Barbara C Harris Center

“In october 2017, it was discovered that the prior bookkeeper had been writing checks for her benefit and concealing those disbursements by changing the name of the payee in peachtree, modifying the check image on the center's copy of the bank statement, and creating fictitious documentation in the vendor's file. An investigation by carew & wells, pllc, identified 260,858 of misappropriated funds during the period april 1, 2016 through october 31, 2017. In addition, the center has identified 445,045 in additional misappropriated funds dating back to november 2010. Check images were not available prior to that time, so the center is unable to determine if additional funds may have been misappropriated. The total misappropriated funds identified since november 2010 is 705,903; of which 157,878 occurred during 2017 and is presented on the statement of activities as a loss from embezzlement. In prior years, some of these disbursements were expensed, recorded as prepaid expenses, or capitalized as an asset and depreciated. An adjustment to the opening balance of unrestricted net assets has been made to account for the change in assets on the statement of net assets. Law enforcement, new hampshire charitable trust (attorney general's office), and the episcopal diocese of ma have been notified. Legal counsel has been retained to assist in any potential recovery of lost funds from insurance and/or civil action.”

“The form 990 is reviewed by mangement and the president of the board prior to the filing of the return with the irs. It is subsequently provided to all members of the board of directors for review.”

“Board determines the compensation of the executive director by reviewing industry comparables and similar salary census information. This process occurs as required and is part of the hiring process when there is turnover at the position.”

“The organization makes its governing documents, form 990, and financial statements available for public inspection upon request for the same period of disclosure as set forth in section 6104(d). In addition, the form 990 without schedule b is avaiable via the guidestar website.”

“The number of volunteers includes board members who served on the governing body without compensation.”

“Contracted food service 254,775 0 0 other contracted services 49,522 6,427 0 total 304,297 6,427 0”

“Correction from fraud & misstatements in py -38,832 embezzlement loss occuring in 2017 -157,878 total -196,710 net assets as of december 31, 2016, have been adjusted for teh losses and misstatements in the prior financial statements. Net assets has been reduced by 38,832 and a corresponding debit (credit) has been made to record the following adjustments: accounts payable decreased 5,912; prepaid expenses decreased (26,669); deferred revenue decreased 2,645; net property and equipment decreased (20,720).”