Coordinated Child Care of Pinellas Inc

“No review was or will be conducted.”

“The conflict of interest policy is addressed at board meetings.”

“The board discusses and obtains information regarding comparable salary levels when determining compensation levels.”

“The board discusses and obtains information regarding comparable salary levels when determining compensation levels.”

“Documents are available upon request.”

“Provides services centered on preparing children for school and to remain successful in school. These services are designed to help children and youth develop the necessary social, emotional, and cognitive skills to enhance their capability for learning and becoming competent and caring adults.”

“On may 8, 2014, the organization and rclub child care, inc. (rclub), a not-for-profit organization that provides child care services in west central florida, entered into an asset purchase agreement. The closing date of the acquisition occurred at the end of the business day may 30, 2014, at which time rclub acquired substantially all of the assets used in connection with the operations of the organization and assumed substantially all liabilities of the organization. Prior to the acquisition the organization revalued all its assets at fair value and recorded an impairment loss of 1,609,358 in the consolidated statement of activities. The remaining net assets of the organization at may 30, 2014 were then recorded as a contribution to rclub at their fair value of 1,626,801 in the consolidated statement of activities. The components of assets acquired and liabilities assumed are as follows: cash and investments 94,066 accounts receivable 1,405,641 beneficial interest 120,000 land lease 86,000 property, plant, and equipment 1,444,427 other 23,450 ------------ total assets 3,173,584 accounts payable 949,136 accruals 31,459 debt 566,188 ------------ total liabilities 1,546,783 ------------ excess of assets over liabilities 1,626,801 ============”

“Change in beneficial interest 11,759 impairment 56,085 contribution to r'club 2,896,585”