Artreach Inc

“There are no committes with authority to act on behalf of the governing board of directors.”

“The organization 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, a copy of the form 990 is provided to the board of directors at a board of directors meeting for their approval. Once the board has approved the return it is filed with the internal revenue service.”

“All board members, employees, and volunteers are required to sign a conflict of interest disclosure upon election, hiring, or appointment, and thereafter annually, to fully disclose any interests that could result in a conflict. Conflicts of interest are determined and reviewed by the board of directors; however the interested person may not be present for the discussion or vote on the matter. The discussion is documented in the minutes of the meeting.”

“The board reviews the compensation of the executive director annually. The board uses comparability data to determine the executive director compensation. After deliberation the compensation is voted on and approved. The decision is then documented in the board minutes. The compensation of the executive director is unchanged from the prior year.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request.”

“Payroll processing service: program service expenses 3,641. Management and general expenses 388. Fundraising expenses 0. Total expenses 4,029. Professional services / instruction: program service expenses 60,019. Management and general expenses 450. Fundraising expenses 0. Total expenses 60,469.”

“The organization has no audit committee and the board of directors assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. The process has not changed from the prior year.”