2024-05-15T10:38:02-05:00 2023-06-30 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-07-01 311822506 CHESTER COUNTY FUTURES INC CHES 6104589926 50 SOUTH 1ST AVENUE 105 COATESVILLE PA 19320 KATIE DUFFUS EXECUTIVE DIRECTOR 6104589926 2024-05-15 1 KATIE DUFFUS 999009999 0 ADAM WATSON P01367206 2155677770 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATIE DUFFUS 50 SOUTH 1ST AVENUE 105 COATESVILLE PA 19320 808556 0 X WWW.CCFUTURES.ORG X 2003 PA ACADEMIC, MENTORING & EDUCATIONAL SUPPORT FOR LOW INCOME & AT RISK CHESTER COUNTY YOUTH. 19 19 14 37 0 0 816045 675512 0 0 8209 8712 -8286 40359 815968 724583 106375 81925 0 0 614598 576540 0 0 117149 269743 250436 990716 908901 -174748 -184318 727357 600063 155411 188845 571946 411218 MISSION STATEMENT: CHESTER COUNTY FUTURES PROVIDES COMPREHENSIVE ACADEMIC SUPPORT, MENTORING AND SCHOLARSHIPS FOR MOTIVATED ECONOMICALLY DISADVANTAGED YOUTH TO SUCCEED IN SCHOOL, HIGHER EDUCATION AND LIFE." 0 0 698808 81925 "WE OPERATE IN FOUR CHESTER COUNTY SCHOOL DISTRICTS: COATESVILLE AREA SCHOOL DISTRICT, KENNETT CONSOLIDATED SCHOOL DISTRICT, OXFORD AREA SCHOOL DISTRICT AND PHOENIXVILLE AREA SCHOOL DISTRICT. WE ARE THE ONLY COLLEGE ACCESS PROGRAM IN THE REGION THAT SPANS FROM 9TH GRADE THROUGH COLLEGE WITH OUR PROGRAMMING. ANNUALLY, WE ARE PROVIDING ACADEMIC ENRICHMENT TO OVER 300 DIVERSE STUDENTS. ONE-ON-ONE MENTORING SUPPORT, CAREER EXPLORATION, AND COLLEGE READINESS PREPARATION ARE THE CORNERSTONES OF OUR PROGRAMMING. ADDITIONALLY, WE SUPPORT OUR STUDENTS ENROLLED FULL-TIME IN POST-SECONDARY SCHOOL WITH UP TO $4,000 IN SCHOLARSHIP FUNDS." 698808 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X EXECUTIVE DIRECTOR 6104589926 50 SOUTH 1ST AVENUE SUITE 105 COATESVILLE PA 19320 MATTHEW ROVI CHAIRMAN 5.00 X X 0 0 0 DANIEL GENTZEL VICE CHAIR 3.00 X X 0 0 0 JEEWAT BIJLANI FINANCE 3.00 X X 0 0 0 PAMELA J KOCH SECRETARY/GOVERNANCE 1.50 X X 0 0 0 KRISTEN CAMP ESQ MEMBER 1.00 X 0 0 0 TABETHA ADKINS MEMBER 2.00 X 0 0 0 LUIS COLMENARES MEMBER 1.00 X 0 0 0 INNESSA DANIELS MEMBER 2.00 X 0 0 0 DEVON DEITRICH MEMBER 1.00 X 0 0 0 JENNIFER FLUERY MEMBER 1.00 X 0 0 0 CHRISTINA GRIFFIN MEMBER 1.00 X 0 0 0 VIRIND GUJRAL MEMBER 1.00 X 0 0 0 DENNY HOWELL MEMBER 1.00 X 0 0 0 MICHAEL RYAN MEMBER 1.00 X 0 0 0 BLAMAH SARNOR MEMBER 1.00 X 0 0 0 NICKY WESTHEAD MEMBER 1.00 X 0 0 0 JIM DANNA MEMBER 1.00 X 0 0 0 ROB BATES MEMBER 1.00 X 0 0 0 DAWN MURRAY MEMBER 1.00 X 0 0 0 KATIE DUFFUS EXECUTIVE DIRECTOR 37.50 X 13846 0 692 13846 0 692 0 0 0 0 0 10950 664562 4528 675512 8712 8712 124332 10950 83973 40359 40359 724583 0 0 49071 X 81925 81925 77538 66891 4102 6545 418109 360696 22121 35292 6369 5494 337 538 29385 24353 3773 1259 45139 37203 3435 4501 138006 45836 32392 59778 16118 13080 704 2334 8199 4079 3304 816 30368 24294 1215 4859 6658 6658 3323 3323 4219 3375 169 675 SUPPLIES 24786 6535 17699 552 STUDENT SERVICES 17874 17874 MEMBERSHIPS 885 515 370 908901 698808 92944 117149 111745 131570 256051 39440 25508 27342 334053 357942 0 43769 727357 600063 78161 72576 27750 23500 49500 49000 0 43769 155411 188845 X 58320 4836 513626 406382 571946 411218 727357 600063 X -184318 31590 -8000 X 0 1 X 1 0 X 836777 881574 999791 816045 675512 4209699 836777 881574 999791 816045 675512 4209699 285280 3924419 7530 6858 6120 8209 8712 37429 52424 9694 56104 114969 40359 273550 4520678 0.86810 0.83240 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS REVENUE - 2018 AMOUNT: $ 52,424. 2019 AMOUNT: $ 9,694. 2020 AMOUNT: $ 56,104. 2021 AMOUNT: $ 114,969. 2022 AMOUNT: $ 40,359. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 334053 39389 15500 357942 405023 -53192 17778 334053 328814 92333 16124 405023 332821 12157 16164 328814 327522 20079 14780 332821 1.00000 1 0 0 RIGHT OF USE ASSET 43769 43769 OPERATING LEASE OBLIGATION 43769 43769 X 748173 31590 -8000 23590 724583 0 724583 948384 39483 39483 908901 0 908901 PART V, LINE 4: THE INCOME FROM THE ENDOWMENT IS TO BE USED FOR A SCHOLARSHIP PROGRAM AND GENERAL OPERATING EXPENSES. PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER ASC 740 GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. CCF BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE RECEIVABLES -8,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 39,483. BOWLING 15656 8950 6706 3060 364 GOLF OUTING 103716 103716 500 38855 28540 2 14910 2000 12910 2000 10654 134282 10950 123332 2500 41915 39558 83973 39359 1 SCHOLARSHIPS - TUITIONS AND SCHOOL SUPPLIES 92 81925 PART I, LINE 2: PRIOR TO RECEIVING FUNDS, ELIGIBLE STUDENTS MEET WITH ORGANIZATION PERSONNEL TO SIGN AN AGREEMENT STIPULATING THE FUNDS BE USED FOR TUITION & FEES, ROOM & BOARD, AND OTHER REASONABLE EDUCATION RELATED EXPENSES. THE AGREEMENT STIPULATES THAT EACH STUDENT MUST MAINTAIN THEIR STATUS AS A FULL-TIME STUDENT, MAINTAIN CONTACT WITH CCF, SUBMIT AN ACADEMIC TRANSCRIPT EACH SEMESTER, MAINTAIN A 2.0 GPA OR BETTER, AND COMPLETE ALL CCF REQUIRED FORMS. STUDENTS MUST ALSO NOTIFY CCF OF IMPENDING GRADUATION AND SUBMIT A COPY OF THEIR DIPLOMA AND FINAL TRANSCRIPT UPON GRADUATION. THIS AGREEMENT IS REQUIRED PRIOR TO EACH DISBURSEMENT. FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEW OF FORM 990 PRIOR TO ITS FILING WITH THE IRS, A COPY OF THE FORM 990 WILL BE EMAILED TO EACH VOTING MEMBER OF THE GOVERNING BODY FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CCF HAS A CONFLICT OF INTEREST POLICY THAT REGULARY MONITORS CONFLICTS. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING OFFICER'S COMPENSATION CCF'S GOVERNING BOARD REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY AND ANY ADJUSTMENTS. THE GOVERNING BOARD IS ALSO RESPONSIBLE FOR DEVELOPING AND EXECUTING THE SELECTION PROCESS FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILIABILITY FOR OTHER DOCUMENTS COPIES OF CCF'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 WILL BE PROVIDED ON REQUEST. THEY ARE ALSO AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 45,836. MANAGEMENT AND GENERAL EXPENSES 32,392. FUNDRAISING EXPENSES 59,778. TOTAL EXPENSES 138,006. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE CONTRIBUTIONS RECEIVABLE -8,000.