Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 2,806,214 | 9,587,647 | 17,503,799 | 5,398,277 | 3,908,127 | 39,204,064 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 2,806,214 | 9,587,647 | 17,503,799 | 5,398,277 | 3,908,127 | 39,204,064 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 14,286,331 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 24,917,733 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 2,806,214 | 9,587,647 | 17,503,799 | 5,398,277 | 3,908,127 | 39,204,064 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 37,611 | 34,533 | 34,868 | 34,946 | 17,821 | 159,779 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 39,363,843 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2018 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2018 |
(iii) Distributable Amount for 2018 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2018 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2018: | ||||
| a From 2013....... | ||||
| b From 2014....... | ||||
| c From 2015....... | ||||
| d From 2016....... | ||||
| e From 2017....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2018 distributable amount | ||||
|
i
Carryover from 2013 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2018 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2018 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2018, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2018. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2019. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2014...... | ||||
| b Excess from 2015..... | ||||
| c Excess from 2016..... | ||||
| d Excess from 2017..... | ||||
| e Excess from 2018..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART I, LINE 1 | TURNAROUND FOR CHILDREN, INC. IS A NEW YORK CITY BASED NOT-FOR-PROFIT ORGANIZATION THAT ACTS AS A CATALYST FOR CHANGE BY RAISING AWARENESS AND ADDRESSING THE CHALLENGES THAT AFFECT ANY PUBLIC SCHOOL FACING ADVERSITY, PARTICULARLY THOSE IN HIGH-POVERTY COMMUNITIES. TURNAROUND DEVELOPS TOOLS AND STRATEGIES, GROUNDED IN SCIENCE, THAT CULTIVATE A SAFE ENVIRONMENT, REDUCE STRESS, INCREASE ENGAGEMENT IN LEARNING AND ACCELERATE STUDENT DEVELOPMENT AND ACADEMIC ACHIEVEMENT. TURNAROUND'S MISSION IS TO TRANSLATE NEUROSCIENTIFIC RESEARCH INTO TOOLS AND SERVICES FOR SCHOOLS SERVING STUDENTS IMPACTED BY ADVERSITY, IN ORDER TO ACCELERATE HEALTHY DEVELOPMENT AND ACADEMIC ACHIEVEMENT. TURNAROUND IS DEDICATED TO THE DESIGN, DEVELOPMENT AND IMPLEMENTATION OF SCIENTIFICALLY-GROUNDED STRATEGIES, PRACTICES AND TOOLS THAT TRANSFORM THE TEACHING AND LEARNING ENVIRONMENTS IN SCHOOLS SO THAT ALL CHILDREN, NO MATTER THEIR START IN LIFE, CAN REACH THEIR FULL POTENTIAL AS LEARNERS. SINCE 2002, TURNAROUND HAS EVOLVED FROM FOCUSING SOLELY ON CHILDREN'S MENTAL HEALTH ISSUES INTO AN ORGANIZATION WORKING TO CONNECT SCIENTIFIC KNOWLEDGE TO EDUCATIONAL PRACTICE. SPECIFICALLY, TURNAROUND TRANSLATES THE SCIENCE OF LEARNING AND DEVELOPMENT INTO TOOLS AND SERVICES THAT ADDRESS THE IMPACT OF TOXIC STRESS AND ADVERSITY ON STUDENTS AND SCHOOLS. TURNAROUND ACHIEVES THIS BY: - DEVELOPING TOOLS AND SERVICES: TURNAROUND DEVELOPS TOOLS AND SERVICES TO ACCELERATE HEALTHY STUDENT DEVELOPMENT AND ACADEMIC ACHIEVEMENT IN SCHOOLS SERVING HIGH CONCENTRATIONS OF CHILDREN IMPACTED BY ADVERSITY. TURNAROUND'S TOOLS FOR PRACTICE PROMOTE CLEAR AND ACTIONABLE STEPS THAT CAN BE USED BY SCHOOL LEADERS AND PRACTITIONERS TO CULTIVATE SAFE AND SUPPORTIVE ENVIRONMENTS STRENGTHEN RELATIONSHIPS AND DEVELOP ESSENTIAL SKILLS AND MINDSETS. - EXPANDING REACH: TURNAROUND IS WORKING TO DETERMINE EFFECTIVE AND SCALABLE APPROACHES FOR SHARING OUR STRATEGIES AND SERVICES WITH MORE SCHOOLS AND STUDENTS. TURNAROUND'S SUITE OF SERVICES ARE CREATED TO SERVE A VARIETY OF EDUCATION SYSTEMS. - PROMPTING ACTION: TURNAROUND RAISES AWARENESS ABOUT HOW STUDENTS DEVELOP AND LEARN AND OFFER EDUCATORS TOOLS AND STRATEGIES TO HELP ALL CHILDREN THRIVE, NO MATTER THEIR START IN LIFE OR HOW MUCH ADVERSITY THEY FACE. BY ENGAGING WITH AND LEARNING FROM DISTRICTS, SHARING KNOWLEDGE AT THOUGHT LEADERSHIP EVENTS, PARTICIPATING IN RESEARCH AND PRACTICE-BASED COLLABORATIONS AND ARMING POLICYMAKERS WITH EVIDENCE-BASED INSIGHTS, TURNAROUND IS CREATING AN EFFECTIVE AND SUSTAINABLE PLAN FOR SCALING TOOLS AND SERVICES. |
| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: | TURNAROUND FOR CHILDREN, INC. IS A NEW YORK CITY BASED NOT-FOR-PROFIT ORGANIZATION THAT ACTS AS A CATALYST FOR CHANGE BY RAISING AWARENESS AND ADDRESSING THE CHALLENGES THAT AFFECT ANY PUBLIC SCHOOL FACING ADVERSITY, PARTICULARLY THOSE IN HIGH-POVERTY COMMUNITIES. TURNAROUND DEVELOPS TOOLS AND STRATEGIES, GROUNDED IN SCIENCE, THAT CULTIVATE A SAFE ENVIRONMENT, REDUCE STRESS, INCREASE ENGAGEMENT IN LEARNING AND ACCELERATE STUDENT DEVELOPMENT AND ACADEMIC ACHIEVEMENT. SCIENTIFIC RESEARCH SHOWS THAT HUMAN BRAINS ARE MALLEABLE AND CONTINUE TO DEVELOP INTO ADULTHOOD. RELATIONSHIPS AND ENVIRONMENTS SHAPE THE BRAIN FOR GOOD AND FOR BAD. ADVERSITY, INCLUDING TRAUMA, LOSS OF A LOVED ONE, EXPOSURE TO VIOLENCE, HOMELESSNESS, ABUSE AND NEGLECT, POSES RISKS TO CHILDREN'S BRAIN DEVELOPMENT, LEARNING AND BEHAVIOR. A SAFE SCHOOL ENVIRONMENT FILLED WITH TRUSTING RELATIONSHIPS CAN BUFFER THE STRESS AND ADVERSITY CHILDREN MAY EXPERIENCE. TURNAROUND IS CONNECTING THE DOTS BETWEEN SCIENCE, ADVERSITY AND SCHOOL PERFORMANCE. TURNAROUND IS USING SCIENTIFIC KNOWLEDGE AND ITS EXPERIENCE WORKING IN HIGH-POVERTY CLASSROOMS TO DESIGN TOOLS AND STRATEGIES FOR EDUCATORS THAT HELP PUT CHILDREN ON A HEALTHIER DEVELOPMENTAL PATHWAY SO THAT THEY CAN BE SUCCESSFUL IN SCHOOL AND IN LIFE. |
| FORM 990, PART VI, SECTION A, LINE 2 | PAMELA CANTOR, SENIOR SCIENCE ADVISOR & DIRECTOR, AND ANDREW PESKOE, DIRECTOR, HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S IRS FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THE FOLLOWING REVIEW PROCESS IS EXECUTED TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. MANAGEMENT AND THE TREASURER REVIEW THE TAX RETURN BEFORE PRESENTING IT TO THE FINANCE COMMITTEE FOR FURTHER REVIEW AND APPROVAL. ANY ISSUES RAISED BY THE FINANCE COMMITTEE ARE ADDRESSED PRIOR TO PRESENTATION TO THE ORGANIZATION'S BOARD OF DIRECTORS. THE TAX RETURN IS ELECTRONICALLY SUBMITTED TO THE BOARD OF DIRECTORS FOR COMMENTS AND DISCUSSED DURING THE BOARD MEETING. ANY COMMENTS ARE ADDRESSED AND THE TAX RETURN IS SUBMITTED TO THE PRESIDENT/CEO FOR SIGN-OFF. UPON THE RECEIPT OF THE APPROVAL, THE ACCOUNTING FIRM ELECTRONICALLY SUBMITS THE FORM 990 TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | TURNAROUND HAS A CONFLICT OF INTEREST POLICY. TURNAROUND AND ITS BOARD OF DIRECTORS ANNUALLY MONITOR AND, IF APPLICABLE, DISCLOSE AND/OR ENFORCE SUCH POLICY. THE POLICY CURRENTLY REQUIRES THAT ALL INTERESTED PERSONS (DIRECTORS, OFFICERS, AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS) ANNUALLY SUBMIT A SIGNED CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL OR ACTUAL FINANCIAL INTERESTS THAT MAY CREATE AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST AS SET FORTH IN THE POLICY. SIGNED CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE AUDIT COMMITTEE CHAIRPERSON AND RECORDS OF SUCH EXECUTED STATEMENTS ARE MAINTAINED BY THE CHIEF OF STAFF. IF A POTENTIAL CONFLICT OF INTEREST WERE TO ARISE, IT WOULD BE REVIEWED BY THE BOARD OR AUDIT COMMITTEE, WHICH WOULD DETERMINE, AFTER DISCUSSION AND BY MAJORITY VOTE TAKEN WITH ANY INTERESTED PERSONS ABSENT FROM THE MEETING, WHETHER A CONFLICT OF INTEREST EXISTS, WHETHER MORE ADVANTAGEOUS ALTERNATIVES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST ARE AVAILABLE, AND IF NOT, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN TURNAROUND'S BEST INTEREST, FOR ITS OWN BENEFIT, AND FAIR AND REASONABLE. |
| FORM 990, PART VI, SECTION B, LINE 15 | TURNAROUND OBSERVES THE FOLLOWING POLICIES AND PROCEDURES FOR DETERMINING COMPENSATION OF OFFICERS. 1) REVIEW AND APPROVAL BY THE FINANCE COMMITTEE, WHICH IS COMPRISED OF THE BOARD OF DIRECTORS AND WHICH ACTS AS THE COMPENSATION REVIEW COMMITTEE. THE COMPENSATION IS REVIEWED AND APPROVED BY THIS COMMITTEE PROVIDED THAT PERSONS WITH CONFLICT OF INTEREST WITH REGARD TO THE COMPENSATION ARRANGEMENT UNDER DISCUSSION ARE NOT INVOLVED IN THE REVIEW; 2) USE OF DATA AS TO COMPARABLE COMPENSATION: THE COMPENSATION IS REVIEWED AGAINST DATA FOR COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS. TURNAROUND HAS TWO SENIOR MANAGEMENT POSITIONS. THE PRESIDENT/CEO AND THE CHIEF OPERATING OFFICER. AT THE MARCH 5, 2018 MEETING OF THE BOARD OF DIRECTORS, THE FULL BOARD VOTED ON THE APPOINTMENT OF THE NEW CEO AND PRESIDENT WHO USED TO BE THE CHIEF EXTERNAL AFFAIRS OFFICER. THE ADJUSTED SALARY FOR THE NEW CEO AND PRESIDENT, BRIGID AHERN, WAS SET BY THE CEO SEARCH COMMITTEE OF THE BOARD OF DIRECTORS IN PARTNERSHIP WITH AN EXTERNAL EXECUTIVE SEARCH FIRM. THE SALARY WAS DETERMINED BASED ON 1) REVIEW AND APPROVAL OF THE FULL BOARD, 2) USE OF DATA AS TO COMPARABLE COMPENSATION; THE COMPENSATION IS REVIEWED AGAINST DATA FOR COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS, 3) RECORDING OF THE DECISIONS AND DELIBERATIONS. AS OF JUNE 30, 2019, TURNAROUND DID NOT HAVE A CHIEF OPERATING OFFICER (ALTHOUGH WAS CONDUCTING A SEARCH FOR A CHIEF OPERATION OFFICER). |
| FORM 990, PART VI, SECTION C, LINE 19 | TURNAROUND FOR CHILDREN, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE GOVERNING DOCUMENTS, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 25 WEST 45TH STREET, NEW YORK, NY 10036. |
| FORM 990, PART XII, LINE 2C: | TURNAROUND FOR CHILDREN'S BOARD HAS A COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| Software ID: | |
| Software Version: |