Forestdale Inc.

“The organization amended its by-laws during tax year. New by-laws states that the board shall not be fewer than three and does not give a number of expected board members. The prior by-laws named the number of board members as 27. New by-laws grants committees the authority to act on behalf of the board in the governance of the corporation. The prior by-laws were silent on this matter.”

“Forestdale, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it's submitted electronically to members of the organization's governing body for any comments prior to its submission. The governing body is provided with one week to review the prepared form 990 and provide their comments. Any comments are then grouped, summarized and provided to the director of finance, who is in charge of filing the return. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Forestdale, inc. Has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all members of management and the governing body sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is kept on file and board members may not vote on an issue on which they have a conflict. If an employee were to have a conflict, it would be reviewed by human resources, the associate executive director, chief operating officer, and the executive director. They would determine the response to the conflict.”

“The executive director's and other officers and key employees' compensation is evaluated annually upon review of the following criteria: -industry standard (coffcca annual executive compensation survey, independent compensation consultant, administration for children's services' compensation survey) -review by board of directors, specifically the board head of compensation (executive director only) -accomplishment of preset goals -all decisions made regarding compensation are included in the board minutes. The compensation of the ceo is determined by the board, and the ceo reviews and determines the other officers and key employees salaries annually. The process was last time undertaken in 2015.”

“Forestdale, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code on guidestar.org and other similar types of websites. In addition, forms 990 and 1023 as well as the financial statements and conflict of interest policy are available upon written request at 67-35 112th street, forest hills, ny 11375 or by calling the organization directly at (718) 263-0740.”

“The youth development program was phased out by new york city administration for children's services as a program.”

“Health services: program service expenses 1,517,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,517,965. Consulting: program service expenses 267,864. Management and general expenses 7,026. Fundraising expenses 17,858. Total expenses 292,748. Temporary help: program service expenses 108,273. Management and general expenses 2,840. Fundraising expenses 7,218. Total expenses 118,331. Cleaning & pest control: program service expenses 63,953. Management and general expenses 1,677. Fundraising expenses 4,264. Total expenses 69,894. Security agency services: program service expenses 36,003. Management and general expenses 944. Fundraising expenses 2,400. Total expenses 39,347. Social services: program service expenses 238,328. Management and general expenses 6,251. Fundraising expenses 15,889. Total expenses 260,468. Social workers: program service expenses 151,137. Management and general expenses 3,964. Fundraising expenses 10,076. Total expenses 165,177. Development services: program service expenses 23,956. Management and general expenses 628. Fundraising expenses 1,597. Total expenses 26,181. Other fees for services: program service expenses 69,921. Management and general expenses 1,834. Fundraising expenses 4,661. Total expenses 76,416.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”