Evergreen Treatment Services

“The form 990 will be reviewed by the chief financial officer. Once approved, the form 990 is routed to the finance committee of the board of directors for comment. Any feedback received during the review process is incorporated into the final version that gets filed with the internal revenue service. Copies are then made available to the full board of directors and the public upon request.”

“Evergreen treatment services (ets) requires that all officers, directors and executive staff complete an annual conflict of interest statement. Additionally, ets' chief executive and executive staff have the responsibility of monitoring proposed or ongoing transactions for conflicts of interest for possible disclosure to the board of directors in order to deal with potential or actual conflicts. In the event a conflict is determined to exist, the most common monitoring and enforcement method involves excluding the individual with conflict from participating in the discussion and all decisions and votes affecting the area of conflict.”

“The process for determining compensation of ets' chief executive includes comparable compensation information such as the annual united way survey as well as review of compensation for similarly qualified people in functionally comparable positions at similar organizations. Final compensation is subject to review and approval of the board of directors on an annual basis. The process for determinining compensation of other employees other than ets' chief executive includes review of many sources of salary information. Due to market conditions, critical requirements for medical assessments, and periodical medical visits, the salaries of the medical directors and providers were increased by the organization.”

“Evergreen treatment services ("ets") makes forms 1023 and 990 available to the public upon request. Ets also provides copies of its governing documents, conflict of interest policy and financial statements to the public as required.”

“The board of directors, through their finance committee, provides oversight of the annual financial statement audit and the selection of an independent accountant.”

“Evergreen treatment services uses volunteers to serve on its board of directors and related board committees. Periodically, volunteers are also used to perform a variety of other needed business activities as such volunteers become available to ets.”

“The taxpayer hereby elects, pursuant to irc section 168(k)(7), not to claim first year bonus depreciation for the following qualifying property placed in service during the tax year ending 6/30/20. All property in the 3 year class all property in the 5 year class all property in the 7 year class all property in the 10 year class all property in the 15 year class all property in the 20 year class all property in the 25 year class computer software as defined by irc section 167(f)(1)(b) qualified leasehold improvement property”

“During the year ended june 30, 2020, management detected an error in the recording of depreciation of grant acquired property and equipment acquired during the fiscal years 2016-2019. Prior year financial statements incorrectly included depreciation expense for these assets aggregating $798,495. As a result of this error, depreciation expense in the the statements of activities for the fiscal years 2016-2019 was ovestated by $798,495 and the contingent property and equipment liabilities on june 30 of the respective years were overstated by the same amount. Accordingly, on july 1, 2019, net assets without donor restrictions have been increased by $798,495 and contingent liabilites have been decreased by $798,495 to correct this misstatement.”

“Contingent property and equipment liabilities represents the value of fixed assets that were acquired and financed by certain reach and treatment contract/grant funds. Such fixed assets are not owned by evergreen treatment services and will need to be returned to the grantor at the end of the contract.”