DC Greens Inc.

“The 990 is prepared by an independent accounting firm with assistance from the Executive Director. Upon completion of the return, an initial draft of the 990 is reviewed by the Executive Director and the Board Treasurer. Once the draft has been internally reviewed and any revisions made, a copy of the 990 is provided either in person or by email to all board members for approval prior to filing the return with the IRS.”

“Every Board member is provided a copy of the conflict of interest policy when they join the Board. At the beginning of each fiscal year, every Board member is provided with a listing of DC Greens' major vendors and is requested to sign a statement that declares that they know of no current conflicts of interest, or provide a statement of any conflicts of interest.”

“In setting the compensation of the Executive Director, DC Greens adheres to a compensation-setting process that includes: 1. Review of the proposed compensation by independent members of the Board or compensation committee; 2. Review of published comparability data for compensation paid by similarly situated organizations of similar size, and; 3. Deliberation and contemporaneous documentation (meeting minutes) of this information by independent members of the Board or compensation committee. The Executive Director's compensation is set after board's executive compensation task force reviews standard salaries and raises for our industry. The board meets without the Executive Director in a closed meeting to determine her compensation for the year prior to the year beginning.”

“Form 1023 (including all related correspondence), IRS determination letter, and Form 990 for the three most recently completed tax periods are available to the public upon request.”

“Governing documents, conflict of interest policies, and financial statements are not usually made available for public inspection. Requests from donors are generally granted for the organization's financial statements, and an annual report of activities and accomplishments is posted on the organization's website.”

“Contract services & consultants: Program service expenses 382,963. Management and general expenses 60,679. Fundraising expenses 47,023. Total expenses 490,665. Design consultant: Program service expenses 3,354. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,354. Payroll service fees: Program service expenses 0. Management and general expenses 7,393. Fundraising expenses 0. Total expenses 7,393.”

“DC Greens' Board of Directors is responsible for oversight of the audit, including selection of the independent accountant. The process has not changed from previous years.”