Rick Vanstory Resource Center Doing Business as Rvrc

“Rvrc has a separate entity as their fiscal agent which handles all oversight of the financial responsibilities.”

“In fiscal year ending june 30, 2017, the organization discovered improper spending of grant funding over the course of several fiscal years resulting in part from personal expenses of the ceo. The total improper spending of grant funding totaled $125,000. Criminal legal action is being taken against the individual in question.”

“The 990 is provided to the governing body via email prior to filing.”

“Rvrc has a separate entity as their fiscal agent which handles all oversight of the financial responsibilities, including any conflicts of interest that may arise.”

“Compensation of top officials and key employees is evaluated and reviewed by independent board members who make use of comparability data to ensure reasonable compensation is being paid.”

“The organization makes its form 990 and governing documents available upon request.”

“The audit of the june 30, 2017 financial statements of rick vanstory resource center, inc. Was not complete at the time of the 990 filing. The adjustments below represents changes due to the completion of the audit. Form 990, part i, line 4 changed from 5 to 4 independent voting members form 990, part i, line 8, contributions & grants changed from $8,474 to $15,124 form 990, part i, line 9, program service revenue changed from $1,894,419 to $1,578,535 form 990, part i, line 12, other revenue changed from $0 to $119,766 form 990, part i, line 12, total revenue changed from $1,902,893 to $1,713,425 form 990, part i, line 15, salaries changed from $807,087 to $840,763 form 990, part i, line 17, other expenses changed from $966,813 to $932,681 form 990, part i, line 18, total expenses changed from $1,773,900 to $1,773,444 form 990 part i, line 19, revenue less expenses changed from $128,993 to $-60,019 form 990, part i, line 20, total assets changed from $202,266 to $317,381 form 990, part i, line 21, total liabilities changed from $200,055 to $137,136 form 990, part i, line 22, net assets changed from $2,211 to $180,245 form 990, part iii, line 4a, program service description changed to more accurately reflect the programs of the organization form 990, part iii, line 4a, expenses changed from $1,651,956 to $1,442,714 form 990, part iii, line 4a, revenue changed from $1,894,419 to $1,578,535 form 990, part iv, line 11d, 11f, 12a, 25a and 25b changed from no to yes based on the completion of the audited financial statements. Form 990, part vi, line 5, changed from no to yes, based on discovery of a significant diversion of assets during the course of the financial statement audit. Form 990, part viii, statement of revenue line 1 a-h, line 2 a-g, and 11 changed based on changes to financial statements form 990, part ix, statement of functional expenses updated to reflect changes to financial statements form 990, part x, balance sheet, line 15, other assets changed from $0 to $115,115 form 990, part x, balance sheet, line 16, total assets changed from $202,266 to $317,381 form 990, part x, balance sheet, line 17, accounts payable and accrued expenses changed from $200,055 to $137,136 form 990, part x, balance sheet, line 26, total liabilities changed from $200,055 to $137,136 form 990, part x, balance sheet, line 27, unrestricted net assets changed from $0 to $180,245 form 990, part x, balance sheet, line 32, retained earnings, changed from $2,211 to $0 form 990, part x, balance sheet, line 33, total net assets changed from $2,211 to $180,245 form 990, part x, balance sheet, line 34, total liabilities and net assets changed from $202,266 to $317,381 form 990, part xi, line 1, total revenue changed from $1,902,893 to $1,713,425 form 990, part xi, line 2, total expenses changed from $1,773,900 to $1,773,444 form 990, part xi, line 3, revenue less expenses changed from $128,993 to $-60,019 form 990, part xi, line 8, prior period adjustments changed from $-82,703 to $284,343 form 990, part xi, line 10, net assets at the end of the year changed from $2,211 to $180,245 form 990, part xii, line 2b changed from no to yes - separate basis form 990, schedule a, part ii, line 1 & 4 & 7, column e changed from $8,474 to $15,124; column f changed from $5,061,999 to $5,068,649 form 990, schedule a, part ii, line 10, column e & f changed from $0 to $119,766 form 990, schedule a, part ii, line 11 total support changed from $5,061,999 to $5,188,415 form 990, schedule a, part ii, line 12, gross receipts changed from $1,894,419 to $1,578,535 form 990, schedule a, part ii, line 13, first 5 years boxed was unchecked form 990, schedule a, part ii, line 14 changed from blank to 97.69% form 990, schedule a, part ii, line 15 changed from blank to 100% form 990, schedule a, part ii, line 16a checked form 990, schedule d added form 990, schedule j added”

“Other professional fees/contracted services: program service expenses 155,580. Management and general expenses 69,032. Fundraising expenses 0. Total expenses 224,612.”