The Wellspring Group Inc.

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“Annual review and disclosure of conflict. Only board members, including the Executive Director, sign the conflict of interest policy. The Operations Director reviews the signed statements and discusses conflicts with said statements at the Board level. If a conflict were to arise it is handled based upon the board policy manual: "Members must avoid conflict of interest with respect to their fiduciary responsibility. There must be no self-dealing or any conduct of private business or personal services between any Board member and the organization except as openly divulged and procedurally controlled to assure openness, competitive opportunity, and equal access to inside information. When the Board is to decide upon an issue about which a member has an unavoidable conflict of interest, that member shall withdraw himself or herself from not only the vote but also the deliberation."”

“15a - The independent Board reviews and approves compensation for the Executive Director. A compensation study is used every 5 years for the Executive Director and an updated compensation study was completed in 2016. The approval process is documented in the minutes. 15b - The board Personnel Team approved the compensation of the Operations Director. A compensation analysis using comparable data for non-profits was used, and the approval process was documented.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available upon request.”

“Other: Program service expenses 51,898. Management and general expenses 20,000. Fundraising expenses 31,117. Total expenses 103,015.”

“The organization's finance committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has changed since the prior year. This was the first year since 2011 in which an audit, review, or compilation of the financial statements took place.”