Turning Point Brooklyn Inc.

“Joseph freyer, and robert payne both work for american express.”

“Accounting and management duties have been contracted to a management agent, btq financial.”

“The by-laws of turning point brooklyn inc. Were amended and restated to form a strategic allaince with brooklyn bureau of community services d/b/a brooklyn community services (bcs). Bcs has accepted appointment as sole member of the board of turning point brooklyn, and affiliates, effective janaury 1, 2018.”

“Prior to filing of form 990, the same undergoes review by the finance committee, which then hands it over to the board for final review.”

“Officers and employees are required to discloses, on an annual basis, any interest that could give rise to conflict of interests via the completion of a questionnaire. All disclosures of interests in said questionnaire are compiled and reported by management to the finance committee of the board, together, in each case, with the response or recommendation of management. The finance committee shall determine in each case whether the recommended resolution is satisfactory and, if not, shall take such further action as it deems appropriate.”

“The board determines the salary of the executive director and other key employees based on independent studies and comparison with industry peers.”

“AVAILABLE UPON REQUEST.”

“Several actions are being taken to address these financial challenges. The scattered site housing contracts that have consistently operated at a loss were all reassigned to other agencies. This process was complete at june 30, 2017. On january 1, 2018, the organization also entered into a strategic alliance with brooklyn bureau of community service d/b/a brooklyn community services, another non-profit social services agency in new york city, wherein, brooklyn community services became the sole voting member of the board of directors of turning point brooklyn inc. And its related affiliates. Management and the board believe the alliance will bring financial sustainability to the organization and its programs, under the umbrella of the alliance.”

“Other professional fees: program service expenses 1,765. Management and general expenses 16,898. Fundraising expenses 0. Total expenses 18,663. Contracted services: program service expenses 344. Management and general expenses 25,483. Fundraising expenses 0. Total expenses 25,827. Audit: program service expenses 0. Management and general expenses 29,587. Fundraising expenses 0. Total expenses 29,587. Consultants: program service expenses 215,694. Management and general expenses 117,258. Fundraising expenses 0. Total expenses 332,952.”

“No changes in audit oversight or selection have taken place during the fiscal year ended june 30, 2018.”