The Colossian Forum

“The vice president of operations, president and accountant review the form 990 for completeness and the president sends a copy of the form 990 to the directors prior to filing.”

“A. Prior to board or committee action on a contract or transaction involving a conflict of interest, any responsible person with a conflict of interest who attends the meeting shall disclose all facts material to the conflict of interest prior to any discussion or vote on the matter. Such disclosure shall be reflected in the minutes of the meeting. B. A responsible person who plans not to attend a meeting at which he or she has reason to believe the board will act on a matter in which he or she has a conflict of interest shall disclose to the chair of the board, prior to the meeting, all facts material to the conflict of interest. The chair shall report the disclosure at the meeting and the disclosure shall be reflected in the minutes of the meeting. C. A responsible person who has a conflict of interest shall not participate in or be permitted to hear the board's discussion of the matter except to disclose material facts and to respond to questions. Such person shall not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting. D. A member of the tcf board of directors who has a conflict of interest with respect to a contract or transaction that will be voted on at a meeting shall not be counted in determining the presence of a quorum for purposes of the vote. The person having a conflict of interest may not vote on the contract or transaction and shall not be present in the meeting room when the vote is taken. Such person's recusal from the vote shall be reflected in the minutes of the meeting.”

“The president's compensation is reviewed by a sub-committee of the board. The review involves his performance to goals and comparability data for similar positions. Review results and compensation recommendations are then reviewed by the entire board, who then vote to approve or not-approve the sub-committee's recommendation.”

“The organization makes its governing documents and financial statements available upon request.”

“Other professional fees: program service expenses 49,019. Management and general expenses 6,455. Fundraising expenses 6,832. Total expenses 62,306. Stipends and honorariums: program service expenses 29,000. Management and general expenses 108. Fundraising expenses 0. Total expenses 29,108.”