For the Children

“The executive committee is a standing board committee consisting of the chair (who will chair the committee), the vice chair, the chair of the governance committee, the chair of the finance committee, and up to two other directors appointed by the board. A majority of the members of the executive committee constitutes a quorum for the transaction of its business. In the absence of any member of the executive committee from a meeting of the committee, the board may appoint any director to participate in that meeting as an alternate member thereof with power to vote in place of the absent member, and that alternate member may be counted in determining the presence of a quorum at the meeting. The executive committee will formulate, supervise, and implement the policies of the corporation under the direction of the board between the meetings of the board and while the board is not in session. The executive committee must present minutes from each of its meetings to the board at the next board meeting immediately following the executive committee's meeting.”

“It is the policy of the organization to distribute the form 990 to all members of the board of directors to review and approve prior to its filing.”

“The organization's conflict of interest policy is reviewed and discussed annually at a regularly scheduled board meeting. Affirmation statements are reviewed and executed by all board members, officers, and key employees. The policy covers any director, principal officer, or member of a committee with board of directors delegated powers. Determination and review of actual or possible conflicts are conducted by the board. Persons with a possible conflict are required to leave the meeting during deliberation and voting.”

“The compensation process for top official executive salaries are set by the board of directors based on a comparison of salaries of executives with similar responsibilities in orange county nonprofit organizations of comparable size and complexity. Periodic adjustments to compensation are made up or down based on the position's level of responsibility and on current economic conditions. Deliberation and decision making is recorded in board minutes. This process was last completed in 2022.”

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

“The organization's finance committee is responsible for selecting an independent auditor and overseeing audits of its financial statements. This process hasn't changed since the prior year.”