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Nonprofiteer
← FIVER CHILDRENS FOUNDATION INC

Form 990 for tax year 2022

Filed by FIVER CHILDRENS FOUNDATION INC.

Totals

Total revenue
$3,109,949
Total expenses
$2,656,495
Contributions and grants received
$3,090,638
Grants paid
$0
Program service revenue
$0
Investment income
$15,872
Other revenue
$3,439
Total assets, end of year
$6,063,950
Total liabilities, end of year
$2,092,316
Net assets or fund balances, end of year
$3,971,634
Program services expenses (Part IX)
$2,300,315
Management and general expenses
$77,982
Fundraising expenses
$278,198
Program service expenses (Part III)
$2,300,315

Program services were 86.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,040,834

  • 1e · Government grants (contributions)

    $53,152

  • 1f · All other contributions, gifts and grants

    $1,996,652

  • 3 · Investment income

    total $15,872 · related or exempt $15,872

  • 8a · Fundraising events: gross income

    $91,435

  • 8a · Fundraising events: contributions included on line 1c

    $737,654

  • 8b · Fundraising events: direct expenses

    $91,435

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: OTHER INCOME

    total $3,439 · related or exempt $3,439

  • 11e · Other revenue, total

    $3,439

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $158,783 · program services $95,270 · management and general $15,878 · fundraising $47,635

  • 7 · Other salaries and wages

    total $1,150,718 · program services $1,060,797 · management and general $5,616 · fundraising $84,305

  • 9 · Other employee benefits

    total $96,951 · program services $85,592 · management and general $1,591 · fundraising $9,768

  • 10 · Payroll taxes

    total $100,247 · program services $88,682 · management and general $1,465 · fundraising $10,100

  • 11c · Fees: accounting

    total $59,310 · program services $35,586 · management and general $11,862 · fundraising $11,862

  • 12 · Advertising and promotion

    total $9,790 · program services $9,630 · management and general $103 · fundraising $57

  • 13 · Office expenses

    total $33,409 · program services $29,469 · management and general $2,533 · fundraising $1,407

  • 16 · Occupancy

    total $240,688 · program services $211,227 · management and general $18,939 · fundraising $10,522

  • 22 · Depreciation, depletion and amortization

    total $152,780 · program services $131,391 · management and general $13,750 · fundraising $7,639

  • 23 · Insurance

    total $85,079 · program services $81,781 · management and general $2,121 · fundraising $1,177

  • 24a · Other expenses: SUMMER PROGRAM

    total $233,960 · program services $233,960

  • 24b · Other expenses: SPECIAL EVENTS

    total $91,435 · fundraising $91,435

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $79,748 · program services $79,748

  • 24d · Other expenses: PROFESSIONAL DEVELOPMEN

    total $46,760 · program services $46,760

  • 24e · All other expenses

    total $116,837 · program services $110,422 · management and general $4,124 · fundraising $2,291

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $961,649 · end of year $1,554,273

  • 3 · Pledges and grants receivable

    beginning of year $83,324 · end of year $67,400

  • 9 · Prepaid expenses and deferred charges

    beginning of year $25,684 · end of year $80,566

  • 10a · Land, buildings and equipment: cost or other basis

    $5,415,797

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,917,191

  • 10c · Land, buildings and equipment, net

    beginning of year $2,466,235 · end of year $2,498,606

  • 15 · Other assets

    beginning of year $70,500 · end of year $1,863,105

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,566 · end of year $116,285

  • 19 · Deferred revenue

    beginning of year $20,000 · end of year $119,500

  • 23 · Secured mortgages and notes payable

    beginning of year $19,334 · end of year $13,675

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,842,856

  • 27 · Net assets without donor restrictions

    beginning of year $3,431,992 · end of year $3,391,081

  • 28 · Net assets with donor restrictions

    beginning of year $85,500 · end of year $580,553

Mission and programs · 2022

Mission

FIVER CHILDREN'S FOUNDATION IS A COMPREHENSIVE YOUTH DEVELOPMENT ORGANIZATION THAT EMPOWERS CHILDREN FROM SYSTEMICALLY UNDER-RESOURCED COMMUNITIES TO DEVELOP LIFE SKILLS AND TO REACH THEIR FULL POTENTIAL.

Activities or mission (Part I)

THROUGH OUR ONE-OF-A-KIND TEN-YEAR COMMITMENT, FIVER PROVIDES EXPERIENCES THAT CHALLENGE AND BUILDS RELATIONSHIPS THAT NURTURE SO THAT YOUTH FROM SYSTEMICALLY UNDER-RESOURCED COMMUNITIES IN NEW YORK CAN CREATE THEIR OWN POSITIVE FUTURES.

  • YOUTH DEVELOPMENT- FIVER PROVIDES COUNSELING, MENTORING, AND OTHER SUPPORT TO YOUTH FROM UNDERSERVED COMMUNITIES, INCLUDING OVER 400 CHILDREN THAT ATTENDED CAMP FIVER DURING THE SUMMER.

    Expenses $2,300,315

As filed on the 2022 return.

Listed in Part VII

  • Mary Kay Dunning

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Michele Lallemand Brazil

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Karen Toll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Cokinos

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Caroline F Craig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kan Devnani

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paola Frattaroli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Golaszewski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Justin Lubeley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andrew Mendelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Roper

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Thomas Tucker

    CHAIRMAN EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Bonni Hendrix

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Rawlins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darren Schluter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Luke Glisan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daphne Leroy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aaron Isaacson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryland McClendon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eleine Polido

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christie Ko

    EXECUTIVE DIRECTOR

    Total calculated
    $158,448
    From this org
    $158,448
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,448
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $158,448

  • Mary Dinski

    DEPUTY EXECUTIVE DIRECTOR

    Total calculated
    $111,678
    From this org
    $111,678
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
3 August 2023
IRS schema version
2022v5.0
Source object
202312449349301106

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