CROSSROADS FOR KIDS INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CROSSROADS FOR KIDS INC (EIN 04-2103837)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-22
- IRS object ID
- 201311429349300011
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-22T10:47:19-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 820574075 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DiPesa & Company CPA's | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1250 Hancock Street Suite 705 North | AddressLine1 |
| City | Quincy | City |
| State | MA | State |
| ZIP Code | 02169 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042103837 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROSSROADS FOR KIDS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CROS | NameControl |
| Phone | 7818342700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 MYRTLE STREET | AddressLine1 |
| City | DUXBURY | City |
| State | MA | State |
| ZIP Code | 02332 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH SAMUELS | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 7818342700 | Phone |
| Date Signed | 2013-05-21 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DI PESA COMPANY | Name |
| PTIN | P01234408 | PTIN |
| Phone | 6177867775 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DEBORAH SAMUELS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 Myrtle Street | AddressLine1 |
| City | Duxbury | City |
| State | MA | State |
| ZIP Code | 02332 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2754074 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.crossroads4kids.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1936 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE AT-RISK YOUTH WITH SOCIAL, EDUCATIONAL, AND LIFE-CHANGING OPPORTUNITIES AND EXPERIENCES (Continued from Part 1, Page 1) THROUGH CAMPING PROGRAMS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 266 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1312096 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 647254 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1064380 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1135643 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 96681 | InvestmentIncomePriorYear |
| Investment Income Current Year | 108628 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 620514 | OtherRevenuePriorYear |
| Other Revenue Current Year | 814353 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3093671 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2705878 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1849467 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1962421 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 402249 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1357692 | OtherExpensePriorYear |
| Other Expenses Current Year | 1258082 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3207159 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3220503 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -113488 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -514625 | RevenuesLessExpensesCY |
| Total Assets BOY | 9483677 | TotalAssetsBOY |
| Total Assets EOY | 9375858 | TotalAssetsEOY |
| Total Liabilities BOY | 80126 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 83970 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9403551 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9291888 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | For 75 years, Crossroads for Kids has been dedicated to providing a safe, supportive community for Boston area at-risk youth, unlocking opportunities to transform their lives. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1084541 | Expense |
| Revenue | 273626 | Revenue |
| Description | CAMP WING - PROVIDES CAMPING ACTIVITIES FOR CHILDRENThrough the support of the Camp Wing program, our experienced and dedicated staff counsel, nurture, and build supportive relationships through immersive summer camp programs, giving youth valuable life skills and a consistently safe place to turn regardless of their individual situation. Serving over 500 Boston area youth each year, Camp Wing immerses children ages 7-13 in a safe, supportive community. In addition, many of our summer participants are also part of our year-round, multi-year programs such as the Camper Continuity Initiative, Trailblazers, and Apprentice. We work continuously to CAMP WING, CONTINUED:invest in each child's future, fostering their success in school and society. Participants in our programs are more likely to overcome challenges, discover self confidence, graduate from high school, seek higher education, and fill positive roles in our society as adults, parents, and professionals. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 602455 | Expense |
| Revenue | 58969 | Revenue |
| Description | CAMP LAPHAM - C5 NEW ENGLANDOur five year teen leadership program begins at the end of the 7th grade, and includes two summers at Camp Lapham, one summer on a wilderness trek, a college tour, and a community leadership experience.In addition, our teen leaders complete 30+ hours of community service throughout the year and participate in many workshops and events to develop their leadership potential. The over-riding goal of the C5 program is to change the odds for high-potential youth from risk-filled environments, inspiring them to pursue personal success, and preparing them for leadership roles in college, work and their communities. We encourage C5 youth to be character-driven, community-focused, CAMP LAPHAM--C5 NEW ENGLAND, CONTINUEDchallenge-ready, college-bound, and committed to a better future. 100% of our C5 teens completing the program graduate from High School, and 90%+ go on to college, often the first member in their family to do so. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 352757 | Expense |
| Revenue | 382365 | Revenue |
| Description | CAMP WING - DAY CAMPServing youth ages 5 -- 17 from the South Shore, Camp Wing Day Camp offers engaging summer programs for kids of all ages. Programs include swimming (both instructional and free swim), boating, arts, sports, nature and more! | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 193491 | 316291 | YEAR ROUND - MISSION BASED OUTDOOR EDUCATIONAL OPPORTUNITIES FOR YOUTH AND ADULTS |
| 315140 | 104392 | Form 990, Part III, Line 4d, Other Program Services:CAMP MITTON - CAMPING ACTIVITIES FOR CHILDREN IN BREWSTER, MASSACHUSETTS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 508631 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 420683 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 2548384 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 13 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 266 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deborah Samuels Executive | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7818342700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 Myrtle Street | AddressLine1 |
| City | Duxbury | City |
| State | MA | State |
| ZIP Code | 02332 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CHARLES HEWITT | ||||||
| CHAIR OF THE BOARD | 2.00 | X | X | 0 | 0 | 0 |
| MALCOLM HUCKABY | ||||||
| BOARD GOVERNANCE CO-CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| KEVIN PHELAN | ||||||
| BOARD GOVERNANCE CO-CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| JASON FEITELBERG | ||||||
| DEVELOPMENT CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| JERRY BIRD | ||||||
| FACILITIES CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| CATHERINE CURTIN DYROFF | ||||||
| PROGRAM CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| TARA ALIOTTA | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| KATHLEEN SHIELDS | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| LISA BADEAU | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| TIM BRETT | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| SHARON FOWNES | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| ELAINE HAFFEY | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DANIEL HALL | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| BRENDAN HALLIGAN | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JIM MCCLURE | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DAVID MULDREW | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| LIZ NIEDERMEYER | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| AMY O'CONNOR | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| STEVEN RICCIARDI | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JOSEPH SWAN | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| CAROLINE WARREN | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| WALTER WELD | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| DEBORAH SAMUELS | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | X | 137891 | 0 | 3978 |
| LINDA CARSTENS | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| MOLLIE DUNN | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| PETER GRAPE | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| LINDA MARINO | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| STEVE MURPHY | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| THOMAS REILLY | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| MARY RENNER | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 137891 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3978 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SYSCO | |||||
| PO BOX AP | NORTON | MA | 02766 | Food Service Provider | 247362 |
| BUSINESS CARD | |||||
| PO BOX 15710 | WILMINGTON | DE | 19886 | CREDIT CARD COMPANY | 209481 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 647254 | AllOtherContributions |
| Total Contributions | 647254 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CAMPER FEES | Description |
| Business Code | 721210 | BusinessCode |
| Total Revenue Column | 1135643 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1135643 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1135643 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 108628 | TotalRevenueColumn |
| Exclusion | $108,628 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 862549 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 48196 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 814353 | TotalRevenueColumn |
| Exclusion | $814,353 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2705878 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1135643 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $922,981 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137891 | Total |
| Program Services | 68945 | ProgramServices |
| Management And General | 27578 | ManagementAndGeneral |
| Fundraising | 41368 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1574320 | Total |
| Program Services | 1190189 | ProgramServices |
| Management And General | 96104 | ManagementAndGeneral |
| Fundraising | 288027 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91340 | Total |
| Program Services | 60636 | ProgramServices |
| Management And General | 8800 | ManagementAndGeneral |
| Fundraising | 21904 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 158870 | Total |
| Program Services | 113622 | ProgramServices |
| Management And General | 20439 | ManagementAndGeneral |
| Fundraising | 24809 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 451 | Total |
| Management And General | 451 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21267 | Total |
| Management And General | 21267 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106897 | Total |
| Program Services | 79209 | ProgramServices |
| Management And General | 18249 | ManagementAndGeneral |
| Fundraising | 9439 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9123 | Total |
| Program Services | 3720 | ProgramServices |
| Management And General | 1507 | ManagementAndGeneral |
| Fundraising | 3896 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70395 | Total |
| Program Services | 15417 | ProgramServices |
| Management And General | 50337 | ManagementAndGeneral |
| Fundraising | 4641 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223048 | Total |
| Program Services | 215621 | ProgramServices |
| Management And General | 5912 | ManagementAndGeneral |
| Fundraising | 1515 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10764 | Total |
| Program Services | 9423 | ProgramServices |
| Fundraising | 1341 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199463 | Total |
| Program Services | 193682 | ProgramServices |
| Management And General | 4336 | ManagementAndGeneral |
| Fundraising | 1445 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82099 | Total |
| Program Services | 77669 | ProgramServices |
| Management And General | 1586 | ManagementAndGeneral |
| Fundraising | 2844 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUPPLIES | 393660 | 393472 | 141 | 47 |
| TRANSPORTATION SERVICES | 53907 | 53907 | ||
| VEHICLE EXPENSE | 45990 | 43424 | 1593 | 973 |
| OTHER EXPENSE | 21501 | 20858 | 643 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19517 | Total |
| Program Services | 8590 | ProgramServices |
| Management And General | 10927 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3220503 | Total |
| Program Services | 2548384 | ProgramServices |
| Management And General | 269870 | ManagementAndGeneral |
| Fundraising | 402249 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 487435 | BOY |
| EOY | 149689 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 415362 | BOY |
| EOY | 244232 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39314 | BOY |
| EOY | 271630 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3876 | BOY |
| EOY | 19535 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6166435 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3196787 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3018982 | BOY |
| EOY | 2969648 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302271 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5215954 | BOY |
| EOY | 5720641 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 483 | BOY |
| EOY | 483 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9483677 | BOY |
| EOY | 9375858 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80126 | BOY |
| EOY | 83970 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80126 | BOY |
| EOY | 83970 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5522512 | BOY |
| EOY | 5555216 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3721039 | BOY |
| EOY | 3576672 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160000 | BOY |
| EOY | 160000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9403551 | BOY |
| EOY | 9291888 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9483677 | BOY |
| EOY | 9375858 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -514625 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 402962 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3965226 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2267866 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 866967 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 868312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1461607 | CurrentTaxYear |
| Total | 9429978 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3965226 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2267866 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 866967 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 868312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1461607 | CurrentTaxYear |
| Total | 9429978 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 9429978 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 79979 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 47810 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 59775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 32635 | CurrentTaxYearMinus1Year |
| Current Tax Year | 511590 | CurrentTaxYear |
| Total | 731789 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 111203 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3550 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3500 | CurrentTaxYearMinus1Year |
| Total | 118253 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 10280020 | TotalSupport |
| Gross Receipts From Admissions Etc | 6209962 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.91730 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.95920 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3956475 | BeginningOfYearBalance |
| Contributions | 49340 | Contributions |
| Investment Earnings Or Losses | 250673 | InvestmentEarningsOrLosses |
| Other Expenditures | 111748 | OtherExpenditures |
| End Of Year Balance | 4144740 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4007341 | BeginningOfYearBalance |
| Contributions | 37000 | Contributions |
| Investment Earnings Or Losses | 13973 | InvestmentEarningsOrLosses |
| Other Expenditures | 101839 | OtherExpenditures |
| End Of Year Balance | 3956475 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3786842 | BeginningOfYearBalance |
| Contributions | 34830 | Contributions |
| Investment Earnings Or Losses | 276791 | InvestmentEarningsOrLosses |
| Other Expenditures | 91122 | OtherExpenditures |
| End Of Year Balance | 4007341 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3416003 | BeginningOfYearBalance |
| Contributions | 300082 | Contributions |
| Investment Earnings Or Losses | 170445 | InvestmentEarningsOrLosses |
| Other Expenditures | 99688 | OtherExpenditures |
| End Of Year Balance | 3786842 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2209289 | BeginningOfYearBalance |
| Contributions | 1760532 | Contributions |
| Investment Earnings Or Losses | -275437 | InvestmentEarningsOrLosses |
| Other Expenditures | -278381 | OtherExpenditures |
| End Of Year Balance | 3416003 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 962644 | OtherCostOrOtherBasis |
| Book Value | 962644 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4507835 | OtherCostOrOtherBasis |
| Depreciation | 2571163 | Depreciation |
| Book Value | 1936672 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 605437 | OtherCostOrOtherBasis |
| Depreciation | 538714 | Depreciation |
| Book Value | 66723 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 90519 | OtherCostOrOtherBasis |
| Depreciation | 86910 | Depreciation |
| Book Value | 3609 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2969648 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| VANGUARD BOND MARKET INDEX FUND | 867633 | F |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2778458 | F |
| VANGUARD ADMIRAL TRSY MONEY MARKET | 618263 | F |
| VANGUARD SHORT-TERM INVEST-GR FUND | 873053 | F |
| BANK OF AMERICA MONEY MARKET | 6755 | F |
| VANGUARD TOTAL INT'L STOCK MARKET INDEX | 437133 | F |
| VANGUARD PRIME MONEY MARKET | 139346 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 5720641 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 3162539 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 402962 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 53699 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 456661 | RevenueNotRptdF990 |
| Revenue Subtotal | 2705878 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 2705878 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3274202 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 53699 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 53699 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3220503 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3220503 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | The term endowment's investment income may be used for the benefit of the C5 Youth and Teen Leadership Program. The term endowment expires June 2013 at which time the principal is available to the Board of Directors for use to support the C5 Youth and Teen Leadership program. Board designated funds are not restricted and may be used for the general support of the operations of the organization. Investment income of the Endowment Funds are used to supplement revenue of the C5 Teen Leadership Program. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X, Line 2: | Uncertain Tax Positions Management has evaluated significant tax positions against the criteria established by professional standards and believes there are no such tax positions requiring accounting recognition in the financial statements. Management does not believe its evaluation of tax positions will significantly change within twelve months of December 31, 2012. Any changes in tax positions will be recorded when the ultimate outcome becomes known. The Organization's income tax returns are subject to examination by taxing authorities generally for the years ended December 31, 2011, 2010 and 2009. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | URBAN CAMPIRE EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 362935 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 362935 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 23748 | OtherDirectExpensesEvent1 |
| Name Of Event2 | 10EVENT | NameOfEvent2 |
| Gross Receipts Event2 | 172871 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 172871 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 15176 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 326473 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 326473 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 9271 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 862279 | GrossReceiptsTotal |
| Gross Revenue Total Events | 862279 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 48195 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 48195 | DirectExpenseSummaryEvents |
| Net Income Summary | 814084 | NetIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | MA | StatesWhereGamingConducted |
| Licensed | 0 | Licensed |
| License Suspended Etc | 0 | LicenseSuspendedEtc |
| Gaming With Nonmembers | 0 | GamingWithNonmembers |
| Member Of Other Entity | 0 | MemberOfOtherEntity |
| Contract With3rd Party For Gam Rev | 0 | ContractWith3rdPartyForGamRev |
| Charitable Distrib Required | 0 | CharitableDistribRequired |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Fundraising Payments | Identifier |
| Return Reference | Schedule G, Part I, Line 2b, Column (v) | ReturnReference |
| Explanation | Fundraiser is a periodic consultant and advises and assists Development personnel in performing their duties. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | A copy of the Form 990 was provided to the governing body prior to filing. The Form 990 is prepared by the organization's independent auditors and is then reviewed in detail by the Executive Director, Controller, and Trustee/Treasurer and Audit Committee prior to being provided to the governing body. |
| Form 990, Part VI, Section B, line 12c | Conflict of Interest Policy--Maintains a written, enforced policy on conflict of interest; informs the Board, director, officer, or staff member of the institution's policy; informs each Board member, director, officer or staff member of his or her responsibilities. |
| Form 990, Part VI, Section B, line 15a | Executive Pay--Executive Committee reviews Executive Director performance annually against pre-determined organization goals; Executive Committee researches salaries at comparable organizations through Guidestar.org to decide on appropriate compensation adjustments; a combination of performance review and industry standards are used to determine final compensation adjustment. |
| Form 990, Part VI, Section C, line 18 | Form 990, Part VI, Section C, Line 18: The organization's Form 990 is available upon request by contacting the organizations business office. The Form 990 is also available upon request from the IRS. The Form 990 is available on websites such as www.guidestar.org and from the website of the Massachusetts Office of the Attorney General, Division of Public Charities, using its annual document filing search function. |
| Form 990, Part VI, Section C, line 19 | A. Governing Documents in the form of Articles of Organization and/or by-laws are available for viewing at the website of the Massachusetts Secretary of State, Corporation database of filings. B. The conflict of interest policy is not available to the public. C. The financial statements are available for viewing and/or downloading through the website of the Division of Public Charities, Office of the Massachusetts Attorney General, annual filings. The audited financial statements and IRS Form 990 are part of the annual report filed on Massachusetts Form PC with the Division of Public Charities. |
| Form 990, Part XI, Line 2c. There has been no change in responsibility for oversight of the independent audit. |