Friends Rehabilitation Program Inc.

“A copy of this form 990 was provided to the company's board of directors (the governing body) who reviewed and approved the form prior to its filing with the internal revenue service”

“Each director must execute a statement at the annual meeting each year setting forth any possible conflicts, or stating that no such confilcts exist. In addition, any employee having a suspected conflict must present it to the board of directors prior to action for approval.”

“Copies of the company's governing documents, conflict of interest policy, financial statements and this form 990 are available at the company's offices at 704-06 west girard avenue; philadelphia pa 19123. Copies will be made on request.”

“The organization has a committee that assumes responsibility for oversight the audit of its financial statements and selection of independent accountant. The oversight process hasn't changed since the prior year.”

“A prior period adjustment was made to the 2017 financial statements to reflect the write off of a construction in progress property. Management reviewed the listing of construction in progress and decided to remove the cip because it was sold in a sheriff's sale in 2015 for no net proceeds. These balances have been carried on the balance sheet for several years, however the property was sold 7/13/2015. The adjustment will show as a restatement on the financials for the year ended may 31, 2017 to decrease cip and decrease beginning net assets. A prior period adjustment was made by the client to the 2017 financial statements to reflect consulting expenses, penalty fees, and fng pension expenses not recorded in the correct year. These expenses were for services paid for in the current year, but incurred in fiscal year 2017 or prior. The adjustment will show as a prior period adjustment on the financials for the year ended may 31, 2017 to increase accounts payable. Professional fees will increase for the year ended may 31, 2017, and the remaining are for expenses incurred in the year ended may 31, 2016 or prior, therefore will be a decrease in unrestricted net assets for may 31, 2017.”