Our Kids DBA Open Heartland

“A draft copy of irs form 990 is reviewed by the board of directors at the appropriate meeting. Any changes to the draft copy results in an additional meeting with the co-founder and president before final approval. Only then can the 990 be filed.”

“The conflict of interest policy applies to directors, officers and employees of the organization. These individuals are required to disclose any conflict of interest as soon as the conflict is identified or if a conflict is anticipated. Any disclosure is to be noted in the board minutes upon discovery. Those individuals involved are not allowed to vote on or be involved in any decision on the process to resolve the issue taken up by the other board members. The officer, director or employee involved is to notify the board members when the correction of the conflict begins, any interim correction and when the conflict is resolved. These events are to be recorded in the monthly board minutes.”

“Photocopies of any 990 forms requested by the public are handled by the accounting office of the organization.”

“The allocation of management and general expenses of the organization was computed to be 15,037 for the fiscal year. This computation was based on the ration of revenue generated for the program services in relation to the grand total of contributions, grants and gifts received.”

“Back to school books/supp 7,187 0 0 family hygiene products 6,566 0 0 youth supplies 4,228 0 0 youth instructor fees 2,920 0 0 supplies 815 1,739 0 family educational 2,174 0 0 family welcome project 1,836 0 0 back to school event exp. 1,355 0 0 family enrichment 1,151 0 0 family clothing 862 0 0 youth event food expense 674 0 0 donor transaction fees 593 0 0 equipment rental & maint. 81 173 0 miscellaneous exp. 70 150 0 bank fees 57 123 0 family medical expense 174 0 0 youth transport expense 159 0 0 family transport expense 80 0 0 public awareness exp 19 41 0 family housing & shelter 50 0 0 credit card fees 11 22 0 license, fees & permits 7 15 0 total 31,069 2,263 0”