Greenfield Home School Association Inc

“As shown, "Other Expenses" on Part I - Line 16 includes $1,461 reflected as "Documented Stolen Funds." These were in addition to the $13,892 in such funds from the prior fiscal year, leaving a total of $15,353.”

“As explained on Schedule O in our prior year filing, this all stems from the discovery that the Treasurer for the 2014-15 fiscal year, Charles Locke, had been embezzling funds from the organization's bank accounts, pocketing cash received at school events, and even making online payments to his personal credit card from the organization's checking account. This continued through September of 2015.”

“Please see the prior year Schedule O for further details on how this was all discovered and how it was/has been pursued by the organization to where Mr. Locke has been arrested on felony charges. At this time, the legal proceedings are still in progress. He was arraigned on November 2016, there were pre-trial hearings in February 2017 and a new trial date has been set for May 22, 2017. Also note that based on a detailed financial analysis we believe and have estimated $7,403 in additional "missing revenues," that is funds/cash that never made it into the organization bank account and were clearly missing and unaccounted for. Based on these figures, the organization is currently seeking $22,756($15,353 in documented theft plus the $7,403 in missing funds) in restitution and will be requesting this at the eventual restitution hearing. With these and other legal proceedings still in progress, knowing any eventual award amount is obviously unknown at this time.”

“While the above explanation is intended to keep the user of this filing up to date on these recent events and help reflect its potential fiancial impact, it is also important to keep in mind when analyzing the current and prior year financial figures and/or comparing them to prior years. For example, because the organization uses the cash method of reporting, it is important to have an understanding that certain expense figures may look "understated" because the bills were never paid by Mr. Locke, or that certain revenues might also look "understated" because related cash was never deposited or recorded as such.”

“Further questions related to this matter should be directed to the organization's board.”

“Grants to teachers - education/classroom enhancement; teacher grants; enrichment & cultural arts: gr”

“Others less than $5000 each; Other Grants/; : , , , ; , 500.”

“Program Services(non-grant - included in Part III, Line 32) 6280.”

“Bank Fees 301.”

“Office 19.”

“Ducumented Stolen Funds - see Schedule O for further details 1461.”