Civic Intelligence

Progressive Eldercare Services Inc

EIN 27-3040964 • 501(c)3 • Magnolia, AR

Profile

The organization provides affordable skilled nursing and rehabilitative care to ill, infirm, medically disabled and elderly individuals in a non-traditional long-term care environment utilizing the "culture change or "person-centered" care model.

38 Warnock Springs RoadMagnolia, AR 71753

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.28x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.40x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$260,734

Up $287,073 (+1090%) from 2023

Liabilities

Up

$335,024

Up $4,002 (+1.2%) from 2023

Net Assets

Up

-$74,290

Up $283,071 (+79%) from 2023

Revenue

Down

$835,086

Down $266,654 (-24%) from 2023

Expenses

Down

$552,015

Down $1,080,988 (-66%) from 2023

Net Income

Up

$283,071

Up $814,334 (+153%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$200K$0-$200K-$400KAssets 2013: $72,006Liabilities 2013: $18,657Net Assets 2013: $53,3492013Assets 2014: $89,770Liabilities 2014: $39,418Net Assets 2014: $50,3522014Assets 2018: $314,866Liabilities 2018: $248,793Net Assets 2018: $66,0732018Assets 2019: $339,738Liabilities 2019: $279,233Net Assets 2019: $60,5052019Assets 2020: $57,170Liabilities 2020: $0Net Assets 2020: $57,1702020Assets 2021: $49,670Liabilities 2021: $0Net Assets 2021: $49,6702021Assets 2022: $174,627Liabilities 2022: $725Net Assets 2022: $173,9022022Assets 2023: -$26,339Liabilities 2023: $331,022Net Assets 2023: -$357,3612023Assets 2024: $260,734Liabilities 2024: $335,024Net Assets 2024: -$74,2902024

Highlighted filing

2024

Assets$260,734
Liabilities$335,024
Net Assets-$74,290

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $996,582Expenses 2013: $1,012,080Net Income 2013: -$15,4982013Revenue 2014: $1,009,404Expenses 2014: $1,012,401Net Income 2014: -$2,9972014Revenue 2018: $2,990,298Expenses 2018: $2,991,517Net Income 2018: -$1,2192018Revenue 2019: $2,136,458Expenses 2019: $2,142,026Net Income 2019: -$5,5682019Revenue 2020: $6Expenses 2020: $3,341Net Income 2020: -$3,3352020Revenue 2021: $0Expenses 2021: $7,500Net Income 2021: -$7,5002021Revenue 2022: $634,120Expenses 2022: $509,888Net Income 2022: $124,2322022Revenue 2023: $1,101,740Expenses 2023: $1,633,003Net Income 2023: -$531,2632023Revenue 2024: $835,086Expenses 2024: $552,015Net Income 2024: $283,0712024

Highlighted filing

2024

Revenue$835,086
Expenses$552,015
Net Income$283,071

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$835,086
Mission and Program Overview

Mission

The organization provides affordable skilled nursing and rehabilitative care to ill, infirm, medically disabled and elderly individuals in a non-traditional long-term care environment utilizing the "culture change or "person-centered" care model.

To facilitate compassionate health care with clinical quality and service excellence in a dignified and respectful "home" environment for elders who require long-term care services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$-68,596$218,361▲ $286,957
Total Assets$-26,339$260,734▲ $287,073
Other Assets Total$42,257$42,373▲ $116
Liabilities
Accounts Payable and Accrued Expenses$331,022$335,024▲ $4,002
Total Liabilities$331,022$335,024▲ $4,002
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-357,361$-74,290▲ $283,071
Total Net Assets Fund Balance$-357,361$-74,290▲ $283,071
Total Liabilities and Net Assets / Fund Balance$-26,339$260,734▲ $287,073

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$42,373--
Compensation and Service Providers

Board Members and Trustees

NameTitle
W Jarred Franklin EsqPresident
Denise McclainDirector
Jim Badami EsqDirector
Nancy BrownDirector
Pham Liem MdDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$775,000
Program Service Revenue
$0
Investment Income
$9,305
Other Revenue
$50,781
Change in Net Assets
$283,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$552,015
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$468,209-$468,209
Fees for Services Legal-$32,625-$32,625
Information Technology-$29,706-$29,706
Fees for Services Accounting-$10,875-$10,875
Payments to Affiliates-$10,600-$10,600
Total Functional Expenses$0$552,015$0$552,015
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Administrative duties are delegated to a management company, southern administrative services, llc.

Form 990, Part VI, Section B, Line 11B

The board members receive a copy of the form 990 to review prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization provides each director with a copy of the company's conflict of interest policy and provides ample opportunity at meetings in which a potential conflict could arise for a director to disclose a potential conflict for evaluation. Further, in preparation for its meetings, the organization closely scrutinizes each of its agenda items to evaluate the possibility of a potential conflict of interest and will raise a committee with the required director delagated power to annually sign a statement which affirms such person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy and (d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Finally, the organization conducts periodic reveiws of the reasonableness of all compensation arrangements and whether all arrangements with third parties comply with the organizations written policies and, as such, are properly recorded. Progressive eldercare services, inc. Also reflects on reasonable investment or payments for goods and services and discerning if charitable purposes that do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section B, Line 15

The officers and top management officials are volunteers that receive no compensation for their role at progressive eldercare services, inc. This fact is understood and ratified by the board of directors, who are independent persons, upon review of the annual financial reports at the annual meeting. Any compensation received is for their role as administrators for the subordinate organizations. Progressive eldercare services, inc. Does not employ any key employees.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and annual financial statements are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Progressive Eldercare Services Inc
EIN
27-3040964
Phone
9054275007
Address
38 WARNOCK SPRINGS ROAD, MAGNOLIA, AR 71753

Signing Officer

Name
W Jarred Franklin Sr
Title
President
Phone
9054275007
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Jarred Franklin Sr
Formed
2010
Legal Domicile
Ar
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Jtaylor & Associates LLC
Address
4800 OVERTON PLAZA SUITE 360, FORT WORTH, TX 76109-4430
Preparer
Douglas Mann
Phone
8179245900
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SINCE JULY 14, 2010 TWENTY SIX (26) ARKANSAS NON-PROFIT CORPORTATIONS HAVE BEEN INCORPORATED TO SERVE AS SUBSIDIARIES OF PROGRESSIVE ELDERCARE SERVICES, INC. PROGRESSIVE ELDERCARE SERVICES, INC. ACTS TO FACILITATE THE OPERATION OF LONG-TERM CARE FACILITIES BY EXERCISING ITS POWERS TO SUPERVISE AND CONTROL THE SUBSIDIARIES. PROGRESSIVE ELDERCARE SERVICES, INC. MAINTAINS SUPERVISION AND CONTROL OVER ITS SUBSIDIARIES BY VIRTUE OF ITS POWERS TO: (1) HIRE AND FIRE THE PRESIDENT/ADMINISTRATOR OF EACH SUBSIDIARY; (2) ELECT THE BOARD OF DIRECTORS OF EACH SUBSIDIARY; (3) DISSOLVE EACH SUBSIDIARY; (4) ESTABLISH AND AMEND, FROM TIME TO TIME, THE ADMISSION POLICY OF EACH SUBSIDIARY; AND (5) ESTABLISH AND AMEND, FROM TIME TO TIME, THE "CULTURE CHANGE" POLICY OF EACH SUBSIDIARY. PROGRESSIVE ELDERCARE SERVICES, INC. EMPLOYS THE ADMINISTRATORS OF EACH OF THE SUBSIDIARIES AND LEASES SUCH ADMINISTRATORS TO SUCH FACILITIES FOR THE AMOUNT OF EXPENSE INCURRED BY PROGRESSIVE ELDERCARE SERVICES, INC. IN EMPLOYING EACH SUCH PERSON THESE INDIVIDUALS ARE REASONABLY COMPENSATED IN RELATION TO PREVAILING RATES OF COMPENSATION AMONG SIMILARLY SITUATED EMPLOYEES, EMPLOYERS AND JOB REQUIREMENTS. SINCE OCTOBER 2, 2010, PROGRESSIVE ELDERCARE SERVICES, INC. HAS UTILIZED ITS SUBSIDIARIES TO OPERATE LONG-TERM CARE FACILITIES TO PROVIDE SKILLED NURSING AND REHABILITATION CARE TO ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THE LONG-TERM CARE FACILITIES ARE OPEN TO THE PUBLIC AND DO NOT DENY ACCESS OR ADMISSION BASED ON AN INDIVIDUAL'S RACE, GENDER, REGLIGIOUS AFFILIATION, NATIONAL ORIGIN, OR, WITHIN THE LIMITS OF ITS RESOURCES, ABILITY TO PAY. EACH SUBSIDIARY OF PROGRESSIVE ELDERCARE SERVICES, INC. OPERATES A SINGLE FACILITY, ALTHOUGH A PARTICULAR FACILITY MIGHT HAVE MULTIPLE FUNCTIONS. FOR EXAMPLE, A FACILITY MIGHT HAVE SPACE DEDICATED TO SKILLED REHABILITATION SERVICES WHILE ANOTHER PART OF THE FACILITY MIGHT BE DEDICATED TO LONG TERM NURSING CARE. PROGRESSIVE ELDERCARE SERVICES, INC. UTILIZES ITS OFFICERS AND DIRECTORS TO CONDUCT THIS ACTIVITY. THIS ACTIVITY FURTHERS THE EXEMPT PURPOSES OF PROGRESSIVE ELDERCARE SERVICES, INC. BY CAUSING SERVICES TO BE PROVIDED TO THE PUBLIC THAT MAINTAIN AND IMPROVE THE HEALTH OF ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THIS ACTIVITY DOES NOT REQUIRE FUNDING FROM PROGRESSIVE ELDERCARE SERVICES, INC. PROGRESSIVE ELDERCARE SERVICES, INC. IS REIMBURSED BY ITS AFFECTED SUBSIDIARIES FOR SERVICES PROVIDED OR EXPENSES INCURRED (E.G.COMPENSATION OF ADMINISTRATORS). SINCE ITS INCORPORATION, PROGRESSIVE ELDERCARE SERVICES, INC. HAS WORKED TO RESEARCH, CULTIVATE, DEVELOP, PROMOTE AND FURTHER THE "CULTURE CHANGE" MODEL OF CARE OF THE ELDERLY. PROGRESSIVE ELDERCARE SERVICES, INC. CONTEMPLATES FURTHER EXPLORING COMMUNITY PARTNERSHIPS AND SPONSORING OPPORTUNITIES TO PROMOTE "CULTURE CHANGE" TRANSFORMATION AND OTHER MATTERS PERTINENT TO THE HEALTH OF THE ELDERLY. GENERALLY, "CULTURE CHANGE" IS THE TERM GIVEN TO A NATIONAL MOVEMENT TO TRANSFORM ELDER CARE SERVICES TO PERSON-DIRECTED VALUES AND PRACTICES, SUCH AS CHOICE, DIGNITY, RESPECT, SELF-DETERMINATION AND PURPOSEFUL LIVING. "CULTURE CHANGE" TRANSFORMATION AND IMPLEMENTATION INVOLVES CHANGES IN ORGANIZATIONAL PRACTICES AND PHYSICAL ENVIRONMENTS OF LONG-TERM CARE FACILITIES TO ACCOMMODATE AND ENCOURAGE THE EXPRESSION OF CHOICE AND THE PRACTICE OF SELF-DETERMINATION BY THE ELDERLY IN THEIR DAILY LIFE. PROGRESSIVE ELDERCARE SERVICES, INC. HAS CAUSED ALL OF IT'S SUBSIDIARIES TO PARTICIPATE IN "CULTURE CHANGE" TRAINING CYCLES AND HAVE IMPLEMENTED A "CULTURE CHANGE" TRANSFORMATION IN ALL OF THE LONG-TERM CARE FACILITIES OPERATED BY ITS SUBSIDIARIES. PROGRESSIVE ELDERCARE SERVICES, INC. UTILIZES ITS OFFICERS, DIRECTORS AND SUBSIDIARIES TO CONDUCT THIS ACTIVITY. THIS ACTIVITY FURTHERS THE EXEMPT PURPOSES OF PROGRESSIVE ELDERCARE SERVICES, INC. BY PROMOTING AND ADVANCING THE HEALTH CARE OF ELDERS, WHICH CAN BE EXPECTED TO RESULT IN BETTER HEALTH OUTCOMES FOR THE ELDERLY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SEE EXPLANATION FOR SCHEDULE A, PART IV SECTION E LINE 3A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV SECTION E, LINE 3A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV,SECTION E,LINE 3B
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt250
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1350000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2325000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt3100000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt40
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BENTON - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CLARK - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2CRAWFORD - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3MONTICELLO - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4PROGRESSIVE ELDERCARE SERVICES - BRYANT INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5CAMDEN - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6PROGRESSIVE ELDERCARE SERVICES - SALINE INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7PROGRESSIVE ELDERCARE SERVICES - CHICOT INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8PROGRESSIVE ELDERCARE SERVICES - CLEVELAND INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9PROGRESSIVE ELDERCARE SERVICES - COLUMBIA INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10SHARP - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11PROGRESSIVE ELDERCARE SERVICES - CONWAY INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12PROGRESSIVE ELDERCARE SERVICES - CROSS INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt13PROGRESSIVE ELDERCARE SERVICES - SEARCY INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt14PROGRESSIVE ELDERCARE SERVICES - DREW INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt15FAULKNER - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt16RANDOLPH - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt17GARLAND - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt18GRANT - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt19PROGRESSIVE ELDERCARE SERVICES - GREENE INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt20LAWRENCE - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt21MALVERN - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt22PROGRESSIVE ELDERCARE SERVICES - MORRILTON INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt23PINES - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt24POLK - PROGRESSIVE ELDERCARE SERVICES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt25PRAIRIE - PROGRESSIVE ELDERCARE SERVICES INC
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IRS990ScheduleA/SupportSumAmt0775000
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042373
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM SUBSIDIARIES
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt042373
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE DUTIES ARE DELEGATED TO A MANAGEMENT COMPANY, SOUTHERN ADMINISTRATIVE SERVICES, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES EACH DIRECTOR WITH A COPY OF THE COMPANY'S CONFLICT OF INTEREST POLICY AND PROVIDES AMPLE OPPORTUNITY AT MEETINGS IN WHICH A POTENTIAL CONFLICT COULD ARISE FOR A DIRECTOR TO DISCLOSE A POTENTIAL CONFLICT FOR EVALUATION. FURTHER, IN PREPARATION FOR ITS MEETINGS, THE ORGANIZATION CLOSELY SCRUTINIZES EACH OF ITS AGENDA ITEMS TO EVALUATE THE POSSIBILITY OF A POTENTIAL CONFLICT OF INTEREST AND WILL RAISE A COMMITTEE WITH THE REQUIRED DIRECTOR DELAGATED POWER TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) HAS AGREED TO COMPLY WITH THE POLICY AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FINALLY, THE ORGANIZATION CONDUCTS PERIODIC REVEIWS OF THE REASONABLENESS OF ALL COMPENSATION ARRANGEMENTS AND WHETHER ALL ARRANGEMENTS WITH THIRD PARTIES COMPLY WITH THE ORGANIZATIONS WRITTEN POLICIES AND, AS SUCH, ARE PROPERLY RECORDED. PROGRESSIVE ELDERCARE SERVICES, INC. ALSO REFLECTS ON REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES AND DISCERNING IF CHARITABLE PURPOSES THAT DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.

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