2024-05-14T22:05:37-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 821897404 SCO FOUNDATION INC SCOF 5166711253 1415 KELLUM PLACE 140 GARDEN CITY NY 11530 LISA SAMMON CFO 5166711253 2024-05-14 1 LISA SAMMON XXX-XX-XXXX 1 MELISSA MODELSON P01603524 9143818900 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUZETTE GORDON 1415 KELLUM PLACE 140 GARDEN CITY NY 11530 9721309 0 X N/A X 2017 NY TO SUPPORT SCO FAMILY OF SERVICES ("SCO") A NEW YORK NOT-FOR-PROFIT CORPORATION. 5 5 0 5 0 0 36768 42031 0 0 6238105 4954121 0 1000 6274873 4997152 4153202 2918272 0 0 0 0 0 0 87694 143594 302634 4296796 3220906 1978077 1776246 64773814 65372159 3292032 777751 61481782 64594408 X THE PURPOSES OF THE CORPORATION ARE TO SOLICIT CONTRIBUTIONS, RECEIVE BEQUESTS MADE TO SCO FAMILY OF SERVICES ("SCO") A NEW YORK NOT-FOR-PROFIT CORPORATION, APPLY FOR, RECEIVE AND ADMINISTER GRANTS, AND HOLD AND DISBURSE FUNDS, IN EACH CASE EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF SCO AND SCO ENTITIES. 0 0 2938785 2918272 0 SCO FOUNDATION, INC. WILL ENGAGE IN FUNDRAISING AND ASSET MANAGEMENT ACTIVITIES ON BEHALF OF SCO FAMILY OF SERVICES. THE FOUNDATION'S PURPOSE IS TO SOLICIT CONTRIBUTIONS, RECEIVE BEQUESTS MADE TO SCO FAMILY OF SERVICES, APPLY FOR, RECEIVE AND ADMINISTER GRANTS, AND HOLD AND DISBURSE FUNDS, IN EACH CASE EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF THE SCO FAMILY OF SERVICES. 2938785 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X LISA SAMMON 5166711253 1415 KELLUM PLACE 140 GARDEN CITY NY 11530 KELLY L WILLIAMS CHAIRPERSON 1.75 8.00 X X 0 0 0 LEE VANCE TREASURER 1.75 4.00 X X 0 0 0 EDWARD W STACK ASSISTANT SECRETARY, THRU JUNE 2023 1.75 4.00 X X 0 0 0 MARY PAT THORNTON SECRETARY 1.75 4.00 X X 0 0 0 GUY MOSZKOWSKI DIRECTOR 1.75 1.00 X 0 0 0 KEITH LITTLE PRESIDENT & CEO, THRU FEB 2023 1.75 65.00 X 0 383969 10215 STEPHEN G MACK CFO, THRU NOV. 2022 1.75 65.00 X 0 287815 11793 SUZETTE GORDON INTERIM PRESIDENT & CEO 1.75 65.00 X 0 264166 18327 LISA SAMMON CFO 1.75 65.00 X 0 157945 17723 0 1093895 58058 0 0 1 0 0 42031 24901 42031 4691477 4691477 4986801 4724157 262644 262644 262644 OTHER INCOME 900099 1000 1000 1000 4997152 0 0 4955121 2918272 2918272 39041 20513 2699 15829 12500 12500 45143 45143 86512 14647 71865 116261 116261 3177 3177 3220906 2938785 194427 87694 49214 47408 595812 653476 50858 63983 39488 0 64038442 64607292 64773814 65372159 6630 0 2250000 0 1035402 777751 3292032 777751 X 61354211 64499179 127571 95229 61481782 64594408 64773814 65372159 1776246 1336380 0 X X 0 1 X 1 0 X X X 1 SCO FAMILY OF SERVICES 112777066 7 1 2918272 0 1 2918272 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12, COLUMN VI: SCO FOUNDATION, INC. WAS FORMED TO SERVE AS A SUPPORTING ORGANIZATION FOR SCO FAMILY OF SERVICES (THE "SUPPORTED ORGANIZATION"), A SOCIAL SERVICE ORGANIZATION HEADQUARTERED IN GLEN COVE, NEW YORK. SCO FOUNDATION, INC. WILL ENGAGE IN FUNDRAISING AND ASSET MANAGEMENT ACTIVITIES ON BEHALF OF THE SUPPORTED ORGANIZATION. SPECIFICALLY, THE ORGANIZATION'S CERTIFICATE OF INCORPORATION INDICATES THAT ITS PURPOSE IS TO SOLICIT CONTRIBUTIONS, RECEIVE BEQUESTS MADE TO THE SUPPORTED ORGANIZATION, APPLY FOR, RECEIVE AND ADMINISTER GRANTS, AND HOLD AND DISBURSE FUNDS, IN EACH CASE EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION TRANSFERED A SIGNIFICANT PORTION OF ITS INVESTMENT PORTFOLIO TO THE SCO FOUNDATION, INC. THE FOUNDATION MANAGES THIS PORTFOLIO AND MAKES CONTRIBUTIONS TO THE SUPPORTED ORGANIZATION AS NECESSARY FOR THE SUPPORTED ORGANIZATION TO CARRY OUT ITS PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO SCO FAMILY OF SERVICES 777751 777751 X 276266093 1336380 272935017 274271397 1994696 45143 2957313 3002456 4997152 258258585 258040135 258040135 218450 45143 2957313 3002456 3220906 PART X, LINE 2: SCO FOUNDATION FOLLOWS THE PROVISIONS OF ASC 740, "INCOME TAXES". UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. SCO FOUNDATION DOES NOT BELIEVE THEY HAVE TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, THEY HAVE NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. SCO FOUNDATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE THEY ARE REQUIRED TO DO SO. ADDITIONALLY, SCO FOUNDATION FILES IRS FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, NO INTEREST OR PENALTIES WERE RECORDED OR INCLUDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. SCO FOUNDATION IS SUBJECT TO ROUTINE EXAMINATIONS BY A TAXING AUTHORITY. AS OF JUNE 30, 2023, SCO FOUNDATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CONSOLIDATED ENTITY 272,935,017. PART XI, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES 2,957,313. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED ENTITY 258,040,135. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATING ENTRIES 2,957,313. 1 SCO FAMILY OF SERVICES 1415 KELLUM PLACE SUITE 140 GARDEN CITY NY 11530 112777006 501(C)(3) 2918272 0 GENERAL OPERATING SUPPORT - FAMILY SERVICES 1 0 PART I, LINE 2: THE ORGANIZATIONS SHARE THE SAME MANAGEMENT AND SIMILAR BOARDS, AND THROUGH THIS RELATIONSHIP, OVERSIGHT IS EXERCISED ENSURING THAT SCO FAMILY OF SERVICES USES THE FUNDS FOR THE INTENDED PURPOSE. 0 0 0 0 0 0 0 0 0 KEITH LITTLE PRESIDENT & CEO, THRU FEB 2023 0 380159 0 0 0 3810 0 8438 0 1777 0 394184 0 0 STEPHEN G MACK CFO, THRU NOV. 2022 0 287464 0 0 0 351 0 10727 0 1066 0 299608 0 0 SUZETTE GORDON INTERIM PRESIDENT & CEO 0 263787 0 0 0 379 0 5850 0 12477 0 282493 0 0 LISA SAMMON CFO 0 157813 0 0 0 132 0 5983 0 11740 0 175668 0 0 PART I, LINE 3 THE PRESIDENT & CEO AND EXECUTIVE VICE PRESIDENT, FINANCE AND ADMINISTRATION, ARE COMPENSATED BY SCO FAMILY OF SERVICES, A RELATED ORGANIZATION. BELOW IS THE COMPENSATION DETERMINATION PROCESS OF SCO FAMILY SERVICES: THE PROCESS OF DETERMINING THE PRESIDENT & CEO'S COMPENSATION INCLUDED A COMPREHENSIVE ANALYSIS OF COMPENSATION AMONG COMPARABLE ORGANIZATIONS AS PREPARED BY AN OUTSIDE CONSULTANT DURING FY23. THIS ANALYSIS REFERENCED FORM 990 FILINGS AS WELL AS AN EXECUTIVE COMPENSATION SURVEY CONDUCTED BY A THIRD PARTY WHICH INCLUDED SIMILAR NON-PROFIT ORGANIZATIONS IN THE NEW YORK REGION. THE PEER GROUP OF ORGANIZATIONS WITHIN THE COMPENSATION SURVEY WERE FULLY RESEARCHED AND VETTED THROUGH THE ECONOMIC RESEARCH INSTITUTE (ERI) SALARY DATABASE. THIS DATABASE ASSISTS WITH DETERMINING COMPARABLE AGENCIES BASED UPON NTEE (NATIONAL TAXONOMY OF EXEMPT ENTITIES) CODE AS LISTED ON GUIDESTAR.ORG FOR 990 REPORTING. FOLLOWING A REVIEW OF THIS INFORMATION BY THE BOARD OF DIRECTORS, AN APPROPRIATE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO WAS DETERMINED, APPROVED, AND RECORDED INTO THE BOARD REPORT. COMPENSATION FOR OTHER OFFICERS IS DETERMINED BY THE PRESIDENT & CEO AND APPROVED BY THE CHAIR OF THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH THE ORGANIZATION'S PARENT ORGANIZATION, SCO FAMILY OF SERVICES TO PROVIDE MANAGERIAL AND ADMINISTRATIVE SERVICES. ALL OF THE OFFICERS IN PART VII WERE COMPENSATED BY THE PARENT ORGANIZATION - THEIR COMPENSATION IS REPORTED IN PART VII AND SCHEDULE J. DURING FY2023, THE ORGANIZATION INCURRED MANAGEMENT AND ADMINISTRATIVE FEES OF $39,041 TO SCO FAMILY OF SERVICES. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE APPOINTED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE BOARD OF DIRECTORS OF SCO FAMILY OF SERVICES ("SCO"), A NEW YORK NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B OFFICERS MAY BE REMOVED WITH OR WITHOUT CAUSE AT ANY TIME BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE ENTIRE BOARD OR A MAJORITY VOTE OF THE SCO BOARD OF DIRECTORS. SUBJECT TO THEIR APPROVAL, THE SCO BOARD OF DIRECTORS ALSO HAS THE POWER TO: 1. TO MERGE, CONSOLIDATE, OR AFFILIATE THE CORPORATION WITH ANOTHER CORPORATION, ORGANIZATION OR PROGRAM. 2. TO DISSOLVE OR TERMINATE THE EXISTENCE OF THE CORPORATION AND TO DETERMINE THE DISTRIBUTION OF ASSETS UPON SUCH TERMINATION OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. A COPY OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT & CEO AND EXECUTIVE VICE PRESIDENT, FINANCE AND ADMINISTRATION, AND THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS VIA ELECTRONIC MAIL WITH AN OPPORTUNITY FOR THEM TO COMMENT OR MAKE INQUIRY BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY INCLUDES, AT A MINIMUM, THE FOLLOWING PROVISIONS: (A) A DEFINITION OF THE CIRCUMSTANCES THAT CONSTITUTE A CONFLICT OF INTEREST; (B) PROCEDURES FOR DISCLOSING A CONFLICT OF INTEREST TO THE CORPORATION'S BOARD OF DIRECTORS AND THE AUDIT AND COMPLIANCE COMMITTEE OF SCO; (C) A REQUIREMENT THAT THE PERSON WITH THE CONFLICT OF INTEREST NOT BE PRESENT AT OR PARTICIPATE IN BOARD OR COMMITTEE DELIBERATION OR VOTE ON THE MATTER GIVING RISE TO SUCH CONFLICT; (D) A PROHIBITION AGAINST ANY ATTEMPT BY THE PERSON WITH THE CONFLICT TO INFLUENCE IMPROPERLY THE DELIBERATION OR VOTING ON THE MATTER GIVING RISE TO SUCH CONFLICT; (E) A REQUIREMENT THAT THE EXISTENCE AND RESOLUTION OF THE CONFLICT BE DOCUMENTED IN THE CORPORATION'S RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT WAS DISCUSSED OR VOTED UPON; AND (F) PROCEDURES FOR DISCLOSING, ADDRESSING, AND DOCUMENTING RELATED PARTY TRANSACTIONS IN ACCORDANCE SECTION 715 OF THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW. PRIOR TO A DIRECTOR'S INITIAL ELECTION TO THE BOARD, OR AN OFFICER OR KEY EMPLOYEE'S EMPLOYMENT AT THE CORPORATION, AND THEREAFTER ON AN ANNUAL BASIS, ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES DISCLOSE IN WRITING TO THE SECRETARY OF THE CORPORATION: (A) ANY ENTITY OF WHICH SUCH PERSON OR A RELATIVE OF SUCH PERSON IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE CORPORATION OR SCO HAS A RELATIONSHIP; (B) ANY FINANCIAL INTEREST SUCH PERSON MAY HAVE IN ANY CORPORATION, ORGANIZATION, PARTNERSHIP OR OTHER ENTITY WHICH PROVIDES GOODS OR SERVICES, INCLUDING PROFESSIONAL SERVICES, TO CORPORATION OR SCO FOR A FEE OR OTHER COMPENSATION; AND (C) ANY POSITION OR OTHER MATERIAL RELATIONSHIP SUCH DIRECTOR, OFFICER, KEY EMPLOYEE, OR RELATIVE OF SUCH PERSON, MAY HAVE WITH ANY ENTITY WITH WHICH THE CORPORATION OR SCO HAS A BUSINESS RELATIONSHIP. A COPY OF EACH DISCLOSURE STATEMENT IS KEPT IN THE CORPORATION'S FILES AND MADE AVAILABLE TO ANY DIRECTOR, OFFICER, OR KEY EMPLOYEE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AND FORMS 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON THE ORGANIZATION'S WEBSITE, THE NEW YORK STATE ATTORNEY GENERAL WEBSITE, GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SCO FAMILY OF SERVICES 1415 KELLUM PLACE SUITE 140 GARDEN CITY NY 11530 112777066 FAMILY HEALTH SERVICES NY 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0