Marc Community Resources Inc.

“Form 1098-C was not required to be filed for the receipt of contributed vehicles because the donor was a governmental entity.”

“Enforcing agency policy on conflicts of interest is the responsibility of Marc Community Resources audit committee. This committee dedicates one meeting per year to 1 Ensure all conflict of interest statements have been received, 2 Ensure conflicts are fully understood and implications discussed and disposition agreed upon, 3 Ensure that board members with conflicts, if any, follow policy with respect to voting on matters that they may have a conflict with, and 4 recommend enhancements to existing forms, policies, and training related to conflicts of interest.”

“Each year the Board approves performance goals for the CEO based primarily on the Board approved strategic plan. At the end of the year, the board chair completes a performance evaluation. In addition to the performance evaluation, the board is provided data from the most recent Guidestar Compensation Study and/or credible surveys/studies. The board is provided a five year historical wage analysis that breaks down all the components of comprehensive compensation. Periodically, the organization contracts with an independent organization to conduct a formal compensation study to provide the board with benchmark data and provide independent assurances that compensation is reasonable based on IRS guidelines. Finally the board is provided the breakdown of comprehensive compensation to all officers and key employees that report directly to the CEO. The board convenes to approve compensation that is appropriately comparable per IRS guidelines and consistent with the performance evaluations.”

“The Organization will provide in a timely manner, copies of all policies, procedures, annual financial audits and 990s when requested in writing or in person.”

“Program Service Expenses 6,664,329, Grants and allocations 0, Revenue 7,179,095 Day Programs Day programs help keep the family unit intact by allowing parents to work while son or daughter participate in meaningful day activities that focus on living skills, socialization and community integration. 100 of individuals served were satisfied with services and 99 of service participants expressed at discharge that services facilitated community integration and/or self-sufficiency. The day programs averaged 38 outings per month to promote integration and learning in the community.”

“Program Service Expenses 2,156,973, Grants and allocations 0, Revenue 2,917,863 Outpatient clinic. Marc Community Resources served over 1,500 individuals in its outpatient treatment clinics and scored over 98 on all measures of consumer, family and funding source satisfaction surveys. 95 of the individuals who were referred to Marc Community Resources Outpatient Clinic received services within seven days of the referral.”

“Program Service Expenses 196,378, Grants and allocations 0, Revenue 167,959 Other Housing. Marc Community Resources received homes from the City of Mesa associated with the Federal Neighborhood Stabilization Project. These homes are rented out to qualifying low income tenants.”

“Program Service Expenses 0, Grants and allocations 0, Revenue 551,813 Revenue from cost reimbursements and technical agreements with subsidiaries that are under the common control of Marc Community Resources. The related reimbursed expenses are reported as Administrative expenses on the statement of functional expenses, in agreement with the audited financial statements. Additionally, Marc Community Resources utilizes their infrastructure in-place to offer minor maintenance projects to similary situated 501 c3 organizations.”

“and Part XII, Line 2 b A consolidated audit has been conducted for the organization and its affiliates for the fiscal year ending September 30, 2017. However, as of the extended filing date of the tax return, the audit has not been finalized or approved due to pending confirmation of deferred revenue from a third party .”

“Copies of the 990 and all related schedules are sent to the Board of Directors for review after being reviewed and approved by the audit committee. Any questions the Board might have are directed back to the Chief Financial Officer. The 990 is then discussed at a full board meeting and approved by the Board of Directors.”

“Unrealized gain on investmentsUnrealized gain of the swap to fix variable interest debt of 206,361.”

“Other Change in Net Assets Equity method income loss from Investment in Subsidiaries 84,667.”

“The board of directors have assigned members to an audit committee to oversee the financial statement audit and select the independent auditor.”