Social Enterprise Greenhouse

“The form 990 is prepared by the external accountants and reviewed by the board of directors. Once all are satisfied with the form, it is finalized, and a copy is sent to all board members, who are asked if they have any questions or comments. If any revisions are made, a final copy is sent to all board members. The finalized version of the 990 is then submitted to the irs.”

“Each year the organization's conflict of interest policy is provided to all officers, directors and key employees. These people are asked to review the policy and sign a statement indicating that they understand the policy and have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict, the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.”

“Compensation is approved by the executive committee.”

“He organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative office during normal business hours. The organization charges for the copies in accordance with irs regulations.”

“Other professional fees: program service expenses 175,992. Management and general expenses 29,565. Fundraising expenses 0. Total expenses 205,557. Payroll processing fees: program service expenses 33,325. Management and general expenses 1,801. Fundraising expenses 754. Total expenses 35,880.”

“The organization did not change either its oversight process or selection process during the tax year.”