2024-10-30T11:48:24-05:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 3800 GLENWOOD AVE SUITE 200 RALEIGH NC 27612 990 2023-07-01 562230469 EMILY KRZYZEWSKI CENTER INC EMIL 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 LUIS HERNANDEZ TREASURER 9196800308 2024-10-29 1 1 BREE-ANN WEIDNER P01319397 9197821040 2023 2024-10-15 13:58:12Z EMILY K CENTER ADAM EIGENRAUCH 904 WEST CHAPEL HILL STREET DURHAM NC 277013060 3486437 0 X WWW.EMILYK.ORG X 2000 NC EQUIPPING STUDENTS WHO FACE SYSTEMIC BARRIERS TO COMPLETE HIGHER EDUCATION & CONNECT TO CAREERS. 21 20 67 229 0 0 2002800 2689155 48603 58486 159631 327252 -48358 -43627 2162676 3031266 33698 29818 0 0 2211997 2367065 0 0 691124 1043852 1265257 3289547 3662140 -1126871 -630874 19555128 19453348 140346 144620 19414782 19308728 X QUALITY EDUCATIONAL EXPERIENCES ARE ESSENTIAL TO PREPARING STUDENTS FOR THE FUTURE, YET SYSTEMIC BARRIERS CREATE PRONOUNCED DISPARITIES IN EDUCATIONAL OPPORTUNITIES AND OUTCOMES. THE EMILY KRZYZEWSKI CENTER, A NONPROFIT ORGANIZATION IN DURHAM, NORTH CAROLINA, IMPLEMENTS FOUR DISTINCT PROGRAMS DESIGNED TO BUILD ON THE ACADEMIC, CAREER, AND LEADERSHIP POTENTIAL OF STUDENTS WHO ARE TRADITIONALLY UNDERREPRESENTED IN HIGHER EDUCATION. COLLECTIVELY, OUR PROGRAMS SERVE STUDENTS FROM ELEMENTARY SCHOOL THROUGH COLLEGE AND EQUIP THEM WITH THE SKILLS NECESSARY TO SUCCESSFULLY COMPLETE HIGHER EDUCATION, CONNECT TO PROMISING CAREERS, AND BECOME AGENTS OF CHANGE WITHIN THEIR COMMUNITIES. WE AMPLIFY OUR EFFORTS THROUGH PARTNERSHIPS WITH OUR LOCAL SCHOOL DISTRICT, COMMUNITY-BASED ORGANIZATIONS, AND UNIVERSITIES. 0 0 1897448 29818 THE CENTER OPERATES FOUR PROGRAMS THAT ARE ALL ALIGNED WITH THE GOAL OF PROVIDING ACADEMIC SUPPORT, COLLEGE READINESS AND COLLEGE COMPLETION SUPPORT FOR STUDENTS WHO FACE THE MOST PRONOUNCED BARRIERS TO SUCCESSFULLY NAVIGATING AND COMPLETING HIGHER EDUCATION. OUR THREE ENROLLMENT-BASED ELEMENTARY THROUGH COLLEGE PROGRAMS, (K TO COLLEGE PROGRAMS) ARE DESCRIBED BELOW. THE PIONEER SCHOLARS PROGRAM ENSURES THAT OUR ELEMENTARY AND MIDDLE SCHOOL STUDENTS ARE BUILDING THEIR ACADEMIC AND PERSONAL LEADERSHIP SKILLS, ACHIEVING IN SCHOOL, AND LAYING THE FOUNDATION FOR FUTURE COLLEGE SUCCESS. DURING THE 2023-2024 ACADEMIC YEAR, A TOTAL OF 92 STUDENTS PARTICIPATED IN THE PIONEER SCHOLARS, INCLUDING 59 ELEMENTARY STUDENTS AND 33 MIDDLE SCHOOL STUDENTS. THE PROGRAM OPERATED IN PERSON FIVE DAYS PER WEEK FOR AN AVERAGE OF 7.5 HOURS PER WEEK OF INSTRUCTIONAL TIME, PLUS AN ADDITIONAL 7.5 HOURS PER WEEK FOR PRE-PROGRAMMING ACTIVITIES, INCLUDING PHYSICAL RECREATION AND HOMEWORK ASSISTANCE. IN A WIDESPREAD ENVIRONMENT OF LEARNING LOSS, OUR SCHOLARS DEMONSTRATED MODEST LEARNING GAINS AND ENDED THE YEAR ABOVE STATE METRICS FOR THEIR DEMOGRAPHIC: FOR STUDENTS IN GRADES 3-8, 52% MET OR EXCEEDED STATEWIDE READING BENCHMARKS AND 58% MET OR EXCEEDED MATH BENCHMARKS. ADDITIONALLY, IN AN EFFORT TO STEM SUMMER LEARNING LOSS, THE PIONEER SCHOLARS PROGRAM ALSO OPERATED A FOUR-WEEK SUMMER SCHOLARS PROGRAM. 74 STUDENTS ATTENDED SUMMER SCHOLARS AND COMPLETED A TOTAL OF 108 HOURS OF IN-PERSON, PROJECT-BASED ACADEMIC ENRICHMENT AND SKILL-BUILDING DESIGNED TO ENSURE THEIR READINESS FOR THE YEAR AHEAD. LASTLY, IN ADDITION TO ACADEMIC ENRICHMENT AND SUPPORT, ALL STUDENTS BENEFITED FROM THE INTEGRATION OF SOCIOEMOTIONAL LEARNING BASED ON THE CASEL FRAMEWORK INTO PROGRAMMING. THESE ACTIVITIES WERE DESIGNED TO PROACTIVELY BUILD STUDENTS' ABILITY TO MANAGE EMOTIONS, COPE WITH STRESS AND PROBLEM-SOLVE. THE SCHOLARS TO COLLEGE PROGRAM IS DESIGNED TO ASSIST HIGH SCHOOL STUDENTS WHO FACE BARRIERS TO HIGHER EDUCATION TO SUCCEED ACADEMICALLY AND PERSONALLY, GRADUATING FROM HIGH SCHOOL SCHOLARSHIP-ELIGIBLE AND COLLEGE-READY. THIS YEAR, OUR 112 ENROLLED HIGH SCHOOL STUDENTS PARTICIPATED IN AN AVERAGE OF UP TO 4.5 HOURS OF WEEKLY CURRICULUM-BASED INSTRUCTION, INDIVIDUALIZED ACADEMIC COACHING AND COLLEGE ADVISING, 1:1 TUTORING, STANDARDIZED TEST PREPARATION, COLLEGE VISITS, LEADERSHIP DEVELOPMENT AND CULTURAL ENRICHMENT ACTIVITIES. ADDITIONALLY, STUDENTS ATTENDED A ONE OR TWO WEEK SUMMER "BOOT CAMP" TOTALING AN AVERAGE OF 15 HOURS OF DIRECT INSTRUCTION. OUR JUNIORS IN THE CLASS OF 2025 PARTICIPATED IN 15 HOURS OF ACT TEST PREP. AS A RESULT OF THIS INTERVENTION, OUR SCHOLARS DEMONSTRATED A 5% INCREASE IN THEIR SCORES, AND 55% OF OUR SCHOLARS DEMONSTRATED PROFICIENCY, AS COMPARED WITH THE LOCAL DISTRICT PROFICIENCY RATE OF 40%. THE HIGHEST GAINS WERE IN SCIENCE (144%) AND READING (22%). 100% OF OUR HIGH SCHOOL SENIORS GRADUATED HIGH SCHOOL ON TIME, AND THIS GROUP OF 24 SENIORS EARNED 155 COLLEGE ACCEPTANCES TO 53 COLLEGES. THE MAJORITY (96%) OF THEIR DIRECT COLLEGE COSTS ARE COVERED BY GIFT AID. FINALLY, SOCIOEMOTIONAL LEARNING EMBEDDED INTO SCHOLARS TO COLLEGE PROGRAMMING INCLUDED SETTING HEALTHY BOUNDARIES, GOAL SETTING, COPING WITH STRESS AND ANXIETY, DEFINING AND SOLVING PROBLEMS, MANAGING YOUR EMOTIONS, AND MANAGING FINANCIAL AND SCHOOL DECISIONS. 20% OF STUDENTS IN THIS PROGRAM RECEIVED 1:1 SOCIOEMOTIONAL SUPPORT TO ASSIST THEM IN OVERCOMING SPECIFIC CHALLENGES.THE SCHOLARS ON CAMPUS PROGRAM ENSURES THAT STUDENTS WHO COMPLETE THE SCHOLARS TO COLLEGE PROGRAM AND OPT TO CONTINUE IN OUR COLLEGE COMPLETION PROGRAM SUCCESSFULLY TRANSITION TO AND COMPLETE HIGHER EDUCATION BY SUPPORTING THEIR DEVELOPMENT IN THE AREAS OF ACADEMIC AND CAMPUS ENGAGEMENT, CAREER DEVELOPMENT, AND FINANCIAL RESPONSIBILITY THROUGH A ROBUST ADVISING AND SUPPORT MODEL. THIS YEAR, 102 SCHOLARS ON CAMPUS STUDENTS, WHO ARE IN THEIR FIRST THROUGH SIXTH YEAR OF COLLEGE, PARTICIPATED IN PRE-COLLEGE TRANSITION PROGRAMMING, CAPACITY-BUILDING WORKSHOPS, INDIVIDUALIZED ADVISING AND COACHING, CAMPUS VISITS AND PROFESSIONAL MENTORING. FIRST YEAR PERSISTENCE RATES FOR SCHOLARS ON CAMPUS STUDENTS WAS 96%, AND THE SIX YEAR COMPLETION RATE WAS 80%, IN CONTRAST TO 62% FOR STUDENTS ACROSS THE NATION. 430667 THE EMILY K CENTER'S GAME PLAN: COLLEGE PROGRAM PROVIDES POSTSECONDARY INFORMATION, ADVISING AND SUPPORT TO HIGH SCHOOL STUDENTS IN DURHAM THROUGH STRONG PARTNERSHIPS WITH OUR LOCAL SCHOOL DISTRICT AS WELL AS LOCAL COMMUNITY BASED ORGANIZATIONS. THROUGH THIS PROGRAM, WE ARE ABLE TO CONTRIBUTE TO BOTH THE DISTRICT'S AND THE CENTER'S SHARED GOAL OF ENSURING THAT ALL STUDENTS HAVE EQUITABLE ACCESS TO THE INFORMATION AND SUPPORT THEY NEED TO PURSUE THEIR POSTSECONDARY GOALS. STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, WHO COME FROM LOW INCOME FAMILY BACKGROUNDS, AND WHO ARE MEMBERS OF RACIAL/ETHNIC GROUPS THAT ARE UNDER-REPRESENTED IN HIGHER EDUCATION ARE THE TARGET POPULATION FOR THIS PROGRAM, ALTHOUGH ANY STUDENT WHO RESIDES IN DURHAM AND/OR ATTENDS A DURHAM PUBLIC SCHOOLS HIGH SCHOOL CAN ACCESS THE SERVICES. THIS YEAR, THE GAME PLAN: COLLEGE PROGRAM SERVED 1,550 STUDENTS THROUGH THE DELIVERY OF 44 CURRICULUM-BASED WORKSHOPS AND 55 SPECIAL EVENTS OR INITIATIVES. AS A RESULT OF PARTICIPATING IN COLLEGE ACCESS WORKSHOPS, 86% OF STUDENTS REPORTED AN INCREASE IN KNOWLEDGE GAINED ABOUT THE COLLEGE ACCESS TOPIC PRESENTED. ADDITIONALLY, OUR GAME PLAN: COLLEGE TEAM MET THE POSTSECONDARY PLANNING NEEDS OF HIGH SCHOOL STUDENTS THROUGH THE DELIVERY OF 275 1:1 ADVISING SESSIONS TO 171 STUDENTS. THESE SESSIONS SUPPORTED STUDENTS TO MOVE FORWARD IN THEIR POSTSECONDARY EXPLORATION, PLANNING AND APPLICATION COMPLETION PROCESSES. WHILE OUR DELIVERY OF THESE SERVICES IS DESIGNED TO SUPPORT ANY STUDENT WHO RESIDES IN OR ATTENDS A HIGH SCHOOL IN DURHAM, WE ARE ESPECIALLY FOCUSED ON REACHING STUDENTS WITHIN OUR TARGET POPULATION. OUR MOST INTENSIVE SERVICE, 1:1 ADVISING, WAS PREDOMINANTLY DELIVERED TO STUDENTS WITHIN THIS TARGET POPULATION: 40% OF STUDENTS WILL BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE, 52% OF STUDENTS PARTICIPATE IN THE FREE AND REDUCED PRICED LUNCH PROGRAM (22% WERE UNSURE), AND 86% OF STUDENTS WERE FROM RACIAL BACKGROUNDS THAT ARE TRADITIONALLY UNDER-REPRESENTED IN HIGHER EDUCATION.TWO NEW LARGE-SCALE INITIATIVES WERE THE NEXT STEP TEACHERS FELLOWSHIP, AND COLLEGE JUMPSTART! PROGRAM. NEXT STEPS TEACHER FELLOWSHIP IS A PILOT PROGRAM AIMED AT IMPROVING POSTSECONDARY CULTURE WITHIN DISTRICT HIGH SCHOOLS. 192 STUDENTS ENGAGED ACROSS TWO PILOT PROJECTS AROUND IMPROVING CONFIDENCE IN POSTSECONDARY ACCESS. IN THE FIRST PILOT PROJECT, THERE WAS AN AVERAGE NET DECREASE OF 22% LOW KNOWLEDGE/CONFIDENCE AND 19% INCREASE IN HIGH KNOWLEDGE/CONFIDENCE ABOUT POSTSECONDARY MILESTONES AFTER PARTICIPATING IN PILOT. WITHIN THE SECOND PILOT PROJECT, AN AVERAGE NET DECREASE OF 31% LOW KNOWLEDGE/CONFIDENCE AND 32% INCREASE IN HIGH KNOWLEDGE/CONFIDENCE ABOUT POSTSECONDARY EXPLORATION AND CAREER PLANNING AFTER PARTICIPATING IN PILOT. THE COLLEGE JUMPSTART! PROGRAM, A SUMMER MELT INITIATIVE, WAS AIMED AT INCREASING ENROLLMENT RATES OF LOCAL RISING COLLEGE FIRST-YEAR STUDENTS. 52 STUDENTS WERE ENGAGED THROUGH THESE INITIATIVES, 90% OF WHOM FALL WITHIN OUR TARGET POPULATION BASED ON THE STANDARDS OR UNDERREPRESENTED RACE IN POSTSECONDARY ENVIRONMENTS, FREE/REDUCED LUNCH PRICES, OR FIRST-GENERATION COLLEGE STUDENTS. 15 OF THE 52 ENGAGED PARTICIPATED IN ADDITIONAL ADVISING SESSIONS FOCUSED ON FALL ENROLLMENT MILESTONES. 301406 58486 IN ADDITION TO COLLEGE ACCESS PROGRAMMING, THE CENTER ENHANCES THE IMPACT OF LOCAL ORGANIZATIONS THROUGH FACILITY PARTNERSHIPS BY SERVING AS A HOME AND RESOURCE FOR NONPROFITS, SCHOOLS, AND COMMUNITY GROUPS AS THEY CONVENE, LEARN, AND GROW. WE CONTINUED TO SERVE AS THE HOME GYM FOR TWO SCHOOLS AND SUPPORT NUMEROUS OTHER ORGANIZATIONS WITH WEEKLY, MONTHLY AND ANNUAL MEETINGS, PROGRAMMING, AND EVENT SPACE. ORGANIZATIONS SUCH AS DURHAM PUBLIC SCHOOLS FOUNDATION AND THE DURHAM CHARTER SCHOOL NETWORK DIRECTLY REINFORCE OUR CORE MISSION AREAS WHILE ORGANIZATIONS SUCH AS THE CENTER FOR CHILD AND FAMILY HEALTH, NC FARMWORKERS HEALTH PROGRAM, AND LEADERSHIP TRIANGLE SUPPORT THE COMMUNITY ECOSYSTEM IN WHICH OUR STUDENTS AND FAMILIES WORK AND LIVE. IN 2023-24, THE CENTER PARTNERED WITH 36 ORGANIZATIONS. THE CENTER IS OPEN TO FACILITY PARTNER USAGE ON AVERAGE 55 HOURS A WEEK AND PROVIDES SPACE FOR FREE TO OVER 90% OF THESE PARTNERS, RESULTING IN SIGNIFICANT RENTAL SAVINGS AND PROGRAM IMPACT FOR THESE ORGANIZATIONS. TECHNOLOGY UPGRADES THIS YEAR EXPANDED THE ABILITY TO OFFER SPACES FOR ADDITIONAL HYBRID MEETINGS, TRAINING SESSIONS, AND PROGRAMS. 2629521 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 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 5 0 1 67 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X LAUREN GARDNER 9196800308 904 WEST CHAPEL HILL STREET DURHAM NC 27701 ADAM EIGENRAUCH CEO 40.00 X X 170536 0 17100 MICHAEL KRZYZEWSKI CHAIR 3.00 X X 0 0 0 JAMIE K SPATOLA VICE-CHAIR 3.00 X X 0 0 0 LUIS HERNANDEZ TREASURER 3.00 X X 0 0 0 JAZMIN GARCIA SMITH SECRETARY 3.00 X X 0 0 0 ELIZABETH ALDRIDGE CHAIR OF ADVANCEMENT COMM 3.00 X 0 0 0 ROBIN BAREFOOT CHAIR OF NOMIN. & CORP GOVN COMM 3.00 X 0 0 0 PATRICK CUMMINGS CHAIR OF FACILITIES COMM 3.00 X 0 0 0 JOSHUA MBANUSI CHAIR OF PROGRAMMING COMM 3.00 X 0 0 0 NATE BRANSCOMB DIRECTOR 2.00 X 0 0 0 DOROTHY BROWNE DIRECTOR 2.00 X 0 0 0 DONNELL CANNON DIRECTOR 2.00 X 0 0 0 SETH JERNIGAN DIRECTOR 2.00 X 0 0 0 DOUG KAHN DIRECTOR 2.00 X 0 0 0 PATRICK KURZ DIRECTOR 2.00 X 0 0 0 DAISY MAGNUS-ARYITEY DIRECTOR FROM 5/24 2.00 X 0 0 0 JOEL MARCUS DIRECTOR 2.00 X 0 0 0 JACEK ORZECHOWSKI DIRECTOR THRU 11/23 2.00 X 0 0 0 RAHUL PAGIDIPATI DIRECTOR 2.00 X 0 0 0 SUSAN SABISTON DIRECTOR THRU 5/24 2.00 X 0 0 0 GIANELLY VARGAS SANTOS DIRECTOR 2.00 X 0 0 0 MANUEL VIERA DIRECTOR FROM 11/23 2.00 X 0 0 0 TOMEKA WARD-SATTERFIELD DIRECTOR 2.00 X 0 0 0 LEONARDO WILLIAMS DIRECTOR THRU 5/24 2.00 X 0 0 0 LAUREN GARDNER CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 124460 0 10647 VALERIE ANDERSON CHIEF IMPACT OFFICER, EXEC DIR 40.00 X 134701 0 3943 SANDY YORK CHIEF ADVANCEMENT OFFICER 40.00 X 133290 0 3808 562987 0 35498 4 0 1 0 0 546567 45833 2096755 199993 2689155 RENTAL INCOME 531120 36334 36334 DRAMA CAMP 711190 22152 22152 58486 328344 328344 250000 251092 -1092 -1092 -1092 103957 546567 204079 -100122 -100122 BAD DEBT RECOVERIES 900099 53160 53160 CREDIT CARD REWARDS 900099 3335 3335 56495 3031266 58486 0 283625 29818 29818 316188 102192 140198 73798 1685404 1328282 51500 305622 31642 24937 967 5738 171047 134803 5227 31017 162784 128292 4974 29518 48344 26647 9409 12288 32192 32192 253479 139715 49335 64429 1715 871 17 827 48024 7786 16171 24067 157205 118866 9295 29044 138664 94957 1080 42627 13972 11825 2147 18 18 376097 367372 4137 4588 26028 19586 2507 3935 SUPPLIES AND FOOD 83868 42590 816 40462 PERSONNEL ADMIN 60119 33137 11700 15282 STAFF TRAINING EXPENSES 19869 14952 1914 3003 EVENT EXPENSES 2521 1280 25 1216 3142 1595 31 1516 3662140 2629521 341495 691124 875524 196899 2999311 3816382 786192 145109 19498 0 11813899 3627299 8405582 8186600 6403970 7044115 65051 64243 19555128 19453348 75295 80377 65051 64243 140346 144620 X 13084968 12703330 6329814 6605398 19414782 19308728 19555128 19453348 -630874 513943 10877 0 X 0 1 X 1 0 X 4644428 2272093 2970315 2002800 2689155 14578791 4644428 2272093 2970315 2002800 2689155 14578791 2640876 11937915 172745 81855 98766 208874 328344 890584 189331 189331 11244 10738 25431 2671 56495 106579 15765285 215483 0.75720 0.72860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 11,244. 2020 AMOUNT: $ 10,738. 2021 AMOUNT: $ 25,431. 2022 AMOUNT: $ 2,671. 2023 AMOUNT: $ 56,495. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6403970 249999 672338 250000 32192 7044115 5812364 200513 545239 125000 29146 6403970 6890430 64000 -906839 199999 35228 5812364 5665824 89947 1312138 144000 33479 6890430 4917064 602852 240466 66000 28558 5665824 0.16849 0.83151 0 0 173534 173534 10615203 3070182 7545021 651496 318667 332829 373666 238450 135216 8186600 OBLIGATION FOR USE OF BUILDING, NET 64243 64243 X 3681474 513943 17538 531481 3149993 32192 -150919 -118727 3031266 3798405 17538 150919 168457 3629948 32192 32192 3662140 PART V, LINE 4: THE CENTER'S ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR THE ONGOING OPERATIONS OF THE CENTER. THE GSK ENDOWMENT SUPPORTS THE PIONEER SCHOLARS PROGRAM AND THE GENERAL ENDOWMENT ACCOUNTS SUPPORT STUDENT-SERVING PROGRAMS AND GENERAL OPERATIONS OF THE CENTER. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE CENTER IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE. MANAGEMENT BELIEVES THE CENTER CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AS OF JUNE 30, 2024. THE CENTER BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -204,079. BAD DEBT RECOVERIES 53,160. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 204,079. BAD DEBT RECOVERIES -53,160. MOTHER'S DAY BALL 598392 498977 99415 28720 100134 3500 61058 K ACADEMY AUCTION 34100 31000 3100 3100 48 1 18032 16590 1442 647 575 700 5597 650524 546567 103957 647 31820 100709 4200 66703 204079 -100122 1 EMERGENCY FUND 18 7115 OPPORTUNITY FUND 16 19658 SUMMER OPPORTUNITIES FUND 1 100 SCHOLARS ON CAMPUS INCENTIVES 27 2100 YOUTH SAVINGS ACCOUNT 9 845 PART I, LINE 2: THE EMILY K CENTER HAS FIVE FUNDING AREAS WHICH DIRECTLY BENEFIT FAMILIES SERVED IN OUR PROGRAMS. THREE OF THESE PROGRAMS PROVIDE GAP FUNDING FOR EMERGENCY NEEDS OR SPECIAL OPPORTUNITIES. THE EMERGENCY FUND ASSISTS FAMILIES FACING SHORT-TERM FINANCIAL HARDSHIPS. DISBURSEMENTS ARE SMALL AND DONE NO MORE THAN TWICE A YEAR TO HELP FAMILIES PAY UTILITY BILLS, HOUSING EXPENSES, AND TO MEET OTHER CRITICAL NEEDS THAT DIRECTLY IMPACT THE STUDENT'S EDUCATIONAL SUCCESS. THE OPPORTUNITY FUND ASSISTS SCHOLARS ON CAMPUS COLLEGE STUDENTS WITH MEETING GAPS IN FINANCIAL AID FUNDING FOR COLLEGE TUITION, ROOM, BOARD, OR BOOK FEES. THE SCHOLARS TO COLLEGE SUMMER FUND ASSISTS HIGH SCHOOL STUDENTS WITH MEETING GAPS IN FINANCIAL AID FOR SUMMER ACADEMIC ENRICHMENT CAMPS AND PROGRAMS. ALL PAYMENTS FOR THESE THREE PROGRAMS ARE MADE DIRECTLY TO THE VENDOR OR ACADEMIC INSTITUTION WITH A RECEIPT OF PAYMENT SO THAT NO ADDITIONAL MONITORING IS REQUIRED AFTER DISBURSEMENT. THE CENTER ALSO SUPPORTS PARTICIPANTS THROUGH TWO INCENTIVE PROGRAMS. OUR SCHOLARS TO COLLEGE INCENTIVES PROGRAM IS FOR STUDENTS WHO ARE ENROLLED IN HIGHER EDUCATION PROGRAMS. ENROLLED STUDENTS WHO COMPLETE ALL REQUIRED PROGRAM ACTIVITIES AND BENCHMARKS RECEIVE A SMALL INCENTIVE GIFT CARD TWICE A YEAR. OUR YOUTH SAVINGS ACCOUNT PROGRAM IS FOR STUDENTS ENROLLED IN OUR SCHOLARS TO COLLEGE PROGRAM. STUDENTS WHO OPEN AND FUND A STUDENT SAVINGS ACCOUNT WITH OUR PARTNER CREDIT UNION ARE ELIGIBLE FOR AN ANNUAL MATCH UP TO $100. THESE INCENTIVE PROGRAMS ARE PAID THROUGH APPROVED CHANNELS AFTER PROGRAM STAFF HAVE DOCUMENTED THAT ALL ELIGIBILITY REQUIREMENTS HAVE BEEN MET. X X X X 0 0 0 0 0 0 0 0 0 ADAM EIGENRAUCH CEO 170536 0 0 0 0 0 5049 0 12051 0 187636 0 0 0 X 9 145311 FMV X AUCTION/RAFFLE ITEMS 14 31820 FMV X SUPPLIES 15 15016 FMV X FOOD 4 7846 FMV 0 0 1 0 PART I, COLUMN (B): 9 CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. 14 ITEMS CONTRIBUTED FOR AUCTION/RAFFLE. 4 CONTRIBUTIONS OF VARIOUS FOOD RELATED ITEMS. 15 CONTRIBUTIONS OF VARIOUS SUPPLY ITEMS. FORM 990, PART VI, SECTION A, LINE 2 MIKE KRZYZEWSKI, CHAIR OF THE BOARD, HAS A FAMILY RELATIONSHIP WITH JAMIE K. SPATOLA, VICE CHAIR AND BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION FILED AMENDED AND RESTATED ARTICLES OF INCORPORATION WITH THE SECRETARY OF STATE OF THE STATE OF NORTH CAROLINA ON MARCH 6, 2024. THIS RESTATEMENT INCLUDED AN ORGANIZATIONAL NAME CHANGE TO EMILY KRZYZEWSKI CENTER, INC. A LETTER AND DOCUMENTATION OF THIS ORGANIZATIONAL NAME CHANGE WAS SUBMITTED TO THE IRS IN MARCH 2024 AND THE NEW NAME IS CURRENTLY REFLECTED IN THE IRS EXEMPT ORGANIZATIONS BUSINESS MASTER FILE. OTHER KEY UPDATES INCLUDED MODERNIZATION OF THE PURPOSE STATEMENT, NON-DISCRIMINATION, CONFLICT OF INTEREST, VIDEO CONFERENCING, AND APPROVAL SIGNATURES TO REFLECT CURRENT APPROVED POLICIES, MISSION, AND PROGRAMMING. IN ADDITION, THERE WERE CLARIFICATIONS AND SMALL REVISIONS TO TERMS OF BOARD SERVICE AND COMMITTEE COMPOSITION, REPLACEMENT OF THE EXECUTIVE DIRECTOR TITLE WITH THE CEO TITLE, AND DISCONTINUING THE DESIGNATION OF DIRECTOR EMERITUS AND LEAD DIRECTOR. ALL CHANGES REFLECTED MODERNIZATION AND STREAMLINING TO MATCH CURRENT BEST PRACTICES AND ORGANIZATIONAL POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE YEAR-END CLOSE IS PERFORMED, AND THE ANNUAL FORM 990 INFORMATION RETURN IS PREPARED, BY A CPA FIRM SELECTED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, WITH SUCH SELECTION BEING DELEGABLE TO THE CEO. PRIOR TO FILING, A DRAFT OF THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. FOLLOWING ANY RECOMMENDED CHANGES TO THE DRAFT, THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND TO BE APPROVED BY VOTE AT A QUARTERLY BOARD MEETING. ONCE APPROVED, THE FORM 990 IS SIGNED BY AN OFFICER AND FILED WITH THE IRS IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS, ALL NON-BOARD MEMBER COMMITTEE ADVISORS, AND ALL EMPLOYEES WITH SIGNIFICANT DECISION-MAKING AUTHORITY. THESE COVERED PERSONS ARE REQUIRED TO COMPLETE AND UPDATE ANNUALLY A CONFLICT OF INTEREST DISCLOSURE STATEMENT, AND ARE REQUIRED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY ARE IDENTIFIED. THIS IS USUALLY ACCOMPLISHED IN OR NEAR AUGUST AT ANNUAL BOARD AND STAFF RETREATS. EMPLOYEES MAKE DISCLOSURES TO THE CEO, WHO IS RESPONSIBLE FOR DETERMINING IF AN ACTUAL CONFLICT OF INTEREST EXISTS, AND DOCUMENTING THE RATIONALE FOR THE CONCLUSION. THE CEO REVIEWS ALL TRANSACTIONS FOR WHICH A COVERED EMPLOYEE HAS AN ACTUAL CONFLICT OF INTEREST, AND PRESCRIBES A COURSE OF ACTION TO MINIMIZE THE EFFECT OF THE CONFLICT OF INTEREST ON THE TRANSACTION. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, THEY SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CEO AND MEMBERS OF THE BOARD OF DIRECTORS MAKE DISCLOSURES TO THE SECRETARY OF THE BOARD OF DIRECTORS (EXCEPT IN THE CASE OF THE SECRETARY WHO WILL DISCLOSE TO THE VICE CHAIR), WHO IS RESPONSIBLE FOR DETERMINING IF AN ACTUAL CONFLICT OF INTEREST EXISTS, AND DOCUMENTING THE RATIONALE FOR THE CONCLUSION. THE SECRETARY OR VICE CHAIR OF THE BOARD OF DIRECTORS REVIEWS ALL TRANSACTIONS FOR WHICH A MEMBER OF THE BOARD OF DIRECTORS HAS AN ACTUAL CONFLICT OF INTEREST, AND PRESCRIBES A COURSE OF ACTION TO MINIMIZE THE EFFECT OF THE CONFLICT OF INTEREST ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY LEVEL AND BENEFITS PACKAGE OF ALL EXECUTIVE EMPLOYEES IS [1] SUBJECT TO REVIEW AND APPROVAL BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS; [2] ESTABLISHED WITH RELIANCE ON DOCUMENTED COMPARABILITY DATA TO ENSURE IT DOES NOT EXCEED COMPARABLE LEVELS OF COMPENSATION FOR NON-PROFIT DIRECTORS IN THE REGION OF THE COUNTRY IN WHICH THE EMPLOYEE WORKS.; AND [3] DOCUMENTED CONTEMPORANEOUSLY WITH THE DELIBERATIONS (I.E. AT THE TIME OF THE MEETING). THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE CHIEF EXECUTIVE OFFICER IN MAY AND MAKES ANY CHANGES TO EMPLOYMENT TERMS ANNUALLY IN JULY. IN JULY 2023 THE EXECUTIVE COMMITTEE APPROVED A SALARY INCREASE FOR THE CHIEF EXECUTIVE OFFICER. AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS, THE BOARD OF DIRECTORS APPROVES A STAFFING PLAN AND ORGANIZATIONAL STRUCTURE PROPOSED BY THE EMILY K CENTER MANAGEMENT TEAM. FOR EACH STAFF POSITION, THE JOB TITLE, JOB CLASSIFICATION (EXEMPT OR NON-EXEMPT FROM THE FEDERAL FAIR LABOR STANDARDS ACT), JOB DESCRIPTION, AND PAY RANGE ARE APPROVED BY THE CEO. THE CEO IS HIRED BY, AND REPORTS TO, THE BOARD OF DIRECTORS. ALL OTHER EMPLOYEES ARE HIRED BY THE CEO, AND COMPENSATION WITHIN THE APPROVED RANGE IS ESTABLISHED BY THE CEO. EACH EMPLOYEE'S PERSONNEL FILE INCLUDES DOCUMENTATION OF TERMS OF EMPLOYMENT SIGNED BY THE EMPLOYEE AND CEO, OR IN THE CASE OF THE CEO'S EMPLOYMENT, AN APPROPRIATE BOARD MEMBER. TERMS OF EMPLOYMENT INCLUDE THE JOB TITLE, JOB CLASSIFICATION (EXEMPT OR NON-EXEMPT FROM THE FEDERAL FAIR LABOR STANDARDS ACT), JOB DESCRIPTION, COMPENSATION AMOUNT, STANDARD HOURS PER WEEK, PAID TIME OFF (PTO) HOURS, AND BENEFITS. FOR ANY CHANGES IN EMPLOYMENT TERMS THAT PERTAIN ONLY TO SALARIES (E.G. ANNUAL SALARY INCREASES), EMPLOYEES ARE NOTIFIED OF THE CHANGE BY EMAIL AND DOCUMENTATION IS FILED WITH THE CHIEF OPERATING OFFICER. ANY OTHER CHANGES IN THESE EMPLOYMENT TERMS ARE SIGNED BY THE EMPLOYEE AND CEO, OR IN THE CASE OF THE CEO'S EMPLOYMENT, AN APPROPRIATE BOARD MEMBER. FORM 990, PART VI, SECTION C, LINE 19 THE THREE MOST RECENT FORM 990S (INCLUDING FINANCIAL INFORMATION, BUT EXCLUDING THE DONOR NAMES ON SCHEDULE B) ARE POSTED ON THE EMILY K CENTER'S WEBSITE. AUDITED FINANCIAL STATEMENTS, BYLAWS, CONFLICTS OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.