2023-11-15T22:37:12-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2022-01-01 273069592 50CAN INC 50CA 3014588452 1380 MONROE STREET NW 413 WASHINGTON DC 20010 MARC MAGEE CEO & TREASURER 3014588452 2023-11-15 1 MARC MAGEE XXX-XX-XXXX 1 GARRETT M HIGGINS P00543209 2033232400 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARC MAGEE 1380 MONROE STREET NW 413 WASHINGTON DC 20010 37151589 0 X WWW.50CAN.ORG X 2010 CT 50CAN, INC. IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO BUILDING THE FUTURE OF AMERICAN EDUCATION BY DELIVERING ON FIVE CORE PROMISES TO THE COUNTRY'S CHILDREN. 10 9 67 9 0 0 13114433 33899673 1548826 3179574 706 1307 35483 9979 14699448 37090533 644799 22698911 0 0 6686403 7365030 5586 0 1090541 4204388 6277492 11541176 36341433 3158272 749100 11451169 12137182 649159 606936 10802010 11530246 X 50CAN IS ORGANIZED FOR THE PURPOSE OF IMPROVING THE QUALITY OF PUBLIC EDUCATION IN THE UNITED STATES OF AMERICA. IT DOES SO THROUGH THE CREATION AND MANAGEMENT OF STATE-BASED EDUCATIONAL ADVOCACY CAMPAIGNS, FELLOWSHIPS FOR COMMUNICATORS AND CHANGE MAKERS, SUPPORT OF EDUCATIONAL INNOVATORS AND ENTREPRENEURS AND PROVIDING RESOURCES AND RESEARCH ON EFFECTIVE ADVOCACY. 0 0 26018003 22698911 3179574 FISCAL SPONSORSHIPS50CAN OFFERS FISCAL SPONSORSHIP SERVICES TO PARTNER ORGANIZATIONS THAT WORK WITHIN THE ORGANIZATION'S BELIEVE IN BETTER POLICY FRAMEWORK. TO DATE, THESE RELATIONSHIPS HAVE BEEN OFFERED TO NEW ORGANIZATIONS AWAITING INDEPENDENT 501(C)(3) STATUS OR TO THOSE WHO WANT TO UTILIZE 50CAN'S FINANCIAL AND ADMINISTRATIVE MANAGEMENT. 4290087 0 0 ADVOCATE FOR POLICY CHANGE50CAN'S EXPERT STAFF TEAMS UP WITH LOCAL ADVOCACY LEADERS TO DEVELOP AND ENACT STUDENT AND FAMILY-CENTERED POLICY CHANGE. 2259018 0 0 COMMUNICATIONS & MOBILIZATION50CAN HELPS LOCAL LEADERS CREATE A MOVEMENT OF INFORMED CITIZENS THROUGH MEDIA WORK, E-ADVOCACY, PUBLICATIONS, GRAPHIC DESIGN, PARTNERSHIPS WITH LIKE-MINDED CIVIC AND COMMUNITY GROUPS, PHONE BANKS, PETITIONS AND RALLIES. AS A RESULT, 50CAN LEADERS ARE FREQUENTLY FEATURED IN TELEVISION, ONLINE AND PRINT. 32567108 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 189 0 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 CA FL GA HI LA MD NC NJ NM NY PA SC TN VA X X KENNA LITTLE VP FINANCE AND OPERAT 3014588452 1380 MONROE STREET NW 413 WASHINGTON DC 20010 MARC MAGEE CEO & TREASURER 40.00 10.00 X X 314179 0 24588 MICHAEL PHILLIPS CHAIR 1.00 0.00 X X 0 0 0 ANN BOROWIEC DIRECTOR 1.00 1.00 X 0 0 0 CAMPBELL BROWN DIRECTOR 1.00 0.00 X 0 0 0 KATHERINE HALEY DIRECTOR 1.00 0.00 X 0 0 0 DEEPA JAVERI DIRECTOR 1.00 0.00 X 0 0 0 ROLAND MARTIN DIRECTOR 1.00 0.00 X 0 0 0 LISA GRAHAM KEEGAN DIRECTOR 1.00 1.25 X 0 0 0 ANDREW SCHWEDEL DIRECTOR 1.00 0.00 X 0 0 0 DACIA TOLL DIRECTOR 1.00 0.00 X 0 0 0 DERRELL BRADFORD PRESIDENT 40.00 10.00 X 259000 0 22745 MICHELE MASON COO 40.00 5.00 X 252319 0 11370 SEAN ANDERSEN SENIOR ADVISOR 50.00 0.00 X 276478 0 18470 RESHMA SINGH SENIOR ADVISOR 50.00 0.00 X 283493 0 24576 BEN AUSTIN EXECUTIVE DIRECTOR OF ECRN 50.00 0.00 X 256919 0 5874 JONATHAN NIKKILA EXECUTIVE VICE PRESIDENT 50.00 0.00 X 203026 0 29564 SUBIRA GORDON EXECUTIVE DIRECTOR CONNCAN 50.00 0.00 X 210019 0 42501 2055433 0 179688 29 0 1 0 LAVINIA GROUP LLC PO BOX 1319 SAG HARBOR NY 11963 ACADEMIC SERVICES 1265000 WHC CONSULTING 35 CHURCH STREET FAIR HAVEN NJ 07704 PROJECT MANAGEMENT CONSULTING 137375 DEFCON CONSULTING LLC 1452 DORCHESTER AVENUE DORCHESTER MA 02122 PROJECT MANAGEMENT CONSULTING 130054 LISA RUDA 4545 CONNECTICUT AVE NW 216 WASHINGTON DC 20008 PROJECT MANAGEMENT CONSULTING 123426 LANDSCAPE MEDIA LLC 1250 H STREET NW SUITE 200 WASHINGTON DC 20005 COMMUNICATIONS CONSULTING 122860 6 33899673 33899673 FISCAL SPONSORSHIPS 900099 3179574 3179574 3179574 197 197 62166 61056 1110 1110 1110 CREDIT CARD REWARDS 900099 9839 9839 MISC. REVENUE 900099 140 140 9979 37090533 3179574 0 11286 X 22698911 22698911 1051973 352867 534833 164273 5197047 3622469 824419 750159 189248 128033 34841 26374 463343 325394 66289 71660 463419 297376 98059 67984 91794 5355 86439 129864 129864 527500 527500 3724527 3254390 470137 245140 245140 300107 208700 91361 46 448910 278504 170002 404 84646 67716 8465 8465 296923 202497 93250 1176 265045 265045 29302 29302 54733 8210 46523 STAFF DEVELOPMENT 70681 70681 MISCELLANOUS EXPENSES 8320 8320 36341433 32567108 2683784 1090541 6367199 9202909 3244206 2165597 15481 15360 57577 49538 264646 264083 29865 563 74092 68455 1662749 634760 11451169 12137182 649159 418917 0 188019 649159 606936 X 3384329 4085903 7417681 7444343 10802010 11530246 11451169 12137182 749100 -20864 0 X 0 1 X 0 0 X 10821397 14408903 8494637 13114433 33899673 80739043 10821397 14408903 8494637 13114433 33899673 80739043 30373057 50365986 33910 13973 97313 36151 197 181544 35251 848 395 38 9979 46511 80967098 8326621 0.62210 0.71460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2018 AMOUNT: $ 35,251. 2019 AMOUNT: $ 848. 2020 AMOUNT: $ 395. 2021 AMOUNT: $ 38. 2022 AMOUNT: $ 140. CREDIT CARD REWARDS - 2022 AMOUNT: $ 9,839. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 527500 527500 34723392 35250892 1000000 250000 0 0 648837 615976 676487 1000000 2941300 4411950 236930 359227 413843 527500 1537500 162209 153994 169122 250000 735325 1102988 0 0 72146 72146 264646 264083 563 563 SECURITY DEPOSITS 7000 DUE FROM RELATED ORGANIZATION 441341 RIGHT-OF-USE ASSET, NET 186419 634760 LEASE LIABILITY 188019 188019 X 37887014 -20864 217345 600000 796481 37090533 0 37090533 37158778 217345 600000 817345 36341433 0 36341433 PART X, LINE 2: 50CAN RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT 50CAN HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. 50CAN IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANT REFUND 600,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANT EXPENSE 600,000. 1 DREAM CHARTER SCHOOL 1991 2ND AVENUE NEW YORK NY 10029 261841386 501(C)(3) 2486680 0 TO SUPPORT SUMMERBOOST DEMOCRACY PREP NEW YORK CHARTER SCHOOLS 1767 PARK AVE 4TH FLOOR NEW YORK NY 10035 061581474 501(C)(3) 1184985 0 TO SUPPORT SUMMERBOOST SUCCESS ACADEMY CHARTER SCHOOLS 95 PINE STREET FLOOR 6 NEW YORK NY 10005 364629549 501(C)(3) 904496 0 TO SUPPORT SUMMERBOOST HARLEM CHILDREN'S ZONE PROMISE ACADEMY 35 EAST 125TH STREET NEW YORK NY 10035 760756768 501(C)(3) 786800 0 TO SUPPORT SUMMERBOOST HARLEM VILLAGE ACADEMIESVILLAGE ACADEMIES NETWORK 35 WEST 124TH STREET NEW YORK NY 10027 134186070 501(C)(3) 593520 0 TO SUPPORT SUMMERBOOST BROOKLYN PROSPECT CHARTER SCHOOL 355 BRIDGE STREET BROOKLYN NY 11201 263206518 501(C)(3) 566160 0 TO SUPPORT SUMMERBOOST COMMUNITY PARTNERSHIP CHARTER SCHOOLED CORP 185 BROADWAY BROOKLYN NY 11211 134120509 501(C)(3) 542300 0 TO SUPPORT SUMMERBOOST MERRICK ACADEMY QUEENS PUBLIC CHARTER SCHOOL 36-25 218TH STREET SPRINGFIELD GARDENS NY 11413 134119996 501(C)(3) 504000 0 TO SUPPORT SUMMERBOOST CHALLENGE PREPARATORY CHARTER SCHOOL 710 HARTMAN LANE FAR ROCKAWAY NY 11691 272203903 501(C)(3) 474432 0 TO SUPPORT SUMMERBOOST PUBLIC PREP CHARTER SCHOOL ACADEMIES 442 E HOUSTON ST FLOOR 5 NEW YORK NY 10002 810650329 501(C)(3) 466789 0 TO SUPPORT SUMMERBOOST ICAHN CHARTER SCHOOL 1500 PELHAM PARKWAY SOUTH BRONX NY 10461 134166657 501(C)(3) 461207 0 TO SUPPORT SUMMERBOOST OUR WORLD NEIGHBORHOOD CHARTER SCHOOLS 135-25 79TH STREET HOWARD BEACH NY 11414 113602805 501(C)(3) 460920 0 TO SUPPORT SUMMERBOOST CLASSICAL CHARTER SCHOOLS 977 FOX STREET BRONX NY 10459 460625647 501(C)(3) 420046 0 TO SUPPORT SUMMERBOOST GRAND CONCOURSE ACADEMY CHARTER SCHOOL 625 BOLTON AVENUE NEW YORK NY 10473 830396763 501(C)(3) 419162 0 TO SUPPORT SUMMERBOOST HYDE LEADERSHIP CHARTER SCHOOL 730 BRYANT AVENUE BRONX NY 10474 743162136 501(C)(3) 418825 0 TO SUPPORT SUMMERBOOST RENAISSANCE CHARTER SCHOOL 35-59 81ST STREET JACKSON HEIGHTS NY 11372 113550391 501(C)(3) 416760 0 TO SUPPORT SUMMERBOOST EAST HARLEM SCHOLARS ACADEMIES 2035 2ND AVENUE NEW YORK NY 10029 274713450 501(C)(3) 403200 0 TO SUPPORT SUMMERBOOST HEBREW PUBLIC ELYSE'S NEW COMPANY 729 7TH AVENUE NEW YORK NY 10019 820815259 501(C)(3) 399675 0 TO SUPPORT SUMMERBOOST DR RICHARD IZQUIERDO HEALTH & SCIENCE CHARTER SCHOOL 800 HOME STREET BRONX NY 10456 271766995 501(C)(3) 383040 0 TO SUPPORT SUMMERBOOST PHAROS ACADEMY CHARTER SCHOOL 1001 INTERVALE AVENUE BRONX NY 10459 201107218 501(C)(3) 376000 0 TO SUPPORT SUMMERBOOST EXPLORE CHARTER SCHOOLS 1077 REMSEN AVENUE BROOKLYN NY 11236 274092757 501(C)(3) 350000 0 TO SUPPORT SUMMERBOOST BROOKLYN LABORATORY CHARTER SCHOOLS 240 JAY STREET BROOKLYN NY 11201 464341617 501(C)(3) 329117 0 TO SUPPORT SUMMERBOOST HARRIET TUBMAN CHARTER SCHOOL 3565 THIRD AVENUE BRONX NY 10456 134109847 501(C)(3) 294000 0 TO SUPPORT SUMMERBOOST BEDFORD STUYVESANT NEW BEGINNINGS CHARTER SCHOOL 82 LEWIS AVENUE BROOKLYN NY 11206 271993286 501(C)(3) 280000 0 TO SUPPORT SUMMERBOOST INWOOD ACADEMY FOR LEADERSHIP CHARTER SCHOOL 3896 10TH AVE NEW YORK NY 10034 271936773 501(C)(3) 279152 0 TO SUPPORT SUMMERBOOST GLOBAL COMMUNITY CHARTER SCHOOL 2350 5TH AVE NEW YORK NY 10037 453217621 501(C)(3) 270118 0 TO SUPPORT SUMMERBOOST BRONX COMMUNITY CHARTER SCHOOL 3170 WEBSTER AVENUE BRONX NY 10467 611551201 501(C)(3) 263760 0 TO SUPPORT SUMMERBOOST PAVE ACADEMY CHARTER SCHOOL 732 HENRY STREET BROOKLYN NY 11231 262272858 501(C)(3) 257040 0 TO SUPPORT SUMMERBOOST ACADEMIC LEADERSHIP CHARTER SCHOOL 677 EAST 141ST STREET BRONX NY 10454 264327125 501(C)(3) 254912 0 TO SUPPORT SUMMERBOOST LAMAD CHARTER SCHOOL 780 SCHENECTADY AVENUE BROOKLYN NY 11203 833026763 501(C)(3) 252000 0 TO SUPPORT SUMMERBOOST HYDE LEADERSHIP CHARTER SCHOOL 330 ALABAMA AVENUE BROOKLYN NY 11207 271894231 501(C)(3) 248694 0 TO SUPPORT SUMMERBOOST ACADEMY OF THE CITY CHARTER SCHOOL 31-29 60TH STREET WOODSIDE NY 11277 274466971 501(C)(3) 236111 0 TO SUPPORT SUMMERBOOST THE BRONX CHARTER SCHOOL FOR CHILDREN 388 WILLIS AVENUE BRONX NY 10454 721551706 501(C)(3) 232460 0 TO SUPPORT SUMMERBOOST FORTE PREPARATORY ACADEMY CHARTER SCHOOL 51-35 REEDER STREET FL 2 ELMHURST NY 11373 812999789 501(C)(3) 230290 0 TO SUPPORT SUMMERBOOST CARDINAL MCCLOSKEY CHARTER SCHOOL 685 EAST 182ND ST BRONX NY 10457 823959799 501(C)(3) 227600 0 TO SUPPORT SUMMERBOOST NUASIN NEXT GENERATION CHARTER SCHOOL 180 WEST 165TH STREET BRONX NY 10452 271005111 501(C)(3) 226800 0 TO SUPPORT SUMMERBOOST ROCHDALE EARLY ADVANTAGE CHARTER SCHOOL 122-05 SMITH STREET JAMAICA NY 11434 271949549 501(C)(3) 224000 0 TO SUPPORT SUMMERBOOST NEW WORLD PREPARATORY CHARTER SCHOOL 26 SHARPE AVE STATEN ISLAND NY 10302 272013987 501(C)(3) 222080 0 TO SUPPORT SUMMERBOOST SOUTH BRONX EARLY COLLEGE ACADEMY CHARTER SCHOOL 801 EAST 165TH STREET BRONX NY 10455 464476527 501(C)(3) 218400 0 TO SUPPORT SUMMERBOOST BRONX CHARTER SCHOOL FOR THE ARTS 950 LONGFELLOW AVENUE BRONX NY 10474 010727280 501(C)(3) 213440 0 TO SUPPORT SUMMERBOOST UNIVERSITY PREP PUBLIC CHARTER SCHOOLS 600 SAINT ANNS AVENUE BRONX NY 10455 262391169 501(C)(3) 210420 0 TO SUPPORT SUMMERBOOST LEEP DUAL LANGUAGE ACADEMY CHARTER SCHOOL 5323 5TH AVE BROOKLYN NY 11220 832724612 501(C)(3) 194880 0 TO SUPPORT SUMMERBOOST IMAGINE ME LEADERSHIP CHARTER SCHOOL 818 SCHENCK AVENUE BROOKLYN NY 11207 271926618 501(C)(3) 194800 0 TO SUPPORT SUMMERBOOST EQUALITY CHARTER SCHOOL 2141 SEWARD AVENUE BRONX NY 10473 800338050 501(C)(3) 181440 0 TO SUPPORT SUMMERBOOST BRILLA COLLEGE PREPARATORY CHARTER SCHOOLS 500 COURTLANDT AVE COURTLANDT AVE NY 10454 813081969 501(C)(3) 172800 0 TO SUPPORT SUMMERBOOST KIPP NEW YORK INC 1501 BROADWAY NEW YORK NY 10036 203971209 501(C)(3) 168000 0 TO SUPPORT SUMMERBOOST NEW YORK FRENCH AMERICAN CHARTER SCHOOL 311 WEST 120TH STREET NEW YORK NY 10027 800518737 501(C)(3) 168000 0 TO SUPPORT SUMMERBOOST AMERICAN DREAM CHARTER SCHOOL 510 EAST 141ST STREET 4TH FLOOR BRONX NY 10463 464377912 501(C)(3) 161280 0 TO SUPPORT SUMMERBOOST THE BRONX CHARTER SCHOOL FOR BETTER LEARNING 3740 BAYCHESTER AVENUE BRONX NY 10466 260061118 501(C)(3) 160344 0 TO SUPPORT SUMMERBOOST GROWING UP GREEN CHARTER SCHOOL II 84-35 152ND STREET JAMAICA NY 11432 810991132 501(C)(3) 152435 0 TO SUPPORT SUMMERBOOST CREO COLLEGE PREPARATORY CHARTER SCHOOL 524 COURTLANDT AVENUE NEW YORK NY 10451 831321432 501(C)(3) 144000 0 TO SUPPORT SUMMERBOOST AMBER CHARTER SCHOOL 3120 CORLEAR AVE BRONX NY 10463 134119814 501(C)(3) 143839 0 TO SUPPORT SUMMERBOOST STOREFRONT ACADEMY CHARTER SCHOOLS 609 JACKSON AVENUE BRONX NY 10455 471938137 501(C)(3) 140000 0 TO SUPPORT SUMMERBOOST CENTRAL QUEENS ACADEMY CHARTER SCHOOL 55-03 JUNCTION BLVD ELMHURST NY 11373 453686922 501(C)(3) 137970 0 TO SUPPORT SUMMERBOOST LA CIMA CHARTER SCHOOL 800 GATES AVENUE 3RD FLOOR BROOKLYN NY 11221 061838966 501(C)(3) 137370 0 TO SUPPORT SUMMERBOOST BROOKLYN CHARTER SCHOOL 355 BRIDGE STREET BROOKLYN NY 11201 134121937 501(C)(3) 134400 0 TO SUPPORT SUMMERBOOST THE BRONX ARTS AND SCIENCE CHARTER SCHOOL 925 HUTCHINSON RIV PKWY BRONX NY 10465 832495004 501(C)(3) 134400 0 TO SUPPORT SUMMERBOOST ROSALYN YALOW CHARTER SCHOOL 650 GRAND CONCOURSE BRONX NY 10451 471388239 501(C)(3) 133500 0 TO SUPPORT SUMMERBOOST CULTURAL ARTS ACADEMY CHARTER SCHOOL AT SPRING CREEK 1400 LINDEN BLVD BROOKLYN NY 11212 272161373 501(C)(3) 126000 0 TO SUPPORT SUMMERBOOST RIVERTON STREET CHARTER SCHOOL 118-34 RIVERTON STREET ST ALBANS NY 11412 300615036 501(C)(3) 123682 0 TO SUPPORT SUMMERBOOST UNITY PREPARATORY CHARTER SCHOOL OF BROOKLYN 432 MONROE STREET 432 MONROE STREET BROOKLYN NY 11221 461540346 501(C)(3) 122340 0 TO SUPPORT SUMMERBOOST COLLEGIATE ACADEMY FOR MATHEMATICS AND PERSONAL AWARENESS CHARTER SCHOOL 1962 LINDEN BOULEVARD BROOKLYN NY 11207 464498363 501(C)(3) 118800 0 TO SUPPORT SUMMERBOOST HARLEM LINK CHARTER SCHOOL 21 W 111TH ST NEW YORK NY 10026 201982947 501(C)(3) 110560 0 TO SUPPORT SUMMERBOOST HELLENIC CLASSICAL CHARTER SCHOOLS 646 5TH AVENUE BROOKLYN NY 11215 851596185 501(C)(3) 94050 0 TO SUPPORT SUMMERBOOST EARL MONROE NEW RENAISSANCE BASKETBALL CHARTER SCHOOL 52 E 80TH STREET NEW YORK NY 10075 833394623 501(C)(3) 92610 0 TO SUPPORT SUMMERBOOST UNCOMMON SCHOOLS INC 377 WASHINGTON ST NEWARK NJ 07102 311488698 501(C)(3) 89775 0 TO SUPPORT SUMMERBOOST BROOKLYN SCHOLARS CHARTER SCHOOL 2635 LINDEN BLVD BROOKLYN NY 11208 611591986 501(C)(3) 86869 0 TO SUPPORT SUMMERBOOST ST HOPE LEADERSHIP ACADEMY CHARTER SCHOOL 222 WEST 134TH STREET NEW YORK NY 10030 261868368 501(C)(3) 86400 0 TO SUPPORT SUMMERBOOST LAUNCH EXPEDITIONARY LEARNING CHARTER SCHOOL 1580 DEAN STREET 3RD FLOOR 3RD FLOOR BROOKLYN NY 11213 452442373 501(C)(3) 84000 0 TO SUPPORT SUMMERBOOST CHILDREN'S AID COLLEGE PREP CHARTER SCHOOL 117 WEST 124TH STREET 5TH FL NEW YORK NY 10027 900763840 501(C)(3) 81375 0 TO SUPPORT SUMMERBOOST GREAT OAKS CHARTER SCHOOL 38 DELANCEY STREET 2ND FL NEW YORK NY 10002 461603037 501(C)(3) 70000 0 TO SUPPORT SUMMERBOOST VOICE CHARTER SCHOOL 36-24 12TH STREET LONG ISLAND CITY NY 11106 261779361 501(C)(3) 64400 0 TO SUPPORT SUMMERBOOST FAMILY LIFE ACADEMY CHARTER SCHOOL 370 GERARD AVE BRONX NY 10451 453716246 501(C)(3) 64390 0 TO SUPPORT SUMMERBOOST BRIDGE PREPARATORY CHARTER SCHOOL 715 OCEAN TERRACE STATEN ISLAND NY 10301 831323754 501(C)(3) 64350 0 TO SUPPORT SUMMERBOOST MOTT HAVEN ACADEMY CHARTER SCHOOL 170 BROWN PL BRONX NY 10454 113833210 501(C)(3) 64142 0 TO SUPPORT SUMMERBOOST SUMMIT ACADEMY CHARTER SCHOOL 27 HUNTINGTON STREET BROOKLYN NY 11231 264243160 501(C)(3) 62600 0 TO SUPPORT SUMMERBOOST JOHN V LINDSAY WILDCAT ACADEMY CHARTER SCHOOL 17 BATTERY PLACE 1ST FLOOR NEW YORK NY 10004 134121582 501(C)(3) 54000 0 TO SUPPORT SUMMERBOOST LEGACY COLLEGE PREP CHARTER SCHOOL 400 EAST 145TH STREET BRONX NY 10454 812984627 501(C)(3) 48600 0 TO SUPPORT SUMMERBOOST PENINSULA PREPARATORY ACADEMY CHARTER SCHOOL 611 BEACH 119TH STREET FAR ROCKAWAY NY 11691 861106640 501(C)(3) 45000 0 TO SUPPORT SUMMERBOOST URBAN DOVE 21-21 41ST AVENUE SUITE 2D LONG ISLAND CITY NY 11101 133997718 501(C)(3) 43406 0 TO SUPPORT SUMMERBOOST BOLD CHARTER SCHOOL 1090 CLOSE AVE COURTLANDT AVE NY 10472 831419644 501(C)(3) 40500 0 TO SUPPORT SUMMERBOOST THE NEW AMERICAN ACADEMY CHARTER SCHOOL 9301 AVENUE B BROOKLYN NY 11236 461609693 501(C)(3) 36000 0 TO SUPPORT SUMMERBOOST SOUTH BRONX COMMUNITY CHARTER HIGH SCHOOL 1110 WASHINGTON AVENUE BRONX NY 10456 810938990 501(C)(3) 35813 0 TO SUPPORT SUMMERBOOST RICHMOND PREPARATORY CHARTER 1441 SOUTH AVENUE 3RD FLOOR STATEN ISLAND NY 10314 541993541 501(C)(3) 32400 0 TO SUPPORT SUMMERBOOST WILDFLOWER NEW YORK CHARTER SCHOOL 1332 FULTON AVENUE 4TH FLOOR BRONX NY 10456 833122296 501(C)(3) 28000 0 TO SUPPORT SUMMERBOOST NEW YORK CITY CHARTER SCHOOL OF THE ARTS 26TH BROADWAY 12TH FLOOR NEW YORK NY 10004 383986455 501(C)(3) 27000 0 TO SUPPORT SUMMERBOOST 87 0 PART I, LINE 2: IN 2022, 50CAN PARTNERED WITH BLOOMBERG PHILANTHROPIES AS THE FISCAL SPONSOR OF THE SUMMER BOOST PROGRAM TO ADDRESS COVID RELATED LEARNING LOSS IN NEW YORK CITY CHARTER SCHOOLS. AS THE FISCAL SPONSOR FOR THE PROGRAM, WE ENTERED INTO SEPARATE GRANT AGREEMENTS WITH SUB-GRANTEES BEFORE DISTRIBUTING RELATED FUNDS. WE REQUIRE REPORTING ON THE USE OF FUNDS AND AN UPDATE ON PROGRAMMING FROM ANY AND ALL SUB-GRANTEES. 50CAN, INC. HAS NOT HISTORICALLY MADE INDEPENDENT GRANTS TO OTHER ORGANIZATIONS UNLESS 50CAN IS PART OF THE SAME PROJECT. ALL GRANTEES MUST ABIDE BY THE SPENDING AND REPORTING REQUIREMENTS LISTED IN THEIR GRANT AGREEMENTS. X X X 0 0 0 0 0 0 0 1 0 MARC MAGEE CEO & TREASURER 314179 0 0 0 0 0 15250 0 9338 0 338767 0 0 0 RESHMA SINGH SENIOR ADVISOR 278493 0 5000 0 0 0 11216 0 13360 0 308069 0 0 0 SEAN ANDERSEN SENIOR ADVISOR 271478 0 5000 0 0 0 8600 0 9870 0 294948 0 0 0 DERRELL BRADFORD PRESIDENT 257000 0 2000 0 0 0 12975 0 9770 0 281745 0 0 0 MICHELE MASON COO 250319 0 2000 0 0 0 0 0 11370 0 263689 0 0 0 BEN AUSTIN EXECUTIVE DIRECTOR OF ECRN 256919 0 0 0 0 0 0 0 5874 0 262793 0 0 0 SUBIRA GORDON EXECUTIVE DIRECTOR CONNCAN 207519 0 2500 0 0 0 10736 0 31765 0 252520 0 0 0 JONATHAN NIKKILA EXECUTIVE VICE PRESIDENT 201026 0 2000 0 0 0 10400 0 19164 0 232590 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BOARD APPROVED DISCRETIONARY BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II), ROW (I) FOR THE APPLICABLE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 8B 50CAN DID NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B 50CAN, 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 50CAN MANAGEMENT AND CEO AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: (A) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, (B) A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR (C) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PARTY MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL POSITIONS, 50CAN LOOKS AT NON-PROFIT COMPENSATION ACROSS ITS VARIOUS STATES TO ENSURE THAT ITS COMPENSATION IS COMPETITIVE TO RETAIN THE BEST TALENT. WHEN SETTING COMPENSATION FOR POSITIONS, 50CAN REVIEWS COMPENSATION SURVEYS FOR NON-PROFITS AND CONSIDERS OTHER EDUCATION REFORM GROUPS AND HOW THEY COMPENSATE THEIR EMPLOYEES. RAISES AND PROMOTIONS ARE USUALLY BASED ON 50CAN'S PERFORMANCE REVIEW SYSTEMS. ONCE COMPENSATION HAS BEEN DETERMINED, A CHART IS SUBMITTED TO THE BOARD OF DIRECTORS WITH EXPLANATIONS OF ANY PROPOSED CHANGES AND THE BOARD THEN VOTES ON THESE FIGURES DURING AN EXECUTIVE SESSION. THE VOTING AND APPROVAL ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE SESSION. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 25,766. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,766. EDUCATION ADVOCACY SERVICES: PROGRAM SERVICE EXPENSES 8,535. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,535. FELLOWSHIP STIPENDS: PROGRAM SERVICE EXPENSES 1,193,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,193,543. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 491,296. MANAGEMENT AND GENERAL EXPENSES 470,137. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 961,433. ACADEMIC SERVICES: PROGRAM SERVICE EXPENSES 1,535,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,535,250. 50CAN ACTION FUND INC 1380 MONROE ST NW 413 WASHINGTON DC 20010 454698768 EDUCATION ADVOCACY CT 501(C)(4) 50CAN INC 1 50CAN ACTION FUND PAC 1380 MONROE ST NW 413 WASHINGTON DC 20010 830877823 POLITICAL ACTION FUND CT 527 50CAN ACTION FUND 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 50CAN ACTION FUND INC Q 438399 COST 50CAN ACTION FUND INC O 483103 COST