Ranch Hands Rescue

“Charles and lindy fisher have both a family and business relationship.”

“No committees with authority to act on behalf of the governing body existed for the calendar year.”

“The form 990 is reviewed by the board prior to the president signing and submitting to the irs.”

“The corporation's conflicts of interest policy shall apply to any transaction or arrangement with an interested person. If the board of directors (or any committee having board authority) is considering entering into any transaction or arrangement with a corporation, entity or individual in which an interested person has a financial interest, (a) the interested person must disclose the potential conflict of interest to the board of directors or the committee, as the case may be, (b) the interested person must leave the meeting while the matter is discussed and (c) the intersted person, if he or she has any voting rights, may not vote on the matter in question. If it is determined that a conflict of interest exists: (a) the interested person must leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest; (b) if appropriate, the board of directors or any committee having board authority, as the case may be, may appoint a noninterest person or committee to investigate alternatives to the proposed transaction or arrangement; (c) the board of directors or any committee having board authority, as the case may be, may determine, by a majority vote of the noninterested voting members, that (i) the transaction or arrangement is in the corporation's best interest and for its own benefit and is fair and reasonable to the corporation and (ii) after exercising due diligence, the organization cannot obtain a more advantageous transaction or arrangement with reasonable efforts under the circumstances; and (d) the board of directors must take appropriate disciplinary action with respect to an interested person who violated the conflict of interest policy to protect the corporation's best interests. The corporation's conflicts of interest policy shall be made available to all directors, principals, officers, and members of committees having board authority.”

“The board of directors forms a compensation committee to determine the compensation of the organization's officers. The committee analyzes data provided by candid regarding executive staff compensation for non-profits. The deliberation and decisions are made by vote by the board without executive staff present.”

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

“The statement of functional expense per the tax return differs from the breakout provided by the audit report. At the time of the audit report, management was using a poor coding system and were unable to allocate any further. A new coding system was implemented to allow for more accurate coding, and was done so prior to the 2021 tax return being filed. The tax return uses the improved, more accurate coding.”

“The board of directors assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from prior years.”