Faith House Child & Youth Development Center Incorporated

“Upon completion of the 990 by independent cpa, a copy is given to the executive director for review and approval. The executive director upon receipt of the tax form then schedules a meeting with members of the organization's finance committee to review the form. Questions if any are then preasented to the accountant for clarification. Upon satisfactory clarification of all questions, the 990 is approved by the committee and the accountant is instructed to finalize the return.”

“The issue of whether a conflict of interest exist is routinely considered during board meetingswhen the board is engaged in discussion relating to activities conducted by the organization, entering into contracts, hiring personnel, etc.”

“In determining the compensation for the organization's executive director and key employees, the organization's board considers the following factors:1) level of education.2) experience.3) compensation paid by other similar organizations.4) financial status of the organization.the board also consults with an outside personnel agency. All discussions pertaining to the decision reached is documented.”

“The organization follows the same procedure used for ceo, executive dir and top management. See write-up of procedure in part vi, line 15a.”

“The organization's governing documents, conflict of interest policy and financial statements are maintained at the organization's headquarters and are available to the public upon request.”

“SEE ATTACHED SCHEDULE”