2023-04-25T12:14:06-04:00 2022-06-30 481255955 KUBIAK MELTON & ASSOCIATES LLC 6747 ACADEMY RD NE STE A ALBUQUERQUE NM 87109 990 2021-07-01 850348301 NEW MEXICO VOICES FOR CHILDREN NEWM 5052449505 625 SILVER AVENUE SW SUITE 195 ALBUQUERQUE NM 87102 AMBER WALLIN EXECUTIVE DIRECTOR 5052449505 2023-04-13 true AMBER WALLIN XXX-XX-XXXX DANIEL O TRUJILLO CPA P01060566 5058225100 2023-04-25 2021 2023-04-26 12:10:37Z AMBER WALLIN 625 SILVER AVE SW SUITE 195 ALBUQUERQUE NM 87102 3271887 false X WWW.NMVOICES.ORG X NM TO CHAMPION PUBLIC POLICIES THAT IMPROVE THE STATUS AND WELL-BEING OF NM'S CHILDREN AND FAMILIES RESEARCH AND EFFECTIVE ADVOCACY. 12 12 17 12 0 2350112 3239123 65112 1214 123 231 24650 27923 2439997 3268491 0 0 1010185 1054472 0 117342 882656 775491 1892841 1829963 547156 1438528 2847830 4227839 112584 54801 2735246 4173038 X NEW MEXICO VOICES FOR CHILDREN'S MISSION IS TO IMPROVE THE STATUS, WELL- BEING AND RACIAL/ETHNIC EQUITY OF NEW MEXICO'S CHILDREN, FAMILIES, AND COMMUNITIES IN THE AREAS OF HEALTH, EDUCATION, AND ECONOMIC SECURITY BY PROMOTING PUBLIC POLICIES THROUGH CREDIBLE false false 435075 TAX FAIRNESS & BUDGET ADEQUACY- NMVC BELIEVES IN EQUITABLE, RESPONSIBLE, AND TRANSPARENT TAX & BUDGET POLICIES THAT GENERATE SUFFICIENT REVENUES & ADDRESS INCOME INEQUALITY. NMVC ALSO BELIEVES THAT CHILDREN & FAMILIES SHOULD BE A HIGH PRIORITY IN FEDERAL, STATE & LOCAL BUDGETS, AS SHOULD ESSENTIAL SERVICES & FUNCTIONS. THIS INCLUDES ENSURING ADEQUATE BUDGETS FOR HEALTH, EDUCATION, & PUBLIC SAFETY SERVICES, AS WELL AS INFRASTRUCTURE IMPROVEMENT; SUPPORTING PROGRESSIVE TAX POLICIES & ESSENTIAL GOVERNMENT PROGRAMS THAT DIRECTLY BENEFIT LOW AND MIDDLE INCOME NEW MEXICANS & REDUCE POVERTY; PROMOTING TRANSPARENCY & ACCOUNTABLITY IN TAX POLICY, TAX INCENTIVES, AND THROUGHOUT THE BUDGETING PROCESS; AND CLOSE TAX LOOPHOLES & REQUIRE THAT ALL CORPORATIONS PAY THEIR FAIR SHARE OF TAXES. 230289 RACIAL/ETHNIC EQUITY AND CIVIC PARTICIPATION NMVC BELIEVES THAT OUR COLLECTIVE AND INDIVIDUAL NEEDS AND VOICES SHOULD BE REPRESENTED IN PUBLIC POLICY AND THAT THE RECOGNITION OF HUMAN AND CIVIL RIGHTS OF ALL PERSONS AND FAMILIES SHOULD NOT BE LIMITED BY RACE, ETHNICITY, RELIGION, ABILITY, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY, OR COUNTRY OF ORIGIN. THIS INCLUDES SUPPORTING JUST IMMIGRATION REFORM, SUPPORTING POLICIES THAT ENSURE ACCESS TO PUBLIC PROGRAMS FOR ALL NEW MEXICO RESIDENTS REGARDLESS OF LANGUAGE OR IMMIGRATION STATUS, OPPOSING VOTER SUPPRESSION TACTICS, ENCOURAGING CIVIC PARTICIPATION AND OPEN AND TRANSPARENT GOVERNMENTAL PROCESSES, ENSURING ALL NEW MEXICO RESIDENTS HAVE THE OPPORTUNITY TO PARTICIPATE IN THE POLICYMAKING PROCESS, SUPPORTING POLICIES THAT ADDRESS SYSTEMIC INEQUITIES, AND SUPPORTING POLICIES THAT IMPROVE RACIAL AND GENDER EQUITY IN THE STATE. 158449 ECONOMIC SECURITY & PROSPERITY - NMVC BELIEVES THAT LONG-TERM ECONOMIC PROSPERITY INVOLVES PROMOTING ECONOMIC AND WORKFORCE DEVELOPMENT OPPORTUNITIES FOR ALL NEW MEXICANS AND SUPPORTING ACCESS TO ADEQUATE WAGES, BENEFITS, PAID LEAVE, AND WORK SUPPORTS. THIS INCLUDES EXTENDING INCREASE ACCESS TO, AND FULLY FUNDING WAGE AND WORK SUPPORT PROGRAMS SUCH AS UNEMPLOYMENT INSURANCE, ADULT EDUCATION, TEMPORARY ASSISTANCE FOR NEEDY FAMILIES, FOOD AND SECURITY PROGRAMS, AND ECONOMIC RELIEF AND CASH ASSISTANCE; PROMOTING CONSUMER PROTECTION INITIATIVES, ESPECIALLY THOSE RELATED TO FINANCIAL SERVICES; INCREASE FUNDING FOR PROGRAMS SERVING HOMELESS AND LOW-INCOME INDIVIDUALS AND FAMILIES; AND SUPPORT EVIDENCE BASED ECONOMIC DEVELOPMENT STRATEGIES THAT ARE COMMITTED TO JOB CREATION, EDUCATIONAL IMPROVEMENT, AND INFRASTRUCTURE INVESTMENTS. 632664 EDUCATION AND EARLY LEARNING/CARE - NMVC BELIEVES THAT INVESTING IN THE EARLY YEARS AND IN THE EDUCATION CONTINUUM IS THE BEST WAY TO ENSURE THAT NEW MEXICANS HAVE THE BEST OPPORTUNITIES TO SUCCEED IN SCHOOL AND THROUGHOUT LIFE. PROGRAM ACTIVITIES INCLUDE: PROMOTING ACCESS TO QUALITY HOME VISITS FOR INFANTS AND TODDLERS; SUPPORTING FUNDING SOURCES THAT SUSTAIN EDUCATION PROGRAMS; SUPPORTING METHODS FOR CLOSING RACIAL/ETHNIC ACHEIVEMENT GAPS IN ALL STAGES OF EDUCATION; AND SUPPORTING EFFORTS TO IMPROVE EDUCATIONAL OUTCOMES FOR HOMELESS YOUTH. HEALTHY AND SAFE COMMUNITIES - NMVC BELIEVES THAT IT IS AN ETHICAL AND MORAL IMPERATIVE THAT ALL NEW MEXICO CHILDREN AND FAMILIES SHOULD HAVE ACCESS TO A COMPREHENSIVE AND HIGH-QUALITY SYSTEM OF PHYSICAL, ORAL, MENTAL AND BEHAVIORAL HEALTH CARE, AS WELL AS PREVENTION AND WELLNESS RESOURCES. NMVC ALSO BELIEVES THAT ALL NEW MEXICANS SHOULD LIVE AND THRIVE IN SAFE AND SUPPORTIVE COMMUNITIES. THIS INCLUDES FULLY SUPPORTING AND COMPLETELY IMPLEMENTING THE AFFORDABLE CARE ACT, INCLUDING THE "NO WRONG DOOR" POLICY; SIMPLIFYING AND INCREASING ENROLLMENT IN AND EXPANDING ACCESS TO PUBLIC HEALTH, PREVENTION, AND WELLNESS PROGRAMS, ESPECIALLY IN RURAL, TRIBAL AND LOW-INCOME AREA; INCREASING INVESTMENTS IN SCHOOL-BASED HEALTH CARE, TEEN PREGNANCY PREVENTION, OUT-OF-SCHOOL-TIME PROGRAMS, COMMUNITY & YOUTH DEVELOPMENT, COMMUNITY SCHOOLS, AND COMMUNITY INVOLVEMENT; SUPPORTING EFFORTS TO ENHANCE PUBLIC AND CHILD SAFETY, REDUCE INCIDENCE OF ADVERSE CHILDHOOD EVENTS SUCH AS CHILD ABUSE AND DOMESTIC VIOLENCE, PROMOTE EFFECTIVE GUN SAFETY MEASURES, AND ENACTING RESTORATIVE JUSTICE INITIATIVES TO BREAK THE SCHOOL-TO-PRISON PIPELINE. 632664 1456477 true true false true false false false false false true true false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 14 0 true 17 true false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false NM X X AMBER WALLIN 5052449505 625 SILVER AVE SW SUITE 195 ALBUQUERQUE NM 87102 AMBER WALLIN EXECUTIVE DI 40.00 X 109919 0 0 DEBRA BACA MEMBER 1.00 X 0 0 0 KENNETH MARTINEZ PSY D CHAIRPERSON 1.00 X 0 0 0 DANIELLE LANSING EDD MEMBER 1.00 X 0 0 0 MARSHA GARCIA MEMBER 1.00 X 0 0 0 R ANTONIO GRANILLO MEMBER 1.00 X 0 0 0 RUTH HOFFMAN MEMBER 1.00 X 0 0 0 FRED HARRIS JD MEMBER 1.00 X 0 0 0 YVETTE KAUFMAN-BELL MEMBER 1.00 X 0 0 0 JAVIER ACEVES MD VICE-CHAIR 1.00 X 0 0 0 OLIVIA UNDERWOOD JACKSON PHD MEMBER 1.00 X 0 0 0 NEWTON ROBINSON MEMBER 1.00 X 0 0 0 REV DR ROBERT WOODRUFF MEMBER 1.00 X 0 0 0 109919 1 false false false 26731 3212392 3239123 CONSULTING REVENUE 900099 1214 1214 1214 231 231 2605 3396 -791 -791 MISC REVENUE 900099 14928 14928 FISCAL AGENT FEES 13786 13786 28714 3268491 29137 231 X 103230 78403 15072 9755 790164 600126 115367 74671 93443 70969 13644 8830 67635 51367 9877 6391 71 71 33364 33364 95697 95697 449819 439366 9835 618 10592 3827 6765 77003 42120 24233 10650 55803 42382 8148 5273 4957 3196 1761 2828 2828 563 563 12211 9275 1782 1154 MISC 20929 5267 15662 FISCAL AGENT EXPENSE 11654 11654 1829963 1456477 256144 117342 2465789 3190942 347550 1003500 7320 7525 153632 152788 1407 844 25764 25028 2847830 4227839 112584 54801 112584 54801 X 670116 4173038 2065130 2735246 4173038 2847830 4227839 X 1438528 -736 X X false true X true false X 1107828 1924916 2287247 2350112 3239123 10909226 1107828 1924916 2287247 2350112 3239123 10909226 10909226 31 58 73 123 231 516 5108 -791 4317 10914059 32533 0.99960 0.67300 X PART II, LINE 10 4,317 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23924 71773 95697 1734266 1829963 241498 60375 227980 227815 244642 241498 941935 1412903 60527 64510 89938 95697 310672 56995 56954 61161 60375 235485 353228 15132 16128 22484 23924 77668 SCHEDULE C, PART IV SCHEDULE C PART II-A LINE 1(A) & 1(B) LOBBYING ACTIVITIES: DURING THE NEW MEXICO LEGISLATIVE SESSION, TWO MEMBERS OF STAFF REGISTERED AS LOBBYISTS. NEW MEXICO VOICES FOR CHILDREN'S INTERESTS ARE TO PROMOTE THE EDUCATION, HEALTH, SAFETY AND WELL-BEING OF NEW MEXICO'S CHILDREN AND FAMILIES. THE ORGANIZATION LOBBIED FOR LEGISLATION THAT WOULD BENEFIT THE WELL-BEING OF NEW MEXICO RESIDENTS AND LOBBIED AGAINST LEGISLATION THAT WAS DEEMED DETRIMENTAL TO THE HEALTH AND WELL-BEING OF CHILDREN. THE ORGANIZATION HAS CALCULATED THE EXPENSE OF COMPENSATION AND OTHER COSTS ASSOCIATED WITH THIS ACTIVITY TO BE . 21764 -736 21028 16384 4930 21764 16797 37 16384 15895 902 16797 15018 877 15895 1.00000 true false 153632 152788 844 844 X 3259497 -736 3396 2660 3256837 11654 11654 3268491 1821705 3396 3396 1818309 11654 11654 1829963 SCHEDULE D, PAGE 2, PART V, LINE 4 EACH YEAR, THE ORGANIZATION IS AUTHORIZED TO RECEIVE ONLY THE EARNINGS GENERATED BY THE MONIES HELD IN THE ENDOWMENT FUND. IF NMVC CHOOSES TO TAKE A DISTRIBUTION OF THESE EARNINGS, IT USES THESE PROCEEDS TO PAY FOR GENERAL OPERATING EXPENSES. SCHEDULE D, PAGE 3, PART X NMVC IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. IN ADDITION, NMVC HAS BEEN LASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. NMVC EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 450 ACCOUNTING FOR CONTINGENCIES WHEREBY THE EFFECT OF THE UNCERTAINTIES IN TAX POSITIONS WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. UNDER THAT GUIDANCE, NMVC MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED JUNE 30, 2021 OR 2020. NMVC'S TAX RETURNS BY STATUTE, MAY BE SUBJECT TO NORMAL FEDERAL AND STATE EXAMINATIONS UP TO THREE YEARS FROM DATE OF FILING. SCHEDULE D, PAGE 4, PART XI, LINE 2D RECLASSED DIRECT FUNDRASING EXPENSE 3,396 SCHEDULE D, PAGE 4, PART XI, LINE 4B RECLASSED FUSCAK AGENT EXPENSES 11,654 SCHEDULE D, PAGE 4, PART XII, LINE 2D RECLASSED DIRECT FUNDRASING EXPENSE 3,396 SCHEDULE D, PAGE 4, PART XII, LINE 4B RECLASSED FUSCAK AGENT EXPENSES 11,654 FORM 990 - ORGANIZATION'S MISSION NEW MEXICO VOICES FOR CHILDREN'S MISSION IS TO IMPROVE THE STATUS, WELL- BEING AND RACIAL/ETHNIC EQUITY OF NEW MEXICO'S CHILDREN, FAMILIES, AND COMMUNITIES IN THE AREAS OF HEALTH, EDUCATION, AND ECONOMIC SECURITY BY PROMOTING PUBLIC POLICIES THROUGH CREDIBLE FORM 990, PAGE 2, PART III, LINE 4B RACIAL/ETHNIC EQUITY AND CIVIC PARTICIPATION NMVC BELIEVES THAT OUR COLLECTIVE AND INDIVIDUAL NEEDS AND VOICES SHOULD BE REPRESENTED IN PUBLIC POLICY AND THAT THE RECOGNITION OF HUMAN AND CIVIL RIGHTS OF ALL PERSONS AND FAMILIES SHOULD NOT BE LIMITED BY RACE, ETHNICITY, RELIGION, ABILITY, GENDER, SEXUAL ORIENTATION, GENDER IDENTITY, OR COUNTRY OF ORIGIN. THIS INCLUDES SUPPORTING JUST IMMIGRATION REFORM, SUPPORTING POLICIES THAT ENSURE ACCESS TO PUBLIC PROGRAMS FOR ALL NEW MEXICO RESIDENTS REGARDLESS OF LANGUAGE OR IMMIGRATION STATUS, OPPOSING VOTER SUPPRESSION TACTICS, ENCOURAGING CIVIC PARTICIPATION AND OPEN AND TRANSPARENT GOVERNMENTAL PROCESSES, ENSURING ALL NEW MEXICO RESIDENTS HAVE THE OPPORTUNITY TO PARTICIPATE IN THE POLICYMAKING PROCESS, SUPPORTING POLICIES THAT ADDRESS SYSTEMIC INEQUITIES, AND SUPPORTING POLICIES THAT IMPROVE RACIAL AND GENDER EQUITY IN THE STATE. FORM 990, PAGE 2, PART III, LINE 4C ECONOMIC SECURITY & PROSPERITY - NMVC BELIEVES THAT LONG-TERM ECONOMIC PROSPERITY INVOLVES PROMOTING ECONOMIC AND WORKFORCE DEVELOPMENT OPPORTUNITIES FOR ALL NEW MEXICANS AND SUPPORTING ACCESS TO ADEQUATE WAGES, BENEFITS, PAID LEAVE, AND WORK SUPPORTS. THIS INCLUDES EXTENDING INCREASE ACCESS TO, AND FULLY FUNDING WAGE AND WORK SUPPORT PROGRAMS SUCH AS UNEMPLOYMENT INSURANCE, ADULT EDUCATION, TEMPORARY ASSISTANCE FOR NEEDY FAMILIES, FOOD AND SECURITY PROGRAMS, AND ECONOMIC RELIEF AND CASH ASSISTANCE; PROMOTING CONSUMER PROTECTION INITIATIVES, ESPECIALLY THOSE RELATED TO FINANCIAL SERVICES; INCREASE FUNDING FOR PROGRAMS SERVING HOMELESS AND LOW-INCOME INDIVIDUALS AND FAMILIES; AND SUPPORT EVIDENCE BASED ECONOMIC DEVELOPMENT STRATEGIES THAT ARE COMMITTED TO JOB CREATION, EDUCATIONAL IMPROVEMENT, AND INFRASTRUCTURE INVESTMENTS. FORM 990, PAGE 2, PART III, LINE 4D EDUCATION AND EARLY LEARNING/CARE - NMVC BELIEVES THAT INVESTING IN THE EARLY YEARS AND IN THE EDUCATION CONTINUUM IS THE BEST WAY TO ENSURE THAT NEW MEXICANS HAVE THE BEST OPPORTUNITIES TO SUCCEED IN SCHOOL AND THROUGHOUT LIFE. PROGRAM ACTIVITIES INCLUDE: PROMOTING ACCESS TO QUALITY HOME VISITS FOR INFANTS AND TODDLERS; SUPPORTING FUNDING SOURCES THAT SUSTAIN EDUCATION PROGRAMS; SUPPORTING METHODS FOR CLOSING RACIAL/ETHNIC ACHEIVEMENT GAPS IN ALL STAGES OF EDUCATION; AND SUPPORTING EFFORTS TO IMPROVE EDUCATIONAL OUTCOMES FOR HOMELESS YOUTH. HEALTHY AND SAFE COMMUNITIES - NMVC BELIEVES THAT IT IS AN ETHICAL AND MORAL IMPERATIVE THAT ALL NEW MEXICO CHILDREN AND FAMILIES SHOULD HAVE ACCESS TO A COMPREHENSIVE AND HIGH-QUALITY SYSTEM OF PHYSICAL, ORAL, MENTAL AND BEHAVIORAL HEALTH CARE, AS WELL AS PREVENTION AND WELLNESS RESOURCES. NMVC ALSO BELIEVES THAT ALL NEW MEXICANS SHOULD LIVE AND THRIVE IN SAFE AND SUPPORTIVE COMMUNITIES. THIS INCLUDES FULLY SUPPORTING AND COMPLETELY IMPLEMENTING THE AFFORDABLE CARE ACT, INCLUDING THE "NO WRONG DOOR" POLICY; SIMPLIFYING AND INCREASING ENROLLMENT IN AND EXPANDING ACCESS TO PUBLIC HEALTH, PREVENTION, AND WELLNESS PROGRAMS, ESPECIALLY IN RURAL, TRIBAL AND LOW-INCOME AREA; INCREASING INVESTMENTS IN SCHOOL-BASED HEALTH CARE, TEEN PREGNANCY PREVENTION, OUT-OF-SCHOOL-TIME PROGRAMS, COMMUNITY & YOUTH DEVELOPMENT, COMMUNITY SCHOOLS, AND COMMUNITY INVOLVEMENT; SUPPORTING EFFORTS TO ENHANCE PUBLIC AND CHILD SAFETY, REDUCE INCIDENCE OF ADVERSE CHILDHOOD EVENTS SUCH AS CHILD ABUSE AND DOMESTIC VIOLENCE, PROMOTE EFFECTIVE GUN SAFETY MEASURES, AND ENACTING RESTORATIVE JUSTICE INITIATIVES TO BREAK THE SCHOOL-TO-PRISON PIPELINE. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PROVIDED TO MEMBERS OF THE BOARD AND TO MEMBERS OF THE AUDIT COMMITTEE PRIOR TO THE FINAL SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR ALL BOARD MEMBERS AND STAFF ARE PROVIDED WITH NEW MEXICO VOICES FOR CHILDREN CODE OF CONDUCT AND CONFLICT OF INTEREST POLICIES AND DISCLOSURE FORMS. ALL BOARD MEMBERS AND STAFF READ, INITIAL AND SIGN A COPY OF THE POLICIES, COMPLETE AND SIGN THE DISCLOSURE FORMS AND RETURN WITHIN 30 DAYS OF RECEIVING THE POLICIES. THESE FORMS ARE REVIEWED BY THE FINANCE COMMITTEE AND RETAINED IN THE ORGANIZATION'S FILES. FORM 990, PAGE 6, PART VI, LINE 15A MANAGEMENT COMPENSATION LEVELS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS USING INDEPENDENT COMPARABLE DATA. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT COMPENSATION LEVELS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS USING INDEPENDENT COMPARABLE DATA. FORM 990, PAGE 6, PART VI, LINE 19 TAX RETURNS INCLUDING FINANCIAL STATEMENT INFORMATION ARE MADE AVAILABLE ON THE GUIDESTAR WEBSITE. ALSO, ALL GOVERNING DOCUMENTS AND AUDIT REPORTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES 439,366 9,835 618 FORM 990, PART XI, LINE 9 RECLASSED DIRECT FUNDRASING EXPENSE 3,396 RECLASSED FUSCAK AGENT EXPENSES -11,654 RECLASSED DIRECT FUNDRASING EXPENSE -3,396 RECLASSED FUSCAK AGENT EXPENSES 11,654 FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH ASSUMES OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS