2024-05-15T22:49:21-05:00 2023-06-30 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2022-07-01 132940671 THE CHILDRENS STOREFRONT CHIL 2124277900 PO BOX 1171 NEW YORK NY 10035 KELLY ADELINE MEDEIROS EXECUTIVE DIRECTOR 2124277900 2024-05-15 1 KELLY ADELINE MEDEIROS 999009999 1 WILLIAM SKODY P00631754 2129671100 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KELLY ADELINE MEDEIROS PO BOX 1171 NEW YORK NY 10035 5286747 0 X THECHILDRENSSTOREFRONT.ORG X 1966 NY WORKS WITH FAMILIES TO PROMOTE THE DEVELOPMENT OF CHILDREN IN THE FIRST THOUSAND DAYS OF LIFE X 7 5 9 6 0 0 371338 628128 0 0 12232 2916042 350000 435000 733570 3979170 0 0 0 0 323864 502063 0 0 89612 859979 368594 1183843 870657 -450273 3108513 2247943 5447391 69125 195368 2178818 5252023 X DEEPLY IMPROVING THE LIVES OF CHILDREN THROUGH EARLY EDUCATION INNOVATION IS WHAT THE CHILDREN'S STOREFRONT DOES. HAVING MADE A LASTING MARK ON THE LOCAL EDUCATION LANDSCAPE OVER SEVERAL DECADES, THE CHILDREN'S STOREFRONT IS NOW FOCUSING ON HIGH-IMPACT WAYS TO PROMOTE THE EARLY DEVELOPMENT OF CHILDREN DURING THEIR CRITICAL FIRST THOUSAND DAYS OF LIFE, LAYING A SOLID FOUNDATION FROM A CHILD'S EARLIEST DAYS FOR LIFELONG SUCCESS. 0 0 505081 THIS YEAR, THE CHILDREN'S STOREFRONT LAUNCHED OUR IN-PERSON PLAYSPACE AND EXPANDED OUR EARLY CHILDHOOD PROGRAM. TO DATE, WE HAVE SERVED OVER 200 FAMILIES WITH BABIES AND TODDLERS UP TO AGE THREE. BOTH OUR VIRTUAL AND IN-PERSON PLAY AND LEARN PROGRAM PROVIDE A SAFE AND NURTURING COMMUNITY, FAMILY-FOCUSED RESOURCES, AND FACILITATIVE COACHING FROM EARLY CHILDHOOD DEVELOPMENT SPECIALISTS. OUR COACHING FOCUSES ON STRATEGIES TO SUPPORT HEALTHY BRAIN DEVELOPMENT, AND IT IS OFFERED IN WEEKLY SESSIONS THAT INCLUDE MUSIC, READING, ART, AND OTHER DEVELOPMENTALLY-APPROPRIATE ACTIVITIES. THE COMMUNITY RESPONSE HAS BEEN OVERWHELMINGLY POSITIVE, WITH THE MAJORITY OF OUR FAMILIES REACHING US THROUGH WORD-OF-MOUTH REFERRALS AND PARTICIPANTS SHARING THAT THEY HAVE A BETTER UNDERSTANDING OF HOW PLAY AND COMMUNICATION STRENGTHENS THEIR CHILD'S BRAIN. 505081 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 9 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X THE ORGANIZATION 2124277900 PO BOX 1171 NEW YORK NY 10035 ROBERT T RYLEE CHAIR 2.00 X X 0 0 0 CHRISTOPHER MOORE VICE CHAIR 2.00 X X 0 0 0 ELSIE V AIDINOFF VICE CHAIR 2.00 X X 0 0 0 GEORGE B WEIKSNER TREASURER 2.00 X X 0 0 0 CHRISTINE MOORE SECRETARY 2.00 X X 0 0 0 ORREN ALPERSTEIN DIRECTOR 1.00 X 0 0 0 VINCENT CASEY DIRECTOR 1.00 X 0 0 0 KELLY ADELINE MEDEIROS EXECUTIVE DIRECTOR 40.00 X 100009 0 15800 100009 0 15800 1 0 0 0 0 628128 628128 49692 49692 435000 0 435000 435000 435000 649939 3523988 507844 799733 142095 2724255 2866350 2866350 3979170 0 0 3351042 161015 117456 19521 24038 266408 194283 32246 39879 36178 26492 4484 5202 38462 28164 4767 5531 6010 6010 627 627 59582 59582 18007 3628 7035 7344 92294 84061 5111 3122 73074 1929 71145 49817 16605 33212 MAINTENANCE & CUSTODIAN 20951 19082 1160 709 FIRE/SECURITY/MAINT. EX 19664 19664 SUPPLIES 14405 8578 2040 3787 EQUIPMENT 5024 5024 9139 4803 4336 870657 505081 275964 89612 175646 556881 406806 91575 110000 79811 11535 2302993 1863486 1312313 439507 4131376 181792 198092 2247943 5447391 69125 20649 0 174719 69125 195368 X 1816115 4877583 362703 374440 2178818 5252023 2247943 5447391 3108513 -35308 0 X X 0 1 X 1 0 X 381217 267264 393992 371338 628128 2041939 381217 267264 393992 371338 628128 2041939 326613 1715326 9785 1223 18113 12232 2916042 2957395 4999334 628303 0.34310 0.82570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 282703 -31068 251635 362703 -80000 282703 467703 80000 185000 362703 462079 5624 467703 828303 13098 379322 462079 1.00000 0 0 37996 37996 2253801 1855555 398246 11196 7931 3265 439507 ENDOWMENT 277079 F INVESTMENTS 3854297 F 4131376 LEASE LIABILITY - OPERATING LEASE 156219 SECURITY DEPOSIT PAYABLE 18500 174719 3943235 -35308 -35308 3978543 627 627 3979170 870030 0 870030 627 627 870657 57-61 EAST 129TH STREET; THREE BUILDINGS AND LAND. 2022-08-12 3700000 NEGOTIATED PRICE WHICH EXCEEDED APPRAISED VALUE. 862382561 ADAR 555 LLC CO RYAN PEDRAM 182-11 UNION TURNPIKE FLUSHING NY 11366 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS CHRISTINE MOORE & CHRISTOPHER MOORE ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11B BEFORE THE FORM 990 WAS FILED, A COPY WAS DISTRIBUTED VIA EMAIL TO MEMBERS OF THE AUDIT COMMITTEE AS WELL AS TO THE FULL BOARD OF TRUSTEES FOR THEIR REVIEW. ALL QUESTIONS AND COMMENTS WERE GATHERED AND SUBMITTED VIA EMAIL TO THE EXECUTIVE DIRECTOR AND THE CHAIR OF THE AUDIT COMMITTEE. ONCE THESE QUESTIONS WERE ADDRESSED, ANY REVISIONS WERE MADE AND DISTRIBUTED TO ALL BOARD MEMBERS AND THE FORM 990 WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TCS HAS ADOPTED A CONFLICT OF INTEREST POLICY REQUIRING THAT ANY TRANSACTION WITH INTERESTED PARTIES IS FULLY DISCLOSED. THIS POLICY IS REVIEWED ON AN ANNUAL BASIS. ALL TRUSTEES, LEADERSHIP STAFF, AND SENIOR STAFF ARE REQUIRED TO COMPLETE THE DISCLOSURE STATEMENT ANNUALLY. THE CHAIR WILL REPORT TO THE BOARD OF TRUSTEES THAT DISCLOSURE FORMS HAVE BEEN COMPLETED AND WHETHER ANY POTENTIAL CONFLICTS HAVE BEEN DISCLOSED. IF AT ANY TIME A TRUSTEE OR AFFECTED EMPLOYEE ACQUIRES AN INTEREST IN A MATTER THAT MIGHT POSE A CONFLICT, THEY SHALL PROMPTLY DISCLOSE SUCH INTEREST IN WRITING. INTERESTED PARTIES WHO HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WILL NOT PARTICIPATE IN DECISIONS AFFECTED BY THAT INTEREST AND THE ORGANIZATION. THOSE LEADERSHIP AND SENIOR STAFF INVOLVED IN PROCESSING INVOICES MUST REVIEW EACH TRANSACTION FOR CONFLICTS; IF ONE IS DISCOVERED, IT IS REPORTED TO THE BOARD CHAIR. THE BOARD OF TRUSTEES AND ALL OFFICERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A DURING THE BUDGET DEVELOPMENT PROCESS EACH YEAR, LEADERSHIP STAFF AND MEMBERS OF THE FINANCE COMMITTEE RESEARCH RELEVANT INDUSTRY ORGANIZATIONS AND PEER ORGANIZATIONS TO ASSESS APPROPRIATE COMPENSATION LEVELS FOR STAFF MEMBERS. THE STAFFING STRUCTURE AND ASSOCIATED SALARIES ARE APPROVED BY THE BOARD OF TRUSTEES DURING THE FORMAL BUDGET APPROVAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, DOCUMENT RETENTION POLICY, AND DONOR PRIVACY POLICY ARE EACH LISTED ON THE WEBSITE OF THE CHILDREN'S STOREFRONT. RECENT AUDITED FINANCIALS ARE ALSO AVAILABLE ON THE WEBSITE. ADDITIONAL GOVERNANCE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.