St Johns Residence for Boys Inc

“Effective january 14, 2019 little flower children family services of new york became the sole member of st johns residence for boys in a strategic affiliation which would allow both lfcfs and sjrb to better achieve their missions by leveraging resources, achieving efficiencies in operations and benefit from synergies between programs.”

“The number of directors shall be fixed from time to time by the member.”

“The by-laws may be amended, repealed or altered in whole or part by the member. The audit committee of the member shall serve as the audit committee of the corporation and be responsible for overseeing the accounting and financial reporting processes of the corporation and the audit of the corporation's financial statements.”

“Prior to its filing, the 990 is reviewed and approved by the chair of the board and the finance committee. The 990 is then distributed to the full board of directors before being filed with the irs.”

“No member of the board of directors of st johns residence for boys or any officer or employee of st johns residence for boys shall use such position or employment or any knowledge of information gained therefrom so as to create a possible conflict between the interest of st johns residence for boys and the interest of such board member, officer or employee. Full disclosure shall be made by any affected board member, officer or employee in advance to the board of directors of all material facts pertaining to any matter subject to such possible conflict of interest which is proposed to be submitted to the board for action. The resolution shall be reaffirmed by the board of directors each year at the annual meeting of the board or until such time as the substance of the resolution is incorporated into the by-laws of the corporation.”

“Little flower children and family services of new york's executive board committee determines, reviews and approves the ceo & cfo's compensation arrangements annually at the little flower children and family services of new york's executive board meeting. They use comparables and performance evaluation criteria. The executive director's compensation is reviewed and approved by the board of directors.”

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

“Professional fees: program service expenses 799,263. Management and general expenses 659,270. Fundraising expenses 4,726. Total expenses 1,463,259.”

“The combined little flower children and family services of new york and st. John's residence for boys, inc. Audit committee assumes oversight of the audit, financial statements, and selection of an independent accountant. This process has not changed from the prior year.”