2017-03-22T08:16:08-07:00 2016-08-31 Cusack & Company CPAs LLC 7 Airport Park Blvd Latham NY 12110 990EZ 2015-09-01 161563412 Greenfield Home School Association Inc GREE 5188937402 3180 Route 9N Greenfield Center NY 12833 KAREN REDICK TREASURER 5188937402 2017-03-22 true JOHN CIMINO CPA 5187863550 2017-03-22 X 2015 2021-01-29 14:40:06Z X X N/A X X 43440 X 4549 5342 0 5 0 0 0 33544 16388 17156 0 0 27052 10741 1050 8061 19852 7200 3103 10303 3103 10303 3103 10303 3103 10303 See attached Enrichment & Cultural Arts - grants to teachers and school for various programs that further enrich the student experience. There are about 382 students at the school. 10241 10241 Missoula Children's Theatre - after school enrichment to expose students to the arts and theatre. There are about 60 student participants in the program. 5136 FUN DAY - A DAY OF EVENTS TO ENHANCE TEAMWORK SKILLS. 1100 See attached schedule 544 17021 SAMANTHA MYERS President 15.00 0 MEGHAN PONE Vice President 3.00 0 KAREN REDICK Treasurer 6.00 0 LAURA THIBEAULT Secretary 3.00 0 false false false false false false false false false KAREN REDICK 3180 Route 9N Greenfield Center NY 12833 5188937402 false false false false false false false false false false false NONE NONE X 0 0 0 13051 20647 9243 33360 9891 86192 58351 91605 95321 35315 33544 314136 71402 112252 104564 68675 43435 400328 400328 35 37 46 19 5 142 35 37 46 19 5 142 400470 0.99960 0.99960 0.00040 0.00040 X Spring Fun Fair 5864 5864 4797 5864 5864 4797 4797 1067 KAREN REDICK 3180 Route 9N Greenfield Center NY 12833 Other As shown, "Other Expenses" on Part I - Line 16 includes $1,461 reflected as "Documented Stolen Funds." These were in addition to the $13,892 in such funds from the prior fiscal year, leaving a total of $15,353. Other As explained on Schedule O in our prior year filing, this all stems from the discovery that the Treasurer for the 2014-15 fiscal year, Charles Locke, had been embezzling funds from the organization's bank accounts, pocketing cash received at school events, and even making online payments to his personal credit card from the organization's checking account. This continued through September of 2015. Pt VI, Line 8b Please see the prior year Schedule O for further details on how this was all discovered and how it was/has been pursued by the organization to where Mr. Locke has been arrested on felony charges. At this time, the legal proceedings are still in progress. He was arraigned on November 2016, there were pre-trial hearings in February 2017 and a new trial date has been set for May 22, 2017. Also note that based on a detailed financial analysis we believe and have estimated $7,403 in additional "missing revenues," that is funds/cash that never made it into the organization bank account and were clearly missing and unaccounted for. Based on these figures, the organization is currently seeking $22,756($15,353 in documented theft plus the $7,403 in missing funds) in restitution and will be requesting this at the eventual restitution hearing. With these and other legal proceedings still in progress, knowing any eventual award amount is obviously unknown at this time. Other While the above explanation is intended to keep the user of this filing up to date on these recent events and help reflect its potential fiancial impact, it is also important to keep in mind when analyzing the current and prior year financial figures and/or comparing them to prior years. For example, because the organization uses the cash method of reporting, it is important to have an understanding that certain expense figures may look "understated" because the bills were never paid by Mr. Locke, or that certain revenues might also look "understated" because related cash was never deposited or recorded as such. Other Further questions related to this matter should be directed to the organization's board. Form 990EZ, Part I, Line 10 GRANTS TO TEACHERS - EDUCATION/CLASSROOM ENHANCEMENT; TEACHER GRANTS; ENRICHMENT & CULTURAL ARTS: GR Form 990EZ, Part I, Line 10 Others less than $5000 each; Other Grants/; : , , , ; , 500. Form 990EZ, Part I, Line 16 Program Services(non-grant - included in Part III, Line 32) 6280. Form 990EZ, Part I, Line 16 Bank Fees 301. Form 990EZ, Part I, Line 16 Office 19. Form 990EZ, Part I, Line 16 Ducumented Stolen Funds - see Schedule O for further details 1461.