c OMB No , 1545-0047

Return of Organization Exempt From Income Tax Under section 501(c), 527, w 4947(a)(1) of 1fie Internal Revenue Code except black lung

benefit trust a private foundatan)

" the organization may have to sae a copy o1 this return to satisfy state reporting requeffemen

2002 DyrmvY of Rr Tnasry lift, d A~serMn

I R e Telephone nurnber

(585) 359-3710 F medsDx C ]Cash JK .=uid o cow «,, .

100 OROTON PKWY ROCHESTER NY 14823-4540 S34 P2

H and 1 acs not appSmWe to section 527 ciglartuabons. H(a) Is this a grate return la affiliates? LI Yes X No Nib/ II'Yes,'enter nmbelofalfifiates 0 . . . . . . . . . ___ . H(e) lue all affiliates nc4ded? El Yes 0 No

Of 'No.' attach a fst See usNCtwm) H(d) Is to a separate reCm filed by

In qg3nmbpf1 covered by 2 fyWO ~5? 0 Yq ~p Ad No

0 Seewn 5011c)(311 oruarturtions and 49470)(1) nonexempt charitable Ousts must attach a eanpeted schedule A (Farm 990 or 990-M

G Web snc

J

K Check hem " El H the argavetin'sgr,~,~~ ere nmnaCy rot more N= f25.000 7M organization need not Me a reUrn with 7e SRS bid d the orperdnitim racare0 a Farm 990 Package In the mad. It shaAd file a iaem wUiout Pomncial data " is ahESS ~sqdra a complete retiuin. I Enter 4dgd GBJ *

M Check " it the to attach Sch (Fom

q not ,a9 L Gross receinb Add lines 6b, 8b, 9b . and 10b to line 12 P.

80 .264 1 -176 911 Fan 990 (2002) I

F~ � 990

A For the 2002 u

B Chad it qVkBW

oAdtkeas Name charge

O initial neturn Cl F.ai raturn o Anwided M � ,

APDficatm DaWkg

""""""""SCH&DIOIT14623 29 IS ST 22-2661001 200308 100 OROTON PARKWAY INC

30 .p03 o en~ idenvflrauon numear

1 ContnbWons, grits, grants, end similar amounts received . a Direct public support b Indirect public support c Government contributions (grants) d Total (add lines 1a through 1c) (cash $ noncash E ) U

QW 2 Program service revenue including government foes and Contracts (ham Part VII, line 93) 3 Membership dues and assessments 4 Interest on savings and temporary cash mvesUnents

W 5 Dividends and interest from securities . , 6a Gross rents b Less* rental expenses 6b

E

come or pons) (subtract line 6b horn line 6a) rLtincome (describe

8a Gross

amount

sales of assets other W 5°°~' (W °°'°`

IEH "Left'Wor OUieab'esis end sales expenses ,~c~ G QossVattaah schedule) ~aaIn o~f'f Ipssj{I mbme line 8c, columns (F) aril (B))

p'9ea events ents and activities (attach schedule) a Gross revenue (not including $ of

contributions reported on line 1 a) 9a b Less direct expenses other than fundraising expenses 9b c Net income or Pass) from special events (subtract line 9b from line 9a)

t0a Gross sales of inventory, less returns and allowances b less cost of goods sold 10b c Gross profit or Pass) horn sales of inventory (attach schedule) (subtract line 10b ham line 10a)

71 Other revenue (from Part VII, tale 103) 72 Total revenue (add lines 1d . 2. 3. 4. 5. 6c . 7. 8d . 9c. 10c. and 11)

13 Program services (from line 44, column (B)) e $ 14 Management and general (from fine 44, column (Q) $ 15 Fundraising (from line 44, column (D)) &21 16 Payments to affiliates (attach schedule)

17 Total expenses (add tines 16 and 44. column 1A11

18 Excess or (deficit) for the year (subtract line 17 from line 12) 79 Net assets or fund balances at beginning of year (from line 73, column (A))

Z 20 Other changes in net assets or fund balances (attach explanation) 1( x-27 Net assets or fund balances at end of year (combine fines 18, 19, and 20) ~ 21

For Paperwork Reduction Apt Notice, see the separate Instructions. Cat No 11282Y

1,0

What is the organization's primary exempt purpose? "- . See-Schedul.e_Part .III . . . . . . . . . . .' . . . . . . . . . . . . Program Samoa Expenses

All agan¢aLOns must describe they exempt purpose achievements in a clear and concise manner Sfate.the number meti�,m, 50 ma of dints served, pubhcatrons issued, etc Discuss achievements that are not measurable (Section 501(q(3) and (4) l+l~~~~ +1~1 organizations and 4947(ax1) nonexempt chantable trusts must also enter the amount of grants and allocations to others ) °'°~ 1 e ._.Facilities. .Pxngr-au;._?I'QYides non-residential facilities to

----- --- -- --- ------ --------- ---- ----------- --na-for-pmfit-organ37-atjvns ------ --- -- ----- ----- -- -----°------ .-~- . . . . . -------- --

(Grants and allocations $ _p_ ) 240,897

b . Skills Develoguent P+ogra+= Provides .hdbA3.atatiye_ and_ rehabilitative .

.--deve].o~auent~--transportation . and.rtK~kilxYy .seYyices_ and Grants-in-aid

.. .to.devElopmentalJ.y. df.sr7k1ed individuals .. 257,143 (Grants and allocations $ 200,000 )

(Grants and allocations $ )

d . .. . . - -- ------------- - ------- -- --- - ------ ------ -- -- - - -- -- --- ---- ' - -------- -------

' (Grants and allocations $ ) ' e Other program services (attach schedule) (Grants and allocations $ ) T Total of Program Service Expenses (should equal line 44, column (B), Program services) " 498,040 / Form ~~ (2002)

rte�, sso (2002) Paga z

Statement of all «sanaahoos meat complete oohunn (F) Cohmvn (8), (C), and (D) are required far section 501(c)(3) and (4) organizhors Functional Expenses and section 4917(a11I) norrexarot dmrlable Mists out optional for omens see page 21 of me insuucoons)

Do not mGude amounts reported on line Vy Total (13) Program (C) Marmige"'°"t (q Fuwac,B 6b, 86, 9b, 106, or 16 0l Part I SOW1005 and ed+eral

22 ~ Grants and allocations (attach schedule) (msh $ 200,nnn noncash $ ) 22 200 , 000 200,000

23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors, efc 28 Other salaries andwages 26 42,145 37,495 0 27 Pension plan contributions 27 28 Other employee benefits 28 25 1 , 192 29 Payroll taxes 30 Professional fundraising fees 30 37 Accounting tees 31 32 Legal fees 32 5 75

33 Supplies 33 920 520 34 Telephone . ~ . . , 34 644 35 Postage and shipping 35

36 Occupancy Facilities .Conttibutio 36 , -

37 Equipment rental and maintenance : . 37 A lie; A 115 38 Utilities . . 39 Travel _ 39 40 Conferences, conventions, and meetings 40 41 Interest 42 Depreciation, depletion, etc (attach schedule) 42 142 - S46 142 , 546' 43 Other expenses not covered above (tem¢e) a ---- . . . . .

-Insviranae------ -------- --- - -- - - - 43b 8 ,766 8 , 766 - - - ---- c .Psofessi.onaL.Sentices__ . . . ._ . . . . . 43c 12 , 637 12,637 d Lthes-- ------ ----- ---- -- - - -- . . . . 43d 4 402 2,364 2 , 038

---- -- ---------- 43e

44 TohfArc4aWa{addWes22Wax~h43~.Orpanl~5ais 56 -0-ampkruiy CAM (BE PA am these routs to am f3-fs qa 519 , 796 , 498,040 21,7

Joint Costs. Check " [] A you are following SOP 98-2 Are any joint costs from a combined educational campaign and (undraisng solicitation reported m (B) Program semces7 " El Yes 0 No n 'Yes; order () tfie aggregate amount of these jant costs $-, u the enwunt allocated to Prpgram winces S nm the amount allocated to Management and general S . and IIv1 the amount allocated to Fundralsina S

Fmn 990 80021. Fags 3

Balance Sheets (See page 24 of the instructions )

,d w) ~ year

inn 212,082 -

2 .032

27 .446

--

66 Total liabilities add lines 60 through 65) .

OrgamzaLOris that follow SFAS 117, check here " El and complete fines m 67 through 69 and lines 73 and 74

67 Unrestricted . 68 Temporary restricted

m 69 Permanently restricted °c Organizations that do not follow SFAS 117, check here " C1 and ii complete lines 70 through 74 `0 70 Capital stock, trust principal . or current funds

71 Paid-in or capital surplus, or land, building, and equipment fund m 72 Retained earnings, endowment . !accumulated income, or other funds

a 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, column (F) must equal line 19, column (B) must equal line 21)

Note : lMWra required, attached schedules and amounts within the description column shaild be for endoFyear amounts only

45 Cash--non-interest-beanng 46 Savings and temporary cash investments

47a Accounts receivable b Less: allowance for doubtful accounts

48a Pledges receivable b Less allowance for doubtful accounts

49 Grants receivable 50 Recervables from officers, directors, trustees.' and key employees

(attach schedule) 51a Other notes and loans receivable (attach

r schedule) . , _ 51a b Less . allowance for doubtfuf~accounts . . 51b

52 Inventories for sale or use 63 Repaid expenses and deferred charges 54 Investments-secunties (attach schedule) . " ffCost ~ FMV 55a Investmerits--4and, buildings, and

equipment basis b Less accumulated depreciation (attach

schedule) 58 Investments-other (attach schedule) 57a Land, buildings, and equipment: basis b Less: accumulated depreaatron (attach

schedule) 58 Other assets (descnbe " )

60 Accounts payable and accrued expenses 61 Grants payable 62 Defamed revenue

m 63 Loans from officers, directors, trustees, and key employees (attach schedule)

m 64a Tax-exempt bond liabilities (attach schedule) b Mortgages and other notes payable (attach schedule)

65 Other liabilities (describe " )

NV Beginning or yam.

Form 990 is available for public inspection and, fpr some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization m such cases may be determined by the information presented on it return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments

4 ~ Reconciliation of Revenue per Audited

Financial Statements with Revenue per Return (See page 26 of the instructions )

a Total revenue, gains, and other support per audited financial statements " a c

b Amounts included on line a but not on line 12, Form 990

(i) Net unrealized gains on investments $ $0,264

(2) Donated services and use of facilities $

(3) Recoveries of prior year grants

(4) Other (specify)

Add amounts on lines (1) through (4) " b 1

i a Total expenses and losses per audited

financial statements f

b Amounts included on line a but not on line 17, Form 990

i (1) Donated services and use of facilities $ i

(2) Prior year adjustments i i reported on line 20,

Form 990 (3) Losses reported on

line 20, Forth 990 $ (4) Other (specify)

$ Add amounts on tines (1) through (4)"

Forth 990

Reconciliation of Expenses per Audited Financial Statements with Expenses per

c Line a minus line b " c .S I t aty c Line a minus line b d Amounts included on line 12, d Amounts included on line 17,

Form 990 but not on line a: Form 990 but not on line a: (1) Investment expenses (1) Investment expenses

not included on line not included on line 6b, Form 990 $ 6b, Form 990

(2) Other (specify) ----- (2) Other (specify) --

- Add amounts on lines (1) and (2) " d - - Add amounts on lines (1) and (2) " d -0-

e Total revenue per line 12, Form 990 e Total expenses per line 17, Form 990 519 , 796 line c lus line " e 3~2 .829 ine c plus line " e

List of Officers, Directors, Trustees, and Key Employees (list each one even d not compensated, see page 26 of the instructions )

(A) Name and address I8) Ttle and 6veraga hours per (C ~ ~~ m ~°°~ ~ 8 acr~nt amend other k devoted wee to Poston -0- OAartG ellw

F_ John Schifferla. Chairman 120 Meridian Cir .#Z10, Rochester 146 1 8 3 his . 0 0 0

Art Russell . . . . . . . . Director 8 Creek Ln . Rochester 14625 3 hxs . 0 0 0 Don Sasso . Dir . S Sect'/Tre

1 .Plaza Rochester 1461 3 hrs . 0 0 0 Marie. Yasile President "4(1 Tnhav R,mk_Pitt-,ford 14534 3 hrs . 0 0 0

75 Did any officer, director, trustee, or key employee receive aggregate compensation of mare than $100,000 from your organization and all related organizations, of which more than $10,000 was provided by the related organizations " 0 Yes ,K No If "Yes," attach schedule-see page 26 of the instructions

Forth 990 (2002)

c Enter Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 " N/A

d Enter Amount of tax on line 89c, above, reimbursed by the organization N/A 90a List the states with which a copy of this return is filed " . . . . . . . . . . . . . . . . . . . . . . . . . b Number of employees employed in the pay Period that includes March 12, 2002 (See instructions ) 19013 I

91 me books are in care of " . Luana Rosstaach . . . . Telephone no " ( 585 . ) 359-31L0 - -Located at " 100 Groton Pkwy . Rochester, NY __ ZIP + 4 t 14623-4589

92 Section 4947(a)(t) nonexempt charitable trusts filing Form 990 in heir of Form 1041-Check here and enter the amount of tax-exempt interest received or accrued during the tax year t I 92 I N/A

F«m 990 (2002)

F«m sso (2002) . Page 5

76 Did the organ¢atan engage m arty actmty not pievaush"reported to the IRS7 If 'Yes,' attadi a detaled desaip6m of each actmly 77 Were any changes made in the organizing a governing documents but not reported to the IRS? 77 X

If "Yes," attach a conformed copy of the changes ~i 78a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this retum7 78a X

b If "Yes," has it filed a tax return on Form 990-7 for this year? 78b X 79 Was there a liquidation, dissolution, termination, a substantial contraction during the year? If 'Yes.' attach a statement 79 BOa Is the organization related (other than by association with a statewide or nationwide organization) through common ~i

membership, governing bodies, trustees, officers, etc, to any other exempt a nonexempt organization? 803 b If 'Yes,' enter the name of we organization " . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -----

----- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . and check whether it is El exempt or 0 nonexempt

81a Enter direct or indirect political expenditures . See line 81 instructions 18181 N/A b Did the organization file Forth 112aPOL for this yeaft 81b X

8?a Did the organization receive donated services or the use of materials, equipment or facilities at no charge or at substantially less than fair rental value? . 82a

b If 'Yes,' you may indicate the value of these items here Do not include this amount as revenue m Part I or as an expe7 m Part II . (See instructions in Part III ) 182b V

83a Did the organization comply with the public inspection requirements for returns and exemption applications? b Did the organization comply with the disclosure requirements relating to quid pro quo contributions? 83b X

84a Did the organization solicit any contributions a grits that were not tax deductible? . . . . 84a X b Ii "Yes; did the organization include wAh every solicitation an express statement that such contributions WE NO wo

or gifts were not tax deductible? N/A 85 501(c)(4), (5), or (6) organizations a Were substantially all dues nondeductible by members? . N/A b Did the organization make only in-house lobbying expenditures of E2,000 or less? . N/A 8Sb

If "Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization e organization ts received a waiver for proxy tax owed for the prior year

N A c Dues, assessments, and similar amounts from members 85C 1 N/A N A d Section 162(e) lobbying and political expenditures = 1 N LA

85

to gan'7

N A e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices ~/A

N A If Taxable amount of lobbying and political expenditures Qine 85d less 85e) 95f N/A

I

I

'a

g Does the organtzation elect to pay the secbon 6033(e) tax on the amount on line 85f? h If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f its line 85f its

reasonable estimate of dues allocable to nondeductible lobbying and poldical expenditures for the following tax following tax to its to to N/A year?

t'

0

n

r 86 501(c)(7) orgs Enter a Initiation fees and capital contributions included on line 12 86a N/A m lo Gross receipts. included on line 12, for public use of club facilities 86b N/A

87 501(c)(12) orgs Enter a Gross income from members or shareholders 17a N A

b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) 87b A

88 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or or f partnership, or an entity disregarded as separate from the organization under Regulations sections 0

301 7701-2 and 301 7701-3? If "Yes." complete Part IX ;88X 89a 501(c)(3) organizations Enter Amount of tax imposed on the organization during the year under,'

section 4911 " , section 4912 " , section 4955 b 501(c)(3) and 507(c)(4) orgs Did the organization engage in any section 4958 excess benefit transaction

during the year or did it become aware of an excess benefit transaction firm a prior year? If "Yes," attach a statement explaining each transaction 89b X

Please G Sign

Signature of oKCa Here MpA/LT J~ /)A / /~!I / ,

Type w print name and title

Paid Preparers F,m,s ~,a,~~ Use Only n seu~,nPayam

address end 21P + 4 1

Ri~Wm

Form 990 (20021 Page B

Note : Enter gross amounts unless otherwise Unrelated business income Excluded by section 512, 519, or 514 (E) Related a

indicated - (A) (B) (C) (D) exempt function 93 = ,vice revenue ~'~ ~e Amount Eichsnn code Amount

a l~ti .r

income

43 b c - d e f Medicare/Medicaid payments g Fees and contracts from government agencies

94 Membership dues and assessments 95 Interest on sarongs and temporary cash investments 14 (62,154)

' 96 Dividends and interest from securities . , 97 Net rental income or poss) from real estate a debt-financed property b not debt-financed property . ~

98 Net rental income or (loss) from personal properly 99 Other investment income . .. 100 Gain or (loss) from sales of assets other than inventory 101 Net inCOme or Qoss) from special events 102 Gross profit or poss) from sales of inventory 103 Other revenue . a

b c d e

104 Subtotal (add columns (B), (D), and (~) ( 62 , 354 ) 10.5 Total (add line 104, columns (B), (D), and (Q. ~ . . , , . " 372,829 Note: Line 105 plus Irne Id, Part l, should equal the amount online 12, Part l. LiEEM Relationship of Activities to the Accomplishment of Exempt Purposes See e 32 of the instructions

Lrtne No. Explain how each activity for which income s reported in column (E) 01 Part VII contributed importantly to the accomplishment 01 the organization's exempt purposes (other than by providing funds for such purposes).

Information Regarding Taxable Subsidiaries and Disregarded Entities See e 32 of the instructions.) E)

Name, address, and ~E1N of corporation, Per~tega o1 Nature of ectrvrties Total ~lncome End4f-year rshf , or disregarded en ownership interest assets

010

(a) ad the organization, during the year, receive any finds, dimctlf or Indirectly, (6) Did the organization, dunng the year, pay premiums, directly Note : 11 'Yes' to , ale Form 8870 and Form 4720 see msfruc

Under pen Whes of par/ury, l declare that 1 have eramned Ws (stun, Yxl and ba4ef, h is true cortect, and canPlete Declaration of pepare loth

SCHEDULE A Organization Exempt Under Section 501(c)(3) OMB No 154&-0047

(Form 996 Of 990-E4 (Except )PrnatSCChon

asa~~a)(7endSection P5011Chanfabla Trust ~ ~ ~ t~.s'

Supplementary Information--(See separate instructions .) ' L~,VOL `n~ero~ae .~�s~ser~c~Y " MUST be completed by the above organutaLons and attached to then Forth B90 or 990-Q Hams of the orgaiu7atwn Empbyer Identification nurnber

umber of other employees paid ' ~; $50,000 1: M-11111111 Compensation of the Five Highest Paid Independent Contractors.for Protes

(See page 2 of the instructions. List each one (whether individuals or firrAs If there

(e) Name and eeeress or each independent contractor paid mae than S50 000 (b) Type of swvk e

N O N E

(c) Stan

Total number of others receiving over $50,000 for professional services

For Paperwork Reduction Act Notice, see the Instructions la Form 990 and Farm 996Q. CaL No 11285F SdedLde A (Farm 990 w B90-Fp 2002

MEW Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See age 1 of the instructions . List each one. If there-are none, enter "None

(a) Name aM adds= of each emdWee Pad more (b) Title and average tan, (d) Contributions to (a) Expense than 550.000 Per week devoted to position (c) ComPensahm mDloyee benefit Dins account arid Wher

aMerted am uon moWanco

--- - --------------- -- - ----- . . . . . . . -- G O N E r

Schedule A (Form 990 or 990-EA 2002 Page ;

Statements About Activities (See page 2 of the instructions) Yes No

7 During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If "Yes," enter the total expenses paid or incurred in connection with the lobbying activities 11~ $ (Must equal amounts on line 38, Part VI-A, or fine i of Part VI-B ) 1 Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other organizations checking "Yes," must complete Part VI-B AND attach a statement giving a detailed description of the lobbying activities

2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of then families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary? (If the answer to any question is "Yes,' attach a detailed statement explaining the transactions)

a Sale, exchange, or leasing of property? 2a

b Lending of money a other extension\of credit? 2b

c Furnishing of goods, services, or facilities?

d Payment of compensation (or payment or reimbursement of expenses d more than $7,000)7

e Transfer of any part of its income or assets?

3 Does the organization make grants for scholarships, fellowships, student loans, etc ? (See Note below ) d Do you have a section 403(b) annuity plan for your employees? 4

Note : Attach a statement to explain how the organization determines that individuals or organizations receiving grants or loans from it in furtherance of it charitable programs "qualify" to receive payments

Reason for Non-Private Foundation Status (See pages 3 through 5 of the instructions )

The organization Is not a private foundation because it is (Please check only ONE applicable box )

5 El A church, convention of churches, or association of churches Section 170(b)(1)(A)0i 6 0 A school Section 170(b)(1xA)C) (Also complete Part V ) 7 El A hospital or a cooperative hospital service organization Section ,7oroulxwaa 8 0 A Federal, state, or local government or governmental unit Section 170(b)(1)(l)(v) 9 0 A medical research organization operated m conjunction with a hospital Section 170(b)(1)(A)(i) Enter the hospital's name, city,

and state " --- - - -i--- --- - -- - --- 10 0 M organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(bx7HF)(v)

(Also complete the Support Schedule in Part IV-A ) tta ~ An organization that normally receives a substantial part of it support from a governmental unit of from the general public

Section 170(b)(1)(/)(v) (Also complete the Support Schedule in Part IV-A.) 11b ~ A community trust Section 170(b)(1)(A)(v) (Also complete the Support Schedule in Part IV-A ) 12 ~ M organization that normally receives (1) more than 33'/,°/a of it support from contributions, membership fees, and gross

receipts from activities related to it charitable, etc , functions-subject to certain exceptions, and (2) no more than 33%,°/, of its support horn gross investment income and unrelated business table income Qess section 511 tax) from businesses acquired by the organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

13 ~ M organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in (7) lines 5 through 12 above, or (7) section 501(c)(4), (5), or (6), d they meet the test of section 509(a)(2) (See section 509(a)(3) )

Provide the following inform lion about the supported organizations (See page 5 0l the instructions )

(a) Name(s) of supported organization(s) (b) Line number from above

14 El M organization organized and operated to test for public safety Section 509(a)(4) (See page 5 of the instructions ) Schedule A Worm 990 or 990-EZ! 2002

c Add Amounts from column fwl la lines 75 1 . 599,005 16 -0- ' -, n _3...6.18.?98 . 20 -0- 21 -4- .713,113

d Add line 27a total 7RF _7H1 and line 27b total 1,.~.i,159 - . 1- Ted W e Public support Dine 27c total minus line 27d total I,, - " " 27e i -362:r173 f Total support for section 509(a)(2) test Enter amount from line 23, column (e) 127fl3 .399,861 W//, g Public support percentage pine 27e (numerator) divided by line 27f (denominator) " 27 -3 2 .4 % h Investment Income percentage pine 18, column (e) (numerator) divided by line 27f (denominator)) " p7h -5 .8 %

28 Unusual Grate: For an organization described m line 10, 11, or 12 Mat received any unusual grants during 1998 through 2001, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return. Do not include these grants m line 15

ScheWde A (Forth 990 or 89o-EM 2002

scn~aaa n ~«m 9W « 990-~ 20W ~, 3

SuaiiF pport Schedule (Complete only it you checked a box on line 10, 11, a 12 ) Use cash method of accounting. Note : You may use the worksheet in the instructions for converting hom the scwal to the cash method of accounting Calendar year (or fiscal year beginning m) " (a) 2001 (b) 2000 (c) 1999 (~ 1998 (e) Total 15 Gills, grants, and contributions received (Do

not include unusual grants Seeline 28) -~- 43,918 849,059 702,028 1,595,005 16 Membership fees received 17 Gross receipts from admissions. merchandise

sold w services performed, w fumishing of , facilities in arty activity that s related to the organ¢ation'schantabfe,etc,purpose 435,183 435,185 403,605 344,135 1.Y~18,108

18 Gross income from interest, dividends, amounts received from payments on securities bans (section 512(aK5)), rents, royalties, and - unrelated business taxable income Qess sedan 511 taxes) from businesses acquired by the organvauon after June 30, 7975 11,683 57,670 64,436 53,043 186,832

19 Net Income from unrelated business activities not included in line 18 ~ .

20 Tax revenues lowed for the org vahon's benefit and either paid to if a expended on its behalf

21 the value of services or facilities turnislied to the organization by a governmental unit without charge Do not include the value of winces or facilities generally fumished to the public without charge

22 Other Income. Attach a schedule. Do not

23 Total of hoes 15 through 22 446 866 536 , 773 1 , 317 . 020 1 . 09! 24 Line 23 minus hoe 17 71 .683 101 .888 913 .395 75' 25 Enter I% of line 23 4 4(;a 5, -A68 1-4 1-70 1 1( 26 Organizations described on lines 10 or 11 : a Enter 2% of amount in column (e), hoe 24 b Prepare e list for your records to show we name of and amount contributed by each person (other than a

governmental and or publicly supported organisation) whose total grits for 7998 through 2001 exceeded the amount shown m line 26a. Do not file this list with your return. Enter the total of all these excess amounts 1~

e Total support for section 5090(1) test Enter line 24, column (e) . d Add Amounts from column (e) to lines 18 19

22 26b e Public support Dine 26c minus line 26d total f Public support percentage pine 28e (numerator) divided by line 28c (denominator))

27 Organizations described on line 12" a For amounts included m lines 15, 16, and 17 that Jtere received from a 'disqualified person,' prepare a list for your records to show the name of, and total amounts received in each year from, each "disqualified parson.' Do not file this list with your return. Enter the sum of such amounts for each year

(2001) .. . . :70 . . . . . . . . . . . . . . . (2000) _ ._ 50,000_ .___ ._ _ , (1999) ___10,000 ~ -- -- ---- -- (i sad -- ---- 206---,781 b For arty amount included m line 17 Neat was received from each person (other than 'disqualified persons', prepare a list for your records to

show the name of, end amount received for each year, that was more than the larger of (7) the amount on line 25 for the year a (2) $5,000 . Qnclude In the 151 organizations described In lines 5 through 11, as well as individuals ) Do not file this Gst witty your return. After cornpuhng the difference between the amount received end the larger amount described m (1) or (2), enter the sum of these differences Te excess errrounts) for each year e (2001) ,_ .430,715_ . . . . . _ _ (2000) __429,817 (tyyy) 390,434 ~___ (1998) 333,193-

Schedule A (Forth 990 or 990-En 2002 NBA Page

Private School Questionnaire (See page 7 of the instructions) (fo be completed ONLY by schools that checked the box on line 6 in Part IV)

29 Does the organization have a racially nondiscnminatory policy toward students by statement in its charter, bylaws, other govemmg instrument, or in a resolution of its governing body?

30 Does the organization include a statement of its racially nondiscnminatory policy toward students m all its brochures, catalogues, and other written communications with the public dealing with student admissions, programs, and scholarships?

31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the penod of solicitation for students, or dunng the registration penod d it has no solicitation program, m a way that makes the policy known to all parts of the general community it serves If "Yes," please describe . if "No " please explain (if you need more space, attach a separate statement )

32 Does the organization maintain the fpllowing a Records indicating the racial composition of the student body, faculty, and administrative staff? b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? c Copies of all catalogues, brochures, announcements, and other wntten communications to the public dealing

with student admissions, programs, and scholarships? d Copies of all material used by the organization or on its behalf to solicit contnbutions?

If you answered "NO" to any of the above, please explain (If you need more space, attach a separate statement )

--- -- - ---- --- --- ---- 33 Does the organization discnminate by race in any way with respect to

e Students' rights or privileges?

b Admissions policies?

c Employment of faculty or administrative staff?

d Scholarships or other financial assistance

e Educational policies?

f Use of facilities?

g Athletic programs?

h Other extracurricular activities?

If you answered "Yes" to any of the above, please explain (If you need more space, attach a separate statement )

34a Does the organization receive any financial aid or assistance from a governmental agency?

b Has the organization's right to such aid ever been revoked or suspended? If you answered "Yes" to either 34a or b, please explain using an attached statement

35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 OS of Rev Proc 75-50, 1975-2 C B 587, covering racial nondiscrimination? If "NO." attach an explanation

Schedule A (Form 990 a

SUiedide'A (Form 990 a 990.EZ12001 Lobbying Expenditures by Electing Public ChanUes (See page 9 (To be completed ONLY by an eligible organization that filed Form

Check " a Ej d the organization belongs to an affiliated group Check " b E] d you check

Limits on lobbying Expenditures

(The term 'expenditures' means amounts paid w incurred ) N/A

38 Total lobbying expenditures to influence public opinion (grassroots lobbying) 37 Total lobbying expenditures to influence a legislative bocYy (direct lobbying) 38 Total lobbying expenditures (add hoes 36 and 37) 39 Other exempt purpose expenditures 40 Total exempt purpose expenditures (add lines 38 and 39) 41 Lobbying nontaxable amount Enter the amount from the following table -

H the amount on fine 40 is- The lobbying nontaxable amount is- Not over $500,000 20% of the amount on line 40 Over 5500,000 but not aver $1.000,000 , $100,000 plus 15% of the excel, over M.000 Over $7,000,000 but not over $7,500,000 \ $175,000 plus 10% of we excel over $7,000,000 Over Ei,soo,ooo an not over Sn,ooo,ooo~ $225.000 plus 5% of the excess over $1,500,000 Over $77,000,000 $1,000,000 .

42 Grassroots nontaxable amount (enter 25911 of line 41) 43 Subtract line 42 from line 36 Enter -0- d line 42 is more than line 36 44 Subtract hoe 41 from hoe 38 Enter -0- d hoe 41 is more than line 38

Caution : If there is an amount on either line 43 or line 44, you must file Form 4720

of the instructions ) i768) d °a" and 'limited oontror provisions apply

- a' I (b) Awffd-l:.W'dq~~p To be cornpleted

otaft; for ALL electing tt aganaehom

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do rat have to complete all of the five columns below

Sea the instructions to hoes 45 through 50 on oaae 11 of the instructions I

50 Grassroots

that did not complete Part VI-Al (See oaae 11 of the instructions

Calendar year (or fiscal year beginning In)

45 Lobbvinq nontaxable amount

48 Lobbying ceiling amount (150% of line

47 Total lobbying expenditures

48 Grassroots nontaxable amount

19 Grassroots calling amount (150% of line 48(e))

Lobbying Expenditures During 4-Year Averaging Period

cep ro~ c~i 1~ cep 2002 2001 2000 1999 Total

During the year, did the organization attempt to influence national, state w local legislation, including any yes No Amount attempt to influence puck opinion on a legislative matter a referendum, through the use of a Volunteers b Paid staff or management (Include compensation in expenses reported on lines c through h .) c Media advertisements d Mailings to members, legislators, w the public e Publications, a published a broadcast statements ( Grants to other organizations for lobbying purposes X g Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means 1 Total lobbying expenditures (Add tines c through h .)

It "Yes" to any of the above, also attach a statement giving a detailed description of the lobbying activities Schedule A (Fwm 990 a B90-FZ) 2002

Schedule A (Fortn 990 a 990.FZ) 2002

FMMM Information Regarding Transfers To and Transactions and RelationsFi(ps With Noncharitable Exempt Organizations (See page 12 of the instructions )

51 Did the reporting organization directly or indirectly engage m any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or m section 527, relating to political organizations?

a Transfers from the reporting organization to a noncharitable exempt organization of Yes No

(7 Cash 61a in n Other assets

b Other transactions (I) Sales or exchanges of assets with a nonchantabfe exempt organization (i1) Purchase, of assets from a nonchantable exempt organization bfnj __

(lid Rental of facilities, equipment, a other assets (Iv) Reimbursement arrangements (v) Loans a loan guarantees (vq Performance of services a membership or fundraising solicitations

c Sharing of facilities, equipment, mailing lists, other assets, or paid employees d H the answer to any of the above is, 'Yes,' complete the following schedule Column (b) should always show the fair market value d the

goods, other assets, a services grvan by the reporting organization H the organization received less than tar market value m any Van;acUon a sharing arrangement, show m column (t) the value of the goods, other assets, or winces received

62e Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(cx3)) a m section 5274 , t . " 0 Yes 0 No

PrInM m rocyUed N~ M

(e) I N1 I ' lM Nartxi of organization Type of orgarJratlon Descrlvlbn c1 rdauorddp

100 GROTON PARKWAY, INC . Employer I .D . 22-2661001

FISCAL YEAR ENDED June 30, 2003

FORM 990 SCHEDULE A

Part III Line 3

Grants made to mentally disabled and economically disadvantaged students in order to attend private school . Board Committee is assigned to determine which of economically disadvantaged students will qualify for the grant, which are all in financial need .

PART IV-A LINE 27b

Financial Statements as of June 30, 2003 Together with

Independent Auditors' Rcport

100 GROTON PARKWAY, INC. (d/b/a THE CENTER FOR EXCEPTIONAL PEOPLE)

LL-Q

INDEPENDENT AUDITORS' REPORT

September I G 2003

To the Board of Directors of 100 Groton Park-way Inc

We have audited the accompanying statement of financial position of 100 Groton Parkway, Inc (a New 5 orl . not-for-profit corporation d1b/a The Center for Exceptional People) as of June 30 2003, and the related statements of activities and change m net assets, functional expenses and cash flows for the year then ended These financial statements are the responsibility of the Company s management Our responsibility is to express an opinion on these financial statements based on our audit "[he prior year summarized comparative information has been derived from the Comparrv s 2002 financial statements and m our report dated September 17, 2002 tie expressed an unqualified opinion on those financial statements

We conducted our audit m accordance with auditing standards generally accepted m the United States Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement M audit includes examining, on a test bass, evidence supporting the amounts and disclosures in the financial statements An audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall financial statement presentation We believe that our audit provides a reasonable basis for our opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of 100 Groton Parkway Inc as of tune 30 2003 and the change in its net assets and its cash (lows for the year then ended in conformity Ruth accounting principles generally accepted m the United States

Cash and equivalents S 212 282 $ 137 579 Pledges receivable, net 27446 70 461 Other receivables 2032 2032 Investments 73,149 733 203 Property and equipment net 3 288,354 3 430 900

$ 4 265 .263 S 4 374 175

LIABILITIES AND NET ASSETS

The accompanying notes are an integral pan of these statements

-1-

100 GROTON PARKWAY, INC (dlb/a THE CENTER FOR EXCEPTIONAL PEOPLE)

STATEMENT OF FINANCIAL POSITION JUNE 30, 2003 (With Comparative Totals for 2002)

2003 2002

ASSETS

Total assets

LIABILITIES Payable to The Rochester School of the Holv Childhood, net S 27 070 S 15 813 Notes payable to The Rochester School of the Holy Childhood 237,975 267,976 Mortgage payable to The Rochester School of the Holy Childhood 623 384 646,852

Total liabilities 888,432 930641

NET ASSETS Unrestricted 3,349,336 3,415 630 Temporarily restricted 27,445 24,904

Total net assets 3 376 831 3,443 534

Total liabilities and net assets S 4,26 263 S 4 374 175

2003

SUPPORT AND KEVENUE Rental income Contributions Investment income (loss) Net assets released from restriction

Support and revenue

EXPENSES Facilities progam Skills development program

Total program expenses

Management and eeneral

Total expenses

CHANGE IN NET ASSETS BEFORE UNREALIZED GAIN (LOSS) ON INVESTMENTS

UNREALIZED GAIN (LOSS) ON INVESTMENTS

CHANGE IN NET ASSETS

NET ASSETS - beginning of year

NET ASSETS - end of year

49S,040 506 415

21 .756 57 3S2

519,796 563 797

498,040

21,756

519,796

(149.50S) 2,541 (146,967) (97 90S)

80,264 - 80,264 (S1 335)

(69244) 2 541 (66,703) (179 243)

3,415,630 24 904 3,443 534 3 622 777

S 3 349386 S 27,445 S 3,376 S31 5 3 443 534

The accompanying notes are an integral part of these statements

100 GROTON PARKWAY, INC . (dlbla THE CENTER FOR EXCEPTIONAL PEOPLE)

STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS FOR THE YEAR ENDED JUNE 30, 2003 (With Comparative Totals for 2002)

Temporarily Unrestricted Restricted

5 435 .1S3 S -

(8-1295) 21 944 19 403 (19403

370 288 2 541

240,897 257,143

2002 Total Total

S 435 .153 5 435 1S3 - 19 023

(62354) 1I 6S3

372 S29 465 8S9

240,897 300 6S4 257 143 205 731

100 GROTON PARKWAY, INC (dlbla THE CENTER FOR EXCEPTIONAL PEOPLE)

STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED JUNE 30, 200] (With Comoaratrve Totals for 2002)

Skills lutal AlmagLnicm laulil¢s Ue,clopnicnl Vrugmm and

' ua n m j,xnen,u C_Snyril

s - s - 5 200 00() a 200,000 177 836 4,710 142 546 - 69 797 - GY 797 -

- 77,495 37 495 4 650 20,009 - 20 009

7 254 9 259 1 192 R 7bG - A 7hfi

- - - 12 637 416 5 679 6115 -

I 699 - I 089 - - 644

- - - 520 - - - 75

PL ucnlagt of local

38 4 R' ;6 5 ~Sp 0110 '" n 27 42% 1a7 7.3 13 43-r 72 235 8 1 1°,5. 3698a e RS;. 26401 2U1 � Y129 I 69'S, 4 660 24iS5~ 15 11')3 I 18% 17 261 U J2% I 144 U 12 :6 1:0 U 10 -1 . 1; 10

001;;, 1,597 U 00 11. . 45 801 0 00".5 . 2J 052 JNS':~ 1086b

I I)f7 .11I S SGJ 797

loin I CI

O unu 14 . SaG

69 777 a. 145 20 01)0 10 451 R 766 12,637 G 115 1 699 644 520

75

s

l alas cxpcnses L Imp L'°

7 he acLompan5 mg notc4 aic an mlcgt al pan of ihca sistLmcnts

)-

Gianl-m-mJ

DLprec1011011

IOtcrcsl on ntOrlFagc

Payrol I

Interest on noses payable CnipWycc benefits dnJ pavioll mrLs Inswancc Professional scrviLCS Rcpaus and mauvaianic Utilities l cleplmnc Supplies Legal Facilities contribution Provision for bad debts

Other

2003

2 364 2364 2 038 4,402

5 240,897 S 257,143 S 498040 5 21756 S 510,796

2002

I'ucuuagl of

L10ll15L5 ;s'

26 20".~~ 1 2 A I';.. bSJ1a 7q'~,

I J .1 "" 11 R)";, 1 69': . . 0(i;(.

U 2U ;, U Uh :4 V V4",6 11 Jb'1" Y 12':S4 27i� I 'JJ' :�

2003 2002

(405 285) (20076) 399 377 14 SSG

(14S403)

(5 908) (153 623)

44620 (29998) (23468)

(8846)

74 70;

137 579

212 282

5 99906

123, 153 (79,771) (21 033)

22 349

(101 038)

238617

5 137 579

9S726

NET CHANGE IN CASH AND EQUIVALENTS

CASH AND EQUIVALENTS - beginning of year

CASH AND EQUIVALENTS - end of year

SUPPLEMENTAL DISCLOSURE Cash paid during the year for interest

4-

100 GROTON PARKWAY, INC . (dlb/a THE CENTER FOR EXCEPTIONAL PEOPLE)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2003 (With Comparative Totals for 2002)

CASH FLOWS FROM OPERATING ACTIVITIES Change m net assets Adjustments to reconcile change m net assets to net cash provided by operating activities Restricted contributions Depreciation Provision for bad debts Unamortized pledge discount Realized loss on investments Unrealized (gam) loss on investments Changes in Payable to The Rochester School of the Holy Childhood, net

Net cash (low from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES Purchases of investments Proceeds from sale of investments Capital expenditures

Net cash flow from investing activities

CASH FLOWS FROM FINANCING ACTIVITIES Collection of pledges receivable Payments on notes payable Payments on mortgage payable

Net cash (low from financing activities

S (66703) S (179 243)

- (19023) 143 546 147 733

- 24052 (1 605) (18 S23) 84226 12 219 (8026-1) 5133

11 257 (18014) 89457 30 236

The accompanying notes are an integral part of these statements

100 GROTON PARKWAY, INC. (d/b/a THE CENTER FOR EXCEPTIONAL PEOPLE)

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2003

ORGA,N17A I'10\

100 Groton Parkway Inc (the Company) is a not-for-profit organization incorporated m the State of New York The Company was established to provide nonresidential facilities to not-for-profit oreanitauons to assist m the habihtauve and rehabilitative development of mentally retarded individuals in the iReater Rochester area fhe Company also provides transportation, mobility and .rant-m-aid services to developmentally disabled individuals through it Skills Development Program

SU41MAR\' OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Accounting -

The accompanying financial statements are prepared m conformity with accounting principles generally accepted m the United States

Financial Reporting -

'Me Company categorizes net assets and activities as unrestricted and temporarily restricted There are no permanently restricted net assets The Company reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit the use of the donated assets or are subject to time restrictions When a donor restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets and reported m the statement of activities as net assets released from restrictions Restricted contributions received m the same year in which the restrictions are met are recorded as an increase to restricted support at the time of receipt and as net assets released from restrictions

Temporarily restricted net assets at June 30, 2003 consist of funds received which are restricted to finance capital additions Net assets released from restriction were used for this purpose

Comparative Information -

The financial statements include certain prior-year summarized information m total but not by net asset class Such information does not include sufficient detail to constitute a presentation in conformity with generally accepted accounting principles Accordingly, such information should be read in conjunction with the Company s financial statements for the year ended June 30 2002 from which the summarized information was derived

Contributions -

Contributions are considered to be available for unrestricted use unless specifically restricted by the donor Contributions are recorded on an accrual basis when the amount is determinable

3.

Investments consisted of the following at June 30

Cash equivalent U S government and agency bonds Bond mutual funds Common stocks Equity mutual funds

$ 735 149 733 203

-6-

SUA7MARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Cash and Equivalents -

Cash and equivalents include both bank accounts and highly liquid investments %vuh a remaining maturity at the date of purchase of three months or less The Company maimams its cash and equivalents m bank accounts which at limes, may exceed federally insured limits and m money marked accounts that are not federally insured The Company has not e\penenced any losses in such accounts and believes it is not exposed to any significant risk on cash and equivalents

Property and Equipment

Property and equipment is stated at cost or at the fair market value at the date of donation Depreciation is computed on the straight-line method over the estimated useful lives of the assets which range from three (3) to forty (40) years The Company capitalizes purchases of fired asses which have a cosh ereater than or equal to $I 000

Investments -

Investments are stated at fair value based on quoted market prices

Donated Services -

A number of volunteers have donated significant amounts of time m support of the Company's program services However, the value of these services is not reelected m the accompanying financial statements as these services do not meet the criteria for recounition

income Taxes -

The Company is a not-for-profit corporation and is exempt from income taxes as an organization qualified under Section 501(c)(3) of the Internal Revenue Code "ilie Company has also been classified by the Internal Revenue Service as an entity that is not a private foundation

Estimates -

The preparation of financial statements to conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes Actual results could differ from those estimates

INVESTMENTS

2003

GI 892 38449 197.19; 278678 15S 93.

2002

108,421 102,865 150660 371 257

Propem' and equipment consisted of the following al June 30

4,947 513 4,947 513

(1 659.19) (1 516613 )

$=_ 3 .288 351 S 3430900

5 PLEDGES RECEIVABLE

7-

3 1 \'\'ESTM ENTS (Continued)

Nei mNesiment income (loss) consisted of the following for the years ended tune ;0

2003 2002

Dividends and interest S 21 872 S 23 902 Realized losses (S4 22G) (f2 219 )

(62,3>4) 11 683

Unrealized -,am (loss) SO 264 (S1 335 )

Total gam (loss) on investments 5--~= 17 910 S (69652)

Investment fees totaled $3 693 and $5 307 for the years ended June 30 2003 and 2002 respectively

4 . PROPERTYAND EQUIPMENT

Land Buildinus Building improvements Land improvements Vehicles Equipment

Less accumulated depreciation

2003

S 5 800 4 223 436 269 X73 344 412 S I 360 22 423

2002

5 800 -I .23 4-3G ?69,57 344,412 si 860 22423

In 2000 and 1999, the Company received pledges through us "Campaign ?000 to finance the construction of a therapeutic pool These pledges are payable over five years from the ongmal pledge date

Campaign pledges were recorded as temporarily restricted contributions when pledged net of unamorozed discount using an imputed interest race of 6 75°/n Campaign pledges outstanding at lung 30 2003 are as follows

Due within one vear S 22 0;; Thereafter 11 S1S

33 851 Less Allowance for uncollectible pledges (4,500) Unamornzed discount (1 605 )

5 77446

G

2003 2002

Less Current portion (264 162 ) (?9144-}

597,200 S = 6 3 384

-S-

"PHE ROCHESTER SCHOOL OF THE HOL) CHI LDHOOD TRANSACTIONS

In 2003 and 2002 the Company provided scholarships for In economically disad%3nla.-,ed student-, of the Rochester School of the Holy Childhood Inc (the School) the scholarships totaled 5200000 and $150 000 respectively, and were used to Supplement the Boa of the students education

The Company leases facilities to the School The School is a not-for-profit organization providing educational vocational treatment, and guardianship sei-vices to mentally retarded mdn"iduals

The Company received a mortgage from the School to help finance the facilities a leases to the School The lease includes options for two additional five-year rene%%als through December 201-3 with rent adjustments for changes m the consumer pace mde\ (CPI) Rental income for she years ended June 30 2003 and 2002 was 543 1 83

In 1999 the Company began a capital campaign Campaign 2000' to finance the construction of a therapeutic pool As pan of this campaign the School provided bridge financing to the Company m the form of notes payable

Note payable to the School on demand, with interest at the prime rate (4 25°/u at June 30, 2003)

Mortgage payable to the School m monthly installments of $7 788 includine interest at I 1 0% throueh Au=ust 2015

S 237 978 S 267976

623 384 646852

961 362 914S28

Principal repayments under the terms of the mortgage payable are as follows for the years ending June 30

2004 S 26 184 200 29213 2006 32 594 2007 36365 zoos 40 573 Thereafter 458455

S 623 354

Unrealized Loss on Investments $80,264

100 GROTON PARKWAY, INC . Employer I .D . 22-2661001

FISCAL YEAR ENDED June 30, 2003

FORM 990

PART I LINE 20

PART II LINE 22

To educate the economically disadvantaged and mentally disabled children

c)

PART II LINE 42

Building & Grounds

Vehicles

TOTAL

100 GROTON PARKWAY, INC . Employer I .D . 22-2661001

FISCAL YEAR ENDED June 30, 2003

FORM 990

a)

b) School of the Holy Childhood, Inc . 100 Groton Parkway Rochester, NY 14623

Donee is a private institution

FORM 990

Depreciation :

$200,000

$137,837

4,709

$142,546

The organization was established to provide nonresidential facilities to not-for-profit organizations to assist in the habilitative and rehabilitative development of mentally handicapped individuals .

100 GROTON PARKWAY, INC . Employer I .D . 22-2661001

FISCAL YEAR ENDED June 30, 2003

FORM 990

PART III

PART N LINE 57b

COST ACCUM DEPRECIATION

Land Land Improvements Building Bldg Improvements Vehicles Equipment

Total

PART IV LINE 64b

$861,362

100 GROTON PARKWAY, INC Fed ID 22-2661001 FISCAL YEAR ENDED June 30 2003

FORM 990 PART N LINE 54

State of Israel Bonds $40,000 (Cost approximates market)

Fleet Investments

US Government & Agency $38,449 Equities $278,678 Mutual Funds $356,730 Other $61,892

Total $735,149

$5,800 $344,412 $4,223,446 $269,572 $81,860 $22,423

$4,947,513

-$193,990 X1,179,737 $181,402 -$81,860 -$22,170

-$1,659,159

i

Mortgage Payable

The mortgage payable is due in monthly instalments of $7,788 46 including interest at 11 % and matures in August 2015

Note Payable to School of we holy Childhood

Short-term mornes borrowed to pay for theraputic pool building Interest is at prime

Total

NET

$5,800 $150,422 $3,043,709 $88,170

$0 $253

$3,288,354

$623,384

$237,978