Triumph Foundation

“Julie Skinner (director, officer) and Andrew Skinner (director) are family members. Additionally, Andrew Skinner (director) and Kirsten Hatchel (director) have a personal relationship. These relationships are disclosed to the Board, and all related individuals abstain from votes where a conflict of interest could arise.”

“The organization's finance team completes and initially reviews Form 990 for accuracy, then distributes it to the governing body with a summary memo of key points. Board members are given time to review, ask questions, and provide feedback. At a subsequent board meeting, the treasurer or finance lead presents the form, addresses any questions, and makes any needed adjustments. Upon board approval, the form is filed with the IRS and made available publicly as required. This process ensures transparency, accuracy, and compliance in financial reporting.”

“During the tax year, Triumph Foundation provides its governing documents, conflict of interest policy, and financial statements to the public upon request.”

“The organization monitors and enforces compliance with the Conflict of Interest Policy through an annual disclosure process, requiring each officer, director, trustee, and key employee to review and sign a statement affirming their understanding and adherence to the policy. During board meetings, any conflicts related to agenda items are disclosed, documented in the minutes, and addressed following the policy's guidelines. Additionally, the organization conducts periodic reviews to ensure that any potential conflicts are managed according to policy, and any violations are promptly investigated and corrected.”

“Triumph Foundation determines the Executive Director's compensation through a process that includes an independent analysis of workload and time commitment, along with research on comparable nonprofit salaries to assess fair market value. Board members who have no business or family relationship with the Executive Director, meet independently to review this information, deliberate, and approve compensation, with discussion and decision documented in meeting minutes to ensure transparency and accountability.”

“Triumph Foundation make its Forms 1023, and 990 available for public inspection by uploading it onto Charity Navigator, GuideStar, and other websites for the community to learn about charitable causes and effectiveness.”