Fcd Educational Services Inc

“There are no committees of the organization, only the governing body which is the board of directors of the organization.”

“The board of directors designated the responsibility of approval and review to the president.”

“All directors are required to complete a "certification and disclosure" form regarding conflicts of interest.”

“The organization's 990 is available on the commonwealth of massachusetts department of the attorney general's website, as well as, other publicly available websites free of charge.”

“Governing documents, conflict of interest policy and financial information (form 990) are available to the public upon request. The organization's tax filings are also available on the commonwealth of massachusetts department of attorney general's website and guidestar's website.”

“During fy 16, the organization sold its land & building and transferred the net proceeds to hazelden foundation in accordance with the requirement by the mass. Attorney general's public charity division and will be used to further the mission of the program. As a result, the organization only has a small remaining cash balance at august 31, 2016 which will be transferred to hazelden foundation in subsequent months, eventually leaving no assets in the organization.”

“Transfer of net assets to hazelden foundation -454,671.”

“On september 9, 2013 the fcd educational services, inc. ("fcd") entered into an agreement with another non-profit organization, hazelden foundation, in order to provide financial stability, in which the service programs of the two organizations are combined and the programs of fcd became a division of the this non-profit organization. Under this agreement, fcd transferred all assets to this organization with the exception of the land and building. Fcd continues to devote its resources to furthering exempt educational purposes. Under this agreement, it was noted that if fcd were to sell its land and building in the future, in accordance with the requirement by the mass. Attorney general's public charity division, the net proceeds will be transferred to hazelden foundation to be used to further the mission of the program. During fiscal 2016, fcd sold its land and building and as a result, the net proceeds and net assets of fcd were transferred to hazelden foundation as required. The small amount of remaining cash at august 31, 2016 will be transferred to hazelden in early fiscal 2017 which will leave no remaining assets of fcd.”