2011-02-25T08:30:34-06:00 2010-06-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2009-07-01 132940671 THE CHILDREN'S STOREFRONT CHIL 2124277900 70 EAST 129TH STREET NEW YORK NY 10035 Wendy Reynoso 2124277900 2011-02-24 1 FREDERICK H ROTHMAN 2128674000 2009 2016-02-24 21:20:13Z Wendy Reynoso 70 EAST 129TH STREET NEW YORK NY 10035 4170476 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. 27 26 56 200 0 0 3277313 3824138 0 159402 105042 -104270 -59836 3332445 3869344 34890 31602 0 2639437 2392996 103159 210707 583464 948309 988879 3725795 3624184 -393350 245160 4537034 4692706 724527 635039 3812507 4057667 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 2801498 31602 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. 2801498 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 56 1 0 0 0 0 0 1 1 0 0 0 27 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 KATHY EGMONT 40.00 X X 144200 0 6268 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 ROBERT T RYLEE 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 JANIS BERGER 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 JEFFREY MUTI 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 daniel brewer 40.00 X 124373 0 47 kathleen mccarthy-skryan 40.00 X 54626 0 6234 323199 0 12549 2 0 1 0 0 811908 198665 2813565 431789 3824138 706 706 200000 95664 104336 104336 104336 115200 811908 205468 -90268 -90268 miscellaneous 900099 30432 30432 30432 3869344 0 0 45206 31602 31602 335748 124139 71870 139739 1663586 1500123 84973 78490 232060 198009 16107 17944 161602 137891 11216 12495 32997 32997 210707 210707 3303 3303 288077 245518 3870 38689 370544 290393 6566 73585 86085 81059 2619 2407 28169 22871 588 4710 111977 105439 3407 3131 56060 52787 1706 1567 Student activities 11667 11667 3624184 2801498 239222 583464 559662 15191 443790 385767 150042 77619 3556 3760 3600934 2196638 1414217 1404296 1965767 2806073 4537034 4692706 724527 635039 724527 635039 X 1396829 1775924 488827 461712 1926851 1820031 3812507 4057667 4537034 4692706 X 0 1 1 X 0 X 2740425 3210969 3853522 3277313 3824138 16906367 2740425 3210969 3853522 3277313 3824138 16906367 751560 16154807 80321 112306 148958 29138 706 371429 163156 222813 144300 113817 145632 789718 18067514 32605 0.89410 0.93980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1926851 106820 1820031 1919351 7500 1926851 1.00000 0 0 42920 42920 2604972 1355457 1249515 953042 841181 111861 1404296 3869344 3624184 245160 0 245160 4129378 57869 205468 263337 3866041 3303 3303 3869344 3884218 57869 205468 263337 3620881 3303 3303 3624184 Part V, Line 4: Description of Intended Use of Endowment Funds: The endowment funds are used for the operation of the school and as a reserve. Part XII, Line 2d - Other Adjustments: Special event expenses: 205468. Part XIII, Line 2d - Other Adjustments: SPECIAL EVENT EXPENSES: 205468. X X X X X 0 Tavrow & Lund General Fundraising 0 571900 145000 436900 Projects Plus Manage Spring Benefit Invitation and Acceptance Process 0 521482 65707 455775 1093382 210707 892675 NY annual gala 521482 477282 44200 82365 14562 cocktails and poker 161089 124339 36750 35050 2386 6925 4364 5 244537 210287 34250 20404 13532 10497 15383 927108 811908 115200 137819 15918 17422 34309 205468 -90268 1 Tuition to schools for Storefront graduates 9 29537 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: 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 1 1 X 0 0 0 0 0 0 0 0 0 KATHY EGMONT 144200 0 0 0 0 0 0 0 6268 0 150468 0 0 0 Part I, Line 1a Kathy Egmont, The departing Head of School, after serving for eight successful years, relocated to another state the day her employment ended. She sold her cooperative apartment a few months beforehand, and the school paid $10,000 of temporary housing costs. The payment will be treated as taxable compensation to the recipient. This was a one-time event. X 4 428789 Sales price X NBX 100 Phone System 1 3000 Sales price 0 0 0 Method for Determining Number of Contributors: Part I, Column (b): reporting is based on the number of items received 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 Board of Directors and Key Employees are covered under the conflict of interest policy. The Business Manager and Assistant Treasurer are involved in processing all invoices, and review each invoice/transaction to check for conflicts. If one is discovered, it is reported to the Board Chair. Conflicts at any level are reported to the Chair. Form 990, Part VI, Section B, line 15 In Spring 2010, the board members reviewed the salaries of other school heads and had discussions based on the compensation data. 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. form 990, Part XI, Line 2c this process has not changed from prior years. Schedule G, Part I, Line 2b, Column (v) Explanation of Fundraising Payments Of the total Projects Plus payments, $1,713 was paid for reimbursable office expenses as outlined in the agreement. Form 990, Part VI, Section a, Line 1a Although the Executive Committee has the authority of the Board to the extent provided in the bylaws and applicable laws, the Executive Committee does not meet regularly, but generally only in instances when action of the Board is required and it not practical to delay until a meeting of the full Board.