2024-05-01T17:28:46-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 043351427 THE BOTTOM LINE INC BOTT 8574154810 500 AMORY STREET STE 3 JAMAICA PLAIN MA 02130 SHANNON DONNELLY COFO 8574154810 2024-04-26 1 SHANNON DONNELLY 999009999 0 TINA HENTON P00630282 4078021200 2024-04-26 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X STEVEN COLON 500 AMORY STREET STE 3 JAMAICA PLAIN MA 02130 81872376 0 X HTTPS://WWW.BOTTOMLINE.ORG X 1997 MA BOTTOM LINE PARTNERS WITH DEGREE-ASPIRING STUDENTS FROM FIRST GENERATION AND LOW-INCOME BACKGROUNDS AS THEY GET INTO COLLEGE, GRADUATE, AND GO FAR IN LIFE. BOTTOM LINE'S VISION IS TO DRAMATICALLY TRANSFORM URBAN COMMUNITIES BY PRODUCING THOUSANDS OF NEW CAREER-READY COLLEGE GRADUATES. 22 21 201 250 0 0 17833307 35372392 305150 555950 0 621527 0 -5592 18138457 36544277 1092477 1349528 0 0 10461246 12695806 0 0 2538854 3300498 5190041 14854221 19235375 3284236 17308902 21295444 39708126 1626084 3104662 19669360 36603464 X BOTTOM LINE WAS FOUNDED IN 1997 TO HELP FIRST GENERATION STUDENTS FROM LOW INCOME BACKGROUNDS GET INTO COLLEGE, GRADUATE FROM COLLEGE, AND GO FAR IN LIFE. WE ACCOMPLISH THIS MISSION BY PROVIDING ONE-ON-ONE COMPREHENSIVE SUPPORT DURING THE COLLEGE APPLICATION PROCESS AND FOR UP TO SIX YEARS IN COLLEGE. 1 0 13186463 1349528 555950 IN FISCAL YEAR 2023, BOTTOM LINE SERVED MORE THAN 700 HIGH SCHOOL STUDENTS, THROUGH THE ORGANIZATION'S HIGHSCHOOL ACCESS PROGRAM, OF WHICH 94% MADE A COMMITMENT TO COLLEGE BY THE END OF THEIR SENIOR YEARS. THE ORGANIZATION SUPPORTED APPROXIMATELY 5,000 STUDENTS IN THE COLLEGE SUCCESS PROGRAM, ACROSS MORE THAN 40 CAMPUSES NATIONWIDE, CELEBRATING 813 GRADUATES. IN THE CURRENT YEAR OF THE HYBRID BLUPRINT MODEL, BOTTOM LINE SUPPORTED 361 STUDENTS WITH A VIRTUAL ADVISOR, AS THEY WORKED THEIR WAY TOWARDS A COLLEGE DEGREE. 13186463 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 201 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL MA NY X X SHANNON DONNELLY 8572721980 500 AMORY STREET STE 3 JAMAICA PLAIN MA 02130 AUDITI CHAKRAVARTY CHAIR 1.00 X X 0 0 0 ROBERT BALLARD VICE CHAIR 1.00 X X 0 0 0 BARBARA THOMAS SECRETARY 1.00 X X 0 0 0 JOHN BACHMAN TREASURER 1.00 X X 0 0 0 ALEJANDRO LONGORIA DIRECTOR 1.00 X 0 0 0 ANAND NAIR DIRECTOR 1.00 X 0 0 0 CALVIN CROSSLIN DIRECTOR 1.00 X 0 0 0 DENISE DEAMORE DIRECTOR 1.00 X 0 0 0 GERALDINE WHITE DIRECTOR 1.00 X 0 0 0 HAROLD WILDE DIRECTOR 1.00 X 0 0 0 JIM JESSEE DIRECTOR 1.00 X 0 0 0 KEVIN CONNOLLY DIRECTOR 1.00 X 0 0 0 LARRY BRADLEY DIRECTOR 1.00 X 0 0 0 MARK COX DIRECTOR 1.00 X 0 0 0 MAX CLERMONT DIRECTOR 1.00 X 0 0 0 MIKE REFOJO DIRECTOR 1.00 X 0 0 0 MIKE VOLO DIRECTOR 1.00 X 0 0 0 PETER BOWEN DIRECTOR 1.00 X 0 0 0 RAVI ACHARYA DIRECTOR 1.00 X 0 0 0 STACEY WOLF DIRECTOR 1.00 X 0 0 0 VANDANA VENKATESH DIRECTOR 1.00 X 0 0 0 STEVEN COLON CEO 40.00 X X 296520 0 23040 SHANNON DONNELLY COFO 40.00 X 55120 0 1050 GINETTE SAIMPREVIL EXECUTIVE DIRECTOR - MA 40.00 X 164298 0 9646 WILL HOBART EXECUTIVE DIRECTOR - IL 40.00 X 161674 0 17464 SARAH PLACE CPO 40.00 X 156131 0 9754 SHAUWEA HAMILTON CRO 40.00 X 200599 0 6018 IJEOMA MBAMALU CTO 40.00 X 185174 0 10272 1219516 0 77244 15 0 1 0 THE WAKEMAN AGENCY 445 HAMILTON AVENUE 1102 WHITE PLAINS NY 10601 GROWTH STRATEGY FOR ORGANIZATION 112500 1 1080117 249845 34042430 35372392 PROGRAM SERVICE REVENU 611710 555950 555950 555950 501692 501692 44985522 44865687 119835 119835 119835 455070 1080117 462412 -7342 -7342 OTHER INCOME 900099 1750 1750 1750 36544277 555950 0 615935 X 1349528 1349528 946722 382501 342348 221873 9943241 7810785 1300062 832394 147743 98020 37319 12404 807660 495860 222289 89511 850440 514671 236053 99716 64090 64090 27938 27938 1151 1151 2108622 843361 541512 723749 234737 234737 264344 211834 18075 34435 380706 163941 130770 85995 871637 720120 16635 134882 60580 59846 734 379070 61838 239852 77380 372 372 156335 119852 11820 24663 BANK FEES, DUES & OTHER 161102 26629 80728 53745 BAD DEBT 141563 5000 136563 STUDENT FEE AND EXPENSE 125989 125989 PROGRAM EVENTS 98601 93150 1393 4058 113204 103538 2914 6752 19235375 13186463 3510058 2538854 9658049 2233696 3725213 12025173 7535579 8582114 183580 287436 1085772 1026554 114589 59218 14614325 4945 4945 73489 1901219 21295444 39708126 1408593 1162346 217491 1942316 1626084 3104662 X 12381153 24159371 7288207 12444093 19669360 36603464 21295444 39708126 17308902 157504 -532302 0 X 0 1 X 1 0 X 13572778 12133069 18888429 17833307 35372392 97799975 13572778 12133069 18888429 17833307 35372392 97799975 3894123 93905852 29145 27944 13195 501692 571976 229742 229742 1750 1750 98603443 2571719 0.95240 0.99580 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 1,750. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 299544 6228 305772 1.00000 0 0 396817 381345 15472 688955 645209 43746 59218 LEASE ASSETS 1942316 1942316 X 38635717 157504 1935087 2092591 36543126 1151 1151 36544277 21169311 1935087 1935087 19234224 1151 1151 19235375 PART X, LINE 2: THE ORGANIZATION OPERATES AS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT LIABILITIES IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. MA EVENT 837097 648425 188672 35860 71597 375 88180 NY EVENT 373159 233124 140035 21002 47953 6550 64531 3 324931 198568 126363 21289 42400 29760 32915 1535187 1080117 455070 78151 161950 36685 185626 462412 -7342 1 SCHOLARSHIP 779 1349528 N/A N/A PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF SCHOLARSHIP FUNDS IN THREE WAYS: FOR THE PORTION INTENDED FOR TUITION, PAYMENTS ARE MADE DIRECTLY TO THE SCHOOL, OR REQUIRE A CONFIRMATION RECEIPT PRINTED FROM THE PORTAL THAT A STUDENT USES TO PAY THEIR TUITION BILL. FOR THE PORTION INTENDED TO ASSIST WITH NON-TUITION EXPENSE ITEMS, PAYMENTS ARE MADE ACCORDING TO A PREDETERMINED SCHEDULE OR WHEN THE ELIGIBLE STUDENT SUBMITS A REQUEST FOR PAYMENT AGAINST AN ELIGIBLE EXPENSE (IE, BOOKS, ON-CAMPUS FEES, ETC.) X X X 0 0 0 0 0 0 0 0 0 STEVEN COLON CEO 296520 0 0 0 0 0 8896 0 14144 0 319560 0 0 0 SHAUWEA HAMILTON CRO 200599 0 0 0 0 0 6018 0 0 0 206617 0 0 0 IJEOMA MBAMALU CTO 185174 0 0 0 0 0 5555 0 4717 0 195446 0 0 0 WILL HOBART EXECUTIVE DIRECTOR - IL 161674 0 0 0 0 0 4850 0 12614 0 179138 0 0 0 GINETTE SAIMPREVIL EXECUTIVE DIRECTOR - MA 164298 0 0 0 0 0 4929 0 4717 0 173944 0 0 0 SARAH PLACE CPO 156131 0 0 0 0 0 4684 0 5070 0 165885 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE TO REVIEW AND DETERMINE, ON AN ANNUAL BASIS, THE COMPENSATION PACKAGE FOR THE CEO. THEY REVIEW PUBLICLY AVAILABLE 990 FILINGS FOR INDUSTRY RELEVANT DATA. FORM 990, PART III, LINE 2 BOTTOM LINE CONTINUED TO LAY THE FOUNDATION FOR A COMPLETE ROLL OUT OF BLUPRINT PROGRAM. THIS PROGRAM WAS IMPLEMENTED WITH A PILOT COHORT THIS FISCAL YEAR AND OFFERED WITHIN BOTTOM LINE'S COLLEGE SUCCESS MODEL. FOR COLLEGE STUDENTS WHO ARE NOT ENROLLED IN A COLLEGE THAT PARTNERS WITH BOTTOM LINE, THE BLUPRINT PROGRAM OFFERS A HYBRID ADVISING PROGRAM TO PROVIDE SUPPORT TO STUDENTS THROUGHOUT THEIR COLLEGE JOURNEY. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT COMPLETES AND REVIEWS THE DRAFT OF THE FORM 990, THEN THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FINAL DRAFT, THEN THE FORM 990 IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE A FORM AT EACH ANNUAL MEETING OF THE BOARD DISCLOSING ANY KNOWN OR POTENTIAL CONFLICTS. THEY ARE ALSO TASKED WITH COMPLETING THIS FORM IF ANY KNOWN OR POTENTIAL CONFLICTS ARISE DURING THE COURSE OF THE ANNUAL MEETING CYCLE. THESE FORMS ARE REVIEWED ANNUALLY BY THE GOVERNANCE & NOMINATING COMMITTEE OF THE BOARD. TO THE EXTENT THAT AN IDENTIFIED CONFLICT OF INTEREST BY A DIRECTOR MAY REASONABLY BE THOUGHT TO HAVE A BEARING ON A MATTER THAT REQUIRES APPROVAL BY THE BORD OF DIRECTORS, THEN THE DIRECTOR WOULD GENERALLY BE ASKED TO RECUSE THEMSELVES FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A BOTTOM LINE'S EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE COMMITTEE PERFORMS A COMPARABLE SALARY REVIEW, WITHIN INDUSTRY, USING PUBLICLY AVAILABLE DATA FROM FORM 990. THE COMMITTEE MEETS AND REVIEWS THE CEO'S PERFORMANCE AND DETERMINES THE APPROPRIATE SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE WEBSITE AND UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 6,678. MANAGEMENT AND GENERAL EXPENSES 182,128. FUNDRAISING EXPENSES 1,771. TOTAL EXPENSES 190,577. CONSULTANTS AND TEMPORARY STAFFING: PROGRAM SERVICE EXPENSES 836,683. MANAGEMENT AND GENERAL EXPENSES 359,384. FUNDRAISING EXPENSES 721,978. TOTAL EXPENSES 1,918,045.