2025-01-31T07:43:58-06:00 2024-06-30 Nanavaty Davenport Studley White 123 South Main St Suite 140 Newtown CT 06470 990 2023-07-01 061156849 A Better Chance in Ridgefield Inc % IRA GERARD ABET 2034381284 PO Box 1044 Ridgefield CT 06877 Ira Gerard Treasurer 2037339610 2025-01-27 true true Azian A Kearney P02426278 2034268500 2025-01-27 2023 2025-03-06 01:10:19Z Ira Gerard PO Box 1044 Ridgefield CT 06877 534234 false X www.ridgefieldabc.org X 1986 CT Our mission is to increase the number of well-educated young people of color who are capable of assuming positions of responsibility and leadership in American society. 24 24 6 35 0 255092 298052 0 0 22230 18096 9719 14961 287041 331109 0 0 0 0 70612 81244 0 0 0 205181 198247 275793 279491 11248 51618 1156890 1279597 11284 6979 1145606 1272618 OUR MISSION IS TO INCREASE THE NUMBER OF WELL-EDUCATED YOUNG PEOPLE OF COLOR WHO ARE CAPABLE OF ASSUMING POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN AMERICAN SOCIETY. false false 235417 To provide quality high school education and living environment for educationally underserved low-income students. 235417 true true false false false false false false false false true false false false false true false false false false false 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 true 8 0 6 true false false false false false true true false false X 24 24 true false false false false false false true true false false true true true true true false false false false CT X IRA GERARD 2037339610 PO BOX 1044 Ridgefield CT 06877 X Jan Arnold Co-President 4.0 0.0 X X 0 0 0 Kristen Esemplare Co-President 4.0 0.0 X X 0 0 0 Layne McCarthy 1st Vice President 4.0 0.0 X X 0 0 0 Laura Dobson 2nd Vice President 4.0 0.0 X X 0 0 0 Ira Gerard Treasurer 4.0 0.0 X X 0 0 0 Karen Gerard Corresponding Secretary 4.0 0.0 X X 0 0 0 Geraldine Fish Standards Chair 4.0 0.0 X X 0 0 0 Nancy Brandon Director 2.0 0.0 X 0 0 0 Jessica Brooks Director 2.0 0.0 X 0 0 0 Divya Dorairajan Director 2.0 0.0 X 0 0 0 Sue Ferguson Director 2.0 0.0 X 0 0 0 Khosrow Fozouni Director 2.0 0.0 X 0 0 0 Renee Fozouni Director 2.0 0.0 X 0 0 0 Jean Grevers Director 2.0 0.0 X 0 0 0 Lisa Kuller Director 2.0 0.0 X 0 0 0 Jacque Lang Director 2.0 0.0 X 0 0 0 Lisa Miraglia Director 2.0 0.0 X 0 0 0 Sandra Sadler Director 2.0 0.0 X 0 0 0 Heather Salaga Director 2.0 0.0 X 0 0 0 Kirsten Salley Director 2.0 0.0 X 0 0 0 Jennifer Sproule Director 2.0 0.0 X 0 0 0 Marlena Stout Director 2.0 0.0 X 0 0 0 Alysa Wakin Director 2.0 0.0 X 0 0 0 Hoyt Webb Director 2.0 0.0 X 0 0 0 0 0 0 0 false false false 0 112156 185896 298052 0 20607 20607 0 0 0 0 0 138382 140893 -2511 -2511 -2511 77193 112156 62232 14961 0 0 0 0 0 0 0 331109 18096 0 0 0 0 0 0 81244 81244 0 0 0 0 745 745 12175 12175 0 0 9155 9155 16996 16996 55 55 4948 4948 0 0 0 0 0 0 0 0 24829 24829 22062 22062 EDUCATIONAL EXPENSES 23882 23882 HOUSEHOLD EXPENSES 31940 31940 REPAIRS AND MAINTENANCE 14932 14932 STUDENT ACTIVITIES 13262 13262 23266 23266 279491 235417 44074 0 227744 247277 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8758 13144 829691 691750 130420 137941 730688 818072 0 0 0 0 0 0 59280 63163 1156890 1279597 11284 6979 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11284 6979 X 946184 1017563 199422 255055 1145606 1272618 1156890 1279597 51618 75394 X true X false false false X 280732 265184 292405 255092 298052 1391465 0 0 280732 265184 292405 255092 298052 1391465 174245 1217220 9992 12281 23145 22230 20607 88255 0 0 1479720 0.82260 0.85501 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 698532 592929 105603 97572 67837 29735 33587 30984 2603 137941 0 0 X Part X, Line 2 RABC is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Management is not aware of any course of action or series of events that have occurred that might adversely affect the organization's exempt status. Accounting principles generally accepted in the United States of America (GAAP) require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. RABC is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes that it is no longer subject to income tax examinations prior to 2020. WINTER GALA 158864 109965 48899 40488 GOLF TOURNAMENT 30485 2191 28294 21744 0 189349 112156 77193 62232 62232 14961 Form 990 Part VI, Line 2 - Governing body and management relationships: There is a familial relationship between Karen and Ira Gerard, who are both officers within the organization. There is also a familial relationship between Khosrow and Renee Fozouni, who are directors on the Board. Part VI, Line 11B - Organizations process to review form 990: The Treasurer reviews the draft Form 990 and then the Form 990 is provided to the board prior to filing. Part VI, Line 12C - Enforcement of conflicts policy: The organization requires that all members review the conflict of interest policy and acknowledge receipt in writing. The executive committee is responsible for monitoring and enforcing the policy. Part VI, Line 19 - Governing documents, conflicts of interest, and financial statements disclosure explanation: Individuals can ask for any of the above documents by requesting at the organization's address. Once the information is requested it is provided.