Skip to content
Nonprofiteer
← BEGINNING WITH CHILDREN FOUNDATION INC

Form 990 for tax year 2022

Filed by BEGINNING WITH CHILDREN FOUNDATION INC.

Totals

Total revenue
$7,430,523
Total expenses
$6,034,983
Contributions and grants received
$1,047,833
Grants paid
$382,405
Program service revenue
$6,297,726
Investment income
$84,964
Other revenue
$0
Total assets, end of year
$53,769,043
Total liabilities, end of year
$35,873,112
Net assets or fund balances, end of year
$17,895,931
Program services expenses (Part IX)
$5,402,929
Management and general expenses
$282,798
Fundraising expenses
$349,256
Program service expenses (Part III)
$5,402,929

Program services were 89.5% 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.

  • 1f · All other contributions, gifts and grants

    $1,047,833

  • 2a · Program service revenue: CPCSEC SERVICE FEES

    total $2,562,701 · related or exempt $2,562,701

  • 2b · Program service revenue: RENTAL INCOME - FUTURE YEARS

    total $2,355,387 · related or exempt $2,355,387

  • 2c · Program service revenue: RENTAL INCOME - CURRENT YEAR

    total $1,379,638 · related or exempt $1,379,638

  • 3 · Investment income

    total $138,913 · excluded $138,913

  • 7a · Gross sales of assets other than inventory

    securities $1,472,271

  • 7b · Less cost or other basis and sales expenses

    securities $1,526,220

  • 7c · Gain or loss

    securities -$53,949

  • 7d · Net gain or loss

    total -$53,949 · excluded -$53,949

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $382,405 · program services $382,405

  • 5 · Compensation of officers, directors and key employees

    total $626,268 · program services $530,108 · management and general $54,794 · fundraising $41,366

  • 7 · Other salaries and wages

    total $1,525,742 · program services $1,410,542 · management and general $1,069 · fundraising $114,131

  • 8 · Pension plan contributions

    total $94,185 · program services $86,820 · fundraising $7,365

  • 9 · Other employee benefits

    total $195,712 · program services $183,917 · management and general $1,598 · fundraising $10,197

  • 10 · Payroll taxes

    total $144,264 · program services $130,645 · management and general $3,395 · fundraising $10,224

  • 11b · Fees: legal

    total $13,472 · management and general $13,472

  • 11c · Fees: accounting

    total $34,600 · management and general $34,600

  • 11d · Fees: lobbying

    total $48,000 · program services $48,000

  • 11e · Fees: professional fundraising services

    total $100,000 · fundraising $100,000

  • 11g · Fees: other

    total $393,487 · program services $364,460 · management and general $19,524 · fundraising $9,503

  • 13 · Office expenses

    total $126,381 · program services $110,207 · management and general $6,709 · fundraising $9,465

  • 14 · Information technology

    total $17,308 · program services $13,184 · management and general $624 · fundraising $3,500

  • 16 · Occupancy

    total $1,792,435 · program services $1,758,605 · management and general $5,611 · fundraising $28,219

  • 17 · Travel

    total $5,009 · program services $3,804 · management and general $987 · fundraising $218

  • 19 · Conferences, conventions and meetings

    total $43,774 · program services $39,642 · management and general $1,029 · fundraising $3,103

  • 22 · Depreciation, depletion and amortization

    total $175,047 · program services $158,526 · management and general $7,447 · fundraising $9,074

  • 23 · Insurance

    total $128,267 · management and general $128,267

  • 24a · Other expenses: ALUMNI PROGRAM

    total $158,076 · program services $158,076

  • 24e · All other expenses

    total $30,551 · program services $23,988 · management and general $3,672 · fundraising $2,891

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,070,153 · end of year $2,135,675

  • 2 · Savings and temporary cash investments

    beginning of year $341,097 · end of year $553,431

  • 3 · Pledges and grants receivable

    beginning of year $15,857 · end of year $193,713

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,611 · end of year $112,339

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

    $10,052,733

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

    $898,081

  • 10c · Land, buildings and equipment, net

    beginning of year $9,320,690 · end of year $9,154,652

  • 11 · Investments: publicly traded securities

    beginning of year $4,520,642 · end of year $4,640,603

  • 15 · Other assets

    beginning of year $300,940 · end of year $36,978,630

  • 17 · Accounts payable and accrued expenses

    beginning of year $147,340 · end of year $461,798

  • 25 · Other liabilities

    beginning of year $200,120 · end of year $35,411,314

  • 27 · Net assets without donor restrictions

    beginning of year $13,999,030 · end of year $15,533,131

  • 28 · Net assets with donor restrictions

    beginning of year $2,229,500 · end of year $2,362,800

Mission and programs · 2022

Mission

TO IMPROVE PUBLIC EDUCATION OPPORTUNITIES OF URBAN CHILDREN IN NY.

  • BEGINNING WITH CHILDREN FOUNDATION. INC. (BWCF) SUPPORTS ITS TWO PARTNER CHARTER SCHOOLS IN DEVELOPING AND SUSTAINING THE PROGRAMS AND PROFESSIONALS NECESSARY TO DELIVER THE BWCF MODEL WITH EFFICIENT BACK-OFFICE SUPPORT THAT ALLOWS EDUCATORS TO MAXIMIZE THEIR TIME FOCUSED ON PROVIDING QUALITY EDUCATION TO URBAN CHILDREN IN NEW YORK.THE PROGRAM REVENUE REPORTED ABOVE INCLUDES $2,355,387 FOR FUTURE YEAR RENT REVENUES THAT WERE REQUIRED TO BE REPORTED UNDER ASC 842.

    Expenses $4,314,449 · Grants $382,405 · Revenue $6,297,726

  • THE LEGACY NETWORK AND FAMILY OUTREACH PROGRAM PROVIDED ONGOING EDUCATIONAL AND CAREER GUIDANCE AND OUTREACH FOR GRADUATES OF ITS PARTNER SCHOOLS.

    Expenses $860,062

  • THE OUTREACH, PUBLIC COMMUNICATIONS AND NEW SCHOOL DEVELOPMENT PROGRAM ENSURES THE START-UP OF NEW CHARTER SCHOOLS AND THE ACCURATE PRESENTATION OF OUR CHARTER SCHOOL MODELS TO THE COMMUNITIES THEY SERVE AS WELL AS THE GENERAL PUBLIC.

    Expenses $228,418

As filed on the 2022 return.

Listed in Part VII

  • Nancy Lewson Kurz

    CHAIR AND CEO

    Total calculated
    $39,114
    From this org
    $15,415
    From related orgs
    $0
    Other
    $23,699
    Hours/week
    40

  • Marshall King

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Chris Gaulin

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kofi Kankam

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deborah Goldfarb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Hoffman

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Michelle Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Travis Baird

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Erasmo Montalvan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Geraldeen Licurse

    CFO

    Total calculated
    $256,381
    From this org
    $228,358
    From related orgs
    $0
    Other
    $28,023
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,358
    Bonus
    $0
    Other
    $0
    Deferred
    $15,375
    Nontaxable benefits
    $12,648
    Filer's total
    $256,381

  • Amy Kolz

    CHIEF OF SCHOOLS

    Total calculated
    $235,652
    From this org
    $217,650
    From related orgs
    $0
    Other
    $18,002
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,650
    Bonus
    $0
    Other
    $0
    Deferred
    $15,375
    Nontaxable benefits
    $2,627
    Filer's total
    $235,652

  • Brian Stemmer

    CONTROLLER

    Total calculated
    $169,401
    From this org
    $152,160
    From related orgs
    $0
    Other
    $17,241
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,160
    Bonus
    $0
    Other
    $0
    Deferred
    $15,375
    Nontaxable benefits
    $1,866
    Filer's total
    $169,401

  • Jennella Young

    CHIEF PROGRAM OFFICER

    Total calculated
    $175,929
    From this org
    $145,741
    From related orgs
    $0
    Other
    $30,188
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,741
    Bonus
    $0
    Other
    $0
    Deferred
    $14,344
    Nontaxable benefits
    $15,844
    Filer's total
    $175,929

  • Pascal Artamin

    DIRECTOR OF OPERATIONS

    Total calculated
    $166,268
    From this org
    $135,145
    From related orgs
    $0
    Other
    $31,123
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,145
    Bonus
    $0
    Other
    $0
    Deferred
    $12,166
    Nontaxable benefits
    $18,957
    Filer's total
    $166,268

  • Tamara Tucker

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $139,831
    From this org
    $116,397
    From related orgs
    $0
    Other
    $23,434
    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 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BEGINNING WITH CHILDREN PROPERTIES LLC

    INACTIVE · NY · income $0 · assets $0

    Directly controlled by BEGINNING WITH CHILDREN FOUNDATION

  • 11 BARTLETT OWNER LLC

    REAL ESTATE · NY · income $1,299,996 · assets $1,235,912

    Directly controlled by BEGINNING WITH CHILDREN FOUNDATION

  • 250 JAY STREET BWC LLC

    REAL ESTATE · NY · income $2,771,044 · assets $32,784,126

    Directly controlled by BEGINNING WITH CHILDREN FOUNDATION

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202431369349303648

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.