WHO IS ACCREDITED?

Private Organization Accreditation

Northside Psychological Services is a combination of both private practice and community mental health provider. We provide services to children and adults (EAP, private insurance, private pay, etc.) in our private practice setting. In our Community Care Program, we provide services to children and adolescents in their homes.
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ORGANIZATION TESTIMONIAL

Family Services of the North Shore

Kathleen Whyte, Manager of Human Resources / Accreditation Coordinator

Family Services of the North Shore is about to enter our third accreditation cycle with COA. Accreditation has provided us with a framework that enables us to demonstrate accountability to our clients, our funders and our donors. There is no question that the accreditation process and COA have benefited our agency.
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Purpose

The nonprofit organization’s financial accountability and viability are achieved through the application of sound financial management practices that accord with legal, regulatory and contractual requirements.

FOC
CA-FIN 4: Oversight of Investments

An organization that invests funds has controls to ensure the proper management of investments, including a committee established by the governing body, as appropriate, that:

  1. follows, and biennially reviews, an investment policy that outlines acceptable levels of risk, criteria for contracting with investment advisors or firms, and protocols for making investment decisions;
  2. oversees and reviews both the investment of funds and the management, purchase, or sale of real estate, securities, and other assets;
  3. ensures practices conform to applicable legal and regulatory requirements; and
  4. reports the status of investments and investment recommendations to the governing body.

NA The organization does not invest funds.

Rating Indicators
1
The organization's practices reflect full implementation of the standard.
2
Practices are basically sound but there is room for improvement; e.g.,
  • Investment policy has not been reviewed or updated within the last three years.
3
Practice requires significant improvement; e.g.,
  • Management manages investments with little oversight of the governing body.
4
Implementation of the standard is minimal or there is no evidence of implementation at all; e.g.,
  • The governing body plays no role in investment oversight; or
  • There is no investment policy.

Table of Evidence

Self-Study Evidence On-Site Evidence On-Site Activities
    • Investment policy
    • Governing body and/or committee meeting minutes 
    • Most recent investment review
    • Interview:
      1. Governing body finance committee members
      2. CEO/CFO
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