Civic Intelligence

Southern Kennebec Child Development Corporation

990 • Fiscal year 2017 • EIN 01-0285449

Jun 01, 2016 to May 31, 2017 • Filed on Aug 31, 2017

337 Maine AvenueFarmingdale, ME 04344

(207) 582-3110

Siviq Scores

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

Liabilities / Assets

60th percentile

0.17x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.09x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

39th percentile

0.0%

Higher net margin than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

64th percentile

$88,992

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

57th percentile

5.5%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

2.3%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,209,028

Up $115,790 (+5.5%) from 2016

Net Assets

Up

$1,824,294

Up $879 (+0.0%) from 2016

Liabilities

Up

$384,734

Up $114,911 (+43%) from 2016

Revenue

Up

$4,216,792

Up $95,578 (+2.3%) from 2016

Expenses

Up

$4,215,913

Up $52,876 (+1.3%) from 2016

Net Income

Up

$879

Up $42,702 (+102%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $2,306,165Liabilities 2012: $271,160Net Assets 2012: $2,035,0052012Assets 2013: $2,216,063Liabilities 2013: $288,529Net Assets 2013: $1,927,5342013Assets 2014: $2,237,098Liabilities 2014: $285,484Net Assets 2014: $1,951,6142014Assets 2015: $2,101,581Liabilities 2015: $236,343Net Assets 2015: $1,865,2382015Assets 2016: $2,093,238Liabilities 2016: $269,823Net Assets 2016: $1,823,4152016Assets 2017: $2,209,028Liabilities 2017: $384,734Net Assets 2017: $1,824,2942017Assets 2018: $2,297,941Liabilities 2018: $472,412Net Assets 2018: $1,825,5292018Assets 2019: $2,316,808Liabilities 2019: $368,899Net Assets 2019: $1,947,9092019Assets 2020: $2,362,678Liabilities 2020: $263,489Net Assets 2020: $2,099,1892020Assets 2021: $2,433,965Liabilities 2021: $331,127Net Assets 2021: $2,102,8382021Assets 2022: $2,781,085Liabilities 2022: $625,159Net Assets 2022: $2,155,9262022Assets 2023: $3,377,617Liabilities 2023: $967,815Net Assets 2023: $2,409,8022023Assets 2024: $3,378,283Liabilities 2024: $710,111Net Assets 2024: $2,668,1722024Assets 2025: $3,637,763Liabilities 2025: $609,210Net Assets 2025: $3,028,5532025

Highlighted filing

2017

Assets$2,209,028
Liabilities$384,734
Net Assets$1,824,294

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $4,742,792Expenses 2012: $4,709,945Net Income 2012: $32,8472012Revenue 2013: $4,070,315Expenses 2013: $4,098,876Net Income 2013: -$28,5612013Revenue 2014: $3,878,972Expenses 2014: $3,854,892Net Income 2014: $24,0802014Revenue 2015: $3,896,109Expenses 2015: $3,911,595Net Income 2015: -$15,4862015Revenue 2016: $4,121,214Expenses 2016: $4,163,037Net Income 2016: -$41,8232016Revenue 2017: $4,216,792Expenses 2017: $4,215,913Net Income 2017: $8792017Revenue 2018: $4,335,796Expenses 2018: $4,334,561Net Income 2018: $1,2352018Revenue 2019: $4,723,232Expenses 2019: $4,643,167Net Income 2019: $80,0652019Revenue 2020: $4,973,172Expenses 2020: $4,821,892Net Income 2020: $151,2802020Revenue 2021: $5,183,775Expenses 2021: $5,180,126Net Income 2021: $3,6492021Revenue 2022: $5,060,719Expenses 2022: $4,996,356Net Income 2022: $64,3632022Revenue 2023: $4,868,995Expenses 2023: $4,601,378Net Income 2023: $267,6172023Revenue 2024: $5,705,642Expenses 2024: $5,496,637Net Income 2024: $209,0052024Revenue 2025: $5,998,337Expenses 2025: $5,692,468Net Income 2025: $305,8692025

Highlighted filing

2017

Revenue$4,216,792
Expenses$4,215,913
Net Income$879
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Aug 31, 2017
Return Version
2016v3.0
Gross Receipts
$4,216,792
Mission and Program Overview

Mission

Provide or facilitate the development of comprehensive developmentally appropriate programs for children through an integrated family-focused service delivery system to promote school readiness and long term success. Promote family partnerships that recognize those who parent as the primary educators, nurturers, and advoctes for their children, that encourage a meaningful role in decision making and other parent training/involvement opportunities. Provide and support the development of quality, accessible, flexible, affordable early care and education options designed to address the child care needs of income eligible families that support economic self- sufficiency. Expand existing collaborative and partnership efforts with state, public school systems, community agencies and early care providers to increase and enhance quality services and positive outcomes for children and families. Provide or sponsor training and professional development opportunities for staff and providers. Provi

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$892,454$884,220▼ $8,234
Savings and Temporary Cash Investments$881,646$881,695▲ $49
Pledges and Grants Receivable$252,468$390,161▲ $137,693
Prepaid Expenses and Deferred Charges$45,467$36,355▼ $9,112
Accounts Receivable$21,103$16,497▼ $4,606
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$2,093,238$2,209,028▲ $115,790
Liabilities
Accounts Payable and Accrued Expenses$252,278$337,937▲ $85,659
Deferred Revenue$17,545$46,797▲ $29,252
Total Liabilities$269,823$384,734▲ $114,911
Net Assets / Fund Balance
Unrestricted Net Assets$1,823,415$1,824,294▲ $879
Total Net Assets Fund Balance$1,823,415$1,824,294▲ $879
Total Liabilities and Net Assets / Fund Balance$2,093,238$2,209,028▲ $115,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$687,822$508,402$1,196,224
Equipment$15,180$350,326$365,506
Land$130,000-$130,000
Other Land Buildings$17,485$49,157$66,642
Leasehold Improvements$33,733$500$34,233
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cristina SaloisAgency DirecFT$79,424$9,568$88,992
Monique MorinFinance DireFT$54,746$8,928$63,674

Board Members and Trustees

NameTitle
Staci FortunatoPresident
Amanda NeagleDirector
Amber RogersDirector
Amy AbbottDirector
Angela MorganDirector
Laurie GliddenDirector
Leah EsteyDirector
Linda RileyDirector
Nancy ProvostDirector
Pat ClarkDirector
Samarali DanielsDirector
Sandy NilesDirector
Jason WingSecretary
Brent HallTreasurer
Janet SladeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,806,115
Program Service Revenue
$406,256
Investment Income
$4,421
Other Revenue
$0
Change in Net Assets
$879

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,216,792
Revenue Not Reported on Form 990
$585,626
Total Revenue per Audited Statements
$4,802,418
Total Revenue per Form 990
$4,216,792
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,140,076
Other Expenses$1,075,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,170,968$132,733-$2,303,701
Other Employee Benefits$344,948$24,893-$369,841
Payroll Taxes$184,250$23,164-$207,414
Current Officers, Directors, Trustees, and Key Employees-$166,547-$166,547
Occupancy$127,789$31,405-$159,194
All Other Expenses$95,619$8,123-$103,742
Pension Plan Contributions$91,222$1,351-$92,573
Other Expenses$76,263$5,965-$82,228
Fees for Services Other$70,870$4,537-$75,407
Depreciation Depletion-$49,351-$49,351
Insurance$30,085$18,875-$48,960
Travel$36,568$354-$36,922
Office Expenses$14,210$10,518-$24,728
Fees for Services Accounting$8,552$548-$9,100
Advertising$4,050--$4,050
Total Functional Expenses$3,699,019$516,894$0$4,215,913

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,801,539
Expenses per Audited Statements$4,215,913
Total Expenses per Form 990$4,215,913
Expenses Not Reported on Form 990$585,626
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is provided to the board of directors and reviewed and approved prior to filing.

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

Annually the conflict of interest statement is reviewed and approved. The statement is signed by all members of the board and senior management.

Form 990, Page 6, Part VI, Line 15A

The agency director is evaluated by a personnel committee of the board of directors and compensation is approved by the full board.

Form 990, Page 6, Part VI, Line 15B

Key employees are evaluated by the agency director and recommendations made to the personnel committee. The agency also has a published salary scale by position.

Form 990, Page 6, Part VI, Line 19

The agency has a file that is available upon request that contains form 1023, form 990 and the conflict of interest statement, as well as the current audited financial statements.

Filing and Contact Details

Filer

Filer Name
Southern Kennebec Child Development
EIN
01-0285449
Phone
2075823110
Address
337 MAINE AVENUE, FARMINGDALE, ME 04344

Signing Officer

Name
Cristina Salois
Title
Agency Director
Phone
2075823110
Signed
2017-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cristina Salois
Formed
1948
Legal Domicile
Me
Voting Board Members
15
Independent Board Members
15
Employees
121
Volunteers
347

Preparer

Firm
Nicholson Michaud & Company
Address
76 SILVER ST, WATERVILLE, ME 04901-6528
Preparer
Erik Nadeau CPA
Phone
2078727077
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

There were no changes in the boards process for overseeing the audit process. All board members receive a copy of the audit. The finance committee will review the financial statements and make a recommendation to the board to accept. The financials are presented to the board at a regularly scheduled board meeting by the auditor at which the full board votes to accept or not.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15AGENCY DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt16FINANCE DIRE
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IRS990/MissionDesc0SKCDC IS DEDICATED TO PROVIDING AND SUPPORTING THE DEVELOPMENT OF, AND ACCESS TO, QUALITY EARLY CARE AND EDUCATION PROGRAMS THAT ARE RESPONSIVE TO CHILDREN, FAMILIES AND PROFESSIONALS.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024893
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0344948
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0369841
IRS990/OtherExpensesGrp/Desc0PROVIDER REIMBURSEMENTS
IRS990/OtherExpensesGrp/Desc1FOOD EXPENSES
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15965
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IRS990/OtherExpensesGrp/ProgramServicesAmt1123430
IRS990/OtherExpensesGrp/ProgramServicesAmt245564
IRS990/OtherExpensesGrp/ProgramServicesAmt376263
IRS990/OtherExpensesGrp/TotalAmt0274631
IRS990/OtherExpensesGrp/TotalAmt1123430
IRS990/OtherExpensesGrp/TotalAmt284094
IRS990/OtherExpensesGrp/TotalAmt382228
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IRS990/OtherSalariesAndWagesGrp/TotalAmt02303701
IRS990/PartialLiquidationInd0false
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0184250
IRS990/PayrollTaxesGrp/TotalAmt0207414
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01351
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IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAM FEES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0382648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123608
IRS990/ProgSrvcAccomActy2Grp/Desc0FOOD - CHILD CARE FOOD PROGRAM PROVIDES MEALS TO ELIGIBLE CHILDREN ENROLLED IN HEAD START & CHILD CARE PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0432605
IRS990/ProgSrvcAccomActy3Grp/Desc0CHILD CARE AND OTHER - PROVIDE AND SUPPORT THE DEVELOPMENT OF QUALITY, ACCESSIBLE, FLEXIBLE AND AFFORDABLE EARLY CARE OPTIONS DESIGNED TO MEET THE NEEDS OF FAMILIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0592887
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0406256
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03742520
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04262
IRS990/PYOtherExpensesAmt01055420
IRS990/PYProgramServiceRevenueAmt0374432
IRS990/PYRevenuesLessExpensesAmt0-41823
IRS990/PYSalariesCompEmpBnftPaidAmt03107617
IRS990/PYTotalExpensesAmt04163037
IRS990/PYTotalRevenueAmt04121214
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IRS990/ReconcilationRevenueExpnssAmt0879
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0881646
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0881695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03806115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03742520
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03481164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03344777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02942898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017317474
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04102
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05109
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021923
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02844005
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99870
IRS990ScheduleA/PublicSupportPY170Pct00.99860
IRS990ScheduleA/PublicSupportTotal170Amt017317474
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03806115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03742520
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03481164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03344777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02942898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017317474
IRS990ScheduleA/TotalSupportAmt017339397
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/BuildingsGrp/BookValueAmt0687822
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0508402
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0585626
IRS990ScheduleD/DonatedServicesUseFcltsAmt0585626
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0350326
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0365506
IRS990ScheduleD/ExpensesNotReportedAmt0585626
IRS990ScheduleD/ExpensesSubtotalAmt04215913
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt033733
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0500
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt034233
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017485
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt049157
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0884220
IRS990ScheduleD/TotalExpensesPerForm990Amt04215913
IRS990ScheduleD/TotalRevenuePerForm990Amt04216792
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND REVIEWED AND APPROVED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY THE CONFLICT OF INTEREST STATEMENT IS REVIEWED AND APPROVED. THE STATEMENT IS SIGNED BY ALL MEMBERS OF THE BOARD AND SENIOR MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AGENCY DIRECTOR IS EVALUATED BY A PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS AND COMPENSATION IS APPROVED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEY EMPLOYEES ARE EVALUATED BY THE AGENCY DIRECTOR AND RECOMMENDATIONS MADE TO THE PERSONNEL COMMITTEE. THE AGENCY ALSO HAS A PUBLISHED SALARY SCALE BY POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AGENCY HAS A FILE THAT IS AVAILABLE UPON REQUEST THAT CONTAINS FORM 1023, FORM 990 AND THE CONFLICT OF INTEREST STATEMENT, AS WELL AS THE CURRENT AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WERE NO CHANGES IN THE BOARDS PROCESS FOR OVERSEEING THE AUDIT PROCESS. ALL BOARD MEMBERS RECEIVE A COPY OF THE AUDIT. THE FINANCE COMMITTEE WILL REVIEW THE FINANCIAL STATEMENTS AND MAKE A RECOMMENDATION TO THE BOARD TO ACCEPT. THE FINANCIALS ARE PRESENTED TO THE BOARD AT A REGULARLY SCHEDULED BOARD MEETING BY THE AUDITOR AT WHICH THE FULL BOARD VOTES TO ACCEPT OR NOT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.64$0.61$3.03$6.00$5.69$0.31
2024Detailed filing. Detailed filing data is available for this year.$3.38$0.71$2.67$5.71$5.50$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.38$0.97$2.41$4.87$4.60$0.27
2022Detailed filing. Detailed filing data is available for this year.$2.78$0.63$2.16$5.06$5.00$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.43$0.33$2.10$5.18$5.18$0.00
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.26$2.10$4.97$4.82$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.32$0.37$1.95$4.72$4.64$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.30$0.47$1.83$4.34$4.33$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.38$1.82$4.22$4.22$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.09$0.27$1.82$4.12$4.16$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.10$0.24$1.87$3.90$3.91$0.02
2014Summary only. Only limited summary data is available for this year.$2.24$0.29$1.95$3.88$3.85$0.02
2013Summary only. Only limited summary data is available for this year.$2.22$0.29$1.93$4.07$4.10$0.03
2012Summary only. Only limited summary data is available for this year.$2.31$0.27$2.04$4.74$4.71$0.03