UTEC - Orville W. Forté Charitable Foundation

Transcription

COMMON PROPOSAL FORM
COVER SHEET
The Cover Sheet Summary is to provide the essential data about the organization, the
contact person, and the proposal. Please input text in shaded boxes. Complete this form
and submit with your full proposal.
Request to: Orville W. Forté Foundation
Date of Application: 2/14/2014
Full Legal Organization Name: United Teen Equality Center, Inc.
Address: 34 Hurd Street
City: Lowell
State:MA
Zip Code: 01852
Website: http://www.utec-lowell.org/
President/Exec. Dir.: Gregg Croteau
Title: Executive Director
Phone #: 978-856-3990
Email: gcroteau@utec-lowell.org
Contact Person (if different): Dawn Grenier
Title: Associate Director of Development
Phone #: 978-856-3906
Email: dgrenier@utec-lowell.org
Organizational Information
501(c)(3)? Yes
No
If, Yes, FIN #: 38-3669532
Year established: 1999
If No, provide name of fiscal sponsor (enter organization name and address):
Total Organization Budget
Fiscal Yr: Month Jul Day 01
$3,387,814
Total # of Board Members:
Total # of staff: 37
Volunteers #: 21
10
Organizational Mission Statement (50 words or less):
UTEC's mission and promise is to ignite and nurture the ambition of our most disengaged
young people to trade violence and poverty for social and economic success.
Brief Description of Organization (75 words or less):
UTEC’s model begins with intensive street outreach to our most disconnected youth. UTEC
engages youth through case management, workforce training in social enterprises and
alternative education. Social justice and civic engagement are embedded in all
programming, with special emphasis in our organizing and policymaking work both locally
and statewide.
Population Served (25 words or less, include age groups, race & ethnicity, income levels,
etc.):
UTEC serves youth ages 16-24, without a high school credential and either gang involved,
court involved, or parenting/expecting. Our 2013 youth population was 42% Latino, 23%
Asian, 16% Multiracial, 12% White and 7% Black.
Proposal Request:
Program/Project Name: Preparing Proven-Risk Youth for Employment Opportunities in
Furniture Making
Total Program Budget: $1,079,538
Requested Amount: $5,000
%: 1%
Type of Request: Program Support
Grant Period: 1/1/2015 to
Multi-Year? No
12/31/2015
Geographic Area Served: Lowell and Lawrence MA
Priority funding areas of grant maker (indicate how your request fits within the grant maker’s
strategic interest[s]): UTEC's mission and work is perfectly aligned with the Orville Forté
Foundation focus on serving disadvantaged youth in the Greater Boston area to improve job
©Associated Grant Makers provides this form as a service to foundations and corporate grant makers,
and nonprofit organizations seeking grants in Massachusetts and New Hampshire. We prohibit any
duplication or modification of this document without permission.
Page - 1 -
skills, increase self esteem and heighten personal aspirations.
Most recent grants received from this funder:
Amount: $5,000
Amount: $5,000
Date: 12/5/2013
Date: 12/5/2012
I hereby verify that the information provided is accurate and honest to the best of my
knowledge.
Gregg Croteau
2/14/2014
Authorizing signature (President of the Board or Executive Director)
Date
©Associated Grant Makers provides this form as a service to foundations and corporate grant makers,
Page - 2 -
AGM COMMON PROPOSAL FORM
FULL PROPOSAL NARRATIVE
The Full Proposal Narrative is to provide a complete description of the request. This is a
suggested format that includes the most common information asked by foundations and
corporate grant makers. Read the Common Proposal Instructions before you begin. We
strongly recommend that you check the specific guidelines developed by the funder before
completing this form. Please input text in shaded boxes. The suggested limit is eight
(8) pages.
Request to: Orville W. Forté Foundation
Organization Name: United Teen Equality Center
Project Name (if any): Preparing Proven-Risk Youth for Employment Opportunities in
Furniture Making
Organizational Information
1. Organization’s History:
UTEC was founded in 1999 as the result of an organizing movement driven by young people
to develop their own teen center in response to gang violence. Throughout its history, UTEC
has incorporated values of peacemaking, positive action, and youth empowerment in all
programming. Today, our mission and promise is to ignite and nurture the ambition of our
most disengaged youth to trade violence and poverty for social and economic success.
In late 2009, after ten years in operation, staff engaged in a strategic planning process that
led to a programmatic restructuring to provide intensive, integrated services for our most
disconnected youth. UTEC decided to continue the organization’s gang prevention work and
education programming, as well as expand its employment and case management services.
These features were integrated into programming based on ten years of service delivery to
older, gang-involved youth.
In response to the growing need for positive intervention programming for proven-risk
youth in Lowell and Lawrence, UTEC is implementing an intentional scaling plan to serve
and impact our most disconnected young people. UTEC began renovating its historic youth
center in mid-2011. Construction concluded in November 2012, and the center is now the
oldest LEED-Platinum building in the country. The construction included a new addition and
green design retrofits to reduce energy consumption by 50%. The building features space
for a café, which will open in Spring 2014.
As part of our effort to enroll more youth through social enterprise job creation, we piloted
our newest enterprise – Furniture Making – in late 2013 in our warehouse space in
Lawrence.
2. Organizational Goals and Objectives (short-term and/or long-term):
UTEC’s goal is to foster the social and economic success of proven-risk young people. To
help us accomplish our youth goals, we have established four agency-wide outcomes that
guide all programming and define the “social and economic success” referenced in our
mission statement. Specifically, we track youth outcomes for Increased Educational
Associated Grant Makers provides this form as a service to foundations and corporate grant makers,
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Attainment; Increased Employability and Financial Stability; Ceased Criminal and Gang
Activity; and Increased Civic Engagement.
In addition to our goal of ensuring youth progress in the four outcome areas, UTEC has
established the following organizational objectives for FY14:
• Expand overall enrollment from 100 target youth served in FY12 to 200 youth served
in FY16;
• Expand outreach to youth in DYS, county and state locked facilities to ensure
participation in UTE’s workforce development and social enterprise program when
they return to their communities;
• Increase job slots in our UTEC-run social enterprises - currently food services,
building trades, mattress recycling, and furniture making;
• Launch a food manufacturing enterprise involving value-added products (such as
salsas and pestos) from locally sourced food, to be sold at our café and through
partnering retailers (business plans are currently being developed with Whole
Foods); and
• Develop post-secondary education and job placement opportunities for proven-risk
youth.
3. Programs and Services (briefly describe your organization’s programs and
services):
UTEC's mission is to ignite and nurture the ambition of our most disconnected young people
to trade violence and poverty for social and economic success. UTEC was founded in 1999
by young people driven to develop their own teen center in response to gang violence.
Today, UTEC’s nationally recognized model begins with intensive street outreach and gang
peacemaking, reaching out to our most disconnected youth by meeting them “where they’re
at” and facilitating a peace process between rival gang leaders. Each young person in our
target population (16-24, dropped out of school, gang or criminally involved, or
pregnant/parenting) receives up to three years of intensive case management. UTEC
provides workforce training through our social enterprises in culinary, recycling, furniture
design and light demolition and construction crews. Project-based educational programming
is provided through both an alternative high school diploma program and GED pathways.
Social justice and civic engagement are embedded in all programming, with special
emphasis on our youth-led, state and local grassroots organizing and policymaking
campaigns, such as the campaign to lower the voting age. Enrichment activities such as
athletics, dance, and visual arts give youth healthy and safe alternatives to violence while
serving as recruitment pathways into more structured enrollment programs. Ultimately,
UTEC’s unique model can provide a pathway from the street to the state house for older
youth most often overlooked and considered disengaged.
4. Organizational Structure (board, staff, volunteers):
UTEC has a simple organizational structure. At the top is an Executive Board, including
youth members, which sets high level policy and direction. Operations for the center are
managed by a fully empowered Executive Director, who works closely with our Chief
Program Officer and Chief Innovation Officer. Each of UTEC’s program teams is led by an
experienced Director who implements programs and procedures to achieve the short and
long term objectives identified by the Board and Executive Director. Current staffing
includes 35 full-time and 7 part-time positions. UTEC programs also benefit from the
support of 18 full-time AmeriCorps members for 10 months per year, and 3 full-time
AmeriCorps VISTA members to build capacity within our Evaluation, Social Enterprise and
Development teams.
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UTEC intentionally hires a staff that reflects the racial diversity and life experience of the
youth its serves. The racial composition of executive and program staff is 43% White, 27%
Asian, 10% Latino, 10% Black, and 10% Other. Many UTEC staff have similar life stories to
those of youth. UTEC has hired former gang members, refugees, immigrants, and the
children of refugees and immigrants..
Proposal Information
(If you are requesting general operating support, provide information about your
organizations overall purpose, operating needs, and strategic plans.)
5. Description of Program/Project:
UTEC’s Workforce Development and Social Enterprise program – which includes a required
education component and wrap-around case management – is intended to provide a range
of employment opportunities for our youth where they can develop workforce competencies
as well as basic skills in specific trades. Recognizing that the majority of our youth come
from difficult backgrounds, the programs are built to instill positive employment behaviors
over a long period of time (e.g., 2 years) vs. shorter, more intensive programs.
Through this program, youth learn industry-specific skills and, most importantly, the
interpersonal and life skills required to excel in any workplace. Program Managers teach and
mentor youth so that they can pursue viable and long-term careers after they leave UTEC.
The programming emphasizes the basic soft skills that are needed for long-term success in
UTEC’s model and in the community: reliable attendance and appropriate personal
presentation, group work and communication, hands-on work experience and work ethic,
basic problem-solving, and ability to follow directions.
UTEC’s Social Enterprise model provides on the job training opportunities to participating
youth in a variety of industries that promise valuable experience in fields that offer
appropriate entry level positions for youth at the point of graduation (e.g., jobs that do not
require post-secondary credentials). These enterprises, moreover, are market-based and
provide invaluable opportunities for youth to interact with customers, work under deadlines
and participate in the management of the business. The earned revenue offsets program
costs and raises the profile of participating youth as valuable contributors to the workforce
and tax base through their taxable earnings. The increase in responsibility is matched by
increased financial incentives, which serve the additional purpose of providing supplemental
resources for youth to gain even greater financial independence. The wages allow youth to
afford permanent housing, child care expenses, and ultimately save for future needs.
As youth gain valuable job skills, they are simultaneously ingraining the positive life habits
that will serve them when they are integrated into the traditional workforce, including
months of arriving at work on time and mentally prepared for work. This phase of the
program is intentionally the longest, as it is here that the long-term habits will be formed
within the context of an increasingly structured environment that upholds high standards for
performance, etiquette, and attendance. During this on-the-job training, youth have
opportunities to work independently and within a group and simultaneously work to earn
nationally recognized certifications that will serve them in future trades, including OSHA and
ServSafe.
In all of these activities, we emphasize a triple bottom line: (1) providing living wages for
the youth that we serve; (2) producing self-generating revenue to support our work; and
(3) supporting community impact on sustainability by focusing on serving the local
community, purchasing materials for our enterprises locally, and working with local
community partners. In addition, these enterprises serve to engage youth over a long
period of time: for youth who are difficult to engage, the “hook” of earning money gets
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them in our doors and encourages them to stay for a longer period than they might
otherwise. In addition, by creating our own enterprises, UTEC is able to create our own
rules that allow youth opportunities to fail, but then re-engage in our programs – often
many times – before they succeed. Through our enterprises, we offer youth a safe place to
fail and to try again, before they have to play by the rules in the “real world.”
6. Description of Need (What is the issue you plan to address? What is your
approach? What research supports your idea? How does your strategy differ from
others in the field?):
Lowell is the fifth largest city in Massachusetts, located about 35 miles northwest of Boston.
With a history of textile-mill manufacturing, Lowell remains a diverse immigrant community
of 106,519 residents. Nearly 25% are foreign born, and 42% speak a language other than
English at home. Lowell has a significant Latino population at 17.3% and an even larger
Asian population (mostly Cambodian) at 20.2% (US Census 2010).
There are about 13,600 youth between the ages of 16-24 in Lowell, and they face a number
of challenges, including:
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•
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Poverty: 17.5% of Lowell households live below the poverty line, compared with
10.5% statewide, and 22% of children live in poverty (Census 2010 data).
Drug and narcotics violations increased 12% between 2009 and 2010. Gang-related
Group B offenses (which include drug offenses) increased 24% during that time
period (Lowell Police Department 2010).
Gang involvement: Lowell Police estimate that 1,500-2,000 youth are involved in 2530 active gang sets, well above the average among cities of comparable size. Lowell
youth join national gang sets, particularly Latino and Asian (eg, Latin Kings, Tiny
Rascal Gangs), and more localized sets (eg, Brown Mafia).
Cultural barriers: In many of Lowell’s immigrant families, barriers such as language
gaps and generation differences can cause conflict between children and their
parents.
Pregnancy: Lowell has the 8th highest teen pregnancy rate in the state’s 350
communities (Lowell Community Health Center 2012).
Dropout rates: Lowell High School is the second-largest in the state, with a 4-year
graduation rate in the bottom 10% of Massachusetts districts. These high dropout
rates result in a severe disconnect with other service providers for older teens and
youth who may be in the greatest need of support.
Our in-process expansion to serve youth from nearby Lawrence, MA, is due in part to its
even greater needs. The 2010 US Census confirms that Lawrence has one of the youngest
populations in the state with approximately 41% under 24 (33% is under 15). It also shows
that the Latino population of Lawrence is at 78.3%, up from 59.7% in 2000. Median family
and per capita income in Lawrence is approximately 50% of the state average.
Unemployment rates in Lawrence are consistently more than twice that of the state. In
2010, the Lawrence violent crime rate was 94 % higher than the violent crime rate in
Massachusetts, according to FBI statistics. Furthermore, between January 1 and June 30,
2011, violent crime increased by 44% compared to the same period in 2010. In 2009 and
2010, an incredible 92% of Lawrence Police Department arrests were of minority youth
under the age of 17 (Lawrence Police Dept, 2011). If these challenges were not daunting
enough, Lawrence Public Schools went into receivership in 2011.
7. Specific Activities (Include information about service delivery and/or timeline.):
UTEC’s request to the Orville W. Forté Foundation is for support of our newest social
enterprise – Furniture Making. In late 2013, we piloted this business to teach youth how to
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make unique furniture that is UTEC-inspired. We plan to sell the furniture to local customers
who are happy to support UTEC’s mission-based social enterprise.
The Furniture Making crew’s first project is building the furniture for our café, to open in
2014 as an expansion of our Food Services enterprise. They will move on to create a line of
products that will enable them to develop basic drawing, modeling and construction skills,
as well as custom work using re-purposed materials. This enterprise will ideally use
reclaimed materials from our Mattress Recycling and Building Trades work.
All enterprise youth progress through a tiered structure that gradually fosters greater
responsibility.
1. Engagement Level, our core workforce level, operates 5 days a week from 9 to 4.
Two youth cohorts who alternate between daily workforce and education/enrichment
blocks. Youth work in morning or afternoon shifts of 3-4 hours a day in our social
enterprises; the other half of the day involves GED, personal development, and
enrichment classes. Youth receive daily stipends from $20-$45/ day, depending on
level and GED obtainment. The engagement level is itself subdivided into three tiers:
bench, crew and skill. Progression is based on performance review and attendance
record. As they progress, youth also begin meeting with UTEC’s job developer to
explore internship and post-enrollment employment opportunities.
2. Independence Level – Internship consists of a 3-6 month paid, part-time internship
outside UTEC. Youth continue to meet weekly with their Transitional Coaches and
attend GED classes if they have not yet obtained this high school credential.
Employers that host UTEC interns submit monthly evaluations. This level also
provides opportunities for “enterprise level” positions within UTEC (30 hours/week
for a minimum of 4-6 months) such as café crew leader and reception positions.
3. Independence Level – Permanent Employment marks a youth’s completion of UTEC
requirements but does not conclude the UTEC relationship with its “graduates.”
UTEC’s Pathways Coordinator issues an employer survey the first month and then
every 2 months for the first 6 months that a graduate is on the job. Additionally, the
Pathways Coordinator facilitates first and second month meetings with the Job
Developer, Employer, and Youth. Transitional Coaches continue to check-in with
graduates weekly to biweekly to monthly, with reduced dosage over time.
Daily youth schedules are determined by their placement into one of three groups. Youth
who are placed in Group A will have work shifts Monday and Tuesday mornings and
participate in HiSET (formerly GED) classes in the afternoon. On Thursday and Fridays,
Group A youth begin with HiSET instruction and then switch to work shifts in the afternoon.
Group B youth have a similar schedule but in reverse order. On Wednesdays, all youth
participate in professional development workshops, life skills classes, driver’s education,
social justice circles and other special events such as guest speakers.
An investment from the Orville W. Forté Foundation will provide seed funding for needed
equipment and supplies to increase production and efficiency. Additionally, a portion of the
funds will support our Furniture Making program manager as well as daily mileage costs to
transport youth from our program center in Lowell to the Furniture Making location in
Lawrence.
8. Objectives and Goals for this Request (How will this grant strengthen the
organization, address the issues, make improvements, or achieve success?):
The goal of the Workforce Development and Social Enterprise program is to prepare youth
for full-time employment and increase youth’s educational attainment through HiSET
preparation.
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With support from the Orville W. Forté Foundation, we expect the following one-year youth
outcomes:
• 90% remain enrolled in UTEC after 6 months (excluding youth who disenroll due to
incarceration or moving away from service area)
• 80% are not re-arrested or do not violate parole
• 35% pass 1 or more HiSET tests (of 5 tests required for HiSET credential).
9. Evaluation (What are the anticipated outcomes and how will you know if you
are successful?):
For each of our 4 outcome areas (Increased Educational Attainment; Increased
Employability & Financial Health; Ceased Criminal and Gang Activity; and Increased Civic
Engagement) and each individual youth, all data and documentation is tracked in our
agency-wide client database, Efforts to Outcomes (ETO), and overseen by our Director of
Evaluation, Erin Harris M.Ed .
Intermediate and long-term outcomes will be measured through UTEC’s longer-term
assessment tool, completed via follow up phone calls and visits with the youth by his/her
Transitional Coach. This data allows staff to determine not just what youth are attaining
during and after their time at UTEC, but also why. Through an analysis of all youth
outcomes, UTEC can better understand what programs are and are not contributing to
youth gains and then improve programming to increase UTEC’s rates of success with young
people.
10. Other (Use this space to provide any additional information that you feel would
be relevant to this grant request that is not covered in the sections above or
respond to any other questions an individual grant maker may have.):
UTEC seeks out enterprise opportunities that can put small teams to work under limited
supervision. Because we want to employ as many youth as possible, we look for enterprises
that require a relatively high level of labor to operate. Our goal is to have a team of 6-10,
depending on the enterprise, with two staff supervising each team. This allows for lots of
one-on-one attention and conversations over the course of the work day. We also seek out
enterprises that require various skill levels to run. We want to provide a platform for broad
learning, particularly of basic workplace skills like punctuality and consistency. We teach
some trade-specific skills that serve the youth but these tend to be basic skills rather than
in-depth/specialized skills. Given the Forté family’s connection to the textile industry, we
would be very interested in exploring opportunities for integrating the trustees’ input on
product ideas and accessing markets, if appropriate. UTEC’s advisory councils solicit the
expertise of professionals as we expand our social enterprises and integrated services to
more youth, and we welcome the chance to discuss this further.
Budget Information
Use the Budget Form to provide the organizational financial information and the program or
project budget, both income and expenses.
11. Use this section below to indicate what funding you have received from other
foundations, and from which other foundations you plan to seek funding. Describe
any unusual or special circumstances and provide an explanation/justification of
funding request and the amount.
UTEC has received funding from various funders to support our social enterprise expansion.
The top 5 contributors include:
Smith Family Foundation
Aiyana Foundation
$365,880
$100,000
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Amelia Peabody Foundation
Abrams Family Fund
Theodore Edson Parker Foundation
$100,000
$100,000
$75,000
More detailed information about funding is available upon request.
Currently, we have a $3,500 pending request to First Parish Unitarian Church in Concord for
support for the Furniture Making enterprise.
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AGM COMMON PROPOSAL FORM
Workforce Development Program and Agency Budget Summary
Organization Name
Federal ID #
Fiscal Year End
Income Sources
Government Grants/Contracts
Foundation and Corporate Grants
Fundraising / Individual Contrib.
Earned Income
In-Kind Support
Total Income
Expenses
Staff Salaries & Wages
Furniture Design Program Manager
Employee Benefits and Taxes
Total Personnel Costs
Youth Stipends
Program Supplies & Materials
Air compressor @ $400/unit x 2
Jointer @ $600
Portable Belt Sander @ $100/unit x 3
Misc tools
General & Office Expenses
Printing & Mailing
Occupancy
Training & Professional Development
Insurance Expense
Travel Lowell to Lawrence @.56/m x 26m round trip x 4
days/wk x 24 wks
Vehicle Expenses
Professional Fees
IT & Equipment Expenses
Admin/Fiscal Management @ 20% project
Total Non Personnel Costs
Total Expenses
Excess of Revenue Over Expenses
United Teen Equality Center
38-3669532
6/30/2015
OWF
Request
Workforce
Budget
5,000
324,596
499,500
255,442
5,000
833
167
1,000
1,079,538
432,145
35,000
100,673
532,818
225,000
84,000
Agency
Budget
1,484,916
1,297,638
235,000
339,760
30,500
3,387,814
2,076,094
398,252
2,474,346
225,000
179,450
800
600
300
69
5,893
1,700
21,550
3,200
8,427
1,398
833
4,000
5,000
0
9,000
4,920
1,097
2,010
179,923
546,720
1,079,538
-
96,971
25250
92,800
17,600
37,076
55,750
25,458
142,899
15,214
913,468
3,387,814
-
Footnotes:
The equipment above represents a partial list of furniture design program supply needs totaling approximately $17,000. More
detailed information is available upon request.
United Teen Equality Center, Inc
Consolidated Statements of Financial Position
6/30/2013
Assets
Current Assets
Cash and cash equivalents
Accounts receivable
Prepaid Expenses
Current Assets
969,037.65
240,022.80
254,709.79
1,463,770.24
Fixed Assets, Net
Notes Receivable
8,973,139.48
7,709,000.85
Total Assets
18,145,910.57
Liabilities and Net Assets
Current Liabilities
Accounts Payable
Accrued Expenses
Line of Credit
Current Liabilities
130,653.87
84,815.01
422,463.72
637,932.60
Long Term Debt
11,335,978.35
Total Liabilities
11,973,910.95
Net Assets
Unrestricted
Total Net Assets
Total Liabilities and Net Assets
Not Audited. For Management Use Only
6,172,000
6,172,000
18,145,910.57
United Teen Equality Center, Inc
Consolidated Statements of Activities
6/30/2013
Operating Support and Revenue
Grants and Contributions
Contract Revenue
Other Income
Special Events
Interest
Total Support and Revenues
1,301,973
1,397,768
69,619
79,830
1,032
2,850,221
Operating Expenses
Salary and Wages
Occupancy
Program & Fundraising
Other Admin
Total Expense
1,822,681
214,742
283,090
417,270
2,737,784
Change in Net Assets from Operations
112,438
Non-Operating Support and Revneues
Grants and Contributions - Building
Loan Interest
287,065
119,629
Change in Net Assets
519,132
Beginning Net Assets 6/30/12
5,652,868
Ending Net Assets 6/30/13
6,172,000
Not Audited. For Management use only.
ANSTISS
CERTIFIED
PUBLIC
ACCOUNTANTS
United Teen Equality Center, Inc.
Consolidated Financial Statements
June 30, 2012 and 201 1
AUDIT,
TAX &
ADVISORY SERVICES
SINCE
1964
ANSTISS
CERTIFIED
PUBLIC
ACCOUNTANTS
Independent Auditor's Report
To the Board of Directors of
34 Hurd Street
Lowell, MA 01852
We have audited the accompanying consolidated statements of financial position of
United Teen Equality Center, Inc. and its affiliate (the "Organization") as of June 30,
2012 and 2011, and the related consolidated statements of activities, functional expenses,
and cash flows for the years then ended. These consolidated financial statements are the
responsibility of the Organization's management. Our responsibility is to express an
opinion on these consolidated fmancial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the
United States of America. Those standards require that we plan and perfonn the audit to
obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by management, as well as
evaluating the overall fmancial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in
all material respects, the financial position of United Teen Equality Center, Inc. and its
affiliate as of June 30, 2012 and 2011, and the changes in its net assets and its cash flows
for the years then ended in conformity with accounting principles generally accepted in
the United States of America.
In accordance with Government Auditing Standards, we have also issued our report dated
May 14, 2013, on our consideration of United Teen Equality Center, Inc.'s internal
control over financial reporting and on our tests of its compliance with certain provisions
of laws, regulations, contracts, and grant agreements and other matters. The purpose of
that report is to describe the scope of our testing of internal control over financial
reporting and compliance and the results of that testing, and not to provide an opinion on
internal control over financial reporting or on compliance. That report is an integral part
of an audit performed in accordance with Government Auditing Standards and should be
considered in assessing the results of our audit.
AUDIT
TAX
A DVISORY SERVICES
PRINCETON CoRPORATE (ENTRE • 1115 WESTFORD STREET • lOWELL,
P
978 ·452-2500 •
F 978-4s8-o425
•
www.ANsnssCPA.coM
MA 01851
Our audit was conducted for the purpose of forming an opinion on the basic financial
statements. The schedule of expenditures of federal awards is presented for purposes of
additional analysis as required by U.S. Office of Management and Budget Circular A133, Audits of States, Local Governments, and Non-Profit Organizations, and is not a
required part of the basic financial statements. Such information is the responsibility of
management and was derived from and relates directly to the underlying accounting and
other records used to prepare the financial statements. The information has been subjected
to the auditing procedures applied in the audit of the basic financial statements and
certain additional procedures, including comparing and reconciling such information
directly to the underlying accounting and other records used to prepare the financial
statements or to the financial statements themselves, and other additional procedures in
accordance with auditing standards generally accepted in the United States of America. In
our opinion, the information is fairly stated in all material respects in relation to the basic
financial statements as a whole.
Anstiss & Co., P.C.
Lowell, MA
May 14,2013
2
ANSTISS
Consolidated Statements of Financial Position
June 30, 2012 and 2011
2012
Assets
Current assets
Cash and cash equivalents
Certificates of deposit
Accounts receivable
Accounts receivable- building
Prepaid expenses and other
$
1,552,080
2011
$
368,622
539,208
5,633
Total current assets
Property and equipment - net
Note receivable- UTEC Investment Fund, LLC
25,503
2,465,543
8,377,883
7,632,291
Total assets
Liabilities and Net Assets
Current liabilities
Accounts payable
Accrued expenses
Line of credit
Deferred revenue
Total current liabilities
Long-term debt
1,470,174
2,148,582
$
18,475,717
$
3,618,756
$
175,657
157,857
422,464
$
113,239
245,010
149,500
201,063
708,812
755,978
12,066,873
Total liabilities
Net assets
Unrestricted
Temporari ly restricted
Total net assets
$
Total liabilities and net assets
795,593
51 1,541
137,537
12,822,851
708,812
5,323,113
329,75 3
1,789,342
1, 120,602
5,652,866
2,909,944
18,475,717
$
3,618,756
The accompanying notes are an integral part of these consolidated financial statements.
3
For the Year Ended June 30, 2012
Unrestricted
Operating support and revenues
Grants and contributions
Contract revenue
Other income
Special events
In-kind contributions
Interest income
Net assets released from restrictions
$
359,318
1,136,899
27,039
59,344
510,200
63 ,788
1,760,470
Temporarily
Restricted
$
Total
544,621
$
-
-
903,939
1,136,899
27,039
59,344
510,200
63,788
(1 ,760,470)
3,917,058
(1,2 15,849)
2,701,209
1,568,222
441 ,511
123,984
-
-
1,568,222
441 ,511
123,984
2,133,717
-
2, 133,717
Changes in net assets from operations
Non-operating support and revenues
Grants and contributions - building
1,783,341
(1,215,849)
567,492
1,750,430
425,000
2, 175,430
Change in net assets
3,533,771
(790,849)
2,742,922
Net assets- beginning of year
1,789,342
Total support and revenues
Operating expenses
Programs
General and administrative
Fundraising
Total expenses
Net assets- end of year
$
5,323,113
2,909,944
I, 120,602
$
329,753
The accompanying notes are an integral part of these consolidated fi nancial statements.
4
$
5,652,866
For the Year Ended June 30,2011
Unrestricted
Operating support and revenues
Grants and contributions
Contract revenue
Other income
Special events
In-kind contributions
Interest income
Net assets released from restrictions
$
Total support and revenues
$
578,324
-
Net assets- beginning of year
$
771,748
636,201
81 ,479
30,265
22,936
9,093
(699 ,388~
(121,064~
1,551,722
-
1,474,314
367,552
132,388
-
1,974,254
Changes in net assets from operations
Non-operating support and revenues
Grants and contributions - building
$
-
1,474,314
367,552
132,388
Total expenses
Total
-
1,672, 786
Operating expenses
Programs
General and administrative
Fundraising
Net assets- end of year
193,424
636,201
81,479
30,265
22,936
9,093
699,388
Temporarily
Restricted
1,974,254
(301,468)
(121,064)
(422,532)
480,517
185,000
665,517
179,049
63,936
242,985
1,610,293
1,056,666
2,666,959
1,789,342
$
l , 120,602
5
$
2,909,944
Consolidated Statements of Functional Expenses
For the Years Ended June 30,2012 and 2011
Salaries, wages, taxes and benefits
Consultants
Other expenses
Supplies
Depreciation
Occupancy
Interest expense
Total expenses
Salaries, wages, taxes and benefits
Consultants
Other expenses
Supplies
Depreciation
Occupancy
Interest expense
Total expenses
Programs
$
1,245,030
69,547
78,833
60,356
39,770
74,686
$
1,568,222
Programs
$
1,1 15,710
127,323
86,770
44,139
52,084
48,288
$
1,474,314
General and
Administrative
207,183
$
30,262
78,901
20, 155
24,247
2,339
78,424
441,511
$
General and
Ad ministrative
$
190,340
81,9 15
63 ,353
27,177
966
985
2,8 16
367,552
$
Fund raising
109,403
$
3,168
10,648
408
357
2012
Total
$
102,977
168,3 82
80,919
64,374
77,025
78 ,424
-
$
123,984
Fund raising
$
108,573
172
22,950
210
483
$
$
-
$
132,388
The accompanying notes are an integral part of these consol idated financial statements.
6
1,561,616
$
2,133,717
2011
Total
1,414,623
209,4 10
173,073
71,526
53,533
49,273
2,8 16
1,974,254
Consolidated Statements of Cash Flows
June 30, 2012 and 2011
2012
2011
Cash flows from operating activities
Adjustments to reconcile change in net assets to net
cash provided by operating activities
In-kind contribution of property
Depreciation
interest income added to note receivable UTEC Investment Fund, LLC
(Increase) decrease in accounts receivable
Increase in accounts receivable -building
Decrease (increase) in prepaid expenses
Increase (decrease) in accounts payable
(Decrease) increase in accrued expenses
(Decrease) increase in deferred revenue
$
242,985
53,533
(41, 111)
(23 1,085)
(539,208)
19,870
62,418
(87, 153)
(201,063)
157,303
(21 ,337)
(230,391)
155,372
92,483
1,279,764
Cash flows from investing activities
Purchase of certiticates of depos it
Redemption of certiticates of deposit
Loan proceeds to UTEC Investment Fund, LLC
Acquisition of property and equipment
Net cash used by investing activities
Cash flows from financing activities
Proceeds from line of c redit
Payments on line of credit
Proceeds on long-term debt
449,948
(318)
511,859
(7,591, 180)
(5,783,475)
(510,686)
( 12,863,114)
(437, 177)
73,509
272,964
135,000
(35,000)
12,066,873
Net cash provided by financing activities
Supplemental information
Cash paid during the year for
Interest
Income taxes
$
(5 10,200)
64,374
Net cash provided by operating activities
Net Increase in Cash and Cash Equivalents
Cash and Cash Equivalents at Beginning of Year
Cash and Cash Equivalents at End of Year
2,742,922
12,339,837
100,000
$
756,487
795,593
1,552,080
$
112,771
682,822
795,593
$
155,5 62
$
2,816
$
$
7
Notes to the Consolidated Financial Statements
June 30, 2012 and 2011
Note l -Nature of Operations
United Teen Equality Center, Inc. ("UTEC") was established in 1999 to be a "by teens,
for teens" safebaven for youth development and grassroots organizing. UTEC provides a
safe and multicultural place of belonging emphasizing the holistic development of
Lowell's young people, ages 13-20, particularly those most often overlooked and labeled
as "at-risk". UTEC reaches out to these young people through intensive street outreach,
builds upon their unique strengths within a youth development framework, and creates
opportunities to best support them in becoming agents of social change and organizers in
the community.
In order to serve more high-risk youth, UTEC recently completed a fundraising campaign
to renovate their existing 12,500 square foot building, and also build a new 8,000 square
foot building addition. The facility includes resources such as a cafe, multimedia lab,
dance studio, additional classrooms, renovated kitchen, and a multipurpose performance
and conference space. Such added capacity will enable UTEC to expand their workforce
development programming and integrated educational programming. Similarly, UTEC
has expanded staffing capacity to best support the increased numbers served.
Note 2- Summary of Accounting Policies
Basis of Consolidation
The accompanying consolidated financial statements include the accounts of UTEC and
its affiliate, Hurren St., Inc. (collectively the "Organization"), which is controlled by
UTEC.
Inter-organization transactions and balances have been eliminated in
consolidation.
Hurren Street, Inc. was formed to own and develop the building at 34 Hurd Street in
Lowell, MA for the purpose of leasing such property to UTEC.
Basis of Accounti11g
The accompanying consolidated financial statements have been prepared on the accrual
basis of accounting in accordance with generally accepted accounting principles. Under
the accrual method, income and expenses are recognized when earned or accrued. The
costs of providing the various programs and supporting services have been summarized
on a functional basis in the statement of functional expenses. Accordingly, certain costs
have been allocated among the programs and supporting services benefited.
Basis of Presentation
Financial statement presentation follows the recommendations of the Financial
Accounting Standards Board Accounting Standards Codification ("ASC") 958-205,
"Presentation of Financial Statements." Under ASC 958-205, the Organization is
required to report information regarding its financial position and activities according to
three classes of net assets: unrestricted net assets, temporarily restricted net assets, and
permanently restricted net assets. In addition, the Organization is required to present a
statement of cash flows.
8
June 30, 2012 and 2011
Note 2- Summary of Accounting Policies (continued)
Cash and C(lj·fl Equivalents
Cash and cash equivalents consist of cash in the Organization's bank accounts and
certificates of deposit with maturities of three months or less.
Concentration of Credit Risk
The Organization places its cash investments with high quality financial institutions.
Such investments are covered by Federal Deposit Insurance Commission (FDIC)
insurance and by state level insurance for balances in excess of FDIC limits.
Management routinely assesses the financial strength of the institutions in order to
minimize risk. The Organization has not experienced any losses on such accounts and
believes it is not exposed to any significant financial risk on cash.
Fair Value of Financial Instruments
UTEC follows the provisions of ASC 820-10, "Fair Value Meamrements and
Disclosures." ASC 820-10 applies to reported balances that are required or permitted to
be measured at fair value under an existing accounting pronouncement. ASC 820-1 0
emphasizes that fair value is a market-based measurement, not an entity-specific
measurement. Therefore, a fair value measurement should be determined based on the
assumptions that market participants would use in pricing the asset or liability and
establishes a fair value hierarchy. The fair value hierarchy consists of three levels of
inputs that may be used to measure fair value as follows:
Level 1 -Inputs that utilize quoted prices (unadjusted) in active markets for identical
assets or liabilities that the Organization has the ability to access.
Level 2 - Inputs that include quoted prices for similar assets and liabilities in active
markets and inputs that are observable for the asset or liability, either directly or
indirectly, for substantially the fu ll term of financial instrument. Fair values for these
instruments are estimated using pricing models, quoted prices of securities with
similar characteristics, or discounted cash flows.
Level 3 - Inputs that are unobservable inputs for the asset or liability, wh ich are
typically based on an entity's own assumptions, as there is little, if any, related market
activity.
For instances where the determination of the fair value measurement is based on inputs
from different levels of the fair value hierarchy, the level in the fai r value hierarchy
within which the entire fair value measurement falls is based on the lowest level input
that is significant to the fair value measurement in its entirety.
ASC 825-l 0, "Financial Instruments," permits an entity to measure many financial
instruments and certain other assets and liabilities at fair value on an instrument-byinstrument basis.
9
June 30, 2012 and 2011
Accounts Receivable
Revenue is accounted for at established rates on the accrual basis, less allowances for
contractual, charitable and other arrangements for services provided at less than
established rates. The Organ ization's policy is to not accrue interest on trade receivables.
the Organization records its accounts receivable at the outstanding principal amount less
an allowance for doubtful accounts. On a periodic basis, the Organization evaluates its
accounts receivable and establishes an allowance for doubtful accounts based on the
history of past write-offs, collections and current credit conditions. As of June 30, 2012
and 20 II, there was no allowance for doubtful accounts.
Property and Equipment
The Organization capitalizes major purchases of fixed assets, which are not in the nature
of replacements or repairs. Minor equipment purchases, replacements, maintenance, and
repairs are charged to expense as incurred.
Capitalized assets are recorded at cost if purchased or constructed, or at fair market value
at the date of the gift, if donated. Depreciation is provided using the straight-line method
over the estimated useful lives of the assets capitalized.
Classification of Net Assets
Net assets, revenues, expenses, gains, and losses are classified based on the existence or
absence of donor-imposed restrictions. Accordingly, net assets of the Organization and
changes therein are classified and reported as follows:
Unrestricted Net Assets
Unrestricted net assets consist of net assets that are not subject to donor-imposed
stipulations.
Temporarily Restricted Net Assets
Temporarily restricted net assets consist of net assets subject to donor imposed
stipulations that may or will be met, either by actions of the Organization and/or
the passage of time. When a restriction expires, temporarily restricted net assets
are reclassified to unrestricted net assets and reported in the statement of activities
as net assets released from restrictions.
Permanently Restricted Net Assets
Permanently restricted net assets consist of net assets subject to donor-imposed
stipulations that they be maintained permanently by the Organization. Generally,
the donors of these assets permit the Organization to use all or part of the income
earned on any related investments for general or specific purposes. As of June 30,
2012, the Organization had no permanently restricted net assets.
10
June 30,2012 and 2011
Revenue Recognition
The Organization follows ASC 958-605, "Revenue Recognition." In accordance with
ASC 958-605, contri butions are recorded as unrestricted, temporarily restricted, or
permanently restricted support depending on the existence and/or nature of any donor
restrictions.
Gains and losses on investments and other assets or liabilities are reported as increases or
decreases in unrestricted net assets unless their use is restricted by explicit donor
stipulation or by law. Expirations of temporary restrictions on net assets by fulfillment of
the donor-stipulated purpose or by passage of the stipulated time period are reported as
reclassifications between the applicable classes of net assets.
In-Kind Donations
The Organization received in-kind services from two organizations which provided
educational and maintenance staff. The estimated fair values have been recorded as inkind contributions and an equal amount has been recorded as expenses. During the year
ended June 30, 2011, the amounts recorded for in-kind services were $22,936. No inkind services were received during the year ended June 30, 2012.
Additionally, the Organization receives services from volunteers in various aspects of its
operations. None of these services were recognized as revenue in accordance with ASC
958-605, "Revenue Recognition."
Expense Allocation
Expenses are allocated among program and supporting services directly based or based on
time records and utilization estimates made by management. Management and General
expense includes those expenses that are not directly identifiable with any other specific
function, but provide for overall support and direction of the Organization.
Income Taxes and Uncertain Tax Positions
UTEC and Hurren St., Inc. have been granted tax-exempt status under Internal Revenue
Code Section 50l(c)(3) and are, therefore, generally exempt from fed eral and state
income taxes. Accordingly, no provis ion for income taxes has been provided for in the
accompanying financial statements.
ASC 740-10, "Income Taxes" requires the Organization to evaluate and disclose tax
positions that could have an effect on the Organization's financial statements. The
Organization reports its activities to the Internal Revenue Service and to the
Commonwealth of Massachusetts on an annual basis. These informational returns arc
generally subject to audit and review by the governmental agencies for a period of three
years after filing. Substantially all of the Organization' s income, expenditures and
activities relate to its exempt purpose, therefore, management has determined that the
Organization is not subject to unrelated business income taxes and will continue to
qualify as tax-exempt not-for-profit entities.
11
June 30, 2012 and 2011
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting
principles requires management to make estimates and assumptions that affect the
reported amount of assets and liabilities and disclosure of contingent assets and liabi lities
at the date of the financial statements and the reported amounts of revenues and expenses
during the reporting period. Actual results could differ from those estimates.
Reclassijiclltions
During 20 12 certain amounts from the prior year financial statements were reclassified to
conform to the current year's presentation.
Note 3- Property and Equipment
Fixed assets consisted of the following as of June 30, 20 12 and 2011:
Land
Building and improvements
Equipment
Furniture and fixtures
Vehicles
Construction in progress
Total fixed assets
Less: accumulated depreciation
Total property and equipment- net
2012
$ 189,074
680,076
196,338
24,514
48,238
7,486,990
8,625,230
{247,347}
$ 8,377,883
2011
$ 189,074
1,003,362
176,622
24,514
48,238
998,489
2,440,299
{291,717}
$2,148,582
Depreciation expense relating to property and equipment for the years ended June 30,
2012 and 201 1 was $64,3 74 and $53,533, respectively.
Note 4- Note Receivable- UTEC Investment Fund, LLC
The Organization has a note receivable from UTEC Investment Fund, LLC, an unrelated
entity, in the original principal amount of $7,591,180, with an annual interest rate of
1.60%. Payments due under the note receivable are as follows:
Beginning January 2012 through October 2018, quarterly payments of accrued
interest on the outstanding principal balance will be due at an interest rate of .50%,
with all accrued interest not payable added to the outstanding principal balance.
Beginning January 2019 through maturity in October 2051, quarterly payments of
principal and interest will be due in the amount of$320,216.
As of June 30, 20 12, accrued interest in the amount of $4 1, Ill has been added to the
balance of the note receivable.
12
June 30, 2012 and 2011
Note S - Line of Credit
The Organization has a $450,000 line of credit at TD Banknorth. The interest rate
applied to the outstanding principal balance is 2.0% above the prime rate (5.25% at June
30, 20 12 and 2011 ). The line is collateralized by substantially all ofthe Organization's
assets. As of June 30, 2012 and 2011, the outstanding balance on the line was $422,464
and $ 149,500, respectively.
Note 6- Notes Payable
2012
Notes payable to AI Wainwright CommuniFund F,
LLC in the original principal amounts of
$6,9 16,180, $2,496,820, $425,000, and $250,000.
The notes provide for quarterly payments of accrued
interest, an interest rate of 1.03%, and mature in
October 2051.
The notes are secured by the
property and other assets of the Organization.
$ 10,088,000
Note payable to Eastern Bank in the original
principal amount of up to $2,864,032. The note
provides for monthly payments of accrued interest
and matures in October 2013. Interest is calculated
utilizing the two year Classic Advance Rate plus
275 basis points w ith a floor of3.5% (3.56% at June
30, 20 12). The note is secured by the property and
other assets of the Organization.
1,303,873
Note payable to Massachusetts Development
Finance Agency in the original amount of $425,000.
The note provides for monthly payments of accrued
interest, an interest rate of 2.00%, and matures in
October 20 17. The note is secured by the property
and other assets of the Organization.
425,000
Note payable to Lowell Development and Financial
Corporation in the original amount of $250,000.
The note provides for monthly payments of accrued
interest, an interest rate of 3.00%, and matures in
October 2018. The note is secured by the property
and other assets of the Organization.
13
250,000
$ 12,066,873
2011
$
__...$_
_
_
_
June 30, 2012 and 2011
Note 6- Notes Payable (continued)
The future minimum payments on notes payable at June 30 are as follows:
201 3
201 4
2015
2016
2017
Thereafter
$
Total
$ 12,066,873
1,303,873
10,763,000
In connection with Hurren St., Inc.'s note agreements with AI Wainwright CommuniFund
F, LLC, UTEC entered into a put and call agreement with U.S. Bancorp Community
Development Corporation, who is the sole member of UTEC Investment Fund, LLC, who
has made a qualified equity investment in AI Wainwright CommuniFund F, LLC.
Under the terms of the agreement, UTEC (the "Purchaser") granted U.S. 13ancorp
Community Development Corporation (the "Investor") the option (to "Put") to sell the
their interest in UTEC Investment Fund, LLC to UTEC at any time during the period
beginning at the end of the Tax Credit Investment Period and ending six months after the
investor receives notice from the Purchaser (after the end of the Tax Credit Investment
Period) that the Investor may exercise its option (the "Put Option Period"). If, at any time
during the Put Option Period, the Investor elects to sell its interest, it shall give the
Purchaser notice of such election (an '~Election Notice"). Within thirty days after delivery
to the Purchaser of an Election Notice from the Investor, the Purchaser or its assignee
shall pay to the Investor a purchase price in an amount equal to $ 1,000.
In the event that the Investor does not deliver an Election Notice to the Purchaser during
the Put Option Period, the Purchaser shall have the right and option (the "Call"), at any
time during the six month period following the Put Option Period (the "Call Option
Period") to purchase the interest in UTEC Investment Fund, LLC for an amount (the
"Call Price") equal to the fair market value of the interest, as determined by mutual
agreement among the parties, or if there is no such agreement, then by a qualified
independent appraiser.
Once UTEC obtains U.S. Bancorp Community Development Corporation's interest in
UTEC Investment Fund, LLC, UTEC will be in a position to forgive the debt that is owed
by Hurren St., Inc.
14
June 30, 2012 and 2011
Note 7- Temporarily Restricted Net Assets
Temporarily restricted net assets are available for the following purposes:
2012
$ 329,753
To support UTEC 's youth programming
To renovate UTEC's building
2011
$ 111,304
1,009.298
Total temporarily restricted net assets
$
329,753
$ 1,120,602
Note 8 - Contract Revenue
The Organization receives funding from various contracts to assist in administrating its
programs. These contracts are subject to possible audit by the appropriate agencies. In
the opinion of management, the results of such audits, if any, will not have a material
effect on the financial position of the Organization as of June 30, 2012 or on the change
in its net assets for the year then ended.
Note 9 - In-kind Contributions
During the year ended June 30, 20 12, the Organization purchased a building located on
Central Street in Lowell, Massachusetts. The difference between the fair market value
and purchase price in the amount of $510,200 has been recognized as an in-kind
contribution and an equal amount has been capitalized as property. There were no inkind contributions related to the purchase of property during the year ended June 30,
2011.
Note 10- Retirement Plan
The Organization maintains a qualified retirement plan under Internal Revenue Code
Section 401 (k) covering all employees meeting certain eligibility requirements. The plan
allows for employees to contribute pre-tax income, as defined and limited by the Internal
Revenue Code. The Organization may make discretionary contributions to the Plan as
determined by the Board of Directors. No discretionary contributions were made in 2012
and 201 t.
15
June 30, 2012 and 2011
Note 11 -Interest Expense
The Organization follows the policy of capitalizing interest as a component of the cost of
property and equipment constructed for its own use. Total interest incurred and charged
to operations was $78,424 and $2,816 during the years ended June 30, 2012 and 20 II ,
respectively. Total interest capitalized during the year ended June 30, 201 2 was $77, 138.
No interest was capitalized during the year ended June 30, 20 I I.
Note 12- Related Party Transactions
During the years ended June 30, 20 I2 and 2011, the Organization paid $943 and $51 2,
respectively to a law firm where one of the members of the Board of Directors is a partner
for legal services provided to the Organization. In addition, the Organization maintained
a certificate of deposit with Enterprise Bank, which employs a member of the
Organization's Board ofDirectors.
Note 13- Subsequent Events
ASC 855-10, "Subsequent Events," defines further disclosure requirements for events that
occur after the statement of financial position date but before fin ancial statements are
available to be issued. ln accordance with ASC 855-10, the Organization's management
has evaluated events subsequent from June 30, 2012 through May 14, 2013 , which is the
date the financial statements were available to be issued. There has been no material
event noted during this period that would either impact the results reflected in this report
or the Organization's results going forward.
16
Executive Board of Directors
Updated October 2013
David Brown (M), Treasurer
Commercial Lending Officer
Enterprise Bank and Community Trust
Term ends: July 2014
Residence: Westford, MA
Richard Cavanaugh (M), President
Founding Partner
Gallagher and Cavanaugh, LLP
Residence: Lowell, MA
Luis Garay (M)
Community Representative / Youth Client
Residence: Lowell, MA**
Jim Geraghty (M)
Executive Director
Morgan Stanley Private Wealth Management
Residence: Westford, MA
Belinda Juran (F), Vice President
Partner
WilmerHale
Kenneth Lavallee (M)
Security Specialist and Bank Officer
Enterprise Bank and Trust Company
Former Chief of Lowell Police Department
Residence: Chelmsford, MA
Kathy Muldoon (F)
Homelessness Programs
Community Teamwork, Inc.
Chirayu Patel (M)
Financial Analyst
Raytheon Company
Susan Smith (F), Clerk/Secretary
Student Support Services
Lowell High School
Megan Phillips (F)
Community Representative/Youth Client
** Denotes residence in designated low/moderate neighborhoods. (M or F denotes Male or Female)
UTEC staff list available online at http://www.utec-lowell.org/contact/staff
~~<ii\\
.;/t!b"JJ/
IRS
or
D<.:pd i llli<.: i ll
the T rcasmy
lnlcrna l 1\t•\'<'IIIJc SN\'kt•
P.O. Box 2508
Cincinnati
OH
In reply refer to:
0248248320
Aug. 12, 2008
LTR 4168C
EO
38-3669532
000000 00 000
00015265
BODC: TE
45201
UNITED TEEN EQUALITY CENTER
% GREGG CROTEAU
34 HURD ST
LOWELL
MA
01852-2206347
0002 7 3
Employer Identification Number:
Person to Contact:
Toll Free Telephone Number:
38-3669532
Ms. Mills
1-877-829-5500
Dear Ta x payer:
This is in response to your request of Aug.
tax-exempt status.
01,
2008,
regarding your
Our records indicate that a determination letter was issued in
September 2003, that re cogn ized you as exempt from Federal income tax,
and discloses that you are currently exempt under section 501Cc)(3)
of the Internal Revenue Code.
Our records also indicate you are not a private foundation within the
meaning of section 509(a) of the Code because you are described in
section 509(a) (2).
Donors may deduct contributions to you as provided in section 170 of
the Code. Bequests, legacies, devises, transfer s, or gifts to you or
for your use are deductible for Federal estate and gift tax purposes
if they meet the applicable provisions of sections 2055, 2106, and
2522 of the Code.
If you have any questions, please cal l
shown in the heading of this letter.
us at the telephone number
Sincerely yours,
Michele M. Sullivan, Oper. Mgr.
Accounts Management Operations I
INTERNAL REVENUE SERVICE
P. 0. BOX 2508
CINCINNATI, OH 45201
Date:
SEP 1 G 2003
UNITED TEEN EQUALITY CENTER
10 KIRK ST
LOWELL, MA 01850-1005
DEPARTMENT OF THE TREASURY
Employer Identification Number:
38-3669532
DLN:
17053071016023
Contact Person:
GAYLE MADAMS
ID# 95073
Contact Telephone Number:
(877) 829-5500
Accounting Period Ending:
June 30
Foundation Status Classification:
IRC 170 (b) (1) (A) (vi)
Advance Ruling Period Begins:
February 27. 2003
Advance Ruling Period Ends:
June 30, 2007
Addendum Applies:
No
Dear Applicant:
Based on information you supplied, and assuming your operations will be as
stated in your application for recognition of exemption, we have determined you
are exempt from federal income tax under section 501(a) of the Internal Revenue
Code as an organization described in section 501(c) (3).
Because you are a newly created organization, we are not now making a
final determination of your foundation status under section 509{a) of the Code.
However, we have determined that you can reasonably expect to be a publicly
supported organization described in sections 509(a) (1) and 170(b) (1) (A) (vi).
Accordingly, during an advance ruling period you will be treated as a
publicly supported organization, and not as a private foundation.
This advance
ruling period begins and ends on the dates shown above.
Within 90 days after the end of your advance ruling period, you must
send us the information needed to determine whether you have met the requirements of the applicable support test during the advance ruling period.
If you
establish that you have been a publicly supported organization, we will classify you as a section 509(a) (1) or 509{a) {2) organization as long as you continue
to meet the requirements of the applicable support test.
If you do not meet
the public support requirements during the advance ruling period, we will
classify you as a private foundation for future periods. Also, if we classify
you as a private foundation, we will treat you as a private foundation from
your beginning date for purposes of section 507(d) and 4940.
Grantors and contributors may rely on our determination that you are not a
private foundation until 90 days after the end of your advance ruling period.
If you send us the required information within the 90 days, grantors and
contributors may continue to rely on the advance determination until we make
Letter 1045 (DO/CG)
-2UNITED TEEN EQUALITY CENTER
a final determination of your foundation status.
If we publish a notice in the Internal Revenue Bulletin stating that we
will no longer treat you as a publicly supported organization, grantors and
contributors may not rely on this determination after the date we publish the
notice.
In addition, if you lose your status as a publicly supported organization, and a grantor or contributor was responsible for, or was aware of, the
act or failure to act, that resulted in your loss of such status, that person
may not rely on this determination from the date of the act or failure to act.
Also, if a grantor or contributor learned that we had given notice that you
would be removed from classification as a publicly supported organization, then
that person may not rely on this determination as of the date he or she
acquired such knowledge.
If you change your sources of support, your purposes, character, or method
of operation, please let us know so we can consider the effect of the change on
your exempt status and foundation status.
If you amend your organizational
document or bylaws, please send us a copy of the amended document or bylaws.
Also, let us know all changes in your name or address.
As of January 1, 1984, you are liable for social security taxes under
the Federal Insurance Contributions Act on amounts of $100 or more you pay to
each of your employees during a calendar year. You are not liable for the tax
imposed under the Federal Unemployment Tax Act (FUTA) .
Organizations that are not private foundations are not subject to the private foundation excise taxes under Chapter 42 of the Internal Revenue Code.
However, you are not automatically exempt from other federal excise taxes.
If
you have any questions about excise, employment, or other federal taxes, please
let us know.
Donors may deduct contributions to you as provided in section 170 of the
Internal Revenue Code.
Bequests, legacies, devises, transfers, or gifts to you
or for your use are deductible for Federal estate and gift tax purposes if they
meet the applicable provisions of sections 2055, 2106, and 2522 of the Code.
Donors may deduct contributions to you only to the extent that their
contributions are gifts, with no consideration received.
Ticket purchases and
similar payments in conjunction with fundraising events may not necessarily
qualify as deductible contributions, depending on the circumstances.
Revenue
Ruling 67-246, published in Cumulative Bulletin 1967-2, on page 104, gives
guidelines regarding when taxpayers may deduct payments for admission to, or
other participation in, fundraising activities for charity.
You are not required to file Form 990, Return of Organization Exempt From
Income Tax, if your gross receipts each year are normally $25,000 or less.
If
you receive a Form 990 package in the mail, simply attach the label provided,
check the box in the heading to indicate that your annual gross receipts are
normally $25,000 or less, and sign the return. Because you will be treated as
a public charity for return filing purposes during your entire advance ruling
period, you should file Form 990 for each year in your advance ruling period
Letter 1045 (DO/CG)
-4UNITED TEEN EQUALITY CENTER
If you have any questions, please contact the person whose name and
telephone number are shown in the heading of this letter.
Sincerely yours,
'~*~'
a
,~
et~'
Lois G. Lerner
Director, Exempt Organizations
Rulings and Agreements
Letter 1045 (DO/CG)

UTEC - Orville W. Forté Charitable Foundation

Transcription

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