2024-09-05T14:11:54-05:00 2023-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-01-01 223683539 Roots & Wings Foundation % SCOTT KRAEMER ROOT 9734536668 75 Bloomfield Avenue Suite 303 Denville NJ 07834 Edith Fiato Executive Director 9734536668 2024-11-15 true true Michael Pintabone P01275156 7328281614 2023 2024-08-08 14:25:15Z Edith Fiato 75 Bloomfield Avenue303 Denville NJ 07834 1489154 false X rootsandwingsnj.org X 1999 NJ TO PROVIDE SAFE HOUSING,EMOTIONAL SUPPORT LIFE SKILLS, AND EDUCATIONAL OPPORTUNITIES FOR YOUTH AGING OUT OF FOSTER CARE; EMPOWERING THEM TO RISE TOWARD THEIR GREATEST POTENTIAL. 12 12 9 45 0 959724 1290862 54825 51042 3495 18089 0 10217 1018044 1370210 54817 286575 0 0 436309 513672 0 0 155413 512315 320598 1003441 1120845 14603 249365 2004784 2288875 44571 79297 1960213 2209578 X TO PROVIDE SAFE HOUSING, EMOTIONAL SUPPORT, LIFE SKILLS, AND EDUCATIONAL OPPORTUNITIES FOR YOUTH AGING OUT OF FOSTER CARE; EMPOWERING THEM TO RISE TOWARD THEIR GREATEST POTENTIAL. false false 650858 61567 YOUTH SUPPORT WE MAKE A LONG-TERM INVESTMENT IN EACH YOUNG ADULT TO ALLOW THEM THE TIME AND SUPPORT TO BUILD THE EDUCATIONAL FOUNDATION AND SOCIAL MATURITY THEY NEED TO SUCCEED. THE CASE MANAGEMENT SERVICES PROVIDED BY OUR PROFESSIONAL STAFF SERVE AS A SAFETY NET, PROTECTING OUR YOUNG PEOPLE FROM THE RISKS FORMER FOSTER YOUTH FACE WHEN LEFT WIHOUT SUPPORT AND GUIDANCE. (See Schedule O for Detail) 225008 225008 Youth Housing THE RISE (RESIDENTIAL INDEPENDENCE SELF- SUFFICIENCY AND EDUCATION) RESIDENTIAL PROGRAM PROVIDES YOUNG ADULTS WHO HAVE AGED OUT OF THE FOSTER CARE SYSTEM WITH A STABLE ENVIRONMENT SO THAT THEY CAN PURSUE THEIR EDUCATION WITH FULL CONCENTRATION. 875866 true true false false false false false false false false true false false false true true true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false true 17 0 true 9 true false false false false false true true false false false false false false X 12 12 false false true false false false false true true false false true true true true true true true true false NJ NY X SCOTT KRAEMER 9734536668 75 BLOOMFIELD AVENUE NO 303 DENVILLE NJ 07834 Edith Fiato EXEC. Director (START 04/23) 45.0 0.0 X 110348 0 3185 Pat Bohse Interim ED (THRU 04/23) 45.0 0.0 X 41325 0 0 June Toth President 3.0 0.0 X X 0 0 0 Scott Kraemer TREASURER 2.5 0.0 X X 0 0 0 Lisa Adams Secretary 1.5 0.0 X X 0 0 0 Paul Heroux VICE PRESIDENT 1.5 0.0 X X 0 0 0 Andrea Chasin Trustee 1.0 0.0 X 0 0 0 Debra Shannon Gibbons Trustee 1.0 0.0 X 0 0 0 Marisol Peters Trustee 1.5 0.0 X 0 0 0 Leanne Blair TRUSTEE (START 12/2023) 1.0 0.0 X 0 0 0 Peter Nadeau Trustee 1.0 0.0 X 0 0 0 SUSAN PORTNOI TRUSTEE (THRU 03/23) 1.0 0.0 X 0 0 0 Ilene Patasnik TRUSTEE 1.0 0.0 X 0 0 0 Karna Gerich Cestero TRUSTEE 1.0 0.0 X 0 0 0 Dr Dina Lundy TRUSTEE (START 03/2023) 1.0 0.0 X 0 0 0 Lisa Smith Trustee (THRU 05/23) 1.0 0.0 X 0 0 0 151673 0 3185 1 false false false 0 190013 94734 1006115 47162 1290862 RENTAL INCOME 900099 51042 51042 51042 21685 21685 0 0 0 0 0 31411 31837 3170 -426 -3170 -3596 -3596 83937 190013 83937 0 0 10217 0 10217 10217 0 0 0 0 1370210 51042 28306 0 286575 286575 0 0 137416 107185 9619 20612 0 313859 244810 21970 47079 7989 6152 639 1198 15349 11819 1228 2302 39059 30075 3125 5859 0 100 100 61189 40656 20533 0 0 0 43108 28248 14860 10004 3275 6729 52000 31879 10062 10059 0 0 50683 43080 5069 2534 0 0 6468 5158 1310 0 0 24531 20851 1963 1717 26776 19278 6694 804 BAD DEBT EXPENSE 4079 4079 FUNDRAISING EXPENSES 41660 41660 1120845 875866 89566 155413 X 527854 308931 914807 1420888 46130 53586 0 0 0 0 0 0 0 0 0 0 13462 22701 606621 169597 446272 437024 0 0 0 0 0 0 24250 15467 32009 30278 2004784 2288875 36452 58436 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8119 20861 44571 79297 X 1914048 1825562 46165 384016 1960213 2209578 2004784 2288875 249365 X X false true X true false X 945288 850492 1293008 959724 1282374 5330886 0 0 945288 850492 1293008 959724 1282374 5330886 375980 4954906 65712 57893 1858 3573 21685 150721 0 0 5481607 158880 0.90392 0.90121 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180800 180800 311280 96448 214832 52184 25589 26595 11014 7526 3488 51343 40034 11309 437024 0 LEASE LIABILITY 20861 20861 X 1366880 10375 10375 1356505 13705 13705 1370210 1117515 10375 10375 1107140 13705 13705 1120845 PART IV, LINE 2B: THE CUSTODIAL FUNDS ACCOUNT REPRESENTS THE FEE MONEY HELD BY THE FOUNDATION ON BEHALF OF ITS PROGRAM PARTICIPANTS. THE PARTICIPANTS THAT ARE BEING SERVICED ARE REQUIRED TO PAY A FEE TO THE FOUNDATION. THESE FEES ARE ACCUMULATED ON BEHALF OF THE PARTICIPANTS AND ARE RETURNED BACK TO THEM AT THE END OF THEIR PROGRAM TERM. THIS ASSISTS THE PARTICIPANTS IN GETTING ACCUSTOMED TO PAYING BILLS AND GIVES THEM AN AMOUNT TO BEGIN THEIR NEW LIVES AFTER THE PROGRAM. THE FOUNDATION'S POLICY IS TO RECOGNIZE A LIABILITY UNTIL THE MONEY IS DISTRIBUTED BACK TO THE PARTICIPANT, AT WHICH TIME THE LIABILITY IS REMOVED FROM THE FOUNDATION'S BOOKS. PART X, LINE 2: THE FOUNDATION IS AN ORGANIZATION DESCRIBED UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE CODE. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. The Foundation follows the provisions of FASB ASC 740, 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 believes that it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. There are no income tax related penalties or interest included in these financial statements. As required by law, the Foundation files informational returns with the U.S. federal and New Jersey and New York state jurisdictions on an annual basis, Form 990 with the Internal Revenue Service, Form CRI-300R with the State of New Jersey, and Form CHAR 500 with the State of New York. These returns are subject to examination by these authorities within certain statutorily defined periods established by the respective jurisdictions. Parts XI and XII, Line 4b Fundraising expenses of $13,705. RISE & FLY GALA 230631 171908 58723 58723 Author Lunch 43319 18105 25214 25214 0 273950 190013 83937 83937 83937 true rent & emergency assistance 16 286575 PART I, LINE 2: GRANTS ARE APPLIED DIRECTLY TO PAYING BILLS AND MONTHLY EXPENSES FOR PURPOSE OF THE YOUTH HOUSING PROGRAM. THESE PAYMENTS FLOW THROUGH THE INTERNAL CONTROL SYSTEM OF THE FOUNDATION. GRANTS ARE USED IN ACCORDANCE WITH ESTABLISHED GUIDELINES. X SUPPLIES 97 16687 cost X gift cards 7 2520 cost X auction items 69 27955 cost false false false Form 990, Schedule M, Part I - lines 25-27(b) The amount represented on Lines 25-27(b) represent the number of items contributed. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: MONTHLY LIFE SKILLS SEMINARS WERE CONDUCTED THROUGHOUT 2023 FOR THE RISE CLIENTS. THIS YEAR WE HAVE ADDED BACK IN-PERSON WORKSHOPS. WORKSHOPS ARE LED BY COMMUNITY PARTNERS, INDUSTRY EXPERTS, AND/OR STAFF. WE HAVE COVERED TOPICS SUCH AS FINANCIAL LITERACY SKILLS, CREATING VISION BOARDS, NAVIGATING DIFFICULT CONVERSATIONS, A CAREER PANEL PRESENTATION, AND PLANNED PARENTHOOD's OVERVIEW OF BIRTH CONTROL AND STI. EDUCATION CONTINUES TO BE A MAJOR FOCUS OF OUR WORK AND OUR RISE CLIENTS ARE EITHER PURSUING FURTHERING THEIR EDUCATION OR ACQUIRING CAREER AND VOCATIONAL SKILLS THROUGH A VARIETY OF SCHOOLS OR TRAINING PROGRAMS. IN 2023, ROOTS AND WINGS CLIENTS WERE ENROLLED AT Medical Assistant Training- Union County, New Jersey City University, Caldwell College, County College of Morris, ACE Healthcare, Bergen Community College, JR Driving School, and Lincoln Tech. Two program members graduated from their programs at New Jersey City University and ACE Healthcare- HHA Training. In 2024, four program members are expected to graduate from Bergen County Community College, New Jersey Institute of Technology, Lincoln Tech and ACE Healthcare CAN Training. FORM 990, PART VI, SECTION B, LINE 11 B: ROOTS AND WINGS FOUNDATION 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 FINAZLIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12 C: ROOTS AND WINGS FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT-OF-INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATED 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, THE 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 THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15: THE COMPENSATION OF THE FOUNDATION'S OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19: ROOTS AND WINGS FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE FOUNDATION'S OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. IN ADDITION, FORMS 1023 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE FOUNDATION'S OFFICE AT 75 BLOOMFIELD AVE, SUITE 303, DENVILLE, NJ, 07834. Form 990, Part VI, Section A, Line 4: The Organization updated its Bylaws on March 4, 2023.