Civic Intelligence

Absolute Return for Kids Us Inc

EIN 13-4147912 • 501(c)3 • Syosset, NY

Profile

Ark us supports arks international programs, subject to the approval of ark us board of directors, while also exploring new programming ventures in the americas.

16 Ryan StreetSyosset, NY 11791

www.us.arkonline.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.89x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

49th percentile

0.9%

Higher net margin than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

601%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

-22%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$124,188

Up $106,484 (+601%) from 2020

Liabilities

Up

$110,500

Up $105,500 (+2110%) from 2020

Net Assets

Up

$13,688

Up $984 (+7.7%) from 2020

Revenue

Down

$110,002

Down $30,616 (-22%) from 2020

Expenses

Down

$109,018

Down $114,919 (-51%) from 2020

Net Income

Up

$984

Up $84,303 (+101%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,786,804Liabilities 2011: $114,423Net Assets 2011: $1,672,3812011Assets 2012: $582,661Liabilities 2012: $42,218Net Assets 2012: $540,4432012Assets 2013: $601,447Liabilities 2013: $334,902Net Assets 2013: $266,5452013Assets 2014: $276,502Liabilities 2014: $10,000Net Assets 2014: $266,5022014Assets 2015: $357,618Liabilities 2015: $16,515Net Assets 2015: $341,1032015Assets 2016: $172,287Liabilities 2016: $13,904Net Assets 2016: $158,3832016Assets 2017: $524,178Liabilities 2017: $17,439Net Assets 2017: $506,7392017Assets 2018: $725,401Liabilities 2018: $592,030Net Assets 2018: $133,3712018Assets 2019: $104,048Liabilities 2019: $8,025Net Assets 2019: $96,0232019Assets 2020: $17,704Liabilities 2020: $5,000Net Assets 2020: $12,7042020Assets 2021: $124,188Liabilities 2021: $110,500Net Assets 2021: $13,6882021

Highlighted filing

2021

Assets$124,188
Liabilities$110,500
Net Assets$13,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,440,9922011Revenue 2012: $2,578,909Expenses 2012: $3,710,847Net Income 2012: -$1,131,9382012Expenses 2013: $765,8572013Revenue 2014: $898,705Expenses 2014: $898,748Net Income 2014: -$432014Revenue 2015: $1,751,322Expenses 2015: $1,676,721Net Income 2015: $74,6012015Revenue 2016: $1,036,554Expenses 2016: $1,219,274Net Income 2016: -$182,7202016Revenue 2017: $1,778,884Expenses 2017: $1,430,528Net Income 2017: $348,3562017Revenue 2018: $636,877Expenses 2018: $1,010,245Net Income 2018: -$373,3682018Revenue 2019: $259,497Expenses 2019: $296,845Net Income 2019: -$37,3482019Revenue 2020: $140,618Expenses 2020: $223,937Net Income 2020: -$83,3192020Revenue 2021: $110,002Expenses 2021: $109,018Net Income 2021: $9842021

Highlighted filing

2021

Revenue$110,002
Expenses$109,018
Net Income$984

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jan 18, 2022
Return Version
2020v4.0
Gross Receipts
$110,002
Mission and Program Overview

Mission

Ark us supports arks international programs, subject to the approval of ark us board of directors, while also exploring new programming ventures in the americas.

Absolute return for kids us, inc.(ark us) supports absolute return for kids (ark), whose purpose is to transform children's lives through health, education and child protection programs, by building awareness and cultivating individual donors and institutional partners in the u.s. And by developing u.s.-based ark programs. A registered public charity based in new york, ark us offers donors the opportunity to make social investments in arks innovative programs for vulnerable children worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$16,191$123,383▲ $107,192
Prepaid Expenses and Deferred Charges$1,513$805▼ $708
Total Assets$17,704$124,188▲ $106,484
Liabilities
Grants Payable-$100,000-
Accounts Payable and Accrued Expenses$5,000$10,500▲ $5,500
Total Liabilities$5,000$110,500▲ $105,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,704$13,688▲ $984
Total Net Assets Fund Balance$12,704$13,688▲ $984
Total Liabilities and Net Assets / Fund Balance$17,704$124,188▲ $106,484
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$110,000
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$110,000
Change in Net Assets
$984

Audited Revenue Reconciliation

Revenue per Audited Statements
$110,002
Total Revenue per Audited Statements
$110,002
Total Revenue per Form 990
$110,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,000
Other Expenses$9,018
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$100,000--$100,000
Fees for Services Other-$6,000-$6,000
Fees for Services Accounting-$2,500-$2,500
Insurance-$493-$493
Other Expenses-$25-$25
Total Functional Expenses$100,000$9,018$0$109,018

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$109,018
Total Expenses per Audited Statements$109,018
Total Expenses per Form 990$109,018
International Activity

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The organization circulates a draft copy, in electronic form, of the 990 to the board of directors, providing reasonable time to its members to review and respond before the tax return is filed. Subsequently after the completion of the review, the chair reviews the final draft and then the tax return is filed.

Form 990, Page 6, Part VI, Line 12C

Absolute return for kids us, inc. (ark us) has designated responsibility for monitoring conflicts of interest to an officer of the organization. If upon screening a conflict of interest is identified, ark us makes every effort to ensure it is dealt with swiftly and thoughtfully with review from all relevant parties and legal counsel. If a conflict exists, that person will be recused from participating.

Form 990, Page 6, Part VI, Line 19

Organization retains a hard copy of documents at office in new york, and information is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Absolute Return for Kids US Inc
EIN
13-4147912
Phone
2124179404
Address
16 RYAN STREET, SYOSSET, NY 11791

Signing Officer

Name
Gary Yannazzo
Title
Chairman
Phone
2124179404
Signed
2022-01-18

Organization Details

Principal Officer
Gary Yannazzo
Formed
2001
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
A Gary Aaronson CPA Pllc
Address
42 WEST 38TH STREET SUITE 1003, NEW YORK, NY 10018-0060
Preparer
A Gary Aaronson
Phone
2126845770
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Absolute return for kids us, inc.(ark us) supports absolute return for kids (ark), whose purpose is to make sure that all children, regardless of their background, have access to a great education. It focuses on three areas: uk education; international education; and education ventures. Uk education: ark is the parent organization of ark schools, one of the uk's top-performing academy networks - with 38 schools and nearly 26,000 pupils the goal is that every child at an ark school has access to the education and skills they need to succeed after school, whether at university and or in the career of their choice. International education: internationally, ark works in partnership to make a difference and spread expertise through initiatives that improve education systems across the world. Our international venture, education partnerships group, is working to bring governments and education organisations closer together to create better schools. In india and uganda. This involves implementing new ways of tracking and improving school quality and student performance. In kenya and south africa. This includes developing low-cost school information systems to support student progress through better use of data. Education ventures: ark incubates, launches and scales innovative ventures which aim to address long-standing educational issues.

Raw XML Appendix309 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010500
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ABSOLUTE RETURN FOR KIDS US, INC.(ARK US) SUPPORTS ABSOLUTE RETURN FOR KIDS (ARK), WHOSE PURPOSE IS TO TRANSFORM CHILDREN'S LIVES THROUGH HEALTH, EDUCATION AND CHILD PROTECTION PROGRAMS, BY BUILDING AWARENESS AND CULTIVATING INDIVIDUAL DONORS AND INSTITUTIONAL PARTNERS IN THE U.S. AND BY DEVELOPING U.S.-BASED ARK PROGRAMS. A REGISTERED PUBLIC CHARITY BASED IN NEW YORK, ARK US OFFERS DONORS THE OPPORTUNITY TO MAKE SOCIAL INVESTMENTS IN ARKS INNOVATIVE PROGRAMS FOR VULNERABLE CHILDREN WORLDWIDE.
IRS990/AllOtherContributionsAmt0110000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DIGANT BAHL
IRS990/BooksInCareOfDetail/PhoneNum02124179405
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt016 RYAN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SYOSSET
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011791
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0110000
IRS990/CYGrantsAndSimilarPaidAmt0100000
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt09018
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0984
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0109018
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0110002
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ABSOLUTE RETURN FOR KIDS US, INC.(ARK US) SUPPORTS ABSOLUTE RETURN FOR KIDS (ARK), WHOSE PURPOSE IS TO MAKE SURE THAT ALL CHILDREN, REGARDLESS OF THEIR BACKGROUND, HAVE ACCESS TO A GREAT EDUCATION. IT FOCUSES ON THREE AREAS: UK EDUCATION; INTERNATIONAL EDUCATION; AND EDUCATION VENTURES. UK EDUCATION: ARK IS THE PARENT ORGANIZATION OF ARK SCHOOLS, ONE OF THE UK'S TOP-PERFORMING ACADEMY NETWORKS - WITH 38 SCHOOLS AND NEARLY 26,000 PUPILS THE GOAL IS THAT EVERY CHILD AT AN ARK SCHOOL HAS ACCESS TO THE EDUCATION AND SKILLS THEY NEED TO SUCCEED AFTER SCHOOL, WHETHER AT UNIVERSITY AND OR IN THE CAREER OF THEIR CHOICE. INTERNATIONAL EDUCATION: INTERNATIONALLY, ARK WORKS IN PARTNERSHIP TO MAKE A DIFFERENCE AND SPREAD EXPERTISE THROUGH INITIATIVES THAT IMPROVE EDUCATION SYSTEMS ACROSS THE WORLD. OUR INTERNATIONAL VENTURE, EDUCATION PARTNERSHIPS GROUP, IS WORKING TO BRING GOVERNMENTS AND EDUCATION ORGANISATIONS CLOSER TOGETHER TO CREATE BETTER SCHOOLS. IN INDIA AND UGANDA. THIS INVOLVES IMPLEMENTING NEW WAYS OF TRACKING AND IMPROVING SCHOOL QUALITY AND STUDENT PERFORMANCE. IN KENYA AND SOUTH AFRICA. THIS INCLUDES DEVELOPING LOW-COST SCHOOL INFORMATION SYSTEMS TO SUPPORT STUDENT PROGRESS THROUGH BETTER USE OF DATA. EDUCATION VENTURES: ARK INCUBATES, LAUNCHES AND SCALES INNOVATIVE VENTURES WHICH AIM TO ADDRESS LONG-STANDING EDUCATIONAL ISSUES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0100000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02500
IRS990/FeesForServicesAccountingGrp/TotalAmt02500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06000
IRS990/FeesForServicesOtherGrp/TotalAmt06000
IRS990/ForeignActivitiesInd0true
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt0100000
IRS990/ForeignGrantsGrp/TotalAmt0100000
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY YANNAZZO
IRS990/Form990PartVIISectionAGrp/PersonNm1ANTHONY CHEN
IRS990/Form990PartVIISectionAGrp/PersonNm2JACQUELINE RUSSELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0100000
IRS990/GrantsPayableGrp/EOYAmt0100000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0110002
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0493
IRS990/InsuranceGrp/TotalAmt0493
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ARK US SUPPORTS ARKS INTERNATIONAL PROGRAMS, SUBJECT TO THE APPROVAL OF ARK US BOARD OF DIRECTORS, WHILE ALSO EXPLORING NEW PROGRAMMING VENTURES IN THE AMERICAS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt012704
IRS990/NetAssetsOrFundBalancesEOYAmt013688
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012704
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013688
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025
IRS990/OtherExpensesGrp/TotalAmt025
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01513
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0805
IRS990/PrincipalOfficerNm0GARY YANNAZZO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0140610
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0209000
IRS990/PYInvestmentIncomeAmt08
IRS990/PYOtherExpensesAmt014937
IRS990/PYRevenuesLessExpensesAmt0-83319
IRS990/PYTotalExpensesAmt0223937
IRS990/PYTotalRevenueAmt0140618
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0984
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016191
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0123383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0110000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0259480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0636849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01778839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02925778
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0100
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39880
IRS990ScheduleA/PublicSupportPY170Pct00.42560
IRS990ScheduleA/PublicSupportTotal170Amt01166902
IRS990ScheduleA/SubstantialContributorsTotAmt01758876
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0110000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0259480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0636849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01778839
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02925778
IRS990ScheduleA/TotalSupportAmt02925878
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0109018
IRS990ScheduleD/RevenueSubtotalAmt0110002
IRS990ScheduleD/TotalExpensesPerForm990Amt0109018
IRS990ScheduleD/TotalRevenuePerForm990Amt0110002
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0110002
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0109018
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SUPPORT OF FUNDRAISI
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 2: FUNDS ARE ONLY GRANTED WHEN THE TERMS AND CONDITIONS OF THE GRANT HAVE BEEN ACCEPTED. THE KEY TERMS AND CONDITIONS OF THE GRANT WHICH ENABLE THE ORGANIZATION TO MONITOR USE OF FUNDS OUTSIDE THE US ARE AS FOLLOWS: - THE GRANTEE WILL MAINTAIN RECORDS OF RECEIPTS AND DISBURSEMENTS RELATED TO THE USE OF THE GRANT AND WILL MAKE SUCH RECORDS AVAILABLE FOR INSPECTION, UPON REQUEST, BY ABSOLUTE RETURN FOR KIDS US, INC. - THE GRANTEE WILL NOTIFY ABSOLUTE RETURN FOR KIDS US, INC. IMMEDIATELY OF ANY SIGNIFICANT ORGANIZATIONAL CHANGES DURING THE TERM OF THE GRANT, INCLUDING CHANGES IN CHARITABLE STATUS. - THE GRANTEE WILL PERMIT ABSOLUTE RETURN FOR KIDS US, INC. TO REVIEW THE ACTIVITIES OF THE GRANTEE AND WILL PERMIT ABSOLUTE RETURN FOR KIDS US, INC. TO CONDUCT AN INDEPENDENT FINANCIAL AND/OR PROGRAMMATIC AUDIT OF THE EXPENDITURE OF THIS GRANT IF SO REQUIRED. THE GRANTEE AGREES TO SUBMIT SIGNED GRANT EVALUATION REPORTS TO ABSOLUTE RETURN FOR KIDS US, INC. USING AN AGREED FORMAT AND WITHIN AN AGREED TIME FRAME AS FOLLOWS: - THE FIRST REPORT WITHIN ONE YEAR OF RECEIPT OF THE FIRST INSTALLMENT OF THIS GRANT. - SUBSEQUENT REPORTS ARE DUE WITHIN ONE YEAR OF THE FIRST REPORT FOR ALL YEARS WHERE ADDITIONAL GRANT INSTALLMENTS ARE PAID. THE GRANT EVALUATION REPORT ASKS FOR DETAILS FOR THE PROJECT FOR WHICH THE GRANT WAS REQUESTED AND THE USE WITHIN THAT PROJECT TO WHICH THE FUNDS WERE PUT IN ADDITION TO DETAILS OF THE RESULTS ACHIEVED IT ALSO ASKS FOR CONFIRMATION THAT: - THE FUNDS WERE USED EXCLUSIVELY FOR EXEMPT PURPOSES AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED. - NO PORTION OF THIS GRANT WAS USED IN CARRYING OUT PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. - NO PORTION OF THE FUNDS GRANTED WERE USED TO PARTICIPATE IN ANY POLITICAL CAMPAIGN ON BEHALF OF, OR IN OPPOSITION TO, ANY CANDIDATE FOR PUBLIC OFFICE. - NO PORTION OF THE FUNDS WERE USED TO MAKE GRANTS TO INDIVIDUALS ON A NON-OBJECTIVE BASIS. - NO PORTION OF THE FUNDS WERE USED TO MAKE GRANTS FOR ANY NON-CHARITABLE OR NONEDUCATIONAL PURPOSE. - THE WHOLE OF THE GRANT WAS USED EXCLUSIVELY FOR CHARITABLE PURPOSES AND THERE IS NO BALANCE TO REPAY. - RECORDS OF RECEIPTS AND DISBURSEMENTS RELATED TO THE USE OF THE GRANT HAVE BEEN MADE AND ARE AVAILABLE UPON REQUEST. - THERE WERE NO SIGNIFICANT ORGANIZATIONAL CHANGES WITHIN DURING THE TERM OF THE GRANT,INCLUDING CHANGES IN CHARITABLE STATUS. - THE ACTIVITIES ARE AVAILABLE FOR REVIEW BY ABSOLUTE RETURN FOR KIDS US INC. - ABSOLUTE RETURN FOR KIDS US, INC. MAY CONDUCT AN INDEPENDENT FINANCIAL AND/OR PROGRAMMATIC AUDIT OF THE EXPENDITURE OF THIS GRANT IF THEY SO DESIRE. PART II, COLUMN (C) REGION: EUROPE COLUNM (D)PURPOSE OF GRANT: SUPPORT OF FUNDRAISING EVENT, RELIEF OF POVERTY, ASSISTANCE OF SICK CHILDREN AND EDUCATION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ABSOLUTE RETURN FOR KIDS US, INC.(ARK US) SUPPORTS ABSOLUTE RETURN FOR KIDS (ARK), WHOSE PURPOSE IS TO MAKE SURE THAT ALL CHILDREN, REGARDLESS OF THEIR BACKGROUND, HAVE ACCESS TO A GREAT EDUCATION. IT FOCUSES ON THREE AREAS: UK EDUCATION; INTERNATIONAL EDUCATION; AND EDUCATION VENTURES. UK EDUCATION: ARK IS THE PARENT ORGANIZATION OF ARK SCHOOLS, ONE OF THE UK'S TOP-PERFORMING ACADEMY NETWORKS - WITH 38 SCHOOLS AND NEARLY 26,000 PUPILS THE GOAL IS THAT EVERY CHILD AT AN ARK SCHOOL HAS ACCESS TO THE EDUCATION AND SKILLS THEY NEED TO SUCCEED AFTER SCHOOL, WHETHER AT UNIVERSITY AND OR IN THE CAREER OF THEIR CHOICE. INTERNATIONAL EDUCATION: INTERNATIONALLY, ARK WORKS IN PARTNERSHIP TO MAKE A DIFFERENCE AND SPREAD EXPERTISE THROUGH INITIATIVES THAT IMPROVE EDUCATION SYSTEMS ACROSS THE WORLD. OUR INTERNATIONAL VENTURE, EDUCATION PARTNERSHIPS GROUP, IS WORKING TO BRING GOVERNMENTS AND EDUCATION ORGANISATIONS CLOSER TOGETHER TO CREATE BETTER SCHOOLS. IN INDIA AND UGANDA. THIS INVOLVES IMPLEMENTING NEW WAYS OF TRACKING AND IMPROVING SCHOOL QUALITY AND STUDENT PERFORMANCE. IN KENYA AND SOUTH AFRICA. THIS INCLUDES DEVELOPING LOW-COST SCHOOL INFORMATION SYSTEMS TO SUPPORT STUDENT PROGRESS THROUGH BETTER USE OF DATA. EDUCATION VENTURES: ARK INCUBATES, LAUNCHES AND SCALES INNOVATIVE VENTURES WHICH AIM TO ADDRESS LONG-STANDING EDUCATIONAL ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION CIRCULATES A DRAFT COPY, IN ELECTRONIC FORM, OF THE 990 TO THE BOARD OF DIRECTORS, PROVIDING REASONABLE TIME TO ITS MEMBERS TO REVIEW AND RESPOND BEFORE THE TAX RETURN IS FILED. SUBSEQUENTLY AFTER THE COMPLETION OF THE REVIEW, THE CHAIR REVIEWS THE FINAL DRAFT AND THEN THE TAX RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ABSOLUTE RETURN FOR KIDS US, INC. (ARK US) HAS DESIGNATED RESPONSIBILITY FOR MONITORING CONFLICTS OF INTEREST TO AN OFFICER OF THE ORGANIZATION. IF UPON SCREENING A CONFLICT OF INTEREST IS IDENTIFIED, ARK US MAKES EVERY EFFORT TO ENSURE IT IS DEALT WITH SWIFTLY AND THOUGHTFULLY WITH REVIEW FROM ALL RELEVANT PARTIES AND LEGAL COUNSEL. IF A CONFLICT EXISTS, THAT PERSON WILL BE RECUSED FROM PARTICIPATING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION RETAINS A HARD COPY OF DOCUMENTS AT OFFICE IN NEW YORK, AND INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1CT
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017704
IRS990/TotalAssetsEOYAmt0124188
IRS990/TotalAssetsGrp/BOYAmt017704
IRS990/TotalAssetsGrp/EOYAmt0124188
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0110000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09018
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0109018
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05000
IRS990/TotalLiabilitiesEOYAmt0110500
IRS990/TotalLiabilitiesGrp/BOYAmt05000
IRS990/TotalLiabilitiesGrp/EOYAmt0110500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013688
IRS990/TotalProgramServiceExpensesAmt0100000
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0110002
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017704
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0124188
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016 RYAN STREET
IRS990/USAddress/CityNm0SYOSSET
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011791
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.US.ARKONLINE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY YANNAZZO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02124179404
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABSOLUTE RETURN FOR KIDS US INC
ReturnHeader/Filer/BusinessNameControlTxt0ABSO
ReturnHeader/Filer/EIN0134147912
ReturnHeader/Filer/PhoneNum02124179404
ReturnHeader/Filer/USAddress/AddressLine1Txt016 RYAN STREET
ReturnHeader/Filer/USAddress/CityNm0SYOSSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011791
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A GARY AARONSON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt042 WEST 38TH STREET SUITE 1003
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100180060
ReturnHeader/PreparerPersonGrp/PhoneNum02126845770
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0A GARY AARONSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-02-14T09:22:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YANNAZZO
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.