Garden Education Center of Greenwichinc

“Anyone may become a member of the garden education center upon payment of annual dues, which are determined by the board of directors.”

“The gec has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is submitted electronically to the board of directors for any comments prior to its submission. The board members are provided one week to review the prepared form 990 and to provide their comments electronically to the finance committee. The comments are discussed by the finance committee and presented to the accounting firm for their review before finalizing and filing the return.”

“As directors of the gec, individuals may not use their position for personal gain or for the benefit of friends and family members. To avoid conflict of interest, directors should disclose any connections with corporations or individuals doing business with the gec. Board members who foresee any potential conflict should withdraw from voting on such matters. Members of the board of directors may become privy to confidential information concerning gec employees, finances or legal matters. Directors are expected to refrain from disclosing such information. Any information obtained through an individual's board position should not be used for the purpose of furthering any personal interest or as a means of making any financial gain.”

“The organization set up a small committee to work on the approval and appointment of the ceo or executive director. The committee checks with other non-profits to see what they are compensating for similar positions as well as refer back to what they have paid in the past. Once compensation has been determined, it is presented to the board for discussion and approval.”

“The organiztion makes its governing documents, and financial statements available upon request. The organization does not currently have a written conflict of interest policy.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and the selection of an independent auditor. The oversight process has not changed from the prior year.”