2025-05-13T12:01:07-05:00 2024-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-07-01 135562191 THE CHILDREN'S AID SOCIETY CHIL 2129494800 117 W 124TH STREET NEW YORK NY 10027 PHOEBE BOYER PRESIDENT/CEO 2129494800 2025-05-13 1 1 SCOTT THOMPSETT P00741490 2125990100 2023 2025-03-06 01:10:19Z PHOEBE BOYER 117 W 124TH STREET NEW YORK NY 10027 335273915 0 X WWW.CHILDRENSAIDNYC.ORG X 1855 NY OUR MISSION IS TO HELP CHILDREN IN POVERTY SUCCEED AND THRIVE. 28 28 2342 125 154173 105160 23147370 21350393 123543000 126704103 21307800 12000503 5229244 5429451 173227414 165484450 4306100 4207613 0 0 108026124 115766306 0 0 3009613 54703190 58790195 167035414 178764114 6192000 -13279664 530998942 542082732 137710999 138284762 393287943 403797970 X CHILDREN'S AID HELPS CHILDREN IN POVERTY TO SUCCEED AND THRIVE. WE DO THIS BY PROVIDING COMPREHENSIVE SUPPORTS TO CHILDREN AND THEIR FAMILIES IN TARGETED, HIGH-NEEDS NEW YORK CITY NEIGHBORHOODS. (CONTINUED ON SCHEDULE O)CONTINUATION OF ORGANIZATION'S MISSION:WE BELIEVE ALL CHILDREN HAVE LIMITLESS POTENTIAL. BUT FOR THOSE GROWING UP SURROUNDED BY POVERTY, FAMILY INSTABILITY, AND PHYSICAL OR EMOTIONAL STRESS, LIFE IS TOO OFTEN ABOUT SURVIVAL, NOT POSSIBILITY. IT'S UNACCEPTABLE THAT IN NEW YORK, A CITY OF HISTORIC OPPORTUNITY, SO MANY OF OUR CHILDREN FACE SERIOUS BARRIERS TO REALIZING THEIR OWN PROMISE.CHILDREN'S AID IS A PROFESSIONAL POWERHOUSE OF SOLUTIONS FOR YOUNG PEOPLE. WE ARE TEACHERS AND SOCIAL WORKERS, COACHES AND HEALTH CARE PROVIDERS. WE KNOW WHAT IT TAKES TO ENSURE CHILDREN GROW UP STRONG AND HEALTHY, AND READY TO THRIVE IN SCHOOL AND LIFE: EXCELLENT EDUCATION AND HEALTH CARE, SOCIAL-EMOTIONAL SUPPORT, AND STRONG, STABLE FAMILIES. 0 0 65654091 1713528 67381850 THE CHILD WELFARE AND FAMILY SERVICES ("CWFS") DIVISION PROMOTES CHILD AND FAMILY STABILITY THROUGH A RANGE OF PROGRAMS. WE FIND HIGH-QUALITY, LOVING HOMES FOR CHILDREN PLACED IN FOSTER CARE AND SUPPORT PARENTS SEEKING TO REUNIFY WITH THEIR CHILDREN. HOME-BASED SERVICES ARE PROVIDED FOR CHILDREN AT RISK OF FOSTER CARE PLACEMENT. OUR FAMILY WELLNESS PROGRAM OFFERS COMPREHENSIVE SERVICES TO FAMILIES IMPACTED BY DOMESTIC VIOLENCE. (CONTINUED ON SCHEDULE O)CHILD WELFARE AND FAMILY SERVICES (CONTINUED)CWFS IS THE HOME FOR OUR PREVENTIVE PROGRAMS, FOSTER CARE SERVICES, AND HOMEMAKER SERVICES, IN ADDITION TO OUR DOMESTIC VIOLENCE PREVENTION PROGRAMS AND SERVICES FOR DISCONNECTED YOUTH. THE NEXT GENERATION CENTER SUPPORTS TEENS AND YOUNG ADULTS, PARTICULARLY THOSE AGING OUT OF FOSTER CARE, IN THEIR TRANSITION TO ADULTHOOD. THE DIVISION SERVED 4,066 CHILDREN AND 2,107 FAMILIES LAST FISCAL YEAR.EXAMPLES OF OUR SUCCESS INCLUDE DURING THE 2023-2024 SCHOOL YEAR, CHILDREN'S AID HAD 59 STUDENTS ENROLLED IN COLLEGE AND GRADUATE PROGRAMS. ADDITIONALLY, 15 HIGH SCHOOL SENIORS GRADUATED AND OPTED TO ATTEND COLLEGE IN FALL 2024. THIS REPRESENTS 94% OF ON TRACK HIGH SCHOOL SENIORS WHO WERE ACCEPTED INTO COLLEGE. 39986010 2151422 26125273 THE YOUTH DIVISION FOCUSES ON AGES 5 TO ADOLESCENCE/YOUNG ADULT AND PROMOTES PHYSICAL, SOCIAL, AND EMOTIONAL WELL-BEING AS KEY FACTORS FOR HIGH SCHOOL GRADUATION AND COLLEGE SUCCESS. YOUTH PROGRAMS OPERATE IN CHILDREN'S AID LOCATIONS AND IN FULL-SERVICE COMMUNITY SCHOOL PARTNERSHIPS, AND ENGAGE CHILDREN, FAMILIES, SCHOOLS AND COMMUNITIES THROUGH AN INTEGRATED FOCUS ON ACADEMICS, SERVICES, SUPPORTS, AND OPPORTUNITIES. (CONTINUED ON SCHEDULE O) YOUTH (CONTINUED)CORE SERVICES INCLUDE OUT-OF-SCHOOL TIME PROGRAMS IN CHILDREN'S AID COMMUNITY CENTERS AND SCHOOLS, SUMMER CAMPS, ATHLETIC PROGRAMMING, AND THROUGH THE NATIONAL CENTER FOR COMMUNITY SCHOOLS, WHICH PROVIDES TECHNICAL ASSISTANCE TO DEVELOP THE COMMUNITY SCHOOL MODEL NATIONALLY AND INTERNATIONALLY. WE SERVED ABOUT 10,600 YOUTH AND 5,500 ADULT PARTICIPANTS IN FY24.OUR OLDER YOUTH SERVICES INCLUDE THE CARRERA-ADOLESCENT PREGNANCY PREVENTION PROGRAM, WHICH MEETS THE TOP-TIER EVIDENCE OF EFFECTIVENESS STANDARDS BY THE COALITION FOR EVIDENCE-BASED POLICY. SERVICES ALSO INCLUDE THE COLLEGE AND CAREER ACCESS AND SUCCESS PROGRAM PROVIDING ASSISTANCE TO HELP YOUNG PEOPLE MAKE POST-SECONDARY PATHWAYS (COLLEGE AND/OR CAREER) ATTAINABLE, THE HOPE LEADERSHIP ACADEMY, WHICH PROVIDES WRAP-AROUND SUPPORTS AND DEVELOPS LEADERSHIP THROUGH A PEER EDUCATION MODEL, AND TEEN EMPLOYMENT SERVICES, SUCH AS SUMMER YOUTH EMPLOYMENT PROGRAM AND CORPORATE INTERNSHIPS. WE SUPPORT YOUTH THROUGH PROGRAMS AT 20 COMMUNITY SCHOOLS, FIVE COMMUNITY CENTERS, OUR WAGON ROAD RESPITE CAMP IN CHAPPAQUA, NEW YORK AND A RANGE OF COLLEGE AND CAREER SERVICES FOR YOUTH AGED 18 TO 22. THE YOUTH DIVISION ALSO PROVIDES MANAGEMENT AND TECHNICAL SUPPORT TO THE CHILDREN'S AID COLLEGE PREP CHARTER SCHOOL, A K-8 CHARTER SCHOOL WITH APPROXIMATELY 600 ENROLLED SCHOLARS. DURING THE 23-24 SCHOOL YEAR, ACROSS ALL 5 OF OUR CENTERS AND 15 OF OUR K-8 COMMUNITY SCHOOLS, WE SCREENED 2,540 STUDENTS USING A VALIDATED SOCIAL EMOTIONAL LEARNING INSTRUMENT, THE DESSA-MINI. WE ALSO SCREENED OUR YOUTH IN THE NEED FOR INSTRUCTION CATEGORY WITH THE FULL DESSA.BY THE SPRING, 89% DEMONSTRATED TYPICAL OR STRONG SOCIAL EMOTIONAL SKILLS, 5 PERCENTAGE POINTS OVER NATIONAL NORMS. 52% OF YOUTH IN NEED FOR INSTRUCTION IMPROVED TO TYPICAL OR STRENGTH BY THE SPRING AND 65% INCREASED THEIR OVERALL SCORE. IN OUR HIGH SCHOOLS, 100% OF OUR COHORT 2024 GRADUATES HAD A POST SECONDARY PLAN AND 95% WERE ACCEPTED TO AT LEAST ONE COLLEGE. 22629368 212207 17811588 THE HEALTH AND WELLNESS DIVISION PROVIDES HIGH-QUALITY SERVICES THAT REDUCE HEALTH DISPARITIES AMONG CHILDREN AND FAMILIES LIVING IN POVERTY, INCLUDING COMPREHENSIVE MEDICAL, MENTAL HEALTH, AND DENTAL SERVICES DELIVERED BY PEDIATRICIANS, NURSE PRACTITIONERS, SOCIAL WORKERS, PSYCHIATRISTS, DENTISTS, HEALTH EDUCATORS, MEDICAL ASSISTANTS, AND OTHER SUPPORT STAFF. SPECIALIZED PROGRAMS ALSO PROVIDE CARE COORDINATION AND EDUCATE CHILDREN AND FAMILIES ABOUT THE BENEFITS OF HEALTHY LIVING THROUGH DIET, NUTRITION, AND EXERCISE. (CONTINUED ON SCHEDULE O)HEALTH AND WELLNESS (CONTINUED)WHEN MEDICAL CARE IS CONVENIENT AND ACCESSIBLE, MORE CHILDREN LIVE HEALTHIER LIVES. CHILDREN'S AID PROVIDES MEDICAL, REPRODUCTIVE, MENTAL HEALTH, DENTAL, AND HEALTH EDUCATION SERVICES IN SIX SCHOOL-BASED AND TWO COMMUNITY-BASED HEALTH CENTERS. 7,349 PATIENTS WERE SEEN DURING 52,896 VISITS IN FY24. PATIENT VISITS FOR BEHAVIORAL HEALTH SERVICES INCREASED 36% BETWEEN 2019 AND 2024. HEALTH SERVICES ARE TAILORED TO MEET THE SPECIAL NEEDS OF CHILDREN AND ADOLESCENTS, AND THE DIVISION SPECIALIZES IN PROVIDING HEALTH CARE TO CHILDREN IN FOSTER CARE. 15085986 97220 14498332 EARLY CHILDHOODTHE EARLY CHILDHOOD DIVISION PREPARES YOUNG CHILDREN (AGES 0 TO 5) FOR SCHOOL SUCCESS BY WORKING WITH FAMILIES TO ADVANCE CHILDREN'S PHYSICAL, SOCIAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT AND TO INSTILL IN THEM A LIFELONG LOVE OF LEARNING. CORE SERVICES INCLUDE HOME-BASED AND CENTER-BASED PROGRAMS THAT FEATURE RESEARCH-BASED CURRICULA, LOW CHILD-TO-TEACHER RATIOS, AND STRONG PARENT ENGAGEMENT. OUR EARLY CHILDHOOD DIVISION HAS 9 EARLY CHILDHOOD SITES SERVING 750 CHILDREN. AT THE END OF LAST SCHOOL YEAR (2023-2024): 71% OF OUR CHILDREN WITH DEVELOPMENTAL DELAYS WERE 'MEETING OR 'EXCEEDING' EXPECTATIONS IN THE DOMAIN OF SOCIAL EMOTIONAL DEVELOPMENT. 77% OF OUR TYPICALLY DEVELOPING CHILDREN WERE 'MEETING OR 'EXCEEDING' EXPECTATIONS IN THE DOMAIN OF LANGUAGE & LITERACY. 3056781 33236 887060 COLLECTIVE IMPACT & THE NATIONAL CENTER FOR COMMUNITY SCHOOLSTHE NATIONAL CENTER FOR COMMUNITY SCHOOLS OFFERS TECHNICAL ASSISTANCE IN ALL ASPECTS OF DESIGNING, IMPLEMENTING, AND SUSTAINING COMMUNITY SCHOOLS TO MEET THE UNIQUE NEEDS AND STRENGTHS OF INDIVIDUAL COMMUNITIES. SERVICES ARE TARGETED TO INDIVIDUAL SCHOOLS, SCHOOL BOARD AND DISTRICT ADMINISTRATORS, FUNDERS, EDUCATION REFORM LEADERS, COMMUNITY ORGANIZATIONS, AND OTHERS THROUGH FACILITATED PLANNING, CONSULTATION, WORKSHOPS AND ONGOING SUPPORT.SINCE 1994, THE NATIONAL CENTER HAS PROVIDED TECHNICAL ASSISTANCE TO MANY OF THE NATIONAL AND INTERNATIONAL COMMUNITY SCHOOL INITIATIVES. VIA CUSTOMIZED TRAINING, CONSULTATION, FACILITATION, PUBLICATIONS, AND ADVOCACY, WE HELP BUILD THE CAPACITY OF SCHOOLS, DISTRICTS, COMMUNITY PARTNERS, AND GOVERNMENT AGENCIES TO ORGANIZE THEIR HUMAN AND FINANCIAL RESOURCES AROUND STUDENT SUCCESS. 18142767 130456 15385392 146412236 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 256 0 1 2342 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ CA CT FL MD MA NJ NY OH PA VA X X EZRA MILLER CFO 2129494800 117 W 124TH STREET NEW YORK NY 10027 JILL S OLSON CHAIR 5.00 0.00 X X 0 0 0 GREGORY E KERR MD VICE CHAIR 5.00 0.00 X X 0 0 0 BETH LEVENTHAL VICE CHAIR 5.00 0.00 X X 0 0 0 EREN ROSENFELD SECRETARY (THRU 06/2024)/TRUSTEE 5.00 0.00 X X 0 0 0 SUZANNE WALTMAN TRUSTEE/SECRETARY (AS OF 06/2024) 5.00 0.00 X X 0 0 0 ELLEN JEWETT TREASURER 5.00 0.00 X X 0 0 0 PETER WALLACE ASST. TREASURER 5.00 0.00 X X 0 0 0 ALAN E KATZ TRUSTEE 5.00 0.00 X 0 0 0 ASHISH BHUTANI TRUSTEE 5.00 0.00 X 0 0 0 BRAD SILVER TRUSTEE 5.00 0.00 X 0 0 0 CHRISTOPHER R LAWRENCE TRUSTEE (THRU 06/2024) 5.00 0.00 X 0 0 0 DAVID MARKUS TRUSTEE (AS OF 12/2023) 5.00 0.00 X 0 0 0 IVAN GIRAUD TRUSTEE (AS OF 12/2023) 5.00 0.00 X 0 0 0 JAY S NYDICK TRUSTEE 5.00 0.00 X 0 0 0 JOSE TAVAREZ TRUSTEE 5.00 0.00 X 0 0 0 KELLY TULLIER TRUSTEE 5.00 0.00 X 0 0 0 LAUREL FITZPATRICK TRUSTEE (AS OF 06/2024) 5.00 0.00 X 0 0 0 LAUREN RAZOOK ROTH TRUSTEE 5.00 0.00 X 0 0 0 LINDA KAO TRUSTEE 5.00 0.00 X 0 0 0 MADELEINE SCHACHTER TRUSTEE 5.00 0.00 X 0 0 0 MICHAEL GOSS TRUSTEE 5.00 0.00 X 0 0 0 RAJA FLORES TRUSTEE 5.00 0.00 X 0 0 0 RICK MCNABB TRUSTEE 5.00 0.00 X 0 0 0 ROSELLY MOLINA TRUSTEE (AS OF 12/2023) 5.00 0.00 X 0 0 0 RUSSELL DIAMOND TRUSTEE 5.00 0.00 X 0 0 0 SEBASTIAN GUTH TRUSTEE 5.00 0.00 X 0 0 0 TOM REYNOLDS TRUSTEE 5.00 0.00 X 0 0 0 YASMEEN MOCK TRUSTEE 5.00 0.00 X 0 0 0 YASSAMAN SALAS TRUSTEE (AS OF 06/2024) 5.00 0.00 X 0 0 0 PHOEBE BOYER PRESIDENT/CEO 40.00 0.00 X 542450 0 63791 MARTIN BAICKER CHIEF OPERATING OFFICER 40.00 0.00 X 165567 0 13338 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 40.00 0.00 X 345944 0 47935 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 40.00 0.00 X 285310 0 16546 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 40.00 0.00 X 284785 0 36874 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 278434 0 41508 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 40.00 0.00 X 312378 0 23147 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 40.00 0.00 X 247302 0 0 MORIA CAPPIO CHIEF OF STAFF 40.00 0.00 X 237565 0 22427 RHONDA BRAXTON VICE PRESIDENT 40.00 0.00 X 213164 0 39290 2912899 0 304856 117 0 1 0 CDW LLC PO BOX 75723 CHICAGO IL 606755723 INFORMATION TECHNOLOGY 2519864 CERITY PARTNERS 99 PARK AVENUE 16TH FLOOR NEW YORK NY 10016 INVESTMENT ADVISORY 1679862 COHEN & GRESSER LLP 800 THIRD AVENUE NEW YORK NY 10022 LEGAL SERVICES 1414245 KERI TOURS INC DBA - CAMPUS COACH 545 FIFTH AVENUE SUITE 609 NEW YORK NY 10017 TRANSPORTATION 722458 MITCHELL MARTIN INC 550 SEVENTH AVE 16TH FLR NEW YORK NY 10018 STAFFING 597500 67 2225213 19125180 1554126 21350393 GOV'T FEES & CONTRACTS 611710 114049985 114049985 PROGRAM FEES 611710 11723189 11723189 HEALTH AND WELLNESS CLINICS 624100 930929 930929 126704103 5082895 154173 4928722 2733306 0 2733306 2733306 2733306 175985000 169067392 6917608 6917608 6917608 143205 2225213 722073 -578868 -578868 CHARTER SCHOOL ADMIN SVCS 900099 3002366 3002366 MISCELLANEOUS INCOME 900099 272647 272647 3275013 165484450 126704103 154173 17275781 505250 505250 3702363 3702363 1841577 599742 1241835 91509770 78062996 11648582 1798192 3045501 2466612 512773 66116 11107308 9221576 1641872 243860 8262150 6868916 1235674 157560 7083134 5215096 1703609 164429 3825590 864680 2960910 373819 38899 334920 181425 2350 179075 1809914 1809914 617279 379319 192638 45322 390109 168761 171011 50337 3536029 3297952 197339 40738 3410346 1297164 1926942 186240 7295335 6769555 506630 19150 1592052 1506639 84102 1311 929265 771895 155751 1619 2939058 2032764 826936 79358 4523247 2683185 1717427 122635 1777706 1527248 219842 30616 FOSTER BOARDING HOME 16935257 16934350 907 FOOD 1269814 1242582 25102 2130 MEMBERSHIP DUES 186984 148678 38306 REPAIRS AND MAINTENANCE 113832 103664 10168 178764114 146412236 29342265 3009613 2246485 2384350 14050501 39666062 4706966 5102611 38367679 44519608 3256545 4443913 146624235 36688899 110816692 109935336 130224969 116976811 197975190 192200554 29353915 26853487 530998942 542082732 14481931 15255540 4435357 15170086 72325552 71023739 46468159 36835397 137710999 138284762 X 374248737 386468447 19039206 17329523 393287943 403797970 530998942 542082732 X -13279664 18868847 4920844 X X 0 1 X 1 1 1 X 25300000 20480125 24309144 23147370 21350393 114587032 25300000 20480125 24309144 23147370 21350393 114587032 2234031 112353001 3845168 4992656 4980273 6120985 7662028 27601110 196532 48344 175227 165815 105160 691078 4149000 2173875 2873356 3187830 3418218 15802279 158681499 565252403 0.70800 0.72870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2019 AMOUNT: $ 110,000. 2020 AMOUNT: $ 4,875. 2021 AMOUNT: $ 296,856. 2022 AMOUNT: $ 189,630. 2023 AMOUNT: $ 143,205. MANAGEMENT FEE - 2019 AMOUNT: $ 2,064,000. 2020 AMOUNT: $ 2,013,000. 2021 AMOUNT: $ 2,349,000. 2022 AMOUNT: $ 2,699,000. 2023 AMOUNT: $ 3,002,366. FORGIVENESS OF LOAN INCOME - 2019 AMOUNT: $ 1,889,000. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 86,000. 2020 AMOUNT: $ 156,000. 2021 AMOUNT: $ 227,500. 2022 AMOUNT: $ 299,200. 2023 AMOUNT: $ 272,647. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 53327 0 1 128098 181425 0 PART II-B, LINE 1: THE CHILDREN'S AID SOCIETY UTILIZES AN OUTSIDE CONSULTANT TO UNDERTAKE LOBBYING ACTIVITIES ON ITS BEHALF; SPECIFICALLY TO ENGAGE IN BUDGET AND LEGISLATIVE ADVOCACY THAT ALIGN WITH OUR PRIORITIES TO HELP SUPPORT OUR CHILDREN AND FAMILIES. AMOUNTS PAID TO THIRD PARTY EXTERNAL LOBBYING CONSULTANTS, INCLUDED IN SCHEDULE C, PART II-B, LINE 1(I), AMOUNTS TO $128,098. THE REMAINING COSTS IDENTIFIED IN SCHEDULE C REPRESENT INTERNAL SALARY COSTS ALLOCATED TO LOBBYING INITIATIVES. 8906000 500000 671000 380000 9697000 8702000 553000 349000 8906000 9908000 2000 -857000 351000 8702000 7854000 63000 2293000 302000 9908000 8199000 23000 368000 7854000 0.00000 0.76060 0.23940 0 0 5604599 5604599 126268974 27705126 98563848 4738514 4095693 642821 7266400 4888080 2378320 2745748 2745748 109935336 EQUITIES AND COMMINGLED FUNDS 92070943 F PRIVATE CAPITAL 50706509 F HEDGE FUNDS 31482894 F EMERGING MARKETS EQUITY FUND 10120035 F LIMITED PARTNERSHIP INTERESTS 3992983 F MUTUAL FUNDS 3827190 F 192200554 OPERATING LEASE LIABILITIES 23884392 ACCRUED PENSION AND POST-RETIREMENT OBLIGATIONS 6957941 OTHER LIABILITIES 4645369 SPLIT-INTEREST OBLIGATIONS 1347695 36835397 X PART V, LINE 4: CHILDREN'S AID RECOGNIZES THAT NEW YORK STATE ADOPTED AS LAW THE NEW YORK PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("NYPMIFA"). NYPMIFA CREATED A REBUTTABLE PRESUMPTION OF IMPRUDENCE IF AN ORGANIZATION APPROPRIATES MORE THAN 7% OF A DONOR-RESTRICTED ENDOWMENT FUND'S FAIR VALUE (AVERAGED OVER A PERIOD OF NOT LESS THAN THE PRECEDING FIVE YEARS) IN ANY YEAR. ANY UNAPPROPRIATED EARNINGS THAT WOULD OTHERWISE BE CONSIDERED TO BE WITHOUT DONOR RESTRICTIONS ARE REFLECTED AS NET ASSETS WITH DONOR RESTRICTIONS UNTIL APPROPRIATED. THE CHILDREN'S AID'S BOARD HAS INTERPRETED NYPMIFA AS ALLOWING CHILDREN'S AID TO APPROPRIATE FOR EXPENDITURE OR ACCUMULATE SO MUCH OF AN ENDOWMENT FUND AS CHILDREN'S AID DETERMINES IS PRUDENT FOR THE USES, BENEFITS, PURPOSES AND DURATION FOR WHICH THE ENDOWMENT FUND WAS ESTABLISHED, SUBJECT TO THE INTENT OF THE DONOR, AS EXPRESSED IN THE GIFT INSTRUMENT. FOR DONOR-RESTRICTED ENDOWMENT FUNDS AND OTHER UNRESTRICTED RESERVES, THE BOARD OF TRUSTEES OF CHILDREN'S AID HAS ESTABLISHED INVESTMENT POLICIES. ENDOWMENT INVESTMENTS CONSIST OF A BROAD RANGE OF SECURITIES TO PROVIDE A BALANCE THAT WILL ENHANCE TOTAL RETURN WHILE AVOIDING UNDUE RISK THROUGH EXCESSIVE CONCENTRATION IN ANY SINGLE ASSET CLASS OR INDIVIDUAL SECURITY. ASSET ALLOCATION IS DETERMINED BY THE INVESTMENT COMMITTEE OF THE BOARD AND REVIEWED REGULARLY. PART X, LINE 2: THE AGENCY FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE AGENCY IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE AGENCY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND, TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE AGENCY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 66459406 0 0 0 0 0 0 66459406 0 66459406 1 0 1 1 1 0 SCHEDULE F, PART IV: THE CHILDREN'S AID SOCIETY INVESTS DIRECTLY IN VARIOUS ALTERNATIVE INVESTMENTS THAT MAY BE ORGANIZED AS EITHER FOREIGN CORPORATIONS OR FOREIGN PARTNERSHIPS; IT LIKEWISE INVESTS IN DOMESTIC LIMITED PARTNERSHIPS THAT MAY, IN TURN, INVEST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. NEVERTHELESS, CAS'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR THE FILING OF FORMS 926, 5471, 8621, OR 8865. TO THE EXTENT THAT CAS IS REQUIRED TO COMPLETE ONE (OR MORE) OF THESE FOREIGN FORMS, THEY ARE FILED WITH THE FORM 990-T FILING. GALA 1970954 1876349 94605 0 4879 87020 214317 245255 GOLF CLASSIC 397464 348864 48600 0 7548 106889 31032 2500 22633 2368418 2225213 143205 12427 193909 245349 2500 267888 722073 -578868 1 CHILDREN'S AID COLLEGE PREP CHARTER SCHOOL 117 W 124TH STREET 4TH FLOOR NEW YORK NY 10027 900763840 501(C)(3) 500000 0 GENERAL SUPPORT 1 0 SPECIFIC ASSISTANCE 1595 816879 0 SCHOLARSHIPS 319 311408 0 PER DIEM PARTICIPATION STIPENDS 1948 1053583 0 CHILDREN'S RECREATIONAL ACTIVITIES 1897 1520493 0 PART I, LINE 2: THE USE OF GRANT FUNDS ARE MONITORED CLOSELY DURING THE YEAR BY THE DEPARTMENT ADMINISTERING THE ASSISTANCE. MONITORING CAN INCLUDE, AMONG OTHER THINGS, REGULAR HOME VISITS TO FAMILIES WHO MIGHT RECEIVE MONTHLY ASSISTANCE FOR FOSTER CARE CHILDREN; DIRECT PURCHASES OF MATERIALS SUCH AS BEDS, LINENS, TEXT BOOKS, CLOTHES OR FOOD; UTILITY PAYMENTS, RATHER THAN CASH ASSISTANCE TO FAMILIES; AND MONITORING OF CLASSES OR PROGRAMS WHEN SCHOLARSHIPS ARE PROVIDED. X X X X X 0 0 0 0 0 0 0 0 0 PHOEBE BOYER PRESIDENT/CEO 542450 0 0 0 0 0 39231 0 24560 0 606241 0 0 0 MICHAEL GREENBERG CHIEF FINANCIAL OFFICER 345944 0 0 0 0 0 38003 0 9932 0 393879 0 0 0 ROBYN DIETZ DIRECTOR TALENT MANAGEMENT 312378 0 0 0 0 0 6935 0 16212 0 335525 0 0 0 SANDRA ESCAMILLA EXECUTIVE VICE PRESIDENT 284785 0 0 0 0 0 8713 0 28161 0 321659 0 0 0 CAROLINE GALLAGHER CHIEF DEVELOPMENT OFFICER 278434 0 0 0 0 0 12941 0 28567 0 319942 0 0 0 GEORGIA BOOTHE EXECUTIVE VICE PRESIDENT 285310 0 0 0 0 0 14070 0 2476 0 301856 0 0 0 MORIA CAPPIO CHIEF OF STAFF 237565 0 0 0 0 0 12037 0 10390 0 259992 0 0 0 RHONDA BRAXTON VICE PRESIDENT 213164 0 0 0 0 0 11162 0 28128 0 252454 0 0 0 COURTENAYE JACKSON-CHASE GENERAL COUNSEL 247302 0 0 0 0 0 0 0 0 0 247302 0 0 0 MARTIN BAICKER CHIEF OPERATING OFFICER 165567 0 0 0 0 0 0 0 13338 0 178905 0 0 0 A BUILD NYC RESOURCE CORPORATION 454040561 12008EKC9 2015-07-23 40696638 TO FINANCE 1232 SOUTHERN BLVD 0 0 0 B BUILD NYC RESOURCE CORPORATION 454040561 12008EQN9 2019-08-01 38684456 TO FINANCE 117 W 124TH STREET 0 0 0 A 4980000 40696638 93663 3817291 667249 36118435 2018 0 0 1 1 B 540000 38684456 447300 734456 37950000 2020 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART IV, LINE 2C FOR BOND A THE CHILDREN'S AID SOCIETY COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2015 BUILD NYC RESOURCE CORPORATION TAX-EXEMPT REVENUE BOND IN JULY OF 2020. THE REBATE REPORT CONFIRMED THAT THE BOND ISSUANCE HAS NO EXCESS EARNINGS AND THAT NO ARBITRAGE REBATE IS DUE ON THE SERIES 2015 BOND. SCHEDULE K, PART IV, LINE 2C FOR BOND B THE CHILDREN'S AID SOCIETY COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2019 BUILD NYC RESOURCE CORPORATION TAX-EXEMPT REVENUE BOND IN DECEMBER OF 2021. THE REBATE REPORT CONFIRMED THAT THE BOND ISSUANCE HAS NO EXCESS EARNINGS AND THAT NO ARBITRAGE REBATE IS DUE ON THE SERIES 2019 BOND. X 21 999572 MARKET VALUE X 7000 554554 MARKET VALUE 0 1 1 PART I, LINE 32B: CHILDREN'S AID HIRES BANK OF NEW YORK (BNY) MELLON CAPITAL MANAGEMENT TO SELL THE CONTRIBUTIONS THAT ARE RECEIVED IN THE FORM OF PUBLICLY TRADED SECURITIES. THE PROCESS BEGINS WITH THE DONOR INFORMING THEIR BROKER TO TRANSFER THEIR STOCK SHARES TO BNY MELLON USING THE INSTRUCTIONS THAT ARE MADE AVAILABLE ON CHILDREN'S AID'S PUBLIC WEBSITE. BNY MELLON, UNDER THE INSTRUCTION OF CHILDREN'S AID, WILL SELL THE SHARES UPON RECEIVING THE STOCK TRANSFER. CHILDREN'S AID IS THEN NOTIFIED OF THE DATE OF RECEIPT, FAIR MARKET VALUE AT THE DATE OF RECEIPT, SALE DATE, AND PROCEEDS FROM SALE OF EACH STOCK CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE'S PRINCIPAL ROLE IS TO ACT FOR THE BOARD WHEN THE BOARD ITSELF IS UNABLE TO ACT. THIS COMMITTEE SHALL ALSO NOMINATE THE CHAIR OF THE GOVERNANCE & NOMINATING COMMITTEE AND MAKE RECOMMENDATIONS TO THE BOARD AS TO EXECUTIVE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL OFFICERS OF THE BOARD, THE CHAIR OF THE GOVERNANCE & NOMINATING COMMITTEE, AND THREE (3) TO FIVE (5) OTHER TRUSTEES ("AT LARGE MEMBERS"). THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE CHAIR OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD BETWEEN REGULAR OR SPECIAL MEETINGS OF THE BOARD; EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO: I. APPOINT OR ENTER INTO A CONTRACTUAL AGREEMENT REGARDING A NEWLY APPOINTED PRESIDENT AND CHIEF EXECUTIVE OFFICER WITHOUT APPROVAL BY A MAJORITY OF THE BOARD; II. FILL ANY VACANCIES ON THE BOARD OR ANY COMMITTEE; III. AMEND, REPEAL OR ADOPT BYLAWS; IV. AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH IS NOT BY ITS TERMS SO AMENDABLE OR REPEALABLE; V. MAKE DECISIONS REGARDING THE PURCHASE, LEASING OR OTHER DISPOSITION OF REAL ESTATE, IF SUCH PURCHASE, LEASE OR DISPOSITION INVOLVES ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; VI. MAKE DECISIONS REGARDING THE FIXING OF COMPENSATION, IF ANY, OF TRUSTEES; VII. ELECT OR REMOVE OFFICERS OR TRUSTEES; VIII. APPROVE A MERGER, ACQUISITION, OR PLAN OF DISSOLUTION; OR IX. APPROVE AMENDMENTS TO THE CERTIFICATE OF INCORPORATION. IN ADDITION, THE EXECUTIVE COMMITTEE SHALL (OR SHALL APPOINT AN APPROPRIATELY COMPOSED WORKING GROUP OF NON-INTERESTED TRUSTEES TO) BE RESPONSIBLE FOR: RATIFYING THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER UPON THE RECOMMENDATION OF THE PRESIDENT AND CEO; RECOMMENDING POLICIES AND PROCEDURES FOR DETERMINING EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND FOR SUCCESSION PLANNING; RETAINING COMPENSATION CONSULTANTS; CONDUCTING DUE DILIGENCE REGARDING EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER; AND ANNUALLY MAKING RECOMMENDATIONS AS TO EXECUTIVE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER TO THE BOARD. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER MAY NOT BE PRESENT AT NOR PARTICIPATE IN DELIBERATIONS OR VOTES REGARDING HIS OR HER COMPENSATION. FORM 990, PART VI, SECTION A, LINE 8A: THE DISCUSSIONS AND ACTIONS THAT OCCUR DURING BOARD AND BOARD COMMITTEE MEETINGS ARE DOCUMENTED CONTEMPORANEOUSLY AND THE OFFICIAL MINUTES OF THOSE MEETINGS ARE APPROVED AT THE NEXT REGULAR BOARD OR BOARD COMMITTEE MEETING WHERE QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S MANAGEMENT. A COPY OF THE DRAFT FORM 990 WAS PRESENTED TO THE AUDIT AND RISK MANAGEMENT COMMITTEE FOR DISCUSSION AND COMMENT. ONCE APPROVED A COPY IS THEN CIRCULATED TO THE FULL BOARD. EACH BOARD MEMBER IS PROVIDED OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CHILDREN'S AID CONFLICT OF INTEREST POLICY APPLIES TO TRUSTEES, OFFICERS, EMPLOYEES, AND ANY OTHER PERSON WHO WAS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF CHILDREN'S AID DURING THE PRIOR FIVE YEARS. ON AN ANNUAL BASIS, CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED TO TRUSTEES, OFFICERS, AND KEY EMPLOYEES. POTENTIAL CONFLICTS OF INTEREST INVOLVING TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REPORTED TO THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES. THE AUDIT AND RISK MANAGEMENT COMMITTEE DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AND EVALUATES CONFLICT OF INTEREST TRANSACTIONS. THE AUDIT AND RISK MANAGEMENT COMMITTEE ALSO REVIEWS EXISTING CONFLICTS OF INTEREST ON AN ANNUAL BASIS. AN INDIVIDUAL INVOLVED, DIRECTLY OR INDIRECTLY, IN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TRANSACTION MAY NOT PARTICIPATE IN ANY DISCUSSION OF THE RELEVANT TRANSACTION. THE CHILDREN'S AID PRACTICE IS TO DIRECT ANY TRUSTEES TO RECUSE FROM REVIEWING, ADVISING ON OR VOTING ON ANY MATTERS IN WHICH THEY MIGHT HAVE SUCH AN INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS ON A PERIODIC BASIS THE RECOMMENDATIONS OF THE EXECUTIVE COMPENSATION WORKING GROUP FOR THE REMUNERATION OF THE CHILDREN'S AID PRESIDENT AND CEO. THE REVIEW IS BASED ON CEO COMPENSATION AND BENEFITS BENCHMARKING DATA FROM SCHEDULE J, PART II OF THE IRS 990 OF CHILDREN'S AID AND PEER ORGANIZATIONS. ORGANIZATIONS USED FOR THE BENCHMARKING ANALYSIS ARE FUNCTIONALLY COMPARABLE NONPROFITS, LOCATED IN NEW YORK CITY OR THE GREATER NYC METRO AREA, WITH SIMILAR BUDGET SIZE, AND IN A SIMILAR OR THE SAME SUB-SECTOR. THE EXECUTIVE COMMITTEE PRESENTS ITS RECOMMENDATION ON THE CEO COMPENSATION PACKAGE FOR APPROVAL BY THE BOARD OF TRUSTEES AT THE DECEMBER BOARD MEETING. THE EXECUTIVE COMMITTEE RATIFIES THE REMUNERATION OF THE CHIEF FINANCIAL OFFICER BASED ON CFO COMPENSATION AND BENEFITS BENCHMARKING DATA FROM THE IRS 990S OF PEER ORGANIZATIONS. EVERY FEW YEARS, AN OUTSIDE ADVISOR CONDUCTS A COMPENSATION BENCHMARKING STUDY FOR THE CEO AND SENIOR LEADERSHIP. THE LAST COMPENSATION SURVEY WAS CONDUCTED IN NOVEMBER OF 2021. FORM 990, PART VI, SECTION C, LINE 19 CHILDREN'S AID SOCIETY MAKES ITS FORM 990, ANNUAL FINANCIAL STATEMENTS, ANNUAL REPORT AND MISSION STATEMENT AVAILABLE ON ITS WEBSITE AT WWW.CHILDRENSAIDNYC.ORG. THE SOCIETY'S ORGANIZING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: PENSION-RELATED ACTIVITY 5,066,026. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -145,182. 910 EAST 172ND STREET LLC 117 W 124TH STREET NEW YORK NY 10027 271491886 REAL ESTATE NY 1448754 9014512 CHILDREN'S AID SOCIETY 1218 SOUTHERN BLVD LLC 117 W 124TH STREET NEW YORK NY 10027 465337940 REAL ESTATE NY 0 1749488 CHILDREN'S AID SOCIETY 1232 SOUTHERN BLVD LLC 117 W 124TH STREET NEW YORK NY 10027 465333550 REAL ESTATE NY 2147084 42899300 CHILDREN'S AID SOCIETY