Project 1 27

“The organization does not compensate any other officers or key employees. Therefore, this line was marked no in accordance with the instructions.”

“The Form 990 is prepared by an independent CPA firm and reviewed in detail by the President, Accounting Manager, Board Chair, and business administrator. It is provided to all members of the Board before it is filed.”

“Board members and officers sign a conflict of interest statement annually. The COI policy also requires that any possible conflicts of interest on the part of any member of the Board should be fully and promptly disclosed to the other members of the Board and made a matter of record throughout the year. Signed statements and any potential conflicts are reviewed by the President and the Board Chair. Any member having a possible conflict of interest on any matter abstains from voting or using any personal influence on any such matter. The Board determines whether a contemplated transaction is just, fair, and reasonable to the organization, and if determined affirmatively, the Board may authorize the transaction in the best interest of the organization.”

“Compensation for the President is set and approved by the independent members of the Board. The Board utilizes compensation data from similar organizations for guidance. Deliberations and decisions are documented in the Board minutes.”

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

“The Families Care program reported on 990 Pt. III, Line 4b, was discontinued during the year due to a lack of volunteers.”

“(Expenses $ 96,321 including grants of $)(Revenue $ 89,217) ECHOflex, an 8-week class designed to help children and their parents develop skills for better mental health and resiliency, held 6 cohorts which served 90 children and 37 families. Participants reported significant increases in resiliency and healthy relationships.”

“(Expenses $ 58,320 including grants of $) The 1.27 National Network, led and funded by Project 1.27, served 18 similar organizations across the U.S. Together 1.27 Network organizations served 7,000 children through foster, kinship and adoptive families, mentoring, support services and direct resources. Project 1.27 provided Network members with 6 learning cohorts, monthly networking calls, a 3-day Executive Leader retreat and individual coaching and encouragement.”