Goodwill Easter Seals Miami Valley

“The 990 is compiled by the outside auditors from the audited trial balance and other supplemental schedules prepared by internal finance staff. The cfo and director of accounting review the draft 990 and revise and rewrite as necessary. Manager and partner review from the outside auditors will result in questions and or revisions. The advance draft is reviewed by the cfo and the president. Any necessary modifications are made to the 990. The final draft from the auditors which has been reviewed extensively by senior management as mentioned above is then sent to the members of the audit committee. Any questions are responded to and any necessary modifications are made. The audit committee, upon being satisfied by their review, recommends that the 990 can be filed. A copy of the 990 is provided to the full board before it is filed.”

“Each board member is required to fill out a conflict of interest questionnaire annually. These questionnaires are reviewed by the executive committee and the committee would recommend any action that might be necessary.”

“All disqualified individuals of the organization, which in 2022 consisted of lance detrick, graig tuschong, matthew arntz, and jennifer bonifas have their compensation reviewed annually by the executive committee of the board. Comparable data for base compensation, bonus and fringe benefits is developed by mercer consulting and made available to the board. The board uses this data to set the compensation of the president. The president sets the compensation of the vice presidents and the cfo, with limits approved by the executive committee of the board. The executive committee will always ask if any members have a conflict of interest with respect to approving the compensation of the disqualified individuals. If so, they do not vote. The results of the review and the voting are documented in the minutes.”

“Although the 990 is available to the public, conflict of interest and financial statements are generally not made available to the public although summarized financial information prepared from the audited financials is made available in the annual report.”

“The process has not changed.”

“Prior period adjustment made during audit to reconcile and adjust beginning net assets due to deferred rent adjustment from operating lease accounting.”

“Prior year lines for both contributions and other expenses were changed to reflect the adoption of a new accounting standard in 2022 (asu 2020-07 presentation and disclosure by not-for-profit entities for contributed nonfinancial assets).”