2024-11-12T06:10:18-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 233078729 CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA CHIL 2156708411 1500 WALNUT STREET 1300 PHILADELPHIA PA 19102 KEISHA JORDAN PRESIDENT & CEO 2156708411 2024-11-06 1 1 KERRI N BOGDA CPA P00760402 7177404863 2024-11-06 2023 2024-10-15 13:58:12Z KEISHA JORDAN 1500 WALNUT STREET 1300 PHILADELPHIA PA 19102 22972711 0 X WWW.CSFPHILADELPHIA.ORG X 2001 PA TO PROVIDE UNDER-RESOURCED PHILADELPHIA FAMILIES WITH SCHOLARSHIPS TO QUALITY, SAFE SCHOOLS. 20 20 22 150 0 0 15364635 15329618 138875 189415 201383 593827 23320 0 15728213 16112860 11197823 12792423 0 0 1427607 1646459 0 116175 566027 726995 1076336 13352425 15631393 2375788 481467 26013969 27641671 1090188 1247762 24923781 26393909 X WITH OVER 20 YEARS OF EXPERIENCE AND OVER 30,000 SCHOLARSHIPS AWARDED, CSFP PROVIDES PHILADELPHIA CHILDREN WITH EIGHT-YEAR, NEEDS-BASED SCHOLARSHIPS TO ATTEND SAFE, QUALITY, K-8TH GRADE SCHOOLS. CONTINUED ON SCHEDULE O.SUPPORTING UNDER-RESOURCED CHILDREN AND FAMILIES, UP TO 3 CHILDREN IN A FAMILY MAY RECEIVE A SCHOLARSHIP. STUDENTS ARE SELECTED FROM A RANDOM, NEEDS BASED LOTTERY. 0 0 14410391 12792423 189415 CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA (CSFP) IS A PRIVATELY-FUNDED PROGRAM WHOSE MISSION IS TO PROVIDE CHILDREN FROM UNDER-RESOURCED PHILADELPHIA FAMILIES WITH FINANCIAL ACCESS TO QUALITY, SAFE, K-8TH GRADE, TUITION-BASED SCHOOLS, THEREBY INCREASING THEIR LONG-TERM ECONOMIC AND SOCIAL SUCCESS. CSFP GRANTS NEED-BASED, PARTIAL SCHOLARSHIPS THROUGH A RANDOM LOTTERY. CSFP CURRENTLY SERVES MORE THAN 6,200 CHILDREN ENROLLED AT OVER 150 PAROCHIAL AND PRIVATE SCHOOLS.CONTINUED ON SCHEDULE O.CSFP PROVIDES ADDITIONAL PROGRAMMING IN SERVICE TO SCHOLARSHIP RECIPIENTS CALLED CAMP CONNECTIONS, WHICH IS A SUMMER PROGRAM IN WHICH SCHOLARSHIP RECIPIENTS ARE INVITED TO ATTEND A WEEKLONG CAMP THROUGH PARTNERSHIPS WITH LOCAL UNIVERSITIES. THE PURPOSE OF CAMP CONNECTIONS IS TO COMBAT "SUMMER SLIDE", THE LOSS OF ACADEMIC PROGRESS OVER THE SUMMER BREAK FROM SCHOOL, BY PROVIDING AN ENRICHING AND FUN OPPORTUNITY FOR SCHOLARSHIP RECIPIENTS TO LEARN, GROW, AND BE CHALLENGED OUTSIDE OF THE TRADITIONAL SCHOOL ENVIRONMENT.CSFP HAS ALSO CREATED THE PROGRAM AMBASSADOR (PA) PROGRAM IN WHICH PARENTS/GUARDIANS OF SCHOLARSHIP RECIPIENTS SERVE AS A REPRESENTATIVE WITHIN THEIR CHILD'S SCHOOL, ACTING AS A KEY CONTACT FOR FAMILIES TO STRENGTHEN RELATIONSHIPS BETWEEN SCHOOLS, THE COMMUNITY, AND CSFP STAFF. PAS PARTICIPATE IN SCHOOL EVENTS ON BEHALF OF CSFP, COMMUNICATE WITH EXISTING FAMILIES ABOUT STUDENT VERIFICATION RECORDS, REGISTRATIONS, AND EVENTS, AND ENGAGE WITH PROSPECTIVE FAMILIES INTERESTED IN APPLYING FOR SCHOLARSHIPS. THEY ALSO COLLABORATE WITH SCHOOL ADMINISTRATORS TO SUPPORT SCHOLAR FAMILIES, REGULARLY CHECK AND RESPOND TO EMAILS FROM CSFP AND FAMILIES, AND ATTEND MANDATORY MEETINGS, INCLUDING ORIENTATION, MONTHLY CHECK-INS, AND A WINTER UPDATE MEETING. 14410391 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 60 0 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X X KYLEE JOHNSON EXECUTIVE AND OPERATIONS MANAGER 2156708411 1500 WALNUT STREET 1300 PHILADELPHIA PA 19102 MARGARET DINNENY CHAIR 1.00 X X 0 0 0 JEREMY BEN-ZEV VICE CHAIR 1.00 X X 0 0 0 JOSEPH FERGUSON SECRETARY 1.00 X X 0 0 0 STEVE KAPP TREASURER 1.00 X X 0 0 0 PATRICK J BURKE CPA DIRECTOR 1.00 X 0 0 0 MARC BRYANT DIRECTOR 1.00 X 0 0 0 TAMALA EDWARDS DIRECTOR 1.00 X 0 0 0 BRADLEY FOUSS DIRECTOR 1.00 X 0 0 0 JUDITH DURKIN FREYER CFA DIRECTOR 1.00 X 0 0 0 LATEEFAH LUCKY DIRECTOR 1.00 X 0 0 0 EVIE MCNIFF DIRECTOR 1.00 X 0 0 0 REV DR LORINA MARSHALL-BLAKE DIRECTOR 1.00 X 0 0 0 LEANNE CLANCY DIRECTOR 1.00 X 0 0 0 MARC S RICHMAN DIRECTOR 1.00 X 0 0 0 JAMES ROBINSON DIRECTOR 1.00 X 0 0 0 CORY O HIPPLER DIRECTOR 1.00 X 0 0 0 JOSE SANTIAGO DIRECTOR 1.00 X 0 0 0 JOSH BARRICKMAN DIRECTOR 1.00 X 0 0 0 TALIB NADIR ELLISON DIRECTOR 1.00 X 0 0 0 PRESTON HAWKINS DIRECTOR 1.00 X 0 0 0 KEISHA JORDAN PRESIDENT & CEO 40.00 X 205515 0 29746 JULIA RAIKEN CHIEF PROGRAM OFFICER 40.00 X 171000 0 7612 MEGAN SARAH STAPLES VP OF DEVELOPMENT 40.00 X 136120 0 12471 DERIK COMALLI SR. DIRECTOR OF OPERATIONS 40.00 X 122900 0 11017 635535 0 60846 4 0 1 0 DUNBAR PUBLIC AFFAIRS AND ASSOCIATE 1003 CEDAR BOOK LANE PENNSBURG PA 18073 CONSULTING SERVICES 133499 1 15329618 125633 15329618 SCHOLARSHIP ADMIN SERVICES 611710 189415 189415 189415 489523 489523 6964155 6859851 104304 104304 104304 16112860 189415 0 593827 13500 13500 12778923 12778923 212016 63604 74206 74206 1184979 844180 186390 154409 130385 87224 23154 20007 119079 77574 22122 19383 12329 12329 52946 52946 116175 116175 36161 36161 458878 275326 91776 91776 100285 68548 31737 120348 57737 45555 17056 44239 26544 17695 14406 4754 2449 7203 3292 3292 6424 6424 EVENTS AND PARTNERSHIPS 71162 43241 9174 18747 RECRUITING 63369 38021 12674 12674 DUES AND SUBSCRIPTIONS 37736 37736 LEASE EXPENSE 25072 15043 10029 29689 16172 10863 2654 15631393 14410391 654975 566027 2138573 92074 9701543 12987642 3062201 1932181 75000 80000 14114 48356 89574 27482 0 62092 11019763 12312324 2775 127002 26013969 27641671 535412 596379 554776 651383 1090188 1247762 X 1201884 1497604 23721897 24896305 24923781 26393909 26013969 27641671 481467 988661 0 X 0 1 X 1 0 X 15405542 10887460 12657055 15364635 15329618 69644310 15405542 10887460 12657055 15364635 15329618 69644310 11596683 58047627 306994 92187 120818 154172 489523 1163694 70808004 328290 0.81980 0.72230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10000 1791 8209 79574 25691 53883 62092 LEASE LIABILITY 130488 SCHOLARSHIP FUNDS HELD FOR OTHERS 520895 651383 X 17065360 988661 -36161 952500 16112860 0 16112860 15595232 0 15595232 36161 36161 15631393 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES IN ACCORDANCE WITH AUTHORITATIVE GUIDANCE, WHICH PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATION EXPENSES. THERE WERE NO UNRECOGNIZED TAX BENEFITS RECORDED DURING THE PERIODS PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED AGAINST REVENUE ON FINANCIALS -36,161. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES NETTED AGAINST REVENUE ON FINANCIALS 36,161. X X X X X 1 LYNSIE BLAIR 237 S 18TH STREET SUITE 8C PHILADELPHIA PA 19103 CAMPAIGN CONSULTANT 0 0 12800 -12800 SCHULTZ & WILLIAMS 1617 JFK BOULEVARD SUITE 1700 PHILADELPHIA PA 19103 CAMPAIGN CONSULTANT 0 0 88375 -88375 PRINCETON STRATEGIES LLC 2008 CHESTNUT STREET SUITE IR PHILADELPHIA PA 19103 CAMPAIGN CONSULTANT 0 0 15000 -15000 116175 -116175 PA 1 ELEVATE215 123 S BROAD STREET SUITE 1170 PHILADELPHIA PA 19109 273097212 501(C)(3) 10000 0 SPONSORSHIP FOR SCHOOL FAIR 1 0 SCHOLARSHIP PROGRAM 171 12778923 0 PART I, LINE 2: THE ORGANIZATION ISSUES GRANT PAYMENTS DIRECTLY TO EACH RECIPIENT'S SCHOOL. PRIOR TO THE ISSUANCE OF THE GRANT, THE ORGANIZATION HAS A DUE DILIGENCE PROCESS TO ENSURE THE SCHOOL IS ACCREDITED AND THEN CONFIRMS WITH THE SCHOOL TO ENSURE THE STUDENT IS ENROLLED. SCHOLARSHIP RECIPIENTS ARE DECIDED BY A PROCESS THAT CONSIDERS THE FAMILY'S INCOME AGAINST THRESHOLDS ESTABLISHED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION. SCHOLARSHIP RECIPIENTS NEED TO APPLY EACH YEAR. THERE ARE NO GRADE REQUIREMENTS TO RECEIVE A SCHOLARSHIP. CONTRIBUTIONS TO OTHER NON-PROFIT ORGANIZATIONS ARE SOMETIMES DISTRIBUTED AS THE NEED ARISES. THESE DONATIONS ARE IN LINE WITH THE MISSION OF THE ORGANIZATION AND NO FURTHER DOCUMENTATION IS REQUIRED. X X 0 0 0 0 0 0 0 1 0 KEISHA JORDAN PRESIDENT & CEO 205015 0 500 0 0 0 8221 0 21525 0 235261 0 0 0 JULIA RAIKEN CHIEF PROGRAM OFFICER 170000 0 1000 0 0 0 6840 0 772 0 178612 0 0 0 PART I, LINE 7 BONUSES ARE PROVIDED TO EXECUTIVES BASED UPON CRITERIA THAT ARE ASSOCIATED WITH PERSONAL PERFORMANCE-BASED RECOGNITION USING CUSTOMIZED PERFORMANCE GOALS. THE OVERALL PERFORMANCE OF THE ORGANIZATION AND ITS STRATEGIC GOALS ARE ALSO CONSIDERED WHEN DETERMINING BONUS ELIGIBILITY. THE EXECUTIVE COMMITTEE AND THE CEO DETERMINE BONUSES FOR EMPLOYEES WHILE THE EXECUTIVE COMMITTEE DETERMINES BONUS ELIGIBILITY FOR THE CEO AND APPROVES ANY BONUS TO BE AWARDED. X 8 118072 NYSE X 10 LAPTOPS 1 7000 COST X 40 PASSES FOR THE ROTHMAN ORTHOPAEDICS ICE RINK 1 561 COST 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED THOROUGHLY BY THE SENIOR DIRECTOR OF OPERATIONS AND THE PRESIDENT AND CEO PRIOR TO SHARING THE RETURN WITH THE FINANCE COMMITTEE. THE FINANCE COMMITTEE FURTHER REVIEWS THE 990 FOR ACCURACY BEFORE AUTHORIZING THE TREASURER TO SIGN. A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER BEFORE FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE AND THE PRESIDENT MONITORS THE RESPONSES. CONFLICTS ARE REVIEWED AND RESOLVED IN A TIMELY MANNER. FORM 990, PART VI, SECTION B, LINE 15 IN NOVEMBER 2023, CSFP ENLISTED ITS PEO TO PERFORM A COMPENSATION STUDY BY UTILIZING COMPARABLE MARKET DATA FROM THE ECONOMIC RESOURCE INSTITUTE AND SALARY.COM. CSFP MADE BEST EFFORTS TO ENSURE THAT EMPLOYEES ARE BEING COMPENSATED AT THE 25TH PERCENTILE IN 2024 GIVEN THEIR QUALIFICATIONS AND POSITION LEVEL. THIS DOCUMENT IS AVAILABLE UPON REQUEST. CSFP IS IN THE PROCESS OF HIRING A CONSULTANT TO COMPLETE ANOTHER COMPENSATION STUDY FOR 2025 WHICH WILL INCLUDE REBUTTABLE CRITERIA TO SUPPORT REASONABLE COMPENSATION FOR THE OFFICER LEVEL POSITIONS. ON A GOING-FORWARD BASIS, BOARD LEVEL DISCUSSIONS ON COMPENSATION WILL BE DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.