Rivendell Nursery School

“Office Expenses $418”

“Insurance $5304”

“TELEPHONE EXPENSES $1632”

“Program supplies expenses $541”

“repairs & maintenance $327”

“Field trip/potluck/parties exp $295”

“Housekeeping/food expenses $274”

“fees/licenses/permits $267”

“bank fees $60”

“EMPLOYEE ADVANCES - Beginning $800 EMPLOYEE ADVANCES - Ending $800”

“SECURITY DEPOSIT - Beginning $50 SECURITY DEPOSIT - Ending $50”

“Accounts Payable and Accrued Expenses - Beginning $1622 Accounts Payable and Accrued Expenses - Ending $0”

“Secured Mortgages and Notes Payable - Beginning $31012 Secured Mortgages and Notes Payable - Ending $31012”

“990 V.3B - RIVENDELL NURSERY SCHOOL DOES NOT HAVE ANY UNRELATED BUSINESS INCOME. WE RECEIVED ALL OUR INCOME FROM TUITION FEES990 VI - SECTION 11B - THE RIVENDELL NURSERY SCHOOL BOARD OF DIRECTORs are NOTIFIED WHEN THE 990 IS COMPLETE AND AVAILABLE FOR INSPECTION.990 VI, SECTION B, 12B, 12C - RIVENDELL'S BOARD OF DIRECTORS DO NOT REQUIRE OFFICERS, PARENT GROUPS OR EMPLOYEES TO ANNUALLY DISCLOSE ANYTHING THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE ABOVE ARE REQUIRED TO NOTIFY THE BOARD OF DIRECTORS WHENEVER THERE IS A POTENTIAL FOR A CONFLICT OF INTEREST TO OCCUR. RIVENDELL IS A VERY SMALL ORGANIZATION IN A SMALL TOWN. DIRECTORS, EMPLOYEES AND VOLUNTEER TURNOVER IS MINIMAL WITH GENERALLY THE SAME INDIVIDUALS WORKING AT THE SCHOOL. MEMBERS OF THE BOARD OF DIRECTORs, ETC YEAR AFTER YEAR RIVENDELL HAS ALWAYS RELIED ON THE HONOR SYSTEM AND PEOPLE'S GOOD WILL TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST IN SUCH A SMALL COMMUNITY. IT WOULD BE NEARLY IMPOSSIBLE TO HAVE A CONFLICT OF INTEREST THAT WAS NOT KNOWn TO THE REST OF THE COMMUNITY.990 VI, SECTION B, 15A, 15B - THE RIVENDELL BOARD DIRECTORS are A VOLUNTEER BOARD. THEY ARE NOT COMPENSATED.990 VI, SECTION C19 - ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST. THE PUBLIC IS NOTIFIED IN THE PARENT AND EMPLOYEE HANDBOOKS THAT DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS CAN BE REVIEWED ON REQUEST.990 VII, SECTION a, COLUMN B - THE BOARD OF DIRECTORS MEET AS NEEDED.”