Christopher Street West Association Inc.

“Csw's committees must receive board approval on all financial matters and when acting on behalf of the organization. Minutes are only taken for the board meetings none for the committee meetings.”

“The 990 is reviewed by the finance committee and then is presented to the board for approval.”

“The board development committee reviews and monitors on a regular basis.”

“Documents are available on the organization's website: www.lapride.org, guidestar and on request.”

“Documents are made available upon request.”

“Entertainers: program service expenses 342,825. Management and general expenses 0. Fundraising expenses 0. Total expenses 342,825. Professional fees: program service expenses 978,973. Management and general expenses 302,323. Fundraising expenses 500. Total expenses 1,281,796.”

“Contract labor: program service expenses 0. Management and general expenses 169,866. Fundraising expenses 0. Total expenses 169,866. Parade permits and fees (donated): program service expenses 169,321. Management and general expenses 0. Fundraising expenses 0. Total expenses 169,321. Bank & merchant fees: program service expenses 150,802. Management and general expenses 9,243. Fundraising expenses 0. Total expenses 160,045. Donations: program service expenses 21,665. Management and general expenses 2,596. Fundraising expenses 0. Total expenses 24,261. Communications: program service expenses 8,672. Management and general expenses 6,441. Fundraising expenses 0. Total expenses 15,113. Website development: program service expenses 0. Management and general expenses 12,435. Fundraising expenses 0. Total expenses 12,435. Printing: program service expenses 11,956. Management and general expenses 0. Fundraising expenses 109. Total expenses 12,065. Taxes, licenses & dues: program service expenses 20. Management and general expenses 4,275. Fundraising expenses 0. Total expenses 4,295. Automotive: program service expenses 200. Management and general expenses 65. Fundraising expenses 0. Total expenses 265.”

“PROCESS DID NOT CHANGE”

“Casa del sol, a residential apartment complex, is a restricted asset reported in the fixed asset portion of the balance sheet. The property is managed by aids project los angeles (apla, a non-profit organization) who acts as the lessee for christopher street west association, inc. Csw holds a note with the ca housing rehabilitation project, dept. Of housing and community development, which restricts the tenants of the property to be only individuals who qualify as disabled, including those living with hiv/aids. Csw has a 40 year lease with apla which does not allow the organization to sell the property during the tenure of this lease.”

“The returns are being amended as the financial audit was not finalized by the final due date of the tax returns and after filing the returns it was discovered that credit card expenses totaling $12,232 was incorrect and therefore removed from the accounting. The changes affected administrative expenses reducing them by $12,323 and changes were made reducing cash, prepaid expenses and accounts payable by the same total. The loss for the year was also reduced by $12,232. There were no changes to the program expenses for the year.”