Odc

“The tax returns are prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization distributes copies of the complete returns to the board of directors. If all items are found to be acceptable, an authorization is signed and provided to the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped with certified return receipt and timely placed in the mail for filing, or the form 8879 is provided to the outside accounting firm allowing electronic filing.”

“Hiring or contracting is done using established HR policies. To ensure that ODC monitors areas for potential conflict of interest, committees are used to hire staff and/or contract with outside service providers. No one person in the organization can contract or hire any individual without the consent of the ED, AD and the Finance Manager. Any conflicts of interest found are brought to the attention of the Board for further action.”

“A compensation proposal is presented to the Board of Directors. The Board reviews and if agrees will make a recommendation to either accept or deny the compensation proposal.”

“Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request”

“Client Note 1 - ODCEIN 34-1191163FOR THE YEAR ENDED DECEMBER 31, 2015FORM 990, PART X, LINE 10 - LAND, BUILDINGS, EQUIPMENTdescription Beg. Balance Additions Deletions End. BalanceLand 1,357,474 1,357,474Building and Equipment 17,193,025 17,193,025Sets and Costumes 72,697 72,697Tenant improvements 30,983 30,983 _________ _________ _________ _________ 18,653,683 18,654,179 Less Accumulated Depreciation (5,620,159) (645,000) (6,265,159) _________ _________ _________ _________ 13,034,020 (645,000) 12,389,020Depreciation is computed by using the straight-line methods over the estimated useful life of the assets. Estimated useful lives of depreciable assets are 30 years for buildings and 5 years for equipmentAdditional detail is available upon request”