2012-05-07T10:02:28-04:00 2011-06-30 KPMG LLP 60 South Street Boston MA 02111 990 2010-07-01 222882549 CITY YEAR INC CITY 6179272373 287 COLUMBUS AVENUE BOSTON MA 021165114 EVELYN BARNES 2012-05-04 6179881000 2010 2016-02-24 21:20:13Z MICHAEL BROWN 287 COLUMBUS AVENUE BOSTON MA 021165114 84902918 false X www.cityyear.org X 1988 MA CITY YEAR UNITES YOUNG PEOPLE OF ALL BACKGROUNDS FOR A YEAR OF FULL- TIME SERVICE, GIVING THEM THE SKILLS AND OPPORTUNITIES TO CHANGE THE WORLD. 25 24 591 40745 0 0 64776313 83788931 0 0 1238153 392175 462230 -440613 66476696 83740493 17370145 18215450 0 0 29750587 35220895 0 0 6814519 16091233 20441285 63211965 73877630 3264731 9862863 50884601 62350450 14203903 14650860 36680698 47699590 CITY YEAR'S MISSION IS TO BUILD DEMOCRACY THROUGH CITIZEN SERVICE, CIVIC LEADERSHIP, AND SOCIAL ENTREPRENEURSHIP. CITY YEAR IS AN ORGANIZATION DEDICATED TO THE POWER OF YOUNG PEOPLE TO CHANGE THE WORLD AND THE POWER OF NATIONAL SERVICE TO HELP A NATION ADDRESS ITS MOST PRESSING CHALLENGES. AT CITY YEAR, THESE BELIEFS ARE REALIZED BY THE CORPS MEMBERS WHO ARE GIVEN THE SKILLS AND OPPORTUNITIES TO HELP STUDENTS IN HIGH-POVERTY SCHOOLS SUCCEED. CITY YEAR UNITES YOUNG PEOPLE OF ALL BACKGROUNDS FOR A YEAR OF FULL-TIME SERVICE, GIVING THEM THE SKILLS AND OPPORTUNITIES TO CHANGE THE WORLD. AS TUTORS, MENTORS AND ROLE MODELS, THESE DIVERSE YOUNG LEADERS HELP CHILDREN STAY IN SCHOOL AND ON TRACK, AND TRANSFORM SCHOOLS AND COMMUNITIES ACROSS THE UNITED STATES. false false 28429986 IN-SCHOOL SERVICE: IN FY11, MORE THAN 93% OF CITY YEAR'S 1,767 FULL-TIME PARTICIPANTS SERVED ON DIVERSE TEAMS IN SCHOOLS. MOST OF THEIR 3,054,647 HOURS OF SERVICE IS AS TUTORS, MENTORS AND ROLE MODELS HELPING STUDENTS IN HIGH-NEED SCHOOLS STAY IN SCHOOL AND ON TRACK TO GRADUATE. AS NEAR-PEERS, CORPS MEMBERS ARE UNIQUELY ABLE TO HELP IMPROVE STUDENT ATTENDANCE, BEHAVIOR AND COURSEWORK - THOSE EARLY WARNING INDICATORS THAT RESEARCH CONFIRMS ARE PREDICTORS OF A STUDENT'S LIKELIHOOD OF GRADUATING FROM HIGH SCHOOL ON TIME. SEE SCHEDULE O FOR CONTINUATION. 25468528 18215450 YOUTH CIVIC LEADERSHIP: THE SKILLS AND OPPORTUNITIES PROVIDED TO CITY YEAR CORPS MEMBERS HELP THE 15,000 ALUMNI BECOME LEADERS FOR LIFE WHO - AS ESTABLISHED BY THIRD-PARTY RESEARCH - VOTE MORE, VOLUNTEER MORE AND ARE MORE CIVICALLY ENGAGED THAN THEIR SIMILARLY-SITUATED PEERS WHO DO NOT DEDICATE A YEAR OF THEIR LIVES TO SERVICE. THEY SHARE THEIR PASSION FOR CIVIC ENGAGEMENT BY LEADING STUDENTS IN ACTIVITIES THAT HELP THE PARTICIPANTS GAIN A BETTER UNDERSTANDING OF CHALLENGES FACING THEIR COMMUNITIES AND HOW THEY CAN HELP ADDRESS THEM. SEE SCHEDULE O FOR CONTINUATION. 5330622 PHYSICAL SERVICE: ALL CITY YEAR LOCATIONS HOST LARGE-SCALE SERVICE EVENTS THROUGHOUT THE YEAR, LED BY CORPS MEMBERS AND STAFF. IN FY11, 38,978 CITIZENS VOLUNTEERED IN PROJECTS INCLUDING PAINTING MURALS, REFURBISHING SCHOOLS, CREATING PLAY SPACES, PLANTING COMMUNITY GARDENS AND REVITALIZING COMMUNITY CENTERS. A PHYSICAL SERVICE PROJECT COMPLETED BY A CITY YEAR-LED TEAM CAN POWERFULLY TRANSFORM A SCHOOL ENVIRONMENT OR NEIGHBORHOOD, BOTH BY VISIBLY IMPROVING THE SPACE WITH THE IMMEDIATE RESULTS, AND ALSO BY INSPIRING PARTICIPANTS TO VOLUNTEER AGAIN. 59229136 true true false true false false false false true true true false false false false true false false false true true false false true false false false true true true false false false false false false false false false false true false false false false false false false false false true 128 0 true 591 true false false false false false true true false false false false X 25 24 false false false false false false false true true false false true true true true true true true true false AR CA CO DC FL IL LA MA MI NH NY OH PA RI SC TX WA WI X X X EVELYN BARNES 6179272373 287 COLUMBUS AVENUE BOSTON MA 021165114 STEVE WOODSUM 2.0 X 0 0 0 KRISTINE ATWOOD 1.0 X 0 0 0 JOE BANNER 1.0 X 0 0 0 JOSH BEKENSTEIN 1.0 X 0 0 0 JESSICA L BLUME 1.0 X 0 0 0 JOHN BRIDGELAND 1.0 X 0 0 0 DAVID COHEN 1.0 X 0 0 0 CHERYL DORSEY 1.0 X 0 0 0 DAN FIREMAN 1.0 X 0 0 0 ANDREW HAUPTMAN 1.0 X 0 0 0 ILENE JACOBS 2.0 X 0 0 0 ROSABETH MOSS KANTER 1.0 X 0 0 0 ANDREW KERIN 1.0 X 0 0 0 JONATHAN S LAVINE 1.0 X 0 0 0 RICK MENELL 1.0 X 0 0 0 SUSAN NOKES 1.0 X 0 0 0 C GREGG PETERSMEYER 1.0 X 0 0 0 DENNY MARIE POST 1.0 X 0 0 0 JENNIFER EPLETT REILLY 1.0 X 0 0 0 SHIRLEY SAGAWA 1.0 X 0 0 0 JEFF SHAMES 1.0 X 0 0 0 RICHARD STENGEL 1.0 X 0 0 0 MICHAEL J WARD 1.0 X 0 0 0 MICHAEL BROWN 50.0 X X 320794 0 44911 MICHELLE CAHILL 1.0 X 0 0 0 JAMES BALFANZ 50.0 X 233581 0 32701 EVELYN BARNES 50.0 X 200235 0 28033 CHARLES B GORDON 50.0 X 208049 0 29127 SEAN J HOLLERAN 50.0 X 191786 0 26850 ANNMAURA CONNOLLY 50.0 X 193686 0 27116 STEPHANIE R WU 50.0 X 163430 0 22880 ITAI DINOUR 50.0 X 172489 0 24148 1684050 0 235766 39 false true false DATAWAY INC 180 REDWOOD STREET 3RD FLOOR SAN FRANCISCO CA 94102 TECHNOLOGY CONSULTIN 264272 MARCHON PARTNERS TEN POST OFFICE SQUARE SUITE 1205 BOSTON MA 02109 CONSULTING 240047 KPMG LLP 60 SOUTH STREET BOSTON MA 02111 ACCOUNTING/TAX 147000 MECHANICAL ALLIANCE SERVICE COINC 523 GREAT ROAD LITTLETON MA 01460 GENERAL CONTRACTOR 105320 4 141081 5854964 33704067 44088819 5743300 83788931 0 206260 0 0 206260 0 0 0 0 0 0 0 284316 0 98401 185915 0 185915 185915 479667 5854964 1064024 -584357 -584357 0 0 0 MISCELLANEOUS REVENUE 900099 143744 143744 143744 83740493 0 0 -48438 0 18127950 18127950 87500 87500 0 867802 867802 0 25762532 18522574 2789209 4450749 515434 427547 41955 45932 3779846 3135344 307667 336835 4295281 3562891 349622 382768 0 14432 1786 12646 147000 147000 375177 375177 0 0 2358069 1022811 787450 547808 93917 74516 8771 10630 6290318 5371512 718634 200172 2423966 2129132 181389 113445 0 3205683 2870053 335273 357 3662266 3176853 256335 229078 0 142386 103188 17411 21787 424584 175996 226567 22021 0 1303487 439483 786244 77760 0 73877630 59229136 7833975 6814519 9995903 22075032 14764025 12237008 26008665 7546364 17946048 18462301 7461093 8936956 717532 639153 50884601 62350450 5578903 6225860 8625000 8425000 14203903 14650860 X 21083428 25255020 10665617 17262917 4931653 5181653 36680698 47699590 50884601 62350450 X 9862863 1156029 X false true true X true true X 47114251 59675420 63515866 64776312 83788931 318870780 47114251 59675420 63515866 64776312 83788931 318870780 3995850 314874930 927178 231468 132696 158122 206260 1655724 792254 623411 1415665 321942169 0.97805 0.97410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 375177 375177 73502453 73877630 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 0 322297 75781 375177 773255 0 250000 250000 250000 750000 1125000 0 0 0 0 0 7461093 369875 1390303 0 284316 0 8936955 5696640 497118 1267335 0 0 0 7461093 7370668 545000 -1882118 0 336910 0 5696640 0.42000 0.58000 0.00000 false false 0 4884000 4884000 0 12178235 1363141 10815094 0 1302447 945364 357083 0 6419695 4564036 1855659 0 1224288 673823 550465 18462301 TIFF MULTI-ASSET FUND (MAF) 8936956 F 8936956 83740493 73877630 9862863 998128 157901 1156029 11018892 86704369 998128 743823 157901 1899852 84804517 -1064024 -1064024 83740493 75685477 743823 1064024 1807847 73877630 73877630 ENDOWMENT FUNDS PART V, LINE 4 THE ENDOWMENT CONSISTS OF APPROXIMATELY 15 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. SPENDING FROM ENDOWMENTS IS DONOR RESTRICTED TO VARIOUS PURPOSES. A MAJORITY OF THE FUNDS PROVIDE GENERAL SUPPORT FOR OPERATIONS IN SPECIFIC GEOGRAPHIC LOCATIONS. CITY YEAR HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR UP TO 4.5% OF ITS ENDOWMENTS FUNDS' AVERAGE FAIR VALUE OVER THE PRIOR EIGHT QUARTERS. THIS SPENDING POLICY IS EXPECTED TO ALLOW THE ENDOWMENT TO MAINTAIN ITS PURCHASING POWER BY GROWING AT A RATE EQUAL TO PLANNED PAYOUTS PLUS INFLATION. AN APPROPRIATION OF $284,316 WAS MADE THIS YEAR. OTHER CHANGES IN NET ASSETS PART XI, LINE 8 UNREALIZED NET GAIN ON CHANGES IN FAIR VALUE OF INTEREST-RATE SWAPS $157,901 OTHER REVENUE IN FINANCIAL STATEMENTS NOT ON RETURN PART XII, LINE 2D UNREALIZED NET GAIN ON CHANGES IN FAIR VALUE OF INTEREST-RATE SWAPS $157,901 OTHER REVENUE ON RETURN NOT IN FINANCIAL STATEMENTS PART XII, LINE 4B RECLASS OF FUNDRAISING EXPENSE ($1,064,024) OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN PART XIII, LINE 2D RECLASS OF FUNDRAISING EXPENSE $1,064,024 true Europe (Including Iceland and Greenland) 0 0 Program Services CONSULTATION 35987 Sub-Saharan Africa 0 0 Program Services SUPPORT 90557 0 0 0 0 126544 126544 Sub-Saharan Africa GEN. SUPPORT 87500 WIRE 1 0 false false false false false false MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE U.S. PART I, LINE 2 CITY YEAR REQUIRES ANNUAL REPORTING ON ITS GRANTS TO CITY YEAR SOUTH AFRICA AND CITY YEAR LONDON, BOTH OF WHICH ARE FOREIGN NONPROFIT ORGANIZATIONS. THE ORGANIZATIONS ARE REQUIRED TO SUBMIT ANNUAL PROGRESS REPORT, INCLUDING EXPENDITURES, PROJECT ACCOMPLISHMENTS AND CHALLENGES NO LATER THAN 90 DAYS FOLLOWING THE END OF THE FISCAL YEAR. THE REPORT IS REVIEWED BY THE CHIEF STRATEGY OFFICER, THE CHIEF DEVELOPMENT OFFICER, AND THE CHIEF FINANCIAL OFFICER. PERIODIC FIELD INVESTIGATIONS ARE ALSO CONDUCTED AS APPROPRIATE. MANAGEMENT REPORTS ANNUALLY TO THE CITY YEAR, INC. BOARD OF TRUSTEES OR BOARD COMMITTEE ON THE AMOUNT OF ANY GRANTS MADE TO INTERNATIONAL AFFILIATIONS AND THE RESULTS OF THOSE PROGRAMS. ANNUAL DINNER 1007911 961011 46900 205171 2017 ANNUAL DINNER 817145 767094 50051 48307 62072 18 4509575 4126859 382716 524868 221589 6334631 5854964 479667 778346 285678 1064024 -584357 FUNDRAISING ACTIVITIES PART II DISCLOSURE SEE SCHEDULE O true CORPS MEMBERS STIPENDS 1767 18127950 FMV SEE PART IV PART I, LINE 2 DISCLOSURE SEE SCHEDULE O X X X X false false false false false false false false false MICHAEL BROWN 258294 0 62500 0 0 0 11111 0 33800 0 365705 0 0 0 JAMES BALFANZ 213211 0 20370 0 0 0 9482 0 23219 0 266282 0 0 0 EVELYN BARNES 194385 0 5850 0 0 0 8103 0 19930 0 228268 0 0 0 CHARLES B GORDON 202019 0 6030 0 0 0 8315 0 20812 0 237176 0 0 0 SEAN J HOLLERAN 186320 0 5466 0 0 0 5684 0 21166 0 218636 0 0 0 ANNMAURA CONNOLLY 188136 0 5550 0 0 0 6679 0 20437 0 220802 0 0 0 STEPHANIE R WU 158630 0 4800 0 0 0 5536 0 17344 0 186310 0 0 0 ITAI DINOUR 157600 0 14889 0 0 0 2742 0 21406 0 196637 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RFSS 2006-06-01 9000000 ACQUISITION AND DEVELOPMENT false false false 0 0 9000000 0 0 0 127277 130759 0 8741964 0 0 2006 false false true true false false false false false 0.00000 0.00000 0.00000 true false true false false false false X 15 984282 STOCK EXCHANGE QUOTE X 765 78853 RETAIL VALUE X TRAVEL AND TRANSPORTATION 7 610714 RETAIL VALUE X EQUIPMENT/MAINTENANCE 4 2780401 FMV X MATERIALS 252 52300 FMV X UNIFORM PARTS 1 1236750 RETAIL VALUE false true false NUMBER OF CONTRIBUTIONS PART I, COLUMN (B) AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III PROGRAM SERVICE ACCOMPLISHMENTS 4A & 4B 4A - IN-SCHOOL SERVICE (CONTINUED): IN EACH OF CITY YEAR'S 157 PARTNER SCHOOLS, THE TEAM PROVIDES ACADEMIC SUPPORT, ATTENDANCE MONITORING AND INCENTIVES, POSITIVE BEHAVIOR SUPPORT, AFTER-SCHOOL PROGRAMMING AND EVENTS (SUCH AS ASSEMBLIES AND CELEBRATIONS) THAT IMPROVE THE OVERALL SCHOOL ENVIRONMENT. THE SERVICE MODEL HELPS THE CORPS MEMBERS HAVE AN IMPACT EVEN BEYOND THE 17,948 STUDENTS REACHED DIRECTLY THROUGH ONE-ON-ONE AND SMALL GROUP INSTRUCTION. CORPS MEMBERS CHANGE THE ENVIRONMENT OF A SCHOOL BY IMMEDIATELY CHANGING THE RATIO OF STUDENTS TO RESPONSIBLE, CARING ADULTS. IN ADDITION TO THE IN-SCHOOL SERVICES, 11,744 STUDENTS WERE PROVIDED WITH AFTER-SCHOOL AND SCHOOL VACATION PROGRAMS. 4B - YOUTH CIVIC LEADERSHIP (CONTINUED): CITY YEAR WAS FOUNDED ON THE BELIEF THAT A YEAR OF NATIONAL SERVICE COULD SERVE AS A CIVIC RITE OF PASSAGE-A UNIQUELY TRANSFORMATIONAL LIFE EXPERIENCE THAT, WHILE HELPING TO TRANSFORM COMMUNITIES IN NEED, COULD BEND THE TRAJECTORY OF AN IDEALISTIC YOUNG PERSON'S LIFE TOWARDS A LIFETIME OF ACTIVE CITIZENSHIP AND CIVIC LEADERSHIP. THESE PRINCIPLES GUIDE THE "IDEALIST'S JOURNEY," A FULL CURRICULUM THAT ALL CORPS MEMBERS EXPERIENCE AS PART OF THEIR OWN DEVELOPMENT AS LEADERS. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN INFORMATION IS GATHERED BY THE FINANCE OFFICE AND USED TO POPULATE THE FORM 990, IN CONJUNCTION WITH KPMG, LLP, INDEPENDENT TAX CONSULTANT. ONCE COMPLETED, THE DRAFT FORM IS FORWARDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IN ADVANCE OF A SPECIFIED MEETING. AFTER THE AUDIT COMMITTEE MEMBERS COMPLETE THEIR REVIEW AND APPROVAL OF THE FORM, IT IS SENT TO THE ENTIRE GOVERNING COMMITTEE FOR THEIR REVIEW AND COMMENT PRIOR TO THE FILING OF THE FORM. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OF COMMITTEE MEETING IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND A TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS. ANNUALLY, TRUSTEES ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS ASSURING THAT THEY HAVE NO CONFLICT OF INTEREST. COMPENSATION POLICY FORM 990, PART VI, SECTION B, LINE 15B CITY YEAR STRIVES TO BE THE EMPLOYER OF CHOICE FOR HIGHLY TALENTED PROFESSIONALS SEEKING A POSITION WITH MISSION-DRIVEN, ENTREPRENEURIAL NON-PROFITS. OUR GOAL IS TO ATTRACT, DEVELOP AND RETAIN HIGH-PERFORMING TALENT FROM DIVERSE BACKGROUNDS AND INDUSTRY SECTORS. CITY YEAR REWARDS EMPLOYEES FOR THEIR INDIVIDUAL JOB PERFORMANCE AND CONTRIBUTIONS TO THE ORGANIZATION, AND CULTIVATES AND PROMOTES AN INCLUSIVE WORK ENVIRONMENT. CITY YEAR TARGETS COMPENSATION ABOVE THE MARKET AVERAGE TO REFLECT CITY YEAR'S GREATER EMPHASIS ON PERFORMANCE, LEADERSHIP AND ENTREPRENEURSHIP, AND TO ENABLE CITY YEAR TO ATTRACT AND RETAIN HIGH-PERFORMING TALENT FROM DIVERSE BACKGROUNDS AND INDUSTRY SECTORS. CITY YEAR COMPARES ITSELF TO BOTH NON-PROFIT AND PRIVATE SECTOR ORGANIZATIONS OF SIMILAR SIZE. IN ADDITION TO SIZE, CONSIDERATION IS GIVEN TO OTHER ORGANIZATIONS' STRUCTURES, AS WELL AS TO ANYTHING ABOUT A PARTICULAR POSITION THAT MAY BE UNIQUE TO CITY YEAR. AS AN EXAMPLE, IN BENCHMARKING THE EXECUTIVE DIRECTOR POSITION, CITY YEAR DISTINGUISHES BETWEEN ORGANIZATIONS HAVING A SIMILAR STRUCTURE (MULTIPLE LOCATIONS WITH CENTRALIZED FUNCTIONS SUCH AS FINANCE AND HR) AND THOSE THAT HAVE AN EXECUTIVE DIRECTOR THAT OVERSEES A STANDALONE ORGANIZATION. THE PURPOSE OF THE COMPENSATION POLICY IS TO ESTABLISH CONSISTENT, SUSTAINABLE, COMPETITIVE, EQUITABLE, AND TRANSPARENT PAY PRACTICES, ALIGNED WITH CITY YEAR'S ORGANIZATIONAL STRATEGY AND COMPENSATION PHILOSOPHY, ACROSS ALL DEPARTMENTS AND DIVISIONS OF CITY YEAR, INC. THE HUMAN POTENTIAL DEPARTMENT IS RESPONSIBLE FOR UPDATING AND MANAGING ENFORCEMENT OF THIS POLICY. PROCEDURE FOR SETTING MARKET REFERENCE POINTS THE HUMAN POTENTIAL DEPARTMENT BENCHMARKS CURRENT MARKET REFERENCE POINTS USING MARKET DATA FOR REPRESENTATIVE POSITIONS FROM ORGANIZATIONS AS DESCRIBED ABOVE, AND REVISES THE MARKET REFERENCE POINT FOR EACH GROUP AS NEEDED. MARKET REFERENCE POINTS FOR THE CHIEF EXECUTIVE OFFICER AND THE CEO'S DIRECT REPORTS (TYPICALLY, BUT NOT LIMITED TO, THE PRESIDENT, CHIEF FINANCIAL OFFICER AND CHIEF EXTERNAL AFFAIRS OFFICER) MUST BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. PROCEDURE FOR SALARY INCREASES CHIEF EXECUTIVE OFFICER - ALL INCREASES ARE DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AND COMMUNICATED TO HUMAN POTENTIAL FOR PROCESSING. CEO DIRECT REPORTS - ALL INCREASES ARE PROPOSED BY THE CEO, MUST BE APPROVED BY THE CHAIR AND VICE CHAIR, IF ANY, OF THE BOARD OF TRUSTEES, AND COMMUNICATED TO HUMAN POTENTIAL FOR PROCESSING. SENIOR LEADERSHIP TEAM - ALL INCREASES ARE PROPOSED BY THE CEO'S DIRECT REPORTS, MUST BE APPROVED BY THE CEO, WITH INPUT FROM THE CHAIR AND VICE CHAIR, IF ANY, OF THE BOARD OF TRUSTEES, AND COMMUNICATED TO HUMAN POTENTIAL FOR PROCESSING. EXECUTIVE DIRECTORS, VICE PRESIDENTS, AND ANY STAFF MEMBER WITH A BASE SALARY >$100K - ALL INCREASES ARE PROPOSED BY THE EMPLOYEE'S MANAGER TO HUMAN POTENTIAL, MUST BE APPROVED BY THE PRESIDENT AND CEO, AND COMMUNICATED TO HUMAN POTENTIAL FOR PROCESSING. PUBLIC DISCLOSURE POLICY FORM 990, PART VI, SECTION C, LINE 19 CITY YEAR'S FORM 990 AND FINANCIAL STATEMENTS (AUDITED ANNUALLY) ARE MADE AVAILABLE TO THE GENERAL PUBLIC THROUGH THE ORGANIZATION'S WEBSITE, ON REQUEST, AND AVAILABLE FOR INSPECTION AT HEADQUARTER OFFICES. ADDITIONALLY, THE FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG. RELATED PARTIES AND AFFILIATIONS CITY YEAR IS ONE OF SEVEN MEMBERS OF CITY YEAR SOUTH AFRICA CITIZEN SERVICE ORGANIZATION, A SEPARATE LEGAL ENTITY WHICH IS INCORPORATED UNDER SOUTH AFRICAN CHARITABLE ORGANIZATION LAWS. ONE INDIVIDUAL MEMBER OF CITY YEAR SOUTH AFRICA IS ALSO A TRUSTEE OF CITY YEAR. CITY YEAR DOES NOT CONTROL AND HAS NO OBLIGATION TO SUPPORT OR BE A BENEFICIARY OF THE NET ASSETS OF CITY YEAR SOUTH AFRICA. AS SUCH, THE FINANCIAL RECORDS OF CITY YEAR SOUTH AFRICA ARE NOT CONSOLIDATED HERE WITHIN. CITY YEAR HAS AN AFFILIATION AGREEMENT WITH CITY YOUTH LIMITED, AN ORGANIZATION INCORPORATED AS A COMPANY LIMITED BY GUARANTEE UNDER THE ENGLISH CHARITY ACT. THE AFFILIATION AGREEMENT PROVIDES FOR, AMONG OTHER THINGS, A GOVERNANCE STRUCTURE THAT ESTABLISHES THE PROGRAM AS A FULLY INDEPENDENT UK CHARITY, WITH CITY YEAR ENTITLED TO APPOINT TWO PERSONS TO THE BOARD OF DIRECTORS. CITY YOUTH LIMITED IS, AND SHALL AT ALL TIMES, REMAIN FINANCIALLY INDEPENDENT FROM CITY YEAR. CITY YEAR DOES NOT CONTROL AND DOES NOT HAVE ANY FINANCIAL OBLIGATION, RESPONSIBILITY OR LIABILITY TO CITY YOUTH LIMITED. AS SUCH, THE FINANCIAL RECORDS OF CITY YOUTH LIMITED ARE NOT CONSOLIDATED HERE WITHIN. PART XI, LINE 5 OTHER CHANGES IN NET ASSETS NET UNREALIZED GAINS ON INVESTMENTS $ 998,128 UNREALIZED NET GAIN ON CHANGES IN FAIR VALUE OF INTEREST RATE SWAP $ 157,901 ----------- TOTAL $ 1,156,029 =========== SCHEDULE G, PART IV, SUPPLEMENTAL INFORMATION FUNDRAISING ACTIVITIES, PART II DISCLOSURE DURING THE FISCAL PERIOD, CITY YEAR WAS PROUD TO HOST 20 SEPARATE FUNDRAISING EVENTS TO BRING LEADERS OF OUR COMMUNITY AND OUR SUPPORTERS TOGETHER. THOSE EVENTS RESULTED IN $6,334,631 OF RECEIPTS. IN ACCORDANCE WITH INTERNAL REVENUE CODE (IRC) 6115, CITY YEAR MADE GOOD FAITH EFFORTS AND DETERMINED THE COST OF GOODS AND SERVICES PROVIDED IN CONNECTION WITH THESE EVENTS TO APPROXIMATE $479,688. THE DIFFERENCE BETWEEN THESE AMOUNTS, $5,854,964, REFLECTS THE GENEROSITY OF OUR DONORS. THE DIRECT COSTS, INCLUDING FACILITY RENTAL AND OTHER SIMILAR EXPENSES WERE $1,064,024. SCHEDULE I, PART IV, SUPPLEMENTAL INFORMATION PART I, LINE 2 CITY YEAR'S DISBURSEMENTS TAKE THE FORM OF PROVIDING CORPS MEMBERS WITH A STIPEND RANGING FROM $175/WEEK TO $375/WEEK DURING THE PROGRAM YEAR. ON A LIMITED BASIS, CITY YEAR PAYS AN EDUCATIONAL AWARD OF $5,550 TO CORPS MEMBERS. THIS AWARD IS FOR EDUCATIONAL AND RELATED EXPENSES AND PAYABLE DIRECTLY TO THE EDUCATIONAL INSTITUTIONS. THE POLICY FOR SELECTING CORPS MEMBERS IS BASED ON A COMBINATION OF WHAT THE INDIVIDUAL CAN BRING TO CITY YEAR AND WHAT CITY YEAR CAN GIVE TO THE INDIVIDUAL. CITY YEAR HAS BEEN SUCCESSFUL IN INVOLVING YOUNG PEOPLE FROM A BROAD RANGE OF RACIAL, SOCIO-ECONOMIC, RELIGIOUS AND EDUCATIONAL BACKGROUNDS AND IS COMMITTED TO RECRUITING AND RETAINING A DIVERSE CORPS. CITY YEAR MAINTAINS A NON-DISCRIMINITORY POLICY TOWARDS ALL EMPLOYEES WITHOUT REGARD TO RACE, AGE, ETHNICITY, RELIGIOUS AFFILIATION OR SEXUAL PREFERENCE.