2016-04-06T11:07:52-07:00 2015-08-31 Cusack & Company CPAs LLC 7 Airport Park Blvd Latham NY 12110 990EZ 2014-09-01 161563412 Greenfield Home School Association Inc GREE 5188937402 3180 Route 9N Greenfield Center NY 12833 KAREN REDICK TREASURER 5188937402 2016-04-06 true JOHN CIMINO CPA 5187863550 2016-04-06 X 2014 2016-08-17 19:52:53Z X N/A X X 68694 X 28786 4574 0 19 0 0 0 35315 20355 14960 0 0 48339 121822 1100 24972 147894 -99555 102658 3103 102658 3103 102658 3103 102658 3103 See attached FINAL DONATIONS FOR COMPLETION OF DESIGN, ENGINEERING AND CONSTRUCTION OF A NEW PLAYGROUND AT THE SCHOOL. 119514 Missoula Children's Theatre - after school enrichment to expose students to the arts and theatre. There are anout 60 student participants in the program. 4752 Field trips to enhance social studies, science and literacy curriculums. There were various trips for different grades, whereby most students participated in those appropriate for their grade level. 3300 See attached schedule 4384 131950 SAMANTHA MYERS President 10.00 0 MEGHAN PONE Vice President 2.00 0 CHARLES LOCKE Treasurer 2.00 0 LAURA THIBEAULT Secretary 2.00 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 5419 13051 20647 9243 33360 81720 58817 58351 91605 95321 35315 339409 64236 71402 112252 104564 68675 421129 421129 28 35 37 46 19 165 28 35 37 46 19 165 421294 0.99960 0.99910 0.00040 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Book Fairs 9397 9397 9343 9397 9397 9343 9343 54 true KAREN REDICK 3180 Route 9N Greenfield Center NY 12833 Other As shown, "Other Expenses" shown on Part I - Line 16 includes $13,892 reflected as "Stolen Funds Through 8/31/15." Other In early September 2015, the current President of the organization, Samantha Myers Jackslands, became aware of some unexpected cash flow/financial problems within the organization when she discovered and looked into why one of the organizations's larger expenses from the 2014-15 fiscal year had not yet been paid. Upon further investigation and review of the organization's bank statements, it became apparent that the Treasuer 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. Other Immediately upon discovering these irregularities, a special board meeting was held to vote Charles Locke off of the board and re-install the former Treasurer, Karen Redick, on an intermin basis. A more detailed financial review ensued where it was discovered that the thefts began in October 2014 and Mr. Locke had successfully hidden his actions from the board and other members of the organization, partly due to him also holding the respected position as the School Board President of the Saratoga Springs School District. Other Law enforcment was then called in and Mr. Locke was formally arrested on felony charges. Again, as reflected within Part I, the Line 16 total of "documented" Stolen Funds(funds with a paper trail that can be directly attributed to being stolen by Mr. Locke)through August 31, 2015(fiscal year-end)is $13,892. Note that additional funds were stolen in September, making the total documented stolen funds $15,353. In addition, based on a financial analysis we believe and have estimated an additional $7,403 in "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 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 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 FOR COMPLETION OF DESIGN, ENGINEERING & CONSTRUCTION OF NEW SCHOOL PLAYGROUND DONATION FOR GREENFIELD ELEMENTARY SCHOOL SCHOOL SUPPORTED 119514. OTHERS LESS THAN $5000 OTHER GRANTS/ 2308. Form 990EZ, Part I, Line 16 PROGRAM SERVICES(NON-GRANT - INCLUDED IN PART III, LINE 32) 10128. BANK FEES 212. INSURANCE 231. OFFICE 48. VOLUNTEER APPRECIATION 461. DUCUMENTED STOLEN FUNDS THROUGH 8/31/15 - SEE SCHEDULE O FOR FURTHER DETAILS 13892.