Angels at Risk

“The organization does not have any committees with authority to act on behalf of the governing body.”

“Independent cpa prepares the forms and e-mails draft to the president and one board member for review and comment prior to finalizing. Any necessary changes are made prior to finalizing the forms. A copy of the final form 990 is made available to all board members when completed.”

“The board reviews all policies at the beginning of every year, and all board members and key administrators sign a conflict of interest form annually. In the event any director, officer or employee finds himself or herself in a position of conflict, he or she shall promptly disclose that fact to the board, as may be appropriate. A director who is directly or indirectly involved in a potential conflict of interest is not allowed to vote on any action of the board regarding the potential conflict and is not counted in determining the existence of a quorum at any meeting of the board where the potential conflict is considered.”

“The angels at risk board (at least two members) reviews the founder/president's salary and weighs a) the fact that the current founder/president functions both as an executive director (on-side) and lead angels at risk counselor/director of operations (off-site) as well as an integral part of the fundraising team, for a total of approximately 45 hours/week of service (part-time) and is underpaid in comparison against b) current similar salaries in southern california, a primary survey of which is published annually by the center for nonprofit management entitles "compensation and benefits survey for southern and central california nonprofit organizations." the compensation committee then makes a recommendation as to whether the founder/president salary should stay the same, be reduced, or raised (elects to offer raise annually when monumental financial gains occur) so as to match the work effort and reasonable pay scales for the year. At the annual board meeting, the board as a whole then votes on the founders/president's salary. The process described here was last completed in 2023.”

“The following organizational documents of angels at risk are available for inspection or copying at the organization's office during normal business hours at no charge, except for a nominal copying fee: 1. Tax exemption application 2. Irs determination letter 3. Articles of incorporation 4. By-laws 5. Form 990 for the most recent and prior two years.”