Down East Partnership for Children

“Form 990 is reviewed by the finance committee who recommends it for approval to the full board or the executive committee who is authorized to make financial decisions for approval.”

“We list member's conflicts on the back of name cards and develop a chart that is closely monitored during meetings.”

“Salary is compared to other similar organizations with data provided by the nc center for nonprofits. Salary is then subject to approval by the executive committee.”

“Public file of form 990 is maintained in the controller's office.”

“Financial statements and conflict of interest policies are available for viewing in the controller's office.”

“Contracted service: program service expenses 22,331. Management and general expenses 8,374. Fundraising expenses 493. Total expenses 31,198. Furniture & equipment: program service expenses 21,555. Management and general expenses 2,514. Fundraising expenses 527. Total expenses 24,596. Telephone: program service expenses 12,350. Management and general expenses 3,287. Fundraising expenses 381. Total expenses 16,018. Dues & subscriptions: program service expenses 8,709. Management and general expenses 2,845. Fundraising expenses 794. Total expenses 12,348. Building improvements: program service expenses 9,341. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,341. Payroll service: program service expenses 2,747. Management and general expenses 6,570. Fundraising expenses 0. Total expenses 9,317. Printing: program service expenses 7,781. Management and general expenses 462. Fundraising expenses 33. Total expenses 8,276. Postage/fed ex: program service expenses 5,488. Management and general expenses 2,042. Fundraising expenses 301. Total expenses 7,831. Employee training: program service expenses 5,039. Management and general expenses 1,620. Fundraising expenses 0. Total expenses 6,659. Equipment rental: program service expenses 4,660. Management and general expenses 1,568. Fundraising expenses 137. Total expenses 6,365. Bank fees & other expenses: program service expenses 0. Management and general expenses 361. Fundraising expenses 3,724. Total expenses 4,085. Temporary service: program service expenses 1,060. Management and general expenses 1,060. Fundraising expenses 0. Total expenses 2,120. Board member expense: program service expenses 0. Management and general expenses 1,108. Fundraising expenses 0. Total expenses 1,108.”

“Because of our reporting basis we expense all capital purchases in the year they were bought, we do however own outright a 20,000 square foot building that sits on 2.5 acres of downtown rocky mount, nc and the property includes a model outdoor learning environment. The cost of this property is $1,049,184.”

“In fy17 the down east partnerhship received funding from multiple private grants which were not fully expended unitl fy17. Since we operate on a cash basis, this resulted in expenditures greater than revenue in fy18.”