Buildingcommunityworkshop

“The form 990 is prepared by a third-party cpa who provides the form to the organization for review. The founder and executive director reviews the draft and then presents it to the board members for review and approval. The cpa will makeadjustments based upon board recommendations. Upon receiving approval, the cpa firm processes the return and provides it to the organization for signature and filing with the internal revenue service. The board receives a final signed copy of the return.”

“The organization appropriately monitors and enforces a conflict of interest policy. The policy defines a conflict of interest as any business transaction between a covered person and the organization or business operations that would benefit the covered individual personally. In the event of a political transaction covered by the conflict of interest policy, the facts must be disclosed to the board and then approved by those who are independent to the transaction.”

“The organization determines compensation using the aia national model for compensation along with the center for non-profit report on local compensation among non-profits. The independent members of the board of directors approve the salary for the executive director.”

“The organization does not have any other officers or key employees that receive compensation.”

“Upon request and it is also hosted on candid.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request to the organization.”

“Section b, line 12b - annual disclosure of conflict of interestthe conflict of interest policy covers the members of the board of directors who are required to disclose a conflict of interest based upon an occurance rather than an annual disclosure.”