2025-02-27T12:46:14-06:00 2024-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-07-01 061517218 STUDENT LEADERSHIP NETWORK INC STUD 2122073221 322 EIGHTH AVENUE 4TH FLOOR NEW YORK NY 10001 ANN RUBENSTEIN TISCH BOARD CHAIRPERSON 2122073221 2025-02-24 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2025-03-06 01:10:19Z BRAD RUSKIN 322 EIGHTH AVENUE 4TH FLOOR NEW YORK NY 10001 17586426 0 X WWW.STUDENTLEADERSHIPNETWORK.ORG X 1998 DE TO ENABLE LOW-INCOME YOUTH TO ACHIEVE THEIR HIGHEST EDUCATIONAL POTENTIAL. 21 21 197 200 0 0 13964453 9089021 3445886 4331689 406770 531329 937753 -175003 18754862 13777036 11000 17500 0 0 8439963 9789398 0 48600 940552 3704112 3543034 12155075 13398532 6599787 378504 20661758 20858840 3359053 2542504 17302705 18316336 X SEE SCHEDULE O 0 0 8499837 4314189 COLLEGE BOUND INITIATIVE: - SEE SCHEDULE O. 2881496 17500 17500 THE YOUNG WOMEN'S LEADERSHIP SCHOOLS: - SEE SCHEDULE O. 11381333 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 73 0 1 197 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X MARGARET KAYMANSTUDENT LEADERSHIP NETWORK 2122073221 322 EIGHTH AVENUE 4TH FLR NEW YORK NY 10001 ANN RUBENSTEIN TISCH PRESIDENT 3.00 X X 0 0 0 ANDREW H TISCH VICE PRESIDENT 3.00 X X 0 0 0 JENNIFER POWERS TREASURER 3.00 X X 0 0 0 DEBRA LEWIN SECRETARY 3.00 X X 0 0 0 BRADLEY RUSKIN BOARD CHAIRPERSON 3.00 X X 0 0 0 SEYMOUR FLIEGEL DIRECTOR 3.00 X 0 0 0 PHEBE FARROW PORT DIRECTOR 3.00 X 0 0 0 JUDITH FISHLOW-MINTER DIRECTOR 3.00 X 0 0 0 KAREN MITCHELL DIRECTOR 3.00 X 0 0 0 ROBIN ROSS DIRECTOR 3.00 X 0 0 0 VALERIE RADWANER DIRECTOR 3.00 X 0 0 0 JOSHUA BELLIS DIRECTOR 3.00 X 0 0 0 RICHARD SARNOFF DIRECTOR 3.00 X 0 0 0 STEPHANIE DRESCHER DIRECTOR 3.00 X 0 0 0 GERTRUDE ERWIN DIRECTOR 3.00 X 0 0 0 ROMITA SHETTY DIRECTOR 3.00 X 0 0 0 MARIA CRISTINA GONZALEZ NOGUERA DIRECTOR 3.00 X 0 0 0 LINDSAY GRUBER DUNHAM DIRECTOR 3.00 X 0 0 0 DARRYL JONES DIRECTOR 3.00 X 0 0 0 LAURIE ROSENBLATT DIRECTOR 3.00 X 0 0 0 JACOB STRAUSS DIRECTOR 3.00 X 0 0 0 YOLONDA MARSHALL CHIEF EXECUTIVE OFFICER 35.00 X 292040 0 40930 SARA CLARKE CHIEF OPERATING OFFICER 35.00 X 179533 0 24936 JON ROURE CHIEF INNOVATION OFFICER 35.00 X 240374 0 11111 BETH COHEN SENIOR MANAGING DIR. OF GROWTH 35.00 X 181178 0 30338 LAURA REBELL GROSS SENIOR MANAGING DIRECTOR 35.00 X 178708 0 27838 ROBERT ROBINSON SENIOR MANAGING DIR. OF CB 35.00 X 187215 0 18412 MARGARET KAYMAN MANAGING DIRECTOR FINANCE 28.00 X 114384 0 20842 1373432 0 174407 7 0 1 0 0 1170661 258141 7660219 50621 9089021 PROGRAM SERVICE REV. 900099 4331689 4331689 4331689 494885 494885 3563681 3527237 36444 36444 36444 107150 1170661 282153 -175003 -175003 13777036 4331689 0 356326 17500 17500 608585 511118 52948 44519 7334410 6146658 651719 536033 196868 179451 1949 15468 1029837 863304 92121 74412 619698 519488 55433 44777 24375 24375 72000 72000 48600 48600 387286 348338 38948 185270 161925 17867 5478 261497 194572 40480 26445 568036 475173 47717 45146 75490 63642 7544 4304 152047 127325 12690 12032 37762 31621 3152 2989 TYWLS NETWORK PROGRAM 1053080 1053080 COLLEGE BOUND PROGRAM 565904 565904 TRAINING & RECRUITMENT 87987 81268 3075 3644 OTHER EXPENSES 71149 40648 26524 3977 1151 318 105 728 13398532 11381333 1076647 940552 114778 35061 4008200 2851832 902450 1278714 2479120 1411842 366885 495745 1542908 1208258 463549 334650 10287739 12836731 2039037 1614265 20661758 20858840 736326 473847 67146 27145 2555581 2041512 3359053 2542504 X 13838431 14060802 3464274 4255534 17302705 18316336 20661758 20858840 378504 635127 0 X 0 1 X 1 0 X 7242769 8377062 9767362 13964453 9089021 48440667 7242769 8377062 9767362 13964453 9089021 48440667 10122880 38317787 93156 97964 111668 402453 494885 1200126 5261 4532 2740 1147879 1160412 50801205 15395131 0.75430 0.73130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72000 72000 13326532 13398532 819927 204982 0 0 603240 650422 760620 819927 2834209 4251314 60000 60000 68000 72000 260000 150810 162606 190155 204982 708553 1062830 14202762 3355534 682707 3025274 15215729 7570963 9539855 104419 3012475 14202762 6005525 4393024 2827586 7570963 4404981 2786190 1185646 6005525 4653224 624493 872736 4404981 0.72040 0.27960 0 0 1542908 1208258 334650 334650 RIGHT-OF-USE ASSET, NET OPERATING LEASES 1614265 1614265 OPERATING LEASE LIABILITY 2041512 2041512 14957317 635127 263001 282153 1180281 13777036 0 13777036 13943686 263001 282153 545154 13398532 0 13398532 PART V, LINE 4: THE BOARD-DESIGNATED FUND CONSISTS OF AMOUNTS SET ASIDE FOR ANY FUTURE OPERATING NEEDS INCLUDING INFRASTRUCTURE SPENDING FOR THE EXPANSION OF COLLEGEBOUND INITIATIVE AS APPROVED BY THE BOARD OF DIRECTORS. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, THE NETWORK MADE AN INTERFUND TRANSFER OF $345,000 FROM OPERATIONS TO THE BOARD-DESIGNATED FUND. THE BOARD-DESIGNATED GROWTH FUND CONSISTS OF AMOUNTS SET ASIDE FOR FUTURE EXPANSION PLANS INCLUDING ADDING CAPACITY BUILDING TO NEW SCHOOL DISTRICTS, EXPANDING OUR COLLEGEBRIDGE (FORMERLY BRIDGE THROUGH COLLEGE) PROGRAM AND ADDING MORE TYWLS SCHOOLS. DURING THE FISCAL YEAR ENDED JUNE 30, 2023, IN CONNECTION WITH A DONATION FROM MACKENZIE SCOTT FOUNDATION, WITHOUT DONOR RESTRICTIONS, THE NETWORK MADE AN INTERFUND TRANSFER OF $7,155,581 FROM OPERATIONS TO THE GROWTH FUND FOR FUTURE FISCAL YEARS. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE NETWORK MADE AN INTERFUND TRANSFER OF $461,000 FROM THE GROWTH FUND TO OPERATIONS. INCLUDED IN THE BOARD-DESIGNATED GROWTH FUND IS THE INTERNAL BOARD-DESIGNATED ENDOWMENT. NET ASSETS WITH DONOR RESTRICTIONS INCLUDE CONTRIBUTIONS RECEIVED WITH DONOR STIPULATIONS THAT LIMIT THE USE OF THE DONATED ASSETS FOR A SPECIFIC PURPOSE OR RELATE TO FUTURE PERIODS. WHEN A DONOR TIME RESTRICTION EXPIRES OR THE PURPOSE RESTRICTION IS ACCOMPLISHED, NET ASSETS WITH TEMPORARY DONOR RESTRICTIONS ARE RECLASSIFIED TO NET ASSETS WITHOUT DONOR RESTRICTIONS AND REPORTED IN THE STATEMENT OF ACTIVITIES AS NET ASSETS RELEASED FROM RESTRICTIONS. DURING THE 2024 AND 2023 FISCAL YEARS, $2,564,274 AND $3,012,475, RESPECTIVELY, WERE RELEASED FROM RESTRICTIONS FOR THE PROGRAMS AND EVENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 282,153. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 282,153. X X X X X X X 0 GLOW GLOBAL EVENTS 1460 BROADWAY NEW YORK NY 10036 FUNDRAISING FOR OCTOBER BREAKFAST 0 1277811 48600 0 1277811 48600 NY EMPOWER BREAKFAST 1277811 1170661 107150 67245 105186 109722 1277811 1170661 107150 67245 105186 109722 282153 -175003 1 SCHOLARSHIPS 16 17500 PART I, LINE 2: SCHOLARSHIPS ARE GIVEN TO HIGH SCHOOL GRADUATES TO HELP DEFER COLLEGE COSTS BASED ON ACADEMIC PERFORMANCE AND NEED. COLLEGE COUNSELORS AT EACH SCHOOL NOMINATE RECIPIENTS. COUNSELORS ALSO DELIVER CHECKS TO STUDENTS IN PERSON AND MONITOR THEIR ATTENDANCE. WE RECEIVE GRANTS FROM OUTSIDE SOURCES AND SERVE AS A CONDUIT TO GIVE SCHOLARSHIPS TO THE STUDENTS. WE PROVIDE INFORMATION ON THE SCHOLARSHIP WINNERS TO THE GRANTORS. X X X X 0 0 0 0 0 0 0 0 0 YOLONDA MARSHALL CHIEF EXECUTIVE OFFICER 272840 0 19200 0 0 0 12949 0 27981 0 332970 0 0 0 JON ROURE CHIEF INNOVATION OFFICER 240374 0 0 0 0 0 10294 0 817 0 251485 0 0 0 BETH COHEN SENIOR MANAGING DIR. OF GROWTH 181178 0 0 0 0 0 8142 0 22196 0 211516 0 0 0 LAURA REBELL GROSS SENIOR MANAGING DIRECTOR 178708 0 0 0 0 0 8193 0 19645 0 206546 0 0 0 ROBERT ROBINSON SENIOR MANAGING DIR. OF CB 187215 0 0 0 0 0 8193 0 10219 0 205627 0 0 0 SARA CLARKE CHIEF OPERATING OFFICER 179533 0 0 0 0 0 8353 0 16583 0 204469 0 0 0 X 2 50621 FMV 0 0 0 PART III - LINE 1 STUDENT LEADERSHIP NETWORK, INC. (THE "NETWORK"), FORMERLY KNOWN AS THE YOUNG WOMEN'S LEADERSHIP NETWORK, WAS INCORPORATED ON MAY 14, 1998 UNDER THE GENERAL CORPORATION LAW OF THE STATE OF DELAWARE. THE NETWORK IS A NON-STOCK, NON-PROFIT CORPORATION. THE NETWORK SUPPORTS YOUNG PEOPLE GROWING UP IN DIVERSE UNDERSERVED COMMUNITIES TO GAIN ACCESS TO HIGHER EDUCATION, HELPING THEM FULFILL THEIR DREAMS. THROUGH OUR WORK IN COLLEGE ACCESS AND SUCCESS AND GIRLS AND GENDER-EXPANSIVE YOUTH EDUCATION, WE ARE WORKING TOWARDS A FUTURE WITHOUT BARRIERS TO THE EDUCATIONAL OPPORTUNITIES ALL STUDENTS DESERVE. PART III - LINE 4A COLLEGE BOUND INITIATIVE (CBI): COLLEGEBOUND INITIATIVE (CBI) IS A COMPREHENSIVE SCHOOL-BASED COLLEGE GUIDANCE PROGRAM FOR SINGLE-SEX AND CO-ED PUBLIC SCHOOLS THAT SUPPORTS 6TH THROUGH 12TH GRADE STUDENTS IN ACHIEVING THEIR COLLEGE-GOING DREAMS. CBI'S GOAL IS TO RAISE PARENTS AND STUDENTS' EXPECTATIONS, CREATE A SCHOOL WIDE CULTURE OF SUCCESS, INCREASE STUDENTS' COLLEGE ENROLLMENT RATES, AND SECURE CRITICAL FINANCIAL AID TO MAKE HIGHER EDUCATION AFFORDABLE. IN FISCAL YEAR 2024, SL NETWORK SUPPORTED CBI IN TWENTY-SIX PUBLIC SCHOOLS IN NEW YORK CITY, ONE IN ROCHESTER, AND SIX IN BUFFALO. IN THE 23-24 SCHOOL YEAR, CBI SERVED 16,268 BOYS AND GIRLS IN GRADES 6-12. DEMOGRAPHICALLY, 88% WERE ELIGIBLE FOR FREE OR REDUCED LUNCH; 47% WERE HISPANIC, 31% AFRICAN AMERICAN, 11% ASIAN, AND 8% CAUCASIAN. FOR THE CLASS OF 2024, CBI SERVED 2,616 GRADUATING SENIORS, 80% OF GRADUATES WERE ACCEPTED TO COLLEGE AND PLAN TO ENROLL. 62% WERE ACCEPTED TO A 4-YEAR COLLEGE AND 18% TO 2-YEAR COLLEGES. EXCLUDING BUFFALO, CBI SERVED 2,097 GRADUATING SENIORS, 87% OF THE GRADUATES WERE ACCEPTED TO COLLEGE. 68% WERE ACCEPTED TO A 4-YEAR COLLEGE AND 18% TO 2-YEAR COLLEGES. CBI PARTICIPANTS GRADUATING FROM OUR PARTNER HIGH SCHOOLS ENROLL IN FOUR-YEAR COLLEGE DEGREES AT NEARLY DOUBLE THE RATE OF THEIR COMPARISON GROUP. FOR THE CLASS OF 2024, CBI COUNSELORS GENERATED $25.7 MILLION IN SCHOLARSHIPS AND GRANTS. THE AVERAGE STUDENT PACKAGE WAS $25,148. PART III - LINE 4B THE YOUNG WOMEN'S LEADERSHIP SCHOOLS (TYWLS): GIRLS EDUCATION PROGRAMS ENCOMPASS BOTH OUR SIX THE YOUNG WOMEN'S LEADERSHIP SCHOOLS IN NEW YORK CITY AND THE YOUNG WOMEN'S LEADERSHIP NETWORK (YWLN) WHICH IS A NATIONAL NETWORK OF SINGLE-GENDER PUBLIC SCHOOLS PROVIDING AN EXCELLENT WHOLE GIRL MODEL EDUCATION THAT CHALLENGES THE EDUCATIONAL AND GENDER INEQUITIES THAT PERSIST IN OUR COUNTRY. OUR NYC SCHOOLS' HIGH-QUALITY EDUCATION AND COMPREHENSIVE COLLEGE GUIDANCE PROGRAMS ENSURE THAT 96% OF OUR GIRLS' SCHOOL GRADUATES ARE ACCEPTED TO COLLEGE. OVER 50% OF THESE GIRLS ARE FIRST-GENERATION STUDENTS. IN THE 23-24 SCHOOL YEAR, WE EDUCATED 2,247 GIRLS IN GRADES 6-12. DEMOGRAPHICALLY, 82% WERE ELIGIBLE FOR FREE OR REDUCED LUNCH; 45% HISPANIC, 25% WERE AFRICAN AMERICAN; 19% ASIAN AND 7% CAUCASIAN. FOR THE CLASS OF 2024, TYWLS GRADUATED 325 SENIORS, 96% OF THE GRADUATES WERE ACCEPTED TO COLLEGE AND PLAN TO ENROLL. 86% WERE ACCEPTED TO A 4-YEAR COLLEGE AND 10% TO 2-YEAR COLLEGES. FOR THE CLASS OF 2024, CBI COUNSELORS AT FIVE TYWLS SCHOOLS GENERATED $7.2 MILLION IN SCHOLARSHIPS AND GRANTS. THE AVERAGE STUDENT PACKAGE WAS $32,016. FORM 990, PART VI, SECTION A, LINE 2 ANN RUBENSTEIN TISCH (PRESIDENT) AND ANDREW H. TISCH (VICE PRESIDENT) ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE ELECTED BY MAJORITY VOTE OF THE ENTIRE BOARD. SUCH ELECTION MAY BE HELD BY A MEETING OF THE BOARD (IN PERSON OR BY VIDEO CONFERENCE), BY EMAIL OR BY ANOTHER MEANS AS MAY BE SELECTED BY THE BOARD. EACH DIRECTOR SHALL HOLD OFFICE FOR A THREE-YEAR TERM, WHICH MAY BE RENEWED BY A MAJORITY VOTE. DIRECTORS MAY SERVE AN UNLIMITED NUMBER OF TERMS. FORM 990, PART VI, SECTION A, LINE 7B DIRECTORS SHALL BE ELECTED BY MAJORITY VOTE OF THE ENTIRE BOARD. SUCH ELECTION MAY BE HELD BY A MEETING OF THE BOARD (IN PERSON OR TELEPHONICALLY), BY EMAIL OR BY ANOTHER MEANS AS MAY BE SELECTED BY THE BOARD. EACH DIRECTOR SHALL HOLD OFFICE FOR A THREE-YEAR TERM, WHICH MAY BE RENEWED BY A MAJORITY VOTE OF THE ENTIRE BOARD, OR UNTIL SUCH DIRECTOR'S DEATH, RESIGNATION OR REMOVAL. DIRECTORS MAY SERVE AN UNLIMITED NUMBER OF TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PRESENTED TO THE FINANCIAL COMMITTEE FOR THEIR REVIEW. THEN EACH BOARD MEMBER OF THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO THE SUBMISSION OF THE FORM TO THE IRS. THE FORM WILL NOT BE FILED UNTIL ALL MEMBERS OF THE BOARD HAVE REVIEWED THE FORM. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE BOARD MEMBERS AND KEY EMPLOYEES ARE SENT A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO COMPLETE A DISCLOSURE STATEMENT WITH REGARDS TO ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 WHEN HIRING NEW EMPLOYEES, THE ORGANIZATION COMPLETES A COMPETITIVE REVIEW TO DETERMINE COMPENSATION. THIS PROCESS INCLUDES A REVIEW OF COMPARABLE DATA INCLUDING COMPENSATION SURVEYS, DEPARTMENT OF EDUCATION GUIDELINES, AND 990'S OF SIMILAR ORGANIZATIONS. ANNUALLY, THE BOARD AND MANAGEMENT REVIEW PAY INCREASES FOR KEY EMPLOYEES TO ENSURE THE SALARY REMAINS IN LINE WITH COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 SL NETWORK DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.