STEM ALLIANCE OF LARCHMONT-MAMARONECK INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: STEM ALLIANCE OF LARCHMONT-MAMARONECK INC (EIN 46-0973552)
Tax period: 2022-09-01 to 2023-08-31
Filed: 2024-07-11
IRS object ID: 202431939349300338
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-07-11T12:19:10-05:00	ReturnTs
Tax Period End	2023-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390974031	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WEGNER CPAS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	230 PARK AVE FL 3	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	101690005	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	460973552	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STEM ALLIANCE OF LARCHMONT-	BusinessNameLine1Txt
Business Name Line2	MAMARONECK INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	STEM	BusinessNameControlTxt
Phone	9144191733	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 528	AddressLine1Txt
City	LARCHMONT	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10538	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARGARET KAUFER	PersonNm
Person Title	PRESIDENT & CHIEF VISIONARY OFFICER	PersonTitleTxt
Phone	9144191733	PhoneNum
Signature	2024-07-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARGARET	PersonFirstNm
Person Last	KAUFER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	YIGIT UCTUM CPA	PreparerPersonNm
PTIN	P01269549	PTIN
Phone	2125511724	PhoneNum
Preparation	2024-07-10	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	STEM ALLIANCE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	MARGARET KAUFER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 528	AddressLine1Txt
City	LARCHMONT	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10538	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$2,600,515	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTPS://THESTEMALLIANCE.ORG/INDEX.HTML	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2012	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE OTHE STEM ALLIANCE WORKS TO CREATE A NETWORK OF STEM LEARNING OPPORTUNITIES THAT BRING CHILDREN AND COMMUNITY MEMBERS TOGETHER TO USE STEM SKILLS AS A MEANS OF SOLVING PROBLEMS AND FOSTERING INNOVATION. WE SEEK TO CONNECT LEARNERS TO STEM SKILLS THAT ARE BOTH URGENTLY NEEDED TO ADDRESS TODAY'S PROBLEMS AND THAT ARE ASSOCIATED WITH HIGHER WAGE EARNING AND FEWER PERIODS OF JOBLESSNESS FOR JOB SEEKERS. AS SUCH, STEM SKILLS ARE A LADDER OF OPPORTUNITY HELPING TO BREAK THE CYCLE OF POVERTY. WE ARE DEDICATED TO EQUAL ACCESS TO STEM ENRICHMENT EXPERIENCES FOR ALL.	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	129	TotalEmployeeCnt
Total Volunteers	200	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$626,537	PYContributionsGrantsAmt
CY Contributions Grants	$1,459,801	CYContributionsGrantsAmt
PY Program Service Revenue	$593,856	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,135,131	CYProgramServiceRevenueAmt
PY Investment Income	-$12,432	PYInvestmentIncomeAmt
CY Investment Income	$3,526	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$2,057	CYOtherRevenueAmt
PY Total Revenue	$1,207,961	PYTotalRevenueAmt
CY Total Revenue	$2,600,515	CYTotalRevenueAmt
PY Grants And Similar Paid	$21,100	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$9,250	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$899,460	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,567,031	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$20,242	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$65,938	CYTotalFundraisingExpenseAmt
PY Other Expenses	$571,185	PYOtherExpensesAmt
CY Other Expenses	$803,574	CYOtherExpensesAmt
PY Total Expenses	$1,491,745	PYTotalExpensesAmt
CY Total Expenses	$2,400,097	CYTotalExpensesAmt
PY Revenues Less Expenses	-$283,784	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$200,418	CYRevenuesLessExpensesAmt
Total Assets BOY	$818,215	TotalAssetsBOYAmt
Total Assets EOY	$1,640,749	TotalAssetsEOYAmt
Total Liabilities BOY	$140,990	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$763,106	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$677,225	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$877,643	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE STEM ALLIANCE BRIDGES SYSTEMIC GAPS IN EDUCATION TO PROVIDE EQUAL ACCESS TO CRITICAL SCIENCE, TECHNOLOGY, ENGINEERING AND MATH LEARNING RESOURCES WITH THE GOAL OF EMPOWERING COMMUNITIES, INSPIRING INNOVATION AND CREATING OPPORTUNITY FOR ALL.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,059,594	ExpenseAmt
Grant	$9,250	GrantAmt
Revenue	$709,752	RevenueAmt
Desc	DIGITAL EQUITY NOW: THERE ARE CURRENTLY APPROXIMATELY 120,000 INDIVIDUALS IN WESTCHESTER COUNTY WITHOUT ACCESS TO A DEVICE, INTERNET CONNECTIVITY, AND/OR BASIC DIGITAL SKILLS. OUR DIGITAL EQUITY INCLUSION SERVICES ARE DESIGNED TO BRIDGE THIS DIGITAL DIVIDE. VIA OUR DIGITAL PATHWAYS PROGRAM - INCLUDING MULTIPLE LARGE SCALE SUBINITIATIVIES - WE BRING DEVICES, INTERNET CONNECTIVITY AND TECHNICAL TRAINING TO INDIVIDUALS IN OUR COMMUNITY WHO OTHERWISE WOULD NOT HAVE ACCESS. AS AN EARLY ENTRANT INTO THE MARKET FOR THESE SERVICES, THE STEM ALLIANCE HAS DEVELOPED A POSITION AS A MARKET LEADER ACROSS WESTCHESTER COUNTY AND HAS THEREFORE BECOME A TRUSTED PARTNER OF STATE AND LOCAL GOVERNMENTS TO CONDUCT MARKET RESEARCH AND ADMINISTER SERVICES. PRE AND POST-SURVEY RESULTS OF 2,505 CLIENTS WHO RECEIVED TECH EDUCTION AND EARNED A FREE CHROMEBOOK SHOW:- A 13 PERCENRAGE POINT INCREASE IN THE NUMBER OF CLIENTS WHO NOW FEEL COMFORTABLE OR VERY COMFORTABLE ON A COMPUTER - CLIENTS PLAN TO USE THEIR DEVICES FOR CRITICAL JOB RELATED SKILLS: - 90% TO SEND/RECEIVE E-MAILS - 82% TO PARTICIPATE IN MEETINGS WITH VIDEO CONFERENCING - 90% TO RESEARCH NEW INFORMATION ONLINE- ON AVERAGE, MORE THAN 3X AS MANY CLIENTS WERE COMFORTABLE OR VERY COMFORTABLE ON WORKFORCE PLATFORMS AT THE END OF THE PROGRAM (DOCS, SHEETS, SLIDES & CALENDAR)- SPANISH LANGUAGE SPEAKERS CAME INTO THE PROGRAM WITH LESS CONFIDENCE IN THEIR COMPUTER ABILITIES THAN THEIR ENGLISH SPEAKING PEERS, HOWEVER THEY MADE THE LARGEST GAINS IN CONFIDENCE AFTER THE PROGRAM, CLOSING THE CONFIDENCE GAP WITH ENGLISH SPEAKERS ACROSS MANY INDICATORS. - 98% OF PARTICIPANTS RATED OUR PROGRAMMING OF HIGH QUALITYOUR LONG-TERM PROGRAM IMPACT SURVEY OF 141 CLIENTS 3-6 MONTHS AFTER BEING PROVIDED WITH DIGITAL INCLUSION SERVICES SHOWS:- 81% ARE ABLE TO BETTER MANAGE MONEY AND PERSONAL FINANCES- 74% ARE ABLE TO BETTER SAVE MONEY- 57% HAVE IMPROVED WORKFORCE SKILLS- 45% WERE ABLE TO START A NEW BUSINESS OR MARKET A PRE-EXISTING ONE	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$439,082	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$293,147	RevenueAmt
Desc	CO-OP SUMMER ENRICHMENT: THE STEM ALLIANCE IS HIRED BY THE MAMARONECK UNION FREE SCHOOL DISTRICT TO ORGANIZE AND RUN THE CO-OP SUMMER ENRICHMENT PROGRAM, OUR AREA'S ONLY SUMMER PROGRAM FOR LOW INCOME CHILDREN. ESTABLISHED OVER FIFTY YEARS AGO, CO-OP SUMMER ENRICHMENT PROGRAM PROVIDES SIX WEEKS OF STEM FOCUSED ACADEMIC AND SUMMER RECREATIONAL EXPERIENCES FOR 240 MAMARONECK SCHOOL DISTRICT ELEMENTARY STUDENTS AND TWO WEEKS OF PROGRAMMING FOR ABOUT 50 MIDDLE SCHOOL STUDENTS. IN 2023, THE STEM ALLIANCE WON THE NATIONAL SUMMER LEARNING ASSOCIATION/NY LIFE'S EXCELLENCE IN SUMMER LEARNING AWARD, LENDING NATIONAL RECOGNITION TO OUR WORK. 90% OF THE STUDENTS WHO ATTEND RECEIVE FREE LUNCH OR REDUCED LUNCH. THE REMAINING 10% OF STUDENTS ARE NOMINATED FOR THE PROGRAM BY A PROFESSIONAL EDUCATOR BASED UPON SOCIAL, EMOTIONAL OR ACADEMIC NEEDS. THE PROGRAM ALSO EMPLOYS MORE THAN 60 DIVERSE, LOCAL TEENAGERS AND YOUNG ADULTS TO PROMOTE LEADERSHIP OPPORTUNITIES AND EMPLOYMENT IN STEM EDUCATION. CO-OP SERVES A CRITICAL ROLE IN THE OVERALL ACADEMIC SUCCESS OF AT-RISK STUDENTS. 72% OF CO-OP CAMPERS ARE HISPANIC. 72% SCORED BELOW GRADE LEVEL ON THE STATE ENGLISH LANGUAGE ASSESSMENT TESTS. THIS PROGRAM SERVES AS A SUMMER SLIDE INITIATIVE WHILE ALSO CONNECTING UNDERSERVED CHILDREN TO STEM SKILLS THAT ARE DIRECTLY RELATED TO FUTURE EMPLOYABILITY AND HIGHER WAGES. THE RESEARCH ON SUMMER LEARNING IS LARGELY A CONFIRMATION OF WHAT WE INTUITIVELY KNOW: CHILDREN'S EXPERIENCES OUTSIDE OF SCHOOL ARE CRUCIALLY IMPORTANT TO THEIR SOCIAL AND ACADEMIC GROWTH. HIGH-QUALITY SUMMER LEARNING OPPORTUNITIES CAN SUPPORT AND IMPROVE A YOUNG PERSON'S SOCIAL, ACADEMIC, PHYSICAL, AND EMOTIONAL DEVELOPMENT. CONVERSELY, YOUTH WHO LACK ACCESS TO ENRICHING SUMMER EXPERIENCES, SUFFER NOT ONLY SLOWED DEVELOPMENT, BUT ALSO AN ACTUAL DECLINE IN SKILLS OVER THE SUMMER MONTHS. THE NEGATIVE RESULTS OF THIS PHENOMENON, OFTEN CALLED "SUMMER LEARNING LOSS OR THE SUMMER "BRAIN DRAIN," ARE CUMULATIVE AND, OVER TIME, CONTRIBUTE TO THE ACHIEVEMENT GAP BETWEEN LOW AND HIGH INCOME STUDENTS. THE DECLINE IN ACADEMIC PERFORMANCE OVER THE SUMMER MONTHS IS DISPROPORTIONATELY HIGH FOR LOW-INCOME STUDENTS, THOSE LEAST LIKELY TO HAVE ACCESS TO SUMMER LEARNING OPPORTUNITIES. TO COMBAT SUMMER SLIDE AND INCREASE STEM EDUCATION OPPORTUNITIES FOR OUR MOST VULNERABLE LOCAL CHILDREN, THE STEM ALLIANCE CREATED AN INNOVATIVE SUMMER PROGRAM THAT TEACHES CRITICAL STEM SKILLS WHILE ALSO PROMOTING SUMMER FUN. IN A TYPICAL SUMMER, CO-OP STUDENTS ROTATE THROUGH ONE WEEK PROJECT-BASED LEARNING INQUIRIES IN STEM DISCIPLINES SUCH AS: DISSECTION, FLIGHT, STOP MOTION ANIMATION, DESIGN LAB, TECHNOLOGY AND WATER ENGINEERING. ADDITIONAL STEM LEARNING EXPERIENCES INCLUDE ACTIVITY ROOMS WITH THEMES LIKE ENGINEERING AND MATH. FINALLY, STUDENTS TAKE FIELD TRIPS TO LOCATIONS SUCH AS NY HALL OF SCIENCE, HUDSON RIVER MUSEUM, MARITIME AQUARIUM AND OTTER CREEK OR PARTICIPATE IN ON-SITE WORKSHOPS FROM THE WESTCHESTER CHILDREN'S MUSEUM AND THE MARITIME AQUARIUM.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$325,022	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$132,232	RevenueAmt
Desc	STEM EDUCATION AND EQUITY:STEM EDUCATION AND EQUITY SERVICES ARE DESIGNED TO BRIDGE SYSTEMIC GAPS IN STEM EDUCATION. VIA 26 PARTNERSHIPS WITH LOCAL ORGANIZATIONS, WE DELIVERED 97 HIGH QUALITY STEM PROGRAMS OVER THE PAST YEAR FOR A TOTAL OF 10,000+ OF PROGRAM HOURS. OUR PROGRAMS SERVED 2,500+ STUDENTS FROM PRE-K THROUGH HIGH SCHOOL, WITH 64% OF ALL PROGRAMMING SERVING BIPOC COMMUNITIES. WITH THIS WORK, WE EDUCATE, INSPIRE, AND EMPOWER THE NEXT GENERATION OF STEM LEADERS. OUR CLASSES, WORKSHOPS, AND POP-UPS, AND ARE OFTEN ORGANIZED FOR AFFINITY GROUPS SUCH AS ALL GIRLS PROGRAMS TO CREATE SAFE LEARNING ENVIRONMENTS FOR UNDERSERVED POPULATIONS TO EXPLORE STEM LEARNING IN A WELCOMING ENVIRONMENT. AS PART OF OUR EQUITY EFFORTS, WE ALSO OFFER REDUCTIONS IN TUITION COSTS AND EVEN FREE PROGRAMMING FOR STUDENTS IN NEED. THIS FULFILLS OUR MISSION TO CREATE EQUAL ACCESS TO STEM ENRICHMENT EXPERIENCES FOR ALL CHILDREN IN OUR COMMUNITY REGARDLESS OF THEIR SOCIOECONOMIC STATUS.BEYOND AFTER SCHOOL PROGRAMS, THE STEM ALLIANCE LEADS NUMEROUS OTHER COMMUNITY PROGRAMS THROUGHOUT THE YEAR. THESE INCLUDE BUT ARE NOT LIMITED TO:- STEM-TASTIC: A FREE FESTIVAL FOR OVER 1,000 PEOPLE THAT BRINGS STEM TO LIFE WITH HANDS-ON ACTIVITIES. - FIRST LEGO LEAGUE ROBOTICS TEAMS THAT PARTICIPATE IN REGIONAL COMPETITIONS STRIVING TO ADVANCE IN THEIR LEAGUES; - TINKERING NIGHTS AT LOCAL ELEMENTARY SCHOOLS:FAMILY EVENTS DESIGNED TO ENGAGE CHILDREN AND PARENTS ALIKE IN THE PROCESS OF "MAKING AND EXPLORING ALONG A THEME SUCH AS MAGNETS OR ELECTRICITY.- AMC-8 MATH EXAM PREP CLUB A MIDDLE SCHOOL CLUB THAT HELPS STUDENTS PREPARE FOR A HIGHLY COMPETITIVE NATIONAL MATH EXAM.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$1,823,698	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	129	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MARGARET KAUFER	PersonNm
Phone	9144191733	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 528	AddressLine1Txt
City	LARCHMONT	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10538	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MARGARET KAUFER
PRESIDENT AND CHIEF VISIONARY OFFICER	45.00	Yes (X)	Yes (X)	$75,833	$0	$0
MARK MANLEY
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
AARTHI MUTHUKRISHNAN
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
PIETRO CATIZONE
DIRECTOR	1.00	Yes (X)		$0	$0	$0
NILESH JAIN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
LAUREN BUONOME
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SARAH COADY
BOARD CHAIR	3.00	Yes (X)	Yes (X)	$0	$0	$0
STEVEN STIEGLITZ
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JOY CHAILLOU
DIRECTOR	1.00	Yes (X)		$0	$0	$0
IRENE IANUZZI
DIRECTOR	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$75,833	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$182,500	FederatedCampaignsAmt
Government Grants	$391,145	GovernmentGrantsAmt
All Other Contributions	$886,156	AllOtherContributionsAmt
Total Contributions	$1,459,801	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	EDUCATIONAL PROGRAMS	Desc
Business	611699	BusinessCd
Total Revenue Column	$1,135,131	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,135,131	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,135,131	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,526	TotalRevenueColumnAmt
Exclusion	$3,526	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,057	TotalRevenueColumnAmt
Exclusion	$2,057	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,057	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,600,515	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,135,131	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$5,583	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$9,250	TotalAmt
Program Services	$9,250	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$80,000	TotalAmt
Program Services	$64,000	ProgramServicesAmt
Management And General	$12,000	ManagementAndGeneralAmt
Fundraising	$4,000	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,338,336	TotalAmt
Program Services	$1,035,161	ProgramServicesAmt
Management And General	$280,291	ManagementAndGeneralAmt
Fundraising	$22,884	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$34,491	TotalAmt
Program Services	$14,486	ProgramServicesAmt
Management And General	$20,005	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$114,204	TotalAmt
Program Services	$87,542	ProgramServicesAmt
Management And General	$24,549	ManagementAndGeneralAmt
Fundraising	$2,113	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$45,931	TotalAmt
Management And General	$45,931	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$20,242	TotalAmt
Fundraising	$20,242	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$48,496	TotalAmt
Program Services	$27,166	ProgramServicesAmt
Management And General	$16,406	ManagementAndGeneralAmt
Fundraising	$4,924	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$208,821	TotalAmt
Program Services	$175,913	ProgramServicesAmt
Management And General	$21,333	ManagementAndGeneralAmt
Fundraising	$11,575	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$358,158	TotalAmt
Program Services	$330,626	ProgramServicesAmt
Management And General	$27,532	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$65,594	TotalAmt
Program Services	$42,179	ProgramServicesAmt
Management And General	$23,415	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$27,081	TotalAmt
Program Services	$15,664	ProgramServicesAmt
Management And General	$11,217	ManagementAndGeneralAmt
Fundraising	$200	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,093	TotalAmt
Program Services	$4,583	ProgramServicesAmt
Management And General	$510	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$34,995	TotalAmt
Program Services	$10,612	ProgramServicesAmt
Management And General	$24,383	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,405	TotalAmt
Program Services	$6,516	ProgramServicesAmt
Management And General	$2,889	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,400,097	TotalAmt
Program Services	$1,823,698	ProgramServicesAmt
Management And General	$510,461	ManagementAndGeneralAmt
Fundraising	$65,938	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$375,498	BOYAmt
EOY	$277,738	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$200,026	BOYAmt
EOY	$14,520	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$92,094	BOYAmt
EOY	$219,979	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$109,670	BOYAmt
EOY	$330,886	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$52,851	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$18,435	BOYAmt
EOY	$57,245	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$25,463	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$8,064	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$22,492	BOYAmt
EOY	$17,399	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$670,131	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$818,215	BOYAmt
EOY	$1,640,749	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$140,990	BOYAmt
EOY	$111,650	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$651,456	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$140,990	BOYAmt
EOY	$763,106	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$217,067	BOYAmt
EOY	$284,903	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$460,158	BOYAmt
EOY	$592,740	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$677,225	BOYAmt
EOY	$877,643	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$818,215	BOYAmt
EOY	$1,640,749	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$200,418	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$235,424	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$349,361	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,461,738	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$626,537	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,459,801	CurrentTaxYearAmt
Total	$4,132,861	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$235,424	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$349,361	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,461,738	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$626,537	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,459,801	CurrentTaxYearAmt
Total	$4,132,861	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,875,523	SubstantialContributorsTotAmt
Public Support Total170	$2,257,338	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$9	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,135	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,526	CurrentTaxYearAmt
Total	$4,670	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$4,137,531	TotalSupportAmt
Gross Receipts Rltd Activities	$2,779,443	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.54560	PublicSupportCY170Pct
Public Support PY170	0.63910	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$25,463	OtherCostOrOtherBasisAmt
Depreciation	$8,064	DepreciationAmt
Book Value	$17,399	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$17,399	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
SECURITY DEPOSITS	$22,446
OPERATING RIGHT OF USE ASSET	$647,685

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$670,131	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE LIABILITIES	Desc
Amt	$651,456	Amt

Field	Value	IRS element (for citing)
Total Liability	$651,456	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$2,652,949	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$52,434	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$52,434	RevenueNotReportedAmt
Revenue Subtotal	$2,600,515	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$2,600,515	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,452,531	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$52,434	DonatedServicesUseFcltsAmt
Expenses Not Reported	$52,434	ExpensesNotReportedAmt
Expenses Subtotal	$2,400,097	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,400,097	TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHOICE WORDS	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	134 MAIN STREET	AddressLine1Txt
City	NEW PALTZ	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	12561	ZIPCd

Field	Value	IRS element (for citing)
Activity	GRANT WRITING	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$0	GrossReceiptsAmt
Retained By Contractor	$20,242	RetainedByContractorAmt
Net To Organization	-$20,242	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Retained By Contractors	$20,242	TotalRetainedByContractorsAmt
Total Net To Organization	-$20,242	TotalNetToOrganizationAmt
Licensed States	NY	LicensedStatesCd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15	THE FULL BOARD OF DIRECTORS OF THE NONPROFIT WILL ANNUALLY EVALUATE ALL SALARIES OF HIGHLY COMPENSATED EMPLOYEES. THE EXECUTIVE COMMITTEE WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY AND BENEFITS) OF ANY HIGHLY COMPENSATED EMPLOYEES OR CONSULTANTS BASED ON A REVIEW OF COMPARABILITY DATA. FOR EXAMPLE, THE EXECUTIVE COMMITTEE WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: 1. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; 2. WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS; 3. DOCUMENTED TELEPHONE CALLS ABOUT SIMILAR POSITIONS AT BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS; AND 4. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.