Centerboard Inc.

“The executive director, program administrator, and cfo review the form 990 contemporaneously with the cpa/paid-preparer (worthington, hughes & hoar, p.c.), prior to filing the form. The board of directors receives a copy of the filed form 990 at its next regularly scheduled board meeting.”

“Board members and officers are encouraged to disclose any new or potential conflict of interest at each board meeting.”

“Executive compensation is reviewed annually by the board of directors as part of the annual budget review. Executive staff provides recommendations for compensation adjustment based on the following: a) fundability of proposed increases within the budget, b) compensation adjustments afforded direct care staff through state contract adjustments, and c) comparison of compensation for executive staff in similar organizations based on the size and scope of agency operations.”

“Same as part vi, section b, line 15a.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Inconsistency in revenue reporting: in prior years, centerboard reported the income from certain government contracts as revenue from contributions, gifts, grants, and other similar amounts on form 990, part viii, line 1(e). In the fiscal year ended june 30, 2016, centerboard determined that the income from thes recurring contracts is more accurately presented as "program service revenue" on form 990, part viii, line 2. The prior year amounts in form 990 part i have been restated to conform with the current year's presentation.”

“Total total program name: expenses revenues adolescent group home 1,085,752 896,438 scattered sites stabilization program 519,001 526,520 program for independent living 254,863 297,210 family resource center 214,020 242,532 supported teen employment program 115,835 135,862 _________ _________ total 2,189,471 2,098,562”