First Ponca Financial

“A copy of form 990 is provided to all members of the board of directors for review prior to filing”

“Each director, principalofficer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person:a has received a copy of the conflicts of interest policyb has read and understands the policyc has agreed to comply with the policy andd understand the organization is charitable and in order to maintain its federal tax exeption it must engage primarily in activities witch accomplish one or more of its tax exepmt purposes.in connection with any actual or possible conflict of interest, an inerested person must disclose the existence of the financial interst and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed (continued)transaction or arrangementafter disclosure of the financial interst and all material facts, and after any discussion wiyj the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“A comparison was made of the salary of the excutive director to the salaries of other excutive directors in other organizations.”

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

“An audit has been completed”