Human Development Center Inc.

“A copy of the form 990 is provided to the executive committee for review prior to the return being filed. The executive committee is comprised of the officers of the board of directors. The executive committee functions as the organization's audit committee.”

“The board of directors approves any increase in compensation to the executive director.”

“The executive director has the authority and discretion to increase compensation to all other employees and officers of human development center, inc.”

“All organizational documents, board of directors meeting minutes and financial statements and other financial information are available to the public upon request.”

“The september 30, 2021 form 990 was submitted prior to the annual audit having been completed. The form 990 needed to be filed prior to the completion of the annual audit in order to avoid a late filing. Upon finalizing the audit it was determined that the following corrections would need to be made to the 9-30-21 form 990: 1. Part viii - line 1e - government grants needed to be reduced by 1,169 and interest income needed to be increased by 1,169 due to a misclassifcation error. 2. Part viii - line 1e - government grants needed to be increased by 304,057 to record the employee retention credit refund for the quarter ended september 30, 2021 that had been applied for on the timely filed 9- 30-21 form 941 - employer's quarterly federal tax return. A correcting entry was made to record this amount as a receivable as of 9-30-21. 3. Part viii - line 2b - fees from clients needed to be increased by 7,638 due to a misclassification error. The 7,638 was incorrectly recorded as an acccrued expense liability. 4. Part x - balance sheet - line 28 - net assets with donor restrictions should have been reported as 10,966 rather than 1,427 as originally reported and line 27 - net assets without donor restrictions should have been recorded at a lesser amount to reflect the 9,539 increase in net assets with donor restrictions. 5. Part x - balance sheet - line 4 - accounts receivable was increased by an additional 1 to agree with the audited financial statements amount of 589,148 and line 17 - accounts payable and accrued expenses was increased by an additional 1 to agree with the audited financial statements amount of 267,210. The impact of the above corrections on the form 990 is to increase total net assets by 311,695 (correction 2 - 304,057 plus correction 3 - 7,638) from 2,869,869 as originally reported to 3,181,564 as amended.”