TY 2015 Form 990 Schedule I

Return Reference	Explanation
PART I, LINE 2:	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS CAREER AND RECOVERY RESOURCES, INC (CRR) IS COMMITTED TO PROPER, ACCURATE FINANCIAL MANAGEMENT AND REPORTING. THE FOLLOWING OUTLINES PROCEDURES AT CRR FOR MONITORING THE USE OF GRANT FUNDS: 1. WHEN A NEW GRANT IS RECEIVED OR RENEWED, A COPY OF THE EXECUTED GRANT IS FORWARDED TO THE CONTROLLER. 2. THE CONTROLLER SETS UP A PERMANENT FILE FOR THE GRANT AND MAINTAINS THE CONTRACT ALONG WITH ANY OTHER FINANCIAL CORRESPONDENCE REGARDING THE GRANT. 3. THE CONTROLLER REVIEWS THE GRANT CONTRACT AND EXTRACTS ANY FISCAL ITEMS WHICH MUST BE COMPLIED WITH BY CRR. TYPICALLY, FOR GOVERNMENT GRANTS,REFERENCE IS MADE TO VARIOUS PUBLICATIONS PUT OUT BY THE OFFICE OF MANAGEMENT AND BUDGET (OMB) AND THE COMPTROLLER GENERAL'S OFFICE TO WHICH CRR IS RESPONSIBLE FOR ADHERING. CURRENTLY, THESE PUBLICATIONS INCLUDE: OMB CIRCULAR A-110 GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER LEARNING, HOSPITALS AND OTHER NON-PROFIT ORGANIZATIONS OMB CIRCULAR A-122 COST PRINCIPLES FOR NON-PROFIT ORGANIZATIONS OMB CIRCULAR A-133 AUDITS OF INSTITUTIONS OF HIGHER LEARNING & OTHER NON-PROFIT ORGANIZATIONS GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES: 1. IT IS A POLICY OF CRR TO ADHERE TO ANY RESTRICTIONS IMPOSED BY ITS FUNDING AGENCIES, BOTH GOVERNMENTAL AND PRIVATE. THEREFORE, CRR EMPLOYEES ARE EXPECTED TO BRING TO THE ATTENTION OF MANAGEMENT, ANY INSTANCES OF NON-COMPLIANCE. 2 . WHEN CRR IS EXPENDING FEDERAL FUNDS, PRIOR WRITTEN APPROVAL FROM THE FUNDING AGENCY IS REQUIRED FOR THE PURCHASE OF: CAPITAL EXPENDITURES FOR LAND OR BUILDINGS, INSURANCE AND INDEMNIFICATION EXPENSES, PRE-AWARD COSTS, PUBLIC INFORMATION SERVICE COSTS, PUBLICATION AND PRINTING COSTS, REARRANGEMENT AND ALTERATION COSTS. 3. CRR WILL NEVER REQUEST FEDERAL FUNDS TO PAY FOR THE FOLLOWING COSTS: BAD DEBT EXPENSE, CONTINGENCIES, CONTRIBUTIONS OR DONATIONS TO OTHERS, ENTERTAINMENT EXPENSES, FINES AND PENALTIES, INTEREST, FUNDRAISING AND OTHER FINANCIAL COSTS. 4 . FEDERAL FUNDS RECEIVED IN ADVANCE ARE DEPOSITED INTO A FEDERALLY INSURED BANK ACCOUNT. ANY INTEREST EARNED FROM THOSE MONIES IS SUBMITTED TO THE FUNDING AGENCY. IT IS CRR'S CURRENT POLICY TO RECEIVE FEDERAL FUNDS ONLY ON A REIMBURSEMENT BASIS. FISCAL POLICY STATEMENTS: 1. ALL CASH ACCOUNTS OWNED BY CRR ARE HELD IN FINANCIAL INSTITUTIONS WHICH ARE FEDERALLY INSURED. 2. EMPLOYEE PAYCHECKS AND/OR PERSONAL CHECKS WILL NOT BE CASHED THROUGH THE PETTY CASH FUND OF CRR. 3. NO SALARY ADVANCES IS MADE UNDER ANY CIRCUMSTANCES. 4. NO TRAVEL CASH ADVANCES IS MADE EXCEPT UNDER SPECIAL CONDITIONS AND PRE-APPROVED BY THE CEO. REIMBURSEMENTS ARE PAID UPON FULL EXPENSE REPORTING USING THE OFFICIAL CRR FORM WITHIN THE NORMAL DISBURSEMENT SCHEDULE. 5 . ANY ITEM WHOSE VALUE EXCEEDS $50.00, RECEIVED VIA DONATION, IS RECORDED IN THE BOOKS AND RECORDS OF CRR. 6 . FISCAL MANAGEMENT PERSONNEL ARE REQUIRED TO TAKE ANNUAL VACATION WHICH WILL NOT INTERFERE WITH FISCAL PROCEDURES. VARIANCES TO THIS POLICY SHALL BE MADE IN SPECIAL CIRCUMSTANCES, WITH WRITTEN PERMISSION FROM THE CEO. 7. ALL VOLUNTEER TIME WHICH EXCEEDS $50.00 SHALL BE RECORDED IN THE BOOKS AND RECORDS OF CRR. 8. IT IS THE POLICY OF CRR TO REIMBURSE OUT OF POCKET EXPENSES ONLY WHEN SUPPORTING DOCUMENTATION HAS BEEN PRESENTED FOR APPROVED COSTS INCURRED. 9 . IT IS THE POLICY OF CRR TO ESTABLISH PAY RATES WHICH EQUAL OR SURPASS THE FEDERAL MINIMUM WAGE. 10. ALL FUNDS RECEIVED BY CRR FOR EACH PROJECT IS SEGREGATED INTO SEPARATE PROJECT ACCOUNTS IN THE GENERAL LEDGER TO AVOID ANY POSSIBILITY OF COMMINGLING PROJECT MONIES WITH GENERAL OPERATING FUNDS. A FULL COMPUTERIZED LEDGER ACCOUNTING SYSTEM IS MAINTAINED. MONTHLY FINANCIAL STATEMENTS INCLUDING BALANCE SHEET AND STATEMENT OF REVENUES AND EXPENSES ARE PRODUCED AND REVIEWED AND APPROVED BY THE BOARD. 11. THE CEO AND VICE PRESIDENT ARE SIGNATORIES OF ALL CRR BANK ACCOUNTS. A THIRD SIGNATORY WILL CONSIST OF THE SENIOR MANAGEMENT EMPLOYEES EXCLUDING THE CONTROLLER. TWO SIGNATURES ARE REQUIRED FOR ALL DISBURSEMENTS EXCEEDING $100. 12. BANK STATEMENTS ARE RECONCILED MONTHLY IN ORDER TO ACCOUNT FOR ANY OUTSTANDING OR LOST CHECKS. 13. EXPENSE REPORTS ARE MAINTAINED WHICH DISCLOSE THE NATURE OF EXPENSES, AND THE DATES INCURRED. 14. SEPARATE FILES ARE MAINTAINED FOR EACH BANK ACCOUNT AND EACH VENDOR. FILES ARE KEPT SEPARATELY FOR EACH FISCAL YEAR. 15. THE SERVICES OF A CERTIFIED PUBLIC ACCOUNTANT ARE ENGAGED TO PREPARE A FORMAL FINANCIAL AUDIT OF THE CRR FISCAL YEAR-END. 16 . CORRECTION FLUIDS ARE NEVER USED IN PREPARING TIMESHEETS OR ANY ACCOUNTING DOCUMENTS.

Return Reference

Explanation

PART I, LINE 2:

PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS CAREER AND RECOVERY RESOURCES, INC (CRR) IS COMMITTED TO PROPER, ACCURATE FINANCIAL MANAGEMENT AND REPORTING. THE FOLLOWING OUTLINES PROCEDURES AT CRR FOR MONITORING THE USE OF GRANT FUNDS: 1. WHEN A NEW GRANT IS RECEIVED OR RENEWED, A COPY OF THE EXECUTED GRANT IS FORWARDED TO THE CONTROLLER. 2. THE CONTROLLER SETS UP A PERMANENT FILE FOR THE GRANT AND MAINTAINS THE CONTRACT ALONG WITH ANY OTHER FINANCIAL CORRESPONDENCE REGARDING THE GRANT. 3. THE CONTROLLER REVIEWS THE GRANT CONTRACT AND EXTRACTS ANY FISCAL ITEMS WHICH MUST BE COMPLIED WITH BY CRR. TYPICALLY, FOR GOVERNMENT GRANTS,REFERENCE IS MADE TO VARIOUS PUBLICATIONS PUT OUT BY THE OFFICE OF MANAGEMENT AND BUDGET (OMB) AND THE COMPTROLLER GENERAL'S OFFICE TO WHICH CRR IS RESPONSIBLE FOR ADHERING. CURRENTLY, THESE PUBLICATIONS INCLUDE: OMB CIRCULAR A-110 GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER LEARNING, HOSPITALS AND OTHER NON-PROFIT ORGANIZATIONS OMB CIRCULAR A-122 COST PRINCIPLES FOR NON-PROFIT ORGANIZATIONS OMB CIRCULAR A-133 AUDITS OF INSTITUTIONS OF HIGHER LEARNING & OTHER NON-PROFIT ORGANIZATIONS GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES: 1. IT IS A POLICY OF CRR TO ADHERE TO ANY RESTRICTIONS IMPOSED BY ITS FUNDING AGENCIES, BOTH GOVERNMENTAL AND PRIVATE. THEREFORE, CRR EMPLOYEES ARE EXPECTED TO BRING TO THE ATTENTION OF MANAGEMENT, ANY INSTANCES OF NON-COMPLIANCE. 2 . WHEN CRR IS EXPENDING FEDERAL FUNDS, PRIOR WRITTEN APPROVAL FROM THE FUNDING AGENCY IS REQUIRED FOR THE PURCHASE OF: CAPITAL EXPENDITURES FOR LAND OR BUILDINGS, INSURANCE AND INDEMNIFICATION EXPENSES, PRE-AWARD COSTS, PUBLIC INFORMATION SERVICE COSTS, PUBLICATION AND PRINTING COSTS, REARRANGEMENT AND ALTERATION COSTS. 3. CRR WILL NEVER REQUEST FEDERAL FUNDS TO PAY FOR THE FOLLOWING COSTS: BAD DEBT EXPENSE, CONTINGENCIES, CONTRIBUTIONS OR DONATIONS TO OTHERS, ENTERTAINMENT EXPENSES, FINES AND PENALTIES, INTEREST, FUNDRAISING AND OTHER FINANCIAL COSTS. 4 . FEDERAL FUNDS RECEIVED IN ADVANCE ARE DEPOSITED INTO A FEDERALLY INSURED BANK ACCOUNT. ANY INTEREST EARNED FROM THOSE MONIES IS SUBMITTED TO THE FUNDING AGENCY. IT IS CRR'S CURRENT POLICY TO RECEIVE FEDERAL FUNDS ONLY ON A REIMBURSEMENT BASIS. FISCAL POLICY STATEMENTS: 1. ALL CASH ACCOUNTS OWNED BY CRR ARE HELD IN FINANCIAL INSTITUTIONS WHICH ARE FEDERALLY INSURED. 2. EMPLOYEE PAYCHECKS AND/OR PERSONAL CHECKS WILL NOT BE CASHED THROUGH THE PETTY CASH FUND OF CRR. 3. NO SALARY ADVANCES IS MADE UNDER ANY CIRCUMSTANCES. 4. NO TRAVEL CASH ADVANCES IS MADE EXCEPT UNDER SPECIAL CONDITIONS AND PRE-APPROVED BY THE CEO. REIMBURSEMENTS ARE PAID UPON FULL EXPENSE REPORTING USING THE OFFICIAL CRR FORM WITHIN THE NORMAL DISBURSEMENT SCHEDULE. 5 . ANY ITEM WHOSE VALUE EXCEEDS $50.00, RECEIVED VIA DONATION, IS RECORDED IN THE BOOKS AND RECORDS OF CRR. 6 . FISCAL MANAGEMENT PERSONNEL ARE REQUIRED TO TAKE ANNUAL VACATION WHICH WILL NOT INTERFERE WITH FISCAL PROCEDURES. VARIANCES TO THIS POLICY SHALL BE MADE IN SPECIAL CIRCUMSTANCES, WITH WRITTEN PERMISSION FROM THE CEO. 7. ALL VOLUNTEER TIME WHICH EXCEEDS $50.00 SHALL BE RECORDED IN THE BOOKS AND RECORDS OF CRR. 8. IT IS THE POLICY OF CRR TO REIMBURSE OUT OF POCKET EXPENSES ONLY WHEN SUPPORTING DOCUMENTATION HAS BEEN PRESENTED FOR APPROVED COSTS INCURRED. 9 . IT IS THE POLICY OF CRR TO ESTABLISH PAY RATES WHICH EQUAL OR SURPASS THE FEDERAL MINIMUM WAGE. 10. ALL FUNDS RECEIVED BY CRR FOR EACH PROJECT IS SEGREGATED INTO SEPARATE PROJECT ACCOUNTS IN THE GENERAL LEDGER TO AVOID ANY POSSIBILITY OF COMMINGLING PROJECT MONIES WITH GENERAL OPERATING FUNDS. A FULL COMPUTERIZED LEDGER ACCOUNTING SYSTEM IS MAINTAINED. MONTHLY FINANCIAL STATEMENTS INCLUDING BALANCE SHEET AND STATEMENT OF REVENUES AND EXPENSES ARE PRODUCED AND REVIEWED AND APPROVED BY THE BOARD. 11. THE CEO AND VICE PRESIDENT ARE SIGNATORIES OF ALL CRR BANK ACCOUNTS. A THIRD SIGNATORY WILL CONSIST OF THE SENIOR MANAGEMENT EMPLOYEES EXCLUDING THE CONTROLLER. TWO SIGNATURES ARE REQUIRED FOR ALL DISBURSEMENTS EXCEEDING $100. 12. BANK STATEMENTS ARE RECONCILED MONTHLY IN ORDER TO ACCOUNT FOR ANY OUTSTANDING OR LOST CHECKS. 13. EXPENSE REPORTS ARE MAINTAINED WHICH DISCLOSE THE NATURE OF EXPENSES, AND THE DATES INCURRED. 14. SEPARATE FILES ARE MAINTAINED FOR EACH BANK ACCOUNT AND EACH VENDOR. FILES ARE KEPT SEPARATELY FOR EACH FISCAL YEAR. 15. THE SERVICES OF A CERTIFIED PUBLIC ACCOUNTANT ARE ENGAGED TO PREPARE A FORMAL FINANCIAL AUDIT OF THE CRR FISCAL YEAR-END. 16 . CORRECTION FLUIDS ARE NEVER USED IN PREPARING TIMESHEETS OR ANY ACCOUNTING DOCUMENTS.

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)

(1) ASSISTANCE TO INDIVIDUALS		268,222
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Software ID:
Software Version: