Civic Intelligence

Xposure Foundation Inc.

990 • Fiscal year 2021 • EIN 26-0160228

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 27, 2022

121-16 97th AveSouth Richmond Hill, NY 11419-1321

(347) 418-6534

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.69x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.19x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Net Margin

70th percentile

26%

Higher net margin than 70% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$111,366

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Asset Growth

95th percentile

226%

Faster asset growth than 95% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

127%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$739,612

Up $512,417 (+226%) from 2020

Net Assets

Up

$225,991

Up $686,626 (+149%) from 2020

Liabilities

Down

$513,621

Down $174,209 (-25%) from 2020

Revenue

Up

$2,640,925

Up $1,476,702 (+127%) from 2020

Expenses

Up

$1,954,299

Up $825,231 (+73%) from 2020

Net Income

Up

$686,626

Up $651,471 (+1853%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $156,747Liabilities 2011: $2,500Net Assets 2011: $154,2472011Assets 2016: $238,196Liabilities 2016: $445,146Net Assets 2016: -$206,9502016Assets 2017: $205,002Liabilities 2017: $414,503Net Assets 2017: -$209,5012017Assets 2018: $136,288Liabilities 2018: $583,904Net Assets 2018: -$447,6162018Assets 2019: $122,101Liabilities 2019: $617,891Net Assets 2019: -$495,7902019Assets 2020: $227,195Liabilities 2020: $687,830Net Assets 2020: -$460,6352020Assets 2021: $739,612Liabilities 2021: $513,621Net Assets 2021: $225,9912021Assets 2022: $662,862Liabilities 2022: $632,635Net Assets 2022: $30,2272022Assets 2023: $252,945Liabilities 2023: $1,013,570Net Assets 2023: -$760,6252023Assets 2024: $183,851Liabilities 2024: $1,366,985Net Assets 2024: -$1,183,1342024

Highlighted filing

2021

Assets$739,612
Liabilities$513,621
Net Assets$225,991

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $541,7152011Revenue 2016: $1,352,572Expenses 2016: $1,416,117Net Income 2016: -$63,5452016Revenue 2017: $1,584,222Expenses 2017: $1,586,773Net Income 2017: -$2,5512017Revenue 2018: $1,629,351Expenses 2018: $1,867,466Net Income 2018: -$238,1152018Revenue 2019: $1,398,243Expenses 2019: $1,441,062Net Income 2019: -$42,8192019Revenue 2020: $1,164,223Expenses 2020: $1,129,068Net Income 2020: $35,1552020Revenue 2021: $2,640,925Expenses 2021: $1,954,299Net Income 2021: $686,6262021Revenue 2022: $2,231,561Expenses 2022: $2,427,325Net Income 2022: -$195,7642022Revenue 2023: $1,929,284Expenses 2023: $2,604,581Net Income 2023: -$675,2972023Revenue 2024: $1,691,400Expenses 2024: $2,113,909Net Income 2024: -$422,5092024

Highlighted filing

2021

Revenue$2,640,925
Expenses$1,954,299
Net Income$686,626
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 27, 2022
Return Version
2021v4.2
Gross Receipts
$2,640,925
Mission and Program Overview

Mission

To expose children, adolescents and adults, in underserved communities to the worlds of science, technology, finance, work ethics, nutrition and community service while helping to build stronger parent/children partnerships.

2 time NY EMMY award winning Xposures mission is to expose children, youth, and families in underserved communities, to the worlds of science, technology, finance, work ethics, nutriton and community service while helping to build stronger parent/child partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$151,255$673,013▲ $521,758
Cash and Non-Interest-Bearing Accounts$64,808$62,055▼ $2,753
Loans From Officers Directors$28,123$21,523▼ $6,600
Land, Buildings, and Equipment, Net$11,132$4,544▼ $6,588
Total Assets$227,195$739,612▲ $512,417
Liabilities
Other Liabilities$589,364$434,197▼ $155,167
Accounts Payable and Accrued Expenses$70,343$57,901▼ $12,442
Total Liabilities$687,830$513,621▼ $174,209
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-460,635$225,991▲ $686,626
Total Net Assets Fund Balance$-460,635$225,991▲ $686,626
Total Liabilities and Net Assets / Fund Balance$227,195$739,612▲ $512,417

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,544$269,480$274,024
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janea PowellProgram DirectorFT$111,366$111,366
RAYMOND L THOMAS JrExecutive DirectorFT$111,250$111,250
Marcelle LashleyAssistant Executive DirectorFT$98,350$98,350
Shaughn ThomasBoard Chair-$2,188$2,188

Board Members and Trustees

NameTitle
Jayda PowellChair Academic Committe
Tamika StewartTrustee
Theresa RobinsonSecretary
Evelyn GonzalesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,640,925
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$68,558
Change in Net Assets
$686,626

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,640,925
Total Revenue per Audited Statements
$2,640,925
Total Revenue per Form 990
$2,640,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,488,276
Other Expenses$466,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$828,151$220,870-$1,049,021
Current Officers, Directors, Trustees, and Key Employees$255,115$68,039-$323,154
Payroll Taxes$91,654$24,447-$116,101
Office Expenses$58,634$40,326-$98,960
Conferences and Meetings$68,044$20,324-$88,368
Fees for Services Other$37,797$18,875-$56,672
Information Technology$25,210$5,054-$30,264
Occupancy$25,851$3,293-$29,144
Fees for Services Accounting$18,591$9,284-$27,875
All Other Expenses$13,828$5,477-$19,305
Insurance$4,792$10,012-$14,804
Other Expenses$22,224$9,027-$9,027
Depreciation Depletion-$6,588-$6,588
Fees for Services Legal$1,499$749-$2,248
Total Functional Expenses$1,505,973$448,326$0$1,954,299

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,954,299
Total Expenses per Audited Statements$1,954,299
Total Expenses per Form 990$1,954,299
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Raymond L Thomas JrExecutive DirectorLoanNo$12,422

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$28,123$21,523▼ $6,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Advances$270,000
Loan Payable Eidl$150,000
Short Term Loans$14,197
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 governing body review Part VI line 11

Executive director raymond thomas jr performs a preliminary review of form 990 and supplemental schedules. All changes are made and a final review is performed with board and cpa. Final form 990 is submitted to board for second signoff.

Conflict of interest policy compliance Part VI line 12C

The purpose of this Board conflict of interest policy is to protect Xposure Foundation Inc.s (Xposure)interest when it is contemplating entering into a transaction or arrangement that might benefit the private interests of an officer or director of Xposure or might result in a possible excess benefit transaction. Each director, principal officer and member of a committee with Board delegated powers shall annually sign a statement which affirms such person: (a) has received a copy of the conflict of interest policy (b) has read and understands the policy (c) has agreed to compy with the policy, and d) Understands Xposure is charitable and in order to maintain its federal tax exemption it must engage primarily in activities, which accomplish 1 or more of its tax-exempt purposes.

Form 990 availability to public Part VI line 18

Irs form 990 is available upon request and on charities bureau ny website

Governing documents etc available to public Part VI line 19

All governing documents books and records are maintained at 121-16 97th ave south richmond hill new york and are available upon request.

Filing and Contact Details

Filer

Filer Name
Xposure Foundation Inc
EIN
26-0160228
Address
121-16 97TH AVE, South Richmond Hill, NY 11419-1321

Signing Officer

Name
Raymond L Thomas Jr
Title
Executive Direc
Phone
3474186534
Signed
2022-09-27
Discuss with paid preparer
No

Organization Details

Formed
2007
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
131

Preparer

Firm
R Creary CPA Pc
Address
104 S CENTRAL AVE STE 15, Valley Stream, NY 11580
Preparer
Rowan Creary CPA
Phone
7187066768
Supplemental Narrative

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

On december 21, 2021, the board members of new little branches daycare (nlb) an entity that shares executive director with the organization forgave $428,443, of notes payables that the organization owed nlb. The board of nlb stated the technical benefits received as well lack of reimbursement of shared cost as the primary reasons for the forgiveness.

Footnote for uncertain tax position under FIN 48 (Part X)

Management has analyzed the tax positions taken and has concluded that as of december 31, 2021 and 2020, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the financial statements. Xposure is subject to routine audits by taxing jurisdictions up to 3 years from the extended due date of each return; however, there are currently no ongoing audits.

Raw XML AppendixShowing 400 of 422 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/BOYAmt070343
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057901
IRS990/AccountsReceivableGrp/BOYAmt0151255
IRS990/AccountsReceivableGrp/EOYAmt0673013
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc02 time NY EMMY award winning Xposures mission is to expose children, youth, and families in underserved communities, to the worlds of science, technology, finance, work ethics, nutriton and community service while helping to build stronger parent/child partnerships.
IRS990/AllOtherContributionsAmt068558
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05477
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013828
IRS990/AllOtherExpensesGrp/TotalAmt019305
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0RAYMOND L THOMAS Jr
IRS990/BooksInCareOfDetail/PhoneNum03474186534
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0121-16 97TH AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0South Richmond Hill
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0114191321
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt064808
IRS990/CashNonInterestBearingGrp/EOYAmt062055
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt068039
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0255115
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0323154
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt020324
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt068044
IRS990/ConferencesMeetingsGrp/TotalAmt088368
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02640925
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0466023
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0686626
IRS990/CYSalariesCompEmpBnftPaidAmt01488276
IRS990/CYTotalExpensesAmt01954299
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02640925
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06588
IRS990/DepreciationDepletionGrp/TotalAmt06588
IRS990/Desc0BROADCASTING FUN FINANCE RADIO - PROPRIETARY SCHOOL BASED INTERNET RADIO/TV STATION ALLOW STUDENTS TO CREATE RADIO SHOWS FOCUSING ON A WIDE RANGE OF TOPICS INCLUDING SCHOOL CULTURE, FINANCIAL LITERACY, TEEN ISSUES, POP CULTURE AND OTHER SUBJECT MATTER IMPORTANT TO THEM. GIRLS WITH KNOWLEDGE IS ONE EXAMPLE OF OUR BROAD ARRAY OF RADIO SHOWS DESIGNED TO PROVIDE YOUTH WITH A PLATFORM TO DISCUSS TOPICS AND ISSUES IMPORTANT TO THEM. MUSIC PRODUCTION - PROPRIETARY MINI SCHOOL-BASED MUSIC STUDIOS ALLOW STUDENTS TO WRITE, PERFORM AND PRODUCE MUSIC CENTERING ON A WIDE RANGE OF TOPICS FROM FINANCIAL LITERACY BASED MUSIC SUCH AS OUR EMMY NOMINATED WORK HARD SONG TO SONGS ABOUT SCHOOL BULLYING LIKE DEAR BULLY.ANIMATION/ 3D MODELING - STUDENTS LEARN THE BASICS OF ANIMATION INCLUDING STOP MOTION 3D ANIMATION. STUDENTS ALSO LEARN THE BASICS OF 3D MODELING INCLUDING DEVELOPING, RIGGING AND TEXTURIZING CHARACTERS. FINANCIAL LITERACY - OUR WALL STREET WARRIORS (WSW) AND LEARN TO EARN PROGRAMS ARE DESIGNED TO HELP PARTICIPANTS UNDERSTAND THE POWER OF SAVING AND INVESTING. STUDENTS LEARN BY ACTUALLY OPENING AND MAINTAING THEIR VERY OWN SAVINGS ACCOUNT (CUSTODIAL ACCOUNTS). IN ADDITION THEY OPEN THEIR VERY OWN ONLINE INVESTMENT ACCOUNTS WHERE THEY HAVE OPPORTUNITIES TO PURCHASE ACTUAL SHARES OF FORTUNE 500 COMPANIES (CUSTODIAL ACCOUNTS). TECHNOLOGY - STUDENTS ARE EXPOSED TO A WIDE RANGE OF TECHNOLOGY PROGRAMMNING INCLUDING ROBOTICS, ELECTRONICS, CODING, DRONES, ETC. OUR 3 STEP TECHNOLOGY/ COMMUNICATIONS MODEL CHALLENGES STUDENTS TO LEARN HOW TO COMMUNICATE EFFECTIVELY BY PLACING A STRONG EMPHASIS ON READING, WRITING, LISTENING AND SPEAKING.DANCE - THE ECLECTIC DANCERS IS A DANCE/LEADERSHIP DEVELOPMENT TROUPE DESIGNED TO BUILD SELF-ESTEEM AND PROVIDE A SENSE OF SELF-EMPOWERMENT THROUGH HIP HOP, MODERN AND OTHER FORMS OF DANCE. XPOSURE HAS EARNED 2 NY EMMY AWARDS AND 9 NY EMMY NOMINATIONS FOR CONTENT CREATED WITH OUR ELEMENTARY, MIDDLE, AND HIGH SCHOOL YOUTH.SCREEN PRODUCTION - IN 2018 XPOSURE PRODUCED AND SCREENED DEAR BULLY, AND ANTI-BULLYING FILM AT THE SVE THEATER IN MANHATTAN NY. THE FILM/MUSICAL WAS CREATED AS A RESULT OF YEARS OF COLLABORATION AMONGST XPOSURES VARIED AFTER SCHOOL PROGRAMS. THE FILM FEATURES MUSIC, ART, ANIMATION AND TOP NOTCH ACTING BY XPOSURE AFTERSCHOOL STUDENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0131
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01505973
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09284
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt018591
IRS990/FeesForServicesAccountingGrp/TotalAmt027875
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0749
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01499
IRS990/FeesForServicesLegalGrp/TotalAmt02248
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018875
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt037797
IRS990/FeesForServicesOtherGrp/TotalAmt056672
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JANEA POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm1RAYMOND L THOMAS Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2MARCELLE LASHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAUGHN THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm4THERESA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm5TAMIKA STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm6EVELYN GONZALES
IRS990/Form990PartVIISectionAGrp/PersonNm7JAYDA POWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0111366
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1111250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt298350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32188
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASSISTANT EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR ACADEMIC COMMITTE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt02143924
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02640925
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05054
IRS990/InformationTechnologyGrp/ProgramServicesAmt025210
IRS990/InformationTechnologyGrp/TotalAmt030264
IRS990/InsuranceGrp/ManagementAndGeneralAmt010012
IRS990/InsuranceGrp/ProgramServicesAmt04792
IRS990/InsuranceGrp/TotalAmt014804
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0269480
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011132
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04544
IRS990/LandBldgEquipCostOrOtherBssAmt0274024
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt028123
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt021523
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc02 time NY EMMY award winning Xposures mission is to expose children, youth, and families in underserved communities, to the worlds of science, technology, finance, work ethics, nutriton and community service while helping to build stronger parent/child partnerships.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-460635
IRS990/NetAssetsOrFundBalancesEOYAmt0225991
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-460635
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0225991
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03293
IRS990/OccupancyGrp/ProgramServicesAmt025851
IRS990/OccupancyGrp/TotalAmt029144
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040326
IRS990/OfficeExpensesGrp/ProgramServicesAmt058634
IRS990/OfficeExpensesGrp/TotalAmt098960
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FILINGS AND CREDIT CARD
IRS990/OtherExpensesGrp/Desc1PROJECTS
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3STORAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05961
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19027
IRS990/OtherExpensesGrp/ProgramServicesAmt054583
IRS990/OtherExpensesGrp/ProgramServicesAmt122224
IRS990/OtherExpensesGrp/TotalAmt05961
IRS990/OtherExpensesGrp/TotalAmt154583
IRS990/OtherExpensesGrp/TotalAmt222224
IRS990/OtherExpensesGrp/TotalAmt39027
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0589364
IRS990/OtherLiabilitiesGrp/EOYAmt0434197
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0220870
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0828151
IRS990/OtherSalariesAndWagesGrp/TotalAmt01049021
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt024447
IRS990/PayrollTaxesGrp/ProgramServicesAmt091654
IRS990/PayrollTaxesGrp/TotalAmt0116101
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01164223
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0334185
IRS990/PYRevenuesLessExpensesAmt035155
IRS990/PYSalariesCompEmpBnftPaidAmt0794883
IRS990/PYTotalExpensesAmt01129068
IRS990/PYTotalRevenueAmt01164223
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0686626
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0428443
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02071455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02212482
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01164223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01398243
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01629351
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01584222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07988521
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0428443
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0428443
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.08400
IRS990ScheduleA/PublicSupportPY170Pct00.09430
IRS990ScheduleA/PublicSupportTotal170Amt0707085
IRS990ScheduleA/SubstantialContributorsTotAmt07281436
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02212482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01164223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01398243
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01629351
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01584222
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07988521
IRS990ScheduleA/TotalSupportAmt08416964
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/EquipmentGrp/BookValueAmt04544
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0269480
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0274024
IRS990ScheduleD/ExpensesSubtotalAmt01954299
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1270000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2150000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHORT TERM LOANS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTRACT ADVANCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PAYABLE EIDL
IRS990ScheduleD/RevenueSubtotalAmt02640925
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ON DECEMBER 21, 2021, THE BOARD MEMBERS OF NEW LITTLE BRANCHES DAYCARE (NLB) AN ENTITY THAT SHARES EXECUTIVE DIRECTOR WITH THE ORGANIZATION FORGAVE $428,443, OF NOTES PAYABLES THAT THE ORGANIZATION OWED NLB. THE BOARD OF NLB STATED THE TECHNICAL BENEFITS RECEIVED AS WELL LACK OF REIMBURSEMENT OF SHARED COST AS THE PRIMARY REASONS FOR THE FORGIVENESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021 AND 2020, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. XPOSURE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS UP TO 3 YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN; HOWEVER, THERE ARE CURRENTLY NO ONGOING AUDITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues not included on Form 990 (Part XI, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04544
IRS990ScheduleD/TotalExpensesPerForm990Amt01954299
IRS990ScheduleD/TotalLiabilityAmt0434197
IRS990ScheduleD/TotalRevenuePerForm990Amt02640925
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02640925
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01954299
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RAYMOND L THOMAS JR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012422
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt021523
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SHORT TERM LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200590
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MICHELE RULNICK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FORMER TREASURER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt021523
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR RAYMOND THOMAS JR PERFORMS A PRELIMINARY REVIEW OF FORM 990 AND SUPPLEMENTAL SCHEDULES. ALL CHANGES ARE MADE AND A FINAL REVIEW IS PERFORMED WITH BOARD AND CPA. FINAL FORM 990 IS SUBMITTED TO BOARD FOR SECOND SIGNOFF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The purpose of this Board conflict of interest policy is to protect Xposure Foundation Inc.s (Xposure)interest when it is contemplating entering into a transaction or arrangement that might benefit the private interests of an officer or director of Xposure or might result in a possible excess benefit transaction. Each director, principal officer and member of a committee with Board delegated powers shall annually sign a statement which affirms such person: (a) has received a copy of the conflict of interest policy (b) has read and understands the policy (c) has agreed to compy with the policy, and d) Understands Xposure is charitable and in order to maintain its federal tax exemption it must engage primarily in activities, which accomplish 1 or more of its tax-exempt purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IRS FORM 990 IS AVAILABLE UPON REQUEST AND ON CHARITIES BUREAU NY WEBSITE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS BOOKS AND RECORDS ARE MAINTAINED AT 121-16 97TH AVE SOUTH RICHMOND HILL NEW YORK AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0227195
IRS990/TotalAssetsEOYAmt0739612
IRS990/TotalAssetsGrp/BOYAmt0227195
IRS990/TotalAssetsGrp/EOYAmt0739612
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02640925
IRS990/TotalEmployeeCnt0131
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0448326
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01505973
IRS990/TotalFunctionalExpensesGrp/TotalAmt01954299
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0687830
IRS990/TotalLiabilitiesEOYAmt0513621
IRS990/TotalLiabilitiesGrp/BOYAmt0687830
IRS990/TotalLiabilitiesGrp/EOYAmt0513621
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-460635
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225991
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01505973
IRS990/TotalReportableCompFromOrgAmt0323154
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02640925
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0227195
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0739612
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.xposurefoundationinc.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND L THOMAS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum03474186534
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0XPOSURE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0XPOS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings