Los Angeles County Developmental Services Foundation

“The form 990 is reviewed by the administrative affairs committee of the board of directors prior to its finalization. The tax return with any neccesary changes is then approved by the board of directors after recommendations by the committee. The final copy of the form 990 is forwarded to the entire board of directors before it is filed with the irs.”

“If a potential or present conflict of interest is identified for a regional center employee that cannot be eliminated, the regional center shall, within 30 days of receipt of the statement, submit to the department a copy of the conflict-of-interest statement and a plan that proposes mitigation measures, including timeframes and actions the regional center or the employee, or both, will take to mitigate the conflict of interest. If a present or potential conflict of interest is identified for a regional center director or a board member that cannot be eliminated, the regional center governing board shall, within 30 days of receipt of the statement, submit to the department and the state council a copy of the conflict-of-interest statement and a plan that proposes mitigation measures, including timeframes and actions the regional center governing board, or the individual, or both, will take to mitigate the conflict of interest.”

“Annually, officer and key employee compensation is determined through independent review and approval by the board of directors. When appropriate, compensation studies, consultation with independent compensation specialists, and performance reports are utilized.”

“The entity makes its governing documents, its form 990, and its determination letter available upon request.”

“Board of directors pursuant to the lanterman act of the state of california, the center is required to appoint persons with disabilities (clients who receive services) or their parents or guardians to the board of directors. The lanterman act also requires one board member to be a client service provider. To comply with state law, the center's board of directors includes 4 clients, 5 parents/legal guardians of clients, and 1 service provider as of june 30, 2014.”

“The audit committee has not changed their oversight process or selection process in terms of their selection of an independent accountant retained to audit their financial statements.”

“Fixed assets pursuant to the terms of the dds contract, equipment purchases become the property of the state and, accordingly, are charged as expenses when incurred. For the years ending june 30, 2014 and 2013, equipment purchases totalled $247,876 and $201,797, respectively.”