2018-06-13T15:49:52-05:00 2017-07-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2016-08-01 342016160 FOREST AVENUE HOME & SCHOOL ASSOCIATION FORE 9737434338 287 FOREST AVE GLEN RIDGE NJ 07028 KATIE RENOFF TREASURER 9736801920 2018-04-30 1 GLENN SCHWIER CPA P01306710 9733281825 2018-04-27 2016 2022-09-23 18:48:47Z KATIE RENOFF 287 FOREST AVE GLEN RIDGE NJ 07028 203158 0 X WWW.GLENRIDGE.ORG X 1958 NJ PTO ORGANIZATION PROVIDING FOR THE ENRICHMENT OF THE PRIMARY SCHOOL EDUCATION FOR THE STUDENTS OF FOREST AVENUE SCHOOL. 5 5 0 5 0 0 75332 19739 86172 77756 0 0 0 0 161504 97495 0 0 0 0 0 0 0 0 0 148605 99487 148605 99487 12899 -1992 48871 46879 0 0 48871 46879 PTO ORGANIZATION PROVIDING FOR THE ENRICHMENT OF THE PRIMARY SCHOOL EDUCATION FOR THE STUDENTS OF FOREST AVENUE SCHOOL. 0 0 26229 PTO PROGRAM - PROVIDING FOR THE WELL BEING OF THE FOREST AVENUE SCHOOL AND ITS STUDENTS. 71344 77756 DISCOVERY PROVIDES SUPPLEMENTAL EDUCATIONAL EXPERIENCES TO ALL ENROLLED STUDENTS. 97573 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 9736801920 287 FOREST AVE GLEN RIDGE NJ 07028 X TARA ARNETT PRESIDENT 2.00 X X 0 0 0 REBECCA KESZKOWSKI 1ST VICE PRESIDENT 2.00 X X 0 0 0 KARI KIM 2ND VICE PRESIDENT 2.00 X X 0 0 0 ELIZABETH NUTTYCOMBE SECRETARY 2.00 X X 0 0 0 KATIE RENOFF TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 3938 15801 19739 PTO PROGRAM 900099 77756 77756 77756 105663 3938 105663 0 97495 77756 0 0 1914 1914 PROGRAM EXPENSES 97573 97573 99487 97573 1914 0 48871 46879 48871 46879 0 0 X 48871 46879 48871 46879 48871 46879 -1992 0 X X 0 1 X 1 0 X 33677 75332 19739 128748 155420 146558 121938 86172 77756 587844 155420 146558 155615 161504 97495 716592 0 0 0 716592 155420 146558 155615 161504 97495 716592 1.00000 1.00000 0.00000 X 0 X 203158 105663 105663 97495 0 97495 205150 105663 105663 99487 0 99487 PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREBY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ASSOCIATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS STATED THAT ALL REQUIRED INFORMATIONAL TAX RETURNS HAVE BEEN FILED AND REGISTRATION FEES HAVE BEEN PAID. THE ASSOCIATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE POSITIONS. THE ASSOCIATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE FISCAL YEAR ENDED JULY 31, 2017. HOWEVER, THE ASSOCIATION IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES INCLUDING A REVIEW OF ITS NONPROFIT STATUS, WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE ASSOCIATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED EACH YEAR. AS REQUIRED BY LAW, THE ASSOCIATION FILES INFORMATIONAL RETURNS WITH BOTH FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THE FEDERAL RETURN IS SUBJECT TO EXAMINATION BY THE AUTHORITIES WITHIN THREE YEARS FROM THE LATEST FILING DATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 105,663. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 105,663. FOOD DAYS 51674 51674 33477 SPIRIT WEAR 8769 8769 8466 3 19975 19975 11549 80418 80418 53492 53492 26926 FORM 990, PART VI, SECTION B, LINE 11B FOREST AVENUE HOME & SCHOOL ASSOCIATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C FOREST AVENUE HOME & SCHOOL ASSOCIATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS AND DOES NOT HAVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FOREST AVENUE HOME & SCHOOL ASSOCIATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 287 FOREST AVE GLEN RIDGE, NJ 07028. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 287 FOREST AVE GLEN RIDGE, NJ 07028. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR