2025-11-07T08:33:46-06:00 2024-10-31 200472826 BGM CPA LLC 7900 INTERNATIONAL DR STE 800 BLOOMINGTON MN 554251581 990 2023-11-01 471546411 REBOUND INC REBO 6126159821 6120 EARLE BROWN DR MINNEAPOLIS MN 55430 CARMEANN FOSTER EXECUTIVE DIRECTOR 6126159821 2025-11-05 1 0 COREY EDMUNDS P00288931 9528442500 2025-11-05 2023 2025-03-06 01:10:19Z CARMEANN FOSTER 6120 EARLE BROWN DR MINNEAPOLIS MN 55430 2291603 0 X WWW.REBOUNDMPLS.ORG X 2014 MN LEAD THE WAY IN THE INNOVATION AND PROVISION OF EVIDENCE BASED AND COMMUNITY CENTERED EDUCATION, ADVOCACY, AND REHABILITATION SOLUTIONS TO THE ISSUES FACING THE BLACK COMMUNITY IN THE TWIN CITIES. 7 6 74 15 0 0 357614 333703 1456035 1541260 32386 9107 -4635 -9470 1841400 1874600 0 0 0 0 1517611 1499280 0 0 35591 716132 652951 2233743 2152231 -392343 -277631 1331784 1221747 190074 284603 1141710 937144 LEAD THE WAY IN THE INNOVATION AND PROVISION OF EVIDENCE BASED AND COMMUNITY CENTERED EDUCATION, ADVOCACY, AND REHABILITATION SOLUTIONS TO THE ISSUES FACING THE BLACK COMMUNITY IN THE TWIN CITIES. 0 0 1139634 1112191 REBOUND CONTINUED TO OPERATE TWO THERAPEUTIC, CULTURALLY-SPECIFIC GROUP-HOMES: E.G., "JELANI HOUSE" (FOR BLACK MALES COURT-INVOLVED) AND "NAIMA HOUSE" (FOR GIRLS) AS PART OF ITS SERVICE ARRAY. 508454 131721 THE ONE-ON-ONE MENTORING PROGRAM FOR YOUTH ON PROBATION WAS EXTENDED THROUGH DECEMBER 2026, DEMONSTRATING PROGRAM STABILITY/COMMITMENT. THE ORGANIZATION'S "UJIMA FAMILY RESILIENCE PROGRAM" CONTINUED SUPPORTING BLACK YOUTH AND FAMILIES VIA MULTI-FAMILY TRAUMA-INFORMED GROUPS AND RELATED SUPPORTS (FOOD, TRANSPORTATION, SAFE SPACE). THE CONTRACT FOR THIS PROGRAM WAS EXTENDED THROUGH 2026. 164598 297348 AFTER-CARE AND TRANSITION SUPPORTS (FOR YOUTH AGING OUT OF FOSTER CARE OR MOVING FROM OUT-OF-HOME PLACEMENT) CONTINUED GROWTH INCREASING CAPACITY FROM 6-8 YOUNG ADULTS. 1812686 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 74 1 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X BEAU TORKELSON 6126159821 6120 EARLE BROWN DR 230 MINNEAPOLIS MN 55430 DR ZAKIA ROBBINS-MCNEAL BOARD CHAIR 1.00 X 0 0 0 JATON WHITE VICE CHAIR 1.00 X X 0 0 0 CARMEANN FOSTER EXECUTIVE DIRECTOR & MEMBER 40.00 X X 175655 0 0 MARIE MARTIN MEMBER 1.00 X 0 0 0 TENELLE THOMAS SECRETARY 1.00 X 0 0 0 CARLA SNELLER MEMBER 1.00 X 0 0 0 ROBB CLASEN TREASURER 1.00 X 0 0 0 CHRISTINA BOTTS FORMER DIRECTOR OF OPERATIONS 40.00 X 149221 0 0 324876 0 0 2 1 1 0 0 10931 322772 1047 333703 GROUP HOME SERVICES 623990 1112191 1112191 AFTER CARE SERVICES 624100 138829 138829 TRAUMA SERVICES 624100 131721 131721 MENTORING SERVICES 624100 130138 130138 YOUTH ADVISORY BOARD S 624110 18878 18878 9503 9503 1541260 15094 15094 380666 11509 389539 8623 -8873 2886 -5987 -5987 8847 10931 18841 -9994 -9994 MISCELLANEOUS REVENUE 900099 524 524 524 1874600 1535797 0 5100 327824 186022 119809 21993 13151 13151 959600 909500 42758 7342 94175 34260 59915 104530 88637 12506 3387 28513 25431 3082 10800 10800 918 403 515 3884 3884 178476 170608 5190 2678 845 845 4135 4055 80 30613 30613 64848 56034 8814 RESIDENT EXPENSES 196883 196883 SUPPLIES 41021 33813 7017 191 REPAIRS & MAINTENANCE 34794 34744 50 PROFESSIONAL DEVELOPMEN 24467 12840 11627 32754 18043 14711 2152231 1812686 303954 35591 19108 14930 385646 291429 116342 380133 1953 394 549572 126166 456425 423406 345005 0 7305 111455 1331784 1221747 103790 88666 86284 74510 0 121427 190074 284603 X 908470 661073 233240 276071 1141710 937144 1331784 1221747 -277631 38485 34580 0 X X 0 1 X 1 0 X 118602 233946 180897 357614 377130 1268189 118602 233946 180897 357614 377130 1268189 1268189 1958 4806 6112 21724 15094 49694 1317883 9136681 0.96230 0.96260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 486529 93200 393329 63043 32966 30077 423406 SECURITY DEPOSIT 2500 OPERATING ROU ASSET 108955 111455 OPERATING LEASE LIABILITY 121427 121427 X 1966506 38485 34580 73065 1893441 -18841 -18841 1874600 2171072 18841 18841 2152231 0 2152231 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COMPARABLE SECTION OF THE MINNESOTA INCOME TAX STATUTES. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. DURING THE YEAR ENDED OCTOBER 31, 2024 AND 2023, THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE COMMUNITY'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. INTEREST AND PENALTIES ARE CLASSIFIED AS EXPENSE AS INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT FUNDRAISING COSTS -18,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT FUNDRAISING COSTS 18,841. GALA 8847 8847 430 1235 325 16851 8847 8847 430 1235 325 16851 18841 -9994 X X X X X 0 0 0 0 0 0 0 0 0 CARMEANN FOSTER EXECUTIVE DIRECTOR & MEMBER 152219 0 0 0 23436 0 0 0 0 0 175655 0 0 0 CHRISTINA BOTTS FORMER DIRECTOR OF OPERATIONS 149221 0 0 0 0 0 0 0 0 0 149221 0 0 0 PART I, LINE 3 REBOUND USES BOARD OF DIRECTORS & CONSULTANT'S REPORT TO ESTABLISH THE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 PRIOR TO BECOMING THE TREASURER OF THE BOARD (AND TO THE PRESENT), ROBB CLASEN IS CARMEANN FOSTER AND CHRISTINA BOTTS' PERSONAL FINANCIAL ADVISOR. FORM 990, PART VI, SECTION B, LINE 11B DIRECTOR OF OPERATIONS AND TREASURER GO OVER THE 990 AND SEND ANY CONCERNS/QUESTIONS/CORRECTIONS TO BGM. THEN TREASURER REPORTS INFORMATION TO THE FULL GOVERNING BODY. ANY QUESTIONS THE BOARD HAS IS EITHER ANSWERED BY TREASURER, DIRECTOR OF OPERATIONS OR IT GOES BACK TO BGM TO GIVE THE BOARD MORE INFORMATION. ONCE BOARD IS SATISFIED WITH THE INFORMATION, THE 990 IS ACCEPTED. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS. DURING BOARD MEETINGS, IF THERE IS A CONFLICT, THE DIRECTORS DISCUSS THE CONFLICT AND MAKE DECISIONS ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 ALL KEY EMPLOYEES AND OFFICERS' COMPENSATION WERE DETERMINED BY RESEARCHING COMPARABLE SALARIES AND IMPLEMENTING THEM ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE 990 IS POSTED TO THE ORGANIZATION'S WEBSITE AND IS AVAILABLE UPON REQUEST IN OTHER FORMATS BY CONTACTING THE FINANCE DIRECTOR. FORM 990, PART XII, LINE 2C THERE HAVE NOT BEEN ANY CHANGES IN THE OVERSIGHT PROCESS.