Community Design Collaborative of Philadelphia

“A draft of the 990 is submitted to the board members and if they have any questions for the tax preparer, the executive director or treasurer themselves will call the preparer. The board members then review the draft for final copy and filing.”

“The conflict of interest policy is distributed annually to all directors and board members of the organization. They must read, sign and date the document (date of submission) stating that they are in compliance with the policy.”

“The organization has a governance committee in place that reviews and approves the compensation for all employees, including the executive director. They use comparability data to determine their compensation.”

“The organization makes governing documents and financial statements available to the public upon request. The form 990 is posted on guidestar's website.”

“In 2015, the collaborative received a grant from the william penn foundation for the implementation of infill philadelphia: play space, an innovative community engaged design partnership focused on enhancing outdoor learning environments for children through play.”

“This process has not changed from the prior year.”

“Contribution of services is recognized in the financial statements if the services received or donated create or enhance non-financial assets or require specialized skills, are provided by individuals possessing those skills, and would typically need to be purchased if not provided by donation. Generally, as part of the mission of the collaborative, design professionals will donate their services on projects undertaken by the collaborative. Without the donation of these services, such services would have to be purchased to accomplish the goals of the collaborative. These services, valued at $763,803, have been recorded in the 2015 financial statements as both revenue and expense. The collaborative follows a policy of recognizing the value of the donated architectural services at the conclusion of each project, at which time such value can be determined. However, per irs instructions these services are not to be included in revenue and expense, but are shown as a reconciling item on schedule d parts xi and xii. They are included in part iii lines 4a and 4b in the narrative description only, since this is a significant part of our mission.”