2025-11-25T15:43:58-06:00 2025-08-08 274279115 BD & ASSOCIATES CPAS PLLC 1671 W HORIZON RIDGE PKWY STE 220 HENDERSON NV 89012 990 2025-01-01 880419638 FOUNDATION FOR POSITIVELY KIDS FOUN 7022022255 4375 LAS VEGAS BLVD NORTH 10 LAS VEGAS NV 89115 AMANDA CORMICAN PRESIDENT 7022022255 2025-11-24 1 1 T GARTH MCBRIDE CPA P00191358 7022022255 2025-11-24 2024 2025-03-06 01:10:19Z X POSITIVELY KIDS AMANDA CORMICAN 4375 LAS VEGAS BLVD NORTH 10 LAS VEGAS NV 89115 411967 0 X HTTPS://WEAREPOSITIVELYKIDS.APLOS.ORG X 1999 NV THE MISSION OF THE FOUNDATION FOR POSITIVELY KIDS IS TO PROVIDE HIGH QUALITY HEALTHCARE SERVICES FOR MEDICALLY FRAGILE AND/OR DEVELOPMENTALLY DELAYED CHILDREN, BIRTH TO 18, AND THEIR FAMILIES IN SOUTHERN NEVADA. X 3 3 5 0 0 0 90083 64227 1427607 85669 219 116760 213446 145311 1731355 411967 0 137578 0 0 1299132 494397 0 0 0 462016 230367 1761148 862342 -29793 -450375 576087 0 534579 408867 41508 -408867 X THE MISSION OF THE FOUNDATION FOR POSITIVELY KIDS IS TO PROVIDE HIGH QUALITY HEALTHCARE SERVICES FOR MEDICALLY FRAGILE AND/OR DEVELOPMENTALLY DELAYED CHILDREN, BIRTH TO 18, AND THEIR FAMILIES IN SOUTHERN NEVADA. 0 1 731163 137578 347740 THE MISSION OF THE FOUNDATION FOR POSITIVELY KIDS IS TO PROVIDE HIGH QUALITY HEALTHCARE SERVICES FOR MEDICALLY FRAGILE AND/OR DEVELOPMENTALLY DELAYED CHILDREN, BIRTH TO 18, AND THEIR FAMILIES IN SOUTHERN NEVADA. N/A N/A 731163 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 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 X AMANDA CORMICAN 7022022255 4375 LAS VEGAS BLVD NORTH 10 LAS VEGAS NV 89115 JOLIE COURTNEY TREASURER 0.01 X 0 0 0 LEE FILIPE SECRETARY 0.01 X 0 0 0 AMANDA CORMICAN CEO / PRESIDENT 40.00 X 315440 0 0 315440 0 0 1 0 1 0 0 54227 10000 64227 PATIENT SERVICE REVENU 621300 85669 85669 85669 116760 116760 INSURANCE PROCEEDS 524298 75126 75126 ERC INCOME 621300 55224 55224 MISCELLANEOUS REVENUE 621300 14961 14961 145311 411967 347740 0 0 137578 137578 80769 80769 391430 391430 22198 22198 101094 101094 4000 4000 22 22 14641 14641 7682 7682 OUTSIDE SERVICES 42331 42331 SOFTWARE 24168 20788 3380 MEDICAL SUPPLIES 10395 10395 RENT 7290 7290 18744 18384 360 862342 731163 131179 0 X 192583 0 0 0 0 0 0 383504 0 0 0 0 0 0 0 0 0 0 576087 0 0 0 460274 338795 74305 70072 534579 408867 X 41508 -408867 0 0 41508 -408867 576087 0 -450375 0 X 0 0 0 X 1530143 1349138 918867 90083 64227 3952458 1530143 1349138 918867 90083 64227 3952458 3952458 219 116760 116979 4069437 1988793 0.97130 1.00000 X PART II, SHORT YEAR EXPLANATION: DURING 2025, THE ORGANIZATION IS FILING A SHORT AND FINAL RETURN FOR 01/01/2025 - 08/12/2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SBA LOAN INTEREST PAYABLE 32679 WELLS FARGO - PDP PRINTERS 37393 70072 1 BRIGHTER PEDIATRICS 732 6TH ST 4633 LAS VEGAS NV 89101 334244812 130578 0 THE PURPOSE OF THIS DONATION WAS TO DISTRIBUTE ALL OF THE CASH ON HAND TO CLOSE FOUNDATION FOR POSITIVELY KIDS SPLASHES OF HOPE PO BOX 537 HUNTINGTON NY 11743 113355542 7000 0 FOR RESTRICTED FUNDS REMAINING FROM SPEEDWAY CHILDREN'S CHARITIES AND RAIDERS FUNDING 1 1 PART I, LINE 2: THE ORGANIZATION USED ACCOUNTING (APLOS) AND GRANT (INSTRUMENTL) SOFTWARE TO MONITOR GRANT FUNDS. THE ORGANIZATION ALSO USED EMPLOYEES AND CONTRACT STAFF. X X X X 0 0 0 0 0 0 0 1 0 AMANDA CORMICAN CEO / PRESIDENT 80769 0 0 0 234671 0 0 0 0 0 315440 0 0 0 PART I, LINE 7 AMANDA CORMICAN HAD A CONTRACTED AMOUNT TO BE PAID OUT DURING THE CLOSING OF THE ORGANIZATION. THIS WAS LISTED SEPARATELY FROM HER SALARY EARNED DURING THE OPERATIONS. THE OTHER COMPENSATION INCLUDES PTO BUYOUT OF $45,514 AND CONTRACT PAYOUT OF $189,157. THE CONTRACT WAS SIGNED UPON HIRE BY THE PRIOR CEO/PRESIDENT AND EXECUTIVE TEAM. CASH 2025-08-08 130578 ACTUAL VALUE 334244812 BRIGHTER PEDIATRICS 732 S 6TH STREET 4633 LAS VEGAS NV 89101 501(C)(3) ELECTRONICS: COMPUTERS, PRINTERS, SCANNERS 2025-05-22 0 POOR CONDITION/OUTDATED NEVADA STATE RECYCLING 1816 S INDUSTRIAL RD LAS VEGAS NV 89102 FURNITURE: OFFICE DESKS/CHAIRS 2025-06-02 0 NO VALUE PROVIDED 870291656 DESERET INDUSTRIES 3750 WEST CRAIG RD NORTH LAS VEGAS NV 89032 501(C)(3) MEDICAL SUPPLIES - DISCARDED 2025-05-20 0 COMPROMISED CONDITIONS DUE TO FLOOD/USE EQUIPMENT: INFANT SCALE, VACCINE FRIDGES, VISION SCREENER - DONATED TO NEARBY PEDIATRIC CLINIC 2025-06-23 0 NO VALUE PROVIDED 0 0 0 0 1 1 1 0 0 SCHEDULE N THE ORGANIZATION HAD A FULLY DEPRECIATED BOX TRUCK ON HAND THAT WAS NOT NOTED ON THE BOOKS SINCE BEING FULLY DEPRECIATED. THE TRUCK WAS HANDED OVER TO THE ATTORNEY AFTER 08/08/25. FORM 990, PART III, LINE 3 THE ORGANIZATION CLOSED OPERATIONS IN AUGUST 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IN DRAFT FORM IS SENT TO THE BOARD PRESIDENT AND TREASURER. THE RETURN IS REVIEWED AND AUTHORIZATION IS GIVEN TO E-FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD. THIS IS SUPPORTED WITH COMPARABILITY DATA TO REFLECT THE IRS REQUIRMENT. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, COLUMN B, LINE 25 THE OUTSTANDING LOAN TO WELLS FARGO WAS FOR PRINTERS/EQUIPMENT THAT WERE RETURNED BACK TO THE COMPANY JUNE 2024. OUR ATTORNEYS WERE INVOLVED TO TRY TO SETTLE THIS MATTER BUT AFTER SEVERAL ATTEMPTS, A LEGITIMATE RESPONSE WAS NOT RECEIVED FROM WELLS FARGO. FORM 990, PART X, COLUMN B, LINE 23 AND 25 THE SBA LOAN IS CURRENTLY IN THE PROCESS OF BEING FORGIVEN. IN THE PAST, THE ORGANIZATION HAD SOME PREVIOUS EMPLOYEES WHO MISAPPROPRIATED FUNDS. THOSE FORMER EMPLOYEES HAVE NOW PLED GUILTY AND HAVE BEEN ORDERED TO PAY THE FOUNDATION RESTITUTION PAYMENTS. AMANDA CORMICAN HAS REACHED OUT TO ASK IF THE NEWLY DETERMINED RESTITUTION WILL HELP ADDRESS THE DEFICIENCY IN FUNDS OWED TO THE SBA AND SUPPORT RECONSIDERATION OF THEIR OFFER IN COMPROMISE. THE RECENT GOVERNMENT SHUTDOWN HAD DELAYED THIS PROCESS.