Animals Asia Foundation

“The 990 is prepared by an independent cpa firm in conjunction with the organization's finance department. A draft of the 990 is reviewed by the director, and corrections/modifications are made by the outside cpa. The revised draft is then reviewed by the chairman of board. Any concerns are raised with the cpa firm and a consensus is achieved. The return is then finalized and electronically filed with the taxing authorities.”

“Members of the board of directors are required to disclose conflicts of interest contemporaneously during voting sessions and annually upon the new year renewal of board membership.”

“The chair of the board conducts an appraisal of the executive director. This includes asking for feedback from all board members and key senior staff throughout the organization that the executive director works with. This information is compiled and the board chair will review the results that will, among other things, determine the compensation of executive director for the following fiscal year.”

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

“The organization uses executive resource group, llc as their professional employer organization to make payments to their employees. Per irs guidelines and 990 instructions, the employees are treated as though the organization paid the employees directly for 990 presentation purposes. The amounts paid by the peo are shown on part ix, lines 5 & 7. The amounts paid by the peo are shown on part vii, section a and section b.”

“Other professional fees: program service expenses 18,322. Management and general expenses 50,549. Fundraising expenses 9,354. Total expenses 78,225. It support: program service expenses 946. Management and general expenses 2,611. Fundraising expenses 483. Total expenses 4,040. Compliance: program service expenses 3,278. Management and general expenses 9,044. Fundraising expenses 1,674. Total expenses 13,996. Consulting: program service expenses 62,585. Management and general expenses 172,664. Fundraising expenses 31,952. Total expenses 267,201. Project managment: program service expenses 710. Management and general expenses 1,959. Fundraising expenses 363. Total expenses 3,032. Human resources: program service expenses 1,361. Management and general expenses 3,755. Fundraising expenses 695. Total expenses 5,811. Marketing : program service expenses 14,069. Management and general expenses 38,816. Fundraising expenses 7,183. Total expenses 60,068.”

“During the tax year, the organization incurred significant one-time expenses related to adjustments in grantee relationships. These expenses included fees and other transitional costs necessary to align with revised operational strategies. The organization has since implemented adjustments to streamline and reduce such expenses in future operations. We remain committed to fiscal responsibility and to enhancing oversight as part of our ongoing commitment to sound financial management and accountability.”

“During the fiscal year, the organization determined that -159,790. Certain contributions receivable were uncollectible. As a result, a write-off of uncollectible contributions receivables totaling $159,790 has been recognized. This adjustment is reflected as a reduction in the organization's net assets, reported on line 9 of the reconciliation of net assets.”

“An audit is pending, but is not complete at the time of the 990 filing due date.”