Civic Intelligence

Ahrc Nyc Guardianship Fund Inc

EIN 27-3621220 • 501(c)3 • New York, NY

Profile

To solicit, receive, hold, invest and disburse funds for guardianship services, benefiting people with an intellectual or developmental disability served by nysarc, inc., nyc chapter.

83 Maiden LaneNew York, NY 10038

www.ahrcnyc.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.69x

Higher debt load relative to revenue than 86% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-43%

Higher net margin than 6% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$820,293

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 754.5% of source-year revenue.

NTEE P • $1M-$5M nonprofits • Source year 2024

Asset Growth

61st percentile

9.3%

Faster asset growth than 61% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-74%

Faster revenue growth than 3% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,337,372

Up $283,619 (+9.3%) from 2023

Liabilities

Up

$74,843

Up $47,339 (+172%) from 2023

Net Assets

Up

$3,262,529

Up $236,280 (+7.8%) from 2023

Revenue

Down

$108,713

Down $307,323 (-74%) from 2023

Expenses

Up

$155,003

Up $65,950 (+74%) from 2023

Net Income

Down

-$46,290

Down $373,273 (-114%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,333,216Liabilities 2015: $42,174Net Assets 2015: $2,291,0422015Assets 2016: $2,351,581Liabilities 2016: $46,864Net Assets 2016: $2,304,7172016Assets 2017: $2,728,367Liabilities 2017: $21,537Net Assets 2017: $2,706,8302017Assets 2018: $2,889,441Liabilities 2018: $102,741Net Assets 2018: $2,786,7002018Assets 2019: $2,910,990Liabilities 2019: $0Net Assets 2019: $2,910,9902019Assets 2020: $2,879,224Liabilities 2020: $0Net Assets 2020: $2,879,2242020Assets 2021: $3,299,433Liabilities 2021: $0Net Assets 2021: $3,299,4332021Assets 2022: $2,872,201Liabilities 2022: $53,410Net Assets 2022: $2,818,7912022Assets 2023: $3,053,753Liabilities 2023: $27,504Net Assets 2023: $3,026,2492023Assets 2024: $3,337,372Liabilities 2024: $74,843Net Assets 2024: $3,262,5292024

Highlighted filing

2024

Assets$3,337,372
Liabilities$74,843
Net Assets$3,262,529

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $121,332Expenses 2015: $67,486Net Income 2015: $53,8462015Revenue 2016: $59,281Expenses 2016: $69,405Net Income 2016: -$10,1242016Revenue 2017: $347,016Expenses 2017: $62,268Net Income 2017: $284,7482017Revenue 2018: $169,234Expenses 2018: $108,410Net Income 2018: $60,8242018Revenue 2019: $188,808Expenses 2019: $131,450Net Income 2019: $57,3582019Revenue 2020: $213,617Expenses 2020: $86,354Net Income 2020: $127,2632020Revenue 2021: $83,442Expenses 2021: $80,359Net Income 2021: $3,0832021Revenue 2022: $95,524Expenses 2022: $90,704Net Income 2022: $4,8202022Revenue 2023: $416,036Expenses 2023: $89,053Net Income 2023: $326,9832023Revenue 2024: $108,713Expenses 2024: $155,003Net Income 2024: -$46,2902024

Highlighted filing

2024

Revenue$108,713
Expenses$155,003
Net Income-$46,290

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2025
Return Version
2023v6.0
Gross Receipts
$611,344
Mission and Program Overview

Mission

To solicit, receive, hold, invest and disburse funds for guardianship services, benefiting people with an intellectual or developmental disability served by nysarc, inc., nyc chapter.

To hold funds for the benefit of people with intellectual or developmental disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,967,627$3,212,532▲ $244,905
Savings and Temporary Cash Investments$86,126$124,840▲ $38,714
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,053,753$3,337,372▲ $283,619
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$27,504$74,843▲ $47,339
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$27,504$74,843▲ $47,339
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,026,249$3,262,529▲ $236,280
Total Net Assets Fund Balance$3,026,249$3,262,529▲ $236,280
Total Liabilities and Net Assets / Fund Balance$3,053,753$3,337,372▲ $283,619
Compensation and Service Providers

Board Members and Trustees

NameTitle
Meri KrassnerPresident
Sharyn Van ReepinghenVice President
Marco DamianiCEO, Nysarc Inc., Nyc Chap
Amy WestCFO, Nysarc Inc., Nyc Chap
Nancy PetrinoTreasurer / Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$108,713
Other Revenue
$0
Change in Net Assets
$-46,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,000
Other Expenses$55,003
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$100,000--$100,000
Fees for Service Investment Mgmnt Fees-$7,664-$7,664
Other Expenses$46,839$500-$500
Total Functional Expenses$146,839$8,164$0$155,003
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Nysarc Inc New York City ChapterNew York, NY501(c)(3)The Purpose of This Grant Is to Support the Guardianship Program at Ahrc$100,000
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$74,843
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is a membership corporation formed in 2010. Nysarc inc., new york city chapter ("ahrc nyc"), acting through its board of directors, is the sole member. The organization is governed by its own board of directors, which is responsible for its operations.

Form 990, Part VI, Section A, Line 7A

The organization's sole member, ahrc nyc, has been reserved the power within guardianship's bylaws to appoint and remove guardianship's board of directors. In addition, the sole member has the power to appoint and remove guardianship's president.

Form 990, Part VI, Section A, Line 7B

The organization's sole member, ahrc nyc, has been reserved the power within guardianship's bylaws to alter, amend, revise, or repeal guardianship's bylaws and articles of incorporation.

Form 990, Part VI, Section A, Line 8B

The organization does not currently have any committees other than its board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by a professional services firm, which served as paid preparer, with assistance from the staff of ahrc nyc. A copy of the draft form 990 was circulated to the full board of the organization in either paper or electronic form for discussion and comment. Each board member is provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The organization monitors compliance with its conflict of interest policy very carefully. Directors and officers are required to disclose possible conflicts of interest upon joining the organization, when a conflict arises, and annually by filling out a conflict of interest disclosure statement. The disclosure statement is provided to the secretary of the corporation. Decisions relating to conflicts are documented in board minutes. Form 990, part vi, section b, line 13 and 14: the organization operates under the whistleblower and document retention policy of its sole member, ahrc nyc.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, and at management's discretion.

Form 990, Part VII

Ahrc nyc guardianship fund, inc. Does not have its own employees or its own payroll. All employees providing services to ahrc nyc guardianship fund, inc. Receive their w-2s from a related organization, nysarc, inc. New york city chapter. This compensation is reported on form 990, part vii and schedule j. Form 990, part xii, line 2c: the organization does not currently have any committees other than its board of directors. In fiscal year 2024, the organization's financial information was consolidated into ahrc nyc's audited financial statements. The consolidated audited financial statements were reviewed this year by ahrc nyc's audit committee.

Filing and Contact Details

Filer

Filer Name
Ahrc Nyc Guardianship Fund Inc
EIN
27-3621220
Phone
2127802500
Address
83 MAIDEN LANE, NEW YORK, NY 10038

Signing Officer

Name
Amy West
Title
Evp/chief Financial Officer
Phone
2127802500
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meri Krassner
Formed
2010
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Ahrc nyc guardianship fund, inc. Is included within the consolidated financial statements of its sole member, nysarc inc., nyc chapter. The below fin-48 footnote is reproduced from the consolidated financial statements. Ahrc is organized under the not-for-profit corporation law of the state of new york. Nysarc, inc., new york city chapter, superior, home care, development, guardianship fund, and new projects have been granted exemption from federal income tax pursuant to section 501 (c)(3) of the internal revenue code. Properties has been granted exemption from federal income tax pursuant to section 501 (c)(2) of the internal revenue code. Ahrc is current with respect to its federal and new york state income tax filing requirements. Management is not aware of any issues or circumstances that would unfavorably impact its tax exempt status. Management has determined that ahrc had no uncertain tax positions that would require financial statement recognition or disclosure.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NYSARC INC NYC CHAPTER
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AHRC NYC GUARDIANSHIP FUND, INC. IS INCLUDED WITHIN THE CONSOLIDATED FINANCIAL STATEMENTS OF ITS SOLE MEMBER, NYSARC INC., NYC CHAPTER. THE BELOW FIN-48 FOOTNOTE IS REPRODUCED FROM THE CONSOLIDATED FINANCIAL STATEMENTS. AHRC IS ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. NYSARC, INC., NEW YORK CITY CHAPTER, SUPERIOR, HOME CARE, DEVELOPMENT, GUARDIANSHIP FUND, AND NEW PROJECTS HAVE BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. PROPERTIES HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAX PURSUANT TO SECTION 501 (C)(2) OF THE INTERNAL REVENUE CODE. AHRC IS CURRENT WITH RESPECT TO ITS FEDERAL AND NEW YORK STATE INCOME TAX FILING REQUIREMENTS. MANAGEMENT IS NOT AWARE OF ANY ISSUES OR CIRCUMSTANCES THAT WOULD UNFAVORABLY IMPACT ITS TAX EXEMPT STATUS. MANAGEMENT HAS DETERMINED THAT AHRC HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE PURPOSE OF THIS GRANT IS TO SUPPORT THE GUARDIANSHIP PROGRAM AT AHRC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NYSARC INC NEW YORK CITY CHAPTER
IRS990ScheduleI/RecipientTable/RecipientEIN0135596746
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt083 MAIDEN LANE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AHRC NYC SENDS APPLICATIONS COMPLETED BY MEMBERS OF AHRC'S CHARITABLE CLASS TO THE AHRC NYC GUARDIANSHIP FUND BOARD OF DIRECTORS FOR CONSIDERATION AND DECISION AS TO WHETHER (A) THE REQUEST FITS THE FUND'S CRITERIA AND (B) WHETHER FUNDS ARE AVAILABLE. IN GENERAL, THE BOARD OF DIRECTORS CONSIDERS APPLICATIONS ON A QUARTERLY BASIS. THE GUIDING PRINCIPLES IN CONSIDERING GRANT APPLICATIONS ARE WHETHER THE USE OF THE FUNDS WOULD SUSTAIN OR ENHANCE THE QUALITY OF LIFE FOR A PERSON WITH AN INTELLECTUAL OR DEVELOPMENTAL DISABILITY WHO LIVES IN ANY OF THE FIVE BOROUGHS OF NEW YORK AND WHETHER THERE IS ANOTHER METHOD OF FUNDING AVAILABLE. ALL GRANT AWARDS ARE RECORDED IN AHRC NYC GUARDIANSHIP FUND'S BOOKS, WHICH ARE AUDITED ON AN ANNUAL BASIS. UPON APPROVAL OF A GRANT APPLICATION, AHRC NYC GUARDIANSHIP SENDS THE GRANT FUNDS TO AHRC NYC FOR DISBURSEMENT TO EACH RESPECTIVE APPLICANT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt120000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0595627
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1399591
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt136825
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt15625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARCO DAMIANI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1AMY WEST
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO, NYSARC INC., NYC CHAP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO, NYSARC INC., NYC CHAP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0820293
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CHIEF EXECUTIVE OFFICER, MARCO DAMIANI, AND CHIEF FINANCIAL OFFICER, AMY WEST, HAVE MANAGEMENT AND FINANCIAL OVERSIGHT, RESPECTIVELY, OF THE NYSARC INC., NEW YORK CITY CHAPTER AND ITS AFFILIATE ORGANIZATIONS BY VIRTUE OF THEIR POSITIONS AS THE TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL, RESPECTIVELY, OF NYSARC INC., NEW YORK CITY CHAPTER. ACCORDINGLY, BOTH MARCO DAMIANI AND AMY WEST ARE CONSIDERED TO BE "DE FACTO" OFFICERS OF AHRC NYC GUARDIANSHIP FUND, INC. FOR PURPOSES OF THE FILING OF THE 990 OF AHRC NYC GUARDIANSHIP FUND, INC.. THE ORGANIZATION DOES NOT DIRECTLY COMPENSATE THE INDIVIDUALS LISTED IN FORM 990 PART VII AND SCHEDULE J. THESE INDIVIDUALS RECEIVE THEIR W-2S FROM A RELATED ORGANIZATION, NYSARC, INC. NEW YORK CITY CHAPTER. THE PROCESS FOR DETERMINING THAT COMPENSATION IS ARTICULATED ON THE PARENT FORM 990, AND IN THE INTERESTS OF FULL TRANSPARENCY, IS REPLICATED ON THIS 990 AS WELL. NYSARC, INC. NEW YORK CITY CHAPTER HAS ADOPTED A COMPENSATION POLICY (THE "POLICY") FOR COVERED INDIVIDUALS. PURSUANT TO THE POLICY, A COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS REVIEWS THE COMPENSATION OF ALL EMPLOYEES SPECIFIED AS HAVING A SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION AND WHO RECEIVE REMUNERATION FROM THE ORGANIZATION, INCLUDING AMONG OTHERS, THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF LEGAL OFFICER, CHIEF PROGRAM OFFICER AND CHIEF HUMAN RESOURCES OFFICER. THE COMPENSATION COMMITTEE IS ADVISED BY AN INDEPENDENT COMPENSATION CONSULTANT, WHICH OPINES TO THE COMPENSATION COMMITTEE THAT THE LEVEL OF COMPENSATION PAID AND THE PROCESS BY WHICH COMPENSATION IS ESTABLISHED MEETS APPLICABLE IRS REASONABLENESS AND "SAFE HARBOR" STANDARDS. THE OUTSIDE COMPENSATION CONSULTANT PROVIDES DATA OF COMPENSATION PROVIDED AT SIMILAR ORGANIZATIONS TO ENSURE THAT THE ORGANIZATION DOES NOT COMPENSATE IN EXCESS OF MARKET NORMS OR IN EXCESS OF THE COMMITTEE'S PHILOSOPHY OF MAINTAINING TOTAL COMPENSATION AT OR AROUND THE MEDIAN OF THE MARKET.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE J, PART I:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A MEMBERSHIP CORPORATION FORMED IN 2010. NYSARC INC., NEW YORK CITY CHAPTER ("AHRC NYC"), ACTING THROUGH ITS BOARD OF DIRECTORS, IS THE SOLE MEMBER. THE ORGANIZATION IS GOVERNED BY ITS OWN BOARD OF DIRECTORS, WHICH IS RESPONSIBLE FOR ITS OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER, AHRC NYC, HAS BEEN RESERVED THE POWER WITHIN GUARDIANSHIP'S BYLAWS TO APPOINT AND REMOVE GUARDIANSHIP'S BOARD OF DIRECTORS. IN ADDITION, THE SOLE MEMBER HAS THE POWER TO APPOINT AND REMOVE GUARDIANSHIP'S PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S SOLE MEMBER, AHRC NYC, HAS BEEN RESERVED THE POWER WITHIN GUARDIANSHIP'S BYLAWS TO ALTER, AMEND, REVISE, OR REPEAL GUARDIANSHIP'S BYLAWS AND ARTICLES OF INCORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY COMMITTEES OTHER THAN ITS BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 WAS PREPARED BY A PROFESSIONAL SERVICES FIRM, WHICH SERVED AS PAID PREPARER, WITH ASSISTANCE FROM THE STAFF OF AHRC NYC. A COPY OF THE DRAFT FORM 990 WAS CIRCULATED TO THE FULL BOARD OF THE ORGANIZATION IN EITHER PAPER OR ELECTRONIC FORM FOR DISCUSSION AND COMMENT. EACH BOARD MEMBER IS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY VERY CAREFULLY. DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST UPON JOINING THE ORGANIZATION, WHEN A CONFLICT ARISES, AND ANNUALLY BY FILLING OUT A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENT IS PROVIDED TO THE SECRETARY OF THE CORPORATION. DECISIONS RELATING TO CONFLICTS ARE DOCUMENTED IN BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 13 AND 14: THE ORGANIZATION OPERATES UNDER THE WHISTLEBLOWER AND DOCUMENT RETENTION POLICY OF ITS SOLE MEMBER, AHRC NYC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, AND AT MANAGEMENT'S DISCRETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AHRC NYC GUARDIANSHIP FUND, INC. DOES NOT HAVE ITS OWN EMPLOYEES OR ITS OWN PAYROLL. ALL EMPLOYEES PROVIDING SERVICES TO AHRC NYC GUARDIANSHIP FUND, INC. RECEIVE THEIR W-2S FROM A RELATED ORGANIZATION, NYSARC, INC. NEW YORK CITY CHAPTER. THIS COMPENSATION IS REPORTED ON FORM 990, PART VII AND SCHEDULE J. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY COMMITTEES OTHER THAN ITS BOARD OF DIRECTORS. IN FISCAL YEAR 2024, THE ORGANIZATION'S FINANCIAL INFORMATION WAS CONSOLIDATED INTO AHRC NYC'S AUDITED FINANCIAL STATEMENTS. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS WERE REVIEWED THIS YEAR BY AHRC NYC'S AUDIT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1AHRC NYC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3AHRC NYC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5AHRC NYC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NYSARC INC NYC CHAPTER (AHRC NYC)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AHRC NYC PROPERTIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2AHRC HOME CARE SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3SUPERIOR DIRECT CARE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4AHRC DEVELOPMENT COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5AHRC NYC NEW PROJECTS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6AHRC NEW YORK CITY FOUNDATION INC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NY

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