2012-11-27T08:00:25-06:00 2012-06-30 591753337 KERKERING BARBERIO & CO PO BOX 49348 SARASOTA FL 342306348 990 2011-07-01 591618413 SARASOTA FAMILY YMCA SARA 9419512916 ONE SOUTH SCHOOL AVENUE NO 300 SARASOTA FL 34237 STEVE BOURNE 9419512916 2012-11-16 1 REBECCA U STONER P00585910 9413654617 2011 2016-02-24 21:20:13Z PAUL SMITH ONE SOUTH SCHOOL AVENUE NO 300 SARASOTA FL 34237 39587754 0 X WWW.SARASOTA-YMCA.ORG X 1945 FL THE SARASOTA FAMILY YMCA IS A CHARITABLE ORGANIZATION PROVIDING A RICH AND VARIED COMPENDIUM OF PROGRAMS AND SERVICES TO A DIVERSE POPULATION. AS AN ASSOCIATION OF ALL AGES, ETHNIC GROUPS AND RELIGIOUS AFFILIATIONS, WE ARE UNITED IN PUTTING JUDEO-CHRISTIAN PRINCIPALS INTO PRACTICE THROUGH PROGRAMS THAT ENRICH THE QUALITY OF SPIRITUAL, MENTAL, PHYSICAL AND SOCIAL LIFE FOR CHILDREN, FAMILIES AND OUR COMMUNITY. THE ASSOCIATION CHALLENGES PEOPLE TO LIVE BY THE FOUR CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. THE MOTTO OF THE YMCA IS "WE BUILD STRONG KIDS, STRONG FAMILIES, STRONG COMMUNITIES". 19 19 878 700 566 -10728 28773321 29919549 9670567 9279959 345 9537 140129 39413 38584362 39248458 588866 684669 0 0 12617637 13044833 0 0 31962 25847059 26631390 39053562 40360892 -469200 -1112434 31596345 30463587 10415368 11469281 21180977 18994306 X "WE BUILD STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES". THIS IS ACHIEVED THROUGH OUR THREE PILLARS OF COMMUNITY; FOR YOUTH DEVELOPMENT, FOR HEALTHY LIVING, FOR SOCIAL RESPONSIBILITY. WE PROMOTE AND SERVE A DIVERSE AGE, RELIGIOUS AND ETHNIC POPULATION, CHALLENGING PEOPLE TO LIVE BY OUR FOUR CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. 0 0 24371968 CHILD WELFARE/FOSTER CARE: THE SARASOTA FAMILY YMCA PIONEERED THE CURRENT FOSTER CARE DELIVERY SYSTEM IN FLORIDA THAT HAS BEEN ADOPTED THROUGH OUT THE STATE. COLLABORATING WITH STATE AND COMMUNITY PARTNERS THE Y TOOK CARE OF 2037 CHILDREN IN MANATEE, SARASOTA AND DE SOTO COUNTIES. THE COMMUNITY BASED CARE PROJECT IS KNOWN AS THE SAFE CHILDREN COALITION. THE CONTINUUM OF SERVICES PROVIDED INCLUDE: DIVERSION TO PREVENT CHILDREN ENTERING THE WELFARE SYSTEM, EARLY INTERVENTION, CHILD/FAMILY ASSESSMENT, CASE PLANNING AND MANAGEMENT, COORDINATION OF SERVICES, FAMILY PRESERVATION SERVICES, CHILD PLACEMENT IN FOSTER HOMES/RESIDENTIAL HOMES OR PSYCHIATRIC CARE, ADOPTION SERVICES, FAMILY REUNIFICATION SERVICES, TRANSITIONAL LIVING PROGRAMS TO ASSIST CHILDREN ON THEIR ROAD TO INDEPENDENCE, AND FAMILY REUNIFICATION SERVICES.. 9547642 588169 9279959 HEALTH ENHANCEMENT AND EARLY CHILDHOOD DEVELOPMENT: PROMOTING THE DEVELOPMENT OF A HEALTHY MIND, BODY AND SPIRIT THE SARASOTA FAMILY YMCA CONNECTED WITH OVER 60,000 PEOPLE IN 4 BRANCH LOCATIONS. FACILITIES PROVIDE A LARGE RANGE OF FITNESS AND SOCIAL ACTIVITIES TO APPEAL TO ALL AGE GROUPS. THE VARIETY OF PROGRAMS ALL FOCUS ON EXERCISE, GOOD NUTRITION AND SOCIAL INTERACTION THAT ADVANCE INDIVIDUAL AND GROUP WELL BEING. YOUTH PROGRAMS SUPPORT HEALTHY CHARACTER DEVELOPMENT AND THE BUILDING OF SELF ESTEEM. THE Y'S ACTIVATE AMERICA PROGRAM IS SPECIFICALLY DESIGNED TO COMBAT THE RISING INCREASE IN OBESITY IN AMERICA, PARTICULARLY CHILD OBESITY. FINANCIAL BARRIERS TO MEMBERSHIP ARE MITIGATED THROUGH THE FINANCIAL ASSISTANCE PROGRAM WHICH TOTALED $382,489 IN FISCAL YEAR 2012. EARLY CHILDHOOD DEVELOPMENT IS ACCOMPLISHED AT THE 4 BRANCH LOCATIONS AND 7 SCHOOL SITES. ACTIVITIES INCLUDE MATH, READING, ART AND EXERCISE AND CHARACTER DEVELOPMENT IS EMBODIED THROUGH THE CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. A COMBINATION OF CHILD CARE, YOUTH SPORTS, GYMNASTICS AQUATICS AND CAMP BENEFITED OVER 8,000 CHILDREN. FINANCIAL BARRIERS TO PROGRAM PARTICIPATION ARE MITIGATED THROUGH THE FINANCIAL ASSISTANCE PROGRAM THAT TOTALED $205,680 IN FISCAL YEAR 2012. 2805407 YOUTH AND FAMILY SERVICES: SERVICES ARE PROVIDED THROUGH ONE RESIDENTIAL AND TWO COMMUNITY BASED PROGRAMS AND AN ALTERNATIVE SCHOOL. THE YOUTH SHELTER PROVIDES TEMPORARY HOUSING AND CARE FOR CHILDREN BETWEEN THE AGES OF 10 AND 18 WHO HAVE RUN AWAY, ARE EXPERIENCING CONFLICT, OR HAVE BEEN LOCKED OUT OF THEIR HOMES. THE SHELTER PROVIDED A SAFE PLACE FOR 377 CHILDREN IN A FAMILY LIKE ATMOSPHERE. THE CHILDREN RECEIVE DAILY TRANSPORTATION TO AND FROM SCHOOL AND AFTER-SCHOOL TUTORING. EACH CHILD PARTICIPATES IN INDIVIDUAL, GROUP, AND FAMILY COUNSELING AND A VARIETY OF EDUCATIONAL AND RECREATIONAL ACTIVITIES. FAMILY MANAGEMENT SERVICES PROVIDED FREE COUNSELING SERVICES TO 270 YOUTH (AGES 10-17) AND THEIR FAMILIES IN THE AREAS OF ANGER MANAGEMENT, PEER RELATIONS, SELF ESTEEM, SCHOOL AND HOME BEHAVIORS. THE SCHOOLHOUSE LINK PROGRAM IS A PARTNERSHIP BETWEEN THE SARASOTA FAMILY YMCA AND THE SARASOTA COUNTY SCHOOL BOARD AND HELP OVER 1000 IDENTIFIED HOMELESS STUDENTS IN THE COUNTY. THE PROGRAM'S GOAL IS TO ENSURE THAT STUDENTS IN TRANSITION ARE ABLE TO ENROLL, ATTEND AND SUCCEED IN SCHOOL. SCHOOLHOUSE LINK SUPPORTS EACH STUDENT BY HELPING CREATE EDUCATIONAL STABILITY AND BY REMOVING ANY BARRIERS LIMITING THEIR SUCCESS. 290 STUDENTS PARTICIPATED IN THE YMCA TRIAD ALTERNATIVE PROGRAM THAT IS A COOPERATIVE COMMUNITY PROJECT DEVELOPED TO HELP TEENS IMPROVE THEIR CHANCES FOR FUTURE SUCCESS. IT IS A BEHAVIOR MODIFICATION PROGRAM USING LOW STUDENT TO STAFF RATIOS, SELF-CONTAINED CLASSROOMS, MODIFIED CURRICULA, ADVENTURE-BASED LEARNING, AND A "WHOLE-STUDENT" APPROACH TO TEACHING. 931287 96500 EDUCATIONAL OUTREACH PROGRAMS(EOS):A CONTINUUM OF EOS PROGRAMS IS DESIGNED TO ELEVATE THE QUALITY OF CHILD CARE (CENTER-BASED, FAITH-BASED, FAMILY CHILD CARE AND AFTER SCHOOL CARE), EDUCATION, AND FAMILY INVOLVEMENT FOR CHILDREN BIRTH TO AGE 12. HIPPY (HOME INSTRUCTION OF PARENTS FOR PRESCHOOL YOUNGSTERS) INFLUENCED 282 CHILDREN AND FAMILIES BY ASSISTING PARENTS IN BECOMING MORE INVOLVED WITH THE EDUCATION OF THEIR CHILDREN BETWEEN THE AGES OF AGES 3-5. OPERATION GRADUATION ASSISTED 67 SARASOTA INNER-CITY STUDENTS TO ACHIEVE ACADEMICALLY AND TO SUCCESSFULLY COMPLETE ELEMENTARY, MIDDLE AND HIGH SCHOOL LEVELS. STUDENTS RECEIVE REMEDIAL AND ENRICHMENT INSTRUCTION IN ORDER TO MAINTAIN ACADEMIC STANDARDS. YMCA READS! HELPED STUDENTS TO CLOSE THE GAP IN STUDENTS' READING PERFORMANCE AND THE STATE OF FLORIDA'S READING PERFORMANCE EXPECTATIONS. THE PROGRAM IS LIMITED TO K THROUGH THIRD GRADERS SPECIFICALLY REFERRED BY THE PARTICIPATING SCHOOLS, AND THE PRIMARY FOCUS OF THE PROGRAMMING WILL BE ON IMPROVING STUDENTS' READING GRADE LEVEL EQUIVALENCY. THERE WERE 484 STUDENTS ENROLLED IN THE ACHIEVERS PROGRAMS WHOSE MISSION IT IS TO EMPOWER AT RISK YOUTH TO MAKE AND ACHIEVE POSITIVE GOALS. THE PROGRAM ENCOURAGES CONTINUOUS GROWTH IN THE AREAS OF: 1. PERSONAL DEVELOPMENT 2. COLLEGE PREPARATION 3. COMMUNITY SERVICE AND LEADERSHIP 4. CULTURAL ENRICHMENT 5. RECREATION. IN FISCAL YEAR 2011, $96,500 WAS AWARDED IN SCHOLARSHIPS TO 76 GRADUATES OF THE ACHIEVERS PROGRAM FOR CONTINUING COLLEGE EDUCATION. 931287 96500 37656304 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 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 1 93 0 1 878 1 1 1 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X STEVE BOURNE 9419512916 1 SOUTH SCHOOL AVENUE SARASOTA FL 34237 GEORGE AUGUSTIN 1.00 X 0 0 0 LYNN BONNETT 1.00 X 0 0 0 JIM BOS 1.00 X 0 0 0 KATHY COFFEY 1.00 X 0 0 0 VERONICA BRADY 1.00 X 0 0 0 JAMES SARTORI 1.00 X 0 0 0 ROD HERSHBERGER 1.00 X 0 0 0 JOHN HOGAN 1.00 X 0 0 0 LARUE MERRILL 1.00 X 0 0 0 JOHN ROSS 1.00 X 0 0 0 ANGELO SIFAKES 1.00 X 0 0 0 P BURT VEAZEY 1.00 X 0 0 0 ROBERT JOHNSON 1.00 X 0 0 0 LOUIS ROBISON 1.00 X 0 0 0 KEITH NADASKAY 1.00 X 0 0 0 VICTOR SCULLY 1.00 X 0 0 0 ED LANDIS 1.00 X X 0 0 0 RICK MCDANIEL 1.00 X X 0 0 0 FREDRIC JACOBS 1.00 X X 0 0 0 PAUL SMITH 40.00 X 205854 0 20862 STEVE BOURNE 40.00 X 105258 0 13822 JIM PURDY 40.00 X 151246 0 18560 EDWARD MCBRIDE 40.00 X 106396 0 15058 BONNIE GAUSPOHL 40.00 X 112526 0 15562 681280 0 83864 5 0 1 0 YOUTH AND FAMILY ALTERNATIVES - RA 7524 PALTHE RD NEW PORT RICHEY FL 34653 CASE MANAGEMENT SERVICES 2861154 MANATEE GLENS PO BOX 9478 BRADENTON FL 34206 CASE MANAGEMENT SERVICES 2312347 FAMILY PRESERVATION SERVICES 121 N 2ND STREET FORT PIERCE FL 34950 CASE MANAGEMENT SERVICES 2028883 MANATEE CHILDREN'S SERVICES 453 CORTEZ ROAD WEST BRADENTON FL 34207 OUT OF HOME CARE 578880 PROPERTY HOLDINGS LLC 1991 MAIN STREET SARASOTA FL 34236 RENT 405244 9 62337 1241776 28278135 337301 29919549 MEMBERSHIP DUES 713940 6286176 6286176 PROGRAM SERVICE FEES 713940 2993783 2993783 9279959 1412 1412 87756 112393 -24637 -24637 -24637 8125 0 8125 8125 8125 158184 62337 142615 15569 15569 119924 84288 35636 35636 OTHER REVENUE 900099 13233 13233 Y FOUNDATION 531390 11295 11295 Y ASSOCIATES (K-1) 531390 -11683 -10729 -954 12845 39248458 9279959 566 48384 684669 684669 771529 290605 454469 26455 10142185 9445297 696888 555173 503021 52084 68 732533 663720 68723 90 843413 764184 79126 103 5723 3531 2192 61780 38119 23661 189970 117214 72756 61226 43795 17362 69 1307498 1152082 154888 528 2784470 2325850 456849 1771 276465 268152 7768 545 147110 89208 57902 266653 202758 63895 1486294 1273056 212920 318 645148 560387 84761 CONTRACTED SERVICES 18693115 18691165 1950 EQUIPMENT RENTAL AND MA 292743 185802 106941 BANK CHARGES 206289 154052 52237 DUES & LICENSES 143601 137321 6280 63305 62316 924 65 40360892 37656304 2672626 31962 312456 1929333 1858830 138342 347596 108557 828326 190919 185019 10665 17494 503893 278312 35085033 18742322 17159744 16342711 11063251 10470621 179185 134678 31596345 30463587 1513592 1517727 516469 491819 5690000 6900000 191781 185019 2503526 2374716 10415368 11469281 X 19720957 17345892 1177910 1366304 282110 282110 21180977 18994306 31596345 30463587 X -1112434 -1074237 X X 0 1 1 X 1 1 X 81248370 29786237 28065534 28773321 29919549 197793011 81248370 29786237 28065534 28773321 29919549 197793011 197793011 108499 36817 55665 56558 89168 346707 112383 225952 157968 26697 -10728 512272 27930 18859 42817 33505 13233 136344 198788334 56381430 0.99500 0.99520 X 282110 282110 282110 282110 282110 282110 282110 282110 0.00000 1.00000 0.00000 1 0 1702015 1702015 24007373 10984201 13023172 1723358 1139899 583459 7652287 6618222 1034065 16342711 10470621 F 10470621 CAPITAL LEASE 445855 AGENCY FUNDS 95868 DEFERRED GOVERNMENT CONTRACTS 1273426 INTEREST RATE SWAP 405163 CASH (NEGATIVE CASH) 154404 2374716 39248458 40360892 -1112434 -1074237 -1074237 -2186671 37859785 161341 -961845 -800504 38660289 588169 588169 39248458 40046456 161341 112393 273734 39772722 588170 588170 40360892 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE Y FOUNDATION OF SARASOTA IS A DIRECT SERVICE ORGANIZATION WHOSE SOLE PURPOSE IS TO SUPPORT THE ACTIVITIES OF THE SARASOTA FAMILY YMCA. THE Y FOUNDATION OF SARASOTA HOLDS AND ADMINISTERS ENDOWMENT FUNDS TO BENEFIT THE SARASOTA FAMILY YMCA. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: UNDER THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, THE YMCA HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE YMCA. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN NET ASSETS YMCA FOUNDATION OF SARASOTA, IN -581,670. Y ASSOCIATES BOOK TO TAX DIFFERENCE 723. CHANGE IN VALUE OF INTEREST RATE SWAP -493,291. ROUNDING 1. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,074,237. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST -581,670. BOOK TO TAX DIFFERENCE ON INVESTMENTS IN PARTNERSHIP 723. RENTAL EXPENSE 112,393. CHANGE IN VALUE OF INTEREST RATE SWAP -493,291. PART XII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DISCOUNTS NETTED AGAINST REVENUE PER BOOKS 382,489. PROGRAM DISCOUNTS NETTED AGAINST REVENUE PER BOOKS 205,680. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 112,393. PART XIII, LINE 4B - OTHER ADJUSTMENTS: MEMBERSHIP DISCOUNTS NETTED AGAINST REVENUE PER BOOKS 382,489. PROGRAM DISCOUNTS NETTED AGAINST REVENUE PER BOOKS 205,680. ROUNDING 1. BERLIN BRIDGE RUN 74389 15860 58529 52487 TRIATHLON 53549 9000 44549 32192 1 92583 37477 55106 57936 220521 62337 158184 142615 142615 15569 1 MEMBERSHIP ASSISTANCE 2315 382489 FMV FINANCIAL ASSISTANCE BASED ON THE FEDERAL POVERTY GUIDELINES IS PROVIDED TO INDIVIDUALS AND FAMILIES IN THE FORM OF MEMBERSHIP DISCOUNTS. PROGRAM ASSISTANCE 1760 205680 FMV FINANCIAL ASSISTANCE BASED ON THE FEDERAL POVERTY GUIDELINES IS PROVIDED TO INDIVIDUALS AND FAMILIES IN THE FORM OF DISCOUNTS ON PROGRAM PARTICIPATION. COLLEGE SCHOLARSHIPS 76 96500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL ASSISTANCE BASED ON THE FEDERAL POVERTY GUIDELINES IS PROVIDED TO INDIVIDUALS AND FAMILIES IN THE FORM OF A DISCOUNTED RATE FOR MEMBERSHIP OR PROGRAM FEES (EG AFTER SCHOOL). A FORMAL APPLICATION MUST BE MADE BY THE RECIPIENT AND THE AMOUNT OF ASSISTANCE IS BASED ON A SLIDING SCALE USING THE FERERAL POVERTY GUIDELINES. IN ADDITION COLLEGE STUDENTS WHO GRADUATED FROM THE Y ACHIEVERS PROGRAM MAY QUALIFY FOR A COLLEGE SCHOLARSHIP. X X X 1 0 0 0 0 0 0 0 0 PAUL SMITH 198654 0 0 0 7200 0 13339 0 7523 0 226716 0 0 0 JIM PURDY 150591 0 0 0 655 0 11970 0 6590 0 169806 0 0 0 SUPPLEMENTAL INFORMATION PART III PAUL SMITH RECEIVED A SEVERANCE IN THE SUM OF $138,452 SARASOTA COUNTY FLORIDA 596000848 80330HDG7 2011-08-01 6900000 BOND RETIREMENT/REFINANCE 1 0 1 6900000 23062 123631 1158000 1 0 1 1 0 0 0 0 0.00300 0.00300 1 1 1 1 BB&T 7.000000000000 0 0 0 0 VOLUNTEERS FORM 990, PART I, LINE 6 VOLUNTEERS HELP CHILDREN TO IMPROVE THEIR READING SKILLS, TUTOR AND COUNSEL YOUTH, PARTICIPATE IN FUNDRAISING EVENTS, RUN SPORTING EVENTS, COACH YOUTH SPORTS, OBTAIN AND ORGANIZE CLOTHES/SCHOOL SUPPLIES/OTHER NEEDED ITEMS FOR NEEDY CHILDREN AND PARTICIPATE AS BOARD AND COMMITTEE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT. A PAPER OR ELECTRONIC COPY OF THE RETURN IS PROVIDED TO ALL BOARD MEMBERS. THE FORM 990 IS PRESENTED AT A REGULAR BOARD MEETING WHERE THE FLOOR IS OPEN FOR QUESTIONS AND DISCUSSION. FORM 990, PART VI, SECTION B, LINE 12C TRANSACTIONS WITH DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION ARE DISCOURAGED. SHOULD A TRANSACTION INVOLVING A DIRECTOR, OFFICER OR EMPLOYEE BE DEEMED NECESSARY, THE CONFLICT OF INTEREST MUST BE SUBMITTED TO THE AUDIT COMMITTEE FOR APPROVAL. ANNUALLY, CONFLICT OF INTEREST STATEMENTS ARE PROVIDED AND SIGNED BY ALL DIRECTORS, OFFICERS AND EMPLOYEES WHO ARE EXEMPT OR IN KEY POSITIONS AND ALL TRANSACTIONS MUST BE AUTHORIZED. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING COMPARABILITY DATA. THIS DATA MAY BE PROVIDED BY AN INDEPENDENT CONSULTANT OF THE ASSOCIATON'S HR DEPARTMENT. THE REVIEW PROCESS IS DOCUMENTED AND ALL FINDINGS AND RECOMMENDATIONS ARE PRESENTED TO THE FULL BOARD OF DIRECTORS IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN BENEFICIAL INTEREST IN NET ASSETS YMCA FOUNDATION OF SARASOTA, IN -581,670. Y ASSOCIATES BOOK TO TAX DIFFERENCE 723. CHANGE IN VALUE OF INTEREST RATE SWAP -493,291. ROUNDING 1. TOTAL TO FORM 990, PART XI, LINE 5: -1,074,237. AUDIT OVERSIGHT FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH IS RESPONSIBLE FOR AUDIT OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.