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 23,199. Management and general expenses 8,963. Fundraising expenses 2,686. Total expenses 34,848. International contractors: program service expenses 190,236. Management and general expenses 73,497. Fundraising expenses 22,022. Total expenses 285,755. Outside services: program service expenses 23,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,164.”

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