Kenneth Young Center

“The organization discovered approximately $400,000 in unauthorized ach withdrawals from its bank account during the year. The organization was able to recover most of the funds. The unauthorized withdrawals appear to have been made by an external party and not by any party associated with the organization. The organization has instituted ach positive pay on its bank accounts and other controls to prevent these unauthorized withdrawals from occurring again.”

“The form 990 is emailed to the finance committee for an initial review. Once approved, it is sent to the entire board before filing. The board is invited to raise any questions or make any comments prior to the expected filing date. If none are raised, their approval is assumed.”

“Conflict of interest policy is monitored by the board of directors. The board members sign a conflict of interest policy every year and a member of the board monitors that they are signed. Conflicts of interest are documented in board minutes.”

“Compensation of key individuals is based on an annual review process by the ceo. Compensation at the comparable local agencies is considered to determine reasonableness. The ceo's compensation is determined based on annual review by the board and comparison to salaries of ceo's at similar local agencies.”

“All governing documents, policies, and applicable financial records are made available upon request to the organization.”

“Software programing services: program service expenses 1,072,343. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,072,343. Contracted behavior health services: program service expenses 612,905. Management and general expenses 0. Fundraising expenses 0. Total expenses 612,905. Other professional fees: program service expenses 0. Management and general expenses 38,275. Fundraising expenses 0. Total expenses 38,275. Payroll processing fees: program service expenses 6,028. Management and general expenses 41,105. Fundraising expenses 634. Total expenses 47,767.”

“Miscellaneous expense: program service expenses 53,636. Management and general expenses 60,184. Fundraising expenses 13,271. Total expenses 127,091. Dues and licenses: program service expenses 8,240. Management and general expenses 56,192. Fundraising expenses 867. Total expenses 65,299. Staff and volunteer recognition: program service expenses 5,655. Management and general expenses 38,564. Fundraising expenses 595. Total expenses 44,814. Penalties: program service expenses 5,127. Management and general expenses 34,958. Fundraising expenses 540. Total expenses 40,625. Food and beverage: program service expenses 20,485. Management and general expenses 17,939. Fundraising expenses 0. Total expenses 38,424. Bank and credit card fees: program service expenses 3,252. Management and general expenses 22,173. Fundraising expenses 342. Total expenses 25,767.”

“Return of capital 40,000.”

“The process has not changed from previous years.”