2024-08-19T08:43:04-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2022-10-01 222415554 DESTINATION IMAGINATION INC DEST 8568811603 141 S BLACKHORSE PIKE SUITE 203 BLACKWOOD NJ 08012 MICHELE TUCK-PONDER EXECUTIVE DIRECTOR 8568811603 2024-08-15 1 1 DANIELLE NIHILL P01350943 7819821001 2024-08-15 2022 2024-08-08 14:25:15Z MICHELE TUCK-PONDER 141 S BLACKHORSE PIKE SUITE 203 BLACKWOOD NJ 08012 4425471 0 X DESTINATIONIMAGINATION.ORG X 2000 NJ THE MISSION STATEMENT IS: TO INSPIRE AND EQUIP YOUTH TO IMAGINE AND INNOVATE THROUGH THE CREATIVE PROCESS. WE CREATE A PROGRAM EACH YEAR, DISTRIBUTED PRIMARILY TO SCHOOL OR SCHOOLS DISTRICTS, FOR STUDENTS TO CREATE TEAMS AND WORK ON ONE OF 6 CHALLENGES. FIVE MEET THE STANDARD RUBRICS AND ONE IS SERVICE LEARNING. THE PROGRAM IS DESIGNED TO PROMOTE TEAM WORK AND COLLABORATION AND INCLUDES FIXED OPEN CHALLENGES. TEAMS ARE THEN ABLE TO COMPETE, REGIONALLY, STATE, PROVINCE OR COUNTRY WIDE AGAINST OTHER TEAMS. THE YEAR CULMINATES IN AN INVITATIONAL EVENT FOR ALL OF THE TOP PLACING TEAMS. 14 14 18 11500 0 0 1254185 663090 3333883 3605491 -37456 -5164 -5 142168 4550607 4405585 0 0 0 0 1666516 1632662 0 0 191369 3305694 2890977 4972210 4523639 -421603 -118054 494889 439512 486260 542757 8629 -103245 TO ENGAGE PARTICIPANTS IN PROJECT-BASED CHALLENGES THAT ARE DESIGNED TO BUILD CONFIDENCE AND DEVELOP EXTRAORDINARY CREATIVITY, CRITICAL THINKING, COMMUNICATION, AND TEAMWORK SKILLS. 0 0 3491126 0 3605491 GLOBAL FINALS (GF) IS AN ANNUAL LIVE EVENT GF IS A COMPETITION FOR THE WINNERS OF OUR AFFILIATES' LOCAL, STATE, AND REGIONAL CHALLENGE COMPETITIONS FROM AROUND THE WORLD. THESE TOP TEAMS COMPETE IN OUR EDUCATIONAL CHALLENGE PROGRAMS TO DETERMINE TOP TEAMS. 3491126 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NJ X X KEVIN MCDONOUGH 8562754803 141 S BLACK HORSE PIKESTE 203 BLACKWOOD NJ 08012 WES ALLEN CHAIR 2.00 0.00 X X 0 0 0 CHUCK GOOD INTERIM VICE CHAIR 2.00 0.00 X X 0 0 0 MICHAEL JUNG SECRETARY 2.00 0.00 X X 0 0 0 WILL ROACH CHAIR EMERITUS 2.00 0.00 X 0 0 0 MUHANNAD AL-JARRAH TRUSTEE 2.00 0.00 X 0 0 0 AIMEE BARBAGALLO TRUSTEE 2.00 0.00 X 0 0 0 LISA DINER TRUSTEE 2.00 0.00 X 0 0 0 CRAIG RICHARDSON TRUSTEE 2.00 0.00 X 0 0 0 UROOJ SEEMEEN TRUSTEE 2.00 0.00 X 0 0 0 ANDREA FAULKNER TRUSTEE 2.00 0.00 X 0 0 0 NIRAL MERCHANT TRUSTEE 2.00 0.00 X 0 0 0 KATE NYLANDER TRUSTEE 2.00 0.00 X 0 0 0 JAYNE LERMAN TRUSTEE 2.00 0.00 X 0 0 0 LISA HAUSER TRUSTEE 2.00 0.00 X 0 0 0 MICHELE TUCK-PONDER EXECUTIVE DIRECTOR 40.00 0.00 X 188841 0 0 KEVIN MCDONOUGH MANAGING DIRECTOR OF INTERNAL OPERATIONS 40.00 0.00 X 129214 0 12921 PAIGE CURTIS DIR. STRATEGIC INITIATIVES & EVENTS 40.00 0.00 X 109814 0 0 427869 0 12921 3 0 1 0 0 663090 663090 NATIONAL COMPETITION 900099 2974654 2974654 TEAM REGISTRATION FEES 900099 630837 630837 3605491 5164 -5164 -5164 -5164 59536 14722 44814 44814 OTHER INCOME 900099 97354 97354 97354 4405585 3605491 0 137004 192651 135832 38065 18754 1231079 930074 174447 126558 88084 86215 1869 120848 85204 23879 11765 14289 14289 86287 86287 228333 193919 29753 4661 24006 8439 11159 4408 7436 2754 3509 1173 476979 319038 150393 7548 970300 948708 17039 4553 64434 59265 3932 1237 3000 1500 1200 300 47651 23826 19060 4765 CATERING 161170 161170 AUDIO VISUAL EXPENSES 159657 159657 OTHER GLOBAL FINALS COS 112967 104030 8937 INFRASTRUCTURE 104120 104120 430348 253590 172980 3778 4523639 3491126 841144 191369 322054 207225 100058 125051 64613 84413 370847 370847 8164 0 0 22823 494889 439512 249615 199889 195340 288772 41305 54096 486260 542757 X -108260 -103245 116889 0 8629 -103245 494889 439512 -118054 6180 0 X 0 1 X 1 0 X 523904 324802 804916 1254185 663090 3570897 8264754 787988 1066768 3365881 3605491 17090882 8788658 1112790 1871684 4620066 4268581 20661779 5000 700000 5000 710000 187024 182150 315843 455745 1140762 192024 182150 315843 700000 460745 1850762 18811017 10140 3850 255 6723 20968 10140 3850 255 6723 20968 156890 156890 8798798 1116640 1871939 4626789 4425471 20839637 0.90270 0.95010 0.00100 0.00090 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 97,354. GROSS INVENTORY SALES - 2022 AMOUNT: $ 59,536. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 370847 370847 0 0 SECURITY DEPOSIT 1173 RIGHT OF USE ASSET 21650 22823 DUE TO AFFILIATES 35433 OPERATING LEASE LIABILITY 18663 54096 X 4405585 0 4405585 0 4405585 4523639 0 4523639 0 4523639 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS THAT NEED TO BE DISCLOSED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. X X X 0 0 0 0 0 0 0 0 0 MICHELE TUCK-PONDER EXECUTIVE DIRECTOR 188841 0 0 0 0 0 0 0 0 0 188841 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A STANDING COMMITTEES A. THE BOARD SHALL HAVE AN EXECUTIVE COMMITTEE AND STANDING COMMITTEES. THE BOARD MAY ALSO CREATE AD HOC COMMITTEES AND WORKING GROUPS AS NEEDED. 1. ALL COMMITTEES AND WORKING GROUPS MUST HAVE AN ESTABLISHED CHARTER, THE DETAILS OF WHICH WILL BE CAPTURED IN BOARD POLICY. 1. THE CHAIR SHALL APPOINT COMMITTEE AND WORKING GROUP CHAIRS. THERE IS NO LIMIT ON THE LENGTH OF TIME A BOARD MEMBER MAY SERVE AS A COMMITTEE OR WORKING GROUP CHAIR, SO LONG AS THE BOARD MEMBERS' TERM HAS NOT EXPIRED. A BOARD MEMBER MAY NOT SERVE AS CHAIR FOR MORE THAN ONE COMMITTEE OR WORKING GROUP. B. THE EXECUTIVE COMMITTEE SHALL BE MADE UP OF THE CHAIR, THE VICE CHAIR, THE SECRETARY, AND THE TREASURER. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD IN RELATION TO EMERGENCIES OR WHEN IT IS NOT FEASIBLE FOR THE BOARD TO ACT IN A TIMELY MANNER. THE CHIEF EXECUTIVE OFFICER SHALL SERVE AS AN EX OFFICIO NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE. C. THE CORPORATION SHALL HAVE THE FOLLOWING STANDING COMMITTEES: 1. THE GOVERNANCE COMMITTEE SHALL BE CHAIRED BY THE SECRETARY OF THE BOARD AND IS RESPONSIBLE FOR THE BYLAWS, POLICES AND OTHER DOCUMENTS OF THE BOARD. I. THE COMMITTEE WILL INCLUDE AT LEAST THREE ADDITIONAL MEMBERS. II. ALL CHANGES TO POLICIES AND BYLAWS, INCLUDING THOSE RECOMMENDED BY ANOTHER COMMITTEE, MUST COME TO THE GOVERNANCE COMMITTEE FOR REVIEW BEFORE A FINAL VOTE BY THE BOARD. III. ALL POLICY AND BYLAW CHANGES WILL BE REVIEWED BY THE COMMITTEE AND THEN SUBMITTED TO THE BOARD FOR VOTE, AFTER WHICH AN UPDATED DOCUMENT WILL BE PRODUCED AND SENT TO THE BOARD AND TO THE BOARD LIAISON TO BE POSTED ON THE DII WEBSITE. 2. THE NOMINATIONS COMMITTEE WILL BE RESPONSIBLE FOR THE IDENTIFICATION, RECRUITMENT, SCREENING, EVALUATION, AND RECOMMENDATION OF TRUSTEE CANDIDATES, INCLUDING TRUSTEES SEEKING REELECTION. IN PARTICULAR, THE COMMITTEE SHALL: I. DEVELOP AND OVERSEE IMPLEMENTATION OF POLICIES AND PROCEDURES REGARDING BOARD SIZE, LEADERSHIP AND COMPOSITION, RECOMMENDATIONS OF CANDIDATES FOR NOMINATION TO THE BOARD, BOARD GUIDELINES AND CONFLICTS OF INTEREST; II. DETERMINE QUALIFICATIONS AND CHARACTERISTICS NEEDED FOR TRUSTEES; III. ASSIST THE BOARD IN IDENTIFYING AND RECRUITING INDIVIDUALS WHO ARE POTENTIAL CANDIDATES TO SERVE AS TRUSTEES. IV. SCREEN AND REVIEW TRUSTEE CANDIDATES. V. RECOMMEND TO THE BOARD CANDIDATES FOR ELECTION TO THE BOARD AND APPOINTMENT TO ITS COMMITTEES; 3. FINANCE COMMITTEE. I. THE COMMITTEE SHALL BE CHAIRED BY THE TREASURER. II. THE COMMITTEE SHALL HAVE THE GENERAL RESPONSIBILITY TO ASSIST THE BOARD IN FULFILLING ITS RESPONSIBILITIES FOR OVERSIGHT OF THE ACCOUNTING, INTERNAL CONTROLS, AUDITING, AND FINANCIAL PRACTICES OF DII, AS MORE SPECIFICALLY ESTABLISHED IN POLICIES ADOPTED BY THE BOARD. 4. THE DEVELOPMENT COMMITTEE SHALL ASSIST THE BOARD TO RAISE FINANCIAL AND OTHER RESOURCES FOR THE CORPORATION BY: I. ASSISTING BOARD MEMBERS IN THEIR OWN FUNDRAISING EFFORTS; II. RECRUITING POTENTIAL DONORS; III. ASSISTING STAFF IN PLANNING FUNDRAISING EVENTS; AND IV. INCREASING THE PROFILE OF AND AWARENESS ABOUT THE ACTIVITIES OF THE CORPORATION, TOWARDS TARGET AUDIENCES SUCH AS POTENTIAL DONORS AND VOLUNTEERS, AND IN THE COMMUNITY GENERALLY. 5. THE MANAGEMENT COMMITTEE SHALL BE RESPONSIBLE FOR THE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR AS WELL AS REVIEWING BOARD PERFORMANCE: I. CHAIRING EXECUTIVE DIRECTOR PERFORMANCE REVIEW AND COMPENSATION COMMITTEE IN CONCERT WITH THE CHAIR OF THE BOARD; II. CONDUCTING A COMPREHENSIVE REVIEW OF BOARD PERFORMANCE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B AUDITOR SUBMITS A DRAFT 990 TO THE MANAGEMENT TEAM TO REVIEW. ONCE APPROVED BY THE MANAGEMENT TEAM, THE AUDITOR PROVIDES A DRAFT OF THE 990 TO THE BOARD OF TRUSTEES' FINANCE COMMITTEE FOR REVIEW. ONCE APPROVED, THE FINANCE COMMITTEE FORWARDS RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD OF TRUSTEES APPROVES THE DRAFT FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST DII EXPECTS ALL EMPLOYEES TO CONDUCT THEMSELVES AND COMPANY BUSINESS IN A MANNER THAT REFLECTS THE HIGHEST STANDARDS OF ETHICAL CONDUCT, AND IN ACCORDANCE WITH ALL FEDERAL, STATE, AND LOCAL LAWS AND REGULATIONS. THIS INCLUDES AVOIDING REAL AND POTENTIAL CONFLICTS OF INTERESTS. EXACTLY WHAT CONSTITUTES A CONFLICT OF INTEREST OR AN UNETHICAL BUSINESS PRACTICE IS BOTH A MORAL AND A LEGAL QUESTION. DII RECOGNIZES AND RESPECTS THE INDIVIDUAL EMPLOYEE'S RIGHT TO ENGAGE IN ACTIVITIES OUTSIDE OF EMPLOYMENT WHICH ARE PRIVATE IN NATURE AND DO NOT IN ANY WAY CONFLICT WITH OR REFLECT POORLY ON THE COMPANY. IT IS NOT POSSIBLE TO DEFINE ALL THE CIRCUMSTANCES AND RELATIONSHIPS THAT MIGHT CREATE A CONFLICT OF INTEREST. IF A SITUATION ARISES WHERE THERE IS A POTENTIAL CONFLICT OF INTEREST, THE EMPLOYEE SHOULD DISCUSS THIS WITH A MANAGER FOR ADVICE AND GUIDANCE ON HOW TO PROCEED. THE LIST BELOW SUGGESTS SOME OF THE TYPES OF ACTIVITY THAT INDICATE IMPROPER BEHAVIOR, UNACCEPTABLE PERSONAL INTEGRITY, OR UNACCEPTABLE ETHICS: 1. SIMULTANEOUS EMPLOYMENT BY ANOTHER FIRM THAT IS A COMPETITOR OF OR SUPPLIER TO DII 2. CARRYING ON COMPANY BUSINESS WITH A FIRM IN WHICH THE EMPLOYEE, OR A CLOSE RELATIVE OF THE EMPLOYEE, HAS A SUBSTANTIAL OWNERSHIP OR INTEREST 3. HOLDING A SUBSTANTIAL INTEREST IN, OR PARTICIPATING IN THE MANAGEMENT OF, A FIRM TO WHICH THE COMPANY MAKES SALES OR FROM WHICH IT MAKES PURCHASES. 4. BORROWING MONEY FROM CUSTOMERS OR FIRMS, OTHER THAN RECOGNIZED LOAN INSTITUTIONS, FROM WHICH OUR COMPANY BUYS SERVICES, MATERIALS, EQUIPMENT, OR SUPPLIES. 5. ACCEPTING SUBSTANTIAL GIFTS OR EXCESSIVE ENTERTAINMENT FROM AN OUTSIDE ORGANIZATION OR AGENCY. 6. SPECULATING OR DEALING IN MATERIALS, EQUIPMENT, SUPPLIES, SERVICES, OR PROPERTY PURCHASED BY THE COMPANY 7. PARTICIPATING IN CIVIC OR PROFESSIONAL ORGANIZATION ACTIVITIES IN A MANNER THAT DIVULGES CONFIDENTIAL COMPANY INFORMATION. 8. MISUSING PRIVILEGED INFORMATION OR REVEALING CONFIDENTIAL DATA TO OUTSIDERS 9. USING ONE'S POSITION IN THE COMPANY OR KNOWLEDGE OF ITS AFFAIRS FOR PERSONAL GAINS. 10. ENGAGING IN PRACTICES OR PROCEDURES THAT VIOLATE ANTITRUST LAWS, COMMERCIAL BRIBERY LAWS, COPYRIGHT LAWS, DISCRIMINATION LAWS, CAMPAIGN CONTRIBUTION LAWS, OR OTHER LAWS REGULATING THE CONDUCT OF COMPANY BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 DESTINATION IMAGINATION, INC. DETERMINES BASE PAY RANGE FOR EACH EMPLOYEE FROM A SURVEY OF AVAILABLE INFORMATION FOR EQUIVALENT JOBS FOR EDUCATION RELATED NONPROFITS IN THE PHILADELPHIA AND OTHER LOCAL GEOGRAPHIC AREAS, WHEN AN EMPLOYEE WORKS REMOTELY. EQUIVALENT JOBS ARE NOT NECESSARILY RELATED TO TITLE BUT RATHER TO THE SCOPE, RESPONSIBILITY AND IMPACT OF THE JOB. THE DEPARTMENT HEAD, HUMAN RESOURCES, AND THE EXECUTIVE DIRECTOR REVIEWS AND APPROVES SALARY DECISIONS. THE OVERALL ANNUAL COMPENSATION FOR THE ORGANIZATION IS APPROVED BY THE BOARD OF TRUSTEES DURING THE ANNUAL BUDGET REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AT DESTINATIONIMAGINATION.ORG AND UPON REQUEST.