2011-11-14T15:07:04-06:00 2010-12-31 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2010-01-01 050258819 CHILDREN'S FRIEND AND SERVICE CHIL 4012764300 153 SUMMER STREET PROVIDENCE RI 02903 DAVID CAPRIO 4012764300 2011-11-14 1 DEBORAH A HOPKINS 4012742001 2010 2016-03-07 17:11:31Z DAVID CAPRIO 153 SUMMER STREET PROVIDENCE RI 02903 28192077 0 X WWW.CFSRI.ORG X 1834 RI TO PROMOTE THE WELL-BEING AND HEALTHY DEVELOPMENT OF RHODE ISLAND'S MOST VULNERABLE CHILDREN 21 20 427 650 0 0 706725 1484725 13860651 21191014 602576 1116826 -30005 8299 15139947 23800864 0 0 0 0 9581323 14900195 0 0 311691 6174442 7687503 15755765 22587698 -615818 1213166 23307334 25523425 2299843 2326777 21007491 23196648 X TO PROMOTE THE WELL-BEING AND HEALTHY DEVELOPMENT OF RHODE ISLAND'S MOST VULNERABLE CHILDREN BY PROVIDING FLEXIBLE, EFFECTIVE AND CULTURALLY RELEVANT SERVICES THAT SUPPORT AND STRENGTHEN FAMILIES AND COMMUNITIES. 0 0 897297 852953 ADOPTION/FOSTER CARE - THE ADOPTION/FOSTER CARE PROGRAM PROVIDES A FULL CONTINUUM OF ADOPTION, COUNSELING, CASE-MANAGEMENT, SUPPORT AND EDUCATIONAL SERVICES FOR BIRTH PARENTS, CHILDREN, ADOPTIVE PARENTS AND ADULT ADOPTEES. THE PROGRAM ALSO PROVIDES FOSTER CARE PLACEMENTS FOR AT-RISK CHILDREN OF ALL AGES WHO ARE IN NEED OF TEMPORARY OUT OF HOME CARE, THROUGH A CONTRACT WITH THE STATE DEPARTMENT OF CHILDREN, YOUTH AND FAMILIES. THE PROGRAM ALSO RECRUITS, TRAINS AND ASSISTS IN THE LICENSING OF FOSTER PARENTS.DURING 2010, 7 CHILDREN WERE PLACED FOR ADOPTION, 5 ADOPTIONS WERE FINALIZED, AND ADOPTION HOME STUDIES WERE COMPLETED FOR 4 PROSPECTIVE ADOPTIVE FAMILIES. THE PROGRAM ALSO PROVIDED POST-PLACEMENT SUPERVISION SERVICES TO 4 ADOPTIVE FAMILIES.FOSTER CARE SERVICES WERE PROVIDED TO 41 CHILDREN, 20 NEW FOSTER FAMILIES WERE TRAINED, 8 FAMILIES WERE LICENSED AND 28 PREVIOUSLY LICENSED FAMILIES REMAINED ACTIVE, FOR A TOTAL OF 36 FAMILIES.THE PROGRAM RESPONDED TO 8 REQUESTS FROM ADULT ADOPTEES FOR NON-IDENTIFYING BACKGROUND INFORMATION. THE FAMILIES OF 28 PREGNANT WOMEN WERE PROVIDED WITH PREGNANCY COUNSELING AND ADOPTIVE PLACEMENT ASSISTANCE AS NEEDED. IN ADDITION, THE PROGRAM RESPONDED TO OVER 100 INQUIRIES FOR INFORMATION AND REFERRALS REGARDING ADOPTION AND FOSTER CARE RELATED ISSUES.THE ADOPTION SUPPORT AND PRESERVATION PROGRAM PROVIDES INTENSIVE, HOME BASED COUNSELING AND CASE MANAGEMENT SERVICES TO PREVENT ADOPTION DISRUPTION AND PROMOTE WELL BEING OF ADOPTIVE FAMILIES. FAMILIES ARE ALSO PROVIDED WITH AGENCY-BASED SUPPORT, EDUCATION GROUPS AND RESPITE SERVICES. THE PROGRAM ALSO PROVIDED TRAINING FOR PROFESSIONALS PROVIDING ADOPTION-RELATED SERVICES.A TOTAL OF 65 CHILDREN AND THEIR FAMILIES RECEIVED INTENSIVE FAMILY PRESERVATION PLANNING SERVICES AND SUPPORT FOR CHILDREN IN OUT-OF-HOME PLACEMENTS. INTENSIVE, HOME-BASED COUNSELING AND CASE MANAGEMENT SERVICES ARE PROVIDED TO CHILDREN AND THEIR BIRTH AND FOSTER PARENTS. THE PROGRAM ALSO PROVIDES SUPPORT, EDUCATION AND TRAINING FOR FOSTER PARENTS.THE PARTNERS IN PERMANENCY PROGRAM PROVIDES CONCURRENT PERMANENCY PLANNING SERVICES AND SUPPORT FOR CHILDREN IN OUT-OF-HOME PLACEMENTS. INTENSIVE, HOME-BASED COUNSELING AND CASE MANAGEMENT SERVICES ARE PROVIDED TO CHILDREN AND THEIR BIRTH AND FOSTER PARENTS. THE PROGRAM ALSO PROVIDES SUPPORT, EDUCATION AND TRAINING FOR FOSTER PARENTS.ADDITIONALLY, THE PROGRAM PROVIDES TRAINING AND CONSULTATION TO PROFESSIONALS INVOLVED IN MAKING DECISIONS REGARDING CHILD WELFARE. A TOTAL OF 24 CHILDREN AND THEIR BIRTH FAMILIES AND FOSTER FAMILIES RECEIVED PROGRAM SERVICES DURING 2010. 14714807 14501507 FAMILY SUPPORT INITIATIVE - DURING 2010, THERE WERE 280 TARGETED CHILDREN IN 247 FAMILIES WHO RECEIVED HOME VISITING SERVICES FROM THE EARLY HEAD START PROGRAM. THE FAMILY SUPPORT PROGRAMS TARGET AT-RISK FAMILIES WITH CHILDREN BETWEEN THE AGES OF BIRTH TO 3 YEARS LIVING IN PROVIDENCE, PAWTUCKET, AND CENTRAL FALLS, RHODE ISLAND. HOME BASED SOCIAL, EMOTIONAL, AND CHILD DEVELOPMENT SERVICES, CRISIS INTERVENTION, CASE MANAGEMENT, HEALTH AND NUTRITION EDUCATION, PRENATAL EDUCATION, COUNSELING AND PARENTING EDUCATION ARE PROVIDED TO THE FAMILIES IN THEIR PRIMARY LANGUAGE. IN ADDITION TO WEEKLY HOME VISITS, FAMILIES PARTICIPATE IN CENTER-BASED ACTIVITIES AND SUPPORT GROUPS OFFERED TO BOTH MOTHERS AND FATHERS. THE FAMILY SUPPORT INITIATIVE ALSO PROVIDES SERVICES THROUGH OUR FAMILY SUPPORT DROP-IN CENTERS IN PROVIDENCE AND CENTRAL FALLS, RHODE ISLAND. THE TWO FAMILY SUPPORT CENTERS SERVED 3,171 INDIVIDUALS REPRESENTING 1,033 FAMILIES, PROVIDING THEM WITH CRISIS INTERVENTION, TRANSLATION, AND CLOTHING, ASSISTANCE WITH BENEFITS, SERVICE LINKAGE AND SUPPORT.WOMEN, INFANTS AND CHILDREN (WIC) IS A NUTRITION PROGRAM THAT PROVIDES: HEALTHY FOODS, NUTRITION EDUCATION TO IMPROVE FAMILY HEALTH, BREASTFEEDING ADVICE AND SUPPORT, REFERRALS TO DOCTORS, DENTISTS AND OTHER COMMUNITY SERVICES. WIC HELPS PREGNANT WOMEN, BREASTFEEDING MOTHERS, AND NEW MOTHERS WITH BABIES UNDER SIX MONTHS OLD, FATHERS, GRANDPARENTS, FOSTER PARENTS, BABIES, AND CHILDREN YOUNGER THAN FIVE YEARS OLD.THE ORGANIZATION PROVIDES SERVICES UNDER THE WIC PROGRAM IN CENTRAL FALLS AND PAWTUCKET.DURING 2010, 4,336 CHILDREN AND THEIR FAMILIES RECEIVED SERVICES THROUGH THE WIC PROGRAM.THE FIRST CONNECTIONS PROGRAM IS A HOME-BASED OUTREACH SERVICE INTENDED TO PROMOTE THE HEALTH AND WELL-BEING OF MOTHERS AND THEIR NEWBORN CHILDREN. MOTHERS AND NEWBORNS, WITH POTENTIAL RISKS FOR HEALTHY DEVELOPMENT, ARE IDENTIFIED BY THE HOSPITAL WHEN THE BABY IS BORN.THE ORGANIZATION PROVIDES SERVICES UNDER THE FIRST CONNECTIONS PROGRAM IN CENTRAL FALLS, PAWTUCKET, CRANSTON AND PARTS OF PROVIDENCE.DURING 2010, 3,947 NEWBORN CHILDREN RECEIVED SERVICES THROUGH THE PROGRAM.HEAD START IS A COMPREHENSIVE CHILD AND FAMILY DEVELOPMENT PROGRAM THAT PROMOTES SCHOOL READINESS IN LOW-INCOME PRESCHOOL CHILDREN. SERVICES INCLUDE EDUCATION, HEALTH, NUTRITION, SOCIAL SERVICES AND OTHER CHILD AND FAMILY SUPPORTS. PARENTS ARE INVOLVED IN THEIR CHILDREN'S LEARNING AND THE PROGRAM HELPS FAMILIES IN MEETING THEIR EDUCATIONAL, LITERACY AND EMPLOYMENT GOALS.THE HEAD START PROGRAM ENSURES THAT ALL CHILDREN ARE UP-TO-DATE WITH IMMUNIZATIONS AND THAT THEIR HEALTH NEEDS ARE BEING MET. CHILDREN RECEIVE NUTRITIOUS MEALS AND SNACKS WHILE PARTICIPATING IN THE PROGRAM. FAMILIES ARE LINKED WITH RESOURCES AND PROVIDED SUPPORT IN MEETING THEIR GOALS. THE ORGANIZATION PROVIDES SERVICES UNDER THE HEAD START PROGRAM IN PROVIDENCE AND THE BLACKSTONE VALLEY AREA.DURING 2010, 2,011 CHILDREN AND THEIR FAMILIES RECEIVED SERVICES THROUGH THE PROGRAM.THE CHILD CARE CENTER OPERATES AT THE CENTRAL FALLS FAMILY SUPPORT CENTER. THIS CENTER SERVES 12 INFANTS, 18 TODDLERS, AND 40 PRESCHOOL CHILDREN IN THE DCYF LICENSED CHILDCARE PROGRAM. DURING 2010, 119 CHILDREN WERE ENROLLED IN THIS PROGRAM. 8 OF THE CHILDREN WERE ENROLLED IN KIDS CONNECT. KIDS CONNECT IS FUNDED THROUGH THE DEPARTMENT OF HUMAN SERVICES FOR CHILDREN WHO ARE MEDICAID ELIGIBLE. THESE ARE CHILDREN WITH SPECIAL HEALTH CARE NEEDS WHO ARE LIVING AT HOME OR WITH A FOSTER FAMILY AND NOW HAVE BEEN DIAGNOSED WITH CERTAIN SIGNIFICANT PHYSICAL, DEVELOPMENTAL, BEHAVIORAL OR EMOTIONAL CONDITIONS. 2956361 2856326 CHILDSPAN - RHODE ISLAND'S DEVELOPMENT AND EDUCATION TRAINING SYSTEM IS RHODE ISLAND'S MAIN RESOURCE FOR PROMOTING QUALITY CHILDCARE FOR CENTER AND HOME BASED CHILDCARE PROVIDERS. THROUGH THIS PROGRAM, COURSES, WORKSHOPS, CONFERENCES, TECHNICAL ASSISTANCE AND REFERRAL SERVICES ARE PROVIDED TO CHILDCARE STAFF AND ADMINISTRATORS. IN 2010, 680 ENGLISH SPEAKING INDIVIDUALS WERE SERVED AND 127 SPANISH SPEAKING INDIVIDUALS FOR A TOTAL OF 807 SERVED.576 PATRONS BORROWED BOOKS, VIDEOS AND OTHER EDUCATIONAL MATERIALS FROM THE PROFESSIONAL LENDING LIBRARY. 78 NEW RESOURCES WERE ADDED TO THE LENDING LIBRARY.THE FAMILY CHILD CARE FOOD PROGRAM TARGETS FAMILY CHILDCARE PROVIDERS IN THE CORE CITIES OF PROVIDENCE, PAWTUCKET AND CENTRAL FALLS, RHODE ISLAND, HOWEVER, IT IS OPEN TO ALL FAMILY CHILDCARE PROVIDERS STATEWIDE. OVER HALF OF THE PARTICIPANTS IDENTIFY SPANISH AS THEIR PRIMARY LANGUAGE. DURING 2010, 408 INDIVIDUALS PARTICIPATED IN THE FAMILY CHILD CARE FOOD PROGRAM. 1603048 1507090 EARLY INTERVENTION - EARLY INTERVENTION SERVICES FAMILIES AND CHILDREN WITH DEVELOPMENTAL DELAY AND/OR RISK AND CHILDREN WITH DISABILITIES BETWEEN THE AGES OF BIRTH TO 3 YEARS. CHILDREN RECEIVE A VARIETY OF SERVICES, MOST IN A HOME BASED OR COMMUNITY SETTING, FROM A MULTI-DISCIPLINARY TEAM. DURING 2010, 486 CHILDREN AND THEIR FAMILIES RECEIVED SERVICES THROUGH THE PROGRAM. 1198420 1276620 PROJECT CONNECT - PROJECT CONNECT IS A HOME-BASED INTERVENTION PROJECT DESIGNED TO ADDRESS THE PROBLEMS OF SUBSTANCE ABUSE AMONG HIGH-RISK FAMILIES INVOLVED IN THE CHILD WELFARE SYSTEM. FAMILIES ARE REFERRED BY DCYF AND SERVICES ARE TAILORED TO MEET THEIR NEEDS. APPROXIMATELY 101 FAMILIES RECEIVED INTENSIVE FAMILY PRESERVATION SERVICES IN THE YEAR 2010. 432066 196518 FAMILY COUNSELING - THE COUNSELING PROGRAM PROVIDES CULTURALLY COMPETENT, INNOVATIVE CLINICAL SERVICES TO VULNERABLE CHILDREN AND FAMILIES. THE SERVICES PROVIDED INCLUDE INDIVIDUAL COUNSELING,FAMILY COUNSELING, PLAY THERAPY, AND PARENTING SUPPORT. COUNSELING SERVICES ARE PROVIDED PRIMARILY IN THE OFFICE AND OCCASIONALLY IN THE HOME OR ANOTHER COMMUNITY LOCATION SUCH AS A SCHOOL. THE ORGANIZATION HAS CARING AND DEDICATED CLINICIANS WHO HAVE HAD SUCCESS WITH GUIDING CLIENTS TOWARD THE ACHIEVEMENT OF THEIR GOALS. THE PROGRAM STAFF FREQUENTLY COLLABORATES WITH OTHER PROVIDERS WITHIN THE AGENCY AND OUTSIDE THE AGENCY.A TOTAL OF 247 CHILDREN AND THEIR FAMILIES RECEIVED COUNSELING SERVICES IN 2010. PROJECT FAMILY - PROJECT FAMILY IS AN INTENSIVE FAMILY PRESERVATION PROGRAM WHICH TARGETS FAMILIES WHERE CHILD ABUSE AND/OR NEGLECT IS PRESENT AND THE RISK OF CHILD PLACEMENT IS HIGH. FAMILIES ARE REFERRED TO THE PROGRAM BY DCYF AND MUST HAVE AT LEAST ONE CHILD OF PRESCHOOL AGE OR YOUNGER. ALL SERVICES ARE HOME-BASED AND FAMILY-FOCUSED. DURING 2008, 24 FAMILIES RECEIVED INTENSIVE FAMILY PRESERVATION SERVICES. 3233534 2980228 21801999 1 1 0 1 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 458 0 427 1 0 0 0 0 0 1 1 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI MA X DAVID CAPRIO 4012764300 153 SUMMER STREET PROVIDENCE RI 02903 CARL R NEAL 1.00 X X 0 0 0 KIMBERLY MCCARTHY ESQ 1.00 X X 0 0 0 CARMEN A MIRABAL 1.00 X X 0 0 0 MAUREEN E GURGHIGIAN 1.00 X X 0 0 0 MICHAEL DISANDRO 1.00 X X 0 0 0 JOHN D CREGAN 1.00 X X 0 0 0 JO ANN HARRY 1.00 X X 0 0 0 ALLEN A AKINOLA 1.00 X 0 0 0 WILLIAM J ALLEN 1.00 X 0 0 0 MARY CRAM 1.00 X 0 0 0 DORIS STEARN DONOVAN 1.00 X 0 0 0 MICHAEL DOOLEY 1.00 X 0 0 0 EVA C HULSE-AVILA 1.00 X 0 0 0 AMUDAT O LAWAL 1.00 X 0 0 0 LEONARD L LOPES ESQ 1.00 X 0 0 0 JOSEPH P MORAN III 1.00 X 0 0 0 EDUARDO E NAYA 1.00 X 0 0 0 MARTHA NEWCOMB ESQ 1.00 X 0 0 0 LEEANN NOONAN-WATTS 1.00 X 0 0 0 ALFRED K POTTER II FSMPS 1.00 X 0 0 0 JENNIFER SOUSA 1.00 X 0 0 0 THOMAS E WALSH JR 1.00 X 0 0 0 DAVID CAPRIO 37.50 X 134621 0 5877 LEE GROSSI 37.50 X 69708 0 11245 204329 0 17122 1 0 0 0 DAVID MONACO DBA ENCORE CATERING 176 ELMWOOD AVENUE WARWICK RI 02888 CATERING FOR CACFP 473308 J&A GENERAL CONTRACTORS LLC 48 KIMBALL STREET PROVIDENCE RI 02908 CLEANING/MAINTENANCE 269268 US SECURITY ASSOCIATES INC PO BOX 931703 ATLANTA GA 31193 SECURITY OFFICERS AND LOSS PREVENTION 261695 CBS THERAPHY INC PO BOX 550048 WALTHAM MA 02455 EARLY INTERVENTION CONSULTANT 137115 ROBERT HALF INTERNATIONAL INC 5720 STONERIDGE DRIVE PLEASANTON CA 94588 EMPLOYEES PLACEMENT 134963 5 21765 1462960 1063900 1484725 FAMILY SUPPORT INITIAT 624100 14501507 14501507 CHILDSPAN 624100 2856326 2856326 EARLY INTERVENTION 624100 1507090 1507090 PROJECT CONNECT 624100 1276620 1276620 ADOPTION/FOSTER CARE 624100 852953 852953 196518 196518 21191014 312487 312487 5195552 4391213 804339 804339 804339 MISCELLANEOUS 624100 8299 8299 8299 23800864 21191014 0 1125125 221444 96677 110726 14041 10907369 10662300 64540 180529 232287 227852 726 3709 2748993 2674878 31110 43005 790102 764349 11362 14391 156024 67349 88675 106711 104271 1764 676 83414 83414 679183 677349 774 1060 27800 27785 15 1061694 1026482 4808 30404 868845 835402 29560 3883 295465 294318 353 794 75217 63159 1035 11023 33616 5190 28426 231841 228841 3000 293535 287319 3302 2914 CHILD CARE MEALS 2516789 2516789 BAD DEBT 415093 415093 SECURITY 257732 255894 1069 769 MISCELLANEOUS 238040 228617 7446 1977 EQUIPMENT PURCHASES 146264 145083 686 495 200240 197002 1232 2006 22587698 21801999 474008 311691 112657 260727 1966099 1763622 22785 6951269 2166809 3566364 4784460 16871393 17360175 768036 1354441 23307334 25523425 1518416 1459524 500000 486668 281427 380585 2299843 2326777 X 10729105 12265674 1539323 2079133 8739063 8851841 21007491 23196648 23307334 25523425 X 1213166 975991 X 0 1 1 X 1 1 X 506159 542261 463377 706725 1484725 3703247 7615859 7967989 8531089 13865601 21191014 59171552 8122018 8510250 8994466 14572326 22675739 62874799 0 0 0 62874799 384928 384030 378649 292037 312487 1752131 384928 384030 378649 292037 312487 1752131 9745 9709 16019 10150 8299 53922 8516691 8903989 9389134 14874513 22996525 64680852 0.97210 0.96410 0.02710 0.03480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 345 345 22587353 22587698 1000000 250000 0 0 623943 657461 940044 1000000 3221448 4832172 320 187 316 345 1168 155986 164365 235011 250000 805362 1208043 0 0 0 0 10275795 1153016 515296 10913515 8569046 2251053 544304 10275795 8993894 -424848 8569046 1.00000 1 0 745129 745129 4507733 1192548 3315185 1200 1200 0 1363441 827379 536062 333766 145682 188084 4784460 PERPETUAL TRUST 1354441 F 1354441 UNEMPLOYMENT BENEFITS RESERVE 380585 380585 23800864 22587698 1213166 975991 975991 2189157 26128981 975991 1435540 2411531 23717450 83414 83414 23800864 23939824 1435540 1435540 22504284 83414 83414 22587698 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FUNDS ARE RESTRICTED TO BE INVESTED IN PERPETUITY AND THE INCOME DERIVED FROM THE INVESTMENT IS EXPENDABLE TO SUPPORT THE ACTIVITIES OF THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS A NOT FOR PROFIT CHARITABLE ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. AUTHORITATIVE GUIDANCE REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" TO BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE "MORE LIKELY THAN NOT" THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES AND THE FEDERAL INFORMATIONAL RETURNS FOR 2009, 2008, AND 2007 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. X 1 1063900 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS, WHO ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS. IF ANY REVISIONS ARE MADE, A FINAL COPY IS SENT TO ALL BOARD MEMBERS. THE FINALIZED VERSION OF THE 990 IS THEN SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE EXECUTIVE DIRECTOR ESTABLISHES THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM AND REVIEWS THE PERFORMANCE EVALUATIONS AND RECOMMENDED COMPENSATION WITH THE BOARD. THE EVALUATIONS AND COMPENSATION ARE DISCUSSED WITH THE BOARD ALTHOUGH NO VOTE OF APPROVAL OF THE EXECUTIVE DIRECTOR'S DECISION IS REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 975,991.