Form 990 for tax year 2023
Filed by BEGINNING WITH CHILDREN FOUNDATION INC.
Totals
- Total revenue
- $8,971,436
- Total expenses
- $7,168,159
- Contributions and grants received
- $1,975,761
- Grants paid
- $11,375
- Program service revenue
- $6,720,638
- Investment income
- $200,037
- Other revenue
- $75,000
- Total assets, end of year
- $57,665,350
- Total liabilities, end of year
- $37,566,645
- Net assets or fund balances, end of year
- $20,098,705
- Program services expenses (Part IX)
- $6,508,179
- Management and general expenses
- $297,517
- Fundraising expenses
- $362,463
- Program service expenses (Part III)
- $6,508,179
Program services were 90.8% 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
$1,975,761
-
2a · Program service revenue: CPCSEC SERVICE FEES
total $2,730,848 · related or exempt $2,730,848
-
2b · Program service revenue: RENTAL INCOME - CURRENT YEAR
total $2,210,761 · related or exempt $2,210,761
-
2c · Program service revenue: RENTAL INCOME - FUTURE YEARS
total $1,779,029 · related or exempt $1,779,029
-
3 · Investment income
total $169,839 · excluded $169,839
-
7a · Gross sales of assets other than inventory
securities $106,250
-
7b · Less cost or other basis and sales expenses
securities $76,052
-
7c · Gain or loss
securities $30,198
-
7d · Net gain or loss
total $30,198 · excluded $30,198
-
11a · Other revenue: INSURANCE PROCEEDS
total $75,000 · excluded $75,000
-
11e · Other revenue, total
$75,000
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $11,375 · program services $11,375
-
5 · Compensation of officers, directors and key employees
total $799,854 · program services $670,034 · management and general $57,508 · fundraising $72,312
-
7 · Other salaries and wages
total $1,775,132 · program services $1,710,858 · management and general $1,839 · fundraising $62,435
-
8 · Pension plan contributions
total $94,192 · program services $89,604 · management and general $47 · fundraising $4,541
-
9 · Other employee benefits
total $248,521 · program services $234,586 · management and general $3,480 · fundraising $10,455
-
10 · Payroll taxes
total $180,072 · program services $166,950 · management and general $3,880 · fundraising $9,242
-
11b · Fees: legal
total $50,117 · management and general $50,117
-
11c · Fees: accounting
total $26,499 · management and general $26,499
-
11d · Fees: lobbying
total $54,700 · program services $54,700
-
11e · Fees: professional fundraising services
total $151,231 · fundraising $151,231
-
11g · Fees: other
total $428,975 · program services $419,469 · management and general $9,506
-
12 · Advertising and promotion
total $80,402 · program services $80,402
-
13 · Office expenses
total $116,385 · program services $104,413 · management and general $5,086 · fundraising $6,886
-
14 · Information technology
total $30,314 · program services $22,746 · management and general $371 · fundraising $7,197
-
16 · Occupancy
total $2,686,414 · program services $2,661,732 · management and general $5,669 · fundraising $19,013
-
17 · Travel
total $1,748 · program services $1,224 · management and general $430 · fundraising $94
-
19 · Conferences, conventions and meetings
total $49,563 · program services $39,493 · management and general $918 · fundraising $9,152
-
22 · Depreciation, depletion and amortization
total $176,326 · program services $161,446 · management and general $6,077 · fundraising $8,803
-
23 · Insurance
total $121,047 · management and general $121,047
-
24a · Other expenses: ALUMNI PROGRAM
total $64,782 · program services $64,782
-
24e · All other expenses
total $20,510 · program services $14,365 · management and general $5,043 · fundraising $1,102
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,135,675 · end of year $2,775,699
-
2 · Savings and temporary cash investments
beginning of year $553,431 · end of year $764,894
-
3 · Pledges and grants receivable
beginning of year $193,713 · end of year $494,462
-
9 · Prepaid expenses and deferred charges
beginning of year $112,339 · end of year $182,987
-
10a · Land, buildings and equipment: cost or other basis
$10,170,659
-
10b · Land, buildings and equipment: accumulated depreciation
$1,074,407
-
10c · Land, buildings and equipment, net
beginning of year $9,154,652 · end of year $9,096,252
-
11 · Investments: publicly traded securities
beginning of year $4,640,603 · end of year $4,891,162
-
15 · Other assets
beginning of year $36,978,630 · end of year $39,459,894
-
17 · Accounts payable and accrued expenses
beginning of year $461,798 · end of year $301,916
-
25 · Other liabilities
beginning of year $35,411,314 · end of year $37,264,729
-
27 · Net assets without donor restrictions
beginning of year $15,533,131 · end of year $17,772,280
-
28 · Net assets with donor restrictions
beginning of year $2,362,800 · end of year $2,326,425
Mission and programs · 2023
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 $1,779,029 FOR FUTURE YEAR RENT REVENUES THAT WERE REQUIRED TO BE REPORTED UNDER ASC 842.
Expenses $5,311,887 · Revenue $6,720,638
-
THE LEGACY NETWORK AND FAMILY OUTREACH PROGRAM PROVIDED ONGOING EDUCATIONAL AND CAREER GUIDANCE AND OUTREACH FOR GRADUATES OF ITS PARTNER SCHOOLS.
Expenses $768,891 · Grants $11,375
-
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 $427,401
As filed on the 2023 return.
Listed in Part VII
-
NANCY LEWSON KURZ
CHAIR AND CEO
- Total calculated
- $153,973
- From this org
- $120,415
- From related orgs
- $0
- Other
- $33,558
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $120,415
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $33,558
- Filer's total
- $153,973
-
CHRIS GAULIN
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ERIC HOFFMAN
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
TRAVIS BAIRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DEBORAH GOLDFARB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SONIA GULARDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KOFI KANKAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ERASMO MONTALVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GERALDEEN LICURSE
CFO
- Total calculated
- $260,058
- From this org
- $243,183
- From related orgs
- $0
- Other
- $16,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,183
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875
- Nontaxable benefits
- $0
- Filer's total
- $260,058
-
AMY KOLZ
CHIEF OF SCHOOLS
- Total calculated
- $257,375
- From this org
- $240,500
- From related orgs
- $0
- Other
- $16,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,500
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875
- Nontaxable benefits
- $0
- Filer's total
- $257,375
-
BRIAN STEMMER
DIRECTOR OF FINANCE
- Total calculated
- $178,872
- From this org
- $161,997
- From related orgs
- $0
- Other
- $16,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,997
- Bonus
- $0
- Other
- $0
- Deferred
- $16,875
- Nontaxable benefits
- $0
- Filer's total
- $178,872
-
JENNELLA YOUNG
CHIEF PROGRAM OFFICER
- Total calculated
- $199,371
- From this org
- $164,995
- From related orgs
- $0
- Other
- $34,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,995
- Bonus
- $0
- Other
- $0
- Deferred
- $16,222
- Nontaxable benefits
- $18,154
- Filer's total
- $199,371
-
KEISHA RATTRAY
DIRECTOR OF ACADEMICS
- Total calculated
- $188,388
- From this org
- $161,631
- From related orgs
- $0
- Other
- $26,757
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,631
- Bonus
- $0
- Other
- $0
- Deferred
- $8,603
- Nontaxable benefits
- $18,154
- Filer's total
- $188,388
-
PASCAL ARTAMIN
DIRECTOR OF OPERATIONS
- Total calculated
- $177,999
- From this org
- $146,645
- From related orgs
- $0
- Other
- $31,354
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,645
- Bonus
- $0
- Other
- $0
- Deferred
- $13,200
- Nontaxable benefits
- $18,154
- Filer's total
- $177,999
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
No itemized grants to organizations 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 $1,366,645 · assets $1,093,378
Directly controlled by BEGINNING WITH CHILDREN FOUNDATION
-
250 JAY STREET BWC LLC
REAL ESTATE · NY · income $2,680,793 · assets $32,149,332
Directly controlled by BEGINNING WITH CHILDREN FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349310103
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