |
| Book Value | 1308305 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6227150 | OtherCostOrOtherBasis |
| Depreciation | 5143021 | Depreciation |
| Book Value | 1084129 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4129763 | OtherCostOrOtherBasis |
| Depreciation | 2360480 | Depreciation |
| Book Value | 1769283 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4241717 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 69753010 | TotalRevenue |
| Total Expenses | 69741215 | TotalExpenses |
| Excess Or Deficit For Year | 11795 | ExcessOrDeficitForYear |
| Other | -$703,182 | OtherAmount |
| Total Adjustments | -703182 | TotalAdjustments |
| Excess Or Deficit Per FS | -691387 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 73549443 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 3796433 | OtherRevenues |
| Revenue Not Rptd F990 | 3796433 | RevenueNotRptdF990 |
| Revenue Subtotal | 69753010 | RevenueSubtotal |
| Total Revenue Per Form990 | 69753010 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 73537648 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 3796433 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3796433 | ExpensesNotRptdF990 |
| Expenses Subtotal | 69741215 | ExpensesSubtotal |
| Total Expenses Per Form990 | 69741215 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Fin48 | The Income Taxes topic of the FASB Accounting Standards Codification ("Codification") establishes criterion that an individual tax position has to meet for some or all the benefits of that position to be recognized in the an entity's financial statements. On initial application, this criterion will be applied to all tax positions for which the statue of limitations remains open. Only tax positions that meet the more-likely-than-not recognition threshold at the adoption date will be recognized or continue to be recognized. The effective date for applying this criterion has been deferred for certain not-for-profit organizations until fiscal years beginning after December 15, 2008, which will be fiscal 2010 for Fedcap. The adoption of this guidance did not have an impact on Fedcap's financial statements, as management believes that Fedcap has not taken any uncertain tax positions. | |
| reconciliation of net assets | Line 8: cost of goods sold $(703,182) | Schedule d, Part XI |
| reconciliation of Revenue | Line 2D: Fundraising expenses reclassed from other expenses to Part VIII, Line 8(b) $ 69,849 Cost of goods sold reclassed from materials & Supplies to part VIII, Line 10(b) $3,726,584 ---------- $3,796,433 | schedule D, Part XII |
| Reconciliation of expenses | Line 2D: Fundraising expenses reclassed from other expenses to Part VIII, Line 8(b) $ 69,849 Cost of goods sold reclassed from materials & Supplies to part VIII, Line 10(b) $3,726,584 ---------- $3,796,433 | Schedule D, Part XIII |
| Schedule D, Part III, Line 4 | Fedcap Rehabilitation Services displays several pieces of art in its headquarters buildings. These art pieces were donated years ago and have been retained to enhance the aesthetics of the office building. These assets do not contribute importantly to the organization's tax-exempt mission. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Celebration | NameOfEvent1 |
| Gross Receipts Event1 | 159494 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 134494 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 25000 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 55400 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 14449 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 159494 | GrossReceiptsTotal |
| Charitable Contributions Total | 134494 | CharitableContributionsTotal |
| Gross Revenue Total Events | 25000 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 55400 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 14449 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 69849 | DirectExpenseSummaryEvents |
| Net Income Summary | -44849 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Christine McMahon | |||||||||||||
| 309615 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6933 | 0 | 316548 | 0 | 0 | 0 |
| Amy Thomas | |||||||||||||
| 171198 | 0 | 0 | 0 | 0 | 0 | 1500 | 0 | 12746 | 0 | 185444 | 0 | 0 | 0 |
| Maureen Bentley | |||||||||||||
| 153268 | 0 | 0 | 0 | 0 | 0 | 3065 | 0 | 8405 | 0 | 164738 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| POLICIES | FORM 990, SECTION VI, PART B | Line 11 - The Form 990 was prepared by a nationally renowned accounting firm in conjunction with Fedcap's financial department. It was reviewed by senior management and a copy of the draft Form 990 was circulated to the finance committee for discussion and comment. Each Member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service. LINE 12 - The conflict of interest policy is signed by all Fedcap Employees during their annual evaluation. each member of the Board of Directors signs the conflict of interest policy on an annual basis. Violation of the policy will subject an employee to disciplinary action or immediate discharge. Employees who have knowledge or suspicion of improper conduct or activities by other employees or outside parties doing business with Fedcap, are expected to immediately bring it to the attention of the CEO or Director of Human Resources. LINE 15 - FEDCAP undertakes a thorough process to ensure that the executive compensation it pays to its top management official and all of the officers and key employees of the organization is reasonable given the market in which it operates. In relevant part, the Board of Directors has established a Compensation Committee of independent persons that have no personal interest in the proposed compensation agreement. - In determining the President's compensation package, the compensation committee hires an independent compensation consultant, Korn/Ferry to conduct an analysis of industry comparables for individuals performing similar job functions. The Compensation committee ultimately makes the decisions about the President's compensation and memorializes its decision in the Board Minutes. |
| Disclosure | FORM 990, SECTION VI, PART C | LINE 19 - FedCap makes its Form 990, annual report, Conflict of Interest, Code of Ethics and whistleblower policies available to the public by retaining a copy at its place of business and by publishing the documents on the internet at Fedcap's website, www.fedcap.org. The organization's financial statements and governing documents are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. |
| Form 990, Part IX, Functional Expenses & Part III Activities | The cost of goods sold (COGS) for the military equipment sold by Fedcap Rehabilitation Services reported has been reclassed from expenses to Part VIII, Line 10(b) to offset the revenue from such sales. These expenses have been removed from Line 24(b), Materials and Supplies, on Part IX of the Form 990, thereby reducing the actual expenditure of $5,039,303 to $1,312,719. Certain salary expenditures are included in the reclassed COGS expenses; however, in the interests of clarity, these expenditures have been removed from materials and supplies rather than fron Lines 5-9 of Part IX. Additionally, the reclassed COGS have been removed from Part III, Line 4a to reconcile to the Part IX total program service expenditures of $64,316,361. Finally, subsequent to the issuance of the audited financial statements, management determined that certain expenditures relating to community relations should be classified as management and general expenses, rather than fundraising expenses. Accordingly, the Form 990, Part IX, reclasses $395,192 of community relations expenses from column (d) to column (c). |
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