2026-01-14T13:17:48-06:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC ONE CORPORATE DRIVE SUITE 725 SHELTON CT 064846241 990 2024-07-01 060646992 YWCA GREENWICH CONNECTICUT INC YWCA 2038696501 259 EAST PUTNAM AVENUE GREENWICH CT 06830 MARY LEE KIERNAN PRESIDENT AND CEO 2038696501 2026-01-14 1 1 GARRETT M HIGGINS P00543209 2039293535 2026-01-14 2024 2025-03-06 01:10:19Z YWCA GREENWICH MARY LEE KIERNAN 259 EAST PUTNAM AVENUE GREENWICH CT 06830 14112664 0 X WWW.YWCAGREENWICH.ORG X 1919 CT TO ELIMINATE RACISM, EMPOWER WOMEN AND PROMOTE PEACE, JUSTICE, FREEDOM AND DIGNITY FOR ALL. 31 31 202 120 0 0 3366769 7432835 4005654 4220420 1877684 1542173 -200863 -303565 9049244 12891863 334837 295606 0 0 5047884 4974260 142641 316036 1202123 2967969 3308503 8493331 8894405 555913 3997458 20073135 24507890 1525430 1803771 18547705 22704119 X TO EMPOWER WOMEN AND GIRLS AND PROMOTE INCLUSION AND DIGNITY FOR ALL IN OUR COMMUNITY. THROUGH LEADERSHIP, INNOVATIVE PROGRAMS, SERVICES AND EDUCATIONAL OPPORTUNITIES, YWCA GREENWICH IS A DRIVING FORCE FOR A HEALTHIER, SAFER AND MORE EQUITABLE COMMUNITY. 0 0 2667602 185295 2047772 CHILDHOOD EDUCATION: YWCA GREENWICH CHILDHOOD EDUCATION PROGRAMS PROVIDE CHILDREN AGED 15 MONTHS TO PRETEEN WITH HIGH QUALITY PRESCHOOL, AFTERSCHOOL, SCHOOL VACATION AND SUMMER CAMP PROGRAMS AND FINANCIAL AID IS AVAILABLE. THE PRESCHOOL AND AFTERSCHOOL PROGRAMS ARE LICENSED BY THE CT OFFICE OF EARLY CHILDHOOD. THE PRESCHOOL IS ACCREDITED BY THE NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN, AND THE SUMMER CAMP IS ACCREDITED BY THE AMERICAN CAMP ASSOCIATION. THESE PROGRAMS BUILD ACADEMIC KNOWLEDGE, ENCOURAGE SOCIAL AND EMOTIONAL GROWTH, AND SUPPORT PHYSICAL VITALITY. STUDENTS UTILIZE A MODERN STEAM CLASSROOM AND RECEIVE INSTRUCTION IN SWIMMING, GYMNASTICS, SPANISH, YOGA AND MUSIC. 1402730 6474 1014913 AQUATICS PROGRAMS: YWCA GREENWICH AQUATICS PROGRAMS ARE FOR ALL AGES, FROM BABIES THROUGH SENIORS, AND PROVIDE THE HIGHEST QUALITY INSTRUCTION IN WATER SAFETY, SKILL DEVELOPMENT, TECHNIQUE AND COORDINATION, WHILE IMPROVING PHYSICAL FITNESS. THERAPEUTIC CLASSES INCREASE RANGE OF MOTION AND RESTORE STRENGTH. BI-LINGUAL CLASSES PROMOTE WATER SAFETY AND SKILL BUILDING FOR THOSE LEARNING ENGLISH. YWCA GREENWICH RUNS THE HIGHLY COMPETITIVE DOLPHINS SWIM TEAM, DESIGNATED BY USA SWIMMING AS EITHER A SILVER OR BRONZE LEVEL CLUB FOR TEN OUT OF THE LAST TWELVE YEARS. THIS NATIONAL RECOGNITION IS AWARDED TO ONLY THE TOP 100 CLUBS IN THE USA, AND THE DOLPHINS ARE THE ONLY LOCAL TEAM WITH THIS DESIGNATION. 1201593 91803 0 HARMONY PROJECT: YWCA GREENWICH IS THE ONLY PROVIDER OF BOTH DOMESTIC AND SEXUAL VIOLENCE SERVICES IN GREENWICH DESIGNATED AND ACCREDITED BY THE CONNECTICUT COALITION AGAINST DOMESTIC VIOLENCE AND AFFILIATED WITH THE RAPE, ABUSE, INCEST NATIONAL NETWORK, WITH STAFF LICENSED TO PROVIDE A VARIETY OF VICTIM SERVICES, INCLUDING SEXUAL VIOLENCE SERVICES. DOMESTIC VIOLENCE IS THE NUMBER ONE VIOLENT CRIME AND SECOND MOST INVESTIGATED CRIME LOCALLY. YWCA GREENWICH PROVIDES ALL SERVICES FREE OF CHARGE. SERVICES INCLUDE 24/7 HOTLINES, CRISIS INTERVENTION, GROUP AND INDIVIDUAL COUNSELING, EMERGENCY SHELTER, CIVIL AND CRIMINAL COURT ADVOCACY, CHILD COUNSELING AND HOUSING SERVICES. COMMUNITY EDUCATION, TRAININGS AND PREVENTION PROGRAMS ARE ALSO CRITICAL COMPONENTS OF OUR PROGRAM. 1227402 12034 1157735 HEALTH AND FITNESS: YWCA'S FITNESS PROGRAMS PROMOTE LIFE LONG HEALTH AND WELLNESS THROUGH GROUP EXERCISE CLASSES, PERSONAL TRAINING, A VARIETY OF YOUTH AND ADULT PROGRAMS SUCH AS BASEBALL, GYMNASTICS, DANCE, PICKLEBALL, BASKETBALL AND BADMINTON. EXPENSES $889,057. INCLUDING GRANTS OF $7,534. REVENUE $1,156,135.CENTER FOR EQUITY AND JUSTICE: SIMILAR TO OTHER YWCAS AROUND THE COUNTRY, THE CENTER FOR EQUITY AND JUSTICE PROMOTES GENDER AND RACIAL EQUITY WITH COMMUNITY EDUCATION; ORGANIZATIONAL AND INDIVIDUAL TRAININGS; POLICY ADVOCACY; AND SYSTEMS CHANGE INITIATIVES. COMMUNITY EDUCATION FEATURES A SERIES OF PANEL DISCUSSIONS ON CONTEMPORARY TOPICS THAT ILLUMINATE GENDER OR RACIAL DISPARITIES AND EXPLORE SOLUTIONS. OUR TRAINING AND CONSULTING WORK BUILDS UNDERSTANDING AND CAPACITY TO PROMOTE ANTIRACISM AND GENDER JUSTICE. OUR POLICY ADVOCACY PROMOTES COLLABORATION AND POLICY CHANGES WITHIN IRS LIMITS FOR 501(C)(3) ORGANIZATIONS, AND OUR SYSTEMS CHANGE WORK SEEKS TO ADDRESS SYSTEMS AND STRUCTURES THAT CREATE CHRONIC DISPARITIES FOR CERTAIN POPULATIONS AND GENDERS.EXPENSES $338,345. INCLUDING GRANTS OF $4,500. REVENUE $1,600 1227402 12034 1157735 6499327 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 45 0 202 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X BETH DEXTER 2038696501 259 EAST PUTNAM AVENUE GREENWICH CT 06830 JANE BATKIN CHAIR 1.00 X X 0 0 0 LAUREN WALSH VICE CHAIR 1.00 X X 0 0 0 STEPHANIE KRUSE CHAIR, GOVERNANCE 1.00 X X 0 0 0 DAWN ISRAEL TREASURER 1.00 X X 0 0 0 MARIA MERRILL SECRETARY 1.00 X X 0 0 0 TOLAND SHERRIFF VICE CHAIR, DEVELOPMENT 1.00 X X 0 0 0 LOUISA WINTHROP VICE CHAIR, HARMONY PROJECT 1.00 X X 0 0 0 MICHELLE WOLFRAM VICE CHAIR OF PRGMS & MEMBERSHIP THRU JAN 2025 1.00 X X 0 0 0 CELESTE BALDWIN DIRECTOR 1.00 X 0 0 0 ANGELA CHAMBERS DIRECTOR 1.00 X 0 0 0 MAGGIE COOK DIRECTOR 1.00 X 0 0 0 STEPHANIE FRANKEL DIRECTOR 1.00 X 0 0 0 MELISSA GRAHAM DIRECTOR 1.00 X 0 0 0 TRACY GUARNERA DIRECTOR 1.00 X 0 0 0 BRI HART DIRECTOR 1.00 X 0 0 0 LAUREN JONES DIRECTOR 1.00 X 0 0 0 JENNIFER KAALUND DIRECTOR 1.00 X 0 0 0 MIA KAZANJIAN DIRECTOR 1.00 X 0 0 0 ALLISON KINGSLEY DIRECTOR 1.00 X 0 0 0 KASHA KONOPKA DIRECTOR 1.00 X 0 0 0 CINDY LEAMAN DIRECTOR 1.00 X 0 0 0 CECILIA LIEBERMAN DIRECTOR 1.00 X 0 0 0 JENNIFER LINARDOS DIRECTOR 1.00 X 0 0 0 SHELLY TRETTER LYNCH DIRECTOR 1.00 X 0 0 0 ASHLEE MORNINGSTAR DIRECTOR 1.00 X 0 0 0 ANDREA SABITSANA DIRECTOR 1.00 X 0 0 0 HEATHER SAHRBECK DIRECTOR 1.00 X 0 0 0 KRISSY SCHMITZ DIRECTOR 1.00 X 0 0 0 SARAH SIMMONS DIRECTOR 1.00 X 0 0 0 NATALIE STEIN DIRECTOR 1.00 X 0 0 0 JANETTE VAN DER WEIJDEN DIRECTOR 1.00 X 0 0 0 FELICE ZWAS DIRECTOR 1.00 X 0 0 0 MARY LEE KIERNAN PRESIDENT AND CEO 40.00 X 322105 0 33259 BETH DEXTER CHIEF FINANCIAL OFFICER 40.00 X 194198 0 24046 KATHLEEN SEIDEN CHIEF ADVANCEMENT OFFICER 40.00 X 174436 0 27041 GERI SMILES DIRECTOR OF EARLY CHILDHOOD EDUCATION 40.00 X 129139 0 10943 NICHOLAS CAVATARO HEAD COACH, SWIM TEAM 40.00 X 110080 0 7436 JESSIE DIMUZIO DIRECTOR OF HARMONY PROJECT 40.00 X 116180 0 20039 SIMONE QUARTEY DIRECTOR OF THE CENTER FOR EQUITY AND JUSTICE 40.00 X 110600 0 13484 ANNE MURDOCK DIRECTOR OF ADVANCEMENT 40.00 X 100993 0 2049 1257731 0 138297 8 0 1 0 SERVICE MANAGEMENT GROUP 25 CONTROLS DRIVE SHELTON CT 06484 CLEANING SERVICES 352020 COMMUNITY COUNSELING SERVICES PO BOX 824885 PHILADELPHIA PA 15219 FUNDRAISING CONSULTING 258174 WHITE CONTRACTORS 182 SOUND BEACH AVENUE OLD GREENWICH CT 06870 EXCAVATING CONTRACTING SERVICES 249234 AUTOMATED BUILDING SYSTEMS INC 126 KREIGER LANE GLASTONBURY CT 06033 HVAC MAINTENANCE SERVICES 195831 KG&D ARCHITECTS 285 MAIN STREET MOUNT KISCO NY 10549 ARCHITECTURAL SERVICES 192500 6 1495014 917347 5020474 223592 7432835 PROGRAM SERVICE FEES 624100 3623011 3623011 MEMBERSHIP DUES 624100 597409 597409 4220420 311501 311501 1969094 738422 1230672 1230672 1230672 150370 1495014 471548 -321178 -321178 26638 10831 15807 15807 MISCELLANEOUS 900099 1806 1806 1806 12891863 4220420 0 1238608 295606 295606 790549 134175 450793 205581 3541272 3160233 231516 149523 91400 83990 7410 185393 152879 28113 4401 365646 256811 83162 25673 40913 40913 41400 41400 316036 316036 47025 47025 625732 435078 78611 112043 51632 11530 15564 24538 318614 247130 27379 44105 894415 798426 34407 61582 74353 42890 2931 28532 24840 14329 979 9532 417870 369345 17394 31131 147589 122144 13457 11988 SUPPLIES 342499 318675 23824 BAD DEBT 227205 27336 36349 163520 FOOD & BEVERAGE 35050 26420 8630 STAFF TRAINING 19366 2330 3098 13938 8894405 6499327 1192955 1202123 396589 259801 1045366 1689852 743282 2331678 57913 37861 125118 131857 14477535 7139227 6662572 7338308 10926886 12633756 115409 84777 20073135 24507890 454941 738749 957486 986188 113003 78834 1525430 1803771 X 16781607 17399595 1766098 5304524 18547705 22704119 20073135 24507890 3997458 158956 0 X X 0 1 X 1 0 X 7791371 4776760 2904265 3366769 7432835 26272000 2078420 3442564 3948213 4005654 4220420 17695271 52006 45793 816 1448 1806 101869 9921797 8265117 6853294 7373871 11655061 44069140 1297488 487711 195867 193514 844489 3019069 0 1297488 487711 195867 193514 844489 3019069 41050071 180857 226654 392033 275555 311501 1386600 180857 226654 392033 275555 311501 1386600 10102654 8491771 7245327 7649426 11966562 45455740 0.90310 0.90120 0.03050 0.03250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11872310 1619172 876670 12614812 11617326 1451012 1196028 11872310 10593699 1035700 12073 11617326 12343408 -1660967 23093 65649 10593699 850000 9276672 2280893 64157 12343408 0.88130 0.11870 0 0 418982 418982 11690544 6992080 4698464 1007971 147147 860824 1360038 1360038 7338308 OPERATING LEASE LIABILITY 78834 78834 X 12804491 158956 158956 12645535 47025 199303 246328 12891863 8648077 0 8648077 47025 199303 246328 8894405 PART V, LINE 4: YWCA'S ENDOWMENT CONSISTS OF FIVE INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE INCOME FROM THESE ASSETS CAN BE USED TO SUPPORT RACIAL JUSTICE, WOMEN'S ECONOMIC ADVANCEMENT, DOMESTIC ABUSE SERVICES AND MAKING THE BUILDING HANDICAPPED ACCESSIBLE. THE BOARD OF DIRECTORS OF YWCA HAS DESIGNATED THE REST OF THESE ASSETS TO BE INVESTED AS A QUASI-ENDOWMENT. YWCA HAS ADOPTED INVESTMENT AND SPENDING POLICIES REGARDING ITS ENDOWMENT FUND THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS AND OTHER PROJECTS SUPPORTED BY ITS INVESTMENT ASSETS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE INVESTMENT ASSETS. PART X, LINE 2: YWCA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT YWCA HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. YWCA IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 199,303. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 199,303. X X X X X X X 1 COMMUNITY COUNSELING SERVICE CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 CAPITAL CAMPAIGN FOR BUILDING ADDITION 0 4195000 314030 3880970 4195000 314030 3880970 OLD BAG LUNCHEON 1038634 969664 68970 31839 52913 149794 THE FALL PARTY 308930 268530 40400 28717 46227 10565 32194 3 297820 256820 41000 84741 34558 1645384 1495014 150370 60556 183881 10565 216546 471548 -321178 26638 10400 431 0 0.00000 26638 10400 431 10831 15807 CT 1 0 1 0 0.00000 1.00000 BETH DEXTER 259 EAST PUTNAM AVE GREENWICH CT 06830 0 KATHY SEIDEN 0 OVERSIGHT OF RAFFLE X 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE ORGANIZATION PAYS COMMUNITY COUNSELING SERVICE CO. (CCS) A $25,000 FEE FOR EVERY FOUR-WEEK PERIOD DURING THE FEASIBILITY STUDY PHASE, AND $28,500 FOR EVERY FOUR-WEEK PERIOD DURING THE CAPITAL CAMPAIGN PHASE. THE ORGANIZATION ALSO PAYS CCS'S REIMBURSABLE EXPENDITURES ACTUALLY AND REASONABLY INCURRED IN THE PERFORMANCE OF SERVICES. ANY ADDITIONAL SERVICES WILL BE BILLED AT A DAILY RATE OF $1,500. THE ORGANIZATION IS SEEKING TO FUND A BUILDING ADDITION AND RENOVATION PROJECT. 1 FINANCIAL AID 165 199303 DOMESTIC ABUSE AND SEXUAL VIOLENCE SERVICES ASSISTANCE TO INDIVIDUALS 610 66379 25424 FAIR MARKET VALUE SHELTER, FOOD, CLOTHING SCHOLARSHIPS 9 4500 PART I, LINE 2: THE ORGANIZATION OFFERS FINANCIAL ASSISTANCE BASED ON FINANCIAL NEED AS DOCUMENTED IN AN APPLICATION WITH SUPPORTING DOCUMENTATION. THIS INCLUDES FINANCIAL AID ON PROGRAM FEES AS WELL AS EMERGENCY SHELTER COSTS AND SUPPLIES FOR VICTIMS OF DOMESTIC AND SEXUAL VIOLENCE. YWCA GREENWICH ALSO OFFERS FREE PROGRAMMING AND USE OF ITS FACILITY TO MEMBERS OF THE COMMUNITY WHO MIGHT NOT OTHERWISE HAVE ACCESS DUE TO FINANCIAL CONSTRAINTS, INCLUDING AQUATICS AND AFTERSCHOOL ACTIVITIES. X X X X 0 0 0 0 0 0 0 1 0 MARY LEE KIERNAN PRESIDENT AND CEO 279938 0 42167 0 0 0 16105 0 17154 0 355364 0 0 0 BETH DEXTER CHIEF FINANCIAL OFFICER 189198 0 5000 0 0 0 6727 0 17319 0 218244 0 0 0 KATHLEEN SEIDEN CHIEF ADVANCEMENT OFFICER 172436 0 2000 0 0 0 8722 0 18319 0 201477 0 0 0 PART I, LINE 7 THE ORGANIZATION AWARDED DISCRETIONARY BONUSES BASED ON PERFORMANCE TO CERTAIN INDIVIDUALS REPORTED IN PART VII AND SCHEDULE J. THESE BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS. X 108095 COST X LADIES BAGS 127 114022 COST X JEWELRY 1 1000 COST X GIFT CARD 4 475 COST 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 4 THE BOARD OF DIRECTORS AMENDED THE BY-LAWS AND ARTICLES OF INCORPORATION IN NOVEMBER 2024. THE CHANGES TO THE BY-LAWS AND ARTICLES OF INCORPORATION INCLUDE THE REMOVAL OF THE MEMBERSHIP GOVERNANCE LEVEL. THE BOARD OF DIRECTORS IS NOW THE ONLY GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE MEMBERS OF THE AUDIT COMMITTEE WILL RECEIVE A COPY, REVIEW, AND APPROVE THE COMPLETE FORM 990 WITHOUT SCHEDULE B - SCHEDULE OF CONTRIBUTORS, AND ANY CALCULATIONS THAT RELY ON SCHEDULE B DATA. THE FORM 990, EXCEPT FOR SCHEDULE B, IS PROVIDED TO THE FULL BOARD OF DIRECTORS. SCHEDULE B OF THE FORM 990 HAS NOT BEEN SHARED WITH ANY OF THE COMMITTEES OF THE BOARD NOR THE FULL BOARD TO PROTECT DONOR ANONYMITY. SCHEDULE B IS REVIEWED BY SENIOR MANAGEMENT AND THE CHAIR OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE YWCA REQUIRES THAT BOARD MEMBERS AND KEY STAFF DISCLOSE ANNUALLY THE NAMES OF ORGANIZATIONS ON WHOSE BOARDS THEY SERVE, ALL KNOWN POTENTIAL CONFLICTS OF INTEREST, AND ANY ACTIVITY OR OUTSIDE INTEREST THAT MAY APPEAR TO CONFLICT WITH THE BEST INTEREST OF YWCA GREENWICH, INCLUDING INVOLVEMENT WITH A CURRENT OR POTENTIAL YWCA VENDOR, GRANTEE OR COMPETING ORGANIZATION. CONFLICTS ARE DETERMINED AND REVIEWED BY THE BOARD OF DIRECTORS. THE PERSON WITH THE POTENTIAL OR ACTUAL CONFLICT MUST ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE PRESIDENT AND CEO'S COMPENSATION REVIEW WAS PERFORMED BY THE CHAIR AND THE VICE CHAIR OF THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS INCLUDED THE USE OF DATA FROM A CEO COMPENSATION STUDY CONDUCTED IN 2021 BY AN INDEPENDENT COMPENSATION CONSULTANT USING THE FORM 990'S OF OTHER ORGANIZATIONS, COMPENSATION STUDIES, SURVEYS, AND OTHER MARKET COMPARABLE DATA. THE CEO'S COMPENSATION REVIEW WAS LAST PERFORMED IN JULY 2025 AND WAS CONTEMPORANEOUSLY DOCUMENTED. LINE 15B: THE PRESIDENT AND CEO REVIEWS THE CHIEF FINANCIAL OFFICER'S AND CHIEF ADVANCEMENT OFFICER'S COMPENSATION ANNUALLY. AN INDEPENDENT COMPENSATION CONSULTANT CONDUCTED A COMPENSATION STUDY FOR SENIOR MANAGEMENT AND KEY EMPLOYEES IN 2021. COMPENSATION REVIEWS FOR THE CHIEF FINANCIAL OFFICER AND CHIEF ADVANCEMENT OFFICER WERE LAST CONDUCTED IN JULY 2025. FORM 990, PART VI, SECTION C, LINE 19 THE YWCA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS AND FORM 990 ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE WHICH IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.