2011-10-07T12:08:45-04:00 2010-12-31 WilsonMorgan LLP 1920 Main Street Suite 950 Irvine CA 926148216 990 2010-01-01 330656671 SPRINGBOARD NONPROFIT CONSUMER CREDIT MANAGEMENT INC SPRI 9517797724 4351 LATHAM STREET RIVERSIDE CA 925011749 TODD EMERSON 9517797724 2011-09-15 true JAYSON M MORGAN 9494287400 2010 2016-03-07 17:11:31Z TODD EMERSON 4351 LATHAM STREET RIVERSIDE CA 92501 18746307 false X WWW.CREDIT.ORG X 1974 CA TO PROVIDE CREDIT EDUCATION, PROMOTE FINANCIAL LITERACY AND ASSIST INDIVIDUALS AND FAMILIES IN FINANCIAL DIFFICULTY. 10 10 326 0 -7910 -8947 11225648 8541290 5862211 9929372 49841 27344 152131 228317 17289831 18726323 0 0 11147548 12245569 0 662267 5091720 6274769 16239268 18520338 1050563 205985 11676256 12310204 3766444 4135460 7909812 8174744 X TO IMPROVE THE LIVES AND FINANCIAL WELL-BEING OF INDIVIDUALS AND FAMILIES BY PROVIDING QUALITY FINANCIAL EDUCATION AND COUNSELING. false false 1875080 3514198 BANKRUPTCY PRE-PETITION BUDGET AND CREDIT COUNSELING: SPRINGBOARD WAS APPROVED IN SEPTEMBER OF 2005 BY THE EXECUTIVE OFFICE FOR THE UNITED STATES TRUSTEES ('"EOUST") TO PROVIDE REQUIRED PRE-PETITION CREDIT COUNSELING UNDER THE BANKRUPTCY ABUSE PREVENTION AND CONSUMER PROTECTION ACT (THE "BAPCPA"). SPRINGBOARD WAS ONE OF THE FIRST FIVE AGENCIES APPROVED BY THE EOUST TO OFFER NATIONWIDE PRE-BANKRUPTCY COUNSELING FOR INDIVIDUALS CONSIDERING BANKRUPTCY, BEGINNING IN OCTOBER 2005, WHEN THE BAPCPA TOOK EFFECT. UNDER THE LAW, MOST DEBTORS MUST OBTAIN BUDGET ANALYSIS AND CREDIT COUNSELING, INCLUDING A CERTIFICATE OF COMPLETION, PRIOR TO FILING FOR BANKRUPTCY. THIS TYPE OF COUNSELING IS A LANDMARK OPPORTUNITY TO ASSIST AND EDUCATE INDIVIDUALS WHO, AT THIS POINT IN THEIR FINANCIAL LIVES, CLEARLY NEED A BUDGET ANALYSIS AS WELL AS EXPLORATION OF THEIR OPTIONS SO THAT THEY CAN CAREFULLY CONSIDER THE ACTIONS THEY DECIDE TO TAKE. 1879906 5644175 COUNSELING AND EDUCATION SERVICES INCLUDE: BUDGET COUNSELING; EDUCATIONAL PROGRAMS, SEMINARS AND MATERIALS FOR FINANCIALLY DISTRESSED CONSUMERS TO ASSIST WITH MONEY MANAGEMENT, DEBT EDUCATION, AND UNDERSTANDING CREDIT; PRE-BANKRUPTCY COUNSELING; PRE-DISCHARGE DEBTOR EDUCATION; REVERSE MORTGAGE AND HOUSING COUNSELING; FORECLOSURE PREVENTION HOUSING COUNSELING; AND GENERAL CREDIT AND DEBT COUNSELING. SPRINGBOARD'S SERVICES ARE FREE, WITH THE EXCEPTION OF PRE-BANKRUPTCY COUNSELING, PRE-DISCHARGE DEBTOR EDUCATION, AND REVERSE MORTGAGE COUNSELING, FOR WHICH A MINIMAL CHARGE IS MADE. 4176889 5568290 HOUSING EDUCATION: SPRINGBOARD IS CERTIFIED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") AS A COMPREHENSIVE HOUSING COUNSELING AGENCY AND IS ONE OF THE NATION'S LEADING NONPROFIT COUNSELING AGENCIES HELPING TROUBLED HOMEOWNERS SEEK SOLUTIONS TO FORECLOSURE. THE AGENCY IS A HUD APPROVED MULTI-STATE ORGANIZATION. SPRINGBOARD IS ONE OF THE THREE ORIGINAL NONPROFIT AGENCY PARTNERS OF THE HOMEOWNERSHIP PRESERVATION FOUNDATION, AND PROVIDES COUNSELING TO DISTRESSED HOMEOWNERS NATIONWIDE, SEVEN DAYS A WEEK, 24 HOURS PER DAY. 3740120 3744000 PROGRAM ADMINISTRATION 2601744 334592 OTHER 6341864 4078592 14273739 true true false false false false false true false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 31 0 true 326 true true true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false true true true true true true true true true true false CA X X TODD EMERSON 9517797724 4351 LATHAM STREET RIVERSIDE CA 92501 SONNY SARABIA 60.0 X X 0 0 13000 MEREDITH CHILLEMI 1.0 X X 0 0 0 ETHAN HORN 1.0 X X 0 0 0 STEVEN WRIGHT 1.0 X 0 0 0 CURTIS PARADZICK 1.0 X 0 0 0 STACIE ANCTIL 1.0 X 0 0 0 SUSAN CONJURSKI 1.0 X 0 0 0 STEVEN CLARK 1.0 X 0 0 0 MICHAEL FRASCHILLA 1.0 X 0 0 0 DENIS GITSCHIER 1.0 X 0 0 0 TODD EMERSON 60.0 X X X 303760 0 96992 MARLISA HODGIN 60.0 X X 169879 0 18818 AARON HORVATH 60.0 X X 215981 0 6788 JUSTIN WALLER 60.0 X X 157205 0 3240 MELINDA OPPERMAN 60.0 X 115377 0 3142 LYLE LANSDELL 60.0 X 58438 0 0 DIANNE WILKMAN 60.0 X X 108823 0 14497 1129463 0 156477 6 false true false APPLEONE EMPLOYMENT SERVICES 327 W BROADWAY GLENDALE CA 91204 STAFFING 1447440 SPERIDIAN TECHNOLOGIES LLC 2021 GIRARD BLVD SE 200 ALBUQUERQUE NM 87106 PROGRAMMING SERVICES 1362303 HEALTHNET FILE 52617 LOS ANGELES CA 90074 HEALTH SERVICES 609143 ACCOUNTEMPS 2613 CAMINO RAMON SAN RAMON CA 94583 STAFFING 311825 KAISER PERMANENTE FILE 5915 LOS ANGELES CA 90074 HEALTH SERVICES 192131 5 970710 7570580 8541290 PRE-BANKRUPTCY SESSION 611600 2247535 2247535 DEBTOR EDUCATION SESSION 611600 1266663 1266663 FEES EARNED 611600 4844125 4844125 FAIR SHARE REVENUE 611600 1033019 1033019 LOCAL GRANTS 611600 538030 538030 9929372 27344 27344 0 50000 12074 19984 -7910 -7910 -7910 0 0 0 0 OTHER REVENUE 900099 186227 186227 186227 18726323 10115599 -7910 27344 0 0 0 0 1129462 903570 169419 56473 0 11116107 9301730 1360783 453594 0 0 0 0 302213 178448 113864 9901 0 0 0 0 854426 806201 48225 360083 324120 21578 14385 503739 413428 90311 598822 482631 116191 0 0 467421 126318 213189 127914 0 0 144245 93759 50486 0 879245 571509 307736 37807 28355 9452 LEASED EQUIPMENT 31070 21257 9813 BANK CHARGES 223300 200403 22897 REPAIRS & MAINTENANCE 581414 422530 158884 STAFF DEVELOPMENT 93524 81544 11980 DUES & SUBSCRIPTIONS 90617 72494 18123 1106843 245442 861401 18520338 14273739 3584332 662267 2086305 1815850 1191550 340880 2063837 3235404 75298 64621 8557304 3619233 4460487 4938071 1495824 1548913 7504 7321 295451 359144 11676256 12310204 1367451 1814021 466580 329133 1256800 1243549 675613 748757 3766444 4135460 X 7909812 8174744 7909812 8174744 11676256 12310204 X 205985 58947 X false true true X true true X 2540317 4149220 7962734 11225648 8955229 34833148 4377589 4739201 5471301 5862211 9391342 29841644 6917906 8888421 13434035 17087859 18346571 64674792 4237935 4649280 5336127 5690834 6102681 26016857 4237935 4649280 5336127 5690834 6102681 26016857 38657935 64770 103686 83336 49841 27344 328977 64770 103686 83336 49841 27344 328977 6982676 8992107 13517371 17137700 18373915 65003769 0.59470 0.53370 0.00506 0.00650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 0 400000 400000 0 2462394 567607 1894787 0 457627 135363 322264 0 766373 394061 372312 4279486 2330778 1948708 4938071 0 DEFERRED COMPENSATION 316839 DERIVATIVE LIABILITY 121367 CAPITAL LEASE OBLIGATIONS 310551 748757 18726323 18520338 205985 58948 58948 264933 18805000 58948 19729 78677 18726323 18726323 18540000 19662 19662 18520338 18520338 PART IV, LINE 2B CLIENTS' FUNDS HELD IN TRUST $329,133. SCHEDULE D, PAGE 2, VI - OTHER ASSET CLASS DETAIL: FURNITURE & EQUIPMENT COSTS 469,138 AUTOMOBILES COSTS 125,538 CAPITAL LEASE COSTS 774,398 SOFTWARE COSTS 3,101,835 ========== TOTAL 4,470,909 FURNITURE & EQUIPMENT ACCUM DEPR <190,598> AUTOMOBILES ACCUM DEPR <56,972> CAPITAL LEASE ACCUM DEPR <347,519> SOFTWARE ACCUM DEPR <1,913,554> ============ TOTAL <2,508,643> SCHEDULE D, PAGE 4, PART XII: UNREALIZED GAIN 58,948 RENTAL EXPENSE 19,984 ROUNDING ADJUSTMENT 255 SCHEDULE D, PART 4, PART XIII: RENTAL EXPENSE 19,984 ROUNDING ADJUSTMENT 322 X true true X X X X X X false false false false false false false false false TODD EMERSON 303760 0 0 0 0 0 95408 0 1584 0 400752 0 0 0 MARLISA HODGIN 169879 0 0 0 0 0 0 1562 1562 17256 171441 18818 0 0 AARON HORVATH 215981 0 0 0 0 0 5204 0 1584 0 222769 0 0 0 JUSTIN WALLER 157205 0 0 0 0 0 1896 0 1344 0 160445 0 0 0 PART I, LINE 1A FIRST CLASS AIR TRAVEL: FIRST CLASS FLIGHTS WERE AVAILABLE TO THE COMPANY CEO FOR THE PURPOSE OF BUSINESS NECESSITATED TRAVEL INVOLVING FLIGHT TIMES OF 2.5 HOURS OR MORE. FORM 990, PART VI, SECTION B, LINE 11: PRIOR TO FILING, SPRINGBOARD'S FORM 990 IS REVIEWED INTERNALLY BY THE CFO, AS WELL AS BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. ONCE THESE REVIEWS ARE COMPLETE, ONE OF TWO PROCEDURES IS FOLLOWED: A. COPIES OF THE FORM 990 ARE GIVEN TO THE BOARD MEMBERS FOR REVIEW PRIOR TO THE ANNUAL MEETING. AT THE ANNUAL MEETING, FORM 990 IS DISCUSSED AND ANY QUESTIONS OR COMMENTS ARE ADDRESSED; OR B. A COPY OF THE FORM 990 IS GIVEN TO EACH BOARD MEMBER WITH A NOTICE THAT INFORMS THE BOARD MEMBER THEY SHALL HAVE A WEEK TO REVIEW THE FORM 990 AND TO SUBMIT ANY QUESTIONS OR COMMENTS TO THE CFO OR THE CEO. THESE QUESTIONS OR COMMENTS ARE THEN ADDRESSED AND CIRCULATED TO THE BOARD MEMBERS, UNLESS THE BOARD CHAIR REQUESTS THAT A BOARD MEETING BE CONVENED AT WHICH ANY AND ALL QUESTIONS OR COMMENTS CAN BE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C: EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT FORM ANNUALLY. THE FORM CONTAINS THE COMPANY'S CONFLICTS POLICY, AS WELL AS AN AREA IN WHICH THE BOARD MEMBER DISCLOSES ANY AND ALL ORGANIZATIONS IN WHICH THE MEMBER IS A BOARD MEMBER, COMMITTEE MEMBER OR AN EMPLOYEE. ADDITIONALLY, THE MEMBER IS REQUIRED TO CERTIFY THAT, EXCEPT AS DESCRIBED IN THE FORM, THEY ARE NOT AND HAVE NOT IN THE PAST YEAR BEEN: 1.) A PARTICIPANT, DIRECTLY OR INDIRECTLY, IN ANY ARRANGEMENT, AGREEMENT, INVESTMENT, OR OTHER ACTIVITY WITH ANY VENDOR, SUPPLIER, OR OTHER PARTY DOING BUSINESS WITH SPRINGBOARD WHICH HAS RESULTED OR COULD RESULT IN PERSONAL BENEFIT TO ME. 2.) A RECIPIENT, DIRECTLY OR INDIRECTLY, OF ANY SALARY PAYMENTS OR LOANS OR GIFTS OF ANY KIND OR ANY FREE SERVICE OR DISCOUNTS OR OTHER FEES FROM OR ON BEHALF OF ANY PERSON OR ORGANIZATION ENGAGED IN ANY TRANSACTION WITH SPRINGBOARD. KEY EMPLOYEES REVIEW THE EMPLOYEE CONFLICTS OR INTEREST POLICY ANNUALLY AND ARE REQUIRED TO ANNUALLY CERTIFY THAT THEY HAVE REPORTED IN WRITING ANY CIRCUMSTANCE THAT, SINCE THEIR LAST EXECUTION OF THE POLICY, DID OR MAY HAVE INVOLVED A CONFLICT OF INTEREST IN THE CONDUCT OF SPRINGBOARD'S BUSINESS, OR MAYBE HAVE CREATED THE APPEARANCE OF INVOLVING A CONFLICT OR IMPROPRIETY. THE KEY EMPLOYEE IS ALSO REQUIRED TO ATTACH TO THE SIGNED POLICY A COPY OF THE WRITING DISCLOSING THE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR OFFICERS RANGES FOR THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES ARE PERIODICALLY ESTABLISHED BY A BOARD COMPENSATION COMMITTEE. THIS COMMITTEE TAKES INTO CONSIDERATION A NUMBER OF FACTORS INCLUDING: (1) AN INDEPENDENT COMPENSATION STUDY OBTAINED BY THE COMPANY; (2) THE 990S OF OTHER SIMILAR ORGANIZATIONS; (3) INTERNALLY COMPLETED COMPENSATION STUDIES. ANNUAL COMPENSATION AND ANY MERIT INCREASES JUSTIFIED BY PERFORMANCE ARE RECOMMENDED BY THE EMPLOYEE'S DIRECT SUPERVISOR; HOWEVER, THEY ARE SUBJECT TO FINAL APPROVAL BY THE CEO, PROVIDED THEY ARE WITHIN THE COMPENSATION RANGES ESTABLISHED BY THE COMMITTEE. FORM 990, PART VI, SECITON C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST. FORM 990 PART IV, LINE 2B CLIENTS' FUNDS HELD IN TRUST $329,133. SCHEDULE D, PAGE 2, VI - OTHER ASSET CLASS DETAIL: FURNITURE & EQUIPMENT COSTS 469,138 AUTOMOBILES COSTS 125,538 CAPITAL LEASE COSTS 774,398 SOFTWARE COSTS 3,101,835 ========== TOTAL 4,470,909 FURNITURE & EQUIPMENT ACCUM DEPR <190,598> AUTOMOBILES ACCUM DEPR <56,972> CAPITAL LEASE ACCUM DEPR <347,519> SOFTWARE ACCUM DEPR <1,913,554> ============ TOTAL <2,508,643> SCHEDULE D, PAGE 4, PART XII: UNREALIZED GAIN 58,948 RENTAL EXPENSE 19,984 ROUNDING ADJUSTMENT 255 SCHEDULE D, PART 4, PART XIII: RENTAL EXPENSE 19,984 ROUNDING ADJUSTMENT 322 SCHEDULE J, PART 1A, CLASS AIR TRAVEL: FIRST CLASS FLIGHTS WERE AVAILABLE TO THE COMPANY CEO FOR THE PURPOSE OF BUSINESS NECESSITATED TRAVEL INVOLVING FLIGHT TIMES OF 2.5 HOURS OR MORE.