2025-04-11T09:59:09-05:00 2024-06-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2023-07-01 222592997 CRITERION CHILD ENRICHMENT INC CRIT 5084733422 300 EAST MAIN STREET MILFORD MA 01757 DR ROBERT F LITTLETON JR PRESIDENT 5084733422 2025-04-10 1 0 JOHN G MADDEN P00142526 7813564800 2023 2025-03-06 01:10:19Z DR ROBERT F LITTLETON 300 EAST MAIN STREET MILFORD MA 01757 24944045 0 X WWW.CRITERIONCHILD.COM X 1984 MA TO SUPPORT THE EARLY DEVELOPMENT AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES. 5 4 364 6 -23651 0 6993187 7674094 14192974 14978392 179300 308219 100803 189013 21466264 23149718 0 0 0 0 14123332 14936121 0 0 0 7823095 7833417 21946427 22769538 -480163 380180 26011632 23528477 13016814 9819259 12994818 13709218 X TO SUPPORT THE EARLY DEVELOPMENT AND EDUCATION OF YOUNG CHILDREN AND THEIR FAMILIES. CRITERION BELIEVES IN THE STRENGTH OF THE FAMILY AND ITS CAPACITY TO PROMOTE THE HEALTH AND DEVELOPMENT OF CHILDREN. 0 0 18644639 20598458 EARLY INTERVENTION PROGRAM - SERVES CHILDREN FROM BIRTH TO AGE 3 WHO EXHIBIT DEVELOPMENTAL DELAY OR ARE AT RISK FOR A DEVELOPMENTAL DELAY BECAUSE OF HEALTH OR ENVIRONMENTAL CONDITIONS. EARLY INTERVENTION SPECIALISTS INCLUDE EDUCATORS, THERAPISTS, SOCIAL WORKERS, PSYCHOLOGISTS, NURSES AND OTHER SUPPORT STAFF WHO WORK WITH FAMILIES TO DEVELOP STRATEGIES TO INCORPORATE INTERVENTION OBJECTIVES INTO THEIR DAILY ROUTINES. SERVICES ARE PROVIDED IN THE FAMILY'S HOME, THE CHILD'S DAYCARE, THE EARLY INTERVENTION CENTER OR OTHER COMMUNITY LOCATIONS. 1087245 1107309 FAMILY SUPPORT - HEALTHY FAMILIES IS A PROGRAM FOR FIRST TIME PARENTS UNDER THE AGE OF 21. YOUNG PARENTS ARE PROVIDED WITH SUPPORT, INFORMATION ON CHILD DEVELOPMENT AND ASSISTANCE ACCESSING COMMUNITY RESOURCES. IN ADDITION TO HOME VISITS, FAMILIES HAVE THE OPTION TO PARTICIPATE IN GROUP SOCIAL ACTIVITIES SUCH AS HOLIDAY CELEBRATIONS, FIELD TRIPS AND DINNERS. HEALTHY FAMILIES STAFF CAN ALSO WORK CLOSELY WITH MEDICAL PROVIDERS, SCHOOL SYSTEMS AND OTHER COMMUNITY BASED AGENCIES TO COORDINATE SERVICES FOR PROGRAM PARTICIPANTS. THE PROGRAM IS ALSO ABLE TO ASSIST FAMILIES WITH ACCESSING BASIC NECESSITIES SUCH AS FOOD, SHELTER AND MEDICAL CARE. THE REGIONAL CONSULTATION PROGRAM PROVIDES ENHANCED SERVICES TO INFANTS AND TODDLERS WHO DEMONSTRATE COMPLEX AND EXTENSIVE DEVELOPMENTAL AND MEDICAL/HEALTH NEEDS. WELCOME FAMILY IS A PROGRAM THAT OFFERS A UNIVERSAL, ONE-TIME VISIT TO MOTHERS WITH NEWBORNS. THE ONE-TIME VISIT IS CONDUCTED BY A MATERNAL CHILD HEALTH NURSE AND LASTS APPROXIMATELY 90 MINUTES. A FOLLOW-UP PHONE CALL IS ALSO PROVIDED TWO TO THREE WEEKS AFTER THE VISIT TO DOCUMENT OUTCOMES OF REFERRALS MADE DURING THE HOME VISIT. ALL SERVICES ARE FREE AND MOTHERS WILL NOT BE CHARGED A FEE. MOTHERS ARE THE PRIMARY TARGET POPULATION BUT ANY CAREGIVER IS ELIGIBLE, INCLUDING FATHERS, GRANDPARENTS, ADOPTIVE, AND FOSTER PARENTS. 1022227 934434 CHILD CARE - THE RISE AND SHINE ACADEMY EARLY EDUCATION AND CARE PROGRAMS PROVIDE QUALITY CHILD CARE SERVICES TO FAMILIES OF CHILDREN BETWEEN 1 MONTH AND 7 YEARS OF AGE. EACH CLASSROOM OFFERS DEVELOPMENTALLY APPROPRIATE PROGRAMS DESIGNED TO PROMOTE SKILL DEVELOPMENT AND SOCIAL COMPETENCY IN A SAFE, NURTURING ENVIRONMENT. TEACHERS ARE CERTIFIED BY THE MASSACHUSETTS DEPARTMENT OF EARLY EDUCATION AND CARE AND HAVE EXPERIENCE CARING FOR AND EDUCATING YOUNG CHILDREN.BOTH RSA PROGRAMS ARE ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC). OUR CHILDCARE PROGRAMS ARE DESIGNED TO PROMOTE EARLY COMMUNICATION AND LITERACY SKILLS. 20754111 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 74 0 364 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X X HUMAN SERVICES MANAGEMENT CORP 5084733422 300 EAST MAIN STREET MILFORD MA 01757 MELVIN J THOMPSON CHAIR/DIRECTOR/CLERK 0.59 X X 0 0 0 DR BROOKE LITTLETON-FITZGERALD FIRST VICE PRESIDENT/DIRECTOR 0.72 X X 0 0 0 ROSS MAZZARELLI DIRECTOR 0.49 X 0 0 0 DANA WHITE VICE PRESIDENT/DIRECTOR 0.59 X X 0 0 0 DR BARBARA RUGO-FOCHT DIRECTOR / MEDICAL DIRECTOR 0.68 X 25838 0 0 DR ROBERT F LITTLETON JR PRESIDENT/TREASURER 1.97 X 0 0 0 MAURA MURPHY CHIEF ADMINISTRATIVE OFFICER 40.00 X 197546 0 30392 DEIRDRE MORRISSEY PROGRAM DIRECTOR 40.00 X 118455 0 28270 MARY BISHOP PROGRAM DIRECTOR 40.00 X 108443 0 12463 MARGARET JOHNSON PROGRAM DIRECTOR 40.00 X 105677 0 15783 DENISE SPENCER PROGRAM DIRECTOR 40.00 X 101113 0 11761 DIANE HUGHES-FORTUNATO PROGRAM DIRECTOR 40.00 X 100177 0 3310 757249 0 101979 6 0 1 0 HUMAN SERVICES MANAGEMENT CORPORATION 300 E MAIN STREET MILFORD MA 01757 MGMT/BILLNG/OTH SVCS 3863774 LEONARD MULHERIN & GREENE PC 625 GROVE ST BRAINTREE MA 02184 AUDIT/ACCOUNTING SERVICES 230670 ADAM QUENNEVILLE ROOFING & SIDING INC 160 OLD LYMAN ROAD SOUTH HADLEY MA 01075 ROOFING CONTRACTOR 135531 MARTEL HVAC CORP 58 UNION STREET ASHLAND MA 01721 HVAC SERVICES 122757 4 7671751 2343 7674094 THIRD PARTY PAYMENTS 900099 7214119 7214119 MEDICARE/MEDICAID PAYMENTS 900099 6833827 6833827 PRIVATE FEES 900099 930446 930446 14978392 210499 -23651 234150 892873 999174 794327 1000000 98546 -826 97720 97720 MISC REVENUE 900099 189013 189013 189013 23149718 15167405 -23651 331870 X 231890 231890 12910450 12868869 41581 210867 210867 449021 430090 18931 1133893 1112775 21118 1222269 1222269 34193 34193 297632 41837 255795 15240 15240 2336009 2280658 55351 2027763 1976634 51129 290152 283721 6431 406688 406235 453 9902 9902 PROGRAM SUPPORT 766415 766415 PROGRAM SUPPLIES & MATE 213785 213785 OTHER ADMIN EXPENSES 90321 39880 50441 PROGRAM STAFF TRAINING 55123 54679 444 67925 67666 259 22769538 20754111 2015427 0 X 906422 2309883 2106580 2180217 3304158 2717135 23103 17943 13741422 4529972 10434930 9211450 4940426 5433089 4296013 1658760 26011632 23528477 2009937 1889214 1366762 7873 8046919 6099035 712489 679872 880707 1143265 13016814 9819259 X 12994818 13709218 12994818 13709218 26011632 23528477 X 380180 269800 -45490 109910 X 0 1 X 1 0 X 6398187 5331856 7940425 6993187 7674094 34337749 6398187 5331856 7940425 6993187 7674094 34337749 34337749 111220 128511 120597 143737 210499 714564 40240 72725 107292 100803 189013 510073 35562386 111930303 0.96560 0.97150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 15240 15240 0 PART II-B, LINE 1: CONSULTING SERVICES RELATED TO DIRECT LOBBYING ACTIVITIES 826684 826684 12256395 3968578 8287817 318706 257480 61226 307989 274049 33940 31648 29865 1783 9211450 DEPOSITS 40657 ASSET UNDER INTEREST RATE SWAP AGREEMENT 485357 OPERATING LEASE RIGHT-OF-USE ASSETS, NET 955765 FINANCE LEASE RIGHT-OF-USE ASSET, NET 176981 1658760 OPERATING LEASE LIABILITIES 965608 FINANCE LEASE LIABILITY 177657 1143265 23006508 0 23006508 45490 97720 143210 23149718 22769538 0 22769538 0 22769538 PART XI, LINE 4B - OTHER ADJUSTMENTS: REALIZED GAINS ON INVESTMENTS 98,546. LOSS ON SALE OF FIXED ASSETS -826. X 0 1 0 0 0 0 0 1 0 MAURA MURPHY CHIEF ADMINISTRATIVE OFFICER 177116 0 16950 0 3480 0 28637 0 1755 0 227938 0 0 0 PART I, LINE 4B THE ORGANIZATION'S CHIEF ADMINISTRATIVE OFFICER PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED DEFERRED COMPENSATION PLAN, WHICH IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE, WITH AN ANNUAL CONTRIBUTION MADE BY THE ORGANIZATION OF $20,000 INCLUDED IN RETIREMENT AND OTHER DEFERRED COMPENSATION ON SCHEDULE J, PART II. PART I, LINE 7 THE ORGANIZATION MADE PAYMENTS OF ADDITIONAL COMPENSATION BASED UPON EXCEPTIONAL PERFORMANCE AND PRODUCTIVITY. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 000000000 2018-06-29 10210000 SEE SCHEDULE O 0 0 0 A 3907133 10210000 152794 4479443 5577763 2023 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 1 0 1 1 1 TD BANK NA 30.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 HUMAN SERVICES MGMT CORP SEE SCHEDULE O 1616969 SEE SCH. O 1 HUMAN SERVICES MGMT CORP SEE SCHEDULE O 845729 SEE SCH. O 0 HUMAN SERVICES MGMT CORP SEE SCHEDULE O 724594 SEE SCH. O 0 HUMAN SERVICES MGMT CORP SEE SCHEDULE O 7593 SEE SCH. O 0 HUMAN SERVICES MGMT CORP SEE SCHEDULE O 530633 SEE SCH. O 0 FORM 990, PART VI, SECTION A, LINE 2 DR. BROOKE LITTLETON-FITZGERALD, A DIRECTOR OF THE ORGANIZATION, IS THE DAUGHTER OF DR. ROBERT F. LITTLETON, JR., THE PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 CRITERION CHILD ENRICHMENT, INC. ("CRITERION") HAS ENGAGED HUMAN SERVICES MANAGEMENT CORPORATION, INC. ("HSMC") TO PROVIDE MANAGEMENT AND OTHER SERVICES. PLEASE SEE BELOW FOR A COMPLETE DESCRIPTION OF THE SERVICES PROVIDED BY HSMC. FORM 990, PART VI, SECTION A, LINE 8B BOARD MINUTES ARE MAINTAINED AND APPROVED FOR EACH BOARD OF DIRECTORS MEETING. THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS ACCEPTS AND APPROVES A FINAL COPY OF FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST FORM DISCLOSING ANY POTENTIAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE CONFLICT OF INTEREST FORMS ARE ACCEPTED AND APPROVED BY THE BOARD OF DIRECTORS. BOARD MEMBERS ABSTAIN FROM THE APPROVAL OF ANY TRANSACTIONS IN WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE WEBSITES OF CERTAIN STATE REGULATORY AGENCIES AS WELL AS UPON REQUEST. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G DIRECT CARE CONSULTING: PROGRAM SERVICE EXPENSES 251,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 251,265. THIRD-PARTY BILLING SERVICES: PROGRAM SERVICE EXPENSES 845,729. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 845,729. INSURANCE COORDINATION SERVICES: PROGRAM SERVICE EXPENSES 577,245. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 577,245. EMPLOYEE BENEFIT CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,450. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,450. TEMPORARY STAFFING: PROGRAM SERVICE EXPENSES 6,475. MANAGEMENT AND GENERAL EXPENSES 13,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,155. OTHER PROFESSIONAL SERVICES & CONSULTING: PROGRAM SERVICE EXPENSES 25,619. MANAGEMENT AND GENERAL EXPENSES 28,614. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,233. PROGRAM ADMINISTRATIVE SUPPORT FEE - IT SERVICES: PROGRAM SERVICE EXPENSES 176,286. MANAGEMENT AND GENERAL EXPENSES 1,640. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 177,926. PROGRAM ADMINISTRATIVE SUPPORT FEE - RECRUITING: PROGRAM SERVICE EXPENSES 116,368. MANAGEMENT AND GENERAL EXPENSES 1,083. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 117,451. PROGRAM ADMINISTRATIVE SUPPORT FEE - CREDENTIALING: PROGRAM SERVICE EXPENSES 79,287. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,287. PROGRAM ADMINISTRATIVE SUPPORT FEE - DIGITAL AND SOCIAL MEDIA: PROGRAM SERVICE EXPENSES 19,851. MANAGEMENT AND GENERAL EXPENSES 185. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,036. FACILITY MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 41,197. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,197. PRODUCTION ANALYST SERVICES: PROGRAM SERVICE EXPENSES 43,965. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,965. PAYROLL PROCESSING SERVICES: PROGRAM SERVICE EXPENSES 75,240. MANAGEMENT AND GENERAL EXPENSES 700. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,940. ADVERTISING & MARKETING SERVICES: PROGRAM SERVICE EXPENSES 4,285. MANAGEMENT AND GENERAL EXPENSES 168. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,453. IT CONSULTANT SERVICES: PROGRAM SERVICE EXPENSES 17,846. MANAGEMENT AND GENERAL EXPENSES 831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,677. FORM 990, PART XI, LINE 9: GAIN ON INTEREST RATE SWAP AGREEMENT 109,910. INVESTMENT INC. (INCL. NET REAL/UNREALIZED GAINS) - DEFERRED COMPENSATION 14,524. CHANGE IN VALUE OF DEFERRED COMPENSATION LIABILITY -14,524. FORM 990 SCHEDULE K, PART I FINANCE THE PURCHASE REAL ESTATE, CONSTRUCTION OF NEW FACILITIES AND CERTAIN COSTS OF ISSUANCE, AND REFINANCE OF A 2003 BOND ISSUE AND CERTAIN OTHER INDEBTEDNESS. FORM 990, SCHEDULE L, PART IV CRITERION HAS EXECUTED AN AGREEMENT WITH HUMAN SERVICES MANAGEMENT CORPORATION, INC. ("HSMC"). HSMC IS A MASSACHUSETTS CORPORATION THAT PROVIDES SHARED BUSINESS SERVICES, PERSONNEL, AND EQUIPMENT, WHICH ENABLES SMALLER PROVIDERS ACCESS TO TECHNOLOGY BEYOND THEIR FINANCIAL CAPACITY, AND LARGER PROVIDERS ECONOMY OF SCALE SAVINGS IN BUSINESS AND DEVELOPMENT SERVICES. AS OF JANUARY 1, 2020, THE AGREEMENT PROVIDES FOR A FIVE-YEAR TERM. THE AGREEMENT WILL AUTOMATICALLY RENEW FOR ANOTHER FIVE-YEAR TERM UNLESS EITHER PARTY PROVIDES AT LEAST A ONE-YEAR NOTICE OF NON-RENEWAL, OR THE ARRANGEMENT IS TERMINATED AS PROVIDED FOR IN THE AGREEMENT. CRITERION'S FOUNDER/PRESIDENT/TREASURER IS ALSO THE FOUNDER/ DIRECTOR /PRESIDENT/ TREASURER/STOCKHOLDER OF HSMC AND DOES NOT RECEIVE COMPENSATION FROM HSMC IN CONNECTION WITH SERVICES PROVIDED BY HSMC TO CRITERION. DR. BROOKE LITTLETON-FITZGERALD IS A DIRECTOR ON CRITERION'S BOARD OF DIRECTORS AND AN OFFICER. DR. BROOKE LITTLETON-FITZGERALD IS ALSO THE CHIEF EXECUTIVE OFFICER OF HSMC. HSMC COMPENSATED DR. BROOKE LITTLETON-FITZGERALD APPROXIMATELY $36,788 FOR SERVICES HSMC PROVIDED TO CRITERION DURING CALENDAR YEAR 2023. MANAGEMENT AND PROGRAM ADMINISTRATIVE SUPPORT FEES FOR FINANCIAL, DEVELOPMENT, INFORMATION TECHNOLOGY, RECRUITMENT, HUMAN RESOURCES, FACILITY MANAGEMENT, MARKETING, SOCIAL MEDIA COORDINATION, CREDENTIALING, AND QUALITY ASSURANCE SERVICES ARE 6.5% OF CERTAIN OF CRITERION'S GROSS BUDGETED OPERATING REVENUES. PAYMENTS ARE DUE ON THE FIRST DAY OF EACH MONTH. IF ACTUAL OPERATING REVENUES HAVE EXCEEDED THE AMOUNT BUDGETED AT THE CLOSE OF THE FISCAL YEAR, CRITERION SHALL PAY HSMC AN AMOUNT EQUAL TO 7% OF THE ACTUAL OPERATING REVENUES IN EXCESS OF THE GROSS BUDGETED OPERATING REVENUES. IF CRITERION DOES NOT REQUIRE A SERVICE INCLUDED IN THE MANAGEMENT AND PROGRAM ADMINISTRATIVE SUPPORT FEES, HSMC WILL ISSUE A CREDIT TO CRITERION IN AN AMOUNT EQUAL TO CRITERION'S ALLOCABLE SHARE OF THE COST OF THE PERSONNEL PROVIDING SUCH SERVICE HAD CRITERION RECEIVED THE SERVICE. ALTHOUGH NOT REQUIRED BY THE AGREEMENT, IT HAS BEEN THE PRACTICE OF HSMC TO ISSUE A REBATE TO CRITERION IF THERE IS A PROFIT RELATED TO THE SERVICES PROVIDED BY HSMC. ANY REBATE ISSUED BY HSMC IS BASED ON FEES INCURRED BY CRITERION AND AN ALLOCATION OF EXPENSES RELATED TO THE SERVICES PROVIDED BY HSMC TO CRITERION. MANAGEMENT AND PROGRAM ADMINISTRATIVE SUPPORT FEES, THIRD-PARTY BILLING SERVICES AND SPECIAL PROJECTS SERVICES TOTALED $3,187,292 (THIS AMOUNT INCLUDES $1,616,969 OF MANAGEMENT/PROGRAM ADMINISTRATIVE SUPPORT FEES, $845,729 OF THIRD-PARTY BILLING SERVICES AND $724,594 OF SPECIAL PROJECTS SERVICES) FOR THE YEAR ENDED JUNE 30, 2024. HSMC BILLED CRITERION FOR THIRD-PARTY BILLING AND SPECIAL PROJECTS SERVICES AT ITS ACTUAL COST OF ALLOCABLE SALARY AND FRINGE BENEFITS AND AN ALLOCATION OF OCCUPANCY AND OVERHEAD EXPENSES RELATED TO THESE SERVICES. CRITERION ALSO REIMBURSED HSMC $530,633 FOR OPERATING EXPENSES INCURRED BY HSMC ON BEHALF OF CRITERION DURING THE YEAR ENDED JUNE 30, 2024. HSMC BILLED CRITERION FOR THESE AMOUNTS AT ITS COST. THE FOUNDER/PRESIDENT/TREASURER OF CRITERION IS THE SOLE OWNER AND MEMBER OF GRANITE PARK PROFESSIONAL OFFICES LLC ("GRANITE PARK"). CRITERION HAS EXECUTED A LEASE AGREEMENT WITH GRANITE PARK FOR OFFICE SPACE. HSMC HAS ALSO EXECUTED A LEASE AGREEMENT WITH GRANITE PARK FOR OFFICE SPACE AT THE SAME LOCATION AND SHARES A PORTION OF ITS SPACE WITH CRITERION. CRITERION ENTERED INTO AN AGREEMENT WITH HSMC IN CONNECTION WITH THE SHARED SPACE UNDER WHICH IT REIMBURSES HSMC, AT COST, FOR ITS PRO RATA SHARE OF RENT AND OPERATING COSTS RELATED TO THE SHARED SPACE. CRITERION PAID $7,593, AT COST, TO HSMC UNDER THE SHARED SPACE AGREEMENT DURING THE YEAR ENDED JUNE 30, 2024.