2024-04-26T09:16:43-05:00 2023-06-30 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2022-07-01 222585052 SCARC FOUNDATION INC SUSS 9733837442 11 US ROUTE 206 SUITE 100 AUGUSTA NJ 07822 KAREN L NEWBURGH CFO 9733837442 2024-04-25 1 KAREN NEWBURGH 999009999 0 ANTHONY RISPOLI P02467381 9733281825 2023-10-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN L NEWBURGH 11 US ROUTE 206 AUGUSTA NJ 07822 1768716 0 X WWW.SCARCFOUNDATION.ORG X 1985 NJ THE MISSION OF THE SCARC FOUNDATION, INC. IS TO RAISE FUNDS THAT WILL SUPPORT THE SERVICES THAT SCARC, INC. AND SCARC GUARDIANSHIP SERVICES, INC. PROVIDES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. 32 32 3 150 0 0 856625 819936 0 0 145534 68825 -2875 -9385 999284 879376 575585 425300 0 0 256873 188562 0 0 268775 86564 113317 919022 727179 80262 152197 2979655 3285411 217385 225817 2762270 3059594 X THE MISSION OF THE SCARC FOUNDATION, INC. IS TO RAISE FUNDS THAT WILL SUPPORT THE SERVICES THAT SCARC, INC. AND SCARC GUARDIANSHIP SERVICES, INC. PROVIDES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. WE RAISE THESE FUNDS SO THAT THESE ORGANIZATIONS CAN CONTINUE TO PROVIDE A RANGE OF SERVICES AND SUPPORTS THAT PROMOTE LIVES OF VALUE AND RESPECT FOR ALL INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. THEIR SERVICES ALSO SUPPORT THE CRITICAL ROLE OF FAMILIES PROVIDING AND PLANNING FOR THE LIFELONG CARE OF THEIR LOVED ONES WITH DEVELOPMENTAL DISABILITIES. 0 0 225600 225600 AWARDS FOR SCARC, INC. PROGRAMS - THE FUNDS THAT WE RAISE FOR SCARC, INC. HELPS TO PROVIDE COMMUNITY-BASED SUPPORT OPTIONS SERVING THE LIFELONG NEEDS OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WITH RESPECT, FLEXIBILITY, AND AN ONGOING COMMITMENT TO PROVIDING QUALITY SERVICES AND SUPPORTS. 199700 199700 AWARDS FOR SCARC GUARDIANSHIP SERVICES, INC. PROGRAMS - THE FUNDS THAT WE RAISE FOR SCARC GUARDIANSHIP SERVICES, INC. HELPS THIS ORGANIZATION TO SERVE AS GUARDIAN FOR INDIVIDUALS WHO ARE WITHOUT FAMILY OR FRIENDS WHO CAN SERVE IN THAT CAPACITY. THEY ALSO ASSIST FAMILIES IN OBTAINING GUARDIANSHIP FOR THEIR LOVED ONE WITH A DISABILITY AND OFFER FUTURE PLANNING AND TRUSTEE SERVICES. 425300 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 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 10 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X KAREN NEWBURGH CFO 9733837442 11 US ROUTE 206 SUITE 100 AUGUSTA NJ 07822 RICHARD LECHER PHD CEO 2.00 40.00 X 0 246403 40018 KAREN NEWBURGH CPA CFO 2.00 40.00 X 0 187028 21273 DEBORAH POUST JOHNSON VICE CHAIRPERSON 2.00 X 0 0 0 THEODORE BRENNAN TRUSTEE 2.00 X 0 0 0 JACQUELINE ESPINOZA TRUSTEE 2.00 X 0 0 0 DR JON CONNOLLY TRUSTEE 2.00 X 0 0 0 KAREN CREAMER TRUSTEE 2.00 X 0 0 0 MICHAEL DOLAN TRUSTEE 2.00 X 0 0 0 TYLER BORKOWSKI TRUSTEE 2.00 X 0 0 0 GREG TOUFAYAN TRUSTEE 2.00 X 0 0 0 JENNIFER LYNCH TRUSTEE 2.00 X 0 0 0 HAROLD MACMURREN ESQ TRUSTEE 2.00 X 0 0 0 MIKE MENDIBURU TRUSTEE 2.00 X 0 0 0 JOSEPH MORETTI TRUSTEE 2.00 X 0 0 0 PHILLIP MOTYKA TRUSTEE 2.00 X 0 0 0 ANASTASIA NEGRI TRUSTEE 2.00 X 0 0 0 ROBERT B NICHOLSON III TRUSTEE 2.00 X 0 0 0 SEAN D O'ROURKE TRUSTEE 2.00 X 0 0 0 CLAUDIA RAFFAY TRUSTEE 2.00 X 0 0 0 ROB TARLETON TRUSTEE 2.00 X 0 0 0 ANGELO BOLCATO ESQ TRUSTEE 2.00 X 0 0 0 ROBERT BOYLE TRUSTEE 2.00 X 0 0 0 CHRIS DEXTER TRUSTEE 2.00 X 0 0 0 JOHN FINKELDIE TRUSTEE 2.00 X 0 0 0 CARMINE MARCHIONDA TRUSTEE 2.00 X 0 0 0 WILLIAM OTT TRUSTEE 2.00 X 0 0 0 ART WALTON TRUSTEE 2.00 X 0 0 0 PJ WIEBEL TRUSTEE 2.00 X 0 0 0 JUDY MCDONOUGH TRUSTEE 2.00 X 0 0 0 VINCENT SANGEMINO TRUSTEE 2.00 X 0 0 0 RACHEL ZEBERL TRUSTEE 2.00 X 0 0 0 MEGAN MACMULLIN ESQ CEO 2.00 40.00 X X 0 0 0 CHRIS HEMMER CEO 40.00 X 99609 0 9747 GARY LARSON PAST CHAIRPERSON 2.00 X 0 0 0 JAMIE LACOUTURE CHAIRPERSON 2.00 X 0 0 0 DEENA SMITH TREASURER 2.00 X 0 0 0 HEIDI WEBER SECRETARY 2.00 X 0 0 0 99609 433431 71038 2 0 1 0 0 630196 189740 70547 819936 92972 92972 651712 675859 -24147 -24147 -24147 204096 630196 213481 -9385 -9385 879376 0 0 59440 425300 425300 63476 6347 57129 105822 10582 95240 2502 251 2251 3835 383 3452 12927 1293 11634 11500 1150 10350 14200 1420 12780 8370 837 7533 57572 5757 51815 7290 3645 3645 5612 561 5051 PUBLIC RELATIONS 6838 684 6154 DUES & SUBSCRIPTIONS 1935 194 1741 727179 425300 33104 268775 395146 313794 281549 372668 2895 5879 5041 8076 31511 31511 0 0 2295024 2584994 2979655 3285411 40496 27787 125881 154114 51008 43916 217385 225817 X 748538 937361 2013732 2122233 2762270 3059594 2979655 3285411 152197 145127 0 X X 0 1 X 1 0 X X X 2 SCARC INC 221775304 7 1 225600 0 SCARC GUARDIANSHIP SERVICES INC 223002026 7 1 199700 0 2 425300 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 54207 0 0 0 91327 92972 145534 92972 0 0 8943 8370 0 0 136591 84602 2539143 2422803 258877 282102 0 0 2798020 2704905 0 0 0 2798020 2704905 41970 40574 2756050 2664331 96462 93252 0 0 96462 93252 136591 116102 96462 116102 0 116102 425300 0 0 0 0 0 425300 425300 116102 100.000000000000 116102 0 0 0 248692 493686 575585 1317963 0 116102 0 1201861 425300 0 425300 0 0 1627161 0 132590 493686 575585 425300 SECTION E LINE 2A THE MISSION OF THE SCARC FOUNDATION, INC. IS TO RAISE FUNDS FOR SCARC, INC. AND SCARC GUARDIANSHIP SERVICES, INC. PROGRAMS TO IMPROVE THE LIVES OF PERSONS WITH DEVELOPMENTAL DISABILITIES. SECTION D LINE 3 SCARC FOUNDATION'S PURPOSE IS TO PROVIDE FUNDING FOR THE SUPPORTED ORGANIZATIONS. THE COMMON BOARD MEMBERS HAVE A SIGNIFICANT VOICE IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME AND ASSETS ONLY BECAUSE THEY ARE ON THE FOUNDATION'S BOARD. SCARC FOUNDATION, INC. FOLLOWS A WRITTEN INVESTMENT POLICY STATEMENT THAT OUTLINES THE INVESTMENT POLICIES FOR THE SUPERVISING, MANAGEMENT, AND OVERSIGHT OF THE ASSETS OF SCARC FOUNDATION, INC. SECTION E LINE 2B THE MISSION OF SCARC FOUNDATION, INC. IS TO RAISE FUNDS FOR SCARC, INC. AND SCARC GUARDIANSHIP SERVICES, INC. IF THE FOUNDATION DID NOT EXIST, THE SUPPORTED ORGANIZATIONS WOULD NEED TO ENGAGE IN THEIR OWN FUNDRAISING AND INVESTING ACTIVITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1859705 109426 1969131 1734059 125646 1859705 1640019 94040 1734059 1585444 54575 1640019 1503432 82012 1585444 0.00000 1.00000 0.00000 0 0 4950 4950 0 26561 26561 0 0 PAYABLE TO SCARC, INC 43916 43916 X 1237984 145127 213481 358608 879376 0 879376 940660 213481 213481 727179 0 727179 PART X, LINE 2: THE FOUNDATION IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS THEREBY EXEMPT FROM FEDERAL INCOME TAXES. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT AND IS THERE BY EXEMPT FROM STATE INCOME TAXES. THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION RELATED TO THOSE TAX POSITIONS. THE FOUNDATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE FISCAL YEAR ENDED JUNE 30, 2023. HOWEVER, THE FOUNDATION IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS, WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. THE FOUNDATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR AS OF JUNE 30, 2023 AND 2022. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR FEDERAL AND FOR NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 213,481. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 213,481. PAT ROMANO GOLF INVITATIONAL 356243 256581 99662 10555 44125 24690 20291 WALKATHON 148778 148778 1375 300 7650 3 329271 224837 104434 735 62750 21173 11048 8788 834292 630196 204096 11290 108250 45863 11348 36729 213480 -9384 0 SCARC INC 11 US ROUTE 206 SUITE 100 AUGUSTA NJ 07822 221775304 501(C)(3) 225600 0 PROVIDE FUNDING FOR COMMUNITY ACTIVITIES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO ARE SERVED BY SCARC, INC. SCARC GUARDIANSHIP SERVICES INC 11 US ROUTE 206 SUITE 100 AUGUSTA NJ 07822 223002026 501(C)(3) 199700 0 PROVIDE FUNDING FOR GUARDIANSHIP SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES WHO ARE SERVED BY SCARC GUARDIANSHIP SERVICES. 2 0 X 0 0 0 0 0 0 0 0 0 RICHARD LECHER PHD CEO 0 246403 0 0 0 0 0 19491 0 20527 0 286421 0 0 KAREN NEWBURGH CPA CFO 0 187028 0 0 0 0 0 12156 0 9117 0 208301 0 0 PART I, LINE 3 THE COMPENSATION OF OFFICERS OR KEY EMPLOYEES OF SCARC FOUNDATION, INC. IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. THE COMPENSATION OF RELATED ORGANIZATIONS' OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE RELATED BOARD OF TRUSTEES AN INDEPENDENT BODY. X 70547 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B SCARC FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C SCARC FOUNDATION, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 SCARC FOUNDATION, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 11 US ROUTE 206 AUGUSTA, NJ 07822. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE. FORM 990 PART XII, LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR. SCARC INC 11 US ROUTE 206 AUGUSTA NJ 07822 221775304 PROVIDE CARE FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. NJ 501(C)(3) LINE 7 N/A 0 SCARC GUARDIANSHIP SERVICES INC 11 US ROUTE 206 AUGUSTA NJ 07822 223002026 PROVIDE GUARDIANSHIP SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES NJ 501(C)(3) LINE 7 N/A 0 SCARC HOUSING INC 11 US ROUTE 206 AUGUSTA NJ 07822 208345039 PROVIDE HOUSING TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. NJ 501(C)(3) LINE 7 N/A 0 AUGUSTA CENTER FOR PERSONS WITH DISABILITIES A NJ NONPROFIT CORPORATION 11 US ROUTE 206 AUGUSTA NJ 07822 814708257 PROVIDE RECREATION ACTIVITIES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES NJ 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 SCARC INC B 225600 SCARC GUARDIANSHIP SERVICES INC B 199700 SCARC INC P 43916