Mercy Beyond Borders

“A draft of the form 990 is reviewed by various members of the board of directors. Any questions or proposed revisions/additions are communicated by the reviewers to the outside cpa preparer of the form 990. A copy of the final form 990 is forwarded to all members of the organization's board of directors before it is e-filed with the internal revenue service.”

“All officers, directors and key employees are covered persons under mercy beyond borders's conflict of interest policy. When an actual or potential conflict of interest arises, the interested person discloses the financial interest and is given the opportunity to present all relevant facts to the board of directors or to any committee with delegated authority reviewing the proposed transaction or arrangement. Following the disclosure and any related discussion, the interested person leaves the meeting so the remaining board or committee members can discuss and vote on whether a conflict of interest exists. An interested person may provide a presentation during the meeting, but must leave before the discussion and vote on the transaction or arrangement related to the potential conflict. If appropriate, the chairperson or committee chair appoints a disinterested individual or committee to explore alternatives to the proposed transaction or arrangement. After conducting due diligence, the board or committee evaluates whether the corporation can reasonably obtain a more favorable transaction or arrangement from a source that does not involve a conflict of interest. If no better alternative is reasonably available under conflict-free circumstances, the disinterested members of the board or committee determine by majority vote whether the proposed transaction or arrangement is in the corporation's best interest, serves its purpose, and is fair and reasonable. Based on this determination, they decide whether to proceed with the transaction or arrangement. If the board or committee has reasonable cause to believe that a member has failed to disclose an actual or potential conflict of interest, it informs the member of the basis for that belief and gives the member an opportunity to explain the alleged omission. After considering the member's response and conducting further investigation if necessary, the board or committee determines whether the member failed to disclose a conflict of interest. If so, it takes appropriate disciplinary or corrective action.”

“Governing documents, the conflict-of-interest policy, and financial statements are available to the public upon request. However, current tax law does not require governing documents, the conflict-of-interest policy, and financial statements be provided to the public.”

“Payroll fees: program service expenses 45,981. Management and general expenses 26,602. Fundraising expenses 24,026. Total expenses 96,609. International contractors: program service expenses 103,597. Management and general expenses 59,934. Fundraising expenses 54,132. Total expenses 217,663. Outside services: program service expenses 131,626. Management and general expenses 0. Fundraising expenses 0. Total expenses 131,626. Other contractor services: program service expenses 2,380. Management and general expenses 1,377. Fundraising expenses 1,243. Total expenses 5,000.”

“Staff development: program service expenses 2,442. Management and general expenses 855. Fundraising expenses 975. Total expenses 4,272. Program supplies: program service expenses 3,805. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,805. Fundraising fees: program service expenses 1,498. Management and general expenses 867. Fundraising expenses 783. Total expenses 3,148. Foreign exchange loss: program service expenses 1,664. Management and general expenses 0. Fundraising expenses 92. Total expenses 1,756. Taxes: program service expenses 61. Management and general expenses 3. Fundraising expenses 0. Total expenses 64.”