2024-04-22T15:49:17-07:00 2023-06-30 954401626 Vasin Heyn & Company 5000 N Parkway Calabasas 201 Calabasas CA 91302 990 2022-07-01 770603024 Centerspot Inc CENT 9252656610 1035 Detroit Avenue 200 Concord CA 94518 Barbara Moreland President 2024-04-22 true Barbara Moreland 999009999 true Rolland Vasin P00644882 8182223500 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Barbara Moreland 1035 Detroit Avenue 200 Concord CA 94518 422304 false X N/A X 2003 CA To the benefit, perform the functions of, or carry out the purposes of CocoKids, Inc., a California nonprofit public benefit corporation. 3 3 0 0 0 0 0 145401 163911 145401 163911 0 0 0 0 0 0 0 145401 163911 3307742 3345263 1415885 1265298 1891857 2079965 To the benefit, perform the functions of, or carry out the purposes of CocoKids, Inc., a California nonprofit public benefit corporation. false false Centerspot, Inc. supports CocoKids, Inc. in its mission to serve children, families and caregivers. This has been accomplished by purchasing and operating office space and leasing it to CocoKids, Inc. at a below-market rate to provide stable and favorable occupancy costs. true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 3 false false false false false true true true true false false true true false false true true false false false CA X X Gina Azevedo 9252656610 1035 Detroit Avenue Suite 200 Concord CA 94518 X Barbara Moreland President 1.00 0.00 X X 0 0 0 Brad Collins Secretary 1.00 1.00 X X 0 0 0 Neil Kapp Treasurer 1.00 0.00 X X 0 0 0 0 false false false 0 0 0 0 0 0 422304 258393 163911 163911 163911 0 0 0 0 0 163911 163911 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 166873 90696 0 0 0 0 0 0 0 0 4004519 1100126 2889894 2904393 250975 350173 0 0 0 1 3307742 3345263 1376311 1225724 39574 39574 1415885 1265298 X 1891857 2079965 1891857 2079965 3307742 3345263 163911 24197 X false false false X X 1 CocoKids Inc 942383037 9 false 0 0 1 0 true false false false false false false false false false false false false false false true true true X true true Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played The Bylaws of Centerspot, Inc. provides that the officers and directors of CocoKids, Inc. shall have a significant voice in the investment policies of Centerspot, Inc., the timing of its grants, the manner of making its grants, and the selection of grant recipients by Centerspot, Inc., and in otherwise directing the use of the income or assets of Centerspot, Inc. This requirement may be satisfied by face-to-face meetings among officers of Centerspot, Inc. and officers of CocoKids, Inc., by regular communication among them regarding the investments of Centerspot, Inc. and plans for the distribution of its assets, and by forwarding to an officer of CocoKids, Inc. the quarterly statements from Centerspot, Inc.s brokerage firm. By a letter agreement between Centerspot, Inc. and CocoKids, Inc., officers of the two organizations meet at least quarterly to review the investments of Centerspot, Inc. and to consider grants or loans from Centerspot, Inc. to CocoKids, Inc. Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu Substantially all of the activities of Centerspot, Inc. during FYE 2022 directly furthered the exempt purposes of CocoKids, Inc. Centerspot, Inc. owns and maintains offices that Centerspot, Inc. leases to CocoKids, Inc. These are an office building and two office condos in office parks on Detroit Avenue in Concord, California and on Lone Tree Way in Antioch, California. Both are in Contra Costa County. CocoKids, Inc. uses the offices to administer its exempt activities. If Centerspot, Inc. did not hold and maintain the office building and the office condos and lease them to CocoKids, Inc., then CocoKids, Inc. would need to acquire the buildings and condos itself or to lease them from unrelated parties at a much higher rent. The rent that Centerspot, Inc. charges is just enough to cover Centerspot, Inc.s mortgage payments on the properties and to maintain a reserve for repairs and upgrades to the properties. Centerspot, Inc. must charge more than nominal rent for the properties because Centerspot, Inc. must service mortgages, pay contractors to maintain and repair the exteriors of the property and pay fees to maintain the common areas in the Antioch office park. The rent that Centerspot, Inc. charges CocoKids, Inc. for the properties does not exceed an amount necessary to service the mortgages and to maintain a reasonable reserve. The rent under the current leases is approximately 90% of market rent. Part IV, Section E, Line 2b: Reasons For The Organization's Position CocoKids, Inc., as the supported organization, needs office space to administer its programs. But for the ownership and maintenance of the properties by Centerspot, Inc., CocoKids, Inc. would need to acquire and maintain office space by purchasing the space itself or by leasing space from unrelated parties. The board of directors of CocoKids, Inc. determined that it was prudent to isolate the equity in the buildings from claims that could arise in the operation of CocoKids, Inc. Having Centerspot, Inc. acquire the buildings and develop the equity in them addresses this concern. 970000 970000 2504820 895782 1609038 268793 139117 129676 260906 65227 195679 2904393 Security Deposit 39574 39574 188108 24197 24197 163911 163911 Form 990, Part VI, Section A, Line 7a No less than a majority of the directors shall be elected by the Board of Directors of Centerspot, Inc. The remaining directors shall be elected by the directors so chosen by Centerspot, Inc. Form 990, Part VI, Section A, Line 7b Decisions of the governing body that are subject to approval of Centerspot, Inc.'s board are in regards to placing board members. Form 990, Part VI, Section B, Line 11b The 990 will be sent to the governing body for review before it is filed. Form 990, Part VI, Section C, Line 19 By request. CocoKids Inc 1035 Detroil Avenue 200 Concord CA 94518 942383037 Promotes quality care and early education CA 501(c)(3) 509(a)(1) N/A false false false false false false false false false false true false false false false false true false false false CocoKids Inc j 423101 Payment CocoKids Inc p 46088 Payment