2021-08-16T13:49:47-05:00 2020-09-30 910189318 MOSS ADAMS LLP 2707 COLBY AVENUE SUITE 801 EVERETT WA 98201 990 2019-10-01 911425676 TREEHOUSE TREE 2067677000 2100 24TH AVENUE SOUTH NO 200 SEATTLE WA 98144 LISA CHIN CEO 2067677000 2021-08-13 1 COLLEEN RAMIRES P01251320 4252597227 2021-08-13 2019 2022-09-23 18:48:47Z LISA CHIN 2100 24TH AVENUE SOUTH NO 200 SEATTLE WA 98144 18410991 0 X WWW.TREEHOUSEFORKIDS.ORG X 1988 WA CREATE A WORLD WHERE EVERY CHILD HAS THE OPPORTUNITIES AND SUPPORT TO PURSUE THEIR DREAMS. 26 26 165 952 0 0 9305855 12550284 2757372 5649439 296454 204465 -89454 -2922 12270227 18401266 1458918 1200189 0 0 9696934 10864083 0 0 1790749 3281032 2994604 14436884 15058876 -2166657 3342390 13139974 16899016 826672 969142 12313302 15929874 X GIVING FOSTER KIDS A CHILDHOOD AND A FUTURE: WE ENVISION AND STRIVE TO CREATE A WORLD WHERE EVERY CHILD THAT HAS EXPERIENCED FOSTER CARE HAS THE OPPORTUNITIES AND SUPPORT THEY NEED TO PURSUE THEIR DREAMS AND LAUNCH SUCCESSFULLY INTO ADULTHOOD. 0 0 9866921 69214 3369942 GRADUATION SUCCESS: YOUTH IN FOSTER CARE FACE AN UPHILL BATTLE TO GRADUATE FROM HIGH SCHOOL DUE TO FREQUENT SCHOOL TRANSITIONS, TRAUMA AND EMOTIONAL UPHEAVAL. TREEHOUSE'S GRADUATION SUCCESS PROGRAM ADDRESSES THE UNIQUE EDUCATION NEEDS OF YOUTH IN CARE, WHILE BUILDING PROBLEM SOLVING AND SELF-ADVOCACY SKILLS. PARTNERING WITH SOCIAL WORKERS, CAREGIVERS, TEACHERS AND SCHOOL COUNSELORS, TREEHOUSE EDUCATION SPECIALISTS PROVIDE ACADEMIC PLANNING, COACHING AND SUPPORT TO CULTIVATE EACH YOUTH'S ENGAGEMENT AND INVESTMENT IN THEIR EDUCATION AND FUTURE. THROUGH WEEKLY MONITORING OF RISK INDICATORS, PERSONALIZED INTERVENTIONS, PROACTIVELY REMOVING BARRIERS TO SCHOOL SUCCESS AND COORDINATING NEEDED SUPPORT, TREEHOUSE PAVES THE WAY TO HIGH SCHOOL GRADUATION, HOPE AND OPPORTUNITY. GRADUATION SUCCESS IS IN MOST HIGH SCHOOLS AND MIDDLE SCHOOLS IN KING COUNTY AND HAS EXPANDED SERVICES TO BENTON, FRANKLIN, PIERCE, SKAGIT, SNOHOMISH, SPOKANE, THURSTON AND WHATCOM COUNTIES. 1109315 777848 897625 TREEHOUSE STORE: THE TREEHOUSE STORE ENSURES THAT YOUTH IN FOSTER CARE HAVE ACCESS TO THE ITEMS THEY NEED TO FEEL CONFIDENT AND READY TO LEARN AT SCHOOL. THE STORE ACCEPTS DONATIONS OF NEW AND LIKE-NEW CLOTHING, TOYS, BOOKS, SCHOOL SUPPLIES AND HOUSEHOLD GOODS, AND DISTRIBUTES THEM AT NO CHARGE. WHEN NECESSARY TO MEET DEMAND, TREEHOUSE MAY PURCHASE ITEMS FOR DISTRIBUTION. 923305 831874 EDUCATIONAL ADVOCACY: TREEHOUSE EDUCATION ADVOCATES WORK ACROSS THE STATE AND PARTNER WITH SCHOOLS, SOCIAL WORKERS, FOSTER FAMILIES AND YOUTH IN FOSTER CARE TO RESOLVE DIFFICULT ISSUES AND REMOVE BARRIERS TO SCHOOL SUCCESS. 489661 353127 549998 FOSTER YOUTH DRIVERS ASSISTANCE: FOSTER YOUTH DRIVERS ASSISTANCE PROGRAM PROVIDES YOUTH ACROSS THE STATE WITH FINANCIAL ASSISTANCE COVERING COSTS OF DRIVERS EDUCATION PROGRAMS, ID/TESTING FEES, DRIVERS LICENSE FEES, AND INSURANCE PREMIUMS. 489661 353127 549998 12389202 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 165 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X LISA CHIN 2067677000 2100 24TH AVENUE S SUITE 200 SEATTLE WA 98144 AMY MULLINS BOARD CHAIR 4.00 X X 0 0 0 NICHOLAS BROWN BOARD - CHAIR ELECT 4.00 X X 0 0 0 JOHN HOLT TREASURER 4.00 X X 0 0 0 RICH OLIN SECRETARY 4.00 X X 0 0 0 JILL ASHTON DIRECTOR 2.00 X 0 0 0 ALEXANDRA 'ZAN' BROOKSHIRE DIRECTOR 2.00 X 0 0 0 ERICA BUCKLEY DIRECTOR 1.00 X 0 0 0 SARAH BUHAYAR DIRECTOR 1.00 X 0 0 0 RYAN BUMRUNGKITTIKUL DIRECTOR 2.00 X 0 0 0 AMBER BUSCH DIRECTOR 2.00 X 0 0 0 TIM DAVIS DIRECTOR 2.00 X 0 0 0 BRE GRUBBS DIRECTOR 1.00 X 0 0 0 MEGAN HOLT DIRECTOR 1.00 X 0 0 0 LISA HOYT DIRECTOR 2.00 X 0 0 0 LINDA HUNTER DIRECTOR 2.00 X 0 0 0 DEREK KALLES DIRECTOR 1.00 X 0 0 0 CHIP KELLY DIRECTOR 1.00 X 0 0 0 ASHLEY MATHEWS DIRECTOR 1.00 X 0 0 0 STEVE PETERSEN DIRECTOR 1.00 X 0 0 0 LISA STIRGUS DIRECTOR 1.00 X 0 0 0 SHARMILA SWENSON DIRECTOR 1.00 X 0 0 0 SEHEE THOMAS DIRECTOR 1.00 X 0 0 0 AFFSHIN VALJI DIRECTOR 1.00 X 0 0 0 LARRY WARD DIRECTOR 1.00 X 0 0 0 DAVE WILNER DIRECTOR 1.00 X 0 0 0 VALENTINA ZACKRONE DIRECTOR 1.00 X 0 0 0 JANIS AVERY CEO (THRU 03/20) 40.00 X 206874 0 14288 JESSICA ROSS CDO (THRU 06/20) 40.00 X 168624 0 13038 DAWN RAINS CPSO 40.00 X 167889 0 13038 RAY OEN CFO (THRU 05/20) 40.00 X 168624 0 5499 ANGELA GRIFFIN CPO (THRU 06/20) 40.00 X 160924 0 11861 LISA CHIN CEO 40.00 X 0 0 0 AHMED BUR CFO 40.00 X 0 0 0 STEFANI COVERSON CHRO 40.00 X 0 0 0 872935 0 57724 10 0 1 0 0 297621 1826900 10425763 886289 12550284 FAMILY SERVICE PROJECTS 611710 5649439 5649439 5649439 210919 210919 349 0 6803 349 -6803 -6454 -6454 0 297621 2922 -2922 -2922 18401266 5649439 0 201543 1200189 1200189 1087803 618253 278163 191387 7627600 6593186 129594 904820 208061 154506 21944 31611 1173483 1015581 57706 100196 767136 561020 121941 84175 3134 1782 1352 56586 56586 45004 45004 84560 84560 23519 9632 13887 53770 34071 3705 15994 388544 337943 50601 247206 208477 17475 21254 145058 138058 625 6375 33539 27409 1851 4279 8361 8361 288380 235432 23006 29942 36230 36230 DONATED CLOTHING 791955 757244 27207 7504 CONTRACTUAL SERVICES 504310 342090 62444 99776 POSTAGE 92491 41034 545 50912 STAFF TRAINING/RECOGNIT 78214 56737 12904 8573 113743 13336 16856 83551 15058876 12389202 878925 1790749 433681 490516 1044198 4397015 2743687 2100975 171989 776741 319534 442736 53140 25978 2816137 1388704 1687336 1427433 5966887 6359018 635154 777292 84368 101312 13139974 16899016 826672 969142 826672 969142 X 5362876 9379979 6950426 6549895 12313302 15929874 13139974 16899016 X 3342390 477511 -203329 0 X 0 1 X 1 0 X 7385843 8645082 11840627 9305855 12550284 49727691 7385843 8645082 11840627 9305855 12550284 49727691 1519270 48208421 104040 123689 161209 303182 210919 903039 50630730 14174502 0.95220 0.96200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 48768 48768 12340434 12389202 769460 192365 0 0 708228 772108 747324 769460 2997120 4495680 41430 47281 57867 48768 195346 177057 193027 186831 192365 749280 1123920 4794823 74158 432334 153052 5148263 4975356 -29553 150980 4794823 4730394 387845 142883 4975356 4168590 50000 675049 163245 4730394 3845772 481952 159134 4168590 0.15100 0.84900 0.00000 0 0 1144666 244329 900337 1653535 1144375 509160 17936 17936 1427433 X 19012346 477511 123844 9725 611080 18401266 0 18401266 15395774 327173 9725 336898 15058876 0 15058876 PART V, LINE 4: TWO SEPARATE ENDOWMENTS WERE ESTABLISHED BY DONORS THAT ALLOW 5% OF EACH FUNDS' BALANCE TO BE RELEASED ANNUALLY TO FUND EDUCATIONAL PROGRAMS AND OPERATIONAL NEEDS. THE THIRD IS A QUASI-ENDOWMENT CREATED TO MEET TARGETED GOALS OF TREEHOUSE ONCE THE FUND GROWS TO A SPECIFIED LEVEL. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED TREEHOUSE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. ANY UNRELATED BUSINESS INCOME GENERATED IS NOT SIGNIFICANT; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. TREEHOUSE FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MANAGEMENT DOES NOT BELIEVE TREEHOUSE HAS AN UNCERTAIN TAX POSITION AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE RECLASSIFICATION 2,922. LOSS ON SALE OF FIXED ASSETS 6,803. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE RECLASSIFICATION 2,922. LOSS ON SALE OF FIXED ASSETS 6,803. CHAMPIONS FOR KIDS 297621 297621 2922 297621 297621 2922 2922 -2922 1 0 0 EDUCATION AND RESOURCE SERVICES TO FOSTER YOUTH 4590 1014291 HOLIDAY MAGIC 5000 185898 PART I, LINE 2: GRANTS AND ASSISTANCE PROVIDED BY TREEHOUSE ARE MONITORED AND REVIEWED BY RESOURCE SERVICES STAFF. RESOURCE SERVICES INCLUDES THE TREEHOUSE STORE, JUST IN TIME FUNDING, DRIVER'S ASSISTANCE AND HOLIDAY MAGIC. ALL REQUESTS SUBMITTED ARE REVIEWED FOR ELIGIBILITY AND ARE THEN APPROVED (OR DENIED) BY THE RESPECTIVE DEPARTMENTAL MANAGER BEFORE BEING SUBMITTED TO ACCOUNTING. APPROVED REQUESTS ARE RECORDED IN A PROGRAM AND RESOURCE DATABASE AND ALLOWS TREEHOUSE TO ANALYZE AND MONITOR OUTCOMES AS WELL AS TRACKING USE OF RESOURCES. X X X X X 0 0 0 0 0 0 0 0 0 JANIS AVERY CEO (THRU 03/20) 206874 0 0 0 0 0 6309 0 7979 0 221162 0 0 0 JESSICA ROSS CDO (THRU 06/20) 168624 0 0 0 0 0 5059 0 7979 0 181662 0 0 0 DAWN RAINS CPSO 167889 0 0 0 0 0 5059 0 7979 0 180927 0 0 0 RAY OEN CFO (THRU 05/20) 168624 0 0 0 0 0 5059 0 440 0 174123 0 0 0 ANGELA GRIFFIN CPO (THRU 06/20) 160924 0 0 0 0 0 3882 0 7979 0 172785 0 0 0 X 880125 FMV X GIFT CARDS 164 6165 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN (B) REPRESENTS THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 DOCUMENTATION IS PREPARED BY THE CONTROLLER WITH OVERSIGHT FROM THE AGENCY'S SENIOR MANAGEMENT. ONCE COMPLETED IT IS SENT TO AN OUTSIDE ACCOUNTING FIRM FOR FINAL PREPARATION. THE DRAFT DOCUMENT IS RETURNED FOR INTERNAL MANAGEMENT REVIEW AND FOR REVIEW BY THE FINANCE COMMITTEE AND THE BOARD TREASURER. IT IS ALSO MADE AVAILABLE IN DRAFT FORM TO ALL BOARD MEMBERS. ADJUSTMENTS, IF ANY, ARE MADE AND RETURNED TO THE OUTSIDE ACCOUNTANT FOR FINAL REVISIONS. THE FINAL FORM 990 IS RECEIVED BY SENIOR MANAGEMENT FOR FINAL REVIEW AND IS THEN E-MAILED TO THE COMPLETE BOARD OF DIRECTORS PRIOR TO FILING FOR THEIR FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND STAFF REVIEW AND SIGN THEIR AGREEMENT TO OUR PUBLISHED POLICY UPON JOINING TREEHOUSE. ANNUALLY, THIS POLICY IS REVIEWED AND UPDATED FOR ONGOING COMPLIANCE. CURRENTLY, NO BOARD MEMBERS ARE IN A FINANCIALLY BENEFICIAL RELATIONSHIP WITH TREEHOUSE. FORM 990, PART VI, SECTION B, LINE 15 TREEHOUSE REVIEWS SALARY INFORMATION ANNUALLY PROVIDED IN THE WASHINGTON EMPLOYERS/UNITED WAY SALARY SURVEY (WE/UWSS) OF NORTHWEST NON-PROFITS AND COMPARES THE SALARY CATEGORIES AND TITLES FOR POSITIONAL FIT WITH ALL TREEHOUSE POSITIONS. THE SALARY DATA IS AGED AS NECESSARY TO GET TO CURRENT YEAR STATUS AND THEN ALL POSITIONS ARE REVIEWED FOR COMPARABILITY TO POSITIONS THAT FIT IN OUR CATEGORY OF GREATER THAN 50 EMPLOYEES, BUDGETS BETWEEN $5 AND $10 MILLION FOR SOCIAL SERVICE AGENCIES IN KING COUNTY. DURING THE ANNUAL EMPLOYEE PERFORMANCE APPRAISAL PROCESS EACH STAFF POSITION IS REVIEWED BY THEIR SUPERVISOR. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS THIS ANNUAL REVIEW OF THE CEO. THE CEO CONDUCTS THE REVIEWS OF ALL DIRECTORS AND EACH DIRECTOR CONDUCTS THE REVIEW OF THEIR DIRECT STAFF WITH OVERSIGHT OF THE REVIEWS DONE BY THEIR DIRECT STAFF. AFTER THE ANNUAL REVIEW PROCESS IS COMPLETED, THE LEADERSHIP TEAM MAKES RECOMMENDATIONS TO THE DIRECTORS FOR APPROPRIATE MERIT INCREASES BASED ON A NUMBER OF FACTORS INCLUDING THE ANNUAL PERFORMANCE EVALUATION INFORMATION. THE EXECUTIVE DIRECTOR REVIEWS ALL OF THESE RECOMMENDATIONS AND WITH THE DIRECTOR OF ADMINISTRATION AND FINANCE FINALIZES MERIT AND ANY MARKET ADJUSTMENT BASED ON THESE RECOMMENDATIONS. THE ANNUAL COMPENSATION ANALYSIS FOR EXECUTIVE DIRECTOR POSITIONS OF COMPARABLE NORTHWEST NON-PROFITS FROM THE WE/UWSS IS FORWARDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WHO REVIEW IT AND MAKE A RECOMMENDATION TO THE FULL TREEHOUSE BOARD OF DIRECTORS FOR ANY ANNUAL MERIT OR MARKET ADJUSTMENT TO SALARY. THE BOARD REVIEWS AND DISCUSSES THIS RECOMMENDATION BEFORE THE BOARD VOTES ON A FINAL ADJUSTMENT TO PAY. STAFF BENEFITS ARE ALSO REVIEWED ANNUALLY BY THE LEADERSHIP TEAM AND PRIMARILY CONSIST OF VACATION AND SICK TIME OFF, HOLIDAY PAY FOR APPROVED HOLIDAYS, MEDICAL INSURANCE COVERAGE, LONG TERM DISABILITY AND ACCESS TO SECTION 125 FLEX SPENDING PLAN FOR APPROVED CATEGORIES OF DEDUCTIBLE EXPENSES AND A VOLUNTARY 403B RETIREMENT PROGRAM. IN ADDITION, OFFICERS AND DIRECTORS OF THE BOARD RECEIVE NO COMPENSATION OR BENEFITS FOR THEIR ROLES. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF FORM 990, FORM 1023, AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST VIS ELECTRONIC OR REGULAR MAIL. INTERESTED INDIVIDUALS MAY ALSO VIEW THEM IN PERSON AT OUR MAIN OFFICE. WE CURRENTLY ALSO POST ON OUR WEBSITE THE FORM 990 AND AUDITED FINANCIALS STATEMENTS FOR THE PAST 3 YEARS. FORM 990, PART XI MANAGEMENT COMMENTS ON $3.6 MILLION INCREASE IN NET ASSETS: - RECEIVED $1.8 MILLION IN ONETIME PPP LOAN FROM THE SBA WITH A HIGH PROBABILITY OF THE LOAN BEING FORGIVEN. - IN RESPONSE TO UNCERTAINTY DUE TO COVID 19 AND VOLATILITY IN US MARKETS, MANAGEMENT REDUCED OPERATIONAL EXPENSES BY 30% - COVID 19 SAFETY PROTOCOLS ELIMINATED FACE TO FACE ENGAGEMENT WITH THE YOUTH, WHICH LIMITED TRAVEL COSTS TO ALMOST ZERO FOR THE SECOND HALF OF THE YEAR - SURPLUS RECOUPS $(2.2) MILLION OPERATIONAL DEFICIT EXPERIENCED IN 2019 FISCAL YEAR. - SURPLUS WILL BE INVESTED BEGINNING IN 2022 FY TO HELP ACCELERATED EXPANSION ACROSS EXISTING AND NEW DISTRICTS IN THE STATE OF WASHINGTON.