Avon-Avon Lake Community Resource Services Inc.

“The preparer presents form 990 to the executive director of the organization. The executive director reviews the form 990 with the preparer and then subsequently the form 990 is reviewed with the financial members of the board prior to submission to the internal revenue service.”

“The organization has a policy adopted by the board of directors. Upon acceptance to the board, a member is presented with the conflict of interest policy and is required to sign a written declaration stating they understand the policy, are in compliance with the policy, and maintain no know conflicts of interest. Periodically this policy is verbally discussed within the board during the normal course of business and annually board members are requested to update their assertions for any new potential conflicts of interest.”

“The executive director is the only compensated director of the organization. Annually, the organizations board will review and discuss the compensation of the executive director. This discussion is completed by the board members without the participation of the executive director. Compensation of the executive director is then set annually by the board members who are all considered independent of the executive director.”

“Governing documents are made available to the public upon request to the business office located at 33501 lake road, suite l, avon lake, ohio 44012. Other financial information is available upon request and on various public not-for-profit organization internet websites.”

“Schedule d, part i the organization has operated an academic scholarship program as indicated on form 990, schedule i since 2005. This program is funded by a single donor and is a donor advised fund. During 2014 the program has been discontinued by the donor and the organization. All donor advised funding has been liquidated and final scholarships have been paid. Effective 12/31/14 no funding assets are being held for this program.”

“Community volunteers providing direct social service needs to the residents of avon, ohio and avon lake, ohio in the operation of a community food pantry, emergency aid and medical and utilities assistance programs, job training and interview coaching, community social service referals, support for local school students and educational supplies and general community advocacy.”

“A historical election was made at the inception of the organization to report for tax purposes using the accrual method of accounting. Over the years and with the implementation of sfas 117 and the monitoring of funds as unrestricted, temporarily restricted and permanently resticted the organization's books and records have actually evolved into the cash basis of accounting. Based on an internal review of our accounting for the past few years and throughout the current year it has been determined that there have been no significant accrual entries made to the books and records of the organization. It is at this time effective for the tax reporting year of 2014 the organization has corrected part xii, line 1 of form 990 to reflect the cash basis of accounting.”