Family Services Inc.

“The organization is an operating subsidiary of the sheppard and enoch pratt foundation, inc.”

“The sheppard & enoch pratt foundation holds reserved rights which include the powers to appoint board members.”

“The sheppard & enoch pratt foundation holds reserved rights which include the powers to appoint and remove board members. The foundation also holds the right to approve certain select transaction of its subsidiaries.”

“Once prepared, the form 990 is reviewed by the cfo and executive director. The form 990 is then presented to the finance committee and the full board before the form 990 is filed.”

“It is the policy of fsi that all directors, officers, policy council members, contractors/consultants, and employees will avoid personal transactions or situations in which their personal interest will or will appear to conflict with those of fsi. Employees of fsi who wish to have a private practice or secondary employment may do so only at the approval of the chief executive officer. The professional submits his/her plan for private practice or secondary employment in writing to the chief executive officer and updates the plan in writing to the chief executive officer annually or when changes are made. In any matter that comes before the board of directors for approval, or for making recommendations for funding, a board member shall abstain from voting if such person: has a personal financial interest, whether direct or indirect, in the organization; or is employed by the organization; or has a personal financial interest in the proposal whether direct or indirect; or serves as an officer, employee or member of the governing body of any other institution or agency which has an interest in the proposal whether direct or indirect.”

“The executive director is under a contract negotiated and approved by the board of directors. Every year the executive director and director of human resources under take a review of salary level for each job category. The survey published by abbot langer is a key reference guide. This survey analyzes job titles by geographical region of the country and organizational size based on budget and employee base. There is contemporaneous documentation and recordkeeping of the deliberations and decisions regarding the compensation arrangement.”

“Governing documents and policies are available upon request by the public. The website contains the latest annual report as well as the latest evaluation from one of the kids programs.”

“Impairment loss -208,000.”

“This process has not changed from the prior year.”