Maple Shade Youth and Family Servic

“Independent contractor (part vii -section b)and interim ceo have a family relationship.”

“The organization delegated the management duties from community neurogical health llc to ehms llc as of november 2021”

“The form 990 is reviewed by the ceo and passed along to the board of directors for review. Questions or concerns that any board member may have are directed to the ceo and addressed before the form is filed.”

“The orgnization has a written conflict of interest policy that requires employees and board members to annually disclose interests that could give rise to conflicts. If an actual or potential conflict occurs, it is imperative the employee or board member disclose the instance to an officer of the organization as soon as possible. The board of directors regularly monitors and enforces compliance with this policy.”

“Interim ceo has ownership interest in the management company hired by the organization. The board of directors annually approves the contract with the management company. The board of directors reviews and approves the key employee salaries on an annual basis during the budget process. Organization also takes into consideration cola and marketplace data. Recruiting experience also helps provide insight into salary requirements.”

“The board of directors approves the annual budget. At the same time, they recommend and approve compensation for key department managers. The organization also takes into consideration cola and marketplace data.”

“The organization makes its form 990 available to the public upon request.”

“During the fiscal year ended june 30, 2024, the organization adopted accounting standards update (asu) 2016-13, financial instrumentscredit losses (topic 326). This standard introduced the current expected credit loss (cecl) model for estimating credit losses on financial assets measured at amortized cost, including accounts receivable. As a result of implementing the cecl model, the organization recorded a $47,000 increase in its allowance for credit losses, which was recognized as a direct adjustment to beginning net assets.”

“Part x: maple shade youth and family services is exempt from federal income taxes under sections 501 (c) (3) of the internal service revenue code. The organization complies with asc 740-10 income taxes, which establishes a threshold for determining when an income tax benefit of a tax position can be recognized. As of june 30th, 2025 and 2024 the organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements under asc 740,formerly fasb interpretion no. 48.”